3min chapter

Financial Independence Podcast cover image

Ramit Sethi – How to Spend (and Actually Enjoy It)

Financial Independence Podcast

CHAPTER

The Psychology of Money - It's Okay to Waste Money

One of the principles I shared is that it's okay to waste money. When you're in your early twenties, you don't have a lot of money. So instead of letting the tail wag the dog and saying, wow, I spent $100 on this thing,. I'm going to make it work for me. For example, carry those things around with me to every country. You go, you know what, it's just not for me. I'm done with it. I'm selling it or donating it. The more money you make, the more money you will waste. That is natural. If you are not wasting a little bit of money, that means you're probably

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode