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Money Masters: The Savvy Scot

  December 12, 2014  |    #Eliminate Debt

This week’s Money Master is Pauline from The Savvy Scot, a mechanical engineer from France. Pauline quickly realized that she could live better on less and uses her blog to share that message.

Pauline plans to be a millionaire by the time she’s 50 years old. She likes excitement, staying healthy and living unconventionally. This is what his blog is about.

One of our recent favorites of Pauline’s is her post, “When Spending Less is More Important than Earning More”. In it, she shares that while the mantra is it’s not about how much you earn, but how much you spend, you can always earn more. You can’t always spend less.

While The Savvy Scot mostly covers personal finance, it also covers personal development, self reflection and being and adrenaline junkie. This provides a bit of diversity typically not seen on a personal finance site. Overall, the goal is to help each reader become the best possible version of themselves.

1. What’s your story?

My name is Pauline, I was born in Paris, France, 34 years ago, and after graduating college I decided to travel the world for a year. It was an eye opener and I quickly did the math that I could live well if I lived simply, in a low cost of living area, be it abroad or in France, on a small budget.

I never had consumer debt so it was a good start, and I worked hard and saved during six years after that trip, until I was able to leave the corporate world for good. I now live in Guatemala, where I operate a small guest house, am trying to turn 90 acres into a residential complex, and run three blogs, Reach Financial Independence, Make Money Your Way and The Savvy Scot.

2. What’s your point of view, as a personal finance blogger?

I believe life is too short to spend it in a cubicle. So if you lower your needs and expenses, you can live on less, and still feel happy because you no longer need to work to afford all that stuff. If you make $10 per hour, a $100 gadget means you had to work 10 hours for it, and that could be your grocery budget for the month. I am always trying to find ways to make more money and investing on the side, but I believe you should only spend big amounts to buy things that matter to you and really make a difference in your life. I don’t own a TV but I travel for months at a time.

3. In one sentence, what’s one piece of sage advice from your personal finance background that you’d like to share with our readers?

It all adds up over time, no matter how small your savings are today, keep throwing any extra money at it and before you know it you will be financially free.

Check out The Savvy Scot, sign up for her RSS feed or subscribe to her newsletter. We’re sure you’ll be glad you did.

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