Money expert Ramit Sethi: The “Soft Life ” Money Trap, Cheap Rich People & Why Budgets Fail

Comments · 235

• JA

  @Jai_BestLife · 4 days ago

  I did NOT expect to see Ramit on this show. <br>He and The Budgetnista (Tiffany Aliche) helped me organize and completely change my financial health, several years ago.

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• JI

  @jillybeanssssss · 3 days ago

  i do love him, he has a way of talking to people without making them feel stupid and its the end of the world. Empathy goes a long way!

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• KE

  @Kelllllyyyy. · 3 days ago

  My ex was a dreamer and avoider. He was in $80,000 of student loan debt and constantly racking up and paying off credit card debt again and again and again. He made decent income and could have paid down his student loans faster but he paid the bare minimum and would constantly buy stuff he didn’t need. <br><br>When things got more serious and we started to talk about marriage I would bring up finances and he would get upset at me, he would say I’m “ruining” the fun or being a “Debbie downer.” Eventually he blamed me and broke it off cause he couldn’t take accountability for his actions. I will say, if anyone reading this is dating or married to a dreamer/avoider, you may want to think twice about that relationship. I wasted so much time and money in that relationship and had to manage everything. It’s not worth it.

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• RE

  @RebeccaEloisa · 2 days ago

  This thumbnail is everything <br>Ramit is frank, messy and I love it.

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• IN

  @InternetGirl1093 · 3 days ago

  I love how calm this conversation felt. That is a testament to Ramit&apos;s skill as well, because money discussions online always feel so &apos;emotionally charged&apos; in a negative way.

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• DA

  @dairyman16 · 4 days ago

  I love Remit and personal finance in general. Please have Tiffany The Budgetnista on next!

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• LU

  @luckyarchery · 2 days ago (edited)

  I love Ramit&apos;s content. Years and years ago in my first big girl job, he was the first to teach me how to negotiate my salary and how to quantify value at work. I appreciate his brand of financial advice. It&apos;s not about shaming, it&apos;s about figuring out what you value and how to position your financial life to support what you value. And I love that he hates spreadsheets 😂 he just gets it.

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• RC

  @RCain-di2tu · 1 day ago

  A true budget is NOT a tracking of money spent, it is a PLAN for spending money. <br><br>You don&apos;t just write down the money you spent on dining out, or gas or travel. That&apos;s tracking. You use a BUDGET to set an amount for how much you can afford to spend on dining out, gas or travel after you&apos;ve allotted for your fixed expenses such as housing, utilities, car notes, subscriptions, loan payments, child care AND SAVINGS.

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• AB

  @absolutetreasures6877 · 3 days ago (edited)

  Y’all got the good sense financial therapist on the podcast! &nbsp;Good job ladies 🙌🏾! &nbsp;I consider to be doing well financially, praise God, but every time I listen to Ramit, I always discover something I can do better and I relish in each gem he drops.

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• ED

  @eddeza1979 · 2 days ago

  It&apos;s so much harder to practice conscious spending when you&apos;re already buried in debt. You have to clear those obligations first before that 35% guilt-free spending becomes a reality.

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• LE

  @leslie-welch · 4 days ago

  Love Ramit but I don’t think many of us think of budgets as backwards looking. Businesses decide what to spend based on what is in budget. It’s planning ahead and making decisions before the spend and it takes more justification if it wasn’t budgeted for. I use the CSP, but its difference from my budget is how I group things. Not future vs past.

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• PR

  @ProcessesGuide · 3 days ago

  Really liked how he reframed money as a skill and a language, not just math. That shift alone makes the whole “rich life” idea feel way more approachable and less scary.

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