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Episode 559: Sam Parr (https://twitter.com/theSamParr) talks to Ramit Sethi ( https://twitter.com/ramit ) about why buying a house makes zero financial sense.
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Show Notes:
(0:00) Intro
(3:30) Set your rich life intention
(7:30) Don't confuse luck with skill
(9:00) Sam's journey from owner to renter
(12:30) Do the math: Real cost of ownership
(16:30) Buy for desire
(18:30) Pay in cash for large purchases
(20:00) The 10 year rule
(25:30) Ramit's list of must-haves
(30:00) Sam's dream house
(33:00) Sam's war on stuff
(40:00) When to overspend
(44:00) Millionaires who rent
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Links:
β’ Ramit on Twitter - https://twitter.com/ramit
β’ Ramit on YouTube - https://tinyurl.com/m2s8cuyp
β’ I Will Teach You To Be Rich - https://www.iwillteachyoutoberich.com/
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Check Out Shaan's Stuff:
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Check Out Sam's Stuff:
β’ Hampton - https://www.joinhampton.com/
β’ Ideation Bootcamp - https://www.ideationbootcamp.co/
β’ Copy That - https://copythat.com
β’ Hampton Wealth Survey - https://joinhampton.com/wealth