The Mel Robbins Podcast cover image

The Mel Robbins Podcast

You’ve Got Money All Wrong: A Step by Step Guide to Living a Rich Life

Apr 27, 2023
Ramit Sethi, a New York Times bestselling author and finance expert known for his Netflix series 'How to Get Rich', joins the discussion to revolutionize your understanding of wealth. He debunks traditional budgeting myths and introduces concepts like 'money dials' and the '10 Year Bucket List.' The conversation dives deep into how childhood experiences shape adult money perceptions and encourages listeners to redefine what a 'rich life' means to them. Get ready to shift your mindset and embrace a fulfilling financial future!
01:17:32

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Creating a 10-year bucket list helps define a rich life and sets specific goals for financial planning.
  • Overcoming limiting beliefs and embracing a rich life mentality leads to a more fulfilling relationship with money.

Deep dives

Defining a Rich Life and Setting a 10-Year Vision

A rich life is when you look at your life and feel amazing. It can include experiences like travel, buying luxury items, or spending on things you love. To start defining your rich life, create a 10-year bucket list of things you want to do. Choose one item that excites you the most. Set a specific month and year for that goal. Approximate the cost and start saving towards it. This exercise expands your vision and helps you define what excites you.

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