Financial Coaches Network - The Podcast: Build your Financial Coaching Business

#184: Analyzing the gurus: Ramit Sethi


Listen Later

We began a new series about analyzing the gurus! We’ll be spending time discussing several big personal finance names, their recommendations, and why we do or do not agree with those. Josh and Emily discuss Ramit Sethi, his philosophy of a “rich life,” his “conscious spending plan,” and his take on investing.

Top takeaways:

  • Broad-based percentage-based structures just don’t work for everyone.
  • The emphasis on a rich life and guilt-free spending can lead to people to focus on necessities and fun money at the expense of savings.
  • Automation can be great as long as you reevaluate and adjust things over time.
  • Houses are great hedges against inflation in retirement.
  • Ramit’s rant against AUM and financial advisers just doesn’t make sense.
  • Related episodes:

    • Episode #130: The 411 on HSAs
    • Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey:

      - Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity

      - Already decided you’re going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series

      - Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch  

      - Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income. https://www.financialcoachesnetwork.com/grow

      ...more
      View all episodesView all episodes
      Download on the App Store

      Financial Coaches Network - The Podcast: Build your Financial Coaching BusinessBy Joshua Escalante Troesh, Garrett Philbin, Amelie Riendl, and Emily Blain

      • 4.2
      • 4.2
      • 4.2
      • 4.2
      • 4.2

      4.2

      10 ratings


      More shows like Financial Coaches Network - The Podcast: Build your Financial Coaching Business

      View all
      The Ramsey Show by Ramsey Network

      The Ramsey Show

      38,994 Listeners

      The Stacking Benjamins Show by StackingBenjamins.com | Cumulus Podcast Network

      The Stacking Benjamins Show

      1,991 Listeners

      Retirement Starts Today by Benjamin Brandt CFP®, RICP®

      Retirement Starts Today

      518 Listeners

      Afford Anything by Paula Pant | Cumulus Podcast Network

      Afford Anything

      3,541 Listeners

      ChooseFI by ChooseFI

      ChooseFI

      5,134 Listeners

      Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

      Stay Wealthy Retirement Podcast

      671 Listeners

      BiggerPockets Money Podcast by BiggerPockets

      BiggerPockets Money Podcast

      3,083 Listeners

      The Long View by Morningstar

      The Long View

      886 Listeners

      Ready For Retirement by James Conole, CFP®

      Ready For Retirement

      798 Listeners

      Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance) by Ari Taublieb, CFP®, MBA

      Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

      549 Listeners

      Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans by Vanessa and Shana | Budget Besties | Bougie On A Budget | Dave Ramsey Fans

      Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans

      239 Listeners

      Mile High FI Podcast by Doug Cunnington & Carl Jensen

      Mile High FI Podcast

      185 Listeners

      Money For Couples with Ramit Sethi by Ramit Sethi

      Money For Couples with Ramit Sethi

      3,359 Listeners

      Retirement Planning Education, with Andy Panko by Andy Panko

      Retirement Planning Education, with Andy Panko

      753 Listeners

      The Financial Coach Academy® Podcast by Kelsa Dickey

      The Financial Coach Academy® Podcast

      101 Listeners