198. “I work 7 jobs but can’t get ahead. Are we doomed?”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.6 • 3.1K Ratings

🗓️ 4 March 2025

⏱️ 101 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Juan (43) and Amber (40) feel behind on their retirement plans after years of prioritizing travel and expensive hobbies over investing. Juan, who grew up poor, struggles with a scarcity mindset—undercharging for his work and financially supporting his family. Amber, now earning less, believes they should be doing better. With financial pressure mounting, they’re considering merging finances but need to align on their money mindset first. Can they change their spending habits, boost their income, and get on track for their Rich Life? This episode is brought to you by: Trust & Will | Secure your assets and protect your loved ones. Get 10% off plus free shipping on your estate plan documents by visiting https://trustandwill.com/ramit Netsuite | Get visibility to everything in your business in one place. Sign up and defer payments, with no interest, for six months at https://iwt.com/netsuite Thrive Market | Head to https://thrivemarket.com/RAMIT and get 30% off your first order—plus a FREE $60 gift! 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 • Want to earn an extra $1,000 on the side? Get on the waitlist at iwt.com/earnwaitlist • Order my new book: Money for Couples Connect with Ramit • 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 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	What if you didn't have to stress about every last dollar? What if you and your partner could
0:05.3	actually earn more money? See, most couples, they focus on cutting back. That's their first
0:11.8	place to go. Restriction, canceling subscriptions, arguing over takeout, feeling guilty.
0:17.2	But what if you flip the script and focused on earning more instead?
0:25.2	Well, I am hosting a free live event where I'll show you how.
0:29.6	It's happening this Monday, March 10th at 8 p.m. Easter.
0:31.2	And here's the best part.
0:39.6	I'll be working live with a couple right there coaching them how to go from this concept of penny pinching to bringing in extra income together. You will see exactly how to apply these steps to your own life.
0:46.2	And I'll be taking your money questions live during the free event. Seats are limited.
0:50.7	So grab yours now at IWT.com slash earn more or click the link in the description below.
0:57.9	At one point, I had almost 50,000.
0:59.9	In savings? What happened to it? Don't say the motorcycle.
1:02.7	We have five motorcycles.
1:04.3	Five motorcycles? I don't even have five books I wrote. Why do you have five motorcycles?
1:09.5	This is your fault. This is my rich
1:11.5	life. What happened the first time you met? Amber tried to tell me how to run my business. Yeah,
1:15.8	he was doing it all raw. I didn't have a good role model for money growing up. I am so far behind
1:21.8	on any kind of savings. Amber's behind as well. We really need to step up how much we're putting away.
1:28.6	What did you do with that money? I bought a lot of weed with that way.
1:34.0	I was not a good sibling. I was not a good son. Caused a lot of heartache and a lot of grief.
1:38.6	I'm forever trying to make up for that. Have you ever had to declare bankruptcy in college?
1:43.7	I got in over my head. The collections
	...

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