“We invested our wedding money…in psychedelics”
12/30/20251 hr 8 min
Two couples take the stage with a shared question—but very different financial realities: When is “enough” actually enough to move forward?
Finn and Luna built a successful pet-sitting business and now sit on hundreds of thousands of dollars—but with no clear plan for investing, homeownership, or the future. Meanwhile, Monica and Antonio earn a strong income, are completely debt-free, and yet feel paralyzed by fear as they juggle parenting, aging parents, and the possibility of purchasing a larger home.
In this live episode, Ramit digs into the tension between optimism and realism, abundance and anxi...
Clips
Transcript preview
First 90 secondsRamit Sethi· Host0:00
If you or your partner has fallen for a scam, I wanna help, especially if you've recently fallen for an email or text scam, or you've gotten bad financial advice from someone who did not keep their promises, or maybe you just have not even told your partner because you are embarrassed. If this is you, I wanna talk. Apply for free coaching with me by being on my podcast. Apply today at iwt.com/apply. That's iwt.com/apply. I understand you all have $2,000 in psychedelic stocks. What the [beep] is that?
Speaker 20:35
[laughs] We took a couple thousand dollars from our wedding gifts and we bought, um, mushroom stocks. You've never been on shroom stocks on Reddit, I, I'm sure.
Ramit Sethi· Host0:44
[laughs] No, I have not. I've not stumbled across that subreddit.
Speaker 20:47
[laughs] I understand that we need to have an actual plan- Yeah ... but we're unsophisticated with money.
Luna· Guest0:53
If I have the money, for example, in my checking account, it will get spent until it gets replenished.
Ramit Sethi· Host0:58
Whoa. You all agree you have a high income?
Speaker 21:00
We don't feel like it.
Luna· Guest1:01
No, we don't [laughs] feel like it.
Ramit Sethi· Host1:02
Do we have, really have to do this thing again? That's a high income, and don't pull that [beep] on me. "Not in San Francisco." I'm more self-aware. She's more critical of herself, with it's just the behavior and the responsibility that she has and has been instilled with her. Let me ask you, Monica, do you recognize that?
Luna· Guest1:17
I hear you. But the honest answer [laughs] is no.
Ramit Sethi· Host1:21
You can't go the next 17 years, 30 years, feeling horrible. You just can't. No one can run a marathon that long and hate what they're doing.