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.

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120. “We have 3 kids, $1k saved, $0 invested. Is it too late for us?”

120. “We have 3 kids, $1k saved, $0 invested. Is it too late for us?”

Ana is 31 and Gabriel is 29. They have three young kids and will be celebrating their tenth wedding anniversary soon. This episode deals with addiction and recovery work, therapy, deep family influenc...

5 Sep 202356min

119. “He’s not ready for marriage. So why did we buy a house together?”

119. “He’s not ready for marriage. So why did we buy a house together?”

Candace and Brad are 31 and 33. They’ve been together for five years—buying a home together after just one year of dating. Candace is ready for a wedding, kids, and family life; she’s getting impatien...

29 Aug 20231h 14min

118. “Before kids, I made $20k/month. Now he wants me to be a housewife” (Part 2)

118. “Before kids, I made $20k/month. Now he wants me to be a housewife” (Part 2)

In part two of my conversation with Kara and Drake, we continue to peel back the layers of gender roles and lost identity which came to the surface last week. A reversal in earnings power, on top of i...

22 Aug 20231h 11min

117. “He earned $17k last month—but it's not enough” (Part 1)

117. “He earned $17k last month—but it's not enough” (Part 1)

Kara and Drake are 38 and 37 with two infant children. Kara used to earn as much as $20k in a month, but has pulled back on work since becoming a mother—leading to painful identity issues. Drake has p...

15 Aug 202356min

116. “She manages the money. I ignore it. What’s the problem?”

116. “She manages the money. I ignore it. What’s the problem?”

Carrie and Taylor are both 33, unmarried with no kids, earning good incomes in the Nashville area. Their CSP checks out—Carrie does a great job managing their money—but she’s no longer willing to do i...

8 Aug 20231h 14min

115. “We’ve fought about money for 29 years. Is it time for divorce?”

115. “We’ve fought about money for 29 years. Is it time for divorce?”

Kevin and Ebony are both 52. They have two kids, both young adults, and have turned their attention to retirement planning. But standing in the way are $135,000 of debt, a recurring issue, and 29 year...

1 Aug 20231h 16min

114. “Why did we spend $40K on trips we can't afford?”

114. “Why did we spend $40K on trips we can't afford?”

Emily and John are in their mid 30s, living in Boston with their 2 year old son. Both coming from blue collar backgrounds, they’ve successfully broken many negative generational patterns thanks to a $...

25 Juli 20231h 11min

113. “I feel like the parent in our marriage. And I hate it”

113. “I feel like the parent in our marriage. And I hate it”

Nicole and Matt, 41 and 37, have weathered deaths in the family, a battle with alcoholism, and career difficulties to finally be on the right track and earning more income as a couple. But, the past h...

18 Juli 20231h 2min

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