A single father from Los Angeles called into “The Ramsey Show” recently with a gut-wrenching story and a mountain of credit card debt. The caller, Dave, said he found the show for the first time just days before reaching out for help. Dave explained that he went through a life-or-death family crisis three years ago,…
A recent Reddit post in the r/DaveRamsey community has sparked a wide range of candid and thoughtful responses after one man revealed he discovered his wife had secretly racked up over $30,000 in credit card debt. The post detailed how the engineer had been frugal for years, saving diligently while his attorney wife, unbeknownst to…
Taking out a loan for someone you love might seem like a gesture of trust and commitment — but if the relationship ends, you could be stuck with the debt. That’s exactly what happened to Lily, a woman from New York who called into The Ramsey Show to speak with hosts Ken Coleman and George…
Should you pay off debt or prioritize buying a house? A 27-year-old Canadian recently asked that question on Reddit (NYSE:RDDT) while detailing their situation. The individual has 1,500 Canadian dollars ($1,084) in savings and CA$11,000 in credit card debt at 12% APR. The 27-year-old also has a CA$4,000 car loan at 7.99% APR and CA$1,500…
When Mark, 35, discovered his wife had been hiding $55,000 in credit card debt and $33,000 in student loans for their entire 10-year marriage, he was stunned. She said she hadn’t meant to lie, but that she didn’t know how to tell him once the balances started snowballing. Mark and his wife are committed to…
When juggling the responsibilities of life as a single parent, it can be easy to slide into debt. Sarah, for example, recently turned 50, is a single parent of two and has $80,000 in debt total. She owes $55,000 on her credit cards and an additional $25,000 that she missed paying on taxes, not including…