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The Ramsey Show Highlights

"Are You Going To Argue With Me Over Something That Stupid?"

The Ramsey Show Highlights

Ramsey Network

Business, Investing, Education, Self-improvement

4.5839 Ratings

🗓️ 6 April 2026

⏱️ 4 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.0

I am about 20 years old with about 50 grand in debt.

0:11.0

Wow.

0:12.0

30 of that being a car loan. Three of it being from a square loan from the business that I shut down here recently.

0:23.0

And some of it's medical, like just outstanding medical debt.

0:27.4

Like, I mean, I was in motorcycle accident three years ago that I saw

0:30.5

haven't paid.

0:31.6

Um, I owe a friend of a family friend about three grand. Um, i owe like a tire shop almost two grand like i i guess my

0:44.0

question that i want to ask you today is like i don't know where to start with this because it feels like

0:48.5

a lot and i truthfully don't know where a lot of the debt is um Like I owed a dermatology group, sorry, like

0:56.0

800 bucks and I owe like other medical companies money and I just don't know exactly where all

1:02.0

that debt is, where the creditors are like every now and then I get calls. Yeah, Michael. So how has your

1:09.4

life been so chaotic in the last two or three years that this has happened?

1:13.6

Because it sounds like you're just spiraling, man. Sounds like chaos.

1:17.6

Yeah, I'd agree. Yeah. Truthfully, it is. And two years ago, I started my own business with my best friend.

1:26.1

We found a building we go into, and truthfully, it just kind of took off like crazy.

1:31.3

And then it didn't.

1:34.3

Correct. I had bought them out of the business, went solo.

1:39.3

I got in some trouble, small trouble with my previous account. I even owe my previous account $800.

1:46.8

And they did no work for me.

1:49.0

They followed my taxes late for me.

1:51.3

So I'm finally out of the tax that I had employee at the time.

...

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