Why Buying A House Makes Zero Financial Sense | ft. Ramit Sethi

Use Sam's secret growth sauce: generate more traffic with HubSpot's Free Landing Page Builder 🔥 https://clickhubspot.com/kld 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. — Show Notes: (0:00) Intro (3:30) Set your rich life intention (7:30) Don't confuse luck with skill (9:00) Sam's journey from owner to renter (12:30) Do the math: Real cost of ownership (16:30) Buy for desire (18:30) Pay in cash for large purchases (20:00) The 10 year rule (25:30) Ramit's list of must-haves (30:00) Sam's dream house (33:00) Sam's war on stuff (40:00) When to overspend (44:00) Millionaires who rent — Links: • Ramit on Twitter - https://twitter.com/ramit • Ramit on YouTube - https://tinyurl.com/m2s8cuyp • I Will Teach You To Be Rich - https://www.iwillteachyoutoberich.com/ — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth 💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano