I’ve helped millions of people fix their money and in this video, I’ll look over 3 different couples’ finances — and show you exactly what I would do to fix them.
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Ramit Sethi is the host of Netflix’s “How To Get Rich” and New York Times bestselling author of “I Will Teach You To Be Rich”
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It’s possible to not have a phone bill. When I had less income, I got an Obama phone number (not the phone) and used that for 4 years. The internet was horrible, but almost everywhere I went had WiFi, my city park, work and even the grocery store.
Love your videos
I liked this format better, like others have commented. Maybe a little more about the people's background but I find myself forwarding to the CSPs in the one hour long videos where the couple talk about their childhood traumas and their backgrounds. I mean I don't mind if that gets summarized into a 15-20 minute video but 1 hour long videos is just too long when we are here to mostly listen to the finance bit.
"they should invest" "invest 50" "investing is important" yeah okay but investing in what????
I have been watching your videos for a while now but finally happened on this one. I have been living as CSP #3. 24% fixed costs, 56% take home going to investments, 20% guilt free spending. This is after my maxed/matched 8% retirement through my job that is paid as a life-long pension. I would feel so smug watching your analyses of CSP's with high fixed costs, but in a way I got my own set down with this CSP #3. I have actually finally ran the numbers (with the most conservative estimates) for a retirement at 60 and even cutting my investments in half and early retirement penalties gives me a retirement gross income more than what I earn now. I thought I was doing the right thing dumping so much in investments, living my comfortable but modest life. I have recalculated my CSP as best I can right now. It's still 27% to investments, but it's 48% guilt free (or 38/10 guilt free/savings (vacations/gifts)). I am still designing my rich life, but you're right. I need to think bigger.
@1pwNz0mb13Z
For the last couple, I like the idea that you should enjoy your money while investing but if your fortunate to be happy on a low budget, that savings will buy you freedom from wage slavery. Just dont forget when its time to enjoy your nestegg!