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The Ramsey Show

Stop Letting Excuses Steal Your Wealth

Mon, 03 Mar 2025

Description

📈 Are you on track with the Baby Steps? Get a Free Personalized Plan Ken Coleman & Jade Warshaw answer your questions and discuss: "Should I use my fiancé's retirement to pay off debt?" "We are overwhelmed by $150k of debt," "How do I pay off a credit card my parents gave me?" "Should I get my parents to drop their universal life policy?" "How do I talk to my fiancée about money?" Support Our Sponsors: 🌱 Get 10% off your first month of BetterHelp 🏥 Learn more about Christian Healthcare Ministries 🏡 Get started today with Churchill Mortgage 🔒 Get 20% off when you join DeleteMe 🏦 Go to FAIRWINDS Credit Union for an exclusive account bundle! 🥗 Save 15% on your first Field of Greens order with code RAMSEY ⛨ Find top Health Insurance Plans at Health Trust Financial 💸 To find out more about student loan refinancing, check out Laurel Road 💻 Visit NetSuite today to learn more 🗂️ Use promo code RAMSEY for 18% off at The Nokbox 💵 Learn more about Timothy Plan 🏛 Get started with YRefy or call 844-2-RAMSEY 🔐 Visit Zander Insurance for your free instant quote today! Next Steps 📱 Watch the full episode for free in the Ramsey Network app. 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🤓💸💰 File your taxes with 100% accurate software that’s 20% of the price. 📈 Get tickets to Investing Essentials and learn to invest with confidence. 📖 Preorder Build a business You Love today. 💵 Start your free budget today. Download the EveryDollar app! 🎟️ Get Tickets to the Money & Relationships Tour 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 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Audio
Transcription

Chapter 1: What is the focus of 'Stop Letting Excuses Steal Your Wealth'?

0.209 - 13.009 Dave Ramsey

Hey guys, Dave Ramsey here. Me and Dr. John Deloney are coming to a city near you on the Money and Relationships Tour. It's happening soon, so don't wait. Get your tickets at ramseysolutions.com slash tour.

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27.558 - 50.871 Ken Coleman

This is the Ramsey Show, where America hangs out to get coached up on their life, specifically their money life, their professional life, and their relational life. 888-825-5225 is the phone number to jump in, America. It's your show, 888-825-5225. Alongside the fabulously fly, I feel like today,

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51.571 - 52.512 Jade Warshaw

Jade Warshaw.

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52.872 - 56.614 Ken Coleman

I got to say, I think you got a 90s vibe and I don't have a problem with it.

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56.634 - 58.956 Jade Warshaw

I'm in it. I'm all the way in it. Number 23.

59.756 - 77.548 Ken Coleman

I'm not ashamed of my age. I graduated in 1992 from high school. We've got a big group of fantastic looking young scholars, high schoolers from a local school here today looking at us and they're all like, yeah, he's pretty much my dad's age. And I am.

78.708 - 82.989 Jade Warshaw

Can we clear the... We're not the same age though, Ken. No, you're younger than me.

83.55 - 85.75 Ken Coleman

Look at you all ashamed. Are you shaming me?

85.85 - 87.691 Jade Warshaw

I'm not trying to be where you're at yet.

Chapter 2: Should you use retirement savings to pay off debt?

1095.989 - 1097.53 Ken Coleman

Yeah, you the man. I appreciate that.

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1097.55 - 1098.03 Paul

You the man.

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1098.05 - 1108.475 Ken Coleman

You know, fascinating. I love to hear a young man who's going, I really want to pay this off. And he's like, hold me back, Jade.

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1108.555 - 1109.035 Jade Warshaw

Right, right.

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1109.075 - 1119.22 Ken Coleman

Hold me back. Like, am I doing? And boy, as opposed to the opposite effect, you know, where people are just like, oh, they're not even thinking about it at all. They aren't willing to sacrifice. Really interesting way of coming at this.

1119.625 - 1129.874 Jade Warshaw

It is. It is. And I think it's worth that conversation because, yeah, when Sam and I, after we spent seven and a half years paying off our debt, we're weary, right, at that point.

1129.895 - 1133.057 Ken Coleman

If he'd have come at you with more intensity, you'd have been like, hey, man.

1133.598 - 1134.479 Jade Warshaw

Listen, I tried to do it.

1134.999 - 1135.62 Ken Coleman

You tried.

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