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Five from the headquarters of Ramsey Solutions, broadcasting from the pods, moving and storage studios.

It's the Ramsey Show where we help people build wealth to work that they love and create actual amazing relationships.

Dr. John Beloney Ramsey Personality is my co-host today.

Thank you for joining us. Open phones are triple eight, eight two five, five two two five.

Kim is going to start off this particular hour. She's in San Francisco.

Hi, Kim. How are you? Great. Thank you for taking my call.

Sure. What's up? I need you to give me some advice on how to get my foster child to make

better financial decisions. What's going on? He was given a scholarship

and on April 14th, he had about $2600 that we put in a college savings account or I guess it's a

checking savings account. I had to leave town for a little bit and then he figured out he didn't

have the card but he figured out how to use the pay on your phone app and I just saw it vanishing

before my eyes and it's down to about $1,000 now since April 14th and I've had multiple

conversations with him about budgeting and but I think he's just impulsive due to his history.

Yeah, this how old is he? 17 and a half. How long has he been with you?

Ten April.

Well, you don't really get to play the mom card when you've been with him since April.

In other words, it's tougher. This is with a 17-year-old especially, I would think you're in the

persuasion business and how do we help a young man who has presumably been in several different

houses over his life have a sense of foundation and a sense of vision for his life that makes him

think longer than Friday and plan longer than Friday, which is what you're trying to get him to do.

I think it's more about having a vision for your life, which you had for him more than he had for him.

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