{"id":119139,"date":"2023-01-31T15:03:51","date_gmt":"2023-01-31T19:03:51","guid":{"rendered":"https:\/\/www.iwillteachyoutoberich.com\/?p=119139"},"modified":"2025-04-07T10:39:20","modified_gmt":"2025-04-07T14:39:20","slug":"80-sarah-kevin","status":"publish","type":"post","link":"https:\/\/www.iwillteachyoutoberich.com\/80-sarah-kevin\/","title":{"rendered":"Episode 80. \u201cIf I add any more to our $50,000 credit card debt, he will ask for a divorce\u201d (Part 1)"},"content":{"rendered":"<p><iframe title=\"\u201c$50k credit card debt. Will he ask for a divorce?\u201d\" src=\"https:\/\/www.youtube.com\/embed\/tB5keBN9ku0\" width=\"100%\" height=\"400\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><iframe style=\"border-radius: 12px;\" src=\"https:\/\/open.spotify.com\/embed\/episode\/393BtHrKBFDddOVYMl584m?utm_source=generator\" width=\"100%\" height=\"352\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p aria-level=\"4\">Sarah and Kevin are 38 and 42. They sold their home to pay off $130k in debt, only to dig themselves another $55k hole, six months later. Sarah is worried that if she doesn\u2019t stop her credit card spending, Kevin will ask for a divorce. We need two episodes to untangle their complicated situation.<\/p>\n<h2 aria-level=\"2\"><b><span data-contrast=\"none\">Tools mentioned in this episode<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:0,&quot;335559737&quot;:450,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:768}\">\u00a0<\/span><\/h2>\n<p><a href=\"https:\/\/www.iwillteachyoutoberich.com\/l-money-made-easy\/\"><span data-contrast=\"none\">Money Made Easy Mini Course<\/span><\/a><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.iwillteachyoutoberich.com\/landing-conscious-spending\/\"><span data-contrast=\"none\">Conscious Spending Plan<\/span><\/a><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<h2 aria-level=\"2\"><b><span data-contrast=\"none\">Transcript<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:375,&quot;335559739&quot;:375,&quot;335559740&quot;:768}\">\u00a0<\/span><\/h2>\n<p><a href=\"https:\/\/drive.google.com\/file\/d\/1vVU1o7CeUXSuUsBFY6y5YO-NPMAVW-XM\/view?usp=sharing\"><span data-contrast=\"none\">Download the full transcript PDF<\/span><\/a><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:00:03] I\u2019m speechless. You paid off $130,000 of credit card debt six months ago, and now you have $50,000 of credit card debt just six months later?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:00:17] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:00:19] Whoa.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:00:23] We need something that works because nothing\u2019s working, like working through how not to repeat past mistakes because we throw out a plan, but we always seem to get back to where we were. We both have a goal. We\u2019re committed to wanting to build a house and want to travel and our rich life, but we don\u2019t have a common plan to get there. This is a generational issue, I think, on both sides. And now as a mom and as a wife, I\u2019m breaking that.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:00:56] Meet Kevin and Sarah. He\u2019s 42. She\u2019s 38. They have accumulated $200,000 of debt. Then they sold their house to pay it off. And now they\u2019re finding that those old habits are coming right back. I went back to their application when they initially wrote in to me, and I found a line that I\u2019d like to share with you.<\/span><\/p>\n<p><span data-contrast=\"none\">Sarah wrote, \u201cKevin recently told me that if I kept adding debt to my credit card, he would ask for a divorce.\u201d My parents got divorced over money, so I\u2019m desperate to figure this out. We\u2019re going to talk to Kevin and Sarah today. But one of the biggest lessons of this podcast is that our money decisions are rarely only our own. A lot of us like to imagine that we\u2019re rational, logical people. We\u2019re pushing our shopping cart down the aisle, and we\u2019re making a careful cost-benefit analysis before we buy those Ritz crackers.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">In reality, our parents bought those crackers and they subconsciously taught us that love means buying this exact brand. We learn how to talk about money from the people around us. We learn how to invest it, or if investing is even for people like us. And of course, we learn how to spend from the people around us. And it is very, very hard to shake those generational lessons away.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">I would encourage you to listen to this episode and I would invite you to watch it on YouTube. The body language and the facial expressions you\u2019ll see at a whole layer of understanding. You can find this episode on YouTube by searching for Ramit Sethi and be sure to follow my channel there. Now, let\u2019s begin. I\u2019m Ramit Sethi and this is I Will Teach You to Be Rich.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Interview]<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:02:45] We did Dave Ramsey\u2019s thing. We tried those Spreadsheets, our own, made up, throwing spaghetti against the wall. I don\u2019t know. What am I missing? We probably fell there. We probably tried it.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:03:04] And so coming on this show to talk to me, for you, what does it represent?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:03:13] I\u2019m an emotional person, so there might be tears. Hope is what I hear in all of your podcasts. And so\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:03:26] Hope to do what?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:03:28] Figure it out. We have very different backgrounds when it comes to money and I want commonality and rules, and a way to speak to each other where we can actually hear each other when it comes to money. We tried to talk about money and I was like researching your site and listening to your podcast that kind of I\u2019m an all-in person. And we started having a conversation about money just trying to communicate because you\u2019ll find that that\u2019s where we struggle deeply and we just lost it on each other.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:04:12] So talk me through that conversation. Do you remember where you both were?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:04:16] Oh, gosh, there have been so many. I think we were actually probably like I was sitting here and he was in the living room. I don\u2019t remember exactly what it was, because like I said, there have been so many. But it was basically, screw this. Something\u2019s got to change. Probably what it was was him getting mad at me about what was spent on credit cards.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:04:46] What you spend on credit cards or what was spent?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:04:49] What I spent because it\u2019s my card.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:04:52] I\u2019d like to hear from you, Kevin. I\u2019d like to hear about that same conversation that the two of you had where you both became really frustrated. What do you remember about that conversation?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:05:06] I think I know what she is referring to. And this comes with accumulations of things that it\u2019s built up throughout a marriage. I get short-fused. And so in that particular moment, the expectation in my head, \u201cHey, we should be at this ceiling.\u201d And when we spoke, the ceiling was higher, and therefore I was like, \u201cOh, that means there\u2019s more debt than we have to\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:05:38] Sorry, what does ceiling mean? What are you referring to?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:05:40] Just in the sense of I thought that the debt was at that level and it turns out to be at a higher level. Right now we\u2019re probably at $50,000 in debt, like off-credit card debt.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:05:53] Five zero?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:05:55] Five zero.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:05:55] Okay.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:05:56] I want the clean slate every month. So like you\u2019ve talked about in your book, utilizing credit cards as an account versus because you can use them for certain things that are very beneficial. And so I think you do it that way. But if you don\u2019t have a plan and place of what you\u2019re putting on the cards, then it can get out of control. And so\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:06:18] Is it out of control for you now?