Aug 31, 2012
All right, here’s a neat case study for you. A guy from Portland emailed me way back in May. He sent in a nice proposal for a case study, but I didn’t get around to writing it up until now. Now, the time has finally come. And when I got back in touch with him,…
There’s a big, hidden part to this job of being Mr. Money Mustache that you don’t get to see every day: the stream of really neat emails that seem to constantly arrive. These letters from readers are as interesting as they are varied. Some of them I read aloud to Mrs. Money Mustache, or to…
A couple of months ago, I was relaxing in the Mustache Lounge and an interesting email came in. It was from the editor of a major blog called MarksDailyApple.com, which I had heard of but never really followed. As it turns out, this guy was also an MMM reader and we had a great conversation…
Wow. Four thousand dollars a month. It was Automatic Money, rolling in like crazy with no effort on my part, absolutely no overhead, and it was remarkably reliable. Almost $1000 every week, $130 every day, or close to $50,000 a year, probably subject to exponential growth as well. And I just turned off this firehose…
Man, I sure lead a risky life these days. I’ve learned that I am on the bleeding edge of so many wild frontiers, it is a wonder that I’m still alive. When you add in the fact that I’m also in great health, happy and content with life, and I even still have all of…
One of the biggest objections we get from new readers around here goes something like this: “Yeah, I guess Mr. Money Mustache has a point. Spending less than you earn really is a good idea. Too bad he’s so hardcore, though. I’m not ready to cut back my own life to the bone like he…
Mustachianism has many facets. It’s a lifestyle and a fake religion all in one. And it is packed with an unlimited number of deep and interesting nuances, which is why you and I still have something to talk about after 13 months of this blog’s existence and 224 published articles. But if I had to…
When it comes to mortgage debt, I’m a man of contradictions. I’m a big fan of having the option of tapping your home equity to meet short-term cashflow needs, as I explained over a year ago in “Springy Debt instead of a Cash Cushion“. On the other hand, I’m also a fan of paying off your…
Many new readers have been asking me for car advice recently, and there have also been some useful discussions on the matter in the Money Mustache Forum. I find myself typing out the same list of recommendations over and over again, so I thought the best strategy would be to dig in, do some up-to-date…
Many of our reader case studies have profiled people who are earning an average income, and looking for ways to make the most of it. They want to pay off debts, support a family, and save for eventual financial independence. Today’s story comes from another side of the spectrum: a recent Harvard Law School graduate…
It has been a while since we ran an MMM challenge here at Mr. Money Mustache. The last one, where I instructed you to start getting your groceries with a bike trailer, was way back on October 20th. And even that one was a bit of a cheat for me, since I didn’t have to…
The other week while enjoying a day of catching giant fish on Lake Tahoe, I got another interesting question from a reader. I think this one is worth answering online, because the situation probably sounds familiar to many people. Hey MMM, I have a situation that only your level of badassery can cut through. Let’s get…
When you hear people talking about their cars, you usually hear ridiculous terms like “dealer”, “interest rate”, and “payment”. Mr. Money Mustache has already laid down the law on this issue in the past: You should never even spend all your money on a car, let alone more than all your money. So why does everyone…
Just a little internet video today, that Mrs. M. stumbled across. It’s a quick explanation for beginners on the life of gasoline before and after you use it for driving. The lesson is obvious for the more environmentally-minded folks, but I figured it is still worth sharing because the average US driver doesn’t think about…
The neat thing about blogging is that it feels like you get to travel the world and make appearances in newspapers and websites from every continent, all while in reality you are just occasionally sitting in your office typing some shit into the computer. These Internet Road Trips have been building up over the years and…
I’ve got a little secret for you. Between the frosty North Pole of Unemployment, where your bank account dwindles and your debts multiply while you sit at home and fidget nervously, and the Sweltering Jungle of Full Time Employment, where you wield a Firehose of cash but have absolutely no free time to do anything…
