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The Ramsey Show

What We Can Learn From an Angry Morgan Wallen Fan (Hour 3)

The Ramsey Show

Ramsey Network

Investing, Education, Business, Self-improvement

4.538.5K Ratings

🗓️ 28 April 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

Jade Warshaw & George Kamel answer your questions and discuss: "Should I get variable universal life insurance?" from the blog: Everything You Need to Know About Universal Life Insurance, Angry Morgan Wallen fan sends singer $4K bill for canceled show, Teaching kids about the best way to save, from the blog: How Do I Teach My Kids How to Save? Pulling from retirement savings to pay off the house, "Can we afford to go on vacation?" "Are we dreaming too big?" Support Our Sponsor: Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Join a Personality-led FPU class. Click here! Enter The Ramsey Cash Giveaway for a chance at $3,000! https://bit.ly/TRSgvwy Shop our bestsellers during the $10 Sale! https://bit.ly/TRS10Sale Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Interested in advertising on The Ramsey Show? https://ter.li/s64ye3 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

Sh

0:30.0

Live from the headquarters of Ramsay Solutions broadcasting from the pods moving in storage studio. It's the Ramsay show where we help people build wealth

0:39.6

We help you do work that you love and we're helping you build actual amazing relationships

0:45.1

Not just tick-tock and Facebook and Instagram relationships with friends that aren't real friends George. They ain't helping pay the bills

0:53.8

Get rid of them get rid of them. I'm your host Jade Worshaw. I'm joined by the

0:59.3

Everlovable

1:01.2

George Campbell. I love to see what the intro is gonna be every hour. It's always a journey

1:05.3

You never know what it's gonna be ever lovable is not something I've been called before so appreciate that

1:09.6

That's that's what it is. Give us a call

1:11.5

You know the number is triple eight eight two five five two two five George will give you great advice

1:17.2

He might get he might get a little snippy on you. I'm I think you're more likely to get snippy

1:22.4

I'll cut you a snark. He'll cut you with a snark

1:25.2

We're gonna take a call. We got Kara from Detroit, Michigan. What's going on Kara?

1:30.0

Hi there. I had inquired about long-term care insurance

1:34.5

One option that I was introduced to is called variable universal life insurance policy with a long-term care writer

1:41.8

So basically I could put a some of money say 75,000 and it would be invested in mutual funds

1:47.6

I could allow it to grow for about four to years

1:49.8

When if I needed long-term care that would get multiplied by four and that becomes the amount I can use for long-term care

1:56.5

So my question is this worth looking into or is this more on the whole life insurance side that you guys advise us to avoid?

2:03.7

It is it's more of the cash value whole life insurance side that we would tell you to avoid

2:09.3

But can I just say I love that you're thinking about long-term care. How old are you?

2:14.9

45 I know it's early, but I

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