I Will Teach You To Be Rich - 119. “He’s not ready for marriage. So why did we buy a house together?”

Episode Date: August 29, 2023

Candace and Brad are 31 and 33. They’ve been together for five years—buying a home together after just one year of dating. Candace is ready for a wedding, kids, and family life; she’s getting impatient. Make sure you stick around for the absolutely shocking ending to their story.   This episode is brought to you by: Babbel | Right now, when you purchase a 3-month Babbel subscription, you’ll get an additional 3 months for FREE. Just go to https://Babbel.com and use promo code RAMIT. LMNT | Right now, LMNT is offering 8 single serving packets FREE with any LMNT order. This is a great way to try all 8 flavors. Get yours at https://drinklmnt.com/RAMIT. BetterHelp | Visit https://betterhelp.com/ramit today to get 10% off your first month. Rocket Money | Stop throwing your money away. Cancel unwanted subscriptions – and manage your expenses the easy way – by going to https://rocketmoney.com/ramit. Links mentioned in this episode • Get Money Coaching with Ramit  • Get my New York Times best-selling book • Get my no-numbers journal Connect with Ramit • Get the Podcast Newsletter and exclusive Q&A about the show • Download the Conscious Spending Plan • Other episodes • Instagram • Twitter • YouTube • Submit a question for the newsletter iwt.com/askramit  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. Produced by Crate Media.

Recently, I sent out a survey to a bunch of people on my social media asking for your experience with your financial advisor. And my team started chatting with a lot of you. And I cannot believe the stories that I've been getting. In a few weeks, I'm going to do a deep dive on financial advisors who charge a percentage based fee in an upcoming episode. But if you're wondering right now where you can find a financial advisor who charges a flat fee or an hourly fee versus a percentage, make sure you check out facet.com slash

remit. A lot of you have heard me talking about if you choose to hire a financial advisor, it's fine, but do not pay AUM. If you sign up with facet, they will waive a $250 enrollment fee for anyone who goes to FASIT.com slash remit. Again, that's FASIT.com slash remit for anyone who's looking for a financial advisor and does not want to pay a 1% AUM fee. Sponsored by FASIT, FASIT.

Wealth Inc. is an SEC registered investment advisor headquarter in Baltimore, Maryland. This is not an offer to sell securities or investment, financial, legal or tax advice. Pass performance is not a guarantee of future performance terms and conditions applied. Before we get to the episode today, let's put aside all the long term stuff that you and I know we should be doing more of calling our mom and dad, going to the gym, flossing. Okay, yes, we should do all those things, but I want to talk about quick wins. The things we can do quickly to be able to be more productive, to be less anxious, to be in better shape, and even to be more generous.

I'm talking about getting results in seven days. That is exactly what I'm going to be talking about this Saturday on the podcast newsletter. These are the actual tactics that I use myself and saw massive results in seven days. Yes, we should be doing the two year or five year, 10 year things. Sometimes you just want quick results. You can get this issue of the newsletter at IWT.com slash podcast newsletter. That is the only place you can get it, the email goes out this Saturday, September 2nd, IWT.com slash podcast newsletter. There's no quality of life where literally we're house poor. It would be nice to have like some type of a life again.

Was there any concern about the two of you buying a house not being married? I felt that marriage was gonna come, and that's also why I bought the house, because I envisioned he would be getting married. You'd probably have a kid, maybe two. By now, four years later, I didn't expect my life to look the way that it looks.

That's always been in the long run, like, the picture for me. It's just a lot of frustration on my end because I know what I want. It's very wishy-washy all over the place answers and it's like when I say, well, when do you want to do this? It's Sunday. What the hell is Sunday? Meet Candace and Brad. Candace is 31, Brad is 33, and they've been dating for five years.

Candace used to be the breadwinner, and she was supporting Brad while he went back to school to be an electrician. Now, he earns more, and that change in financial dynamics has put some surprising strains on their relationship. She wants to know what's next. When are they going to get married? He doesn't feel ready to commit to marriage and they own a home together which has become a very sticky topic because their expenses are about to go way up. Now when you finish this episode please make sure you watch the video follow-ups. Of course you can watch this entire episode on YouTube if you

like or by audio. We're strapped. Like I literally transfer $66.66 dollar to pay for fund money because everything else is going to bills and debt and mortgage. And I feel like the only way that we can get ahead from like where we currently are is to sell our home and have a reset Okay, and Brad, what do you think about that? I? Will say for the longest time I was very against like even a thought of like sign house. I don't know like we bought the host together like I thought we both relate the host and then I Will say the last few months

as we've talked about it more and more, it seems to be more and more makes sense. But then we would have to go back to either renting or downsize quite a bit. So maybe that's where the hesitation lies with me with maybe not wanting to sell the host. Because I don't think we'd ever get a mortgage for what we're paying now.

Okay, the challenge here is the house, is that it? So it might be the biggest challenge. Okay, Candace is like fighting her time. Sorry. Don't worry Candace, we got plenty of time today. We have plenty of time to talk about everything that's on your mind. Candace, do you think it's the house that's the primary challenge or is there other things

to? It's the relationship in general. I feel like it's deeper rooted than money, which obviously that's a different day, different topic, but like, yeah, I don't know. I just feel like in general, we're just like behind in life. When it look when you look at our investments, like we should be further ahead in our firties, and we are, I just feel like we're never going to be able to invest more if we keep this house especially when you look at like, we don't talk about the future really.

We're very day to day. Okay, okay. So that's concerning for me because I'm a planner, I'm type A very organized. Like, you don't say. That's shocking considering I'm looking at your conscious back. I've literally never seen this much text on a conscious spending plan I'm like am I reading a dissertation here? I asked for like 10 numbers. There's like 5,000 pages of text I know what I'm now all right here. You say it takes 20 minutes. It's gonna took us like three hours Yeah, it took me three hours to read this thing What is this? All right, so. All right.

And just so I understand you two have been together for five years. You're not married, but you bought a house together. A year in updating. Wait, what, why did you do that? I was perfectly happy renting. His mom worked for the bank. Okay. And she kept saying, you can't keep running,

you can't keep running, you gotta get a house, you gotta buy a house. It moved so fast for me, like that process. I literally, like a two, like I don't even remember that week. Like it happens so quickly. Weak. Wait, you got a house in a week?

It was just so fast, like the whole process. It was very quick. It's my dad longer to buy a car than it took you to buy a house. I don't think it was just a week. Once we like found the house, it happened that fast. It just looked like that. We looked around at other houses before for a couple of weeks, not a long time, no, no.

It did happen. This was your mom, like advising you guys to buy a house. Ah, she was, I would say she was a little bit, but at the same time, I think Candace was kind of already looking to buy a house, okay, even at first, from what I remember, I thought she was looking to buy independently without me, even on the lease, or without me on the mortgage.

She's like shaking her head furiously, but we're gonna ignore her. That we did find a host and we did end up going in together and we did buy it. Yes, and it did happen very quickly. Candice, would you like to correct the record? I don't recall ever, like I said, I was very happy renting.

I had everything under control, you know, I had my two-bridge apartment underground parking. I thought it was just like great. My rent was, you know what I mean? I could cover it. I still had like plenty of disposable income leftover after all my bills were paid. I was like, everybody else.

We're like, yeah, that's what you're supposed to do. You're supposed to buy a home. Like, I'm 27. That would make sense, right? And like, when she kept kind of talking about it, it was like, yeah, like, I guess she works at the bank, like she knows what she's talking about, like, that's probably what we should be doing, like going to buy in a home. Like, you can't rent forever that whole thing, right? Which I've now learned is BS. You can rent, and you can be further ahead financially

by renting. Yeah, it's frustrating. Was there any concern about the two of you buying a house not being married? I felt that marriage was gonna come and that's also why I bought the house because I envisioned we would be getting married We'd probably have a kid maybe two by now and four years later I didn't expect my life to look the way that it looks right now So that's also why I'm at it like I'm at a crossroads

I guess. What is the crossroads? If that's not something that is important to Brad or if he doesn't see doing those things with me then it's kind of like those are things I value so it's like I I don't want to keep putting my values on the back burner because I do feel like I've been very lenient with things up to this point, but I also think because I've been salineant, that's why the way that it is. So we haven't taken those steps. Let me hear Brad's perspective. Brad, so you know, you got into this process of looking at houses. It seems like it moved pretty fast.

Were you ready to buy a house when you both did? I would say at the time, no, I was not 100% ready. Cause like I said, I was still in school. Okay, so I wasn't really making a whole lot of money at said time. I had a little bit of money saved up. So you got this house, were you concerned about, you know, buying a house without being married?

No. Okay. No, like that's always been in the long run, like the picture for me. What is it? And that was definitely a big part of buying the house was like, that's just one of the steps forward. It to me, it didn't have to be in any specific order, like it didn't have to come marriage then host like, I just feel like five years as long enough to kind of know what's that, like, that's what you want to do. Like even if it wasn't a wedding, it just at least being engaged to be like, we're heading

that direction. And I just think even that's hard for him to want to do. And I just think it's not about the money to buy a ring. I think it's deeper rooted. So you heard me ask both Candace and Brad if they had any concerns about buying a house without being married. Here's why. Because that is a very bad decision. Literally every single week on financial forums, there are people who say, yeah, we dated for two years,

but we decided to stop throwing money away on rent and buy. Unfortunately, last week we decided to break up. What should we do with the house? And this becomes a financial and often legal nightmare. What if you have to sell, but one of you doesn't want to? What if you can't afford to maintain the house? What if one of you makes more than the other? Or you end up having to sleep in the bedroom next to the person who cheated on you?

At least with marriage, there are legal precedents on what to do. So I'm gonna be extremely clear here. If you are not married yet, do not buy a house together. And if you do, because you want to ignore my advice, make sure you both have lawyers who look over the agreement. For Candison Brad, let's also note that it's not just that they're unmarried and they've bought a house.

It's these other dynamics. They've got the mom whispering in their ear. They've got the rush from everyone around them to buy a house. I mean, damn, I spend more time deciding on my in and out order than they spent buying this house. One of the things I always push people on is how do you take that thing that you love to do and make it an amazing experience.

So if you're going to a restaurant, how do you make that an amazing experience? Maybe you send a little note ahead of time, letting them know that you're there for an anniversary dinner. If you're traveling, maybe it's discovering an off-the-beaten-path experience like a local cooking class, or maybe it's even being able to speak the language. If you've been wanting to learn a new language, or even be able to have a basic conversation in it, consider this episode's sponsor, Babel. With Babel, you can start speaking a new language in just three weeks. Let me tell you one of the reasons that I love Babel. When I was learning

languages in high school and college, the typical way that they teach it is they just give you a list of words. Megusta patinar. Why do I need to know that I like to skate as the first thing I learn in Spanish? Makes no sense. Azul, why am I learning color? Why? The things that I wanna learn are basic conversational tools.

If I go to a restaurant, what do I say? If I'm introducing myself, what do I say? And that's one of the things you get with Babel. You can listen in on conversations between two people and they're very beginner level and they teach you the things you want to know when you are learning a new language. I love how applicable it is because you can learn these normal everyday conversations and you can use them quickly. So here's a special limited time deal for our listeners to get you started right now. Get 55% off your Babble subscription, but only for our listeners at Babble.com slash

Rameet. Get 55% off at Babble.com slash Rameet, that's B-A-B-B-E-L.com slash remit, R-A-M-I-T. Rules and restrictions may apply. Today's episode is sponsored by Element, a tasty electrolyte drink mix. And recently I went on social to ask my readers what they think of Element because they've been hearing about it on this podcast. Here's a reply I got from a reader named Kara. It's the best electrolyte drink mix out there.

My kids even like it. Another listener Mia said, my family has been drinking it all summer to stay hydrated. My eight year old asks for it in her water bottle every day. We love the citrus and watermelon flavors. Thank you Cara and Mia. You know I'm selective about the sponsors

that we work with here on the show. We only want to work with the best. So thank you for the feedback and keep it coming. Element can help you prevent and eliminate headaches, muscle cramps, fatigue, sleeplessness, and other common symptoms of electrolyte deficiency. If you're sweating or you feel dehydrated and you want to replace your electrolytes, consider element. Element is offering IWT listeners eight single serving packets free with any element offer. This is a great way to try all eight flavors at once. Get yours at drink

element dot com slash remit. Try it totally risk free. And if you don't like it, they'll give you your money back. No questions asked. This deal is only available through my link at drinklmnt.com slash remeath r-a-m-i-t. Again, drink element dot com slash remeath. I just think maybe financially we haven't totally gotten there yet. Because like I said, I just finished school last like this time last year. So then things kind of flip-flop where now like I make more money than she does and now things are kind of just back to Basically where we started. I see. So now we're still kind of just like like she kind of said like kind of spinner our tires We're just in the same spot. Okay. I understand Why your income has gone up Brad because you finished school, you got

a job. I think you got to raise recently, right? Yeah, like three months ago, I got like a 30% increase. What I'm making right now, like if you had asked me even five years ago, I would say I probably might not even in 10 to 15 years be making what I'm making right now. So okay, well, congratulations, that's awesome. All right, so your income has gone up, and then Candice, am I reading this correctly,

your income went down? Okay, why is that? So my trade is dental hygiene. So we relate off work for quite a period of time and during that time off, I guess I just thought, okay, if I'm going to do a change, like this is the time to do it kind of thing. Anyway, so now I'm working from home. Still an identical feel is for a dental insurance company, but it's a non-profit. But I'm very happy, like my mental health and emotional, like everything, I'm better in that sense,

but I am starting to feel like I'm falling, like I'm falling short of my potential with the pay that I'm at because I know what I'm capable of, but I don't really want to go back to the clinic. What was the pay decrease? At my peak I was making 64,000, four days a week, yeah. Okay, and now? Now I'm at 43,000, 260. So how do you two make decisions when it comes to money? Well, up to this point, it's just been an understanding that he pays the groceries every week when we go get groceries.

