Mr. Money Mustache takes on the argument that everyone being frugal would crash the economy.
Episode 269: What If Everyone Became Frugal by Mr. Money Mustache of MrMoneyMustache.com (Does Minimalism Hurt the Economy).
Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure.
He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s.
Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two.
The original post is located here: http://www.mrmoneymustache.com/2012/04/09/what-if-everyone-became-frugal
Visit Me Online at OLDPodcast.com
Learn more about your ad choices. Visit megaphone.fm/adchoices