Step 0, Part 1: Get Honest About Where You Stand

 

(Make sure to check out the full series post below)

This is Part 1 of Step 0 in my Simplified Roadmap to Financial Freedom series — where we break down money, health, and habits step by step.

Most people live in brick-and-mortar banking. Your paycheck hits your checking account, you swipe your debit card or Venmo a few times, and at the end of the month you might have a couple hundred left over. Maybe you slide $100 into savings. End of year? Your bank rewards you with twenty-five cents in interest.

Others lean on credit cards. They’re proud when they pay the minimum balance, but meanwhile they’re sitting under $10,000+ in debt that quietly bleeds them with 20%+ interest. (If that’s you, the only way out is to get aggressive and start attacking it now.)

I agree — budgeting doesn’t always work. You can track every receipt and color-code every category, but for many couples, it turns into stress and arguments.

👉 That said, if you’re like me and my wife and you do like to see the numbers and where they’re going, I recommend using a budgeting planner. Writing it down helps you clearly see where your money goes, where adjustments can be made, and I guarantee you’ll have at least one moment of, “I didn’t realize we spent so much on X — why is that?!” From there, you can start making real, intentional changes.

That’s why the better way is to make it automatic. Automate saving, automate investing, automate debt payoff — and let the system run without daily battles.

Here’s where mindset shifts everything.
Your banking app might show you how much you spent on groceries, dining out, or coffee. Those categories tell a story. That $15 Chipotle order plus a few $6 coffees and another $15 takeout might feel small… until you realize that’s $60 in one week that only bought you two dinners and a couple coffees.

Now zoom out. $60 a week = $240 a month = $2,880 a year.
That’s the cost of “a couple dinners and coffee” on repeat.

But if you took that same $2,880 and invested it every year into a simple index fund averaging 10% growth:

• In 10 years, you’d have around $53,000.
  
  

• By age 65 (if you’re 25 today), you’d have about $1.4 million.
  
  

That’s not magic — that’s just how money compounds when you give it time.

💭 So here’s the question: Ten years from now, when you look back, will you care more about the takeout meals you barely remember — or the freedom of having an extra six figures invested and growing for your future?

👉 Step 0 of the money mindset is simple: Get honest about where you stand.

• Money sitting in checking or savings is dead money.
  
  

• Money spent without intention is lost money.
  
  

• But money invested today is working money — it grows, multiplies, and buys you freedom later.
  
  

That’s the shift: stop treating money like something to spend, and start treating it like an employee that works for you 24/7.

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✅ Your first action step: Skip one coffee run or one takeout meal this week. Take that $15–$20 and put it into an investment account. Not next month, not next year — this week. Start small, but start now.

Because once you see your money working for you instead of disappearing, your mindset will never be the same.

📖 For more on investment strategies and how to make your money grow, check out Money: Master the Game by Tony Robbins — it’s a great breakdown of practical approaches that build on exactly what we’re talking about here.

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