Ramit Sethi confronts a family spending themselves toward homelessness. One parent admits to avoiding the problem entirely, waiting for crisis to force action. The real obstacle isn't math—it's that they can't talk about money or trust themselves to follow through.
You are almost homeless. I don't know if you realize that. We're talking about like, I like my neighborhood. I like you to have a roof with two kids. The luxury that you want is not available to you anymore. You have spent too much money.
The thing is, I don't think about those things because I'm like, this is an impossibility, so it's off my mind. So you might as well just not pay attention and just wait until life forces you to do something. Right now, that's where we're, where we're stuck. We don't know how.
From this conversation, I'm realizing that there are a lot of kinks in the communication.
I think you're on to something.
We just lack the confidence in ourselves. I don't believe that if I set a plan that I would be able to actually carry it through.
