The Ramsey Show Make The Most of Your Financial Choices—They Matter
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Dec 22, 2025 This discussion dives into real-life financial dilemmas—from a staggering $110k debt at 18 to hidden finances in relationships. Listeners learn about the pitfalls of leasing and the importance of treating debts responsibly. Strategies like the debt snowball are explored, emphasizing psychological benefits. The hosts tackle sensitive topics such as financial transparency in marriages, surviving crypto scams, and budgeting for weddings. Emphasizing urgency, they guide callers on rebuilding lost retirement investments and prioritizing financial health.
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Confirm Lease Buyout Before Paying
- Investigate lease buyout terms and look for an early-pay discount before making big payments.
- Save into a dedicated account and pay one lump-sum if a buyout discount exists.
Handle Costly Leases Like A Second Mortgage
- Treat an HVAC lease that's a lien on your house like a second mortgage and address it in Baby Step 6.
- Pay it off when you tackle mortgage-level liabilities, especially if it exceeds half your annual income.
Leases Hide The True Cost Of Capital
- Leases often hide the effective interest rate and can be far more expensive than loans.
- Without APR disclosure on many leases, the true cost of capital can be 14–17% or higher.