Ramit SethiRamit Sethi: The No-BS Guide to Living a Rich Life

Ep 80 One of the most mind-blowing examples of couples getting into CC debt Top 5 Can’t-Miss Moments

24 May 2023 · 1 min

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Ramit Sethi (host) reacts to a striking example of a couple, Sarah and Kevin, who quickly re-accumulated large credit-card balances. The clip highlights that the couple had paid off $130,000 in credit-card debt six months earlier, yet six months later carried $50,000 in credit-card debt. The segment frames this as a concerning, mind-blowing case about couples and credit-card debt behavior.

Questions this video answers

$130,000

$50,000

Six months

Chapters

Couples getting themselves into debt. And what's most concerning is when they get into credit card debt. One of the most mind blowing examples of this was Sarah and Kevin in episode 80. Hold on. Let me get this straight. What the hell? I didn't know about these timelines. 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? Yeah, Sam.