150. “We’re broke, but I spend $350/mo on clothes” (Part 2)

150. “We’re broke, but I spend $350/mo on clothes” (Part 2)

In part two with Elizabeth and Jonathan, 36 and 38, we continue unpacking their complicated personal backgrounds with money as they relate to current spending, investing, and saving habits. They’re stuck in a loop of debt and financial stress, but are they ready to make positive changes? This episode is brought to you by: Sidebar | Join thousands of leaders from companies like Microsoft, Amazon, and Meta who have taken the first step towards accelerating their career https://sidebar.com Trade | Right now, Trade is offering our audience a free bag of coffee with any subscription at https://drinktrade.com/ramit. Netsuite | Get visibility to everything in your business one one place. Sign up and defer payments, with no interest, for six months at https://iwt.com/netsuite. Masterclass | For unlimited access to every class and 15% off an annual membership, go to https://masterclass.com/ramit. Fabric by Gerber Life | Protect your family today with Fabric by Gerber Life. Apply today in just 10 minutes at https://meetfabric.com/ramit. Links mentioned in this episode • “We have no savings but bought our kid a $500 toy for Christmas” (Part 1) Connect with Ramit • Get the Podcast Newsletter and exclusive Q&A about the show • Get Money Coaching with Ramit • Download the Conscious Spending Plan • Listen to my book—now on Audible • Get my New York Times best-selling book • Get my no-numbers journal • Other episodes • Instagram • Twitter • YouTube • Submit a question for the newsletter iwt.com/askramit 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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25. “I want to pay for convenience, but my husband thinks it’s lazy”

25. “I want to pay for convenience, but my husband thinks it’s lazy”

Meet Gemma and Jack. Jack believes that people who delegate certain tasks, like cleaning and laundry, are lazy. It’s one of his many strong opinions that’s causing a wedge in their relationship.  Rece...

11 Jan 202245min

24. “I’ve saved $0 for my upcoming unpaid maternity leave”

24. “I’ve saved $0 for my upcoming unpaid maternity leave”

On paper, saving for maternity leave shouldn’t be an issue for Hannia and Alex. She earns $100,000 a year, but she likes to spend her money as soon as payday arrives. She plays many subconscious trick...

4 Jan 202249min

23. “I live in constant fear that our $425k income isn’t enough”

23. “I live in constant fear that our $425k income isn’t enough”

Lauren and Alex bring in $425,000 a year, and they’ve just invested in a $1.3 million dollar home. Alex feels like they’re flying high, but Lauren’s lost her sense of security. She wants to save for a...

21 Dec 202153min

22. “I’m quitting my job, but I’m worried my husband doesn't support me”

22. “I’m quitting my job, but I’m worried my husband doesn't support me”

Alexandra and Brandon have a household income of $135,000. Alex just handed in her one week’s notice, but she still has financial needs, and she’s scared to broach the subject of spending money on her...

14 Dec 202146min

21. Part 2: “I want to trust my wife with our money, but what if she blows everything?”

21. Part 2: “I want to trust my wife with our money, but what if she blows everything?”

This is part two with Charles and Michelle. He has a net worth of well over $10 million but still uses someone else’s Netflix password. After 21 years, Michelle has reached her limit with his relentle...

7 Dec 202154min

20. “My wife is going to divorce me unless I can stop being so cheap”

20. “My wife is going to divorce me unless I can stop being so cheap”

Charles and his wife, Michelle, are worth $10 million, and he earns over $2 million a year--but he’s cheap. So cheap, he still insists on sharing someone else’s Netflix password.  Michelle has been pu...

30 Nov 202147min

19. “My husband has been promising that we’ll buy a house in a few months… for five years”

19. “My husband has been promising that we’ll buy a house in a few months… for five years”

Brian is a struggling tech entrepreneur and relies on his wife, Serena, a physician with a stable income of $235,000, to support his family. Serena wants Brian to get a job and admit that his start-up...

23 Nov 202148min

18. "He's the man & he should pay. We can't go on like this any more"

18. "He's the man & he should pay. We can't go on like this any more"

Monique expects Pablo to pay for her “as the man” in the relationship. Pablo wants “fairness” in a partner. Last week, I dug into their money psychology. Right at the end of last week’s conversation -...

16 Nov 202150min

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