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The Ramsey Show

Don’t Wait for Someone Else To Fix Your Life

17 Feb 2025

Description

📈 Are you on track with the Baby Steps? Get a Free Personalized Plan Dave Ramsey & Ken Coleman answer your questions and discuss: "My mother lost millions in a romance scam," "In-laws are upset that I haven't paid them back," "How will President Trump's tariffs affect me personally?" "Should I help pay my girlfriend's expenses?" "How can I help my 71-year-old mother who has no retirement income make it for another 15 years?" Support Our Sponsors: 🌱 Get 10% off your first month of BetterHelp ◎ Get 10% off Byrna product bundles and more! 🏥 Learn more about Christian Healthcare Ministries 🏡 Get started today with Churchill Mortgage 🔒 Get 20% off when you join DeleteMe 🏦 Go to FAIRWINDS Credit Union for an exclusive account bundle! 🥗 Save 15% on your first Field of Greens order with code RAMSEY ⛨ Find top Health Insurance Plans at Health Trust Financial 💸 To find out more about student loan refinancing, check out Laurel Road 💻 Visit NetSuite today to learn more 🗂️ Use promo code RAMSEY for 18% off at The Nokbox 💵 Learn more about Timothy Plan 🏛 Get started with YRefy or call 844-2-RAMSEY 🔐 Visit Zander Insurance for your free instant quote today! Next Steps 📱 Watch the full episode for free in the Ramsey Network app. 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 💵 Start your free budget today. Download the EveryDollar app! ❤️ Get away with your spouse in Nashville! 🛒 Preorder Build a Business You Love Now at Ramsey Solutions 💪 Invest with confidence! Get tickets to Investing Essentials 🪑 Check out Front Row Seat with Ken Coleman! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Audio
Transcription

Full Episode

14.384 - 39.502 Dave Ramsey

Live from the headquarters of Ramsey Solutions, it's The Ramsey Show, where we help people build wealth, do work. that they love, and create actual amazing relationships. I'm Dave Ramsey, your host. Ken Coleman, Ramsey Personality, is my co-host today, number one best-selling author, and we are here to help you. The phone number is easy. It's 888-825-5225.

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39.803 - 50.252 Dave Ramsey

The call is free, and some say the advice is worth exactly what you pay for it. Allison starts us off today in Washington, D.C. Hey, Allison, how are you?

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51.454 - 78.244 Allison

Hi, thanks for taking my call. I appreciate all the education that you guys provide. Um, my question today is about how to help my mother recover from a romance scam. Um, she recently found out that there's about $1.2 million missing from hers and my grandmother's, um, estate. Um, and it's gone. Uh,

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78.911 - 88.635 Allison

And I know I'm not responsible for my mother's spending, but there's just very few resources out there to help someone as they recover from this kind of scam.

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90.236 - 93.918 Dave Ramsey

Wow. So he has disappeared.

96.667 - 118.522 Allison

Yeah, I don't even think she met him in person. So this got flagged from her bank after she transferred $300,000, and they flagged that. But that was only the biggest transfer. There were a lot of other smaller transactions totaling that I'm aware of, about $1.2 million. How old is your mom?

118.562 - 142.619 Dave Ramsey

She is 71. Oh. What a horrible thing. I'm so sorry. Simultaneously makes me angry and sad. Wow. Okay, so I guess there's a couple of areas. Is your mom just lonely or is she diminished mentally?

143.72 - 170.979 Allison

That's a great question. Definitely the first one. We thought that she might be diminishing mentally. I still hold that opinion. There are other family members that think she's just the way she's always been. Is there anything left? She told me there's about $5,000 of my grandmother's money left. My grandmother does have income, and that's going to cover her nursing home expenses.

171.159 - 181.944 Allison

She's actually in hospice now, and I do feel like my grandmother's going to be okay. We've been working with the nursing home to make sure that they're going to continue her care, and it's not going to be too much longer.

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