My Dad Has Made Every Nigerian Prince Rich!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 3 December 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode features Dave Ramsey & George Kamel. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. 💸 Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	brought to you by the every dollar app start budgeting for free today amber is in
0:07.1	Houston Texas hi Amber how are you oh uncle Dave I have a bit of a heart
0:13.9	heartbreak I'm calling for your advice for reading my father's finances, please. Okay.
0:21.5	What's going on?
0:23.2	Well, he has three different credit cards in the total of $26,000.
0:29.6	He's fallen for every scam.
0:32.1	He's 81 years old.
0:33.2	He's fallen for, he's made every Nigerian prince rich at this point we're intervening in his finances
0:40.0	so his bills we can help with his bills we can help what he's got his mortgage covered with
0:46.0	social security bills are 2,300 approximately he brings in $2,091.
0:54.3	The total credit card outstanding amount is $26,000.
0:59.3	And we don't know at this point whether he should declare bankruptcy or we should let
1:04.9	those credit cards go into default and try to negotiate with the collectors.
1:10.3	I'm just not sure how to help with those things.
1:14.6	I'm guessing he has no money.
1:17.5	He has no money.
1:18.7	He brings in 1926 and Social Security.
1:22.2	Yeah.
1:22.6	What's the house worth?
1:26.0	A lot.
1:27.1	We're trying to keep it. What's the house worth? A lot. We're trying to keep it.
1:28.3	What's the house worth?
	...

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