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:06:24] The amount, yes, it is.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:06:27] Okay. Anything else that is or is not out of control?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:06:33] What? Banks, I feel like right now. But\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:06:35] Tell me.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:06:36] Yes, we sold our house in May and moved into a rental house with the goal of building. It\u2019s been a lifelong dream of mine, building our own house. We had to switch\u2013 Why is this? Sorry. We\u2019ve had a really tough year, and so we had to switch our girls\u2019 school because they went through a lot of stuff. They\u2019re in private school and they went through a lot of stuff at their old private school, so we had to switch schools for them.\u00a0<\/span><br \/>\n<span data-contrast=\"none\">So I think that out of control is just the level of stress and not being\u2013 we\u2019re very outside of our comfort zones right now and my business is maintaining, but I lost a pretty big account in October and that dropped my income in half, almost in half. And my income from my business has steadily gone down. Not much, but a little bit. So there\u2019s just been a lot of stress. And I really struggle when I can\u2019t control things.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:07:59] How do you react when you have more and more stress like this? What do you do?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:08:06] It depends on the level, but I tend to get depressed and I start withdrawing or I blow up. And it\u2019s usually blowing up at Kevin.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:08:17] And this has bluntly, but this has caused an issue in my marriage is where professionally, a husband so heads down that there are moments, more than moments, that in our marital life where I didn\u2019t see her going through these times until she blew up, or until it was verbally told to me.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">In the meantime, I\u2019m thinking, oh my gosh, if this is happening, then that means I need to double down and buckle into my work so that we can come out on the better end together. But she\u2019s suffering because of that because she\u2019s not getting the support emotionally. So this is full transparency here.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:09:21] I really appreciate it. It really helps me understand the dynamic here.<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><br \/>\n<span data-contrast=\"none\">\u00a0<\/span><br \/>\n<span data-contrast=\"none\">A few things to note. There\u2019s a lot of emotion in their description of money, and a lot of history, and I\u2019m going to spend time trying to unravel it. Along the way, I suspect that Kevin and Sarah will get a better understanding of what\u2019s really going on because when something like money is covered in emotion, it\u2019s easy to lose sight of the real issues. It\u2019s like a bad relationship. Everything feels existential.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">You\u2019ll also notice that there are some clues, something about their girls, something about Sarah\u2019s dream of building a house, something about Kevin having the best year of his career last year. We\u2019re going to get into all that, and we\u2019ll get into all the numbers. But I think it\u2019s important for you to know that Kevin and Sarah are high earners. Keep that in mind as we continue on this conversation.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Interview]<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:10:12] I think that money is a foundational struggle for us because we can\u2019t sit down and have a non-emotional conversation or it\u2019s very rarely that we can do that.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:10:31] Is that the dream, to have a non-emotional conversation about money?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:10:35] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:10:36] Okay. And if you were to have a non-emotional conversation about money, what would that look like?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:10:42] Sitting down together over wine or dinner or out to eat or just in the living room, and talking about the spending and the things that we\u2019ve done without criticism or feeling put down\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:11:08] Who feels put down?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:11:09] I do.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:11:10] Okay. Okay. So you\u2019d have conversations without you feeling put down. What else?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:11:16] Feeling as an equal in conversation and having a common goal. And we do\u2013 maybe it\u2019s more like a common plan. Maybe that\u2019s a better way of putting it because we both have the goal. We\u2019re committed to wanting to build a house and want to travel in our rich lives, but we don\u2019t have a common plan to get there.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:11:45] What has stopped you from making a common plan towards an already common goal?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:11:56] We don\u2019t speak the same language.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:11:58] Ah! What language do you speak?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:12:01] Well, we don\u2019t actually, does completely speak a different language, but he speaks numbers and it\u2019s just very, this is how it is. A perfect example is he goes like, \u201cCan\u2019t you just transfer the money over to the credit card?\u201d And I don\u2019t know why that is very hard for me to do it. He\u2019s like, \u201cIt\u2019s just a button, click a button.\u201d And I\u2019m like, \u201cIt\u2019s not that easy. There\u2019s a lot of emotion behind it.\u201d<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:12:31] So he speaks the language of numbers, and what language do you speak?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:12:38] Emotions. My childhood was very much all emotions when it came to finances. My parents divorced over finances. There\u2019s a lot of baggage.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:12:52] I want to talk about how you were raised. I find it very interesting that you speak the language of emotions. You were raised with emotions, but you told me that your number one goal is to have a non-emotional conversation about money.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:13:08] Yeah, because I don\u2019t want to cry for every conversation or avoid or yell at each other. I want a\u2013 maybe it\u2019s not emotional, it\u2019s a positive emotion.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:13:21] Ah, that\u2019s different. Right?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:13:21] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:13:23] Because can I just say, I don\u2019t think there\u2019s anything wrong with having emotions about money? Everybody does. Even Kevin, who\u2019s Mr. Numbers, I bet has emotions. Give me five minutes, I\u2019ll find him. Everybody has them. And I think sometimes we\u2019re raised with this idea that deep down, emotions are weakness. But they\u2019re not. They\u2019re just human.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">So can we reshape your goal? You said first that you want to have a non-emotional conversation about money. I think that would be really boring. What would you like to do instead?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:13:57] I want to have a conversation that is positive and forward thinking and exciting to sit down and thought, \u201cLook what our money\u2019s doing and we\u2019re going, and look what we\u2019ll be able to do. It\u2019s so exciting.\u201d<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:14:12] All right. I can get behind that. Kevin, are you down for that?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:14:17] I\u2019m writing it down.