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Money For Couples

54. “We grew up poor—but we could be millionaires” (Part 2)

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.63.1K Ratings

🗓️ 2 August 2022

⏱️ 54 minutes

🧾️ Download transcript

Summary

Last week, in part one of my conversation with Austin and Annie, we got deeply personal about their upbringings and the invisible scripts they picked up as kids. I learned that they were passing bad money habits to their young daughter—continuing a cycle of generational poverty. Today, my goal is to move them out of that cycle by getting tactical with how they can turn things around. They’re young and make plenty of money to be comfortable—even multimillionaires—in their future. But we need to get the calculator out to make them believe it. Tune in as Austin and Annie see how it’s possible to go from generational poverty to generational wealth. 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'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

0:32.3

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.

0:42.0

The two of you easily can become multi-millionaires.

0:46.4

Do you believe that?

0:47.4

No, it's just not in the cards for me.

0:49.6

I don't have the skill set to do that.

0:51.1

It's overly ambitious to the point where it is unrealistic.

0:55.8

If it is truly as easy as the numbers make it seem, then why haven't we done something

1:04.8

prior?

1:05.8

Why hasn't it not been?

1:10.4

Why has none of our influencers or our role models had anything like that to say?

1:20.7

Why is it us that of everybody else?

1:23.1

Why are we doing it?

...

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