16. “We’re worth $8 million but I comparison shop for strawberries”
Amy and Chris have a net worth of $8 million and a household income of $600,000. So why does Chris spend his free time comparison shopping online for the cheapest strawberries? And why does Amy deny herself a new pair of shoes for a year? Learn how difficult it is to change your money attitudes and behaviors -- even with millions in the bank.
Money For Couples with Ramit Sethi
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Show Notes
When Chris shops for food online, he compares the cost of almond milk and strawberries to save a few dollars. He spends hours agonizing over the most economical flight routes. He even stopped and picked up a used stroller from someone’s driveway.
Chris and his wife Amy have a net worth of $8 million.
Their friends call them cheap. They prefer to identify as "money hackers” and have lots of reasons why they behave the way they do. But even with their explanations, they’re not happy with how they’re using money to live a Rich Life.
Chris and Amy are optimizers. They optimize points and options, a normal part of the tech culture in which they work. There’s just one problem: It’s making them unhappy!
Imagine a world where Chris and Amy didn't have to put price first. Imagine a scenario where they could start with the kind of magical experience they wanted to create -- and use money to make it happen.
As you listen, it’s easy to roll your eyes at the amounts of money being discussed. Resist that temptation. Amy and Chris have given us a gift by being so open with their finances and their challenges. I love today's episode because it shows you that if you have money issues today, It's very likely you're going to have the exact same money issues later at a million dollars or 5 million or yes, $8 million.
Connect with Ramit
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.