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We need to redefine living below your means as a sign of wealth rather than poverty.

Layla and I have always lived on less than 10% of what we make. I don't even think we spend that now.

Watch on YouTube We need to redefine living below your means as a sign of wealth rather than poverty.

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Alex
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MoreMozi

Alex Hormozi ›

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Short
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MoreMozi Shorts
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Key takeaways

  • I don't even think we spend that now.

Chapters

  1. 0:00
    Abschnitt 1 Layla and I have always lived on less than 10% of what we make.

Full transcript

Locally archived YouTube transcript with timecodes. Speakers are assigned heuristically and may be corrected editorially.

1 segments

0:00Layla and I have always lived on less than 10% of what we make. I don't even think we spend that now. We probably spend about 5% of what we make. Still a lot of money, but it's not a lot relative cuz we're both actually pretty risk averse. But we're not illogical. I was having a conversation with my father-in-law and he offered to pay for lunch and I was like, while we have waited in line, I have made more money than this lunch costs. Let me cover lunch. It really depends on your savings versus spending percentage that you're comfortable with.