Retired 73-year-old Ramsey caller has ‘$175 in savings’ and $57K in debt. Is it all over? 4 habits to avoid her fate

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.

At 73, Wanda and her 76-year-old husband receive $102,000 a year from military disability benefits, a pension and Social Security. Approximately $8,500 lands in their bank account each month.

Yet, when Wanda called into The Ramsey Show (1), she revealed that the retired couple had almost nothing saved for an unexpected expense.

Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one

JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold

The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

"I have $175 in savings. And that's it," she told hosts Rachel Cruze and George Kamel.

The couple also had approximately $57,000 in consumer debt spread across credit cards, a personal loan and a travel trailer Wanda no longer wanted. That figure did not include their leased truck or the roughly $350,000 remaining on their mortgage.