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The Ramsey team also takes excerpts from the show to create YouTube videos.
Recently, The Ramsey Show published a highlight video titled, My Mom Keeps Asking Me for Money!
Tyler wants to help his mother but doesnt want to enable her.
Currently, his mother isnt working.
On the show, Dave Ramsey helps Tyler navigate this challenging, albeit common, situation.Heres his advice.
Tyler mentioned that his mother hasnt made any big strides to make long-term changes, despite his encouragement.
Tyler wants his mother to think about her financeslong-term.
Hes told her that hes concerned about her future mortgage payments, but she isnt receptive to that.
Ramsey said that setting boundaries is going to be very important for Tyler.
After all, in this situation, his mother still has the ability to work and improve her finances.
Tyler has to set boundaries so that avoid being taken advantage of.
Even though Tyler makes good money at a young age, Ramsey said its important to avoid enabling her.
Setting Boundaries
Tylers situation isnt uncommon.
Many struggle with setting boundaries with money, especially withclose family members or friends.
The most difficult aspect is that many people feel guilty doing it.
The other challenging part about boundaries is sticking to them.
Friends and family often recruit others to elicit support and pressure you to help after youve already said no.
Ramsey also recommends different books that Tylers mother can read to make it jump start her money journey.
Keep in mind that you might get bad reactions, especially if someone is used to your financial support.
However, stay strong and remember that youre offering to help in different ways.
Final Thoughts
Having money conversations with family members is incredibly challenging.
When its your own parent, its even more difficult.
Ramseys main point is that if were enabling people, then were not truly helping them.
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