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The Ramsey Show

You’ll Never Be Able To Borrow Your Way out of Debt

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 26 August 2024

⏱️ 83 minutes

🧾️ Download transcript

Summary

📱Watch the full episode for free in the Ramsey Network app. Dr. John Delony & Jade Warshaw answer your questions and discuss: "I'm $870K in debt, should I sell my house?" "I'm upside down on a car with 13% interest," "How do I mend my wife's and mom's relationship?" "Can I afford a $223k car?" Support Our Sponsors: Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. BetterHelp: betterhelp.com/Delony to get 10% off your first month The Wellness Company: urgentcarekit.com/ramsey for 15% off medical emergency kit MamaBear Legal Forms: mamabearlegalforms.com and use promo code RAMSEY to save 20% Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🏆 Set and actually reach your goals with the NEW 2025 Ramsey Goal Planner! Hurry—They sell out every year! 💵 Start your free budget today. Download the EveryDollar app! 🏠 Find a Ramsey Trusted Real Estate Agent 💸Enter The Ramsey Cash Giveaway for a chance to win $10,000! 📚 Shop the $12 Sale to get life-changing tools to help you make real progress! Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:24.8

Live for Live from Nashville, Tennessee. This is the Ramsey Show where we help people with their money, their relationships, their life, building wealth, getting out of debt, all of it. I'm John Delone joined by my good friend Jade Warsaw, and we are live.

0:29.4

Taking your calls at AAA, 825, 5225. It's AAA 825 5 225.

0:35.0

Call in from all over planet Earth and we will do the best we can to get to your calls

0:41.0

and answer your questions on just about anything.

0:43.2

So go out to Chicago, Illinois and talk to Jake. What's up Jake? How we doing brother?

0:49.1

Hey guys, can you hear me? Yeah, I got you man. What's up?

0:53.4

Awesome, thank you so much God bless you both. Thank you. Just calling for a relationship question.

1:00.0

I've got a girlfriend now, I've been dating just for over a month and she comes from out of the country actually.

1:08.0

But she's been in the US for a couple of years now and she's trying to get rid of her debt she's on the baby steps

1:15.2

doing every dollar but she tells me like she's being overwhelmed because she's trying

1:18.8

to also her family overseas is asking for money unfortunately they grew up

1:26.0

kind of in poverty so they're struggling and I'm just trying to get relationship

1:31.5

advice from you guys on how to handle that on the

1:33.8

sideline and be supportive and give advice. Where is she from? I just want to say

1:40.6

you that South America. Okay that's fine a very, very, very, very, very common thing.

1:45.8

Millions and millions and millions and millions and millions of dollars are sent back home

1:50.6

when one or two or five or six family members make it to the U.S.

1:57.0

And so being this new relationship for a month I would sit with her and keep my mouth shut. I know that's right. And I would sit with her and keep my mouth shut and I would say man I know that's really hard I know it's tough I know you're in a pickle I know if like I want you to sit and hear her and unless she specifically says do you have advice for me on how I can get out of this situation which I doubt that question will actually come.

2:20.0

I want you just to be present with her because she's probably pretty smart and she probably

2:24.1

needs you to be near her and needs your emotional support more than she needs your facts.

2:31.1

Does that make sense?

2:32.1

Yeah, yeah, I got you. Yeah, I guess Jay do you have anything there? I mean I guess that's kind of is what it is man. Y'all been together a month. This difference if you were married five years or something like that.

...

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