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Prof G Markets

Money for Couples — ft. Ramit Sethi

Prof G Markets

Vox Media Podcast Network

Entrepreneurship, Investing, Business

4.6722 Ratings

🗓️ 9 January 2025

⏱️ 58 minutes

🧾️ Download transcript

Summary

Scott and Ed open the show by discussing the Surgeon General’s report linking alcohol and cancer, the ongoing ski patrol strike at Park City Resort, and Meta’s new board members. Then Ramit Sethi, bestselling author of “I Will Teach You to Be Rich” and the brand new book, “Money For Couples,” joins the show to discuss how couples should navigate their finances. He explains what he thinks is the ultimate financial red flag, and why he believes couples should have joint bank accounts. Ramit also breaks down how much couples should spend on weddings – and reveals what he thinks about prenups.  Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

If you think talking about finances in general is hard, try talking to your parents about money.

0:07.0

What you don't want to do is like, do you have any money, what's going on?

0:11.0

You don't want to come at them in a more adversarial way.

0:15.0

Or, as I said, you don't want to come out like you're now the parent.

0:19.0

What to do about the ups and downs of your 401k?

0:22.6

If you or someone you care about plans to retire soon, that's on the next explain it to me.

0:28.4

New episodes every Sunday morning.

0:33.9

Today's number $1.3 million. That's how much a 600 pound tuna sold for on Tokyo's fish market Sunday morning.

0:41.0

Ed, true story.

0:42.3

When I was with my ex-wife, we would sit in bed and I would switch between the porn channel and the fishing channel.

0:47.1

And finally she said, let's just watch the porn channel.

0:49.7

And I said, oh, feeling a little frisky tonight.

0:52.1

And she said, no, you already know how to fish.

1:06.2

Welcome to Prop G Markets.

1:08.3

In today's episode, which is presented by Funrise, interesting segue.

1:14.6

We're speaking with Rameed Sati, bestselling author of I Will Teach You to Be Rich in the brand new book, Money for Couples.

1:22.1

Ed, it's 2025. You learning to fish? What's going on, my brother? What's going on?

1:28.0

I'm doing very well, Scott, feeling relaxed, ready to crush 2025. How was South Africa? We all need to know.

1:35.1

It was great. Cape Town's wonderful. It was time. I'm in that part of my life where I'm freaking out about my boys potentially leaving the house. So I was a lot of games and I've gotten my

1:46.7

oldest into working out. We worked out every day, which was a ton of fun. And my youngest is still,

1:52.8

you know, a terrorist assessing the household for weaknesses so he can strike him. We're most

1:58.1

vulnerable, but he's still a lot of fun. He's interesting.

...

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