I'm 23 And Just Received a $450,000 Inheritance (I Don't Know What To Do With It)

The Ramsey Show Highlights

Ramsey Network

Business, Education, Investing, Self-improvement

4.5 • 839 Ratings

🗓️ 21 January 2026

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	Zander shops all the top-term insurance companies to save you money.
0:06.8	Get started at zander.com.
0:08.5	So I recently, maybe not recently, a few months ago, came into a large inheritance from my parents.
0:14.5	Wow.
0:15.1	And I'm just wondering what to do with it.
0:17.5	Sorry you lost them.
0:19.9	How much did you get? Around 450,000. Wow. Sorry you lost them. Thank you. How much did you get?
0:21.6	Around 450,000.
0:23.6	Cool.
0:24.6	Cool.
0:25.6	So how long have you been listening to us?
0:28.6	Probably maybe about a little less than a year.
0:32.6	Okay.
0:33.6	My brother is a big fan of you.
0:35.6	Okay.
0:36.6	Well, thank you. I was asking because I didn't know how far to go back to give you the answer.
0:40.9	But so we would walk you through the framework called the Baby Steps with that money
0:48.2	because we believe and we know that if you follow through and handle money properly after that
0:53.6	and during that
0:54.4	that it will be the the way that this money gives you the most lift okay and so that means do you
1:02.5	have any debt except your home um so we actually um just sold our home that's what most of the
1:09.9	money was tied up.
	...

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