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

“I work 7 jobs but can’t get ahead. Are we doomed?”

4 Mar 2025 · 1 min

Watch on YouTube

0:42

A YouTube conversation (Ramit Sethi, guest speakers) about personal finance challenges — specifically savings shortfalls, spending choices, and debt/collections. Early transcript shows a speaker reporting having had nearly $50,000 saved, owning five motorcycles, admitting past spending on weed, and references to college-era debt/collections and possible bankruptcy. The tone is candid and confessional, with host prompts probing causes and remedies.

At one point, I had almost 50,000.
In savings. What happened to it? Don't say the motorcycle.
We have five motorcycles.
Five motorcycles? I don't even have five books I wrote. Why do you have five motorcycles?
This is your fault. This is my rich life. What happened the first time you met? You were trying to tell me how to run my business.
Yeah, he was doing it all wrong.
I didn't have a good role model for money growing up. I am so far behind on any kind of savings. Amber's behind as well. We really need to step up how much we're putting away.
What did you do with that?
I bought a lot of weed with that one. I was not a good sibling. I was not a good son. Caused a lot of heartache and a lot of grief. I'm forever trying to make up for that.
Have you ever had to declare bankruptcy?
In college? I got in over my head. The collections agencies were following up with me, and I tried to pay them a smaller amount and they refused.
Did you think that bankruptcy was serious?