This stressed out couple makes $167K but has $339K in debt. Ramit Sethi says fixing these 2 ‘toxic’ money habits could pull them out of ‘dire danger’
Christine, 47, and Thad, 57, make a combined annual income of $167,625. But despite their solid earnings, they’re buried in debt — to the tune of $339,000. Each carries a six-figure loan, “which creates a toxic mix of frustration and complacency and even hopelessness,” said Ramit Sethi on an episode of I Will Teach You […]
This lawyer earning $200K retired at 41 to move his family to America’s No. 1 expat hot spot. Here’s how he’s managed to grow his net worth since
Money is typically top of mind when Americans plan for retirement. Many make their plans with a financial figure in mind, one that can allow them to live out their days comfortably without running out of cash. But figuring out what that number needs to be can be scary. Must Read Thanks to Jeff Bezos, […]
Indiana man fears if his mother-in-law moves in, her addiction will wreck his finances and family — Ramsey Show hosts give him 2 alternative solutions
An in-law moving in can strain familial relationships and cause financial stress — even more so if that in-law has a substance abuse problem. That’s the case for Tony from Indiana. His mother-in-law has sold her condo so she can pay off her debts, but she’ll only be left with a few thousand dollars. She […]
‘You’re broke, act like it’: San Francisco newlyweds owe the IRS $120K. Here’s why Dave Ramsey says it’s time think of their $350K income as $50K
Nikki and her second husband, who live in the San Francisco Bay Area, are $300,000 in debt — and $120,000 of that is owed to the IRS. While they’ve set up a payment plan, the IRS has already sent notices for liens and levies. After divorcing her first husband, Nikki suddenly had three kids to […]
New scam targeting airline passengers, results in a reported “influx” of fraud. How it works and why your baggage tags are key
“Toss your bag tags at home!” was the subject line of a recent Reddit post by someone who claimed to know their risks as a Delta Airlines baggage claims manager. They warned that Delta is “getting an influx of fraudulent claims” where scammers use the information from discarded airline baggage tags — the adhesive ones […]
I’m 61 with a stellar resumé but I’ve failed to get a job — or even an interview — since my layoff 10 months ago. Do I need to conceal my age?
Imagine this scenario: Gary has been job hunting for the past 10 months after being laid off by his previous employer. He has a ton of experience and excellent references, but here’s the catch: he’s 61. While he’s sent out countless resumes, he worries that he’s already aged out of the workforce. At the same […]
AI isn’t the biggest threat to Gen Z workers right now, says leadership expert — why ‘youngism’ is to blame for holding this generation back
While Gen Z workers might be worried about how AI will impact the job market, it’s not the only threat to building a career. While older workers may face discrimination in the workplace — being passed over for jobs or promotions — young workers have the opposite problem: youngism (1). Must Read Thanks to Jeff […]
Texas woman on disability says husband has been hiding a $2,600/month raise from her. This 1 ‘crack’ allowed his financial cheating, says Ramsey Show
Beth from Texas is having a “little conflict” with her husband after finding out he’s been secretly stashing away an extra $2,600 in income every month. The couple, who’ve been married 23 years, the second marriage for both of them, had been taking an “allowance” from their paychecks and depositing the rest into a joint […]
“He turned $200K into zero” — couple in debt after husband refinanced the house and lost the cash through day trading. Dave Ramsey warns the worst is yet to come
Ava and her husband, who live in Charleston, South Carolina, are US$200,000 (C$275,000) in debt after he refinanced the house — and then used most of the cash-out for day trading. “It’s all gone now,” Ava said when she called into The Ramsey Show, seeking advice on how to get out of debt while getting […]
Americans over 60 are a favorite target for imposter scammers — here’s what you need to know to guard against 6 common types of imposter fraud
Did the IRS call you out of the blue and threaten legal action? It wasn’t the tax man — more likely it was an imposter scam. It’s a type of fraud that’s become increasingly more common. “An imposter scam is when a scammer lies and pretends to be someone they’re not to trick you into […]