886: Ramit Sethi, Author of I Will Teach You to Be Rich

Ramit Sethi, author of the New York Times bestseller I Will Teach You To Be Rich, has become a financial guru to millions of readers in their twenties, thirties, and forties. After the massive success of his first book, I Will Teach You to Be Rich, he's back - ten years later - with a second edition, updated and expanded for a new age. In our latest conversation (Ramit was on previously - check it out), we discuss: The additions and omissions he decided to make in the new version of his book - and why.The untold realities of executing a prenup with your partner-to-be. Ramit shares details from his own experience.The current attacks on financial experts who believe in personal accountability.Ramit started his website, iwillteachyoutoberich.com, as a Stanford undergraduate in 2004, and he now hosts over a million readers per month on his blog, newsletter, and social media. Sethi grew up in Sacramento, the son of Indian immigrant parents who taught him the art of negotiating—his father once spent five days negotiating with a car dealer, only to walk away over a set of floor mats. He wasn’t the smartest kid in his class, but he loved building systems, which ultimately earned him over $200,000 in scholarships, which he used to get bachelor’s and master’s degrees in technology and psychology at Stanford. His understanding of human behavior and money led to him creating innovative solutions in self development. Ramit and his team of dozens of employees build premium digital products about personal finance, entrepreneurship, psychology, careers, and personal development for top performers. The IWT community includes 1 million monthly readers, 400,000 newsletter subscribers, and 35,000 premium customers. Visit Ramit at www.iwillteachyoutoberich.com for more information. Follow him on Twitter (@ramit) and Instagram (@ramit)

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*** Named a Best Podcast By The New York Times, Time Magazine, Real Simple and MSNBC *** Host Farnoosh Torabi is an award-winning financial strategist, TV host and bestselling author. With over 40 million downloads and multiple Webby wins, So Money is dedicated to sharing inspiring money strategies and stories straight from today's financial leaders, bestselling authors and entrepreneurs. One day, hear an intimate money conversation with industry greats like Queen Latifah, Barbara Corcoran or Margaret Cho. Another day learn the basics of cryptocurrency and its impact on our wallets. On Fridays, tune in as Farnoosh answers our most pressing financial questions about saving, investing and building wealth. Advice and insights always delivered through a lens of equity, inclusivity and the changing world we live in. Want more? Join the So Money Members Club at SoMoneyMembers.com.