3545: Richer In Retirement by Mr. 1500 of 1500 Days on Financial Independence and Retire Early

Optimal Living Daily - Personal Development and Self-Improvement

Optimal Living Daily LLC

Education, Mental Health, Self-improvement, Health & Fitness

4.6 • 3.2K Ratings

🗓️ 30 March 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3545: Rising from a frugal college diet of spaghetti and peanut butter sandwiches to a multimillion-dollar net worth, Mr. 1500 reflects on his journey to financial independence and the power of positive financial momentum. With multiple income streams, careful spending, and an entrepreneurial mindset, he highlights how early retirement isn’t about sitting idle but about creating more wealth, both financial and experiential. The greatest luxury, he argues, isn’t money, but the freedom to pursue meaningful work and a fulfilling life on your own terms. Read along with the original article(s) here: https://www.1500days.com/richer-in-retirement/ Quotes to ponder: "The greatest luxury in life is time. It’s hard to truly appreciate it until you have it. Or have lost it." "Just when I need money the least, we have more of it than ever." "Not working frees me up to do what I love. It just so happens that some of the things I love to do like building things and farting around with real estate have the side-effect of making more money." Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Living Daily, richer in retirement by Mr.500 at 1500days.com, and I'm Justin Mollick.
0:09.3	This is the show where I usually read to you like an audiobook, but on Sundays I share an episode from
0:14.6	another podcast in our network. Today's is coming from Optimal Finance Daily. Please do follow or subscribe to that show.
0:22.1	It does help keep this one going.
0:23.8	Again, that's Optimal Finance Daily.
0:26.3	So with that, here's Diana with the post-and commentary as we optimize your life.
0:35.0	Richer in retirement by Mr.500 of 1500 Days.com.
0:41.4	I vividly remember struggling with money at university.
0:45.8	My apartment was paid for, but I supported myself otherwise.
0:49.9	I had a part-time job at a computer lab that paid $4.25 an hour.
0:55.9	From this money, I had to buy food and everything else.
0:59.6	My diet suffered the most.
1:02.1	I'd buy the cheapest tomato sauce and cook a huge batch of noodles on Sunday evening.
1:07.8	Then, I'd eat spaghetti all week.
1:10.6	Every week. Lunch was peanut butter and jelly sandwiches.
1:15.1	All week, every week. My food drought ended when I started working a real job after graduation.
1:22.0	The first thing I bought with my first paycheck was a pound of ground beef. 20 years later. At the time I bought that pound of
1:30.4	ground beef 20 years ago, life was a lot different. Debt. I had so much debt that if I was in a
1:37.5	Harry Potter book, my name would have been Dumbledit. That was a horrible joke, but I'm tired. Forgive me. Anyway, I was in the hole to the tune of
1:47.3	$60,000, $50,000 in student loans and $10,000 in credit cards. I felt buried. Now, my net worth
1:56.3	sits at $2.3 million. Life is good. Sloppy Joe. With that first pound of beef, I made sloppy Joe's.
2:06.1	That was one of my most memorable meals of all time. And I still love sloppy Joe's to this day.
	...

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