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The Ramsey Show Highlights

I’m Not Happy About The Decision My Husband Made With His Money

The Ramsey Show Highlights

Ramsey Network

Investing, Education, Business, Self-improvement

4.5838 Ratings

🗓️ 17 November 2024

⏱️ 7 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.

0:06.6

Recently, my husband inherited some money. And we started calling it our money, but when it

0:13.9

time to decide where this should go, he kind of, let's say, put his foot down and decided that it should be invested as opposed to paying down our mortgage.

0:25.8

How much money?

0:26.6

And so the total that would eventually invested was about $140,000.

0:33.3

Okay.

0:34.1

We are on technically step six looking to, we are debt-free.

0:42.0

Our kids are all set with their 529s and there's money set aside elsewhere.

0:48.2

We're contributing to our 401Ks and our Roth.

0:53.0

How much do you guys have invested or how much did you have invested?

0:57.7

Well, let me stop for a second.

1:00.3

Have you already invested the 140 or is this just something?

1:03.9

He said, this is what we're going to do.

1:07.0

So he, we did it.

1:10.2

You already did it.

1:11.1

It's in there.

1:12.6

And I, I disagreed.

1:14.5

I wanted to pay down the mortgage.

1:16.3

And I'm just struggling with that.

1:18.7

I get it.

1:19.5

So we'll get to that in a second.

1:21.0

So let me just ask.

...

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