Ramit Sethi

Please come on my podcast, Money For Couples

To save money, pick your 3 biggest discretionary expenses -- usually eating out, shopping, and subscriptions -- and cut 50% within 6 months. That frees up hundreds a month. Trying to cut 5% on everything guarantees failure and makes you miserable

Had an amazing coffee experience at Kabin in NYC. Highly recommended. It’s one of my favorite spots now

Racism is structural It is the decision to create highways directly through black neighborhoods, decimating generational wealth It is in the higher temperatures in poorer & predominantly minority neighborhoods

I wish you understood how everyday people think about money. Deep down, you believe most people are sitting there carefully calculating their savings goals, investment returns, and financial ratios -- because you are a NERD posting on twitter and you enjoy managing money. You are an outlier! 50% of people literally don't know their own income 90% of people in debt don't even know how much they owe When the average person talks about what he wants to do with his money, it's less a person calculating numbers and more a kid going into a pet store and pointing at cute puppies saying, "I want that" For example: "I want to buy a house next year" (48 years old, $52,000 of credit card debt, less than $100K invested and genuinely believes it's possible. Has never run a single financial calculation in his life) Once you understand the mental framing around money, you will start to understand people's behaviors with money The good news is, people can change very quickly IF they have a powerful reason to (and with a lot of luck)

Quite beautiful. It's a new day in America as voters across expel racist, fetid white nationalist Republicans from their sinecures because they finally see how Republicans have terrorized minorities, lied to our faces, and enriched themselves at our expense. Money is political

Every year, my wife and I do an annual Rich Life Review We start with picking 20 of our most memorable photos from the last year. We share them with each other and talk about why they were so meaningful We come up with a shared theme for the next year. Once, our theme was “A Year of Adventure.” Next, we talk about what we want to do MORE of and LESS of. Maybe it’s more eating out, less eating out, more time with family…whatever we’re feeling for the next year Finally — this is days later — we talk about our numbers. Where did we overspend vs plan? Where did we underspend? Based on our Rich Life and annual theme, how do we want to reallocate spending for next year? This is how we ended up on a gorilla trek in Rwanda. Truly magical and even more special because we got here by working through the Rich Life process

Another example: Bloodthirsty whitewalker Alex Karp of Palantir is now calling himself a "progressive": nitter.cf/krystalball/status/212…