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The Ramsey Show Highlights

Don't Put Your Children in this Position

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5840 Ratings

🗓️ 3 August 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:06.5

Years ago, my mother-in-law was living with me and my wife. We bought the family house that she was

0:13.8

living in. At that time, she only owned 50% of the house. Okay. The other half was owned by the sister-in-law at that time.

0:24.5

The, her husband died.

0:27.9

So I made my wife bought the, the house.

0:32.0

50% went to the sister-in-law.

0:34.7

My, you know, my father-in-law and sister.

0:37.2

Okay. And we, her mom was like,

0:42.2

hey, can I live with you guys? If that's okay, I said, sure, fine. After a couple years later,

0:49.2

um, I, she went for a car ride and I asked her, you know, I was just curious.

0:54.2

I said like mom, how much do you have like retirement and stuff like that?

1:00.1

And she's like, no, I really don't.

1:02.8

And she's like, I only have maybe like $80,000.

1:06.8

And I was like, wait a second.

1:08.1

And it was like, you're 72 years old.

1:10.5

You only have $80,000.

1:13.3

With something naturally, like, happens.

1:17.0

And she said, well, I figured you guys would help me out.

1:22.7

And I was like, what?

1:24.9

And she's like, well, I figured all if all the money goes gone, I figured

1:29.8

you and my daughter would help me out. And after that conversation, I saw, I asked, you know,

1:40.8

talk to my wife about it and she, and my wife was a call to it and then her mom moved out

...

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