Ramit Sethi tells John that swinging between zero and full effort with money doesn't work. Instead of burning out on strict rules, build a real debt payoff plan and allow small weekly treats like $5 chips and salsa to stay motivated.
John, are you all or nothing? I usually am 0 or 100. How's that work out for you? Right now, not well. For work, it's going well. I like the honest answer. I mean, I do my work pretty well. It's— yeah, John, you do the work well for other people. But the question is, what about yourself? You can create a powerful debt payoff plan. You can create a powerful savings plan. You definitely need more in savings. And you can go to the occasional gym. Or like, I like chips, so if I were in your situation, I would say once a week I'm gonna go out and eat chips and salsa. $5. But it's just something I enjoy. The point is not about spending $50 or $5. It's not about that. It's about you not grinding yourself into the husk of a man that so many men turn themselves into.
