52. “He hides purchases from me—and I let him”

Lisa and Jeff are in their forties and have a blended household. They had about a $300k net worth before they were awarded a $1.275M settlement in January of this year. What’s important isn’t the details of the settlement, but that they don’t know what to do with it.

Episode 52 of the Money For Couples with Ramit Sethi podcast, hosted by Ramit Sethi, titled "52. “He hides purchases from me—and I let him”" was published on July 19, 2022 and runs 78 minutes.

July 19, 2022 ·78m · Money For Couples with Ramit Sethi

Summary

Lisa and Jeff are in their forties and have a blended household. They had about a $300k net worth before they were awarded a $1.275M settlement in January of this year. What’s important isn’t the details of the settlement, but that they don’t know what to do with it. She doesn’t trust him—and for good reason. He opens lines of credit and makes secret purchases while also refusing to participate in financial planning, leaving Lisa to carry the burden. She’s looking for a teammate, but he’s happy to simply send her his paycheck and make jokes about their toxic dynamic. They’ve invested the windfall in a few places (yes, one of which is a bad financial advisor), but they lack a vision—and the communication to build one. Before they decide what to do with the settlement cash, they need to be honest with themselves, and with one another. That’s where I come in. Let’s see if we can bring some clarity to their situation.  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.

Episode Description