19/10/2024
Interesting sharing by Ramit Sethi. Who is Ramit Sethi? Ramit Sethi is a personal finance expert, entrepreneur, and author known for his best-selling book I Will Teach You to Be Rich. He provides practical advice on managing money, saving, investing, and building a rich life, emphasizing the importance of automating finances and spending money on things you value. He also runs the website “I Will Teach You to Be Rich,” offering financial courses and coaching on topics like entrepreneurship, career development, and relationships.
Sethi is popular for his straightforward, often unconventional approach to personal finance, focusing on big wins over cutting small expenses.
The 🔑 points in this video are
4 Money Types:
1. The Avoiders - the one who avoids “the conversation” about money. They hate talking about money and will do all to avoid it.
2. The Optimizer - the one who loves spread sheets and calculations. Often thought as “boring” and calculative , these types of people knows savings and investments. While generally good it can be taken too far
3. The Worriers - the one who worries too much financially. Typically picking it up from parents, they will always think they dont make enough.
4. The Dreamer - believes that success is one deal away, tend to fall for scams MLMs, crypto scams. Extremely resistant to calm low cost long term investing aka the right way.
Who lives a happier life?
Ramit Sethi is the host of the Netflix series ‘How to Get Rich’ and author of the best-selling book, ‘I Will Teach You to Be Rich’. He is also founder of the...
