In January 2013, "Mr. and Mrs. 1500" — the pseudonym of soon-to-be early retirees Carl and Mindy — decided to get serious about their savings goals.
At the time, they had about $586,000 in investments and cash. Today, nearly four years later, their net worth is roughly $1.45 million, thanks to downsizing, cutting expenses, and smart investing strategies.
You can read more about their initial financial standing and current net worth, which they update monthly, on their blog.
In order to reach their goal of retiring at the age of 43, or 1,500 days since they started the blog, the husband-and-wife duo with two kids took one, simple step: They calculated exactly how much money they needed to retire comfortably, which meant first analyzing their spending habits.
"My wife and I wrote all of our expenses in a book," Carl explains on their blog. "Every time we returned from shopping or paid a bill, we logged it."