DiscoverI Will Teach You To Be Rich174. “We make $300k but spend like we make $1M”
174. “We make $300k but spend like we make $1M”

174. “We make $300k but spend like we make $1M”

Update: 2024-09-171
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Meet Forest, 40, and Kathleen, 43, a couple living in California with two kids. Despite Forest’s $300k salary, they’ve racked up $150k in credit card debt. They want to maintain their adventurous lifestyle, but the reality of their finances is catching up. Can they change their mindset on money before it’s too late?

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Links mentioned in this episode

• Pre-order my upcoming book: Money for Couples

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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 here.

Produced by Crate Media.

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In Channel
174. “We make $300k but spend like we make $1M”

174. “We make $300k but spend like we make $1M”

2024-09-1701:22:26

173. “We spend 113% of what we make—but can’t do anything to fix it” (Part 2)

173. “We spend 113% of what we make—but can’t do anything to fix it” (Part 2)

2024-09-1059:52

172. “We saved for retirement but have no money to spend NOW” (Part 1)

172. “We saved for retirement but have no money to spend NOW” (Part 1)

2024-09-0353:57

171. “I got into a PhD program! But he’s only worrying about the cost”

171. “I got into a PhD program! But he’s only worrying about the cost”

2024-08-2701:05:57

170. “We’re worth $1M in our 30s, but we’re missing out on life”

170. “We’re worth $1M in our 30s, but we’re missing out on life”

2024-08-2001:02:43

169. “We flew to Lisbon for Taylor Swift, but my $5 beer is the problem?”

169. “We flew to Lisbon for Taylor Swift, but my $5 beer is the problem?”

2024-08-1301:15:39

168. “I’m going to die with student loans. Why should I count them?”

168. “I’m going to die with student loans. Why should I count them?”

2024-08-0601:10:05

167. “We took a loan to pay off our credit cards—and maxed them out again”

167. “We took a loan to pay off our credit cards—and maxed them out again”

2024-07-3001:10:26

166. “I’m embarrassed—we hid $10,000 cash in our closet for 3 years”

166. “I’m embarrassed—we hid $10,000 cash in our closet for 3 years”

2024-07-2301:21:40

165. “I make 10x my husband’s income. Will we ever feel like equals?”

165. “I make 10x my husband’s income. Will we ever feel like equals?”

2024-07-1601:16:08

164. “I stress over money—but we’re seeing Taylor Swift in France tomorrow”

164. “I stress over money—but we’re seeing Taylor Swift in France tomorrow”

2024-07-0901:14:20

163. “I work & watch my infant FT b/c we can’t afford childcare”

163. “I work & watch my infant FT b/c we can’t afford childcare”

2024-07-0201:20:06

162. “We panic over money—but spend $84K/year on travel and shopping”

162. “We panic over money—but spend $84K/year on travel and shopping”

2024-06-2501:13:10

161. “He hid $77k in CC debt from me—but can’t tell me what he bought”

161. “He hid $77k in CC debt from me—but can’t tell me what he bought”

2024-06-1801:20:01

160. “My entire paycheck goes to daycare. Should I stay home?”

160. “My entire paycheck goes to daycare. Should I stay home?”

2024-06-1101:16:20

159. “How can we raise 3 kids if she only makes $15k?”

159. “How can we raise 3 kids if she only makes $15k?”

2024-06-0401:23:03

158. “We have $2M, why can’t we retire?” (Part 2)

158. “We have $2M, why can’t we retire?” (Part 2)

2024-05-2801:13:54

157. “We spent $80,000 more than we made last year” (Part 1)

157. “We spent $80,000 more than we made last year” (Part 1)

2024-05-2101:26:16

156. "We have 2 kids, 3 cars...but only 1 month of savings" (Part 2)

156. "We have 2 kids, 3 cars...but only 1 month of savings" (Part 2)

2024-05-1401:03:59

155. “We have $22k in cc debt—but I want to renovate the house” (Part 1)

155. “We have $22k in cc debt—but I want to renovate the house” (Part 1)

2024-05-0755:39

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174. “We make $300k but spend like we make $1M”

174. “We make $300k but spend like we make $1M”

Ramit Sethi