51. “We went bankrupt, but I still have no boundaries with money”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.6 • 3.1K Ratings

🗓️ 12 July 2022

⏱️ 86 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Katie and Cal are in their mid-twenties and, after moving around a bit, they live back home in Alaska with their young children. They bring in about $100k a year and have a good chunk of debt, about $25k of that they transferred to Katie’s mom for a better interest rate—a move which has hopelessly entangled her in their finances. What do you do when a family member who means well (they all do) oversteps the line? Listen in to hear how Katie and Cal come to terms with the truth—that her mom’s influence has got to go—and how they might start to enact that very difficult change in their lives. 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

Click on a timestamp to play from that location

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'm sending out this Saturday.
0:06.4	Have you ever wondered how to use your money to buy back your time?
0:09.9	This is something that people love to talk about, but very few people actually spend their
0:14.6	money to get their time back.
0:17.4	I want to show you 20 ways to buy your time back this Saturday from all areas of life
0:23.2	and all different income levels.
0:25.9	This Saturday, September 23rd, you can only get it at iwt.com slash podcast newsletter.
0:32.6	That's 20 ways to buy back your time.
0:34.4	I'm going to show you this Saturday.
0:36.1	Now let's get back to the episode.
0:38.6	He felt like I didn't trust him to do that, and that I would even have to say anything
0:45.5	seemed like it was a problem, and then it blew up into like this huge thing.
0:50.4	So did you trust him?
0:53.8	Not really, but I wouldn't trust myself either.
0:56.6	Kell, what do you hear when she says that?
1:01.3	I hear an attack, like I feel judged, and like this burden, it's been like thrust upon
1:10.9	me.
1:11.9	When it comes to big financial decisions we get, I think now we get cold feet like really
1:17.6	fast, really easily, and we're very nervous and anxious when it comes to having to make
1:26.8	more big decisions.
1:28.4	That leads us into the exact cycle that we're in, already we're not equipped to make the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramit Sethi, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramit Sethi and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.