Episode
#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
1:37:55
Published: Wed Jul 28 2021
Description
Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge | Brought to you by Wealthfront automated investing, Athletic Greens all-in-one nutritional supplement, and Pique Tea premium tea crystals. More on all three below.Ramit Sethi (@ramit), author of the New York Times bestseller I Will Teach You to Be Rich, has helped tens of millions of people live a rich life with their money, careers, businesses, and psychology. He hosts more than a million readers on his site iwillteachyoutoberich.com, newsletter, and social media. His new podcast, I Will Teach You to Be Rich by Ramit Sethi, reveals real stories about love and money from behind closed doors. Subscribe on Apple Podcasts, Spotify, or wherever you listen to fine podcasts.Please enjoy!This episode is brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $20 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost. Smart investing should not feel like a rollercoaster ride. Let the professionals do the work for you. Go to Wealthfront.com/Tim and open a Wealthfront account today, and you’ll get your first $5,000 managed for free, for life. Wealthfront will automate your investments for the long term. Get started today at Wealthfront.com/Tim.*This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could only use one supplement, what would it be?” My answer is usually Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and five free travel packs) with your first subscription purchase! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.*This episode is also brought to you by Pique Tea! I first learned about Pique through my friends Dr. Peter Attia and Kevin Rose, and now Pique’s fermented pu’er tea crystals have become my daily go-to. I often kickstart my mornings with their Pu’er Green Tea and Pu’er Black Tea, and I alternate between the two. Their crystals are cold-extracted, using only wild-harvested leaves from 250-year-old tea trees. Plus, they triple toxin screen for heavy metals, pesticides, and toxic mold—contaminants commonly found in tea. I also use the crystals for iced tea, which saves a ton of time and hassle.Pique is offering 15% off of their pu’er teas, exclusively to my listeners. Simply visit PiqueTea.com/Tim, and the discount will be automatically applied. They also offer a 30-day satisfaction guarantee, so your purchase is completely risk free. Just go to PiqueTea.com/Tim to learn more.*If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit tim.blog/podcast.Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chapters
This podcast discusses the importance of gut health and how drinking fermented Pu-Air tea can provide the optimal fertilizer for your microbiome, delivering more polyphenols and probiotics.
00:00 - 05:29 (05:29)
Summary
This podcast discusses the importance of gut health and how drinking fermented Pu-Air tea can provide the optimal fertilizer for your microbiome, delivering more polyphenols and probiotics. Additionally, the podcast includes an advertisement for Athletic Greens' all-in-one formula and a free vitamin D supplement with a subscription purchase.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
People often think that paying off their debt or making a certain amount of money will change their attitude towards money.
05:29 - 11:37 (06:08)
Summary
People often think that paying off their debt or making a certain amount of money will change their attitude towards money. This podcast challenges that belief and explores how to change your financial mindset.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
The podcast episode explores the difference between what we claim we want to do with money versus what we actually do, and the psychology behind that.
11:38 - 15:45 (04:07)
Summary
The podcast episode explores the difference between what we claim we want to do with money versus what we actually do, and the psychology behind that. The guest speaker shares his experience talking to ordinary people about their money and the surprising insight he gained from it.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
The speaker emphasizes the importance of hearing where people are not aligned through disagreements, as it leads to growth and understanding.
15:45 - 20:55 (05:09)
Summary
The speaker emphasizes the importance of hearing where people are not aligned through disagreements, as it leads to growth and understanding. They also discuss how a "rich life" is more than just financial success and can vary based on an individual's values and personal experiences.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
In this podcast, Brad and Jonathan discuss how to build your rich life and encourage people to think about their choices without external influence by discussing the benefits of embracing the concept of a rich life, which is different for everyone.
20:55 - 29:59 (09:03)
Summary
In this podcast, Brad and Jonathan discuss how to build your rich life and encourage people to think about their choices without external influence by discussing the benefits of embracing the concept of a rich life, which is different for everyone.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
The path to a "rich life" can be overwhelming, but starting with understanding your money psychology and what truly matters to you can help you create a plan to achieve your financial goals.
