Money For Couples with Ramit Sethi 208. “We make $157K at 22, but we’re afraid to spend money”
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May 13, 2025 Javier and Marco, both 22, face a financial crossroads despite their impressive $157K income. They navigate a delicate balance between saving for the future and enjoying the present. With contrasting spending philosophies, their discussions reveal the challenges of aligning financial goals. They delve into the emotional aspects of money, the importance of transparency, and the need for a joint financial plan to tackle significant milestones like a wedding. Can they find common ground and build a future together in New York City?
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Know Your Household Income
- Knowing your household income creates clarity and maturity in money discussions.
- Not knowing that number may keep people stuck in individual financial mindsets.
Misconceptions About Investing
- Some families view investing as gambling due to lack of understanding.
- This perception causes fear and limits early investing confidence.
Javier's Revenge Portfolio Story
- Javier learned about money out of spite after an ex told him he was bad with money.
- This motivated him to build a "revenge portfolio" by aggressively investing early.
