The Game with Alex Hormozi Why You Should Live On $1500 a Month | Ep 471
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Dec 13, 2022 
Entrepreneur Alex Hormozi talks about the benefits of living on $1500 a month, including managing costs, increasing risk tolerance, and treating money like a game. He also shares advice on approaching opportunities and maximizing profit per customer.
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Use Cheap Chain Meals To Save Time
- Do use convenient low-cost chain meals (Chipotle, Panda Express, Chick-fil-A) to save time and control food spend.
- Expect to spend roughly $15–$20 per day, about $600–$700 per month on this approach.
Staples For Extreme Low-Cost Eating
- Try the absolute cheapest staples (bread, peanut butter, milk) if you need to minimize calories cost to near $100/month.
- Use them as supplements, not necessarily as your only food source if you want better quality of life.
Buy A Used Car In Cash
- Buy a reliable used four-door car with cash to avoid monthly payments and reduce insurance costs.
- Aim for a 5–10 year old vehicle around $10,000 to minimize ongoing expenses.