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The Ramsey Show Highlights

I’m $150,000 in Debt Trying To Impress a Woman

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Business, Investing

4.5840 Ratings

🗓️ 27 October 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

📱Download your free Ramsey Network app today! 💵 Start your free budget today. Download the EveryDollar app! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 📈 Are you on track with the Baby Steps? Get a Free Personalized Plan Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership 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 i am 26 um i have a hundred and

0:09.6

sixty thousand dollars with the debt and i am wondering if i should file for chapter seven

0:15.6

bankruptcy why'd you jump to that conclusion what makes you think you can't crawl out of this?

0:23.7

Well, I've been working a lot to jobs constantly,

0:30.1

not really able to get anywhere.

0:32.6

Recently, about a year ago, I caught a case for a felony charge, and I am still going on actively with that case trying to get probation.

0:47.1

So it's been very difficult for me to find another job now that my background check is shown a felony charge.

0:56.0

So what are you doing now for work?

0:58.6

Yeah, so I'm working on Amazon.

1:01.2

I'm making about $4,100 a month at a minimum.

1:06.8

I can potentially make more depending on if they allow me to get overtime or work a six day.

1:13.4

I'm working five days there as of right now.

1:15.9

Okay.

1:16.1

Last year I made $60,000 off of it, off of Amazon loan.

1:22.3

But I'm just like drowning right now with payments.

1:34.7

And I did... like drowning right now with payments and um i did um i rounded up all my minimum payments for all my loans and and everything and um my minimum is fifty three hundred dollars whoa a month and that's

1:42.2

just on minimum payments that's not including food or rent or anything else.

1:49.3

How have you made it so far?

1:50.9

What's getting you through every month if you're going underwater?

1:56.7

So how did I make it so far?

1:59.3

Well, I've been doing...

2:00.4

Are you going further into debt every month?

...

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