Grow the Gap
Cut the Big 3, grow your income, and flip your financial flow
Grow the Gap
Video coming soon
Scroll down to complete Trailmix Wealth community polls and activities related to this lesson!
External ToolActivity 1: Flip Your Financial Flow
Most people's money flows account → bills → maybe savings if there's anything left. Flip it: income hits, savings + investments + debt payments auto-pull first, and what's left is yours to spend guilt-free. Sequence automates that flip.
Activity 2: Big 3 Expense Levers
Most budgets have three areas that dwarf everything else: housing, transportation, and food. For each category below, write your current monthly spend and one realistic strategy to reduce it.
Activity 3: Income Opportunities
How many hours per week do you have available beyond your current job or obligations? What could you do with that time?
Activity 4: Debt Paydown Plan
Using the debt list from Level 2, decide which debt to tackle first and how much extra you can direct toward it each month.
Michael's book pick for this topic is on the way. In the meantime, browse the full bookshelf.
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Related Tools & Resources
Platforms Michael uses that are relevant to this lesson. These are affiliate links to support our work bringing free, advanced wealth-building education to all.
Sequence
The money-routing app that automatically splits every paycheck across your bills, savings, and investments.
Monarch Money
The budgeting app I actually use. Clean interface, tracks net worth, joint accounts for couples. 50% off your first year.
SoFi Bank
High-yield savings, Roth IRA, and brokerage all in one place. Up to a $400 welcome bonus for new accounts.