349: Ramit Sethi - Living Your Rich Life
The Ultimate Health Podcast
Jesse Chappus
4.5 • 1.5K Ratings
🗓️ 28 April 2020
⏱️ 67 minutes
🧾️ Download transcript
Summary
Ramit Sethi (IG: @ramit) is the author of the New York Times bestseller, I Will Teach You To Be Rich, and has become a financial guru to millions of readers in their twenties, thirties, & forties.
He started his website, iwillteachyoutoberich.com, as a Stanford undergraduate in 2004, and he now hosts over a million readers per month on his blog, newsletter, & social media.
In this episode, we discuss:
- Ramit’s got lucky playing the stock market in the early days
- Why Ramit developed his own philosophy about money
- Focus on 3 big wins in your life
- Starting the blog, I Will Teach You To Be Rich
- A rich life is about more than money
- Creating a conscious spending plan
- Ramit's guide to automating your finances
- Ramit’s favourite checking, savings, & credit card accounts
- Savings vs. investing
- Real money is made by investing
- Emergency fund recommendations
- How to negotiate your salary
- Be in control of your money
- Target date funds change automatically as you age
- Index funds need to be rebalanced periodically
- Should you start investing if you’re in debt?
- What is your debt pay off date?
- Is real estate a good investment?
- Leasing vs. buying a car
- Do you need a financial advisor?
- What to do with your money during the Coronavirus (COVID-19) pandemic
- Opportunities to make money are everywhere
- You must believe your business is important
Show sponsors:
Organifi <== 20% off all Organifi products
Perfect Keto <== 20% off all Perfect Keto products (free shipping in the US)
Related links:
Ramit Sethi - I Will Teach You To Be Rich (book)
Ramit Sethi's website (I Will Teach You To Be Rich)
Follow Ramit Sethi on Facebook, Instagram, and Twitter
I Will Teach You To Be Rich - Negotiating Salary (Ramit's course)
Thomas J. Stanley - The Millionaire Next Door (book)
Related episodes:
328: Kyle Cease – The Illusion Of Money, Sitting In Silence, Social Media Boundaries
327: Eric Thomas – The Secret To Success, Learn By Teaching, We All Need Inspiration
318: Michael Hyatt – Achieve More By Doing Less, Work Productivity Hacks, The Power Of Constraint
307: Elizabeth Willard Thames aka Mrs. Frugalwoods – Financial Independence Through Simple Living
149: Jen Sincero – Make Money By Mastering The Mindset Of Wealth
Note: Some of the links above are affiliate links. Making a purchase through these links won't cost you anything but we will receive a small commission. This is an easy, free way of supporting the podcast. Thank you!
How can you support our podcast?
1. Apple users, please subscribe and review our show on Apple Podcasts, we make sure to read them all. Android users, be sure to subscribe to our show on Google Podcasts. Subscribers never miss any of the action ;)
2. Tell a friend about The Ultimate Health Podcast. They will surely thank you later. You can use the envelope button below to email a friend or tell them about TUHP in person.
3. Join TUHP Facebook community (FREE). This is where we all stay in touch and ask questions in between episodes. Join our community.
4. Follow our adventures on our favourite social media platform, Instagram.
5. Download The Ultimate Health Podcast app (FREE). This way you'll have our whole library of episodes right at your fingertips. Download our iOS/Apple app or our Android app.
6. Share using the buttons below.
Thank you!
Transcript
Click on a timestamp to play from that location
| 0:00.0 | So I think a rich life has money as a component of it. |
| 0:04.0 | Money is a small but important part of a rich life. |
| 0:07.0 | People get caught up in the idea of rich being a number, |
| 0:10.6 | but there's a lot more to a rich life than that. A rich life is really about |
| 0:14.6 | living outside the spreadsheet, learning how to be physically fit, taking a |
| 0:19.4 | one month vacation per year, donating a lot of your time and money to a charity that's |
| 0:25.2 | meaningful to you. |
| 0:29.2 | Hello and welcome to the ultimate health podcast episode 349 |
| 0:35.6 | Jesse Chapp is here with Marnie Wasserman and we are here to take your health to the next level |
| 0:40.4 | each week we'll bring you inspiring and informative conversations |
| 0:43.7 | about health and wellness, covering topics of nutrition, lifestyle, fitness, mindset, |
| 0:48.6 | and so much more. And this week we have Ramee Sati on the show. He's the author, The New York Times Best Seller, |
| 0:54.8 | I Will Teach You to Be Rich, |
| 0:56.1 | and has become a financial guru to millions of readers |
| 0:58.9 | in their 20s, 30s, and 40s. |
| 1:01.8 | He started his website, will teach you to be rich |
| 1:03.8 | com as a Stanford undergraduate back in 2004 and he now hosts over a million |
| 1:09.4 | readers per month on his blog newsletter newsletter, and social media. |
| 1:13.7 | Rameet and I had a great conversation. |
| 1:16.6 | We got into so much practical stuff on finances, and I've been a fan of Rameet's work for |
| 1:21.8 | a long time, |
| 1:22.6 | so it's such a pleasure to get to chat with him |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Jesse Chappus, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Jesse Chappus and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.