67. “We spend $3,000/month on groceries for our 5 kids, and it’s ruining us”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.6 • 3.1K Ratings

🗓️ 1 November 2022

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Jim and Kasey are 45 and 41 with 5 young kids. They’ve been married for 18 years. But they admit that they don’t even know how they’ve made it this long with the serious communication problems in their relationship—specifically as they relate to money. Kasey goes about her life avoiding money, mostly unaware that they’re dipping into their savings each month to get by—even though Jim got a big raise recently. On the other hand, Jim knows the truth in their numbers but bottles up his emotions. When he tries to talk with Kasey about money, he does it in a way that Kasey can’t—or refuses to—grasp. In a few months, they won’t have any savings left. There’s too much at stake for them to continue on this destructive path. Let’s see if we can get them on the same page. Connect with Ramit Conscious spending plan Get the follow up 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	Before we get to today's episode, you know I'm out there buying a bunch of different
0:04.0	tools and little gadgets to try to find out little ways to make my life more convenient.
0:09.6	This Saturday, I want to share three of my favorites.
0:12.2	Here's one of them.
0:13.2	I'm going to tell you what it is on this issue of my podcast newsletter and each of these
0:18.4	three tools is under $25.
0:21.4	So to find out the three tools I use that make my life more convenient, much easier, go
0:25.9	to iwt.com slash podcast newsletter.
0:29.3	You can only get this issue at iwt.com slash podcast newsletter.
0:36.5	So basically he asks me on a date to go to dinner and I'm like, great, we get the kids
0:40.7	to bed, we leave a little later than we had planned.
0:43.5	So the place that he wanted to take me was closed.
0:46.2	So we leave the house, doesn't even mention the fact that he invited me to dinner, just
0:49.9	drives to the store.
0:50.9	I'm like, I thought we were going to dinner.
0:52.5	Well, the place I was going to take you closed and the reason that he wanted to go to
0:55.7	that place was because we had a buy one, get one free and he had a gift card.
0:59.0	So he could take me to dinner and spend $0.
1:01.6	Once that option was off the table, dinner, not a word.
1:05.4	We didn't even mention a print, pretended like it wasn't even said.
1:10.1	And it's been almost what, 18 years since you've been married.
1:13.7	What's your advice for everyone listening who wants to have a long marriage?
	...

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.