All the Hacks with Chris Hutchins

#9: Bestselling author Ramit Sethi joins Chris to talk about what living a rich life really means and how to start living one. They also discuss money rules that make your finances easier, the invisible scripts society has created to control our financial lives and how couples can better their tackle money issues.

Ramit Sethi (@ramit) is the author of I Will Teach You To Be Rich, a New Times Bestselling book with over a million copies sold. He also publishes a newsletter and runs programs about money, work and life at iwt.com.

Full show notes available at: https://www.allthehacks.com/live-your-rich-life-ramit-sethi

Partner Deals

For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals

Resources Mentioned

Connect with Ramit Sethi: Website | Twitter | Instagram

Ramit Sethi’s Book: I Will Teach You To Be Rich

Money Rules: Ramit's 10 Money Rules

Travel meaningfully: Airbnb Experiences

Full Show Notes

(01:10) What does it mean to be rich?

(02:40) Ramit's rich life

(05:31) Two conflicting money messages: Ignore both and do this

(08:04) Five essential personal finance questions

(10:04) The true cost of homeownership: Why a house isn't always a great investment

(16:38) Negotiate like an Indian: Just ask

(17:44) Timing and place for negotiation

(19:20) Unconventional items to negotiate

(20:45) Spend less or make more: The priority

(22:44) First step for financial order

(28:19) A rich life: Not shopping by price

(29:47) Overthinking $3 purchases

(30:50) Couples' money missteps

(33:57) Perception of being cheap

(35:42) Neglected financial education demographics

(37:57) When savings become excessive

(39:39) Paying cash for trips and optimizing time

(45:04) Your journey after making enough money

(48:50) Ramit's travel hacks

(53:04) The book buying rule

(53:45) Ramit's 10 money rules for easier decisions

(58:03) A financial challenge

(58:53) Investing: Embrace the boredom

Connect with All the Hacks

All the Hacks: Newsletter | Website | Membership | Email

Chris Hutchins: Twitter | Instagram | Website | LinkedIn

Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

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#50: Entrepreneur and investor Adam Nash joins Chris to discuss the biggest misconceptions of philanthropy, the hurdles of giving, tax benefits for charitable donations, real estate investing, why Daffy was created, everything you need to know about Donor-Advised Funds, and more.

Adam Nash (@AdamNash) is the CEO and co-founder of Daffy, a not-for-profit community built around a new modern way to give. Adam is a seasoned executive, investor and advisor. He sits on the board of the investing company Acorns, he teaches the "Personal Finance for Engineers" course at Stanford and he was previously the president and CEO at Wealthfront.

Full Show Notes at: https://www.allthehacks.com/giving-adam-nash

View Episode on YouTube: https://youtu.be/mERMZviCHx0

Partner Deals

For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals

Resources Mentioned

Get a free $25 in your Daffy account: https://allthehacks.com/daffy

Connect with Adam Nash: Twitter | Instagram | Adam's Blog | Daffy’s Blog

Selected Works from Daffy’s blog: Let’s Close the Trillion-Dollar Generosity Gap | The Benefits of Donating Stock to Charity

Adam’s Stanford Course: CS 007: Personal Finance for Engineers

Book Mentioned: Happy Money: The Science of Happier Spending by Elizabeth Dunn and Dr. Michael Norton

Palo Alto Recommendations: The Post | The Sea | Stanford Campus | The Dish | Shoreline Lake

Bilt Signup: https://allthehacks.com/bilt

Full Show Notes

(02:13) Dispelling Philanthropy Misconceptions

(03:29) Determining Optimal Giving Amounts

(09:22) Evaluating Wise Utilization of Organizational Funds

(12:36) Maximizing Potential for Charitable Giving

(15:10) Overcoming Challenges in the Act of Giving

(20:44) Supporting Similar Organizations Through Giving

(23:15) Exploring Tax Benefits of Charitable Donations

(23:49) Understanding Donor-Advised Funds (DAFs)

