meta_pixel
Tapesearch Logo
Log in
The Ramsey Show

When Does It Make Sense To Refinance Your Mortgage? (Hour 2)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 9 May 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

Dave Ramsey & Jade Warshaw answer your questions and discuss: Helping an adult child with emergency medical bills, Knowing when it makes sense to refinance a mortgage, from the blog: Should I Refinance My Mortgage? Trying to sell a camper to family, "Should I buy a new car of pay off my house?" Support Our Sponsor: BetterHelp 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

Click on a timestamp to play from that location

0:00.0

Do How To Help

0:04.0

Live from the headquarters of Ramsay Solutions, broadcasting from the pods, moving and storage

0:33.0

in studios. It's the Ramsay Show where we help people. Build wealth, do work, that they love and create actual amazing relationships. Open phones that

0:47.0

are triple eight, eight, two, five, two, two, five. Jade Washall, Ramsay Personality is my co-host today. Greg is in Sacramento. Hey Greg, welcome to the Ramsay Show.

0:58.0

Hi Dave, thank you.

1:01.0

Sure.

1:02.0

Well my adult son had an event two years ago which is heart stopped and he had a little to no blood flow for 15 to 30 minutes or so.

1:13.0

As a result he suffered a brain injury and was in the hospital for six months. But the amazing thing is he survived and he's actually doing remarkably well.

1:29.0

Even though they didn't expect him to survive. He's still in recovery and he's hoping to be able to work and live on his own again and hopefully within a year or so.

1:39.0

But he didn't occur a lot of medical debt given that he's not working yet and he had some debt before that. Fortunately the hospital itself forgave $2.5 million for which we're extremely grateful.

1:54.0

So he had no insurance?

1:57.0

No, that was with insurance. I mean the insurance covered whatever they covered and then the hospital said the total bill was $2.5 million.

2:11.0

Yeah, but they got money out of the they got a lot of money. They got a lot of that from the service.

2:17.0

But they forgave the rest. That's very nice.

2:21.0

We're grateful for that. But he does still have about 45k and medical debt and that's to about 30 different providers.

2:30.0

Additionally I think about 15k and personal lip prior to that. Most of that's all in collections right now.

2:38.0

And I'm just trying to I would like to know how I can best help him deal with the debt.

2:46.0

So how's he doing with the brain injury? What is he back? Is he 70% back 89% back? How's he doing?

2:54.0

Well, it's hard to tell. In some areas he's probably 100% but in other areas he's got difficulties.

3:01.0

He's taking a course at a junior college right now and it's he's actually doing really well in the course but it's hard for it to take some he says it takes me a lot longer and it's very grainy physically on him.

3:16.0

But anyway, he's doing well. He's actually 39.

3:20.0

Wow. How old are you?

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.