Ramit Sethi reacts to a household with $197,000 in debt buying a charcuterie board, then explains why couples without shared financial planning end up in trouble. He says both partners need to coordinate on groceries, retirement, college savings, and vacations.
Hey guys, in my opinion, somebody who has $197,000 of debt doesn't have a charcuterie board. Maybe it's just me, little crazy old Ramit, but that just doesn't happen. I've spoken to a lot of people about their spending. Almost nobody goes to the grocery store as often as you do. I don't think there's a lot of household planning going on at all. Planning is actually high value. Planning is sitting down and it's got to be two people. Sure, one person can be the grocery planner, that's fine, but having a culture of planning in the house has got to be two people. And it's like everything from what's going on this week, then it's bigger things. We got to plan for retirement or saving for kids' college or taking this vacation. Planning. I don't think that's happening in this household. Am I right or wrong? You're right, right, you're right.
