What you Make VS. What you Spend

Hello, my friend and future millionaire. 

I’m going to be honest with you, it’s going to get real tough from here on out. 

The reason is, it’s time to give all your excuses a parking spot, and it’s time to start moving forward. 

So if you want to jump off, now’s the time, otherwise the train’s rolling on!

Here’s what we’re going to do. 

The first rule of wealth: It isn’t how much you make; It’s how much you keep. 

Do you realize a guy working at McDonald’s, making minimum wage, who puts away $25 a week into his own personal retirement account could be richer than a six figure CEO who spends every dime he makes along with any credit card money that he gets?

The CEO may be living check to check, despite the large salary, because it’s all in how you manage your income. 

That’s what we’re going to look at in this email and we’re going to do this the quick & easy way. 

  • Determine how much money you bring home every pay cycle and write that down along with what your spouse makes.
  • Also write down how much your rent or mortgage payment is.
  • Include any & all car payment(s) your family makes.
  • Don’t forget about your living expenses like car insurance, electric bill, gas bill, phone bill, cable and/or internet bill, etc.
  • Do you have any credit card payments to include? 

These are all credits & debits I want you to write down as we’re determining exactly how much money you have coming in every month (credit) versus how much money you have going out (debit). 

Now look at how much money you have left at the end of the month. 

  • Are you putting any money into a savings account? 
  • Are you putting money into a 401k? 
  • Is all your money going towards paying your bills? 

These are all hard questions that you need to ask yourself, and be honest about, because we’re looking to make short-term cuts for long-term gains. 

For example, if your cable bill is a high expense, is that something you could turn off and use the money elsewhere while you’re building your business? 

I know what you’re thinking: “Don!” I have kids that will never be able to live without the TV and all that electronic stuff.” Well, I’ll be honest with you:  They’ll be fine.

What it comes down to is we need to pull money from somewhere for you to be able to build your online business. 

As we’re putting together the million dollar roadmap you’re going to need some funds available to accomplish the steps required to put that income together. 

So we’re taking the first step by examining what you make compared to what you spend.

Remember in an earlier email when I said that today’s lifestyle is a product of how you spent all your yesterdays up until now?

Well, when we start doing your budget, you’ll see just how true that really is. 

You know, one of the things, and I was guilty of this myself, people will put more thought into buying a car than they will into building their financial future. 

And I’m somebody who has bought a lot of cars.

I wasted a lot of money just because I would see stuff that I liked and I made good money, so next thing you know, I was driving a new vehicle.

But that wasn’t a key principle to building wealth. 

Now, not that I want you driving a junk car or anything like that. 

But what we’re going to look at here is how we can put money aside for you and your family to reach the lifestyle of their dreams. 

We’re going to invest in YOU now.

This is where it gets real. 

It gets real serious right here right now.

Is the way you’re spending your money right now getting you the results that you want to have for the lifestyle of your dreams?

That’s just a brief touch on starting your budget.

It’s tough to be honest with yourself about the way you spend your money, because you’ve got habits, whatever those habits may be, and they’re tough to change. 

You may feel like you’re going backwards in life, but you’re really not, you’re prioritizing.

What you’re doing is this: to change your world, we got to change YOU…. and we’re turning you into that million dollar business owner … right now.