40. “We’re worth $5 million but my wife nearly canceled our trip to save $200”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.6 • 3.1K Ratings

🗓️ 26 April 2022

⏱️ 95 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

By now, you know: living a Rich Life is more about mindset than money. Look at today’s couple, Jack and Rachel. Following the principles described in I Will Teach You to Be Rich, they’ve managed to turn a $150k income into over $5 million in savings! Despite that, Rachel finds it difficult to actually spend the money—she doesn’t truly believe it’s there. She thinks that, with one wrong move, it could all be gone. This is the complicated nature of money psychology at work. They’ve built up the skill of saving but completely neglected the skill of spending. I’m going to see if I can help them connect the money they make to the Rich Life they want—and are able—to live, by getting Rachel to unpack the invisible scripts holding her back. 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	Hey, before we get back to the episode, I want to make sure you know about something that
0:03.6	I am sharing this Saturday.
0:06.0	Every year, my wife and I take a mini sabbatical.
0:08.8	It's four to six weeks of traveling.
0:11.5	We've gone to Japan, India, Paris, London, and a bunch of other places.
0:15.6	And this Saturday, in my newsletter, I'm going to share how we do it, how we decide where
0:20.2	we're going, how we make it an unforgettable experience, and even how I set up my logistics
0:26.5	so that my business can run without me being there.
0:30.3	If you've ever thought about traveling more or even taking a sabbatical, I want you to
0:35.0	sign up at IWT.com slash podcast newsletter.
0:39.9	This Saturday, September 30th, you can get this new newsletter that I'm sending out only
0:45.5	at IWT.com slash podcast newsletter.
0:48.6	Now let's get back to the episode.
0:50.3	And this was a perfect opportunity.
0:54.5	We hadn't been to New York in a long time.
0:56.4	I wanted to go, I didn't really care what it cost.
1:01.8	She was all for it.
1:02.8	She's been wanting to go to New York as well.
1:05.5	But then it just got into this whole planning thing, mostly around finding the best airfares,
1:12.6	finding the cheapest hotel.
1:14.9	When I see something that I'm okay with, I'm like, let's just do it.
1:18.8	But it seems like Rachel is never satisfied until she's exhausted, all pricing options.
	...

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