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The Ramsey Show

Dealing With Messy Family Money Situations (Hour 1)

The Ramsey Show

Ramsey Network

Investing, Self-improvement, Education, Business

4.538.5K Ratings

🗓️ 6 July 2023

⏱️ 41 minutes

🧾️ Download transcript

Summary

Ken Coleman & Dr. John Delony answer your questions and discuss: The current jobs report and inflation numbers, "Can I keep charging my sister rent?" "My husband hates his job..." "Can I skip investing to pay off the house?" from the blog: The 7 Baby Steps, "Should we sell our investment property?" "Paying off debt with the debt snowball" from the blog: How the Debt Snowball Method Works Support Our Sponsor: Christian Healthcare Ministries PODS Moving & Storage Balance of Nature Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Here's an EveryDollar deal just for our listeners: get a 14-day free trial PLUS $15 off your first year of premium. Click the link below and start budgeting today! www.everydollar.com/TRS Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Interested in advertising on The Ramsey Show? https://ter.li/s64ye3 Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I captured your new well down color

0:10.8

Live from the headquarters of Ramsay Solutions, broadcasting from the Pots, moving in storage

0:34.5

studio, this is the Ramsay Show, where we help you win in your life, specifically your

0:40.0

money, your relationships and your work. The phone number to jump in is triple 8, 8, 2, 5,

0:45.7

2, 2, 5, that's triple 8, 8, 2, 5, 2, 2, 5, I'm Ken Coleman joined by Dr. John Deloney.

0:52.3

We're here for you this hour taking your money questions of course and then those relationship

0:57.6

questions, mental health stuff and then John and I love and we're together. We like to take

1:02.0

on those nasty work situations that involve a whole lot of mental health and then the money

1:07.8

comes in there too John because people don't want to leave necessarily a nasty situation

1:12.8

but it's killing them. Yeah and I was waiting for today to talk to you about the stat I saw

1:18.3

the other day. You mind digging into a work question? I don't. I saw that they doubled the

1:23.3

expectation in jobs. Is that right? What do you mean by doubled the expectation?

1:28.9

There was an expected, here are some of the jobs we think are going to, new jobs are going

1:32.6

to be on the market and it came out it was double. Yeah over 300,000 jobs, I thought it was

1:36.7

going to be in the 150,000 jobs. So again, we're in a weird job economy because unemployment

1:42.3

is low 3.7% but people laying big companies are laying people off because there's this

1:48.0

threat of a recession. Some economists think we're already in a mild recession and so anyway

1:54.0

needless to say you can still get a good gig right now and inflation seems to be dipping

2:01.1

but the Fed says they're going to raise interest rates maybe two more times before the year

2:05.6

is out. We are seeing now the Supreme Court rule just last week that the student loan forgiveness

2:11.9

from Biden is not legal. So now student loan payments coming on in late August. It's about

2:19.0

ready to get into a really crazy financial time and all that to say people who have control

...

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