The Ramsey Show Financial Wisdom Replaces Fear With Peace
Jun 12, 2025
Dive into a whirlwind of financial dilemmas! Discover how to manage a hefty $200,000 loan to an ex, navigate family dynamics over gifted homes, and tackle the complexities of divorce and financial equity. The hosts offer insights on investment strategies, the emotional toll of money, and effective cash flow management for small businesses. Learn how to debunk common investment myths, explore the advantages of credit unions, and uncover tips to overcome personal financial struggles. It's a must-listen for anyone looking to reclaim financial peace!
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Losing $200K to Crypto Ex
- Lisa lost $200,000 lending to her ex who invested in crypto and lost it all.
- At 55 with $95,000 left, Dave advises budgeting, staying debt-free, and investing wisely to rebuild wealth.
Invest Smart After Loss
- Fund a Roth IRA and invest 15% of your income in growth stock mutual funds.
- Keep 3-6 months of expenses in high yield savings; cash out single stocks for diversification.
Gifted House Dilemma
- Scott moved away from Minneapolis due to social unrest and doesnāt want to return.
- His mom offered gifting a house with strings attached, but Dave warns against locking into unwanted situations.
