You Breathe Easier Without Payments Choking You

The Ramsey Show

Ramsey Network

Business, Education, Investing, Self-improvement

4.6 • 36.7K Ratings

🗓️ 4 September 2025

⏱️ 126 minutes

🔗️ Recording | iTunes | RSS

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Summary

📈 Think you’re good with money? Take our Money in America quiz! George Kamel and Jade Warshaw answer your questions and discuss: "I inherited $750,000, should I use it all to buy a house in cash?" "Is selling my house the only option for me to get out of debt?" "How do I navigate going through a divorce and expecting twins?" "Should I quit my job to be a stay-at-home mom?" "How do I begin to trust my husband after his financial infidelity?" "How do I convince my wife that keeping cash at home to hide it from the government isn't a good idea?" "I'm $300,000 in debt, how do I begin to pay this off?" "Can I afford to buy a Viper?" "We're millionaires but we still have anxiety about buying a vacation home" Next Steps: ✔️⁠⁠⁠ ⁠Help us make the show better. Please take this short survey.⁠⁠⁠⁠ 📞 Have a question for the show? Call 888-825-5225 weekdays from 2–5 p.m. ET or⁠⁠⁠ ⁠send us an email⁠⁠⁠. 📱 ⁠⁠⁠Get episodes early in the free Ramsey Network app! ⁠⁠⁠ 💵 ⁠⁠⁠⁠⁠Start your free budget today. Download the EveryDollar app!⁠⁠⁠⁠ 🛡️ Get trusted insurance coverage that fits your budget. 🎟️ ⁠Two Weekends. One Life-Changing Experience. Get away with your spouse in Nashville. ⁠ 📚 ⁠⁠⁠⁠Set and actually reach your goals with the NEW 2026 Ramsey Goal Planner! Hurry—they sell out every year!⁠⁠⁠⁠ Connect With Our Sponsors: Stop paying more and start shopping smarter at ⁠⁠⁠ALDI⁠⁠⁠. Get 10% off your first month of⁠⁠⁠ BetterHelp⁠⁠⁠. Go to ⁠⁠⁠Boost Mobile⁠⁠⁠ to switch today! Learn more about⁠⁠⁠ Christian Healthcare Ministries⁠⁠⁠. Get started today with⁠⁠⁠ Churchill Mortgage⁠⁠⁠. Get 20% off when you join ⁠⁠⁠DeleteMe⁠⁠⁠. Go to⁠⁠⁠ FAIRWINDS Credit Union⁠⁠⁠ for an exclusive account bundle! Find top health insurance plans at ⁠⁠⁠Health Trust Financial⁠⁠⁠. Use code RAMSEY to save 20% at ⁠⁠⁠Mama Bear Legal Forms⁠⁠⁠. Visit⁠⁠⁠ NetSuite⁠⁠⁠ today to learn more. For more information, go to ⁠⁠⁠SimpliSafe⁠⁠⁠. Use promo code RAMSEY for 18% off at ⁠⁠⁠The Nokbox⁠⁠⁠. Get started with ⁠⁠⁠YRefy⁠⁠⁠ or call 844-2-RAMSEY. Visit⁠⁠⁠ Zander Insurance⁠⁠⁠ for your free instant quote today! Explore more from Ramsey Network: 💸 ⁠⁠⁠The Ramsey Show Highlights⁠⁠⁠ 🧠 ⁠⁠⁠The Dr. John Delony Show⁠⁠⁠ 🍸 ⁠⁠⁠Smart Money Happy Hour⁠⁠⁠ 💡 ⁠⁠⁠The Rachel Cruze Show⁠⁠⁠ 💰 ⁠⁠⁠George Kamel⁠⁠⁠ 🪑 ⁠⁠⁠Front Row Seat with Ken Coleman⁠⁠⁠ 📈 ⁠⁠⁠EntreLeadership⁠⁠⁠ ⁠⁠⁠Ramsey Solutions Privacy Policy⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:12.8	Normal is broke and common sense is weird. So we're here to help you transform your life.
0:19.5	From the Ramsey Network in the Fairwinds Credit Union Studio, this is The Ramsey Show. Where we help you with your life and your money, we're taking calls. If you want to call in, the numbers, triple 8, 825-5-2-2-25. We'll get you on the line. I'm Jade Warshaw next to me. George Camel, in the place to be. I can't wait. This is going to be fun. Do the people know? They know. Yeah, my wife and I, we just had our second baby, a beautiful little boy named Henry. So I'm coming into the show because I just needed to get out of the house, Jade. Listen, I wondered about that. Okay. We got a lot of help at her, though. So she's doing great. Mom's doing great. Baby's doing great. We got applause in the lobby here. Thank you guys so much. So, so great. I'm glad you're here with me in the co-pilot seat, George. Let's take off to Pittsburgh, Pennsylvania, where we've got James on the line. What's up, James?
1:14.5	Well, congratulations on the new baby. Oh, thank you.
1:21.4	You're very welcome. So I just inherited $750,000 in a Roth IRA.
1:29.7	Wow. From who? I'm going, I'm going to buy a new home, mainly because of the neighborhood I'm currently in it's time to find a new one and the spouse would like to be farther out in rural central
1:34.3	Pennsylvania what I'm trying to figure out is what is a good amount to pay for a home
1:41.4	we've got a little disagreement of about 50 to 75,000 on what we should spend. Wow. So you know that, you know, bar none, hey, I want to spend this money on a house, and you're just like, how much should we spend? Have you kind of looked at, you know, real estate in your area to find out, okay, we're looking for a three bedroom. We're looking for this and this is what it costs? Yeah. Oh, yeah. I've been on the MLS probably three hours a night for the last two weeks.
2:07.2	And what are you finding? I'm finding a lot of prices coming down on homes that I didn't think I could
2:15.1	afford a month ago or that I wanted to pay for a
2:18.8	month ago.
2:19.9	And a lot of areas, and I've pretty much tossed away homes that definitely need a lot of work
2:27.7	or we don't have good pictures or I was a realtor 20 years ago and I'm astonished at some
2:32.9	of the pictures they put on the MLS.
2:36.0	I'm like, my God, buy a camera. Come on.
2:38.0	So you're finding.
2:38.8	What's your current house worth?
2:41.8	160.
2:42.8	It's worth 160.
2:44.5	And is it paid for outright or do you owe on it?
2:47.4	No, I owe I owe $80,000 on it.
2:50.4	I've got a 2.5 percent mortgage um i had the
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