Moment 148: Guarantee Financial Freedom! The 4 Numbers You NEED To Be Tracking: Ramit Sethi

Moment 148: Guarantee Financial Freedom! The 4 Numbers You NEED To Be Tracking: Ramit Sethi

In this moment, personal finance expert Rami Sethi breaks down the 4 finance numbers everyone needs to know and what exactly a ‘rich life’ is. Ramit says that most people don’t have even the most basic understanding of money, compare this to other areas of life such as driving, where we need to know the rules of the road before putting a key in the ignition. However, personal finance is actually incredibly simple and Ramit says that the four numbers you need to track are: your fixed costs like rent and groceries, savings, investments, and guilt free spending. From these numbers, Ramit says that he can see what are a person’s priorities and outlook on life. But more revealing is someone’s idea of their ‘rich life’. This is what a person’s life would look like if they finally reached the level of wealth they are chasing. Ramit says too often people’s answer to what their rich life is vague, for instance, saying they want to be able to do what they want when they want, or to have freedom. These answers are so vague as people have never really thought about this question before, but Ramit say they need to think about this potential future deeply and in detail so that they can truly envision it. Listen to the full episode here - https://g2ul0.app.link/hzKpXWPk1Gb Watch the Episodes On Youtube - https://www.youtube.com/c/%20TheDiaryOfACEO/videos Ramit- https://www.instagram.com/ramit/?hl=en-gb https://www.iwillteachyoutoberich.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(811)

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How She Built Her Confidence, and Then an Empire with Krissy Cela

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E56: She Cheated On Me and Thats Not All - with Dr. Aria

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2 Nov 202055min

Overcoming Depression, Burnout, Anxiety and Insomnia with Dan Murray-Serter

Overcoming Depression, Burnout, Anxiety and Insomnia with Dan Murray-Serter

In this weeks episode of The Diary Of A CEO titled "Overcoming Depression, Burnout, Anxiety and Insomnia with Dan Murray-Serter" we discuss: - Depression - where did it all start? - Psychedelics - Pos...

26 Okt 20202h 8min

I Tested Positive...

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What I cover in this episode: - The first lesson this pandemic has taught me - I have a secret to tell you - Changing the shape of your brain - Less answers and more questions - What are some of the m...

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How We Built A $200m Company At 27 Years Old

How We Built A $200m Company At 27 Years Old

- How to quit, why quitting matters and my quitting framework - Dealing with uncertainty instead of certain misery - How I built a £200m company at 22 years old - How I got 1 million followers on Inst...

5 Okt 202049min

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The Diary Of A CEO Trailer

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