There’s Always a Way out of a Financial Spiral

The Ramsey Show

Ramsey Network

Business, Education, Investing, Self-improvement

4.6 • 36.7K Ratings

🗓️ 14 January 2025

⏱️ 87 minutes

🔗️ Recording | iTunes | RSS

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Summary

💳 Share your thoughts and you could WIN a $500 Gift Card! 💸 Start taking control of your money in 2025 at our free livestream Ken Coleman & Jade Warshaw answer your questions and discuss: "Should I buy less healthy food to save money?" "What should we do with a large financial gift?" "I just started college and I hate it," My sibling got an inheritance and I didn't..." "We're $500k in debt and the interest is killing us" Support Our Sponsors: 🌱 Get 10% off your first month of BetterHelp ◎ Get 10% off Byrna product bundles and more! 🏥 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! 🥗 Save 15% on your first Field of Greens order with code RAMSEY 💸 Learn more about opening a high-yield savings account with Laurel Road 💻 Visit NetSuite today to learn more 🗂️ Use promo code RAMSEY for 18% off at The Nokbox 💵 Learn more about Timothy Plan 🏛 Get started with YRefy or call 844-2-RAMSEY 🔐 Visit Zander Insurance for your free instant quote today! Next Steps 📱 Listen to the full episode for free in the Ramsey Network app. 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 📈 Are you on track with the Baby Steps? Get a Free Personalized Plan 💰Watch 90 Day Money Makeover. 🎟️ Get Tickets to the Money & Relationships Tour 🏠 Get organized and prepared to buy or sell a home. 💵 Start your free budget today. Download the EveryDollar app! 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	Welcome to the Ramsey Show America.
0:17.4	We're here to help you win in your life.
0:19.6	We want you to win with your money, win in your professional life, and win in your relationships alongside Jade Warshaw.
0:26.6	I'm Ken Coleman. The phone number to jump in is AAA. 825-2-2-25-2-25. Triple-8-2-5.
0:36.5	Let's get to the calls. You're ready to go? Partner, you're a little something in the
0:40.0	throat there? A little forklimped, but I'm ready to go. Cleared the throat. Let me clear my throat,
0:44.3	she said, there it is. We're already getting it started. We're going to have a lot of fun today,
0:49.3	by the way, just a sheer warning to you. We're going to have fun while we coach you up. Lauren starts it off in Knoxville, Tennessee. Lauren, how can we help? Hi. I just have been tracking my budget for the last
1:00.9	year asking friends who have similar families as me living in the area, how much they're spending
1:05.4	on groceries every month. And I am over by a couple hundred dollars every month. I've tried to bring it down, but I just am not willing to compromise on certain healthy foods. And I've already made several compromises the past couple years. So I just want to know how much should I be willing to compromise on healthy food in order to keep a budget.
1:26.0	Look, you call the right place.
1:27.1	This is a great question. Isn't you called the right place. This is a
1:27.8	great question. Isn't it? And I can't think of a better person to be sitting beside on this one
1:33.9	because I'm in the middle here. You are? I don't know where I'm at on this. What are you going to
1:38.8	say? I'm going to lean on you. I'll tell you what I think. So first off, I want to know what your numbers are.
1:44.5	I want to know more about you before I go into it.
1:46.6	It's not going to change my answer.
1:47.8	I just want to know.
1:49.4	Okay.
1:50.0	What are you spending on groceries?
1:51.6	How big is your family?
1:52.4	Family of four?
	...

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