I Got Scammed by My Dad

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 10 January 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode features Dave Ramsey & 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.
0:04.3	Start budgeting for free today.
0:06.3	Cassie's in Denver.
0:07.4	Hi, Cassie.
0:08.1	How are you?
0:09.6	Doing well.
0:10.2	How are you?
0:10.8	Better than I deserve.
0:12.0	What's up?
0:14.3	So, my husband and I are on baby step two in the process of paying off our debts.
0:19.2	And we discovered before we got married that, um,
0:23.8	my husband had about $17,000 in student debt, um, to kind of explain the situation.
0:28.9	His parents agreed in when they got divorced to pay for their kids college tuition.
0:34.4	Um, so at the start of each semester, my husband's mom would send him cash, and his dad would
0:40.3	ask that he take out a loan in my husband's name that his dad verbally agreed to pay back
0:47.2	at the end of college, basically. So my husband also worked full-time, 40 hours. He ended up getting all of his tuition reimbursed.
0:57.0	At the end of each semester, he would send his mom the cash back and his dad the other half,
1:03.0	and he thought he was paying those loans off.
1:05.0	But come to find out he spent that money instead, and now my husband still has $17,000
1:10.0	loans in his name with his dad's
1:12.9	verbal agreement to pay it back.
1:14.8	Well, I think we see why they got a divorce.
	...

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