Ramit Sethi Revisited: The Biggest Flaw of The FIRE Movement
17.3 هزار بار بازدید -
12 ماه پیش
-
Episode #433The
Episode #433
The last time Ramit Sethi was on the show, tears were shed, money fears were exposed, and Mindy was forced to take a hard look at her financial habits. Now, Ramit is back, as we revisit some of the critical moments of Mindy and her husband Carl’s interview on Ramit’s show, "I Will Teach You To Be Rich." In this episode, Mindy challenges the FIRE frugality she’s been stuck on for so long and discovers why more money isn’t always a good thing.
If you’ve ever had a money struggle, whether too much or too little in the bank, Ramit is who you should listen to. His advice goes far beyond the regular “save more than you spend, invest the rest” type of advice you constantly hear from frugal podcasters. Instead, Ramit wants you to maximize your happiness and make the most out of life while not struggling to survive. In short, Ramit wants you to live a rich life, not a frugal one.
If you struggle to spend, pinch pennies, or are dead set on reaching FIRE as fast as possible, this episode is for you. Carl, Mindy, and Scott will go over the common misconceptions about money, debunk the “wasteful” spending myth, explain why you should die with zero, and critique the flaws of the FIRE community.
Show Notes at:
https://www.biggerpockets.com/blog/mo...
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Got a Money Tip to Share? Send Us an Email:
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Past Episodes Mentioned in Today’s Show:
Ramit Sethi: https://www.biggerpockets.com/blog/bi...
Mr. Money Mustache: https://www.biggerpockets.com/blog/mo...
~~~~
Hear Mindy and Carl on “I Will Teach You To Be Rich”:
https://podcasts.apple.com/us/podcast...
~~~~
My Death March to Financial Independence:
https://www.1500days.com/death-march-...
~~~~
Books Mentioned in Today’s Show:
Set for Life: https://store.biggerpockets.com/produ...
Die with Zero: https://www.amazon.com/Die-Zero-Getti...
The Sweet Pickles: https://www.amazon.com/Sweet-Pickles-...
~~~~
Want to Be a Guest on the BiggerPockets Money Show? Apply Here:
Guests: https://www.biggerpockets.com/guest?u...
Finance Friday: https://www.biggerpockets.com/finance...
~~~~
Connect with Scott and Mindy on BiggerPockets:
Scott: https://www.biggerpockets.com/users/s...
Mindy: https://www.biggerpockets.com/users/m...
00:00 Intro
00:48 Money Moment
01:47 Stop Saving, Start Spending
06:41 Money, But No Time
07:28 Are We TOO Cheap?
15:32 Tough Money Love
18:35 Start "Wasting" More Money
24:21 Dying with "Zero"
25:28 Testing Your Spending
28:47 The Problem with the FIRE Movement
39:41 Achieving "Swift FI"
42:11 Building a Rich Life
The last time Ramit Sethi was on the show, tears were shed, money fears were exposed, and Mindy was forced to take a hard look at her financial habits. Now, Ramit is back, as we revisit some of the critical moments of Mindy and her husband Carl’s interview on Ramit’s show, "I Will Teach You To Be Rich." In this episode, Mindy challenges the FIRE frugality she’s been stuck on for so long and discovers why more money isn’t always a good thing.
If you’ve ever had a money struggle, whether too much or too little in the bank, Ramit is who you should listen to. His advice goes far beyond the regular “save more than you spend, invest the rest” type of advice you constantly hear from frugal podcasters. Instead, Ramit wants you to maximize your happiness and make the most out of life while not struggling to survive. In short, Ramit wants you to live a rich life, not a frugal one.
If you struggle to spend, pinch pennies, or are dead set on reaching FIRE as fast as possible, this episode is for you. Carl, Mindy, and Scott will go over the common misconceptions about money, debunk the “wasteful” spending myth, explain why you should die with zero, and critique the flaws of the FIRE community.
Show Notes at:
https://www.biggerpockets.com/blog/mo...
~~~~
Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?...
~~~~
Join the BiggerPockets Money Facebook Group:
Facebook: bpmoney
~~~~
Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
~~~~
Find Investor-Friendly Lenders:
http://biggerpockets.com/lendermatch
~~~~
Got a Money Tip to Share? Send Us an Email:
[email protected]
~~~~
Past Episodes Mentioned in Today’s Show:
Ramit Sethi: https://www.biggerpockets.com/blog/bi...
Mr. Money Mustache: https://www.biggerpockets.com/blog/mo...
~~~~
Hear Mindy and Carl on “I Will Teach You To Be Rich”:
https://podcasts.apple.com/us/podcast...
~~~~
My Death March to Financial Independence:
https://www.1500days.com/death-march-...
~~~~
Books Mentioned in Today’s Show:
Set for Life: https://store.biggerpockets.com/produ...
Die with Zero: https://www.amazon.com/Die-Zero-Getti...
The Sweet Pickles: https://www.amazon.com/Sweet-Pickles-...
~~~~
Want to Be a Guest on the BiggerPockets Money Show? Apply Here:
Guests: https://www.biggerpockets.com/guest?u...
Finance Friday: https://www.biggerpockets.com/finance...
~~~~
Connect with Scott and Mindy on BiggerPockets:
Scott: https://www.biggerpockets.com/users/s...
Mindy: https://www.biggerpockets.com/users/m...
00:00 Intro
00:48 Money Moment
01:47 Stop Saving, Start Spending
06:41 Money, But No Time
07:28 Are We TOO Cheap?
15:32 Tough Money Love
18:35 Start "Wasting" More Money
24:21 Dying with "Zero"
25:28 Testing Your Spending
28:47 The Problem with the FIRE Movement
39:41 Achieving "Swift FI"
42:11 Building a Rich Life
12 ماه پیش
در تاریخ 1402/05/02 منتشر شده
است.
17,304
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