The Money Expert: "Do Not Buy A House!"... The 10 Ways To Make REAL Money! Ramit Sethi (E266)
The Diary Of A CEO with Steven Bartlett
Understanding the Basic Language of Money
The basic language of money involves understanding the percentages of your income that you save, invest, and allocate for guilt-free spending and fixed costs. By tracking these four key numbers, including fixed costs (50-60%), savings (5-10%), investments (5-10%), and guilt-free spending (20-35%), individuals can determine their financial priorities and alignment, as well as create a benchmark for their spending habits.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
