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The Ramsey Show Highlights

I Have A Spending Addiction I Can't Get Over

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Business, Investing

4.5840 Ratings

🗓️ 28 November 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:06.4

I have a spending addiction that I just can't seem to get over. I've been trying to follow the baby steps, but it's really hard for me.

0:15.2

So I'm just kind of looking for your advice on that. Tell us a little bit more. What is this, what can you, what do you feel comfortable

0:21.2

telling us about this particular addiction? Is it just across the board spending or is it one or two

0:26.6

categories or one thing? What is it? Yeah, so it's fast food because I have such a busy schedule

0:34.6

that I don't plan for making dinner.

0:37.6

So I spend money on fast food.

0:39.0

I spend a lot of money on my daughter.

0:42.0

I spend money on other people.

0:43.7

And then like at the bottom of the list is splurging on my own stuff.

0:48.1

Okay.

0:48.7

And what give us an idea, have you been tracking how much you're spending in all these categories on a monthly basis?

0:55.0

Yeah, I use every dollar, so it's probably about a thousand to a thousand two hundred a month.

1:01.0

Wow. And what's your total income for a month?

1:04.0

It's about, oh, for a month, it's probably 4,800.

1:09.0

Oh, so ma'am, you don't have the margin to be splurging like this. Right. No. I mean, that's like if you do have a $2,000 month, that's half your income. Yeah. Do you have debt as well? I do. I have a total of probably $,000. Oh, my word.

1:27.9

Whoa.

1:28.3

Okay, you know we're going to break this down.

1:30.2

Give us the list, smallest, the largest.

1:32.9

Yeah, my medical debt is for a little over 4,000 credit cards, 9,100.

1:39.6

And then personal loans, 51,600.

1:43.6

And my student loans are 20,000. Who are these personal loans, 51,600, and my student loans are 20,000.

...

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