Video summary
How to Change Your Finances in 90 Days
Main summary
Key takeaways
Finance-focused subtitle summary (90-day “financial freedom” plan)
Core idea / “north star”
- You can’t plan savings, budgeting, or restructuring without knowing your destination.
- Create a personalized “freedom number” (a target living-cost figure) using a calculator (the author says they provide it for free).
- The plan emphasizes that monthly expenses are the only number that matters for reaching freedom faster.
Step 1 (Goal setting): calculate your “freedom number”
- Build a spending baseline by listing barebones essentials needed to live (not a lavish lifestyle).
- Add “lifestyle add-ons” optionally to create higher tiers.
- Output: three-tier freedom numbers:
- Baseline
- Middle
- Higher lifestyle tiers
Example numbers given
- Baseline: $4,600 to live / $55k per year (as stated)
Recommendation
- Choose the lowest tier if the goal is freedom fast.
Potential speed accelerator (macro/life lever; not investing)
- Move to a cheaper location (possibly internationally) to cut costs and potentially reach freedom in about half the time (time estimate described qualitatively).
Step 2 (Days 1–7): hard “spending reset” + daily awareness
- Implement a 1-week cut to baseline essentials.
- This is described as a “no-spend week,” not a no-spend year/month.
- Track behavior:
- For the next week, write down every expense to build conscious awareness of where money is leaving.
Behavioral goal
- The “real work” is changing habits so decisions become automatic (analogies: brushing teeth / coffee).
Automation tool (accountability; not investing)
- Uses Zapier to email/text prompts at 8:00 p.m.:
- “Did you spend any money outside of your baseline?”
- Responses flow into a Google Sheet for weekly review and mutual accountability (with a spouse).
Example metric
- At one point, they report being at $133 total spent.
Step 3 (Days 7–30): cut recurring big-ticket expenses first
After tracking, focus on the largest recurring categories:
- Housing (~30%–40% of income)
- Car
- Food
- Subscriptions (remove waste; keep value)
Strategy framework
- Start at the top of expenses and ask how to reduce $1,000/month by acting over:
- 90 days
- 6 months
- 1 year
Potential savings target (presented as possibility, not guarantee)
- “You might be able to lower your expenses by like 30% over the course of the next 90 days or next 6 months.”
Concrete example (anecdote)
- House hacking via rental property + living in one unit.
- Example mentioned: running 4 Airbnb units in one apartment (described as “sketchy,” not recommended).
Key caution
- Implementation may take time, but the plan emphasizes drastic action as the differentiator.
Step 4: build a “freedom fund” (emergency buffer)
- If you don’t have an emergency fund, it’s treated as urgent (“an emergency”).
Freedom fund setup
- Save 3–6 months of living expenses.
- Can start with 1 month, then progress to 3, then 6.
Cash vehicle
- Uses SoFi high-yield savings account.
- Reported yield: “like 3 something% right now.”
Rationale
- Security helps you:
- Leave/negotiates work sooner
- Reduce reliance on employment
- Provide leverage
Timeline positioning
- Treated as a foundation before income actions like asking for raises.
Step 5: pay off high-interest consumer debt (risk reduction)
- After the freedom fund is set up, tackle high-interest consumer debt:
- Write down each debt’s interest percentage.
Method
- Pay the highest interest first (snowball by lowest balance is mentioned as an alternative).
- Explicit link: paying down debt lowers the overall monthly requirement for freedom.
Step 6: add “income leverage” (scalable side business)
Two levers
- Lower expenses (fastest is “basics,” but “extreme” is also possible)
- Increase scalable income (“extra lever”)—ideally not tied to time
Framework for the income lever
- If your freedom number is $3,000–$10,000/month, build a scalable income stream over ~5 years that can cover it.
- During the next 90 days, they recommend avoiding reliance on immediate side-hustle earnings (early side-hustles often pay low hourly rates).
Examples mentioned (mostly illustrative)
- “Uber or DoorDash” described as roughly $20/hour, unlikely to reach $200/hour.
Personal performance anecdotes (income metrics)
- YouTube/affiliate example:
- Channel passed 1,200 subscribers
- Made over $35,000 in affiliate income over 2 years
- They claim multiple channels and aim for “not under $1,000/hour” (their leverage metric)
Business model positioning
- Digital/high-leverage work (content + affiliates + search volume + email marketing).
- Uses Zapier for business automation (triggering customer actions; community onboarding).
Negotiation / quitting rationale
- With emergency/freedom funding, you’re more likely to negotiate a raise because you have the capability to say:
- “Nah, I can go somewhere else / take time off”
- Goal state:
- Not “million dollars” or never working again, but enough to work a few hours/week and enjoy:
- Time freedom
- Location freedom
- Not “million dollars” or never working again, but enough to work a few hours/week and enjoy:
Step-by-step methodology (as presented)
- Calculate a “freedom number”
- List barebones essentials
- Optionally add lifestyle add-ons for 3 tiers
- Choose the lowest tier for faster freedom
- Days 1–7: spending reset
- Spend only baseline essentials for 1 week
- Track every expense
- Use accountability prompts (e.g., 8:00 p.m.: “outside-baseline spend?”) into a Google Sheet
- Days 7–30: cut biggest recurring expenses
- Audit housing → car → food → subscriptions
- Target large reductions (example claim: ~30% over 90 days to 6 months)
- Build a “freedom fund”
- Start at 1 month, then move to 3–6 months of living expenses
- Park in a high-yield savings account (example: SoFi ~3%+)
- Pay off high-interest consumer debt
- List debts and interest rates
- Pay down highest interest first
- Add an income leverage stream
- Build a scalable income source over 3–5 years
- Don’t expect immediate high earnings in the first 90 days
- Use leverage for work transitions
- Negotiate raises / reduce hours with financial buffer support
Key numbers & instruments mentioned
- Freedom number example: $4,600 (baseline) / $55k/year (as stated)
- Core metric: monthly expenses
- Week tracking total example: $133
- Housing share: 30%–40% of income (estimate given)
- Savings target claim: up to about 30% reduction over 90 days–6 months
- Freedom fund size: 3–6 months (can start at 1 month, then 3)
- High-yield savings yield example: ~3%+ (“3 something%”)
- Debt payoff method: highest interest rate first
- SoFi (cash vehicle)
- Zapier (automation/accountability tool)
- Google Sheets (tracking tool)
- Other workflow/accountability integrations mentioned: Slack, Notion, Gmail
- No public-market investments mentioned in the subtitles (no tickers/ETFs/stocks/bonds/crypto).
Disclosures / disclaimers
- No explicit “not financial advice” language appears in the provided subtitles.
Presenters / sources
- Presenter/author: The primary speaker (name not provided in subtitles).
- Sponsored tool: Zapier (mentioned as sponsor).