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Optimal Finance Daily - Financial Independence and Money Advice

553: Will I Pay For My Children's Education 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

🗓️ 11 April 2018

⏱️ 11 minutes

🧾️ Download transcript

Summary

Ramit Sethi of I Will Teach You to be Rich addresses the debate of paying for your children's education. Episode 553: Will I Pay For My Children's Education by Ramit Sethi of I Will Teach You to be Rich (Cost of College, Scholarships & Help Financially). 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 been pictured next to Warren Buffett in Forbes Magazine, as well as 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 post is located here: https://www.iwillteachyoutoberich.com/blog/will-i-pay-for-my-childrens-education Please Rate & Review the Show! Visit Me Online at OLDPodcast.com & in The O.L.D. Podcasts Facebook Group! 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

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0:04.3

From the people you meet to the creators you follow, it all comes together with Lanova Yoga.

0:09.2

Plus, you get a 50 pound travel voucher and a shot at winning an awesome trip to New York and a Motorola

0:14.6

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0:19.8

Lenovo.com slash yoga. Limited time only terms and conditions apply. Engineered to do it all. That's a laptop evolved with Intel Evo Platform.

0:28.0

This is Optimal Finance Daily, episode 553.

0:34.4

Will I pay for my children's education?

0:36.4

By Ramit Sadie of I will teach you to be rich.com.

0:39.5

And I'm your host and narrator Dan.

0:41.0

I'm here each weekday reading to you from some of the best

0:43.5

personal finance blogs on the planet and good news for you I'm going to keep this

0:47.5

intro super short today so let's get right to Ramats Post as we optimize

0:52.4

your life.

0:54.0

Will I pay for my children's education

1:00.0

by Remit Satie of I Will Teach You to be Rich.com.

1:04.0

This might be an odd topic, but I've been to two friends weddings in the last three weeks

1:08.0

and all of a sudden I'm thinking of weird stuff.

1:10.0

Anyway, I was watching Susie Orman's show the other day, I love it, and two separate people called

1:15.2

in asking about how to get out of debt.

1:17.3

They were drowning in bills from credit card companies and car loans, yet both of them were

1:21.2

dutifully saving money towards their children's college education.

1:24.0

This made me do two things. First, I took my burrito and almost hurled it at the TV,

...

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