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162. “We panic over money—but spend $84K/year on travel and shopping”

Money For Couples with Ramit Sethi

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Navigating Financial Stress and Lifestyle Creep in Relationships

A couple discusses their financial situation, net worth, and the concept of lifestyle creep where spending increases with income. They review their monthly income, fixed costs, investments, guilt-free spending, and savings, expressing stress over exceeding their income due to expensive engagements and upcoming wedding costs. The chapter delves into the pressure for one partner to find a job, alleviate financial stress, and contribute to expenses in the relationship, while highlighting differences in spending habits between the two individuals.

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