The Ramsey Show Highlights My Kid Makes $180,000 and Still Wants Us to Help Out Financially
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Aug 7, 2025 A couple debates whether to financially support their adult child, who earns a hefty $180,000 but struggles with student loans. The discussion reveals the fine line between enabling dependence and fostering financial independence. Insights on teaching responsible financial habits emerge, emphasizing the importance of sustainable money management. The complexities of parental support are examined, highlighting how to guide adult children towards personal responsibility rather than direct financial aid. Can love and tough love coexist in financial decisions?
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Focus On Kid's Long-Term Best Interest
- The core question should be what is best for the kid over the next 20 years, not just generosity or strict independence.
- Throwing money or refusing help without considering future impact misses the goal of sustainable support.
High Income, Poor Financial Habits
- A couple makes $180,000 annually yet drives beat-up cars and neglects student loan payments, waiting for debt forgiveness.
- This story illustrates disciplined spending failures despite a high income, leading to poor financial habits.
Avoid Enabling Financial Misbehavior
- Do not give money to financially irresponsible adults, especially if they neglect debts despite sufficient income.
- Teach them budgeting, debt repayment, and responsible habits instead of enabling poor decisions.