I didn't realize I spent $35,000 on bed sheets.

Sometimes you just spend money and I don't really think about it.

That's coming from a guy who spends around $200,000 a month.

That's the ballpark.

And the reason I say that's the ballpark is because even Neil doesn't know exactly how much he spends.

I don't keep track of my expenses every month.

All right, everyone, so that is my friend Neil Patel. He's a really popular entrepreneur and marketer, and $200,000 is a lot of money. But Neil's spending wasn't always like this. In fact, years ago, something like 10 years ago, he had a blog post that I remember reading when I was just starting out my business career. And he said something like he only needs to spend around $15,000 a month to be happy. And so it begs the question, what changed? So in this episode of MoneyWise, we're going to learn why it's changed, how it's changed, and we're going to get some valuable takeaways on how you should approach your monthly spending. What's happening, everyone? I'm Sam Parr, and this is MoneyWise. There's a ton of podcasts out there and resources that teach you how to be wealthy and how to make money, but there aren't that many resources that try to teach you how to handle life changes that wealth brings. I'm the co-founder of Hampton, a private, highly vetted community for CEOs, business owners, those types of people. Most of the people do on average around $25 million a year in revenue. And so I'm able to see tons of conversations about wealth, how to handle all the changes that come with it, how to spend, how to save, all these types of questions that typically aren't happening out in public. And by the way, if you are a CEO of a company, you own a business that does at least $2 million in revenue, check it out. Joinhampton.com. In this podcast, money-wise, we talk about real numbers from real people who are doing things that typically are only spoken about behind closed doors.

The people who come on, they're going to be radically transparent about numbers. Sometimes they're anonymous, sometimes they're not.

In today's episode, we're going to talk about monthly spend. And the guest is Neil Patel.

All right, before we get into Neil and his spending and all that good stuff, we need to set a little background here.

I need to tell you how rich Neil is and how he made his money.

The first thing you should know about Neil is that he's self-made and almost entirely from bootstrap companies.

Funny enough, I made my most money as entrepreneur and all my bootstrap ventures.

I made the least amount of money from all my bootstrap ventures. I made the least

amount of money from all my venture-backed businesses. His biggest business is called Neil Patel

Digital, and it's a bootstrapped agency that specializes in the SEO, and it breaks in around

$100 million a year in revenue. Along with the agency, Neil Patel Digital also owns a handful of

software companies. We stop counting, and we don't look at it as how many businesses anymore, because we're buying.

We buy a lot every single year and we just merge them into the main parent companies.

Aside from the agency, one of the biggest software companies that Neil Patel Digital owns is called

Crazy Egg. It's a software that helps track your website visitors.

Crazy A was probably the largest business I ever created and then took the money from that

...