I’m Paying For My 19-Year-Old’s Financial Mistakes

The Ramsey Show Highlights

Ramsey Network

Business, Investing, Education, Self-improvement

4.5 • 839 Ratings

🗓️ 31 January 2026

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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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.
0:06.0	I have a 19-year-old at home. He's working and his hours had been reduced recently, but I feel like his finances have become my problem.
0:20.0	So a few months ago, he had a payoff car.
0:23.8	Everything was great, no debt.
0:26.0	And next thing you know, he goes and trades that vehicle in for a 2018 BMW.
0:33.0	Insurance, of course, is now being deducted from my account because I was trying to help him.
0:39.1	So the plan was for him to give me that money every month.
0:43.8	That didn't happen all the way through this last week.
0:47.4	He only gave me a portion of it.
0:49.7	One of the parts on his car went out.
0:52.3	So, of course, I came in trying to help him and paid for the part, which was not cheap.
0:58.8	And kind of a few things of that sort with the vehicle.
1:04.5	He wasn't able to pay the registration the first couple of months.
1:07.6	So it just kind of been piling up.
1:10.8	And I'm just trying to figure out how do I put
1:14.0	my foot down? Where do I draw the line? And I'm at the point where I've come to the point to ask him to
1:21.5	move out to his dad's house because I feel like there's always something with that where I'm coming in to save him.
1:30.9	And I don't get. Hold on second. I'm going to jump in. I'm going to jump in. I've heard you say,
1:36.4	of course, twice, when you described that you swooped in and tried to help. And now you're saying,
1:48.1	I'm at the point where I want to send into his father's.
1:50.0	And I get to tell you something.
1:52.0	This isn't this kid's fault.
	...

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