How to Retire Early - The Frugal Way

Подписаться 34 тыс.

Просмотров 15 тыс.

50% 1

I tell you how we were able to retire early and how you can as well.
My previous videos include these:
Retirement on a shoestring budget:
• Retirement on a Shoest...
How to pay off debt quickly
• How to pay off debt qu...
Frugal Queen in France
Like the menu board & Budget Book? We have now started Amazon Affiliate Links its available here:
Kitchen Slate Board: amzn.to/2S2tWjW
Budget Book: amzn.to/3qISz2i
We are a British couple living in Brittany on a budget.
Frugal recipes, days out, home renovations and day to day making do in France.
We’ll give you hints, tips, advice and an insight into our life in France.
Website www.frugalqueeninfrance.com/
FaceBook / frugalqueeni. .
Instagram / frugalqueen. .
Twitter / batt_jane
Equipment used
Camera : iPhone SE (2016)
Mic : iRig MicCast2
Editing : iMovie on an M1 Mac mini
Music:
Audionautix is licensed under a Creative Commons Attribution 4.0 license. creativecommons.org/licenses/...
Artist: audionautix.com/
Some Sound from Zapsplat.com
RU-vid Audio Library
Apple iMovie*

Опубликовано:

11 июл 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 185

@maryxm1 2 года назад

Brilliant information Jane. I'm also an early retiree but I came to it by a different route. Yours was a lot nicer. Mine involved domestic violence. Thankfully I was creative and have my home and pension...and no debt....It wasn't easy and I don't recommend this route. However, I'm an example of a woman who lost everything but managed to win in the end.💚🍀💚

@FrugalQueeninFrance 2 года назад

I’m Amazed at your fortitude

@moreynolds9870 2 года назад

You’re an inspiration to other people who are living in the same situation. So happy for your successes Mary xx stay safe

@maryxm1 2 года назад

Thanks so much Mo. The important thing is to not give up. xxx

@ayela562 2 года назад

Wishing you peace and joy for the rest of your days Mary. You certainly deserve them 🙂

@lisahaffner3337 2 года назад

Glad you shared your journey. Unfortunately I didn’t start early enough. Still have a mortgage but working on getting it down. I took a 30 year mortgage 6 years ago at the age of 50. I said I will be dead before that’s paid off. After 6 years I’m down to 16 years 10 months left.

@FrugalQueeninFrance 2 года назад

Where do you live Lisa?

@lisahaffner3337 2 года назад

Ontario Canada

@candaces3959 2 года назад

I am in the same situation in the U.S. Bought my first house at 60. No way to pay it off before I am dead. And since I live on my own, it's one income.

@justdreaming3869 11 месяцев назад

Wow, such good information! You and Mike are so determined! You really deserve the peaceful life you have now

@linpulver2106 2 года назад

It's a whole lot tougher when only one partner in a relationship is prepared to make changes!

@FrugalQueeninFrance 2 года назад

That’s not tough, that nigh on impossible. I feel for you.

@nikki27ish 2 года назад

It really is, my partner wasn't on the same page as me, and may never be as frugal as me but he has come a long way Tracking out spending has helped him change his spending behaviour a lot over the last 12 months. I feel for you.

@nevertoolate8589 2 года назад

Totally! Not only is it tougher but it is a source of tension and arguments.

@honorineilboudo521 2 года назад

Yes leave the other spouse behind. That's what I am did and continue to do with my husband, and now he is struggling to catch up. Don't let a husband or wife rub you from your dreams.

@maypong2007 2 года назад

I agreed. I can’t change my husband spending habits means I have to plan for myself I can’t sink with him

@valgalloway6914 2 года назад

I too got early retirement, in my case it involved being in the right place at the right time. Pure luck! The Insurance company I'd worked for from aged 18 merged with another equally large company and they needed to "shed" staff. I was just 51 when I got a lump sum and "added years" to gain an immediate pension.

