Navigating Financial Struggles During Divorce

This chapter explores the financial challenges faced by a nursing student grappling with a complicated divorce. It highlights the necessity of strategic financial management and legal support as the individual contemplates their future stability amidst current hardships.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

📈⁠⁠⁠⁠ ⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠⁠⁠⁠⁠

Dave Ramsey and Ken Coleman answer your questions and discuss:

"What's the best way to teach our adopted daughter financial responsibility?"
"How do I navigate my finances after a divorce?"
"Can I invest in a side hustle while in Baby Step 2?"
"Should I pay off my $400,000 business loan?"
"My parents don't support my dream of becoming a fire fighter..."
"My husband hid $75,000 of debt from me and won't talk about it. Can our marriage survive this?"
"We won $1M on a scratch off and wonder what our first steps should be."
"I'm 26 and drowning in $250,000 of debt, how do I get out of this?"
"Is it time to call it quits on my business?"
"I'm my mother's power of attorney, what should I do with her investments?"
"I'm 64 with $80,000 in retirement and I was just laid off, what do I do next?"
"Should I refinance my house to build a rental on my property?"
"Do I keep fighting for my dad’s business or walk away?"
"The home we purchased is costing more than we anticipated. How do we financially attack this while paying off debt?"