I’ve Dug Myself a Hole and Don’t Know How To Get Out
The Ramsey Show Highlights
Ramsey Network
4.5 • 839 Ratings
🗓️ 18 April 2024
⏱️ 8 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. |
| 0:04.3 | Start budgeting for free today. |
| 0:06.4 | So I've dug myself a hole, and I don't know what the right answer is. |
| 0:10.5 | I probably do know what the right answer is, but I don't know how to get out of it. |
| 0:14.0 | Okay. |
| 0:14.6 | What happened? |
| 0:16.0 | Well, I can make a long story short. |
| 0:17.7 | My wife and I got married two years ago after dating for about six years. |
| 0:21.2 | We waited to all the kids were out of high school and we could combine households a little more easily. |
| 0:26.5 | After a big wedding, we started trying to pay stuff off, but the minute we got home from the honeymoon, |
| 0:30.5 | and when business became, when it became the business of a relationship, the relationship changed, |
| 0:36.8 | and that's where the problem lies. |
| 0:39.4 | So in the process of paying stuff off, last July, we decided because we weren't making any progress on the four or on the credit cards, |
| 0:49.5 | we made it a really wise decision to take a 401K loan for $50,000 payable in two years to pay it off. |
| 0:58.5 | But now the credit cards are coming back. |
| 1:02.1 | So I've got a list if you want a list, but just not sure what to do with it. |
| 1:08.6 | So your core question is what? |
| 1:16.3 | How do I fix this and keep my marriage? |
| 1:19.9 | Oh, okay, okay. |
| 1:21.3 | Wow. |
| 1:22.8 | All right, so you've got a total of how much debt? |
| 1:28.6 | 120. |
... |
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