Money For Couples with Ramit Sethi 193. “I’ve filed for bankruptcy twice. Will I ever stop spending?” (Part 1)
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Jan 28, 2025 LaKiesha and James face the challenge of merging their finances while grappling with the weight of $190,000 in debt and past bankruptcies. They explore how childhood experiences shape spending behaviors and emotional complexities around money. The couple navigates the tension between wants and needs, revealing the impact of impulsive buying on their relationship. Their candid conversations dig into the roots of their financial habits and emphasize the importance of accountability and communication in creating a healthier financial future.
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Target Overspending
- LaKiesha went to Target with James and overspent by $50, despite having a list and pre-purchased items.
- She bought an outfit for herself, a sweatshirt for her daughter, and items from the dollar section.
James's Questioning
- James admits to questioning LaKiesha's spending habits multiple times a week.
- LaKiesha confirms this, sharing that James associates her silence on payday with spending.
Inherited Role
- James's questioning of LaKiesha's spending mirrors his father's questioning of his own spending as a child.
- This suggests James has adopted a similar "voice of reason" role.
