I Drained Our Savings Without Telling My Wife

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 7 November 2023

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode features Jade Warshaw & George Kamel. The Ramsey Show Highlights 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 & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. 💸 Budget for free with EveryDollar: Click Here 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	Brought to you by the Every Dollar app. Start budgeting for free today.
0:06.4	What's going on, Sal?
0:09.2	Hey, guys. How are you?
0:11.0	Doing good. How are you?
0:13.7	Oh, I'm a little nervous, but here we go.
0:16.7	You got this. You can do it.
0:19.0	Well, thank you. So I read back to home money makeover, and I got a very impulsive and I basically empty our savings
0:27.7	to wipe out our cars, my student loans, and a huge chunk to the mortgage.
0:37.4	Okay. How much money the mortgage. Okay.
0:38.5	How much money was that?
0:41.1	Oh, man, it was like over 40K.
0:44.6	Over 40K?
0:46.2	Yeah, the problem is I did all this without telling my wife.
0:50.3	Oh.
0:52.1	Foul.
0:53.3	Ten-year-yard penalty.
0:55.7	Yeah, I really hurt. Yeah, I really heard her feelings.
0:58.4	You told her now, what was her reaction to this?
1:01.1	Obviously, she's hurt, but...
1:02.3	She just said she would have loved to be part of the plan and all this.
1:09.7	Like, I'm usually in charge. She's a stay-home mom, and I'm in charge of the plan and all this. Like, I'm usually in charge.
1:11.5	She's a stay-home mom, and I'm in charge of the finances.
	...

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