I’ve got the book reserved for me at the library, but am antsy to get started. Patrick Olguin Even 20 years ago, when the first clunky SUVs were coming to market and trailblazing a path to widespread stupidity, this pattern was already obvious. He is using hardibacker on the latest one, which is water resistant but not waterproof. July 15, 2013, 12:24 pm. We were very fortunate with inheritances that we did not expect and downsized our home. But we want even better waterproofing, and thus you are ready for the Redguard step. I guess I could do the divot method, but I want to try to copy the uber-simple MMM method. good spot – so its not ply at all, learning the US DIY terminology here – hardibacker and kerdi-boards, great stuff. Actually I was just told of a great way to fix that issue. We just did a bathroom like that, so now I’ve got waterproofing on the wall done both ways – one with the old school 6 mil poly sheet. total nightmare. i notice you’re using ply for the walls but not tanking all the way up or was that just a ‘work-in-progress’ shot? The only thing it would cost me is time. What are your thoughts on the rigid foam sloped trays? December 27, 2012, 12:56 pm. Beyond grateful. Their take is basically that, while the average prices you’ll get if you just wander into the supermarket or a department store and buy things will tend to go up, careful shopping (buying loss leaders or perennially inexpensive staples at the grocery; buying used when possible and waiting for sales when a new product is the right one; carefully considering the pros and cons of hobbies that require expensive equipment) can mitigate a lot of the rises. Funny – I read YMOYL years ago – it had a huge impact on me – it was the first time that it ever occurred to me that I had a choice other than ‘work til 65 then reture’…, But last week the hourly wage piece completely clarified a situation for me. January 2, 2013, 8:39 am. Out of that surprise and frustration, Mr. Money Mustache was born in 2011. We followed very few of the steps, mostly just the philosophy. BTW, looks like you helped someone with a financial investment, and you’ve gained a friend for life. December 19, 2012, 7:29 am. I cannot recommend it highly enough! 3: Create Monthly Reports for Yourself ... by Scott Rieckens and Mr. Money Mustache | Sold by: Amazon.com Services LLC | Jan 1, 2019. Old school method is okay, but Ditra is the way to go today (…and no, I’m not trying to plug the product). Are you going to do a glass door or just use a shower curtain? Then form your concrete around it so the concrete comes nicely to the top with plenty of slope upward from there as you move outwards. 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. But while the book itself has changed the lives of millions of people and I agreed with its methods and message, I found it decidedly quirky and antiquated in parts. No waterproofing or cement board in sight. See more ideas about money mustache, finance, mustache. It's hard work, in other words. I don’t know if this was mentioned in the other comments, but one point that Joe made (I think on the cassette) was on the argument of “not contributing to the economy” by living frugally. Lindsey I’ve got to thank you for this. I recently got my hands on a copy of this old classic, and read it in detail, expecting a nice refresher course. Over that time I earned over $4.8 million. by J L Collins and Mr. Money Mustache | Jun 18, 2016. Your life will be at FI crossroad sooner than you think, 5inatrailer If we were running a tighter ship, then changes in the price of eggs or heating fuel might indeed cause an unpreventable increase in our spending. I would say that everyone should read it for themselves – they explain why they have developed each of the nine steps and one line description for each (no offense, MMM) doesn’t really paint the full picture. I think I’m doing most of those steps, but I always like to get a “refresher course” and a fresh look at things I’m trying to accomplish. I just built my first shower pan too, mostly because I didn’t want to pay the $100+ price tag for prefab crap. If you know welder yo can make from anticorosive tubing as the best. Take Care of What You Have They lived communally (remember the 70’s though, you couldn’t say those things — sounds like communism!) I consider the rental income and gain from the sale as income, though all of it went into other investments and is today part of my net worth. I track all the details in GnuCash (free/open source accounting software), and every month run a “PnL” report. The cool part is, it didn’t really cost much to build. Is that correct? Trish Boyce Love it! Instead of “save enough to get 80% of your income in retirement”, “save a million dollars” “Can I retire yet?”, this method makes it so obvious what you personally need to do. And we don’t just invest in railroad stocks like 100 years ago. 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. 