Mr. Money Mustache (@mrmoneymustache — Pete Adeney in real life) grew up in Canada in a family of mostly eccentric musicians. He graduated with a degree in computer engineering in the 1990s and worked in various tech companies before retiring at age 30. Pete, his wife, and their now eleven-year-old son live near Boulder, Colorado, and have not had real jobs since 2005.

This begs the question of “How?” In essence, they accomplished this early retirement by optimizing all aspects of their lifestyle for maximal fun at minimal expense, and by using basic index-fund investing. Their average annual expenses total a mere $25-27,000, and they do not feel in want of anything.

This episode explores his story, philosophies, and routines.

Intro [00:00]
Pete's typical trip to the grocery store [06:28]
His family's average annual expenses [07:52]
When Pete realized he had such a devoted fan base [08:39]
Is Pete a cult leader? [11:17]
What are the tenets of Mustachianism? [12:30]
On retiring at age 30 [13:49]
Why you only need 25x your annual spending to retire forever [14:51]
Why most people who retire early still work—by choice [17:28]
Common misconceptions about Pete’s message [18:42]
What did Pete have for breakfast? [21:08]
Happiness—it's not what you think. [22:04]
Spending for the present vs. investing for your future [24:33]
Influential and recommended books [28:19]
The man behind the Mustache [35:05]
As a native Canadian, why does Pete choose to live in the United States? [36:54]
Pete responds to his New Yorker profile [39:15]
On saving time and deciding which resources are worth consuming [40:50]
What happens to the surplus money Pete saves? [44:53]
The questions Pete asks himself when making a purchasing decision [46:33]
A recent happiness-boosting expenditure [49:01]
We agree with Kevin Kelly about the rewards of manual labor [50:54]
Financial impact of parenting [55:03]
Pete and his wife pay their son for each mile he rides his bike (with interest). [57:24]
Recommended resources for investing and personal finance [59:49]
Who comes to mind when Pete hears the word “successful"? [1:11:38]
Luxuries Pete’s family enjoys. [1:15:16]
Favorite documentaries and movies [1:17:36]
If Pete gave a TED Talk on something for which he’s not known [1:18:43]
Pete’s exercise regimen look like [1:20:01]
Bad frugal/financial advice heard most often [1:23:01]
Favorite failure [1:25:31]
Without donating or investing it, how would Pete selfishly spend $100,000? [1:32:35]
What would Pete’s billboard say? [1:34:45]
Pete’s biggest challenge at the moment [1:36:12]
In the last few years, is there anything Pete has significantly changed his mind about? [1:40:43]
Parting thoughts and a request to try voluntary hardship. [1:42:03]

Connect with Mr. Money Mustache:
Like Mr. Money Mustache on Facebook:   / mrmoneymustache  
Follow Mr. Money Mustache on Twitter:   / mrmoneymustache  
Follow Mr. Money Mustache on Instagram:   / mrmoneymustache  

Mr. Money Mustache — Living Beautifully on $25-27K Per Year
Show Notes: http://tim.blog/2017/02/13/mr-money-m...

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About Tim Ferriss:
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 200 million downloads and been selected for “Best of iTunes” three years running.

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