Money For Couples with Ramit Sethi

129. “We spend 154% of what we make, but I refuse to get a salary job” (Part 2)

19 snips
Nov 7, 2023
Topics discussed include analyzing takeout expenses, strategic grocery shopping, avoiding financial risks, challenges during a trip and move, building a financial system, struggling with credit card debt, shifting from problem to solution-oriented, cutting expenses and reducing fixed costs, tithing and budgeting for transportation, the financial impact of selling a car, and solutions for insufficient income.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Takeout Overspending

  • Trin and Lucas were spending over $1,000 monthly on takeout.
  • This overspending contributed to their financial struggles, causing stress and arguments.
ADVICE

Financial Accuracy

  • Avoid using ranges when discussing finances; be specific with numbers.
  • Add 15% to your estimates to account for forgotten expenses.
ANECDOTE

Impulsive Car Purchase

  • Trin and Lucas bought a new car based on monthly payments, despite having limited savings.
  • This risky decision, influenced by Lucas's desire to please Trin, worsened their financial situation.
Get the Snipd Podcast app to discover more snips from this episode
Get the app