The Ramsey Show You Don’t Build Wealth by Ignoring Basic Financial Principles
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Dec 30, 2025 Dive into essential money strategies as experts tackle real-life financial dilemmas. From dealing with hefty car leases to the urgency of filing taxes, they emphasize accountability and organization. Learn the pros and cons of identity theft recovery and the importance of life insurance. Discover tips for first-time homebuyers and the debate over saving for college versus teaching resilience. With practical advice and relatable stories, they highlight the path to financial health and smart decision-making.
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Retirees Choose Cash Over HELOC
- Dan and his wife are retiring with about $2M and plan a $100–120K addition paid from savings.
- Their advisor suggested a HELOC for tax and rate reasons, but Dan preferred cash for peace of mind.
Values Trump Marginal Financial Gains
- Personal values (like retiring debt-free) matter more than marginal financial optimizations.
- Advisors who ignore client values can push technically 'optimal' but emotionally costly choices.
Cash Out Additions If You Can
- If you have the cash, pay cash for a home addition rather than borrowing against equity.
- Rachel Cruze and Ken Coleman both advise prioritizing peace of mind over marginal tax or interest savings from a HELOC.
