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The Ramsey Show

Set Boundaries & Stop the Pattern of Stupidity!

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 2 May 2024

⏱️ 116 minutes

🧾️ Download transcript

Summary

💵 Sign-up for EveryDollar today - The simplest way to budget for your life! Dave Ramsey & Jade Warshaw answer your questions and discuss: "I can't afford to pay off my credit cards," "Should I leverage money or pay cash for an investment property?" "My sister-in-law wants us to pay for her vacation..." "Did we mess up by buying my parents' house?" "How should we budget for a wedding?" "Starting a new life after years in prison" Support Our Sponsors: BetterHelp NetSuite Zander Insurance Yrefy Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🏦 Take Your 3-Minute Money Assessment - Get a personalized money plan! 📈 For help with investing, get connected with a SmartVestor Pro. 💰 Enter the $3,000 Ramsey Cash Giveaway today! Enter daily to increase your chances of winning weekly $500 prizes or the $3,000 grand prize. 📚Get 20% off bestsellers! Whether you’re ready to kick debt to the curb, want to live a less-anxious life, or looking for growth in your job—there’s hope. 🏠 Find a Ramsey Trusted Real Estate Agent Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

The Live from the headquarters of Ramsey Solutions, it's the Ramsey Show where we help people, build wealth, do work that they love and create

0:26.8

actual amazing relationships. Best-selling author Ramsey personality Jade Washaw is my co-host today as we take your questions

0:35.4

about your life and your money.

0:37.2

Triple 8. 825. 5225 is the number.

0:41.6

Abell is with us us I'm sorry have del what's up yes yes so I have

0:48.1

I need your help grandi I have three different types of loans I I'm just going to break it down for you. My first

0:55.8

loan is 20,525 in credit card debt and second one is 22,000 in student loans and the third one is a car loan of 20,211.

1:11.0

Those three loans are equaling the same amount as my income. So my income is 63,000.

1:20.0

And my question in particular is for the credit card that I'm about to max out my credit card and

1:28.3

honestly I'm paying you know $1,500, $2,000 a month and it's not getting anywhere because of the interest.

1:35.0

And I'm just trying to weigh my options here and see, you know, should I not pay and just settle it with the

1:39.8

creditor or should I find another option, especially for the credit card debt.

1:45.0

Is it just one card or is it several?

1:50.0

No, just one card.

1:52.0

What do you do?

1:54.0

So I work in the humanitarian sector, I help refugees.

1:59.0

Okay.

2:00.0

You work in the humanitarian sector and you help refugees?

2:05.0

Yes, but I work in the finance department.

2:07.0

I see, okay.

2:09.0

How old are you?

2:12.0

I'm 28 years old.

...

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