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cover of episode Your Financial Spiral Will End When A Proven Financial Plan Begins

Your Financial Spiral Will End When A Proven Financial Plan Begins

2025/6/3
logo of podcast The Ramsey Show

The Ramsey Show
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A couple discusses their differing spending habits on credit cards, with one spending significantly more than the other. They lack a joint budget and struggle to agree on spending limits. The advice given focuses on creating a comprehensive budget that includes all spending, not just essential bills.
  • Significant spending disparity between spouses on credit cards.
  • Lack of a joint budget.
  • Recommendation to create a detailed budget encompassing all spending and savings goals.

Shownotes Transcript

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Ken Coleman and Jade Warshaw answer your questions and discuss:

  • "Should there be a cap on credit card spending or is it not necessary as long as 15% is saved?"

  • "I sold my home and cashed out my retirement. I still have $63,000 in credit card debt and no way to pay it off"

  • "How do we get ahead while living paycheck-to-paycheck?"

  • "My girlfriend hasn't paid me back the money I loaned her,"

  • "My husband entered into a debt consolidation program without me. Is there a way for us to get out of this?"

  • "I leased a car and now owe $50,000 in mileage fees. I'm trying to settle with them but they won't send anything in writing"

  • "My girlfriend is pressuring me to buy a house, should I listen to her?"

  • "Is it okay to encourage my wife's family to sell their property?"

  • "My fiancée and I make less than $1,500 month, how do we get by with so little income?"

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