@FrugalQueeninFrance 2 года назад

You were in the right place, good for you

@joanrevell5767 2 года назад

I retired early but went back to work because I missed it. I have cut my hours down. So it's working out well for me . Stay safe xxxx

@FrugalQueeninFrance 2 года назад

Good for you Joan, retirement isn’t for everyone

@Hide_and_silk 2 года назад

I totally agree with you. Early retirement is great if you have lots of hobbies and a big social circle outside of work. It can be a big shock to go from a demanding job to nothing and that aspect of retirement needs as much thought and planning as the financial aspects. I wanted to work after retirement too but doing something that was my hobby (handcrafted leather bags and teaching others the craft - hence my RU-vid name.) Unfortunately Brexit ended that plan (which is why my channel is now on hold after building it up to several thousand followers ☹). As UK retirees to France under the withdrawal agreement, if I do any paid work at all then I lose the uprating of my UK state pension and have to pay 20+% social charges on all my income going forwards. We crunched the numbers and it just didn't make sense. It was pretty soul destroying as I had everything set up and ready to go.

@dawnmorandin541 2 года назад

The first house we bought had a large basement, my husband turned it in to a one bedroom apartment which we rented out for 10 years. The rent paid our mortgage, then we sold it and bought a duplex plus 2 other houses in a cheaper city. We live off all the rents. This summer we sold one of the houses as the market exploded , for double the price paid. Along the way I have cleaned houses, babysat, adult babysat, bought everything second hand, you name it to make money to retire early and watch videos when ever I want lol. Great advice that everyone should listen to, there's no better feeling than waking up with no stress and not a alarm clock 😀

@FrugalQueeninFrance 2 года назад

Well done Dawn, you house hacked.

@Tess-FrugalLiving 2 года назад

I needed to hear this today Jane! It's helped to keep me on track. Thank you. 🙂

@FrugalQueeninFrance 2 года назад

Thanks Tess.

@elizaC3024 11 месяцев назад

We raised poultry on the side. Selling both the chicken and eggs at a farmers market and eventually even selling to a small grocery store.

@RetirementContentment 2 года назад

In the U.S. 62 is the minimum age to begin social security payments. I turn 62 next year and plan to retire practicing simple frugal habits. Your advice is so helpful. It’s so important to have a few income streams, even if they are small. Great video. Thank you Jane!!🙏🏻🌻

@phylissbrassey8431 2 года назад

I would recommend you wait later to take social security

@FrugalQueeninFrance 2 года назад

In the UK. There is the state pension, the same as social security, but not so much. So, in the UK, if you don’t plan to live in poverty in your old age, you have to make your own arrangements.

@ShoestringJane 2 года назад

Brilliant video. I found your blog inspiring years ago and you are still inspiring me! Mortgage and debt free here too and as a result we both work from home doing stuff we enjoy

@martapogribna6396 2 года назад

Great video! I contemplate retiring at 62 ( my retirement age here, in the USA, is 67, wow that is too much). You are delightful, real, and your frugal ways are totally reasonable, with great treats along the way. I am so glad I found your channel.

@FrugalQueeninFrance 2 года назад

Thanks Marta

@stephaniekleppin7702 2 года назад

I very much admire the route you chose for retiring in your 50s. I agree that an employer that matches what is going in your tax shelter is something for which you always want to take advantage. Also if your younger viewers can start taking advantage ASAP, compound interest is a beautiful thing. I particularly agreed with your thoughts on NOT needing a million dollars to retire comfortably. People chase after that kind of nest egg can sometimes ruin their health and their relationships in the process. If you don’t have debt upon retirement, how much do you really need to live comfortably. What a good example you and Michael set of one way to really have a nice fulfilling life during that “retired” chapter of life.

@FrugalQueeninFrance 2 года назад

If you’re frugal you can live off less. If you’re a spender, that will be difficult

@ReinaAGrace 2 года назад

Thank you for sharing your early retirement journey. I have really enjoyed the video and learned a lot.

