cover of episode It’s Time To Go Scorched Earth on Your Debt!

It’s Time To Go Scorched Earth on Your Debt!

2024/11/11
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The Ramsey Show

Chapters

Jackie seeks advice on whether to co-sign a mortgage for her sister, who is in financial difficulty after being a caretaker for their mother. Her husband is reluctant due to the potential impact on their retirement plans.
  • Co-signing a mortgage can jeopardize personal financial stability.
  • Temporary financial assistance might be a better option than co-signing.
  • Understanding the full financial situation of the sister is crucial.

Shownotes Transcript

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

George Kamel & Jade Warshaw answer your questions and discuss:

  • "Should I co-sign a mortgage for my sister?"

  • "Is it okay to rent when I first move out?"

  • "Should I put extra income towards my wife's debt?"

  • Tips for paying less in taxes next year,

  • "Should I pay for my son's second degree?"

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