I Will Teach You To Be Rich

By Ramit Sethi

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Category: Relationships

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Subscribers: 338
Reviews: 4

Dan
 Jun 29, 2022

Safi
 Mar 27, 2022
Excellent supplement to Ramit's book. Ramit speaks to people about their money problems. There is different advice suited to different stages in life when it comes to money. You will find advice to your particular situation. Thanks Ramit!

Amanda
 Sep 20, 2021
Great podcast

MJG
 Aug 5, 2021
I Will Teach You to Waste Money. Honestly that's what this podcast needs to be called. I don't agree with much of what Ramit does for the personal finance community because he wants people to just waste money & spend spend spend.

Description

Imagine listening in on these raw, unfiltered conversations with real couples… One partner is in $300,000 in debt, but shrugs it off. The other cries at night, anxious about the future. A couple that’s so worried about money, they never feel they’ll have enough. When they eat out, they order chicken instead of steak to save $10. Their household income: $600,000. Two parents who feel overwhelmed by work, kids, and debt. When I ask them how they’d describe their lives, they instantly say the same word: “Stuck.” Ramit Sethi asks the questions we wish we all could ask, presenting a totally different philosophy on money: • Spend extravagantly on the things you love, as long as you cut costs mercilessly on the things you don’t. • Ask $30,000 questions, not $3 questions. • A Rich Life is more than math -- it’s mastering your money psychology. From the author of the bestselling book, ‘I Will Teach You To Be Rich,’ learn how money psychology affects these couples… and how to create your own Rich Life.

Episode Date
50. “Maybe buying this condo was a mistake” (Part 2)
45:22
In part 2 of Elena and Eric’s story, we learn about the deep emotional ties that Elena associates with the condo that’s draining their savings account—and why she’s so anxious about outside opinions in the event they decide to sell it.  To recap, they’re 25 and make $160k/year combined. They love to go to music festivals and bought a condo (with a down payment gift from their parents) about seven months ago. “Society” tells them that’s great, so they think they’re doing great. They’re not. Between transaction fees, mortgage, and maintenance, the purchase has bombarded them with phantom costs that require them to spend $2,000 a month from their savings to stay above water. At this rate, they’ll be broke in two years. No amount of cutting back on sushi or music festivals will solve this problem. This one’s all about money psychology. Eric and Elena have some tall emotional hurdles to get over before they can make the right decision and stand confidently in their truth to outsiders. Listen in to see if they can commit to selling their home and living their Rich Life.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
Jul 05, 2022
49. “Our housing expense unexpectedly went up $2K when we bought our first home” (Part 1)
01:06:34
Elena and Eric are both 25. They live in Toronto, and they make $160k as a household. They love going to EDM festivals and spend thousands of dollars every year traveling to them—it’s their Rich Life! The problem is that they also own a condo that’s draining their savings at a rate of $2k every month. They’ll be broke in two years. Before this call, Elena and Eric made a pact that they would NOT consider selling their condo, no matter what I said. But we learn that they’re committed to keeping the condo for all the wrong reasons. What will it take for both of them to see the truth in their error? To admit a mistake and commit to moving on as a team? First, we need to see if either of them are even willing to budge on the subject. Listen in to find out. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
Jun 28, 2022
48. “My husband needs a better job, but he hates the idea of earning more”
01:11:25
Kara and Sean make $150k annually, with $100k of that coming from Kara’s salary in healthcare. They have a baby daughter, and Kara would like to take a step back in her career in order to spend more time with her. The problem is, Sean’s happily (and hopelessly) stuck in a dead-end job. What do you do when one partner is passive when it comes to money? It’s so easy to make things personal, to escalate and unravel, but I steer this conversation to the numbers—where it’s illustrated, plain as day, what Sean needs to do.  But will he see it? And if he does, will he actually make any changes? Let’s see if I can get Sean to start dreaming bigger. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.) Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Jun 21, 2022
47. “We make $500k. Why are we carrying a balance on our credit cards?”
