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The Ramsey Show Highlights

“He’s A Sugar Daddy!”

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 20 January 2025

⏱️ 8 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.

0:06.5

So basically, I'm calling about my mom. I'm very concerned for her. She has a bad track record for

0:13.7

being financially smart. And recently she just got into a relationship that's only been about six months.

0:22.1

And he has a lot of money.

0:23.5

Um, so she thinks that she wants to quit her job, um, and live off of his money and then

0:31.5

sell her house and then that's her retirement.

0:35.0

So I don't, I just don't really know like how to give her advice and she has

0:40.9

asked me for advice. She did ask. Interesting. She did ask for advice. Because the one thing that

0:49.0

changes the whole discussion is the marriage date. When are they getting married? That's exactly my point as well. Like, I'm telling her you get married before you decide to

0:58.7

quit your job or decide to move in with him.

1:03.2

But is there a day?

1:04.4

If you quit your job and move in with somebody and sell your house that's rich,

1:09.4

that's called a sugar daddy.

1:14.9

We have a name for that guy he's a really I don't care he's a sugar daddy he might be a nice one but that's what he is

1:22.6

no you don't do that mom how did you get to be mom and not know that?

1:29.8

Trust me.

1:30.6

I don't know.

1:33.9

So what have you said to her, what have you said to her so far about it?

1:35.5

What have you told her so far? He wants to take care of her and she, you know, he supports her in any decision she wants to do.

1:42.1

She doesn't want to work anymore.

1:43.7

That's okay.

1:44.5

She'll, you'll pay for, you know, all the bills. And she wants to sell her car. She also has a,

...

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