The Financial Principles That Shaped My Journey (And Can Transform Yours Too)

I’ll never forget the day I opened my bank account and saw my first "big" paycheck. It felt like a milestone—proof that all the hard work was paying off. But within a few weeks, it was gone: rent, a new car payment, and a weekend trip that felt deserved... You know the drill.

Back then, I thought having a high income meant I was on the path to financial success. I didn’t realize how easy it was to let money slip through my fingers—or how much opportunity I was wasting by not having a plan. That was my wake-up call. I decided to learn how money really works, and what I discovered shaped my entire approach to finances—and eventually my career as a fiduciary wealth advisor.

Today, I want to share the financial principles that built my success. These aren’t complicated formulas or industry jargon. They’re simple, actionable strategies anyone can follow. The difference is in applying them with consistency and purpose.

1. Pay Yourself First—and Automate It

Most people live like this: earn money, pay bills, spend on life, and save whatever’s left—if there’s anything left. That approach prioritizes everyone else: the landlord, the utility company, the credit card. But what about you?

Here’s what I’ve learned: you need to pay yourself first. That means treating your savings like any other non-negotiable bill. Decide on a percentage of your income to set aside—20% is a great starting point. If you can stretch to 30% or 40%, especially if you’re a high-income earner, you’ll be amazed at how quickly you can create financial security.

The key is automation. The moment your paycheck hits your account, have a portion transferred automatically to a savings or investment account. Automation eliminates the temptation to spend and turns saving into a habit. Over time, you won’t miss the money, but you’ll notice the growing balance. That’s your financial foundation—your future self will thank you.

2. Make Your Money Work for You

Saving is only half the battle. If your money sits in a low-interest savings account, it’s losing value every day to inflation. To truly build wealth, your money needs to work harder than you do.

This doesn’t mean chasing get-rich-quick schemes or gambling on speculative investments. It means putting your money in vehicles that grow over time—like stocks, real estate, bonds, or low-cost funds and ETFs. The key is to align your investments with your goals, your risk tolerance, and your time horizon. For example, if you’re saving for retirement 20 years from now, you can afford to take on more risk than if you’re planning to buy a house in three years.

Pro tip: automate your investments too. Set up regular contributions to a retirement or brokerage account. This strategy, known as dollar-cost averaging, ensures you’re consistently investing regardless of market conditions. Over time, this reduces risk and allows your wealth to grow steadily.

3. Control Lifestyle Inflation

As you start earning more, it’s easy to justify spending more. A nicer car, bigger house, expensive vacations—it all feels like a reward for your hard work. But lifestyle inflation is one of the biggest obstacles to building wealth.

Here’s the truth: if you’re spending every dollar you earn, it doesn’t matter how high your income is—you’re no better off than someone earning half as much. The goal isn’t deprivation—it’s balance.

Here’s how to keep lifestyle inflation in check:

• Define what matters to you. Spend on the things that genuinely improve your quality of life and cut back on the rest.
• Increase your saving and investing rate as your income grows. Every raise is an opportunity to save more.
• Create a spending plan. Notice I didn’t say “budget.” A spending plan helps you be intentional without feeling restricted.

By being thoughtful about what you spend on and how you save, you’ll ensure your future is as secure as your present is comfortable.

4. Protect What You’ve Built

Building wealth is only part of the equation—you also have to keep it. Too often, I’ve seen people lose years of progress because they didn’t protect what they’d built. Whether it’s poor investment decisions, concentrated risk, or lack of planning, the result is the same: lost time and money.

Here are a few ways to safeguard your wealth:

• Diversify your investments. Spreading your money across different sectors and asset classes reduces risk without sacrificing growth.
• Minimize unnecessary taxes. Strategic tax planning can ensure you’re keeping more of what you earn.
• Have an emergency fund. Life happens. Having 3-6 months of expenses set aside protects you from dipping into long-term investments during a crisis.

Wealth doesn’t just grow—it needs to be managed and protected.

5. Keep Learning and Work with the Right People

No one gets everything right the first time—not even the so-called experts. Navigating the complexities of building wealth is a journey, and trying to figure it all out on your own can lead to costly mistakes.

Before I dove all-in to the finance world, in my early 20s, I fell into the trap of chasing hot stock tips and listening to the noise you hear on TV—and now, online. It was one of those “can’t miss” opportunities everyone was talking about. Without much research—or really understanding what I was buying—I put my money into it, confident I’d see huge gains. Instead, the high-risk stocks eventually tanked, taking a good chunk of my savings with them.

That experience taught me an invaluable lesson: wealth isn’t built on speculation or hype; it’s built on informed decisions, strategic planning, and having the right guidance. The most successful individuals I work with don’t try to master every financial decision alone. Instead, they partner with someone they trust to simplify the complexities, uncover opportunities, and help them stay on track. They focus on their lives and careers, knowing they have a partner helping them make confident, intentional decisions.

Mistakes happen, but they don’t have to derail your future. Working with the right partner can save you time, money, and stress—so you can focus on building a life that’s not just successful, but intentional.

The Real Secret to Financial Freedom

Financial freedom isn’t about how much money you make—it’s about how much you keep, how well you invest, and how intentional you are with every dollar. It’s about creating a life where money isn’t a source of stress but a tool for achieving your goals.

For many of you reading this, the hardest part—starting—is already behind you. Maybe you’ve contributed to your company’s retirement plan, received RSUs, participated in an ESPP, or even invested in real estate. That first step is a major milestone.

But the real challenge isn’t in starting—it’s in getting clear and intentional about your next steps. It’s about knowing how to maximize the opportunities in front of you, understanding how much you should save and invest, and having clarity on your numbers. How much risk and volatility can you handle? Are your investments properly allocated? Are your decisions driven by logic or emotion? These are the questions that separate those who achieve financial freedom from those who stay stuck.

Momentum builds when you take that next step. Whether it’s refining your strategy, rebalancing your portfolio, or finding the right partner to guide you, the key is intentionality. The real secret to financial freedom isn’t just about starting—it’s about doing the right things consistently and confidently.

Let’s Build Your Financial Freedom Plan

If you’re ready to take control of your finances and create a plan that works for you, let’s talk. I’m offering a complimentary wealth strategy call where we’ll:

• Review your current financial picture.
• Identify opportunities to save smarter, invest better, and grow faster.
• Create a simple, actionable plan tailored to your goals.

No pressure, no strings attached—just a conversation about how to move forward. Schedule your call now.

Plan Right. Live Better.

Mateo

Disclaimer: This article is for informational purposes only and should not be considered financial, legal, or tax advice. Always consult with a qualified professional regarding your specific circumstances.