Episode

798 Spend With Joy with Ramit Sethi
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04:49
Published: Fri May 17 2019
Description

SPEND ON THE THINGS YOU LOVE. We all have an area of life we love spending money on. For me, it’s relationships. For you, it could be travel, food, wellness or something else. This is called your “money dial.” Once you figure out your money dial, you can spend intentionally on that rather than spending lots of money on everything. For this Five Minute Friday, I revisited a conversation I had with Ramit Sethi where he shared about his concept of “money dials” and how to spend money on the things that bring you joy. Ramit says that we should cut back spending on things we don’t care about but spend without apology on the area that makes us the happiest. We can also stop judging other people for having different money dials than us. Learn how to identify your money dial and how it can take your life to the next level in Episode 798. In This Episode You Will Learn: About the different “money dials” people have (1:40) The most common “money dial” (2:03) Ramit’s personal “money dial” (2:56) What you should cut back spending on (4:18) Follow me on: Instagram @LewisHowes Twitter @LewisHowes Facebook @LewisHowes

Chapters
In this 5 Minute Friday episode, New York Times bestselling author Ramit Sethi discusses the concept of a "money dial" and how it applies to different people's financial goals.
00:00 - 01:18 (01:18)
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personal finance
Summary

In this 5 Minute Friday episode, New York Times bestselling author Ramit Sethi discusses the concept of a "money dial" and how it applies to different people's financial goals. He highlights the importance of understanding one's own money dial in order to achieve financial success and fulfillment.

Episode
798 Spend With Joy with Ramit Sethi
Podcast
The School of Greatness
The speaker shares how creating personalized protocols can increase efficiency in different areas of life, including travel, for both successful individuals and those with more limited resources.
01:18 - 03:03 (01:45)
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Efficiency
Summary

The speaker shares how creating personalized protocols can increase efficiency in different areas of life, including travel, for both successful individuals and those with more limited resources.

Episode
798 Spend With Joy with Ramit Sethi
Podcast
The School of Greatness
The key to spending money intentionally is to figure out your money dial, the thing you love to spend money on, and spend more on that rather than spending on everything.
03:03 - 04:46 (01:42)
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Money Management
Summary

The key to spending money intentionally is to figure out your money dial, the thing you love to spend money on, and spend more on that rather than spending on everything. Once you identify your money dial, you can make two important changes to your spending habits.

Episode
798 Spend With Joy with Ramit Sethi
Podcast
The School of Greatness