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Ramit Sethi

๐Ÿ‘ค Speaker
1102 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

72% of people agree.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Let's discuss that.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

We might as well.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

It's actually more relevant than this.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

But when it comes to what are you supposed to do, yeah, you do need to work on improving your relationship.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Just today, I have an episode on my podcast of a couple.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

He won't buy a new office chair.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

He's had his chair for like 15 years.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

It's aching his back.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

She has holes in her pants and they are so struck by ultra frugality, by scarcity.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

I work with them.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

I talk to them.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

There's lots of reasons they feel that way.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Eventually I show them if they stop investing today, never add another cent, at retirement they'll have $9 million.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

This is quite common.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

Common in the sense that almost nobody knows what they're gonna have even at age 65, which is a very simple math calculation.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

And it was shocking.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

That insight alone that all of us spend our entire lives worrying about money but never run a couple of basic calculations.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

That's just the first step.

Prof G Markets
Why Americans Earning $500K a Year Still Feel Broke

You got to know your numbers.