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:14:18] Oh, okay. Love it. Okay, good. Okay. And when you two got married, how long ago was that?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:14:23] 14 years now.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:14:25] Yeah, we just celebrated 14 years.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:14:27] Oh, congratulations.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:14:28] Thank you. I appreciate it. That\u2019s awesome. 14 years. Amazing. Okay. 14 years, three kids. Fantastic. All right.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><\/p>\n<p><span data-contrast=\"none\">A lot of you listening right now beat yourselves up for things that are deeply held parts of your personality. Sarah basically started crying in the first two minutes of our conversation, but four minutes later, she tells me she wants to have a non-emotional conversation about money. That\u2019s not going to happen. That would be like me going to a French restaurant and saying, \u201cOh, I\u2019d really love to spend $89 on some pulei that\u2019s seasoned with three particles of salt.\u201d It\u2019s not going to happen. I want some fucking spice on my chicken.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">I\u2019m not going to a French restaurant and Sarah is not going to have a non-emotional conversation. A better approach is what she finally said. She wants to have a conversation with positive emotions. Maybe she will later say that she wants to become comfortable talking about numbers. I can help with that, but I\u2019m glad we caught this now because if you truly detest something about yourself, if you believe you need to fully extinguish it, it\u2019s going to be very hard to actually change.<\/span><\/p>\n<p><span data-contrast=\"none\">[Interview]<\/span><\/p>\n<p><span data-contrast=\"none\">Sarah, will you tell me about how you were raised with money? What do you remember about growing up with your parents?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:15:43] What I do remember is there was a lot of turmoil between my parents, especially in finances. My parents were raised very differently. And when it came to money and in general, one of the biggest things I was thinking about earlier today was my sitting at dinner point had gone out to eat, and my dad ordered a steak. And so there\u2019s four of us, I\u2019m one of four. And my siblings and I were like, \u201cOh, we want to take two, da, da.\u201d And my mom would either order nothing or soup.<\/span><\/p>\n<p><span data-contrast=\"none\">And we would find out as I got older, the reason we did that was we couldn\u2019t afford it. And instead of arguing with my dad there in the restaurant, she would just let it happen. And there were lots of times my dad bought a car without consulting her. And there were six of us and it was a five-seater. And then he\u2019d go and buy TVs and just different things. And it was always, \u201cWe can\u2019t afford it. We can\u2019t afford it.\u201d<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:16:51] Who said that?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:16:52] My mom.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:16:53] Okay.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:16:56] My dad worked hard, but we grew up on the poor side. He grew up very poor and my mom grew up wealthy. And so it was very two different sides of the track.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:13] Can you think of any examples where that difference really manifested itself?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:20] I know of some that my mom told me about and they would not be able to pay the light bills. And my dad would say, \u201cJust go ask your parents for it.\u201d<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:35] Oh, wow. And your mom told you that story, not your dad.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:40] My mom told me that story, yes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:42] Did they separate, your parents?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:44] When I was 16.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:46] Why then?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:46] Money and other things.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:51] I see. And who was the one who initiated the separation?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:56] I think my mom.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:17:57] Okay. Okay. Looking back now, as an adult, as a mother, looking back on how you were raised as it relates to money, what are the things that you take away?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:18:14] That my mom was just trying to survive, was a big one. I know my dad had a lot of struggles as a child as well, that he was never able to work through and it really was a problem. This is a generational issue, I think, on both sides. And now as a mom and as a wife, I\u2019m breaking that. And I don\u2019t want my children, and we have three girls, and so I don\u2019t want them to grow up in their life and not know what I didn\u2019t know. I don\u2019t want them to be in these same positions to risk their marriages because they can\u2019t budget well or whatever. I don\u2019t want to end up like that and I don\u2019t want us to end up like that.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:19:24] Do you think you are destined to end up like that?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:19:26] If we keep going the way we\u2019re going, yes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:19:29] That helps me understand a lot. Thank you. Kevin, what about you? How were you raised with money?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:19:39] My dad worked a lot. My last fan that I seen, he managed the money. My mom will stay at home. Once my dad\u2019s career really took off, she didn\u2019t need to be a teacher anymore and so she stayed at home. So that\u2019s what I remember for most of my life.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:20:03] What did you learn about money now that you look back as an adult? What are your takeaways?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:20:08] Well, this is where it gets [inaudible]. Throughout my life, I\u2019ve never been educated about money. I saw it. I was around it. I wasn\u2019t educated about it. So I didn\u2019t grow up in this country. I grew up abroad, and with that, there are some cultural differences. But I didn\u2019t have an education about money. I just knew my dad took care of it.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:20:42] Sarah, you reached out because of a series of conversations. Describe it for me. What is the situation? It sounds like you have together $50,000 worth of debt. What would you say in a sentence or two seems to be the problem that keeps coming up for both of you?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:21:02] Lack of communication and connection. I think that we have to find even more commonality in what we want for our money. We\u2019ve got to come together on that roadmap.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:21:14] Let me ask you a question about yourself. You specifically, what behaviors do you think you need to change in order to break that generational curse?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:21:30] Well, one of the big ones is impulse. I impulse purchase. And usually out of emotion or feeling like I deserve it. I think some of the things that I tell myself about money and I think probably, I would say a lot of it\u2019s the impulses, and the way I speak about it, the way I talk about it, and in the way I think about it.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:22:11] Be sure to watch her facial expressions on that last exchange. They are very revealing.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Interview]<\/span><\/p>\n<p><span data-contrast=\"none\">This $50,000 of credit card debt, whose credit card is that on?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:22:22] Mostly mine.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:22:23] All right. So you have a joint investment. Is that joint?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:22:29] It is. And he has a 401(k) and I have a Roth.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:22:35] Great. All right. You have separate credit cards, so I\u2019m just curious about the bills, the day-to-day bills getting paid, for example, your rent, eating out. How does that decision get made about who pays for what?