Scott Rickens and his family dramatically changed their lifestyle after being inspired by this financial blogger known for his frugality and early retirement.
Mr. Money Mustache
10
In the film, the Rickens family moves from the expensive city of San Diego to this more affordable city in the Pacific Northwest.
Bend, Oregon
15
According to the documentary, most Americans live paycheck to paycheck, even those with these types of color themed high-paying careers.
white-collar jobs
20
The documentary emphasizes saving this percentage or more of your income to accelerate financial independence.
50%
10
To lower their expenses, the Rickens family sold this luxury item.
BMW (luxury car)
5
The film promotes this type of low-cost investment, often linked to entire markets like the S&P 500.
index fund
25
This “safe withdrawal rate” is the percentage of your portfolio F.I.R.E. advocates say you can safely withdraw annually in retirement.
3-4%
15
Scott Rickens was inspired to rethink his life after realizing he was trading money/status/stuff for this.
Time
15
Scott Rickens implemented this "life hack" to cut down his breakfast costs.
Buying/Cooking in Bulk
10
Your F.I. number is calculated by multiplying this by 25.
Annual Expenses
25
The documentary states that nearly 8 in 10 Americans live with this financial vulnerability.
living paycheck to paycheck
25
The film opens with this shocking number: Americans hold over $1 trillion in this type of consumer debt.
credit card debt
20
According to the film, over 60% of Americans don’t have enough savings to cover this type of emergency expense.
$1,000 emergency
15
45% of Americans reportedly have no money saved for this, according to the film’s intro.