#610March 6, 202450:26
Why You Should Rent Even If You’re A Millionaire
About This Episode
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. Want to see Sam and Shaan’s smiling face...
Episode Description
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.
Want to see Sam and Shaan’s smiling faces? Head to the MFM YouTube Channel and subscribe - https://tinyurl.com/5n7ftsy5
Show Notes
- 0:00Intro
- 3:30Set your rich life intention
- 7:30Don't confuse luck with skill
- 8:00Sam's journey from owner to renter
- 11:30Do the math: Real cost of ownership
- 15:30Buy for desire
- 17:30Pay in cash for large purchases
- 19:00The 10 year rule
- 24:30Ramit's list of must-haves
- 29:00Sam's dream house
- 32:00Sam's war on stuff
- 39:00When to overspend
- 44:00Millionaires who rent
Check Out Shaan's Stuff
Check Out Sam's Stuff
Key Takeaways
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Quick Stats
Duration50:26
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Ideas Discussed0
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