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Money For Couples with Ramit Sethi

25. “I want to pay for convenience, but my husband thinks it’s lazy”

Money For Couples with Ramit Sethi

Ramit Sethi

Business, Relationships, Society & Culture, Investing

4.6124 Ratings

🗓️ 11 January 2022

⏱️ 43 minutes

🧾️ Download transcript

Summary

Meet Gemma and Jack. Jack believes that people who delegate certain tasks, like cleaning and laundry, are lazy. It’s one of his many strong opinions that’s causing a wedge in their relationship.  Recently, he refused to hire movers because it was a “waste of money.” As frustrating as they are, listen to the layers behind his financial opinions. They have a household income of $200k, but it’s not an even split. Throw in their individual cultural and gender codes, and it starts to make sense why they’re butting heads about penny decisions over who should pay the gas or do the laundry. They’re completely misaligned when it comes to the big vision.  We need to get them to connect over money. Let’s start there and build our way up.  Connect with Ramit Website Instagram Twitter Facebook YouTube Linkedin 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

I know that what we can do together is more than what either of us can do individually.

0:09.4

But also like I'm also a little bit of a rebel where I'm just like I don't want to do

0:13.4

those household things because I saw my mom do them and she wasn't happy about it.

0:18.4

So when Gemma asks to be able to you know hire somebody to deliver groceries or clean

0:27.8

the place, how does that strike you?

0:31.2

I would rather die than pay somebody 50 hundred full three blocks.

0:38.2

I'm Remed say T and this is the I will teach you to be rich podcast.

0:42.5

How do you deal with money in a relationship if your partner refuses to spend it?

0:47.8

It's easy to feel resentful because suddenly your world has shrugged.

0:52.2

You might have the money between the two of you but your spending is going to be determined

0:56.7

by the lowest common denominator in your relationship, your partner who just might not want to spend

1:02.8

money on certain things. Well today I want to introduce you to Gemma and Jack.

1:08.0

They're both 35 and Jack has really strong opinions about what they should not spend money on.

1:14.7

Like when they recently moved Jack refused to hire movers saying it was a waste of money.

1:21.0

So he ended up spending his limited vacation time moving all their furniture three blocks away

1:26.3

consuming what could have been their time together. Gemma and Jack have an income of over

1:31.7

two hundred thousand dollars between them and they're well-entracted to become multi-millionaires

1:36.5

but Jack thinks people are lazy if they hire movers or if they live in a door man building

1:43.9

and he's a door man. Gemma earns more than Jack does raising fascinating gender and cultural

1:50.4

questions which you'll hear in today's episode. They find themselves arguing over tiny issues

1:56.5

like who pays for gas but they're ignoring the huge elephant in the room and that is

2:02.6

they're completely financially misaligned when it comes to the big picture.

...

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