"You have no moral obligation to take care of anyone. There's no moral obligation that's not your husband or your children. Minor children. Grown children, you don't have a moral obligation either."
"Mom and Dad, I'm worried about looking down the road here that somehow you guys are going to be broke and you're going to be coming to me to take care of you."
"You've got the ability to do that for yourself if you guys will roll up your sleeves now."
A caller shared her parents' financial struggles after a collapse in 2008, leading to bankruptcy and a stroke. Dave Ramsey advised her that she has no moral obligation to support them financially. He suggested she communicate her concerns about their future financial stability. Ramsey emphasized that the parents have the ability to improve their situation if they take proactive steps now, despite their lack of savings since 2008.
Read at 24/7 Wall St.
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