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cover of episode 67. “We spend $3,000/month on groceries for our 5 kids, and it’s ruining us”

67. “We spend $3,000/month on groceries for our 5 kids, and it’s ruining us”

2022/11/1
logo of podcast I Will Teach You To Be Rich

I Will Teach You To Be Rich

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Jim and Casey discuss their financial habits and how they avoid talking about money, leading to a reliance on savings and potential financial ruin.

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Jim and Kasey are 45 and 41 with 5 young kids. They’ve been married for 18 years. But they admit that they don’t even know how they’ve made it this long with the serious communication problems in their relationship—specifically as they relate to money.

Kasey goes about her life avoiding money, mostly unaware that they’re dipping into their savings each month to get by—even though Jim got a big raise recently. On the other hand, Jim knows the truth in their numbers but bottles up his emotions. When he tries to talk with Kasey about money, he does it in a way that Kasey can’t—or refuses to—grasp.

In a few months, they won’t have any savings left. There’s too much at stake for them to continue on this destructive path. Let’s see if we can get them on the same page. 

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