Lin

Caller: “ I have a net worth of about $3 million and my Dad has asked for $55,000 to pay his debt. What should i do?” Caller: My 80 year old father is asking my husband and me for $55,000 to pay off his credit card and car loan debt. Dave: What’s your financial situation? Carla: We’re retired, debt free, net worth between $2 and $3 million but we’re on a fixed income and would have to dip into retirement accounts to do it. Dave: And your husband’s position? Carla: He’s firmly against it. But my dad is very persuasive and I feel guilty saying no. Dave: Carla, the answer is no. You have no moral, ethical, or biblical obligation to fund your father’s bad financial habits especially when manipulation is part of how he’s asking. Carla: But he’s 80 and he’s my dad. Dave: Being your dad doesn’t give him the right to your retirement. And “no” is a complete sentence. Don’t give him an encyclopedia of reasons, he’ll debate every one. Be brief, be gentle, and be firm. Carla: What can I offer instead? Dave: Gift him Financial Peace University. Give him the tools to help himself. That’s generous without enabling the pattern.

@uncvoss At least now she got herself something to move with

A truck driver and his wife agreed they wouldn't take on any more car debt.. while he was away for work, she bought a new van anyway, adding another $5,000 to their loan. Dave Ramsey says the debt isn't even the biggest problem. Caller: "We agreed we weren't going to finance anything different. The next thing I know, she sends me pictures of a van she just bought." Dave Ramsey: "Part of me is sympathetic because she's overwhelmed... but part of me is really ticked off." Caller: "Financially, I think we should turn around and sell the van." Dave Ramsey: "Financially? Sell the car." Caller: "She still thinks we should keep it because it's only another $5,000." Dave Ramsey: "The vehicle isn't the problem. The decision-making process is." Dave Ramsey: "You're never going to have anything financially until you solve what's broken in how these decisions are being made." Dave Ramsey: "You can't have a marriage where one person acts like they're single when it comes to money." George Kamel: "The financial piece can be undone today. The trust... that's going to take a while to rebuild." Dave Ramsey: "Sell the van. The debt isn't your biggest problem. The broken trust is."

@heisdenji She could’ve married her Dad

A man says his girlfriend wants to keep her last name after marriage… and his family says taking hers would be “emasculating.” Caller: My girlfriend and I have been dating for a little over two years. We’ve definitely talked about marriage and one thing that’s come up is what last name we’re going to take. I grew up thinking the husband automatically gave the family its last name. I never even knew people took the woman’s last name or picked a different one. John Delony: That’s that male privilege, you don’t even have to think about it. Caller: When we first started talking about it, it really surprised me that she had such a strong opinion. She thinks it’s really unfair that women are expected to give up their last name. She really doesn’t want my last name because of that, it hurt my feelings, I felt rejected even though I know that’s not really what it’s about for her. John Delony: But still say just like a male to make this whole thing about you. Keep it going, Seth. Caller: The thing that bothers me is when I talk to my family and my friends, they’re all of the opinion that for me to give up my last name and take her last name would be very emasculating. John Delony: Hold on, they’re idiots. They don’t get a vote.

@Tokyo_pi1 I’m actually siding with the woman

“My wife sends $2,000 every month to her parents while we’re drowning in $137,000 of debt.” Caller: “My husband wants me to stop helping my parents.” Dave Ramsey: “Helping your parents is honorable. Sacrificing your marriage because seven other siblings won’t help? That’s not honorable that’s toxic.” Caller: “But they depend on me.” Dave: “No. They’ve made you responsible while everyone else walks away. Set boundaries, make the siblings share the burden, or you’ll keep sinking together.”

@Lou_inc He is a funny man😂

Caller: My husband is 53, and because his mother and two brothers died in their 50s, he’s worried he won’t live long. He wants to spend $500,000 to buy five extra years of pension so he can retire early. Dave Ramsey: I understand the fear, but don’t let it drive a half-million-dollar financial decision. Caller: We can afford it. We have a paid-off $700,000 home, about $2 million in retirement and investment accounts, plus $300,000 in cash. Dave Ramsey: Exactly. You’re already in great financial shape. You don’t need to spend $500,000 just to receive a pension you can already live without. Caller: So what would you do instead? Dave Ramsey: I’d invest in your health, not more pension. Get comprehensive medical screenings, see a top cardiologist, and focus on fitness and lifestyle. That will give you far more peace of mind than trying to buy away your fear. Caller: So don’t let fear make the decision? Dave Ramsey: Right. Make decisions based on facts, not emotions. Your finances are already strong—now focus on living a healthier, fuller life instead of assuming history has to repeat itself.

