Ramit Sethi of I Will Teach You To Be Rich talks to Angela (31) and David (34) who thought they’d built a future on $200,000 in crypto. Instead, they lost it all — and now they’re living in David’s childhood home with his mom. Angela dreams of traveling to Colombia to be with family, while David quietly panics about their finances. She sees every course and trip as a step toward freedom, but he sees their savings shrinking with no plan in sight. With only $4,000 in the bank and a 5-year-old to support, can they stop improvising and finally create a stable financial life of their own? In this episode we uncover: * How David blew through $200,000 in crypto * Living rent-free with David’s mom * The “get rich quick” approach to debt: bankruptcy talk, unrealistic timelines, and skipped planning * Why improvising instead of planning is their default financial strategy * A $3,000 retreat vs. moving out: how conflicting priorities reveal deeper issues * The moment they see the truth in their spending * How David’s mom ended up in credit card debt from supporting them * Angela’s scarcity and rescue narratives from childhood * Why David avoids stress and Angela absorbs it * The cost of being “Dreamers” (big visions with no real plan) * Signs their daughter is already noticing financial stress ⏩ CHAPTERS (00:00:00) “We have no space to breathe” (00:25:05) Ramit breaks down their numbers (00:35:12) “Our vision isn’t aligned to our actions” (00:52:42) “Like mother, like daughter” (01:03:09) “Do you want major changes or minor changes?” (01:15:26) “We’ve never created a plan” (01:36:53) Where are they now? Angela and David’s follow-ups 💡 RAMIT’S PODCAST NEWSLETTER * I share new ways to think about money every Saturday. Get the emails here: https://iwt.com/podcastnewsletter 🙌 GET HELP FROM RAMIT SETHI * Order my new book: Money for Couples: https://iwt.com/moneyforcouples * Take control of your money with the Conscious Spending Plan: https://iwt.com/csp * Optimize your credit cards with the 1st chapter of my book: https://iwt.com/chapter1-pod * Join my Money Coaching program for monthly help: https://iwt.com/moneycoaching * Listen to my book—now on Audible: https://amzn.to/48zko28 * If you want help with your finances, join my Money Coaching program at https://iwt.com/moneycoaching 🤳 CONNECT WITH RAMIT SETHI * Instagram: https://www.instagram.com/ramit/ * X: https://twitter.com/ramit ✅ SUBSCRIBE SO YOU DON’T MISS ANY EPISODES https://youtube.com/user/ramitsethi/featured/ THIS EPISODE IS BROUGHT TO YOU BY Trust & Will | Protect what matters most in minutes at https://trustandwill.com/ramit and get 10% off plus free shipping. Wildgrain | Get $30 off the first box - PLUS free Croissants in every box at https://wildgrain.com/ramit SonderMind | Go to https://sondermind.com to get matched with the right therapist in less than a week Gelt | Book a tax consultation with Gelt at https://joingelt.com/ramit. As a member of my community, you can skip the waitlist DeleteMe | If you want to get your personal information removed from the web, go to https://joindeleteme.com/ramit for 20% off 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://iwt.com/apply