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The Ramsey Show Highlights

“She’s So Full of Crap She’s a Christmas Turkey!”

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5840 Ratings

🗓️ 4 November 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:06.8

So a question is, is I am being told by my ex-wife that I should cash out my 401K to purchase a home.

0:15.3

And the reason being is when we divorced about eight years ago or so, she basically took half my 401k and parlayed that

0:23.9

into purchasing a home. Five years later, sold that home for a good profit. And so now,

0:32.1

and then bought another one. And so she's saying, hey, you know, you need to get out of stop renting

0:38.5

and you should really put some of that money into real estate. I'm so confused. Why would anyone

0:47.6

ask their ex-wife for financial advice? Well, I saw what she had done with...

0:56.3

No, you didn't.

0:57.2

You saw what she said she did.

1:00.3

When she cashed out half of that 401K, she got charged the 10% penalty plus her tax rate.

1:06.3

She borrowed this money at 35% interest.

1:08.7

By the time she flipped this house and made money, she didn't even make money.

1:12.9

She's so full of crap, she's a Christmas turkey.

1:17.6

I see that, you know, with the house that that was purchased and sold, I mean,

1:23.7

you didn't see all the penalties and taxes she paid on the stupid withdrawal from the 401k that negated any profit that she made on the flip.

1:31.9

Yeah, that is true.

1:33.0

Okay, because this woman talks out of both sides of her head.

1:35.5

That's why she's called the ex-wife.

1:38.0

Yeah, although she is in the house and I'm still renting.

1:41.5

So I got to.

1:42.7

Yeah, and what she paid for it was a dear price.

1:46.4

Yeah. And sadly, it's probably so mathematically challenged she doesn't even realize it.

...

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