I am a 24-year-old with £ 80,000 in savings-here are the things I would never spend money on, so I can retire at 40

A young woman who ‘retires early’ has revealed the items that she would never ‘spend her money on.

Mia Rose McGrath, who is 24 and has £ 80,000 in savings, hopes to retire by the time she is 40.

She currently lives in London In a zone 2 flat that she shares with her partner and the rent and bills immediately distributed.

Mia hopes too ‘soft retirement’ by the time she is 40 – which means that she will probably still do part -time work or things that she is ‘passionate about’, but does not have to work full -time to ‘stay alive’.

In addition to having ‘Side Hustles’ that she credits in the past year by achieving her £ 10,000, there are certain things that Mia spends no money to help her save.

She says that she will rarely spend cash on things such as pick -up restaurants and coffee – only they have when she is with friends.

“These are the things that I just don’t spend money as a financially responsible 24-year-old who wants to retire,” she said in her Tap videowho has yielded more than 500,000 views.

The first on her list is pick -up restaurants – and she says she doesn’t even have the Deliveroo app on her phone.

However, she makes an exception when she is hanging around with friends.

She explained: ‘I don’t get a pick -up meal if I can’t bother to cook. If you can cook really good food, you just don’t have to get a pick -up meal.

“And also eating in the actual restaurant is so much more fun.”

In the same way she usually does not treat herself to a coffee or cake – but she still gets with friends.

‘I don’t see the point to buy one every day. They are sometimes four or five pounds. That’s really true, “she added.

The third item on which she is not willing to splash the money is home decor and trinkets, instead gathering in the course of time when she has given them as gifts.

Mia referred to the Viral ‘Labubu’ Trend – ‘Monster toys’ that have become popular on social media – and said she would never be caught buying one.

She also does not buy ‘extra’ makeup and skin care outside the ‘capsule’ collection that she adheres to.

She said: ‘I couldn’t tell you the last time I tried a new product. I really just stick to the same routine of the same essential products and I just catch up when they run out. ‘

When it comes to alcohol, Mia said that the maximum she will spend at a time is about £ 15.

“I’m just not a big drinker. When I’m out with friends, I probably only have one or two, “she explained.

While some people praised her for her ‘sensible’ financial decisions, others were afraid that she did not have enough ‘pleasure’ in her twenty.

People wrote to the comments: ‘No hatred, but what do you do for fun? There is a thin line between being wise to save money and do nothing. You have to put some money aside for treats’;

‘Don’t forget to enjoy life, I am 31 and have saved a lot in my 1920s and now have £ 200k+ savings, makes me happy, not really’;

“I thought this is normal … I think I’m just poor”;

‘At your age you will make an incredibly big positive difference for your (early) pension by investing with the savings you make with these choices’;

“This is fantastic. I am exactly the same. Most people like to waste money and they hate to see others economically because it illustrates their poor spending habits’;

“The amount of money I have wasted at the take -away restaurants to just feel terrible after they felt them terrible, is scary.”

In another video, Mia revealed that there are some items on which she will spend.

These include experiences, buying entire foods and renting a nice flat.

She also revealed how she succeeded in saving £ 80,000 in just 24 years old, and revealed that she hopes to increase this to £ 100,000 this year.

Mia said she was always. ‘Pay himself first’ and pays money in her savings account at the start of each month

She also mentions her savings to become ‘financially literate’ and to learn about the stock market.

She said she spent time with ‘under her resources’ and when she lived at home and had a disposable income, it saved for a house deposit.

The financially smart ticker emphasized the importance of her side – including modeling, UGC, content creation and affiliate marketing.

Moreover, she has made two placements and worked full -time and said it took her about five years to reach the saving goal.

Although she and her partner immediately distributed their rent and bills – because she was the same age and earned a similar salary, she admitted that other things have a split of 70/30.

Mia believes that the ‘man should try to make a little more impression on a woman’, because he keeps romance alive – for example, she will be spoiled by her partner for Valentine’s Day and on birthdays.