A Personal Finance Star on What Millennials Need From Their Boomer Parents

Brought to you by Apple Card. Hey, you could be earning 2% daily cash back on that purchase, and that one, and even that one. That's because Apple Card users earn 2% daily cash back on every purchase, including everyday items they buy online or in store when using their Apple Card with Apple Pay. Not an Apple Card customer? You can apply in the Wallet app on iPhone. Subject to credit approval, Apple Card issued by Goldman Sachs Bank USA, Salt Lake City branch. Terms and more at apple.co/benefits. From The New York Times, this is the interview. I'm David Marchese. What's the best thing to do with our money? It's an age old question and one often prompted by the feeling, at least for me, that there are experts out there who know the mysterious answers hidden from the rest of us financial rubes. Ramit Sethi has found success positioning himself as one such expert in the world of personal finance. His book, the irresistibly titled, I Will Teach You to be Rich, has more than a million copies in print. In the years since it was published in 2009, Satie has transitioned into streaming with a Netflix series called How to Get Rich and a popular podcast, Money for Couples, in which he ends up playing both financial advisor and de facto relationship therapist for couples struggling with money problems. So why are people listening to him? For one, he comes across as younger, hipper and more emotionally attuned and liberal than your stereotypical browbeating financial experts. For another, he says the key to personal wealth even in an economic moment that seems particularly tough for his younger audience, can be as much about spending money as it is about scrimping and saving. I wish I'd known that sooner. Here's my conversation with Ramit Sethi. Ramit, thank you for taking the time to speak with me today. Thank you for having me. We're gonna talk about money. My favorite topic. My problem is I have too much of it. How do I get rid of some money? That's my that's really my issue. You do not hear that too often. So just to start, when you talk about helping people become rich, you don't just mean rich in a dollar figure way. You mean it in a more holistic way. So can you explain to people what rich means to you in the way that you use it? The word rich is extremely loaded in our culture. When we think of rich, we have a very specific vision of what that looks like. For example, in the eighties and nineties, it was a country club, maybe a fur coat, a private jet. That's rich. But it's quite different now. Rich could be picking up your kids from school every afternoon. Rich can be traveling for a few months a year or buying a beautiful piece of clothing, but your rich life is yours. And we see that …