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The Ramsey Show

If You Want to Build Wealth, Stop Acting Like Everyone Else

Fri, 24 Jan 2025

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๐Ÿ’ณ Share your thoughts and you could WIN a $500 Gift Card! ๐Ÿ“ˆย Are you on track with the Baby Steps? Get a Free Personalized Plan Ken Coleman & Rachel Cruze answer your questions and discuss: "Our millionaire in-laws are unwilling to discuss their will," "My fiancรฉe and I have $155k of debt," "My fiancรฉe grew up in a different money culture โ€“ how do I get her on board with the Baby Steps?" "How do I use my investments to build a home?" "I feel selfish for working so much to pay off debt," Support Our Sponsors: ๐ŸŒฑ Get 10% off your first month of BetterHelp โ—Ž Get 10% off Byrna product bundles and more! ๐Ÿฅ Learn more about Christian Healthcare Ministries ๐Ÿก Get started today with Churchill Mortgage ๐Ÿ”’ Get 20% off when you join DeleteMe ๐Ÿฆ Go to FAIRWINDS Credit Union for an exclusive account bundle! ๐Ÿฅ— Save 15% on your first Field of Greens order with code RAMSEY ๐Ÿ’ธ Learn more about opening a high-yield savings account with Laurel Road ๐Ÿ’ป Visit NetSuite today to learn more ๐Ÿ—‚๏ธ Use promo code RAMSEY for 18% off at The Nokbox ๐Ÿ’ต Learn more about Timothy Plan ๐Ÿ› Get started with YRefy or call 844-2-RAMSEY ๐Ÿ” Visit Zander Insurance for your free instant quote today! Next Steps ๐Ÿ“ฑย Listen to the full episode for free in the Ramsey Network app. ๐Ÿ“ž Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ๐Ÿ–๏ธ For help with investing, get connected with a SmartVestor Pro.ย  ๐Ÿ’ช Invest with confidence! Get tickets to Investing Essentials ๐Ÿ’ต Start your free budget today. Download the EveryDollar app! ๐Ÿ’ผ Whether youโ€™re confident filing solo or you need support from a pro, we have all the tools you need to crush your taxes Listen to more from Ramsey Network ๐ŸŽ™๏ธ The Ramsey Show ย  ๐Ÿง  The Dr. John Delony Show ๐Ÿธ Smart Money Happy Hour ๐Ÿ’ก The Rachel Cruze Show ๐Ÿ’ธ The Ramsey Show Highlights ๐Ÿ’ฐ George Kamel ๐Ÿ’ผ The Ken Coleman Show ๐Ÿ“ˆ EntreLeadership Ramsey Solutions is a paid, non-client promoter of SmartVestor Pros. Learn more about your ad choices.ย https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcription

Full Episode

14.935 - 42.229 Ken Coleman

This is the Ramsey Show. Welcome, America. We're here to help you win with your money, win in your profession, and win with your relationships alongside the graceful, the fabulous Rachel Cruz, fresh off of her first inaugural ball, I might add. We might hear about that. We might not. She joins me. I'm Ken Coleman, and we're here for you. The phone number is 888-825-5225, 888-825-5225. 825-5225.

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43.17 - 56.675 Ken Coleman

And these are serious topics, but we like to have some fun. We do our best to smile and coach you up because we want you to win. So it's going to be fun today. You ready to go, partner? Let's do it. She's ready. Megan joins us in Des Moines, Iowa. Megan, how can we help today?

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58.216 - 78.377 Megan

Hi. So excited to talk to you today. I listen every day, so this is kind of surreal. Oh, thank you. I'm looking for some advice on bringing up estate planning with my multimillionaire in-laws who are unwilling to have a conversation with my husband and I, but state that he and his brother will both be taken care of when they pass.

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78.937 - 83.958 Megan

How do we inquire so we know where the assets are in the event of long-term care or their passing?

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84.676 - 84.976 Ken Coleman

Wow.

85.396 - 85.777 Megan

Man.

85.997 - 99.584 Ken Coleman

Sounds like you've tried, and they're not interested. So I'm not sure that there's some unique strategy we're sitting on top of, because it sounds like they're like, look, you're fine. We'll let you know when we're gone. Sounds like to me.

99.604 - 107.087 Megan

Yeah, essentially. Yeah, it's a 50-50. You know, it's just my husband and his brother, and he said, you know, you're taken care of.

107.108 - 113.691 Ken Coleman

Let me ask you this. What is it that you all want to know? Let's just assume that they were like, sure. What is it that you're looking to discover?

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