My Husband Lost $350,000 Day Trading

The Ramsey Show Highlights

Ramsey Network

Investing, Education, Business, Self-improvement

4.5 • 838 Ratings

🗓️ 23 February 2026

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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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 i'm a stay-at-home mom i have a
0:08.7	one-year-old and i have another baby due in july i've been married four years and my husband uh just
0:15.8	sat down with me in the last two weeks and revealed to me that he took out $350,000 in loans and he lost it all.
0:23.7	He was using it to invest in day trading.
0:27.1	Oh, my gosh.
0:27.7	And so it was a real, real shock to me.
0:30.6	I just would like some direction from you guys or some answers as to what you think I should do in all aspects, should I get a job,
0:42.1	you know, marriage advice, stuff like that.
0:45.2	God, Kate, I'm so sorry.
0:47.5	When did you find this out?
0:50.9	It was a little over a week ago.
0:54.8	How did you find out?
0:55.8	Did he come to you and tell you, or did you find something?
0:59.2	He came to me and told me.
1:01.9	And I did discover that it has been going on our whole marriage.
1:06.0	I just found that out last night before there.
1:08.8	Where was he getting these loans from?
1:13.6	So my husband is self-employed. He started his own business like two years ago and he has, his business has done really
1:20.6	well and we would have been fine like our business was successful.
1:25.6	He does excavation and I don't know, I'm still not at the bottom of, you know, the purpose of doing that.
1:32.9	But anyway, his business was doing really well, and so that's why he was able to get such loans, if that makes sense.
1:39.9	So he took out business loans?
	...

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