The Ramsey Show

Protect Your Wallet From Other People’s Chaos

13 snips
Aug 12, 2025
In this engaging discussion, a 19-year-old caller from Oregon opens up about the distressing financial abuse she faces from her parents, who are using her younger siblings' money for their benefit. She seeks practical advice on how to safeguard her siblings' finances and establish boundaries. The hosts provide valuable insights on navigating these challenging family dynamics while emphasizing the importance of open communication and setting financial limits. Their advice encourages listeners to prioritize emotional well-being alongside financial stability.
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ANECDOTE

Breaking Ties With A Family Advisor

  • Pamela left her brother after 40 years of autopilot investing to get tax and retirement planning help.
  • The family reaction was explosive and cut almost all communication.
ADVICE

Use A Short, Compassionate Boundary Message

  • Write a brief, sincere note that explains your boundary without arguing.
  • Keep it short, apologetic, and open-ended to protect your finances and peace.
ANECDOTE

Parents Who Take Teens' Earnings

  • At 19, John discovered his parents had taken about $3,000 of his earnings and later did the same to his siblings.
  • Dave labeled it financial abuse and urged that grownups should not take kids' money.
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