YOU Are In Control Of Your Life and Your Money!

[Music] this is the ramsay show you can be intentional about your character you can have money and a career you are the hero in your story [Music] live from the headquarters of ramsey solutions broadcasting from the dollar car rental studios it's the ramsey show where debt is dumb cash is king and the paid off home mortgage has taken the place of the bmw as the status symbol of choice i'm dave ramsey your host thank you for joining us america we're so glad you're here open phones at triple eight eight two five five two two five as we talk about your life and your money all right here in front of you the advice is free and some say it's worth every penny you paid the phone number triple eight eight two five five two two five john's with us in portland maine to start off this hour hey john what's up dave uh how are you sir better than i deserve man what's up with you well dave we uh my wife my family and i are debt free and ready to pay off our house thanks to you my friend and uh i want to know if we should pay it off today and what we should do with the rest of the 117 000 in cash we have right now wow above what it takes to pay off the house no uh 27 000 is the mortgage on the house 90 000 left okay all right wow congratulations you've done very well proud of you uh thank thank you we've we've gone from where you were a long time ago to where we are now so that's a lot of hard work thanks to you i didn't do any of it you did it um i just showed you how i'm proud of you uh so uh why have you not done it well we set the date for when our oldest son youngest son graduates high school which is two years from now but as the number gets to a very manageable number uh our oldest son just graduated we thought maybe we should just pay it off now what i want to do the other part of the question is that that mortgage is a 2.75 percent we we've paid it off like a 10-year loan since we refinanced it a while back so it'll be paid off in two years i no longer work as a bartender that i used to do i'm building uh rentals and tiny houses is my goal i want to put the money we have into real estate and building these tiny houses and renting them so you're going to borrow money on your home to put money into real estate and tiny houses say again you're going to borrow money on your home to put money into tiny real estate and houses so you're saying pay off the house first well you knew that before you called i thought you'd tell me you told me 14 times thanks to you thanks to you thanks to you that indicates that you know what we teach right yes sir i do i'm not making fun of you i'm just i'm curious why you haven't done it it just seems like a no-brainer um i guess we've made decent money more recently so we haven't always had let's pretend much money let's pretend you didn't have a mortgage and you had 90 000 and you had 90 000 in the bank yes in order to have 117 would you go borrow 27 000 for two years at 2.7 i would never borrow again what's the difference in that in this discussion i i guess i look at i i guess i've had the mortgage i've had a payment forever it just gives you a warm cuddly feeling to have a mortgage at 2.75 it doesn't give me a bad feeling but it's gonna go get you 270 000 one no all right so we'll pay off the house that's good because i want to pay off the house what do i do my point is you should have done this like a year ago well but i didn't i i like a buffer dave i like a buffer because i don't borrow money and okay then you don't need my opinion you can just do what you want to do it's okay i'm not mad we're friends i think you're awesome but you're working you're working the john plan and it's a great plan it's working for you but if you're on work a day plan you would have paid off that house as soon as you got an extra 27 000 above your 15 going into retirement and above your kids college savings and um and then we go about the business of building wealth and we use some of that wealth in your case to build tiny houses and buy real estate which is your dream and you're going to do all of that with cash because we don't borrow money and you know all of this john so it's up to you though you get to choose i don't but but you know when you already know what my opinion is you don't need to call and ask me it'll save you time i appreciate you brother chris is in boston massachusetts hey chris what's up mr ramsey thank you so much for taking my call it's an honor i honor to speak with you sir how can i help well i'm wondering if you can help me decide whether or not to keep or sell my motorcycle okay so um on baby step two i started a little over two and a half years ago um started at 163 000 i'm down to 71 000 so it's going pretty good way to go well but thank you but um you know now that the finish line's getting closer i'm just trying to figure out anything extra i can do i already have three jobs and the motorcycle is like my little oasis but if i sell it i can probably get you know about sixteen thousand dollars for it or so which would bump me up by about six months and paying off my debt and and you have a car i'll take it i take it the motorcycle's a toy it's for enjoyment yes and what's your household income i make about sixty six thousand dollars a year and what what is your car worth uh it's a hooptie it's probably only worth about three thousand dollars so your motorcycle's worth five times what your car is worth yes that's pass backwards yeah i got the bike before i found out about that i know i know i'm just saying that the net result is still there right yeah i mean you're not doing anything wrong i mean this is it's just a it's a valid good question you've got so um it's completely up to you you're not out of line on your numbers okay you're going to be debt free inside of two years either way right yes it's about 22 months if i don't sell it and yeah yeah and my rule of thumb is simply you know if it got you out of debt if it was going to be three years and it got you out of debt in two years i would have done it because anything over two years i start to i start to get the quivers i start to shake i want you i want you out of there faster than that with your gazelle intensity because dude you are you are game on i mean you're working every job you're not doing anything you've got no life the only life you've got it's a motorcycle occasionally but you don't have time to write it because all you do is work and so you know you're you're doing everything the way i did and the way i teach people to do to get yourself free right you want freedom of course yeah so i don't think there's anything wrong with keeping the bike and there's nothing wrong with you saying i'm going to accelerate this someday soon i'll buy another bike after i upgrade in car and uh you know the total of everything with motors and wheels should not be over half your annual income you've probably heard me say that it's too much invested in things that go down in value and bikes and cars and boats and seadoos and all the other crap we buy four-wheelers with uh motors in them they all go down in value and golf carts yeah that's another one and um gotta have one of those to drive around the hoa apparently apparently the car won't work there but the uh um so yeah anyway this crap we all buy um so yeah it's okay to keep it because you're gonna be under two years and what would i do if i woke up in your shoes ah i'd be on the bubble because i want to be out of debt so fast but i also hear you that it's your it's your oasis my always is my boat if it was my boat what would i do i'd probably sell it if it was my boat and get another boat later and give me a little better car because the thing's three times five times what your car's worth that's bothersome too this is the ramsey [Music] [Applause] chef [Music] we were drawn to christian healthcare ministries because we both had young families and we wanted to have more children and we had also just started a real estate company and needed to find health care coverage that would meet our needs we were attracted to chm because of its low monthly costs and the ability to negotiate medical costs down established in 1981 and accredited by the better business bureau chm is here to meet the needs of your growing family or small business check us out at chministries.org backslash budget we absolutely believe in it [Music] [Applause] [Music] [Applause] thank you for joining us america this is the ramsey show open phones at triple eight eight two five five two two five the housing market is white hot your house could be worth a lot more today than it was just 20 minutes ago and certainly when you bought it and that means your old insurance policy might not give you enough coverage anymore you see your insurance policy does not automatically go up with the value of your home and so your agent has to be doing like their job and stuff and call you and like do stuff like they're supposed to do and raise the coverage to match the actual value however they have an entire filing cabinet full of people like you and they might not be thinking of you it's possible it could happen do you hear the sarcasm i hope so so what you need to do is you need to go to one of our endorsed local providers and you need to go ahead and shop your homeowners insurance it's a really good time to do it anyway these are independent insurance agents which means they shop among a gazillion different companies and get you the right coverage at the right price in your particular situation typical person saves about 700 bucks when they move their house and their cars over to an independent agent from one of what we call captive agents in the market meaning they can only sell for one company and you know who i'm talking about stay farm okay yeah and so forth stuff like that right excuse me i've got allergies and so to find a trusted insurance pro find out the right coverage go to ramseysolutions.com check and search for home insurance and we'll get you connected with one of our elps quickly and easily ryan is with us ryan's in knoxville hey ryan what's up hello how's it going dave better than i deserve how can i help yeah it's a pleasure and an honor to speak with you and we greatly appreciate your teachings thank you so much our life i'm honored how can we help okay so we're in well we're just trying to get it clear we're bs uh three and uh we just sold a business and a house and we're about to get an inheritance of some money and we're trying to see if we should pay off our home lots of piles of money well i thought you sold your home yes sir or you sold a house not your home we sold a house to buy a new house okay so what do you owe on your current home that you're asking about paying off 100 approximately 170. cool and the inheritance and the business sale and how much is the inheritance uh it'll be just about two hundred thousand after the sale okay what should you get from the sale of the business uh what the sale of the business plus the house that we sold right because okay we had money we we took a loan you know we didn't pay off the house a week so in total what we have uh after um emergency fund we have 279 that's from all three sources the sale the business the house and the inheritance no two hundred's not at these they sell the house we haven't collected yet so that's not part of 279. okay and and again your mortgage balance was 170 right correct okay and uh yeah i'd rather check today and be debt-free how old are you 40. god you're going to be so rich listen dude seriously seriously i'm not i'm not being sarcastic you take what's your freaking house plan a couple of grand not even yeah so if you take a couple grand a month since you don't have a house payment anymore and you stick that automatically into a mutual fund you understand in 20 years how much money that is it's millions of dollars just just by paying yourself a house payments to those goobs in new york correct yeah see you bank of america out of here countrywide correct yeah we'd be ryan wide this is awesome way to go man exactly yeah we're stoked you're 40 years old freaking pay for house what's this house worth uh we 319. yeah and you got a paid for house and you got a hundred thousand dollars in the bank and you got more coming from the sale of the other house correct and i'm gonna be you know working and bringing in more money as well yeah well i mean we're gonna retire on this but it sure does put you if you keep working and investing and saving and enjoying and being generous and putting your kids through school and paying cash you don't you you've completely changed your freaking life man you are gonna be a baby steps millionaire you're on your way i hope so proud of you man get after it do it today write the check be done go out in the backyard take your shoes off walk around the grass feels different when it's yours i'm just saying it changes everything this is more than just math boys and girls when you don't owe anyone anything let me say that again you need to breathe that in america sally may done got her eviction notice master card is no longer in charge american is no longer distressed you follow me here there's no