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The Upgrade by Lifehacker

How to Get Rich, With Personal Finance Expert Ramit Sethi

The Upgrade by Lifehacker

Lifehacker

Tech News, News, How To, Education, Self-improvement

4.6688 Ratings

🗓️ 11 November 2019

⏱️ 35 minutes

🧾️ Download transcript

Summary

Ramit Sethi, author of “I Will Teach You To Be Rich,” and professional financial smart person, joins us to talk about how to reframe your approach to spending, the best ways to invest your savings, and how normal people can find a way to take a six-week honeymoon.

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Transcript

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0:00.0

Hello and welcome to The Upgrade, the podcast from the team at LifeHacker, where we help you improve your life one week at a time.

0:20.5

I'm Melissa Kirsch, editor-in-chief of LifeHacker. And I'm Alice Bradley, LifeHacker, where we help you improve your life one week at a time. I'm Melissa Kirsch,

0:21.7

editor-in-chief of LifeHacker. And I'm Alice Bradley, LifeHacker's deputy editor. And today we're talking about

0:27.3

how to get rich. The question is, when we say we want to be rich, what do we really mean? Does it

0:33.6

mean we want heaps and heaps of money because that means we'll be happy? Possibly. Maybe. Right? But, you know, it's a little more complicated than that.

0:41.8

We might also want time. We might want time. We might want to have enough money to spend on particular things that are meaningful to us.

0:49.7

You know, we might want to pay off our credit cards. So when we decided to talk about how to get rich,

0:55.9

because we're both just desperate to be like Scrooge McDuck and sleeping in a bed.

1:01.3

I want to swim in gold coins.

1:02.7

Exactly.

1:03.6

We knew who we had to talk to.

1:06.2

That person is Ramit Saiti, who is the author of the New York Times bestseller, I will teach

1:11.6

you to be rich. I mean, come on, he said it right there. He said it. He said it. He teaches.

1:15.1

Yeah. He has some pretty brilliant and pretty unconventional ideas about how we should be thinking

1:19.4

about saving and spending. And we've been meaning to talk to him for years. And I mean it years. Literally years. Yeah, I read his book years ago.

1:28.1

I put a lot of his advice into practice.

1:30.5

Yeah.

1:30.8

I was psyched to get him in the studio.

1:32.8

He came here in a gold throne.

1:34.5

That's right.

1:35.0

He was really...

1:35.9

Rolled in.

...

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