Ramit Sethi shares advice on millennials' financial needs from boomer parents

12 articles · Updated · The New York Times · May 9

In a New York Times interview, the 43-year-old author said parents should help adult children thoughtfully, as money stress and emotions increasingly shape millennials' financial lives.
Sethi, whose 2009 book has more than one million copies in print, argued that building a "rich life" means spending intentionally on priorities while cutting costs elsewhere.
The Netflix host and podcaster said his approach differs from traditional personal-finance advice by treating money as tied to values, relationships and flexibility, not only saving and deprivation.

Does Sethi's anti-frugality stance ignore the economic reality for millions who must scrimp and save simply to survive?

When does parental financial support for adult children cross the line from a helpful scaffold to a harmful dependency loop?

Is spending lavishly on passions a realistic goal for those with massive debt, or just a fantasy for the privileged?