When you did your curb with wood only, did you just waterproof it with the redguard? Your Money or Your Life is a wise book, and the authors were clearly motivated by what they saw was a pointless death march of society. There are still some finishing touches to add (including paint), but for the most part everything works now. I thought he just was comfortable living on less and was aware that there were infinitely possibilities of ways to live in our society; to trade your time for the things that you value seemed to be more important that using money to do this. Ditra is designed on the theory that a grout joint will ultimately fail and allow a very small amount of water through the joint and back to the drain. December 29, 2012, 3:44 pm. Why or why not? I bought the book for my sister and her husband probably ten years ago as a Christmas gift in a vain attempt to change some of their behavior. I double and triple checked to make sure the adjustable drain would still screw in. I did not get good ideas on how to reduce my expenditures more. :), Larry @ DividendIncomeInvesting I second the e-book idea. To keep things non-promotional, please use a real name or nickname(not Blogger @ My Blog Name). December 19, 2012, 6:01 am. I know this is a couple years old, but I came across this comment and clicked the link and it took me to adultfriendfinder.com, MyFiIntheSky Both my wife went back to school for advanced degrees years ago and have been fully employed since. Lindsey All the tools involved are shown too. Now I do and it feels great. The builder grade tile directly on paper thin ply and drywall held up *surprisingly* well. Here’s where one of the most significant differences pops up between YMOYL and MMM (and other modern takes on financial independence). For example, if a long commute with traffic causes stress, consider moving. If not, then I will save even harder until it no longer matters. Tile around it. He had actually been retired for six years before he started writing. The first one is the book that started me on my journey when I was around 21 years old. Used wood instead of cement for the curb, but otherwise very similar. July 9, 2015, 10:42 am. I like those opportunity fringe benefits. Then there’s other investments in multiple accounts (taxable, roth and traditional IRAs, 401ks, 529 plans)…, I’m not saying someone can’t keep all that in their head, but I certainly can’t. December 19, 2012, 5:03 am. I agree – I definitely don’t add my house in as an asset when looking at how much I need to retire. Can’t wait to do an oversized one in our master. September 2, 2013, 4:31 pm. I had a rental for a couple of years. Vicki now lives on an island near Seattle and travels very little — maybe this was in rjack’s video that she went on a travel “fast”. Holly@ClubThrifty GE Miller “To get rich on an average income, you need to have lower-than-average spending,” said Mr. Money Mustache, a personal finance expert. Hell, how long do you let it cure before removing the form? IMHO the biggest issue on showers like this is keeping the grout clean. My local Evergreen library has 6 copies and a six week wait list to get one. Everyone around you is wasting a ridiculously huge sum of money. My guilty pleasure is watching House Hunters with my wife, and mostly so I can watch the couples rattle off their “must-haves”: granite countertops, walk-in closet, blah blah blah. I literally just finished one in our rental and it looks great. Maybe he did love the path he’d chosen, but deep down every time I see something about this book it makes me wonder: Did he sacrifice too much? Mr. Money Mustache There’s always something new that I learn. This involves creating a wooden form and filling it with concrete. That will probably last much longer than the future owners of this house over the next 30 years will care to keep it. The key, however, is you should know exactly what you buy each day, and why you decide to buy it. 4.I dont put drain into center. And, as a side note, I had to laugh that you thought you had read the book but had actually never had- I’ve done that before, too! Thanks, Bruce Olson Available right next to regular bags of concrete in the store. The best example is the credit card: my wife and I both use the same credit card to purchase everything that doesn’t require cash. I can’t justify building another one of these things and having another flooding issue 10 years down the road. I have the older version of that saw and have easily laid 1000 sq. But Mustachians of course have other options, discussed below. Perhaps because you are so indoctrinated with the 80% part, that is not as amazing to you anymore. life energy is critical. Jesse & Mr.Money Mustache Pt 2: Your Debt is a Swarm of Killer Bees Covering Every Inch of Your Body ... And then step two is you attack the biggest categories without any preconceived stuff. December 24, 2012, 9:21 am. Great how to and ready to tear out our molded plastic shower booth. Hi there MMM, Take a look around. So it’s not surprising to hear you say that a nice shower can up your home’s value $10k. good spot – so its not ply at all, learning the US DIY terminology here – hardibacker and kerdi-boards, great stuff. I thought it was a guest post at first. Our shower is about 30 percent wall and the rest is (plastic) window. Will need to pay for the concrete work (bad back and I’m 74 years old). Pop Putting in a garden door? December 20, 2012, 1:07 pm. The New Roadmap Foundation mentioned in this post hosts the Simple Living Forum where individuals discuss concepts found in YMOYL and around living more simply in general (according to each’s definition). Beautiful! Thank you for the great and inspiring article! December 19, 2012, 4:52 pm. Mr. Money Mustache December 27, 2012, 11:23 pm I think the rubber boots with built-in metal clamps (and a stainless steel corrugated reinforcing sleeve) are the way to go. Thank you very much for sharing your method. 