Heart Centered Learning: Mr. Money Moustache

Mr. Money Moustache is the alias of a Canadian expatriate named Peter Adeney, who saved enough money in his twenties, working as a software engineer, to retire at age thirty. He calculated a way to make these early pay cheques last using a strategy of sensible investment, and a rigorous, but manageable, frugality. Living with intention is his life’s work. “I’ve become irrationally dedicated to rational living,” he says.

Mr. Money Moustache defines retirement as the freedom to do what he wants when he wants. He retired in late 2005, with six hundred thousand dollars in investments, and a paid-off house worth two hundred thousand. He figured he could rely, conservatively, on a return of four per cent per year. He determined that the family could live on twenty-four thousand a year in expenses: so he needed to save twenty-five times that amount.

“Ten Bucks is a lot of money,” he writes, “So you need to respect it. It is a critical brick in the early retirement castle you are building. If you save $796 per week, for ten years, and get a 7% compounded investment return, after inflation, you’ll have $600,000 sitting around ready to party for you. . . . Let’s say you’ve got two income earners working together. Now each one has to save only $398 a week. There are 112 waking hours in each week. Each person has to make 40 successful $10 decisions each week—or one $10 decision every 2.8 waking hours.”

In his blog, his goals are to: 1) To make you rich so you can retire early; 2) To make you happy so you can properly enjoy your early retirement; and 3) To save the whole human race from destroying itself through overconsumption of its habitat. You can learn more about his work through listening to this great interview hosted by Tim Ferriss.

Listen List: Podcast Love

Here are a few podcast episodes that I really enjoyed. Let me know if you check them out!

Richard Schwartz began his career as a systemic family therapist and an academic. Grounded in systems thinking, Dr. Schwartz developed Internal Family Systems (IFS) in response to clients’ descriptions of various parts within themselves. He focused on the relationships among these parts and noticed that there were systemic patterns to the way they were organized across clients.

He also found that when the clients’ parts felt safe and were allowed to relax, the clients would experience spontaneously the qualities of confidence, openness, and compassion that Dr. Schwartz came to call the Self. He found that when in that state of Self, clients would know how to heal their parts. A featured speaker for national professional organizations, Dr. Schwartz has published many books and over fifty articles about IFS.

Jim Collins has introduced a range of new concepts and terms to the leadership lexicon. These include “level 5 leadership”, where leaders put the cause of their organization first, and inspired standards – rather than inspiring personality – become the motivation. He also created the “flywheel” principle of sustained momentum, demonstrating that the building of any human enterprise is not about one single defining action, or one killer innovation; instead, it is a process that resembles relentlessly pushing a giant, heavy flywheel, gradually building momentum.