Log in

Tom Bilyeu's Impact Theory - Everything You’ve Been Told About Money is WRONG | Ramit Sethi on Impact Theory
share icon

Everything You’ve Been Told About Money is WRONG | Ramit Sethi on Impact Theory

Tom Bilyeu's Impact Theory

08/03/21

•

59m

About

Comments

Featured In

Simple and practical financial advice sounds familiar, but is rarely ever truly given. Maybe you have access to financial advisors you trust and maybe you don’t. Understanding for yourself that money, investing and living a rich life is much simpler than you could imagine is the most important thing for you to remember. Ramit Sethi has joined me twice before to bring you sound financial advice and he delivers again. He shares investing strategies worth considering if you are looking to create wealth. Even if you’re a modest investor, you’ll want to hear how he breaks down the truth behind hidden investment fees, advice for couples to understand the root of their money problems and solutions for those never-ending disagreements around finances. This episode will give you the tools you need to reconsider your investment strategy, how you approach money and why, and the best way to move towards living the rich life, however you define it! Check Out Ramit’s 1st Interview on Impact Theory: https://youtu.be/mokyNBWZ8wg Check Out Ramit’s 2nd Interview on Impact Theory: https://youtu.be/mokyNBWZ8wg Order Ramit Sethi’s book, I Will Teach You To Be Rich: https://amzn.to/2VmKbKk

SHOW NOTES:

0:00 | Introduction Ramit Sethi

1:42 | Current Financial Situation

2:31 | Low Fees Exposed

5:13 | What Great Investing Is

7:28 | Investing Isn’t Quick Money

10:53 | Understand Compound Growth

14:44 | Protecting Your Wealth

16:04 | Wealth Accumulation Strategy

26:51 | Low Cost Low Fee Funds

31:22 | Gamifying Investing

33:34 | Investment Journey

35:47 | Love and Money Solutions

42:35 | Couple with Separate Accounts

44:35 | Women Having Higher Income

49:09 | Pivotal Financial Conversations

53:43 | Spender Saver Couples

Follow Ramit Sethi:

Website: https://www.iwillteachyoutoberich.com/

Podcast: https://www.iwillteachyoutoberich.com/podcast/

Facebook: https://www.facebook.com/IWT/

Instagram: https://www.instagram.com/ramit/

Check out our sponsors:

Athletic Greens: Go to athleticgreens.com/impact and receive a FREE 1 year supply of Vitamin D AND 5 free travel packs with your first purchase!

Italic: Sign up for an Italic membership at italic.com/join using code IMPACT for 30% off.

Four Sigmatic: Get up to 40% off + FREE Shipping on Mushroom Coffee bundles at Foursigmatic.com/IMPACT

Helix Sleep: Go to HelixSleep.com/impact for up to $200 off your mattress and 2 free pillows.

Skillshare: Explore your creativity at skillshare.com/impacttheory for a 1 month FREE trial of Premium Membership.

Are You Ready for EXTRA Impact?

If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.

Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.

This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.

Subscription Benefits:

  • Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more
  • New episodes delivered ad-free
  • Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list
  • You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:
  • Legendary Mindset: Mindset & Self-Improvement
  • Money Mindset: Business & Finance
  • Relationship Theory: Relationships

Youth has a way of making you feel near invincible. Your body handles long nights, limited sleep, and poor diets much easier. The problem is those choices have a cumulative effect. What you eat, how often you eat also impacts the health of your brain. There is a Chinese proverb that says, “the best time to plant a tree was 20 years ago, and the second best time is now.” It is easy to disregard neurodegenerative diseases as something for older people, but understanding how leaky brain and neurodegeneration begins to happen is better learned now, than waiting till later if you plan to age gracefully. Dr. Jay Lombard may be incognito but his depth of knowledge and expertise in degenerative neurological diseases is astonishing. He breaks down what misfolded proteins are, the relation of infection and immune system processes to neurodegenerative disease and reveals simple ways you can support your immune system on a cellular level. Get ready to break out the ice baths and discover a new reason to relax in the sauna. Mentioned In this Episode: Everything ALS, https://www.everythingals.org/ Also, check out Dr. Jay Lombard’s book, The Mind of God: https://amzn.to/3iSyPFJ

SHOW NOTES:

