Dave Ramsey tells a confused 29-year-old that paying this $3,000 mortgage is "dysfunctional crap"

The article discusses a peculiar financial situation from the Dave Ramsey show where a 29-year-old is paying their parents' $3,000 monthly mortgage, sacrificing their own financial wellbeing. While supporting aging parents can be selfless, the author highlights the importance of setting financial boundaries. By prioritizing their parents' bills over their own financial journey, the individual risks jeopardizing their future. Ramsey warns against enabling irresponsible behavior, suggesting the need for healthier financial dynamics within the family.

When it comes to finances and retirement, I believe putting your oxygen mask on first before assisting others applies. The 29-year-old has only started their financial journey.

Paying the parents' mortgage while they retire in comfort raises concerns about the 29-year-old's financial wellbeing, indicating possible dysfunctional family dynamics.

Read at 24/7 Wall St.