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Feb 2023
51m 12s

Ramit Sethi – How to Spend (and Actually...

The Mad Fientist
About this episode

On today’s episode of the Financial Independence Podcast, I welcome back Ramit Sethi from I Will Teach You to Be Rich!

I needed someone to come on the show to provide some tough love and Ramit was the only person for the job.

As Ramit mentioned during our last interview, FIRE people are great at knowing what NOT to spend on but we’re not good at knowing what to spend on.

Spending is going to be a big focus on the Mad Fientist this year and I can’t think of a better way to kick off this discussion than by getting yelled at by Ramit so hope you enjoy it!

Highlights

  • Why we doubled our annual spending (and was it worth it)
  • What Ramit did to make me get all clammy and uncomfortable
  • Why pay less when you can pay more
  • How to imagine your own rich life
  • Why you should start wasting some money at a certain point
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