Excerpt from a YouTube conversation (Ramit Sethi with a couple) where Ramit asks about their finances. The couple report a combined annual income of $133,000 and that 98% of their net income goes to fixed costs; Christine describes money as a major source of stress and notes conflict/avoidance with her partner when discussing finances.
$133,000 per year.
98%.
The two of you make $133,000 a year.
What's that number.
Next to the fixed cost? How much are you both spending on your fixed costs as a percentage of Your net income?
98%.
Is that high.
Or low or.
What does that number mean to you?
Outrageously high.
What should it be? 75%. Where'd you get that? I think Christine told it to me one time in the past. It's less than 98, I'll tell you that.
Gee, I wonder why Christine wakes up every morning feeling worried about money.
My relationship with money is stressful. It's a cause of stress for me.
And why, when she tries to bring it up with Thomas, he avoids it.
I'm done with this. And then this means what? Money? Yeah, big expenses. Paperwork, credit card dubs.
