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The Money Expert: "Do Not Buy A House!" 10 Ways To Make REAL Money: Ramit Sethi

The Diary Of A CEO

7.1M Views . 2023-07-20

In this new episode Steven sits down with personal finance adviser and host of Netflix’s ‘How To Get Rich’. 0:00 Intro 03:05 Why should someone stay and listen to this episode? 04:53 The language of money 06:03 Numbers we should know 09:47 How many people are clear on their rich life 15:40 Why people should think twice about buying a houses 26:00 The S&P500 & investing 37:00 Compound interest calculator 44:20 What are the characteristics of someone that will end up little money 47:44 How do I increase my income? 51:47 Optimising your skill sets 59:11 Should I invest in cypto 01:04:13 Always have 1 year of emergency funds 01:04:52 How much to invest & what you shouldn't question spending money on 01:06:30 Business class flights 01:07:54 Always buy the best 01:08:38 Always spend on these 2 areas 01:11:16 Work only with people you like 01:12:59 don't get caught up in the numbers 01:14:02 Talking about money with a partner 01:29:09 Character traits of people that will never get rich 01:33:18 The last guest's question Follow Ramit: Instagram: https://bit.ly/3Om30Gw Twitter: https://bit.ly/3NXDNAH My new book! 'The 33 Laws Of Business & Life' pre order link: https://smarturl.it/DOACbook Join this channel to get access to perks: https://bit.ly/3Dpmgx5 Follow me:  Instagram: http://bit.ly/3nIkGAZ Twitter: http://bit.ly/3ztHuHm Linkedin: https://bit.ly/41Fl95Q Telegram: http://bit.ly/3nJYxST Sponsors:  Huel: https://g2ul0.app.link/G4RjcdKNKsb Whoop: http://bit.ly/3zNvvop

Ramit Sethi, financial expert and New York Times best-selling author, shares his wealth building advice and debunks common money myths, highlighting the importance of perspective and mindset in achieving financial success.

Financial Advice
Ramit Sethi
Money Mindset

  • Ramit Sethi, a financial expert and New York Times bestseller, has over 20,000 documented success stories, focusing on the idea that anyone can live a rich life regardless of their background or income.
  • Sethi challenges the belief that simply earning more will solve financial problems, suggesting that many people with high incomes still struggle because they haven't developed the right mindset and approach to money.

Insights from the YouTube Video Review:

1. The Power of Mindset: This review highlights the importance of perspective and mindset when it comes to money. The reviewer emphasizes that having the "right philosophy" towards money is crucial for achieving financial success. This suggests that the video likely focuses on shifting limiting beliefs about money and replacing them with a more empowering approach.

2. Debunking Money Myths: The reviewer states that Ramit Sethi debunks myths about money and confronts unhelpful advice. This indicates that the video may provide valuable insights into common financial misconceptions, offering a fresh and potentially more effective approach to wealth creation.

3. Beyond Income: Focusing on Spending and Investment: The video review emphasizes the importance of spending

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