How To Build Wealth From Zero Using Relentless Frugality | Graham Stephan
The Daily Motivation
Lewis Howes
4.8 • 960 Ratings
🗓️ 15 May 2026
⏱️ 6 minutes
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| 0:00.0 | Hi, my name is Lewis Howes and welcome to the Daily Motivation Show. |
| 0:11.2 | What would you say are the three habits that you started to develop early on when you didn't |
| 0:17.1 | have a lot of money into becoming a millionaire? |
| 0:20.6 | Could you think back on three specific habits that supported you from going from |
| 0:25.9 | 50 to $100,000 a year to breaking into the first million? |
| 0:30.4 | Yeah, I would say definitely consistency. |
| 0:33.7 | I was relentless in just keeping the same habits over and over and over again. I would then say it was the focus of just, I had one goal in mind of just like, I'm going to do this one thing. I'm doing really, really, really well. It's all I wanted to do. And I would also say, saving money. I mean, I lived really, really, really frugally. You're obsessed about that? Probably. Too frugal. I was too frugal. You were like every penny. I can't go out and have an extra sushi. I can't eat out. Oh, not even. I wouldn't even do the sushi. It was probably unhealthy. I mean, looking back, like, I can't have regrets about it. But but I mean, it got to a point where I remember, |
| 1:13.3 | I was talking about this yesterday, I was calculating the cost of gas to go and visit a friend, |
| 1:18.9 | and I determined, it's how bad it is though, like the cost of gas was not worth the time |
| 1:24.7 | I would be able to spend with his friend. And I did the analysis on that |
| 1:30.1 | and thinking, well, if I'm only going to see you for two hours and it's going to cost me X amount, |
| 1:34.1 | like, that's stupid. Like, I should not be looking at it like that, but that's how I was in the |
| 1:39.1 | beginning. Where did that come from? Is that like a childhood learned behavior did you model that from somewhere where you just |
| 1:45.5 | like why did you feel like you needed to be so obsessive about every penny and decisions of like |
| 1:51.8 | driving to see a friend is it worth the money like when yeah um a lot of it i thought of like how |
| 1:58.3 | much i would be making or the cost of like my time and then extrapolating from |
| 2:03.4 | there like what my time is worth doing certain activities. There was also another point I must |
| 2:09.2 | have been like 15 years old maybe 16 age just got my driver's license and I remembered like how far $20 could get you. And I was like, |
| 2:20.1 | okay, if I have $20 and that's my budget and that's what I'm spending, I could put $10 in the gas |
| 2:25.8 | tank. I could, you know, spend $5 in a subway footlong sandwich. And that's like two meals |
| 2:30.4 | to $2.50 per meal. And then I have another $5 left over for like mislain. |
| 2:34.4 | Like I remember breaking it down to that degree. And then just from there, you know, taking |
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