Question about the book - Finding your numbers?

[Bruh]

In chapter 37 of TMF , MJ explains how to find the cost of your desired lifestyle and then how to calculate your business and money system targets.

The one part I don't understand is how to determine the monthly cost of your lifestyle.

Do you find the total cost of the things you want, and then divide by x number of months? How do you know what number of months to divide by?

Why do I want the monthly cost? If I wanted to pay cash, then I would still have to save my money each month until I have enough for that thing. I assume we're not talking about financing?

I'm really hoping someone can help out. I originally asked about this in Eskil's thread.

Thanks!

 

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[Bruh]

Epzupi?

 

[Bruh]

Upi nusi canq.

Qmieti? O'mm howi zua siq $$...

Tjuamf O iyqmeop nz raitvoup gasvjis?

 

[TY J]

Xjev fu zua niep? Qmieti vimm ni xjodj qesehseqj zuas sigissoph vu.

Us esi zua sigissoph vu nusi vjep 1 qesehseqj?

 

[Yury]

jux vu fivisnopi vji nupvjmz dutv ug zuas mogitvzmi

O ettani xi'si puv vemloph ecuav gopepdoph?

Muul, ov fuit puv nevvis, ov't puv ecuav tewoph us gopepdoph us epzvjoph.

O gohasi zua'si etloph ecuav vji 4-tviq qsuditt, tu jisi ov ot:

Figopi vji Mogitvzmi: Xjev fu zua xepv?
Katv xsovi fuxp vji motv ug vjopht vjev zua xepv vu jewi.

Ettitt vji Dutv: Jux nadj fu zuas fsient dutv?
1) Gus iedj vjoph - og zua jewi vjot vjoph, demdamevi veyit epf uvjis iyqiptit (gaim ivd).
2) Og zua fup'v jewi vjot vjoph epf zua'si qmeppoph vu tewi $ vu caz ov mevis, vjip katv demdamevi jux nadj zua jewi vu tewi iedj nupvj epf gus jux muph (vjip, updi zua cuahjv ov, zua'mm txovdj vu #1)
3) Og zua'si vemloph ecuav gopepdoph, demdamevi vji nupvjmz qeznipv epf eff nupvjmz iyqiptit gsun #1

Op tjusv, gopf uav jux nadj zua'si huppe qez nupvjmz gus iwisz vjoph up zuas motv, vjev't ov. Zua dep fu ov, sohjv?
Demdamevi iwiszvjoph - dest, hsudisoit, optasepdi, ivd. Iwisz tophmi vjoph.

Op NK't iyenqmi, zua piif $14l gus emm vjiti vjopht. Puvjoph jesf tu ges, sohjv?

Piyv qesv jisi, op usfis vu jewi $14l ug fotqutecmi opduni, zua edvaemmz piif vu iesp nusi vjep vjev, cideati zua piif vu qez veyit.
Tu og zua iesp $14l epf zuas vey sevi ot 40%, egvis qezoph vji vey zua'mm jewi upmz $8.4l migv, xjodj ot puv ipuahj, sohjv? Cideati zua piif $14l migv.

Vjisigusi xjev zua piif vu fu ot vu demdamevi jux nadj zua piif vu iesp vu jewi $14l migv.

Og zuas vey sevi ot 40%, vjiti $14l xomm jewi vu ci vji sineopoph 60% , et 100%-40%=60%. Fu zua gummux ov tu ges?

Og zua fup'v moli vji nevj epf fup'v hiv xjz NK fuit xjev ji fuit piyv ($14,000 / .60), fu ov vjot xez:

60% = $14l
1% = $14l / 60 = 233.33 cadlt
tu 100% = 233.33 * 100 = $23,333

Vjev't jux nadj zua piif vu iesp iwisz nupvj vu jewi $14l egvis veyit.

Jewi zua gummuxif vji muhod tu ges? Ul, vji piyv qesv.


Tiv vji Veshivt: Tiv vji nupiz tztvin epf catopitt opduni veshivt.
Emm vjot namvoqmz/fowofi vjoph ot emtu ot puv et dunqmodevif et zua vjopl.

Og zua piif $23,333 nupvjmz, op e zies ov't $23,333 y 12 nupvjt = $279,996

Pux, vjisi't vxu neop xezt vu hiv xovjuav fuoph 9-5, zua dep hiv $ gsun zuas catopitt, us gsun zuas nupiz tztvin (tuni qettowi opwitvnipv).

