I Got My Own Netflix Show... Here’s How | Ramit Sethi (#446)

About this video

Sam and Shaan interview personal finance expert Ramit Sethi about his Netflix show “How to Get Rich,” which debuted in the top 10. They discuss his 20-year journey from blogger to business builder, explore the psychology of spending and discipline, and dive into how to identify your “money dial” (what you love spending on) versus cutting costs ruthlessly elsewhere.

Key takeaways

• Ramit distinguishes between three money skills—making, managing, and spending—noting most people focus only on making money while ignoring the others, and that good managing often requires boring Excel work rather than creative invention
• Instead of obsessing over small purchases (the ‘$3 question’), focus on high-impact decisions like savings rate, asset allocation, and debt payoff date (the ‘$30,000 question’)
• Identify your personal ‘money dial’—the thing you genuinely love spending on—and spend extravagantly there, while cutting costs ruthlessly on everything else; most people try to save 5% everywhere instead of getting polarized about their true values
• Ramit deliberately stands out by cursing, discussing politics, being selective about customers (maintaining a ‘do not sell’ list of people in credit card debt), and refusing to be ‘vanilla’—rejecting conventional wisdom like ’everyone should buy a house’ or ’never charge for financial advice’
• The Netflix show reveals that people often contradict their stated goals within weeks (buying clothes they promised not to, or upgrading to an even larger house), which Ramit views not as hypocrisy to judge but as a puzzle to understand and help people see their own patterns

Episode details: published April 24, 2023 · 27K views · 1:21:06 long. Summary written by Self Growth Videos from the episode itself. The business ideas, figures and results discussed are the hosts’ and guests’ own claims, shared as brainstorming and entertainment — not verified facts and not investment advice.

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