2023-06-25 10:53:52
3 financial rules from Ramit, Sethi, owner of the book “I’ll teach you to be rich.”
Ramit, a millionaire, a wealthy billionaire with an estimated net worth of US$25 million. [1] Famous for being the author of books on financial tips such as “I Will Teach You To Be Rich”, as well as the recently released Netflix show “how to get rich.” [2] The fact that he succeeded in having millions of dollars did not come because of luck. Ramit, a millionaire, always tells people that Building wealth means giving up. and willing to make a decisive decision according to financial planning that is suitable for oneself for him There are 3 financial rules that lead him to riches: [3]
The first rule for him It is the basic rule that everyone who wants to become a millionaire should follow, namely the right proportion of savings and investments. whoever To have a better financial status It inevitably starts with saving money and getting to know the world of investing. The appropriate savings and investment ratios for each person may differ. And beginners should also set aside money for emergencies, such as saving 10% of income, investing 20% of income, and sharing the rest for emergencies.
The next rule is a more flexible rule. That is choosing to spend money on a specific matter. Although people need to save to build wealth and stability. But it is impossible for humans not to spend money. when spending money is important Each person should have their own ironclad rules for how to spend their money in the best possible way. Make an agreement with yourself on where to spend your money in order to be able to continue your success. reading books to learn more and maintaining relationships with friends Because these are the foundations of a good and quality life in the future.
The last rule is the most flexible. But it takes the most consciousness. Is choosing to make life decisions in line with financial goals When there is an intention to build a wealthy position Just saving or investing alone is not enough. Those who want to become wealthy need to develop some habits with them. Whether it is choosing to use something that is more useful than buying things according to the trend Choosing a spouse will help financially. This does not mean that it is necessary to choose to marry someone who is wealthy. But choosing the right partner can improve all aspects of life, so marriage is an important decision that should be carefully considered.
Ramit Sethi’s three financial rules are broad guidelines that everyone can adapt to their own lifestyle. Investing Science sincerely hopes that readers will be able to apply these tips. and prosper in the path of millionaires
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refer
[1] Shraman Mitra. (April 18, 2023). What is Ramit Sethi’s Net Worth?. Retrieved from https://thecinemaholic.com/what-is-ramit-sethis-net-worth
[2] SE-ED.com. (2023). I Will Teach You To Be Rich : I Will Teach You To Be Rich. Retrieved from https://www.se-ed.com/product/I Will Teach You To Be Rich-I-Will-Teach-You-To-Be-Rich.aspx?no=9786168022535
[3] Kamaron McNair. (April 14, 2023). SAVE AND INVEST
‘I Will Teach You to be Rich’ author: 3 money rules I follow to build wealth and enjoy life—and how to create your own. Retrieved from
Last updated : 25 June 2023
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