Thanks Ramit. After reading your book, I'm now debt free, created and auto invest into my retirement account, and automatically save using an HYSA. I closed my savings account with Chase and I'm never going back to my old ways of transferring from my savings to make a non-essential purchase. Having a money management system has truly made this all a no brainer. You're the man!
@ebonybeauchamp538017 сағат бұрын
Whats the name of his new book?
@frankpace551016 сағат бұрын
@@ebonybeauchamp5380Same as his channel. I will teach you to be rich
@lowlowseesee13 сағат бұрын
@@ebonybeauchamp5380 Money for Couples, out in Jan
@stevenporter86315 сағат бұрын
4:30 A few months ago a utility company cancelled my scheduled payment. Only discovered because I logged in to check. The answer when I called: 'system update, and good you caught before the due date otherwise it would be considered late. We are not responsible for system errors or updates.' I usually agree with Ramit, but life is not set and forget - it is set and spot check since NOTHING is 100%. Computers are only as good as the people running them.
@MissGirl145010 сағат бұрын
I still balance my checkbook every two weeks on my checkbook app. I have all my regular expenses set up each month to pay and in the app. So if my account doesn't match that app, I know something is wrong.
@rebeltheharem70284 сағат бұрын
Yeah, same thing happened to me with my trash bill. It was on autopay, but they switched systems, and never sent a single message about it. I only found out about it when I was doing my occasional bill spot check, and wondered why I was underspending on my trash budget.
@murphydaquanКүн бұрын
I invested for the first time in my life last month. Gonna do it every month now.
@EDunn2110 сағат бұрын
Keep at it and be disciplined! Time in the market is better than timing the market. Or the old Chinese proverb: the best time to plant a tree was 20 years ago, the second best time is today.
@Oddy4-s3rСағат бұрын
🎉🎉🎉🎉🎉🎉🥳🥳🥳🥳🥳🥳🥳🥳🥳
@the1337fleet16 сағат бұрын
Got called out not being productive at work 😩 3:45
@CyrinaSwanston23 сағат бұрын
Thanks for the video, Ramit!! I think the hardest part has been figuring out what my values are (I'm 26, so still a pretty young adult) - identifying what I actually value versus what I simply like or enjoy on occasion has been the latest challenge for me. I've finally got it figured out, but it took a few years! Now, I have to figure out how to fund those values with time and money.
@NicoleJurek48820 сағат бұрын
I'm one of those people that wear the same thing every day! 🎉 I wear nice clothes but I make it easy.
@ntimn8r20 сағат бұрын
Oh shoot, how did you know I was watching this at work? haha
@Safeway_Sage23 сағат бұрын
Thank you for this valuable video. I would like to highlight a component you touched on but didn't explicitly label: personal financial KPIs (Key Performance Indicators). You mention these when discussing the questions listeners should ask themselves. For instance, define your KPI for the percentage (or dollar amount) you aim to contribute to your emergency fund each year. Once you've defined your KPIs, you can set up automated systems and develop SOPs to ensure you're meeting these goals or know what actions to take if you fall short. Having SOPs or systems without clear financial KPIs leads to a lack of direction and hinders continuous improvement.
@FrugalFamilyFocus12 сағат бұрын
YES!!! My Roth- auto, 529s- auto, sinking funds- auto, Thursdays- jambalaya, Mondays- spaghetti! It’s a system and happens regardless of life going on around us.
@Nb6177718 сағат бұрын
1:14 what gets measured, gets managed!
@gurbym551321 сағат бұрын
The book is a must read for anyone/everyone. Thank you.
@rebeltheharem70288 сағат бұрын
I keep accounting records for myself (former accountant here), so I know my financial situation to the exact dollar.
@0utta_Bubblegum22 сағат бұрын
dont be throwing shade at the broccoli bake. =P enjoy your content
@SamPerez-21Күн бұрын
Damn first comment! lol Thanks for all these videos you’ve helped my wife and I so much in the last few months! We appreciate your hard work please keep it up!! Can’t wait to read your new book
@philp3234Күн бұрын
Ramit would tell you to borrow the book from the library. So do that.
@ramitsethiКүн бұрын
Thanks for watching!
@markanthonyganotice14986 сағат бұрын
Thank you for always inspiring. Content suggestion (out of curiosity haha). Ramit review his CSP.
@lowlowseesee13 сағат бұрын
shirt matching the beard, take notes youngins
@coastergirl9815 сағат бұрын
Uhmmm, I actually enjoy logging into my accounts everyday.
@CarlosAguilar-st3mp22 сағат бұрын
Ramit you help me a lot. I’m not blind about money no more thanks
@filb20 сағат бұрын
10:40 Reminds me of David Bach's book where he does all the calculations for a latte over time.
@TatiH2818 сағат бұрын
Not Ramit calling me out for watching this at work lol 😅
@michellegreen107210 сағат бұрын
Can you put the commercials back into the box so I can skip past them faster?
@JasonLucas25 сағат бұрын
must be nice when youre a multi-millionaire. It's easy to talk about your monthly budget when you basically have unlimited spending, my friend.
