57. “I feel ashamed about having another child because we’re still renting”

57. “I feel ashamed about having another child because we’re still renting”

Rebecca and Joe have two young kids, and a third is on the way. They are renting at the moment and love the neighborhood they live in—but they both think they need more space to match their growing family. Should they keep renting? Buy a home? Move in with his parents? Their lease is up soon and the pressure is on (or so they think). To complicate things, we find out that their fixed costs, alone, make up for 105% of their take-home pay. As a refresher, I recommend spending no more than 60% on fixed costs. But they’re spending more than they make every month. Something’s got to give. They feel frustrated. They feel overwhelmed. They feel like failures as parents because they can't provide for their kids. There are many layers to this on both the financial side and the psychological side. Let’s dig in. 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)

192. “We spend 98% of what we make—Where is it all going?”

192. “We spend 98% of what we make—Where is it all going?”

Justin (40) and Deepika (32) are stuck in a frustrating financial loop: despite their high income, they feel like they’re living paycheck to paycheck. Deepika dreams of buying a house someday, but the...

21 Tammi 20251h 37min

191. “My wife doesn't respect me because she earns 5x more”

191. “My wife doesn't respect me because she earns 5x more”

Dillon (30) and Carrie (29) are navigating a tricky dynamic in their relationship: income disparity. Carrie works in tech, earning a high salary, but her anxiety about money has her constantly second-...

14 Tammi 20251h 30min

190. “Is our relationship going to end on air?”

190. “Is our relationship going to end on air?”

Justin, 38, and Maggie, 34, join the show to unpack a growing tension in their relationship—her hesitation to combine finances. Maggie spent her twenties traveling the world and is now laser-focused o...

7 Tammi 20251h 25min

189. “People definitely called me out”: Nate & Serena return 2 years later

189. “People definitely called me out”: Nate & Serena return 2 years later

This week we are back with part two of Nate and Serena's follow-ups. Their original appearance on episodes 73 & 74 are some of our favorite episodes of the podcast, and it is very rare that I get a ch...

31 Joulu 20241h 57min

188. “She makes 2x but wants me to treat her” Nate and Serena return

188. “She makes 2x but wants me to treat her” Nate and Serena return

What happens to the couples that I’ve spoken to months, even years ago? It’s time to find out in our first follow-up episode, featuring Nate and Serena from episodes 73 & 74 of the podcast.   We're l...

24 Joulu 20241h 26min

187. “We’re worth $87M, Why are we arguing over credit card bills?”

187. “We’re worth $87M, Why are we arguing over credit card bills?”

David (36) and Victoria (35) have been married for two years, yet their finances are largely separate. David is a startup founder—cash strapped and optimizing his monthly take home pay. Victoria is a ...

17 Joulu 20241h 26min

186. “Was it a huge mistake to sell our house?”

186. “Was it a huge mistake to sell our house?”

Meet Ava, 36, and Chris, 38. When it comes to their finances, they do not see eye to eye; and they’re stuck in a cycle of overspending. Ava is a worrier who uses a labor-intensive ledger to track expe...

10 Joulu 20241h 22min

185. “My fiancé has no savings at 43. Should we get married?”

185. “My fiancé has no savings at 43. Should we get married?”

Dawn is 48, Richard is 43, and they’re living paycheck to paycheck. Although they're engaged, they’re struggling to combine their finances because of their varied pasts. Dawn is overspending on kids a...

3 Joulu 20241h 31min

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