Mel Robbins
The Truth About Money and Why We Have It All Wrong | The Mel Robbins Podcast
You can be rich.
Don’t roll your eyes. This is not what you think.
This episode today is so digestible. So counterintuitive. And one of the most enlightening conversations I’ve had with anybody.
Most of us have been thinking about money all wrong.
It turns out that the amount of money you have in the bank (or don’t) is only a small part of your relationship with money.
Ramit Sethi (@ramitsethi is a NYT best-selling author and #finance advisor with a brand new, top-ranked Netflix series called How to Be Rich, where he coaches real people about how to take control of their financial lives.
He says you’ve been thinking about #money all wrong.
If you were told that you need to create a budget and stick to it, Ramit calls BS.
Instead, you’ll learn about your money dials, the only four numbers that matter, the 85% Rule, why the 10 Year Bucket List is so important, the one thing you should NEVER say about yourself, and best of all, what it means to live a Rich Life.
Today’s episode is going to change the way you SEE money, because when you see it differently, you’ll treat it differently.
And if you’re looking for another zero-cost resource to help you change your mindset around finances, sign up for my free training called Take Control with Mel Robbins - https://www.melrobbins.com/takecontrol
And if you're ready to start living your rich life with more confidence and no regrets, sign up for my exclusive signature course, Launch with Mel Robbins. Learn all the exciting details here: https://www.melrobbins.com/launch
Xo Mel
In this episode, you'll learn:
00:00 Intro
07:44 Just like me, Ramit has his own story of big-time money loss.
11:20 Assignment #1: Think back to your 20’s and ask yourself this question.
14:17 How do your childhood influences impact your beliefs around money?
22:23 If you want to live a rich life, you need to do two things.
26:23 Wondering what most people love to spend money on?
30:32 Why is it important to come up with a fun vision around money?
34:38 How do you define your “rich life”?
37:36 I think everyone listening needs to do this fun activity.
41:02 Especially if life is hard right now, THIS is what you have to do..
45:27 Here’s how you step your way closer to your rich life.
47:00 How can you feel in control of something if you don’t understand the details?
50:18 The four numbers everyone should know to stop feeling overwhelmed by money.
58:12 NEVER say this about yourself because it will create your reality.
1:06:30 The two areas most people spend too much money on.
1:10:37 Ramit lays down the bottom line about changing your mindset around money.
1:12:23 Here’s your new money mantra to play on repeat.
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Published Apr 27, 2023
