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The Ramsey Show Highlights

I'm 70 With No Retirement And Living Paycheck-To-Paycheck

The Ramsey Show Highlights

Ramsey Network

Business, Education, Investing, Self-improvement

4.5839 Ratings

🗓️ 22 September 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

brought to you by the every dollar app start budgeting for free today we've for

0:07.8

quite a while now we've had financial problems with bills we all a lot of

0:14.7

of me and one of the problems is my wife has a habit of spending constantly, and she pretty

0:26.0

much goes through all of the income that we have in a month.

0:32.2

We've had discussions over it and everything, and, you know, it doesn't't set in but it is a little bit i mean

0:40.4

she's a little she's a little better but she just has this habit of when she walks on the

0:45.8

store she's got to buy okay how can we help well my question is um as to what direction should i be using to um i guess

1:04.4

get her to stop completely from uh um wasting the money and then uh being able to catch up on things i mean mean, Bob, when you say that, I mean, you're saying that she's spending the whole paycheck. So would you, I mean, would you think it's a level of addiction? Would you say it? Would you go that far? Oh, yes. Okay. And has she gotten help for it? Besides you just telling her not to?

1:27.9

Okay, why not?

1:28.7

Yeah, yeah.

1:29.6

We've had numerous discussions on it.

1:32.0

Yeah, because you're not going to change her.

1:33.6

She has to do the work to understand what is happening for her because it's a real thing.

1:37.8

I mean, we see that more often than, I mean, it's becoming more and more common, I feel like.

1:43.0

So why has she not taken steps to find healing in this?

1:50.8

Well, the strange thing is she knows that she's, you know, the problem to our problem. And, you know, she's you know the the problem to our problem and um you know she's always feeling sorry for it

2:06.2

but uh you know when when the income comes in she goes out and she spends and she doesn't look

2:13.5

at what she's spending in other words she'll go all so how old are you guys i mean how old are you too uh she's spending. In other words, she'll go off the road. So how old are you guys?

2:25.4

Pardon me? How old are you too? She's 78 and I'm going to be 73 in the next couple of weeks. Hey, Bob, why don't you just take her, like she can't have access to the money? Like, if it's an addiction

2:32.2

like this, this is what we would tell couples is to say the one that is struggling does not get access to money because she has a spending addiction.

2:41.2

And you would say, all right, we're going to have X amount for groceries.

2:45.4

And when you go to the grocery store, this is, you know, if that's what she does, then here's the amount you have.

...

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