@ml.5556 2 года назад

Great video. As my retirement is imminent I was interested in all peoples comments, which I don’t usually read. Thanks for taking the time to give brilliant responses to comments.

@belindacopson2390 2 года назад

Very interesting to hear how you've been able to retire early. We can all learn such a lot from sharing information about realistic paths to earlier retirement - knowledge is power!

@FrugalQueeninFrance 2 года назад

Thanks Belinda

@loraineeverard9760 2 года назад

Thank you, another great and inspiring video! Xx

@FrugalQueeninFrance 2 года назад

Thanks

@deemarkja 2 года назад

Wonderful! I totally get it. It is so much fun to be frugal. I've always enjoyed saving and having free fun.

@FrugalQueeninFrance 2 года назад

I have fun.

@dsmarcela86 2 года назад

Loved this video. Very motivating!

@FrugalQueeninFrance 2 года назад

Thanks Diana, happy to help

@sowenchantedirishkitchenga8282 2 года назад

So inspiring as always 💚

@FrugalQueeninFrance 2 года назад

Thank you

@elizabethhelen3326 2 года назад

Fabulous - full of useful advice as ever! Thank you so much 🇫🇷

@FrugalQueeninFrance 2 года назад

Thanks Elizabeth.

@deborahhobsonwasdubber2405 2 года назад

Hi, thanks another great video ❤ lots of great ideas.

@FrugalQueeninFrance 2 года назад

Thanks Deb

@Alittlelady83 2 года назад

Awesome advice I love your channel and videos great job!!

@FrugalQueeninFrance 2 года назад

Thanks Elaine

@mkhuntstreasure3192 2 года назад

I always enjoy your positive attitude.

@FrugalQueeninFrance 2 года назад

Thank you

@pamelacourtney8998 2 года назад

Thank you . This was very interesting and informative. Stay warm, eat well and be safe . Blessings to all

@FrugalQueeninFrance 2 года назад

Thanks Pamela.

@sofiedetroeyer7345 2 года назад

Super video, congrats with the 12k 😘😘😘

@FrugalQueeninFrance 2 года назад

Thanks Sofie

@yukofreeman4483 2 года назад

Wonderful information!

@FrugalQueeninFrance 2 года назад

Thanks very much

@susanwebster9218 2 года назад

Loved this video. Great encouragement to those who want to retire early.

@FrugalQueeninFrance 2 года назад

Thanks Susan.

@hilarygibson3150 2 года назад

I retired at 54 after finishing my business. I still write down everything I buy and at the end of the month put it into categories. Big annual budget coming soon😁

@FrugalQueeninFrance 2 года назад

People overlook tracking, it’s important to be accountable to ourselves

@heathertucker7056 2 года назад

Very informative video Jane! We managed early retirement too - thank goodness! Had to smile when you said about the Librarian who went on posh cruises ( tongue in cheek) I was that Librarian but I never went on a cruise in my life! I saved and retired! X

@FrugalQueeninFrance 2 года назад

I actually know that librarian. She is retired and now goes on cruises. It’s her ‘thing’ as she loves to travel and meet people. Before retirement, she just saved.

@moreynolds9870 2 года назад

Hi Jane, fantastic video, I loved it. Great content and information. I used the envelope system a few years ago when unemployed and had very little money. It does work, it got me through! Thanks for Sharing. Stay safe. Mo xx

@FrugalQueeninFrance 2 года назад

It worked for us too. We only used cash for years.

@patmartin9727 2 года назад

Another great video, lots of great ideas for others to try. I personally choose to continue to work part time, but knowing I could retire tomorrow if I choose to is a very liberating feeling. The truth is money if very easy to spend and everyone makes their own choices but no one can spend it and keep it.

