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Money For Couples

167. “We took a loan to pay off our credit cards—and maxed them out again”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.63.1K Ratings

🗓️ 30 July 2024

⏱️ 70 minutes

🧾️ Download transcript

Summary

Ashley is 29, Brandon is 30. They have been married for six years and have accumulated $261,000 in debt. Despite taking out a surrogate loan, they are still unable to have a baby. Ashley is desperate for a partner, but Brandon struggles to engage—at home, and in this conversation. This episode is brought to you by: 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. Trade | Right now, Trade is offering our audience a free bag of coffee with any subscription at https://drinktrade.com/ramit. Pique Tea | Get up to 15% off and 12 tea samples at https://piquelife.com/ramit. Next Level Wardrobe | Dress like an elevated version of you. Take a free styling quiz at https://nextlevelwardrobe.com/ramit. 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

Before we start today's show I have a really exciting announcement that I've been wanting to share for a long time on January 1st 2025

0:07.4

I'm releasing a new book called Money for Couples for the last Years, you've heard me on this podcast speaking to different couples every single Tuesday.

0:17.0

I've spoken to over 170 couples on this show about their money psychology,

0:21.0

the money messages they heard from their family,

0:24.0

the peculiar dynamics that they have around money, where they get stuck,

0:28.0

and how they can get on the same page.

0:30.0

Well, behind the scenes, I've been working on the definitive book to help couples get

0:35.1

on the same page with money and that's what I wrote for you. It's coming out

0:39.4

January 1st and in the book I'm going to share how to talk about money including the exact

0:44.1

words to use when to talk about it how to teach your kids about money even the

0:49.2

exact agenda and account setup that my wife and I use in our finances.

0:55.0

I'm going to show the tactics to make instant improvements,

0:58.0

like how to set up your accounts to automatically work together

1:01.0

and how to assess your financial health.

1:03.0

And finally, you're going to get a deeper understanding of money psychology in your relationship.

1:09.0

And you're going to discover why you and your partner see money differently and how to get on the same page.

1:15.0

Now it's one thing to listen to couples or watch couples every single week.

1:19.0

I love doing that for you.

1:21.0

But it's a whole different thing to be able to have the book and to be able to work through it with your partner.

1:27.0

I'm so excited to get this book in your hands. You can pre-order it using the link IWT.com slash money for couples and stay tuned for a lot more on this book this year.

1:39.0

Again go to IWT.com slash money for Couples to pre-order my new book about getting on the same financial page as your partner.

1:48.0

On our episode today.

...

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