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The Ramsey Show Highlights

Did I Make A Mistake Financially Helping My Daughter?

The Ramsey Show Highlights

Ramsey Network

Business, Education, Investing, Self-improvement

4.5839 Ratings

🗓️ 7 February 2026

⏱️ 10 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by the Every Dollar app.

0:04.5

Start budgeting for free today.

0:06.8

It's our daughter's house that I'm wondering about.

0:10.1

She got divorced about a year ago and she got the house, but she also got the mortgage with

0:16.7

it.

0:17.7

But there's plenty of, there's about half of it. She had good assets, you know, half the value.

0:24.6

But she had to refinance it for half of it, and she really can't afford it, so we've

0:30.5

been helping her, and just wondering if we did the wrong thing, probably co-signing for it

0:35.2

so she could qualify.

0:36.8

Oh, you co-signed for the mortgage

0:38.6

we did yes for the refinance yep and you're helping her because she she can't afford the payments

0:47.3

right now she's going to school and working part-time yes so how much are you are you guys giving her

0:52.1

every month?

0:55.0

Well, it varied.

0:59.6

I mean, sometimes she'd come up with the full mortgage, got close to Christmas there.

1:05.3

We didn't even see a payment through on then, because, so it's kind of been biting us a little bit there.

1:06.6

And she's working full-time?

1:11.7

Birt time, and going to school for teaching right now too.

1:13.2

Okay, what is she doing for work?

1:18.7

She's working in a school setting as a paraprofessional, they call them.

1:20.8

Okay, so let's fast forward.

1:22.4

She's done with school.

...

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