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Episode 3681:
Mr. Money Mustache watches the documentary No Impact Man and finds the interesting part is not the extreme lifestyle rules but the journey the family takes from feeling deprived to preferring the new life. He notes that the film skips the money angle entirely, even though the family went from spending both salaries to saving one of them outright. His own point is that you do not need a no-impact life to see the benefit, since modest attention to the details already cuts consumption dramatically.
Read along with the original article(s) here: https://www.mrmoneymustache.com/2011/11/01/mr-money-mustache-vs-no-impact-man/
Quotes to ponder:
"They became better parents. They became happier, and noticeably healthier as well."
"We still have everything we want and need and more, but it all adds up to only 25% of what most of our wealthy neighbors are spending per year."
"Even by just paying a tiny bit of attention to the details, I find that you can have the whole middle-class lifestyle with well under a third of the standard US level of consumption."
Optimal Finance Daily is a daily personal finance podcast where we narrate the best articles on financial independence, investing, saving money, and money management, read to you by a professional narrator so you can grow your wealth a little more every day.
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