Ramit Sethi of I Will Teach You To Be Rich talks to Jack and Christina, both 33 and born in Russia. With two young kids, they’re looking ahead to number three and to buying a home. But they have $0 in savings, too many expensive vacations, and $87,500 in credit card debt that they can only afford minimum payments on right now. Christina’s income as a doctor triples soon, can it solve everything? — 🚨 GET RAMIT SETHI’S WEEKLY MONEY NEWSLETTER * I share news ways to think about money every Saturday. Get the emails 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 youtube.com/user/ramitsethi/featured/ — Can’t-miss moments 00:00:00 — 1: Opening 00:02:23 — 2: The moment Christina realized they might not have a place to live 00:07:35 — 3: The Hawaii trip they're still paying for 00:18:33 — 4: How much is Christina going to start making as an oncologist? 00:23:43 — 5: What does "six figures" actually mean? 00:26:26 — 6: Ramit reveals what Jack wrote on their application 00:28:23 — 7: Ramit breaks down their numbers 00:32:14 — 8: The single thing you need to do if you have credit card debt 00:43:30 — 9: It's really hard to go down in spending 00:53:33 — 10: Ramit breaks down what's really going on 00:58:55 — 11: Jack and Christina's follow-ups — 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.