Is Your Debt Turning You Into an Anxious Mess?

The Ramsey Show

Ramsey Network

Investing, Education, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 13 September 2024

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

📱Watch the full episode for free in the Ramsey Network app. George Kamel & Dr. John Delony answer your questions and discuss: "We disagree on how much to be investing," "I have no investments outside of real estate," "My son's girlfriend has taken over his life," "Can I afford to retire early?" "How to approach husband's credit card debt? " One of the Nation’s Largest Auto Lenders Told Customers, “We’re Here to Help.” Then It Took Their Money and Their Cars Support Our Sponsors: BetterHelp: betterhelp.com/Delony to get 10% off your first month The Wellness Company: urgentcarekit.com/ramsey for 15% off medical emergency kit FAIRWINDS Credit Union: Go to https://www.Fairwinds.org/ramsey for an exclusive account bundle. Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🚢 The Live Like No One Else Cruise is booking fast! 🏆 Set and actually reach your goals with the NEW 2025 Ramsey Goal Planner! Hurry—They sell out every year! ☂️ Get the right insurance without breaking the bank. 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	The From Ramsey Network, it's the Ramsey Show, where we help people build wealth, do work that they love, and create amazing relationships.
0:23.0	I'm George Camel joined by Dr. John Belloni this hour.
0:26.4	Open phones at AAA 825 5225.
0:30.0	If you're new to the show, here's how it works.
0:32.0	You call in. We talk to you, and hopefully we help you take the right next step
0:36.2	for your life, your money, and your relationships.
0:39.2	Sydney is going to kick us off in Huntsville, Alabama.
0:41.6	What is going on Sydney?
0:43.0	Hey guys, thanks for taking my call.
0:46.0	Absolutely.
0:47.0	So I think this is right up George's alley.
0:50.0	My husband and I are in a disagreement about how much to contribute to retirement.
0:55.0	For a little background, we have about 420,000 between both of our retirement accounts
1:02.2	right now and then 160,000 in
1:05.0	non-retirement savings. We don't have any debt besides our mortgage and then
1:10.3	we also have started college funds for our children.
1:13.0	He thinks that once we reach a certain point and that number in his mind is about 200, 250,000
1:21.8	per person, that we can take our contributions down to 1%. And I am not for that at all,
1:28.6	of course. But yeah, I'm just trying to...
1:31.8	Why 1%? Why not just go to zero man
1:36.1	Well, I guess his thought is that he can he we're still contributing something but when he does like the
1:47.7	You know compound interest calculator in 30 years it's still like four million or something like that okay and he thinks that's going to be
	...

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