“Our childcare costs are about to quadruple. Are we screwed?” (Part 2)

Ramit Sethi of I Will Teach You To Be Rich continues talking with Dominique (33) and Chris (34) — a couple earning $180K a year, raising a toddler, and still living paycheck to paycheck. Dominique felt alone in managing their finances, while Chris stayed disengaged, assuming things were fine. In Part One, we uncovered the cracks: a lack of communication, zero long-term planning, and growing resentment. Now, as their childcare costs are about to quadruple, will they be able to move past survival mode and start working as a team? Will Chris finally step up — and can Dominique let go of overthinking and accept support? In this episode we uncover: * How their expensive Arizona house became a symbol of both pride and financial strain. * The quiet resentment Dominique feels when Chris is out of work — and why she kept it to herself. * A surprising disconnect around how much they contribute — and who’s really paying more. * Ramit’s reality check about going month to month on a six-figure income. * Why Dominique’s overthinking makes her feel in control — but leaves them stuck in place. * The false sense of security that’s masking a dangerous truth: They have just two months of savings. * The emotional cost of living reactively — and what it will take for them to finally plan ahead. ⏩ CHAPTERS (00:00:00) “My friend sold it to me…” — the truth about whole life insurance (00:08:18) Investing, saving… or just surviving? (00:14:11) Problem-oriented vs. solution-oriented (00:21:24) Ramit breaks down their numbers (00:25:27) He’s living for his son — but what about himself? (00:37:45) What if selling your house meant losing money? (00:42:26) “I thought I’d be co-parenting by now” (00:51:51) Dominique & Chris 2.0: Confident. Open. Together. (01:02:43) Where are they now? Dominique and Chris’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.