Stop Spending Your Spring Rush Profits! (How to Avoid Lifestyle Creep)
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What is lifestyle creep and why does it matter during the spring rush?
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Hello and welcome to the Green Industry Podcast, your go-to guide for building a more profitable and thriving lawn care and landscaping business. Your host, Paul Jameson, is the author of five best-selling books, including Cut That Grass and Make That Cash, and his latest, Level Up Your Money. All available on Amazon and Audible. Now, get ready for more expert insights and practical strategies. Strategies to boost your business and level up your life. Here's Paul Jamison.
Welcome back to the show. I'm Paul Jameson down here in beautiful sunny Florida. I hope business is booming for you. We are in the middle of the spring rush at the recording of this episode. And I wanted to talk today about what we call lifestyle creep. And that is when thankfully money is flowing into our bank accounts. If we're not careful, we'll start increasing. Increasing our lifestyle too fast because we think, yeah, well, you know, business is booming. I can afford A, B, C, D, E. I mean, you just go down the list and you start acting like this big baller. And then the next thing you do. You wake up in the middle of winter and I get emails. You email me, Paul, I'm broke. How wha what do you do in the winter?
I'm broke. Well But we'll talk about it. You don't have to be broke next winter. Uh, but if you spend all the money you're making right now, you're falling back in the, you know, possible old tendencies there. So we're gonna talk about it. I actually uh talked with Mr. Producer about this. Uh we put out a new book, Level Up Your Money, and uh we we had a fun chat about lifestyle creep. So so here's Mr. Producer to talk about it.
Not a single one of us is immune to lifestyle creep. Subscriptions uh just keep showing up there on the bank statement. Subscriptions keep going up. Uh now we're paying for our pets to have food delivered uh to the house. Where where does it stop? How do we make it stop, Paul?
Well, first of all, it by tracking your expenses when you 'cause a lot of people don't track their expenses, so they don't even see that nineteen dollar ninety nine cent subscription. And so I think by tracking you can actually Um recognize o You know, why did I pay that? And then I think accountability is huge. My little brother, we we talk on the phone and he gets he gets hard on me for for uh lifestyle creep. So
So where where tell be honest with us here, where in your budget do you experience lifestyle creep? What what expenses do you need to do a better job with? Be honest. Be honest.
Yeah, um travel. Uh uh traveling is more expensive than you think. Um so I I went on a golf trip. And it was so expensive. Uh my buddy's like, Hey, you wanna go you wanna go golfing? in the Dominican Republic and I was like, Yeah, let's go. And um this was on a Saturday, we're golfing in Tampa. He's like, Hey, you wanna go play uh Tuesday with me down in the D R? And I was like, Sure. This guy makes big money and I I'm I I'm not at not quite at his level, but um So I was like, okay, so I I had some airline um credits from a from a airline. I had think I had like three or four hundred dollars. uh just from previous trips that got rescheduled or whatnot. So it's like, okay, well my flight shouldn't be too bad.
How does Paul describe the danger of increasing expenses when business is booming?
And um they're just like, yeah, it's dangerous down there. You're gonna get heckled when you get out of the airport, yada, yada, yada. So just make sure you stay at the resort. on the golf course 'cause it's there's a gate. When you approach the golf course and the hotel and the golf course are in a gated, secured area. So they're just like, don't go outside that gate. You know, 'cause I like to walk.
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Chapters
8 chapters
1
What is lifestyle creep and why does it matter during the spring rush?
0:00–4:05
2
How does Paul describe the danger of increasing expenses when business is booming?
4:05–7:40
3
What personal travel stories illustrate how lifestyle creep can sneak up on you?
7:40–14:16
4
How can tracking every expense and using accountability stop lifestyle creep?
14:16–20:33
5
What daily percentage‑of‑revenue saving system does Paul use to protect his profits?
20:33–26:12
6
How do separate “bucket” accounts help build an emergency fund and cover taxes?
26:12–33:20
7
What is the biblical Joseph Principle and how does it apply to the spring‑to‑winter cash flow?
33:20–34:32
8
What final actionable steps and resources does the episode recommend for avoiding lifestyle creep?
34:32–35:24
Speakers
2 identifiedMore from Green Industry Podcast
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