Money For Couples with Ramit Sethi 198. “I work 7 jobs but can’t get ahead. Are we doomed?”
17 snips
Mar 4, 2025 Juan and Amber confront their financial struggles after prioritizing travel over investing. With Juan's scarcity mindset and Amber's concerns about their income, they explore merging finances. The conversation dives into the importance of discussing money early in relationships, and how childhood experiences shape adult financial habits. They reflect on their different spending attitudes, the need for financial discipline, and strategies to boost income while maintaining personal values. Can they align their money mindsets and work towards their Rich Life?
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Juan's Past Spending
- Juan once had $50,000 in savings but spent much of it.
- He admits to buying a lot of weed and causing heartache to his family.
Amber's Bankruptcy
- Amber filed for bankruptcy in college due to overwhelming credit card debt.
- She successfully rebuilt her credit after facing initial challenges.
CSP Analysis
- Ramit analyzes Juan and Amber's Conscious Spending Plan, noting high debt payments and low investment given their income.
- He questions their high fixed costs despite low housing expenses.
