Dave Ramsey
👤 SpeakerAppearances Over Time
Podcast Appearances
Don't ever loan your children money.
Oh my God.
Cause it puts a wedge between the relationship.
The borrower is slave to the lender.
Now you have to eat dinner.
Hey, eat Thanksgiving dinner with your master.
Yeah.
Okay.
That's going to be painful for your wife.
Not going to bother you much because it's your parents, but it's going to be painful for your wife.
Understood.
So how much money do you owe your parents that you have to pay the mortgage on?
And how much of a gift did they give you?
So you're 24 years old, you make $130,000, and you've got a $450,000 house.
Yes.
Dang, Gina.
Okay.
All right.
Well, for sure, the answer to your question is no, you don't need to go on vacation.
Yes, you need to take the $130,000, but I'm even going to go a step further.