
142. “We have a $2.3M net worth—but we cut coupons”
Money For Couples with Ramit Sethi
00:00
Wealth is Built, Not Just Inherited
The discussion reveals a comprehensive view of financial assets, highlighting the importance of recognizing combined household income and additional financial support such as generous gifts. The total combined monthly income is notably high at $22,525, amounting to $270,000 annually, which sets a solid foundation for a secure financial future. The ownership of land earmarked for development adds potential value, underscoring that proactive investments, like plans for building on 40 acres, contribute significantly to wealth accumulation over time.
Transcript
Play full episode