3min chapter

The Frankie Lee Podcast cover image

105 - Iman Gadzhi - $30 Million Net Worth By 22 Years Old

The Frankie Lee Podcast

CHAPTER

How Much Money Should You Spend Every Month?

For some people, the thing is you've got to increase your amount of income. If you're earning 30,000 a year, it's going to be hard to save 80% and live off 20%. Your place could be anywhere in the world - Bali or Cape Town are good examples. For me, basically I spend 20% of everything I make. So my quote is I need to spend around 150 to 200,000 a month.

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