Ramit Sethi’s Life-Changing "Money Conversation" Script for Couples
Description
Ramit Sethi, the money and couples’ finances expert, is back! This time, he’s teaching you how to have life-changing money conversations with your partner so you can build a “rich life” together and even FIRE faster! You may know Ramit from his popular book, I Will Teach You to Be Rich, or his Netflix series How to Get Rich, but today, he’s sharing brand new insights, techniques, and lessons from his newest book, Money for Couples!
If you’re a FIRE freak like us, you may have a partner who’s having a tough time getting on the same financial page as you. You see their eyes glaze over as you pull up spreadsheets, talking about compound interest and the savings from switching to non-organic broccoli. We’re sure it’s well-intentioned, but this could be doing more harm than help.
If you want to enjoy getting “rich” with your partner, have more time to do the things you love, and build your wealth as a partnership instead of constantly persuading your other half, this is the episode to catch! Ramit shares his “script” for having crucial money conversations, diagnoses which “money type” you fall into, and gives the steps to escape the “Middle-Class Trap”!
In This Episode We Cover
How to start a “money conversation” with your partner (EVEN if they aren’t into FIRE)
The money dates you must have to get on the same page
The four “money types” and how knowing yours can strengthen your relationship
What the FIRE movement gets wrong about money (it’s not all about dollars and cents!)
Escaping the “Middle-Class Trap” of not being able to retire EVEN when you’re wealthy
The most surprising thing that Ramit has learned about money in most relationships
Why Ramit rents and has NO INTEREST in buying a house!
And So Much More!
Links from the Show
Listen to All Your Favorite BiggerPockets Podcasts in One Place
Email Mindy: Mindy@biggerpockets.com
Email Scott: Scott@biggerpockets.com
BiggerPockets Money Facebook Group
Grab Scott and Mindy’s Book, “First-Time Home Buyer”
Find an Investor-Friendly Agent in Your Area
BiggerPockets Money 243 - Ramit Sethi’s Money Advice for Couples: Live a Rich Life, Together
BiggerPockets Money 73 - Ramit Sethi Will Teach You to Be Rich!
Hear Ramit Interview Mindy “We achieved FIRE with $4.3M. Why can’t we enjoy it?”
(00:00 ) Intro
(01:01 ) Ramit is Back!
(03:49 ) The Money Conversation "Script"
(09:50 ) What Couples Should Do
(12:28 ) Your Money "Type"
(19:06 ) Hard Money Talks
(24:32 ) Do You Do This?
(30:17 ) Escaping the "Middle Class Trap"
(42:43 ) Most People DON'T Know This!
(46:29 ) Renting vs. Buying a House
(59:52 ) STOP Caring What Others Think
(1:03:07 ) Grab Ramit's Book!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/money-595
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