Even With $175K Income, Couple Slides Into $118K Debt Saying 'We Wanted Nice Things' — Dave Ramsey Says 'Sell Everything In Sight'
Yahoo Finance·2026-01-09 22:16

A six-figure income didn't stop a married couple from sliding back into 118,000indebt.JofromDayton,Ohio,called"TheRamseyShow"andsaidsheandherhusbandarebackindebtyearsafterfilingforbankruptcy.Shesaidthecouplefiledforbankruptcyin2019andlaterbelievedtheywerefinanciallyreadytobuyahome.Shesaidtheynowcarryabout118,000 in debt. Jo from Dayton, Ohio, called "The Ramsey Show" and said she and her husband are back in debt years after filing for bankruptcy. She said the couple filed for bankruptcy in 2019 and later believed they were financially ready to buy a home. She said they now carry about 118,000 in debt, excluding their mortgage, while earning roughly $175,000 a year combined. Personal finance expert Dave Ramsey told the couple that ...