My Mother-in-Law Wants Us to Repay a Cash Gift

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 23 December 2020

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day 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, Chris Hogan, Christy Wright, Anthony ONeal, and Dr. John Delony. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Wednesday, and this is the Ramsey call of the day.
0:03.7	Part of the Ramsey Network.
0:06.5	Joining me today is Ramsey personality, Rachel Cruz.
0:11.9	Kaylee is with us.
0:13.2	Kaylee is in Colorado Springs.
0:15.0	Hi, Kaylee.
0:15.5	How are you?
0:17.0	Hi, Dave.
0:17.8	I'm great.
0:18.2	How are you?
0:19.0	Better than I deserve.
0:20.2	How can Rachel and I help? Thank you for taking my call. So I'm great. How are you? Better than I deserve. How can Rachel and I help?
0:22.4	Thank you for taking my call. So I'm calling because my husband and I just sold our home and
0:27.9	we're about to finish Baby Step 2 with the profits from that. And we will have $7,000 left over after we pay our debt off.
0:38.8	Great.
0:40.3	We wanted to, instead of directly going into Baby Step 3, his mom had helped us quite a bit when he was newly enlisted in the Army and not making a lot of money yet.
0:53.1	So we wanted to give her $5,000 because she's out of work right now with COVID and
0:59.0	struggling a little bit.
1:01.3	My question is when we called her to let her know we were going to spend that, instead of,
1:08.2	she had always given us money as a gift and said she didn't want to ever be paid
1:12.3	back and when we told her we were going to spend her $5,000 she kind of acted like oh that's all
1:18.6	so now we're kind of worried about straining that relationship with her and we're wondering
	...

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