When Money Feels Confusing, Clarity Matters Most
4/13/20262 hr 13 min
❓ Have a money question? Ask Ramsey is here to help.
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George Kamel and Ken Coleman answer your questions and discuss:
“My husband doesn't want our daughter to sell her silver because he is convinced it will grow in value” “I am inheriting some money and I don't trust anyone around me to give me advice” “How do I pay off $120,000 of debt as a student?” “Should I stay in a job that I hate until I retire or quit and find a job I like?” “I used a debt-relief program and now I am having second thoughts. Should I take my money out to start the Baby Steps?”
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Transcript preview
First 90 secondsSpeaker 00:00
[gentle music] Brought to you by the EveryDollar app. Start budgeting for free today.
Ken Coleman· 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. 888-825-5225 is the phone number. I'm Ken Coleman, joined by the incomparable George Kamel. No bomber jacket today, just a jacket, and he's looking as- I didn't wanna outdo you, Ken ... you're looking as dapper as ever.
George Kamel· Co-host0:40
Thank you.
Ken Coleman· Host0:40
We're ready to go. Let's start it off with Zay in Austin, Texas. Zay, how can we help?
Speaker 30:45
Hi, um, I was just calling in, just wanted to say I love the show, and I'm new to Ramsey, but I'm really throwing myself into, you know, everything that y'all teach. I've already completed Baby Step 1, and I just wanted some direction on how to get through Step 2.
Ken Coleman· Host1:01
Well, welcome aboard, Zay.
George Kamel· Co-host1:03
Baptism by fire.
Ken Coleman· Host1:03
Let's go. Proud of you. So what's the picture? Give us the financial picture in Baby Step 2. What are we working on?
Speaker 31:11
Uh, we're working through about $53,000 in debt, um- You said 53? ... including buy now... Yes, sir.
George Kamel· Co-host1:18
Okay.
Speaker 31:19
$53,000.
George Kamel· Co-host1:19
All right, break it down for us.
Speaker 31:21
And, uh, it's gonna be, uh, about $3,287 in buy now, pay later debt, uh, $785