The 65/20/15 Rule That Could Make You a Millionaire (No Matter Where You Start)
Let me ask you something…
What if I told you that most people stay broke not because they don’t make enough money,
…but because no one ever showed them how to use it?
No budgeting app, no fancy investment strategy, no crypto meme coin can fix what most people never learned:
Financial literacy.
And the worst part?
We spend our youth learning calculus and Shakespeare, but never once talk about what a RRSP or 401(k) is, how compounding works, or why lifestyle creep is a dream killer.
So this week, I want to give you something simple.
A roadmap. A reset. A reminder that you don’t need to be rich to build wealth.
The 65/20/15 Rule That Changed My Perspective
Here’s the simple budgeting rule I wish someone had told me in my 20s:
65% for essentials, rent, groceries, bills
20% for fun, yes, guilt-free fun: movies, dining, your Spotify addiction
15% for Future You, investing, savings, extra loan payments
Not sexy. But it works.
And if you’re thinking, “But I don’t even have 15% left over,”
…don’t worry, we’re getting to that.
The 4 Steps to Take Control of Your Money
If you're overwhelmed with where to begin, just follow these four steps in order:
Build a Peace-of-Mind Fund
One month of your core living expenses. That’s it. Just to breathe easier.Kill High-Interest Debt
Anything over 8% is like carrying a leak in your financial boat.Emergency Buffer (3–6 Months)
You never want one unexpected bill to ruin your month or your mindset.Start Investing, Even $10/month
Because saving alone won’t get you to freedom. Investing is the only shot.
Saving ≠ Growing
Here’s the tough truth:
If you’re parking your money in a savings account earning 2%…
…and inflation is 3%?
You’re getting poorer every year, quietly, invisibly.
That’s why investing matters.
And no, I don’t mean day trading or chasing the next meme stock.
I’m talking about boring, proven tools like:
Index funds (e.g., S&P 500 ETFs)
Target-date retirement funds (automatically adjust with your age)
Tax-advantaged accounts like Roth IRAs or TFSAs
“But I Don’t Make Enough To Invest…”
Then your #1 financial goal should be to increase your income.
This could be:
Asking for a raise
Switching to a higher-paying company
Freelancing on weekends
Starting a tiny digital side hustle
More income = more options = more freedom.
And trust me, you’re not stuck.
Should I Buy a House?
Ah yes, the classic Canadian dream.
But here’s something most people don’t consider:
Buying a home is a lifestyle choice, not always a good investment.
Yes, it gives stability. But when you factor in:
Closing costs
Maintenance
Property taxes
And 25 years of interest…
You might be better off renting and investing the difference in the stock market.
Think before you lock yourself into a mortgage out of social pressure.
Let’s Talk Emotions
Look, I get it.
Money is emotional.
We all carry baggage, maybe your parents fought about money… or you grew up thinking rich people were greedy… or you fear investing because “the market is gambling.”
Here’s what I’ll say:
Money is a tool.
Not your identity. Not your enemy. Not your self-worth.
But if you learn how to use it, you can design a life you actually want.
Purpose > Paycheck
The woman in the podcast I listened to this week left a high-paying banking job, not because she wasn’t successful,
…but because she realized money means nothing if it’s not aligned with meaning.
That really stuck with me.
We spend decades climbing ladders we don’t want to be on.
We wait for “someday” to finally start living.
We trade time for a paycheck… instead of building time freedom.
What if we changed that today?
Free Money? Webull Is Offering It
If you're ready to start investing and stop waiting…
Webull is giving away $50 + 2% deposit match when you sign up using my link.
That means:
Deposit $500? You get $60 free.
Deposit $1,000? You start with $70 free.
No fees. No gimmicks. Just a better on-ramp to wealth.
👉 Join today using my referral link.
Use that first $50 to buy your first index fund or blue-chip stock.
You’ll thank yourself in 10 years.
Final Thought
You don’t need to be rich to build wealth.
You just need a system, a strategy, and a reason.
Use the 65/20/15 rule.
Follow the 4 steps.
Increase your income.
Start investing, even with $10.
And most of all, align your money with your values.
Because at the end of the day, money can’t buy happiness…
…but it can buy time, freedom, and peace of mind.
See you next week.
— Yasin
Really like this one Yasin, simple, clear, so true.