Money For Couples with Ramit Sethi - 199. “I struggle w/ cc debt but insisted on a Cartier wedding ring”

Episode Date: March 11, 2025

On today’s episode, we’re live from Boston for my recent Money For Couples book tour. First, I talk with Robert (28) and Giselle (28) who appear to have it all together, but behind the scenes, they’re struggling to make intentional financial decisions. Instead of planning ahead, they make impulsive decisions like committing $7,500 of earnest money to a new home that they can’t afford. Now, they’re questioning if they can still plan the wedding they want. Then we’ll meet Sara (28) and Jay (28) who are newly married and learning how to navigate finances together. Sara is a disciplined saver who avoids debt, while Jay is a big-picture dreamer—planning elaborate vacations without considering the cost. Sara has graciously agreed to help Jay pay off his debt, but was blindsided when Jay revealed the full amount post-honeymoon. Now, as they plan for homeownership and parenthood, trust and transparency are more important than ever. This episode is brought to you by: DeleteMe | If you want to get your personal information removed from the web, go to https://joindeleteme.com/ramit for 20% off. Fabric by Gerber Life | Join the thousands of parents who trust Fabric to protect their family. Apply today in just minutes at https://meetfabric.com/ramit. Masterclass | For unlimited access to every class and 15% off an annual membership, go to https://masterclass.com/ramit Facet | Facet is waiving their $250 enrollment fee for new annual members, and for my audience, Facet is offering $300 into your brokerage account if you invest and maintain $5,000 within your first 90 days. Head to https://facet.com/ramit to learn more about which membership option is best for you. Links mentioned in this episode • Start earning $1k on the side in 30 days—using skills you already have at iwt.com/earn1k • Order my new book: Money for Couples Connect with Ramit • Get Money Coaching with Ramit • Download the Conscious Spending Plan • Listen to my book—now on Audible • Get my New York Times best-selling book • Get my no-numbers journal • Other episodes • Instagram • Twitter • YouTube If you and your partner have a money issue and you want my help, I occasionally select a couple to work with, free of charge. Apply for my help here: https://iwt.com/apply Produced by Crate Media.

Let me share some of the coolest ways that my community has recently used money to live a rich life. One member did a month-long honeymoon in Europe after deciding she didn't want a big wedding. Another member bought a VW SUV that was their dream car that they've wanted for years. And another member made a rule that any time she buys a ticket for an event, she always buys a second so that she can bring a friend. These are just a few examples of how my money coaching members have built systems to use their money. Notice that there's no more anxiety, that they have a smooth running system.

They know when their debt's going to be paid off. They can feel comfortable spending on the things they love. They can actually spend less time on their finances while living an amazing life. In my money coaching program, members also get access to live events every month, including topics like money with aging parents and how to create amazing vacations.

That was one of my favorites where I shared how I, spend my money on travel, plus Q&A directly from me. If you want to start building your rich life today, join us and get instant access to our back catalog of years of live calls. Check out IWT.com slash money coaching to join now. That's IWT.com slash money coaching to join the program right now. Yes, welcome Boston. How do you all feel in front of this crowd? A lot of people. Are you guys here to support them? You wrote that you lost $5,000 when you were house hunting. What happened?

We left with nothing. Timeside virus is such a... What do you spend on? Food. A lot of food. Hold on. No one can spend 74% on food. You'd be surprised.

Obviously, we're going to acknowledge your TikTok and Instagram these days. No, no, no. Tell the truth. Tell the truth. Which TikTok scammers do you follow? Let me give you their initials. Is it K? Does it start with a K?

We calculated year to date you spent $3,400 in interest. Damn crowd? Yeah, you see that? Even the crowd was like, God damn. I don't even like mangoes. We were in the P.F. Chang's at the Natick Mall. This is something weird about this. Am I the only one? Do you think this is weird?

I don't know. I've never done this before. Whoa. Didn't have that on my no cards. Well, I recently spent several weeks on tour for my new book. Money for Couples, where I had the amazing opportunity to sit down with couples in person, on stage, in front of a live audience, totally unscripted. I love that energy in the room where you simply do not know what's going to happen. On today's episode, you're going to see me sit down with two couples live in Boston.

Watch what happens. Let's get to the show. Yes. Welcome, Boston. How you doing? Whoa! Love to see everybody tonight. Welcome, Boston. This is a great crowd. Well, welcome. What a great way to kick off 2025. I posted the cities that I'm going to, and I got a bunch of DMs from people. Some of them said, Boston, better be careful. I'm like, be careful. People really think it's still the departed here.

Meanwhile, you walk around southeast, 75% of people are drinking matcha. I'm like, what the hell? I really love Boston because every time I come here, I have the best conversations about money with couples. It takes a little bit of time. I got to open people up. But once I do, you really never know what to expect. And that is what we are going to see tonight from real couples who are going to do something, frankly, I would be terrified to do. They're going to come on stage and they're going to talk about real numbers, real challenges, live onstage. stage in front of all of us. That takes a ton of courage. That's why I would like for you to get on your feet and give me a warm round of applause for Giselle and Robert. Welcome. Let's see him.

Hi. How are you? Hi. Thank you. Thank you. All right. Welcome. How are you doing? So good. How are you? I'm doing great. How do you all feel in front of this crowd? A lot of people. Looks a lot different. I think the crowd is here for you. Are you guys here to support them? That's what I'm talking about. That is what I'm talking about.

Okay, so I'm curious because in your application, Giselle, you wrote that you lost $5,000 when you were house hunting. Can you tell us what happened? I was untruthful. It was $8,000. Great. Already starting with a lie. I love it.

Keep it coming. So we. decided that we were going to try it out, get a town home. We did not talk about what we were going to be doing or what that entailed. So... You didn't run the numbers. I didn't know. Why would I do that? You're in good company with the rest of America. Thanks. Go on. Yeah. So we didn't realize earnest money was a thing. We also didn't know that an appraisal and a inspection. It was a lot. And then, yeah. So you all, you got the house or no? Oh, no. So we actually didn't, we left with nothing. Whoa. Yeah. Okay. So you started the process of buying a house and then what happened to stop it?

I got a gut feeling that I'm like, this is probably not the best idea right now. We were doing too much work trying to get the house. And I feel like we're doing extra work that we shouldn't be doing. I disagreed. I kept trying to like make it work. I kept trying to make the puzzle pieces. and they just did not work. How did you talk about this? We didn't. Oh, yeah, there was. We did it. Can we reenact a conversation that you had about the house?

Sure. I really like this. I want this. This is mine. I think. Wait, is that for real? Yes. I see your family in this house.

