A Large Income Won’t Protect You From Debt

The Ramsey Show

Ramsey Network

Business, Education, Investing, Self-improvement

4.6 • 36.7K Ratings

🗓️ 29 November 2024

⏱️ 85 minutes

🔗️ Recording | iTunes | RSS

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Summary

📈 Are you on track with the Baby Steps? Get a Free Personalized Plan 📱Watch the full episode for free in the Ramsey Network app. While we're out for the long weekend, we've compiled some of our favorite Rachel and Jade calls from the past couple of years. Enjoy your day and we'll be back with a live show on Monday! Rachel Cruze & Jade Warshaw answer your questions and discuss: "I’m over $1M in debt, what can we do?" "I work 90 hours/week and am in terrible debt" "My husband lost his job after we bought a house." "Is it ethical for us to use charity food pantries?" "My husband has always left me out of our finances. What should I do?’" "Tips to lower Insurance rates for homes/cars this year." Support Our Sponsors: 🌱 Get 10% off your first month of BetterHelp 🏥 Learn more about Christian Healthcare Ministries 🏡 Get started today with Churchill Mortgage 🔒 Get 20% off when you join DeleteMe 🏦 Go to FAIRWINDS Credit Union for an exclusive account bundle! 🥗 Save 15% on your first Field of Greens order with code RAMSEY 💤 Visit Helix Sleep for special offers! 💻 Visit NetSuite today to learn more 🗂️ Use promo code RAMSEY for 18% off at The Nokbox 🏛 Get started with YRefy or call 844-2-RAMSEY 🔐 Visit Zander Insurance for your free instant quote today! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🎟️ See Dave and John LIVE in a city near you! 💵 Start your free budget today. Download the EveryDollar app! 🛒 Black Friday deals are here! Get meaningful gifts for as low as $8! Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	Hey guys, Black Friday week is here with five days of deals starting at just $12.
0:05.9	Go to Ramsey Solutions.com slash store to check them out.
0:48.2	Thank you. Live from the headquarters of Ramsey Solutions, it's The Ramsey Show, where we help people build wealth, do work they love, and create amazing relationships.
0:55.0	I am Rachel Cruz hosting this hour with Jade Warshaw, and we are here to take your calls.
1:05.1	And you can call us at AAA 825-5-225, and we'll be answering your questions on life and money and career, relationships.
1:07.3	All of it, all of it.
1:09.7	So let's get to the phones this hour.
1:14.2	We have Amy in Pensacola. Hi, Amy. Welcome to the show.
1:31.6	Hi. How are you? We are doing great. How are you? Good. How can we know? I'm really, really, yeah, excited to be on the phone. So I have a bunch of questions, but my husband and I are definitely in need to help with overall financial plan. We have more than over a million dollars in death.
1:37.4	Whoa. What's it in? Yeah. What's the debt in? Well, we went through a really long school life.
1:46.2	Okay.
1:47.8	So our student loan was a million when we graduated.
1:51.7	Oh my gosh.
1:53.0	Wait, you can't just cruise past that.
1:54.7	You've got to tell us more.
1:56.4	What are your degrees then, Amy?
1:59.0	So we are both in dental specialists.
2:02.3	So, you know, college.
2:04.4	Well, we actually didn't have any loans for college.
2:07.3	Dental school, we had loans.
2:09.2	Specialist residencies, we actually didn't have loans because my husband served in the military.
2:14.8	So they pay for that.
	...

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