208. “We make $157K at 22, but we’re afraid to spend money”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.6 • 3.1K Ratings

🗓️ 13 May 2025

⏱️ 90 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Javier (22) and Marco (22) are young, ambitious, and financially disciplined—but the future they dream about together is being challenged by how they handle money today. They earn a combined income of $157,000, already have more than $60k invested, and live in New York City with shockingly low fixed costs. But despite their impressive financial habits, they’re stuck in a cycle of miscommunication. Javier wants to be cautious now to make big moves later, while Marco wants to split everything 50/50, even if it slows down their long-term progress. With their income gap and no shared plan for spending, saving, or investing, can they plan for a wedding and build their future together? This episode is brought to you by: Masterclass | For unlimited access to every class and 15% off an annual membership, go to https://masterclass.com/ramit 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 Facet | Facet is waiving their $250 enrollment fee for new annual members, and for my audience, Facet is offering $300 into your brokerage account if you invest and maintain $5,000 within your first 90 days. Head to https://facet.com/ramit to learn more about which membership option is best for you. 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. Upwork | Visit https://Upwork.com to post your job for free and connect with top talent ready to help your business grow. 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	Just the classic, we can't afford that.
0:02.5	It's too expensive.
0:04.3	How much can we actually spend right now?
0:06.6	Because you're saying if we invest and save, yes, we'll reach that.
0:09.0	But if we scale things back, who knows?
0:11.1	What the fuck?
0:11.6	Hold on, are you taking away the complete wrong message from this?
0:14.1	He is actually the one that says he is so behind.
0:18.0	Not making enough, doesn't have enough saved. I had an ex tell me that I was really bad with money, so I had a spite, I wanted to learn a lot more.
0:25.1	Like some people, like, they get a revenge body.
0:27.4	You got a revenge portfolio.
0:29.1	In my mind, I like started saving my money like kind of late.
0:33.1	Just tell everyone how old you are again.
0:34.6	22.
0:38.5	Okay, this episode is going to blow your mind.
0:41.8	This couple is young, and they are disciplined in a way that I have not seen before.
0:47.2	I'm looking at their CSP right now.
0:48.8	You can download your own conscious spending plan at IWT.com slash CSP.
0:55.6	This couple's 22 years old.
0:57.3	They have $0 in assets, a combined gross income of $157,000, and they already have over $68,000
1:07.5	invested.
1:09.0	And listen to this.
	...

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