I do. I saw the wood paneling. I saw all the things. Oh, the realtor must have loved you. Oh, so the gag is, is that she was a family friend. And I didn't realize that that was like a bad thing to do. So it was my best friend's mom. And I had no way of telling her, do you mind fighting for our earnest money a little bit?

And she did not. So it was just super, yeah, he was like. Put up our money back. Like we put this money down. I need to see something like in return. But yeah, for me it was a very different experience. So let's continue that conversation. So, Giselle, you said, I want this house.

I can see a family here. We can make it work. And then, Robert, what was your reaction? I see a new deck needs to be done. I see a new roof needs to be done. A new basement needs to be done. She wants to change the master bedroom. She wants to take out all the carpet.

So I'm like, if we're doing all this, we might as well pay for a house that has all this stuff already. And we're putting more money into the house. And so I didn't think it was a good idea. The basement flooded on our last day of the due diligence. And I was like, but we can make it work. Oh.

I know. Okay, so what do you think about, now that you're hearing yourselves talk about that, I know. What do you think hearing that conversation playback? Yeah, it's embarrassing. But hindsight bias is such a... I wish I listened the first time

because we probably could have stopped at the $5,000 instead of keep trying to make things work. I think we ended up paying for the deck as well. So that, I wish we spoke about things sooner. Okay, for me, the biggest thing was I probably should have brought it up earlier in the whole conversation that we probably should be looking somewhere else or take some time to really figure out what we want to do with this. What roles do you think you each played in this conversation?

If you had to name the role that you each played, what would you name it? I think I'm more of a dreamer. And I think that I'm, it's odd because I'm a dreamer. I'm like, oh, we can do this. But at the same time, I'm like, I'm scared to talk to him about anything when it comes to money because I just don't want to nag him. So my idea of doing that is just saying, let's just go for it. Let's go ahead and dive in. Because being conscientious about your money equals nagging?

Nagging and stress. I don't want to stress him out. I already stress him out so I don't want to stress him out more. The thing is she doesn't stress me out. Oh, thanks. I don't know if I'm just like, I'm very easy going in my opinion. opinion. I think I'm an open book. If she wants to talk to me about it, she can, but I feel like for some reason, well, I notice now that she doesn't always come to me with the money problems that

she might be thinking about or have questions about. And what was your role if you had to name it, Robert? For the getting the house. That conversations that you had about money, how would you name your role? I'm a listener. I mean, I let her express what she feels. I give my two cents on it, and then we kind of try to make a decision from there. But I guess, conversation doesn't come up until she brinked it up, and that's probably where part of the issue comes from. Yeah, I think that's probably accurate. Okay, that helps me understand what's going on.

Shall we take a quick look at your numbers? Sure. Okay, thanks for supplying them. Let's take a look here. So let's quickly look what we have here. Assets, 32K, investments 75, savings 52, debt 30, net worth $129,000. Nice. Gross monthly income, $25,000. Wow, good job. Give it up. That's great.

Nice work. What the f*** your fixed costs are 26%. Is that for real? I think so. That's pretty low. She knows more about this than I do. Trust me. Okay, hold that mic up to your mouth. Right. Yeah, right up close. 26% is one of the lowest fixed costs I've seen, just so everybody knows, typically the fixed cost. are between 50 to 60% at least that's a, in my opinion, a healthy number. 26, very low. In part because you have a very high income,

but probably, well, there's some other reasons. Let's look. Oh, investments are at zero. Okay, that explains part of it. Savings at zero. Okay, Guilfrey spending at 74? What? What do you spend on?

Yeah. How much food? I like to cook. I cook a lot. What kind of food do you guys eating? All right. We eat out a lot. We do.

Hey. We eat out a lot. Hold on. No one can spend 74% on food. So, you'd be surprised. I will say. Now that's the kind of answer I like.

What else? Travel? We do travel a lot. We travel and then we eat when we travel. Okay, okay. It adds up a lot. Okay. Well, it's interesting.

Looking at these numbers, does anything jump out to you? We are very, very blessed to know that he has. he had asked me to sell my car recently. So the asset was at a true 19,000. And that was really hard for me to do because logically I was like, oh, I can afford it. I'm good. I can have the company car and I can have my personal car. Stupid. So no payment on the transportation, which is good. But I would love to re-put that into my student loan debt. Because I'm kind of holding us back there. But his idea is some debt, is good. Let's talk about that. Yeah. Some debt is good. What kind of debt is good?

So I've always, obviously, we've got to know how to TikTok and Instagram these days, so. No, we don't. We're talking about me. No, no, no, tell the truth. Tell the truth. Come on. Which TikTok scammers do you follow?

Come on, tell me. Let me give you their initials. Is it K? Does it start with the K? Oh, I already know this guy. So somebody told you that having debt is good? I was always on the US. under the assumption that, you know, having your credit card bill being a certain percentage

helps you build your credit. Okay. Hold on. I've always wanted to meet someone who believe this. Yeah. Thank you, God. Okay, now I get to ask some more questions. Okay.

So having debt helps you build your credit, credit score, and then what? What do you get from that? Assuming you can get more with your credit being higher, but... You can get more. what? Debt. Yeah, you get more debt. Wait, that's the question. So what's the end goal? You have credit card debt, it builds your credit score, and then what? Like you're talking about the 30%, right? He thinks that it's good to have, he's told me multiple times, like, no student, like when we were getting the house, the mortgage person was like, oh my God, that's great. Do you want to use your 401K2

to like add towards the, and of course he said no, no. Your broker? Who did this? Yeah, the real or the loan officer? It was both. It was both. Okay, I got a couple lessons. I need to lay down the law right now. First of all, never take financial advice from a loan officer or a realtor. Ever! Ever! Now, I can't say that about TikTok because I am on TikTok. My account's not that good, but I'm working on that.

Robert, do you have credit card debt? Yes. How much? Probably like 15,000 total. All right, so you all make a $300,000 income. Is that right? That just sounds so much. Yeah, we do, I guess. Have you ever, wait, did you know that before you came here? No, I did not.

What did I tell you guys? 50% of the people I talk to do not know their household income. Here you go. All right, that's okay. It's very common. Did not know. No. That's because, why? Explain for everybody, because a lot of people like, how can you not know your household income? Yeah. Tell us.

It is hard to talk about, like, even just bringing up his credit card statement for coming. before coming here, it was hard to ask him. Can I get a look at that? Because I feel like there is a nagging sense. Why do you have to ask him to get a look at it? Because it's, I feel like I don't want to pry. Why isn't he providing it instead of you asking? Because, oh, oh, I don't know.

