
A North Carolina mom wrote in to “The Ramsey Show” recently, hoping for a plan to juggle debt, tuition and family expenses. Instead, she got a full-on reality check from personal finance expert Dave Ramsey and co-host Jade Warshaw, who wasted no time pointing out what they saw as a long line of bad decisions.
“You guys are, I’m guessing, in your 40s, maybe getting ready to be 50s. But you’re still renting. You’re still paying $1,275 a month for cars,” Warshaw said. “You would rather drive these cars than pay for your kids’ tuition, cause your cars are $1,275 and the tuition is $1,000.”