“We have $285,000 of debt... How did this happen?”

Ramit Sethi of I Will Teach You To Be Rich talks to Trin and Lucas, who are both 35 with two kids. They’re bleeding money but they don’t know why, or how to fix it. Lucas is an extreme entrepreneur, leading to trust issues related to his shocking risk taking and lack of transparency. Matters are complicated further by a fixed-costs percentage of 150%+. — 🤯 THE SURPRISING MATH OF PAYING 1% TO A FINANCIAL ADVISOR * If you or someone you know pays a % to a financial advisor, you are going to want to read this email I’m sending out this Saturday only. Get the email here: https://iwt.com/podcastnewsletter-yt 🙌 GET HELP FROM RAMIT SETHI * Take control of your money with the Conscious Spending Plan: https://iwt.com/csp-youtube * Optimize your credit cards with the 1st chapter of my book: https://iwt.com/chapter1-youtube * Join my Money Coaching program for monthly help: https://iwt.com/moneycoaching-youtube 🤳 CONNECT WITH RAMIT SETHI * Instagram: https://www.instagram.com/ramit/ * X: https://twitter.com/ramit * LinkedIn: https://www.linkedin.com/in/ramitsethi/ ✅ SUBSCRIBE SO YOU DON’T MISS ANY EPISODES https://youtube.com/user/ramitsethi/featured/ — 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: https://forms.gle/pjYMaLeThJM3z9uN6 Produced by Crate Media.