AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Money For Couples with Ramit Sethi
185. “My fiancé has no savings at 43. Should we get married?”
Dec 3, 2024
Dawn and Richard confront their financial struggles as they plan their marriage while living paycheck to paycheck. They explore the impact of their past money experiences on their current situation, emphasizing the need for a cohesive financial plan. The couple grapples with differing spending habits and the emotional toll of financial insecurity. Discussions on retirement savings and shared financial goals highlight the complexities of combining finances, revealing the importance of open conversations and accountability in their relationship.
01:33:34
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Dawn's tendency to overspend on her family complicates their financial stability, requiring them to establish clear spending boundaries together.
- Richard's past financial trauma influences his reluctance to invest, highlighting the need for open communication on their investment strategy.
Deep dives
Financial Struggles of Dawn and Richard
Dawn and Richard are a couple living paycheck to paycheck, facing significant financial challenges. Dawn, at 48, struggles with overspending on her family while Richard, 43, deals with past trauma from a financially devastating breakup that left him fearful of spending. Their incomes are mismatched, with Dawn earning three times what Richard makes, creating tension in their relationship as they try to combine their finances. This financial imbalance has caused them to almost break up, highlighting their ongoing struggle to find common ground in managing their money.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode