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

We’re making $207k/year & near Homelessness IWT 106 OUT now!#personalfinance #financialfreedom#money

15 Jun 2023 · 1 min

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0:32

A couple earning $207k a year got a 60-day eviction notice from their landlord and can't afford first month's rent. They discovered large hidden debt, have two kids, and are terrified of homelessness. Ramit Sethi breaks down where the money actually goes.

Questions this video answers

"Two months ago." (as stated by Speaker A)

60 day notice.

They needed to run their credit score and pay the first month's payment.

Chapters

When I looked at my credit score six months ago and I was like, oh, holy crap, I'm in so much debt. We rent. So we were notified by the landlord, she wants to sell. And we were given 60 day notice. So they need to run our credit score, we need to pay first month payment. And we didn't have any money, no money. And I got scared that like, where are we going to live? Nobody will rent us like a normal place. And we have two kids. That's when I felt very scared.
When did that happen?
Two months ago.
It's interesting hearing the two of you living paycheck to paycheck, making two hundred and seven thousand dollars a year.