Girlfriend steals $40,000 of his inheritance and still lives with him (#355)
Manage episode 445706797 series 3320629
In this episode of Financial Advisors Say The Darndest Things, host A.B. Ridgeway breaks down a dramatic call on the Dave Ramsey Show. A caller explains how his girlfriend, appointed as a payee for his inheritance, allegedly stole $40,000. A.B. Ridgeway explores the financial and emotional fallout, sharing key insights on how to protect your assets, avoid falling victim to fraud, and make wiser financial decisions in relationships.
Key Takeaways:
- Protect Your Finances: It’s crucial to maintain control over your financial accounts, especially when dealing with large sums of money like inheritances.
- Red Flags in Relationships: Trust is foundational in relationships, but financial dishonesty is a major warning sign. Don’t ignore financial red flags.
- Seek Legal and Professional Advice: If money is missing or mismanaged, seek professional guidance immediately to recover losses and secure your financial future.
Memorable Quotes:
- "I have a low threshold for dating criminals and people who commit fraud against me." – George Kamel
- "You gain clarity with information—don’t rush to judgment before you know the full story." – A.B. Ridgeway
- "Why is she still your girlfriend after stealing $40,000? That would have been a dealbreaker for me." – Dave Ramsey
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*Disclaimer: This communication is not intended as an offer or solicitation to buy, hold or sell any financial instrument or investment advisory services. Any information provided has been obtained from sources considered reliable, but we do not guarantee the accuracy or the completeness of any description of securities, markets or developments mentioned. This is strictly for information purposes. We recommend you speak with a professional financial advisor.
Video/Audio Credit: Dave Ramsey Solutions
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