“The way we talk about money is very unique.”
Economic personality Ramit Seti I talk about money regularly. He usually provides budgeting strategies, advice on how to build wealth, and other insights. However, he went another path in a recent Tiktok video and explained why it’s so important to monitor. What do you think about money?.
“The way we talk about money is very unique,” Seti observed.
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He began sharing some examples of how people talk about money and how to think about money in a healthier way.
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Seti said some people say they’ve had a bad week if they spend too much money. He also began to mention the example of “I have to do good things with money.” This is the code for you need to save money to buy a detached suburban home.
These claims do not tell the whole story. He said it’s okay to spend the money if you know your numbers and decide you can afford your budget to earn those expenses. Most languages revolve around getting better or having to make mistakes, but there aren’t many healthy conversations about money.
For example, many people argue that money is the root of all evil. This message comes from the Bible, but is misunderstood by those pedaling it. Money love is the root of all evil, but if you don’t spend money on the altar, it’s not evil. Instead, having more money gives you more options and opportunities in your life.
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Seti encourages people to pay attention to what they think and what they say when they talk about their own thoughts and money. It can reveal how you feel about money, your ability to get more, and how you have to make changes.
Seti gives this advice a lot, but it’s hard to blame him. Reviewing your income, monthly investments, and expenses can help you determine if you are on a good track for your long-term financial goals.
Without checking your bank account and credit card statements, it’s easier to feel lost when it comes to money. Your language may reflect that if you simply say you have had a bad week or you have to do better.