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The Ramsey Show Highlights

How Do I Handle Settlement Money From an Accident?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 25 October 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel, & Kristina Ellis. Part of the Ramsey Network. Delivered to you five days a week. 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

This is the Ramsey Call of the Day, part of the Ramsey Network.

0:10.8

Joining me today is Ramsey personality, Ken Coleman.

0:15.7

Lynn is with us.

0:16.8

Lynn is in Tulsa, Oklahoma.

0:18.9

How are you, Lynn?

0:20.5

I'm great. How are you, Lynn? I'm great.

0:21.2

How are you?

0:21.8

Better than I deserve.

0:23.1

What's up?

0:24.0

So several months ago, my kids and I and my husband were in an accident, and we are getting a settlement.

0:31.6

My kids especially are going to be getting a good settlement.

0:36.0

And I'm wondering, what is the best way to go about saving that?

0:39.7

Okay.

0:41.0

Are they, is everybody okay?

0:44.5

Yes.

0:45.4

Yeah.

0:46.2

Good.

0:47.1

I'm glad.

0:48.5

So is there any ongoing medical need or future surgeries that we need to set money aside for?

0:56.1

Surprisingly, no.

0:57.3

Go ahead.

0:58.0

Okay.

...

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