Ramit Sethi and his partner discuss an early relationship mistake: she shared her 401(k) details with him, but he didn't reciprocate. The imbalance made her uncomfortable until she called it out. Ramit admits he violated his own rule about financial transparency between partners.
I don't think we've ever talked about what it was like to talk about money early on in our relationship.
No, we have. Not publicly.
What do you say?
Yeah, let's do it.
All right. What was it like?
For me, it was very scary to talk about money, especially with someone that I love and loved at the time. And so it was very nerve wracking for me. I didn't know how to approach it. And, yeah, it was. It was scary. That's all I have to say.
Do you remember that you asked me for some 401k advice?
Yes.
So I was like, read my book.
Yes.
But you gave me your. Your information, so I kind of knew what you made.
Yes.
I knew more about you financially than you knew about me.
Yes. And then do you remember what I asked you?
Yeah, I think it was like a year later. You were like, this doesn't feel fair. Yeah, you know everything about my finances, but I don't know anything about yours.
Yep.
And I was like.
Oh, shit.
I violated my own rules.
