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The Ramsey Show

Should We Be Worried About the National Debt? (Hour 1)

The Ramsey Show

Ramsey Network

Investing, Education, Business, Self-improvement

4.538.5K Ratings

🗓️ 6 April 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

Dave Ramsey & Jade Warshaw answer your questions and discuss: "Should we be worried about the national debt?" "Can we use our paid off land as a down payment for a house?" Using savings to start a business, "I feel like our debt is never going to end" Support Our Sponsor: Christian Healthcare Ministries PODS Moving & Storage Zander Insurance Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

.

0:28.1

from the headquarters of Ramsey Solutions broadcasting from the pods moving in

0:32.7

storage studios. It's the Ramsey show where we help people. Build wealth. Do work.

0:40.2

That they really love and create actual amazing relationships.

0:45.9

Jade Warshall Ramsey personality is my co-host today as we answer your

0:50.3

questions about your life and your money. The call is free and some say the

0:54.3

advice is worth exactly what you pay for it. The phone numbers triple eight eight

0:58.2

two five five two two five. Thanks for being with us. Chris is with us in Dallas

1:04.1

Texas to start this hour. Hi Chris welcome to the Ramsey show. Hey Dave thank

1:09.6

you so much for having me. Sure what's up. So I'm a high school senior right now

1:15.7

taking just kind of a personal finance class and I was just wondering if you're

1:20.9

concerned about how you know the national debt reaching thirty trillion dollars

1:25.2

and how that should affect this our overall personal finance strategy. Well I'm

1:32.9

sorry it is a high school senior you're having to worry about such things. I've got

1:40.9

a long history of fretting and alternately being angry about the national debt

1:47.7

being out of control mainly because it represents a Congress that's out of

1:51.7

control and we don't seem to have the backbone in the American people to vote

1:56.2

the Bozos out so they keep spending like there's no tomorrow and everybody's a

2:04.7

little bit lazy about it so it just keeps going and going and going so yeah I'm

2:07.9

with you it's bothersome it's obviously there's a tipping point somewhere I will

2:14.9

tell you that the end of the world has been predicted as long as I can

2:18.8

remember due to the national debt or due to whatever other boogie man you want

...

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