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Ramit Sethi: His New Netflix Show, How To Stand Out & Spend Your Money
My First Million
“How to be rich” - the Quadruple your spending exercise (VISUALIZATION)
The key insight from this snip is that in order to create a rich life, it is important to identify and prioritize the things that bring joy and convenience. By understanding what you love spending money on and visualizing how your life would look and feel if you quadrupled your spending on those things, you can create a clear vision of your rich life. This exercise helps to shift the mindset from linear thinking to dimensional thinking, allowing you to explore new possibilities and prioritize your spending. It is essential to have a crisp vision of your rich life to motivate and guide your financial decisions. Additionally, generosity and the joy of giving should be included in your rich life, and by identifying areas where you can cut costs, you can balance your spending and craft a rich life that aligns with your values and desires.
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