Ramit Sethi: The Psychology of Money, I Will Teach You To Be Rich | E220

When Ramit Sethi graduated from high school, he built a system to apply for 60+ scholarships that earned him a full ride to Stanford University. But when he got his first scholarship check, he invested it in the stock market and lost it all. That’s when he decided to change his money mindset and learn the secrets of money-making. Today, Ramit helps a worldwide community of people who want to create their Rich Lives, their own way. In this episode, Ramit will cover his background and the psychology behind money. He will break down the concept of money dials and how to indulge in guilt-free spending. He will share his advice on how to create our very own RICH life.  

Ramit is a New York Times best-selling author of the popular book I Will Teach You To Be Rich. He is an expert on business, careers, negotiation, psychology, and money. Ramit hosts the popular podcast I Will Teach You To Be Rich and is also the host of the new show, "How to Get Rich," which premiered earlier this month on Netflix.

In this episode, Hala and Ramit will discuss: 

- Ramit’s early views on money

- Why Ramit started his finance blog in college

- What it means to live a RICH life

- The “invisible scripts” we believe about money

- The biggest money mistake that couples make

- Four numbers you have to track as a conscious spender

- The psychology of spending  

- Using our Money Dial

- Why we shouldn’t feel guilty about buying what we love

- How to land your dream job

- Negotiating your salary

- And other topics…

Ramit Sethi is a personal finance and business expert who studied psychology at Stanford. He started a blog about business, money, careers, and psychology that now has 1 million+ monthly readers. Ramit frequently appears in the media. He wrote the bestselling book I Will Teach You to Be Rich in 2009, and a new edition of the book in 2019. Ramit hosts the popular podcast I Will Teach You To Be Rich. Ramit also has a new Netflix Show called “How to Get Rich,” which premiered on April 18th, 2023.   

Resources Mentioned:

Ramit’s Website: https://www.iwillteachyoutoberich.com/

Ramit’s LinkedIn: https://www.linkedin.com/in/ramitsethi/

Ramit’s Twitter: https://twitter.com/ramit

Ramit’s Instagram: https://www.instagram.com/ramit/

Ramit’s Facebook: https://www.facebook.com/IWT/

Ramit’s Podcast I Will Teach You to Be Rich: https://www.iwillteachyoutoberich.com/podcast/

Ramit’s book I Will Teach You to Be Rich, Second Edition: No Guilt. No Excuses. No BS. Just a 6-Week Program That Works: https://www.amazon.com/Will-Teach-You-Rich-Second-ebook/dp/B07GNXPP4P

Ramit’s show “How to Get Rich”: https://www.iwillteachyoutoberich.com/netflix/

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