Any bills, it's just been him. I just take care of the mortgage payment. Basically, he's sending that 360 now. We just started that a couple of like months back. Okay. Just to go back to the mortgage for a second. Before you were paying 100% of the mortgage, now how much are you paying? Well, the mortgage minus 360, I guess. Like, it's going towards the mortgage basically. The $360 that he's sending towards me is for the mortgage payment. I pay the mortgage. It fully comes out of my bank account. And we had that set up that it came out of my, my own because when we bought the

house, again, I was the breadwinner. So we just set it up that it came out of mine just recently. Brad finally started to contribute towards the mortgage. Okay. And now you're making less than he is. And then I was still paying all the mortgage. What percentage of the mortgage do you pay? Candice. Okay. Can I just do a quick math? Um, so that is.

I'm paying 74% of the mortgage. Okay. Your paying mortgage. Okay. Your paying set. Okay. Seems a bit weird, right? You're making less, but you're paying 74. Why is that? Because we never talked about it when things changed. Oh. And it just was in my account.

So I don't know. Just didn't talk about it. And I just... She paid the mortgage and I paid everything else. They both roughly, by the end of the month, if you add up all the costs and fixed spendings that I spend, and what she spends for the mortgage, it was roughly pretty close. The mortgage might have been a little higher. First of all, this is just way too complicated.

This is why I insist on simplicity in your finances. Next, this is why I really dislike the scenario where couples split money by saying, they pay for groceries and vacations, I pay for rent and eating out. What happens when you move into a more expensive place? Or what happens when one year you don't take a vacation at all? It's too linear. If you're a software engineer, it's like hard coding variables into your code.

It's easy at first, but it will screw you later. And this is really common, by the way. Couples will decide on ways of splitting income, but when their situations change, they rarely adjust. The solution here is to set up a regular annual meeting in December called your Rich Life Review where you can look at your entire financial infrastructure and make any changes that you need to going forward. All right.

I have a presentation on how to do this in my money coaching group at iwt.com slash money coaching. Now, as for Candace and Brad, let me give you their numbers. Candace used to make $64,000. Now she makes $43,000. Brad used to make $54,000. Now he makes $70,000. Is it about the money, Brad? Is there a reason? Because it sounds like in your vision, engagement, marriage, kids, all those things are on the table. What's your take? I definitely see it in the future.

I do. I will say that. And I would definitely like to be more financially stable, like before we got married. What I do understand the engagement part. What does financially stable mean? Just not just scraping by the pair bills. Okay. Like I guess on our

Conscious spending plan, like you see like on our vacations and our Like any of that stuff, like we don't have any money for that. We have no money to do any of that stuff. Yeah. Is there a number or is it more of a feeling that you would know if you felt secure? No, there's not really a number. So here's what I'm hearing. You both

talk about wanting the same things, house, family, etc. Candice sounds like she was ready five years ago. Brad, you have said it's definitely part of the plan, but I need to feel more secure. So then I said, is it a number? No, it's not a number. So how would you know if you were more secure? So how would you know if you were more secure? I don't know. I mean, canis has had the conversation a couple times just where it's like basically where

we're at right now, like we couldn't even afford to bring kids into this world, like because we wouldn't be able to support them. So that thought is scary by itself. Like we're just struggling to basically pair builds for ourselves, rather than brand kidding and surfing for them to Yeah, that's honest, be very hard. And that's scary to you. Yeah, for sure. Scary why? Yeah, for sure. Scary why? Just I wouldn't want to ever break it in.

I guess, and not be able to give it everything. What'd you grow up working class? Yeah, I'd say middle class, yeah. My mom did all right. My dad was probably on the lower scale, but my mom did all right. Your mom made more than your dad? Yeah. Okay. And what do you remember about money growing up as a kid? I always thought we were all right. We were always well off. Like I played a ton of sports and that kept me very occupied.

They did everything they could to let me play any sport I wanted to my whole life. So I was always able to buy maybe not all the top and gear or anything. But I definitely had all the gear I needed and anything I wanted. Did your mom tell you you got to buy a house at some point? I wouldn't say she ever told me I had to buy a house now. Did they own their house? Yes. Okay got it. I think they built their house and wow. It was lived in my whole life. Okay, got it. I think they built their house and Wow, it lived in my whole life. Okay

Your mom or dad were they handy around the house? My dad is very handy. Yeah. Okay. Is that where you learn some of your skills from? Yeah, I would say for sure. Okay, cool. All right, and then do they ever talk about investing? My mom did, yes, just because she was a financial advisor. So I always invested in scotchabankar, SGs and just some of that stuff. That's cool. Not a, not into large sums of money by any means, because I said my job at a high school,

I didn't get paid that much, but I had a lot of savings at the time. That's impressive. So you were investing as a kid because your mom was a financial advisor. Yeah. So, you know, there's probably words floating around at home once in a while, investments, you know, etc. Would you say that those were somewhat common at home?

Yeah. Like I would say, I had like a very based knowledge on like some of the stuff for sure. Right. So are they your financial role models? Yeah, yeah, I would say him and my mom definitely too. My mom had always wanted me to go take a trade. Like my grandfather was a plumber. She always wanted me to go into plumbing

and just even have all the tools I could use all his stuff. But you weren't into that. You were into electrical. I was never into plumbing. It's one of the dirtier trades, obviously. So it was never appealing to me. Got you. Brad displays something really common. The idea that he wants to be financially secure, but when I ask him what that means, he realizes right in front of us that it's not a number. And this is what I mean when I say that your feelings about money are highly uncorrelated with the amount in your bank account. So many of us go through life saying phrases like, I just want to feel financially secure.

Or if we could just make $10,000 more, we could finally stop worrying about money. Wrong. Over and over, I bring guests on this show to show you that the dollar figure in your checking account will not change how you feel about money. There are two solutions. First, know your numbers. Understand the conscious spending plan, which has the four key numbers you must know, and then read my book to master the details. The second is master your money psychology. What does this mean? It means talking to your partner, creating a vivid vision for a rich life, having monthly meetings, and starting to talk proactively and positively, and regularly about money.

