The Ramsey Show

Get Out of the Cycle of Debt and Choose Peace Instead

Dec 5, 2024
Delve into the murky waters of debt management and uncover strategies for tackling student loans and credit card debt. Discover the emotional and financial complexities of divorce and inheritance within family dynamics. The discussion touches on the importance of clear communication and boundaries in financial relationships, especially when love and money intertwine. Learn how personal choices impact well-being and resilience, all while navigating the pitfalls of supporting loved ones without sacrificing your own financial health.
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ADVICE

Settling Credit Card Debt

  • Negotiate lump-sum settlements for credit card debts.
  • Never give electronic access, send prepaid debit cards.
ADVICE

Defaulted Loan Solution

  • Use Y-Refi to refinance defaulted private student loans.
  • Stop paying debt settlement companies, they harm your credit.
ADVICE

Divorce and Home Buying

  • Do not buy a house during a divorce.
  • Rent until the divorce is finalized to avoid property disputes.
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