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Here are 10 of Sethis harsh money truths that you should know.
Also seeRamit Sethis 10 money rules to build life-changing wealth.
The longer you wait, the harder it gets, so put in the work early, he said.
Consider this example fromRamsey Solutions.
You also risk having lifes unknowns steal your opportunities.
Plus, spending and saving decisions were common reasons for arguments.
Sethi recommended bringing up money early in relationships and admitted he personally failed at this.
Not only is having debt hurting your net worth, but its also taking away opportunities to invest more.
Sethi recommended assuming youll need two or three times the expected amount since hidden costs usually increase the total.
If you end up needing less, youll have some cash to save.
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