You can start with my journal. Now I want you to hear from Candace. This episode is sponsored by BetterHelp. If I rewind 20 years ago to the remit of my early 20s, and if you had asked me if I would ever consider working with a therapist, I would have laughed. I would have told you that it's for people who are weak and people who can't deal with situations on their own. And I would have said, like, maybe for other people, that's not for me. And I think that over the last 20 years, working in self-development, working to improve myself, I've realized that we all need help in some ways. It could be teachers. In my case,

I've hired personal trainers. I've worked with therapists. And I've realized that there are parts of life where we need help. There are also parts of life where a therapist can just help us think about things in a different way. Crossroads, you're facing in your career, could be wanting to have better communication in your marriage. There's just so many ways that I was blind to and thought, I'm gonna power through and do this on my own.

And I think if one thing we learn on the podcast is that there's no virtue in trying to do everything on your own. So, if you are thinking of therapy, if you're facing across roads or you want some tools to be able to communicate better, give better help a try. It's entirely online and it's designed to be convenient and flexible and it works around your schedule. You just fill out a brief questionnaire, you get matched with a licensed therapist and

you can switch therapists at any time for no additional charge. Visit betterhelp.com slash remeath to get 10% off your first month. That's betterhelp.htlp.com slash remeath. One of the greatest things I have ever learned in business is there are things that I hate doing and there are other people who actually love to do them for me. This blew my mind, like I don't wanna do HR paperwork and there are people who are like, I actually love to do that and I'm really good at it.

That's the same thing with our finances. Think about all the subscriptions that you signed up for in the last 10 years. A lot of those are still just rolling and recurring and you haven't even thought about them. Now, do you really want to go through and analyze the last eight months of your credit cards? Probably not. Fortunately, there is rocket money. Rocket money is a personal finance app that finds and cancels your unwanted subscriptions, monitors your spending and helps you lower your bills all in one

place. Now most people think they're spending about 80 bucks on their subscriptions when in reality the number is closer to 200. With rocket money you can easily and quickly cancel the subscriptions you don't want with the push of a button. No more wait lines, no more connecting with people through email, just let rocket money do it for you. The rocket money can even negotiate to lower your bills for you by up to 20%.

All you have to do is take a picture of your bill and rocket money takes care of the rest. They have over 3 million users and they've saved customers an average of $720 per year. So stop wasting money on things you don't use, cancel your unwanted subscriptions and manage your money the easy way by going to rocketmoney.com slash remeat. That's rocketmoney.com slash remeat, rocketmoney.com slash remeat. I want us to be a team, because right now I feel like it's heavily on me

when it comes to the financial stuff. And I grew up seeing that, and I think Brad grew up seeing it too because his mom basically took the reins and my mom took the reins and I don't want that same thing for my relationship. I want it to be a joint team effort that we both know what's going on. We both know how the money is working and from the same page. Love that. Did you tell them that before today? Maybe not so straightforward. So in your family, Candice, it sounds like your mom was the one who was in charge of the finances. Is that right?

Yes, that's right. Yes. And what was that like for you? I grew up always hearing my appearance argue about money. My dad was in and out of jobs my whole life. So my mom basically was the one that made sure like if I wanted to be in dance or swimming like she made sure it happened like she covered it and to this day when I look at my parents now my mom is now retired because she had a

pension and my dad didn't and he's resentful because he's older than my mom and he's still working because they can't afford for him not to work. As her pension only goes so far. Brad grew up seeing his parents in the same position where his mom always took the reins and his dad had just coasted along because she made sure everything was taken care of for them, for their future. And I don't want that to be my relationship.

I want us to be on this together, this path together, talk about it together, both know what's going on this together, this path together, talk about it together, both know what's going on. And yeah, I just, I don't want the same relationship as my parents. What's striking to me is how closely of a pattern they're following from their parents. That's the pattern that Candace seems motivated not to repeat. What's also interesting is that Candice wants a partner, even desperately

wants a partner, but she hasn't said that, that exact thing to Brad before. Remember, they've been dating for five years. So how many times over the last couple of years have you and Candice talked about what's next? What's the next phase of our relationship? I would say there hasn't been a, we have talked about it a lot, but I would say it more would come up in like arguments and or fights rather than actually just like sitting down and like talking about it. Most of them, I would say, would have spurred from drinking events. What?

Stuff like that. Usually it happens when we come home after parties and then we'll just get in a fight one thing and then it'll kind of just snowball into everything and break into money, everything, relationship. It's late, you've had drinks, I get these fights that come up, but what was the money stuff that would come up at that point? I think it was more just as a whole of where we're at

in our relationship and financially as a whole. Like what? Like how much do we have? Where are we going? Yes. I think it was more for Candace like where are we going? What are we doing? And like she wanted more clarity on that type of stuff

on the other side of things. Okay, sounds like a fair question. What was your response when she would ask those questions? It was definitely that like I wanted wanted to be more financially stable. So this was, now I've been done school for a year. Is it possible that you answered Candace by saying, I need this to happen. I need that to happen.

But is it possible that you didn't really know what you needed to happen in order to feel ready to move to the next step? Yeah. All right, that's honest answer. I appreciate that. Candace, I want to hear from you. Let's, let's start at start at the vodka soaked nights. Like, what were those conversations about from your perspective? So basically, anytime, and I think Brad can vouch for this, it usually was because we be together with other couples or age. And the latest would be, oh, so and so got engaged. And oh, so and so is getting married. Oh, they're expecting.

Like, and it's just like, I know you're not supposed to compare to other people around you, but it was like, we're literally the last couple standing. Everybody has gotten engaged now. Everybody's gotten married. And it's just standing, sorry, when you say standing, what's the implication?

We're the last ones that haven't moved forward. Ah, everybody else has moved forward and taken those steps. And it's just like, what's wrong with us? But we haven't. When a concern is brought to the surface, like, it's something, I just feel like priorities aren't straight because he can spend, you know, $4,200 on a golf membership, but he doesn't want to do that for a ring. So it's like priorities of where you want to spend your money, right? Like I just think it's been talked about for years that you could have started setting money aside.

Like if it's important to you and you value that, you would make it happen. I just think it's just, that's the thing you really want, you'll make it happen. You'll make it work, like little by little work away at it. And I just feel like that's why I feel it's deeper rooted in just the financial standpoint that we're in. And it's like, it just in case a hard time voicing it maybe, that there's something else there that's a blockage than just the finances, but yeah,

that we would be drinking, I hear about the latest, you know, couple moving on and it's just kind of like, where are we going? It's just a lot of frustration on my end because I know what I want. But I feel Brad doesn't have a lot of clarity on what it is that he wants. It's very wishy-washy all over the place answers and it's like when I say, well, when do you want to do this? It's Sunday.

What the hell is Sunday? Like, you know, he can set goals for the gym or set goals with golf, but he can't set goals and talk about the future with me in it and like where we see ourselves going. And why is it important to you to have clarity? Because for me, like marriage is like something that is, it's just something that I value that it's like I want to be married to my partner that I'm doing life with. And that's not important. I just feel like instead of just being forthcoming and saying like, it's not that important to me

to be married. I'm just given this song and dance and it's not really fair to me either that I have to keep putting my life on hold because I'm 32 next month. And Brad will be 34. And I don't know. I just feel five years or both in our 30s. We've had that experience.

