Don’t buy houses, cars, or pay debts for People you’re not married to
A canadian man recently calmed into “The Ramsey Show“With An Unusual Question: Should and Accept His Girlfriend’s Offer to Pay off HIS 35,000 Canadian Dollars ($ 21,100) in Debt?” I’m Very Hesitant, “Said the Caller, Garrig.
On the Other Hand, Personal Finance Expert Dave Ramsey didn’t hetatete. “No,” he Said Immediately. “You don’t pay off Dating Relationships’ Debt. You will that you’re Maried.”
GARRAGG explained that he and his girlfriend are bout divorced and are in a Long-Distance Relationship. He lives in Canada, and She’s in Switzerland. He Said She Offered to Pay off the debt so he could affford to save for travel and visits times more often. But Ramsey pointed out the logic doesn’t hold.
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“What She’s Saying is I’d Rather Pay $ 35,000 said $ 1,600 to go to canada. That dosesn’t make sense mathematically or logically,” Co-host Jade Warshaw said.
Garggg Earns About $ 85,000 Annually and Said He is on Track to Pay off the Debt Himself before Summer. Ramsey and Warshaw Encoureded Him to Stick with That Plan.
“You’re Going to Change the Who Thing if you pays you off your debt,” Ramsey Warned. “All this other stuff now enters into the equation.”
Warshaw echoed the sentiment. “You already have distances working against you. You definitely don’t need borrowed Money Working Against You,” She Said.
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Warshaw Shared Examples of What Can Happen Wen People Mix Money and Non-Marital Relationships.
She recalled a man who co-insigned a $ 17,000 Car Loan for his girlfriend. After they broke up, she stopped making payments. “I Said, ‘Is She Going to Refinance It?’ He Said, ‘No.’ I SaID, ‘Well, You Better Add it to Your Debt Snowball then. ‘”
Another case that thats Ramsey Remembered Involved a man who bough a house with his girlfriend. AFTER he died in a car crash, his mother inherited half the house there is no Will. “Now She Ouns the House with Her Future Mother-in-Law, who did you didn’t like,” Ramsey Said.
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The Hosts Warned Listens not to assume Things Will Always Go As Planned.