Money Miser is an unapologetic, brash and opinionated blog encompassing all topics regarding personal finance, financial independence, early retirement and investing. This is a no-holds barred blog which will, at times, be vulgar. As such, if you are easily offended by words like “shit”, “fuck” and “bullshit” you will likely not make it through many of the blog posts here. I don’t use these words to offend, I simply use them to add a bit of gusto to an argument that, in my opinion, is often expressed far too timidly. Gentle advice and hand holding has its place, but sometimes a “punch in the face” approach might be what’s called for in order for a person to “see the light”.
Personal finance has been a passion of mine for many years, and one thing that pisses me off is the abject failure of the education system in preparing society for what I consider to be the most important factor of a happy and stress-free life. Young adults often get thrown into the real world completely ill-prepared for dealing with incredibly important financial decisions right off the bat, and if they make some bad decisions early on in life, they could easily be set up for decades of crippling debt and unimaginable stress. The goal of Money Miser is to not only educate people about the importance of personal finance, whilst hopefully providing sound financial advice along the way, but also to encourage people to aim significantly higher than what they imagine is achievable. Sure, retiring at 65 with no financial concerns would be nice, but what about doing the same thing at 40, or potentially even younger, then spending your remaining 40+ on this planet years traveling the world?
The majority of society has never heard of financial independence, and think they have to be some multi-millionaire to be able to retire before the age of 60. The reality couldn’t be further from the truth, and there is an ever increasing online presence of financial independence blogs propping up this notion with first-hand evidence. It’s a growing trend, and I believe going forward the youth of today will become far more interested in reducing the amount of time they spend working and increase the amount of time they spend living. The fact is, with some fairly straightforward adjustments to your spending and saving habits, you could easily go from a life destined to work until 65, to a life where you could be retired in under 10 years. Money Miser is aiming to help people see where they might be going wrong in managing their money, making the necessary adjustments to put them on the right path, and eventually becoming confident enough to invest these savings in stocks/real estate to provide a cash cushion large enough to retire on.
So who is Money Miser? Well, for the time being, he’d like to remain somewhat anonymous, though this might change as the blog develops. A little bit of background won’t hurt too much though. Money Miser is a millennial living in Vancouver, Canada (thus he does not, and will likely never, own a house here). He is married to a devoted wife, has a budding furry companion and his background is in business/finance/accounting. He has had a keen interest in personal finance for as long as he can remember, and his number 1 goal in life is to be financially free by the age of 40. An ambitious goal to those unfamiliar with financial independence, but with a few adjustments and a lot discipline, it’s certainly a manageable target. One purpose of this blog is to learn and grow with the audience. Money Miser is far from perfect when it comes to managing money, and there are certainly areas of his life he can improve upon. He’s hoping this gig might help to keep him more accountable…
One thing that’s evident while reading through various personal finance and investing blogs is the blogger often focuses heavily on one aspect of personal finance, such as investing, but often fails to cover many other important aspects. Without the reader actively pursuing blogs on all topics they may never actually put all of the pieces together. I’m hoping to make Money Miser a one-stop shop encompassing all steps to financial freedom, from reducing spending, increasing income, investing savings and any other financial tips along the way.
The blog is going to be very frank and direct throughout, without holding too many punches along the way. The goal is not to offend or ostracize anybody while doing so, however, as we are all at different stages of our journey and I still remember the days where I would spend unfathomable amounts of money on ludicrously unwarranted desires. Wherever you are on your financial journey, I hope this blog can help you achieve your vision, and perhaps bring a smile to your face along the way. I hope to see you around!