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The Interview

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

5/9/202633 min

Ramit Sethi wants everyone to have a healthier relationship to money, and thinks he knows how to get us there.  

Thoughts? Email us at theinterview@nytimes.com Watch our show on YouTube: youtube.com/@TheInterviewPodcast For transcripts and more, visit: nytimes.com/theinterview

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Clips

Showing 10 of 11
Learning money without excuses
Calling out finance media
Why FIRE misses life
The four key numbers
Values versus actual spending
Breaking money taboos
The Target fight decoded
It’s not all your fault
Spend boldly on what matters
How parents can really help

Transcript preview

First 90 seconds

  1. Speaker 00:00

    [upbeat music] Welcome back to The Answer is BMO. Aman, the board is yours.

  2. Speaker 10:05

    Um, I'll take BMO for 300.

  3. Speaker 00:07

    You'll find no monthly fees on a Savings Amplifier account from this helpful bank.

  4. Speaker 10:11

    What is BMO? [bell dinging] I'll try BMO for 500.

  5. Speaker 00:15

    Competitive interest rates are just another way this bank helps your savings go further.

  6. Speaker 10:19

    My gut says BMO.

  7. Speaker 00:20

    BMO is correct.

  8. Speaker 10:21

    [cheering] [applause] Wow, this game is really easy.

  9. Speaker 00:23

    You can say that again. Terms and conditions apply. Visit bmo.com/cash. Good night, everyone.

  10. Ramit Sethi· Guest0:28

    BMO.

  11. David Marchese· Host0:29

    [singing] [gentle music] 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, Sethi 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

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