You’ll Want to Fire Your Financial Advisor After Hearing This

Erika Taught Me

Erika Kullberg

Business, Entrepreneurship

4.8 • 2.3K Ratings

🗓️ 9 July 2024

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

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Summary

#92 Did you know that there’s a hidden 1% fee that will ultimately cost you 25% of your investments by the time you retire? Today I'm talking to Ramit Sethi, a renowned money expert, entrepreneur and the author of The New York Times best seller, I Will Teach You To Be Rich. Hear his actionable items on how to use your money and how to invest that you can implement immediately. You might just fire your financial advisor after listening. If you're ready to learn how to invest, join my free 5-Day Investing Challenge here (starts Monday): https://erika.com/invest Thanks for tuning in and come back every Tuesday for a brand-new episode! Make sure you hit the follow button to get notified. Prefer to listen on the go? Listen wherever you get your podcasts. https://www.erikataughtme.com/follow Prefer video or want closed captions?⁠⁠ Watch this episode on YouTube. https://www.youtube.com/watch?v=Iibvs6ErIrg Did you enjoy the episode?⁠⁠ Please leave us a review here⁠⁠ https://erika.com/review : (just scroll to the bottom and tap on “leave a review”) It really helps the podcast especially since we’re just getting started. Even just a sentence is perfect! Follow the podcast @erikataughtme across platforms. ⁠Connect with me on Instagram.⁠ https://www.instagram.com/erikankullberg For more information, go to⁠ https://erikataughtme.com Get on my personal finance & investing course priority waitlist here https://erika.com/3D-money Get my Mastering YouTube course, to learn how to grow a YouTube following and monetize it https://erika.com/mastering-YT ⁠Get more of my free resources. https://erika.com/all-links

Transcript

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0:00.0	When it comes to our finances, I want people to take control. I want you to stop worrying about the price of an extra appetizer.
0:07.5	That's irrelevant in the grand scheme. It's these big things, your house, your car, and your investment fees that really move in.
0:14.6	If you could only give someone three money tips, what would they be?
0:20.8	I'm Ramee Sati.
0:22.0	I'm a New York Times best-selling author and I teach people how to live their rich life.
0:26.5	He's the author of the New York Times Best Seller, I will teach you to be rich, has helped tens of millions of people live a rich life.
0:31.0	I have a different approach. Instead of looking backwards, I want to look forward.
0:35.0	Me, controversial. I never heard anyone say that.
0:39.0	I'm Erica Koleberg and you're listening to the Erica Tautme podcast.
0:44.0	Hey, it's Erica.
0:46.5	Ramy Zethi is a money expert, author of the New York Times Best Seller, I will teach you to be
0:52.0	rich, entrepreneur, and host of the Netflix
0:55.2	series How to Get Rich. And today we're revisiting his insightful episode.
1:00.5	He shares his actionable tips on how to use your money and how to invest it.
1:05.0	These are things that you can implement immediately.
1:07.5	And he spills the beans about the hidden 1% fee that could cost you 25% of your investments. You might just end up firing
1:16.4	your financial advisor after listening to this.
1:18.8	Ramit and I are so closely aligned on our mission to help people break out of generational cycles
1:24.8	and create financial freedom for themselves and their families.
1:28.0	And he's definitely someone I admire in the space.
1:31.1	If after this episode you feel inspired to start investing,
1:34.6	but you're really not sure how.
	...

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