Normal Is Broke... Do You Really Want To Be Normal?
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a bonus session.

Live from the headquarters of at ramsay solutions. It's the ramsey show. We help people build wealth, do work that they love and create amazing relationships.

I am vital cruise hosting at this hour with my good friend beling off or jay warshaw, and we will be answering your questions about life and money, relationships, career. So give us a call at triple ate eight, two, five, five, two, two, five. So we're onna start off in spoke in washington and we're talking to jewels, high jewels welcomed to the show.

Hi you.

How are you doing?

I'm OK. I'm just a little bit stress.

All right. How can we help .

though i'm a single mom on government assistance in under some really stuck in like the system.

Okay, tell us more about what what you're receiving and what's causing you to feel.

So that's like so I have food stamps and then I have like medicated whatever for from me in my my kito. Um but i'm just one in stuck because I had got in a job over like this summer working at like a daycare um and I couldn't accept the position because I 人的 谁 都 看， like I had to run the past my complex because I live in my apartment and they day up your brand like a percentage of your what you're .

making yeah and I had told them like .

that that when I moved in my apartments around April um that I was getting out before at the time and was um which was like I don't know six hundred dollars。 Then they can sorry, this confusing, they can adjust that and tell another year or so they can fix that. I'm not getting child support anymore.

so the six hundred dollars stopped and now your rent is higher. Okay, so tell us.

So I had to give up my job, so like to keep my benefits. And um I had gotten my son daycare but the daycare funds for low income are now not they don't have any funds. What is your like? Okay, what is your? I don't have any. I D say like my mom health pay for my car, my own o and then I I get maybe two hundred dollars to support .

maybe okay. And what are you making?

Oh, nothing.

Why not? You don't have a time. So because what you're saying is when you went to actually start working, then you basically Price yourself out of the situation you're in from your apartment to everything else. Is that right?

Right.

right? So like how .

quickly how quickly will you rent? Because you said I will take them a year to realize that you're not getting the extra hundred dollars a month. Will they will that same be on the other end that if you start working and making money, will they raise your rent? Yes, okay. But why would they raise IT but not lower IT depending on your situation?

I don't know onest. Ly, i'm really confused about .

IT because yeah, I would get I would get some information because here's a because here's I could I could understand and like the rock and a hard place that are in of like, okay, I start this track of actually making some money, then the life as you know, IT will change. But I want to encourage you, the life as you know it's um will change to something Better, something that you have way more say over your life.

You have way more choices and options and freedom opportunity to do some amazing things. And and so that that jump is gonna be scary. And I want to help you a oque.

We just have a few minutes try to set you up well for when that jump is going to occur. Not, not if, because I do, I want you, I want you to be working, and I want you to be able to support if you have one child. yeah. Toler almost two. okay?

And your mom's helping you add .

a little bit with child care. That sounds like.

well, SHE doesn't help me with childcare, just with finances.

okay, just with your phone and in your car. So with your car, you have a car payment that she's paying or SHE helping you just with gas and everything else.

just with gas and like insurance. Okay.

okay. Um so I think I think the way we work this .

backwards and we're going to give you all the materials that you need to get get started, but the way to work this backwards is what's what's that thresh hold of you losing your benefits. So figuring out that what that is and then figuring out, okay, if I do that, how much more do I need to support myself? Have you kind of a done that math and said, here's what I need every single month in order to survive?

Absolutely no. I have done the math and I when I had a qualified for that job, I actually SAT down and went through all the finances. K, and like i'm in counsellings, I go to like doctors employment and things like that.

And I kind of did the math. And as I okay care, i'd be losing more than I was making. And then the insurance for the new job wasn't kicking .

in until ninety days. okay. But what do you need? What is that? What's the number that you say? If I get thirty five hundred dollars, four thousand dollars a month, I will be able to pay my rent, my car note, my kid goes to daycare, and I know we have groceries that you covered. What is that number?

So I haven't. So I didn't take good job. So I kind of lost track of the finances like ball, I A you like .

honestly .

how much I maybe a thousand because i'm thinking like I my phone, I would pay all yours what .

housing Price yourself of the current situation you're in?

yeah. So .

we're talking about .

a situation, jos, to be clear, we're talking about a situation where you don't have government assistance, where you are paying your rent, you are paying even. That's right. I'm talking about a situation where you pay for everything and you're .

no longer eighty two thousand.

okay? So you need two thousand dollars a month. So what I want to encourage you is that out there it's out there today and it's it's going to require you making working more than forty hours a week, possibly.

But I mean, you can go over there is a lot of places like walmer and even fast food that paying over eighteen dollars an hour. If you can work your way up. So it's out there.