29:59 - 36:37 (06:37)
Summary
The path to a "rich life" can be overwhelming, but starting with understanding your money psychology and what truly matters to you can help you create a plan to achieve your financial goals.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
The speaker shares Steve Jobs' fashion habits and the importance of focusing on rich life goals instead of just expenses.
36:37 - 43:01 (06:24)
Summary
The speaker shares Steve Jobs' fashion habits and the importance of focusing on rich life goals instead of just expenses.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
The podcast discusses how to create an environment conducive to having conversations regarding a desired wealthy lifestyle.
43:01 - 46:49 (03:48)
Summary
The podcast discusses how to create an environment conducive to having conversations regarding a desired wealthy lifestyle. The speaker also mentions his peculiar packing habits for extended trips.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
The speaker talks about the importance of analyzing poor financial habits and how it can lead to significant savings and investments through the right planning and guidance.
46:49 - 54:15 (07:25)
Summary
The speaker talks about the importance of analyzing poor financial habits and how it can lead to significant savings and investments through the right planning and guidance.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
The guest speaker shares her personal experience with prenups, debunking popular TV myths surrounding them.
54:15 - 58:59 (04:43)
Summary
The guest speaker shares her personal experience with prenups, debunking popular TV myths surrounding them. She also discusses how even simple solutions can solve serious fights in relationships.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
Tim advises cheap couples on how to manage their finances and spend their saved up money wisely.
58:59 - 1:02:44 (03:45)
Summary
Tim advises cheap couples on how to manage their finances and spend their saved up money wisely. He also offers tools, exercises, and resources for managing money as a couple.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
A discussion on how personalized advertising in e-commerce has evolved to involve sophisticated algorithms that analyze consumer data and behavior to offer tailored recommendations and promotions.
1:02:45 - 1:06:03 (03:17)
Summary
A discussion on how personalized advertising in e-commerce has evolved to involve sophisticated algorithms that analyze consumer data and behavior to offer tailored recommendations and promotions.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
The speaker reflects on how personal experiences can have different meanings and values for different people, and how personal background can influence one's attitude towards spending money on them.
1:06:04 - 1:10:27 (04:23)
Summary
The speaker reflects on how personal experiences can have different meanings and values for different people, and how personal background can influence one's attitude towards spending money on them.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
Tim Ferriss discusses the importance of developing the skill of translating dollars into value, whether it is through investing or spending and how it can help enjoy the experiences and feelings received from money in the long run.
1:10:27 - 1:15:19 (04:52)
Summary
Tim Ferriss discusses the importance of developing the skill of translating dollars into value, whether it is through investing or spending and how it can help enjoy the experiences and feelings received from money in the long run.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
The choice between accumulating wealth and living rich can be a difficult decision.
1:15:19 - 1:23:31 (08:11)
Summary
The choice between accumulating wealth and living rich can be a difficult decision. Some people choose to prioritize rich experiences over financial gain, while others prefer the opposite.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
Making a small commitment to generosity, such as consistently tipping an extra 15%, can have a big impact on those around us, inspiring greater generosity and kindness.
1:23:32 - 1:30:18 (06:46)
Summary
Making a small commitment to generosity, such as consistently tipping an extra 15%, can have a big impact on those around us, inspiring greater generosity and kindness.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
Tim Ferriss shares the coolest things he found or pondered over during the week, including music, in his very short email every Friday.
1:30:19 - 1:35:21 (05:02)
Summary
Tim Ferriss shares the coolest things he found or pondered over during the week, including music, in his very short email every Friday. In this episode, he mentions a special offer for a vitamin D supplement and free travel packs from Athletic Greens.
Episode#524: Ramit Sethi — How to Play Offense with Money, Plan Bucket Lists, Build a Rich Life with Your Partner, and Take a Powerful $100 Challenge
PodcastThe Tim Ferriss Show
Peak Tea Crystals are made with wild harvested leaves from 250 year old tea trees and are triple toxin screened for heavy metals, pesticides and toxic molds.
1:35:21 - 1:37:45 (02:23)
Summary
Peak Tea Crystals are made with wild harvested leaves from 250 year old tea trees and are triple toxin screened for heavy metals, pesticides and toxic molds. They are easy to make and come in both hot and cold varieties.