
43. “Our $300k income is variable and declining but we aren’t adjusting our lifestyle”
Money For Couples with Ramit Sethi
00:00
How Much Do You Need to Contribute Each Year to Investments?
I would say maybe four to five million sitting in an account, multiple accounts. I'm not going to come in here and tell you everything your doing is wrong. The fastest way would be get rid of the cars. Trade in the cars. That would be easy, fast money. If we got to that point, i feel like there's no if you were to go trade in the cars,. Here's how i bet it would go. Income would stay low for several months. You two would have increasingly stressful discussions. There's no actual running of numbers here. It's just one reaction after another. Work harder. Things are still bad. Take a step down and run your own money
Transcript
Play full episode