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Good Money with Derrick Kinney

SPECIAL REPLAY: Ramit Sethi—Why Asking the $30,000 Questions Makes You Money

Good Money with Derrick Kinney

Derrick Kinney

Investing, Entrepreneurship, Business

51.5K Ratings

🗓️ 30 September 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

Special Replay*

 

What is the difference between a $30,000 question and a $3 question? There’s a massive distinction—and not knowing the difference could be costing you valuable time and money.  

 

That’s exactly what my guest Ramit Sethi says. Ramit is the bestselling author of I Will Teach You to Be Rich, and today he’s revealing a costly mindset that is ruining most Americans’ financial future. Then he shares why everyone knows how to save, but nobody teaches you how to spend your money on the things that matter. 

 

Plus, Ramit reveals how to win the game of money in your marriage and what his favorite investments are right now. I think his answer might surprise you, because you can invest in them too. 

 

If you liked this episode, give this one a listen too: Ramit Sethi—Spending Less Is the Wrong Strategy

 

Are you a financial advisor? Join the exclusive email list for financial advisors HERE. 

 

Get access to Simple Teen Success HERE.

 

Order your copy of the USA Today and Wall Street Journal bestselling book Good Money Revolution here: https://amzn.to/34hSonE

 

Book Derrick to speak at your next event HERE.

 

For daily tips to help you make and save money, follow us on Instagram @derricktkinney 

Transcript

Click on a timestamp to play from that location

0:00.0

You're a business owner ready to hit your next big revenue goal, right? But you feel stuck and aren't sure what steps to take next.

0:14.3

Welcome to the Good Money Podcast where we help business owners and entrepreneurs just

0:18.6

like you build your business and build your wealth. Each week we bring you interviews, stories, inspiration

0:25.1

and give you access to the best business minds. I know you want to

0:29.2

achieve success faster and you want more meaning and freedom in your life.

0:33.6

So we're here to help.

0:34.8

I'm your host Derek Kenny.

0:36.8

What is the difference between a $30,000 question and a $3,000 question? that's a massive distinction and not knowing the difference

0:45.7

could be costing you valuable time and money. That's exactly what my guest

0:50.4

Ramat Sati says. Ramat is the best-selling author of I will teach you to be rich and

0:56.3

today he's revealing a costly mindset that is ruining most Americans financial future.

1:02.1

Then he shares why everyone knows how to save

1:04.6

but nobody teaches you how to spend your money on the things that matter.

1:09.1

Plus, Ramat reveals how to win the game of money in your marriage and what his favorite investments are right now.

1:16.5

I think his answer might surprise you because you can invest in them too.

1:20.3

I think you'll love this conversation with one of our most popular returning guests

1:24.7

Ramiet, say T. Ramiet, welcome back to the Good Money Podcast.

1:28.9

Thanks for having me.

1:30.1

You know, one of the first tips that you talk about that a person should do is ask the $30,000 questions,

1:37.8

not the $3,000 ones. I found that very interesting. Tell me more about that.

1:44.0

Most of us go through our lives

1:51.4

agonizing over three dollar questions like yes should I buy this latte should I get this dessert? Should I splurge for the Diet Pepsi? And if you actually add up how

...

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