Financial Independence Podcast Ramit Sethi – How to Spend (and Actually Enjoy It)
36 snips
Feb 17, 2023 
AI Snips
Chapters
Transcript
Episode notes
Saving vs. Spending
- The world teaches us to save, but no one teaches us how to spend.
- Frugality taken to the extreme makes saving a virtue and spending a sin.
Defining a Rich Life
- The purpose of a rich life is not to save money, but to design a life that excites you.
- Use your money to live a meaningful life, defining "rich" on your own terms.
Midwest Couple's Money Mindset
- A couple earning $130,000 lived in constant debt due to their upbringing's perception of money as negative.
- They believed money was something to protect their child from, avoiding conversations about it.