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The Ramsey Show Highlights

I Have No Confidence in My Finances

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 21 January 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

Today's episode features Dave Ramsey & Jade Warshaw. 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.

0:06.3

Kristen starts this hour in Tulsa, Oklahoma. Hi, Kristen. How are you?

0:12.0

I'm good. How are you doing? Better than we deserve. What's up in your world?

0:17.2

Well, thank you for taking my call. Um, so my husband of 16 years, uh, passed away two months ago.

0:26.6

Oh, I'm so sorry.

0:29.0

Yes. Thank you.

0:30.5

Y'all are young. How old was he?

0:32.7

Um, I'm 39. Uh, we have five children and she was 46. Wow. What happened? Well, he had been battling cancer for

0:45.5

three years and then he had a really intensive radiation treatment to his liver. And then he had some neck issues so it was on lots of

0:55.9

pharmaceuticals so with with that and the disease and the treatment his his body just gave out so

1:03.1

um it happened very quick yeah thank you i appreciate that so um i never paid a bill in 16 years.

1:12.7

And so I'm left to steward our five children and all of our finances.

1:20.1

And I want to steward it well.

1:25.5

But I'm feeling zero confidence without him leading in this area.

1:32.4

Yeah, because he's been in, he was in charge of it for all of that time.

1:35.9

Yes, 100% in charge.

1:39.0

How old are your babies?

1:40.7

My oldest is 15 and my youngest is four.

1:45.0

So was there insurance that came about?

1:48.0

Yes, and not actually my primary question is, so he had a few life insurance policies,

1:57.0

and I was going to tell you what debts we had and to see if it's better.

2:03.8

I remember him telling me a long time ago to take the insurance money and pay off the mortgages.

...

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