Texas man, 30, lost $34K on penny stocks and has moved into his mom's house — why Dave Ramsey says car debt is to blame
Yahoo Finance·2026-03-27 18:00

Kevin, a 30-year-old restaurant manager from Austin, Texas, recently called into The Ramsey Show to ask for advice on recovering from a major, self-inflicted financial setback (1). He shared with hosts Dave Ramsey and Rachel Cruze that he and his wife had to move into his mom’s house because he lost his $34,000 of savings on penny stocks. Must Read He wants to get back into his own place, but really isn’t sure what to do now that his savings are gone. Ramsey was confused as to why Kevin fixated on his ...

Texas man, 30, lost $34K on penny stocks and has moved into his mom's house — why Dave Ramsey says car debt is to blame - Reportify