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:22:56] The rent, to live our lives under our roof, utilities, all that stuff, I set it up. I put it on my card, except for the rent. It has to come out of a checking account. So it\u2019s on the joint checking account. But anything that could go in a card, I just put it on the credit card.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:23:20] Your credit card?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:23:23] Mm-hmm.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:23:24] Okay.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:23:24] And then when it\u2019s eating out, a lot of us for eating out is convenience because we\u2019re pretty busy. And so if we\u2019re all together, typically it\u2019s on his card. If it\u2019s me with the kids, it\u2019s mine. If I\u2019m ordering, it\u2019s mine. It\u2019s through an app. It\u2019s part of mine.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:23:46] So it\u2019s just like whoever is basically doing the thing is pulling out their credit card. Okay. Does this cause any problems for you?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:23:54] Quite a bit.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:23:55] Oh, I was like, this is a weird setup, but you both seem very calm about it. I\u2019m like, \u201cIs there any issue here?\u201d And then I go, \u201cIs this a problem?\u201d And both of you are nodding furiously. Okay, so what\u2019s the problem? Break it down. What happened the last time you all argued about this?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:24:11] So if I think, one way to add to the context is when we sold our house, we were able to be debt free. We sold the house where like, credit card, no more. That\u2019s it. Blah, blah, blah. And then we reintroduced it and there it goes again bad behaviors where there\u2019s no plan set where we actually could get back to zero. And for a minute, we did it. But then there are some things that occur. Pull the trigger here. Pull the trigger there, and the next thing it\u2019s the snowball. And here you are re accumulating debt.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:03] Okay. Let me ask a few questions about the pattern that you seem to be in. How much did you sell your house for?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:11] $1,000,050.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:12] Okay. And how much did you take home after the sale?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:18] It was like 369 or 396.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:25] Yeah, it was somewhere around there.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:26] All right.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:26] At $375,000 in my head.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:28] Let\u2019s say 375. And did that include all fees that you had to pay, transaction fees, all that? What about taxes?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:37] Yeah. That\u2019s what we walked away with.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:39] Okay. Walked away with including paying taxes, etc. on anything that you owed?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:45] Yeah, minus 500 bucks that we had to pay for HOA.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:49] Okay, great. So 375. And how much credit card debt did you have at that time?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:56] $130,000.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:25:59] Credit card debt?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:00] Yeah, it was\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:03] 130. And was there any other type of debt at that time?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:06] Student loans, cars.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:10] Cars multiple?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:11] Yes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:12] Okay. And student loans. Whose student loans?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:15] Mine.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:16] Okay. All right. So you had, how much was it? 130?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:20] Mm-hmm.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:21] All right. So you were able to pay all that off and you still had a couple hundred thousand bucks?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:26] Yes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:27] Awesome. All right, great. So was it a big thing in your household like, \u201cAll right, we\u2019re paying off this debt?\u201d<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:34] Huge.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:35] Yeah. Mm-hmm.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:36] Okay. What did that feel like?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:38] Amazing.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:39] Yeah, it did.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:40] That\u2019s cool. Was it the first time that you were debt free in your marriage?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:46] Credit card debt. Mostly, yes. Yes. I think it was completely, but we haven\u2019t been completely debt free.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:26:56] Did you take the money from the house and pay off all the student loans as well?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:03] No, because the goal was to take the additional\u2013 we sat down and decided, we\u2019re going to pay off the credit card debt and then the additional amount that we had left over, we were going to invest some of it, save some of it to have cash available for whatever reason, and then utilize that for a down payment on the land. So we didn\u2019t pay everything off? No.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:29] Okay. That student loan that you had, which you did not pay off, how much was it at the time?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:36] Right around $30,000.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:38] Okay. What was the interest rate? Do you remember?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:40] It\u2019s nothing.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:42] It\u2019s low?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:43] It\u2019s zero right now.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:45] Okay. But back then?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:47] This was six months ago.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:48] Oh. What?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:50] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:50] Hold on. Let me get this straight. What the hell? I didn\u2019t know about these timelines.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:54] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:27:55] Hold on. I\u2019m speechless. You paid off $130,000 of credit card debt six months ago, and now you have $50,000 of credit card debt just six months later?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:28:14] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:28:16] Whoa. So what happened?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:28:25] Life.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:28:26] Wait. Okay, this is like, if this was five years, I would be like, \u201cAll right, yeah, life happens,\u201d but six months? We can figure this out in 25 seconds. Let\u2019s just do it right now. Okay, life happens, all right. Not that much life happens in six months, so let\u2019s break it down. What vacations did you take in the last six months?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:28:45] Well, we paid for a cruise that we have coming up.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:28:49] How much is that, ballpark?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:28:51] $7,000, I think.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:28:53] What do you think? What number do you think I would pick to write down here? How much is your cruise going to cost? You said $7,000. What do I think the real number is?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:06] Eight? $8,500?