I think right now, the biggest thing that you dealing with is this kind of mental block because you're used to this and it's very hard to get your mind around something that you've not really experienced, right? And you're like, oh my gosh. H, I need I need this and the truth is you're not far away from being completely free from .

this yeah and and I would tell you gills to we, especially when IT comes to money, the more facts you have, the the easier, in a sense, being able to a process to make decisions becomes because when it's just the idea of like, gosh, I don't even know how much we spent here.

I don't know what apartments will cost of like to jade point earlier, your homework would be to find actual numbers, actual numbers of a one bedroom apartment somewhere, actual numbers of how here's really do what I spent at the grocery and per week. Here's what I think IT will be. And IT doesn't sounds good.

It's not this. I don't think it's gonna be this a outrageous number? You may just like what you just quoted.

I see even I like twenty two thousand dollars a month. I mean that's twenty five thirty grand a year after taxes. So like that that is very, very doable tools.

And so um if you stay on the line, kelley's gona pick up because we want you to be able to have the information to help you so will give you financial piece university, which is our nine less and course we can give you every dollar, which is every doll premium, to hook up to your bank to actually create a budget. And when those transactions come, Angels actually track them and drag and drop them and start telling your income when you get a job. Hey, this is where this is what's going.

And then we'll give you some material because there's a gig clear session. And I want you to take this show because I want you to have the see yourself and your gifts and what you're wired to do and find a job in that lane. So we believe in you, georgia, do an incredible job as a mom. So send the line, Kelly. Pick up.

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Twenty twenty five is just around the corner. So listen up that posted that you wrote your goals on for this year that probably not cut because goals that can be intimidate, keeping up with, uh, knowing where you're ad in the progress that you're making IT can be hard, but if you make them specific and measure, that's always a great way to achieve your goals.

And the twenty twenty five rmc goal planner will help you break down your goals so that you can actually see road progress when IT comes to not just your money but also you're faith in relationships. And so it's packed with really great monthly teaching from myself that to john loney and right here, jade, to keep you motivated. So this this planner IT is a IT is a is happy planner, you guys because I mean there is uh monthly and weekly calendars, stickers, a vision board goal setting system saving struggle.

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It's really, really great. So going to rain these solutions, not come store or click click the description if you are listening on podcast or watching on youtube. I let's go to anna muri islands in florida and let's talk to amy. Hey, amy, welcome to the show.

Hi.

how are you guys? We're doing great.

How can we help? So um i'm a little confused as to where to go on to properties. Some one of them is on the island and um that property I owes about four hundred thousand on is worth seven hundred thousand.

My my monthly payment with H A and everything is forty five hundred. Um I own another property just over the bridge. It's a bicycle de to the beach that isn't airbnb property i've been um making about twenty thousand um a year on.

But um I don't owe anything on that property that is worth about six hundred and fifty thousand. Um what I am thinking of doing um is um so i'm my property on the islands. Um I kind of tired of the H A stuff actually.

I'm in the process after hurricane um milton renovating my airbnb property right now and I thinking I want to move into IT wo thinking of under on the island and moving into the house just over the bridge. Then i'll have no no house that um I have two hundred thousand in cash after the renovation left over. And then if I told the kind though I would have, I would make three hundred thousands profit up of that so I have a half million um really dead I have is my car which I just bought in.

Um I know that is it's kind of against daves rules. I know that I bought just thought a new ARM and infinity. I was seven thousand or not, thirteen dollar a month payment um I have a seventy thousand I R ray, a twenty thousand dollar fidelity account.

So what's wrong with what's wrong with doing this deal in in moving into the R B L B N B and selling the one on the island? What's wrong with that?

Um uh it's not what's wrong with that. I think that I think that's a smart decision. The question I have for you guys is um so i'm a real state broker. I've done in real state you know renovations slip down on on my life. I'm a single woman, twenty five years old um if I did this move in, my condo actually sold and I got into the house half half a million and I need to know what to do with that because I am most likely to want to buy real estate infected and do all that. And i'm not knowledgeable at all about the stock market and i'm trying to just wrap my brain around all of IT and learn because i'm getting to the age where I want the money to work for fine.

Yeah for sure. How old are you?

five?

okay. And what do you do for for a job for you think? Oh, that's right.

You said that. I'm sorry. Uh, how much do you make a year doing that?

Well, that that very, very a lot Better. Anything from one hundred grand of three hundred grand a year.

okay. And then your primary residents where you live now, what is the situation there?

So um this condo on the island is um we I O um what is that .

where you're living? Is that condo there?

My .

primary and .

oh sorry, I got to here.

