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Optimal Finance Daily - Financial Independence and Money Advice

393: How I Learned to Stop Worrying About Money & Quit My Job by Mr. 1500 with Budgets Are Sexy

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.51.3K Ratings

🗓️ 30 August 2017

⏱️ 8 minutes

🧾️ Download transcript

Summary

Guest author Mr. 1500 with Budgets Are Sexy shares how he learned to stop worrying about money and quit his job. Episode 393: How I Learned to Stop Worrying About Money & Quit My Job by Mr. 1500 with Budgets Are Sexy (Financial Independence). J. Money is a 6’1, hyperactive, rock a ‘hawk who loves drinking beer, blaring hip-hop, talking about money, and now playing with his two adorable baby boys. He tracked his expenses for 3 months, made a budget, read some books, and stumbled into personal finance blogging and idea sharing, randomly turning BudgetsAreSexy.com into his full time “real job” a few short years later--14 million views later! The original post is located here: http://www.budgetsaresexy.com/how-to-stop-worrying-about-money-and-quit-job Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is where I'm

0:02.0

393, how I learn to stop worrying about money

0:05.8

and quit my job by Mr. 1500 with Budgets are sexy.

0:10.6

And I am Dan, your host,

0:11.6

and this is where I read to you from some of the best blogs on personal finance.

0:15.0

Now let me tell you just a bit about today's author.

0:18.0

He's actually a new weekly contributor to Budgets Are Sexy.

0:21.0

That is Mr. 1500. His goal was to retire in 1500 days and you can

0:26.0

learn more about him and his story on his site, 1500 days.com, but you'll also

0:30.8

get some info about him in this post.

0:33.0

So with that let's get right to it as we optimize your life.

0:37.0

How I Learn to Stop Worrying and quit my job, my Mr. 1500 with Budgets are sexy.com.

0:47.0

I left my job about four months ago and haven't regretted it a bit.

0:52.0

My career didn't even last 20 years. I started my first real job in January of

0:56.9

1998 and my last day was April 13th of 2017. Leaving wasn't an easy decision. I have money security issues and I suffered

1:06.2

from an acute case of one more dollar syndrome, the first cousin of one more year syndrome.

1:11.4

When I started my journey to Financial Freedom way back on January 1st of 2013, I figured I would need about a million to quit, $40,000 per year per the 4% rule.

1:21.0

When I left, I had almost 1.4 million saved up and this didn't include 400,000 in home equity.

1:27.0

Despite the big nest egg, picking up the phone to tell my boss the bad news was one of the most difficult calls I've ever made.

1:34.8

Over four months later, I'm still adjusting, but life is pretty great.

1:39.2

How I learned to stop worrying about money and quit my job. The numbers part of retirement is easy.

1:44.8

Figure out your annual spending and stock away enough to last a lifetime.

...

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