The Ramsey Show

Stop Buying Things You Can't Afford - You'll Drown

Jul 18, 2025
Financial empowerment takes center stage as hosts tackle pressing listener concerns. Strategies for single parenthood, affordable housing decisions, and the pitfalls of excessive debt are explored. One caller's journey through a complex life insurance policy raises eyebrows, while another’s struggle with homeownership highlights the importance of living within one's means. The duo also navigates career choices, emphasizing the need for clear financial goals and accountability. Inspiring stories of overcoming debt remind listeners of the transformative power of smart financial decisions.
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ADVICE

Prepare Financially for Single Motherhood

-You can prepare financially for single motherhood by working during your maternity leave and leveraging flexible work to care for your baby. -Add income streams where possible and build savings to cover baby expenses without relying on child support.

ADVICE

Eliminate Debt Before Moving Again

-Pay off high-interest debts aggressively using savings to reduce monthly burdens. -Avoid moving repeatedly; instead, focus on a strict budget to eliminate debt and gain financial freedom.

ADVICE

Clarify Career Path Before College

-Identify your natural work preferences by analyzing idea, process, people, and object work. -Answer key questions about who you want to help and how before deciding on further education or career paths.

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