15 unwritten rules of money

We have a lot of weird, unwritten rules of money in America. To view this email as a web page, [click here]() {NAME}, We have a lot of weird, unwritten rules of money in America. Do you recognize any of these? - “If you have kids, you need to buy an SUV and a house with a lawn” - “When you buy a car, it’s OK to post about the car on social media — up to a Tesla. Anything more expensive than that is ‘showing off’” - “You should save, save, save” (it's never clear how much, for what, or when you can stop) - “It’s OK to take a loan for home renovations because they ‘pay for themselves’” - “Of course you should struggle when you buy a house. That’s what it takes to get on the property ladder. And that’s how we did it!” Continued below... --------------------------------------------------------------- Today’s newsletter is brought to you by: [Ness]( [Ness]( If health and wellness is one of your top Money Dials, check out the Ness Card. You can earn 5x points for your health and wellness spending at grocery stores, pharmacies, salons, spas, restaurants, gyms, and more. And earn 2x points everywhere else. Then redeem Ness Card points for wellness products and experiences, from salads at Sweetgreen to a year of massages with Zeel. Right now, Ness is offering a 50K welcome bonus to new cardmembers who spend $6K in their first 90 days, plus a statement credit of $200 for healthy purchases. IWT listeners get an extra 5K welcome bonus when you apply for the Ness Card and get approved through our link: nesswell.com/ramit. Offer & Benefit Terms apply. And to find special deals from all our amazing sponsors, check out [iwt.com/sponsors]() --------------------------------------------------------------- More unwritten rules of money: - "When you travel (for a max of 10 days, of course), it’s OK to stay at Marriott. But why would you pay more? 'We’re not going to be in the room anyway'" - "Hiring a nanny? Why would I pay someone to raise my kids?" - "Talking about money is stressful" - “Managing money” means “making sure the bills are paid on time” (no mention of investments or savings rates or designing a Rich Life) - "Asking for a raise? In this economy??? Also, that’s not how things work at my company" - "I graduated with student loans but also, I should pay for my kids’ college tuition" (even if I can’t afford it) - "I walked into Target to buy paper towels and a new bathing suit for my son, but I spent $300! Teehee!" - "Every kid needs their own bedroom" - "My personal trainer and Hermès handbag and face cream are all investments because they [extremely tenuous link to how they help us be more productive or how they can be resold for a profit]. What? A luxury? No, they’re investments." - "Of course you should pay more for healthy food. Wait, you spent THAT MUCH on walnuts?? No way, that’s crazy." These rules are so DEPRESSING. They keep you SMALL! I reject the idea that money has to make you feel BAD. Btw, what did I miss? Send me more unwritten rules of money that I’ve missed. And think of the opposite: What if you created some rules that made you feel GOOD about money? What would they look like? Here are some of mine: - Always have 1 year of emergency fund in cash - NEVER question spending on books, health, appetizers, or a friend’s charity - Buy the best and keep it as long as possible [Signature] P.S. In my latest podcast, I spoke to Mike and Janis, a couple in their 60s who are broke–yet they’re still supporting their 31 year old son. Check out our fascinating conversation [here]().   [Logo] [insta]() [Twitter]() [twitter]() [youtube]() [Linkedin]() This email was sent to [{EMAIL} .]() If you no longer wish to receive these emails you may [unsubscribe]( at any time. I Will Teach You To Be Rich 548 Market St #89946 San Francisco, CA 94104-5401