What is my Rich Life? PHYSICAL SELF 1) Eating healthy foods at home regardless of cost 2) Drinking only refrigerated tap water 3) Year long gym membership 4) Cut my own hair 5) Go to doctor at least annually 6) Go to dentist semiannually HOME 7) Cleaning lady 3 times a year 8) Flowers in the apartment 9) A/C is recharged, filter cleaned, TV is put on the wall 10) Consider making a custom couch to fit in the nook TRAVEL 11) One international vacation per year 12) One domestic vacation per year 13) Three long weekend trips to the shore per year KIDS 14) Kids college paid for (4 years of in state tuition) ACTIVITIES/SKILLS 15) Go to church weekly 16) Twice weekly guitar lessons 17) regular oil painting lessons
I think it’s because some people prefer other financial "gurus" like MJ Demarco, Andy Tanner, Garrett Gunderson, Robert Kiyosaki, etc.. Ramit is not for everyone.
I am literally packing my bag for a weekend trip to Italy with friends I made when there on a student exchange 30 years ago. We are going to eat in a the places we couldn't afford to then. I planned this and budgeted for it after listening to Ramit talking about a rich life!!
For the past 2 years I have generated close to 7 figures, yet, have often felt guilty spending. After listening to this episode, I got the courage to text a jeweler I met in Aspen about purchasing a pair of diamond earrings I fell in love with, but didn’t purchase. It’s time to say to myself, I deserve it.
I already spent $100.00 on a personalized Apron. Why because I wanted the entire baking experience. My spouse and I attended two baking classes and learned how to bake baguettes, focaccia, and brioche bread in January and April. I loved the experience.
Tipping $5 can change somebody's day. I have yet to be disappointed when tipping somebody just that amount - it's a hugely positive experience for them and for me. Pretty much the most affordable win-win out there.
I've given up on asking "Why's Ramit on the show again?". Because every time he is, I learn something. And that after having read his book about 10 years ago.
Hey there :) I copied and recalculated the timestamps from Tim's website. They are somewhat desynchronized in the second half of the episode though. 00:00 Intro and introduction of Ramit 01:59 Most memorable money conversations with couples in debt that Ramit has had since our last episode together. 04:31 A recent purchase over which I agonized to a degree that seems ludicrous in hindsight. 05:49 How do you think about money? Probably not as closely as the guy Ramit knows who has $8 million in net worth but goes out of his way to save $8 on groceries because he hates “the idea of overpaying.” 07:56 Why did it take so long for Ramit to start a podcast, and in what ways can a listener expect his show to differ vastly from this one? 10:05 Ramit justifies his fascination for toying with trolls, and I share a pro tip for anyone who’s ever being interviewed by a journalist (or podcaster). 12:01 In the last 30 days, can you think of a specific situation where you were not on the same page financially with your partner? 13:11 What is your idea of a rich life? This is a question with wildly varied answers depending on who you ask, but one truth seems consistent: People’s feelings about how they are doing financially are highly uncorrelated with their actual financial status. 16:09 Why Americans’ tendency to compare themselves to their neighbors is completely irrational. 18:09 What does Ramit’s rich life look like? 19:10 Ramit’s money rules. 20:29 What the recent decision to have fresh flowers delivered to my house every week does for my rich life. 21:33 Why asking “What is your rich life?” can be such a magical, transformational question - especially when a partner is present. 23:31 If you’re a bit of an overspender, have you ever said “No” to your partner or family? 24:25 If you were not on the same page financially with your partner at some point in the last 30 days, on a scale of 1 to 10, how big of an issue is it? 25:59 A bucket list/rich life goals vision exercise Ramit did with his wife Cassandra, inspired by Stephen King’s 2003 National Book Club Speech. 27:48 How Ramit and Cassandra have agreed to financially contribute, together, to their eight-year anniversary goal, and how it feels to watch the fund make progress. 31:10 Ramit and Cassandra meet once a month to discuss finances. What does the format look like? 37:36 Ramit’s true, but most embarrassing backlog rich life goal. 40:13 How to make conversations about money positive experiences rather than negative and depressing. 41:03 The typical approach to talking about finances when one half of a couple is an overspender (and/or people pleaser who has trouble establishing boundaries), and what Ramit suggests as a better, more effective alternative. 45:49 What needs to happen for a couple to succeed in solving whatever financial problems they have (and avoid passing along toxic money behavior to their offspring). 