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Latest / Money For Couples with Ramit Sethi

38. “He owes his ex $70k/year and it’s straining our finances and our relationship”

Rebecca and John are both attorneys and make good money. While John makes more, he’s legally obligated to pay around $70k annually in alimony and insurance tied to a past divorce settlement.

On top of that, his income can vary widely, making the future difficult to plan for—and he has debt. He’s 61 but sees no way he can retire any time soon.

They’re dealing with not only the very real financial problems they face but also the resentment caused by them. That resentment colors every interaction they have with money.

When I start digging into where the rest of their income goes, they start to…

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