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:08] No, higher. Kevin.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:13] $11,050 [inaudible].<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:17] Okay, so let\u2019s say $11,000. What else did you spend money on in the last six months?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:22] Business stuff. That credit card debt is including business cards.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:30] Okay. How much do you spend on the business?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:34] I think it\u2019s 15.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:35] Okay. 15 on business. You spend that on a credit card?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:40] Mm-hmm.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:41] Okay. What else? Eating out, you mentioned?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:45] Eating out. That\u2019s a big one.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:48] How much?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:48] $3,000 to $4,000 a month.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:50] Let\u2019s say $4,000 a month. What else did you spend money on in the last six months?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:53] Yeah, I had surgery in July.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:55] Okay.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:29:56] And so a big cost was post-care.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:02] Okay. How much was that?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:04] I was spending, I think, almost $1,000 a month.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:10] For six months?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:11] For five.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:13] Wow. Okay. And are you doing all right?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:13] Mm-hmm.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:17] Okay. Good to hear. Okay. Anything else?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:21] Christmas.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:22] How much?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:24] I don\u2019t know.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:27] Like $100, $10,000. What are we talking about?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:31] Well, $1,000.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:34] All right. Anything else? Clothes, you mentioned, Sarah?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:38] Clothes. This is actually the first time we\u2019ve had to buy a large amount of clothes because our girls were in uniforms before and the school had like a hand-me-down thing. So in August, we spent, I don\u2019t know, maybe $2,000 on clothes for all three of the girls.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:54] Okay.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:30:57] I\u2019m trying to think, what other. I\u2019ve had some trips with my business.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:02] Like what?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:02] The one in September was about $2,000. Cuba, was my flight, which I spent quite a bit on my flight.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:14] How much?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:15] $3,500.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:16] Okay. What else?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:22] Then what else. August, September, October, just little\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:28] Coaching.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:30] Oh, yeah. Business coaching.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:32] How much was that?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:33] It was $1,700 a month for six months and then now it\u2019s $900 a month for six months.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:43] Let\u2019s just say a thousand a month, just for easy math. So that would be $6,000. Would that be fair to say?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:48] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:49] All right. All right. So if we add up all those numbers, what do you think we get?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:57] A lot.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:31:58] Any idea? Just take a guess.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:32:02] 30, 35.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:32:06] Okay. 30. Which one is it?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:32:08] 30. 35, [inaudible] with larger numbers.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:32:14] Let me finish calculating these. $72,500 in the last six months. What do you think about that number?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:32:35] Wow, that\u2019s unexpected.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:32:43] All right. I need to lay down the fucking law here for a few different items. Can you see that affirmations board behind Sarah? They just spent $72,000 in six months putting them back into credit card debt. But she has these Etsy affirmations behind her, these posters. Here\u2019s what they say, this year will be different. I have genius inside of me. I have something the world needs.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">It\u2019s like affirmations are nice, but sometimes you need to look at the fucking numbers. Notice the details. Remember how I always say, the best predictor of your future behavior is your current behavior. And people get mad at me, \u201cOver me. That\u2019s not true. I can change. Everybody can change.\u201d Well, maybe, but it\u2019s hard.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">You\u2019ll also notice that Sarah is using the innocent DOE technique to evade actually acknowledging what they\u2019re spending on. You don\u2019t know what the innocent DOE technique is. Let me explain. Imagine a wide-eyed Bambi. \u201cMe? Little old me? I have no idea what\u2019s going on with our money. I don\u2019t know.\u201d That\u2019s the innocent DOE technique. And I can tell you because if it was five years of spending, we could figure it out. It would take a while.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">They ran up 50k of credit card debt in six months. It took us three minutes to figure this out. Some of you have been procrastinating on some money questions for 13 years that would take us 15 seconds to find the answer to. You could join my money coaching program. Let\u2019s solve it right now. You\u2019ll also notice another clue. She has a verbal tic of giving ranges, $3,000 to $4,000. That means $4,000 more likely seven.<\/span><\/p>\n<p><span data-contrast=\"none\">You know why? Because she doesn\u2019t want to count phantom costs in. A cruise isn\u2019t just what you paid for the room. It\u2019s the drinks, the extra food, the excursions, the flight, the hotels, all of it. Add 50% to the sticker price to be conservative. That\u2019s exactly what I add whenever I stay at a hotel or whenever I look at buying a house. So, there are a lot of clues in that short exercise that really reveal a lifetime of attitudes and behaviors that Sarah has bought into.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Interview]<\/span><\/p>\n<p><span data-contrast=\"none\">You mentioned that there are two issues that you have with money. One is impulsive spending, and two is the stories you tell yourself.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:35:03] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:35:04] What are the stories you tell yourself about this spending?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:35:08] That it\u2019s all my fault.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:35:11] Yeah. What is that story?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:35:14] \u201cOh, if I hadn\u2019t done this\u2013 I put a lot of, I guess guilt and stuff on myself for seeing the credit card bills and saying, \u201cOh, we shouldn\u2019t have done X or we shouldn\u2019t go on trips or we shouldn\u2019t do these things.