Yeah that's great. That's great. okay. So the five hundred thousand or cash um I mean, what I would do honestly with IT is I would take some of that. I would diversify IT. And I love the idea that you like real state and maybe because I come from a real state family.

But I think it's a great I think it's a great option to have, especially if you know what you're doing and a lot of people don't, but you do because you live in this world and it's great. It's a great way to invest. So I would take some amy and I would um probably max out uh, a rough I array every year. I would make that part of my riddle. I think it's seven thousand dollars per year that you can do, so I would allocate some money to make sure that you had the cash when that can come out of just your income that you're making anyways, they did not come out of this five hundred thousand.

What is your .

income she's setting from .

one hundred to three hundred? Yeah, yes. So yeah.

So I so yeah so that would that be something I would do? And then I would still, you know, I think your I R A, you have any other retirement investing you like within your brokers, any kind of for a one k or anything.

then I always felt like I I always like I do Better with real state and I do with, like I thought, I have always scared me and is always shown well. And so let me .

tell you this, there is a level of risk that I wouldn't take in the stock market when you think about single stocks and there's to do IT, that's risky in the ways that actually um have weight less risk and you still get a great rate of return on average and anywhere from ten to I mean twelve, thirteen percent. I mean, this past year, the market incredible.

So IT was even more than that, but doing mutual funds, investing in neutral funds, which was just going to be ninety to two hundred stock within a fund. So no single stock investing all of that. So really, you you limit your risk when you spread your money around.

And so that that would be the bet that I would do in me. I would do anything I could to do some tax favorite plans and retirement. So that would be your rough I array yeah. Within your broken age. I don't know if if you do own the broken age or you work for someone .

I on the road, we do so so .

I would look into like I would look into a like a um a step. I I look into .

a couple and I look .

into a couple of options just to put some money and from a retirement sam point, that be it's gonna more tax advantages than just going into the market on your own. Personally, I would do I would allocate some money for that. I would look around and I don't know what real state is going for in your area.

But I mean, if you can find something and pay cash for IT and have another rental property um to the side, I think I think that I think that's a great option as well. Um so get there's there's nothing you can I wouldn't say doing something completely wrong. And well, you took all this money and just like blue IT or put IT all and like one single stock or something, but I think will state and some retirement would be great. But I would also recommend sitting down with one of our smart mester proves we actually just met one. Um and the last break that's here from seattle yeah and a smart is a broken and sit down and really help look at all of us with you as well and just kind of you a long term plan of retirement and long term goals that you may have and be able to let this money work for you in that way as well.

Yeah I think that you're doing well. Um the thought I keep having as know a lump sum is gonna double every seven years so let's say you sold the house on the island, you ve got the three hundred k let's say you drop that in the bank and then you invested the cash that you have into real estate.

I mean, if you do that and you continue to add fifteen percent of your income um every single month, I mean, in ten years, I mean, you're gonna looking pretty good. You're going to have around one point three. And that's just assuming you know you're kind of midway at that, midway pointing your income.

It's not assuming for the months that you're making three hundred or the years that you're making three hundred and above. So you have a really great horizon on this and way to go. Good time. yeah. Yes.

that would be some good numbers to play with if you got to raise these lures to com our investment calculators there and plug in some of the numbers and just say, what if I just invested in all the five hundred years? What be fine except doubled, you know, every seven years is kind of the role. Seven, that could be exciting to you.

And then maybe less work in headache as realize, but if realistic, something you love to, maybe you should take some of this and buy a paid for property. thanks. Thank me for the call.

Hey, you guys, when you go against what society thing is, quote, Normal, like avoiding debt, for example, IT might seem weird at first. And that is totally we want you to be weird if that means you're doing things intentionally, including how you spend your health care dollars. And one way to be intentional, as with Christian health care ministries, C H M isn't health insurance.

They're a health cost sharing ministry that helped hundreds of thousands of families like yours take care of health care costs without sacrificing their freedom. Programme started as low as ninety eight dollars a month. Find out more enjoying at C H ministry y's dot org flash budget, at C H ministry's dot org slash budget. I'll come back to with the rem c show up next. We have a Brant in a since ini ohio hey branch welcomed to the show.

Hi you're actual .

hello how can we help?

So i'm wondering if I am able to purchase um A A car for my wife. We've been listening to own for the three years and upcoming december we can purchase IT for nineteen thousand um the same cars valued at twenty three thousand.

okay. So you've been leasing IT for three years. What was IT worth when you started? I'm just wondering .

how much is appreciated.

How twenty? okay.

okay. And now it's .

worth nineteen.

