This Is So Weird
The Ramsey Show Highlights
Ramsey Network
4.6 • 682 Ratings
🗓️ 12 July 2024
⏱️ 5 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
| 0:06.0 | So I have a pretty straightforward question. I talked to my dad yesterday and he wants me to pay for his life insurance policy. |
| 0:17.0 | He said I should think of it like an investment and he doesn't want to actually pay for it himself. |
| 0:25.0 | So I just wanted some advice on maybe how I can talk to him about paying for his own life insurance or should I pay for it myself. |
| 0:38.7 | That's so weird. |
| 0:42.6 | Isn't it? |
| 0:44.0 | Yeah. |
| 0:44.5 | When you heard that, you had to go, say what? |
| 0:49.5 | I don't know if you said it out loud, but you said it in your head, didn't you, Frankie? |
| 0:53.8 | I did, and he said it to my mom, and he said, you know, because he's not going to be receiving any of the benefits, |
| 1:00.7 | I was like, well, I mean, that's kind of the point. |
| 1:04.9 | He was saying, since he's not going to be receiving it, I should pay for it. |
| 1:08.7 | Yeah. |
| 1:09.0 | How old are you? |
| 1:12.5 | I'm 24. And how old is he? |
| 1:16.3 | 65. |
| 1:17.3 | Is he ill? |
| 1:20.5 | Not necessarily. I mean, he has some health issues, but I mean, for his age, he's... |
| 1:25.0 | But his death is not imminent as far as we know. |
| 1:28.8 | Right. Yeah, yeah. |
| 1:29.7 | Yeah. |
| 1:30.3 | So you could be doing this for like 30 years. |
... |
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