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Optimal Finance Daily - Financial Independence and Money Advice

052: Here's How I Set Up My Financial Accounts And Cheap Versus Frugal by Ramit Sethi of I Will Teach You To Be Rich

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Self-improvement, Education, Business

4.51.3K Ratings

🗓️ 10 May 2016

⏱️ 13 minutes

🧾️ Download transcript

Summary

Hear how Ramit Sethi sets up his different financial accounts, plus his take on being cheap vs. being frugal. Episode 52: Here's How I Set Up My Financial Accounts And Cheap Versus Frugal by Ramit Sethi of I Will Teach You To Be Rich. Instead of saying “no” to spending on everything, Ramit wants to use money to say YES. He knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness and more. Since then, he's been testing and sharing his findings with the world via I Will Teach You To Be Rich. He's also written a New York Times bestselling book, been profiled in a 6-page Fortune article and pictured next to Warren Buffett Forbes Magazine, and have been featured by a long list of media, including the Wall Street Journal, ABC News, NPR, Fox Business, PBS, CNBC and more. He also has tons of documented success stories—more than 20,000. The original posts are located here: http://www.iwillteachyoutoberich.com/blog/heres-how-i-set-up-my-financial-accounts http://www.iwillteachyoutoberich.com/blog/cheap-versus-frugal Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and Join the Ol' Family to get your Free Gifts! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Krakhan.

0:03.0

Krypto is like finance, but different.

0:06.0

It doesn't care when you invest, trade or save, do it on weekends,

0:11.0

or at 5 a.m.

0:12.0

Or on Christmas Day, at 5 a.m. or on Christmas day at 5 a.m.

0:15.2

crypto is finance for everyone everywhere all the time.

0:19.4

Visit crackin.com slash see what crypto can be to learn more.

0:23.0

Don't invest unless you're prepared to lose all the money you invest.

0:25.6

This is a high risk investment and you should not expect to be protected if something goes wrong.

0:29.6

Are you looking for a podcast that's entertaining more bingeable than your favorite Netflix show and informative?

0:36.0

The Personal Finance Podcast teaches you the hacks, tips, and tactics you need to upgrade your money, all while spending less and saving more.

0:44.2

This isn't a show that teaches you to save money by clipping coupons.

0:48.2

It's much more about learning how to build generational wealth and spending your money on the things you love.

0:55.0

Search for the personal finance podcast on Apple Podcasts, Spotify, or wherever you listen to podcasts.

1:01.0

Your wallet will thank you later. This is optimal finance

1:05.1

daily episode 52 here's how I set up my financial accounts and

1:09.3

Cheap versus Frugal by Ramit Sadie of I will teach you to be rich.com.

1:14.0

Get ready to maximize your potential with optimal finance daily,

1:19.0

the podcast that brings you the best content in personal finance five days a week. Your optimal life awaits. Now here's

1:26.5

your host Dan Warren.

1:28.5

Hi everybody, welcome to optimal finance daily I'm Dan the guy who is equally

1:37.5

addicted to fantasy baseball and Broadway musicals and this is where I read to

...

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