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This 23-year-old put his entire $450K inheritance in a CD. Dave Ramsey's advice: 'Pretend like you don't have it'
Key takeaways
- This 23-year-old put his entire $450K inheritance in a CD.
- When 23-year-old Jackson from New York called into The Ramsey Show, he wasn’t asking how to spend his inheritance — he was asking what not to do with it.
- A few months earlier, he and his brothers had sold their parents’ home, leaving him with about $450,000.
This 23-year-old put his entire $450K inheritance in a CD. Dave Ramsey's advice: 'Pretend like you don't have it' The Ramsey Show Jonathan Linds Sat, June 20, 2026 at 8:05 PM GMT+7 7 min read Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
When 23-year-old Jackson from New York called into The Ramsey Show, he wasn’t asking how to spend his inheritance — he was asking what not to do with it.
A few months earlier, he and his brothers had sold their parents’ home, leaving him with about $450,000. He had no debt, had just graduated from college, earned about $75,000 a year and was renting with his brother while planning a future move from Long Island to New York City.
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