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Money For Couples

87. “We’re in $400,000 of debt, but we can’t say no to our kids”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.63.1K Ratings

🗓️ 21 March 2023

⏱️ 92 minutes

🧾️ Download transcript

Summary

Kenna and Ryan are 36 and 45. Up until recently, Ryan worked and Kenna stayed home with their kids. Now, with that earning dynamic flipped, they’re facing new challenges with how they spend and save—especially when it comes to their children. This episode is brought to you by: LMNT | LMNT is offering my listeners a free sample pack with any purchase, that’s 8 single serving packets FREE with any LMNT order. Get yours at DrinkLMNT.com/ramit. Sakara | And right now, Sakara is offering our listeners 20% off their first order when they go to Sakara.com/RAMIT or enter code RAMIT at checkout. Rocket Money | Stop throwing your money away. Cancel unwanted subscriptions – and manage your expenses the easy way – by going to RocketMoney.com/ramit. Links mentioned in this episode • Get Money Coaching with Ramit • Get my New York Times best-selling book Connect with Ramit • Download the Conscious Spending Plan • Get my no-numbers journal • Other episodes • Instagram • Twitter • YouTube 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

All right, a little behind the scenes talk about this podcast.

0:03.6

First of all, I love this podcast.

0:05.2

It's one of the favorite things that I do in all of my business.

0:08.7

And I want it to be sustainable.

0:11.0

Since we started this podcast, I've had almost a hundred couples on.

0:15.1

We've built an entire process to find these incredible stories.

0:19.3

And recently we added video so that you can see their faces and their body language.

0:24.7

I wanted to create something unlike any other podcast.

0:28.5

And I'm really proud of what we have created so far.

0:32.0

To make this podcast sustainable, I have recently started inviting sponsors onto the show.

0:38.0

And I want to talk about this for a second.

0:39.6

Most of the time, these are companies that I have personally used and I love.

0:46.0

My team will reach out and will ask if they want to be sponsors

0:49.9

and if they want to reach millions of listeners.

0:52.9

Sometimes I haven't used the product, but I think it might be a fit for my audience.

0:58.1

So in those cases, I'll text some of my friends to see if they've used it.

1:02.0

I'll check the online reviews.

1:03.5

And in many cases, I will actually get a version of that product and I will test it myself.

1:09.0

I share all this with you because I want you to know everything that goes on behind the scenes

1:14.7

to make sure that the sponsors I work with are really good brands creating really good products.

1:20.5

And it's meaningful to me.

1:22.1

If you have a great experience with one of these products that you hear about on this podcast,

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