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The Ramsey Show

It’s Time to Stop Surviving and Start Taking Control

10 Apr 2025

Transcription

How can I pay off $65k in credit card debt?

738.013 - 758.622 Ken Coleman

And I give her about a 24 to 48 hour notice so that she's not going to go in the account to do any kind of maintenance or whatever. And it's pretty simple. And so then she does the old, oh, you shouldn't do that, that kind of deal. Of course, she loves it. And so when it's a large expenditure, that's how I handle it. If it's smaller, same kind of deal.

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758.682 - 766.885 Ken Coleman

I might just say, hey, I'm pulling it from here or whatever. But you can do that, and it's just communication. What would you add to that?

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766.925 - 772.468 Rachel Cruze

Yeah, no, that's good. I think we do that now more so is just the like, hey, just don't look for a few days.

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772.608 - 772.788 Ken Coleman

Yeah.

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773.348 - 789.362 Rachel Cruze

And if you know a big anniversary is coming or a birthday, it's assumed that, yes, a gift is going to be bought. So back in the day, we would get Visa gift cards from like Target or something. So you're like, yeah, I'm buying, you know, we're spending, you know, whatever, $100, $200, whatever the price is.

790.043 - 809.635 Rachel Cruze

And you don't know where it's being spent, but you know, yes, a certain amount of money is being spent. And then, which I know not everyone has this, Joshua, but twice, two big purchases happened. I did concert tickets one time, and then he bought me a ring. But I had my mom buy the concert tickets, and I was like, I'll just pay you back so he doesn't see.

810.035 - 811.896 Ken Coleman

Ah, now she has never done it. That's a great point.

811.916 - 819.858 Rachel Cruze

And then, yes, the ring, which the friend was very generous of buying. How about that? And then Winston just Venmo'd him after.

819.878 - 820.319 Ken Coleman

That's brilliant.

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