Financial expert Ramit Sethi doesn't think you're taking 'living well' seriously enough. Boisterous host of Netflix's new show how to get rich In Men's Health's “Men's Wealth” corner, we provided concise, practical tips on how living a wealthy life isn't as expensive as you think. And it all starts with seeing money as a tool rather than a burden.
“We have to stop talking about this as if there's something wrong with money, saying, 'Oh, God, I have to pay this back. This sucks,'” Sethi said. “What about 'How can I spend money to get that? And how can I stop worrying about money and feel good about money?'”
Sethi, who admits to accidentally wasting $100,000 on useless software, advises people to expect mistakes on the road to a wealthy life. But first they must know what a rich life means to them. In the video, Sethi explains how the more specific you are about your rich life goals, the closer you will be to them. That's why Sethi believes that people who want the freedom to do whatever they want are less likely to truly understand what a rich life means to them than people who want to pick up their children from school every afternoon. I feel that there is not.
Sethi offers unobtrusive ways to start investing, the dangers of neglecting money, and tips on why making financial mistakes is not only okay, but expected . But if all else fails, remember his money beliefs. “Spend extravagantly on the things you love, as long as you ruthlessly cut costs on the things you don’t need.