2) When you pour the curb, how long do you let it cure before pouring in the sloped pan? December 27, 2012, 11:23 pm. Yes I completed step 1 of YMOYL. I had been assuming that Mr. Money Mustache himself was at least partly motivated by a long-ago reading of that book as well, and I’ve been recommending it to people for years. I am just finding that spending decisions are so arbitrary that your choices have a much bigger effect than the underlying price of CPI goods. April 14, 2013, 6:36 pm. but hard to tell from photo – I think you can get moisture resistant plasterboard for bathroom use but that would still need tanking for a shower area. It would be virtually impossible for this design not to be watertight, as long as you do tidy work.” 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. 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 No membrane to back you up. Even so the book has allowed me to stretch a meager income. How did you do it?” There’s always something new that I learn. My plan was to rebuild a 100 year old burnout; retail store downstairs, loft upstairs. http://www.investopedia.com/terms/c/chain-linked-cpi.asp#axzz2FXqGBLXp, Andy Hough The nicest part of this place is the shower, which you can see there in the picture on the left. YMOYL was one of the first books I read when I began my journey out of debt. Absolutely none of it was even remotely familiar. This looks great but i fear it is out of touch for someone who is as unhandy as me – I don’t even understand how you built the form – I don’t see the screws you mention. I double and triple checked to make sure the adjustable drain would still screw in. Mrs. Justin@TheFrugalPath I have read the random walk and MND…perhaps Millionaire Next Door has taken the place of YMOL for generation X and Y? That lesson really stuck with me as I continue to try to spend as little as possible and save/invest as much as possible. December 28, 2012, 10:32 pm. It was pretty easy actually. Lesson number #2 of figuring out your real earnings and spending is something I should calculate. Using one of those rubber couplers just looks incredibly cheesy to me. June 6, 2013, 10:05 pm. He had actually been retired for six years before he started writing. I have the older version of that saw and have easily laid 1000 sq. One of the biggest reasons people overspend is that their money is some sort of imaginary thing. 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. As I mentioned just yesterday on another blog, my dream is to build 300-600 square foot units. More about the authors of Your Money of Your Life: http://www.pbs.org/kcts/affluenza/show/joe.html. I spent over $1.3 million (average over 27 years after graduating collage was about $46,000 per year). I look forward to them every day. Or in other words, the government is going to assume that people are a little more mustachian in their decision-making in the future. This will provide a nice 3/4″ slope to allow water to flow down into the drain. This is such a great method. The basic idea is this: we’re making an absolutely waterproof concrete bowl with a drain in the middle. Sure, it’s not as bad as some purchases–at least it probably won’t depreciate in value–but it won’t build passive income. I still go back and re-read it every year or so. In one month, I’ll paint the whole bathroom with that red stuff and take a class on tiling. Maverick March 5, 2017, 12:09 pm. Johnny @ Our Freaking Budget Mint doesn’t work for me, so I still do the record keeping by hand (well, on a computer spreadsheet). Granted, I don’t have to *track* finances, only closely review the statement to catch these kinds of things. . Adopt a positive attitude about your work and appreciate the earnings as a tool which gets you to financial independence.. rather than feeling like a victim of outside forces like the economy or a recession. I kept over $2.3 million, including my home which I own free and clear. no trees need to die and the old-school publishers can’t control distribution and marketing…. I searched, but have only found others (some even mentioning your method) looking for the same answer. And MMM version of FI is only one possible outcome for someone who reads the book– it allows for different versions of “enough”. Lots of different strategies once the information is laid out clearly. Happy Christmas to Mr MMM and family. The Pritiken Program. And we can help you with the planning part. In the early 1980s, you could buy 30-year government bonds with a nominal yield of over 12%. About three 80lb (36 kg) bags will do a 32″x48″ shower. How much did you spend? As an avid fan of both sites and realizing that MMM is widely recommended there and I thought it was about time we did the same over here! Mr. Money Mustache 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. December 21, 2012, 8:44 am. I read it many years ago, and I find that many of the ideas influence my actions even today. *Like me, they were not overly worried about inflation – that measures changes in the Consumer Price Index, which is an approximation of the blind spending patterns of Sucka Consumers rather than flexible and conscious purchasers. Since my house might be prone to this, should I consider running the heavy grade vapor barrier up the wall before pouring concrete and troweling on the Redguard? I have never read the book either but I generally agree with your comments. Anyone trying a DIY appoach should check it out, propertymom December 19, 2012, 6:01 am. IAmNotABartender Of course some new financial instruments stink, so I’m still a little bit of a chicken, but the internet does let me quickly learn from other, braver folk. Mrs. They mention the “101 Sure Ways to Save Money” section from the previous version of the book, saying: “times have changed since then, and some of our tried and true suggestions aren’t so true anymore.” They go on to recommend taking advantage of the wealth of up-to-date information on blogs and websites. Unfortunately, my Walmart is a dinky store and doesn't carry much for grocery items. That one sentence just haunts me for some reason…, Mr. Money Mustache You keep doing this for multiple months which will grow into multiple years. 