\u201d<\/span><\/p>\n<p><span data-contrast=\"none\">And then I think about the way I grew up and I was like, \u201cOh, screw that because I want my kids to have a different life. We didn\u2019t do trips. We didn\u2019t do fun things. I don\u2019t want my kids to feel like we can\u2019t go buy clothes because we don\u2019t have any money.\u201d So I just ignore it. And because I just want something different.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:36:30] Something different about what?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:36:32] Than what I had growing up.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:36:34] How long ago was it that you felt that way when you talk about growing up? What year was this?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:36:40] Really between like, what I can remember, it was pretty much my whole life.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:36:57] And that feeling is what? That we don\u2019t have enough. I can\u2019t have X. What are the feelings that you\u2019re trying to escape from?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:37:12] I think they are embarrassment, confusion, frustration, and sadness. There\u2019s a lot of sadness about money.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:37:44] And have you also spoken to a therapist?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:37:48] So I\u2019m actually starting therapy back again.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:37:54] Good. How do you believe that you stack up to other people in terms of your income and your expenses?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:06] I think income-wise, we\u2019re pretty comparative.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:13] Yeah. What would you call yourselves?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:19] I don\u2019t understand the question.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:20] Are you wealthy?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:21] Middle class.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:23] You\u2019re middle class?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:25] In terms of income.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:26] No, we\u2019re upper-middle class in terms of revenue. Just strictly revenue, not the way we manage.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:38] There\u2019s another piece to this we haven\u2019t talked about is that Kevin has an inheritance coming in this year.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:47] What? How much?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:50] It depends on the exchange rate, but\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:53] Yeah, it will depend on the exchange rate.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:55] But not that much.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:38:57] $300,000 to $400,000.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:39:02] Yeah, we\u2019ll keep it like that.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:39:04] All right, good. Something like that. So it\u2019s a sizable amount.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:39:07] Mm-hmm.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:39:08] Okay. That\u2019s interesting. I did not know that. And what\u2019s the plan with that money?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:39:13] Well, that\u2019s what we want to talk to you about it. No, we\u2019re not asking you to solve our life problems in a two-hour span of conversation or however long we\u2019ll discuss, but at least it\u2019s addressing these behaviors that we have so that we don\u2019t swallow\u2013 to your point, using the word resolve velocity with beautiful is we don\u2019t continue this velocity which is going to eat away what would come in?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:39:45] Yeah, it\u2019s a great concern because you actually know exactly what will happen right now because just six months ago you had the exact same amount and it\u2019s essentially gone.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:39:45] Mm-hmm.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:39:57] So we don\u2019t want to make that mistake again. All right. Let\u2019s go through the full conscious spending plan and evaluate it. Who put this conscious spending plan together?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:40:06] We did it together.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:40:07] Good. How was that process?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:40:12] I think because we both sat down and like, we\u2019re looking at the numbers, it was overwhelming. But it was a simple conversation.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:40:27] That\u2019s good.<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><\/p>\n<p><span data-contrast=\"none\">Let me recap their numbers here for you because something is missing. Their total net worth is $150,000. They have 100K in assets. They\u2019ve got two cars, a Ford Expedition and a Tesla. They\u2019ve got $137,000 in investments, $93,000 in savings, $179,000 of debt, 30K of which is student loans, over 50K of which is credit cards, and about 100K left on the car loans.<\/span><\/p>\n<p><span data-contrast=\"none\">[Interview]<\/span><\/p>\n<p><span data-contrast=\"none\">All right. Let\u2019s talk about the income. I found this one very interesting. All right. So, Sarah, what\u2019s your gross annual income?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:41:10] Annual income? Last year I will bring in just under $100,000.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:41:19] Just under means what? Just tell me a number.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:41:21] All right. I don\u2019t think that\u2019s right. I\u2019ll say 95.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:41:30] $95,000. Okay. And Kevin, what about you?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:41:35] This past year, 214.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:41:40] What?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:41:41] Well, I\u2019m contracted. I\u2019m a contractor, too. So it\u2019s like where my income is coming in. So that monthly number is current, three months ago, it was at, I don\u2019t know, $11,000.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:04] What?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:06] For large contracts.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:08] Okay. But collectively, the two of you are making about $309,000 a year. Is fair to say.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:17] Yeah. This last year.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:18] And this year, what will you make?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:22] I don\u2019t really know.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:24] Ballpark.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:26] If I had all my goals?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:27] No, because you\u2019re probably not going to. Most people don\u2019t.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:36] Probably the same. I\u2019d like for it to be higher, but probably the same.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:43] That would be $95,000?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:45] Mm-hmm.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:42:46] There must be something else going on here. There\u2019s just so much squirming in Sarah\u2019s answers. I ask how much she spent on the cruise, she gives me a range. I ask how much Kevin\u2019s going to inherit, she gives me a range. By the way, $300,000 to $400,000 is her range. I ask how much she\u2019s going to make this year, she gives me a hypothetical.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">This is a great example of what I mean when I say, to live a rich life, you have to be honest with yourself and honest with the people around you. You have to learn how to pick numbers that make planning easy. You can get them wrong. That\u2019s okay. You can correct them later, but you have to have a logic for picking some numbers instead of letting them simply hang out in the air and never making a decision at all.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Interview]<\/span><br \/>\n<span data-contrast=\"none\">So last year you made 309, this year you\u2019re both going to make 309. Fair?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:38] Fair.