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68. “I just learned he took out a secret $100,000 loan—two years ago”

68. “I just learned he took out a secret $100,000 loan—two years ago”

FromI Will Teach You To Be Rich


68. “I just learned he took out a secret $100,000 loan—two years ago”

FromI Will Teach You To Be Rich

ratings:
Length:
78 minutes
Released:
Nov 8, 2022
Format:
Podcast episode

Description

Jan and Emily are in their thirties and recently bought a house. During the sales process, Emily discovered a $100k loan that Jan had taken out without her knowledge. To make matters worse, Jan admits he didn’t really have a plan on how to use this money to benefit their lives.Emily is the higher earner and lets Jan manage their money, adding to the feeling of betrayal that she keeps buried under a calm exterior. They are both supportive and willing to do the work—but Emily’s fear is real and must be processed out in the open.What happens in a relationship when trust with money is broken in such a profound way? How can you plan ahead or feel secure with your partner's decisions? It’s a path with obstacles, no doubt. Let’s see if we can help Jan and Emily navigate it.Connect with RamitWebsiteInstagramTwitterFacebookYouTubeLinkedinIf you and your partner have a money issue and you want my help, I occasionally select a couple to work with, free of charge. Apply for my help here.Produced by Crate Media.Mentioned in this episode:Money Coaching with Ramit SethiJoin Money Coaching to get your money questions answered, directly by New York Times bestselling author Ramit Sethi. Learn more at IWT.com/moneycoaching.
Released:
Nov 8, 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.