Navigating Financial Struggles as a Single Mother

This chapter details a single mother's battle with debt and the effects of inconsistent child support on her finances. It explores her efforts to improve her situation through part-time work while emphasizing the importance of long-term planning and maintaining hope for a stable future.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

🔗⁠ ⁠⁠⁠⁠Share the Ramsey 101 Playlist!⁠⁠

Dave Ramsey and Jade Warshaw answer your questions and discuss:

"We make $300k a year but we are living paycheck to paycheck."
"My husband's family expects us to pay the expenses for their lake house. How do we deal with this?"
"I have to work all the time as a single mom. How do I avoid burnout while in this grind?"
"75% of my take-home pay is going to mortgage payments. I feel like I'm underwater, how do I get out of this?"
"Can I do a 30-year mortgage and pay it like a 15-year mortgage?"
"How can we recover from a crypto scam that took $243K of our money?"
"Should I have a wedding celebration or just elope to save money?"
"How do I get over the regret of losing my retirement savings to a scam?"
"Should I give up gambling?"
"My dad isn't interested in talking about the succession plan for our family business, how do I start the conversation with him?"

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.⁠

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

✔️ ⁠Help us make the show better. Please take this short survey⁠

🛡️ ⁠Get trusted insurance coverage that fits your budget.⁠

💗 Two Weekends. One Life-Changing Experience. Get away with your spouse in Nashville.

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

Connect with our Sponsors: