49. “Our housing expense unexpectedly went up $2K when we bought our first home” (Part 1)

Elena and Eric are both 25. They live in Canada, and they make $160k as a household. They love going to EDM festivals and spend thousands of dollars every year traveling to them—it’s their Rich Life! The problem is that they also own a condo that’s draining their savings at a rate of $2k every month. They’ll be broke in two years.

Episode 49 of the Money For Couples with Ramit Sethi podcast, hosted by Ramit Sethi, titled "49. “Our housing expense unexpectedly went up $2K when we bought our first home” (Part 1)" was published on June 28, 2022 and runs 68 minutes.

June 28, 2022 ·68m · Money For Couples with Ramit Sethi

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Summary

Elena and Eric are both 25. They live in Toronto, and they make $160k as a household. They love going to EDM festivals and spend thousands of dollars every year traveling to them—it’s their Rich Life! The problem is that they also own a condo that’s draining their savings at a rate of $2k every month. They’ll be broke in two years. Before this call, Elena and Eric made a pact that they would NOT consider selling their condo, no matter what I said. But we learn that they’re committed to keeping the condo for all the wrong reasons. What will it take for both of them to see the truth in their error? To admit a mistake and commit to moving on as a team? First, we need to see if either of them are even willing to budge on the subject. Listen in to find out. Connect with Ramit Website Instagram Twitter Facebook YouTube Linkedin 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. Produced by Crate Media.