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81. “We’re broke—but $55,000 private school tuition is a non-negotiable” (Part 2)

Money For Couples with Ramit Sethi

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Is This Something You Could Decide?

Parents can set up a rule for the two of you that says any additional amount we make above our salaries gets allocated in this way. You can only do that taking last year's bonus and use it for the future year. Do you see how you haven't been doing that? Yep. And that's screwed you. Because you're basically counting on all this money now. If it doesn't happen, you're in real trouble. So I say we put it at zero. Go ahead. Make the change.

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