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

You have to be honest with yourself about money. #moneyproblems #personalfinance #moneysavings

16 Jan 2023 · 1 min

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0:43

Short YouTube clip (Ramit Sethi) where Ramit and another speaker discuss the emotional impact of spending on a wedding. The speaker describes initial excitement then later regret after drawing from savings; Ramit emphasizes that part of living a rich life is being honest with yourself about money and not 'bullshitting' yourself. The piece focuses on emotional honesty as a practical financial behavior.

And I notice you're tearing up.
Sorry. That's okay.
Money is emotional. Tell me a little bit about why.
Well, I don't want to feel bad about our wedding, about spending that money.
Do you?
Yeah. I mean, a little bit, yeah. Now? Like today? Yeah. Two months ago? No, when it happened, I didn't. But after having had the two months of pulling from savings, yeah. It's like, oh, it would be nice to have that.
And what does it make you feel when you think about that now?
You know, it gets sad when I don't think about the money. I don't feel bad at all. I'm stoked about it. And I think that's part of the reason, too, why in my head, I'm like, no, it was less.
But who are you fooling when you say it that way?
Me?
Yeah.
Yeah.
You know, part of living a rich life is being honest. Honest with yourself, honest with the people around you. And if you can't be honest with yourself and you're bullshitting yourself, it's impossible to get ahead.