149. “We have no savings but bought our kid a $500 toy for Christmas” (Part 1)

I Will Teach You To Be Rich

Elizabeth and Jonathan are in their mid-thirties, have been married for 13 years, and share a young daughter. They bought a starter home after getting married, but expensive renovations are still underway. They struggle with debt and spend a lot on their child. They’re wondering—is this it?

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Links mentioned in this episode

• “We’re broke, but I spend $350/mo on clothes” (Part 2)

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