01:12:08
Ashley and Charles are in their early forties and have been married for six years. Together, they have five children from previous relationships. They live in a high-cost-of-living area—but, collectively, they earn over half a million dollars per year. Because of Charles's investments and stock options, their income feels erratic, and Ashley is having a hard time making sense of it all. Ashley needs a better understanding of the family's finances to feel more at ease with their future, but a serious lack of transparency stands in the way. Have you ever felt like your partner was hiding something from you? Something big? And how long can two people stick it out when something as basic as trust is an ongoing issue?  This is a huge job. Ashley and Charles have a lot to work on, but nothing is impossible. I'm going to help them simplify their money, so they can stop worrying about their spending and start envisioning a Rich Life. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Mentioned in this episode: Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.) Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Jun 14, 2022
46. “The ghost of FIRE still haunts our money mindset—we can’t enjoy money”
51:48
Carolyn and Gavin have been married for ten years. They have three small children and bring in about $130k annually—with a healthy $500k in investments. So what’s the problem? Once we look closer, specifically at their obsession with money mechanics, we see a deeper issue. They learned these bad habits as members of the FIRE community, a lifestyle they’ve left behind but that continues to haunt their money mindsets to this day. To make matters worse, Carolyn has disassociated from the family’s money conversation completely. How do you work as a team when one member refuses to participate? And how can you reset your instincts related to saving and spending after so many years repeating bad habits? Listen in to find out. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
Jun 07, 2022
45. “She tells me that it’s my fault we can’t live the life we want to live”
01:09:04
Sarah earns more than Andrew. They’re unmarried but imagine a future together, or would like to. The problem is that Andrew’s existing money scripts (and $65k in debt) have him frozen—unable to spend but also unwilling to seriously plan a way out. She wants to spend money on things like vacations, but he doesn’t feel like he can afford to spend. To make things worse, he feels terrible about money in general because that’s how his dad raised him—his presence looms over the conversation. We need to cut out the negative judgments and help Sarah see things from Andrew’s perspective. Then we can talk to Andrew about the mindset to overcome his past—and current—money issues. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
May 31, 2022
44. “Trust in the universe and it (or my partner) will provide”
01:00:38
Today’s couple is actually on the same page when it comes to their Rich Life, but they’re not making much progress toward it. Alex brings in $70k from a full time job. Charlotte runs their joint business that isn’t making much money yet, but should be soon. They both know what they want, they just have different perspectives on how to get there. Despite their income recently doubling, they are living paycheck to paycheck—while outright ignoring over $200k in student loan debt. Charlotte believes the universe will take care of them … but when it doesn’t, Alex feels like he has to step in and fix everything. Charlotte is highly intuitive, but intuition alone won’t get you to a Rich Life—you also need to be able to analyze your situation. Hearing Charlotte and Alex work toward common ground may help you realize where you’re playing small in life by relying too much on one skill set while ignoring the other. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
May 24, 2022
43. “Our $300k income is variable and declining but we aren’t adjusting our lifestyle”
01:08:27
How do you manage your finances when your monthly pay is inconsistent? Vince makes around $300k a year in the mortgage industry, while Kasey focuses on raising their kids at home. Despite that rather high average income, the actual monthly takeaway is incredibly variable—one month could be $25k, the next month just $2k. That uncertainty is causing Kasey a lot of stress. On top of that, Vince’s income has been steadily decreasing. Vince chooses to remain positive; Kasey is afraid of the worst happening. But neither of them is willing to look at what they will do if that worst-case scenario does happen. When times are good, they spend guilt-free. But when times aren’t as good, they begin to worry that they’ll never come back out of that hole. There are reasonable concerns when it comes to not knowing how much money you will have coming in month to month. There are also ways to work around this. Let’s find out exactly how worried Kasey and Vince should be, and what they can do to set themselves up to feel more secure. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.) Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
May 17, 2022
42. “We’re worth $5.7 million but we’re arguing over the price of chocolates for Valentine’s day”
01:12:55
Making a lot of money is surprisingly easy. But if you’ve lived with too little of it most of your life, getting over the fear of spending it can be another story completely. Nicole and Michael have a combined net worth of over $5.7 million—yet they find themselves arguing over the price of a minor car repair. Nicole has crippling anxiety when it comes to spending any amount of money, no matter how insignificant it may be in the long term. While her fears may have once been justified, they haven’t caught up with reality.  Now, with a house stacked with boxes of free items and bulk discount junk, and with Michael meticulously strategizing how to break the news of any minor expense to his wife, they both need to wipe the slate clean and reset their thoughts about money… before the financial wedge in their relationship drives them to divorce. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
May 10, 2022
41. “My wife won’t admit her business is failing and we constantly argue about it”
01:29:59
It’s common knowledge that building a business takes time—but how long should you be willing to wait? Rob works a full-time job. Olivia is split between part-time work and her own business. Rob doesn’t think her business is making enough money and has been urging Olivia to call it a loss and get a “real job.” He thinks her entrepreneurial dreams are holding them back from making their current reality more comfortable. What they’re doing isn’t working. Whether Olivia doubles down on the business or takes on a regular job, one thing is certain: in order to live their Rich Life, something has to change. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.) Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
May 03, 2022
40. “We’re worth $5 million but my wife nearly canceled our trip to save $200”
01:33:06
By now, you know: living a Rich Life is more about mindset than money.  Look at today’s couple, Jack and Rachel. Following the principles described in I Will Teach You to Be Rich, they’ve managed to turn a $150k income into over $5 million in savings! Despite that, Rachel finds it difficult to actually spend the money—she doesn’t truly believe it’s there. She thinks that, with one wrong move, it could all be gone. This is the complicated nature of money psychology at work. They’ve built up the skill of saving but completely neglected the skill of spending. I’m going to see if I can help them connect the money they make to the Rich Life they want—and are able—to live, by getting Rachel to unpack the invisible scripts holding her back. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
Apr 26, 2022
39. “She waited until we were engaged to reveal $100k of student loan debt”
01:09:52
Alex and Nicole are getting married this summer and plan to start a family in a few years. That much, they know. How they’ll get there is another question. Nicole doesn’t want to deal with finances—she prefers to ignore it. Alex, on the other hand, is in the position of having to handle finances on her own for the both of them. Naturally, that leads to stress and resentment. Delegating financial responsibility in a relationship rarely works. Money affects both partners so much that it inevitably creates an unhealthy power dynamic. Let’s see if we can get Nicole and Alex to approach money like a true partnership so they can both step up to the responsibilities—and joy—of living a Rich Life. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
Apr 19, 2022
38. “He owes his ex $70k/year and it’s straining our finances and our relationship”
01:09:34
Rebecca and John are both attorneys and make good money. While John makes more, he’s legally obligated to pay around $70k annually in alimony and insurance tied to a past divorce settlement.  On top of that, his income can vary widely, making the future difficult to plan for—and he has debt. He’s 61 but sees no way he can retire any time soon.  They’re dealing with not only the very real financial problems they face but also the resentment caused by them. That resentment colors every interaction they have with money. When I start digging into where the rest of their income goes, they start to get a little dodgy. We’re going to shine a light on some of their spending habits and find a path that lets them live a Rich Life without the stress. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
Apr 12, 2022
37. “My love language is spending money I don’t have”
01:03:45
Money can be a way of showing love, but what happens when you’re spending money you don’t have? Does spending any less mean you love the people in your life any less?  It seems simple, sometimes it’s not. Meet Jessica and Javier. She’s tried to help him with his financial literacy, but Javier only knows how to show love through spending. Unfortunately, his love is bigger than his paycheck. Not only that, he’s admittedly ignorant of how credit works. He relies on magical money thinking and is unrealistic about what it’s going to take to pay it off. We’re going to get to the root of Javier’s relationship with money and show him what’s ultimately at stake here—everything. It’s one thing to realize you’re making bad financial decisions, it’s another to turn the page on everything you know to be true about yourself. Let’s get into it. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
Apr 05, 2022
36. “We make $145k per year but have $828k in debt — and feel totally paralyzed”
01:03:29
Sarah and Nat are physical therapists that are making things too hard for themselves. The enormous cost of education coupled with relatively low pay has left them burdened with debt that colors every decision they make—including whether or not to have more children. They’ve spent ten years worrying about it but are still without a decent plan. I want to help them discover what it would look like to live a Rich Life, with or without debt, and I lead this episode in that direction. But when I walk them right up to their solution, it leads to another, more important, question… Do they even want to change? Tune in to find out. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
Mar 29, 2022
35. “If we can’t stop fighting about money, we’re going to break up”
56:55
Ashley and Josh have come to a stark conclusion: That if they can’t manage to find some common ground in their financial struggles, their relationship has no future. They both earn roughly the same amount of money. Besides this huge roadblock, they see a path to marriage and children. But they can’t come to an agreement about who pays for date night. Even worse, individually, neither of them has a solid plan for tackling their own debt. Josh drives a, you guessed it, truck he can’t afford. Ashley leases a Mercedes. Both acknowledge the massive strain that having debt places on them and their relationship, and yet they do nothing about it.  Are they willing to make the lifestyle changes necessary to turn their financial future around? Let’s find out. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.) Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.)
Mar 22, 2022
34. “It’s unromantic if my boyfriend doesn’t pay for date night”
54:00
Ashley and Josh both have high incomes but they find themselves arguing about who pays for what. Like a few past guests, Ashley thinks certain things are the man’s responsibility to pay for, but Josh wants a partnership. He feels like her spending is more out of obligation than true togetherness. These unspoken expectations are toxic. They’re eating away at what they both like about being together, and they need to be addressed right away. We all have internal beliefs and expectations around money, and they have deep roots. Let’s do some digging with Ashley and Josh to see what we can uncover.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Stop fighting with your partner about money We have certain beliefs about money, but what if our partner disagrees? How do we even know if either of us is right? That’s why I’ve put together scripts you can use to start the conversation even when difficult topics come up. http://iwt.com/scripts (Get these scripts -- free -- at iwt.com/scripts.) Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Mar 15, 2022
33. “We’re in debt, but I don’t want to make her go back to the corporate world”
38:45
Martin and Arly feel suffocated by mounting interest on their debt and are jaded by the corporate world. Martin earns $125,000, but Arly is selling essential oils in a network marketing business (read: SCAM!). With $300 coming in every month, this venture is going nowhere very quickly.  The solution seems painstakingly obvious, but their internal narrative is shortcutting their logic. I’m going to need to spell it out to them.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Mar 08, 2022
32. “We just got married, but I’m scared to combine our income and debts”
52:41
Today is part two with John + Lindsey, and progress on finding a solution that sticks for the couple is slow. Listen to how John gets riled up with rage and resentment when I ask him simple questions. I don’t think he gets it. We need a dramatic solution to pull him through this mess.   Will getting into the weeds help them interact on the same page again? Or will his past cloud John and Lindsey’s future forever? Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Mar 01, 2022
31. “Shopping at Target is like visiting a casino to me”
01:03:31
Lindsey and John are stuck. Despite earning a joint income of $150,000, John’s debt is crippling their relationship and financial future. They respond by self-soothing. John runs on auto-pilot avoidance strategies and refuses to get honest about his situation. Lindsey distracts herself with mindless spending sprees at Target.  But neither are working together on a sustainable solution. It’s time to get honest.  Lindsey and John are unsophisticated with their income and spending. If they want to become confident with money, they must become competent first. That means no more excuses for inaction.  Let’s see what that looks like for Lindsey and John.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Feb 22, 2022
30. “I want to change—but can I keep the truck?”
43:05
It’s time to create a plan of action for Brad and Becca’s unsophisticated spending habits that we learned about in part one. I want to get them away from the gimmicks of monthly payments and immediate gratification, and instead push them to carve out a Rich Life vision that goes beyond getting to zero debt. There will be resistance. The question is, will Brad be willing to lean into it, even if it’s uncomfortable to hear? Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Feb 15, 2022
29. “I never know when spending money on something will be an issue with him”
39:58
Brad and Becca are in debt. Lots of it. Together they make $105,000 a year, but Brad makes impulsive flash purchases on credit cards. There is no saving, no long-term plan–only short bursts of gratification.  This is not how you build a Rich Life. I want to get them out of this unsophisticated loop with money, but is Brad finally willing to listen?  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Feb 08, 2022
28. “What if we divorce and I end up homeless like my mom?”
58:07
Most people think if they earned 25-50% more, all their money problems would disappear.  Katie and Shawn are a living example that that’s not true.  They earn almost half a million dollars per year, so there is no reason they should be arguing over a $600 Roomba. Their world is not in sync with their income.  So why does Katie obsessively penny-pinch and prepare for the worst? Let’s just say it has nothing to do with wanting to retire early. Listen as I unearth her deep-rooted fears.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Feb 01, 2022
27. “I don’t care about what he wants, I just want to win the argument”
01:00:08
It all started with a splurge at Target. Tami spent $250 and tried to hide it from her husband, Mike. He likes to make digs and police her spending habits. She likes to make jokes about his bad purchases. They’re sparring over gas station snacks and unused kayaks, and each “win” gives them the satisfaction of saying, “I told you so.” These seemingly minor annoyances are covering much deeper resentment issues. As you’re listening, think about the habits you and your partner have. Ask yourself: are they serving you?  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Jan 25, 2022
26. “How do we create our Rich Life when we don’t trust and respect each other?”
48:19
My conversation with Mira and Dan was supposed to be about tax returns. He hasn't filed his yet, and it's making Mira feel insecure, anxious, and unsafe. Dan wants her to relax and trust him for once!  I knew something else was amiss here, but I was shocked to see how fast the conversation took a turn.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Jan 18, 2022
25. “I want to pay for convenience, but my husband thinks it’s lazy”
41:45
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.  Recently, he refused to hire movers because it was a “waste of money.” As frustrating as they are, listen to the layers behind his financial opinions. They have a household income of $200k, but it’s not an even split. Throw in their individual cultural and gender codes, and it starts to make sense why they’re butting heads about penny decisions over who should pay the gas or do the laundry. They’re completely misaligned when it comes to the big vision.  We need to get them to connect over money. Let’s start there and build our way up.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Jan 11, 2022
24. “I’ve saved $0 for my upcoming unpaid maternity leave”
46:16
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 tricks (I call it the “Innocent Doe” technique) to justify a $300 drop at Target and her Old Navy credit card debt.  Let’s disregard the distractions. What’s the real reason why Hannia cannot save money? And how is her humble childhood in Costa Rica playing out in her everyday money decisions? Sometimes, advanced financial concepts have to take a backseat to get honest with the numbers—and ourselves. It’s time to get real.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Jan 04, 2022
23. “I live in constant fear that our $425k income isn’t enough”
49:56
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 beach house in Carmel, not invest in double-glazing windows. Their savings plan has gone awry, and all she can hear is her father’s phrase “It’s not how much you make, it’s how much you save” every time they have to make a big purchase.  What is stopping Lauren from being more secure? Listen for the cues. Do you think buying a shack on a beach will really wash away her deep-rooted financial fears? Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Dec 21, 2021
22. “I’m quitting my job, but I’m worried my husband doesn't support me”
43:35
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 herself with her husband. As we talk, it becomes apparent that self-agency has been absent from other aspects of their lives. From their relationship to career choices, both have been playing by everyone else’s rulebook but their own.  These conversations have been on the back burner for long enough—it’s time to get candid.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Dec 14, 2021
21. Part 2: “I want to trust my wife with our money, but what if she blows everything?”
50:41
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 relentless cheapness. Charles is trying to rewrite his internal money story, but after years of playing the “I’m not the kind of guy who blows money on X, Y, Z,” card, he still worries about extreme what-if scenarios, driving Michelle to consider divorce. As you listen, think about the areas you’re afraid to spend money on. Ask yourself what your worry-free number is. Now, let’s try to get Charles and Michelle to meet halfway.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Dec 07, 2021
20. “My wife is going to divorce me unless I can stop being so cheap”
44:17
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 pushed to the limit. Divorce is on the cards unless things change. She wants to start with landscaping the backyard, but I want to investigate the roots of this invisible script that’s costing him his marriage.  There’s 21 years’ worth of scar tissue to heal here. Let’s dig in.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Nov 30, 2021
19. “My husband has been promising that we’ll buy a house in a few months… for five years”
44:38
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 isn’t working. She's extremely focused — perhaps too focused — on buying a house. Brian doesn't like saying “No” to Serena, so he evades questions and promises that everything will change "4-6 months from now," but after seven years, Serena's patience is running thin.  Can you spot the red flags?  Listen to the resentment and distrust in her voice. Brian's promises to get a job and turn things around are falling flat. What's worse is that he can't even see it.  I'm not going to sugarcoat it; it's heartbreaking to watch a seemingly successful couple totally disconnected from each other.  I'm determined to get them on the same page. Tune in to see how their story unfolds.  We started the conversation focusing on Serena’s dream to buy a house sooner rather than later, but it becomes apparent that the house is a distraction from the deeper desire to have a partner on the same page as her.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Nov 23, 2021
18. "He's the man & he should pay. We can't go on like this any more"
47:28
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 -- when both were feeling good -- they started discussing an upcoming trip to Mexico City. Suddenly, everything fell apart. All their positive feelings and new skills got thrown to the side, and they went right back to their old habits. That’s why I had to add a part two to our conversation. That’s today’s episode. When they’re discussing the trip, Monique already has her argument ready before Pablo finishes a sentence. Pablo’s fists are clenched. He wants to be the laid-back, confident guy Monique fell in love with, but his views on money have changed. You’ll hear him describe “Antonio,” his scarcity-minded alter ego. This conversation surprised me in so many ways. Listen in. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Nov 16, 2021
17. “I think he should pay for everything because he’s the man”
49:37
Monique is very open with what she wants in a relationship. “I always expected that fairytale love, the guy pays for everything, the guy opens the door, the guy waits to kiss me at the end of the night...” But her boyfriend, Pablo, disagrees. He feels taken advantage of. He shares the story of Monique ordering a $10 soup in a restaurant when he wasn’t even eating, then both of them staring at the bill to see who would pay for it. Their beliefs come from their upbringing and very specific personal experiences. For Monique, she believes Pablo should pay because of how she was raised. At one point, she says it’s his job to pursue her. Pablo wants to split things “fairly” down the middle, saying he wants a “partner.” Their opposing money lenses lead to awkward exchanges at restaurants when the check arrives. For Monique, him paying for a $10 soup is symbolic of being “taken care of.” Pablo doesn’t think it’s fair. He says he would prefer she did the “fake check dance” before he steps up to “be the gentleman.” How many invisible scripts can you spot? What does your reaction to the situation say about your relationship with money?   I walked into this episode pretty confident about what would happen. I was wrong. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Nov 09, 2021
16. “We’re worth $8 million but I comparison shop for strawberries”
49:36
When Chris shops for food online, he compares the cost of almond milk and strawberries to save a few dollars. He spends hours agonizing over the most economical flight routes. He even stopped and picked up a used stroller from someone’s driveway. Chris and his wife Amy have a net worth of $8 million. Their friends call them cheap. They prefer to identify as "money hackers” and have lots of reasons why they behave the way they do. But even with their explanations, they’re not happy with how they’re using money to live a Rich Life. Chris and Amy are optimizers. They optimize points and options, a normal part of the tech culture in which they work. There’s just one problem: It’s making them unhappy! Imagine a world where Chris and Amy didn't have to put price first. Imagine a scenario where they could start with the kind of magical experience they wanted to create -- and use money to make it happen. As you listen, it’s easy to roll your eyes at the amounts of money being discussed. Resist that temptation. Amy and Chris have given us a gift by being so open with their finances and their challenges. I love today's episode because it shows you that if you have money issues today, It's very likely you're going to have the exact same money issues later at a million dollars or 5 million or yes, $8 million. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Nov 02, 2021
15. “I have a $1 million trust fund and I’m scared to spend money on food”
46:47
Andy and Kate bring in $200,000 a year and live rent free. Andy feels bad about money every day. His partner, Kate, says she wants to work as a financial team, but she walks on eggshells. Andy wants to make her happy, but he has a poor relationship with money. And that’s not all. Andy has $1.1 million dollars in a trust fund, managed by a financial advisor, and he still has holes in his shoes. I asked them, “Do you want to turn 65, have $10 million, and still worry about getting dessert?” Andy will have to decide if he’s going to let his old money stories determine the next 50 years of his life.  Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Oct 26, 2021
14. “I hide my spending from my husband”
40:09
Meet Chuck and Mary. With a household income of $450,000 a year, they’re wealthy, but they’re not living A Rich Life. Mary spends money--in secret -- and feels judged when she makes “frivolous” designer bag purchases.  Meanwhile, Chuck feels he can’t invest in a personal trainer.  Their backstory is revealing. Mary grew up in a large family in Argentina where a bottle of Coca-Cola was an indulgence. When she made it to the States, she never wanted to feel deprived again.  Suddenly, her spending takes on a new dimension. To her, a Chanel bag is more than just a bag. They have the money, yet they lack a shared plan. To create a Rich Life, they’ll have to dig into each other’s money clues. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Oct 19, 2021
13. “I’m dumb with money and he’s making me feel worse”
47:59
A few years ago, Adam spent nine months aggressively paying off $75,000 in debt. He loved it. It gave him a purpose and he was happy to work seven days a week to pay it off quickly. His girlfriend, Elizabeth, has debt, but she isn’t excited by paying it off. Instead, she feels trapped, describing herself as “dumb” with money. (Notice the words she uses to describe herself and her debt: “disgusting,” “bad,” and “stupid.”) Adam’s aggressive approach of constantly talking about money isn’t working. Even though he wants to help, she craves emotional security and support. At one point, as Adam is about to go into yet another long monologue, I cut him off.  Sometimes, what worked for you doesn’t work for your partner. Listen in to hear how Adam and Elizabeth navigate their Rich Life. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Oct 12, 2021
12. "My husband won't talk about money with me"
48:10
Laura came to me frustrated about their bathroom. She wants to renovate it, but Greg isn’t interested. In fact, he doesn’t really want to talk about money at all. For Laura and Greg, life is “fine.” They’re running on cruise control, earning a good income, saving a little, and not investing in anything other than a house. But Laura wants more than a “fine” life. When Laura says this out loud, Greg’s response is: “Well, it depends, right?” Greg is resistant to change. He’s skeptical about investing, about renovating, about travel. When I ask him what he really wants to do, he has no idea. He won’t engage.  How would you handle money in your relationship if your partner didn’t want to talk about it? What if your partner had lost the ability to dream and simply wanted to “play small?” Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Oct 05, 2021
11. “My wife wants to quit her job but I’m worried about money”
36:12
Nicole and John have already won the money game. Combined, they bring in $650,000 a year. But it's not an even split. Nicole currently earns $150,000 and would like to leave her stable job to create a startup. John feels this gamble has not been discussed at length. They keep talking about “having the conversation,” but they never do. Both complain that they’re not feeling appreciated. John yearns for acts of service from Nicole. Nicole feels like her contribution is never enough. (You will frequently hear the lower earner talk repeatedly about “contributing” to the relationship.) Listen as this anxiety slowly bubbles to the surface.  On John's side, the growing pile of money in his bank account is making him more paranoid than ever before. He worries he could lose it all -- like what happened when he was younger. The fear runs so deep, he doesn't even believe me when I use math to demonstrate they will be more than fine for the rest of their lives. On paper, Nicole and John have a rich life, but they're not fleshing it out together because of their fears, insecurities, and lack of communication. Listen in as I nudge them towards a Rich Life. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Sep 28, 2021
10. “Money is overwhelming so we find instant gratification elsewhere”
42:37
Jacques and Jennifer are stuck in a money rut. They are trapped by their $40,000 debt. Jennifer feels overwhelmed with money talk, and Jaques doesn't want to say no to his wife. When he comes home from work, they’re both tired, so they order takeout, overspend...and repeat the cycle. This isn't a math problem. It runs way deeper into their money identity and sense of self.  Jacques grew up in a poor household and was always told no, so he'll do anything not to feel that way again. As a stay-at-home mom, Jennifer feels the money is "his," so she finds control and comfort in food. Suddenly, all of these restaurant trips and takeout receipts are starting to make more sense. The relationship between food and finance is a tricky one to navigate.  Then I ask about their Rich Life. Listen to how vague they are about their future financial goals. When you've got a large debt that seems insurmountable, it’s hard to look ahead. But I think there’s a way to get them to take ownership of their money. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (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 https://forms.gle/pjYMaLeThJM3z9uN6 (here). Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Sep 21, 2021
9. “I hid thousands of dollars of credit card debt from my husband”
40:13
Jordan wasn't raised to talk about money. She constantly saw her mom withhold money matters from her dad, and now, history is repeating itself. Jordan has hidden her debt from her husband, Dan, twice. He feels violated. This is not the kind of thing you do when you're saving for a down payment on a house and building a family. He needs the problem not to happen again. Before talking this out with me, neither realized they were on the verge of a relationship breakdown. Most people don't truly appreciate the consequences of their actions. They run away from their problems and shove important issues under the rug. Jordan thought she could fix this alone, but her mom wiped out her debt the first time around (it takes her a while to drop that bombshell), and she's still learning how to talk about finances openly after growing up with a money code of shame and secrets. Listen to their initial money visions. They're as imaginative as a cardboard box. There are lofty visions of "travel" and "a kid," but no specifics. Nothing to get excited about. No wonder why they aren't investing or saving together. Tune in to hear how I coax out the clues from them -- and offer them a vision of where to go next. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Sep 14, 2021
8. “My wife is spending too much money”
42:03
Natalia prioritizes experiences over finances. She doesn’t want to miss out on life, so if she wants to visit her family, she doesn’t wait to check their budget -- she gets on a plane. Andres, on the other hand, worries about money. He remembers growing up without money and doesn't want to go back there again. He's pushing to save, invest, and anticipate what's coming around the corner – especially now that they have a son.  They’ve both become used to only talking about money in the heat of the moment. Because of their different perspectives on money, they’ve adopted roles in their relationship: Natalia says she’s the overspender, while Andres is the worrier who tries to tamp down on spending. This is a classic push and pull role you see in so many couples. But as I dig in, you’ll discover some fascinating reasons behind the roles they’ve given themselves. Listen as I flip the switch on Andres's approach to the conversation he's having with Natalia. What if "we can't afford to go away" turned to "what trips would you like to plan for the future?" What if money planning was part of a planned conversation instead of a heated clash? What if talking about money was based on possibility instead of scarcity?  Listen in to this conversation with Natalia and Andres. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Sep 07, 2021
7. “My parents keep expecting us to pay for them”
44:09
Barry is a first-generation Pakistani immigrant. His wife, Maria, is also Pakistani and was born and raised in the United States. Cultural expectations are making it difficult to get aligned on their joint finances. Barry has grown up living under a set of unwritten cultural rules whereby the son is expected to take care of his parents financially. They’re paying for family dinners and charity donations right now, but Barry strongly suspects his parents are anticipating moving in with them after they retire.  Maria has been biting her lip so far. She wants financial freedom, but knows she cannot change Barry. He must acknowledge – and possibly reprogram – the dialog around money between him and his family.  Some of this episode will sound confusing if you’re listening to it from a Western perspective, but these cultural scripts that Barry grew up with are very real. (Imagine if I told you that it “might not make financial sense to purchase a house” – that rattles the Western cultural code many people grew up with, which is why they get so angry when I point it out!).  It’s unsettling and uncomfortable to challenge. I know because I’ve been in the same situation as Barry, juggling different expectations from Indian parents. Barry needs to move from “convincing” his parents to fully owning his financial decisions and vocalizing that with love and firm boundaries. Listen to our conversation to hear what that looks like for them and how they plan to compromise between their financial goals and family expectations. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Aug 31, 2021
6. “We can’t afford to live in NYC, but my wife doesn’t want to leave the city”
43:21
Jessica grew up wealthy in New York City. She can't imagine her life anywhere that's not within walking distance to the coffee shop, the best schools, and her parents (who live two blocks away). Her husband, Nathaniel, is building his business and it’s been difficult getting it off the ground. For a while now, Jessica's been absorbing most finances and feels that the situation would improve if Nathaniel contributed just an extra $100 to living expenses.  Jessica and Nathaniel struggle when it comes to communicating with each other. In fact, they spend 20 minutes answering my first question before I can get a word in. The truth is, They're both so fixated on telling their story, they do not realize that neither of them is listening. I hear anger, resentment, exhaustion… what do you hear? It takes a while to get to the numbers, but we start crunching after clearing some of the other issues. The results are extremely surprising. Sometimes, our attachment to the story we tell ourselves can cloud the reality in front of us. Moving is complicated, but it doesn't have to be a step back. Listen to see what to do when your financial reality doesn’t match the vision you had of your ideal life. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Aug 24, 2021
5. “I paid off $50,000 of debt, but I still feel guilty buying toothpaste”
34:22
Sheena has paid off a huge chunk of her student debt. Peter wants to plan a trip to Japan for their 10th anniversary and decorate their apartment, but Sheena’s first reaction is, “How will we afford it?” Money is one of the first things she thinks about. She thinks about it every day, even when buying toothpaste.  Sheena is clearly terrified of money. She can’t even feel proud that last year mid-pandemic, she paid off $15,000 of her credit card debt! When I ask her how she’ll feel when her debt is paid off, she says “Better...I hope?” But I know it won’t happen unless she changes her money psychology. Sheena and Peter’s story is an example of how we can punish ourselves unnecessarily when we grapple with finances with an all-or-nothing approach. Sheena has created a financial cage in her own mind -- but she also has the keys to get out. Listen in to understand how just a few shifts to her money psychology -- and a surprising financial strategy -- will let her take control of her money. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Aug 17, 2021
4. “My wife didn’t know I had $450,000 of debt until yesterday”
45:52
John has a lot of debt. Wendy knew about the $450k he owed when they started their relationship, over ten years ago, but she only found out what the current number is the day before their call with me – and the number has gone up!  She wants to help him pay it off but he refuses to allow it. John insists that everything is under control, but Wendy doesn’t believe him. He makes a plan, then sets it and forgets it. She needs to check the status and cross things off the list. Underneath all of the financial questions, there’s a deeper conflict: he wants another child. She doesn’t feel ready. Does money play a part in her reluctance? As you listen, notice that John and Wendy are calm, collected, and clearly love each other – even with $600,000 of debt! I’ve spoken to couples who were more stressed out about $20K of debt. They have the trust, but they need help to get clarity. Listen for their revelations and breakthroughs around money and building a Rich Life.  Connect with Ramit http://www.iwillteachyoutoberich.com/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Aug 10, 2021
3. “My husband is going broke, but he won’t let me help”
43:08
Calvin feels he needs to be the “man of the house” and pay for everything. There’s just one problem: He can’t afford it. Every month he’s in the red, leading him to be anxious around money. Chantha likes to spend money on nice things and feels Calvin is too cheap with his money. The two of them feel stuck because of their different views on money. And, to make things even more complicated, Calvin – by conventional definitions – is rich. He and Chanta bring in $250k a year, and based on their savings rate, they’re on track to become multimillionaires. As you listen, notice their backgrounds. What led Calvin to feel this way about money? What motivates a husband to take on such a burden and how can Chantha and Calvin find a middle ground of comfort where they can build a future together? Pay particularly close attention to our discussion around vacation at the end of the episode. Connect with Ramit http://www.iwillteachyoutoberich.com/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Aug 06, 2021
2. “We’re worth $1 million, but we're so cheap, our friends don't want to see us anymore”
52:13
Ashley and Greg have a household income of over $250,000 and a net worth of over one million dollars. They’ve developed a reputation for being cheapskates. Not only do their friends and family say that they’re cheap, but their friends have started avoiding them because of it. We’re about to discover that cheapness and net worth are not correlated whatsoever. There’s more to I Will Teach You to Be Rich than simply how to make money. You need to know how to live a Rich Life. It’s great to work hard and earn a lot of money, but the psychology of frugality – even austerity – can follow you around forever if you don’t work to break it. Ashley and Greg are about to learn that money is meant to fuel your Rich Life – not to merely be saved for some day in the future. Listen in as they describe their anxiety around spending money. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media/ (Crate Media). Mentioned in this episode: Automate Your Money If you want to learn how to build your Rich Life with a set-it-and-forget-it system, get my free quickstart guide to automating your money. I'll show you how to automate your money and spend less than 1 hour a month managing it. https://iwt.captivate.fm/aym (Go to iwt.com/automate for the guide.)
Aug 05, 2021
1. “My husband doesn’t trust me to run our business”
47:41
Alyssa and Ilan have been in a relationship since 2007 and are now married. They both lost their jobs during the pandemic, but acting on their feet, launched a highly successful baklava business which is now paying their income. In theory, Alyssa runs their business day to day, but in practice, Ilan won’t let her. He considers himself an entrepreneur and believes that “Alyssa thinks inside the box...she is not an entrepreneur.” Notice the communication between Alyssa and Ilan. How do they talk to each other? How do they talk *about* each other? As the episode goes on, I find more and more clues about what’s really driving the conflict in their relationship. Connect with Ramit https://www.iwillteachyoutoberich.com/podcast/ (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/ramitsethi (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media/ (Crate Media).
Aug 04, 2021
Trailer: Real money stories from behind closed doors
08:58
I’m Ramit Sethi, author of the New York Times bestseller ‘I Will Teach You To Be Rich.’ I’ve always been fascinated with money and psychology. Why do some of us feel so anxious about money? Why do we feel guilty about spending on the things we love?  And how do we handle our finances in a relationship? Most of us have never been taught how to have these conversations so we can get on the same page with our partner. That’s where I come in. I’m sitting down with couples, who’ll share real money problems and real numbers from behind closed doors. Some couples struggle, one is a spender and the other a saver. Other couples struggle on how to live their lives when they have hundreds of thousands of dollars of debt. One couple agonizes over the cost of groceries -- even though they have a net worth of $8 million. ‘I Will Teach You To Be Rich’ gives you access to couples sharing the most intimate aspects of their lives. These are real stories about love and money from behind closed doors. Connect with Ramit http://www.iwillteachyoutoberich.com/podcast (Website) https://www.instagram.com/ramit/ (Instagram) https://twitter.com/ramit (Twitter) https://www.facebook.com/iwt (Facebook) https://www.youtube.com/user/ramitsethi/featured (YouTube) https://www.linkedin.com/in/ramitsethi/ (Linkedin) Produced by http://crate.media/ (Crate Media).
Jul 19, 2021