Ramit Sethi on Financial Literacy and Living Richly
Masters in Business
00:00
The Early Retirement Fire Movement
I want people to actually have this highly dichotomous way of spending. You spend extravagant on certain things and then you cut costs mercilessly on the things you don't. I like any movement that gets Americans to think about increasing their savings rate. The fact of the matter is 90 plus percent of people do not know their basic numbers. What are you going to do when you're old if you're retired in your prime living earning years? That's when you've gone too far.
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Transcript
