How the Debt Ceiling Affects Your Money (Hour 2)

The Ramsey Show

Ramsey Network

Investing, Education, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 16 May 2023

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dave Ramsey & Rachel Cruze answer your questions and discuss: Why it's hard to pay off debt if you don't combine finances in marriage, How the debt ceiling debacle affects you, What to do with an insurance payout from a wife's passing, "Should I help my girlfriend with her expenses?" Support Our Sponsor: DreamCloud Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Join a Personality-led FPU class. Click here! Enter The Ramsey Cash Giveaway for a chance at $3,000! https://bit.ly/TRSgvwy Shop our bestsellers during the $10 Sale! https://bit.ly/TRS10Sale Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Interested in advertising on The Ramsey Show? https://ter.li/s64ye3 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	Lead dude, deliver your cars tonight...
0:04.8	Live from the headquarters of Ramsey Solutions, broadcasting from the pods, moving in storage
0:33.2	studio. It's the Ramsey Show where we help people. Build wealth, do work that they love and create
0:41.9	actual amazing relationships. Rachel Cruz, Ramsey Personality Number One Best Selling author,
0:48.6	host of the Rachel Cruz Show, co-host of Smart Money Happy Hour with George Kamel is my co-host
0:54.8	today. Thank you for joining us America. Lee is with us in St. Louis. Hi Lee, welcome to the Ramsey
1:01.0	Show. Hi Mr. Ramsey. I was calling today because I'm trying to get through these baby steps
1:09.3	kind of on my own since my husband and I, our finances are separated. And I'm wondering
1:15.4	if I should stop putting into my 401k to get there faster. Why are your finances, is it
1:23.6	Leah or Lee? It's Leah, that's not true. No, no, it's great. I think called words. No, it's
1:28.9	wrong. Oh my gosh. I'll call you by your right hand though. Yeah, Leah, why are the finances
1:34.8	separate? They didn't start off that way. We've been married for 14 years in August and when
1:42.2	we started out, our finances were together but we saw a lot about money. Builds were always paid.
1:50.2	I'll say that. I've always worked full time but my husband, when we got married, was going to
1:54.9	school and he actually went to pharmacy school and when he finished pharmacy school and started
2:00.7	getting what I call like his big money. We were doubling up on his loans and paying those off
2:06.3	faster but the checking account was the way it's to zero and that he just couldn't take it anymore
2:12.2	and I couldn't take the fighting. So we decided together to split our finances. But now fast forward,
2:17.9	that's been about eight years and I'm still kind of living paycheck to paycheck essentially
2:25.4	and I know that that bothers him for me to say that but that's kind of a doctor film moment. How's
2:31.0	that working for you? It's not. It's not. I know. So Leah, here's the truth. Here's what we have found.
2:38.1	It's really difficult. It's not that it's absolutely impossible but I'm going to say it is really
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.