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

What you’ll learn from Money For Couples

13 Jan 2025 · 1 min

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0:54

A short YouTube clip of Ramit Sethi emphasizing that couples must communicate about money and share financial responsibilities rather than leaving one "money person" in the relationship. He stresses learning basic money language, cites statistics about low household-income awareness (50%) and poor debt visibility (90% don't know how much they owe; 95% don't know when they'll be debt-free), highlights a transformation in episode 189 of his "Money for Couples" series, and recommends using a debt payoff calculator to find the exact month and year of debt freedom.

Questions this video answers

50%

90%

95%

Episode 189

A debt payoff calculator (to determine the exact month and year you'll be debt free)

Chapters

Gotta go with Can We Talk? By Tevin Campbell, because can we finally talk about money? You got to do this together. There cannot be one money person in a relationship. It's got to be both of you operating as a team. 50% of people do not know their own household income. So if you don't know the basic language of money, how can you get excited about it? That's why you've got to learn just the basics of money. It's not that hard, and once you do, it is incredibly empowering. I spoke to Nate and Serena in episode 189 of Money for Couples, and it is amaz to see the transformation they made. The way they talk about money, gender roles, generosity. That was one of the biggest transformations I've ever seen. You know, 90% of people who are in debt don't even know how much they owe, and 95% of people in debt do not know when they will be debt free. So the number one step is to take your debt and plug it into a debt payoff calculator, which will tell you the exact month and year you'll be debt free.