205. “I've been homeless before…I'm terrified to spend money”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.6 • 3.1K Ratings

🗓️ 22 April 2025

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

Jennifer (37) and Steve (41) have been dating for over five years, but they’ve never spent more than $100 on a shared purchase. Jennifer is a self-made business owner with a clear vision for the future, while Steve is cautious, financially conservative, and still haunted by a turbulent past that included losing both parents and living out of his car. Despite a solid income and nearly $200,000 in savings, Steve can’t shake the fear of financial collapse. Jennifer, meanwhile, is growing resentful. She wants a partner who dreams big and makes bold moves with her—not someone who second-guesses a $10 purchase. Can they confront the past, align on a shared vision for their future, and finally start acting like teammates? This episode is brought to you by: 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 Aura Frames | Use promo code RAMIT to get $35 off the best-selling Carver Mat frames at https://auraframes.com Fabric by Gerber Life | Join the thousands of parents who trust Fabric to protect their family. Apply today in just minutes at https://meetfabric.com/ramit. Next Level Wardrobe | Take their free styling quiz and elevate your style at https://nextlevelwardrobe.com/ramit Links mentioned in this episode • 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's something you've been dreaming about?
0:02.5	Buying a beautiful house, renting a villa in Italy and inviting your entire extended family.
0:09.7	Whatever that dream is, do you know what to do right now to make it a reality?
0:16.3	Well, that's exactly what I'm going to be teaching Thursday, April 24th in my money coaching call.
0:21.7	In my money coaching program, I host monthly 90-minute group coaching calls where I go way
0:28.1	deeper on topics than I can ever do publicly, like how to do an annual Rich Life review, where I
0:34.7	show you exactly what to say, or a live walkthrough of creating your
0:39.6	own conscious spending plan, along with plenty of Q&A every call. This month, we're talking
0:46.2	about how to make your 10-year dreams become a reality starting right now. And you can only
0:52.7	join this call if you're a member of my money coaching program.
0:56.4	So sign up at IWT.com
0:59.0	slash money coaching.
1:00.9	Not only will you get access to ask me questions directly,
1:04.5	you will also be able to join
1:06.3	an amazing community of people just like you
1:09.3	who want to support and inspire you.
1:12.0	Again, IWT.com slash money coaching.
1:16.6	I have a scarcity mindset when it comes to money because I've lived in a car.
1:20.7	I've had only $5 to my name.
1:22.9	I know what it's like to couch surf six months after my dad passed away.
1:27.3	They basically were just like,
1:28.5	no wonder why your dad passed away because of how bad you guys are. What the f***? They said this?
	...

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