Ramit Sethi: Never Split The Bill, Its A Red Flag & Renting Isn't Wasting Money!

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The Diary Of A CEO with Steven Bartlett

Guest
Master your money, revolutionise your relationships, and live a rich life with personal finance expert Ramit Sethi.

Ramit Sethi is the host of the Netflix series ‘How to Get Rich’ and author of the best-selling book, ‘I Will Teach You to Be Rich’. He is also founder of the podcast, ‘Money For Couples’.

In this conversation, Ramit and Steven discuss topics such as, how to create your vision for a rich life, why you should rent rather than buy a house, the best money talks to have with your partner, and the top 3 money red flags in a relationship.



00:00 Intro

01:35 Why People Should Care About This Conversation

02:25 What Has Ramit Learned About Money And Relationships

04:10 Differences Between Men And Women's Spending Habits

05:40 What Are The Sources Of Arguments In Relationships

07:14 Women Earning More Causes Problems

11:47 You Don't Need To Buy A House To Be Successful

14:18 Should Men Remain Single?

15:39 Who Should Pay For The First Date?

18:09 Should Men Be Chivalrous?

19:45 What Are Financial Red Flags?

20:51 The Money Types – Avoider

22:17 The Optimizer

24:31 The Worrier

26:14 The Dreamer

27:29 Which Money Type Lives A Happier Life?

29:14 Do You Know How Much Your Partner Makes?

31:32 Should You Keep A Bad Financial Situation A Secret?

36:00 Are Prenups A Good Thing?

42:44 Do We Need A "Money Guy"?

43:59 Red Flag: They're Cheap

45:24 Robert Kiyosaki's Advice Is Rubbish

46:36 What Makes A Worrier?

48:14 What Is A Rich Life Vision?

52:32 Merging Finances As A Couple

58:15 Should You Sweat The Small Stuff?

01:00:13 Is Buying A House Financially Savvy?

01:03:59 Why Is It Hard To Buy A House In 2024?

01:07:13 A Better Use Of Money Than Buying A House

01:14:04 Alternatives To House Buying For Investments

01:16:16 Uncovering Finances And The Shock It Can Have

01:22:19 Should You Make A Budget?

01:24:01 How Do We Teach Our Kids About Money?

01:27:16 Should We Let Our Kids Enjoy Our Wealth?

01:28:23 How To Raise Kids Without Spoiling Them

01:29:34 How To Educate Your Kids If They Want To Be Wealthy

01:31:54 The Principles Of Wealth Creation

01:33:57 How Much Money Do You Need To Start Investing?

01:35:27 Gambling In Relationships

01:36:46 Money Issues Destroying Marriages

01:38:09 Steven's Parents' Money Mystery

01:39:23 If You Have Enough, Why Continue?

01:40:01 What Ramit Would Do With A Surprise $100M

01:41:55 What People Love To Spend Their Money On

01:47:01 The Guest's Last Question



Follow Ramit:

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You can pre-order Ramit’s book, ‘Money For Couples’, here: https://g2ul0.app.link/L532luaWBNb



Watch the episodes on Youtube - https://g2ul0.app.link/DOACEpisodes



My new book! 'The 33 Laws Of Business & Life' is out now - https://g2ul0.app.link/DOACBook



You can purchase the The Diary Of A CEO Conversation Cards: Second Edition, here: https://g2ul0.app.link/f31dsUttKKb



Follow me:

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Sponsors:

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