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The Ramsey Show

You Are in Control of Your Own Future

The Ramsey Show

Ramsey Network

Self-improvement, Investing, Business, Education

4.6 โ€ข 36.7K Ratings

๐Ÿ—“๏ธ 22 October 2024

โฑ๏ธ 84 minutes

๐Ÿงพ๏ธ Download transcript

Summary

๐Ÿ“ฑWatch the full episode for free in the Ramsey Network app. Rachel Cruze & Jade Warshaw answer your questions and discuss: "Why not buy a house before marriage?" "How do I invest for the future?" "Borrow from my 401(k) to buy a house?" "Should I buy a diamond ring or save more for a house?" "I'm in over my head with a remodel" Support Our Sponsors: ๐ŸŒฑ Get 10% off your first month of BetterHelp ๐Ÿฅ Learn more about Christian Healthcare Ministries ๐Ÿก Get started today with Churchill Mortgage ๐Ÿฆ Go to FAIRWINDS Credit Union for an exclusive account bundle! ๐Ÿฅ— Save 15% on your first Field of Greens order with code RAMSEY ๐Ÿ’ค Visit Helix Sleep for special offers! ๐Ÿ’ป Visit NetSuite today to learn more ๐Ÿ—‚๏ธ Use promo code RAMSEY for18% off at The Nokbox ๐Ÿ›Get started with YRefy or call 844-2-RAMSEY ๐Ÿ” Visit Zander Insurance for your free instant quote today! Next Steps ๐Ÿ“ž Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ๐Ÿ“ˆย Are you on track with the Baby Steps? Get a Free Personalized Plan ๐Ÿ–๏ธ Invest in Your Future With a SmartVestor Pro ๐Ÿ’ต Start your free budget today. Download the EveryDollar app! ๐ŸŽŸ๏ธ See Dave and John LIVE in a city near you! ๐Ÿ›ณ๏ธ Live Like No One Else Cruise ๐Ÿ˜๏ธ Free Tools & Resources to Reach Your Home Goals โœ… Free tools and resources to find the right insurance for you Listen to more from Ramsey Network ๐ŸŽ™๏ธ The Ramsey Show ย  ๐Ÿง  The Dr. John Delony Show ๐Ÿธ Smart Money Happy Hour ๐Ÿ’ก The Rachel Cruze Show ๐Ÿ’ธ The Ramsey Show Highlights ๐Ÿ’ฐ George Kamel ๐Ÿ’ผ The Ken Coleman Show ๐Ÿ“ˆ EntreLeadership Ramsey Solutions is a paid, non-client promoter of SmartVestor Pros. Learn more about your ad choices.ย https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

The Live from the headquarters of Ramsey Solutions, it's the Ramsey Show where we help

0:20.3

people build wealth, do work that they love, and create amazing relationships.

0:25.4

I am Rachel Cruz hosting this hour with my good friend and best-selling author Jade Warsaw

0:30.6

and we are here to answer your questions about life, money, career, anything and everything.

0:36.2

So give us a call it, AAA, 825, 5 225225.

0:41.6

Up first, this hour, we have Chris in Raleigh, North Carolina.

0:45.9

Hey Chris, welcome to the show.

0:48.5

Thank you.

0:49.5

Thank you for taking my call.

0:50.4

Absolutely, how can we help? So I'm asking this question for my daughter and her fiance.

0:56.0

And I wanted you guys to give your best explanation of why you should not buy a house together before you are married.

1:03.0

Oh, I like that.

1:05.0

So, I mean, the first thing is there's no legal protections.

1:08.0

I mean, you're kind of just his word against her word and you're commingling money together, and so at the end of the day if it doesn't work out

1:16.4

there's not really a process in place to decide who gets what. That would be my first thought.

1:31.0

Okay so we That would be my first thought. Okay, so with you saying that, of course, nobody goes into a marriage thinking that it's not going to work out and these two are no different. But they both still live at home, they both have jobs, she's in

1:36.8

college and she's finishing up a teaching degree which she's going to take her

1:40.8

three years to do that and they're scared to get married in April of 26.

1:46.7

They're trying to understand how you wait until you're married to buy a house because they say well where we're going to live at?

1:55.0

Well that's a good question and I tell me you got to look at Rennie and if they decide to wait, I mean you to explain to them why that's a good thing, I guess, is what I'm saying.

2:07.0

To wait to get married or to wait to not buy the house together.

2:10.0

Wait to not buy the house together. I think they understand the finance part of it, but I think they're like if

...

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