Robert? Yeah, that's very true. I don't know. I think my person, personality always has been like. If you need something. Let him answer. Sorry.

Okay. Picking up what she's not saying. Like, if you need something, let me know, then we'll get it figured out. But I guess I never go into the conversation first trying to provide the information she's looking for. But I can't read her mind, though. So I don't know what she wants all the time. I like that.

It turns out what she's looking for. Well, I don't know that I buy that. I mean, okay, you can't read her mind, but you're all talking about buying a house, right? It would seem to me that talking about things like debt, credit card debt would be first. That should have been came up probably, yeah. Robert, do you know how much your credit card debt is costing you in interest alone? Probably roughly, like $200 to $300 per month.

Per month? Yeah, that's about right. Let's take a look. Before we hear how much Robert's credit card debt is costing him, let's take a second to support our sponsors. Just guess the average wait time to see a doctor in the United States. I'm not talking about a specialist, just a regular standard family doctor. Do you think it's a week, two weeks? Nope, it's over 30 days.

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Now let's get back to Robert and his credit card balance. Do you know how much your credit card debt is costing you in interest alone? Probably roughly like $200 to $300 per month. Let's take a look. 24 we calculated In fact, I think you sent this over to us Your year to date From the full year, you spent $3,400 in interest Damn crowd

Even the crowd was like Yeah Thought you're with me I like the chair So here's a couple lessons I take away What do you take away from this by the way Of course, don't have credit card debt with a $300,000 income.

It makes no sense. Yeah. Okay, that's number one. But there's, to me, a couple more deeper lessons right here. What do you notice? Communication is a big part of it. Yeah. And embracing that conversation might be uncomfortable, but trying to figure out a way to do it.

Yes. Love that. Meaning both of you. Yeah. I can't just be one. Yeah. Right? And if you feel like, I don't love the word nag because it's so gendered, you never

heard a guy being like, I feel like a nag. You know? Never heard that. Yeah. So when, when you. You feel that there's like this nagging word. To me, that's actually a sign that let me step back and re-examine the dynamic. Let me take one step up.

Am I asking questions? Like, why am I even asking this? Shouldn't he be coming with it? Okay. So there's that. And then the third lesson I learned is don't take financial advice from TikTokers. No. Wild.

Okay. Robert, you said you're pretty easygoing. I think you described yourself like that. Yes. You mentioned you travel. When you travel, who plans the travel? A mixture of both of us. Depending on, yeah, the type of trip. If it's probably more out of the country, it's more me.

If it's more adventure, like activities, it's probably more her. These conversations you have about money, you mentioned that you're an open book, and what was that phrase you used with her? I think you said something about, ask me whatever you want. Oh, yeah. I mean, I feel like I actually can ask me whatever she wanted to, and I would give her the answer she's either looking for or wants to hear or... Okay.

Not the answer she wants to hear, but I'll give her my honest answer. Let's try that right now. Robert, I'm here. We got plenty of time. Ask me anything. Ask me anything. No, no, no. Literally, Robert, ask me, Ramit Zayt, anything.

Yeah, ask me. Go ahead. What do you have for breakfast today? Oats and fruit That's it I mean like Any money questions

Ask me anything Yeah oh my God I want to Let him do his thing Let him do his thing What would be your advice For why I should Cancel all my credit card debt right now

You're paying Over $300 or so per month Nobody who has a $300,000 income with a 24% fixed cost should have credit card debt. The money is literally just being wasted. And more importantly, you're playing small. Y'all am I next today. Okay. So I want to, I want to, I want to, you feel the energy kind of shift

when I said like, like, ask me anything? What did that feel like to you? You're not accepting anything. You're kind of just, I'm just here like this. All right, what do you want? Let me know what you want? I'll tell you anything. Like, ugh. Yeah. It feels, it doesn't feel good to you. Offensive, kind of. Yeah. Anyone else feel that in the room? Yeah. And it's kind of, and it's kind of, Kind of like flip it. Whatever. Ask me. Yeah.

And then I use these identities. I'm an open book. Just to say you did it. Yeah. Gotcha. But what would be a better approach instead of me saying, ask me anything?

What would it be? I would like to talk about this or? Keep going. I love that. When you have a moment, let's discuss these things. Yes. Amazing.

You know, I have a confession to make. I, I myself, have struggled to connect with my feelings, especially as a young guy, Indian guy. We're not taught to talk about our feelings. If you had asked me at the age of 22, what do you feel about X?

My response would have been, I think, dot, dot, dot. I literally could not answer words about feelings. Let's actually hear from the guys in the crowd. Any other guys have that. Let's hear it by a round of applause. Have any guys struggled to connect with your feelings ever? Yeah. It's a tough thing.

It's tough for all of us, but I think especially for guys. I think we use a lot of techniques. Sometimes we say, like, ask me anything. I'm not holding back. But that's not connective. And I think sometimes that's why you get these reactions. Giselle's saying, you know, like, babe, or like, I feel like a nag. But if I'm reading correctly, correct me if I'm wrong,

I think what you're saying is I'm not connecting with you. What do you think? I think you're right. Okay. Have you ever said that to him? I'm not connecting with you? No, my gosh, I love him. No, I would never.

Wait, you could love him and not feel you're connecting. It's hard to like, for me at least, it's hard to critique him on, because he's doing so well. Like the money that he does bring in is so great. So I don't know why I don't do that. It's a good question. I don't think that. I don't think that asking questions is a bad thing of a partner. I don't think giving honest, loving feedback is a bad thing.

And most of all, what I hear is that the two of you right now are independent. Like you're in your own corners. I want this house. I don't want to do the deck. What would it look like if you had a different dynamic? Probably come to a solution a lot faster. Faster, yes. But would you just do it independent?

and come up with it faster? I think we'd be more accepting of it together. Yeah. Maybe as a team. Yeah. What do you think? How do you mean? Okay, check it out. When you went to get the house,

it was one person saying, I want this, and that person was kind of like, like this was their body language. Yeah. And then the other person was like this. Yeah. That's that body language. That's right.

And then you kind of just hashed it out. Yeah. Right? And you each got entrenched in your corner. Like you were both pulling a knot and it was just getting tighter. What would it look like if a team did that? Huh. Okay.

I think we should get this house. I can see us doing this together. Yeah. You would be involved, Robert. You'd say, you know, hey, that sounds real. I love that you're thinking about. I love that you're so family-oriented. You really have a vision for us.

My concern is there's a lot of work to be done. I don't have a lot of free time and it concerns me because I don't know about the money I wonder if we could sit down together and talk about this and really look at some numbers together right? That's the beginning of a team now I understand the two of you are going to get married soon

is that right? We just got engaged. Oh, congratulations. I love that. I love him so much. Congratulations. Okay, let's apply what we just talked about. about to your wedding. Do you have a number for the wedding?

So, I don't. Okay, that answers my question. He knows nothing. That's fine. Okay. We were, I think, 30, because we have savings, but. Oh, that's the same number everyone comes up with. It's so funny. It sounds good on paper. Somebody, everybody, so like so many couples, this is the common number, 25 to 30, or if there's these common numbers that float around. in personal finance. No one really quite knows why, but they are ubiquitous. You ask somebody how much are you planning to spend on a vacation? Almost nobody plans a vacation number and they just go, $5,000. I was just going to say $5,000. Bingo, $5,000. It's like November 5,95 from Back to the Future. We don't know why, but like everything cosmic happens that day. It's the same thing for weddings.

Yeah. So you all make $300,000 a year. You're going to be debt-free tomorrow because you're going to pay off that credit card debt. But it's funny that you picked a number that so many other people of all different incomes would pick. So before we get into the number, maybe we can talk about how you're going to decide on the wedding. Right now, how do you feel when you think about planning a wedding? One word. Accountable. Tired. Right.

Okay. Tired. Hold on. Does anyone resonate with those two comments? Okay, wow, lots. All the married couples are like, ah, I got you, bro. When I proposed and we got engaged, I talked to a lot of friends, married friends. And I was like, what was it like to plan your wedding? And a lot of people said a lot of things.

A lot of dudes kind of bond over like, oh, my God, this is going to be nuts. all this stuff. All I care about is the alcohol. And my brother-in-law, my brother-in-law actually said something I never forgot. He said, that was the best year of our lives, and you're going to have a blast. And I remember that.

And Cassandra and I and my wife, we talked about it, and we decided together, this is going to be the best year. So we made that intention. And that was just the beginning of us connecting over probably what's the biggest project together. far. So if you did that, if you did that for your wedding, one thing that we did, which I'd like to share with you, is we had an infinite number of things we could have chosen from. You know, like you're looking at venues and dates and flowers. It's overwhelming. Yeah. And so we created some

core values for ourselves, things that would help us cut through, just like money dials, the things we love, but for our wedding. So for us, our first was relationships. And, that meant that if we were deciding between nicer flowers or flying somebody from India, it was no question. That was a done deal. The decision was made for us because that's our number one value. And we discovered, you know, like the people who came from out of town, we left little handwritten notes with pictures of all of us.

That was free, but it was really meaningful to us. So it helped us decide what we wanted to do and what we didn't. What would it be like for you? what would be a couple of core values for your wedding? Family, I think, is a big part of it. Great. I'll say it. Money.

I don't want to spend too much. My thing has always been this is the wedding for me is more to see her happy and see our family bond and unite. But I never want to go into a wedding thinking that, all right, the day after, or we just had a lot of money to go down the drain now because now it's all over. Well, you are going to have a lot of money. money go away. That's okay. You got a lot of money go away after you bought those beautiful pants. There's no problem. They look great. They are nice. I got them. The question is, are we,

okay. The question is, is this important to us and can we afford it? Nobody's telling you to go into debt to have a wedding. Okay, what I'm at, and in fact, I never start with cost because it, it constricts you, it narrows your field. What's important to you? Family? Family. Yes. Okay. And is there another one? Family? What else? Experience. I don't want...

What's that? It's silly, right? I'm like, oh, I care about the money, but I'm also like, everyone drinks, everyone has a great time. I don't want anyone to like... That's too broad. You've got to narrow it down.

Family is good because you can be specific about that. Experience could be applied to literally anything. Maybe venue. Okay. Yeah. Okay, great. Venue is important. Yeah.

Okay. Like when we got married, because we spent more on family, I remember we were talking to the chefs about the food, and Indians love mangoes. Yeah, so they were like... 5,000 on mangoes. Yeah, and well, you see my reaction why I'm, like, so bitter about mangoes

because my mom was like, we must have mangoes. And then I'm, like, looking at the chef, and the guy slides the price sheet over. The mangoes cost $3,000 for this wedding. I was like, I don't even like mangoes. But that was an easy decision, because family was important, mangoes were not. So that's how we make that decision, right?

Same for you. If family and venue is important, that's how you make that decision. Do you feel that with two or three core values, you can make a good decision for your wedding? Yes, I do. Okay. Giselle? Nervous?

I don't know. Okay. Yeah, I don't know. I don't know if that. I hope it does. Okay. You think you can do it together? I think we could do anything together.

Yeah. Love that. I do. I love that. I do. And do you think you can have fun doing it together? Yes. I do think so.

I love my answer. All right. Well, I want to thank both of you for coming out. I wishing you the best of luck. Thank you so much. Keep me updated. Thank you so much. Thank you.

Thank you. Thank you so much. You guys. Have a good. Thank you. Let's give it up. They were awesome. Before we meet couple number two, let's take a quick break to hear from our sponsors. This episode of Money for Couples is brought to you by Wild Graeme. Do you have someone in your life who always tries to one-up you? Like if you bake a cake, they'll ask, hey, have you tried using hand-milled flour because it just tastes so much better. You know, I prioritize my help. Hand-milled flour. Do you think I have time for that, Amanda? No. Thankfully, we don't need to because any of us can still have delicious baked goods and pastas

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M-E-E-T Fabric.com slash Rameet. Policies issued by Western Southern Life Assurance Company, not available in certain states, prices subject to underwriting and health questions. Now let's get back to the live show and meet our second couple. All right, that was awesome. You know, I've said, well, first of all,

think about the courage it takes to come out here and share that kind of stuff. That is, I don't know what it is. There's something about money that when you say it out loud, Sometimes you hear yourself and you can feel silly and you can feel embarrassed. But to me, I heard them saying things and I heard so many people out here saying like, oh yeah, that's like, we've done that.

We've all done something like that. We've made big decisions. We didn't look at the numbers. We didn't talk about it in the way that you might. That's human nature. And now we are ready to welcome our second couple. Please get on your feet and give a huge round of applause to Sarah and Jay. Let's hear it.

All right, welcome, welcome, welcome. How are you doing? Thanks. Hey, welcome. All right. How's it going? Hi. It's going good.