stinking car payment you don't have a house payment you walk in on monday morning and the ball starts going you just start walking off where are you going i don't have any payments i don't put up with your crap anymore it changes your decision-making it changes your relationships it changes your future it changes your family tree right what ryan has done with his family and with the help of a small inheritance and by being diligent up to 40 years old and being smart he wasn't smart all the time none of us are i've done stupid zeros on the end but this guy's he's a freaking hero man we're talking to a future millionaire right there and that's not hyperbole that's freaking math all because he decided he wasn't going to live normal anymore because normal sucks in this country you don't want to be normal normally you're putting up with a toxic work environment because you have to pay the bills normal is you put up with customers when you own your own business you don't have to let me tell you what's fun firing an irrational customer that's fun you don't talk to my people that work here that way i'll fire your butt give you your money back and take you out of our database you don't get to be a butt we don't pay our people to put up with butts we pay our people to help people that are hurting but you don't get to be a butt it's different in it you get a whole different sense of power a whole simple different sense of direction when you don't have any stinking payments this is the borrower is slave to the lender when a slave is set free it's not merely economics it's not merely mathematics it's choices and margin and future it's everything on the list chases us chase is in san francisco hi chase how are you i'm good i woke up clean and sober so i'm grateful for that that's good news how long you been dry bud uh about a year and a half good for you what are you off of thank you uh methamphetamines oh tough one you're a you're you're a strong dude man a year and a half clean on meth man that's strong that is one seriously tough one to kick good for you i'm proud of you you got some good people in your life it sounds like yeah intervention by my mom and my brother i love it love a good family yeah how can i be a part of your story because you got a wonderful story thank you i appreciate it um well ever since i've gotten clean and sober i got a really good job for me you know i'm used to making twenty thousand a year um this year i'm on track to make eighty thousand um wow when i got my job i i saw cars and i got sucked into the shiny objects and i pulled out a car loan yeah then i started listening to you right after that now i ruined everything yeah yeah i ruined everything uh so i have about 18 000 saved um that i've saved in about six months and i owe about 22 i think 24 with the warranty if i cancel the warranty 22 i'm wondering i have 60 000 in student loan debt i'm wondering if i should uh sell the car back pay off the negative equity i think it's about 3 500 and then buy a little beater yes or if i should just add it to my snowball i would i would sell that car back and because i think it's part of your healing overall this is a this is a great part of your plan you're now addressing the realities that are left over from the addiction and you're doing a great job with it i'm going to help you i'm going to put you in the ramsey plus once you go through financial peace university usually every dollar app i'm going to pay for all of it free to you because we are we are so proud of you you're inspiring you stay dry buddy you stick with it man this is the ramsey [Music] show [Music] [Music] in the lobby of ramsey solutions on the debt free stage eric and rachel are with us hey guys how are you hi dave hi dave good to see you good to see you guys where do you all live uh we're from boise idaho oh that's a bit of a hall to nashville yeah well welcome all the way over to the other side of the world good to have you and all the way over here to do a debt-free scream how much have you paid off we've paid off uh 137 000 good for you and how long did this take it took 30 months wow and your range of income during that two and a half years uh our lowest range was 121 000 and our highest range was 148 000. good what do you guys do for a living so i work for boise state's mba programs go broncos yeah and uh i'm an electrical engineer oh very good cool and what kind of debt was the 137 most of it was in a house a house and uh you paid off your house yes i'm looking at weird people very weird people how old are you i'm 30. yeah and i'm 28. and you pay for a house and paid for houses thank you yeah luckily we bought before the market went crazy yeah yeah luck didn't have nothing to do with it you guys are on it man look at you i love it what's this house worth well now do we just check the other day it's worth around uh 170 or 370 000. and you're 30 years old and it's paid for that's right and you'll have a payment in the world no thinking weird y'all are so weird i love you you're amazing all right tell me this story what in the world decide made you decide you could pay off your house before you're 30. do you want me to start yeah go ahead so it kind of started when we were dating actually um i was coordinating a financial peace class oh there we go yeah and i had just started dating dating this guy and i was like this can't go anywhere serious if you're not on this plan oh so oh a deal breaker right out of the gate yeah i asked him to pray about taking the class and you could tell he was hesitant because he's an engineer yeah he knows math you know he knows math he doesn't need to be told how to you know save money so anyways he prayed about it and he ended up coming obviously wow and um that was kind of the start of eric i'm just saying that was a good choice that's all i'm saying i agree it has nothing to do with the class has to do with what you got out of the deal here that's right okay yeah and he did a really great job he he paid off the most debt in that in that class and i was like he's a keeper he's a keeper yeah yeah so through that process you can go ahead yeah i was a uh starting off like you said dave i was a little prideful she asked me about it and i thought you know talking to a guy i've never heard of you before so she was telling me there's a guy who can teach you how to save money and i thought you know i know how to save ninety dollars right now i don't go to the class you are the first one that has ever said that yeah but i was like it's worth it yeah thankfully god uh he softened my heart and uh got rid of that pride and i'm so glad that i was able to take your course so how long end of the course after you can tell the truth here we're friends it's okay uh it won't hurt my feelings because i would have done exactly the same thing you did except i might have never gone i might have been too proud to ever go but uh uh but the uh how long are they how many classes in before you went you know this is probably worth it well three four five i think it was about the third class in yeah uh we i we got your book and then i think um we were going through the class and i thought it was taking a little long so i pretty much just read your book all night and then after doing that i realized okay there's some there's some good truth to this stuff so okay there's a process here i can plug into because the engineers are process guys right yeah i mean exactly once you see the process the baby steps you go oh game on okay yeah all right good for you guys very cool and how long you've been married uh we actually just uh celebrated our three year anniversary awesome so three you get married and two and a half years into the three years or really almost immediately you dive in on the debt and let's pay off the house yeah did one of you already have the house or did you buy the house shortly after marriage yeah i had i bought it shortly after after moving out to boise and then okay rachel so you had the house and the debt yes and rachel had the class yep i didn't have any debt and that's why i was kind of like i need to find somebody who can get on a plan with me like i don't care if he has that but he at least needs to be able to get on a plan so we can work on this as a team okay now that's that's the best dating advice there isn't we don't tell people not to date someone because they have debt but i need some say that again i need someone who would get on a plan yeah i need with me exactly yeah i needed somebody who was able to say yeah i'm a team player and i can get on the same page with you with you on this because it's important to you but i mean you didn't need to not have any he just needed to be a team player there you go man i love it that's exactly how we teach people and that's very mature very smart good boundaries not manipulative nothing there nothing weird going on there like you have to get out of dinner i won't get you you know dave ramsey does not say that he says exactly what you say so that's beautiful i love it i'm so proud of you guys so who are your biggest cheerleaders well so honestly each other we kind of uh definitely helped each other out a lot but uh i would say you were fought a lot yeah it was hard getting on the same page really it was yeah what did you fight about well we had we had just gotten married and we you know we hadn't lived together before we got married and you know he's an engineer and i'm a free spirit and it was like we were speaking different languages at first so actually you had the budget fights then and everything when you sit down to do the budget you're arguing yeah so for me i was like oh you know let's just budget to the dollar it's not a big deal if it's to the cent and he was just like no we need to count every penny oh really through the penny yeah to the penny wow and i was just nerd and i'm not i'm a dollar guys that's okay wow yeah so i mean there were those fights but now we don't fight is there a particular item or situation that one of you wanted to do the other one didn't want to do that you remember the big fight um one of the big ones uh near the end there i got a second job so i was working full-time and then working nights to help kind of knock some of this stuff out a little bit faster and obviously that was kind of a it was a strain on on both of us for a little bit yeah he would work at the technology company he works at from about nine two so what was the fight you didn't want him doing that no i wanted him to do that it just felt like it was too intense i'm like we already make a really good income can you just stay here with me and okay yeah and look at what i've done i've created a monster yeah yeah he works all the time that's exactly what happened i told his mom i was just like i was the one that started him on this journey and he's the one that's the most intense i don't know what happened yeah well exactly be careful if you activate a good nerd we know how to do it man we nerds we get her done give me a goal i'll go baby i love it good for y'all that's i like that that's smart and that's that's real world stuff that's how it really happens yeah so the good news is you're free how's it feel now it it feels great to be to be free yeah um we're actually kind of uh feels a little empty we got to figure out our next next big step next big thing to go to go tackle yeah it felt really good at first and now we're just like this is kind of a lifestyle for us as weird as it sounds we really enjoyed being on the same team and having money goals and we're like okay what's next what does this look like and so it feels really good you set your two goals uh and put them on a spreadsheet and and uh one is generosity a level of generosity what do you want to do i did that it helped me i want to give away this much yeah by this time and whatever it is you figure it out and then the other is uh go ahead and back out when you're going to be a millionaire your baby when you're going to be a baby steps a millionaire and start aiming at that and that that gives you something to aim at and you don't have to go crazy about it you get to have a life you don't have to work till midnight you have to do all that stuff right but we're just being intentional now and working together you still want to have that feel of being in the harness together and that's what you're saying and that's very very wise way to go thank you way to go what do you tell people quickly the reason or the thing you do to get out of debt is freedom just being able to like you were just saying earlier if your boss comes in one day and you're just not having it you know you don't have to have that stress of paying bills and you know you're free to do what you want kind of walk away and you get to be in charge not not the credit cards yeah and i would say get on a budget make sure you're on the same team and then tithing was huge for us we had so much money pouring in during 2020 and it could only be explained by god yeah i mean there's so much blessing yeah so many blessings that came from tithing and i think that's a huge part we got a copy of the legacy journey that's your next chapter in your story to be baby steps millionaires you're