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The Ramsey Show Highlights

My Mom Is Taking Advantage of Me

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5840 Ratings

🗓️ 4 August 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by the Every Dollar app.

0:04.3

Start budgeting for free today.

0:06.8

My mom is kind of giving up on her career field and is depending on me to fund essentially everything for her.

0:16.9

Now, a little bit of background.

0:18.7

I don't have any brothers and sisters and my parents

0:21.4

uh divorce early on how old is your mother uh she's 52 and so you're supposed to support

0:33.0

this 52 year old woman for the rest of her life who doesn't want to work much.

0:44.4

Well, the thing that's happened is essentially she worked at a university.

0:50.0

She went to school, got her Ph.D., and was really trying to break into the medical field with her doctorate, and she just wasn't able to get a job.

0:54.0

And so now, you know, it's going on about a year and a half now where she essentially

0:59.5

hasn't had a job and has been, was using all of her, I guess, money that she had saved.

1:06.3

Pretty irresponsible for somebody smart enough to get a Ph.D.

1:10.4

What's her degree in?

1:15.1

Medical research. She was working. She actually was doing some sort of job at the CDC during COVID

1:24.3

that was, you know, an assignment for, I think, six months or something like that.

1:29.7

But before that, she was working with infectious disease in...

1:33.3

Okay. Here's the deal.

1:35.7

Does she have her name on your checking account?

1:39.8

No.

1:40.4

Okay. She can only get money if you give it to her.

1:45.7

That is correct.

1:47.6

And so she can't take it from you, she can't steal it from you, she can just ask you for it.

...

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