We dated other people. It's just kind of like it. It's not going that direction. And I just, I don't know. I don't know. What, what, what do you think, Brad, hearing that? Um. Tell me what you're thinking. Brad is staring intently into the heavens. Brad has a very hard time. I'm just wasting his breath.

Let's take a step by time. I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm just, I'm, I'm just, I'm just, I'm just, I have enough money to keep the house. Give me the worst case. Worst case would be if we sold the house and went our separate ways, I guess. That would be the worst case. This whole thing just feels so heavy. It's like, why aren't we doing what other couples are? Why are we behind? Why do I have to drag you along with me? Why aren't we a teen?" I also knew a lot of couples like this in my 30s, almost exactly the same dynamic, down

to the woman saying, where is this going? And the man resisting and deflecting. It's very common. And it's also part of those horrible jokes of like, oh, the old ball and chain or all my bachelor party is the last time as a free man. Ha, ha, ha. I hate that stuff. One of my goals with this show is to highlight the financial and relationship dynamics that we all know about, like who pays for a first date or how the lower earners always obsessed with the C word Contribution and how so many of us worry about money, but never actually run the numbers I want to highlight those in China light on it and then I want you to choose which dynamics you want to follow

Do you really want to insult your partner because they overspent five dollars on something? Or do you want to sit down and create a powerful, vivid vision of a rich life together? You choose. I understand that the two of you splitting up would be the worst case. That I understand completely. I get that. That would be tragic. But you specifically said selling the house and us splitting up. What role does selling the house play in your worst case scenario? I don't know, I guess I've just always, I guess since we bought the house and visioned as like making this our host like to start a family and If we sold this house would we ever be able to buy one again because

The market in our area right now is insane like I know we would do really well on our house. We probably make $152,000 from what we paid for But then Comes the problem of if we wanted to buy another house, it would be $300,000 or $400,000. We only paid 240,000 for ours and we can barely afford that. Which one is a bigger problem for you? Is it the financial part that if you sell,

you might not ever be able to buy again? Or is it the fact that you envision starting a family and that vision would be destroyed? Probably the vision side. OK. OK. Probably the vision side. Okay. Okay. Like personally selling a house you can't afford and making like $200,000.

I'm like, boohoo. That sounds awful, doesn't it? I know we do well like selling our host, but like I said, just after that, what's the next step after that? Like where we have to go. Okay, Candice, go ahead. Yeah, to me, I think it's the best case scenario because we walk away 200 grand,

we can both pay off the rest of the debt that we owe, set so much aside for future down payment, set so much aside for a future down payment, set some money aside for a wedding, put like, you know, 30, 40 grant into investments, and then continue to, you know, do our monthly contributions from there. Like I just, I feel like we need that reset, or we're just digging ourselves into a deeper hole, because the other side of it is, okay, like say I go and I get a higher pain position, which that is the goal. We now have a home, you know, 5-6% interest rate and we're still just spinning our wheels. Because now we're trying to keep up with that payment. So even me getting that rate, like, there's no quality of life where literally we're literally your house for? It has definitely seemed to make more sense to me

to maybe go the root of selling the house because of the money we'd be able to make and be able to pay off our debts. Like that's probably one of the most stressful things for me is probably my line of credit right now because it went from like a 2% line of credit to a 10% line of credit right now because it went from like a 2% line of credit to a 10% line of credit. So now I'm basically paying $300 or $400

by weekly on it and I'm still getting like $300 to $400 of interest a month. So it's like I'm getting nowhere. And it's like I'm getting nowhere. And it's hard. So it's like I understand selling would definitely help was in the near future like right away because we would have that flexibility to pay off all of our debts. And then if we go buy another house, it's $300,000. We're still $300,000 in debt.

Can I make an observation? Sometimes, well, you're an electrician. All right, I'm really gonna stretch myself here because I don't know anything about, I don't have a screwdriver. If I say I have electrical thing, the thing I plug my whatever into, it's right there. If I open that up somehow, which, of course, I don't know how to do, and I stick my hand

in there and I'm being electrocuted like a wily coyote or something. And then somebody, you come in an electrician and you go, hey, Remy, it looks like you're being killed as we speak. And I go, hold on, I can't stop getting my hand out because if I pulled my hand out then where am I going to plug in my plug after this, I have a feeling you might say, why don't we stop the electrocution from happening first and then we'll deal with what happens next. How does that strike you? And then we'll deal with what happens next. How does that strike you?

Probably a better strategy to go about it. Again, I'm no electrician. I'm openly admitting that. I'm from a guy who's been electrocuted once or twice. It's probably a better strategy. Okay. Okay, listen to electricians. I'm sorry for my analogy, but you get what I'm saying.

We often worry about the fifth problem down the line when our house is on fire. It's like, put the fire out first. The psychology here is that when a problem seems so overwhelming, our mind often resists breaking it down into tiny chunks. We play what if with ourselves and we even tell ourselves this is too big to tackle. I just don't know. Instead of breaking it down and taking it a single step at a time. That's what an outside third party can help. It could be me. It could be a couple's therapist. It could be anybody. But sometimes we just need somebody else to talk to and help us break down a big problem. All right, let's take a look at their numbers.

Their assets are $426,500. Their investments are $19,000, savings $2,800, debt $268,700. Therefore, their net worth is $179,000. Now big, important note, their interest rate is about to jump, maybe even double. And that's because in Canada, they don't have the same 30-year fixed mortgages that we do. What that means is that their housing cost is about to go way, way up. I'm looking at your CSP. We're going to look over your numbers. You're spending a lot of money and it's about to go way up.

So the fact is it's just not working right now. When I look at our investments and savings, I just feel like there should be a lot higher. Why do you feel that way? I just think like we're in our 30s and we just, we didn't do our due diligence with, because any investments we had, we took out to use on our down payment. Well, I mean, a house is the best investment there is. Doesn't everybody say that, especially in Canada? Your debt payments are 11.56, that's high,

and that's going higher, right? Like way higher. Yeah. What's this about to become? Well, because the big Canada's coming interest rates up again. So like that's where our, both of our line of credit rates right now is 10.45%. So that's just going to go up again.

