What Does Being Rich Really Mean?

Ramit Sethi, a well-known financial expert, has a different take on what it means to be rich. He thinks the word "rich" is often misunderstood. Many people picture fancy cars or luxury vacations when they hear it. But Sethi believes being rich is more personal. For him, it could mean spending time with family or buying something special, like a cashmere coat. Sethi's approach to financial advice is unique. He doesn't focus on small expenses like coffee or eating out. Instead, he asks people to think about what a rich life looks like to them. This idea surprises many because they've never really thought about it before.Sethi started giving financial advice over 20 years ago. He thinks it's important for people to feel good about their money choices. He says saving on small things won't solve big financial problems. There are bigger issues in the financial world that need attention. He also talks about how money affects young men. Many feel hopeless about their financial future. This can lead them to take big risks with money, like gambling or investing in risky things. Sethi advises them to find safer ways to grow their money, even if it seems boring. Sethi believes living a rich life isn't boring. It's about enjoying experiences and sharing with loved ones. He encourages people to think about what truly makes them happy and build their financial plans around that.