@FrugalQueeninFrance 2 года назад

Working without debt or a mortgage is a good feeling

@flvl5448 2 года назад

Very good informations. Thank you!

@FrugalQueeninFrance 2 года назад

Thanks very much

@terrylopez5452 2 года назад

Thank you Jane.

@FrugalQueeninFrance 2 года назад

Thank you

@melstjohn3766 2 года назад

You are a very clued up lady Jane .Wish I had done what you did but wasted too much money when young ☹️ Despite that in a good position here in France. I find you very inspiring and am more mindful over money since watching your videos The fact that you and Mike have been in total harmony over finances is pretty key to this working for you and for other couples I think .Great you share your journey and suggestions/tips I really enjoy your videos.Thank you both Mel

@FrugalQueeninFrance 2 года назад

Thanks, are you in France too?

@lilybee_ 2 года назад

Thank you for sharing so openly. This is great advice for most people. People with 401k plans can do the same as you. The tricky thing for some is the age. I can't take any of my 401k without a 10% penalty until I'm 59. Fortunately I was able to take an early pension at 54 when it was offered. Being debt free except for our mortgage made it possible.

@FrugalQueeninFrance 2 года назад

It’s amazing how many loopholes are put in place for the ordinary Jo, that doesn’t exist if you’re way richer!

@janenewley6539 2 года назад

Lovely to see how much work you’ve done on the house and plot….as shown in your intro film😊jinxy

@FrugalQueeninFrance 2 года назад

Thanks very much

@CentsibleLivingWithMoneyMom 2 года назад

I love how realistic you are. I plan on semi retiring.

@FrugalQueeninFrance 2 года назад

We are very much semi retired. We could live off our pensions but I’d be super frugal

@nancymarcoux2297 2 года назад

So interesting and so true! I agree 💯 with your statements. I am retired now at 51 and it's not cause I am lucky, it's cause, like you, I chose a different way of living.

@FrugalQueeninFrance 2 года назад

Yes, I don’t believe in luck. It’s choices.

@candaces3959 2 года назад

Great video as usual! I can see where I fell short after watching this video. I am naturally pretty frugal in many ways, but I never tracked spending or wrote a budget. I saved some but not as much as I could have - impulse spender - books mainly and food - I love to cook and haven't cut back on the food budget, even though I don't do take out or dine out. I now have to make up for lost time . I have been incorporating your frugal budget tips and have been able to cut back significantly, but I don't think I will be retiring early. :(. P.S. I also live on my own with one income.

@FrugalQueeninFrance 2 года назад

I’m sure you’re resolve will see you through. Good luck Candace,

@ophelialee2714 2 года назад

Bless you both! It's true it is not easy being frugal BUT it can be fun. I don't understand how that works but it does. And I'm glad you were car hacking instead of car hijacking :)

@FrugalQueeninFrance 2 года назад

Yes, car hijacking isn’t good

@limegreen1989 2 года назад

I never even thought of adding extra into my retirement fund! I was just going to do extra savings and investments, but this is such a good option! Thank you!

@FrugalQueeninFrance 2 года назад

It’s good if you can.

@lornaselwood8681 2 года назад

Thanks very much excellent information 👏Xxx❤️

@FrugalQueeninFrance 2 года назад

Thanks Lorna

@mariaevans5046 2 года назад

You may be "different" but you and Mike are inspirational,

@FrugalQueeninFrance 2 года назад

Thanks for watching and your lovely comment

@sandragerhardt2309 2 года назад

Thanks for sharing your journey. My husband and I both retired early when we were each 59 here in Australia and draw on our superannuation pensions. We do still have a mortgage however it represents our car and caravan which we will use over the next 5 years and then sell after we have explored as many areas of Australia as possible. The payments are simply part of our budget.

@FrugalQueeninFrance 2 года назад

Happy travelling

@2024_my_frugal_year 2 года назад

Worth noting for those planning , that here in the uk they are increasing the minimum (not just the state pension age) from 55 to 57 from April 2028. Like they increased it from 50 to 55 in 2010. So if your not 55 by April 2028 you cant take your pension early untill 57.