@farameen_mola_ali_a.s5 сағат бұрын
Which stocks or mutual funds is good world widely
@Yourmission923 сағат бұрын
I love getting my weekly dose of no nonsense financial advise, keep calling us out on our bad habits, it’ll stick eventually! Keep it gangster Ramit🕶️✌️
@theredpilllion592218 сағат бұрын
People generally fall into an economic class because of their psychology and their values. Each of the three classes has a characteristic psychological profile. For the lower class, it’s apathy. They have nothing, they’re ground down and they don’t really care. They’re not in the game, and they aren’t going to do anything; they’re resigned to their fate. For the upper class, it’s greed and arrogance. They have everything, and they think they deserve it - whether they do or not. The middle class - at least in today’s world - is run by fear. Fear that they’re only a paycheck away from falling into the lower class. Fear that they can’t pay their debts or borrow more. Fear that they don’t have a realistic prospect of improving themselves.” - Doug Casey
@NM-hq1io14 сағат бұрын
After going through your book, I learnt how important it is to have that guilt free spending bucket, else you’re going to dip into your savings & feel like a douche
@paulfriedman22420 сағат бұрын
Arby’s…We have Ra Meats!
@dreamleaf678417 сағат бұрын
remit never had costco pizza. lol
@JBoy340a18 сағат бұрын
Great content. I use dividend reinvestment to automatically grow my accounts and that has worked well for the last 30+ years for me. Debating if should continue to invest aggressively as I move into later phases of life
@xPOOPDog721 сағат бұрын
Love the video!
@baddboo20 сағат бұрын
The sarcasm is music😂
@MotiveTales-zo3plКүн бұрын
Ok sir I will start the following rules
@Sincrow21 сағат бұрын
Let's goooo, let's get our bread up and WIN at life!
@user-hu5os2gk3m23 сағат бұрын
Génial thank u goods tips
@KERPALSINGH16 сағат бұрын
I used to be an Arby's hater too and then I ate there and it's really not that bad.
@michellegreen107210 сағат бұрын
How much is “rich”?
@JETurp23 сағат бұрын
Different people and businesses catching strays all over the place in this video 😂
@carbon-structure16 сағат бұрын
guru advice
@peterzeller573617 сағат бұрын
Automating Everything takes the guess work and brain power overload out of the equation.
@Misantronic14 сағат бұрын
tbh, I took care of all my 30.000$ decisions in life. for me it‘s fun to optimize those 3$-decisions
@happ-e544718 сағат бұрын
Relax, Ramit
@enzoeclipsed13 сағат бұрын
What are some other 330000 questions besides a property purchase?
@thehoteldeveloper23 сағат бұрын
You gotta chill man. The stress will kill you! Trust me. I know. Lol
@maggielapido54823 сағат бұрын
Right. I get his passion but he gives off anxiety.
@marvinhawkins200019 сағат бұрын
Great tips! But I can't stand for the Arby's Slander!!
@CurieBohr18 сағат бұрын
New cars keep poor’s poor. How’s that big loud truck fella? Is it more enjoyable than a big loud portfolio?
@Donkeyearsa14 сағат бұрын
People don't need to know what the rich do, what people watching such videos like this one need to know is what millionaires do. The people that are watching this are not going to be rich as the rich have far more important things to be doing than wasting their time watching youtube videos. The people who would be watching videos like this one will at best be multi millionaires if they are smart with their money. Braking things down to the simplest terms earn more, save more of a percentage of your income, invest smartly and take advantage of time by compounding over the long term.
@megaosfan16 сағат бұрын
How DARE you be judgmental about me trying to better myself with education while at work. I can time manage and multitask just fine…. 😂😂😂😂
@David01010101010101019 сағат бұрын
I love Joes pizza ❤
@Mxyzptlk309 сағат бұрын
I think you have an extreme, perverse view with most of the FIRE community or maybe you're thinking of the PovertyFIRE community. Most FIREees will not look at the cost of a burrito because they're already way beyond the $3 questions.
@andrewgross145323 сағат бұрын
What Arby’s do to you 😮
@danvain21 сағат бұрын
Number one place people over spend is their stupid luxury vehicle.
@jennifermoffitt463519 сағат бұрын
LMAO at stop paying your bills manually.... well my mom still pays by check sometimes... What can you do? Boomers ;p
@sixstringsdaddy247712 сағат бұрын
Your perception of FIRE is so off, video after video.
@Rashaadthegr822 сағат бұрын
$10 coffee a day is $3,650. Now how many people will give you $,3650 without interest?
@Knickerbocker719 сағат бұрын
You seem mad bruh
@TheEZOOD22 сағат бұрын
5:57 what’s with this guy antiwhiteism almost every video?
@thenucas22 сағат бұрын
don't rope us normal people in with the Midwest just because you have a thin skin, pal
@filb20 сағат бұрын
Here's your tin foil hat sir 🤡 ❄️
@arh123420 сағат бұрын
Easy target. The internet doesn't care if white culture is mocked.
@colemin219 сағат бұрын
I'm from the midwest. If you can't take a playful jab from Ramit, then I wonder if broccoli really is spicy for you.
@Ryhm1419 сағат бұрын
White people think ice cream too spicy
@dr_flunks20 сағат бұрын
re:1, yes. even if you have millions, you should know about each and every transaction in and out, or at least out.