Navigating Family Finances, Risky Investments, and Debt Decisions

In this episode of The Ramsey Show, financial experts Dave Ramsey and George Kamel tackle tough money questions that highlight the importance of wisdom, discipline, and common sense in today’s financial landscape. The show opens with a complicated family scenario: a caller asks how to buy his mother a home without damaging his own finances or causing future resentment. Dave gives sound advice on setting boundaries while still being generous.
Another listener is desperate to settle credit card debt before a looming court hearing. Dave and George lay out a step-by-step plan to negotiate and pay off debt fast while avoiding legal trouble. A key question also arises: Should I tithe on investment withdrawals? The hosts explain the spiritual and practical considerations, reminding viewers that giving is a heart issue, not just a formula.
The show then turns to engaged couples facing financial challenges. One caller wants to know if she needs to save for her fiancée’s debt. Dave explains that debt is a “me problem,” not a “we problem” until after marriage. Another caller wonders if she should marry her broke boyfriend who happens to be a financial advisor. Dave doesn’t sugarcoat the risks of marrying someone with poor money habits—especially when they should be the expert.
For those wondering about changing financial advisors, the hosts explain the red flags to look for, like poor communication or high fees. One shocking call features a man who spent $800,000 on real estate—pushed by colleagues—and is now swimming in debt. Dave and George offer strategies to dump the properties and attack the debt.
Lastly, a couple questions whether they should keep or sell their rental property after a bad experience with tenants. Dave’s advice: if it’s causing stress and dragging your finances down, it’s time to let it go.
This episode is packed with real-life struggles and practical financial truths to help you protect your future.