How I spend my $163,800 per month income

By request, here’s a breakdown of how much I spend every month on my personal expenses, and what I spend my money on - enjoy! Add me on Instagram: GPStephan

Second Channel: https://www.youtube.com/channel/UCa-ckhlKL98F8YXKQ-BALiw

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My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB

Expenses:
Car insurance: $125 per month
Gym Membership: $200 per month
Health Insurance: $215 per month
Phone Bill: $83 per month
Internet: $80 per month
Utilities: $120 per month
Groceries: $200 per month
Misc Spending: $400 per month
Housing: $3500 Gross, $0 Net

*House Hacking Information:
https://youtu.be/PobcKgC2QFg
https://youtu.be/m6tSUsB12QM
https://youtu.be/mmusZ66uH7A

Tesla Model 3 Payment: $630 Gross, $78 Net
https://youtu.be/kWvs5H32Oyc
https://youtu.be/IU89AryuY3A

And besides that…that’s all I spend money on!

So if you want the actual personal CASHFLOW coming out of my account every month, without counting mortgage equity, car equity, or write offs…this is just the gross amount leaving my account, including rental income on the other unit, then I spend:
$3,353 every single month on everything in terms of CASHFLOW.

However, when you look at my NET cost every month - this is when you account for mortgage and car equity, write offs, depreciation, money I get back at the end of the year, and so on, I spend on average of:
$1501 per month NET on my personal expenses, cost of living, food, utilities, gym, phone, etc.

My business expenses, on the other hand, are expenses that I KNOW will make me more money. What I spend here really varies and for the most part, it’s entirely discretionary.

That’s how I like to run things…I don’t like having high overhead, and the less financial obligation I have, the better.

I just like not NEEDING to spend money every month just to keep things running, and that in turn, means less stress for me, which means I can produce content much easier, I’m more “Free” to talk about whatever, and that benefits YOU because I’m not some huge company just motivated to stay afloat on expenses. Which oddly enough, usually just means I’ll end up making more money because of that…so it’s a weird cycle. The less you need money, the more you make because you aren’t doing things just for the money…and the more creative you tend to be.

Thanks for watching!

For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [email protected]
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