Now, student loans are locked in at 0% interest in Canada. God bless you. So there's there's no more interest on our student loans at stop at least. Just one second while I curse out this country, this for screwing every student in America with high interest loans that cannot be discharged in bankruptcy. Mother f*** every politician who voted for that. All right. People like, oh, Remy, be nice. I'm like, it's my f*** show. I get to say what's nice. And saddling students with non-dischargeable student debt

to the tune of hundreds of thousands of dollars in America is insane. Anyway, Canada, nice job on the zero percent. That's great. All right, let's continue moving along here. And your fixed cost, what number do you see here? Candice? 74 percent. Uh-huh. And what number should that be? 50 to 60. All right. So you're way above it. Do you guys see why you argue about whatever printer ink you have to refill or whatever? See, it's this. It's this number right here. Quick reminder, when couples come to me and they argue about ordering an appetizer or some

target trip, it's almost never about that. Their arguments are almost always about their fixed costs, specifically their housing or their auto costs. These are the two primary areas that people overspend, especially by not counting in phantom costs, and then 18 months later they're in front of me arguing over the price of a chobani yogurt. Please, spend a lot of time on your fixed costs because once you commit to spending something there,

it is very, very hard to cut back. All right, so like, safe to say that your payments will be going up by several hundred dollars per month minimum. Would that be fair? Yeah, so like I probably jumped from what, 1,400 to like two brands, probably for the more good to be tax. Yeah, so let's just do that.

I'm going to add 600 here, make it 960. There we go. You're now at 83%. You guys are broke. Mm-hmm. All right, that's it. And that's if nothing else goes wrong and you don't have more stoves break and all that stuff.

All right, let's put it there though. Your savings is 2% that's not good. That means if something bad happens, you're in trouble. And this is the only couple who's ever come on this show who I actually believe for the guilt-free spending number is actually only $486 per month. And what is it? Wow, you actually have it labeled. Let's just take a look. Cause this is the only chance I've ever gotten in over 100 episodes. Brad has a golf club,

and then whatever for like a hundred bucks a month, 25% of your discretionary money goes to that. Okay, fine. Candice gets monthly nails. She labeled it $52 per month. This is how detailed we are. We're not even at 50. It's 52 and dining out is 200. Wow, round of applause.

You're the only couple who ever got their numbers right on this one. Well done. You can thank Candace on that one. Yeah, yeah, trust me, I do. Candace, good job. Candace, would you like to take a bow? Thank you. It's pretty impressive, honestly.

The fact that even with your extremely high fixed costs, you are very diligent about everything else. So I have to compliment you on that. Thank you. Can I ask you a question? The way that you feel, you're making payments, and then the interest rate goes up and it's just like trying to swim against the tide, right?

It's just horrible. What if instead you had your money working for you and your money was growing with the tide? So as the waves get bigger, your money got bigger. How would that be? Way happier with that. And again, in the office direction. your money got bigger. How would that feel? How would that feel? How would that feel? How would that feel?

How would that feel? How would that feel? How would that feel? How would that feel? How would that feel? How would that feel? How would that feel? How would that feel?

How would that feel? How would that feel? How would that feel? How would that feel? How would that feel? How would that feel? How would that feel? How would that feel?

How would that feel? How would that feel? How would that feel? How would that feel? How would some words. How do you feel about money right now? Like stressed. Yeah, stress is a good one. Like You look why what's the point? What's the point right sort of like resignation just like fucking um how about disconnected over money? Yeah There's so many right? I-hmm. I don't like it. And especially when I see that this is relatively easy to change. And when you both tell me that, you know, you're talking about, oh my God, we can't get married and we can't get, I can't get any clarity and the answer is because of money.

I go, that's it. So easy So let's talk about what your options are Brad looking at this what are your options if you simply wanted to quote fix the money problem What are my options. Yeah What are my options? Yeah. Well, the biggest one would obviously be to sell the house, I think. Then that would, like you said, that would give us a big flexibility in the short term

to be able to pay off all of our debts. And then we wouldn't have any of those payments. And then start fresh, basically. A little bit more than fresh because you too would have a lot of money in the bank, right? Yeah. and start fresh, basically. A little bit more than fresh because you too would have a lot of money in the bank, right? Yeah, exactly. How much would you have? After all said and done, you sell it, pay off all that stuff.

How much would you have? I would say probably close to 100,000. I think a little bit more than that, probably. I'm pro renting. I see the value in renting. I don't think we have to be homeowners just because everybody else is. Like I'm past that thinking,

if it's going to put us further ahead and our finances are going to be in a healthier situation, then I say, let's rent. Okay. So, Candice, you said that your debt payments would be zero, correct? Because we would get rid of our student loan and loan and credit, yeah. Correct, are you about to watch what happens

to these numbers? Yeah, I'm watching. Okay, watch this, Brad. Zero? 51%. Zero, your fixed cost chance went from 74% to 51%. What does it mean? That we're in the normal range or we should be. Better than normal. Yeah, that's like the low end to our

crushing it. You got a hundred K plus in the bank. You got fixed cost of 51% which means you have a lot of money to play with. That 9% what happens to that? Brad what would you do with that extra money every month? I would try to probably take a lot of it now to invest it but although we wouldn't have to take as much anymore because with the 100K we could probably put a good chunk of that into investing as is. So probably invested and then use the rest of it.

Like you said, to start doing more trips, I'd actually have money to spend on golf, like golf stuff, like stuff that we enjoy doing. Okay, great. Candice, what would you do? Yeah, like I've already kind of thought about it. Like I figured I'd put like 30,000 into investments. I would take so much of it to pay off like the 25,000. I have lots on debt. Set so much aside for a wedding and then so much for a down payment and then probably beef up the

emergency fund and like myself care fund, like yeah, stuff it up. The bottom line is they can't afford this house. The rates are gonna jump from $1,400 to $2,000 and they are already tight. And if they sold, they could pocket around $100,000 from the sale. Would they have to rent? Yeah, can they find a place that's affordable to them?

And even if that rent increases Be able to pay it or move to a more affordable place? Yes These are the kind of analyses we have to run when it comes to the big purchases in our lives And one of the things that happens when you talk to someone a coach a therapist a trainer is they can help you Unjump all the details in your head to make a decision very clear. So now it's obvious. What I'm curious about now that we've come to this decision is their Rich Life visions. Recall that when they were talking about what they would do with this potential cash influx, Brad mentioned taking vacations and golfing more, and Candace mentioned a wedding

and an emergency fund. Very interesting clue. Yeah. It would be nice to have like some type of a life again. Meaning what you two don't have a life. You did tell me you go out to parties and then they're usually very, very small, get together. Yeah. Did you say, Candace, you put what $66 a month aside or something for going out?

$66 a pay. No, that's just like, yeah, for fun money. So coffee shops, like whatever. Wow. And you stick to that. Very disciplined. Yeah, I'm so disciplined because I just want out of this cycle. You guys are in your early 30s.

You have no kids. You're not even married. And that's it. This is life. Like that's like me. Nice. There's no quality of life. Like we literally just have a house to say we have a house.

And I think that's part of the problem is and correct me if I'm wrong, but I think it's also like the backlash we're gonna get from people of, why would you sell your home and you're gonna go back to renting? Why would you do that? Cause they believe the whole like your home is your asset thing. Every Canadian couple that comes on this show,

every single one is petrified of what all their Canadian neighbors are gonna say, you know, I don't get it. I thought Canadians are all nice. That's what Americans are. They're all the nicest people though. Exactly, but all the Canadians are petrified of all the other Canadians.

