Because like I mentioned before, we flew premium economy to the States and then we flew business class home. And now one of my money rules is to fly premium economy on all flights over five hours because that was well worth the double the price of economy. But then business wasn’t really worth it to me for three times the price of premium economy.

Can Netflix really teach us ‘how to get rich’?

Mad Fientist: Right. And this sort of made me think about one of your episodes, episode 40. I loved it. It was someone in a similar situation, they just couldn’t spend their money. It didn’t seem real to them. Which actually is something that a couple of your episodes had that sort of same experience where you’re talking to them and you’re saying, what would a rich person do in this situation? And they can easily explain that. And then you’re like, well, that’s you. That’s, you are that rich person. Let’s start with banks. There is a wide variety of products they offer and each one is either designed to keep their liquidity high (savings accounts) or earn them the big dollars (by offering credit with interest).I had gotten married and I had become much more interested in money and relationships. As I started to talk about this, I realized that I wanted more material on this, and I wanted to help people get more excited about money. I use that word excited intentionally because when you asked the average person what words come to mind when you think of money, they go stress, overwhelm, guilt, am I too late or restriction. Mad Fientist: So, yeah. She would be great to chat to because she would be echoing a lot of the same things that have been echoed in episode 40 and 60. Gym membership fees. Depending on the club and the length of time you’ve been with them, ask them to see if there’s a way to cut down on the fees. If someone asked you that question, would you know the answer? Most of us have never thought about what our Rich Life looks like beyond “Doing what I want, when I want.” Or, we’re told all our lives to save…but then what? How do we enjoy the results?

Journal - by Ramit Sethi I Will Teach You to Be Rich: The Journal - by Ramit Sethi

And in fact, I think much of what guides the frugality world is a sense of fear. There’s this idea that I’m not gonna go eat at that nice restaurant. That’s not the kind of person I am. And anyway, if I did go eat there, deep down now, I’m afraid I would like it so much that I would trip and fall and have to eat at that nice restaurant every night for the rest of my life.Ramit Sethi: Mmm. Try again. Don’t you have a lot of money, like, oh, I’m not even spending what I should be in my model. And we’re debating over a hundred pounds. I don’t think so. Try it again.

Ramit Sethi Insights for a - I Will Teach You To Be Rich » by Ramit Sethi

It all starts with the basics. Know exactly how much is coming in and how much is going out. You may have to write it down until it becomes second nature. Then, you follow the steps above which include financial automation and conscious spending. Trade | Right now, Trade is offering our audience a free bag of coffee with any subscription at https://drinktrade.com/ramit.Ramit Sethi: It is about being rich and I think that we should live a rich life today and an even richer life tomorrow. So I don’t like the idea of I have to wait until I’m 75 years old and maybe just, maybe I can go take that Alaskan cruise or treat my family to a nice dinner. And you define what it is. And if we start from that premise that you decide what your rich life is and suddenly it becomes a lot more exciting to be able to use money to live that life. There are aspects of my tightwaddery that I’m planning to keep. One is making use of free and secondhand stuff. Where I live, there is vastly more of it than there’s any market for. I mostly use local free groups to get rid of my excess, but I occasionally obtain things. I borrow and lend, too, which keeps everybody from having to own something they only use once or twice a year, and it lets me get to know some of my neighbors. It’s a myth that shopping used is somehow taking away from people who can’t afford much. At least around here, there is vastly more secondhand stuff than there is any market for. I like older things for multiple reasons. Clothes soften up, and I like them that way. I can putter around the kitchen and garden and not worry about getting mud or fruit juice on them. Some stuff, I just get used to, and it’s comfortable to go on using the old and familiar thing. When I used to write and journal longhand, I found I wrote better in cheap notebooks than in expensive ones. I’m less inhibited about taking apart or remaking a free or thrifted item, too, whether to attempt to fix it or to remake it and do something creative. And they really don’t make some things like they used to.

Netflix Official Site Watch How to Get Rich | Netflix Official Site

A side hustle can be a great way to boost your income, especially if you start out with a low-overhead hustle like an online business. It might take you a couple of months to start making money, but it can pay big dividends in the long run. Ramit Sethi: I know. I love it. I wish we could be in the same room right now. It’s quite striking when you see how people physically react to conversations about money, they shrink. I’ll see someone who’s extremely confident and the minute we start talking about money, they physically shrink into the couch . It’s quite interesting. But you know what, I have a lot of empathy for that cuz I shrink when we talk about a couple things in my life that I know I need to do and I’m not.DeleteMe | If you want to get your personal information removed from the web, go to https://joindeleteme.com/ramitfor 20% off. Or the minute I start making a joke about, you know, their Monte Carlo simulation. Yeah, it cuts too, it cuts too close, doesn’t it, FIRE people?