Stop Being Normal, Attack Your Debt Now!

The Ramsey Show

Ramsey Network

Business, Education, Investing, Self-improvement

4.6 • 36.7K Ratings

🗓️ 5 August 2025

⏱️ 125 minutes

🔗️ Recording | iTunes | RSS

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Summary

📈 ⁠Are you on track with the Baby Steps? Get a free personalized plan.⁠ Dave Ramsey and Ken Coleman answer your questions and discuss: "I'm living off borrowed money, can I keep doing this or do I need to sell my home?" "My parents are about to lose their house, how can we help them without enabling them?" "How much is too much to spend on a used vehicle?" "How do I know if I am being too frugal?" "Should my fiancé hold off buying a house until we pay off our business's SBA loan?" "We are newly married, how should we go about combining finances?" "As a single mom, how do I get out of the credit card use cycle?". Next Steps: ✔️ ⁠Help us make the show better. Please take this short survey.⁠ 📞 Have a question for the show? Call 888-825-5225 weekdays from 2–5 p.m. ET or ⁠send us an email. 💵 ⁠Start your free budget today. Download the EveryDollar app! ❓ Will an online will work for you? Take this quiz to find out. ⛓️‍💥 Tired of debt? Grab Breaking Free From Broke now! Connect With Our Sponsors: Stop paying more and start shopping smarter at ALDI. Get 10% off your first month of BetterHelp. Go to Boost Mobile to switch today! Learn more about Christian Healthcare Ministries. Get started today with Churchill Mortgage. Get 20% off when you join DeleteMe. Go to FAIRWINDS Credit Union for an exclusive account bundle! Find top health insurance plans at Health Trust Financial. Use code RAMSEY to save 20% at Mama Bear Legal Forms. Visit NetSuite today to learn more. For more information, go to SimpliSafe. Use promo code RAMSEY for 18% off at The Nokbox. Get started with YRefy or call 844-2-RAMSEY. Visit Zander Insurance for your free instant quote today! Explore more from Ramsey Network: 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Brought to you by the Every Dollar app.
0:06.8	Start budgeting for free today.
0:13.7	Live from the headquarters of Ramsey Solutions, it's the Ramsey Show,
0:18.6	where we help people build wealth, do work that they love,
0:25.3	and create actual amazing relationships.
0:29.6	Ken Coleman, Ramsey personality, number one, bestselling author,
0:33.5	and host of the brand new hit on the Ramsey Network,
0:36.4	it's called Front Row Seat. He's my co-host today. Open phones at AAA 825-5-225. Jackson, St. Louis. Hey, Jack, how are you? I'm great. How are you guys doing? Better than we deserve. What's up in your world? Dave, I'm broke. I'm borrowing money from family to live. My wife and I both
0:56.0	work for a school district. We work all the hours they'll work. Every chance they get to do some
1:02.2	extra jobs, we do it. I'm qualified for welfare now. I've got two adopted sons at home. We've
1:10.4	adopted a lot of children to the years,
1:13.2	never made much money. And I've got a house that I owe about a hundred and twenty on.
1:19.9	120. I'm sorry. I'm sorry. What's it worth? What's it worth? It's worth about 189. Okay.
1:44.3	Here's the problem. Every house that's for sale in our area is cost more than what I owe on the house I've got now. So I could sell a house and break out with my equity and start over, but then I'm going to be right back in the position I'm in again. So I feel like I'm in a corner I can't get out of. Okay. One thing I drove by there that I wanted to ask about, and I almost interrupt you, I apologize, was the, you're both working full-time jobs, and somehow you still qualify for welfare?
1:57.0	For the food program, yes.
2:00.6	What's your combined income?
2:03.0	It's a little less than 35.
2:06.6	And you work for the school system?
2:09.2	Yeah.
2:09.6	Wait a minute.
2:10.9	That's not even $7 an hour.
2:12.8	You're not working 40 hours, not two people.
	...

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