Smart Money Habits: 8 Ways to Grow Your Savings Fast

[00:08:12]
Ramit:
You
doubled
your
salary.
That’s
transformative.
How
did
it
feel
when
you
discovered
that
you
had
doubled
it?

[00:08:20]
DJ:
I
didn’t
even
realize
it
until
I
was
filling
out
the
conscious
spending
plan
that
I
doubled
my
salary.
It
feels
amazing,
but
it’s
also
really
scary
because,
okay,
I’ve
doubled
my
salary.
Is
that
even
enough
to
support
the
lifestyle
that
I
want?

[00:08:36]
Ramit:
What
kind
of
lifestyle
do
you
want?

[00:08:38]
DJ:
I
want
to
be
able
to
travel.
I
want
to
have
a
home,
something
that
belongs
to
me,
and
I
want
to
be
able
to
buy
clothes,
get
my
hair
done
whenever
I
want.

[00:08:50]
Ramit:
Do
you
think
that
somebody
on
your
income
should
be
able
to
afford
that?

[00:08:53]
DJ:
I
think
it
depends
on
your
values.
Right
now,
I
value
going
to
get
my
hair
done.

[00:08:58]
Ramit:
So
you
don’t
value
saving
right
now.
Am
I
hearing
that
right?

[00:09:02]
DJ:
I
value
saving
if
I
have
a
goal
in
mind. 

[00:09:05]
Ramit:
And
do
you
value
paying
off
your
credit
card
debt
every
single
month?

[00:09:09]
DJ:
If
it’s
important
to
Adam,
then
I
care.

[00:09:12]
Ramit:
Well,
why
don’t
you
ask
him?

[00:09:14]
DJ:
Adam,
is
it
important
to
you
that
I’m
debt
free?

[00:09:18]
Adam:
You
don’t
have
to
be
debt
free.
I’m
not
debt
free.
I
have
a
lot
of
debts.
But
it’s
important
that
you
can
manage
your
debts
in
a
way
that
won’t
drag
us
both
down
one
day.

[00:09:29]
Ramit:
What
did
you
just
take
away
from
that
answer?

[00:09:31]
DJ:
That
he
sees
me
being
in
debt
as
a
risk?

[00:09:34]
Ramit:
Mm-hmm.
Okay.
So
what
was
the
question
you
asked
him?

[00:09:37]
DJ:
If
me
being
debt
free
is
important
to
him.

[00:09:40]
Ramit:
Uh-huh.
And
what
do
you
think
that
he
said
just
now?

[00:09:43]
DJ:
He
said
he
doesn’t
care
if
I’m
debt
free,
as
long
as
it
doesn’t
both
drag
us
both
down
eventually.

[00:09:48]
Ramit:
Adam,
it’s
interesting
she
asked
a
pretty
direct
question,
and
your
answer
was
quite
indirect.
Did
you
notice
that?

[00:09:55]
Adam:
Yeah,
a
little
bit.
She
knows
my
answers
because
I’ve
been
through
this
before.
I
am
divorced
and
finances
is
one
of
the
major
roles
that
screwed
it
up
the
first
time.

We
were
both
working
jobs
that
we
didn’t
like,
so
spending
was
our
way
to
just
feel
better.
And
I
don’t
know
if
that
what
DJ
goes
through
day
in,
day
out.
But
for
me,
I
was
working
a
job
many
people
would’ve
dreamed
about,
and
I
was
just
so
miserable.
Spending
was
what
got
me
by.

[00:10:26]
Ramit:
Mm-hmm.

[00:10:28]
Adam:
And
then
a
wall
hit
where
the
credit
cards
were
so
high.
It
led
to
disdain
for
each
other
and
fighting
and
eventually
splitting
up.

[00:10:37]
Ramit:
think
that
was
directly
responsible
because
of
money?

[00:10:40]
Adam:
Money
was
absolutely
one
of
the
top
reasons.