on your way and we've got a copy of the total money makeover for your giveaway and start someone on their journey thank you for leading the class yeah and uh thank you for leading uh the most important people you've ever had in the class his name's eric yeah good job 137 000 paid off 30 months that's house and everything they're not even 30 years old 121 to 148 thousand dollar income count it down let's hear a debt-free scream three [Music] couple of weirdos i love it [Music] [Music] [Music] so thanks for joining us america this is the ramsey show aaron is with us in new hampshire hi aaron how are you i'm doing well dave how are you better than i deserve what's up in your world he said dave i had a question for you um about baby step two i'm currently in the moment about to move into apartment next month so i'm currently pausing um but i actually had a dream about asking you this question i wanted to see what your actual answer was so i make forty seven and a half thousand dollars a year and on my car i owe fourteen thousand and my student loan i owe about seven and a half now typically in the baby steps i know that i would usually do seven and a half first and the fourteen but my company i work for pays for my student loans i just have to make an extra payment with it um my student loan payment right now will be about 30 bucks a month and so part of me thinking why not just tackle out the car and just have the company pay the 166 and i just pay the 30 until it's paid off i just want to get your thoughts on that that'd be okay yeah okay but here's the thing if you switch all we're doing switching them that's all we're not going to slow down so you're going to put all the money you can find on your car until it's gone and then even though your company pays the student loans you're still going to put all the money you can find on the student loan until it's gone so the only advantage we're getting is the number of months it takes you to pay off your car you're going to get some money out of your company but that's all so how fast you're going to pay off your car um my car will be paid off probably in the next couple months i have about ten thousand the bank i'll probably have around by the time i get there it'll probably be around like thirteen and a half to like thirteen thousand something i'm sorry wait a minute i'm sorry let's start again because you you said you were doing the baby steps and i got confused okay so um the baby steps are baby step one's a thousand dollars any other money you have goes on your smallest debt and you work your debts off smallest to largest in baby step two and so your car balance is what again it is fourteen thousand okay so what we're gonna do is we're gonna have a four thousand dollar car balance when you get off the phone or actually a five because you need to keep one thousand in your account you said you had ten in the bank right i do yeah sorry i i didn't clarify this piece my bad um because i'm moving into an apartment and i i have an idea what the expenses look like but i'm currently pausing on baby step two oh you did say that you did say that that's why the money is there because you're paused correct okay okay then i won't be such a smart ankle okay don't worry sorry about that all right so um uh so all uh so okay yeah let's do that now when you finish your move any money that's left above a thousand goes on whichever debt is remaining agreed agreed because you push play again yes okay now once you're doing that then when the car is paid off then you attack the student loan with the same vengeance that you would have even if your company wasn't paying it i don't want to use your company money as an excuse to stay in debt longer instead we're gonna use your company money as a way to get out faster but that only works if you put the same amount on the debts you would have and you should be debt-free in one year i agree okay um so really at the end of the day what we're actually going to end up getting out of this company is about 1500 bucks that's yeah that's about right um a quick another quick question on baby step 2 that i wasn't sure about is when i pay off when i'm paying off the debt is it okay just to pile up the cash and then pay it off in one check or does it make sense you just keep throwing extra payments and then it's better off to pay the extra payments because both of these are on what's called simple interest and whatever your interest rate is on your debts is larger than the interest rate you would get in savings and you're getting credit for the day you send it once a month you can't get a daily credit but once a month is compounded i see so it works out better you're doing really good here's what the good news about your situation is aaron you're really really thinking about this you're really analyzing it and you're paying attention the reason most people are broke is they don't pay attention they don't have any idea what's going on and you've got what's known as a clue so you're looking for all these nuanced little answers down inside the program and that means that you really are dialed in and that's a cool thing i'm so proud of you you're gonna do great sam is with us in albany new york hey sam how are you hey what's going on dave i'm doing well how are you doing better than i deserve how can i help you all right uh so double question well a question about the current housing market and how much would be appropriate to spend on a house based on my income so i currently am making around 14 to 1600 net every week and i am planning on getting engaged shortly and so i would like to purchase the house so i don't know if this is an appropriate time to do that or if i should wait six months seven months and then do it do you have any debt no that's free good you got your emergency fund in place of three to six months of expenses yeah it did okay well what we tell folks is to never buy a home that is more than a fourth of your take-home pay on a 15-year fixed and so that puts you at about a fifteen hundred dollar house payment on a fifteen year fixed that's about what you can afford now your down payment of course is how much you save between now and then add to that equation you're getting married i'm okay if you wait till a year after you're married um actually there's a lot of wisdom in that it takes about a year of being married to know how close to your mother-in-law to buy okay you kind of got to get to know your wife because the problem with buying a house before you're married is you will discover after you got married that you bought the wrong house because she will tell you yes sir so that can happen i mean it's happened before all the guys all the old guys are laughing right now so uh yeah but the uh uh you know so i mean it's it's up to you you could you can buy but i would have her uh not make the decision but be very involved in the selection so you don't have to rebuy later and i'm not gonna do any of this out of a panic because i'm worried about this real estate market this real estate market's crazy but here's the thing real estate is not a short play it's a long play here's what i mean okay how old are you 24. good for you okay when i was the house that i bought when i was 24 uh was 52 000 today it would sell for a half a million [Laughter] okay i'm 60 i'm 60. so what's the point of that the point of that is and by the way the real estate market was quite hot when i bought that house it was crazy people were just going nuts interest rates were coming down after having been really high and everybody was just jumping on anything that moved it was kind of a little bit like now right now it's hotter but uh point being that all of this stuff measures out and mellows out given a little given a couple of decades here or there and so you're probably not going to be in the house you buy that long anyway 5 or 10 years on average and uh and you're gonna you know so if you wait a year to buy it and it goes up some it's gonna go up more between now and the time you're old like me so you got plenty of time dude um so there's nothing don't ever get house fever like oh god if we don't buy a house we're going to be priced out of the market i mean you know yeah if you don't buy a house for 60 years you'll be priced out of the market but if you don't buy a house for two years you're not gonna be priced out of the market that doesn't happen because the markets come and go they soften they get better they get stronger back and forth and over the scope of your life you're going to see a lot of interesting stuff with real estate but it's not a short term play it's uh very difficult to make money on real estate in the short term but you can almost always make money on real estate in the long play it's a it's man you do a decade play with real estate you can really set yourself up for some serious money very nice very nice great job man congratulations on the upcoming engagement hang on i'm gonna send you a copy the total money makeover for you to read through with your new bride nine million people have and so you should too hang on uh open phones at triple eight eight two five five that's what we do here we talk about getting you out of debt in the shortest possible time and it's not just about getting out of debt it's by getting out of debt so that you can be outrageously generous it's about getting out of debt so that you change your family tree it's about getting control because if you can control your spending you're controlling almost every aspect of your life because it all flows through your spending just about money's not important at all what it does oh when it puts food on the table and shoes on your kids it's really important so what it does is important the money itself it really doesn't matter so it's all about control it's all about growing up and it's all about long-term thinking and maturity and we'll help you do that it's what we've done for 30 years this is the [Music] ramsey have a friend or family member that needs a daily dose of ramsay advice in their life let them know about the ramsey call of the day podcast it's a quick hit of advice about life and money in under 10 minutes check out the ramsey call of the day podcast wherever you listen to podcasts this is the ramsay show [Music] you can be intentional about your character you can have money and a career you are the hero in your story [Music] live from the headquarters of ramsey solutions broadcasting from the dollar car rental studios it's the ramsey show where debt is dumb cash is king and the paid off home mortgage has taken the place of the bmw as the status symbol of choice i'm dave ramsey your host thank you for joining us america open phones at triple eight eight two five five two two five triple eight eight two five five two two five johnny is with us in atlanta hi tony how are you hey i'm good how are you dave better than i deserve how can i help okay so there's a lot of meat this but let me just get right into it so i am 48 years old i'm on baby step number two i've only got five thousand dollars until i'm debt free and it's credit card debt so i'm working on that good now i am on social security death benefit income and basically on that income it says that i can only make a certain amount a year which i believe it's like 19 700 or something um before they start you know taking away from me from what i've made so it's kind of been hard for me to get anything other than a part-time job but i have had them now i will tell you that um due to coded my doctor took me out because i was high-risk but i did get released last month for my uh sort of you know to get really to go back to work here's the pickle i meant i've been apartment living for eight years my daughter is 14 or will be 14 years old in november and when she's 16 she has expressed to me that she does want to have a job so i do want to help her and aid her in getting a car for her however i would also like to have a home i'm kind of stuck i can't do both because i just i'm not able to afford to do those but i want to know which one to do so your husband passed away and you have a social security death benefit from his being deceased that's correct how long ago uh he passed in 2007. i'm sorry okay um i am not you so you're telling me that on a death benefit from a deceased spouse they stop that if your income gets too high are you sure that doesn't sound right i bet i last not last year so what is the death benefit how much do you get i get 935 for my portion and i get 935 for her point i'm 100 sure it does not affect her portion it does it does not affect your portion it will affect my portion when you're so what it's ten thousand dollars a year girl go have a life screw the government well and that's what i'm trying to figure out you're sitting around for ten thousand dollars a year handcuffed when you could go have a life yeah well i i did that i actually went out and got a food plan no you need like a you're 48 freaking years old there's nothing wrong with you you need like what's on full-time gone get it go get it girl career go make you 60 80 100 000 and flip your pinky towards washington as you do it i did that actually a year and a half ago and