349: Ramit Sethi - Living Your Rich Life

Ramit Sethi (IG: @ramit) is the author of the New York Times bestseller, I Will Teach You To Be Rich, and has become a financial guru to millions of readers in their twenties, thirties, & forties. He started his website, iwillteachyoutoberich.com, as a Stanford undergraduate in 2004, and he now hosts over a million readers per month on his blog, newsletter, & social media. In this episode, we discuss: Ramit's got lucky playing the stock market in the early days Why Ramit developed his own philosophy about money Focus on 3 big wins in your life Starting the blog, I Will Teach You To Be Rich A rich life is about more than money Creating a conscious spending plan Ramit's guide to automating your finances Ramit's favourite checking, savings, & credit card accounts Savings vs. investing Real money is made by investing Emergency fund recommendations How to negotiate your salary Be in control of your money Target date funds change automatically as you age Index funds need to be rebalanced periodically Should you start investing if you're in debt? What is your debt pay off date? Is real estate a good investment? Leasing vs. buying a car Do you need a financial advisor? What to do with your money during the Coronavirus (COVID-19) pandemic Opportunities to make money are everywhere You must believe your business is important Show sponsors: Organifi Perfect Keto Beekeeper's Naturals Related links: Ramit Sethi - I Will Teach You To Be Rich (book) Ramit Sethi's website (I Will Teach You To Be Rich) Follow Ramit Sethi on Facebook, Instagram, and Twitter I Will Teach You To Be Rich - Negotiating Salary (Ramit's course) Earnable (Ramit's course) Thomas J. Stanley - The Millionaire Next Door (book) Warren Buffett (books) Related episodes: 328: Kyle Cease – The Illusion Of Money, Sitting In Silence, Social Media Boundaries 327: Eric Thomas – The Secret To Success, Learn By Teaching, We All Need Inspiration 318: Michael Hyatt – Achieve More By Doing Less, Work Productivity Hacks, The Power Of Constraint 307: Elizabeth Willard Thames aka Mrs. Frugalwoods – Financial Independence Through Simple Living 149: Jen Sincero – Make Money By Mastering The Mindset Of Wealth Note: Some of the links above are affiliate links. Making a purchase through these links won't cost you anything but we will receive a small commission. This is an easy, free way of supporting the podcast. Thank you! How can you support our podcast? 1. Apple users, please subscribe and review our show on Apple Podcasts, we make sure to read them all. Android users, be sure to subscribe to our show on Google Podcasts. Subscribers never miss any of the action ;) 2. Tell a friend about The Ultimate Health Podcast. They will surely thank you later. You can use the envelope button below to email a friend or tell them about TUHP in person. 3. Join TUHP Facebook community (FREE). This is where we all stay in touch and ask questions in between episodes. Join our community. 4. Follow our adventures on our favourite social media platform, Instagram. 5. Download The Ultimate Health Podcast app (FREE). This way you'll have our whole library of episodes right at your fingertips. Download our iOS/Apple app or our Android app. 6. Share using the buttons below. Thank you!