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:39] Does it make it difficult to plan when you don\u2019t know what the numbers are going to be?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:43] Yes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:44] Yes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:44] Has that been an issue for the two of you?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:46] Yes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:47] Yes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:47] All right. Do you want me to give you a little solution for that?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:50] Yes, please.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:51] Yes.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:43:51] Okay. I hear couples, they agonize over this shit, and it drives me insane listening to you. Right now, just listening to the two of you, my fists are curling up. I go, \u201cLook, I don\u2019t need the exact number. I just need some fucking number that you both feel confident about.\u201d And it\u2019s not your fault. I\u2019m not blaming you. It\u2019s actually psychologically very difficult when you\u2019re a contractor or you have different clients. I get it.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">What we want to do is we want to pick a number that we are absolutely certain that we can get. That\u2019s the number we\u2019re going to work off. That\u2019s our baseline. So if you get a bonus at the end of the year, don\u2019t include it. Just the number that you know you\u2019re going to get. If you have 10 clients and you think three might churn, hell, give yourself a little room too. You have five clients now instead of 10. That\u2019s your number. But it\u2019s a number that you know for a fact you\u2019re 95% confident you can get it, and then you work off that number.<\/span><\/p>\n<p><span data-contrast=\"none\">And anything that comes on top, any annual bonus, etc., that\u2019s icing on the cake. And we will create a separate thing on what to do with that money. All right, because otherwise, you\u2019re just going to drive yourself insane.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:45:00] Yeah, that\u2019s okay.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:45:01] And honestly, it\u2019s like we\u2019ve just got to pick a number that we know we can get, and let\u2019s work with that. The rest of its icing. So what\u2019s the number? Right now, you told me $309,000 this year. That seems a bit optimistic.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:45:13] I think 95 is right for mine.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Speaker3:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:45:15] Okay, Kevin.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:45:18] I\u2019ll be conservative and say 190.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:45:22] 190. Okay. I just want to point something out. This is really funny. So how long has this been driving you crazy? This like, we\u2019re not sure about how much we\u2019re going to make.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:45:34] Probably the last three years for me.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:45:36] A year.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:45:37] What the fuck? Do you know that the difference between the two numbers we picked is literally $24,000? That\u2019s nothing in the grand scheme of how much you make. $24,000, that number, that\u2019s the difference between 309 to 285. That is the number that has been stopping you from just saying this is our certain number.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><\/p>\n<p><span data-contrast=\"none\">The lesson here is to stop letting tiny barriers get in the way of your rich life. It\u2019s like two parents saying, \u201cGosh, we really should get a car seat for our baby. But first, we need to make sure we have the right baby food. And also, what if we get the wrong fabric on the baby seat? And also, we need to talk to grandpa about babysitting. But first, we really need a baby-proofed bathroom.\u201d It\u2019s like, just go buy the baby seat. Go get the best one, go get the fifth best one, get all of them. It does not matter.<\/span><\/p>\n<p><span data-contrast=\"none\">So many people waste their lives letting these $3 questions get in the way of the actual point of money. And even if you get it wrong, so what? You can fix it next year. You can fix it tomorrow, but at least make a decision.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">One of the worst things that I hear when I speak to couples is indecisiveness, and it\u2019s indecisive from everything like a $5 purchase or all the way up to what should we do with $5 million that\u2019s sitting in our checking account. Building the skill and the habit of being decisive is one of the single best things that you can possibly do for your rich life.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Interview]<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:47:04] Okay, so can I just say you two make a lot of money? You guys make $300,000 a year. So what\u2019s really going on here? It\u2019s not an income problem. You ever see those people on TikTok? They\u2019re always wearing these horrible ties. I\u2019m like, first of all, get a new fucking tie. Second of all, who taught you how to tie that tie? And I\u2019m not even the best tie tire, but I\u2019m like, \u201cThat looks like shit.\u201d<\/span><\/p>\n<p><span data-contrast=\"none\">And these guys are always saying the same things. \u201cThere\u2019s a hedonic treadmill in the United States, and if you make more money, people only spend more money.\u201d I go, \u201cShut the fuck up.\u201d But the problem is you\u2019re actually doing that. You\u2019re the example they\u2019re talking about on TikTok. You made more money and then you started spending more money.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:47:45] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:47:46] You\u2019re violating my own rules. Okay, so can we fix this, please? Because it makes me look bad. If somebody goes out in the public, they go Ramit Sethi\u2019s readers are on the hedonic treadmill, I go, \u201cAha!\u201d So tell me this. What do you need to do?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:48:05] Pay off the debt.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:48:09] Okay.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:48:11] But\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:48:12] Yeah. The double digits credit cards is going to kill us. So there\u2019s no way around it, so the first thing is to eliminate the credit card debt.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:48:31] Okay.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:48:33] What\u2019s the savings?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:48:35] Yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:48:37] Okay, that\u2019s a possibility. Let\u2019s just stay at the high level. So one thing you both know that you want to do is pay off the credit card debt. Fantastic. Let\u2019s not even get into the how. But yes, I totally agree. That\u2019s a really important thing to do. Are there any other things that are really important for the two of you to start doing?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:48:57] Saving for the girls\u2019 school next year.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:00] What? Where did that come from? We haven\u2019t talked about that at all.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:05] So they\u2019re in private school, and so we have to switch their school.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:08] How much?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:09] For all three, without financial aid, it\u2019s about $55,000 a year.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:14] What the fuck? How are these secret expenses coming up right now? $55,000. What else?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:25] This next year, I think that\u2019s it. The school\u2013<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:29] Don\u2019t you have to make a donation to these private schools too? No. Okay. She\u2019s shrugging. All right. Okay, where does that money come from, by the way?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:40] So this was our first year, and we used some of the money when we sold the house, we used it to pay it for the first year.