The Marie Forleo Podcast

444 - “Do Not Buy A House!” - DO THIS to Build REAL Wealth Instead with Ramit Sethi

4 snips
Jun 10, 2025
Ramit Sethi, a New York Times bestselling author and financial expert, challenges traditional money advice by arguing that buying a house might be a poor investment. He discusses tactics to build real wealth, stressing the importance of open financial communication, especially within couples. Ramit exposes the damaging beliefs many have about money and provides strategies to avoid shame and make aligned financial decisions. His emphasis on identifying personal values can transform money management into a source of connection, rather than conflict.
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INSIGHT

Couples Lack Financial Big Picture

  • Most couples don't know their total household income or debt.
  • This limited financial visibility keeps people stuck in short-term money thinking.
ADVICE

Make a Clear Debt Payoff Plan

  • Confront your debt directly by knowing balances and interest rates.
  • Use tools like debt payoff calculators and make a clear payoff plan.
ADVICE

Prioritize Big Financial Questions

  • Stop obsessing over small $3 money fights like spending on snacks.
  • Focus on $30,000 questions like savings rate, debt payoff dates, and your vision for a rich life.
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