You'll NEVER be rich... until you do THIS.

By
Mike Fio
January 8, 2025
1 min read

Find your "enough" number.

How much money is really enough for you?

I recently realized, I have no idea.

My best answer was, "I just want to be really wealthy where I'm not stressed about money."

But that vagueness was a recipe for dissatisfaction, and misery.

So I decided to get crystal clear on what my "Enough" Number really looks like.

I envisioned my dream life, and asked myself:

  • Where exactly do you live? (I found the exact home I wanted and used a mortgage calculator to find the monthly payment.)
    My answer: $18,000
  • What car(s) do you drive? (I calculated the monthly lease payment.)
    My answer: $2,000
  • How much money do you invest each month?
    My answer: $10,000
  • How much extra cash do you have each month for spending (food, travel, entertainment)?
    My answer: $5,000

I added everything up to give me my target monthly income - or my Enough Number.

For me, it came out to $35,000/month. Seeing that number made me smile, and motivated the crap out of me.

Now, to some, that number may seem high... To others, it's too low.

But the truth is, this money thing is all relative.

And the only question that really matters is...

What's YOUR "enough"?

--

P.S. - The concept of finding our "enough" number was inspired by a conversation with the former-investment banker turned inspirational writer, Sahil Bloom. Subscribe to the podcast on YouTube, Spotify, or Apple Podcasts to catch the full episode when it goes live!

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