Mapping out your family’s spending is one of the most powerful ways to bring order to the chaos. Think of it as your financial roadmap—a clear picture of how your money flows. Whether you’re trying to save for a dream...
Cristina: Okay, so I feel confused about it. Ramit: Okay. Tell me more. Cristina: Okay. I’m going to get emotional because you’re asking me emotions. I used to be very scared about it because just like Ronnie, my family are...
Michelle: I don’t feel safe and secure with my financial life. Since COVID, we’ve actually started saving money. And we both put money in our IRA for two years in a row. But we live like we’re 25 years old....
Ramit: How come we spent so much time talking about 7-Eleven snacks but we’re over here with over $70,000 of credit card, a 69,000-dollar car loan? Michelle: I know. Yeah, I knew that was coming. I don’t even know why...
John: From my recollection, I told her pretty early on, probably immediately after dental school. I told her that I was about $450,000 in debt, totaling from undergrad and dental school as well, and that was about it. That was...
Quick answer: Most often, no, But you can make a legal case for yourself if you are choosing to divorce your spouse for financial infidelity. Financial infidelity is grounds for divorce in “at fault” states and also in a no-fault...
Dan: ****And the first thing he was talking about as I sat down was credit card debt and how to manage credit card debt now that she had $10,000 of credit card debt. And I was like, you have $10,000...
Halima: I lost everything except for my children.Ramit Sethi: Do you mind telling me a little bit of what happened?Halima: No, I don’t mind. With my first marriage, I divorced my ex-husband because of financial infidelity.Ramit Sethi: What happened?Halima: We...
Jan: Together we got the loan, and then at some point, I received an extension to increase that loan. Initially, I just applied for a small amount, just thinking this would be a good backup or an emergency fund scenario....
The snowball debt method is a powerful tool to pay off your debt. The idea is to start with the smallest balances first for quick wins. In this post, I’ll show you exactly how to calculate your snowball debt and...