@FrugalQueeninFrance 2 года назад

It stinks doesn’t it. Especially if you’ve paid the full amount in. Nonetheless, 57 is still early retirement.

@rachelwalsh4378 2 года назад

Great video 👍

@FrugalQueeninFrance 2 года назад

Thanks for watching

@louisedudley6478 Год назад

I enjoyed your explanation of how you came to retire early. We are recently retired and decided to make sure all debts and mortgage were paid before retirement. We have always lived simply but have not had a formal budget (Everything went into savings) Now that we are retired I like the idea of setting up sinking funds so that all those big expenses are covered. I was a teacher too and paid off our debts with tutoring!

@FrugalQueeninFrance Год назад

Thanks for your feedback

@tracyaf6084 4 месяца назад

This is such a helpful video. I had my last child at 40, so I won’t be retiring before she’s done high school when I’m 58 at the earliest 😂 For me, that means I’ve been very intentional about saving for my kids’ school funds. We have a program here that grows tax free.

@FrugalQueeninFrance 4 месяца назад

Wonderful!

@cyclingonplants7444 2 года назад

Great video! I really like watching these type of "Journey to Retirement" stories. Everyone has their own perspective and I find it helps me with the choices that I want to make in my own journey. The house and car hacking tips were my favourites :)

@FrugalQueeninFrance 2 года назад

Anything we can do to reduce the costs of the expensive parts of our lives is a major help

@gladyschandler6724 2 года назад

I have other skills that I advertise on Craigslist (dog sitting, baby sitting, organizing paper, garage, house. I also do accounting. Also, my Tea Party business hoping to get it going in 2023

@anntaylor4247 2 года назад

We had early retirement forced on us due to I'll health. Fortunately, we were mortgage free and had modest private pensions and savings. It's been difficult though with ever increasing costs. We are both just 66 and about to receive our State Pensions, which will ease the pressure somewhat. Informative vlog Jane.

@FrugalQueeninFrance 2 года назад

Thanks Ann. It is incredibly difficult. The amount of people forced out of their jobs due to ageism and stress is phenomenal! People can’t fully prepare for that. I wish you both some relief when you receive your state pensions as it must have been difficult for you both.

@corinneleppard1933 2 года назад

Fantastic video again, left me feeling inspired. I am an older parent, had my son when I was heading towards forty, so that comes with an additional financial commitment. Before my son was born I worked hard to pay off debts but also enjoyed the money I earned (partner and I both public sector, so not hugely well paid). I wish I had saved more! My partner is not very realistic when it comes to finance - think that's the word I'm looking for - doesn't do any form of budgeting or planning. I was previously the higher earner and always made up for anything we needed or wanted, or if things went wrong. Now I'm not working, due to a combination of health reasons and where we live, life is very different. I worry a lot about financial security, wish that worry could be shared or at least understood. At least I have a very close grip on how our money is used, saved, etc which is some help.

@corinneleppard1933 2 года назад

I should also say that I do Ebay/FB marketplace quite a lot, not lots of £s. My son has said that if it's not living or doesn't move, watch out as I will probably try and Ebay it!

@FrugalQueeninFrance 2 года назад

Sorry to hear that, the budgeting is something you can do together, you can try and get him on board that way,

@corinneleppard1933 2 года назад

@@FrugalQueeninFrance Thank you, guess it takes all sorts to make the world. We'll get there and for now I will enjoy reading all the comments from others, there's always something to learn and share.

@Hide_and_silk 2 года назад

I was a 'hacking' customer and really appreciated being able to stay Monday to Thursday. I stayed good friends with several of the people I stayed with and have many happy memories. I worked contracts and opted to work in London - although I live in the NW - because the pay rates were so much higher...like double! Edit - this was my transition to retirement...I cherry picked the contracts and in between we travelled all over the world via home exchange staying for a month to two months at a time. We traded cars as well as homes so only paid for the flights.

