How Nick Huber Stays Humble with a $50m Net Worth and 25k Burn
How Nick Huber Stays Humble with a $50m Net Worth and 25k Burn  
Podcast: Moneywise
Published On: Tue May 27 2025
Description: 127 founders (net worth: ~$1M–$100M+) opened up their personal books. Want to see how your finances stack up? https://www.joinhampton.com/wealth-reportHe’s worth 8 figures, owns a private jet, and still tracks every dollar. Nick Huber says avoiding lifestyle creep is harder, and more important, than getting rich.Here’s what we talk about:How Nick Huber built an 8-figure net worth from sweaty startups and smart real estate plays.Why he keeps over $2M liquid and doesn’t touch stocks.His exact monthly burn (yes, including the jet) and how he keeps it under $25K.The psychology behind lifestyle creep, and why he’s borderline paranoid about fixed costs.Why he’d rather live modestly than risk losing what he’s built.The emotional rollercoaster of lumpy cash flow, $900K tax bills, and late-night financial dread.How he justifies buying a private jet.His next goal: $1M/month in personal profit, and why he's not trying to be a media mogul along the way.Cool Links:Hampton https://www.joinhampton.com/Lower Street https://www.lowerstreet.co/Nick’s Stuff  https://www.nickhuber.com/Chapters:(00:00) Introduction to Nick Huber's Success(00:48) Nick Huber's Financial Journey(01:20) Breaking Down Net Worth and Assets(03:12) Cash Flow Management(05:16) Nick's Humble Beginnings(08:49) Entrepreneurial Lessons and Challenges(13:44) The Rise of Storage Squad(17:42) Maintaining Frugality Despite Wealth(20:10) Managing Lifestyle Creep(22:09) The Justification for Owning a Jet(24:11) Avoiding Fixed Costs(24:56) Balancing Ego and Humility(30:45) The Role of Media in Entrepreneurship(35:57) The Emotional Roller Coaster of Entrepreneurship(39:16) Conclusion and Final ThoughtsThis podcast is a ridiculous concept: high-net-worth people reveal their personal finances.Inspired by real conversations happening in the Hampton community.Your Host: Harry MortonFounder of Lower Street, a podcast production company helping brands launch and grow top-tier podcasts.Co-parents a cow named Eliza.