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The Ramsey Show

Wealth Magnifies Who You Already Are

17 Apr 2025

Description

πŸ“ˆ Are you on track with the Baby Steps? Get a Free Personalized Plan πŸ“± Watch the full episode for free in the Ramsey Network app. Dave Ramsey and John Delony answer your questions and discuss: "How do I teach an 18-year-old to budget when they are surrounded by wealth?" "I was the beneficiary of a life insurance payout. My family is now telling me I have to share" "How do I pay off an engagement ring that I bought with a credit card?" "My wife consistently overdrafts her bank account. How do I deal with this?" "Should I prioritize building my emergency fund over retirement savings and paying off my home?". Next Steps: βœ… Help us make the show better by taking this short survey! πŸ“ž Have a question for the show? Call 888-825-5225 weekdays from 2–5 p.m. ET or send us an email.Β  πŸ’΅ Start your free budget today. Download the EveryDollar app! πŸ’Ό EntreLeadership Summit: The Best Leadership Conference of 2025 🎟️ Dave Ramsey and John Delony are going on tour this month! Get tickets today πŸ›’ Get your copy of Build a Business You Love today 🏘️ Find a Ramsey Trusted Real Estate Agent Connect with our Sponsors: πŸ›’ Stop paying more and start shopping smarter at Aldi 🌱 Get 10% off your first month of BetterHelp πŸ“±Go to Boost Mobile to switch today! πŸ₯ Learn more about Christian Healthcare Ministries 🏑 Get started today with Churchill Mortgage πŸ”’ Get 20% off when you join DeleteMe 🏦 Go to FAIRWINDS Credit Union for an exclusive account bundle! πŸ₯— Save 15% on your first Field of Greens order with code RAMSEY ⛨ Find top Health Insurance Plans at Health Trust Financial πŸ’Έ To find out more about student loan refinancing, check out Laurel Road πŸ’» Visit NetSuite today to learn more πŸ—‚οΈ Use promo code RAMSEY for 18% off at The Nokbox πŸŽ₯ Get your tickets for The Chosen Season 5! πŸ’΅ Learn more about Timothy Plan πŸ› Get started with YRefy or call 844-2-RAMSEY πŸ” Visit Zander Insurance for your free instant quote today! Explore more from Ramsey Network: πŸ’Έ The Ramsey Show Highlights 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour πŸ’‘ The Rachel Cruze Show πŸ’° George Kamel πŸͺ‘ Front Row Seat with Ken Coleman πŸ“ˆ EntreLeadership Learn more about your ad choices. Visit megaphone.fm/adchoices

Audio
Transcription

Full Episode

0.229 - 29.351 Dave Ramsey

Hey guys, Dave Ramsey here. Me and Dr. John Deloney are coming to a city near you on the Money and Relationships Tour. It's happening soon, so don't wait. Get your tickets at ramseysolutions.com slash tour. Brought to you by the EveryDollar app. Start budgeting for free today. Live from the headquarters of Ramsey Solutions, it's the Ramsey Show. We help people.

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30.134 - 53.703 Dave Ramsey

Build wealth, do work that they love, and create actual amazing relationships. Dr. John Deloney, Ramsey personality, host of the Dr. John Deloney Show and number one best-selling author. He's my co-host today. Open phones here at 888-825-5225. Heather's in Fairfax, Virginia. Hi, Heather. How are you? Hi.

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54.603 - 55.723 Heather

Good, thank you. How are you?

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55.963 - 57.604 Dave Ramsey

Better than I deserve. What's up?

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58.843 - 74.811 Heather

Well, I'm just wondering if there is any way or hope to get an 18-year-old to budget when they are surrounded by wealth and not limited by regular constraints. They have no debt. They're not paying for college. They're not paying for cars.

76.371 - 77.392 Dave Ramsey

Who's 18-year-old?

78.892 - 79.833 Heather

My 18-year-old.

79.853 - 88.397 Dr. John Deloney

So you put some givens in there of which you control all of them.

89.956 - 115.023 Heather

I don't. Her family, the in-laws will give her money whenever she asks. She knows this. We homeschooled her, and she was taught very good values about money and morals, but then in high school, we allowed her to go into a high school. a brick and mortar where people will drive a different car to school every day just to show off their wealth.

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