I was making $100,000 a year and spending $50 a month on food. Not because I had to. Because every dollar I didn't spend was a dollar that could make me more money.
Real estate is not passive income. It is mostly passive income with occasional calls about a broken toilet at 2am.
The number one financial mistake I see is lifestyle inflation. Every time income goes up, spending goes up too. The gap between income and spending is where wealth is built.
Track every dollar. It sounds tedious. It is tedious. It also shows you exactly where your money is going, which is the first step to changing it.
I skipped college and got my real estate license at 18. That decision had more impact on my financial life than any other single choice I made.
YouTube pays me more per year than my rental properties. The most lucrative investment I ever made was a camera and a microphone.