But you're saying you've seen IT other places for twenty three is that we are telling me.

yes, with the same mind that the same year so looks like a good deal.

Yeah do you have the money and you like the car?

We like the car, but we don't have the money. So we will be getting alone through my credit union. Oh.

and what's the alternative? You just give IT up.

Yes.

my wife's .

very attached to the vehicle. IT doesn't really want to consider any keep option.

Yes, I go head well, yes. Why SHE attached to IT?

SHE just likes that a lot.

SHE likes a lot. Well.

the fact that she's not going to be able to consider SHE sit there with you brand teller high for us.

What's your name?

A ba .

beth? So um yeah I mean, when you put yourself in a position when you purchase something and say, well, i'm just I don't want to look at anything cheaper. You've kind of already made your decision.

I mean, you guys don't have the money and you don't looking something cheaper. I mean, I guess the only thing that you guys have decided at that point is yeah, you're going to take a one out by the car. We would advise you differently.

Um and so you called the show, so we'll give you our advice. I don't know if you're going to want to take IT um because what is really does, you ve been you've been basically renting this car for three years in the most sive possible in the most expensive way. Yeah and I know you know you can't really tell the interest right at least car, but when people you know actually ratio IT out, it's it's t it's it's usually more expensive than if you won't got a traditional caron.

So then you're gonna nineteen thousand alone pay interest on that. And then we're going to look up in four to five years in this ninety thousand million car is going to go down to probably ten thousand dollars or twelve thousand dollars in value. So when IT comes to cars, IT is one of the places that financially speaking, um I mean kind of one of the dumas debt you can you can get into from a financial perspective because again, you're borrowing money, paying more on that borrow money because the interest on an asset that's going down in value versus like a house, a mortgage, right? You take out a mortgage, you do pay interest on that one, but the value of that home is going up at the same time. So the car itself is not a wise purchase to make when you don't have cash for IT. So my next question to you guys would be, do you have any cost available to you?

do. No, we don't. I feel trying to get over some credit or debt.

okay. good. How much how much that you guys have?

We have four thousand on the credit card and then we have um a few monthly .

payments and .

still we're paying off our reading rings which we have that one thousand left over.

O K 好 and then .

we have um a personal longer paying back。 My parents which is about twenty five hundred left. Okay, and i'm doing five hundred every pay, jack OK. So about of january, five hundred month will clear up.

Okay, how much you guys .

make a year close .

to forty thousand a year?

Combine, combined? Yeah is up if you .

both working on my .

White is looking at getting a new job that can make more money soon, but we just don't have the money. Yes, and I don't want to make decisions on, will have more monies later. Yeah, I want to make the .

decision. So forty thousand way, I would take eight nine thousand dollars for a car you can't afford IT.

Do you guys have kids yet?

No, not yet. Listen.

i'm gna throw something wild out here and roll IT over in your minds and in your hearts tonight. But she's not working yet. You don't have children when IT comes time for this lease, like you let IT go.

But if you have to be a one car family for a couple of months while you save up, what's the home that. Just a thought. Yeah, I suggest that my husband united that while we were trying to get out of debt, we got rid of one of our vehicles and we were upside down.

But we ve got a small for IT to get out of IT. And then we had one on just our single car. We paid IT off and then we actually found that IT was doable for us for a quite a while and we stayed that way. And then when I was ready time for A A second car, we bought in, in cash. And for you guys in this season of your life, that actually might work out Better for you than a lot of other couples because she's not really working yet.

And and i'm going to say this brand, and i'm going to be very as kinds and fun as Rachel is, it's come through. But what the life you guys just described to us from a financial perspective only is so Normal. You you you have a personal one to the parents for.

I not sure why you got wedding rings. You don't have money is you just took out alone, you have some credit card dead, you have a car list like this, is you guys are all the Normal americans out there. But the problem is, brett, Normal is broke. Normal is seventy eight percent americans today are living paycheck to paycheck. Meaning, if you miss the paycheck, you don't have enough to cover your bills. So if you guys decide that you wants to continue to live Normally, then what you guys have have so far decided is that in Normal would be to go get just keep the nineteen thousand dollar car because you like IT, that is Normal, and you will have Normal results because of IT.

But what we encourage people is to flip all of that on their head and actually say, what is the weirdest thing we can do? Because if I get the results of Normal, which is paycheck to paycheck living and not being able to build wealth and not being to investor, say for the future, have any amount of money in savings, like I don't want to be Normal, that's not where I want to to be. And if you guys look at each other tonight and say we don't want to be that we want to be people that have no dead.

We have an emergency funds. We're actually funding some retirement for the future. We have a house that we can afford.

