Money For Couples with Ramit Sethi 200. “Should we pay off our massive debt? Or invest more?”
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Mar 18, 2025 Shannon, a risk-averse partner exploring money psychology in her marriage, joins the conversation with her husband Wilson. They discuss their conflicting financial strategies—Shannon's concern over their existing $129K debt against Wilson's urge to invest by leveraging their home equity. The couple dives into the emotional baggage tied to their contrasting views, shaped by childhood experiences and cultural backgrounds. They emphasize the necessity of open communication and collaboration in navigating finances, aiming to find harmony in their financial journey.
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The Milk Receipt
- On a second date, Wilson asked Shannon for money to buy milk.
- Shannon meticulously tracked the $1.35 milk purchase on her spreadsheet.
System Failure
- Ramit emphasizes that even complex financial systems fail if they don't work for both partners.
- He highlights the importance of a shared system for financial success.
Vacation Disagreement
- Shannon and Wilson discuss a vacation, disagreeing on renting their properties versus using a dog sitter.
- Wilson wants data before deciding, while Shannon seeks peace of mind for their dog.