The Ramsey Show Get Your Finances In Order Now So You Can Enjoy Your Life Later
Jan 8, 2026
Dave Ramsey and Rachel Cruze tackle pressing financial queries. They discuss strategies to eliminate $49,000 in business credit card debt and navigate the complexities of Parent PLUS loans. Listeners learn about the importance of rebalancing investments and the benefits of a four-fund portfolio. They explore whether to downsize homes versus renting, and the impact of voluntary service on tithing. The duo also offers practical advice for college funding and how disciplined saving can lead to millionaire status by 30.
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Attack Business Debt Immediately
- Sell the truck and run the debt snowball to pay off $43k in business-related credit card and truck debt quickly.
- Negotiate only as a last resort because on-time payments and available cash are the real leverage.
Refuse To Be Your Parent's Banker
- Stop paying your mother's Parent PLUS loan if she has resources and refuses to be responsible for money she spent.
- Set a firm boundary: maintain relationship but refuse ongoing financial enablement that violates your household rules.
Use Divorce Process To Allocate Joint Debt
- After filing for divorce, let your attorney force the ex to pay his share and don't personally cover his debts now.
- Prioritize living expenses and increase income while resolving debt via the divorce process.
