Ramit Sethi
👤 SpeakerAppearances Over Time
Podcast Appearances
They cannot do it.
They will spend it on their dog.
They'll spend it on their kid.
They'll spend it on their partner, but they will not do it for themselves.
And I go, why didn't you do it?
They go, Ramit, do you know that if you put $100 in the S&P 500 and you compound that for the next 45 years, it'll turn into this much?
I go, I don't give a shit.
Spend the money.
Because money is not simply meant to be hoarded, right?
It's meant to create a rich life.
And when you have optimizers...
The thing is, they can get you to a very good place.
They will probably have your account set up, dialed in.
They'll be investing.
Great.
They're going to be very proud.
Look at the compound interest returns.
All that is fantastic, but it can be taken too far.
What a waste.
Yeah, like people send these newspaper articles around like, oh, local librarian discovered to have $9 million.