How to Design a Rich Life at Any Income with Ramit Sethi
#237: Start living your rich life today regardless of your income. Learn how to spend without guilt, track the four key financial numbers that matter most, harness the power of decisiveness, and avoid the common traps that hold people back as their income grows.
Ramit Sethi is a personal finance expert and the NYT bestselling author of I Will Teach You to Be Rich. He hosts the popular Netflix show, How to Get Rich, and the Money for Couples podcast.
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Resources Mentioned
Ramit Sethi: Website | X | Instagram
- Money for Couples: Book | Podcast | YouTube
- Earnable Program
ATH Podcast
- Ep #91: Die With Zero: Net Fulfillment Over Net Worth with Bill Perkins
- Leave a review: Apple Podcasts | Spotify
- Email for questions, hacks, deals, and feedback: podcast@allthehacks.com
Full Show Notes
(00:00) Introduction
(02:23) How Much Money Do You Actually Need to Live a Rich Life?
(04:25) Identifying Money Dials to Live a Rich Life
(06:16) The Four Key Numbers You Need to Track Your Finances
(12:02) How to Learn the Skill of Spending Money
(17:58) Ways to Reframe How You Look at Costs
(23:02) Analyzing How Optimizers Spend
(26:37) Why It's Important to Find Your Worry-Free Number
(28:38) Spend Money Based on the Stage You’re in Life
(34:48) The Role of Income (& Side Hustles) in Your Rich Life
(38:41) Why You Have to Be Honest About Your Rich Life
(40:25) Tackling Big Financial Decisions
(43:27) Why Ramit Thinks Lifestyle Creep Is a Myth
(45:04) How Chris and Amy Decided to Sell Their Vacation Home
(48:13) The Power of Being Decisive and How to Build the Skill
(54:56) Biggest Traps People Face When Moving Up the Wealth Ladder
(58:40) How AI Has Impacted the Way People Manage Their Finances
(1:01:17) Ramit's Challenge for You to Live Your Rich Life
(1:03:34) Where to Find Ramit, His Book, and Other Work
Connect with Chris
Newsletter | Membership | X | Instagram | LinkedIn
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