4.6 • 682 Ratings
🗓️ 31 December 2024
⏱️ 6 minutes
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0:00.0 | Brought to you by the Ramsey Network app. |
0:05.1 | Download today to go further with Ramsey. |
0:08.4 | All right, today's question comes from Jenna and Minnesota. |
0:11.6 | Jenna writes, |
0:12.4 | Should I help my boyfriend pay off student loan debt? |
0:15.0 | No. |
0:16.2 | I guess we can just end it there, but I'll keep going. |
0:18.2 | I know what you're going to say, so let me explain. |
0:21.1 | Still know. We both went to college for mechanical engineering. My parents covered my tuition, |
0:26.3 | but my boyfriend has over $125,000 in college loans. We both work good jobs and bring home a |
0:31.5 | combined income of $200,000, but his loan payments are killing him. He didn't want to burden me |
0:36.3 | with him and he wants to put our life on hold, marriage, house, and children until they're paid off. |
0:40.9 | He has about $15K in savings, and so this is going to be a long process. |
0:44.8 | I have $80,000 in savings and roughly $300,000 in stocks that my grandpa set up for me when I was a kid. |
0:50.4 | Should I help pay off my boyfriend's loans by adding an amount to his payment every month, |
0:54.4 | pay them outright, or do you think I shouldn't help him at all? |
0:56.8 | Should you cave to his blackmail? |
0:58.7 | That's exactly. I was going to say, he is, this is a, it's a red herring. It's a, it's a proxy. |
1:04.8 | It's a ploy. Yes. So, listen, kiddo, we tell folks when they get married everything becomes shared so you will have a hundred |
1:13.5 | twenty five thousand dollar student loan when you're married because your husband does he will have |
1:17.8 | three hundred thousand dollars in stocks that his wife's grandfather left her he will have |
1:24.1 | eighty thousand dollars in savings that his wife had before they got married. |
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