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68. “I just learned he took out a secret $100,000 loan—two years ago”

Money For Couples with Ramit Sethi

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I'm in Debt, Is That a Bad Idea?

We were aware that we were set. And so when he lost his job, it was all on me. I had just started a new job, which is all commission-based. We knew at that point, okay, I have, right now, I have enough money to pay off that loan if we need. So I knew that, okay, if we're taking it, I have the ability to pay it back. But it would give us a little cushion still considering or thinking that COVID would be done faster.

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