Navigating Financial Boundaries with Family

This chapter explores the emotional and financial complexities that arise within family dynamics, particularly concerning monetary requests from in-laws. The speakers emphasize the importance of setting firm financial boundaries to maintain relationships while avoiding feelings of guilt and pressure.

Play episode from 01:19:04

chevron_right

Transcript

chevron_right

Transcript

Episode notes

📈 ⁠⁠⁠⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠⁠⁠⁠ 📱 Watch the full episode for free in the Ramsey Network app. Ken Coleman and Rachel Cruze answer your questions and discuss:

"Can I 'divorce' my entitled children?"
"How do I recover from having my credit history wiped?"
"My agent keeps insisting I should keep my four whole life insurance polices."
"I struggle with giving money, does that make me a bad person?"
"My husband wants to sell our house and rent in order to pay off debt, but I don't want to do that."
"I'm worried I'm not going to be able to provide for my soon-to-be wife and child"
"How do I help my in-laws while we are working the Baby Steps? They currently don't have any retirement savings."

Next Steps:

✅ ⁠⁠⁠⁠Help us make the show better by taking this short survey!⁠⁠⁠⁠

📞 Have a question for the show? Call 888-825-5225 weekdays from 2–5 p.m. ET or ⁠⁠⁠⁠send us an email.⁠⁠⁠⁠

💰⁠⁠⁠⁠⁠⁠Hurry—Your chance to win $5k is almost over! Enter the Ramsey Cash Giveaway today!⁠⁠⁠⁠⁠ 🏠 ⁠⁠⁠⁠Get organized and prepared to buy or sell a home. ⁠⁠⁠⁠

💵⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Start your free budget today. Download the EveryDollar app!⁠⁠⁠⁠⁠⁠⁠

Connect with our Sponsors: