Ramit Sethi
Founder and CEO, I Will Teach You To Be Rich. On 1 show, 2 appearances. The Shows tab opens the full record on each.
authorfounderhostentertainer@ramit ↗LinkedIn ↗iwillteachyoutoberich.com ↗Wikipedia ↗
Ramit Sethi wrote the New York Times bestseller I Will Teach You to Be Rich and hosted the 2023 Netflix financial docuseries How to Get Rich. He runs an online education platform and hosts a podcast counseling couples through financial decisions, having also co-founded the commercial wiki startup PBworks.
1shows
2appearances
43statements
1resolved
1supported
0contradicted
100%fully supported
64said about them ↓ Everything Ramit Sethi said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Sethi: Banning indebted customers from flagship courses costs him millions annually
“For example, I don't allow people with credit card debt. To join our flagship programs, the higher end ones. That costs us millions of dollars every year.”
Sethi: Marrying Solely for Love Is an Ahistorical Concept
“When you are married, you are running a business. It is the business of running a household together, and it's only in the last hundred or so years that Americans became infatuated with this idea of love as the only reason to get married. That's ahistorical.”
Sethi: Financial Optimizers Make Difficult Romantic Partners
“Optimizers are really hard to be partners with because they always go, how much does it cost? That's all they're concerned with”
Sethi: Financial Dreamers Often Require Subsidies and Fall for Scams
“Dreamers, it's the next gig. It's the next deal. These are the folks who typically fall into get rich quick schemes, and they are incredibly difficult to be partners with. They're not listening. They're not reading my book. Let's put it that way. And the only …”
Sethi: Having One Designated 'Money Person' in a Relationship Is Dangerous
“So, in most relationships, there is one money person, and this is a huge mistake.”
Sethi: Buying a Primary Residence Is Often a Terrible Financial Investment
“Buying a primary residence is, is sometimes, but often not, a great investment.”
Sethi Recommends Joint Marital Accounts Combined With Individual Spending Allowances
“So the way that you set up your accounts to be united in a marriage, I highly recommend all the money goes into a
Joint account.
And from there, you each have some of the money flow to a separate individual account, a no questions asked account, which both of …”
Sethi: Top course creators could easily double revenue by sacrificing integrity
“High integrity. And we can talk about why integrity is lacking in the course business because it is they run the business the way they want to. Each of those could easily double their revenue. Easily. If they did a couple of different decisions, they don't. An…”
Sethi: Over-relying strictly on direct ROI attribution is a massive mistake
“There's more to life than metrics, you Silicon Valley nerds. That's a huge mistake that all these ROI attribution positive. Sometimes, in fact, the best companies know that's why they advertise in Times Square. They can't track that, but they do it because it'…”
Sethi: Half of pet businesses sell 'complete horseshit'
“Because half these pet businesses are complete horseshit.”
Sethi: Founders should allocate business profits to boring Vanguard index funds
“Hey, take a little bit, put it in the market, boring Vanguard funds, do this stuff. Of course they haven't read my book, do this stuff in the book. And when you do that, you will be wealthier than you can possibly imagine. And you, your risk will be decreased …”
Sethi: 15% Annual Index Returns Will Not Continue Indefinitely
“Even an index investor made over 15% annualized returns, which is insane. But the music doesn't keep playing.”
Sethi: The 'Avoider' Is the Most Common Financial Archetype
“First, avoider. This is the most common. They avoid money. They do a series of conscious and unconscious techniques to do it.”
Sethi: Annual Financial Reviews Should Start With Photos, Not Spreadsheets
“So in, in every December, we have an annual rich life review, and I would encourage everybody to do this. So we sit down and we do it over several days. We're in no rush. And we start off by just going through our photos from the year and we go like, what were…”
Sethi: Multiply Wedding Budgets by 2.5x and Travel Budgets by 50%
“So, for example, for like a wedding, You, 2.5 X, like right there. Okay. For a trip for travel, add 50% right off the bat. So if you think your trip is gonna be 3000, it's actually gonna be 45.”
Sethi: Add a 15% Buffer to Budgeted Fixed Household Costs
“Typically, I would say add 15%, because there are things that people forget about. That's just a good guideline.”
Sethi: Only Adopt Recurring Lifestyle Upgrades if Permanently Affordable
“Be very, very careful before you make a purchase that is recurring, and you don't want to go back. Once you do it, make sure you're solid forever.”
Sethi: 50% of Consulting Couples Do Not Know Their Household Income
“50% of couples who talk to me do not know their household income. Five zero. They don't know their household income.”
Sethi: Feelings About Money Are Uncorrelated With Bank Account Balances
“And what it really shows is the way you feel about money is highly uncorrelated to the amount in your bank account.”
Sethi: Net Worth Increases Faster Than Psychological Comfort With Spending
“When the numbers change, they change faster than the psychology changes.”
Sethi: Spending Money Is a Skill as Vital as Earning It
“Over time you learn that spending money as a skill is often as important as earning and managing it too.”
Sethi: True Investments Must Strictly Generate a Direct Financial Return
“So my answer for an investment, I narrowly define it as something that can provide a financial return.”
Sethi: High-Earning Couples Arguing Over $3 Purchases Have Misaligned Systems
“You should not be talking about three dollar purchases if you're making 200,000 dollars a year. If you are talking about three dollar purchases, you have misaligned your money systems, and you probably don't have a rich life.”
The other half of the tape: Ramit Sethi's own voice is left out of every number here. Other people bring the name up 64 times in 15 episodes across the shows. every mention, with the transcript →
Who brings them up most Sam Parr 44Shaan Puri 8Kevin Espiritu 7Andrew Wilkinson 3Austin Rief 1Ankur Nagpal 1
Every mention by year
tap a year for its mentions
My First Million 64
2025 2 mentions in 1 episode
2024 13 mentions in 4 episodes 3 per episode
- He Turned A $300/Mo Gardening Side Hustle Into $45 Million/Year | Kevin Espiritu Interview
- Brainstorming +$1M Weird Business Ideas With Morning Brew’s CEO Austin Rief (#543)
- Life Hacks From The King of Introverts + 7 Business Ideas
- How This +$80M Founder Launches A Startup In A Weekend | ft. Noah Kagain (#546)
- every mention in 2024, scene by scene →
2023 4 mentions in 1 episode
2022 4 mentions in 3 episodes 1 per episode
2021 41 mentions in 6 episodes 7 per episode
- Why You Should Spend 5x Your Budget on an Engagement Ring | My First Million #201
- What Venture Capital Will Look Like in the Future | My First Million #215
- This Year's Best Twitter Accounts to Follow
- How Course Businesses Work & How Irish Pubs as a Service is Making Millions | My First Million #183
- Why Direct-to-Consumer Companies Are Awesome to Own | My First Million #217
- Why Everyone Is Wrong About the Metaverse, Gaingels, Companies that Don't Advertise, and More
- every mention in 2021, scene by scene →
One line per show, most statements first. The link opens Ramit's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
| MY FIRST MILLIONLEDGER | Founder and CEO, I Will Teach You To Be Rich | 2 | 43 | 100% 1/1 | full record on My First Million → |