4: Three Questions that will Supposedly Transform your Life: I read YMoYL about 15 years ago, and it really changed my thinking about spending and consumption. the personal shower looks like it could be plasterboard! How did you treat rental income from an investment property? Do you just inset the drain lower than the tile and even with the barrier? February 25, 2013, 8:22 am. Sometimes I don’t buy something just because I want to see this year’s final tally be lower than last year’s total in the same category. The personal accounting stuff in YMOYL allows you to calculate your own personal inflation (or deflation) year on year. You can even get married and have children and buy a castle at the end. It strikes me that MMM is frugal, while Joe was cheap. (248 hours). @Anil @ I have also tried Mint.com, which I like, but prefer a spreadsheet due to its simplicity. And today I will show you how to make one. Classis YMOYL…, yes its a great book on the lifestyle/philosophy side but largely useless on the investing side. I loved YMOYL when I first read it in 2000. I’ll have to head to the library. December 23, 2012, 4:14 pm. In the example above, the $50k earner ends up bringing home only $8.06 for each hour spent in activities directly related to the job. Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018. To start optimizing your money, Mr. Money Mustache suggests that you look at your day to day life when it's not a vacation or the weekend. Bought it off amazon for me and friends. Redgard. Go ahead and click on any titles that intrigue you, and I hope to see you around here more often. As simple as this is, I had never thought about it before reading the book. I kept over $2.3 million, including my home which I own free and clear. I just completed the concrete pan on my own shower. Also, some areas may have a tool library where you can borrow tools…..doesn’t hurt to look because the cost of tools can add up. Squeakywheel I have never heard of this book. He died so young, seemingly never married or had children, and my guess was that he was an only child. The whole thing cost less than $400 total in materials and it is the nicest shower in our house. Joe Dominguez has been dead for 15 years. The bad news is that we went through some pretty shitty decades since then, when measured by the spread of the very consumer disease the book was fighting against. Yet, it made me think completely differently about and money that I spent. Absolutely none of it was even remotely familiar. You’ve got to be highly motivated and driven to your goal of financial success. Nowadays, even an untrained individual can sit on the couch and type some shit into the computer, and it can reach a wider audience than a successful book might have in the past. And MMM version of FI is only one possible outcome for someone who reads the book– it allows for different versions of “enough”. Imagine if he had been on the standard retirement path — he never would have gotten there. Mr. Money Mustache Pop I would put a bead of caulk between the gap so that the Redgard would be able to make a solid transition from pan to wall. Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018 [Robin, Vicki, Dominguez, Joe, Mr. Money Mustache] on Amazon.com. And we can help you with the planning part. I had no choice but to create my own concrete shower base because I was making a non-standard size shower floor. December 28, 2012, 10:32 pm. I would agree that CPI has probably grow disproportionally to what *I* consume, but I cannot believe it simply will not be a factor. Wow, what took you so long to find this book? Keep a table of all income and all spending for each month, break it into categories, and convert the figures into “hours of life energy spent”. December 19, 2012, 9:56 am. When I graduated from high school, my grandparents gave me a copy of this book. The good news is, the Internet happened. The memories will be priceless.] My own shower in Colorado only needs cleaning every few months, because of the sealed grout, plus it dries quickly after use, and the dry air there causes fast evaporation. Dear Mr. Money Moustache, The exercise on life energy is so eye opening and especially great for tailoring a budget to your own values which is not as restrictive as using a standard template so in some ways I think it helps keep you motivated. I think everyone interested in early retirement should give it a read. But my question is what climate did he use this process in? IMO, YMOYL is one of the greatest books on personal finance and financial independence ever written. Mr. Also at such a low earning level, he probably never paid income taxes and little property taxes after becoming FI. Ooh, ahh.. looks cozy, doesn’t it? I retired at age 47 after 20 years in corporate life. Just to be clear – I still plan for inflation and make sure income keeps up with it. Reference a good tile book, “Tile Your World” by John Bridge. Many things have changed in the 20 years since that book was written (including the birth of the Internet, the death of Interest rates, and great changes in consumer products and housing). Happy Christmas to Mr MMM and family. Lastly, their search of the crossover point, I feel that in light of recent developments(2000 recession, 2008 financial crisis) as well as the falling of the American star, as well as structural changes to employment that will only get worse as robots and A.I. Currently there is a moldy shower that a previous owner dragged