55. “My top 5 lessons from one year of interviewing couples about money”
Money For Couples with Ramit Sethi
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Lesson Number Three - Money Myths
A lot of people feel guilty spending, and they have all these peculiar things about blueberries. To fix this, you can use a conscious spend plan. It breaks your spending down into four categories: fixed costs, saving, investing and gilt free spending. Lesson number three is, beware of money propaganda. There are many money myths and lies out there that you need to beware of. For example, i don't want to invest because it feels like gambling to me. Its too risky. You know what's risky is that you're definitely going to run out of money soon. And accordingly, buying a house is always the best investment.
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