Uploaded May 2026 | Updated September 2026, 2 weeks ago
🧠Smart with money but still feel stuck? Join Money Coaching and build a simple system for saving, investing, and earning so your decisions actually grow your wealth: iwt.com/moneycoaching-yt
Being smart doesn’t guarantee you’ll become wealthy. After 20+ years working with engineers, doctors, founders, and other high earners, I’ve seen the same traps keep intelligent people disadvantaged. In this video, I break down 6 common money mistakes that feel smart in the moment but can cost you hundreds of thousands or even millions over time.
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➡️ Gelt | Get premium, proactive tax strategy with expert advice through the power of AI technology and expert CPAs at JoinGelt.com/Ramit
Ramit Sethi is the host of Netflix’s “How To Get Rich” and New York Times bestselling author of “I Will Teach You To Be Rich” and “Money For Couples”
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* X: twitter.com/ramit
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youtube.com/user/ramitsethi/featured
⏩ CHAPTERS
00:00 Introduction
00:57 Trap #1: Waiting Until You’re Ready
05:04 Trap #2: Perfectly Executing a Flawed Plan
11:13 Trap #3: Resetting Your Starting Line
13:41 Trap #4: Thinking You’re Smarter Than the Market
19:12 Trap #5: Over-paying for a False Sense of Security
21:42 Trap #6: Chasing an Intellectual High
🧠Smart with money but still feel stuck? Join Money Coaching and build a simple system for saving, investing, and earning so your decisions actually grow your wealth: iwt.com/moneycoaching-yt
Being smart doesn’t guarantee you’ll become wealthy. After 20+ years working with engineers, doctors, founders, and other high earners, I’ve seen the same traps keep intelligent people disadvantaged. In this video, I break down 6 common money mistakes that feel smart in the moment but can cost you hundreds of thousands or even millions over time.
THIS VIDEO IS BROUGHT TO YOU BY
➡️ Gelt | Get premium, proactive tax strategy with expert advice through the power of AI technology and expert CPAs at JoinGelt.com/Ramit
Ramit Sethi is the host of Netflix’s “How To Get Rich” and New York Times bestselling author of “I Will Teach You To Be Rich” and “Money For Couples”
🎟️ COME TO MY NEXT LIVE EVENT
* Virtual and In-Person Events: iwt.com/events
🤳 CONNECT WITH RAMIT
* Instagram: instagram.com/ramit
* X: twitter.com/ramit
✅ SUBSCRIBE SO YOU DON’T MISS ANY VIDEOS
youtube.com/user/ramitsethi/featured
⏩ CHAPTERS
00:00 Introduction
00:57 Trap #1: Waiting Until You’re Ready
05:04 Trap #2: Perfectly Executing a Flawed Plan
11:13 Trap #3: Resetting Your Starting Line
13:41 Trap #4: Thinking You’re Smarter Than the Market
19:12 Trap #5: Over-paying for a False Sense of Security
21:42 Trap #6: Chasing an Intellectual High
