Financial Wisdom Matters More Than Financial Timing
7/23/20262 hr 8 min
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George Kamel and Dr. John Delony answer your questions and discuss:
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- “How do we protect our retirement despite my husband’s dementia diagnosis?”
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Clips
Transcript preview
First 90 secondsSpeaker 10:00
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George Kamel· Host0:08
[upbeat music] Normal is broke and common sense is weird, so we're here to help you transform your life. From the Ramsey Network in the FAIRWINDS Credit Union Studio, this is the Ramsey Show. I'm George Kamel, here with Dr. John Delony. We're taking your calls at 888-825-5225. You call us up, we'll try to help you take the right next step for your money and your life. Hannah kicks us off in Orlando, Florida. What's going on, Hannah?
Hannah0:40
Hi. Um, so we are, me and my husband, we are currently on baby step number two. We're completely debt-free aside from our mortgage. Um, so we are trying to get our three to six months savings built up so that way we can move on to the other baby steps. My question is, when we are setting up our emergency savings, our three to six months, what should we include in that? Um, so I am a stay-at-home mom, but I also own my own business, so I work part-time, and then I have my health insurance, um, that we pay for privately. Um, should I include the health insurance expect- ex- expense as part of that since it is something that, um, it is really expensive for both me and my daughter? So we're just trying to figure out what we should include in our emergency savings plan itself.