The Payment Mentality Is Keeping You Broke

The Ramsey Show

Ramsey Network

Self-improvement, Education, Business, Investing

4.5 • 38.5K Ratings

🗓️ 14 April 2026

⏱️ 126 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:13.0	Normal is broke and common sense is weird, so we're here to help you transform your life from the Ramsey network in the Fairwinds Credit Union
0:21.9	studio. This is The Ramsey Show. And I am Rachel Cruz hosting at this hour with my good
0:28.2	friend and co-hosts the smart money happy hour, George Camel. And we are taking your calls live
0:34.0	at AAA 825-5-225, so give us a call.
0:39.5	All right, kicking us off this hour in Austin, Texas, we have Tracy on the line.
0:44.9	Hi, Tracy.
0:46.4	Hi, how are you?
0:47.5	Hi, we're doing great.
0:49.0	Thanks for calling in.
0:50.5	Yeah, absolutely.
0:51.8	How can we help today?
0:53.5	So, long story short, we've had some financial losses that were out of our control.
1:00.4	You know, our income has gone down.
1:02.4	Our costs have gone up.
1:04.6	We've blown through all of our savings, trying to, you know, stay afloat, went to credit cards
1:10.7	to, you know, for allloat, went to credit cards to, you know, for all of our
1:13.2	business expenses, our household expenses, all of those things. And we're still behind,
1:19.3	borrowing from family, all of the things. Right now, we are running at about a $5,000 deficit
1:25.3	a month, even, you know, all things considered.
1:29.6	I'm just trying to figure out, you know, do we, at what point do you give up and file bankruptcy?
1:36.9	You know, do we keep trying to dig out of this?
	...

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