The Ramsey Show

Hope Always Lives on the Other Side of Hurt

Sep 22, 2025
This episode dives into the emotional and financial fallout of investment scams and how to rebuild after significant losses. Listeners ponder tough decisions about retirement savings, tackling debt, and the difficult choice to sell homes. Personal anecdotes spark discussions on the balance between career burnout and sustainable work habits. Heartfelt moments arise when callers consider expenditures for beloved pets, merging compassion with financial strategy. Ultimately, the hosts emphasize actionable steps towards a healthier financial future and finding peace.
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ANECDOTE

Scammed Retirement Wipeout

  • Kathy lost $487,000 to an online investment scam after cashing out retirement and borrowing from her brother.
  • She now lives on $2,000/month Social Security and must seek work and community help to survive.
ADVICE

Get To Work And Tell Your Story

  • After a financial tragedy, Ken and George advise getting back to work and telling your story to find immediate help.
  • Prioritize income, accept uncomfortable short-term jobs, and lean on your network for opportunities.
ADVICE

Avoid Reverse Mortgages

  • Avoid reverse mortgages; they prey on desperate homeowners and erode home equity.
  • Keep the house when possible and consider selling later if absolutely necessary to preserve value.
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