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b'In this moment, personal finance expert Rami Sethi breaks down the 4 finance numbers everyone needs to know and what exactly a \\u2018rich life\\u2019 is. Ramit says that most people don\\u2019t have even the most basic understanding of money, compare this to other areas of life such as driving, where we need to know the rules of the road before putting a key in the ignition. However, personal finance is actually incredibly simple and Ramit says that the four numbers you need to track are: your fixed costs like rent and groceries, savings, investments, and guilt free spending. From these numbers, Ramit says that he can see what are a person\\u2019s priorities and outlook on life. But more revealing is someone\\u2019s idea of their \\u2018rich life\\u2019. This is what a person\\u2019s life would look like if they finally reached the level of wealth they are chasing. Ramit says too often people\\u2019s answer to what their rich life is vague, for instance, saying they want to be able to do what they want when they want, or to have freedom. These answers are so vague as people have never really thought about this question before, but Ramit say they need to think about this potential future deeply and in detail so that they can truly envision it.\\n\\nListen to the full episode here - https://g2ul0.app.link/hzKpXWPk1Gb\\nWatch the Episodes On Youtube - https://www.youtube.com/c/%20TheDiaryOfACEO/videos\\nRamit- https://www.instagram.com/ramit/?hl=en-gb\\nhttps://www.iwillteachyoutoberich.com\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices'