Ramit Sethi of I Will Teach You To Be Rich talks to Sarah and Kevin who are 38 and 42. They sold their home to pay off $130k in debt, only to dig themselves another $55k hole, six months later. Sarah is worried that if she doesn’t stop her credit card spending, Kevin will ask for a divorce. We need two episodes to untangle their complicated situation.
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Can’t-miss moments:
00:00:00 — 1: Opening
00:04:15 — 2: The last time they fought about money
00:05:56 — 3: Is their credit card spending out of control?
00:11:20 — 4: Why can’t they agree on a plan?
00:15:45 — 5: The surprising way Sarah’s parents handled money
00:23:40 — 6: The weird way they split costs
00:27:48 — 7: Ramit is stunned: How they went from $0 to $50k in debt in 6 months
00:32:00 — 8: The moment they realize they spent $72,000 in 6 months
00:34:55 — 9: Sarah tells herself “it’s all my fault.”
00:40:02 — 10: The Numbers: What’s in their Conscious Spending Plan
00:47:00 — 11: Ramit asks “WTF is going on here?”
00:49:00 — 12: Ramit’s mind is blown: a $55k secret expense is revealed
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If you and your partner have a money issue and you want my help, I occasionally select a couple to work with, free of charge. Apply for my help here: https://forms.gle/pjYMaLeThJM3z9uN6
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