So what are we missing here? Are you guys really mean and we just don't know it? It's uncanny. We'll deal with friends and family thing down the road. Okay, we can deal with that, especially because I know your mom suggested looking and we could talk about all that stuff. Trust me when I say this. If the two of you are going to be a family unit

over the long term, this is one of many decisions that the two of you will have to make together. It's training wheels for the things that life is gonna throw your way. So what I wanna understand, we'll come back to making a decision about the house or not.

I actually think that that is not the most important thing here. I think you two getting clarity is, I'll never really feel sorry for a couple who's like, oh, worst case scenario, we walk away, it's like $200,000. I'm like, all right. A lot of people are going to get really mad at you in the comments, but that's life.

If you were to somehow decrease the pressure that you feel, maybe it's selling your house, maybe your income goes up, whatever, and you were to be able to breathe, save a little bit more, go out to dinner once in a while. Would that change anything in your relationship dynamic? Dead silence tells me, perhaps not. Yeah, I don't really know how to answer that. I just don't think it's going to solve anything by like when I make more money or I just,

I really do think it's more than just the money part. And I just think even with more flexibility if I was making more money money or I just, I really do think it's more than just the money part. And I just think even with more flexibility, if I was making more money, like I just still think it, it just wouldn't be happening. Like I've been told these things before, but like when this happens, you know, like just keep waiting, just keep being patient, just keep being patient.

And it's just like one excuse after the next. So I still think even with more money, those steps aren't gonna come. Okay, Brad, what do you think? I think they would. Tell me, like that's been the plan, my whole time I've told her that like every time we have the same argument.

If you were to change that dynamic, where you were able to pay your bills more easily, you were able to put aside a little bit every month Would that change the relationship dynamic between you two? I think it would yes there wouldn't be so much stress put on Like finances because Maybe the first year we'd fight maybe once every two months and now it's to the point where it's like almost every two weeks. There's like a big fight.

It's very stressful and... What do you think that Candace is asking for? Deep down. Like she said, I think she wants to clarity. Do you think she has it? No. Is there any way for you to give it to her? Yeah, by proposing. That's one way. That's clear. Is this going to be the first show that we have a proposal live? I wasn't ready for this, but we could do it right here. Okay, that's definitely one way. Give me, give me some of the other ways that you could give her clarity.

I don't know. I always try to give her reassurance. Like I do lover, like I've always loved her, like I always tell her that and I've always wanted to be here, but what's the difference for you between reassurance and clarity? I would say the clarity would be more of the engagement and the reassurance would be more just like, continuously telling her that it's going to happen eventually. It's going to be okay. I love you. Things are going to happen. The reassurance side, right?

Yeah. It's all going to be fine. Don't worry about it. I'm here. I love you all that. Okay. Candice, would you agree with that reassurance more? Yeah.

Okay. All right. Yeah. Okay. So, Brad, you look like you work out a lot. Candice mentioned that you like to work out. What's your favorite thing you like to do at the gym? Back, actually.

Perfect. Okay, great. That's an unusual answer. Love it. So here we go. That's the only thing that doesn't hurt after I do it. So, as I get older, everything else hurts. I got you.

All right, so let's say you get a back injury. You still want to go to the gym, you know, it's place you like, it's your leisure time, but you can't do back anymore. What are you going to do? Other stuff probably, I'd probably just skip back day and just continue to do whatever my next step work workout would be. Perfect. So you're gonna put a pin in that, you're gonna work on other stuff, maybe even get stronger, your legs, whatever.

Candice, do you feel reassured? Uh-huh. Okay. Let's take it away. Can't use reassurance for the rest of this conversation because she knows you love her. It's clear. Help her with clarity. How would you do it?

I would tell her that I want to start a family with her someday. Like tell her in the near future. Tell her. Candice, I would love to start a family with you someday. Like in the very near future, would be preferably. You're going, can you give me a kiss? Okay, sorry. Let me just help guide this. And then I definitely would love to hear your thoughts. 100%. Keep going, Brad. I said, like, I've always wanted to take all those steps like

the reassurance side like I want to be married. I want to get married. And I want to start a family. Okay, I believe you. I think Candice believes you too. But Brad, all of that was be assurance. Yeah. I'm not certainly not saying you have to propose or pick a date. I'm not, I would never say that. I want you to look inside and really ask yourself, what would it take for me to feel comfortable going to the next step. And if there are parts you don't know, like, there's this thing I just don't know why I feel this way. Say that. I don't know. To be honest, it's, I don't know, like I've never been the type of person to talk about my feelings or any

of this type of stuff really. And I don't know, to be honest. We got two bros who don't talk about their feelings on this call. And we got Candace who's desperate to hear your feelings. Wow, we got our work cut out for us today. Ha ha ha. Uh, yeah, I guess, but... I just said, like, I'm,

there, this isn't usually conversations I would ever have, like, with any of my friends, or not even my family, like, I just not, that's just not the type of person I am, I guess I don't talk about that stuff. I get it. How do you think that your friends decided that they were ready to propose? I don't know, I know they just felt they were ready maybe

and with the person that they wanna be, spend the rest of their life with. It's gotta feel lonely for you. Yeah, it's hard. It's definitely very hard and very scary. I will say like, we had our five year anniversary on Saturday, nice. And basically the whole week,

I was very stressed out didn't sleep because of the whole thought that if I didn't propose by Saturday that's like, I don't know, I basically thought that we were just going to get in a big fight on Saturday because it didn't happen. And that was on me. So. I appreciate you being so honest. This stuff is not easy to talk about at all. And as a guy, nobody teaches me how to talk about it. Nobody taught me.

Like, that's why when I'm talking about you and your bros and your back split, I'm like, I'm more comfortable talking about that. Let's talk about your splitting the gym. And we can talk about that all day. It's this stuff. It's these life decisions and these feelings that both of us are like, am I supposed to feel

something? Where do I even feel? What is a feeling? Yeah. How do you know? How do you know? What a profound question. I remember asking my friends in New York, these were good friends of mine in New York. We were all single there at the time. And one by one, they got into serious relationships. And I remember asking them, how did you know? How did you know you were ready to propose? How did you know they were the one?

And you know what, I never really got a satisfactory answer. At least not through the lens of logic and details that I was looking for. But later, when I met Cass and proposed to her, I understood. So I feel a lot of compassion for Candace and Brad. Candace wants to know what's next. She's weighted. She's supported this relationship.

