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#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

Key Takeaways

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Quick Stats

Duration50:26
Guests0
Ideas Discussed0
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