Ashley and Greg have a household income of over $250,000 and a net worth of over one million dollars. They’ve developed a reputation for being cheapskates. Not only do their friends and family say that they’re cheap, but their friends have started avoiding them because of it.
We’re about to discover that cheapness and net worth are not correlated whatsoever.
There’s more to I Will Teach You to Be Rich than simply how to make money. You need to know how to live a Rich Life. It’s great to work hard and earn a lot of money, but the psychology of frugality – even austerity – can follow you around forever if you don’t work to break it.
Ashley and Greg are about to learn that money is meant to fuel your Rich Life – not to merely be saved for some day in the future. Listen in as they describe their anxiety around spending money.
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Produced by Crate Media.
159. “How can we raise 3 kids if she only makes $15k?”
158. “We have $2M, why can’t we retire?” (Part 2)
157. “We spent $80,000 more than we made last year” (Part 1)
156. "We have 2 kids, 3 cars...but only 1 month of savings" (Part 2)
155. “We have $22k in cc debt—but I want to renovate the house” (Part 1)
154. “We’re drowning in debt, but I drive a BMW”
153. “We’re married. Why do I have to ask him for money?”
152. “The world is going to end. So why bother investing?”
151. “Our gas is about to get shut off, but I refuse to sell any of my 7 cars”
150. “We’re broke, but I spend $350/mo on clothes” (Part 2)
149. “We have no savings but bought our kid a $500 toy for Christmas” (Part 1)
148. “We have 2 kids and $0 invested, but refuse to get 9-5 jobs”
147. “I don’t trust him with money, so I check his cc accounts”
146. “I'm jealous when I see friends' vacations on Instagram”
145. “Am I a bad mom if we can’t do a $7k Disney trip?”
144. “We make $245K. Why do I have to ask my wife for dinner money?”
143. “I maxed out my credit cards on our $45k wedding. Are we broke?”
142. “We have a $2.3M net worth—but we cut coupons”
141. “We only have $2k in savings but she can’t stop going to the mall”
140. “He put our $1M into one risky investment. Will we lose it all?” (Part 2)
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