Where do you learn how to spend money?

Yesterday, I told you about Mindy and Carl, recent podcast guests who are worth To view this email as a web page, [click here]() {NAME}, Yesterday, I told you about Mindy and Carl, [recent podcast guests]() who are worth $4M but are scared to spend money on restaurants and vacations. Today, I have an update! After we spoke, Carl finally learned to enjoy their money a little more, even booking an Alaskan cruise next year for his entire family (Mindy, their daughters, Carl’s mother, Carl’s sisters, and their partners). “My mom has always dreamt of this, but has never been able to pull the trigger on it for herself,” Carl said. “So I look forward to being able to take all nine of us on this pretty cool trip.” I loved hearing that. [Ramit clapping] In the end, Mindy and Carl took baby steps toward learning how to spend their money and truly live their Rich Lives. They are emerging from the tunnel vision they had for so long (save, save, save) and starting to realize that their money can be used for things that make them happy. It’s good to save money … the right way Of course, saving money is necessary and should be a part of your financial plan. But it’s important to do it the right way. There’s tons of advice out there on saving money. Most of that saving advice is not good. You've got random people on the internet suggesting we sacrifice our lattes today to somehow amass a fortune in retirement eons from now. If you were to cut out that morning coffee expense, at the end of the month you’d find yourself deprived of that daily joy, battling a severe caffeine withdrawal headache, and staring at a bank account balance that looks almost exactly the same as it would’ve anyway. There are smarter ways to manage your money that won’t sacrifice your happiness. My students learn to focus on the Big Wins that matter. [Ramit's post] The beautiful part about Big Wins is you do the work up front — and they pay rewards for the rest of your life. For example, one $5,000 salary negotiation in your 20s can be worth over $1M over your lifetime. How many lattes would you have to cut to get that? Next time you hear the same old tired advice of keeping a budget, or cutting back on daily coffees, ask yourself: Has that really worked for the millions of people who’ve tried it? Learn how to spend money People love to rattle off ideas about how to save, but you will hardly find any advice about how to spend money. - When does it make sense to buy something just because you want it? - How do you know how much money you can spend each month? - What do other people your age with your income spend their money on? - Where do you learn how to DO this all? Where do you learn how to spend money the right way? For most people, the answer is nowhere. They spend their lives never addressing their stress about money, not enjoying a Rich Life, and always thinking about the next stack of bills on the counter waiting to be paid. Since my Netflix show came out, I have received thousands of emails asking me for financial help. Most people who reach out to me are seeking guidance, but have no idea where to begin. How would they? People don’t naturally know how to navigate their finances. That's exactly why I created my [Money Coaching]() program. Since it’s impossible for me to help everyone individually, my Money Coaching program is the perfect place for starting with little to no financial knowledge at all. Just take it from Jacqueline. [Jacqueline Henry]() In [Money Coaching](), I’ll show you insights on paying off debt, strategic saving, smart investing, and the freedom of guilt-free spending so you can live your Rich Life. It's a transformative journey that empowers you to take control of your money TODAY and not second-guess yourself. Inside Money Coaching When you enroll in [Money Coaching](), you get access to four layers of support: The Rich Life System A complete, clear, step-by-step guide to create a plan for your money, automate your finances, and make your money work for you, not against you. This is the way to truly live and enjoy your Rich Life every day. Monthly coaching calls Every month, I host a 90-minute group coaching call, just for Money Coaching members. In these calls, I go deep on the Big Wins and hidden psychology of taking control of your money — at every income level — and GROWING your Rich Life. [Big Win] A slide from one of our Money Coaching monthly calls. [Learn more here](). Monthly Coaching library As a Money Coaching member, you get access to ALL past group coaching recordings. The Rich Life Community Money Coaching includes a private community full of like-minded people getting their money in order — answering questions, offering inspiration, sharing tips, and more. [Community wins post]() Celebrating wins and Rich Life moments in the community Plus, you can ask me your toughest money questions and get the answers you need. No more roadblocks or wondering if you’re making the right moves. Imagine the freedom that comes from knowing your money is finally working FOR you. It's like slipping on a glove that's been tailored just for your hand. That's how your money plan will feel when it's designed to fit your life perfectly. Finances can sound complicated, and maybe even intimidating. This is usually what keeps people from trying to figure it all out. But that's where [Money Coaching]() comes in. No jargon, no confusion — just clear, actionable steps so you KNOW you're making the right moves. Because why should managing your money feel like a struggle? It should be as comfortable as wearing your favorite pair of shoes. You can make that happen, starting today. I can’t wait to share more about [Money Coaching]() with you later this week. [Signature] You may be new to IWT. Here's all the stuff we offer [Programs]() [Podcast]() [Netflix show]() [Books]() [Check out our website for more]() Follow Ramit [ig]() [fb]() [tw]() [yt]() [pc]() Was this forwarded to you? Sign up [here](). This email was sent to [{EMAIL}](). If you no longer wish to receive these emails you may [unsubscribe]( at any time. 548 Market St #89946 San Francisco, CA 94104-5401