The Ramsey Show Highlights I Don't Know How To Financially Cut Off My Kids
Aug 12, 2025
In a captivating discussion, parents grapple with the challenge of fostering financial independence in their adult children. The conversation emphasizes creating structured plans to encourage self-sufficiency, tackling the emotional hurdles that arise during this transition. Listeners get insights into the significance of setting boundaries and promoting financial literacy, ensuring a dignified move towards adulthood. It's an engaging exploration of parenting, finance, and the delicate balance of supporting children while encouraging their growth.
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Built Kids' Credit Early
- The caller built 780 credit scores for both children by adding them to credit accounts at 18.
- She then gave them the cards and they "ran with it," creating dependence on credit.
Children Added To Mortgage
- The caller added her two adult children to a mortgage application to increase borrowing power.
- Dave Ramsey reacted with surprise and questioned why she included them on the loan.
Set A Firm Move-Out Deadline
- Do set a concrete deadline for independence and communicate it clearly to your kids.
- Do stop putting children on loans and require them to be standalone, sustainable adults.
