This Family Drama Has a Gravitational Pull
The Ramsey Show
Family business $5–6M debt dilemma
Sean explains his family business debt; Dave advises walking away unless they commit to a debt-free plan.
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Dave Ramsey and Jade Warshaw answer your questions and discuss:
- “My family business has $5 million in debt and I’m stressed about it”
- “My dad racked up $30,000 of debt and is being sued. How do we help him settle this?”
- “We’re nervous about working with a financial advisor, what should that relationship look like?”
- “Is it a good idea to take out a $150,000 loan to start a cattle business?”
- “We broke our lease and they sent us collections, what should we do?”
- “I don’t know how to invest my money in order to make it last for retirement”
- “Is it right to withhold inheritance from a sibling who will squander it?”
- “I just found out that my husband has been using the money my family loaned us to day trade”
- “How do I support my parents financially without enabling their bad behavior?”
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