(27:42) The Creation of Daffy

(30:34) Analyzing High Fees on Donor-Advised Funds

(33:04) Leveraging Appreciated Assets for Donations

(38:31) Relocating Donor-Advised Funds

(40:37) User-Friendly Donor-Advised Fund Apps

(44:31) Investing Strategies within Daffy Funds

(46:04) Common Personal Finance Misconceptions

(48:10) Integrating Alternative Investments into Your Portfolio

(52:36) Exploring Real Estate as an Investment Avenue

(57:52) Palo Alto Dining, Drinks, and Entertainment Recommendations

(59:41) Connecting with Adam Online

Connect with All the Hacks

All the Hacks: Newsletter | Website | Membership | Email

Chris Hutchins: Twitter | Instagram | Website | LinkedIn

Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

Learn more about your ad choices. Visit megaphone.fm/adchoices

#63: New York Times bestselling author and professor, Cal Newport, joins Chris to discuss building and living what he calls a “deep life.” We also delve into strategies that increase efficiency and quality of output, why constant email and messages are making you less productive (and what to do about it) and how to implement “high-quality leisure” into your life.

Cal Newport is a professor of Computer Science at Georgetown University and the award-winning author of seven books that have been published in over 40 languages, including “Deep Work”, “Digital Minimalism”, and most recently, “A World Without Email.”

Full show notes at: https://www.allthehacks.com/deep-life-cal-newport

Partner Deals

RocketMoney: Easily cancel your unused subscriptions

Inside Tracker: 20% off personalized wellness & nutrition plans backed by science

For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals

Resources Mentioned

Connect with Cal Newport: Newsletter | Podcast: Deep Questions with Cal Newport

Cal’s Books:

• Digital Minimalism: Choosing a Focused Life in a Noisy World
• So Good They Can't Ignore You: Why Skills Trump Passion in the Quest for Work You Love
• Deep Work: Rules for Focused Success in a Distracted World
• A World Without Email: Reimagining Work in an Age of Communication Overload

All the Hacks Podcast: The Power of Regret, Motivation and Good Timing with Daniel Pink

Study Hacks Blog: Work Less to Work Better: My Experiments with Shutdown Routines

Resources Mentioned:

• Paul Jarvis: Company Of One: Why Staying Small Is the Next Big Thing for Business
• Sebastian Junger
• Simon Winchester
• Steve Martin: Born Standing Up: A Comic's Life
• Steve Martin Quote: Charlie Rose Interview with Steve Martin (52:14)
• TEDTalk: Why You Should Quit Social Media
• Mouse Books

Personalizing Your Productivity:

• The Time-Block Planner
• David Allen
• 43 Folders | Time, Attention, and Creative Work

Cal’s Takoma Park Recommendations: Republic | Takoma Bev Co

Full Show Notes:

(1:22) The Meaning of "Deep Life"

(03:05) Radical Categories for a Deep Life

(05:44) The Five Cs and Fostering Deeper Relationships

(9:26) Data Supporting Lifestyle Changes

(12:03) Lifestyle-Centric Planning and Dreams

(15:50) Pursuing Passion in Life

(18:53) Steve Martin's Impact on Cal

(22:05) Hacks and Mindset Shifts

(26:02) "Deep Work" and Cognitive Context

(30:06) Time-Blocking and Avoiding Distractions

(35:26) Slow Productivity and Quality Output

(38:53) Office Hours for Focused Interactions

(44:01) Overcoming Boredom Scrolling

(46:20) Categories of Meaningful Leisure

(51:13) Cal's Digital Minimalism Philosophy

(55:03) Intellectual Activities for Boredom

(57:29) Workday Boundaries and Shutdown Routine

(1:02:35) Balancing Family and Work

(1:05:35) Takoma Park Recommendations

(1:07:18) Cal's Current Focus