Episode #596
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Ramit Sethi, the money and couples’ finances expert, is back! This time, he’s teaching you how to have life-changing money conversations with your partner so you can build a “rich life” together and even FIRE faster! You may know Ramit from his popular book, "I Will Teach You to Be Rich," or his Netflix series "How to Get Rich," but today, he’s sharing brand new insights, techniques, and lessons from his newest book, "Money for Couples"!
If you’re a FIRE freak like us, you may have a partner who’s having a tough time getting on the same financial page as you. You see their eyes glaze over as you pull up spreadsheets, talking about compound interest and the savings from switching to non-organic broccoli. We’re sure it’s well-intentioned, but this could be doing more harm than help.
If you want to enjoy getting “rich” with your partner, have more time to do the things you love, and build your wealth as a partnership instead of constantly persuading your other half, this is the episode to catch! Ramit shares his “script” for having crucial money conversations, diagnoses which “money type” you fall into, and gives the steps to escape the “Middle-Class Trap”!
00:00 Intro
01:01 Ramit is Back!
03:49 The Money Conversation "Script"
9:50 What Couples Should Do
12:28 Your Money "Type"
19:06 Hard Money Talks
24:32 Do You Do This?
30:17 Escaping the "Middle Class Trap"
42:43 Most People DON'T Know This!
46:29 Renting vs. Buying a House
59:52 STOP Caring What Others Think
1:03:07 Grab Ramit's Book!