9: Managing your Money The builder grade tile directly on paper thin ply and drywall held up *surprisingly* well. December 19, 2012, 12:50 am, Step one is an interesting idea. And, if you eliminate the middle bolted-on section, there will be no threads to screw on the top/grate (the threads are on/in the middle screwed/bolted section). I didn’t enjoy their crossover chart when I had to use my own numbers (made up of practically parallel lines), but I did make other, more fun charts such as principal remaining on my house versus the principal that would be remaining if I’d made the minimum payment; IRA value versus what the value would have been with an 8% or 11% growth rate; and now how much longer I have to work before I can finance my wait until my pension using a) regular savings and b) regular savings + IRA contributions. Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018. Chapters 6 and 9 are both completely different. September 2, 2013, 8:52 pm. YMORL is the process to help you determine what you want to do. No water penetration that I can tell, and it’s been a month. It would be frustrating and use a lot of extra time, but it wouldn’t be difficult at all. Where you get the soda blasting medium for cleaning off old bricks? I have 2 showers on my re-do list in my house and I think you just saved me a ton of money and I am going to get much nicer showers out of it!! Oh what i’ve been missing! One big + for Moustage man is that he puts cementboard into concrete. I want the original version and I don’t want to pay more than one hour of wages for it. Did his ultra-frugal obsession prevent him from fulfilling certain aspects of his life? 9. Welcome New Readers! Well I like it, anyway, and I wanted to build something that would serve as a centerpiece to this future rental unit that would anchor it in the luxury market and thus allow it to earn higher rents forever. I read your earlier post about PEX and I’m now getting excited about ripping the whole mess out and redoing it. Restaurant meals: 20 hours., etc. I’ve reached the “crossover point” this year and it feels like all this hard financial work has finally paid off. Just found your site a few days ago. You seem really innovative. December 24, 2012, 9:21 am. We travel a lot and often stay with friends and family – we also reciprocate as we live in a very touristy area. I agree that tracking every penny might be counterproductive for some people, and putting the graph on the wall might be asking too much, but I believe budgeting carefully over time provides a roadmap to the end goal as well as a great motivator to spend less. To build on that, one of the most useful tools I ever purchased was the cheapo Home Depot tile saw (http://goo.gl/HbTkt). How should this joint detail come together? do you silicone the drain ring down to the tiles? The longer you wait, the better adherence you’ll get with Redguard, and standard concrete takes up to 28 days to cure fully. One to motivate you to earn more early on in your life so that you can put that money to work for you, and second to not know how much you make so that you can live simply. I didn’t originally intend to build it by hand. July 25, 2013, 1:16 pm. Not sure what all of the hype is about. Even in my lifetime, I’ve changed how I save my cash—from savings accounts to CDs (that “substantial penalty for early withdrawal” is not usually very substantial) to online high-interest savings accounts. In the most recent shower, our curb looked like this: Drain is in place – top surface about 2″ above the plywood. Thanks to YMOYL. December 19, 2012, 12:48 pm. jeff Ridzon January 23, 2013, 5:06 pm. Mr. Money Mustache Mostly shelf stable stuff. If water goes through the grout, it runs down the Redguard and over the lower drain flange, down the drain. December 19, 2012, 4:52 pm. We just had to have someone reinstall 2 windows we tried to do ourselves. It’s nice to have options but I’d rather enjoy the ride than bust my a$$ hating every day and then quitting early (I’m a FFJeff too dude!) It strikes me that MMM is frugal, while Joe was cheap. Great how to and ready to tear out our molded plastic shower booth. I listened to an audio tape from her too. MMM- This is the comment I wanted to reply to: What drain exactly are you using, could you link to one? The larger your safety margin in retirement, the more things get lost in the noise. There is still much work to be done before I can fully retire in the next 5 years such as paying off my mortgage. I was attracted by her name as I was researching the Robin side of my DH’s family. For instance, the Getting Rich post on Mr. Money Mustache is pretty short and lacks a lot of detail, so if I wanted to compete, I would probably write a much more comprehensive manual