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The Ramsey Show Highlights

I’m 40 And Have Lost Everything ($143K In Debt)

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 7 November 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.

0:06.0

Hey guys.

0:08.0

Hey.

0:09.0

Basically just trying to get some motivation or figure out if or how I can start over at 40.

0:17.0

Oh, what is starting over mean?

0:20.0

Creating a life, again, getting a house, getting some savings. Oh, what is starting over mean?

0:24.7

Creating a life, again, getting a house, getting some savings.

0:28.4

I mean, starting over, it sounds like there was a rock bottom.

0:29.5

Like life happened to you?

0:30.2

Was there a divorce?

0:31.7

Did you lose everything?

0:32.3

What happened?

0:34.1

Yeah, basically.

0:38.3

All the above lost my business due to COVID.

0:39.6

Oh, no.

0:41.9

Left me with significant debts.

0:45.2

That's also a divorce around the same time.

0:51.7

So the ex-wife sold the house and picked the proceeds.

0:54.5

Still trying to recover all that.

0:58.0

So basically 40 years old now.

1:02.8

So you lost your business, you lost your marriage, you lost the house, and now you're going, where do I go from here at 40 years old?

1:06.3

Exactly, yeah.

...

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