His mother-in-law began harassing his wife, so this caller cut ties — and lost her help. Ramsey Show says to do this nowDanielle AntoszNovember 2, 2025 at 1:45 PM0 Copied
On a recent episode of The Ramsey Show, Leo from California called in to ask how he and his new wife could get back on track financially. (1) The couple, both 39, had recently married and shared an apartment. But after cutting off financial support from his mother-in-law, they began to fall behind on rent and bills.
Leo explained that his wife’s mother had been paying half their rent for nearly two years, until a family dispute prompted them to block her number and decline further help. “She started harassing my wife through texts,” Leo said. “Just mean, dirty, vile things.”
Once that support ended, though, their fragile financial situation unraveled. “We’re paying the rent,” Leo admitted, “but we’re late every month.”
On paper, the couple earns about $50,000 a year. Leo works in aerospace manufacturing, while his wife is a barista, but they carry $8,000 in credit card debt and owe $1,500 on a car loan. Worse, Leo couldn’t even say exactly how much they bring in monthly.
That prompted a frank response from hosts Ken Coleman and Rachel Cruze. As Rachel put it, “Everything you’ve known and thought and done with money, we’re going to do the complete opposite.”
Here’s what Ramsey’s team told them, and what anyone facing a sudden loss of income can do to catch up and regain control.
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How The Ramsey Show hosts say to get your finances back on track
Ken and Rachel didn’t sugarcoat Leo’s situation. Their advice was blunt and urgent:
1. Know what you make and spend. “You don’t even know how much you make,” Rachel told him. “You’re going to be so detailed, so intense, so OCD about your money that you’ll be able to rattle off what you spend at the grocery store every week.” Without a clear picture of income and expenses, there’s no way to plan or even identify where money is leaking away. Cruze stressed that the couple needs a zero-based budget immediately, meaning every dollar is assigned a purpose before the month begins.
2. Get second jobs and increase income immediately. Ken Coleman told the couple that their combined income was simply too low to sustain them. “You’ve got to get serious,” he said. “You’re on the doorstep of 40. You’ve got to have a plan that moves you forward, not just a $2 or $3 raise next year.” He encouraged both partners to pursue better-paying opportunities right away. “If I were her,” Ken said of Leo’s wife, “I’d be applying to be a receptionist or an assistant — anything that pays more.”
3. Catch up on rent first. Housing comes before anything else. “Your goal for the next month,” Rachel told Leo, “is to get current on rent. You can’t build stability if you’re behind on your home.” Falling further behind could trigger eviction and even more debt.
4. Build a $1,000 emergency fund. The couple’s lack of savings left them vulnerable to every setback. Rachel outlined a short-term goal: “Your goal for the next 60 days is to build a $1,000 emergency fund,” she said. “That and catching up on rent — those are your top priorities.”
5. Stop using credit cards. When Leo admitted they had $8,000 in maxed-out credit card debt, Rachel was direct: “Cut them up tonight. You can’t dig your way out if you keep using them.”
The hosts’ message was clear: The problem wasn’t just losing the mother-in-law’s money — t was never being in control of their own finances to begin with.
Read more: 22 US states are now in a recession or close to it — protect your savings with these 5 essential money moves ASAP
How to get your finances back on track
Leo and his wife’s story is all too common. Many people rely on outside help, a second income, or credit cards without realizing how fragile their financial foundation is. Here’s how to start taking back control.
Know where your money is going
Leo couldn’t say how much he or his wife made each month, which made it impossible to manage their money effectively. The first step is tracking every dollar — income, rent, groceries, gas, even small purchases.
This is also where financial literacy comes in. Many Americans, like Leo, can’t say how much they earn or spend in a given month. Understanding basic financial terms like net income, interest rates and minimum payments builds confidence and control. You can develop literacy by reading personal finance books, taking free online courses, or even watching educational videos on budgeting and debt repayment.
Get clear on your debt
Write down every balance you owe — credit cards, car loans, student loans — and the minimum payment due. This not only shows you the full scope of the problem, it also helps you prioritize which debts to tackle first.
Set your goals
Your goals will guide your next steps, but not everyone has the same goals. Maybe you want to get out of debt, save for a house or increase your retirement fund. If you have a partner, sit down together and make a goal for your future. If you don’t currently have an emergency fund, start there, then move on to bigger milestones like paying off debt or investing.
Make a plan
Now that you have your goals, you can make a plan for how to achieve them. You can start by saving toward one of your goals that feels the most achievable or the most important to start with. Make sure that the way you spend your money is always going toward one of your goals.
Financial support from family can feel like a blessing — until it disappears. Leo and his wife’s story is a reminder that real security comes from knowing your numbers, living within your means, and taking ownership of your financial future.
Whether you’re facing a loss of income or just trying to get ahead, the path forward is the same: know what you make, know what you owe, and make a plan to earn more and spend less. Financial literacy isn’t just about math — it’s about freedom.
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