Dave Ramsey says: Don't put family relationships at risk because of money

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  • GAmom Athens, GA
    June 19, 2013 2:25 p.m.

    Interesting that no one commented on the family relations question. Let me give perspective from the "aunt" side of the family. A number of my husband's family "borrow" money from us. Not investment money but to help them out of trouble. One had imbezzled money, one couldn't make mortgage payments (for 3 years and still lost the house because the money went for vacations, cars, ATVs), one to cover adoption cost. All came with crocodile tears and promises, even written repayment contracts. Almost $70k later we have never seen a cent. I feel used and abused. My mother-in-law scolds ME for causing hard feelings in the family when I ask for some of it back and they complain about how mean I am. One even laughed at me and told me to take him to court knowing I would never do that because of the rift it would cause. So to keep peace in the family I am quiet and smile while inside the resentment and hurt builds. We can afford to lose the money-it was for our retirement travel but didn't realize I would loose love and respect of those I thought loved me.

  • The Final Word Alpine, UT
    June 13, 2013 2:57 p.m.

    That is the problem with most people today. They would not know the difference between a need and a want if it drove over them.

    What people think they "have to have" is pure media/culture driven fallacy.

    I have had one payment in my life for the last 15 years, my house. I wish I could get rid of that and I am working hard to do it. Just refinanced to 15 year 2.75% mortgage. The day is coming.

  • george of the jungle goshen, UT
    June 12, 2013 7:14 a.m.

    Make a list of all your desires, Put the desires in order of importance. The objective is to have an object in mind so you don't just spend mindlessly. You can't always get what you want, but you'll find, you'll get what you need.

  • sally Kearns, UT
    June 11, 2013 11:27 a.m.

    Sometimes it is best to file bankruptcy even though Dave Ramsey does not recommend it. We tried to work out payments with creditors but they wanted all or nothing. The credit card companies and those that have bought the debt accounts are the worst. We have had several friends give up on the debt snowball payment plan. A good bankruptcy attorney can advise you.