444 - “Do Not Buy A House!” - DO THIS to Build REAL Wealth Instead with Ramit Sethi

The Marie Forleo Podcast

Marie Forleo

Education, Self-improvement

4.7 • 1.7K Ratings

🗓️ 10 June 2025

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

What if everything you’ve been taught about money is wrong? In this real talk conversation, bestselling author and financial expert Ramit Sethi reveals why buying a house might be the worst investment you can make — and what to do instead to build real, lasting wealth. You’ll learn how to stop “playing small” with your money, avoid common financial traps, and start making confident, aligned decisions about your rich life.

Ramit Sethi is the New York Times bestselling author of I Will Teach You To Be Rich and the new book, Money For Couples. He’s host of the hit Netflix show How To Get Rich, and one of the most trusted voices in personal finance. Through his bold advice and step-by-step systems, Ramit has helped millions break free from shame, ditch $3 money questions, and finally feel confident about their financial future.

WHAT’S COVERED IN THIS EPISODE:

00:00 — 90% of couples don’t know this ONE thing about their money

02:47 — Why most people feel dumb about money (and how to fix it)

06:04 — “He’s the money person.” Why gender still shapes your financial life

09:01 — Hate your debt? Here’s how to stop the shame spiral

11:51 — The $3 fight that’s ruining your financial future

14:49 — The wrong way to talk about money with your partner

18:09 — One spender, one saver? How to stop the fights for good

20:51 — “Money doesn’t grow on trees” — how childhood beliefs keep you broke

41:38 — The mindset shift that’ll grow your wealth and your relationships

52:14 — Want to make money online? Watch this first

1:03:07 — Why most entrepreneurs suck at delegating (and what to do about it)

1:08:12 — How to build steady income in an unpredictable world

1:20:47 — What does YOUR rich life look like?

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MORE RESOURCES FOR YOU:

How to Get Anything You Want (Free Audio Training) → https://www.marieforleo.com/how-to-get-anything-you-want

MONEY FOR COUPLES: Grab your copy of Ramit Sethi’s new book → https://amzn.to/43Cplr3

If you enjoyed this episode, please leave us a review! <3 It really helps us get encouraging and actionable advice to entrepreneurs and creatives who need to hear it most!

Transcript

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0:00.0	50% of couples you talk to don't know their income, 90% of couples don't know how much debt they're in,
0:06.1	and people who have millions struggle to spend it. And then this one was, this one was really
0:11.8	the one that got me in the heart and then the gut. The overwhelming majority of folks who come on
0:15.5	your show, they describe their financial problems as a nine or a 10 out of 10 yet have not read a single book on
0:22.9	personal finance. Yeah. What I mean, it's shocking. Yes, it was. It's shocking and it happens
0:28.9	almost every single week. So if I were to just come on here and say 50% of people don't know
0:35.9	their household income, Most people watching and
0:38.5	listening are like, that's crazy. How can that be? And then you hear couples week in, week out,
0:44.4	when I asked them, I look at their numbers, the ones they assembled for me. And I'll say,
0:50.8	did you know that that's how much you made? And one or both of them will go, no.
0:55.5	They don't know. And the understanding why people don't know their income is actually the
1:00.6	heart of understanding how people relate to money. Most of us treat money like we're driving in the
1:06.2	fog and we can only see 50 feet ahead of us. And if somebody came along and said, what's five miles down the road?
1:12.1	You go, I don't know, I'm just trying to make it.
1:14.0	And that's how we treat money.
1:15.5	We only look at what is happening that month.
1:19.2	That's it.
1:19.6	That's how narrow our field of vision is.
1:22.2	If you are, to put it very plainly, if you are living your financial life,
1:27.3	gripping your steering wheel
1:28.4	and only thinking, yeah, only a month ahead, you cannot achieve living a rich life.
1:34.6	In order to live a rich life, you've got to zoom out and have a vision, have a big picture,
	...

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