How Regular People Get Rich & What You Never Knew About the Clothes You Wear

Something You Should Know

Mike Carruthers | OmniCastMedia

Social Sciences, Science, Health & Fitness, Education, Self-improvement

4.5 • 4.3K Ratings

🗓️ 12 September 2019

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Do you ever eavesdrop? Be honest now. The fact is we almost all do – it is human nature and once served an important purpose. This episode begins with a discussion on eavesdropping and snooping and why we mostly all do it. (John L. Locke author of Eavesdropping (https://amzn.to/2O7an63) When you hear the typical advice on managing your money it is to stopping spending – cut back – no more lattes. Well my first guest today has radically different advice on managing your money that will not only allow you to live a life you enjoy but can actually make you rich – and still allow you to have your morning coffee without guilt. Listen as I speak with Ramit Sethi, author of the wildly popular book I Will Teach You To Be Rich (https://amzn.to/2A7GqKG) which recently came out in a new revised, second edition. You may not give a lot of thought to your email subject lines – but they have an enormous impact on whether people read and/or respond to the email. I’ll tell you which common subject lines are golden and which ones are deadly. https://www.yesware.com/blog/best-email-subject-lines/ You probably don’t give a lot of thought to your clothes – you just wear them. However, there are some real concerns and problems in the clothing industry according Dana Thomas. For example, millions of garments are thrown away having never been worn by anyone. And wait until you hear about polyester! Dana is a writer who has served as cultural and fashion correspondent for Newsweek, contributor to the New York Times Style section and she is the author of a book called Fashionopolis: The Price of Fast Fashion and the Future of Clothes (https://amzn.to/2PXFgMr). This Week’s Sponsors -Simplisafe. For free shipping and a money-back guarantee, go to www.Simplisafe.com/something -Capterra. To find the best software for your business for free go to www.Capterra.com/something -Proactiv. Go to www.Proactiv.com/SOMETHING and with your order, you’lll also receive Proactiv’s “On the Go Bag” (close to a $100 value!) PLUS FREE SHIPPING & a 60 Day Money Back Guarantee! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The Dell Technologies Summer Sail event is on, with limited quantity deals on top tech.
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0:36.0	Offered to US residents by Web Bank, who determines qualifications for and terms of credit.
0:43.0	Today on something you should know, why do some people eavesdrop? Well, actually everybody eavesdrops and I'll explain why.
0:52.0	Then a new way to look at your money that allows you to enjoy your life and build real wealth.
0:58.0	I believe that we should spend extravagantly on the things we love.
1:03.0	As long as we cut costs mercilessly on the things we don't.
1:07.0	So I want to start by asking people what they love.
1:10.0	And the most common answers are eating out, travel, and health and wellness.
1:15.0	Plus, some of the best and worst email subject lines everyone should know.
1:20.0	And a peek behind the curtain of the clothing industry. And there are some real problems.
1:25.0	We produce about 100 billion garments a year. But we only buy 80 billion.
1:31.0	So that means we have 20 billion that are destroyed in one way or another.
1:34.0	Then of those 80 billion, the average garment today is worn seven times before it's thrown away.
1:39.0	All this today on something you should know.
1:44.0	If you own a small business, you know the value of time. Innovation refunds does too.
1:51.0	They've made it easy, no matter how busy you are to apply for the Employee Retention Credit or ERC.
1:57.0	Go to get refunds.com to get started and in less than 8 minutes see if your business qualifies for ERC assistance.
	...

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