The Ramsey Show Make The Right Decision Today—Your Future Will Thank You
Dec 26, 2025
Wondering if you should co-sign a church loan? Think again! Ken and George warn against personal risk in complex financial decisions. They also tackle the dilemma of a teen working too much, advocating for balance and the importance of childhood joy. Listen as they inspire a couple who crushed $81K in debt in just 14 months, proving that budgeting works. Plus, explore the ins and outs of retirement planning and emotional peace when deciding between paying off your home or investing. Tune in for practical tips and real stories!
AI Snips
Chapters
Transcript
Episode notes
Retiree Scammed Out Of Retirement
- Kathy lost $487,000 to an online investment scam and borrowed $50,000 from her brother, who now expects repayment.
- Ken and George advised she cannot afford repayments, should seek work, keep her paid-off home, and grieve the loss while rebuilding income.
Don't Co-Sign Church Loans
- Avoid personally guarantying large church loans; it transfers unacceptable personal risk to members.
- Ken and George said say no if the lender doubts the church's ability to service the loan.
Handle Big Pay Raises Conservatively
- When income jumps dramatically, save aggressively, invest 15% for retirement, and stash the rest for a house down payment.
- George recommended funding retirement (Roth or employer) then building cash for a future home and using Ramsey-trusted agents.