Money management can be confusing and difficult if you haven’t practiced doing it. There are a lot of techniques and systems including the 50/30/20 rule – which will not move you towards financial freedom. I’ve saved, invested and created over a million dollars by hodge podging together different systems I’ve tried and call it my money bucket system. It’s free, it works and it’s simple. If you take anything away from this video, focus on expenses and costs first. Then turn your attention to your income, investments and savings. Everything starts with expenses –that’s the secret to financial success.
My monthly expenses now are ~$900 a month. And it’s not from living super minimally in a van in my parents’ driveway. I drive a 2019 Tesla, live mortgage free in a custom hand built home and spend my time traveling and participating in experiences I choose. This is not luck, but diligent hard work, smart budgeting and investing through my 20s. It all started (and continues) with the my bucket system.
Try it. :)
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BOOKS THAT CHANGED MY MINDSET:
Try Audible Free With 2 Free Audiobooks: https://amzn.to/2HT7nXH
Changed how I looked at money: https://amzn.to/2utVTlt
Best book on investing in stock market: https://amzn.to/2FvAJIP
Best shift in mindset: https://amzn.to/2FyuVy8
Understand the importance of time: https://amzn.to/2FyvAj0
Making money with effectiveness: https://amzn.to/2V3PRnv
Favorite that reinforces focus on solutions: https://amzn.to/2HJiq6k
DISCLAIMER: Some of these links are affiliate links and I may get a very small percentage that goes directly to help support the channel. You will not be charged extra for clicking on the links
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ABOUT ME:
Left the job grind making $200,000+ a year at 27 years old and achieved a net worth of $1,000,000 by my 30th birthday.
I’m a simple surfer who dreamt of chasing waves instead of the paycheck. Saved excessively in my 20s and made a few key investments that allowed me to purchase seven acres of raw land. Instead of hiring a builder, I decided to solo build my own income shipping container home – mortgage free.
I consider myself a fancy and frugal minimalist and now live off expenses of roughly $900 a month. I’m in love with business and entrepreneurship, with my “expertise” being real estate, specifically rentals and land development.
I spend my days growing my property management business, surfing, training Brazilian Jiu jitsu, traveling and learning how to cook new dishes.
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CREDITS
Video Graphics:
https://www.freepik.com/free-photo/retirement-cafe-pensioner-leisure-rest-man-concept_2910866.htm
https://www.freepik.com/free-photo/bare-chested-man-lifting-dumbbell_1370801.htm
Thumbnail Graphics:
https://www.freepik.com/free-vector/faucet-tap-water-bucket_1430147.htm
https://www.freepik.com/free-vector/business-seamless-pattern_1538454.htm
https://www.freepik.com/free-vector/economy-icons_794700.htm
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