Mother Burned Through A $300,000 Life Insurance Payout Over 10 Years. Now, Facing Foreclosure, Dave Ramsey Says $300K Isn't $3M
Yahoo Finance·2025-12-16 21:30

A caller named Andrew recently reached out to “The Ramsey Show” to talk about his 57-year-old mother, who is nearly out of money after spending her late husband’s life insurance payout and the equity from selling her home. The conversation quickly turned into a reality check about income, responsibility and boundaries. Ramsey Says The Real Problem Isn’t The House Andrew explained that after his father passed away 10 years ago, his mother received about 300,000inlifeinsurance.Shealsomadearound300,000 in life insurance. She also made around 2 ...