If somebody was looking for a great example of how to live lean, to truly be efficient in spending and maximize savings… we would not be it. Or at least, we wouldn’t be a good example today
It just takes a quick look at our detailed expenses to see that we are by no means a frugal household. We rent 5-star accommodations, eat out 2 to 3 times a day, and buy whatever we want whenever we want.
This is one reason that I find it a little humorous when the idea of early retirement gets some mainstream press, and people go nuts in the comments.
“Yeah, right. Like I’m going to live like I’m in poverty now, so I can save enough to allow me to live like I’m in poverty forever. No thanks. I’m going to work forever and live a little”
“Yeah, you can do that in Whereverville, but here in my high cost of living area it is impossible (turns on TV)”
Besides ignoring the effects of compound interest, or the value of time and freedom, this type of comment ignores the obvious. A person that lives well below their means can always choose to increase spending. A person that is already spending everything they earn has few options, in spending or in life
So I thought I would look back and see what we were spending while we were still accumulating, to see what 10 years of “living like we were in poverty” in a “high cost of living area” looked like