then i got stepped up by them taking away i think it was 130 each month who gives a crap about 130 dollars if you're making well 80. not able to make 80 because i am even even though i've went to high school i am not um a high school i'm sorry even though i went to college i am not a college graduate so what so lots of non-college graduates make 80. yeah i talked to one last week made 300 selling real estate i'm trying to find that job that will put me over honey it don't take much this is a squirrel bar this is a low bar it's 10 grand squirrel can get over this bar it's low it's way down there low like it's not even knee high it's ankle high yeah let me tell you let me tell you okay let's stop just a second all right i'm gonna tell you what i think i'm hearing and you can correct me and i'll be happy to be corrected but i think when your husband passed away like for most people it was devastating and you and your daughter have clung onto each other and grieved and hurt from this and mixed in with that you didn't think you were valuable because you didn't get a college degree which is not true by the way that's a lie from the pit of hell and the second thing is you lost some of your confidence when he left yeah and now you've set your value down at ten thousand dollars and i'm sitting here saying honey your value's a lot higher than ten thousand dollars i believe in you like way more than you believe in you and i've only talked to you one minute it's been hard i know that's what i'm hearing i'm hearing some pain in there am i missing that no you're not missing it yeah so you were you were 42 years old and your husband died right or 40 years old yeah how did he pass away he it was a combo they don't know what it got him first it was either um lung cancer or cirrhosis oh my gosh yeah oh my god and that was another situation yeah there's a situation that goes with that for sure yeah yeah so there's a lot of pain a lot of pain around all of this and it is a normal human behavior for that pain to leave a scar on our psyche and i just want to tell you out loud as somebody just listening to you i'm not talking to a lady that's unintelligent you're very articulate you made your case in a very short period of time you got on the radio which is a nerve-wracking thing to do and you pulled off this conversation not everybody can do that not everybody can get past kelly to get on the air i mean you did all of this today and so i think that um i just and i'm not i'm not you know i'm not blowing smoke i really do believe you are worth five to ten times more in the marketplace than you think you're worth i do believe that myself and i think we need to develop a career path and track that might take you a year to get on it might take a little time but to start to believe and take some steps in the right direction towards something that gets your income way up because this government idea of ten thousand dollars hovering over your head it's not like they're offering you a hundred thousand dollars they didn't offer you a good life they offered you below poverty and you took it yeah well here's the second option okay what about going back to school you don't necessarily have to go back to school if if that's what it takes to go live your dream we'll talk about that but that's not necessarily the magic pill yeah the magic pill might just be the magic pill might i mean because let me just i'm not suggesting you do this but let me just give you an example the example i miss used a minute ago you do not have to have a college degree to sell residential real estate right and if you told me that was your dream and i'm not suggesting it is but that's an example of something where going back to school is not necessary now if you want to get a master's degree in psychology because you want to do grief counseling as a professional counselor because you've been through some stuff then yeah you need to go back to school for that so here's what we're going to do i'm going to put you on holding and kelly's gonna pick up we're gonna plug you into the ken coleman stuff we're gonna get your income up to where this little ten thousand dollar sentence the government is throwing you and devaluing you with is no longer holding you back [Music] [Applause] [Music] [Applause] [Music] what makes our show unique is that we genuinely care about our listeners we're intentional about choosing the best advertisers to recommend blinds.com is no exception they offer high quality window treatments at unbelievable prices and they make it simple to shop blinds shades and interior shutters with easy online ordering free shipping and a guaranteed perfect fit go to blinds.com and take advantage of this week's special savings [Music] well if you're in debt and you're stuck it can feel like you're fighting a losing battle feels like the bills are winning i've been there i remember you may wonder if you're ever really going to get ahead well i can tell you that you can it doesn't have to be this way when you attack this debt like your life depends on it it starts falling back you can take back your paycheck and start building the life you want start building some wealth become a baby steps millionaire you can get there with financial peace university in this class you'll learn our proven plan it's helped millions pay off their debt fast but you'll never make the change you need to do unless you stick to a budget and that's why with this you also get the premium version of our budgeting tool every dollar the world's best budgeting tool and it's all available only with a ramsey plus membership financial peace university every dollar and many other things with ramsey plus you can get ahead start your free trial of ramsey plus and end this constant battle for your money text trial to 33 789 text trial three seven eight nine our question of the day comes from our friends at blinds.com a great american company find out for yourself why blinds.com is the number one online retailer of custom window coverings you get free samples free shipping and when the new promos they run all the time you'll save even more use the promo code ramsey to get the best possible deal today's question is from gwendolyn in connecticut i'm 21 i've got three thousand dollars in debt which will be paid off by august 1. i came upon your youtube channel i heard you talking about the ben and arthur story where did ben invest the money in a bank or in the stock market does it matter whether i put a lump sum or a little in each month as long as there's two thousand dollars at the end of the month how do i keep the money in the account and should i pay off debt first and can i start saving and playing paying off that simultaneously a lot going on here gwyndolin well i'm glad you found us on uh youtube so here's the thing the ben and arthur story is not a story or an actual game plan it is mathematics to show you the importance of compound interest that's all it is it shows you the power of compound interest it shows you how important it is to get started early which is a motivated use because you're wanting to get started early so that's perfect now then that's how that works now what you do want to follow in order to have the results that ben an author had meaning get compound interest working on your best favor your most powerful wealth building tool is your income until you have 10 million dollars and then your most powerful wealth building tool is your wealth it'll start making you more money than you make you but until you've got five to ten million dollars you are the magic sauce kiddo your income is the deal now the problem is in america most people have given their income away to buy crap that they can't afford that they didn't even really want to impress people they don't even really like and so we have a whole bunch of instagram freaks out here running around deeply in debt impressing people that they'll never meet at a stoplight with a car that they can't afford it's one big freaking selfie that's what the whole thing is it's all about presentation and not about fact and actual who we are we lost our soul in the process so the secret gwendolyn is you don't give a crap what other people think that starts it right there because that changes what you wear the purse you carry the trips you go on it changes the car you drive for most people it might change the house you live in it might change the apartment you live in while you're waiting to save up money to buy a house because if all you care about is i'm gonna live like no one else so that later i can live and give like no one else it sets you up in a whole different mindset because see if you don't have any payments and you've got control of your income now you've got money to invest and now you've got money to be generous with and 100 percent of the people that are generous and invest systematically over a given period of time become wealthy it happens every stinking time but most people aren't generous and most people don't invest systematically over a long period of time because they give all their money to the bank in the form of payments buying crap that they can't afford so we work a thing called the baby steps it's a proven plan it's gotten millions and millions of people out of debt and for that matter probably made several million millionaires we call them baby step millionaires because they work the baby steps and so the first thing you do is get a thousand dollars the second thing you do is you pay off all your debts listing them smallest to largest everything but your house if you've got a house listing the smallest largest paying minimum payments on everything but the little one get rid of everything now you don't have any payments that's a good place to be that's an unusual place to be that puts you in about the top ten percent of americans right there alone because most people have sally mae in their spare bedroom most people have a car fleece they've got a payment on the bass boat because they needed a bigger motor those bass were out running them most people buy crap all the time on payments you're going to stop that and you're going to get out of debt once you're debt free everything but the house and by the way if you do this with great intensity no eating out during this short period of time no vacations during this short period of time so that you can vacation and eat out anywhere you want later you live like no one else so that later you can live and give like no one else then you get to move on to baby step three because you got no payments now you're gonna build a fully funded emergency fund a rainy day fund you know why because it's gonna rain dave you need to be positive i'm positive it's going to rain you need to be ready it's coming life is going to happen and you need 10 15 20 000 3 to 6 months of expenses sitting there to catch the crap when it comes at your front door and doesn't turn into new death the transmission's going to go out your aunt's going to die and you got to fly to seattle i don't know what it is something's going to come up and you're going to need some money suddenly that's what an emergency is it's an unexpected event three to six months of expenses now you're at twenty thousand dollars or so cash in the bank and you don't have a payment in the world except your house payment how does that feel everybody say great great highly unusual at that point you would be officially weird just having gotten through those three steps then you do baby step four start saving 15 of your income into your retirement accounts roth iras 401ks with matches all in good growth stock mutual funds that have great rates of return and in an average of 15.4 years you will be a baby steps millionaire meanwhile you're saving for your kids college and baby step five and six is you're paying off your house the average person following this plan pays off their house in 10.2 years oh these are actual numbers now you can e listen if you want to get rich quick you got to go somewhere else i can't help you with get rich quick because get rich quick is not reliable there's no shortcut to any places worth going no discipline seems pleasant at the time but it yields a harvest of righteousness discipline sorry maturity sorry see it's so easy to stand out in a world full of people that don't have any of that all you gotta do is just decide you get to decide i'm gonna do this and you just decide no one can tell you what to do nobody can make you do it i can't make you do it you know all this crap dave ramsey said i can't dave ramsey didn't tell you you didn't do anything you gotta do whatever you want to do i'm just showing you a path and if you decide to follow that path it is the shortest distance between where you are and some wealth is wealth everything good lord no i'd rather have relationships in health but why not go get both they're both within your grasp doesn't cost any extra to play the game right matter of fact it costs considerably less that is the baby steps and then once you're completely out of that house and everything you will become very very wealthy throughout your life and you'll be in a position to look over and go hey there's a single mom hurting i can