6 Reasons Smart People Stay Broke

🧠 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: https://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: https://iwt.com/events 🤳 CONNECT WITH RAMIT Instagram:   / ramit   X:   / ramit   ✅ SUBSCRIBE SO YOU DON’T MISS ANY VIDEOS    / ramitsethi   ⏩ 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