98. “We make $280,000. Why does he keep shooting down my dreams?”

Money For Couples

Ramit Sethi

Relationships, Society & Culture, Investing, Business

4.6 • 3.1K Ratings

🗓️ 16 May 2023

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sarah and Charlie are in their mid 30s living in Mexico City. They are foodies who love to travel, married for 5 years and earning in the top 1% for their location. Sarah has big dreams, but Charlie holds them both back – a dynamic we learn is seen, and heard, elsewhere in their lives. This episode is brought to you by: BetterHelp | Visit betterhelp.com/ramit today to get 10% off your first month. LMNT | Right now, LMNT is offering 8 single serving packets FREE with any LMNT order. This is a great way to try all 8 flavors. Get yours at DrinkLMNT.com/RAMIT. Rocket Money | Stop throwing your money away. Cancel unwanted subscriptions – and manage your expenses the easy way – by going to httpS://rocketmoney.com/ramit. Ness Well | IWT listeners can get an extra 5K welcome bonus when they apply for the Ness Card at nesswell.com/ramit. Links mentioned in this episode • Get the Podcast Newsletter and exclusive Q&A about the show • Guilt-free spending guide • Submit a question for the newsletter at iwt.com/askramit Connect with Ramit • Get Money Coaching with Ramit • Download the Conscious Spending Plan • Get my New York Times best-selling book • 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	Have you heard people talking about the hedonic treadmill, the idea that once you start spending money on certain things
0:06.8	You're not going to enjoy it anymore and then they usually tell you this so therefore don't get on the hedonic treadmill
0:12.9	Don't spend any money if you get a raise bank at all. I don't love that advice. It's just getting people to play small
0:19.3	I would rather you have a philosophy or a framework on how to know when you are ready to spend more in my life
0:28.2	If you told me remit you can't stay at nice hotels
0:31.8	That would actually be very difficult for me because those things are important to me
0:36.2	For a lot of people if they own a house and you say you can't afford it anymore
0:39.9	You've got a rent or move into an apartment. They would find that incredibly difficult
0:44.4	I don't want you to be afraid of the hedonic treadmill and worry about spending money on anything because you're just gonna
0:49.9	Get used to it. So don't do it at all. No, I want you to have a more nuanced perspective on money
0:55.0	That's why this Saturday on my podcast newsletter. I'm going to share six main areas where once you spend money
1:01.6	It's really difficult to go back and my philosophy is to make sure that you are ready
1:07.5	To move up the value chain before you ever spend money on these things
1:11.9	I set my life up so I would never have to take a step back when it comes to nice hotels
1:16.6	I want you to do the same for the important things in your life get on the newsletter at iwt.com slash podcast newsletter
1:24.2	I'm only sending this particular newsletter out on Saturday, August 12th after that you will not be able to access it
1:30.4	Iwt.com slash podcast newsletter
1:36.1	I don't know that he always listens to me. I mean, I know he doesn't always listen to me
1:40.9	I felt like I ran into a brick wall of no. What do you say he said we can't afford that we can't do that
1:46.1	I mean, I felt like someone had popped me like balloon and I just I got I got angry
1:51.0	I mean, I just got really upset and I went to the numbers and it was like what do you mean we can't afford that like we can't afford it
1:59.3	No, it never does he's really stuck in a lot of ways and really stuck playing the same loops in his head
	...

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