“We’re in Way Over Our Heads With $1.5 Million in Debt”

The Ramsey Show

Ramsey Network

Business, Education, Investing, Self-improvement

4.6 • 36.7K Ratings

🗓️ 26 November 2025

⏱️ 127 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 normal is broken common
0:13.6	sense is weird so we're here to help you transform your life from the ramsie network and the fair
0:20.7	wins credit union studio this is the Ramsey Show.
0:24.2	I'm Dave Ramsey, your host.
0:25.8	Jade Washall, Ramsey Personality, number one bestselling author, is my co-host today.
0:31.1	Open phones at AAA 825-5-225.
0:35.3	You jump in and we will talk about your life and your money. Heather is with us in Nashville.
0:41.6	Hi, Heather. How are you? I'm good. How are you? Better than I deserve. What's up?
0:48.0	Well, first of all, thank you so much for taking my call. My husband and I are in, oh, sorry, we're in a way over our heads.
0:58.0	And so I'm just looking for some help.
1:01.0	We are about $1.3 million in debt.
1:06.0	That's with two businesses, a house loan, a car loan, credit cards, and back taxes.
1:14.6	Okay. Pretty scary. How old are you guys?
1:19.6	We're both 28.
1:21.6	How long you've been married?
1:23.6	Six years.
1:25.6	Okay. All right, cool. So how much do you owe on your home
1:30.2	About 48,000
1:33.4	Okay
1:35.3	And what's it worth
1:36.4	It's
1:38.7	From last we had evaluated about
	...

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