How to Negotiate Your Rent w/ Ramit Sethi

What does it mean to live a truly “rich life?” Tori is joined by financial educator, Ramit Sethi, to talk about his work centering on creating a unique rich life for yourself, his work with couples, and how his background in psychology influences how he teaches people about money. Ramit and Tori dive into their money memories, the common pitfalls they see with individuals working through financial goals, and more practical tips for spending less time stressing about money and more time figuring out what a rich life means to you.
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MEET RAMIT
Ramit Sethi, author of the New York Times bestseller I Will Teach You To Be Rich, has become a financial guru to millions of readers in their twenties, thirties, and forties. He started his website, iwillteachyoutoberich.com, as a Stanford undergraduate in 2004, and he now hosts over a million readers per month on his blog, newsletter, and social media. He has written about personal finance for The Wall Street Journal and The New York Times and has been interviewed on dozens of media outlets, including NPR, ABC News, CNBC, and popular podcasts like The Tim Ferriss Podcast.
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FULL EPISODE
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LINKS
Follow Ramit on Instagram: / chelseadevantez
Ramit's Website: www.iwillteach...
Ramit's Podcast: podcasts.apple...
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FOLLOW HFK
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Podcast Instagram: / financialfe. .
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Facebook: / herfirst100k
Twitter: / herfirst100k
HFK Website: herfirst100k.com
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PRODUCTS
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Her First $100K Official Merch: herfirst100k.c...
Our Recommended Money Tools: herfirst100k.c...
Episode show notes:
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[@jorlowsky469]

Thank you for having Ramit on and spreading this information. So many people, such as my peers that are in their 20’s and 30’s, still think a home is an investment and will make them “successful”. If those that can afford it and need a big house for a family, that’s their choice and they should go for it. But for those that do not run the numbers of the phantom costs and want a 15-30 year mortgage, I say that’s a no go… My parents still rent their place in Colorado, and they do much better than the average American. They had the big houses and they tell me it’s not worth it anymore. Easier to rent because they are older and don’t have to worry too much about maintenance or lawn care lol

[@paulajf4205]

As a life long renter who, like you, Ramit, has lived in expensive areas (NYC, SF), I agree with you about the myths of renting vs. buying. Thank you for putting it out there! But when is rent too high, and what are the alternatives to living where you want to live within a reasonable price vs moving for affordability?

[@hannahburke2259]

So I co-lead an Employee Resource Group at work for Early Career Professionals and we were all talking about this the other day. We keep feeling like no matter how hard we work, how much we monetize our hobbies, or how many side hustles we have, we just continue to struggle to pay bills. I felt better knowing its not just me, but at the same time I hate seeing my friends struggle too. I read Ramit's book and it helped me support my husband and I and our two dogs through his 9 months of unemployment and now that he has a job, his hours (and pay) are less than we hoped. I am SO tired of living paycheck to paycheck. We want to move forward with our lives but this leasing situation is getting out of hand. I haggled over the phone the other day (after not having water in our kitchens for the last week) and got $100 off for us and our neighbors, but it feels like it was barely a dent. When and how do you make the decision to jump ship if you don't have a nest egg left to fall back on???

[@theretiredmillennial]

What an awesome collab 👀💖