Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

46. “The ghost of FIRE still haunts our money mindset—we can’t enjoy money”

46. “The ghost of FIRE still haunts our money mindset—we can’t enjoy money”

FromI Will Teach You To Be Rich


46. “The ghost of FIRE still haunts our money mindset—we can’t enjoy money”

FromI Will Teach You To Be Rich

ratings:
Length:
54 minutes
Released:
Jun 7, 2022
Format:
Podcast episode

Description

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:
How to Live Without a Budget
You can’t live a Rich Life through restrictive budgeting. Sign up for my free, live workshop to learn what to do instead.
https://iwt.captivate.fm/rls-1 (Join Wednesday's Live Event at iwt.com/budget.)
Released:
Jun 7, 2022
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.