Money For Couples with Ramit Sethi cover image

Money For Couples with Ramit Sethi

167. “We took a loan to pay off our credit cards—and maxed them out again”

Jul 30, 2024
Ashley, 29, and Brandon, 30, share their struggles with $261,000 in debt and emotional turmoil over family planning. They dive into how their childhood experiences shape their financial habits and highlight the complexities of differing priorities in their relationship. The couple discusses the emotional strain of debt and how financial communication plays a crucial role in their partnership. They reflect on the impact of extreme debt on their aspirations, revealing the delicate balance between enjoying life and managing finances.
01:06:28

Podcast summary created with Snipd AI

Quick takeaways

  • Brandon and Ashley's differing financial philosophies create tension, impeding their ability to effectively manage shared debt and financial goals.
  • Ashley feels burdened by their financial situation, leading to resentment towards Brandon for his lack of involvement in budgeting and discussions.

Deep dives

Announcement of Upcoming Book

A new book titled 'Money for Couples' is set to be released on January 1, 2025, aimed at helping couples align their financial goals and improve their communication regarding money. The author shares insights from over 170 interviews with couples, discussing their distinct money backgrounds, shared tensions, and psychological factors related to finances. The book will provide practical strategies on discussing finances, including language and timing, as well as practical tools for managing joint financial accounts effectively. Additionally, it aims to broaden the reader's comprehension of money dynamics within relationships and presents planning frameworks to help couples assess their financial health.

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