Ramit SethiRamit Sethi: The No-BS Guide to Living a Rich Life

Better Money Spent — Their Wedding or New Floors? | IWT 111 OUT now! #personalfinance #housebuying

8 Jul 2023 · 0 min

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0:26

Short excerpt from a Ramit Sethi YouTube video in which two speakers compare emotional and financial value of spending ~$15,000 on a wedding versus spending the same amount on new wood floors. One speaker reports both events cost about $15k; the other prefers the floors because they provide long-term value (noted as lasting ~30 years).

Questions this video answers

About $15,000 ("15 grand").

$15,000 ("15k").

About 30 years ("we're gonna have it for the next 30 years").

When we got married, it was about 15 grand for a wedding. First day we owned the house, we ended up remodeling the floors, and we paid the same amount. You paid 15k for the floors? Yep, 15k for the floors. The amount of, you know, joy and happiness that we had, kind of our wedding and how much money we spent and then the satisfaction kind of I got from wood floors, for me, helped kind of clarify where I see myself wanting to spend money. Shalom. What do you enjoy more, your wedding or the floors?
I think, my gosh, this is so hard. The floor. I would. I think I would choose the floor because we're gonna have it for the next 30 years.
All right.
It sounded really stupid.