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Life Gets Easier When You Don't Owe Anyone

7/9/20262 hr 7 min

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Dave Ramsey and George Kamel answer your questions and discuss:

  • “Should we refinance our home to pay off debt?”
  • “Is it okay that we keep our finances separate if my husband covers all the bills?”
  • “Should I sell my house to pay off my debt?”
  • “Everyone is telling us to spend down our cash so we are eligible for college financial aid, are they right?”
  • “How do I pay off $41,000 of debt?”

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Transcript preview

First 90 seconds
  1. Dave Ramsey· Host0:00

    [upbeat music] Brought to you by the EveryDollar app. Start budgeting for free today. [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 Dave Ramsey, your host. George Kamel, Ramsey Personality, number one bestselling author, uh, and host of-- co-host of the Smart Money Happy Hour. He is my co-host today. Open phones at 888-825-5225. Hannah is with us in New York, Syracuse, to be precise. Hey, Hannah, what's up?

  2. Hannah0:45

    Hi, how's it going?

  3. Dave Ramsey· Host0:48

    Better than I deserve. How can we help?

  4. Hannah0:50

    Yep. So my husband and I are on Baby Step 2. Um, and I have a husband who is way more of a spender than I am, and it's gotten to the point-- we started the, uh, plan in January, and it's gotten to the point where I am now having to put money aside in a savings account, diverting it from my paycheck, because if I don't do that, he ends up spending it. [sniffs] And it's become very difficult- How old is this child? Um, he's 33.

  5. Dave Ramsey· Host1:19

    Mm-hmm. Okay. Does he, does he actually have a psychological disorder or is he just immature?

  6. Hannah1:25

    [laughs] Um, so our income has-- it-- so two years

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