My Sister Is Asking To Borrow $400,000
The Ramsey Show Highlights
Ramsey Network
4.5 • 839 Ratings
🗓️ 21 December 2025
⏱️ 9 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. My sister, so I'm one of three children, I'm the middle child. My older sister is going through divorce, which is terrible situation, of course. She's got three kids. Her eldest, I think, is about three years away from starting college. Okay. And previously, like my sister, all three of her kids were attending private schools. |
| 0:27.4 | Her and her husband driving luxury vehicles, fancifications, living extremely well. |
| 0:31.7 | And no judgment there. |
| 0:33.2 | That's fantastic. |
| 0:34.7 | I'm happy for them. |
| 0:35.9 | But appears from an outside of had a very high burn rate. |
| 0:39.3 | Recently, we've discovered as this kind of the discovery process going to figuring out |
| 0:44.2 | how the divorce is going to play out. |
| 0:46.4 | But they have under $50,000 in savings, and that includes retirement accounts. |
| 0:51.2 | That's out. |
| 0:51.7 | Oh, wow. |
| 0:52.2 | Okay. |
| 0:53.1 | So my sister is expecting to buy her husband out of |
| 0:56.9 | their current home and her dental practice. And she needs $800,000 to do that. |
| 1:03.8 | She doesn't have $800,000. How is she expecting to do this? Great question. So she had, she reached out to me, and it turns out she had reached out initially to my parents, |
| 1:14.8 | and they had agreed to provide her with $400,000. |
| 1:18.0 | Oh, my gosh. |
| 1:19.1 | Do they have that money? |
| 1:21.0 | They do in their retirement. |
| 1:22.4 | They're retired, but it's their nest day. |
| 1:25.8 | Are they multi, multi-millionaires? |
| 1:26.8 | Yeah, how much money do they have, your parents? It's a great question. I don't know the number, but it's... Okay. Did it feel like that's a significant part of their retirement, like a fourth or a third? Or is it like, oh, no, that's just like... 400, they wouldn't miss. Okay. Okay. Dang, Gina. It's great. I would. I'd miss it a lot. A lot. I would too. |
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