Self -ateAuthor and TV Host Ramit Sethi Know one or two things about money. They have also published books How to get rich And how Couples can manage their finances Together.
But their own financial journey is not perfect. He recently sat down for his special episode with his wife Kassandra Money to the couple’s podcast In an interview with friend Julie Nguyen, he asks the couple every week.
Setice is there Married since 2018And Ramit shared tidbit in his podcast and in his books, highlighting some of the techniques they used to navigate the financial combination, to make different returns, and create shared goals.
In Podcast, Ramit and Kassandra accepted the most difficult money conversation as a couple: their Prenap talks before getting married.
“I’m thinking about it right now,” Ramit said. “(The) I brought it to the first time. I’ve talked to many people. I have been advised. I planned what I was going to say. And I was so scared about it.”
Cassandra got the idea of Prenap well, but from there the things went south.
‘Money is going to move over through your relationship above all’
Many money experts recommend Getting a prenatal agreementEven for those with modest finance. Prenap is a legal agreement, explaining how couples manage their finances during the Vich. Without one, the couple can leave those decisions – who get some assets or pay spousel support – Up to the judge.
Prenapes to all, money expert Suz Orman Told CNBC In 2020, and individuals should feel comfortable to bring it with their spouse.
“If you can’t talk to the person you are going to marry, you will be degraded to failure because money will move through your relationship above all else,” he said.
When Ramit brought the idea of Prenap to Cassandra, he had already started his business and wrote his first book on money. Kassandra did not know much about him, but was willing to learn. And if they agree to get to Prenap, their talks were controversial due to different expectations and understanding of money.
Ramit saw talks that were strictly financed and the numbers allowed them to speak. On the other hand, Cassandra was more pushed to emotional consideration, Ramit was not really thinking.
Ramit tried to make a “generous” proposal in his Prenap proposal, but Kassandra was more concerned about his relationship and made sure his feelings and feelings were set.
“We started to go back and forth. And I was so confused. I was very hurt because I would love,” I’m not trying to deceive anyone here, “Ramit said.
Cassandra eventually suggested that the couple finally sit with the therapists and not match things to speak through their feelings. The therapist asked how everyone sees the money.
“That’s really opened the conversations we can’t have to have. My answer is ‘growth, of course, see the compound.’ And her answer is, ‘Safety’, Ramit said.
‘I should ask more questions’
Despite the turmoil, the process helped the couple to reveal how the couple thinks about money, but they said they should communicate with each other.
Although Ramit was more focused on real numbers, Cassandra had no financial knowledge to gain meaning Security from the amount In their savings and investment accounts.
“I will never forget anything that Ramit told me at that time. You are like, ‘You really need to be better in money’.” I took it very seriously because I was deep inside, ‘I know I am not as big in money. I can be better. ”
While she was working on the Prenapes and in managing money in general, Ramit admitted that she had to improve when talking about emotions, so he could come from and understand the Kassandra’s perspective.
“In a review, you are not asking me to extract the spreadsheet. You are experiencing this.” “Looking back, I had to ask what you were saying. I should ask more questions.”
Now that it is seven years in their marriage, they consider the most valuable lessons they have learned from each other what they have learned from their Prenap talks.
Kassandra said, “Really opening the eyes” is in abundance of Ramit’s mood and the power of your earnings. And Ramit is grateful for reviewing your feelings and learning the importance of talking about them.
“I really changed the way I relate to people a lot,” he said.
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