Money for couples : no more stress, no more fights, just a 10-step plan to create your rich life together

Money for couples No more stress, no more fights, just a 10-step plan to create your rich life together

Ramit Sethi

Book - 2024

"From personal finance juggernaut Ramit Sethi, here is the definitive book about a defining challenge for millions of people: navigating the tricky waters of money in a serious relationship. Drawing on Ramit's deep experience working with thousands of couples, this book will help readers go from financial frustration to joy and possibility as they finally discover a way to connect over money. Ramit's 10-step program addresses the common money issues in relationships: how to stop fighting over money; how to get both partners to participate in the finances; how to handle the situation when one partner is a saver and the other a spender; and how to take control of too much debt. There are no boring budgets or restrictive plans i...n this book. Readers begin by identifying their "Rich Life"-a vision of the kind of amazing life you want to live with your partner-including word-for-word scripts to have these conversations together. They are then gently guided to analyze their own spending and understand their money psychology: why they see money differently than their partner, how their childhood affects their view of money, and how to eliminate the day-to-day money fights. Packed with juicy, enlightening real-world stories, answers to the most common questions (how much to invest, how to teach children about money, whether to sign a prenup), and step-by-step scripts for navigating tricky conversations, Money for Couples helps readers become competent both as financial managers and as kind, caring, and open communicators with their partners. Your relationship is too important for guilt, resentment, or fighting over $20 purchases. This book will show you how to use your money to live a more adventurous, spontaneous, and generous life-together"--

Saved in:
Place a Hold Save to List Email this
1 person waiting
1 copy ordered
Subjects
Couples > Finance, Personal.
Couples > Finances personnelles.
Published
New York : Workman Publishing [2024]
Language
English
Main Author
Ramit Sethi (author)
Item Description
Includes index.
Physical Description
320 p.
ISBN
9781523523689
  • Introduction: What If Talking about Money Felt Good?
  • Part 1. 10 Steps To A Rich Life-Together
  • 1. Your First Positive Conversation about Money
  • Use these easy word-for-word scripts and keep it light
  • How to ensure your conversation goes smoothly
  • Taboo words you must avoid
  • What to do if you start fighting
  • 2. Understanding Your Money Psychology
  • Uncover your invisible scripts, bidden memories, and the four Money Types
  • "I will never have a lot of money" and other invisible scripts
  • Avoider, Optimizer, Worrier, Dreamer
  • Changing your money beliefs
  • 3. Designing Your Rich Life Vision-Together
  • How to get on the same page with money (even if you see it differently)
  • What makes you irrationally happy?
  • Your 10-Year Bucket List
  • What a Rich Life isn't
  • 4. Money Dials
  • How to spend more-a lot more!-on the things you love and less on the things you don't
  • Your "Yes" and "Less" Money Dials
  • When you and your partner want different things with money
  • Learning how to think bigger
  • 5. A Quick Snapshot of Your Financial Life
  • Discover your net worth in 30 minutes
  • The only four numbers you need
  • When your partner is resistant
  • 6. Changing Your Money Dynamic
  • How to talk about money without fighting, getting stuck, or giving up
  • The Innocent Doe/Enabler and other couples dynamics
  • What to do if you talk and taik and never make decisions
  • What a healthy conversation about money looks like
  • 7. Creating Your Conscious Spending Plan
  • Match your actual numbers to your Rich Life
  • You don't need a budget
  • The joy of guilt-free spending
  • The CSP Commandments
  • Setting up your emergency fund
  • 8. Mastering Your Spending
  • Tackle invisible spending, eliminate overspending, and buy back your time
  • When your partner is an overspender
  • Where almost all of us can cut back
  • Stop underspending by buying back your time
  • 9. How to Set Up Your Accounts
  • Build a system so your money flows automatically
  • Ramit's Simple Account Setup for Couples
  • Merging finances when there's a big disparity in income
  • No secret bank accounts!
  • 10. Living Your Rich Life Together
  • Establish joyful money routines that actually stick
  • The one-hour Monthly Money Meeting
  • How much money is enough money?
  • Your annual Rich Life Review
  • Part 2. Instant Money Answers If You're...
  • Digging Out from Under a Mountain of Debt
  • Make a plan! There's light at the end of the tunnel
  • Getting Married and Considering a Prenup
  • Straight talk about a taboo topic
  • Thinking about a Major Purchase
  • How to run the numbers on vacations, cars, college, and a house
  • Teaching Your Kids about Money
  • Helping your kids build a healthy relationship with money
  • Working with a Financial Advisor
  • The shocking math behind financial advisors-and when it's worth it
  • From the Vault: Ramit's Rules on Everything
  • Travel, tipping, creditcards, home buying, creating your own Money Rules, and more
  • Conscious Spending Plan Template
  • Acknowledgments
  • Index
Review by Booklist Review

Readers will recognize Sethi as a New York Times best-selling author (I Will Teach You to Be Rich, 2009) and host of Netflix's How to Get Rich and welcome his newest book focusing on money. It guides couples on how they can use his 10-step plan to talk about money and develop a shared financial vision. The first part of the book includes helpful tips and scripts to get couples in a positive routine about discussing money. One example: set a daily spending limit, like $20, and honor that value to each other. Sethi also offers advice for setting up accounts, like having automatic payments put into separate accounts for a down payment for a house, an emergency fund, and a vacation. Part two focuses on topics such as getting out of debt, thinking about prenups, and talking to kids about money. To wrap up, he includes advice from "The Vault"--tips for using credit cards, investing in a Roth IRA, tipping, and more. This money guru's book is sure to be popular with couples and those entering into serious relationships.

From Booklist, Copyright (c) American Library Association. Used with permission.
Review by Publisher's Weekly Review

This solid manual from Sethi (I Will Teach You to Be Rich), host of the Netflix series How to Get Rich, outlines 10 tips to help romantic partners get on the same page about their finances. Sethi recommends partners develop a financial plan by discussing how they currently feel about money and what might help them feel better. Many couples can afford more of what they love by cutting back "mercilessly" on less important expenses, he contends, suggesting readers might free up money by eating out less or downsizing their housing, depending on their priorities. His "conscious spending plan" encourages directing 50% of one's income to necessities, 10% to short-term savings, 10% to long-term investments, and 30% to whatever one wants. Sethi's emphasis on positioning oneself to "spend extravagantly" on favored items is a welcome departure from the asceticism espoused by other guides, and discussions of how to talk about getting a prenup, set up joint bank accounts, and navigate buying a house provide valuable tips on common financial quagmires (raise the issue of a prenup "when things are getting serious but before getting engaged," he recommends). This will be a balm for anyone who's struggled to see eye to eye with their partner about money. (Dec.)

(c) Copyright PWxyz, LLC. All rights reserved
Review by Library Journal Review

Sethi (I Will Teach You To Be Rich), host of Netflix's How To Get Rich, asserts that couples can avoid money arguments by following his 10-step program designed to build a common vision regarding finances. His latest book demonstrates how aligning spending with personal values enables couples to live fulfilling lives. Readers are given practical tools to tackle thorny money issues in a positive, productive manner, which allows couples to build common monetary goals. He shows readers how to have constructive conversations about money, understand basic financial psychology, focus their spending on shared values, manage differing material desires, and maintain or adjust their financial plans throughout their lives. His book also addresses paying off debt, planning for major purchases, teaching children about money, working with a financial advisor, and preparing prenup agreements. VERDICT Readers committed to gaining control of their finances in a manner that brings more joy into their family life will find Sethi's advice to be just what they need. Highly recommended.--Lydia Olszak

(c) Copyright Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.

Similar Items