brought to you by the every dollar app start budgeting for free today. Well I'm glad to be on the call of the most in the day when you've been used for colleagues one years. Oh wow before us then Jeff before we were co-hosts that's great thanks for calling in. Yeah listening and uh been a student and followed day as principals pretty well so you know I'm pretty happy today I've got a lot of peace and content and a lot of lessons in my life and it kind of leads me to the call today.
So a little back story so I'm retired about two years ago and I've done well in the market I've done some business for 30 years and the situation I have is I'm back to my daughter so my daughter has been there for two years and the beautiful family hit two little babies and my son-in-law very bright intelligent young man my daughter's very strong-wielding independent is some of the principals that are laid out you know they haven't followed to it so you combining finances etc. is one of them which I was always very vocal I kind of taught my daughter baby steps and so she's been a disciple she's getting there she's got her to get an IRA she's got her emergency fund she calls a very strict budget but they're not having joint finances we just found out this week my son-in-law came to confession to all of us and ended day trading and essentially was financing some of this through credit cards and he stacked up about $60,000 in debt and lost all of the savings day trading and so that member doesn't scare me so much because I'm confident that they can work their way through the debt the part that I'm struggling with is a father and a grandfather is I'm trying to stay in my lane to give my daughter as much support as I can she's never asked anything from me since she's graduated from college she does well her job in fact she starts back to work from attorney where you've others come in Monday oh well some new baby yeah born in October beautiful little girl so the challenges for her and for me is all this was hidden she had no idea so she stumbled across some information looking at her credits for a little drop and found out that one of the her card he had used and stacked and maxed that out and that's how she found out and got it so he's her card without her knowing it so they they are very but they're very close as far as the kids they don't do anything other than say to her that he is an activities are great parents and unbeknownst to her yeah he used her card and they do that they might use each of his cards at times but then he maxed it out and when her credit scored drop by 20 points well you said he you said he came clean to the whole family so that was after her that was after she had gone to him and said hey this is what is this and I obviously after they talked then he felt the need to kind of say that to the whole family is that what you're saying yes so he can be confessing her and then the day after all mean because I get very close I mean we talked consistently I talked to my daughter attacks almost every day are we yeah so Jeff yeah so this is man this is really difficult and yeah so for them it's gonna take a lot of I think professional counseling because this is this is lying I mean absolutely lied into the level of gambling is kind of what they trained and end up being so for you I think being a dad they're not overstepping your bounds this is their issues to work out within their marriage and if they reach out for help I think from an emotional standpoint you can be there but this is theirs to take care of I don't metal too deeply or it's actually gonna make it worse I think they need to figure this out between themselves as a couple sorry this is the Ramsey show create your free every dollar budget today the simplest way to budget for your life