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cover of episode The Solution to Your Problems Is the Person in the Mirror

The Solution to Your Problems Is the Person in the Mirror

2024/10/10
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The Ramsey Show

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Lily seeks advice on taking out a second consolidation loan for her boyfriend's credit card debt. He has accumulated $30,000 in debt after nearly paying off a previous loan she helped him with. The hosts advise against combining finances or taking on his debt, emphasizing the importance of keeping finances separate and addressing the underlying spending habits.
  • Lily's boyfriend has accumulated $30,000 in credit card debt despite her previous financial assistance.
  • Hosts advise against combining finances or taking on his debt without a stronger commitment or legal protection.
  • The hosts emphasize the importance of addressing spending habits and having open communication about finances in a relationship.

Shownotes Transcript

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

Jade Warshaw & George Kamel answer your questions and discuss:

  • "Don't pay off your boyfriend's debt,"

  • Why debt consolidation isn't a good plan,

  • "What Baby Step am I in?"

  • "My dad is holding a parent plus loan over our heads,"

  • "I don't want to put my boyfriend on the house deed when we get married,"

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