How you feeling? Excited, happy to be here. Okay, this is a great crowd. Yeah, we could tell. We could hear you all. Who applied to be here, just so I know. I filled out that application form, but I did ask Jay before.

filling it out, and he did say yes. That was all Sarah's idea. Oh, okay. I actually have to give a quick shout out to my boss, who's somewhere in the crowd I don't know where, but she was the one who got me into your podcast and then also like screenshoted the Instagram story of we're looking for couples for live on stage and sent it to me.

All right, shout out to the boss. Thank you very much. Okay, I want to know when was the moment where you both really decided to get serious about money? We got engaged, and there was a big turning point where she had only known that I have, like, a lot of debt, but there wasn't really a number on it. She just knew it was probably more than 20,

less than 20K, less than 100K, like very... Yeah, yeah. I did assume that. Yeah, I did. But we, one day we really planned to like go out to lunch and do some back of the napkin math. We had like now I have the terminology thanks to you, Remy. Like definitely it was a money date,

but at the time we just didn't know it was a money date. But it was. I kind of just showed my cars and told her how much I had in debt. And it was around 30K, I think, in a mix of credit card debt and school loans. Can we just recreate that conversation right now? It was actually awesome. Tell us. What happened?

We were in the P.F. Chang's at the Natick Mall. And we like planned, I don't know if we planned to go there specifically, but we planned to like sit down over food, not at home and talk about this. And we got there and I was basically literally with a napkin like, okay, like line it up. Let's see it. He took a few minutes. And then it was all out on the table, literally. Yeah, I shared my phone with Sarah, and we kind of went through all my apps, like the Discover app, the City app, the Chase app, Sally Mae. And I kind of just showed her the grand total. And Sarah, what was your reaction? I was just, I mean, I was really happy to hear it.

I definitely am one of those people that, like, knowing this information was not anxiety-inducing to me. Like I said, like I knew that he had debt. before this conversation. But for me, it's like, if we're not doing anything about it, if we're just letting this sit here, that's what's causing the anxiety. So for me, knowing kind of what was ahead of us, and I forget if it was in that same conversation

or maybe like a few days later, Jay and I did like then sit down and we're like, okay, what are we going to do? How are we going to tackle this? What are our deadlines? When do we want to get this done? What needs to come first? And that felt awesome.

Like, it was really, really great. I love that. Who drove that second conversation? I believe it was, Sarah, but... I don't know a lot about like credit cards and debt.

So I can also only drive that conversation so far, I feel like. So it's funny to hear you say that. I would have said you. Well, we needed to talk about it because we already started rolling the ball and I knew like it was important to you too. But that day that we were at P.F. Chang's was a big turning point because

I didn't... She didn't react the way I thought she would. You thought she was going to be really negative about it? A little bit more negative than she was, but she was actually really, like, accepting and loving, and it didn't change how, like, I thought she felt about me versus my dad were separate things. I was fired up. I was like, cool, thanks for telling me.

Now we can get to work on this. I'm like, what are we planning next? vacation? First of all, I love that reaction. And I love the way you describe it, Jay, very accepting, very loving. I think that we all have a history, whatever it may be, relationally, financially, whatever. And there's a lot that, you know, people make mistakes, people do things with money, they make certain decisions, and doesn't leave an indelible mark, we can change those things. So I love this dynamic. Did you pay off the debt? Yeah, most of it.

Yeah, most of it. So since that point, we made a game plan. And it worked. And it worked. And I'm down to like, like, $3,500. Oh, good job. Whoa. How'd you pay it off?

Jay definitely paid off most of it, but we did divide and conquer. Like I said, I forget if it was during that same conversation or shortly after. That conversation happened. in July, 2023, and we already knew that we were going to get married in June 2024. So a lot of our deadlines that we kind of created for ourselves were before the wedding or like, literally like the week before the wedding. We're like, we're going to. So how did you pay off the debt?

So that's kind of her to say that I took care of most of it, but it started with a big chunk of her savings to help me out. Huh? You two were unmarried and you, and what? We were engaged. Okay, you were engaged. And so you found out he had debt. Your fiancé has 30K of credit card debt. So then what was your reaction? Well, it comes first. What's good? What are we doing? Meaning I, Sarah, am going to pay off how much of this debt? Yeah, I think the way I saw it was like, you know, we've already made the decision to get married.

We were those people who like decided to wait a year after being engaged to like be able to plan the wedding. but we could have walked into a courthouse that same day and just got married. The way I see it is like his debt is my debt. My savings is his savings and vice versa, by the way. So I was just like. But the actual math for it was we said how much per month can we contribute from now till the wedding. And we added that up. And then she kind of gave me the difference.

And I think you only get, not only, you gave me like six grand. and we worked towards the rest of the other 20-something together. She, like, matched my savings pretty much. Yeah, I basically matched it from there. Okay. All right. What do you all think of this? Wow.

Thanks. So, wait, there's like scattered support. Is that a fair description? Are there people who are like, this is something weird about this? Am I the only one? Do you think this is weird? I don't know.

I've never done this before. Okay, so just so I understand. Okay, so P.F. Chang's this memorable meeting. You then talk about it again. You make a plan. Whatever you're paying off, you're doubling or matching. Matching. And the debt goes from 30K down.

Correct? Is that the direction it's gone the whole time down? No. Oh. There's down and then flat line, maybe up. a little and then down again, but the overall trends. What's the up part? Why does it go up?

We had some trips and we had our wedding, which was this past year. How much did the wedding cost? About $40,000. Okay. Most of that my dad paid for. Which was, we knew that going into it. Okay. Still incurred expenses for like my tucks and the bachelor party.

His ring. Okay. His ring? What? What was that? Like, this ring? Yeah, my wedding band. Okay, okay, all right, fine. Designer wedding band, I guess.

Yeah, I'm like, my wedding band was like, not that expensive. Neither was mine, Rameet. Whoa. Didn't have that on my no cards. Wait, sorry, to clarify. Just tell us the numbers. Now, I have to know. We each bought our own wedding band, like, with our own.

money. Mine was like $500 at Macy's. Yeah, okay. And? I got a Cartier. What the fuck? Hold that thing up. You might as well show it off now. Let's get in tight on that thing. Beautiful. What is that? Let me see. All right. The love ring, you know. And how much does that cost? It's like a little over 2000. Whoa. So how do you decide like I can afford a $2,000 ring for myself? When I have debt. I'll have the money and then I'll pay it off. Like everything will be okay.

Keep going. I don't go completely blind into it, but I try to do some rough numbers. And I know that if I purchase it on the credit card and I have like $1,000 cash, but I know I'll have the rest later on with the next paycheck or the paycheck after that. And does it work? It doesn't work 100%. I'd say every four times it works. It catches up.

