The best books by Mr. Money Mustache

Do you want to achieve financial independence and early retirement, but you have no idea how to do so? You could use someone’s guidance, and that someone can be Mr. Money Mustache.

Below, we’ll help you see why you should listen to Mr. Money Mustache and list some of the best books by this mastermind.

Who is Mr. Money Mustache?

Mr. Money Mustache is a Canadian-born blogger and author. His real name is Peter Adeney, and he retired in 2005 at the age of 30 and moved to Longmont, Colorado. Peter managed to retire so early with a net worth of $600,000 by spending only a small percentage of his annual salary and consistently investing the rest, primarily in stock market index funds.

Six years later, his life was going great, but he noticed his friends weren’t as fortunate. Some were broke, while some of them made a lot of money but dreamed of replacing their six-figure jobs for more quality time with their loved ones. All complained that maintaining a middle-class lifestyle is difficult.

Peter noticed a recurring theme in their gripes. His friends were often complaining while having expensive drinks at exclusive restaurants or after bragging about buying top-class biking equipment or cars on Facebook.

Much of the country seemed to engage in similar behavior. People lived a lifestyle they couldn’t afford while thinking their finances were out of their control. They were dumbfounded when they realized they had no money to buy their freedom. Additionally, Pete Adeney’s friends were so busy that they didn’t have the time to figure out the cause of their problems.

That’s why, in 2011, Peter became a financial self-help blogger. He uses his website, mrmoneymustache.com, to share the secrets to managing your money as effectively as Warren Buffett and other Wall Street investors.

Mr. Money Mustache’s best book recommendations

Among the titles on Mr. Money Mustache’s book recommendation list are Joel Greenblatt’s The Little Book that Still Beats the Market, I Will Teach You To Be Rich by Ramit Sethi), The Millionaire Next Door by Thomas Stanley and Charles Montgomery’s The Happy City.

The books this Canadian wrote or co-authored are even more significant, and many are available in hardcover or paperback on Amazon.

Your Money or Your Life: 9 Steps to Transforming your Relationship with Money and Achieving Financial Independence by Joe Dominguez and Mr. Money Mustache

Considered by many the go-to title for changing your view on money, some of the topics this book tackles include index fund investing, managing your revenue streams, online finance tracking, and developing savings. You also learn how to clear your credit card debt, live within your means, and develop good habits.

The narrator of the audiobook version is Vicki Robin.

The Simple Path to Wealth: Your road map to financial independence and a rich, free life by J.L. Collins and Mr. Money Mustache

With a forward written by Mr. Money Mustache, J.L. Collins’ The Simple Path to Wealth presents a unique way to understand the keys to building wealth and features invaluable insights into the stock market. It delves deep into the pitfalls of traditional investing, what actually works, and the intricacies of this market. Most importantly, you get specific tips on implementing various strategies.

Playing with FIRE (Financial Independence Retire Early): How Far Would You Go for Financial Freedom? by Scott Rieckens and Mr. Money Mustache

With a forward from Mr. Money Mustache, this book is mostly Rieckens’ autobiography. Initially, he lives the life of his dreams. Underneath all the luxury, however, he was a depressed and overworked man going to great lengths to afford his high-end lifestyle.

A podcast interview changes Rieckens’s life. It made him quit his job, move, and cut back on luxuries.

The book is about Rieckens’s and his family’s transformation, as they set two goals — attaining financial independence and retiring early (FIRE). They abandon the mentality of obsessing over wealth.

Tribe Of Mentors: Short Life Advice from the Best in the World by Tim Ferriss, et.al.

In this book, author Tim Ferriss aims to find his mentor. He shares the secrets to the success of over 100 high-profile individuals, including Ray Dalio, Maria Sharapova, Tony Hawk, Kelly Slater, and Daniel Negreanu.

You can use the insights in this book to have a good life and learn how to adopt the early retirement extreme philosophy.

Achieve financial freedom with books on Speechify Audiobooks

If you need more advice on managing your personal finances, audiobook platforms like Speechify Audiobooks offer a vast library to choose from for an unforgettable listening experience.

You’ll find various Speechify audiobooks to help you become more successful and increase your earning potential. These include Extreme Ownership, Never Split the Difference, The 7 Habits of Highly Successful People, How to Win Friends and Influence People, and Unfu*k Yourself.

Listen to these and many other titles on Speechify Audiobooks with just a few clicks. Plus, your first audiobook is free when you sign up for the service.

FAQ

How much money did Mr. Money Mustache have when he retired?

Mr. Money Mustache retired with about $800,000 in 2018 dollars. Several outlets have cited his blog, including Market Watch and The New Yorker.

What is Mr. Money Mustache’s philosophy?

The Mr. Money Mustache philosophy is to avoid wasting money on things that don’t make you happy. Those who follow this path can become “Mustachians” — happy people independent of the traditional workplace. His inspiration came from David J. Schwartz’s book, The Magic of Thinking Big.

How many readers does Mr. Money Mustache’s blog have?

More than 23 million people have visited Mr. Money Mustache’s blog since 2011, looking for help on how to make money.

What is Mr. Money Mustache’s 4% rule?

According to mrmoneymustache.com, it is a retirement strategy that says you can comfortably withdraw 4% of your savings in your first year of retirement and adjust that amount for inflation for every subsequent year without risking running out of money for at least 30 years.

What is the average income in the U.S.?

As of 2022, according to the U.S. Bureau of Labor Statistics, the average U.S. income is $54,132 a year.

What is one of the best Mr. Money Mustache quotes?

One of the best quotes that encapsulate Mr. Money Mustache’s philosophy is, “A man is rich in proportion to the number of things which he can afford to let alone.”

What is Mr. Money Mustache’s occupation?

Mr. Money Mustache worked as a software engineer before his retirement in 2005. He became a financial self-help blogger in 2011.