119. “He’s not ready for marriage. So why did we buy a house together?”
Money For Couples with Ramit Sethi
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Selling the House to Pay Off Debts
In this chapter, they discuss the benefits of selling their house to pay off their debts and start fresh. They talk about the financial advantages of selling the house, such as being able to pay off debts, save for future down payments, and invest. They also express the stress and financial difficulties they are facing, including high interest rates on their debt and the fear of being 'house poor'. They mention the importance of breaking down big problems and seeking help from a third party to navigate financial challenges. The chapter concludes with an analysis of their financial numbers, including their assets, investments, savings, debt, and net worth, highlighting the impending increase in housing costs.
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