@FrugalQueeninFrance 2 года назад

Very sensible to save money like that

@diegeferenbach8065 2 года назад

I'm so impressed! We re working on being mortgage free.

@FrugalQueeninFrance 2 года назад

Good for you too.

@joannereynolds69 2 года назад

Great video Jane - I am on track to retire at 55 - I have already started doing all the things you suggest. I also have a plan for returning to work part time if my circumstances change or if heaven forbid - I am bored 😊

@FrugalQueeninFrance 2 года назад

I totally retired this August, I was at a loose end for a few weeks

@2024_my_frugal_year 2 года назад

If your not 55 before April 2028 you wont be able to take your pension untill 57, as they are increasing the minimum pension age.

@joannereynolds69 2 года назад

Thankfully I am 55 in 2026 and I have an original superannuation pension xx

@nevertoolate8589 2 года назад

@@2024_my_frugal_year gutted as I will be 54 so just missing out by a few months.

@JennTheFrugalMom 10 месяцев назад

I have been selling on ebay for 17 years 😅, plus im an extreme couponer.. i keep what i want and resell what i dont

@gladyschandler6724 2 года назад

I make extra funds, baby sitting, dog sitting, doing surveys on-line (recently did one got $125 in a visa card) that I'll use for food.

@patricianorton3908 2 года назад

Jane, wanted to let you know that YT is doing you a great disservice! The notification I got today just noted that you mead uploaded 2 new videos. No subject, no further info! I was extremely wary of clicking on the notice. Scammers? Malware? If I were you I would quickly complain to YT. I have!

@FrugalQueeninFrance 2 года назад

If you click whilst we are uploading, you’ll get that. Don’t worry, all good here. Thanks for sharing.

@wendytravers4400 2 года назад

Same as you Jane debt and mortgage free managed to retire at 60 back in 2015 finally got my state pension this July, hubby also retired when he was 60 in 2016 he will get his state pension next August. We lived for 2 years prior to me finishing on the income we would get to make sure it was doable with out using all our savings. We both have final salary pensions, not high paid jobs like you said it is doable if you can live with what you have and be happy. It’s the best thing we did ♥💋🤗

@FrugalQueeninFrance 2 года назад

Ye, make the best of it

@parler8698 Год назад

Passive income is so important.

@ayela562 2 года назад

My husband has a defined benefit pension plan and we are very grateful for it. I don’t have a pension at all and we just invest part of my salary so that we are putting away 15% of our gross per year. I think we will both be 59 at retirement. Not too early but not bad either 😊

@FrugalQueeninFrance 2 года назад

Not too bad indeed.

@nata3467 3 месяца назад

In the States, the biggest issue for most of us is Health Care. It is absolutely the scariest factor.

@FrugalQueeninFrance 3 месяца назад

Why are you not out on the streets bringing the country to a standstill protesting against the capitalist system that makes so much money from it?

@nevertoolate8589 2 года назад

Thanks for sharing. Ignore the rude comments. I think a lot of people would be able to retire early but they are not prepared to make certain sacrifices and consume less.

@FrugalQueeninFrance 2 года назад

Thank you.

@buzzybee186 2 года назад

35 now and not looking to work past 50/55. We got out of debt and saving in 401k, a vanguard account, and a dribble of other index funds, and Roth IRA. We have only averaged 45k in the last 10 years with me and hubs.

@davidjenson7773 2 года назад

This was so great you both are amazing do you have children? You look so happy and I hope that health will always be yours.

@FrugalQueeninFrance 2 года назад

I have a son and daughter and they’re adults

@gladyschandler6724 2 года назад

Yes best case scenario is to retire with a mortgage. Or pay large chunk in less than 5 years.