48:35 Why it’s not enough just to want to change your relationship with money, and how psychology and tools can easily be used to affect the desired change - with far less effort than fighting with your spouse about money for the rest of your miserable lives. 51:01 An example of a time Ramit saw a 9/10 severity problem with a couple and their money solved simply. 54:18 Thoughts and positive listener feedback about prenups since our last conversation. 56:35 The $100 challenge. 1:00:25 What would result from Ramit’s own $100 (or $1,000 or $5,000) challenge? 1:03:40 What would the result of my own challenge look like? 1:04:55 Gauging the most important lessons that can be learned from the $100 (or more) challenge, and rejecting the coded-for-fear life of frugality that many of us accept as the default. 1:08:02 How Ramit turned a couple’s conversation around a $100+ honeymoon challenge from a downward spiral into an upward one. 1:09:29 Thoughts on how we can learn to spend our money in meaningful ways on enjoying and enhancing a rich life rather than endlessly stockpiling it for some unknown purpose in an unforeseeable future. 1:16:26 Fascinating patterns around the saving and spending of money that Ramit has noticed in his conversations with couples. 1:20:25 Recommendations for further developing the skill of financial comfort and reaffirming the importance of a relationship. 1:21:30 Exercising generosity as a way of becoming more like the people we want to be and reinforcing the positive potential of the money we make. 1:23:46 How Billy Joel impressed the power of generosity and graciousness upon a teenage busboy named Tim. 1:26:05 Parting thoughts. Copied from: tim.blog/2021/07/26/ramit-sethi-2/ Reformatted and recalculated using: vilz.gg/timestamps
Can you kindly do a segment on those of us who are nearing retirement with mid-income levels, no home, i.e. budgets, investing, playing catchup, living expenses, etc. Some much is talked about younger people who have years to invest.
Loved this... made a list of 40 "rich life" items and 12 paths of action to move towards them and am digesting the podcast idea: I've always enjoyed shining a light on blind spots in marriages and I know from the number of "no one has ever asked that before... great question" that the shame of relationship failure transforms to avid curiosity about "other people's" problems and I think that relationships are the single most important thing in our lives - I liked Remit's slow realization of the focus/format that works for him. All in all, a highly productive use of my time and nice to see Tim enjoying himself and informality more. I think a really "rich life" is one where anyone delights in being themselves and truly does not need or bother much about the audience and this is a 5 in that direction, which seems like a great start. That's my greatest rich life: to come from a certain place that is the most authentic place I know and which usually collapses into fight/flight when others don't get it or seem to say "that has no value." The funny thing is that I am certain that if I did not collapse into fight/flight offense/defense and could hold that centered persona my entire life would re-organize itself in about a month with some people leaving, others coming in and people learning to see/trust this core part. Instead, I find the sting of rejection/dishonor so painful and the dissociation and judgement of that sting so angering that I completely lose the tether to who I am and so I avoid who I am in to avoid the triggers of dishonor and then feel cynical, bitter and irritable on the sidelines. My goal is to find at least one person who can be my ally/tether as I navigate the sting and stay centered in Self. I think that's why a deeply committed relationship is my highest priority. I've never had a partner who would not abandon themselves to please others or who would stand by and champion me in abnormal arenas that are highly intelligent. I think that knowing that one person sees me and is seen by me provides and anchor to the re-traumatization of the essential self that is lost every time this happens. I believe it is a two year old inside that is first recognizing that authentic emotional expression is feared/hated and that manipulation is necessary and preferred to survive. That two year old is the most beautiful part that I know and yet trauma is so overwhelming to re-program alone. I find so much grief in the dating arena where two clumsy people are navigating this terrain without a map or the tools to create one... Four hours of daily quality time is the minimum time I've been able to map out the land-mines, avoid them and bring them to light before they explode and start building a map in language and container that works... This turned into more of a free-flow, which is what I like about conversations. I think it's important to write thoughtful media responses for ourselves: the greatest value of any presentation is developing what emerges in us as a response and avoiding the numbness of passive digestion of others without sympathy, antipathy and synthesis.
