The Ramsey Show Highlights "I Think You Know The Answer To That"
5 snips
Nov 16, 2025 In this insightful conversation, Penelope, a concerned caller, seeks financial advice about whether she and her husband should cover her father-in-law's property taxes. She shares her struggles with communication around money, especially as they face marital strife. The discussion dives into the risks of paying taxes on property they may not fully inherit and exposes deeper issues in their relationship related to financial responsibility. Dave stresses the importance of open dialogue and accountability in both family and financial matters.
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Don't Pay Bills Without Ownership Or Clarity
- Do not accept responsibility for someone else's taxes without clear ownership or legal obligation.
- Ask direct questions and demand transparent financial information before paying anyone's bills.
Family Script Passed The Buck
- Penelope explains the pattern: an uncle used to pay the taxes and after he died the father started asking her husband.
- The situation began after Penelope and her husband married and her husband resisted discussing it.
Put Your Household Financials First
- Review your household budget and debt before committing extra payments to extended family.
- Prioritize paying off your own liabilities rather than accepting recurring financial obligations for others.