The Ramsey Show Highlights My Boyfriend Wants Me to Drain My 401(k) for Crypto
Jul 14, 2025
A caller expresses her concern over her boyfriend's push to cash out her 401(k) for crypto investments. The discussion emphasizes the importance of intuition and caution in financial matters, especially when trust is under question. The speakers delve into navigating toxic relationships and recognizing manipulative financial advice. They also address red flags in online dating and the risks of romance scams, sharing insights on self-care and maintaining healthy boundaries. Tune in for tips and anecdotes to protect your financial well-being!
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Warning Signs of Crypto Scams
- A person wanting you to cash out your 401k for crypto with a "90% money back" plan is highly suspicious.
- Such claims are common in scams and should be met with strong skepticism.
Protect Finances from Toxic Relationships
- Avoid dating people who pressure you into risky financial decisions.
- Protect your financial stability by refusing to cash out retirement funds for unproven investments.
Enthusiastic Ignorance Equals Danger
- Enthusiastic ignorance can be as dangerous as intentional scams.
- Whether a person's intentions are foolish or malicious, the risk to you is significant.