Thanks both of you. Tim your questions were spot on. Remit your approach to money and therefore life is enriching. I am already putting things into practice.
Thank you for this episode. I love to listen to your thoughts Tim and I also love what Ramit is thinking out loud. Listening to both of you at the same time is a joy and always inspiering. I will have this conversation with my husband for sure!
Loved this episode and an embracing of a rich mindset. My personal experience, and my family’s - however - is that of chronic overspending. Would love to look at more tools from this side of the fence.
a rich life is being heard at a deep level and accepted even when I am being difficult. It is being housed, fed and cared for. It is being health and having time to get enough sleep. Most important it is having a great hug close by and accessible.
I live in a place where most of us don’t care how much money people make. Although I must say that people who arrive from elsewhere are not the same. It really has to do with how interesting the person you are talking to is. Most people would be surprised how interesting people can be.
you guys are amazing! 🥰 min. 57 - A challenge: spend $100 (or more, if you're a high earner), in the next 48 hours :) Think what would you like to spend money on for YOURSELF ONLY. (not on your kids etc.) challenge accepted! 🙃🥰
i just finished the amazing interview with Gabor Mate you made a while back, and now here's a new video, you will get me addicted Tim :)! I'm so excited about your content! ''juicy'' yes, always! 🤩👍
Great episode, great podcast. My only suggestion would be to add bookmarks and time stamps-or at the very least-give a description of what is going to be discussed in some detail.
How do you define the distinction between your rich life and overspending? The person who overspend by ordering stuff on Amazon might say "that's my rich life, if I like something, I buy it" In other words, how do you know when you're able to spend that money? Because if you start too early, it's basically the same as overspending.
Your rich life is a goal, if that's ordering anything from Amazon, then you need to put a number on that, let's say $1,000 per month. Then in order for it to be your rich life you need to generate $1,000 you can use freely to order from Amazon, and you do it only once you've reached that goal.
Tim, break the talks up into segments, too. I'm trying to get my students into your talks, but they're complaining that they don't have time to listen to your talks in full.
Why don't you dream bigger? Because I want to live my dream, not get caught up in materialist consumerism and keeping up with the Jones. Because if you constantly "dream bigger", then by the time you've got 1M you'll need 5M, and by the time you've got 5M you'll want 10M, and by the time you've got 10M you'll be thinking that 30M would be nice. That's a never-ending trap. You're running on a hedonic treadmill. Personally, I'd rather get off the ride, opt out of the rat race. Dream bigger? Na. Attain the dream, then live the dream.
I think you misunderstood the crux of what he was saying. Your point was his point as well. With the amount of money she was earning, she could could be enjoying the fruits of her labor beyond spending $150 dollars at whole foods. There was a misalignment in her reality and her perception of financial status.
I don't have a partner. A pattern in my life was having money borrowed by them in trust and not paid back or being left to pay rent a young girl didn't pay when I found her a place to live ( she went out partying). This turned into a habit of spreading money to everyone in the family (my kids , ex husband etc) when I received big sums from house sales etc.I had to get rid of it quick! then no one could take it from me and hurt my feelings. I now reward myself if I do good things to help myself (was odd to spend on me at first) and it helps so much for me to feel good about me. I am more discerning with my money which is enough to get by and spend a little on me each month. I invested in a low cost index tracker when I was scared about plonking £50 in there . . . now I don't notice its going there (Fidelity) My true rich life is enjoying our funny family get togethers most weekends. My adult granddaughter is going to Italy for a year with her Uni course and I am saving to join her for a month:) I live happy now but nor real rich monetary wise, I will be very careful with my next lump sum from wherever and I have an exciting time to look forward to. I review and learn, progress and make better decisions, love my life now enjoying my family and I am excited about the future too. Like a recipe for a lovely cake :)
Do come back when you have 900,000 subscribers, wrote several bestselling books, started and ran companies, are an angel investor, have connections to the best of the best, have millions in the bank and are fit af. See you in never, idiot.
Brought to you by Wealthfront automated investing wealthfront.com/tim Athletic Greens all-in-one nutritional supplement athleticgreens.com/tim and Pique Tea premium tea crystals piquetea.com/tim
What is my Rich Life?
