152. “The world is going to end. So why bother investing?”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.6 • 3.1K Ratings

🗓️ 16 April 2024

⏱️ 96 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Fernando and Anushka, 30 and 31, live in San Diego and earn high incomes—matching $135,000 salaries, in fact. They have healthy investment and savings rates, send money to his family back home, and rent a nice apartment. They’re living their Rich Lives, or are they? This episode is brought to you by: Hatch | A million things don’t want you to sleep, Hatch does. Get $20 off a Hatch Restore and free shipping at https://hatch.co/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. ZocDoc | Download the ZocDoc app for FREE at https://zocdoc.com/ramit then find and book a top-rated doctor today. Superhuman | Get a free month of lightning fast email at https://try.sprh.mn/ramitsethi. LMNT | Right now, LMNT is offering 8 single serving packets FREE with any LMNT order. This is a great way to try all 8 flavors. Get yours at https://drinklmnt.com/RAMIT. Links mentioned in this episode • “My parents keep expecting us to pay for them” #7 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

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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	I find money, it's cliche to say, but like it's almost like the root of all evil.
0:43.0	There's so much bad that can happen because of money.
0:46.0	Every time I try and have the conversation with him,
0:49.0	okay, this is what you should be investing.
0:51.0	Like he groans, he rolls his eyes at me. be investing.
0:55.0	it's like it feels like gambler having lived in many other places.
1:00.4	There's a lot of issues I have with the way that America is set up financially for its citizens.
1:05.6	It's the whole thing that like my self-worth is tied to a number.
1:10.0	And if you don't max it out, that means...
1:14.0	I'm worthless.
1:16.0	And I think part of that for me is my net worth
1:19.0	and living the lifestyle that we live
1:22.0	and being able to shove it in my mom's face to be like,
1:25.3	I told you I'd still to introduce you to Fernando and Anushka. They're both in their early
	...

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