🤦🏻‍♂️ Don't do this (financial mistake)

One of the biggest mistakes people make on their financial freedom journey:

Staying obsessed about budget. 🤦🏻‍♂️

Granted: most people need to START here. But if you STAY fixated on budget, you're never going to get ahead.

So if you're serious about reaching financial freedom faster, here's what you should do instead:

1) By all means... CLEAN UP the silly spend 🕵🏻‍♂️ 🧹

Spreadsheet your spend: most people are shocked by how much they're actually spending each month on stuff they'd readily admit, isn't exactly healthy spend.

2) Get creative on the BIG ROCK expenses. 🪨

After the silly spend, tackle the Big Rocks: Housing, Transportation, Food & Drink. There are creative ways you can make a big dent here.

3) SHIFT ALL YOUR ENERGY TOWARD GROWING YOUR INCOME. 💸

Once they get fired up on the idea of financial independence, so many people unfortunately end up staying in a perpetual state of "budget obsession mode" … don't do this. 🙅🏻‍♂️

Once you get your hands around your spend and pull some levers on the big rocks, ALL your mental energy should go towards growing the top line. 🔝

e.g. instead of spending hours couponing, invest that time building a High Yield Side Hustle ... or gaining a skill that's going to make you more money.

4) invest in ASSETS. 🏠

As you widen the Expense-to-Income gap, build assets that grow in value and create additional cash flow … this could be stocks, or my personal favorites: real estate and cash-flowing businesses.

This is where the real wealth is built.

BOTTOM LINE: the first 2 expense-focused steps here are foundational.

Make your moves on expenses, then let that become "business as usual" with occasional strategic, big rock reviews.

If your mental energy stays in expense world, you're incurring a massive opportunity cost. 🤦🏻‍♂️

There's much more upside (and fun) when you shift to Income Mindset. 🧠

In your corner,

Blake Bozarth

P.S. Recently did a deeper dive on some of this stuff as a guest on Heading West by Skyline Capital. Here’s the episode on “The Blueprint to Freedom, Creating Optionality, & Living On Mission.” 🎧

When you're ready, here’s how I can help you:

If you're a young professional with a solid day job, it's entirely realistic to add an extra 36K to your bottom line in the next year.

I run a program with the goal of creating an additional $3K per month in your bank account.

(widening Expense-to-Income gap, High Yield Side Hustle, etc).

🙋🏻‍♂️ Reply to this email or message me on LinkedIn if interested in learning more. ✅