@gladyschandler6724 2 года назад

Many years ago I rented my garage to co-worker to store their Boat. An extra $50 a month.

@sophiawolthof1238 2 года назад

👍👍👍

@lisazawacki9462 2 года назад

I have been enjoying your videos. I’m not sure if you ever explained your decision to move to France and if the move helped you to be able to retire early. Thanks!

@FrugalQueeninFrance 2 года назад

It certainly did help us. We sold the UK house so didn’t have a mortgage. We couldn’t have retired with a mortgage in the UK, we’d had to have worked until 57.

@lisazawacki9462 2 года назад

@@FrugalQueeninFrance I appreciate your reply. Love your videos. We paid everything off living debt free also! We are 57.

@marlyngeeding1877 2 года назад

What made you decide to live in Brittany in France. You talked about going on a walk and seeing a for sale sign. Did you both travel around France or did you already decide on Brittany before moving from Plymouth in the UK.

@FrugalQueeninFrance 2 года назад

We’d been visiting Brittany for ten years, we knew it well.

@gladyschandler6724 2 года назад

I'm 71, not retiring until end of Sept. I enjoyed working and our contract with NASA ends Sept. I wanted to get the maximum of my Social Security for a more secure retirement.

@CharlesAvilaMeasInst 2 года назад

Hi. Great video. My husband is trying to make some part-time income selling on eBay and other platforms. Can you tell me a little bit about how your husband buys from auctions?

@FrugalQueeninFrance 2 года назад

He went to auction houses, there was one near where he worked. Often, they were police sales or sales of claimed goods. He’d buy what he knew about. He’d leave a bid, he never attended as he was working. He’d buy Roberts radios or cameras or camera equipment. He’d then sell it on eBay. It’s commonly called flipping. Buy very cheaply then sell on.

@halfanewfie2 2 года назад

I have a question about a budget items. On your clothing budget, you have a certain amount, lets say 80 Euros. Let's say you need shoes in November. You spend 40 Euros for that month. What do you do with the remaining 40 ? Do you roll it over into the next month and just add 40 to make 80 Euros for December or do you have 80 for December and add the 40 to it to raise the December amount?

@FrugalQueeninFrance 2 года назад

For clothes we have an annual budget. Any underspending at the end of the year is either saved or rolled over

@MM-jq1nx 2 года назад

How about doing challenges. I was looking on you tube for saving challenges, for example : no spend month, or liw spend year 💵💰

@FrugalQueeninFrance 2 года назад

We do every year, this year we did no spend January, February, March and April

@gladyschandler6724 2 года назад

I increased last year my 401k to 25% so I would be less taxed and also more for retirement

@pulsa0186 2 года назад

Please can you show us how to make an apple pie the frugal way?

@FrugalQueeninFrance 2 года назад

I certainly can

@virginiacervantes2110 2 года назад

👍🌹

@ingridmarsden8866 2 года назад

You may be different to the consumerism norm but I would rather your lifestyle. Did any inheritance play a part in your early retirement? In NZ it is often a huge factor in getting ahead. Especially in the housing market.

@FrugalQueeninFrance 2 года назад

Mike inherited £25,000 on his mum’s death after her est à was split three ways. That bought our first home in France. We would still have retired even without that amount

@ingridmarsden8866 2 года назад

Thanks for that. It's interesting that you would still have been able to retire regardless of that. Inspiring for many and possible for some by adopting a more frugal and thrifty contented lifestyle.

@FrugalQueeninFrance 2 года назад

@@ingridmarsden8866 We were VERY heavily criticized when we received that money and bought the house in France, people felt that the frugal thing to do would have been to have paid another chunk off our mortgage but our mortgage was very small then. We’d also just had a year of watching someone we adored dwindle and we wanted to live and having a holiday home, that we also house hacked! Gave us a cheaper alternative.