She's taken on the work of being extremely disciplined with their finances. And I also feel for Brad who wasn't taught to talk about feelings like a lot of guys including me. He does what he knows, which is to reassure her that everything will be okay, a very typical trait of men. But the truth is that's not really what Candace is looking for. She wants clarity, not reassurance. If we ask Candace about her feelings, I bet you, I'm going to ask her right now, it would

roll off her tongue. Let's see if I'm right. Candace, when you think about your relationship in the future, together with Brad, what feelings do you have? Like, I feel like as of lately, I have a lot of different feelings, because I'm more so frustrated. Like, frustration, the emotion that comes to the head for me at the moment, you know, at one, at one point I did like dream about getting married and having a kid or two. For me, it's that symbolism of like a family unit. Like for me, it's super important.

Like that I married to the person I'm doing life with. And like if we have a child, like the one I have the same last name as my child, all of those things, it just feels like you're a family, like a unit, you're united. So yeah, that's how that's how it made me feel. Brad, do you feel that same way too? If you think about having, being married and potentially having kids, what feeling would come to mind for you? I think I would feel happy. You think you would? Yeah, I would feel happy. You think you would? Yeah, I would be happy.

I want a family and I want to have kids. I think I'd be a great dad. Okay. I enjoy, like I always be hanging over with my niece and after you a lot. And I find I get along really well with them. And I think I'm pretty good with kids and. What's stopping you? What the financial part of it aside?

What would be stopping you from moving towards that? Other than the financial side, I don't think anything really. It's interesting Brad listening to you talk. And one of the things I notice is a linear way of thinking, which is first I need to do this and then I will do that and then we'll do that. One, two, three. Would you say that that's a fair assessment? Yeah, very.

Okay. And I think that for some things, it works. It's very progressive, right? Probably at the gym is a good example. First, lift this, then lift that. Great. And I think probably there's some element of that with money as well.

Like the idea that I'm only going to talk about money once I have it, and then I'm only going to propose once I feel secure, and I don't know what feeling secure is, but I know it's not that. That probably drives Candace nuts. Let's check. I don't want to put words in her mouth. Candice? Yeah.

It's like again, it's just so frustrating. Yeah. What do you think about my observation on the linearity, the first this, then that? I totally agree, but it's also like, what are we going to do first this, then that? Yes, there's no game plan. When Candace says that she doesn't want the same relationship as her parents, what do you think she's saying there? Like she said, she wants more of a joint commitment

like for financials and for me to take more of her reins and be more of a go-getter in that sense. Go-getter means what? Like, take more initiative. Yeah. Probably bring up, talking about money, probably take on some of the monthly tasks. Probably just not have to feel like she's always pulling. Yeah. Would you be comfortable taking on some, not all, but some of the load when it comes to the finances? Yeah. Okay. Like we were always kind of just like independent, like she said, like she always just took care of the mortgage and I just dealt with everything else.

Yeah. And that's just kind of how our dynamic worked. I guess that's just, that's how we made it work. I totally get that. You have done what so many couples have done, which is to slip into a dynamic that totally replicates what your parents did. And you just slipped right in like you got on a water slide. Boom. And part of that complication is the two of you have never sat down and really honestly discussed it. Yeah, we've never really had those deep conversations either. What?

So, what do you just get drunk and then fight about who's getting engaged? Let's not do that. It's very, yeah, it's very surface level. Like, we don't dig deep into our, like, we've never really talked about that stuff. Well, I'm glad that we're talking about it. And a lot of the discussion we had today is not just about numbers. It's about the two of you really being honest

and going beneath the surface. The conversation today was not really about the house or interest rates. It was about the future that the two of them would like to have. Candace wanted to, as she put it, move forward in their relationship, which to her meant the logical next step of marriage. Brad said he didn't feel financially secure yet. We also discussed the difference between reassurance and clarity, which was a big challenge in their relationship.

Now I'd like to share the follow-ups from Brad and Candice here. First question was, what surprised me most? I would definitely say what surprised me most was not understanding or knowing the difference between reassurance compared to clarity. Some of the major takeaways that I had for this is that the biggest one to be that maybe in order to take the next step in our relationship, we may need to take a step back from the host and look into selling it to better ourselves for the future. And then we also need to start taking more initiative when it comes to our finances and help Candice instead of just letting her take the lead all the time. With that comes the communication side of it,

whereas we need to start sitting down and talking about our finances more often and more frequently. We decided we are going to sell the hosts, which will basically double our profits from when we bought the hosts at around 240K, which will be very nice to see you and be able to pay off all of our debts and really give us some some money in the bank to really start pushing things forward with all that being said that's the route that we're going to take and again we greatly appreciate your time.

And thanks for talking to us. And now Candace. Hi, Rameet. I'm so thankful to you for choosing to work with Brandon and I. I'm sure you get a ton of applications. And I just feel like I couldn't have come in a better time. And I'm just really, really grateful that you chose to proceed with us

and give us the tips and advice that you chose to proceed with us and give us, you know, the tips and advice that you did. So thank you so much. But you nailed it on the head when you said that he doesn't give me clarity, he just gives me reassurance. Getting to watch you in Iraq with Brandon asked the hard questions and seeing him still struggle even with you, like that was the clarity that I needed. We have decided to sell the house and we did our homework and we now know roughly market value. We're probably gonna list for about 510,000 to start. Again, hopefully after realtor fees,

lawyer fees, we'll be walking away with a good 130 grand each in our pocket, ideally. And we looked at apartments and that'll be roughly 1700 utilities included for a two bedroom. So to answer your question what was the most surprising thing? It was probably when Brandt said that he felt sick and couldn't sleep the whole week up to Saturday of our five-year anniversary thinking that we would get in a fight that he didn't propose. So obviously it still has not happened and it's just clarity to me that it's just not, this

isn't meant for us. This relationship costs a lesson and we've learned a lot from each other, but to me this is the universe saying it's time to, you know, close this door, but I look at us buying this house as a blessing because we're now able to both benefit from, you know, selling this property and getting ourselves financially further ahead, while it is going to be hard to go our separate ways, I just feel like in the end it's what's going to be best for both of us and I truly hope that Brankan, you know, work on himself and find the one that will make him, you know, want to go all the way and commit and start that family with.

I did not expect these follow-ups and I deeply appreciate Candace and Brad sharing their story here. Couples often come on this podcast to ask about a specific financial question, but in our conversations, we almost always discover that money and values are deeply intertwined. And sometimes couples are able to navigate the financial questions because their values are aligned, and other times, they are not. I wish Candice and Brad each the best. I like to remind you about our podcast newsletter, which I write every Saturday about money and psychology.

You can sign up at iwt.com slash podcast newsletter, and the material that I send out every Saturday does not get sent out again. So please sign up at iwt.com slash podcast newsletter if you are interested in learning more about money psychology. Thanks for listening to I Will Teach You To Be Rich. I'm Remeteed Saiti. Please follow the show on Apple, Spotify, or wherever you listen to podcasts.

If you haven't read, I will teach you to be rich. My book, pick up a copy. You can get it at any bookstore or any library, and it will show you the specific tactics for how to build the I will teach you to be rich system into your personal finances. financial finances.