PHYSICAL SELF
1) Eating healthy foods at home regardless of cost
2) Drinking only refrigerated tap water
3) Year long gym membership
4) Cut my own hair
5) Go to doctor at least annually
6) Go to dentist semiannually
HOME
7) Cleaning lady 3 times a year
8) Flowers in the apartment
9) A/C is recharged, filter cleaned, TV is put on the wall
10) Consider making a custom couch to fit in the nook
TRAVEL
11) One international vacation per year
12) One domestic vacation per year
13) Three long weekend trips to the shore per year
KIDS
14) Kids college paid for (4 years of in state tuition)
ACTIVITIES/SKILLS
15) Go to church weekly
16) Twice weekly guitar lessons
17) regular oil painting lessons
The fact that this has only 22k is crazy to me. Invaluable conversations every time Ramit comes on. Awesome stuff guys!
People are dumb and have no idea where to look for good information anymore.
I agree. These two together are so valuable.
I'm a year later and I just came to the comments section to say "it's a shame only 62k have viewed this. Most people need this info."
SO VALUABLE episode!!
I think it’s because some people prefer other financial "gurus" like MJ Demarco, Andy Tanner, Garrett Gunderson, Robert Kiyosaki, etc..
Ramit is not for everyone.
My wife and I have been following Ramits plan for a rich life for 2 years now and life has never been better! Thanks to both these guys.
I am literally packing my bag for a weekend trip to Italy with friends I made when there on a student exchange 30 years ago. We are going to eat in a the places we couldn't afford to then. I planned this and budgeted for it after listening to Ramit talking about a rich life!!
The quality of the audio from Ramit's mic makes me feel good.
For the past 2 years I have generated close to 7 figures, yet, have often felt guilty spending. After listening to this episode, I got the courage to text a jeweler I met in Aspen about purchasing a pair of diamond earrings I fell in love with, but didn’t purchase. It’s time to say to myself, I deserve it.
Love Ramit's ability to keep things real instead of giving easy but fake answers...Thanks Tim for having Ramit !
I already spent $100.00 on a personalized Apron. Why because I wanted the entire baking experience. My spouse and I attended two baking classes and learned how to bake baguettes, focaccia, and brioche bread in January and April. I loved the experience.
You can tell Ramit really cares, great advice!
Tipping $5 can change somebody's day.
I have yet to be disappointed when tipping somebody just that amount - it's a hugely positive experience for them and for me.
Pretty much the most affordable win-win out there.
I've given up on asking "Why's Ramit on the show again?". Because every time he is, I learn something. And that after having read his book about 10 years ago.
💯
Hey there :) I copied and recalculated the timestamps from Tim's website. They are somewhat desynchronized in the second half of the episode though.
00:00 Intro and introduction of Ramit
01:59 Most memorable money conversations with couples in debt that Ramit has had since our last episode together.
04:31 A recent purchase over which I agonized to a degree that seems ludicrous in hindsight.
05:49 How do you think about money? Probably not as closely as the guy Ramit knows who has $8 million in net worth but goes out of his way to save $8 on groceries because he hates “the idea of overpaying.”
07:56 Why did it take so long for Ramit to start a podcast, and in what ways can a listener expect his show to differ vastly from this one?
10:05 Ramit justifies his fascination for toying with trolls, and I share a pro tip for anyone who’s ever being interviewed by a journalist (or podcaster).
12:01 In the last 30 days, can you think of a specific situation where you were not on the same page financially with your partner?
13:11 What is your idea of a rich life? This is a question with wildly varied answers depending on who you ask, but one truth seems consistent: People’s feelings about how they are doing financially are highly uncorrelated with their actual financial status.
16:09 Why Americans’ tendency to compare themselves to their neighbors is completely irrational.
18:09 What does Ramit’s rich life look like?
19:10 Ramit’s money rules.
20:29 What the recent decision to have fresh flowers delivered to my house every week does for my rich life.
21:33 Why asking “What is your rich life?” can be such a magical, transformational question - especially when a partner is present.
23:31 If you’re a bit of an overspender, have you ever said “No” to your partner or family?
24:25 If you were not on the same page financially with your partner at some point in the last 30 days, on a scale of 1 to 10, how big of an issue is it?
