How to Get Rich

The show offers some practical tips on how to live within your means. He kind of presents himself as a Suze Orman solving the spending habits of everyday people. Basically it comes down to spending less in a year than you make and keeping the process habitual, which, initially, can be a huge shock to a lot of people and really make you re-evaluate everything from how many friends you keep to what you keep in the fridge, but if money management were taught in grade school people would be in much better financial positions overall.

The problem I have with the show is that his definition of rich is different from mine. From the title, I thought that I'd be introduced to different revenue streams or investment concepts that could build passive income in a short period of time with the goal to live off these investments if I had to.

I started watching the show in hope I'll learn a few tricks/tips about investment with the money I have saved, not learn elementary class mathematics. If you're spending more than you're making, well, surprise surprise! You'll be in debt. To pay off your debt quicker, what do you do? More surprises! Cut off expenses and pay off more every month for the debt.

If you pay 1000 instead of 700 you'll get rid off your debt in 13 years instead of 18, mind-blown? Yeah, not really.

The only thing I liked about the show is that these people do need help and glad someone decided to do so. And probably that I have better financial intelligence in my mid 20s than people in their 40s.

I have seen countless series about personal finance including Dave Ramsey, Caleb Hammer, now this series from Ramit. It was quite refreshing and different, he plays a great listener and is not pushy (after all he has no actual vested interest in anyone's outcome). The series (I am currently on episode 5) has covered a wide variety of people from varying backgrounds and income levels, there are a lot of common threads. Nobody likes to talk about money!

I have never heard anyone recommend an hourly advisor vs yearly fee before and it makes sense once you reach the seven figure range. It's basic math.

Ramit doesn't shame anyone for renting either which was not expected.

I think reviewer fearsrob completely misunderstood the premise. First of all, you're still not living your rich life if you're spending all $24k that you make each month. Second, the show is about a holistic approach to financial responsibility to build a life that is meaningful to you. AKA you could have millions of dollars but still have such a guilt centered money psychology that you would be crippled by anxiety over pennies spent on groceries. I really enjoy the show and Ramit's podcast too. It's really interesting to hear about different people's lives and how they deal with their money. I think it's really valuable to have these conversations on display.

The title makes it sound like there is going to be some insight to managing money. But the whole show centers around people who already make a lot of money and telling them not to spend it to pay off debt or save. Not a novel concept. They should have concentrated more on the average, middle-class person and how they can budget better. Only 1 couple like that.. There should have been a whole series of people with their income and how to help them to straighten out their finances. The host is a nice, media-friendly guy, but the people on the show are not even likable. Nobody cares about people with so much money that they don't even know where it goes. The one nice, middle-class couple were the only realistic ones in the show by the time I turned it off in episode 4.