This is like that arrested development cartoon. It's like, is it going to work? It never works, but it could work for us. Yeah, it always catches up and other things come along and I never have enough at the end of something that I thought I would. So Sarah has to come along and save the day. Sarah, how do you feel about that? It makes it hard.

I think I trust Jay with like 99% of everything, including with our finances, but this is the thing that's making it so that I don't feel like I can trust him 100%. Yeah. Because he, I'm so excited to talk to you, Remy. Like I really, I feel like we talk, we do talk a lot about money and our own backgrounds. We come from really different financial backgrounds and psychologists. And so we talk and talk and talk about it. And I still, sometimes he's talking to me about his money. And I'm kind of looking at him like, how is that mathing up in your head?

Like I just don't understand. So it makes me feel confused, honestly. Okay. Confused. Can you tell me a couple other ways that the debt and not just having debt, but going back into debt, how does that make you feel? Confused. What else? Confused.

Counterproductive. or like if we're ever going to for real get out of this, it's going to be, it's going to need to be my money. So what would you say, what's the feeling? Nervous. Nervous, okay. That's it, nervous? It's like a middle, are you, are you angry?

I don't live sleep over this, I don't know. You don't sleep, are you angry or no? There have been times where I felt angry. She's been angry. There have been, I can literally remember them, like two occasions where I was, so angry. You tell him? Oh yeah. I'm not, he knows everything. Those conversations usually start with me being like, hey, I just want to let you know maybe like we can't go, we shouldn't go out to

dinner this week or for the rest of the month. Because I just, I don't have that much money this month. And I'm like, how do you not have money this month? Like you make money every month. Why would you not have any? Yeah, that's. I'm more. like I kind of allocated already to stuff I've already bought or to going out to drinks or something that I've already spent money on. So then the whole conversation would really come to fruition about, well, how much do you owe or this? And it'd be a few thousand here sometimes. And she'd be like, well, how did that just how did that build up? And I'm like, well, I just had my bachelor party and I spent a little more than I thought it would be.

So you mentioned that Sarah saves the day. What does that mean? Well, whether you want to say now that we're married, our money is one. And we do see it that way. A lot of our net worth came together really mostly from Sarah's side. So her savings are a lot more than I really don't have that much savings. Okay. Do we have that CSP?

Did we show that already? Let's take a look. Before we dive into Sarah and Jay's numbers, let's take a quick break to hear from our sponsors. I spent over 20 years fine-tuning my core message from I Will Teach You to Be Rich, of living your rich life, which is why I was so thrilled when Masterclass reached out

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That's 15% off at Masterclass.com slash Ramit. masterclass.com slash Rameet. Welcome back. Let's keep going. Let's take a look here. Assets 15. Investments 43. Savings 33.

Debt 3.5. That's the debt. Credit card debt. All right. Net worth 87. Gross monthly income is 12K. And fixed costs are 48%. That's really good.

That's very low. That's good. 58 er, mine and 38ers. Wow. Okay, I understand. So these are blended numbers. Great. Investments at 17%. Who's investing more? We actually, as of recently, both invests the same amount. Excellent. All right. Savings are at 7%. And guilt-free spending at 28%. What do you think of the numbers? I think they're like an accurate reflection. I would say, Actually, at the end of the month, I think our savings is usually higher than 7% because it's usually me who's contributing, well, it is me who's contributing to savings, like 100% since his fixed costs are higher than mine.

And then basically any money I have left over from guilt-free that I haven't spent at the end of the month, which honestly I usually have, like nine times out of 10, I'll just dump it into savings. Yeah, okay. So what do you all notice from these numbers here? Just by a show, thumbs up, thumbs down. or thumbs to the side, just based on your quick evaluation of these numbers. Let's just see what people put them up high so I can see it. We have a lot of thumb.

Look at the crowd. A lot of thumbs up. I agree. The numbers themselves are pretty solid. Let me tell you why, this is just my rapid opinion seeing these. Income is solid, but what's even more impressive is your fixed costs are low. Your investments are really good. That's great.

and savings are artificially low, but even if they were, that's fine. And your guilt-free spending, it's probably artificially high, but even if it's not, that's still within parameters. So overall, I don't have any issue with the numbers. What do you think the issue is? Need more guilt-free. That's the issue, but not in the way you think. Try it again, Sarah.

What's the real issue here? I can't speak for Jay entirely, but for me, the issue is that we're both really open when it comes to having these money talks. I love when we have them. Making the CSP was really easy. But like I said before, I think sometimes Jay just talks about the way he manages his money, and I'm really sitting there. Like, I hear what you're saying, but I don't understand how you got there. I really can't reconcile what you're saying right now. That's pretty much how it goes most of the time.

It's usually for me, my guilt-free spending category, I don't really have, I feel like I need to better manage that and categorize that into what I want to save for for our next trip and what I am okay with spending on coffee every day or to knock over. Jay, what did your parents teach you about money? Save. Yeah?

Growing up, they saved everything. Okay. Did they have a lot or no? Well, they had a lot of kids. I'm one of seven. And my parents are immigrants and didn't come too much to this country and they raised us and we never, we never,

really went on vacation too much. We never really ate out. I related to you on that story about appetizers. I didn't really know what appetizers were until I was in my later teens. But yeah, they were really disciplined. And they were really disciplined. They paid off a 30-year mortgage in 13 years for their first house. I feel like you're not giving them enough credit to. Jay's parents came from Central America in the 80s and they didn't come here with not a lot like they came here with nothing and then they didn't speak the language

and they had a lot of kids like the fact that they were able to do that is insane. Let's give it up. Respect. Did they say no to you when you were a kid? Yeah, all the time. Okay. Okay, that's interesting.

Where did the no go, Jay? Like in your spending I think when I started working when I was like 16 and started having my own paycheck. I started to buy my own things and feel like I was in control of money. But my mom would be like, save, save. Here I'll help you open up a savings account. And I'd put some in there, put some in there, and then take some out and do things with like friends and try to keep up with what other people are doing.

And I think it just went on too long into my early 20s. And I never got a good relationship with saving money like my parents did because I was really blessed. Yeah. What do you do for work? I work in hotel management here in the city. Okay. And does that affect the way that you see money?

Yes, I think so. I've been in luxury hotels actually since. 2019 and I've seen a lot of the lifestyle people live. And I think it's not that I want to copy them. I know I don't have a net worth nearly close to theirs, but the lifestyle that they are around, the nicer spirits that they're familiar with, the familiarity with all of it,

I think I always wanted to keep up with that, even though it's nothing to keep up with. But it made me feel good. Yeah, I think we all can understand seeing something that you grew up never having access to, and then you start to touch it and taste it, and you go, I want to do that. And I think the truth is, if you wanted to try some nice drinks, you could. But I can see how part of the way you grew up with money affects the way that you treat money today. Sarah, any surprises in what you just heard?

