What Is Mr Money Mustache Net Worth
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Money Mustache (not his real name) is a former engineer who retired at age 30. He didn’t win the lottery or sell a company for billions of dollars. He simple lived far below his means, invested in index funds, and when he accumulated enough wealth to the point where he could live off the his returns indefinitely, he retired to Colorado.
The noted penny-pinching guru dubbed Mr. Money Mustache announced on New Year’s Eve that he and his wife have divorced, writing in a blog post that they only spent $265 on the entire process.

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In my previous post, I confessed that my family spent nearly $17,000 on groceries in 2016. We were shocked by that amount. In our heads we weren’t spending that much, but once we analyzed the data….we’ll let’s just say….numbers don’t lie.

Your circumstances may be vastly different from mine or they may be similar. I don’t know. Should you dismiss what I shared about improving your grocery budget? That’s up to you. What I do know, is my own experience and how I used information from others – both similar and strikingly different from me.

First, I made the conscious decision not to quickly scroll by people that were not like me. I believe that everyone has a story and that everyone’s story can teach valuable lessons. Everyone is valuable. Everyone has something to bring to the table. Dismissing someone’s story would not help me grow, and I was seeking out growth, improvement in my life….at the moment I was seeking how to improve our financial ways and quickly!

Boy, did I find a variety of stories out there! People with various levels of income, people from all over the world, people with a wide variety of strategies and philosophies. Messages of earning more, saving more, investing, spinned in my head.

Two of the stories I found, that intrigued me and drew me in were the stories of Dave Ramsey and Mr. Money Mustache. Am I like them? – mostly no. Do I believe in everything they have to offer? – not really. Yet, these two people challenged me to see beyond our differences. What was beyond the surface of their stories? What could I take away from their stories and make part of my life?

What Is Mr Money Mustache Net Worth

I believe emulating the positive behaviors, attitudes and habits of others who are successful in their own lives leads to success in your own. These people have figured something out for themselves and there is something that can be learned from them. You may not, and likely won’t, be able to do exactly what they do…we are all unique creatures…but there are adjustments we can make to fit our own unique circumstances. Dave Ramsey and Mr. Money Mustache had graciously shared their stories and I wasn’t going to miss the opportunity to learn from them. And besides, they were hugely entertaining, inspiring and both had personas larger than life!

Before I go any further…a brief synopsis of each of their stories.

A money guru, author of several best selling books – including The Total Money Makeover, radio host of The Dave Ramsey Show and owner of the ever growing self help empire (Ramsey Solutions) – Dave Ramsey is trying to motivate you to change your poor money habits and walk the Baby Steps (his steps to get out of debt and build wealth) with him. His business began after he invested in real estate using debt, lost millions, damaged his relationship with his wife and swore to learn from his mistakes. Now he shares his story and the story of his followers to encourage you to change yours.

You can lean more about Dave’s story on his site.

Mr. Money Mustache (don’t you love the name) is in his forties, retired early (part of the FIRE movement…probably considered the father of it) by saving roughly half of his and his wife’s tech salaries for a number of years. He lives in Colorado, is recently divorced, has one son, and believes biking everywhere is key to becoming and staying FIRE (Financially Independence Retire Early). His blog was born out of frustration that the middle class around him was constantly complaining about,having no money, while continuing to spend money without thinking about the consequences of their choices. Mr. Money Mustache spends his time enjoying his community, spreading the word about FIRE and working on projects (building and otherwise) he loves and enjoys. Hats off to him!

You can check Mr. Money Mustache out on his blog.

So, what did I take away from each of their stories?

Although I respect Dave Ramsey’s story and what he is trying to do to change people’s lives. I don’t agree with all of Dave Ramsey’s advice. For strict Dave Ramsey followers, I can hear the gasps now. There are three major “flaws” to his program (in my humble opinion). First off, he advises his followers to save $1,000 for a starter emergency fund in his Baby Step 1. A thousand dollars is nothing these days. In addition, Dave is completely against having a credit card in any way, shape or form – no exceptions. He doesn’t believe they are necessary and also believes that people cannot use them responsibly. Finally, Dave teaches people to not care or worry about their credit score. He feels that a credit score is an “I love debt score” and states it emphatically on his show.

Did I ignore him completely? No! Instead, I tweaked his Baby Steps…sometimes referred as doing “Dave-ish.” We decided to keep a larger amount in our emergency fund – something my husband and I were both comfortable with. We kept our credit cards and vowed to use them responsibly. Although, I wish our world did not revolve around a credit score, and I don’t believe in carrying debt. It is something I think is, and is increasingly, an important part of one’s financial well being. I choose to use debt responsibly, paying off the balances on our credit cards each month. Increasingly, outside entities are using our credit scores that ultimately can have a significant impact on our lives. Do we get the job, the house? I choose to care about and maintain my credit score – I don’t know when I’ll need it or how it will be used by outside entities in the future.

Then, there’s Mr. Money Mustache’s story. In my view, he is much more extreme when compared to Dave Ramsey. He bikes everywhere and I believe he recently gave up his car. His eating habits are extremely disciplined. And unlike me, he is extremely handy – building a studio in his backyard and an office share place nearby. Yet, I took a deeper look into his story.

What could Mr. Money Mustache’s story offer me? I challenged myself. Biking everywhere, where I currently live (and don’t want to stray from), would be darn near impossible, even by Mr. Money Mustache’s standards. But, I can bike some places and I can consider buying a lower cost, more fuel efficient car in the future. I can’t eat like him (although I wish I could be more disciplined with my eating). But, I can focus on eating healthy whole foods that support my body. Lastly, I can’t even fathom being as handy as him. But I can, work at being a DIYer by watching YouTube videos on how to fix simple things and I can do things around the house that save my family money. I chose to turn my can’ts into cans.

Looking back at our journey, the last few years, I realize that I don’t find Dave Ramsey or Mr. Money Mustache as extreme or radical as I did when I first learned their stories. My mindset has changed and continues to change. I think we’re moving in the right direction…

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Do you seek after people that are successful in the areas of your life you want to be successful in? Do you dismiss the stories of those that aren’t like you? Are you ready to see

Mr Money Mustache Real Name