Reported 16 days ago
In a recent episode of The Dave Ramsey Show, a 29-year-old woman named Channing from Washington D.C. shared her staggering $1 million debt burden, including student loans, credit card debt, and personal loans. Ramsey expressed concern over her and her husband's extravagant spending habits, likening them to Congressional overspending. He emphasized the need for a complete lifestyle overhaul, advising them to prepare for a financially austere period, living on minimal resources while tackling their debt. Ultimately, Ramsey offered hope that, despite the challenges, they could achieve financial freedom with discipline and his support.
Source: YAHOO