Actionable Habit: Automate 10% Investing

Ramit Sethi’s journey to building wealth began with a scarcity-driven mindset. Growing up in a frugal immigrant household, he developed deep anxiety around money. After losing an early stock market investment and studying both finance and psychology, he realized that most traditional financial advice ignores human behavior. Determined to break free from scarcity thinking, he rebuilt his relationship with money and began using it as a tool to design his own “rich life.” In this episode, Ramit shares how to rewire your money mindset, build wealth, and live a rich life.

In this episode, Hala and Ramit will discuss:

(00:00) Introduction

(02:19) His Background and Early Money Lessons

(09:39) Starting a Finance Blog in College

(15:25) What a “Rich Life” Really Means

(19:55) Money Psychology and Invisible Scripts

(24:33) Money Communication in Relationships

(29:27) The Conscious Spending Plan Framework

(42:08) Money Dials: Spending on What You Love

(48:29) Building Wealth and Finding Your Dream Job

(56:04) Saving Smarter and Earning More

Ramit Sethi is a New York Times bestselling author of I Will Teach You to Be Rich and the host of Netflix’s How to Get Rich. He has spent over 20 years teaching millions how to master personal finance, investing, and conscious spending. Ramit also hosts a finance podcast, Money for Couples, where he breaks down real-life money decisions through psychology-based frameworks. His work focuses on helping people design rich lives on their own terms.

Sponsored By:

Indeed - Get a $75 sponsored job credit to boost your job's visibility at Indeed.com/PROFITING 

Shopify - Start your $1/month trial at Shopify.com/profiting. 

Spectrum Business - Visit Spectrum.com/FreeForLife to learn how you can get Business Internet Free Forever.

Northwest Registered Agent - Build your brand and get your complete business identity in just 10 clicks and 10 minutes at northwestregisteredagent.com/paidyap

Framer - Publish beautiful and production-ready websites. Go to Framer.com/profiting and get 30% off their Framer Pro annual plan.

Intuit QuickBooks - Start the new year strong and take control of your cash flow at QuickBooks.com/money 

Quo - Run your business communications the smart way. Try Quo for free, plus get 20% off your first 6 months when you go to quo.com/profiting  

Working Genius - Take the Working Genius assessment and discover your natural gifts and thrive at work. Go to workinggenius.com and get 20% off with code PROFITING

Resources Mentioned:

Ramit's Book, I Will Teach You to Be Rich: bit.ly/IWTYTBR 

Ramit's Podcast, Money for Couples: bit.ly/MFC-apple 

Ramit’s Show, How to Get Rich: iwt.com/netflix 

Ramit's Website: iwillteachyoutoberich.com 

Ramit’s Instagram: instagram.com/ramit

Ramit’s LinkedIn: linkedin.com/in/ramitsethi

Active Deals - youngandprofiting.com/deals 

Key YAP Links

Reviews - ratethispodcast.com/yap

YouTube - youtube.com/c/YoungandProfiting

Newsletter - youngandprofiting.co/newsletter 

LinkedIn - linkedin.com/in/htaha/

Instagram - instagram.com/yapwithhala/

Social + Podcast Services: yapmedia.com

Transcripts - youngandprofiting.com/episodes-new 

Entrepreneurship, Entrepreneurship Podcast, Business, Business Podcast, Self Improvement, Self-Improvement, Personal Development, Starting a Business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side Hustle, Startup, Mental Health, Career, Leadership, Mindset, Health, Growth Mindset, Scalability, Risk Management, Financial Planning, Business Coaching