The Unplanned Podcast with Matt & Abby

Ramit Sethi on Prenups, Renting vs. Buying, & Joint Bank Accounts - Financial Advice for Couples

10 snips
Jan 22, 2025
Ramit Sethi, a New York Times bestselling author and Netflix show host, shares insightful financial advice tailored for couples. He discusses the pros and cons of prenups and the importance of open financial communication. Exploring concepts like renting vs. buying and the four types of money personalities, he highlights the significance of early investing and creating shared financial goals. With humor, he stresses the emotional aspects of finances and the necessity of regular financial check-ins to reduce anxiety and foster harmony.
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ADVICE

Conscious Spending

  • Spend extravagantly on the things you love.
  • Cut costs mercilessly on the things you don't.
INSIGHT

Defining a Rich Life

  • "Rich" does not just mean money; it means living a fulfilling life.
  • Define "rich" based on your values, not societal expectations.
ANECDOTE

Personal Money Rules

  • Ramit Sethi created personal money rules, like unlimited spending on books and appetizers.
  • These rules reflect his values and make him feel good about his spending.
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