Ramit Sethi

How could you spend that much?

And they will essentially present the message that it's all your fault.

Now, I believe that we should take personal responsibility for our money.

Yes, 100%.

That's why I talk about savings rate and I call people out when they're spending more than they have.

But we can simultaneously acknowledge that and the need for systemic reform.

You will not hear...

the need for systemic reform on many personal finance media platforms.

You will not hear them talking about why housing is so expensive.

It's not just because, it's because of nimbyism.

Because of a political decision that we've made.

You will not hear them talking about raising money, taxes on billionaires, even though taxes are historically low.

No, you will hear them simply saying, you spend too much on oats every morning and you're a bad person.

I find that to be nonsensical.

When you understand that society is not simply a culmination of people making individual decisions, but there are structural reasons that we are the way we are, structural, then suddenly you start to realize, oh, money is much more nuanced and interesting, and you actually become a lot more compassionate about it.

Whoa, whoa, whoa.

Hold on, hold on.

That's not what I said.

This is an introduction.

Yeah.