So I am new to Mr Money Mustache, i bought myself YNAB in august because I wanted to start saving more than I already was and I heard good things about the program. This past month, as I was reading many different budgeting articles, I stumbled upon Mr. Money Mustache website and I love it. Now, will i become like Mr Money Mustache and save 70%+ or more of my income, I highly doubt it. But this website, the blog and the forum has convinced me I shouldn't follow anyone else's footsteps, but simply realise that life is not just about traveling and competing with family or friends on how to appear on the outside.
i like my job, so my whole journey is not to save as much money so that I can retire very early, however my goal is to save as much so that I can one day move out of my parents home and also have enough money to not even think about money anymore. Luckily I have no debts at this moments, but I am not saving as much as I should either (about 15%). However, october will be the first month I am going Mustachian...not as hardcore as some people here in this forum, but I managed to budget for 40% savings, which is a personal record for me. November will be a 3 paycheck month, so I will be also upping my savings to around 60% hopefully, but will see when I get there. So wish me luck for october :) I am going from a decent 15% savings to a whopping (for me that is) 40%. It won't be easy, but I gotta try it.
In the past, I would simply spend money on clothes, sporting events, car, travel...now I cut most of those, I will be starting to take the bus to work (it comes to 75$ a month, which is much cheaper than my car which would cost me 150-200$ a month and that is when everything was fine), I abandonned my season tickets for my home team (wasted money due to the fact I couldn't go see all the games), put a 50$ budget/month on clothes instead of spending it without having thought, as for the travel...I will reduce it from 1 trip a year to 1 trip everytime I hit a milestone (for example, I would like to take my next trip when my networth hits 100K$ which is in 2 years maybe) when it comes to my net worth. I also abandonned my Iphone cell plan with Rogers which was costing me 70$/month, I opted instead to Public Mobile, the plan is 20$/month and I get unlimited minutes on it, so that saves me 50$/month or 600$/year.
So everyone wish me luck :)