@uncvoss Real, they’re getting money from him

@_Lin_inc The only guaranteed winners here sound like the lawyers 💀

Caller: “My divorce is costing me a fortune($200k and counting)” Caller: I’m three years into a divorce and it’s destroying me financially and emotionally. I’ve spent $200,000 on legal fees and forensic accounting to uncover assets tied to my ex-wife’s private company stock. I’m now $30,000 in credit card debt and the case could drag on another year. George: Why not settle now? Caller: Because the stock value keeps increasing annually. If I wait, the payout could be significantly larger. Dave: Chris, that’s the sunk cost fallacy. You’ve already spent $200,000 chasing a number that keeps moving. Every month you continue, you’re gambling more of your financial future on a maybe. Caller: But walking away feels like losing after everything I’ve put in. Dave: Staying in costs you more than leaving does. You’re not funding justice at this point, you’re funding your lawyers’ lifestyle. Wave the white flag. Settle, get out, and stop the bleeding. Sell your remaining properties if you need to, pay off the $30,000 in credit card debt, and start rebuilding your life. Caller: It’s hard to accept that loss. Dave: The money you might gain isn’t worth another year of this; financially or mentally. The divorce has already cost you $200,000 and three years of your life. Don’t let it cost you more.

@Lou_inc @Tokyo_pi1 By selling his house and starting life all over again

@_Lin_inc @Tokyo_pi1 Do your best to clear it off and live a better life

@Julceee_ Right! Divorce drains you

@_Lin_inc Sometimes we should know the people we’re getting married to before we actually marry them

@Tokyo_pi1 @Ankara_inc He should be in the toxicity? what if it takes his life? Freedom over everything

@_Lin_inc @Ankara_inc Damn then just don’t divorce try and work it together

@Ankara_inc Real, men suffer so much from divorce

@_Lin_inc This is so sad, you can hear the pain from his voice. He is drained

@heisdenji A wife you mean?

@_Lin_inc stock markets are such a rollercoaster lol

@GeorgeKamel x @RachelCruze

@uncvoss that was a golazo

Zlatan Ibrahimović told Brady what was going through his mind before his iconic bicycle kick against England. "The whole week I was thinking... I'm going to show England who I am." "The goalkeeper chipped it over me... I already knew where the goal was. The only thing I needed was the right angle." "From 10 players... 9 would stop the ball and waste time. Only the genius would do the one out of ten. That's me." "I watched the ball flying towards the goal... and prayed the defender wouldn't touch it."

Caller: “I’m 66 and I have nothing saved for retirement” Caller: We’re 66, no retirement savings, no pension, and we’re renting. I’m picking up full time work in August. We just don’t know where to start. Dave: You need to treat this like a serious health diagnosis, the habits that got you here cannot continue. But you do have a path. Caller: What does that look like? Dave: You work for at least another 10 years. Save 15% of your income aggressively and you could reach around $350,000 in retirement savings by 76. Simultaneously, save for a large down payment and buy a very modest home or condo on a 10 or 15-year fixed mortgage, the goal is a paid off home by 76 as well. Caller: That feels tight but doable. Dave: The full time work starting in August helps significantly. Every dollar matters right now. Dave: And to anyone watching who’s 19 to 25, this couple’s situation is exactly why you start now. Compound interest is exponential. The same 15% saved in your 20s produces dramatically more than waiting until your 40s or 50s. It’s not about how much you save, it’s about when you start. Intentionality early changes everything.

@0xdomkelechi Right exactly what he is supposed to

@_Lin_inc Dave not sugarcoating it at all big respect.

@Paris_dnd Facts

@_Lin_inc hopefully it pays off for you, before full retirement

@heisdenji Real

@_Lin_inc how did you get to 66 without a retirement plan?? this is actually on them

@PieRsqaure i’m surprised but it’s not news

@_Lin_inc How do one reach that age without any retirement plans

@Lou_inc This is why you should always own your own house

Caller: My fiancé’s landlord wants him to pay $5,900 for plumbing repairs after a leak inside the wall. He’s been renting the house through a handshake agreement for the last three years. Dave Ramsey: Unless your fiancé caused the damage through negligence, that’s not his responsibility. Structural repairs like plumbing inside the walls are typically the landlord’s job. Caller: The rent has been below market because they’re family friends, so we feel guilty saying no. Dave Ramsey: Their generosity doesn’t mean you agreed to pay for major home repairs. Those are two separate issues. Caller: So how should we respond? Dave Ramsey: Be kind, thank them for helping with the rent over the years, but be clear: “We appreciate everything you’ve done, but we never agreed to pay for home maintenance, and we can’t cover a $5,900 repair.” Caller: I’m worried this could hurt the relationship. Dave Ramsey: They put the relationship in this position by asking you to pay their repair bill. Don’t let guilt push you into accepting a responsibility that isn’t yours. As you’re preparing for marriage, protecting your own financial future has to come first.

@web3_scholar_ Exactly, unless can take a 66 year old baby at an orphanage

@_Lin_inc Retiring and having nothing saved? That's naaaah He shouldn't retire fr.