It’s time to spring clean your spending habits. In How to Get Rich, finance expert Ramit Sethi meets with a variety of people looking for financial intervention — a woman who spends half a million dollars a year on shopping, a couple involved in a multilevel marketing scheme and stock trading, a man with a checking account for his dog but no 401(k) and more. By helping them confront their relationships with money, Sethi makes his clients’ lives a bit richer.
Watch it below.
An entrepreneur and personal finance advisor, Sethi is the author of the New York Times bestseller I Will Teach You to Be Rich and the founder of GrowthLab, a company that helps start-ups with financial management, accounting and strategic planning. His philosophy on money is to spend extravagantly on the things you love, but cut costs mercilessly on the things you don’t.
Sethi dives deep into the personal finances of people from across the country to find the root cause of their spending issues and transform their outlook on money — in six weeks. But before meeting them, he gets overly familiar with their cash flow: How much debt is on that Amazon credit card? Do they spend more of their salary than they save? What about that dusty retirement account with no meaningful contributions?
In assessing their bank accounts and spending habits, Sethi creates a blueprint of his clients’ financial lives. After some revelatory — and emotional — one-on-one discussions that break down what’s causing their money stressors, Sethi provides an action plan to break his clients free from what’s holding them back financially. Then he follows up with them over the course of several weeks to check in on their progress.
Sethi meets with people in Los Angeles, Philadelphia, Chicago, a New Jersey suburb and Washington, DC.