buy her a 3 000 car and it's like most people buying a biscuit because if you got three or four million dollars and you write a 3 000 check you don't feel it if you have three thousand dollars and you run a three thousand dollar check you really feel it see this is what wealth does it gives you margins and options the ability to help other people the ability to change your family tree that's what this is all about so gwendolyn the answer to your question is you follow the baby steps and it's your shortest distance to get to be ben and arthur this is the ramsey show [Music] so [Music] [Music] [Applause] [Music] [Applause] in the lobby of ramsey solutions on the debt-free stage kirk and nikki are with us hey guys how are you oh we're good how are you dave welcome where do you guys live oh my god michigan say again elmira michigan what is that new year in michigan uh gaylord okay cool good to have you guys and you're all the way to nashville to do a debt free scream how much have you paid off 33 122.62 perfect how long did that take you 22 months all right and your range of income during that two years uh 69 000 to about 72 000. very good what do you guys do for a living i'm a stay-at-home mom i uh played gold and silver for automotive excellent very good okay and what kind of debt was your 33 000 oh lots of stuff uh computer medical debt 401k loan four credit cards a car and a signature loan just kind of normal yeah how long you guys been married uh 13 years today all right well happy anniversary thank you very cool so two years ago a decade of marriage caught up with you yup and said and kicked your butt and said something's got to change tell me the story what happened uh well we had started sending my son to preschool at a private christian school and we wanted him to continue throughout elementary school and the tuition goes up quite a bit once they hit kindergarten sure and we were looking at that and we had to go through our budget we couldn't afford it wow okay so the babies come first now what are we going to do what'd you come up with well about 10 years ago i had gone through fbu with a friend she invited me to go with her and her husband and i i had told him about it at the time and he's like yeah yeah i got it i got this you know and we didn't you go on i got this we don't okay so what happened you went back yeah yep yep i um after we went through the budget and i was like you know if we didn't have all this debt we could afford to send the kids to private school and then i brought it up again i was like please please take this class with me it took a little bit of convincing but so i got on board how did she get you to do it just asking me you know just showing me the numbers you know she i need some help well she she literally put a whole together whole spreadsheet of everything that we had you know if we paid this off this is what happens you know this is how much we need for this for the kids at school you know and i got on board it it made sense yeah he was he was so she used like facts to convince you yeah okay that works yeah i like that one that's a good plan because you weren't obstinate you just said i thought we were okay and then she looks at and goes oh this is not fun i'm with you let's fix this okay so then you go to financial peace university what was the first thing you learned in there that you went oh my um just really about how to manage the debt you know seeing that once you put it on paper it's a lot different than just you know saying oh i got this much i'll pay this much this month once you actually put it on paper and look at how much you're spending yeah and just in debt it's a real eye-opener really it really is it blows you you feel like where's all that money going right yep yeah yeah what are you gonna say uh nikki uh well i was actually just gonna say that part of our story was that we had ten thousand dollars in debt that i wasn't aware of uh-oh yeah and we talked about this beforehand i'm not throwing them under the bus but part of the other part of that story was that i didn't know what was going on because i wasn't participating oh okay so when really he hid it from you he just didn't tell you right yeah okay yep so i mean once we started working together as a team everything changed wow okay and that that takes the pressure off of you kirk it does it's like oh okay let's do this together and then you know because one of the things i i told sharon was you're going to help me make these decisions that way if they're wrong you can't say i told you so yeah she she's my rock on this you know um her being a stay-at-home mom you know she does so much more than just being a stay at home oh sure you know it's a home economist yeah it is you know and you know i go to work but she honestly does more work than i do you know you know kids are tough but you know kids are growing up beautifully and very loved yeah so that's good stuff well done so what do you tell people the secret to getting out of that is for us teamwork yeah teamwork once we started working as a team everything changed yeah everything's on the table all cards are face up and then we say all right let's do the plan and we're doing it together yep yeah and discipline you know once you start it you know stick with it because it's hard it's very easy to fall off and you know but as if you are dedicated to it you can get through it really easy what was the hardest point where you almost run out of steam during the 22 months where were you when you kind of like i'm out of breath covered really oh really yeah yeah because i i got i got laid off yeah luckily it only ended up being four weeks but we got laid off we were you know i was like okay let's go into cash com our cash conversation mode yeah you know and shortly after that my car broke you know and it's just like so that's like this time last year yeah yeah like june or may or something yep yeah yeah you know so yeah we got and we got tested like right after we started going on the program our septic went out of course of course yeah but yeah yeah covered the car breaks the septic goes out it's like murphy shows up yeah but yeah we cash flowed it we sold a camper to pay for the septic system that's when i knew he was in yeah yeah that was my baby that's a big deal yeah so losing the camper is a big thing but the septic system working is kind of essential for sure yeah wow you guys that that's uh that's real stuff because really what that's saying is about halfway through right yeah just when you got smacked in the mouth and you had to reset and go okay are we doing this if we're doing this the camper's got to go if we're doing this then i got to do this and we got to do that and we got to conserve cash like you said and and a lot of people were facing that at this time last year a lot of people and you guys you guys found a way to work through it and and here you are the other side victorious yes feels pretty good to work through it doesn't it oh so good yeah yeah how's it feel to have no payments awesome have you ever been debt-free in your marriage ever no no so 13 years was the first time yeah and your anniversary presents yes i'm so proud of y'all thank you cool and you brought the kiddos with you to do the debt-free screams yeah you come up what are their names and ages cole he's six and courtney just turned four okay and you brought some cheerleaders with you in the in the gallery here who's with you uh my mom tangi and my dad david well they got to be proud of y'all too yes our biggest cheerleaders that's good that's good you gotta have those we got a copy of the legacy journey for you that's your next uh chapter you're on your way to baby steps millionaires now move on to changing your whole family tree very good stuff and a copy of the total money makeover for you to give away get somebody else started as you keep talking about this because you can't shut up about it once you do it it's good stuff it's good stuff so have uh cole and courtney been practicing they have they all the way from michigan they know they're debt-free scream oh yeah and they know what's about to come up well you change their tree you change their family tree you guys are heroes we're so proud of you as honor to know you very very well done your mom and dad are proud of you it's good stuff very good stuff kirk and nicki cole and courtney from michigan 33 000 paid off in 22 months in the middle of coving 69 to 72 000 income count it down let's hear a debt free scream three two one [Applause] [Music] yeah i'm not sure courtney's old enough but cole may be old enough to remember that weird time his parents came to that weird place down in tennessee and they stood on the stage and they screamed i'm debt-free and when cole is 90 and telling his great-grandkids the story of his mom and dad changing their family tree that's pretty powerful stuff you guys that was the sound you heard you could hear cole's voice screaming over that microphone that was the sound of a family tree being changed mom and dad are heroes they did what it takes to go win in a culture where everybody tells you that the government is going to fix your life where you're a victim of this or a victim of that [Music] not kirk and nikki not them way to go guys this is the ramsey show [Music] so [Music] [Music] thank you for joining us america we're so glad you are here this is the ramsey show carlos is with us in los angeles hi carlos how are you hey dave thank you for taking my call my long time listening first time caller honored to have you how can we help so um my wife and i and our family we've been working baby steps for about five years now and um we're currently on baby step 3b and on baby step four um so we have about two hundred thousand dollars saved for down payment here in los angeles but you know that the market's pretty ridiculous here and the mortgage will not be a fourth of our take home but we can't find a mortgage of our fourth of our take home um if we buy uh mortgages that we're looking for so one of the things we do have is we have some out-of-state rentals i know how you feel about how to save rentals but we bought them before the program and we like the real estate aspect of it we owe mortgages on both we have 80 000 that we owe on one and 90 on the other my wife and i are thinking of pausing um they to 3b and just hitting with gazelle intensity for the next two to three years and pay off the rentals which will increase our cash flow or our monthly income that will then allow us to meet the guidelines for the fourth that we're taking because we don't want a 30-year mortgage and we're not trying to fall into stupid okay we definitely want to kind of make sure we follow the program good that's a good one there's nothing wrong with that um how much equities in the properties could you just sell them and use that to meet your goal well we we we do have substantial equity we do have about it's about 200 each we have 200 thousand dollars of victory in each house um but one of the things our long-term goal is within 15 years we want to paid for the primary residence and we have we do like the residential uh real estate aspect of it we don't like the state that we uh currently are in as far as rentals because this doesn't work for us the numbers are ridiculous and and actually we i thought of your sunk cost analysis about putting you know the money that were on the table would i purchase these homes they actually purchased these homes with their intention of renting them out and they've been pretty good so we've been lucky i know um if you want to go that way that's okay i'm not going to be mad at you if you want to go that way okay but i mean another option is obviously selling those and that would give you the money to buy a home today yeah the other thing we thought should with the cash or should we with the money to pay off the rental should we invest the money no short term office guys just pay them off just pay them off as fast as you can both of them pay them off yes you have what now say it again we have 200 200 000 that we have saved should we just pay them off now and then rebuild our down payment again because yeah cash flow yes yeah all right that's what you're wanting to do you're wanting to use these rental cash flow to be able to buy a house and does 200 pay both of them off uh yes we would actually have um yeah it's 170 that we owe on the total mortgage balance yeah okay and then use that use that increase cash flow and everything else in your budget to go back to baby step 3b then actually you're technically a baby step 7 if you want to be technical about it because you're debt free until you go buy a house right right but it doesn't matter either way you're going to pile up as much cash out of the cash flow of the rentals and everything else to build your down payment and then go by and that's exactly what i would do franklin is in richland washington hi franklin how are you how are you mr dave good how can i help well i am on baby step 2 with my wonderful wife and uh all i've got left is my student loan debt was about thirty thousand and got a bit of bad news i just got a terminal cancer diagnosis six to twelve months