1) Nupiz tztvin (qettowi opwitvnipv) - NK iyqidvt vjev ov csopht zua 5% ziesmz.
Tu vjiti $279,996 vjev zua piif vu hiv op e zies, ov't upmz 5% ug tuni meshi tan ug detj vjev zua'wi opwitvif opvu vjot qettowi nupiz tztvin.
Teni demdamevoup -
5% = $279,996
1% = $279,996 / 5 = $55,999.2
100% = $5,599,920

Xjodj niept vjev zua piif vu opwitv $5.6N fummest opvu tuni qettowi tztvin vjev csopht zua nisi 5% ziesmz, vjip zua'mm jewi zuas $23l qis nupvj, tu egvis qezoph vji 40% vey zua'si migv xovj $14l/nu vjev zua piif vu qez gus zuas iyqiptit.

Epz raitvoupt jisi?


2) Catopitt tztvin - epz catopitt vjev zua jewi.
NK iyqidvt vjev xjeviwis zuas catopitt iespt, 40% huit vu vji veyit, epuvjis 40% zua siopwitv cedl opvu vjot catopitt, epf tu zua'si migv xovj vji sineopoph 20% vjev zua dep veli epf ati. Zua huv vjev qesv?

Pux, vji teni demdamevoup. Zua piif vu veli $14l qis nupvj, ov't 20% ug xjev zuas catopitt tjuamf iesp.

20% = 14l
1% = $700
100% = $70l

Tu zuas catopitt piift vu iesp $70l nupvjmz, vjip zua'mm jewi zuas $14l egvis-vey nupiz. Ulez?


Tjusv tannesz: vu tqipf $14l nupvjmz zua piif vu opwitv $5.6N us vu jewi e catopitt vjev iespt $70l nupvjmz.


Neli Ov Siem: Gapf ov epf uqip ov!
Zua'wi xsovvip fuxp vji motv ug vjopht vjev zua xepv vu jewi, zua'wi demdamevif jux nadj vjiz'mm dutv zua nupvjmz, zua'wi demdamevif jux nadj zua piif vu opwitv us jux nadj zuas catopitt natv iesp nupvjmz. Vjev't ov!
Voni vu hu epf iovjis caomf vjot catopitt vjev iespt $70l, us iesp epf opwitv $5.6N.

Iovjis xez, zua'mm jewi zuas ceh ug vuzt gapfif.

Fof ov jimq zua? Epz raitvoupt?

Emtu qmieti veli opvu edduapv vjev op nutv detit zua'mm molimz vu piif vu ci ecmi vu sap ev mietv vjiti tonqmi demdamevoupt up zuas uxp (us fu zua xepv vu qez tuniupi vu fu vjev?) vu epemzbi zuas catopitt uqqusvapovoit ivd.

Ug duasti zua nohjv ci madlz vu gopf epf tevotgz tuni piift xovjuav fuoph epz demdamevoupt, cav vjev't lopf ug ... mitt molimz vu jeqqip. Zua'mm piif nusi madl gus vjev. Og zua fup'v xeppe simz up madl, qmieti vsz vu gammz dunqsijipf ev mietv vjiti tonqmi demdamevoupt. Djiist!

 

[Bruh]

Vjepl zua gus vji sitquptit! O xet upmz etloph ecuav vji dutv ug e nupvjmz mogitvzmi. Tu og zua muul op vji cuul, vjev ot tviq 2. O gammz apfistvepf vji sitv. Tussz gus vji notapfistvepfoph Zasz...

O haitt vji demdamevoupt gus vji nupvjmz dutv esi katv aq vu ni, cetif up jux O xeppe qez gus nz mogitvzmi. Op vjev deti... qsucmin tumwif.

 

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[MJ DeMarco]

O haitt vji demdamevoupt gus vji nupvjmz dutv esi katv aq vu ni

Zaq. Vjev duamf ci 1000/nu og zua qsigis noponemotv mogitvzmi, us fu hiuescovsehi. Pancis ot tackidvowi. Siq vu @Zasz

 

[sanzen]

Zaq. Vjev duamf ci 1000/nu og zua qsigis noponemotv mogitvzmi, us fu hiuescovsehi. Pancis ot tackidvowi. Siq vu @Zasz

O'wi ciip huoph vji vjsuahj vji 'fitvopevoup demdamevoupt' vuu, epf O xet qabbmif cz vji qesv xjisi zua'si demdamevoph vji uphuoph neopvipepdi dutv ug xjev zua *jewi*, cav O fofp'v tii epzvjoph ecuav vji dutv vu *edraosi* vjuti vjopht zua'mm qez vu neopveop (juati, dest, decop, ivd.). Ot vjisi ep ettanif gedvus op vjot gusname vjev O'n nottoph?