53. “We want to break the cycle of generational poverty, but we don’t know how” (Part 1)

53. “We want to break the cycle of generational poverty, but we don’t know how” (Part 1)

Annie and Austin were both raised without knowing where their next meal would come from. They came to me looking for a way to break the relentless chain of generational poverty that they’ve experienced… and that they fear they’re passing on to their two young children. The good news is that it’s not too late for them, or anyone, to start making the right decisions and move toward a Rich Life they can be proud to pass on. They bring in about $130k a year in a low-cost region, and since they’re only in their twenties, they can expect to make more money as they get further into their careers. Annie and Austin have never been taught about money. So listen in as I meet them where they are: zero savings, $68,000 in debt, and no tools for managing their finances. Stick around next week for part two of this conversation, where we dig into the numbers and present long-term solutions. Connect with Ramit Website Instagram Twitter Facebook YouTube Linkedin 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. Produced by Crate Media.

Jaksot(257)

136. “We have $500k in debt. Can I retire early?” (Part 1)

136. “We have $500k in debt. Can I retire early?” (Part 1)

David's 33 and Halima's 37. They’re been married for one year, a second union for both. The deep emotional (and financial) scars from those past relationships tint how they see the world today, limiti...

26 Joulu 20231h 6min

135. "It could cost us $50k to have a baby. Can we afford it?"

135. "It could cost us $50k to have a baby. Can we afford it?"

Kait is 36 and Em is 35. They’re married and pursuing IVF as a means to expand their family. But a misalignment on money stands in the way of a truly shared vision for their future. Em shuts down and ...

19 Joulu 20231h 15min

134. “I make $24K a year but my truck costs $1,600+ a month” (Part 2)

134. “I make $24K a year but my truck costs $1,600+ a month” (Part 2)

Part 2 with Becki and Dustin drops us right back into a contentious conversation about Dustin’s 6-wheeled truck, but his and Becki’s misalignment runs a lot deeper than that. Once their numbers are re...

12 Joulu 202359min

133. "She has $7k in cc debt—just 3 months after I paid it off for her" (Part 1)

133. "She has $7k in cc debt—just 3 months after I paid it off for her" (Part 1)

Becki is 42, Dustin is 36. Becki moved to North Caroline from California two years ago, into Dustin’s house but is feeling disconnected from her family, like the space is still his, not shared. Her tr...

5 Joulu 202356min

132. “We’re $520k in debt—and he hid it from me”

132. “We’re $520k in debt—and he hid it from me”

Cassandra, 40, and Aldo, 41, discovered Ramit on Netflix—which quickly led to Cassandra discovering the gruesome details of their debt. His goal was to shield her from stress. What he’s done instead i...

28 Marras 20231h 13min

131. “We’re worth $5.5M but I feel like it doesn’t belong to me”

131. “We’re worth $5.5M but I feel like it doesn’t belong to me”

Matt is 40 and Ruane is 38. They have two kids and live in Toronto. They’ve done incredibly well for themselves, with an eye-popping net worth of $5,500,000—but lingering anxiety about money and the o...

21 Marras 20231h 12min

130. “I don’t trust him with spending. Do we have a future?”

130. “I don’t trust him with spending. Do we have a future?”

Alisa is 38 and Jesse is 42; they live in Portland with no kids and have been married for 10 years. Alisa has a growing sense of urgency related to their future–their lack of savings, modest investmen...

14 Marras 20231h 17min

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

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

Following up with Trin and Lucas, both 35, we chip away at an unmanageable fixed-costs percentage and broach Lucas’s unwillingness to seek salaried employment while navigating severe trust issues and ...

7 Marras 20231h 7min

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