Ramit Sethi of I Will Teach You To Be Rich picks up on a storyline from Tuesday’s episode. Jack and Christina were a perfect example of how not to travel – racking up credit card debt, booking late on a whim, and without emotional buy-in from one partner. In this deep dive episode, I go A to Z on how to plan, save, book, and enjoy vacation experiences the Rich Life way.
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Can’t-miss moments
00:00:00 — 1: Opening
00:00:52 — 2: When does Ramit start planning a trip?
00:02:06 — 3: How does Ramit pick the places he’ll go on vacation?
00:03:21 — 4: Is it worth it to use a travel agent?
00:04:58 — 5: How do you ball out on a budget?
00:05:20 — 6: How Ramit plans a dream trip
00:10:20 — 7: How to discover off-the-beaten-path experiences?
00:12:53 — 8: Ramit’s philosophy on hotels
00:14:04 — 9: How to balance making reservations vs. playing it by ear?
00:17:02 — 10: How much money should you put away for vacation?
00:17:55 — 11: Ramit’s most memorable stays so far
00:22:19 — 12: What if I have debt?
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You can only do this when you have enough money. I like the idea of live rich today and richer tomorrow.
So inspiring. I used to take big trips on a budget but with very little planning. They worked out really well but now Im saving for a 3 week trip to Mexico and I’m motivated to pt a bit more thought into it to really savour the anticipation side of it.
I think this was an excellent guide for what to consider when traveling to new places. Unfortunately for me, even though I make twice the household income in my town and my mortgage is only $1,200 and no car payment, I am absolutely drowning in medical and student loan debt. I was able to take a trip to Hawaii because my bff moved there and I had a free place to stay. Just seeing the Pacific Ocean for the first time was an experience I’ll never forget. I grew up with very little household income, so it doesn’t take much for me to have an immense appreciation for experience.
Dave Ramsey says that I can’t take vacations if I have debt – you say that I still can. I knew there was a reason why I loved you. 😄❤ Haha, but in reality, there are many reasons why you’re awesome. This is just the cherry on top. 🍒
I swear your CSP template changed my life! And I don’t have high interest debt.. so I’m going to keep going on vacations! 🏝
8:58 Ok I cried