I Thought I Could Gamble My Way Out Of A Car Payment

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 29 June 2025

⏱️ 7 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.
0:06.7	My question is, how do I settle a repo?
0:10.1	Okay, tell us, tell us the backstory.
0:13.6	So, my car, in reality, it got me, and I'll be honest, it got me into this position because I had a gambling addition.
0:23.3	I'm in Baby Step 1, which I've saved $1,000.
0:27.6	But now with my car getting repo, how do I settle it?
0:33.5	So I just want, I mean, that's the only thing I have on my credit.
0:36.6	What was the connection? What was the connective tissue from the gambling to the car getting repoed?
0:42.6	So I was, instead of making my payments, I was thinking I can go to the casino and double it to make payments and things later.
0:51.4	Oh, my goodness.
0:53.0	Yeah.
0:53.4	Have you gotten control of the gambling addiction?
0:56.8	What are you doing to resolve that?
0:59.0	So keep myself occupied, disconnected completely everything with the, everything with any advertisements that used to go to my email, block that.
1:11.3	Okay. Have you gone to email, block that. Okay.
1:11.8	Have you gone to Gamblers Anonymous?
1:14.6	I have not.
1:16.3	Okay.
1:16.8	I just want to make sure that we've resolved the root problem here before we just fix
1:21.2	the repo, which we can help you with that.
1:23.9	Are you driving another vehicle now?
1:26.7	No, I'm not.
	...

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