25:59 A bucket list/rich life goals vision exercise Ramit did with his wife Cassandra, inspired by Stephen King’s 2003 National Book Club Speech.
27:48 How Ramit and Cassandra have agreed to financially contribute, together, to their eight-year anniversary goal, and how it feels to watch the fund make progress.
31:10 Ramit and Cassandra meet once a month to discuss finances. What does the format look like?
37:36 Ramit’s true, but most embarrassing backlog rich life goal.
40:13 How to make conversations about money positive experiences rather than negative and depressing.
41:03 The typical approach to talking about finances when one half of a couple is an overspender (and/or people pleaser who has trouble establishing boundaries), and what Ramit suggests as a better, more effective alternative.
45:49 What needs to happen for a couple to succeed in solving whatever financial problems they have (and avoid passing along toxic money behavior to their offspring).
48:35 Why it’s not enough just to want to change your relationship with money, and how psychology and tools can easily be used to affect the desired change - with far less effort than fighting with your spouse about money for the rest of your miserable lives.
51:01 An example of a time Ramit saw a 9/10 severity problem with a couple and their money solved simply.
54:18 Thoughts and positive listener feedback about prenups since our last conversation.
56:35 The $100 challenge.
1:00:25 What would result from Ramit’s own $100 (or $1,000 or $5,000) challenge?
1:03:40 What would the result of my own challenge look like?
1:04:55 Gauging the most important lessons that can be learned from the $100 (or more) challenge, and rejecting the coded-for-fear life of frugality that many of us accept as the default.
1:08:02 How Ramit turned a couple’s conversation around a $100+ honeymoon challenge from a downward spiral into an upward one.
1:09:29 Thoughts on how we can learn to spend our money in meaningful ways on enjoying and enhancing a rich life rather than endlessly stockpiling it for some unknown purpose in an unforeseeable future.
1:16:26 Fascinating patterns around the saving and spending of money that Ramit has noticed in his conversations with couples.
1:20:25 Recommendations for further developing the skill of financial comfort and reaffirming the importance of a relationship.
1:21:30 Exercising generosity as a way of becoming more like the people we want to be and reinforcing the positive potential of the money we make.
1:23:46 How Billy Joel impressed the power of generosity and graciousness upon a teenage busboy named Tim.
1:26:05 Parting thoughts.
Copied from: tim.blog/2021/07/26/ramit-sethi-2/
Reformatted and recalculated using: vilz.gg/timestamps
Nice. Thank you
You are amazing
Thank you so much!
Can you kindly do a segment on those of us who are nearing retirement with mid-income levels, no home, i.e. budgets, investing, playing catchup, living expenses, etc. Some much is talked about younger people who have years to invest.
How did this episode views slip through the cracks..any convo with these two is gold.
Loved this... made a list of 40 "rich life" items and 12 paths of action to move towards them and am digesting the podcast idea: I've always enjoyed shining a light on blind spots in marriages and I know from the number of "no one has ever asked that before... great question" that the shame of relationship failure transforms to avid curiosity about "other people's" problems and I think that relationships are the single most important thing in our lives - I liked Remit's slow realization of the focus/format that works for him. All in all, a highly productive use of my time and nice to see Tim enjoying himself and informality more. I think a really "rich life" is one where anyone delights in being themselves and truly does not need or bother much about the audience and this is a 5 in that direction, which seems like a great start. That's my greatest rich life: to come from a certain place that is the most authentic place I know and which usually collapses into fight/flight when others don't get it or seem to say "that has no value." The funny thing is that I am certain that if I did not collapse into fight/flight offense/defense and could hold that centered persona my entire life would re-organize itself in about a month with some people leaving, others coming in and people learning to see/trust this core part. Instead, I find the sting of rejection/dishonor so painful and the dissociation and judgement of that sting so angering that I completely lose the tether to who I am and so I avoid who I am in to avoid the triggers of dishonor and then feel cynical, bitter and irritable on the sidelines.
