128. We have $285k in debt. Can we achieve financial freedom in 5 years? (Part 1)

Published: Oct. 31, 2023, 10 a.m.

b'Trin and Lucas are 35 with two kids. They\\u2019re bleeding money but they don\\u2019t know why, or how to fix it. Lucas is an extreme entrepreneur, leading to trust issues related to his shocking risk taking and lack of transparency. Matters are complicated further by a fixed-costs percentage of 150%+.\\xa0\\xa0\\n\\nThis episode is brought to you by:\\nMethodology | Visit https://gomethodology.com/ramit and use code RAMIT for 10% off your first order of Methodology.\\nBabbel | Right now, when you purchase a 3-month Babbel subscription, you\\u2019ll get an additional 3 months for FREE. Just go to https://Babbel.com and use promo code RAMIT.\\nRocket Money | Stop throwing your money away. Cancel unwanted subscriptions \\u2013 and manage your expenses the easy way \\u2013 by going to https://rocketmoney.com/ramit.\\nLMNT | 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.\\n\\nConnect with Ramit\\n\\nGet the Podcast Newsletter and exclusive Q&A about the show\\n\\nGet Money Coaching with Ramit\\xa0\\n\\nDownload the Conscious Spending Plan\\n\\nGet my New York Times best-selling book\\n\\nGet my no-numbers journal\\n\\nOther episodes\\n\\nInstagram\\n\\nTwitter\\n\\nYouTube\\n\\nSubmit a question for the newsletter iwt.com/askramit\\xa0\\n\\n\\nIf 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.\\n\\nProduced by Crate Media.'