My 15-Year-Old Daughter Is An Influencer and Saved $100k For a Car
The Ramsey Show Highlights
Ramsey Network
4.5 • 840 Ratings
🗓️ 19 August 2025
⏱️ 9 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
| 0:06.7 | We have a 15-year-old daughter, and she is a social media influencer. We've made her older siblings buy their own cars, |
| 0:17.9 | and they probably had $6 to $7,000 to buy a car when it was time. |
| 0:23.6 | But obviously her situation is going to be much different. |
| 0:28.3 | And we aren't necessarily in agreement as to my husband and I as to how much money we should |
| 0:36.3 | allow her to spend on her car. |
| 0:38.3 | What is she earning? This is crazy. It is crazy. Her manager says that in the next year, |
| 0:47.7 | she'll make $100,000. Currently, she has a fully funded Roth IRA. |
| 0:56.6 | She has 32,000 in the brokerage, and she's averaging about $8,000 to $10,000 a month right now. |
| 1:05.9 | Wow. |
| 1:06.5 | So what does she want to spend on a car? |
| 1:10.4 | To get what she wants, she'd want to spend around $50,000. |
| 1:14.9 | Wow. Okay, I can understand your conundrum. Is that, can I just ask, can I just ask, honestly, is that more |
| 1:22.8 | expensive than your car? Yes. Wow. This is something. Yeah. Okay. Oh, my gosh. This is juicy. This is a good call. And this is how I would feel as a mom. And I don't have a 15-year-old. Let me just say that. Neither do I. I have a 10-year-old. So I take this with a grain of salt. I always hate |
| 1:45.2 | giving parenting advice when there's, I agree. I won't even say this is advice. This is like |
| 1:48.9 | what just came up in me, Wendy, as a mom. We'll just be, we'll just be girlfriends just chatting. |
| 1:53.1 | I like that. What rose up in me is less about the dollar amounts and more about what I am. |
| 2:07.0 | What am I? What am I helping her as a mom see that is important in life. |
| 2:08.0 | Meet every dollar budgeters Christy and Steve. |
| 2:10.9 | Their life is chaotic, but their money is simple because they budget with every dollar. |
| 2:16.6 | Budgeting with the spreadsheet took a ton of time. |
| 2:19.1 | But now it's every dollar. |
... |
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