I Will Teach You to Be Rich: The Journal: No Complicated Math. No More Procrastinating. Design Your Rich Life Today.

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So since retirement is no longer a goal, what is? And this led me down the path and trying to understand what I want in life and how my money can help me with that. Some things I am in the process of doing is If you and your partner have a money issue and you want my help, I occasionally select a couple to work with, free of charge. Apply for my help here. So let’s talk about this concept because I like that it’s uncomfortable. I like that it makes you think about your vision for spending. Obviously I’ll link to your new podcast and the journal and iwt.com. Anything else I should put in the show notes just so people can find you? Ramit Sethi: For anyone who has questions and wants to stay focused on their money. We have a money coaching program as well. We do a coaching call every month and we have this amazing community. We’ll send you the link for that.

I Will Teach You to Be Rich: The Journal: No Complicate…

Mad Fientist: So Edinburgh is a really big coffee city actually, and they have great cafes who have lots of people that are passionate and lots of roasters. So I’d maybe go down there and chat to them about potentially learning more from them in some way or if they had any recommendations for what to do for somebody in my situation, I guess.

Personally, I love it. Okay. I like it. So that’s why I don’t hate the FIRE community, but I understand a lot of it because I like a high savings rate. I like seeing compound interest. And I get that, but most people are not like that. Most people are like, I actually wanna go out to this really nice restaurant and know that I can pay for it without worrying. The key message to me is to embrace spending more money than you might otherwise because its value brings you happiness. This is next level optimization to me. It’s about letting go of nominal thinking and fully embracing the value. The key is staring with what you enjoy and then thinking larger. To some this might be a FatFIRE indulgence, but I think it could apply to anyone. Two examples from my life that come to mind: Now, figuring out which side hustle to start is easier than you think. Think about the skills you bring to the table, to start. This was an extremely interesting episode. It’s been on my mind since I listened to it, and it resonated with my partner and me.

I Will Teach You To Be Rich Ramit Sethi - Apple Podcasts I Will Teach You To Be Rich Ramit Sethi - Apple Podcasts

So I’ve heard you on other podcasts where you’re like, you know, people who say they want to change and like, get better at spending, they don’t really mean it, but I, I actually do mean it. You’re not gonna like all of it. Some of it you’re going to be like, okay, that was not worth it for me. But some of it, you’re going to go, oh my God, now I get it. For example, there are certain things that you can only understand once you experience or touch them. It’s worth the discussion and if you follow my negotiation steps , you might just be looking at a dream salary. And it seems a little ironic because by the time people are 40, pretty much their number one worry in life is money. So you go, well, why don’t you just read this book or listen to that podcast, YouTube. And there’s a variety of reasons people don’t, but I don’t want to sit here and berate people. Well, that’s not true. I do a little bit. But what I wanna do is help them start to live their rich life. And so I created this journal, and it’s called a no-numbers journal. So you get it and I want you to imagine giving yourself the gift of 15 minutes, your favorite cup of coffee, a quiet room, and you get to sit down and dream. DeleteMe | If you want to get your personal information removed from the web, go to https://joindeleteme.com/ramitfor 20% off.And you define what it is. And if we start from that premise that you decide what your rich life is and suddenly it becomes a lot more exciting to be able to use money to live that life. And everyone kind of rolls their eyes at that in the Indian culture, but how come we do exactly the same thing in America with money? It’s actually preposterous when you think about it. There are four major components that you simply can’t eliminate completely. They’re housing, utilities, food, and transport. Ramit Sethi: Here’s the thing, I think that sometimes there’s absolutely virtue in using cost as your money lens, right? Like, if I’m going to buy some commodity, I don’t know, nails or something, well, I don’t go to Home Depot, but if I ever did in a like alternate reality, which is my hell, and I walk into Home Depot, yeah, I want the cheapest nails. So when you do that, you can start to actually visualize what’s meaningful to you and you can start to do ’em. I just don’t want people to live a life of, I will do that someday. And then, I mean, what a tragedy to live a smaller life than you have to. What an even greater tragedy to end up 70, 80, 90, with millions of dollars in the bank if you follow the FIRE community, never actually having done the things you want to do.