cover of episode Stop Whining and Change Your Life!

Stop Whining and Change Your Life!

2024/9/24
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The Ramsey Show

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A mother inquires about the suitability of tax lien investing for her 24-year-old son. Dave Ramsey and George Kamel discuss the complexities and risks associated with this type of investment, ultimately advising against it for someone starting out.
  • Tax lien investing is complex and risky, especially for beginners.
  • It involves purchasing liens on properties with delinquent taxes.
  • Success requires significant capital, expertise, and patience.
  • There are often better, more straightforward investment strategies for young people.

Shownotes Transcript

📱Watch the full episode for free in the Ramsey Network app.)

Dave Ramsey & George Kamel answer your questions and discuss:

  • "Should I warn my son about tax lien investing?"

  • "Am I financially ready to get engaged?"

  • "How can we stop a foreclosure?"

  • What the Fed lowering interest rates means for your money,"

  • "I'm beyond paycheck-to-paycheck..."

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