@ingridmarsden8866 2 года назад

I totally understand that and look where you are today. Wouldn't they be thrilled for you following your dream and making it work 🤗

@juliesatterfield7004 2 года назад

It's nobody's business if you get an inheritance or not. You live what you teach and we are all better for it.

@birdie8963 2 года назад

Good morning from London Jane. How do you pay off mortgage early.

@FrugalQueeninFrance 2 года назад

You make an extra payment off the capital each month. We used to over pay by 500 a month.

@cindyjolly9114 2 года назад

health ins in the US how are you all doing it How much are you paying to ins yourself and your spouse before Medicare I think many many people could do it if not for this.

@FrugalQueeninFrance 2 года назад

We pay under 100€ a month for health insurance as France has socialised medicine.

@cindyjolly9114 2 года назад

@@FrugalQueeninFrance yeah so 20000 a year for 2 people who are 55 in the US darn not kidding with a large deductible

@barbarabruce7648 2 года назад

I know you're describing a frugal lifestyle and habits. But to me it's just smart living. I don't think there is anything sacrificial about the way you live, obviously. We are debt free and mortgage free also. I retired very early but my hubby still works because he gets a good income and has a job he loves. So why not.

@FrugalQueeninFrance 2 года назад

We are very happy and certainly haven’t any feeling of sacrifice, it’s a good life for us

@barbarabruce7648 2 года назад

You certainly do look happy! You and your husband are very smart people. That's why you live so abundantly.

@terrylopez5452 2 года назад

Hello,Jane and Mike, retired American here with a question. Does the UK have a government financial plan/scheme similar to the Social Security Act in the USA?🤔

@FrugalQueeninFrance 2 года назад

Hello, yes, it had that too. We will get our state pension, which you call social security at 67.

@amandathemadscrapper6993 2 года назад

You and Mike made a lot of sacrifices and tough decisions to deal with your debt, pay off your mortgage etc and continue to do so. But why is there no mention of Mike’s inheritance and what difference that made to your retirement plans. Did it speed it up?

@FrugalQueeninFrance 2 года назад

Bringing up the death of the closest family member is not for public discussion as it illicites emotional responses and attention which in turn reopens the grieving process of someone barely healed. I’m very upset by your statement but I’m a very forgiving person. However, it had no affect on our pensions.

@marie34K 2 года назад

Things are so very different with the French pension system . I retired at 55 . I was also a teacher (for the French government .) I was able to retire 5 years earlier because I was the mother of 3 children .(open to fathers too ) .We decided I would retire because going on working meant that I would work full time for less than 250 € a month ( difference between salary and pension ) . And I spent more than 50 € for petrol...

@FrugalQueeninFrance 2 года назад

French pensions are incredibly generous in comparison to some.

@marie34K 2 года назад

@@FrugalQueeninFrance yes that's true . But bear in mind that I started contributing to my pension the very day I turned eighteen .But civil servants (state teachers belong ) all have great pension schemes . France is very very good for pensions but it means teachers get miserable salaries while working .for example German teachers are paid 3 times more ...

@FrugalQueeninFrance 2 года назад

@@marie34K to put it into perspective, you have a pension similar to a good (for France) salary. In the UK, if we we’re retired there, we would not be able to afford heating .

@nevertoolate8589 2 года назад

@@FrugalQueeninFrance true but contributions are insane. I’ve been self-employed both in France and the UK and the French contributions were crippling.

@marita8485 2 года назад

Shame you have to plagiarise Dave Ramsey and didn't give him credit for it. 👎

@FrugalQueeninFrance 2 года назад

He’s so well known, it’s like quoting Shakespeare. He needs no introduction. Thanks for watching.

@wendytushingham201 2 года назад

Excuse me Maxine. Shame on you for not doing your research. MANY frugal lìving you tubers use that phrase as a unifying phrase without citing Dave Ramsey. Sorry you missed the point of the video

@marita8485 2 года назад

@@wendytushingham201 I do excuse your ignorance. Poor you 😢