No, I think I know all of that. I feel like, yeah, almost feel like kind of what I said about your parents too. Like you almost downplay the situation. Like it really is, it does make a lot of sense. Tons. Jay also went from, when Jay moved out of his parents' house, he went directly to work in a luxury property in the Hamptons. And then from the Hamptons to Aspen.

So he's seen like not just. oh, a little bit of wealth here and there, but he's been exposed to some. It's like, yeah, you went from one end of that economic spectrum to the opposite end. And like, I was living in those places too, and I was like getting paid pretty good. And we, you know, industry people like to go out and have a good time. And I was just going out all the time spending a lot of my paychecks in those destinations kind of hanging out with, or thinking I was hanging out with, um, with, with, um, with, those crowds. So what does this mean for your relationship when it comes to the finances?

What do you think? Sarah? This is like the first time this has ever occurred to me. So maybe we have different values in a way. Like we're kind of chasing different dreams in a certain way. Okay. Describe them. Yeah, like it didn't even cross my minds to even look at Cartier bands. Like, and it never would have crossed. It probably, I don't know how much money I'd have to have in the bank to feel comfortable doing that. But last year, was not the time for me. So yeah, sometimes to hear Jay talk about these things. It happened today. He mentioned some clothing brand that I was like, I don't even know what you're saying. Which brand? Just spit it out. I was talking about Loro Piano.

Oh, just the most expensive Italian brand out there. Okay. I didn't know what he was saying. Okay. All right. So I think probably you do have different values on money. Can you describe your values in a word or two? What might they be? Security and freedom. Great. And Jay, what does money mean to you? Those are good words.

No, I would say... Maybe we do have the same ones. Maybe. No, those are great words. Security, I would 100% agree with. And the future, I'd say future. I don't know if I believe that. It's a word.

I just don't believe it. It doesn't map to your spending at all. What does it actually mean to you? Not what you think you should say, but what does it actually mean to you? Laurel Piana is not about future and it's not about security. If I can help you out, I feel like it's also freedom. No, no, no, no. That's one of the challenges. It means stability. Okay, keep going. Necessities.

Yeah, what's that on your finger? Luxury goods. I don't know. I think you like nice things. Yeah, I like nice things. Nice things. How come everyone is suddenly nodding their head? Like, yes. There's nothing wrong with liking nice things.

I'm not here to tell anybody to stop buying anything. That's not my job. But do you think that the numbers that you have allow you to afford things like ultra luxury clothes, etc? No, they should definitely limit them. or find other nice things. Or work towards them in the future. Or work towards them, yeah.

And part of the reason that maybe you are able to spend on those things and spend that way is, Sarah, what do you think? I think I provide maybe like a subconscious security blanket. Yeah, keep going, it's not subconscious. Okay. You literally matched his payoff. Security Blanket and

I think also I think I actually what I do a lot is provide the voice of reason like almost play his conscious conscience I'm definitely the one being like why would you do that

tell me how you're going to do that do you have the money for that and I'm not ever like show me the numbers if he says yes my work is done but he doesn't often say yes can I make a suggestion perhaps the dynamic you're playing is entirely the wrong dynamic.

Because sometimes in couples, we've seen it frequently, we have one who chases and one who avoids. And the more you chase, what does the other person do more? Avoid more. Yeah. Again, it's like tying a knot. It could just get tighter and tighter. And sometimes we have a variation of that.

We have this parent-child variation where one person says, that's not a good idea. And the other person says, but I want to do it. And the solution is not to just both of you become more entrenched. It's actually to step out of that dynamic entirely. What do you think it would look like if you both stepped out of this dynamic that you are in today? I think before coming tonight, we've already took a big step into that direction. We talk about it.

We have money dates. and we talk about it. Did you make a plan? No, we were waiting for this conversation. Oh. All right. I understand that. Well, let's just do it right now.

Okay, so we're going to make a plan to change this dynamic. So first off, the person in debt is responsible for paying off their debt and making the plan. Jay, what's the plan? The plan is to pay off that $3,500 by June, I believe. that's included in my debt payments. Okay, I like that. First of all, round of applause for anyone who knows their debt payoff date.

That's very rare. Love that. And is that money coming from you? Yeah, that's part of my fixed costs. Okay, great. Personally. Is there going to be any other unexpected expenses, like discretionary expenses,

things like that you're going to make? Why are you looking at her? The answer is no. I don't know. But it's funny because there's a lot of potential for it, but I'm not going to let it happen. This is where I need you remit.

Why are you talking like you're disembodied? There's potential for somebody to charge my credit card. What? No, literally, like, that's sometimes the way Jay talks about it, and I'm kind of like, well, why would that happen? Like, what are you going to buy? Can I give you a suggestion?

So when you're doing that, you are playing the voice of conscience, and that's the wrong approach. Because when you say that to him, what's his response? Oh, I don't know. Like this happens to me a lot. Sometimes I don't even realize it and then it happens. It's this.

Blah, blah, blah, blah, blah. And I'm not, I'm not blaming you. It's just that you're both in an automatic pattern. You're both playing your roles and these roles are not serving you. So maybe another suggestion is something like this. Jay, I noticed that when you're talking about spending over the next six months, you have this debt payoff plan. It's so impressive you have that.

But you just said, who knows where my, money may go. What do you mean? You're talking like it's not your money. Hold on, let Jay answer. Let Jay answer. Jay? I think it's because there are things that I know we want to do together, such as travel, and when sometimes I just don't have, we don't even have a figure or a number or a goal to save up for it. I'll kind of just think about it and not really plan it out and be like, yeah, I should probably be, I should probably be able to afford that by then.

Yeah, I understand that you, and that's part of what has got you in that amount of debt and has kept you kind of, you know, going like this instead of just straight down. It's this almost simplistic way of looking at money. I make X dollars, I'll take half of that and put it towards this, but you forget about all these other things like taxes and expenses and all these things that are already pre-committed. I get it.

That can work for a while when you're young, et cetera, but the two of you are now married. I'm trying to build something together. That actually doesn't work. To me, it's like, that doesn't work for me, especially not with the type of life that you're trying to create together. So if Jay says, Jay, if you say, you know,

hey, who is to know where my money may flow? I might say, what do you mean by that? And then he might give you an answer. Jay, you might even come up with this. And I might say, you know, I appreciate that, but can I ask you that again? I really want to know we have agreed that this is what we've committed to for the next six months. Are you feeling nervous? Are you feeling like you want to change the plan?

