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Benzinga
Benzinga
Business
Casey B. Renner

Dave Ramsey Confronts 36-Year-Old Who Lost $100K On Investments And Still Owes $450K On His Home — 'You Haven't Figured Out The Problem Yet'

Job Loss Strains Finances

A 36-year-old caller told "The Ramsey Show" recently that despite earning nearly $2 million over 10 years, he's now drowning in $800,000 of debt — including credit cards, loans and two heavily mortgaged homes. 

The man, who works in home remodeling, said a series of bad investments and business setbacks left him broke. Host Dave Ramsey didn't mince words "You haven't figured out the problem yet," he told the caller during the live show.

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