Dave Ramsey Advises Daughter Torn Over Giving Retired Father Money After He Sold Her Million-Dollar Childhood Home: 'You Don't Have An Obligation'

Group 1 - Financial guru Dave Ramsey provided advice on a family financial dilemma involving a father requesting a portion of his children's rental profits despite having previously sold their childhood home for significantly less than its market value [1][4]. - The childhood home, valued at approximately $1.3 million, was sold to the children for $450,000, which included a cash payment of $50,000 and the assumption of the remaining mortgage [2]. - The father, now 73 years old and living on Social Security, asked his children for $400 each month from their rental profits, which total approximately $3,400 per month [4]. Group 2 - Ramsey emphasized that the children have no moral or ethical obligation to provide the requested funds, but he suggested that if he were in their position, he would consider giving a small amount in gratitude for the previous financial gift [4]. - He advised the daughter to establish boundaries, particularly if there were concerns about her brother benefiting unfairly from the arrangement [4]. - The discussion highlighted broader themes of family financial conflicts and the complexities that arise when money is involved, as seen in other cases presented on the show [5][6].