Money For Couples with Ramit Sethi 35. “If we can’t stop fighting about money, we’re going to break up”
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Mar 22, 2022 AI Snips
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Josh's Longstanding Debt Paralysis
- Josh has carried $30,000 in credit card debt for over four years without a solid plan to pay it off.
- He feels paralyzed and anxious, avoiding aggressive repayment despite earning over $12,000 a month.
Define Your True Rich Life
- Assess what your "rich life" truly means beyond societal expectations and shiny possessions.
- Avoid overspending on status items like trucks or luxury cars that trap you financially and hinder freedom.
Josh's Truck as a Financial Burden
- Josh bought a $53k GMC pickup truck he can't really afford, mainly using it for status and leisure.
- Ramit calls trucks a common financial trap exacerbating money problems for many people in trouble.