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Why Buying A House Makes Zero Financial Sense

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My First Million

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Episode 559: Sam Parr (  / thesamparr  ) talks to Ramit Sethi (   / ramit   ) about why buying a house makes zero financial sense.


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 musthaves
(30:00) Sam's dream house
(33:00) Sam's war on stuff
(40:00) When to overspend
(44:00) Millionaires who rent




Links:
• Ramit on Twitter   / ramit  
• Ramit on YouTube https://tinyurl.com/m2s8cuyp
• I Will Teach You To Be Rich https://www.iwillteachyoutoberich.com/


Check Out Shaan's Stuff:
Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd


Check Out Sam's Stuff:
• Hampton https://www.joinhampton.com/
• Ideation Bootcamp https://www.ideationbootcamp.co/
• Copy That https://copythat.com
• Hampton Wealth Survey https://joinhampton.com/wealth

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

posted by Bistollicf