Ramit Sethi

It's actually great to acknowledge I've worked hard, I've been lucky, I had help, and here I am, and I get to enjoy this rich life that I've created.

Maybe I don't quite know what my rich life is.

Okay, I'm going to embark on a journey to figure that out, solo, with a partner, with my children, whatever.

But to simply say I'm playing smaller,

then I can, that's a tragedy.

If, on the other hand, you do not have enough money, if you're not secretly wealthy...

Then, as Ben said, you got to know your numbers.

You need to know your four key numbers.

You need to set aside a certain amount.

We can even start at $50 a month, start putting it aside in investments, run a calculation to see how much that will turn into.

It's actually shocking how time can work on your side, even if you are starting a little later in life.

And that is the way that you start to make progress and then accelerate that progress.

You will be quite surprised that a lot of people discover they have more money than they actually realized once they go on offense with their personal finances.

Everybody needs these four numbers.

These are all part of my conscious spending plan.

The first is your fixed costs.

Okay.

So that would include your rent or mortgage.

Yep.

Your utilities, car payment, gas.