0:00 | Introduction

3:39 | Linking Infection & Neurological Injuries

6:12 | Blood Vessel Problems

9:21 | Managing Misfolded Proteins

12:36 | Breaking Down Pathological Proteins

16:56 | Immune System, Heat Shock Proteins

18:38 | Periodontal Disease Role in Alzheimer’s

22:01 | Risk Factors & Prevention

24:43 | Regulating Epigenetics

28:56 | Benefit of Fasting for Prevention

32:38 | Ultimate Diet for Prevention

37:32 | Meaning in Hopeless ALS Cases

41:38 | Biology of Meaning & Purpose

Follow Dr. Jay Lombard:

Website: https://www.drjaylombard.com/

Twitter: https://twitter.com/MindfulNeuro

Instagram: https://www.instagram.com/drjaylombard/

Check out our sponsors:

Better Help: Get 10% off your first month at https://betterhelp.com/impacttheory

MindPump: Download their FREE guide at fatlossimpact.com

Italic: Sign up for an Italic membership at italic.com/join using code IMPACT for 30% off.

RISE: Go to risescience.com/impact and download the RISE app today to try it FREE for 7 days.

Are You Ready for EXTRA Impact?

If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.

Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.

This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.

Subscription Benefits:

  • Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more
  • New episodes delivered ad-free
  • Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list
  • You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:
  • Legendary Mindset: Mindset & Self-Improvement
  • Money Mindset: Business & Finance
  • Relationship Theory: Relationships
  • Health Theory: Mental & Physical Health
  • Power Ups: Weekly Doses of Short Motivational Quotes

Subscribe on Apple Podcasts: https://apple.co/3PCvJa...

You are living through exciting and strange times. There are so many technological advances with AI, space travel, NFTs, and a rapidly changing culture with social media, it’s near impossible to just turn ‘off’. Let’s admit it, FOMO is real and it keeps a lot of people connected when they’re not even sure why they’re connected. When was the last time you unplugged and took on a challenge you weren’t sure you’d complete? How long has it been since you’ve sat with yourself in total silence or allowed yourself to just be bored out of your mind? Author and journalist, Michael Easter, joins me today to discuss his journey and share the lessons and insights he’s gained from spending a month in the Arctic surviving. Hunting his own food, carrying heavy loads, and sitting with absolute boredom are just part of his story. As you listen to his story, it is my hope you will consider ways you step out of your comfort zone. There is something very freeing about being able to shake things up and break your routines and habits to improve the quality of your life in unconventional ways. This episode is about facing discomfort and finding new ways to challenge yourself for the better. Order Michael Easter’s new book, The Comfort Crisis - https://amzn.to/3ihebjB

SHOW NOTES:

0:00 | Introduction to Michael Easter

1:05 | The Comfort Crisis Explained

3:02 | Journey to the Arctic

5:03 | Recovering from Alcohol

7:40 | Outside the Comfort Zone

8:55 | Helicopter Parenting Losing Challenges

12:16 | Touching Controversial Topics

14:53 | Challenges Surviving the Arctic

20:11 | Problem Creep

28:05 | Need for Rite of Passage

35:12 | Metaphorical Lions for Passage

41:19 | Comfort Creep & Habits

44:22 | Breaking Routine to be Present

47:45 | Discomfort and Boredom

50:00 | Benefits of Boredom

57:12 | Daily Routine

1:02:11 | Rucking & Human Design

1:14:05 | Killing His 1st Caribou

1:17:16 | Life Cycle & Mortality

1:27:16 | “This Too Shall Pass”

1:30:31 | Want to Live Forever?

1:39:12 | Assigning Meaning to Life

1:42:20 | Rites of Passage Transformation

1:46:12 | Problem Creep Comparison

1:50:34 | Finding Gratitude

Check out our sponsors:

Better Help: Get 10% off your first month at https://betterhelp.com/impacttheory

Butcher Box: Go to butcherbox.com/IMPACT Get 2 five-ounce lobster tails and 2 ten-ounce ribeye steaks all FREE in your first box.

Upstart: UPSTART.com/IMPACT

Magic Mind: Go to Magicmind.co and use promo code IMPACT to get 20% OFF. Ladder: Go to LadderLife.com/impacttheory

Are You Ready for EXTRA Impact?

If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you.

Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.

This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day.

Subscription Benefits:

  • Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more
  • New episodes delivered ad-free
  • Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list
  • You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more:
  • Legendary Mindset: Mindset & Self-Improvement
  • Money Mindset: Business & Finance
  • Relationship Theory: Relationships
  • Health Theory: Mental & Physical Health
  • Power Up...

Promoted