3. “My husband is going broke, but he won’t let me help”
Calvin feels he needs to be the “man of the house” and pay for everything. The problem: he can’t afford it, and he ends up in the red every month. His partner, Chantha, likes to spend money on nice things and feels Calvin is too cheap with money. The two of them feel stuck.
Money For Couples with Ramit Sethi
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Show Notes
Calvin feels he needs to be the “man of the house” and pay for everything. There’s just one problem: He can’t afford it. Every month he’s in the red, leading him to be anxious around money.
Chantha likes to spend money on nice things and feels Calvin is too cheap with his money. The two of them feel stuck because of their different views on money. And, to make things even more complicated, Calvin – by conventional definitions – is rich. He and Chanta bring in $250k a year, and based on their savings rate, they’re on track to become multimillionaires.
As you listen, notice their backgrounds. What led Calvin to feel this way about money? What motivates a husband to take on such a burden and how can Chantha and Calvin find a middle ground of comfort where they can build a future together? Pay particularly close attention to our discussion around vacation at the end of the episode.
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