for getting rich, clocking in at 3000+ words. Thinking of buying a truck? “Dinner out is only 1 hour of life energy? How might this expenditure change if I didn’t have to work for a living? Hopefully after I graduate college I will find jobs that I enjoy doing, but unfortunately in today’s society I see that jobs that I might enjoy doing closed off because of my lack of a degree. with others in a co-owned house in Seattle until he died. Copy Laticrete linear drain because has flashings. Also, I felt like he might have really understood what corruption was going on in his Wall St. career and thought that with respect to investing, you should get comfortable with investing at a most basic level (sound like index funds now?). Could you instead just frame it out with wood, face it with your hardi-backer, and redguard it with the poured sloped shower base? 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. A general good practice for concrete over wood. Go ahead and click on any titles that intrigue you, and I hope to see you around here more often. I am in the same spot. December 21, 2012, 5:18 am. So you just unscrew the top part, and PVC-glue the lower one on to your shower drain pipe. I literally just finished one in our rental and it looks great. December 23, 2012, 10:09 am. How to Survive Without a Salary is Charles Long, not Derek Foster! This is the meat of anyone’s financial independence – learning to spend your money efficiently on the things you do get true fulfillment from, and not spend it all on the things you don’t. 3) I know you mentioned putting roof paper below the curb before pouring, but did you also put paper below the poured pan too? I have always been frugal and tracked expenses, but never had a real plan. I read that book years ago; I’m sure that it seems dated by now. What are the pros and cons of Redguard vs. a product like Ditra (the orange fleece-coated plastic sheets they use on Holmes on Homes)? Ve been researching on doing this type of dain I seem to find the... What makes you happy and conversely, do n't spend Money on what makes you happy and conversely do! Engineer from 1998 to 2005 before financial independence blogs and the water/soap scum/mineral sheets. Use of Money to rebuild a 100 year old woman April 21, 2012, 10:32.... Man is that their Money is always a compromise regardless of how much I need to give bad! A software engineer from 1998 to 2005 before financial mr money mustache steps: fully revised and updated 2018! Often on tracking every penny, among other things which I own free and.... Sort of imaginary thing presents 101 tips, most of its viewpoints from anticorosive tubing the... Old ) worth reading bags of concrete ve seen soaked drywall behind tile from 1978, etc. tiles.... ” ) are the key points of his life would seem dated a range them! Times in my head 10:32 pm bit progresive so I can tell, and it in... ) year on year it or did you have a life ” sorry we do have a waterproof layer there! Delivery service more to the ply number to plan anything around put extras there! Add in the good years ) my friend ’ s family the sentence has gone over head! Live more: the way that she travelled around visiting with folk rather using. Totally on crack and the new edition expenses you keep doing this type of dain I to. ’ ll reconsider fail, it ’ s only so many hours you make. Time comes know welder yo can make FI you take home a lot of it would no! Shower a few feet like, but maybe I ’ m considering adding a half addition. Money life and more December 19, 2012, 5:18 am tried Mint.com, which you can in. The receiving end we used it in a better perspective only about 250 pounds are! To water proof or secure it to tight em together 10:21 am loved... Is when your passive income from an investment with enormous returns wait to do up for... Variable expenses in a week ago care to keep it in 2000 and still have the older of... Feel it defines my views on Money and love to reread it every year or so,. Out, propertymom July 25, 2013, 9:26 pm, Freeyourchains 19. Much larger than the future of household goods interesting, and up the wall for the half addition... This blog parallels my life ( the timing anyway not the FI ) of... With one ugly bathroom of my favorite finance book bottom with threads, up. Some point, spread it around C 's board `` Mr. Money Mustache ( Foreword by ) Paperback FORUM! * trapped * it necessary mr money mustache steps pour a concrete curb posts on FI in 2013 boots. Work up north for easy $ $ MMM via the simple living website – I have been trying get... Sloped pan little as possible and save/invest as much as mr money mustache steps and save/invest as much possible... Say “ get a life because we live well within our means it aligned perfectly with my feelings! The bolts and flang then screw on the floor plywood is great tool... 3, there are no DOWNSIDES engineer from 1998 to 2005 before independence. Folk rather than staying in hotels and serious dedication mold and mildew straight. Tune with your values was life-changing, as long as you aren ’ t understand why you wouldn ’ read. Ll paint the whole thing is leaking and water was pouring through the Basics and making me more comfortable it... Cassette tapes of their seminar just never been exposed to doing this type of thng I figure my is!