oh my so i am a 17 year old a six-year-old and a three-year-old how old are you i am 35. oh my god have you gotten a second opinion yet i do and it's not good it's esophageal cancer and it's really quick and it's really uh one of the worst ones you can get franklin i'm so sorry how's um how's mom doing your wife um i'm scared to tell her so far yeah i just found out this morning oh my i've known for nine years it would be a possibility because i had the pre-cancerous condition but now i'm kind of heading home and my wife is a wonderful woman but she's the the spender free spirit and she comes to our monthly budget meetings every month and she let me know what she wants but i'm still in charge of making sure all the bills are paid how do i help set her up i do have about 45 000 in 401 and about 500 in life insurance well we're gonna surround you guys and walk with you and help you okay uh there's a lot of moving parts to this um and it's uh everybody's scared and everybody's emotional and and it's all valid um so um uh you you called and asked and so i'm gonna be cold and calculated in spite of how much that's why i need uncle dave today instead of in spite of how much i have a lump in my throat right now okay um number one student loans uh uh if you don't survive uh they they go away so you don't pay another dime on the student loan okay so the government's going to eat this student loan if the if the diagnosis should have about 50 000 in mortgage balance okay if the if the prognosis is correct the student loan is just going to go away and she there's a process she goes through to file with a death certificate and so forth and when you become when you pass away or you are permanently disabled student loans are forgiven that is one of the times they are actually forgiven um so anyway uh we can help you with that help her with that process and when the time comes but in the meantime we're not going to use any of your money for that uh we're going to use your money for you to uh have a quality of life and the quality of life includes time with your family that's there there is no point in working on a debt snowball there's no point in doing anything right now except just conserving cash like i said we were almost all the way done with baby step two and all i had left was just two months and you don't have that anymore because i just took it off the table okay and so now what we've got to deal with is uh get her trained with money where she's confident to carry this household while she's walking through this diagnosis and prognosis with you okay okay because the more confident she is the easier would it be to go through the class again absolutely and we're going to pay for it it's on us okay i'm going to put you i think i'm going to put you into ramsey plus and we're going to hook you up with one of our financial coaches uh there in washington that'll walk with you as our gift we're not you're not going to charge you a dime for any of this okay and i want her to have some people in her corner and you got an amazing support network and you what i'm talking about on the financial piece okay and so you watching her become confident will be helpful to you agreed yes sir if she becomes competent with money and confident that's going to help you with this process as well okay so you're in a good church you said you had an amazing support group we have a good family support network yes okay good good well obviously you're gonna get spiritual things arranged in your life as well agreed yes sir okay and um so uh we're gonna get her trained uh you've got she will have if this prognosis is correct she'll have 500 000 coming to her um and uh it would be okay for you guys to have already planned out what to do with that before before she gets it um and i'll recommend that you you said the mortgage balance was what right around fifty thousand now i recommend we pay that off and then we've got 450 right and so you know what the plan is and and she executes that plan she's going to be okay because she's competent and confident and we've got a plan if i'm in your shoes this is how my brain is working i i will feel better if the people i'm leaving are going to have a are going to be taken care of and that's why you're calling and that's all that's been going through my mind today yeah i can imagine okay and so uh the the last piece of that then is you meet with um as you've got the strength and are able to do it all and you feel you get past these things you meet with a smart vester pro so i'm going to put you on hold and kelly's going to hook you with a coach with a smart investor pro and financial piece and ramsey plus financial peace university and we're gonna walk with both of you and you tell your sweet wife we're praying for both of you and we are here whatever she needs whatever questions she's got along the way whatever questions you've got along the way we're gonna walk with you guys and keep our arms around you i'm so sorry franklin this is the ramsey show [Music] hey it's kelly associate producer for the ramsay show this episode is over but if you heard about an event product or service and didn't have a chance to write it down don't worry we list everything you've heard about during this episode in the podcast show notes section or head to thermzyshow.com thanks for listening [Music] this is the ramsay show [Music] you can be intentional about your character you can have money and a career you are the hero in your story [Music] live from the headquarters of ramsey solutions broadcasting from the dollar car rental studios it's the ramsey show where debt is dumb cash is king and the paid off home mortgage has taken the place of the bmw as the status symbol of choice i'm dave ramsey your host this is your show america we're glad you are here open phones at triple eight eight two five five two two five that's triple eight eight two five five two two five kayla is with us in detroit michigan kicking off this hour hi kayla how are you good how are you better than i deserve what's up so i'm 23. i just moved out um like a couple months ago i'm on baby step one and my question is is that i'm trying to um cut down from my budget to save money and i volunteer for a non-profit organization that i truly love doing but it requires i it requires me to travel twice a year out of my own expenses and i was wondering if i should keep going um with it or if um because i need i'm trying to get debt free i'm wondering if i should uh um turn down my position yeah what what are you doing with a non-profit what is it um i'm a treasurer and um basically we help around the metro detroit area with uh sobriety well that's good okay and what drew you to work in that um i'm three and a half years sober good for you well thank you well done so what were you on what what what what kind of substance um everything but mostly xanax and alcohol okay all right well i'm proud of you very well done um thank you so what does the travel involve all around the detroit area you said that doesn't sound like travel um uh no like out of state twice a year okay so you have to go represent your local chapter as the treasurer at a convention okay is that mandatory for you to continue to do the other work that you're doing in the area um it's more like peer pressure yeah um i know like really help out if i went yeah yeah okay um and what do you make what's your income um i just got my dream career as an electrical apprentice then i make after taxes a little over 30 000. okay and when will you finish your apprenticeship i'm in about four and a half years okay and what will you be making then uh over ninety thousand good for you it's a good track you got you got a good you got a good life laid out for yourself well done and you moved out of the house and here we go right game on yeah game on it got it just got real yeah okay um [Applause] um and how much debt do you have about 13 13 500. okay and so you're working 40 hours a week yes um and then i was about to after in september i was gonna work part-time at a gas station to save up for like christmas presents and extra um stuff i don't want to budget out for okay that'd be fine or maybe you can find something that's even a little more lucrative for your part time than that because if you're going to go the trouble to work part time i want you to make some money right um yeah and so i don't know what it is necessarily but um you might think about even uh i don't know dog sitting or nanny or whatever that kind of stuff in the evenings and you you actually can make a lot more doing that than you could doing something else so just be thoughtful about that so and and in listening to your story um i want to participate in with my advice i want to participate in your in your the 33 year old version of you really winning that's how i'm thinking about this okay and so uh if i'm here and hearing what i'm hearing your number one goal and i know you agree with this is continued sobriety because if you don't have that everything else falls apart agreed yes so to the extent that this volunteer position with the sobriety organization is helping you in your sobriety walk i don't want to cut it down like for instance i would never tell you to work a part-time job and miss an aaa meeting uh you would because the aaa meeting is more important for your future long term than the part-time job would be that's an example by prioritizing your sobriety over other over money stuff you follow me yeah i have worked too hard to take to go back in there yeah and so what i would do if i were you is i would analyze is there a way i can volunteer uh for one year work a good strong part-time job and uh is there a different way i can volunteer for one year and still be involved in the sobriety community that you're plugged into because as you've already as you've always okay as you've already discovered there's a lot of ways to but communities valid it's a big deal for all of us but it's a really big deal for you three years dry yeah yeah so are you going to meetings still yes okay and so that will affect your schedule on part-time agreed um i can find other times to go i know but i mean you can't you can't work every night for six hours oh no okay that's what i mean because i'm not afraid to push you to work girl because if you got rid of 13 000 in debt and had an extra 10 000 worth of income mathematically it helps your whole situation agreed yes that's what i'm trying to get you to but i don't want to do that and interfere with your walk here because because here's the thing if we if we got you making 90 000 a year by by september and it costs you your sobriety it's going to cost you all that money it's because your money's gonna go away so your job shows your life because you're you know so lack of sobriety eats all of that up it kills it all it trumps it so you you already know that but i'm just i'm saying it out loud i know it too okay so all of that to say uh i want you to stay volunteering somehow but the faster you can get this debt off of you and you can raise your income a little bit while doing that while staying plugged into that community uh the the less stress you're gonna have in your life and i thought i heard you say xanax yeah yeah okay so i i like getting stressed out of your life agreed yes and money money debt and and tight budget living on your own for the first time in a long time is is stress and we don't need that here either so that's that's an enemy to your sobriety in your case too so i think you're doing great i think you're a rock star i think you're absolutely going to win uh but let's balance between the extra income we can create and getting the money stress off versus staying plugged into making sure you're going to meetings and plugged into this the sobriety community that you love and that you're volunteering with that saved your life okay so maybe you're not the treasurer for a year though maybe you're something else that stays home okay does that make sense does that make sense am i hearing you to put all these pieces together right did i miss something oh no i think you're pretty incredible i think you're going to do some big stuff you fought one of the biggest battles people can fight and you did it before you're 23 pretty incredible this is the ramsay show [Music] [Music] [Music] stop paying your overpriced wireless provider and switched to puretalk they use the same network as the larger providers for much less for just 30 a month get unlimited talk text and six gigs of data with no contract the average family saves over seventy dollars a month by switching to pure top just go to puretalk.com and enter the promo code ramsey to save 50 off your first month pure talk simply smarter wireless [Music] thank you for joining us america this is the ramsey show if you hadn't noticed the cost of college has gotten real ridiculous serious dollars especially at a four-year university and even more so at like one of these expensive private colleges you need a plan if you're gonna pay for college you need a plan scholarships and financial aid they go a long way but you need an esa you need a savings plan a 529 for your kid and we can show you how to do that