The Hidden Truths About Wealth That No One Talks About | Ramit Sethi (Archived Episode)

Simple and practical financial advice sounds familiar, but is rarely ever truly given. Maybe you have access to financial advisors you trust and maybe you don’t. Understanding for yourself that money, investing and living a rich life is much simpler than you could imagine is the most important thing for you to remember. Ramit Sethi has joined me twice before to bring you sound financial advice and he delivers again. He shares investing strategies worth considering if you are looking to create wealth. Even if you’re a modest investor, you’ll want to hear how he breaks down the truth behind hidden investment fees, advice for couples to understand the root of their money problems and solutions for those never-ending disagreements around finances. This episode will give you the tools you need to reconsider your investment strategy, how you approach money and why, and the best way to move towards living the rich life, however you define it! Order Ramit Sethi’s book, I Will Teach You To Be Rich: https://amzn.to/2VmKbKk [Original air date: 8-3-21]. SHOW NOTES: 0:00 | Introduction Ramit Sethi 1:42 | Current Financial Situation 2:31 | Low Fees Exposed 5:13 | What Great Investing Is 7:28 | Investing Isn’t Quick Money 10:53 | Understand Compound Growth 14:44 | Protecting Your Wealth 16:04 | Wealth Accumulation Strategy 26:51 | Low Cost Low Fee Funds 31:22 | Gamifying Investing 33:34 | Investment Journey 35:47 | Love and Money Solutions 42:35 | Couple with Separate Accounts 44:35 | Women Having Higher Income 49:09 | Pivotal Financial Conversations 53:43 | Spender Saver Couples CHECK OUT OUR SPONSORS: Range Rover: Explore the Range Rover Sport at https://landroverUSA.com Miro: Bring your teams to Miro’s revolutionary Innovation Workspace and be faster from idea to outcome at https://miro.com. Legal Zoom: Launch, run, and protect your business at https://www.legalzoom.com/ – use promo code 'IMPACT' for 10% off! Shopify: Sign up for your one-dollar-per-month trial period at https://shopify.com/impact Follow Ramit Sethi: Website: https://www.iwillteachyoutoberich.com/ Podcast: https://www.iwillteachyoutoberich.com/podcast/ Facebook: https://www.facebook.com/IWT/ Instagram: https://www.instagram.com/ramit/ What's up, everybody? It's Tom Bilyeu here: If you want my help... STARTING a business: join me here at ZERO TO FOUNDER SCALING a business: see if you qualify here. Get my battle-tested strategies and insights delivered weekly to your inbox: sign up here. If you're serious about leveling up your life, I urge you to check out my new podcast, Tom Bilyeu’s Mindset Playbook —a goldmine of my most impactful episodes on mindset, business, and health. Trust me, your future self will thank you. Join me live on my Twitch stream. I'm live daily from 6:30 to 8:30 am PT at www.twitch.tv/tombilyeu LISTEN TO IMPACT THEORY AD FREE + BONUS EPISODES on APPLE PODCASTS: apple.co/impacttheory FOLLOW TOM: Instagram: https://www.instagram.com/tombilyeu/ Tik Tok: https://www.tiktok.com/@tombilyeu?lang=en Twitter: https://twitter.com/tombilyeu YouTube: https://www.youtube.com/@TomBilyeu Learn more about your ad choices. Visit megaphone.fm/adchoices