The Ramsey Show It’s Not Too Late to Get Control of Your Money
12 snips
Sep 30, 2025 This podcast features various caller guests seeking advice on personal finance issues. Topics include handling family dynamics in a business, confronting financial exploitation by siblings, and whether to pause retirement savings to save for a house. Listeners explore starting retirement in their 50s and delve into the tough question of affordability for a stay-at-home parent. Dave and Ken also share insights on managing debt and making smart investment choices with windfalls, providing practical solutions for financial challenges.
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Fix The Business Or Leave
- Sit down with your parents and fix the business: cut expenses and increase revenues until payroll is reliable.
- If the business can't sustain consistent pay, find another job to protect your finances and integrity.
Don’t Confront The Parasite — Change Enablers
- Stop enabling the adult child and focus on influencing the parents who enable him instead.
- Recruit a trusted third party or let natural consequences force change when boundaries fail.
Net Worth Is Math Not Intent
- Net worth equals assets minus liabilities regardless of intent to sell the asset.
- Liquidity matters more for practical planning than nominal net worth when preparing for retirement.