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160. “My entire paycheck goes to daycare. Should I stay home?”
Money For Couples with Ramit Sethi
Involving Spouse in Financial Decisions and Financial Advisor Fees
The speaker acknowledges the importance of involving his wife in financial decisions to make informed choices together, demonstrating respect for her intelligence and insight. This collaborative approach is driven by a desire to secure their financial future and make better decisions collectively. Additionally, the speaker highlights the inefficiency of paying a percentage to financial advisors without knowing the amount, contrasting it with a more transparent flat membership fee model provided by Facet that prioritizes the client's best interests and allows for greater cost control and retention of earnings.
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