How to Talk about Money with Your Partner and Build a Rich Life Together with Ramit Sethi

The Jasmine Star Show

Jasmine Star

Business, Social Curator, Business Strategy, Business Tips, Instagram Growth, Photography, Online Marketing, Entrepreneurship, Jasmine Star, Marketing, Social Media, Social Media Strategy, Start A Business, Photographer

4.9 • 2.8K Ratings

🗓️ 28 February 2023

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

As entrepreneurs, we’re constantly looking at our numbers - how much money did we make this month? What was our profit? Our revenue? Was that new tool/team member/course a good investment? But when it comes to talking about the numbers with our partner, we freeze. We don’t know what to say or we don’t know how to say it… and so we avoid, we fight about the cost of tomatoes, and we get stuck in the same arguments again and again. How do we get out of this cycle and create a life we love with o...

Transcript

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0:00.0	Welcome back to the Jasmine star show, y'all. I have been waiting for this conversation
0:19.0	since April 2020. If y'all have been around the block with us for a while, back on episode
0:24.0	51, we had this brilliant mind on the podcast and remeats they came on, blew all of
0:30.8	odd dang minds when it came to pricing. And he broke down how to price your product or service.
0:37.1	It was and still remains one of the top most downloaded podcasts the show has ever got.
0:42.5	So to have him come back, I am just like ladies and gentlemen, welcome back,
0:46.5	remeat host of I will teach you to be rich podcast. So welcome.
0:50.8	Thank you. Thank you. I've joined the podcast world since we last talked. Yeah. So since 2020,
0:55.5	you were non podcasting and homeboy decides start a podcast. It just blows up. And now you're
1:01.6	back on this podcast. So how is podcast even for you? All my friends have been telling me for
1:06.6	about eight years that I need to start a podcast. And I was like, yeah, I know I probably should,
1:12.5	but I didn't know what my idea was. I didn't feel like I was the best interviewer. And I didn't
1:19.0	want to do what I saw other people doing much better than I could. And so I just waited like a
1:24.0	long game of poker. And then one day this couple came on Instagram DM and they said, we are having
1:30.8	trouble with our money. Will you help us? We have $525,000 of debt. I said, all right, I'll help you
1:39.4	if you agree to do it live on Instagram live. I didn't think they would. They're like, okay,
1:44.7	I was like, wait, what? You actually agreed? They have to share all their numbers. I made them
1:48.7	share everything. They did it. I helped them out. You know, one of the top two professions in
1:54.0	financial trouble that I talked to, number one, vets. They're always in the biggest amount of debt.
1:58.4	Number two physical therapists. So these two were vets. And when I started helping them and they
2:02.8	shared exactly how much debt they have, exactly how much money they make. People went bonkers and I
2:08.0	realized this is it. And so the new podcast, I speak to couples. Some of them have $600,000 of debt.
	...

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