A man worries his partner's spending will trap him in debt. They owe $379,000, have no savings, and she just spent $100,000 on a basement remodel. Ramit tells him the real problem is his own financial standards, not hers.
You're going to move in together. You're going to get married. What are we doing here?
I guess the problem is I don't agree with how she spends money. And I don't agree with how she wants to hoard money and not live life. That's extreme. I'm definitely on defense. It feels like micromanagement. Say we got married. Then I owe $379,000 in debt. My salary is not going to be able to take care of all that. We're going to be in a world of hurt. It scares me.
You have zero in savings. True. How much did the basement cost? Oh.
It'S.
100 grand. What the.
She doesn't see that there is a problem, so there's nothing to fix.
I need you to set the standard for yourself higher. I'm not here to fix you. Only you can fix your situation. Are the two of you financially compatible.