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Noah Kagan Presents

Recession Money Moves with Ramit Sethi

Noah Kagan Presents

Noah Kagan

Entrepreneurship, Business

4.71K Ratings

🗓️ 22 July 2022

⏱️ 52 minutes

🧾️ Download transcript

Summary

Popular finance advisor and entrepreneur Ramit Sethi is all about helping people live their rich lives. After graduating from Stanford University, Ramit wrote the bestselling book, I Will Teach You To Be Rich, which has helped thousands of people get their financial life together so they can live fuller lives.

Today, Ramit helps people navigate their financial habits and money mindsets through his courses on IWT.com and his podcast, I Will Teach You To Be Rich, takes listeners behind closed doors to listen in on raw conversations about the money habits of real-life couples.

If you want to spend, save, and invest smarter so you can live your rich life (whatever that means to you!) then check out this episode with Ramit.

https://okdork.com/podcast/257

Get the BEST daily deals on software at:
https://appsumo.com/noah

Transcript

Click on a timestamp to play from that location

0:00.0

Some people have decided money is where they get their entertainment and these are the folks you see that are constantly seeking entertainment.

0:08.5

They change their avatar. They're participating in these communities talking about all these phrases. They have cult-like language.

0:15.2

That is a huge danger sign because investments should not be exciting. They should not be part of a cult membership, investments should be boring

0:25.5

like watching concrete dry and they should actually be profitable.

0:28.8

That's what it should be.

0:32.0

What is up you sexy bastards? It is your boy Barcelona aka

0:34.9

rabbi can't lose aka me no Kagan in today's episode I talk to one of my

0:38.3

oldest friends and old I mean I've known this guy over 20 years that is

0:42.3

remit set the of I will teach to be rich

0:44.2

dot com now today Ramet is one of the most well-known financial advisors and entrepreneurs

0:48.4

online he's also written one of my favorite books on personal finance called I will

0:52.4

teach you to be rich.

0:54.0

Now he helps a variety of people who didn't grow up with rich parents or didn't learn anything about money

0:58.8

and helps them make smarter decisions so they can live rich lives, whatever that means to them, I highly recommend his stuff. Now I wanted to talk to Ramee about everything going on in finance and what the hell you and me should be doing about it.

1:09.7

As well, Rameen has a podcast where he talks to couples and talks about money.

1:13.4

That is the I will teach you to be rich podcast.

1:15.8

Definitely go check it out if you like podcast and money.

1:19.1

If you want to learn more about money and really counterintuitive thoughts related to it, you're going to love this

1:23.7

episode.

1:24.7

Here's three gigantic things you're going to take away.

1:26.5

One, how do rich people prepare for the recession and what do they do differently?

1:30.1

Two, why renting can be a smarter investment than buying.

...

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