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Optimal Finance Daily - Financial Independence and Money Advice

751: Getting Started #2 - The Higher Cause by Mr. Money Mustache on Minimalism & Simple Living

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 14 January 2019

⏱️ 9 minutes

🧾️ Download transcript

Summary

Mr. Money Mustache shares his thoughts on getting started. Episode 751: Getting Started #2 - The Higher Cause by Mr. Money Mustache on Minimalism & Simple Living Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2011/04/11/getting-started-2-the-higher-cause/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Are you ready for a Monzo Business Bank Account?

0:03.3

Heather from the Accounter's Growth Club was,

0:05.3

knowing what cash I have is really important and Monzo Business makes it easy.

0:09.8

It automatically puts 20% of my income into a tax pot.

0:14.0

When it's time to pay your VAT, I always know the money's there.

0:17.0

If you're ready for a Monzo business account, apply today.

0:20.0

Just search Monzo Business. Only sole traders or limited company directors in the UK can apply.

0:25.0

Get tax pots with Monzo Business Pro for £5 a month.

0:28.1

Tees and sees apply.

0:30.5

This is Optimal Finance Daily, Episode 751.

0:35.0

Getting Started Number 2, The Higher Cause

0:38.0

By Mr Money Mustache of Mr Money Mustache.com.

0:42.0

And I am Dan, your host, a happy Monday to you and welcome to a brand

0:46.0

new week of terrific content here on optimal finance daily. For now, let's get right to

0:51.2

our post as we optimize your life.

0:58.1

Getting started number two, the higher cause by Mr Money Mustache of Mr Money Mustache.com. The Realist thinks he has me pegged. He's right about the 1999 rei bookpacker plus backpack. But in his calm by the numbers approach he is missing a lot of the reasons

1:17.0

frugality is great. No, not just great, it's the only non-ridiculous lifestyle for the thinking person.

1:23.6

And this is because for many of the happily frugal,

1:26.0

there is a higher cause beyond just money.

1:29.0

There are many reasons why the act of going to a store

1:31.6

and buying yourself a new manufactured product should hurt a little

1:34.8

bit. And while we're all still going to do it, it should be done carefully and after some

...

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