Mr. Money Mustache did what many dreamed of: He retired when he was 30. Yet he's not what most people would call rich. Instead, he's just remarkably adept at living well below his means
The success of his eponymous blog has helped, but Mr. Money Mustache (he prefers not to give out his real name) mostly achieved his financial independence by living a lifestyle about 50% less expensive than his peers. By avoiding car loans and a high mortgage, and keeping spending down on clothes and restaurants, he and his wife managed to save $4,000 a month and later $7,000 a month. They ended up retiring with around $600,000 in the bank. Funneling that extra money into "very boring conservative Vanguard index funds and a rental house or two," the pair eventually had enough income from capital gains that they didn't need full-time jobs anymore. Read more...
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