The Ramsey Show

You Can’t Build a Future on Borrowed Money

10 snips
Jul 15, 2025
Discover the intricacies of managing finances in relationships, from sharing debts to the benefits of marriage for financial stability. Learn how to tackle persistent car loan issues and subprime lending dilemmas. Explore the impact of financial decisions on personal lives, including the importance of prenuptial agreements in marriages involving inherited wealth. Gain insights into the housing market, real estate valuation, and the transformative power of discipline in overcoming debt. Uncover the journey of families facing financial struggles and their strategies for resilience.
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ADVICE

Avoid Living Together Without Marriage

  • Don't move in together without marriage because it's financially and legally risky.
  • Marriage provides better financial unity and relationship stability according to data.
ADVICE

Fight Car Loan Discrepancies

  • Fight to get an itemized, accurate payoff on your car loan before paying off.
  • Avoid surrendering the car because it wrecks credit and control over debt payoff.
ADVICE

Protect Your Business With Payment Terms

  • Avoid putting all your business money on one large job without deposits or draws.
  • Change terms to get paid progressively and avoid banking customers to prevent bankruptcy.
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