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The Ramsey Show Highlights

My Daughter Isn’t Paying Her Credit Card Bill!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 2 December 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

Today's episode features Jade Warshaw & 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.

0:04.3

Start budgeting for free today.

0:06.4

All right, let's go to Stacey in Virginia Beach, Virginia.

0:09.3

What's going on, Stacey?

0:11.7

Good afternoon.

0:13.2

Good afternoon.

0:13.8

How are you?

0:16.5

I'm okay.

0:18.8

I have an issue.

0:30.9

I have about $30,000 in debt that I just, since COVID, I've, you know, tried paying it and I put it in a, with a consolidation company, and and I've just within the past couple of months it's

0:42.3

like impossible for me to get it down any further and I've been paying for this

0:49.3

would be the fourth year so I paid it off a huge amount of it.

0:56.5

But this last $30,000 and I'm like $3,500 behind now.

1:03.0

And because of work situation changing and everything.

1:06.8

What kind of debt is it?

1:07.7

I don't know what to do it.

1:09.6

Well, a few years ago, it's credit card.

1:15.9

It's all credit card.

1:19.1

Two of our daughters were going through really, really bad times, and I was making good

1:24.7

money and had excellent credit in the 800s, and I gave them each a credit card, one of them, two of them, in their name, but still on my credit.

1:38.3

And their situation says...

1:39.9

When you say in their name, but...

...

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