My goal is to find at least one person who can be my ally/tether as I navigate the sting and stay centered in Self. I think that's why a deeply committed relationship is my highest priority. I've never had a partner who would not abandon themselves to please others or who would stand by and champion me in abnormal arenas that are highly intelligent. I think that knowing that one person sees me and is seen by me provides and anchor to the re-traumatization of the essential self that is lost every time this happens. I believe it is a two year old inside that is first recognizing that authentic emotional expression is feared/hated and that manipulation is necessary and preferred to survive. That two year old is the most beautiful part that I know and yet trauma is so overwhelming to re-program alone. I find so much grief in the dating arena where two clumsy people are navigating this terrain without a map or the tools to create one... Four hours of daily quality time is the minimum time I've been able to map out the land-mines, avoid them and bring them to light before they explode and start building a map in language and container that works...
This turned into more of a free-flow, which is what I like about conversations. I think it's important to write thoughtful media responses for ourselves: the greatest value of any presentation is developing what emerges in us as a response and avoiding the numbness of passive digestion of others without sympathy, antipathy and synthesis.
Tim all of your podcasts are invaluable. Started with 4-hr workweek now we here!Thank you.
This is the best talk on money ever
Thanks both of you. Tim your questions were spot on. Remit your approach to money and therefore life is enriching. I am already putting things into practice.
Thank you for this episode. I love to listen to your thoughts Tim and I also love what Ramit is thinking out loud. Listening to both of you at the same time is a joy and always inspiering. I will have this conversation with my husband for sure!
Loved this episode and an embracing of a rich mindset.
My personal experience, and my family’s - however - is that of chronic overspending. Would love to look at more tools from this side of the fence.
a rich life is being heard at a deep level and accepted even when I am being difficult. It is being housed, fed and cared for. It is being health and having time to get enough sleep. Most important it is having a great hug close by and accessible.
Great convo - the Billy Joel coffee shop story was the icing on the cake!!
Ever since the prenuptial conversation, I was hoping Ramit would come back now that I'm in a different stage in life.
amazing one.. enjoying relistening!
Tipping can also be your money dial - love it!
I live in a place where most of us don’t care how much money people make. Although I must say that people who arrive from elsewhere are not the same. It really has to do with how interesting the person you are talking to is. Most people would be surprised how interesting people can be.
Ramit talks like Leo when he's making the sales calls in Wolf of Wall Street!
Love the idea of the "rich life".
you guys are amazing! 🥰
min. 57 - A challenge: spend $100 (or more, if you're a high earner), in the next 48 hours :)
Think what would you like to spend money on for YOURSELF ONLY. (not on your kids etc.)
challenge accepted! 🙃🥰
Hey Tim & Ramit, now this just SPIKED @ 20:35
By the way, this conversation is so powerful it's not possible for me to listen to this on the side
❤🎉 Thank you Tim Ferris.With love 💕 from Lagos Nigeria
i just finished the amazing interview with Gabor Mate you made a while back, and now here's a new video, you will get me addicted Tim :)! I'm so excited about your content! ''juicy'' yes, always! 🤩👍
Love this interview, great insight
Bro, I love how fucking detailed you are in every word you use. Great podcast BTW.
I just bought my dream automatic espresso maker because of this episode! Ramit is the best.
Awesome! Enjoy your coffees ☕👌
Love it. Good podcast
Thanks alot! Always very motivating to save and also to spend regarding my Rich Life :)
The way Tim came up with a catchy book title on the spot was quite impressive! Lol Great video, guys, gave me alot to think about.
He always has been good with the titles! 📚
So good. Thank you both!
Great episode, great podcast.
My only suggestion would be to add bookmarks and time stamps-or at the very least-give a description of what is going to be discussed in some detail.
How do you define the distinction between your rich life and overspending? The person who overspend by ordering stuff on Amazon might say "that's my rich life, if I like something, I buy it"
In other words, how do you know when you're able to spend that money? Because if you start too early, it's basically the same as overspending.
Your rich life is a goal, if that's ordering anything from Amazon, then you need to put a number on that, let's say $1,000 per month. Then in order for it to be your rich life you need to generate $1,000 you can use freely to order from Amazon, and you do it only once you've reached that goal.
@@John_2k quality answer dear
Top episode!
This was great, thank you!
Great interview... Alright, so I suppose my $100 spend is gonna include the IWTYTBR Journal.
I dropped a like and a sub and that'd rare for me to go out of the way to like a vid this was amazing
Her: "I grew up with an alcoholic father"
Him: "HOW...DO...I...HELP...YOU....... to achieve my goals??"
