Big Paychecks Won’t Fix Dumb Financial Decisions

The Ramsey Show

Ramsey Network

Business, Education, Investing, Self-improvement

4.6 • 36.7K Ratings

🗓️ 29 October 2025

⏱️ 127 minutes

🔗️ Recording | iTunes | RSS

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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.
0:07.0	Normal is broke and common sense is weird, so we're here to help you transform your life.
0:25.8	From the Ramsey Network in the Fairwinds Credit Union Studio, this is The Ramsey Show.
0:30.2	I'm Ramsey Personality, George Camel, joined by best-selling author, Jade Warshaw,
0:35.0	and we're taking your calls at AAA-825-225.
0:37.7	Peter is in Philadelphia to kick us off.
0:38.5	What's going on, Peter?
0:41.0	Hi, how are you?
0:45.0	Just stressed about bills and thinking about bankruptcy.
0:46.5	Oh, man.
0:47.9	How much debt do you have?
0:51.7	A little over $25,000.
0:53.3	What kind of debt is that? Maybe closer to $30.
0:55.1	Car, personal loan,000. What kind of debt is that? Maybe closer to 30. Car, personal loan, hospital bills, gas bill.
1:03.6	And what's left on the car?
1:06.1	The car is 10.
1:07.9	The personal loan is 11.
1:10.3	And that's just, you know know like personal loan just because I'm
1:14.1	trying I'm trying to get myself out of a jam so I go back into it you're in a cycle what do you
1:20.7	make right uh 126 um base salary dude and I think last year I pulled in about 180 for overtime.
1:29.2	America just lost all empathy here.
1:31.0	You make $130,000 and you're calling in trying to file bankruptcy over 20?
	...

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