4 ms·

He publishes his family's spending every year: http://www.mrmoneymustache.com/2015/01/16/exposed-the-mmm-familys-2014-spending/ http://www.mrmoneymustache.com/2

• branchless 11y ago
  That's not his income. I see his mortgage / rent is zero. So if we all had no mortgage/rent to pay MMM would see his income fall as he has rental properties. I'm sure many families renting would love to "build stuff out of wood" but most have to have both parents working to pay the rent and bills. If only they had no mortgage. Still it's tough what with all the speculators in the market feeding off basic human needs so back to work for them.
  • Vraxx 11y ago
    Well if everyone buys property and owns it I think he could find enough demand for property to be able to sell his property and invest it in something else with returns.
• Avshalom 11y ago
  right 25 grand--no house or car payment because he was in the right jobs at the right time and could afford to buy most families' largest expenses outright (over 50% of income between the two)--and he still managed to spend the entire pre-tax income of about 30% of american households.
  • zardo 11y ago
    Well he doesn't claim to live frugally, he claims to live an over the top lifestyle of fabulous wealth and luxury.
  • OrwellianChild 11y ago
    I can't tell anymore whether it's okay by you for people to make money, buy property, or otherwise be better off than anyone else... The man worked, earned money, and bought things with it. Not everyone has these opportunities, true. He got lucky. None of this comes to bear on his present situation. Regardless of whether he has rental income, MMM's managed to whittle his spending down to a level affordable by the median household income in the U.S. On that merit alone, I consider his advice worth listening to (if not taken with a grain of salt to my own personal circumstances).