Money For Couples with Ramit Sethi 177. “We’re stressed about cash flow—but I refuse to sell any of my 8 cars” (Part 2)
Oct 8, 2024
Jason and Megan's financial dilemma unfolds as they prepare for parenthood. With Jason reluctant to part with any of his eight cars, the couple grapples with debt payments and equal spending money. They emphasize the importance of aligning their financial goals and values for a healthy family future. The conversation highlights the need for open communication about finances while balancing personal desires with family responsibilities. As they navigate their financial landscape, intentional budgeting takes center stage in their plans.
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Prioritize Core Values
- Focus on core values for the first year with a new baby, like quality time.
- Prioritize these values over purely financial optimizations.
Resistance to Change
- Jason's instinct is to stick with the financial systems that brought him success.
- Humans struggle to shift gears even when circumstances change, like becoming a parent.
The Eight Cars
- Megan suggests selling some of Jason's eight cars to pay off debt.
- Jason refuses, highlighting the emotional attachment to possessions.
