Ramit Sethi: Why It’s the ‘Big Wins’ That Matter in Building Wealth

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Well, personal finance guru Ramit Sethi thinks you might be barking up the wrong money tree.

Heres why Sethi says focusing on Big Wins is the real key tofinancial success.

But Sethis not buying it.

Instead of nickel-and-diming yourself, Sethi advocates for focusing on what he calls Big Wins.

These are financial moves that can have a massive impact on your wealth over time.

Specifically, Big Wins can include:

And the beauty of Big Wins?

You do the work up front and get rewarded for the rest of your life, Sethi wrote.

Lets break down one of Sethis favorite examples: salary negotiation.

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A million bucks from one conversation?

And thats not even accounting for future raises based on that higher salary.

Now, how many lattes would you’re gonna wanna skip to save a million dollars?

(Spoiler: Its a lot.)

So if Big Wins are so… well, big, why isnt everyone doing this?

Sethi explained his theory, For most people, the answer is nowhere, he said.

In other words, were so caught up in theday-to-day money stressthat we miss the forest for the trees.

Or in this case, the mansion for the lattes.

He doesnt just want you to save he wants you to learn how to spend money.

Think about it: How often do you see advice on how to spend money wisely?

Its not a complicated idea, but for many its revolutionary.

Sethi said this is whats valuable and important with or without lattes.