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:49] And where\u2019s it going to come from next year and the year after and after that?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:49:53] Good question. We\u2019re asking ourselves that same question.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:50:00] This is absolutely blowing my mind right now. They signed up for a $ 55,000-a-year private school without being able to pay for it. I don\u2019t even buy lunch without knowing how to pay for it. They committed to 10-plus years of $55,000 a year, and they can only afford one year of it. There\u2019s this idea floating around the financial world that people who make a lot of money always spend it. Like there are so many Americans making multiple six figures and just living paycheck to paycheck.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">I don\u2019t really love that concept because I know a lot of people making 100K, 250K, 500K who are extremely disciplined about money. But Kevin and Sarah are doing exactly what all those people talk about. They have a high income and they are spending every last cent and more. And worst of all, their attitudes towards money will likely keep them broke for the rest of their lives.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:50:52] The private school is difficult because this is something that both Sarah and I agreed on very early on. The school system that we\u2019re in currently isn\u2019t bad, but we have recognized that our children do better in smaller settings than in larger settings. So before this prior year, we were able to manage it through our budget and it was manageable. We only had two children go in there. It was doable. This was an increase, significant increase plus an additional child, and hence the big jump.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:51:51] So how do you think you can handle it?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:52:02] Makes more money.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Kevin:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:52:03] Yeah, make more money is the only answer.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:52:07] What do you think of that answer?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:52:16] I wanted it to not be the only answer, but it\u2019s the only one that I can come up with.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:52:27] Okay. Do you believe yourself when you say that?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:52:36] Yes, but I think it\u2019s because we\u2019ve been so in the weeds like you were saying, that we can\u2019t be thoughtful and creative about options if it really was that important to us and making changes, making significant changes if that is what is important to us.\u00a0 But now we\u2019re switching our mindsets about some of this stuff.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:53:10] I don\u2019t like this line of thinking for several reasons. First of all, how much do you need to make to pay for the kid\u2019s school?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:53:23] $55,000.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:53:24] No. What about taxes?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:53:27] Oh, yeah.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:53:28] Oh, yeah. So 75, 80, 85,000, whatever the number is. You\u2019re already making a lot, so you\u2019re at a high marginal tax rate. And we don\u2019t need to calculate that right now, but it\u2019s more than $55,000, a considerable amount more than $55,000. That\u2019s number one. Lack of thought into this.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Number two, I don\u2019t like buying something and then saying we\u2019ll figure out how to pay for it later. That is a terrible decision to make. Haven\u2019t we all heard people say like, don\u2019t go into debt for a wedding? We\u2019ve all heard people say that. Did you guys go into debt for a wedding?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:54:14] Not really. No.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:54:16] Okay. Isn\u2019t this basically the same thing? We\u2019re going to commit to $55,000 a year, but we don\u2019t actually know how we\u2019re going to pay for it. And it\u2019s not just for one year, is it?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:54:29] No.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:54:30] How many more years is it for?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:54:32] Well, 12 at least.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:54:34] Yeah. It\u2019s over half a million dollars. If it is truly critical to you, then maybe we can find a way to make it work. It\u2019s possible. If you tell me that, we can look through your numbers, and maybe we can find a way to make it work. But I can tell you that it would involve you radically changing the way you live. Have you both entertained the idea of potentially not doing this private school?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:55:02] The only other option that I would entertain is homeschooling.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:55:09] That\u2019s it?<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Sarah:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:55:10] Yep. I\u2019m not putting my kids in public school. That\u2019s a conversation that we really have to get into and make the decision and make it together. But I think we need to live in both scenarios, like in the scenario of what that feels like, of cutting back the things. I think we need to do that anyways, regardless of the school piece. But if we take that out, what does that look like? And if we keep that in, how does that feel?\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">And I think we need to live in that and have that because we\u2019ve never really done that. We\u2019ve never really had the conversations and sat down together and said, \u201cOkay. Are we going out to eat this week?\u201d We haven\u2019t ever really felt that pain, and I think we need to feel it, to decide if it\u2019s worth it.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">[Narration]<\/span><\/p>\n<p><b><span data-contrast=\"none\">Ramit Sethi:\u00a0<\/span><\/b><span data-contrast=\"none\">[00:56:22] Let me summarize. Kevin and Sarah make over $300,000 per year. They sold their house. They paid off $130,000 of credit card debt, yet six months later, they were back in $50,000 of credit card debt. They recently committed to 12 years of a private school at $55,000 a year but they have no idea how they\u2019re going to pay for it.\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">I truly hope you\u2019re getting a chance to watch their facial expressions on the YouTube version of this podcast because the rest of our conversation is surprising and eye-opening. And you can hear the rest of it next week on the I Will Teach You to Be Rich Podcast. I will see you there.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335557856&quot;:15003381,&quot;335559685&quot;:2010,&quot;335559737&quot;:2010,&quot;335559738&quot;:150,&quot;335559739&quot;:150}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sarah and Kevin are 38 and 42. They sold their home to pay off $130k in debt, only to dig themselves another $55k hole, six months later. Sarah is worried that if she doesn\u2019t stop her credit card spending, Kevin will ask for a divorce. We need two episodes to untangle their complicated situation. Tools [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"_lmt_disableupdate":"no","_lmt_disable":"","_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[290],"class_list":["post-119139","post","type-post","status-publish","format-standard","hentry","category-podcast-episodes"],"acf":[],"aioseo_notices":[],"modified_by":"Vika DD.NYC\u00ae","_links":{"self":[{"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/posts\/119139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/comments?post=119139"}],"version-history":[{"count":0,"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/posts\/119139\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/media?parent=119139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.iwillteachyoutoberich.com\/wp-json\/wp\/v2\/categories?post=119139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}