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The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

17 Dec 2024

Transcription

Full Episode

3.692 - 28.616 Dave Ramsey

Live from the headquarters of Ramsey Solutions, it's the Ramsey Show. We help people build wealth, do work that they love, and create actual amazing relationships. Dr. John Deloney, Ph.D. in counseling, Ramsey personality, number one best-selling author. He's my co-host today. Open phones at 888-825-5225. Stacey's in Cape Town, South Africa. Hi, Stacey. What's up?

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34.031 - 35.452 Stacey

Hi, how are you guys?

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35.692 - 40.935 Dave Ramsey

Better than we deserve. Wonderful food scene there. Y'all got some nice restaurants, kiddo.

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44.297 - 47.919 Stacey

All right. Are you guys hanging in tight for my story?

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48.299 - 49.86 Dave Ramsey

We're ready. Bring it.

50.56 - 77.995 Stacey

Okay. So my question is, how do my husband and I navigate the very strained relationship we now have with his family after multiple instances of disloyalty and dishonesty? So... My father-in-law needs to repay a loan of $100,000 to us and hasn't done it yet. It's been two years now. And four months ago, the in-laws and my husband wanted to start a new business. They actually own a family business.

78.616 - 101.83 Stacey

And that was around the time when we moved into our new home. They sold the house and a couple of days later asked my husband to put our house up as their loan guarantee for their new business, as it was worth around $2 million. And, oh, my husband wouldn't be the business owner, but just an employee. So since then, the relationship... I assume your husband said no.

103.531 - 123.458 Stacey

My husband, when he was so angry, he said, not only no, but now pay us back $100,000 straight away. And now he just keeps distancing himself from them, which I totally understand, but how do we navigate this situation? How do we get the $100,000 back? I... I have no idea.

123.638 - 135.166 Dave Ramsey

Wow. Is there any documentation or legal contracts on the $100,000, or was this a handshake?

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