Home
cover of episode Why the Pain of Financial Infidelity is Deep

Why the Pain of Financial Infidelity is Deep

2024/10/9
logo of podcast The Ramsey Show

The Ramsey Show

Chapters

A caller named Cyrus explains his $160,000 debt, largely accumulated from a toxic relationship. He's considering bankruptcy, but John and George advise against it, emphasizing the importance of increasing income and avoiding further debt.
  • Cyrus has $160,000 in debt, including a depreciated Tesla and credit card debt.
  • He accumulated debt while supporting an unfaithful partner.
  • John and George advise against bankruptcy and recommend focusing on increasing income.

Shownotes Transcript

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

John Delony & George Kamel answer your questions and discuss:

  • "I have $160K of debt, should I file for bankruptcy?"

  • "How do I grow my income without missing family time?"

  • "How can we reduce our monthly expenses?"

  • "I have a low-paying job in an expensive state,"

  • "My husband put us $180K in debt,"

Support Our Sponsors:

Next Steps

📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here!)

🎟️ See Dave and John LIVE in a city near you!)

🏠 Find a Ramsey Trusted Real Estate Agent)

💵 Start your free budget today. Download the EveryDollar app!)

Listen to more from Ramsey Network

🎙️ The Ramsey Show)**  **

🧠 The Dr. John Delony Show)

🍸 Smart Money Happy Hour)

💡 The Rachel Cruze Show) 💸 The Ramsey Show Highlights)

💰 George Kamel)

💼 The Ken Coleman Show)

📈 EntreLeadership)

Learn more about your ad choices. https://www.megaphone.fm/adchoices)

Ramsey Solutions Privacy Policy)