How Do Wealthy People Treat Their Money Versus Everyone Else?

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The way that we think about money in america is at best confusing and at worst filled with lots of mits and lies. If you are earning more money, you change the way you think about it, and you should. Wealthy people think about money as a a tool to solve problems. Some students have started businesses using some of our courses. They make a million bucks a year, and they're still shopping for their own groceries. It doesn't take up three hours of your calendar every week just to go grocery shopping. You can do this without leaving home or taking time off from work. There's no reason not to get out there and try new things all the time.

Ramit Sethi is the founder of IWillTeachYouToBeRich.com, which has more than 1 million monthly readers. He speaks regularly to the media on the topic of personal finance and business. He has appeared on CNBC, Business Insider, The New York Times, and more to share his take on money and success. Ramit was #2 on the list of Tim Ferriss' top 25 podcast interviews for 2019.

Top 3 Value Bombs:

1. Status symbols differ depending on which generation you are in. Embrace that you are motivated by status.

2. If you have an area of your life that you want to make a priority, you have to put it on your calendar and make the money to be able to afford it.

3. Bet on yourself - have the confidence to know that you can start a business and you can earn more.

Subscribe and check out Ramit’s videos - Ramit's YouTube Channel

Sponsors:

HubSpot: Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com!

Zapier: Connect all your apps, automate routine tasks, and streamline your processes! Try Zapier for free today at Zapier.com/fire!

Thinkific: Download your free report that reveals what the top 20% of course creators are doing right now to be so darn successful at Thinkific.com/firetrends!