151. “Our gas is about to get shut off, but I refuse to sell any of my 7 cars”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.6 • 3.1K Ratings

🗓️ 9 April 2024

⏱️ 73 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Peter and Megan, 36 and 37, are married with no kids but severe financial stress threatens their future together. Peter has grown to resent Megan’s unwillingness to seek a higher income. He’s changed jobs, but won’t consider selling any of their seven vehicles to alleviate their stress. This episode is brought to you by: Pique Tea | Get up to 15% off and 12 tea samples at https://piquelife.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. Viator | Download the Viator app and use code VIATOR10 for 10% off your first travel experience with Viator. Thinkific | The same platform I use to build online courses online https://thinkific.com. DeleteMe | If you want to get your personal information removed from the web, go to https://joindeleteme.com/ramit for 20% off. Links mentioned in this episode • “I pretend things are fine, but we’re 2 months from going bankrupt” #78 • “We 4x’d our salary as COVID nurses. The experience haunts us. So does the money” #75 Connect with Ramit • Get the Podcast Newsletter and exclusive Q&A about the show • Get Money Coaching with Ramit • Download the Conscious Spending Plan • Listen to my book—now on Audible • 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	A quick favor to ask, if you enjoy this podcast, do me a favor.
0:04.0	Please go to Apple or Spotify and click follow.
0:08.0	See, part of the reason that I started this podcast is that money is taboo.
0:12.0	And my dream is to be able to inspire millions of people just like you
0:17.2	to build a healthier relationship with money. And so by clicking follow on Apple Podcast or Spotify, it really helps my team and it helps this
0:26.1	podcast get in front of more couples who need it.
0:29.7	Thank you again for being an IWT listener.
0:32.1	It means a lot to my team and it means a lot to me.
0:38.4	We're a month behind our mortgage, getting a shut off notice for our gas account, you know, our
0:46.0	electrical accounts in a payment plan is just everything is so overwhelming for me.
0:55.6	Megan, I've asked you multiple times
0:57.6	to try to help out more, you know,
1:01.4	look at different job opportunities and I get the same answer go I'm
1:08.3	comfortable where I'm at but we need more and I just can't do this myself.
1:14.0	Do you think that Megan understands the severity of your situation?
1:18.4	I don't think so, no.
1:20.2	I listen, but I don't listen at the same time. where it's like it's become like a repetitive conversation.
1:26.6	We get by and that's just what we're doing and I'm tired of getting by.
1:31.7	Peter what if Megan never changes? I couldn't deal with it. I just, I'm not doing this anymore. I'm still young. We got no kids, maybe it's time to move on.
1:47.0	Meet Peter and Megan. They're in their mid-30s, they don't have children, and they are in very serious financial trouble.
1:57.5	Peter wrote me in his application saying he was at the end of his rope, he didn't know what to do, maybe he would even be better off alone.
2:06.3	Now as I go through today's conversation I ask them questions to try to figure out what's really
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramit Sethi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramit Sethi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.