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Money For Couples

118. “Before kids, I made $20k/month. Now he wants me to be a housewife” (Part 2)

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.63.1K Ratings

🗓️ 22 August 2023

⏱️ 75 minutes

🧾️ Download transcript

Summary

In part two of my conversation with Kara and Drake, we continue to peel back the layers of gender roles and lost identity which came to the surface last week. A reversal in earnings power, on top of inconsistent incomes, complicates things further as we untangle this complex web of emotion and expectation. This episode is brought to you by: Go to https://www.doordash.com and use promo code RAMIT to get 50% off (up to $10) when you spend $15 or more at convenience, grocery or retail stores on DoorDash. Fabric by Gerber Life | Protect your family today with Fabric by Gerber Life. Apply today in just 10 minutes at https://www.meetfabric.com/ramit. Mint Mobile | To get your new wireless plan for just $15 a month, go to https://www.mintmobile.com/ramit. Trade | Right now, Trade is offering our audience a free bag of coffee with any subscription at https://www.drinktrade.com/ramit. Links mentioned in this episode • Extended written follow up • Please fill out this short listener survey Connect with Ramit • Get the Podcast Newsletter and exclusive Q&A about the show • Get Money Coaching with Ramit • Download the Conscious Spending Plan • Get my New York Times best-selling book • Get my no-numbers journal • Other episodes • Instagram • Twitter • YouTube • Submit a question for the newsletter iwt.com/askramit If you and your partner have a money issue and you want my help, I occasionally select a couple to work with, free of charge. Apply for my help here. Produced by Crate Media.

Transcript

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0:00.0

Hey, I love to hear from you after you listen to my podcast.

0:05.7

So if you are enjoying this show in the show notes below, I've included a link to a quick

0:10.5

listener survey.

0:12.1

Your answers are going to help me understand who you are, what you think of the podcast

0:15.7

so far, so that I can make each episode even more amazing for you.

0:20.3

So please do me a favor, check out the show notes below and take five minutes to fill out

0:24.4

this quick survey.

0:26.0

Thanks in advance.

0:29.6

Next year, I was at an event for entrepreneurs, and when you're going around introducing

0:33.8

yourself to people, I noticed that a lot of people, a lot said, yeah, I moved here because

0:41.3

save on taxes.

0:43.1

And then they kind of waited as if I was going to applaud them.

0:45.0

I was like, cool, tax minimization, so awesome.

0:48.0

In my head, I was like, get a life.

0:50.5

If you are an entrepreneur, and in the first 45 seconds of introducing yourself, you talk

0:54.8

about how little you pay in taxes.

0:57.4

I have a feeling you might actually not be that good of an entrepreneur.

1:01.7

Imagine making a ton of money and out of all your options in life, the beautiful cars,

1:07.6

the most amazing food, the finest sweaters you could buy, giving away to charity and tipping,

1:14.8

you decide to use taxes as the overriding goal for how you're going to make your major

1:20.4

life decisions.

1:22.1

No, thank you.

...

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