Transcript excerpt from a Ramit Sethi YouTube interview where Ramit interviews Matt about he and Asha choosing a ‘YOLO’ spending approach after Asha’s life-threatening illness. They describe increased discretionary spending (dinners, small trips, gifts) and reflect on when that behavior crossed into problematic territory.
She wasn't expected to live. So Asha and Matt basically said screw it and decided to spend their money as if there was not going to be a tomorrow.
We went down this path of pretty much yolo, of whatever. You know, let's just be happy you're alive and let's go just enjoy life together.
What did you do in terms of the YOLO life?
We just went to dinner a lot and went on some small trips. Nothing major. We probably shouldn't have spent 100 bucks on dinner. We just said, whatever, who cares? It's just $100, you know, little gifts and probably cake or something.
I mean, I think that's. That's pretty understandable. You know, somebody just had a major sur. It's like, yeah, all right, I'll buy them a cake from the store. No big deal. When did you realize that this had become a problem?
At one point, we were. Had accumulated some credit card debt. I think it's about $8,000.
