meta_pixel
Tapesearch Logo
Log in
The Ramsey Show Highlights

I’m Worried I’ve Been Helping My Son Too Much

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 11 February 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget! 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! 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🏦 Take Your 3-Minute Money Assessment - Get a personalized money 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

Click on a timestamp to play from that location

0:00.0

brought to you by the every dollar app start budgeting for free today today's question comes from

0:07.4

terry in north carolina my wife and i have worked hard we paid off our debt and have a net worth of

0:13.9

eight million we still watch every dollar and save and invest as much as possible my brother and

0:19.2

his wife do not follow the same strategy.

0:22.1

Recently, my brother approached me for some money because he has failed to pay taxes for years.

0:28.0

And the IRS is threatening to put a lien on his house. He now owes over 100,000 that I know about.

0:35.1

I believe in helping family, so I have given him over 23,000, and I plan to give him

0:40.3

another 8K soon. I created a budget for him, set up separate accounts to help avoid reflex spending,

0:46.9

and even recommended he listened to your podcasts. Things went well for a month, but I found out he and

0:52.8

his wife majorly overspent on gifts during the holidays.

0:57.2

My worry is that my help has been a waste.

1:00.3

He doesn't seem to recognize the damage that he is doing to our relationship by essentially spending my money on frivolous items while I keep the IRS office back.

1:09.4

He also doesn't seem to understand that every dollar I

1:11.7

give him is one I can't invest myself. Should I just walk away at this point? I'm going to say yes.

1:20.7

Let me back up my position on this, Dave. I'm looking at some of the language that you're using,

1:26.8

and what I see here is resentment building

1:29.6

because clearly you don't like the way he's living his life. I like that you're giving him the

1:35.0

money and not aloning it to him. But because in your mind there's these strings attached that

1:40.7

he's not following, I feel like it's causing, it's causing unrest in you and in your

1:45.3

spirit. I'm like, listen, you got to guard your heart a little bit because if you keep giving him money

1:49.5

and he continues to not do what you think he should do, it's just going to build up your anger towards him,

1:56.5

your resentment towards him. I mean, you said it right here. You said, let's see, he keeps spending my money

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.