About this episode
#9: Bestselling author Ramit Sethi joins Chris to talk about what living a rich life really means and how to start living one. They also discuss money rules that make your finances easier, the invisible scripts society has created to control our financial lives and how couples can better their tackle money issues. Ramit Sethi ( @ramit ) is the author of I Will Teach You To Be Rich , a New Times Bestselling book with over a million copies sold. He also publishes a newsletter and runs programs about money, work and life at iwt.com . Full show notes available at: https://www.allthehacks.com/live-your-rich-life-ramit-sethi Partner Deals For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals Resources Mentioned Connect with Ramit Sethi: Website | Twitter | Instagram Ramit Sethi’s Book: I Will Teach You To Be Rich Money Rules: Ramit's 10 Money Rules Travel meaningfully: Airbnb Experiences Full Show Notes (01:10) What does it mean to be rich? (02:40) Ramit's rich life (05:31) Two conflicting money messages: Ignore both and do this (08:04) Five essential personal finance questions (10:04) The true cost of homeownership: Why a house isn't always a great investment (16:38) Negotiate like an Indian: Just ask (17:44) Timing and place for negotiation (19:20) Unconventional items to negotiate (20:45) Spend less or make more: The priority (22:44) First step for financial order (28:19) A rich life: Not shopping by price (29:47) Overthinking $3 purchases (30:50) Couples' money missteps (33:57) Perception of being cheap (35:42) Neglected financial education demographics (37:57) When savings become excessive (39:39) Paying cash for trips and optimizing time (45:04) Your journey after making enough money (48:50) Ramit's travel hacks (53:04) The book buying rule (53:45) Ramit's 10 money rules for easier decisions (58:03) A financial challenge (58:53) Investing: Embrace the boredom Connect with All the Hacks All the Hacks: Newsletter | Website | Membership | Email Chris Hutchins: Twitter | Instagram | Website | LinkedIn Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices