56 min listen
4. “My wife didn’t know I had $450,000 of debt until yesterday”
4. “My wife didn’t know I had $450,000 of debt until yesterday”
ratings:
Length:
50 minutes
Released:
Aug 10, 2021
Format:
Podcast episode
Description
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.)
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.)
Released:
Aug 10, 2021
Format:
Podcast episode
Titles in the series (100)
2. “We’re worth $1 million, but we're so cheap, our friends don't want to see us anymore” by I Will Teach You To Be Rich