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Most People Get Their Budget Wrong (Here's Why) | #Budgeting - Ep. 16
📥 FREE Interactive Budget Blueprint → https://www.automaticwealthacademy.com/the-interactive-budget-blueprint
(Set up your personal 70-10-10-10 budget in 5 minutes. No guesswork, no confusion)
---
Most people think their money problem is a math problem. It's not. It's a mind problem — and once you see it, you can't unsee it.
In this video, I show you the 70/10/10/10 framework — a simple, proven system that tells you exactly where every dollar should go the moment it arrives, before your brain gets involved and life gets in the way. No willpower required. No complicated spreadsheets. Just a clear structure that quietly builds wealth in the background while you live your life in the foreground.
WHAT YOU WILL LEARN:
- Why giving yourself a raise doesn't solve the problem (and what actually does).
- The ant and spider story that completely changed how I think about money
- How I saved more in one month than in the entire previous year — using one simple change
- The 4 buckets every dollar needs to go into, and exactly how to split them
- Why investing even $300/month can build a $175,000 portfolio in 20 years
- How to automate the whole system so it works without you thinking about it
CHAPTERS:
00:00 Money Mindset Shift
00:55 Like and Subscribe Break
01:23 The Pen Line Trap
02:36 Testing Your Savings Limit
05:34 What Freedom Really Means
07:13 Why Budgets Fail
09:06 70 Percent Living Bucket
11:36 10 Percent Grow Income
13:35 10 Percent Invest Passively
15:23 10 Percent Giving Habit
16:50 Automate Your Buckets
18:37 Free Budget Blueprint
---
SUBSCRIBE HERE: / https://www.youtube.com/@MyAutomaticWealthAcademy
WHO IS ANDREA VAN SCHALKWYK
Andrea is an Italian–South African, born and raised in Lusaka, Zambia, and a Value Investor who believes managing money shouldn’t be stressful or confusing.
After living in Italy for 20+ years and travelling through 60 countries, he has learned one thing: everyone deserves financial stability, even with a full-time job, a family, and very little free time.
Through the Automatic Wealth Academy and articles published on major financial platforms, like Business Insider, Nasdaq, Yahoo Finance and GuruFocus, he helps people simplify their finances, stop living paycheck to paycheck, and finally build the kind of calm, predictable wealth that brings peace of mind.
---
DO YOU WANT TO HAVE FINANCIAL FREEDOM?
Download "The 5 Stages of Financial Freedom", and you will Receive the Practical Roadmap to Go from Survival to Wealth.
https://www.automaticfinancialfreedom.com/the-five-stages-of-financial-freedom
Financial freedom is more than having money, it’s having control over your time, choices, and future. Understanding your current stage allows you to take targeted, effective steps to progress and achieve generational Wealth.
---
CONNECT WITH ANDREA | SOCIALS & WEBSITE:
🌎 Website - / https://www.automaticwealthacademy.com/
𝕏 Twitter/X - / https://x.com/awealthacademy/
📸 Instagram - / https://www.instagram.com/automaticwealthacademy/
👨💼 Linkedin- / https://www.linkedin.com/in/andreavanschalkwyk/
🙂📘 Facebook - / https://www.facebook.com/automaticwealthacademy/
---
DISCLAIMERS & DISCLOSURES:
This content is for educational purposes only and should not be considered personalized financial, investment, or tax advice. Always evaluate your own financial situation and conduct thorough research before making investment decisions. All investments carry inherent risks, and past performance doesn't guarantee future results.
#JimRohn #InvestingStrategy #StockMarket #WealthBuilding #LongTermInvesting #FinancialFreedom #InvestmentTips #ElizabethWarren #ValueInvesting #PortfolioManagement #andreavanschalkwyk #automaticwealthacademy #psycologyofmoney #Budgeting
View all episodes
By Andrea van Schalkwyk📥 FREE Interactive Budget Blueprint → https://www.automaticwealthacademy.com/the-interactive-budget-blueprint
(Set up your personal 70-10-10-10 budget in 5 minutes. No guesswork, no confusion)
---
Most people think their money problem is a math problem. It's not. It's a mind problem — and once you see it, you can't unsee it.
In this video, I show you the 70/10/10/10 framework — a simple, proven system that tells you exactly where every dollar should go the moment it arrives, before your brain gets involved and life gets in the way. No willpower required. No complicated spreadsheets. Just a clear structure that quietly builds wealth in the background while you live your life in the foreground.
WHAT YOU WILL LEARN:
- Why giving yourself a raise doesn't solve the problem (and what actually does).
- The ant and spider story that completely changed how I think about money
- How I saved more in one month than in the entire previous year — using one simple change
- The 4 buckets every dollar needs to go into, and exactly how to split them
- Why investing even $300/month can build a $175,000 portfolio in 20 years
- How to automate the whole system so it works without you thinking about it
CHAPTERS:
00:00 Money Mindset Shift
00:55 Like and Subscribe Break
01:23 The Pen Line Trap
02:36 Testing Your Savings Limit
05:34 What Freedom Really Means
07:13 Why Budgets Fail
09:06 70 Percent Living Bucket
11:36 10 Percent Grow Income
13:35 10 Percent Invest Passively
15:23 10 Percent Giving Habit
16:50 Automate Your Buckets
18:37 Free Budget Blueprint
---
SUBSCRIBE HERE: / https://www.youtube.com/@MyAutomaticWealthAcademy
WHO IS ANDREA VAN SCHALKWYK
Andrea is an Italian–South African, born and raised in Lusaka, Zambia, and a Value Investor who believes managing money shouldn’t be stressful or confusing.
After living in Italy for 20+ years and travelling through 60 countries, he has learned one thing: everyone deserves financial stability, even with a full-time job, a family, and very little free time.
Through the Automatic Wealth Academy and articles published on major financial platforms, like Business Insider, Nasdaq, Yahoo Finance and GuruFocus, he helps people simplify their finances, stop living paycheck to paycheck, and finally build the kind of calm, predictable wealth that brings peace of mind.
---
DO YOU WANT TO HAVE FINANCIAL FREEDOM?
Download "The 5 Stages of Financial Freedom", and you will Receive the Practical Roadmap to Go from Survival to Wealth.
https://www.automaticfinancialfreedom.com/the-five-stages-of-financial-freedom
Financial freedom is more than having money, it’s having control over your time, choices, and future. Understanding your current stage allows you to take targeted, effective steps to progress and achieve generational Wealth.
---
CONNECT WITH ANDREA | SOCIALS & WEBSITE:
🌎 Website - / https://www.automaticwealthacademy.com/
𝕏 Twitter/X - / https://x.com/awealthacademy/
📸 Instagram - / https://www.instagram.com/automaticwealthacademy/
👨💼 Linkedin- / https://www.linkedin.com/in/andreavanschalkwyk/
🙂📘 Facebook - / https://www.facebook.com/automaticwealthacademy/
---
DISCLAIMERS & DISCLOSURES:
This content is for educational purposes only and should not be considered personalized financial, investment, or tax advice. Always evaluate your own financial situation and conduct thorough research before making investment decisions. All investments carry inherent risks, and past performance doesn't guarantee future results.
#JimRohn #InvestingStrategy #StockMarket #WealthBuilding #LongTermInvesting #FinancialFreedom #InvestmentTips #ElizabethWarren #ValueInvesting #PortfolioManagement #andreavanschalkwyk #automaticwealthacademy #psycologyofmoney #Budgeting