Philly man earns over $126K but struggles with $25K debt as Ramsey Show urges him to cut spending and budget

If you’re pulling in six figures and still feel like you’re drowning in bills, you’re not alone. One caller to The Ramsey Show makes $126,000 a year and still thought bankruptcy might be his only way out. But as hosts George Kamel and Jade Warshaw asked more questions, the real issue came into focus: Peter from Philadelphia didn’t actually know how much he owed, had no budget and had little idea where his money was going. Must Read After reviewing his accounts, he realized the balance wasn’t $25,000. ...