How to Design a Rich Life at Any Income with Ramit Sethi

All the Hacks with Chris Hutchins

Chris Hutchins

Business, Education, Investing, Society & Culture, Places & Travel, Self-improvement

4.7 • 1.4K Ratings

🗓️ 16 July 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

#237: Start living your rich life today regardless of your income. Learn how to spend without guilt, track the four key financial numbers that matter most, harness the power of decisiveness, and avoid the common traps that hold people back as their income grows. Ramit Sethi is a personal finance expert and the NYT bestselling author of I Will Teach You to Be Rich. He hosts the popular Netflix show, How to Get Rich, and the Money for Couples podcast. Link to Full Show Notes: https://chrishutchins.com/guilt-free-rich-life-ramit-sethi Partner Deals LMNT: ⁠⁠Free 8-count sample pack of my favorite electrolyte drink mix OpenPhone: ⁠⁠20% off the first 6 months of your own business phone system⁠ Notion: Try Notion AI free to automate tedious tasks and streamline your work Quince: Affordable luxury essentials with free shipping + 365 day returns Thrive Market: 30% off your first order of organic groceries + a free $60 gift For all the deals, discounts and promo codes from our partners, go to: chrishutchins.com/deals Resources Mentioned Ramit Sethi: Website | X | Instagram Money for Couples: Book | Podcast | YouTube Earnable Program ATH Podcast Ep #91: Die With Zero: Net Fulfillment Over Net Worth with Bill Perkins Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: [email protected] Full Show Notes (00:00) Introduction (02:23) How Much Money Do You Actually Need to Live a Rich Life? (04:25) Identifying Money Dials to Live a Rich Life (06:16) The Four Key Numbers You Need to Track Your Finances (12:02) How to Learn the Skill of Spending Money (17:58) Ways to Reframe How You Look at Costs (23:02) Analyzing How Optimizers Spend (26:37) Why It's Important to Find Your Worry-Free Number (28:38) Spend Money Based on the Stage You’re in Life (34:48) The Role of Income (& Side Hustles) in Your Rich Life (38:41) Why You Have to Be Honest About Your Rich Life (40:25) Tackling Big Financial Decisions (43:27) Why Ramit Thinks Lifestyle Creep Is a Myth (45:04) How Chris and Amy Decided to Sell Their Vacation Home (48:13) The Power of Being Decisive and How to Build the Skill (54:56) Biggest Traps People Face When Moving Up the Wealth Ladder (58:40) How AI Has Impacted the Way People Manage Their Finances (1:01:17) Ramit's Challenge for You to Live Your Rich Life (1:03:34) Where to Find Ramit, His Book, and Other Work Connect with Chris Newsletter | Membership | X | Instagram | LinkedIn Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	You don't need to be a millionaire to live a rich life, at least not according to my guest
0:06.8	today, Rameit Sethi. In this episode, we'll go way beyond budgeting tips and tackle the deeper
0:11.7	mindset shifts needed to spend with purpose. Whether it's flying business class, buying a sweater
0:17.0	you love, or saying yes to a vacation without overthinking it, this conversation is
0:22.0	about using your money to create joy. As Rameet says, spending more money is not always the best
0:28.2	option. Spending money meaningfully for your rich life is really what we're talking about here.
0:34.8	So today we're going to lay out a tactical four-number framework,
0:38.1	explain how to ditch frugality guilt, and show you how to start spending meaningfully. So whether
0:43.1	you're in debt or you have money to spare, this conversation will help you design a life
0:47.2	you actually want to live with intention. I'm Chris Hutchins. If you enjoy this episode, please
0:52.3	share it with a friend or leave a comment or review.
0:54.8	And if you want to keep upgrading your life, money, and travel, click follow or subscribe.
0:59.1	Now, let's get into it right after this.
1:02.6	This episode is brought to you by Element.
1:05.1	If you've listened to this show, you know I am always searching for ways to feel better, think clear, and optimize my life.
1:11.6	An element is genuinely one of the simplest, most impactful upgrades I've made. I drink
1:16.5	element every day and it's become the number one thing on my packing list whenever I travel.
1:21.2	Here's why. Staying hydrated isn't just about drinking water. Electrolite imbalances can lead to
1:26.1	headaches, fatigue, brain fog, poor sleep.
1:28.7	And most electrolyte drinks out there are packed with sugar or artificial ingredients that I just
1:33.4	don't want in my body. But Element is different. It's zero sugar, zero artificial junk,
1:38.4	just a perfectly balanced mix of electrolytes and sodium that's backed by science and tastes
	...

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