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The Ramsey Show Highlights

Let My Husband Finance a $90,000 Truck?

The Ramsey Show Highlights

Ramsey Network

Education, Investing, Business, Self-improvement

4.5838 Ratings

🗓️ 21 February 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

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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. All right, this one is from

0:07.4

Jenny in South Carolina. My husband and I are on Baby Step 2. We have an SUV that is paid off,

0:13.3

and my husband wants to finance a second vehicle. It's kind of the opposite of Babysept 2 there.

0:18.2

He has $12,000 to put towards the purchase i thought he was looking in the

0:22.2

range of 35 to 45,000 but he now wants one that costs 90,000 dollars he only wants to use the truck

0:28.8

for eight months and then take advantage of the buyback program from the dealership and get a cheaper

0:32.5

vehicle then we can't afford an $800 car payment for the next eight months, and I don't trust the buyback

0:38.9

program. How do I make him see that the numbers just don't work to finance a vehicle right now?

0:44.4

I have asked him to find a vehicle that we can afford with the $12,000, or he can use RSUV,

0:49.9

and I will drive an older vehicle. This argument has been going on for six months, and I don't know how much more our marriage can take.

0:57.7

This dress has gotten the worse, and I'm currently between jobs and my income is very low right now.

1:03.2

Oh, goodness.

1:04.6

Sounds like a lot, Jenny.

1:05.9

It sounds like he is coping with a marriage on the rocks.

1:10.0

She's unemployed.

1:11.2

They're between incomes.

1:12.1

And he's like, I'm going to go get a giant truck to make me feel better about all of this.

1:15.7

I just want some kind of comfort in my life right now because everything else seems to be chaotic.

1:19.9

Yeah.

1:20.2

This man is reverting to a child.

1:21.9

He's like Benjamin buttoning, Rachel, real time with his finances.

1:25.0

Right.

...

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