Ramit Sethi says most people stay stuck financially because they haven't defined what their rich life actually looks like. Without concrete goals like leaving your job to start a business or funding annual family vacations, your money decisions have no direction.
What's my next step? I don't know. What's a savings account? I have no idea. How much money do I make? What's that? Does it feel like you have a clear purpose? Or does it feel like you're just guessing and hoping? Step number one, identifying your rich life. Imagine walking into your boss's office and saying, I'm done because you saved enough to start your own business. Or taking your parents on a dream vacation, paid in full every year. Or maybe it's being able to afford raising children in your hometown where you're close to family. Your rich life is personal to you, and once you get clear about it, you define it, everything changes. Your money suddenly has a purpose.
