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The Ramsey Show Highlights

Your Sports Betting Addiction Is Not Cute

The Ramsey Show Highlights

Ramsey Network

Business, Investing, Education, Self-improvement

4.5839 Ratings

🗓️ 21 June 2022

⏱️ 8 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

This is the Ramsey Call of the Day, part of the Ramsey Network.

0:10.6

Joining me today is Ramsey personality, Dr. Chandelloni.

0:15.5

Today's question comes from Jason and Illinois.

0:18.4

Jason writes, my question is about income from a side hustle.

0:23.3

I recently began sports betting and have built up a bankroll of about $4,000.

0:28.4

So his side hustle is gambling.

0:30.6

My wife and I have about $55,000 in total debt, excluding the house.

0:35.5

We earn about $61 grand a year.

0:37.4

I'm a saver, said the gambler.

0:39.8

My wife is a spender. We don't have a budget and need an additional $500 to cover our bills

0:45.4

for the month. I have agreed to withdraw. This is my favorite sentence I've ever read on the show.

0:51.3

I have agreed to withdraw $250 a month from my sports betting account to help cover our

0:57.7

shortage, but my wife would prefer. I liquidate the account. Dave,

1:02.1

what should I do?

1:07.1

Oh, man, this is a real person.

1:11.9

There's a human out there that really asks that.

1:15.5

If we don't say something stupid, we're going to be employed forever.

1:21.6

Forever.

1:23.8

Oh, man.

1:26.2

All right.

1:27.2

So, Jason, you're not a...

1:28.1

Jason, you're not from the South.

...

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