Oh wow the level of empathy on that man. xD
I laughed so hard at the part it hurt. I think I cried a little too. That poor lady. Hope things are better for her now 🤣
Good one
It's Remy's birthday this weekend.So just curious what did you do for him for his birthday?I'm pretty sure he got a nice bad last year from you
That is some mature stuff, yes I like it SO much!!!!!!
Good perspective to imagine the end game and work towards that. Generosity bounces back.
Great podcast! 😃
Hi Tim, Ramit,
I'm going to spend $100 on getting both a manicure and a pedicure. Thank you.
Does anyone know what kind of bookshelf Remit has in his background?
Good conversation but essentially the same as the last podcast with ramit
Tim: Give an example of a 9 out of 10 problem with a simple solution.
Ramit: the solution is to uproot your family and move to a lower COL state
😂
Tim, break the talks up into segments, too.
I'm trying to get my students into your talks, but they're complaining that they don't have time to listen to your talks in full.
Tim's transcripts are great, and PodcastNotes are awesome for quickly finding the relevant sections!
Also, Tim would say, "If you don't have time, you don't have priorities."
Tell them to make time
@@emjayel4509 This 👆👆👆
Add timestamps
$7 at target , brilliant
😂 got to give credit where it’s due! 👏
Every journey begins with a single Oy! Lol
Why don't you dream bigger?
Because I want to live my dream, not get caught up in materialist consumerism and keeping up with the Jones.
Because if you constantly "dream bigger", then by the time you've got 1M you'll need 5M, and by the time you've got 5M you'll want 10M, and by the time you've got 10M you'll be thinking that 30M would be nice. That's a never-ending trap. You're running on a hedonic treadmill.
Personally, I'd rather get off the ride, opt out of the rat race. Dream bigger? Na. Attain the dream, then live the dream.
I think you misunderstood the crux of what he was saying.
Your point was his point as well. With the amount of money she was earning, she could could be enjoying the fruits of her labor beyond spending $150 dollars at whole foods. There was a misalignment in her reality and her perception of financial status.
How else would you keep up with inflation and interest rates??
Doesn't this guy sound like just a personal shopper? 🤔
I don't have a partner. A pattern in my life was having money borrowed by them in trust and not paid back or being left to pay rent a young girl didn't pay when I found her a place to live ( she went out partying). This turned into a habit of spreading money to everyone in the family (my kids , ex husband etc) when I received big sums from house sales etc.I had to get rid of it quick! then no one could take it from me and hurt my feelings.
I now reward myself if I do good things to help myself (was odd to spend on me at first) and it helps so much for me to feel good about me. I am more discerning with my money which is enough to get by and spend a little on me each month. I invested in a low cost index tracker when I was scared about plonking £50 in there . . . now I don't notice its going there (Fidelity) My true rich life is enjoying our funny family get togethers most weekends. My adult granddaughter is going to Italy for a year with her Uni course and I am saving to join her for a month:) I live happy now but nor real rich monetary wise, I will be very careful with my next lump sum from wherever and I have an exciting time to look forward to. I review and learn, progress and make better decisions, love my life now enjoying my family and I am excited about the future too. Like a recipe for a lovely cake :)
Los odio que no está en español
Ni la traducción un asco de mi que no se inglés soy un pelotudo
Why do u sneak controversial words in your sentence
Nothing controversial about "the", "finance", "shopping", or "debt".
Wow, I didn't know Tim was bisexual?
When he say that?
@@TKGZONE In the video, they were talking about it about 3/4 of the way through (somewhere around there)?
Listened to the whole episode but did not hear any mention of this?
@@davidoconnor1773 he never said that the person above is probably just a troll
Yeah. Flowers and handbags.
"Good times create weak men. And, weak men create hard times."
898,000 subscribers? Stefan Molyneux had 1 million when Alphabet Incorporated kicked him off the platform.Weak, Tim. Weak.
Do come back when you have 900,000 subscribers, wrote several bestselling books, started and ran companies, are an angel investor, have connections to the best of the best, have millions in the bank and are fit af. See you in never, idiot.
That was Amazing. Thank you ! ☺️