Episode 2931

2931: [Part 1] You Don’t Have to Make $100,000 a Year to Retire Early by Mrs. 1500 of 1500 Days on Frugality

Drawing from her own experience of living frugally, she offers practical tips

Optimal Finance Daily - Financial Independence and Money Advice · Optimal Living Daily | Diania Merriam

November 10, 202412m 46s

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Show Notes

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Episode 2931:

Mrs. 1500 from 1500Days.com shares her thoughts on early retirement, emphasizing that you don’t need to earn a six-figure salary to achieve it. Drawing from her own experience of living frugally, she offers practical tips, such as renting out spare rooms, maintaining a budget car, and delaying major expenses like children, all while finding joy in a simpler lifestyle.

Read along with the original article(s) here: https://www.1500days.com/you-dont-have-to-make-100000-a-year-to-retire-early/

Quotes to ponder:

"Anyone can stir things together in a bowl. Take a day to make up a bunch of breakfast sandwiches and put them in the freezer so you don’t have to stop at the drive-thru on the way to work because you woke up late."

"Delay having children until you can afford them. Now I understand surprises happen, but there are ways to avoid these surprises."

"Don’t attend weddings for people you don’t believe will stay together."

Episode references:

Retire by 40: https://retireby40.org

Mr. Money Mustache: https://www.mrmoneymustache.com

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