Mr. Money Mustache (okay, that’s his pen name) retired at 30. How? he and his family don’t over-consume and aren’t wasteful. And they are happy:
To hundreds of thousands of devotees, he is Mister Money Mustache. And he is here to tell you that early retirement doesn’t only happen to Powerball winners and those who luck into a big inheritance. He and his wife retired from middle-income jobs before they had their son. Exasperated, as he puts it, by “a barrage of skeptical questions from high-income peers who could still use a debt advice service years after we were free from work,” he created a no-nonsense personal finance blog and started spilling his secrets. I was eager to know more. He is Pete (just Pete, for the sake of his family’s privacy). He lives in Longmont, Colo. He is ridiculously happy. And he’s sure his life could be yours.
Read the interview with Mr. Money Mustache (how could you resist advice from a guy who calls himself that?).
I know a guy who does oddjobs, plays bagpipes at Renaissance festivals, sleeps under his pickup, and lives on $10,000 a year. It can be done. The “American Dream” you see pitched on TV is all about getting you to buy lots of stuff. It is not the only path (and in fact it is a path with serious pitfalls).