Mike Michalowicz
speaker
1,537 appearances
2 recordings
1 series
first heard Feb 2026
last heard 20 Feb
Mike Michalowicz’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Feb 2026 with 2.
Appearances
Well, when it comes to survivability, we need those physiological needs.
We need to eat.
We need food.
We need water.
We need shelter.
So that's what the needs account is.
The income account, which is the first account, is simply a depository account.
Money flows in there.
It's deposits of your household income.
If you're the sole breadwinner, it's the money you're earning.
If you have collective earners, it's the collective money that's being contributed to the household.
That's our starting pot.
But historically, that's just the one big pot, and we know the danger of that.
That's a woolly mammoth, and it's rotting away.
So we need to carve it up.
The first account we carve to support our basic needs
And in my book, I identify based upon your income level.
If you're a young but profitable person making $100,000 or more a year, the percentage you put toward needs may be less than if you're making $50,000 a year.
If you're making $50,000 a year, 80% of your money may be going to support your core needs to live in the United States.
But if you're making $100,000 a year, maybe it's only 60% or 50%.
Showing 1161–1180 of 1,537 · page 59 of 77
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