What I Learned About Living a Rich Life From Ramit Sethi

It’s not about being rich, spending money, or flying first class everywhere

Photo by Sharon McCutcheon on Unsplash

I have been taking this course from Ramit Sethi on Advanced Personal Finance and thought I’d take a moment to share what I learned from the course and how I have incorporated it in my life. I can’t tell you whether to take the course and this isn’t a recommendation to do or not do the course but I can tell you that the course is primarily geared towards Americans (you can apply what you’ve learned to any country that you’re in but the specific tactics that Ramit discusses are American-based) and one of the great things about the course is the community around it — you’re able to get answers to questions that you might have that aren’t directly addressed in the course through other course students.

First, let me define what a rich life is, as I understand it from reading and taking Ramit’s courses and materials. A rich life is one where you can spend lavishly on the things you enjoy while cutting ruthlessly on the expenses you do not care about. Looking at some of my friends and co-workers, I can see that almost all of them have some version of their rich life that an average person might balk at. I, for instance, have purchased over a thousand dollars of badminton equipment (rackets, shoes, bags…