What is going on with you? Jay, what would your answer be? I would say, yeah, I got to buckle down and I got to answer to that. Where is it going to go? It's going to go, like, allocate every dollar. I got to be like honest and up front. And if I don't believe we can afford that or I can't really fund that,

we should just not do it. I think it's a big part of it or save up until we can. That's good. And Sarah, what role do you think you have in building a healthy relationship with money going forward? Not playing the voice of reason. Yes. What else? I love that. not coming to his rescue.

Yes. Amazing. And one of the ways we can do that is by setting boundaries. Yeah. Have you set a financial boundary ever in this relationship? Well, yes. I don't know. Do you think so? No. No, I have not. We should set some. I love that. Okay. Can we just do one right now? Sure.

All right. What would it look like for you to set a boundary with Jay? remember that boundaries can be loving, they can be compassionate, and they can also serve your shared vision of a rich life. Yeah, a boundary. Maybe this isn't a boundary, you can tell me, Ramee. But if we say that we're each going to save a certain amount from now until whenever to then use it for our upcoming trip,

my expectation is that you do that. Is that a boundary? good one. Okay. That's a good start. I like that. Can we, I like that. It's interesting that it was a discretionary expense, but I like that you're saving for it. How about the debt? Like, that's the burning fire right now. I don't know. I feel actually so silly having said all this out loud tonight and heard from you in the crowd. I am not worried about Jay needing me for the rest of this debt. I don't plan on, great. I almost feel like I don't need to set a bound. I guess the boundary is, yeah, I'm not going to give him any more money to pay off debt.

and I don't feel like that's going to happen. Wait, okay, amazing. That's a boundary. Great. I like that you set it out loud. And another boundary would be when we talk about money every month in our monthly money meeting,

I want you to come with your plan for where your money's going next month. I'm going to do the same. Cool, yeah. That's a loving boundary. Okay, great. How do you feel about that, Sarah? That's exciting.

Okay, and Jay, how do you feel about that? I really like that as well. Okay, I like that. You know, I have a lot of confidence in both of you. And Jay especially, I understand, you know, your upbringing, your family, you working in Aspen. I get that it's affected you. I have a lot of confidence in you being able to change the way that you relate to money. And I think it's really important as you sort of begin your financial relationship. I'm not the only one. Let's take a look. always

say big chunk of your money you don't need to be very happy you don't need too many I don't know how you say but it's like extra stuff extravagant stuff

no happiness come from here doesn't come from from this is all this is temporary but if you start to set up life.

I'm going to be so happy when you get out. You're going to be sit and see I did this. What's happy I did this. Thank you very much. Let's give a round to applause. Sarah and Jay. Thank you. Thank you so much.

You guys are the best. Let's give it up, Sarah and Jay. Whoa. Seeing his mom. I love. loved hearing from Jay's mom. What Jay's parents were able to do, coming from Central America in the 80s with no money,

kids, without speaking the language, to be able to be disciplined, to save and build an amazing life for their children is incredible. And as a child of immigrants myself, I especially appreciate that. I have to give a huge round of applause to both of these couples for having the courage to come out on stage in front of hot,

Hundreds of people to share these intimate details about their financial lives. These are not actors. These are real people like you and me who came out to share their story and to ask for help. You can hear the energy in that room. The Boston crowd was amazing, super supportive. You could hear the gasps, the laughing. The crowd wants these couples to succeed. And I do too.

I can't wait to share more of these live events with you. I am loving them. I'm thinking about doing another tour. What do you think? Would you like to be in the room next time I come to your city? If so, get on our waitlist. Iwt.com slash tour waitlist, and I will let you know the next time I'm in town.

It's been over a month since I sat down with both of these couples. Let's see what they're up to now. First up, Giselle and Robert. Our biggest surprise, I guess for me, was the debt conversation as well as the initiation. So like instead of me being so apprehensive and I guess nervous to talk to Robert about it, I could have just asked him maybe why is he not leaning into the conversation? So just thank you for flipping that narrative that I had in my head.

That was interesting. Basically the feedback on not paying off a credit card bill in a full, thinking that having some credit card bet in your name is going to allow you to build credit in a fast positive way. but hearing how essentially owing no credit card debt is more of a positive than anything. So just kind of getting that feedback and figuring out how soon now move forward from there. Paying off the debt is the first thing that we should be doing. And so we did. I think it was like three days after the show.

Rameet really resonated with Robert. And he was able to pay off $11,000 of his credit card bill. So it was his credit card bill in full. And each month any time. used it or he's used it. He is paying off the statement in full now, which is great. I was able to pay off $10,800 of my student loan, my private student loan. So I still have my federal student loan to pay. That is the next step. And knowing that we can do that is, I guess, the biggest thing. So there are still questions, I guess, that we both have. I feel like you worded it perfectly

before. Knowing that my income is more of a seasonal thing as opposed to year round. So trying to figure out what actually is obtainable in terms of big purchases, knowing that at some points of the year, I do not have income at all. At other points, I do have a good income, but how should I be saving? How should I be putting money to the side? I think we have a few more questions in regards to that, and hopefully it can be answered. I'm still catastrophizing and I'm still, like, I get excited about something in wedding plan. I'm like, oh, we can't afford it. So, never mind. But the numbers, like, make sense, but they just don't make sense, if that makes sense. So. Now, let's hear from Sarah and Jane. Sarah and I have had such a better relationship,

not only with money, but with each other. We've been able to have a few money meetings here and there and discuss exactly where we're at and what we're saving for. They've been really great. I feel like the whole mood has changed since we got to meet. And I've been able to behave a little bit better and not go spending on luxury goods here or there, but just stick to what I need. The biggest surprise of the experience was probably how supportive the crowd was, made it really easy to be there and to share and to be able to feel so open airing out our stuff. Since the show, I've been lucky enough to have a unexpected bonus here at work,

and I've taken the opportunity to actually pay off my debt sooner than expected. So we had said that his debt payoff date was sometime in June. I forget exactly the date. but actually it is all paid off now. So that is a great, something great that's happened. This gives me the opportunity to save more in these certain buckets that Sarah and I have for saving up for our future family fund or a future vacation fund. And it really has allowed me to allocate my income a bit better and contribute with Sarah towards our future. I want to thank both of these couples for joining me live in Boston and for speaking so openly with me in front of.

in front of a live audience. I'm wishing you all the best.