9. “I hid thousands of dollars of credit card debt from my husband”

Dan thought he and Jordan were building their financial future together, but a meeting with a financial advisor revealed that Jordan had been hiding $10,000 of credit card debt throughout their marriage. Then it happened again.

Episode 9 of the Money For Couples with Ramit Sethi podcast, hosted by Ramit Sethi, titled "9. “I hid thousands of dollars of credit card debt from my husband”" was published on September 14, 2021 and runs 42 minutes.

September 14, 2021 ·42m · Money For Couples with Ramit Sethi

0:00 / 0:00

Summary

Jordan wasn't raised to talk about money. She constantly saw her mom withhold money matters from her dad, and now, history is repeating itself. Jordan has hidden her debt from her husband, Dan, twice. He feels violated. This is not the kind of thing you do when you're saving for a down payment on a house and building a family. He needs the problem not to happen again. Before talking this out with me, neither realized they were on the verge of a relationship breakdown. Most people don't truly appreciate the consequences of their actions. They run away from their problems and shove important issues under the rug. Jordan thought she could fix this alone, but her mom wiped out her debt the first time around (it takes her a while to drop that bombshell), and she's still learning how to talk about finances openly after growing up with a money code of shame and secrets. Listen to their initial money visions. They're as imaginative as a cardboard box. There are lofty visions of "travel" and "a kid," but no specifics. Nothing to get excited about. No wonder why they aren't investing or saving together. Tune in to hear how I coax out the clues from them -- and offer them a vision of where to go next. Connect with Ramit Website Instagram Twitter Facebook YouTube Linkedin Produced by Crate Media.