Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

The Ramsey Show

You Need To Do a 180 From the Life You’ve Been Living

08 Nov 2024

Transcription

Chapter 1: What should I do if I took a pay cut for family?

100.437 - 106.165 George Kamel

Well, what was the reason for you to uproot them and take this pay cut? It was clearly a big enough reason that you guys decided to do this.

0

108.207 - 113.855 Caller

Just to keep the family together, be a little bit closer to my partner's family. They're super close.

0

117.018 - 126.146 George Kamel

Okay, and now you're realizing we can't sustain this financially. With our lifestyle, our bills, and our much lower income, this is stressful for us, even though we're closer to family.

0

127.587 - 128.087 Caller

Exactly.

0

130.269 - 140.958 Rachel Cruze

When you moved away, how far away are you from where you guys moved? Because when you said, to go back to my job, does that mean move again to go back to the old job, or you could do something different with where you guys live now?

142.899 - 149.842 Caller

It's 3,000 miles away. And I was told if I go back, I'm going back by myself.

150.502 - 152.183 George Kamel

Whoa, like an ultimatum?

153.425 - 161.591 Rachel Cruze

Yeah. Does she understand what's going on financially at all? How is she feeling? Is she stressed about it?

163.693 - 175.047 Caller

She knows that it's not well, but she's kind of blind to it. And she just took a different job to work less hours, too. Which isn't helping anything.

Chapter 2: How can I combine finances with my boyfriend?

1300.188 - 1307.391 Caller

Which is a little different. I was like, man, what if something happens? We're only paying off his debt. And then I look, you know, I'm coming out behind.

0

1307.571 - 1327.058 George Kamel

That's right. There's a thousand things that could go wrong with this situation. And that's why we recommend just waiting. You'll have legal protection. You'll have the marital unity of going, all right, it is we now. It's our one account, our one pile of debt. And that is the best way. When you get to that point, you will find that it does accelerate. But now is not the time to do that.

0

1327.438 - 1334.141 George Kamel

So if and when you guys get married, combine, and we hope both of you are on your journeys and keep each other accountable. Is he on board with this plan?

0

1335.081 - 1340.203 Caller

Yeah, yeah. We've been kind of flirting with the idea separately, obviously, for about three years.

0

1340.483 - 1342.684 George Kamel

I think you make it a competition. You know what I mean? Absolutely.

1343.448 - 1346.931 Caller

No, that's great. That's actually a great idea because everything's a competition.

1347.051 - 1352.376 George Kamel

How about this? You pay yours off first. He's got to pop the question if he's serious about this.

1352.756 - 1355.579 Rachel Cruze

My gosh, it determines on the... He pays his off first.

1355.619 - 1356.8 George Kamel

He has to pop the question.

Chapter 5: How to manage debt in a relationship?

1295.673 - 1296.374 Rachel Cruze

We were, yeah, totally.

0

1300.188 - 1307.391 Caller

Which is a little different. I was like, man, what if something happens? We're only paying off his debt. And then I look, you know, I'm coming out behind.

0

1307.571 - 1327.058 George Kamel

That's right. There's a thousand things that could go wrong with this situation. And that's why we recommend just waiting. You'll have legal protection. You'll have the marital unity of going, all right, it is we now. It's our one account, our one pile of debt. And that is the best way. When you get to that point, you will find that it does accelerate. But now is not the time to do that.

0

1327.438 - 1334.141 George Kamel

So if and when you guys get married, combine, and we hope both of you are on your journeys and keep each other accountable. Is he on board with this plan?

0

1335.081 - 1340.203 Caller

Yeah, yeah. We've been kind of flirting with the idea separately, obviously, for about three years.

1340.483 - 1342.684 George Kamel

I think you make it a competition. You know what I mean? Absolutely.

1343.448 - 1346.931 Caller

No, that's great. That's actually a great idea because everything's a competition.

1347.051 - 1352.376 George Kamel

How about this? You pay yours off first. He's got to pop the question if he's serious about this.

1352.756 - 1355.579 Rachel Cruze

My gosh, it determines on the... He pays his off first.

Comments

There are no comments yet.

Please log in to write the first comment.