Ramit Sethi
ramitsethi.bsky.social
Ramit Sethi
@ramitsethi.bsky.social
Host of @netflix "How to Get Rich" & the Money For Couples podcast. Preorder my new book, Money for Couples 👉🏾 http://iwt.com/moneyforcouples
April 11, 2025 at 1:50 AM
How to handle the stock market dropping
April 7, 2025 at 5:55 PM
It’s actually a good thing that so many Trump supporters are losing their money in crypto scams. Republicans have been insulated from their poor decisions for too long. They vote against their own interests, only to be saved by Democrats (e.g., Obamacare). When you face real consequences, you learn
January 20, 2025 at 11:17 PM
Why are egg prices so high under Trump?

Why isn't the war in Ukraine over under Trump?

Why is it so hard to afford housing under Trump?

Why do we have so much government waste under Trump?

Why do we have a geriatric president under Trump?
January 20, 2025 at 8:40 PM
Startling how people make major financial decisions without ever running a single calculation

In my experience, 90%+ of people buying a house NEVER run basic calculations (buy vs. rent, amortization)

Same for buying a car & investing fees

Meanwhile, they agonize over coffee
January 18, 2025 at 5:03 PM
ANNOUNCING MY NEW BOOK!

Money For Couples shows you how to build a Rich Life together. Use the word-for-word scripts to stop fighting and build a shared vision. Set your accounts up to make it all flow smoothly

Best of all, use money to bring you both closer together

iwt.com/moneyforcouples
January 1, 2025 at 8:11 PM
In a marriage:

- Venmo'ing each other for expenses: No
- Each person having their own no-questions-asked account: Yes
- One person being the "Money Person": No
- Secret accounts: No
- Talking about money every month with an agenda that starts with a compliment: Yes
December 29, 2024 at 7:53 PM
Here are the 4 Key Financial Numbers you should know

- Fixed Costs: 50-60% of net income (take-home)
- Investments: 5-10% (the more, the better)
- Savings: 5-10%
- Guilt-Free Spending: 20-35%

Within those ranges? GREAT! If not, make a change. No need to track the price of pickles
December 29, 2024 at 6:49 PM
When couples fight about spending at Target or energy drinks at the gas station, it’s never about those expenses

It’s almost always about how much they spend on (1) housing, (2) cars, & (3) their values

But they don’t know they’re overspending, so they fight about $20 expenses
December 28, 2024 at 7:35 PM
My simple financial system:
- Small # of credit cards
- Automatic investing into low-cost index funds
- Healthy margin of error
- Long time horizon
- Focus on $300,000 questions including increasing income
December 28, 2024 at 4:00 PM
uh what
December 28, 2024 at 2:56 AM
5 rules for money in your relationship

1. Ask: What's our Rich Life? How are we using our money to live it?

2. Set up accounts so your money goes into a joint account, but each of you gets a separate, no-questions-asked account that only you have access to
December 27, 2024 at 10:56 PM
wut
December 26, 2024 at 10:56 PM
I have talked to multiple people on my podcast who complained about the “unaffordable” economy — specifically, inflation at the grocery store — while they had a car payment of over $1,400/month

They did not see a connection
December 23, 2024 at 2:12 PM
There should never be a "money person" in a marriage. Both partners should be involved, with each person in charge of at least one aspect of the family finances
December 22, 2024 at 5:01 PM
A very generous friend is donating 200 copies of my new book, Money For Couples, to an organization that could use them

If you're part of an organization like this, please email me the name of the org, description, and how you'd use them

ramit.sethi@iwillteachyoutoberich.com
December 22, 2024 at 12:33 PM
How it feels to know I have a weekend free of lawn mowing, leaf raking, gutter cleaning, wall painting, lightbulb replacing, Home Depot chasing, backyard maintaining, and pool cleaning
December 22, 2024 at 2:01 AM
Great point! Reminds me of how private jet flyers have a net worth 1,000x higher than those flying Southwest, which is why you should buy a private jet to become wealthy
December 18, 2024 at 1:48 AM
Reposted by Ramit Sethi
This @ramitsethi.bsky.social clip where he calls out scammers moving to florida is making my LIFE
youtu.be/MvLinlXiI_A?...

"I'm not saying everyone who lives in Florida is a scammer, but a lotta scammers sure live in Florida!"

🤣🤣🤣
Why You Should Stop Listening to Get-Rich-Quick “Gurus”
YouTube video by I Will Teach You To Be Rich
youtu.be
December 13, 2024 at 10:13 AM
American culture applauds this, but I find it sad and pointless

There is no virtue in living a smaller life than you have to
December 2, 2024 at 3:49 PM
If money was just numbers in a spreadsheet, you'd see a HUGE amount of people happy with their money right now -- especially since we have record highs in the stock market

Instead, we get posts like this

Remember: Your feelings about money are highly uncorrelated with the amount in your bank
December 2, 2024 at 3:02 PM
So you want to stop fighting about money with your partner

Try these word-for-word scripts

If one partner is a spender
November 30, 2024 at 12:23 AM
YES!!

Parents can open up a custodial account for kids and help them start investing early

I started investing at age 14 (with the help of my dad) and, almost 30 years later, I'm very glad I did
November 29, 2024 at 5:47 PM
In this video, you can see why housing is so expensive

This is Los Angeles. At 8 seconds, you will finally see "density"
November 26, 2024 at 2:34 PM