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The Ramsey Show Highlights

This Isn’t Weird, It’s WRONG!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 1 June 2024

⏱️ 3 minutes

🧾️ Download transcript

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 today's question of the day

0:07.4

comes from taylor in mississippi taylor says i'm currently 12 weeks pregnant with a baby girl from my

0:15.2

boyfriend i recently lost a loved one who left me a large inheritance. I have $40,000 of debt and my boyfriend

0:22.5

is debt free. Do I take this inheritance and put towards my debt and then take what's left

0:26.8

and put down 20% on a house? My boyfriend and I plan on getting married, but for some reason,

0:32.1

he's really against getting married before I have the baby. That's weird. Okay.

0:37.7

Well, I don't know why that would be the case.

0:40.7

But, yeah, I mean, that's what I would do.

0:43.0

Yeah, I would take the inheritance.

0:44.0

I'd pay off your debt.

0:45.2

Taylor, I would keep everything so separate.

0:47.1

If you bought a house, I would buy it on what you make, your income, your life.

0:52.5

I mean, I would be very, very hesitant to put him on anything. I

0:58.5

wouldn't put him on anything. Not hesitant. Just don't do it. And I probably wouldn't do anything until

1:03.7

the baby comes. I mean, honestly, I don't think I would make a big decision like, well, pay off your, pay off your

1:08.4

debt. Pay off your debt, but I wouldn't buy a house pregnant I would continue to

1:11.5

rent maybe rent for the next year or two then then hopefully you guys get married then after you

1:16.8

have the baby and then you guys together after you're married look and see okay let's let's purchase a

1:22.6

house but while you're pregnant I probably wouldn't take some of this inheritance and put it down payment.

1:28.1

I would just, I would rent, be where you are for, you know, one to two years.

1:33.1

And then from there, see what happens relationally if that changes.

1:37.3

And then even just financially at that point.

...

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