Most people 'genuinely have no idea'The couple's recent major purchases include an awning and rack for their van and a vacation to Barbados.
In both instances, they considered whether or not they could afford the purchase on a monthly basis, Sethi said.
"This is very common, and most people genuinely have no idea how to decide if they can afford something."
Like many people, Callie and Travis think about their budget on a monthly basis, rather than an annual one.
"Until now, they would go on trips, charge up a bunch of stuff, and then get surprised at how much it all cost," Sethi said.
Persons:
Callie, Travis, Ramit Sethi, Rich, Sethi, Skip
Locations:
Texas, Barbados, Alaska