5min chapter

Money For Couples with Ramit Sethi cover image

82. “I’m in $20,000 of debt and she pays for everything. What’s the problem?”

Money For Couples with Ramit Sethi

CHAPTER

What Does 26% Mean to You?

Ramit: Most people don't actually understand what that number even means. If you owe money to a credit card at 26% interest, your debt doubles incredibly fast. "I lost my composure, which again was not good," Ramit says of his shock over the figure. He asks David how he feels about having so much debt and doesn't have a plan to pay it off.

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