$300k Monthly Lifestyle Inflation
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Sam Parr shares a brief story about a friend's extreme monthly spending habits.
"We have a friend who told us that they are currently spending $300,000 a month and I was gasping. I was like 'I can't comprehend that.' And then they listed it all out and I was like 'yeah that definitely adds up.' I've got another friend that spends $80,000 and I'm gasping right, but I guess like everything changed when you get to different levels."
Note: While Sam mentions this story, he doesn't actually share the breakdown of how his friend spends $300,000 per month, so I've kept the story to just what was explicitly stated in the transcript.
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.