This article isn’t about what you probably think it’s about. It’s about me…growing my mustache. Well, my “money mustache,” that is. You know—becoming a mustachian!
Towards the latter half of 2012 my now-husband (but at the time, boyfriend) started reading the afore-linked blog and it turned out to be one of the driving forces behind us getting hitched. Actually, it initially resulted in a highly unanticipated and, in my opinion, unwelcome turn in my husband—a total 180, as a matter of fact—with respect to money, and therefore lifestyle. I was not okay with this sudden and complete turnaround in his life perspective. You see, he used to be one of those people that thought things like, “what’s the point in saving all of your money for retirement if by the time you’re able to enjoy your money, you’re too old to do all the things you would have wanted?,” and “I understand wanting to save, but if it’s going to come at the cost of enjoying the present and having fun while you’re young, then really what’s the point?” I liked this philosophy. I agreed with this philosophy. But as I said— total 180. And if I wasn’t willing to do a 180 in the same direction, well then… I would be heading in the opposite direction, now, wouldn’t I? This was either going to mean the end of us as we knew it, or the beginning of a life-long [financial] commitment…
Mr. Money Mustache is the mustachian— the originator of this newfound ideology that my husband found so appealing—he’s “the freaky financial magician who retired along with a lovely wife at age 30 in order to start a family, as well as start living a great life.” How did he do this? Well, I suppose it all starts with recognizing the “Exploding Volcano of Wastefulness” that is the average consumer’s lifestyle. (He really has a way with words doesn’t he?) But that, of course, merely scratches the surface of his ideology and money management stratagems. Honestly, I’m not going to go into detail about all the financial strategy required for this kind of early retirement, but if your interest is piqued, and you think you may want to pursue just such a goal—click on either of the hyperlinks above and read his blog. I highly recommend it. I, however, was not so easily convinced when my husband first brought this plan to me…
The Deal: There would be no spending beyond basic needs such as:
- car insurance
- phone bill
- cable (only because we were in a contract)
- food (and even there, there would be serious budgeting)
When he said he would even be eating less meat, and trying to eat more vegetarian, I knew this shit was for real.
The Payoff: Retiring in 10 years, at the tender age of 40.*
*except—as he said—he would still work enough hours at his job for us to keep our insurance.
Well, it’s been a year now, and boy have we saved/invested/accrued A LOT. And I am finally—probably just now, to be honest—adjusting.
Surprisingly, I think the best part about this whole life plan/shift in lifestyle is just that: the shift in lifestyle. No more going out to eat means lots of delicious, carefully crafted home cooked meals. No more movie theatre dates means curling up on the couch with wine, cheese and crackers instead. We’ve traded in Starbucks drinks for homemade coffees (which we do quite expertly with our french press and milk-foaming gadget). And instead of spending money on sporting events or other costly outings, we go to the library, hiking with our dogs, have game nights, and I just so happen to have a membership to an awesome museum here in Oakland that I received as a gift, so that’s free too! Not to mention, of course, we both still have full time jobs and personal projects to keep us individually busy as well.
Growing my mustache is one of the best decisions I have ever made. Not only will it bring my partner and I closer to retirement at a young age while making life richer in the process, but ultimately, it rests on a lifestyle more in line with my feminist principles. Less spending equals less consumption, which equals less waste, which means simpler living, and more of what actually matters in life. La Pura Vida. And I am actually doing it.
Now I just need to learn how to ride a bicycle…