I Will Teach You to Be Rich: Podcast Gossip and Discussion

I love our weird little corner of the internet, haha.

YES. This. I love Gail’s no nonsense, “money isn’t rocket science, it’s discipline.” I feel like Ramit makes people more emotional about money than they need to be at times. Like, yes money has an emotional component and even people who are all “rah rah I’m super logic driven” are usually operating largely on desire and emotion, BUT, there is something to be said for just doing before every little emotion you have is perfectly aligned.

I get the sense that a lot of people who talk to Ramit, this couple definitely included, have the belief that for a decision to be right it must feel right. If it feels hard, constraining, difficult, challenging, scary, it must be wrong. I think that’s why the lady on this episode kept saying things like, “we need to sit in those feelings and visualize what that would feel like.” Like, girlfriend, you need to DO at some point. You are never going to want to spend less money and exercise self control. I thought it was so telling that she said their issue was communication, but really I think her and husband are on the exact same page, they’re both overspenders.

I’m more of a Gail Girl (t-shirts coming soon) myself. Like I think working through your trauma is important to do in therapy but I think it’s also ok to say to yourself, “I do not know best in this area. My instincts in this area have repeatedly been incorrect and gotten me in serious trouble. I’m going to do what this expert says even if it sounds and feels awful because I believe I need to change and I know I don’t have the answers.”

Meanwhile these two reacted to the concept of trade-offs (:exploding_head: ) the way I might react to a terminal diagnosis. They weren’t excited at all that there is a way out their financial mess. They were pissed! It was painful listening to Ramit fumble around the whole thing. I think he was really frustrated and also confused, lol. Like you I was hoping he’d be like, “YES THE SCHOOL IS RIDICULOUS” instead of hemming and hawing around the mulberry bush.

I agree on that, for sure. I think the husband was just as bad as the wife, though, because when Ramit asked about the cars the guy was like, “well in our neighborhood we need cars, so I can’t even think of another option than what we have.” Like, really? You can’t think of a single option for a less expensive car? I think they both overspend a lot and justify it for each other. I agree about the crying too.

Yeah that confused me also. It kind of seemed like she said she had a business AND was a contractor? So I’m wondering if those are two different things. Maybe the business is not money making but the contracting is and the hypothetical $20k is another contact? IDK.

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Oh, I didn’t catch that. It would make sense.

I think I’m moving from a voyeuristic “ooh interesting” mindset to just being pissed off listening to this.

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It’s hard not to be annoyed listening to it! The entitlement factor is…challenging, lol.

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Man. These people want to do everything. They want to do expensive private school, pay off cc debt, own a Tesla, build a dream home, fly first class to Cabo on a business trip (?!). They want Ramit to tell them they can do it all. And that’s not his deal!

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I finally got a chance to watch these and I agree completely!

I think they picked Ramit (as opposed to another financial guru) because they are incredibly attached to “living their rich life.” And then they were gobsmacked that he was so hard on them. They thought he was going to help them get everything they wanted.

(Okay, to clarify, I think the wife was not expecting the smackdown they got at all, while the husband wasn’t as surprised. But my opinion is that it seemed that they both really enjoy living their rich lives.)

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The editing left in a lot of awkward silences. I think you’re super right that they expected the opposite of what they got.

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I think you’re right too. I feel like a lot of Ramit’s appeal is the rich life thing and that’s why he attracts the callers he does, which is great for me because it makes his show entertaining, haha.

Side note but one thing I find weird is how he gets so angry at the concept of the hedonic treadmill in this episode. He’s like, “everyone online is like blah blah hedonic treadmill, as if all these people are out here spending every cent they make!” But like…isn’t that true? I feel like I’ve read a million articles about how even average and high earners have no savings, can’t cover a $1k emergency, are in debt, etc. Isn’t the USA like, famous for how we over-consume? I know so many people IRL who make what my household does, or way more, and who have no retirement savings. But he acts like the hedonic treadmill is a false narrative being pushed because…? Why? Like who does he think is behind it? He was all mad that this couple fell into this apparently false narrative of the hedonic treadmill, lol, but he still doesn’t admit that it’s a thing! He also acts like the hedonic treadmill is some super well known societal trope, but I’d venture most people have no idea what it is. Outside of personal finance spaces I have never heard anyone online or IRL even mention it.

He contradicts himself too, because he’s like “I know lots of high earners who are careful with money, do xyz, etc.” and then later he’s like, “no one looks at spreadsheets to make decisions.” WHICH IS IT?! Gah.

I feel like he’s lived his whole life in a bubble of STEM and optimization and FIRE and believes that’s how most people are, which is why he thinks “rich life” is super radical, when really it’s closer to the default. Sure there are people with millions who won’t spend $5 but I feel like there are way more people buying shit on payment plans and getting more house than they can afford and living paycheck to paycheck unnecessarily.

IDK- do people think I’m off base? It’s v confusing and I’m bored, haha.

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I don’t think you are off base at all! I think you are on to something. I wonder if fewer paycheck to paycheck people are attracted to his programs?

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I vaguely remember him bemoaning the fact that the hedonic treadmill has become a kind of meme or buzzword on tiktok?

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@noodle He hates tiktok as much as he hates Target :laughing:

@Rosie Yes, I think optionally paycheck-to-paycheck people like him and then also the super rich but afraid of being poor camp. Those seem to be his main guests to me?

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He also screens people on credit out of his other programs. As of a few years ago you had to click a box that you had no cc debt to fo his marketing stuff. So I think he insulated himself from how many people are in debt to their eyeballs and stuff

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Whaaaaaaat. Wow, that’s interesting!

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I would be unsurprised that Ramit’s circle of awareness and the people who are attracted to the “rich life” idea do not overlap! I feel like his podcast is evidence for sure and you aren’t off base at all

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I wonder if the process of doing this podcast will make him more aware? Because I think he’s going to get a lot more people like this last couple unless he starts filtering them out on purpose.

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GUYS! listen to the hobosexual trying to grift Ramit like he’s grifting his girlfriend.

Wait… are they married? Run girl

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45, she is 29.
They make the same, she pays all the bills. Evil grifter.

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Noooo OMG I will listen today!

I paused my podcast to go look at them on youtube. He is SCUM

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We will fight him together

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OMG he grifted her into a fake wedding so that she would feel like she got what she wanted but he doesn’t have to be legally married

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