home from one of the big box stores. Usually there will be a raised “curb” at the edge, and a nice tile or stone surface above the concrete. Poor Widow Susan Alex | Perfecting Dad For most people, this yields an unpleasant surprise.. but it’s okay, for there is no sense beating yourself up over past mistakes. About $200,000 over the last 8 years. Reinforce concrete with rebars and mesh. August 6, 2013, 9:26 pm, Just found this fabulous site. At the rate the fed is printing dollars, inflation will raise its ugly head. With only 6 years in the workforce so far (most of which has been completely tracked by mint), I feel a monthly spreadsheet coming on with this one… This is sure to be interesting. December 19, 2012, 7:54 pm. Really awesome. Before I do this I put extra pieces of 3×4 to bottom and top of 2x4s and screw them to bottom and side of 2×4.after I put sideway 2×4 I put extra crossmembers 2×4 or 2×6. Any tips on joining a new PVC drain system to the old cast iron? Not sure what all of the hype is about. This waterproof coating idea is very interesting, and I will definitely consider using it on my next shower project. Is there a reason you ignored this? I am in the final days of competing my shower remodel and your method was the one of choice. I listened to an audio tape from her too. Mr. Money Mustache Honest Bob I am going to try it. If the total spending seems to be rising I go back and record everything for a while. Then go over it with a rag (that also hangs under the showerhead) to get water off of the grout and the fixtures. Chapters 6 and 9 are both completely different. This is when your passive income from investments equals your expenses. The most useful comments are those written with the goal of learning from or helping out other readers – after reading the whole article and all the earlier comments. Here is one of them: The blog was born when he looked around at his friends who had good jobs but were still living paycheck to paycheck. The book explains everything very well. 10. Once you add that savings into your chart you see that your networth is actually much greater, even as much as it can be reduced by long commutes, etc. (more, less, same). Quotes for a custom longer, narrower shower are way out of my price range. Research Value, Quality, Durability, Multiple Use and Price Frugal, perceptive early retirees are minimally impacted by either. YMOYL was the 1st FI book I read, and put my misguided/unstructured financial intentions/goals on the right path…too bad it wasn’t earlier:). Started by MissPeach. December 31, 2012, 1:31 pm. I read that book years ago; I’m sure that it seems dated by now. No water penetration that I can tell, and it’s been a month. Solid reinforced concrete with a layer of plastic waterproofing under grouted stones? Yes, do not even look at expensive stuff membranes as Schulter etc. Im wondering what type drain you used here.. Im about to do a shower this way and from what I can tell about the drain I have, just a home depot drain, I wont be able to screw the drain down enough to meet the tile. Kindle Edition $9.63 $ 9. Cars turned into personal trucks, commutes grew, suburbs sprawled, and China joined the party, building a communist copy of the Great American Smokestack, flooding their own country with asphalt and ours with cheap manufactured goods. So that’s where we are now – trying to get back to tracking. December 27, 2012, 11:23 pm. :), ShavenLlama 2x4s twists. Complaints and insults generally won’t make the cut here, but by all means write them on your own blog! This is one of the core concepts in Performance Leadership. I never thought of Joe as cheap. But if you are a beginner who still wrangles with optional luxury purchases while still in debt, the kitchen wall is a good idea. YMOYL focuses a lot on how the journey to FI enables you to live a life more in tune with your values. I searched, but have only found others (some even mentioning your method) looking for the same answer. Actually, I had to build the new kitchen and bathroom using standard wood floor framing (using treated wood) above an open dirt area because the carport slab didn’t extend all the way to the existing space. December 21, 2012, 5:36 am. Rotted framing even behind CBU. They lived communally (remember the 70’s though, you couldn’t say those things — sounds like communism!) I might be able to get away not tracking all my finances to the penny if my financial picture was extremely simplistic, but I have far too much going on to keep it all straight in my head. As you mentioned, people don’t want to save up enough to be able to live off 30-year bonds anymore, though it worked perfectly for Joe Dominguez. If it was a Super Walmart I would be in heaven to have such quick delivery service! All Rights Reserved |, High Cost of Living – it’s a State of Mind, How to Make a Relatively Sweet Shower – Cheap, Poisoned Just Enough: Why I’m so Optimistic About 2021, Two Years Without Health Insurance (and What I’m Doing Now), The Man Who Retired at 27: Why You Should Consider House-Hacking. Millionaire next Door his financial philosophy: Avoid waste grout, to seep into the drain under the and... Grocery items own feelings though about it before reading the book: http: //uncommonlybrilliant.blogspot.com/2012/11/nathan-pritikin.html, home! For that substitution and therefore the final days of competing my shower remodel your. We never had to wonder what our expenses were or how we were very fortunate inheritances... One a window, although it does help in the World most FI literature. Size shower floor — living Beautifully on $ 25-27K per year ( Repost ) your Money of your drain be... 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