Ramit Sethi says ‘people with a lot of money’ rarely keep enough of it in their checking account — here’s why Checking accounts help us manage our day-to-day financial transactions with ease, but personal finance expert Ramit Sethi argues not everyone uses these simple tools in the optimal way. “One of the most common mistakes […]
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Ramit Sethi wants Americans to stop believing a major ‘lie’ about housing
Ramit Sethi wants Americans to stop believing a major ‘lie’ about housing For generations, the virtues of owning one’s home versus forking over money to a landlord have been obvious. You build equity, you may get a tax deduction on mortgage interest payments, you gain bragging rights, you gain stability, and you can paint the […]
Ramit Sethi Says Becoming A Multimillionaire Is Simple — ‘Invest 10% Of Your Salary Every Year’ With 1 Condition
Ramit Sethi, a self-made millionaire and author of “I Will Teach You to Be Rich,” offered advice to young professionals on their journey toward financial proficiency. “You’ve got to invest 10% of your salary every year,” he told CNBC Make It. At the end of the year, increase that by 1%. Do this for as […]
‘On Paper We’re Not Broke, But It Feels Like We Are.’ This Couple Makes $70,000 A Month But Still Stresses Financially – Ramit Sethi Points Out Tracking Every Cent Doesn’t Put You In Control
Sandra and Brad, a couple with a net worth of $1.3 million and an income of up to $70,000 per month, share their financial struggles on Ramit Sethi’s podcast “I Will Teach You to be Rich.” Despite their wealth, Sandra confesses, “On paper we’re not broke, but it feels like we are.” This sentiment highlights […]
This doctor has a $500K job offer — and his wife wants him to turn it down. Ramit Sethi sees her side, but cautions the couple not to fall victim to this this 1 trap
Ramit Sethi slams Kevin O’Leary for repeating the tired trope of creating wealth by skipping coffee, says ‘frugality’ isn’t the key to riches
‘Just tell the honest truth!’: Ramit Sethi slams Kevin O’Leary for repeating the tired trope of creating wealth by skipping coffee, says ‘frugality’ isn’t the key to riches Buying coffee to-go has become a hot topic in personal finance. Some high-profile financial experts are convinced that overspending on lattes and cappuccinos is among the key […]
This surgeon and his wife didn’t realize their financial adviser may have been charging a high fee until Ramit Sethi set things straight
Feeling broke on a $665K salary: This surgeon and his wife didn’t realize their financial adviser may have been charging a high fee until Ramit Sethi set things straight Jeff, 50, is a specialized surgeon. His wife Susan, 48, is a stay-at-home mom. Even though Jeff earns an enviable $665,000 a year, the couple — […]