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Money For Couples

131. “We’re worth $5.5M but I feel like it doesn’t belong to me”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.63.1K Ratings

🗓️ 21 November 2023

⏱️ 73 minutes

🧾️ Download transcript

Summary

Matt is 40 and Ruane is 38. They have two kids and live in Toronto. They’ve done incredibly well for themselves, with an eye-popping net worth of $5,500,000—but lingering anxiety about money and the overwhelming responsibilities of parenthood have driven them apart. This episode is brought to you by: Trade | Right now, Trade is offering our audience a free bag of coffee with any subscription at https://drinktrade.com/ramit. Rocket Money | Stop throwing your money away. Cancel unwanted subscriptions – and manage your expenses the easy way – by going to https://rocketmoney.com/ramit. Facet | Get affordable, accessible financial planning with a flat fee membership. For a limited time, the $250 enrollment fee will be waived when you sign up at https://facet.com/ramit. DeleteMe | If you want to get your personal information removed from the web, go to https://joindeleteme.com/ramit for 20% off. 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

Click on a timestamp to play from that location

0:00.0

I'm not a gold digger. I'm not trying to get you for all your properties and all your money. I make my own money. I'm a full-time, you know, career woman and I don't need your money.

0:12.0

There's no pre-nup and we're married in the next month she decides

0:16.0

she made a mistake, she can walk away with half or more or worse.

0:20.0

I don't want to be afraid to talk about money. I live in the past. There's a lot of hurtful things that got us to where we are and it revolves around money and I hold on to that.

0:31.0

It's just what I tell Ren whenever she asks my own my birthday, it's time with her.

0:36.7

I just want my wife back.

0:39.4

That's the rich life for me.

0:40.8

This switch hasn't flipped fully for me yet. Where now I can say okay let's enjoy this. You know it's been years of darkness.

0:50.4

They can't go on.

1:00.0

What would you do if you felt disconnected from your partner of nine years?

1:05.6

What if both of you felt alone and you both wanted more quality time together but you couldn't figure out how? Well today I'd like to introduce you to Matt who's 40 and

1:09.7

Ruane 38. They both live in Toronto, They have two kids. And in today's conversation

1:14.8

you're going to hear some shocking admissions, including a conversation they

1:19.2

had before they got married that has haunted their relationship ever since. I'd like to read you a

1:25.3

little bit from their application. We've been married for nine years and lived together

1:30.0

for 13 years and I have always subsidized our lifestyle. Our kids are getting older

1:35.2

and soon they won't be the glue to keep us together. This is a fascinating

1:39.7

conversation and before we get into it I want to ask you one question.

1:44.0

When was the last time you had a productive conversation about money with your partner?

1:50.0

You know, on this show you'll hear me recommend to guess that they have regular money dates.

1:54.4

I talk about money with my wife regularly.

1:56.9

Well this Saturday in my newsletter I'm going to share how to have a money date with your partner

...

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