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The Money with Katie Show

Ramit Sethi on Business, Life, and Money

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.81.3K Ratings

🗓️ 31 May 2023

⏱️ 59 minutes

🧾️ Download transcript

Summary

How can money make your life better? More fulfilling? Happier? To answer the question, I invited a very special guest on the show: the one and only Ramit Sethi, of How to Get Rich of Netflix fame. (And, of course, his bestseller, I Will Teach You to be Rich.) We discuss everything from business to personal finance philosophy to why he’s not afraid to be outspoken online. Plus, he shares helpful tips on seeing money as an opportunity, how to spend and not just save, and more. I love all my guests, but…this interview is up there for me. Learn more about our sponsor, Vin Social: https://www.vinsocial.vip Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice Learn more about the CFA Institute: https://www.cfainstitute.org/en/programs/cfa Learn more about Betterment: http://www.betterment.com/moneywithkatie Transcripts can be found at podcast.moneywithkatie.com. — Mentioned in the Episode I Will Teach You to be Rich: https://bookshop.org/a/90396/9781523505746 How to Get Rich on Netflix: https://www.netflix.com/title/81410436 — Follow Along at Money with Katie: https://moneywithkatie.com/ Watch on YouTube: https://www.youtube.com/@MoneywithKatie Follow Money with Katie! - Instagram: https://www.instagram.com/moneywithkatie/ - Twitter: https://twitter.com/moneywithkatie Subscribe to The Money with Katie Newsletter - Sign up for free today: https://www.morningbrew.com/money-with-katie/subscribe/2 Follow the Brew! - Instagram: https://www.instagram.com/morningbrew/ - Twitter: https://twitter.com/MorningBrew - TikTok: https://www.tiktok.com/@morningbrew Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

When I ask people, you know, what's your rich life?

0:05.0

What would you love? And they go, well, you know, one day

0:08.0

I'd love to have like a beach house. Like, it doesn't have to be big.

0:11.0

It doesn't even have to have a door. It doesn't even have to have a roof.

0:13.0

I'm not even saying it has to have a foundation.

0:15.0

I go, what the fuck? I said rich life, not dilapidated life.

0:18.0

Why are you shrinking your dreams in front of me in a hypothetical example?

0:22.0

Welcome back to The Money with Katie Show, Rich Girls and Boys.

0:33.0

I'm your host, Katie Gatti Tossan. And today, I am frankly really excited to share a conversation

0:41.0

that I had recently with Rumi Sati, the author of I Will Teach You To Be Rich,

0:46.0

which has sold millions of copies and the star of the Netflix show How To Get Rich.

0:58.0

This conversation flew by and I got a chance to ask or meet some questions

1:04.0

that I've never heard anyone else ask him before.

1:07.0

So first, he's going to tell you about a few of the behind-the-scenes stories

1:11.0

from his new show, then we'll talk about his personal finance philosophy

1:15.0

and dig a little deeper into the tactics he likes to use to help people use money

1:20.0

to fuel joy in their lives.

1:22.0

Next, we get into his business success and what's been the most meaningful ingredient in his career

1:29.0

and finally, we're going to finish with something I have been dying to talk to him about.

1:34.0

Why he is so outspoken about his political beliefs

1:38.0

and the fact that money is political?

1:41.0

I deeply admire Rumi. I was so excited to sit down with him for this conversation

...

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