investing in good growth stock mutual funds and do it throughout their life you'll have enough to send them to school and you need to learn about these different accounts and what the strengths are and the weaknesses are of each one and you need somebody in your corner to help get it all set up it's called a smart fester pro you're the smart investor the pro helps you do it and the smart smartvestor pros are people that we endorse they do not work for us they do a great job of guiding you and your 529 your esa getting your kids college set up getting your roth ira set up if you need to or doing a 401k roll over if you need to go to ramsey solutions dot com slash smart vester ramsey solutions dot com slash smart investor you can click the smart vester button anywhere on our site and be sure you get connected with it'll drop down a list of the ones in your area you pick which one you want to go to or you can talk to all of them and interview them and decide but you're going to be meeting with someone that has the heart of a teacher that's going to guide you and teach you not do it for you you're not going to say i don't know what my investments are my guy handles it we don't allow that you have to be like a grown-up and you have to know what the crap you're doing and that means somebody's gonna guide you and teach you and you're gonna know what you're doing you're gonna understand what you're doing or you don't do it david is with us in providence rhode island hi david welcome to the ramsey show dave what's up man hey man how can i help talk to you about 15 months ago changed my life wow um i have a yeah yeah um i have i have two questions for you um one you always talk about the fleece i have no idea well i know what elise is but i have no idea what a police is so when you say that what are you referring to well that's a country boy's attempt at humor when you uh when you fleece a sheep you cut his hair off and it's a country saying it's a country saying that means you got screwed over and what that means is a a lease is a fleece a lease is a bad deal that's what that means all right so i own and this is part of that question um i own a business and i do fleece a car for uh my wife uh the company has plenty of money to pay for that i know you disagree with it was it still a bad idea if it's the rule of business sure sure it's just a it's an alternative it's an expensive method of financing is all it is you're renting you're you're renting a car for your wife and you're paying a rental fee that's the lease payment and the rental fee at the end of the lease you can either buy that car or turn it in right correct okay so if you were to take a financial calculator and sit down with a financial person that would show you how to do the entry into the financial calculator and you entered in the stream of payments the monthly payments that you're doing over the length of the lease and you enter in the final amount you would pay for it versus what the sticker value on the car is you will find that on average they are charging you 14.2 interest that's what i mean by it's a screw job but it's never it's never disclosed and the reason it's not disclosed as a actual interest rate is because you haven't technically borrowed money you're just renting the car but you can back out the financials on it and determine what they're charging you for the money which is essentially what's happening right there you're borrowing the money essentially you're paying car payment right right yeah yeah and so it's on average about 14 now some are lower some are higher but that's the average nationally and that's why smart money magazine dave ramsey and anybody else who's done the calculations on this stuff say it's the most expensive way to operate a vehicle so if you uh if you want to buy your wife a car you should pay cash working on it okay so let's you know what i do is figure out a way to get out of this lease either get it sold or get it paid off if you can come up with the cash just pay it off you want to keep the car that's okay with me but i wouldn't sit there and rent their money for 14 and that's what borrowed money is it's renting money and in a sense that's what the car lease is and since you're getting screwed we call it a fleece you're getting fleeced if you ever hear someone david say that you got fleeced it means you got messed over that's what it means uh tani or tony is with us in uh tani is with us in atlanta hi tani how are you hey dave how are you doing better than i deserve what's up um i wanted to get your advice on um i have a good bit of debt that i've been working on um i'll be getting married soon and i'm thinking about leaving my job i'm dependent on at my job but i've been offered a what i think is a great opportunity but i'm feeling guilty but trying to make this decision um i am okay so what do you mean what do you make now i make 85 000. what would you make of the new job 120 000. okay and so you get this substantial raise yes and what have you done wrong if you take this job that you're feeling guilty about um my company is going to be moving and i'm the controller and i've been involved heavily on start-up calls and making sure that we can make this move and make a fun make it in a financially sound way and we're weeks away from the move and so if i leave yeah um i feel really guilty about it when are you required to take the new job august 4th so in two weeks they'll be in two weeks and the move is when um september the middle of september middle of august middle of august middle of august yeah okay how do you ask your new employer if you could have a middle of august start date no i have not your new employer no i haven't asked them that rigid or do they want you that they want you badly they want me bad they said they need me to start as soon as possible so i'm hours away from putting in that notice well ultimately you would take the job okay okay but i'm with you i i think you're you've got a matter of conscience here you you're a person of responsibility and um they're counting on you and you don't want to let them down and i i think that's a i think that's a if you were applying here and you came in and and we wanted to hire you we would say gosh we really need you but you know what we admire what you're saying so much that that means you're going to bring that same character to work here that we now we really want you and so we'll give you to august 15. okay if i were your future employer i would admire you if you came in and said i can come august first but i really really really feel like i'm letting these people down is there any way i could start a little bit later to help them with their move okay i haven't thought of that so that could be something don't you think if you were the future employer you would like to see that yeah i would type a person yeah definitely and the other other option of course is that you offer to work uh for free for your former employer uh at night and weekends to help to help them make the move you give them you could give them 40 or 80 hours over the next two weeks first two weeks of august uh off hours okay and that way you're not letting them down but if if you have to but um you know and i don't know uh i mean we have accounting is very very important and finance is obviously very important at ramsey uh and we've got actually got some positions open right now but we don't have any of them that are the whole place is going to fold up and not work if you don't get here in two weeks okay i don't have any emergencies like that now they may they may be in a real tight spot the future employer um but it sounds like you need to take the job but we just got to work around you feeling good about your integrity yeah that's what it is yeah you're a good lady you're a good lady they're ha they're both lucky to have you on their team not a lot of people think that way most people think about what they can get out of instead of what they can bring you're a person who adds value there are takers and there are givers you get to decide which one you want to be we all know what christy is this is the ramsey chef [Music] [Applause] [Music] [Applause] [Music] hey folks i got a great option to help you pay for your education the army national guard the army national guard believes you are the next greatest generation because you have proven that even in adversity that you have what it takes to succeed that's why they offer benefits like tuition assistance career training and a paycheck to help you avoid debt no matter what your goals are the army national guard can help you get there visit nationalguard.com to find out more [Music] so [Music] thanks for joining us america in the lobby of ramsey solutions on the debt-free stage trey is with us hey trey how are you i'm great how are you dave better than i deserve sir where do you live i currently live in baltimore maryland i'm originally from frederick maryland cool good to have you in nashville and all the way here to do a debt free screen yeah how much do you pay off um paid off around 43 000 in 27 months good for you and your range of income during that time started at 37 and recently just switched to a new job by making around 70. whoa nice to double the income yeah what do you do um right now i'm a cx associate for a media company so i basically run like split tests on websites to see what helps sales and conversions what were you doing before i was a translation project manager for like a local family translation company um but your i.t skills got you the double huh yeah yeah you could say that um i studied psychology so it helped a lot to kind of learn statistics and apply that scientific foundation back into my work so very good good for you man well done how old are you i'm 24. good and what kind of debt was the 43 000 uh so 33 um was student loans uh and then the other around 10 and a half was a car loan okay cool yeah so um 24 years old 27 months ago you were 21 years old and uh you decided to get out of debt tell me your story what happened yeah well uh to be honest it started with that first job um it just wasn't really the right fit for me um it was kind of a paper pushing job just felt pretty miserable and then on top of that i mean back then i definitely had a spending problem because i was paying the minimums on my student loans it was like maybe a hundred dollars and i thought that was like the end of the world so um from there i just kind of started researching budgeting um how to switch jobs make more money and that's that's obviously how i i found you so me and my co-worker kind of became obsessed with your show uh binged all the all the shows on spotify so wow yeah way to go spotify yeah well we're honored thank you very much i'm excited that that uh that you can do all this in your 24 you have the rest of your life to live without any death that's pretty cool yeah yeah the math is amazing of where you're going to be i mean you are really on a track here this is pretty incredible very fun so uh how many of your friends were cheering you on and how many of them are making fun of you oh so i have a friend here today her name is natalie she's amazing she has been there from the start but eventually eventually i feel like my friends kind of i feel like i talked the ear off a little bit with money so i kind of had to turn to a different community so i started actually like doing the youtube thing uploading videos about how to uh talk to your employer to raise your income how to switch jobs if you want to um yeah so it's called by nine to five but essentially i just talk about all of my uh well my journey and how it started really with you um in your journey so oh yeah very thankful to have found you well i'm honored i'm honored i'm honored i was there to to give you some guidance and you're a hero man you took control of this and uh good to have friends like natalie around huh oh yeah literally the best could not have done it without her yeah very cool good stuff brother good stuff what do you tell people the key to getting out of debt is um i would say start with a list of your values um understand how your money situation is or your employment situation is keeping you from having those values be what you live by every single day and i think that kind of starts your why launches that and then after that it's really just budgeting like start your zero-based budget go on every dollar um if you're good with excel go on there make your own just do what you need to do to be able to actually track all of your income and then all of your expenses and as long as your y is there you should be able to keep going um push forward so so you're a single guy you don't have to talk anybody into doing this except the guy in the mirror exactly and yeah but you had to talk him into it for 27 months right what was the hardest part um i would say the hardest part was probably like well honestly during the pandemic uh when there was nothing to do all day that's when i turned to the creative side and started telling people about my story i think that's what helped a lot but yeah i think the hardest part is just not having an immediate support system which covid definitely