A $60,000 Mistake Turned Into a Wake-Up Call
The Ramsey Show
Choosing a Severance Option After a Layoff
Brett outlines two severance offers; Jade and Ken recommend taking 60 days on payroll for stability and acting as if no income is coming.
🤔 Can an online will work for you? Take this quiz to find out! Jade Warshaw and Ken Coleman answer your questions and discuss:
- “My RV payment is 50% of my income and it’s on a 15-year, 17% interest rate loan. What should I do?”
- “My ex-fiacée is pregnant with my kid. I feel like she is taking advantage of me financially. Should I stop giving her money?”
- “My husband started a small business and it rarely brings in income. How long do we keep this going?”
- “We are $103,000 in debt. How do we stop ourselves from going back into debt once we pay this off?”
- “I was just laid off today. How do I choose a severance option?”
- “Should I pay my debt off now or wait?”
- “How much do I need to save for the birth of our child?”
- “I’m about to be gifted a 25% stake in a business and I don’t want it. What should I do?”
- “When transitioning to cash, how do we pay last month’s bills and this month’s bills?”
- “I won $200,000 in the lottery. What should I do with this money?”
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