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Optimal Finance Daily - Financial Independence and Money Advice

995: [Part 1] How to Calculate Your Debt to Asset Ratio (And Check If It's Good) 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

🗓️ 30 November 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

Ramit Sethi of I Will Teach You to be Rich shares how to calculate your debt to asset ratio and check if it's good. This is part 1 of 2. Episode 995: [Part 1] How to Calculate Your Debt to Asset Ratio (And Check If It's Good) by Ramit Sethi of I Will Teach You To Be Rich 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/debt-to-asset-ratio/ 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

Whether it's an under the radar genre or a proper out there podcast, sometimes it's better when you get weird, especially when it comes to switching up your soft drink, introducing new Dr Pepper Zero

0:12.6

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but with zero sugar and zero calories.

0:21.7

It's a taste you can't quite put your finger on.

0:24.0

Weird. But in a surprisingly good way, try more weird with Dr Pepper Zero.

0:30.0

Are you ready for a Monzo Business Bank Account?

0:33.5

Heather from the Accounter's Growth Club was,

0:35.5

Knowing what cash I have is really important,

0:38.0

and Monzo Business makes it easy.

0:40.0

It automatically puts 20% of my income into a tax pot.

0:44.2

When it's time to pay your VAT, I always know the money's there.

0:47.0

If you're ready for a Monzo business account, apply today.

0:50.1

Just search Monzo business.

0:51.6

Only sole traders or limited company directors in the UK can apply.

0:55.1

Get tax pots with Monzo Business Pro for £5 a month. T's and C's apply. This is Optimal Finance Daily episode 995 how to calculate your debt to asset ratio and check if it's good.

1:08.0

Part 1 by Ramit Saiti of I will teach you to be rich.com.

1:12.0

And I am Dan, I'm your host and narrator bringing you

1:14.7

some of the best blogs on personal finance seven days a week and a happy small business

1:19.2

Saturday to you if you're taking part in that in your particular community.

1:23.0

And a quick reminder, you are automatically entered into our book raffles if you're part of our free weekly newsletter mailing list.

1:30.0

We give away a book to a random person on that list on the first of every month, which is tomorrow.

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