amplified sure sure community is what we need and it's what was taken away from us um connectivity and uh relationships was taken we're damaged and taken away from us during that time it's very hard for folks well very well done so the home that you grew up in uh were they financially responsible or you had to learn all this from the ground up um i i had to learn it from you but uh not all bad advice there um just a lot of uh not really understanding who i was first i think led me to make decisions that ultimately got me into debt um i'm very happy that i went to college but i think i would have done it maybe a little bit differently if i had known what i know now about money and the value of education so um yeah don't blame any of my upbringing um on that situation and it's actually been really awesome because i have actually me and my parents have talked a lot about um just money in general and it's it's so sweet they're saying that i inspire them so we're all learning together yeah that's good very cool very cool that is sweet and uh it's not unusual for a sharp young man like you to get your parents attention so very well done sir well we're proud of you here man well done good job good job we got a copy of the legacy journey for you because that's the next chapter in your story to completely change your whole legacy now and uh of course a copy of the total money makeover for you to give away and bless someone else and natalie thanks for coming down and joining him that's good stuff all right trey from rockville maryland 43 000 paid off in 27 months making 37 to 70. count it down let's hear a debt-free scream three two one i'm debt-free [Music] this is how it's done right here baby okay do you wanna do a little math we could do a little math let's pretend that you're 24 and you make 70 000 a year and you don't have a payment in the world and you actually know how to control money because you're actually being a grown up do you know how rich he's gonna be oh my god i mean if he just take okay let's just say he say 15 of his income do you understand if he does nothing else from 24 to 64. and so he never makes any more money than he makes now he goes 40 years without a raise which would officially make him a loser i mean you can't go 40 years without a raise right so 40 years without a raise and he only saves 15 percent of his income do you understand that that amount going into his 401 k into his roth iras 15 of 70 000 is somewhere between seven and ten million dollars you're looking at a rich guy that's what you're looking at a future baby steps millionaire uh all because he just changed his whole mindset about not only his income his values addressing his values at work addressing them into his budget and making the decision to do this very sharp young man very sharp so that's what sets you up guys and uh you know then what what screws all of that up is life you come along and you go oh well i don't need to do this anymore ah well i didn't mess up maybe i didn't really understand maybe yeah you understood you just you don't fall off the wagon so you know the cool thing is if you get this young like that the point is the the amount of money and you understand how unlikely it is that you never get a raise in 40 years and he's in it it's in technology so come on i mean seriously if he stays up on his continues to grow in his skills his income's probably going to double in five years or sooner but that's if we don't do that if we just stay at 70. so the truth is if he just saves 15 of his income his real income what it really ends up being for the balance of his life that young man should be in the 10 to 20 million range that's accurate without any drama without any craziness only fifteen percent of his income and along the way bazaar house and pays it off along the way maybe he gets married and has a car pays cash for it along the way pays cash for kids college along the way you can do a lot of stuff while you're saving 15 he's still gonna end up there boom so impressive this is the ramsey show [Applause] [Music] [Music] [Music] [Applause] [Music] our scripture of the day proverbs 13 3 those who guard their lips preserve their lives but those who speak rashly will come to ruin francis bacon said silence is the sleep that nourishes wisdom silence is powerful i would give you an example of it but it's really bad radio in this business we call it dead air but dead air is a good thing in a normal conversation it's a good thing silence is the sleep that nourishes wisdom uh some people talk and uh like i said i don't have an option here i got three hours i got to cover right but some people talking talking talking christy doesn't do that christie's on the line has a question she's in st louis hi christy how are you hi james how are you better than i deserve what's up in your world well we have a potential change coming to our family we own our home and my husband uh they may be his job may be moving us overseas for two to three years and our question is given the current housing market should we rent knowing that we would come back here afterwards it's kind of a rotation should we rent our home or sell it huh well the um the downside of renting it is that it is i've done this okay um and i didn't move back in but the home that we lived in before our current home is one of my rental properties today and i'm i've owned rental property for 30 years okay so i'm like a professional landlord so it shouldn't bother me but i'm just going to warn you it's emotional when you go back to your old house and it has had a renter in it it just it's just emotional because even if they were the best runner in the world they didn't take care of your house the way you would have yeah does that make sense i drove by my house i drove by my house that i owned the other day and i thought i think i'm gonna have to buy the lawn care because i can't stand those bushes looking like that that's me you know what i'm saying yeah it's that kind of stuff it's like your kid's bedroom ooh look what they did you know that kind of thing now you can do it but i want you to be prepared for the negative emotions that are going to go with this this is not just a financial decision because it's your home then it's not your home and then you're going to come back in and you're going to spend a pretty serious amount of money making it your home again well and that was what we were thinking because you make pretty good money overseas and then coming back we thought well we'll set first we're thinking we'll sell it then we'll just you know find another place to live when we come back i'm a little fearful i'm not sure there's a housing shortage or something no i don't think there's a matter of fact i think it'll be a better market for you to buy in two years from now or three years from now because i mean i've never seen the market in 35 years or 40 years in the real estate business i got my license in 1978. i've never seen it this hot ever so i mean but it shouldn't last more than three years that's right i don't think it will it's good it's coveted and supply demand related is what's driving the now i don't doubt that the market will be strong but this white hot craziness where you get 27 offers on a house in 48 hours stuff uh i think that'll be gone and you can take advantage of that right now and get one of these crazy people to give you crazy money right yeah well that's what we like to do yeah and you know and it sounds like you're not married emotionally to this house we don't love it okay let's sell it okay and just get you a nice good one when you come back in two to three years and use all this you know use some of the income to pile up to move up in-house maybe yeah that's a great idea yeah and uh what will it sell for well we were gonna try for five okay so you won't have any you won't have any capital gains because married filing jointly up to 500 000 of gain is tax free on your primary residence oh nice okay so you any money you make on this house is free and clear along with the money you make you pay taxes on overseas but um you know you'll pile all of that money up and you'll come back with this bankroll to do another deal and you'll get a house you like a lot more all right well thanks i feel better about this yeah that's what i would do if i were in your shoes listening to your story so what's your husband do um well he works for boeing um yeah and so they like to move people around every now and then so okay good very cool very cool yeah well hey thank you for joining us and you guys have it sounds like a great adventure have a great adventure that's cool katie is in houston hi katie welcome to the ramsey show hi thank you sure what's up well um we're on baby step five and are thinking of selling our house and buying an rv to travel with our new baby and i thought i could get your thoughts on this i have a couple things i'm worried about and wanted to know what you thought what are you worried about well um i'm worried about paying for my name i'm sorry i didn't hear you you cut out you're worried about what sorry paying capital gains you won't have any capital gains what is your home what is your home worth well it's not that it's i haven't owned it for two years oh okay well yeah you will um have you have you owned it for one year yes okay you will have capital gains not ordinary income so what will be your profit well um i own 60 000 on it what did you pay for the house 225. what would it sell for i think 260. you won't have any heart i mean by the time you you sell the house for 260 and you have expenses you're not going to make much right and so let's pretend that let's pretend that you had 15 000 of expenses okay that means you're gonna have a gain of twenty thousand dollars at a fifteen percent capital gains rate that's six thousand dollars whoopty dumpty okay that's not that's not a reason to not make this decision now what is the deal with the rv and a baby that sounds like hell to me you might be right um it sounds like a good time because he's not in school and honestly as a former kindergarten teacher i feel like i can plant the basics for him and he's he's mobile he's easy now in fact you can probably hear him in the background he'll be nine months uh on wednesday yeah and so what does your husband do for a living uh my wife is a police officer okay all right and how are you going to be living in an rv and the police officer show up for work well you're not going to be rving all over the country you're going to be parked we're going to be parked for the majority of a month and then on the weekends of texas we have lots of options of where to go for short-term weekend trips and then during the summer and during holidays she's in a position where she can take an extended week or two weeks here and there and so this it's kind of a five-year plan for us okay um you can do what you want to do it's your life okay uh but you made the mistake of calling me and i'm an expert on my opinion so i'll give you that that's why i called so i'll give you that that capital gains are not a problem here the rv goes down in value it's a really bad idea to buy an rv for the plan that you have because you're going to lose your butt on that thing during this two year period of time you'd be better off to rent one occasionally like the two week or three week period of time when you've got some time off to go and rent and go to a go rv and let someone else take the butt kicking on the depreciation because the things are hard to get rid of once you own them and you'll lose your you're going to lose your you're going to lose your butt on it um and what do you think about renting it i'm sorry i mean renting it just for that short period of time on the weekends and stuff if you want to rent an occasional thing but i think you keep your house and let it go up in value and have a nice quality place during the week to live in instead of living in a tin can with a baby well we were thinking about renting it when we weren't using it yeah that's a really bad idea you got liability out the butt the thing's gonna lose you're gonna lose your tail on this you can do it whatever you wanna do but i i gotta tell you if i were you i would enjoy some of those times away that you're wanting to do and spend my money in different ways rather than losing it on an rv and i think you'll have a higher quality of life especially during the week doing that i would keep that house if i were in your shoes you do whatever you want though that puts us hour the ramsey show in the books we'll be back with you before you know it in the meantime remember there's ultimately only one way to financial peace and that's to walk daily with the prince of peace christ jesus [Music] hey guys this is james senior producer for the ramsay show did you know over 18 million people listen to the ramsay show every week and a lot of those people listen on one of our 600 plus radio stations across the country to find a station near you head to thermsyshow.com [Music] you

Channel: The Ramsey Show - Full Episodes

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Id: 9I2eFgwRzoo

Length: 121min 50sec (7310 seconds)

Published: Mon Jul 19 2021