let's talk about how to live like the
rich on a budget if you've been on
YouTube for any length of time you've
seen those videos where entrepreneurs
are driving around in Ferraris or
smoking cigars or you see the sweeping
background of Miami Beach behind them
and you wonder what are these people
really rich but to if you think they are
how do you live like that how do you
make that happen well in this video I
want to talk about how to live like the
rich on a budget stick around
first of all Who am I am Alex Berman
I've generated over 10 million dollars
in sales for our companies are on
multiple businesses now a digital
product business a software business and
also a marketing agency along with a few
other businesses in our portfolio I'm
living my dream life I've got full time
freedom I'm doing what I want to do 100%
of the time of escape to my business
right I'm living the dream
I've joined as Tim Ferriss would say in
his book 4-hour workweek I've joined the
new rich and yet I am also living on a
budget what does that mean that means
I'm not spending a million dollars a
month on my lifestyle I don't have a
burn rate of 25,000 a month even in fact
I live and I have complete time freedom
and I'm happy off of only forty five
hundred dollars a month and the rest of
the money I make goes to savings that is
how to live like the rich on a budget so
the steps I went through to figure out
what my life actually needed to look
like in order to be happy and come up
with the forty five hundred a month
number was number one I decided what I
actually wanted in life and I don't
really smoke cigars so I didn't really
want that I don't drink so I didn't want
the hard partying lifestyle of most of
these entrepreneurs where they're
holding a whisky and they're smoking the
cigar didn't want any of that didn't
matter I don't really want a fancy car I
don't know what I would do the Lambo in
fact I have a 2011 Toyota Prius that I
crash every two to three weeks I'll run
over like a median or something like
I'll scratch it up if I had a Lambo I
would be so fricken stressed all day
every day so I don't need any of that
we've generated millions of dollars in
revenue for our clients and ourselves
just from cold email the problem is if
you've tried cold email it's not as
straightforward or easy as it looks we
put together the cold email
After optimization checklist that we use
internally to make sure all our cold
emails are of the highest quality in a
very straightforward checklist format to
get it go over to email 10k comm slash
checklist I just want a nice comfortable
house and some peaceful time and a lot
of time freedom that's what I really
want full control to not have to work as
much as I want so that's pretty easy so
what I did is I listed out everything I
wanted then I figured out the cost for
you if you want the Lambo go look up how
expensive is a Lamborghini and you'll
find out that a Lamborghini is three to
six thousand dollars a month now that
could be affordable for you a very nice
house somewhere if you want to rent a
house is between 1,500 and 3,000 dollars
a month maybe a little higher depending
on the part of the country that you're
in but if you list out literally
everything that you want except for
maybe private jets and stuff like that
which are gonna be more expensive the
odds that you're gonna be able to
achieve your rich lifestyle for under
$8,000 us a month are very very high and
if it is one that let's talk about that
in a second so decide what you want
figure out the specific cost I wanted a
nice house that was over 2,000 square
feet not a huge house just like a nice
house it was over 2,000 square feet and
I found that and the rent on it is under
$2,000 a month i wanted a car and i
didn't really care what car and I got a
2011 prius. I wanted be able
to not think about the cost of groceries
every month so I do that I don't think
about when I go to the grocery store how
much a grocery visit is gonna be so just
figure out the cost of what everything
is for me it ended up around forty five
hundred a month then cut out all the
unnecessary stuff that you don't really
want let's say you want everything in
your life plus a Lamborghini so
everything in your life is forty-five
hundred a month and then the Lamborghini
is another six thousand on top of that
think about do you actually want that
Lamborghini or do you want the safety of
saving six thousand dollars a month
meaning for every month you work you've
saved more than your monthly salary and
thus can survive for a month without
working that's the way I like to think
about it if I can pocket five or six or
seven or eight times what I spend in a
month as savings then that is eight
months nine months that I don't have to
work in the future that is my rich
lifestyle not having to work in the
future
and barely working now other people have
different lifestyles so I would cut out
all the unnecessary stuff having a six
thousand dollar-a-month Lamborghini is
worth a lot less to me than saving over
a month's salary for every month that
I'm working I don't need a Lamborghini I
don't even need a nice house all I want
to do is not think about money and have
complete time freedom that is my rich
life that's what I'm going for yours
might be different so find the amount
you need and it's lower than you think
and based on what I've seen it's
probably lower than $8,000 a month
unless you have kids and a wife that you
want to support then it might be twelve
thousand a month but even then it's a
very achievable number so you might be
at 10 K or whatever map it out then you
can live like the rich within that
budget figure out how to find clients to
pay you that amount and you're good and
actually we have a bunch of videos on
how to do that you can also check out
our course email 10k where we talk about
how to generate more clients for your
business I got to 40 500 a month within
30 days starting a company and you
could most likely get to 10k I've seen
clients go to 10k within 30 days as well
so you can do that and that's it map out
what you really want then you can live
like the rich you've heard that it's
important to test your subject lines to
have at least an 80 percent open rate
and we've been able to achieve that
pretty consistently for our clients
selling to billion-dollar brand the
hardest part was coming up with the
subject lines but lucky for you we put
together 50 cold email subject lines for
you to test at email 10k com slash
subject and it's important that it's
stuff that you really want and not stuff
to impress others if you really want a
cigar and a Lamborghini just so you can
get a picture to post on social media
rent a Lamborghini for a day and buy a
cigar and then you can get that picture
for five hundred dollars instead of six
thousand dollars a month and the people
will be impressed yay but it's not
important and I'm telling you now it's
not important to drive a Lamborghini
just to impress others and for me luxury
cars are an extreme stressor because I
don't like worrying about things I don't
like worrying about whether I'm gonna
scratch my car or if I need new paint
I've got my car dented up right now and
it doesn't really matter I'm driving
this Prius into the ground so figure out
what you really want not to impress
others if you still want a Lambo go for
it
they're like 3,000 to 6,000 a month
Google what does a Lamborghini cost and
you'll see pricing you can even put in
the cost of the Lamborghini that you
want you can find them you can buy
right now I could buy a Lamborghini
right now I'm not going to but it's
actually very affordable and I found
that out doing the research for this
video I'm not gonna buy the Lambo okay
I'm not gonna do it it's not worth it
just make sure whatever you're doing
you're doing it for you and not to
impress others and you'll be happy and
you can live like the rich on a budget
thanks for watching the video if you
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down below what's your dream life look
like and how much does it cost per month
to do it let's get a conversation going
thanks for watching I'm Alex Berman