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

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

FromI Will Teach You To Be Rich


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

FromI Will Teach You To Be Rich

ratings:
Length:
54 minutes
Released:
Dec 21, 2021
Format:
Podcast episode

Description

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:
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Released:
Dec 21, 2021
Format:
Podcast episode

Titles in the series (100)

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.