How a simple breakfast of egg and bread helped this 24 year old girl save Rs 83 Lakh

In an era where many young individuals are tempted by the glamour of consumerism and excessive spending, there is a young girl in her twenties who stands out from the crowd as an exception who uses some disciplined ways to spend money and refrains from frivolous expenditure.
At just 24 years old, Mia McGrath has amassed significant savings, which shows that with dedication and smart financial practices, substantial wealth can be accumulated at a young age. Employed in the glamorous fashion industry, Mia's commitment to her financial goals gives valuable lessons for anyone seeking to enhance their financial well-being. Her economical lifestyle and strategic saving habits show the power of financial discipline and the potential for achieving long-term financial security.

At a tender age, Mia has managed to save a good Rs 83 lakh. So what connection does her breakfast have with saving so much money? Her breakfast is a mirror of her frugal lifestyle which is the corner stone of her financial well being. Mia sticks to her budgetary ambitions, always opting for saving over spending. Instead of buying expensive taskeways she has inexpensive egg and bread as breakfast regularly. She cooks at home, brews her own coffee, and keeps a water bottle with her to cut down on unnecessary expenditure. She even prefers choosing budget friendly cosmetics and clothing that makes her go for low-cost substitutes and second-hand items which also add more to her savings.

Mia believes in, “Early retirement and a comfortable life demand sacrifices.” By living with her parents, Mia eliminates the burden of rent and associated bills. She also avoids spending on non-essential items like decor or supplements, focusing instead on her ultimate goal which is to accumulate Rs 11 crore by the age of 40 to purchase a home. According to the Mirror, she lives with her parents that also helps her to save her living expenses, “I try very hard to put at least 50-70% of my income aside due to my living situation. This is also because after learning about investing and compound interest, I knew that if I put it aside when I was young it would compound and grow over time, basically setting me up for life.”
Mia is also a Tick-Toker, and she developed an interest in personal finance during her teenage years, was diligent in managing her maintenance loan while at university. She opted to buy second-hand clothes from charity shops, chose to walk instead of using public transport, cooked her meals at home, and drank alcohol sparingly. She used YouTube to educate herself about investing and now shares TikToks about her budget-friendly lifestyle, per report by the Mirror.