That doesn't stress, is how we have margin in our budget, like there's a life that can be created but is possible, totally possible, but you can't get there if you keep doing Normal things. So what jade saying as a one car family for a couple doesn't have kids. Is that inconvenient? yeah.

Is that weird? yeah. But you know what, you don't have a car payment because that car payment on the ninety thousand dollars AR, it's going to be six hundred dollars that you guys don't have, like.

So you have to make different decisions if you want different results spread. And that's gonna mean not taking out alone for a car. For you guys.

The reality is a one car family. It's saying goodbye to my emotions, saying goodbye to what I want and what I love in all the things that got me to this place. And you put on that decide.

And you guys like what adults yeah where adults and we're going to make adult like decisions and we don't have the money. We can't afford this car. You can afford this car rate at forty thousand dollars.

You can't afford half of your annual income going to the value of a car like that. It's not good. That's not wise. And and I would be working like crazy to get your income up and and I would start working to get out of dead. I mean, you guys can get all this paid off your debts, not crazy. And twenty five hundred four thousand, like you guys can get this cleaned up really fast if you just say we're going to be weird and we're going to work sixty hours a week because we don't have kids and we're going take side holes. We're going to drive uber.

right? I'm like, here's brand here. Let me put this in perspective. Here's a couple of interesting statistics about about cars because I want you to never go and to have a car payment again.

Number one, Rachel just said, seventy eight percent of the people living paychecks paychex right? Eighty five percent of people who buy, who get a car take out alone or at least to get IT. And I think that's a very interesting correlation. Almost body is everybody, which is almost the same percent of people living paycheck to paycheck yeah. And for most people, that car payment is about five hundred twenty five dollars a month, which is very close to where you guys were at.

And I know you invested that instead give IT to a car company. Would that be? Well.

think about IT. Most new car payments are over a term of six years. If you had listen to us and invested that money over the last six years, you'd have five thousand dollars instead of a car that that's gone down in value. And so the weird .

brunch be weird.

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I think one of my favorite things right now in life, jane, is I will hear a trends that and not to point fingers at generations gensia will come up with. And you hear and you're like, that sounds familiar. I think we've been doing that .

already a thing.

And one of them was cash stuffing. This was like two years ago, they came up with someone on tiktok was like we're gonna cash stuff, which means you take cash and put IT in different compartments like envelope to pay for things. And they're calling IT cash shopping and was just new like that's such a wise idea. How smart and I was being ever like with the envelope .

has been hard.

We have a product for that. We have a wallet for that. If we went that, another one was like they have it's did they call dinner parties and like and everyone brings a dish so i'm still going on to eat. You bring a dish and you're calling on a dinner party like isn't that a luck? And been doing this like in the about churches.

people like the negative stuff they were calling, like what we would call financial infidelity. They were calling its stealthy spending, like to like .

get around the south of your purchases up. So these these things that have been going on, they just to put a little gene like sprinkle does and extee and make a little big exciting. So there's a new trends that they have come up with and it's now like trending on social and IT is called slow shopping. But where IT means you don't just buy something when you want IT, you wait to see if you .

really need is what a concept .

vetting a purchase. So as slow shopping, it's become a big trend .

now on the but the .

idea is that, again, h shoppers are now cautioning each other to be slower when they're making purchases, not go off of emotion. And even if there are deals and promotions, still wait to see if you need IT don't fall for those traps wow um which is very smart um so yeah the the whole idea of spending and consumerism um has always been something we've talked about here but the slow shopping um yes, we're all for genee.

This is wild. This is wild and crazy to me.

And then and then there's another one, and they're ready for this one, OK. This is on tiktok. This is the latest financial trends called under consumption. Core is what they're calling IT, where IT basically means that you don't buy anything.

that you don't need .

what a time to be. So you just use what you have already and that's all. If you you know actually have something you need, then you can buy IT. But if it's just something you want, we're not buying them and they're were calling that under consumption core, what you're going to been around forever.

Jae, you know this whole idea like um you being more part I call I don't know I hear these terms and i'm like I don't know I don't know what IT means OK coldly may be able to tell us SHE I feel like she's like in the trains either. Yes, but under consumption cores what they are calling IT. So again, this consumerism in this idea, what we've been teaching our remedy for decades is yes, if you don't have the money, don't buy at your needs versus once is always something to consider because there will always be a new and Better thing.

But if you don't have the money, don't buy IT. So i'm glad that genes is good, good. And IT reminded me there's a saturday night live.

Old, get old, get with like Steve Martin, oh me, polar, I think do we have? Okay, so let's play that. This reds me.

I just can't get these numbers to add up like we're never gonna out of this whole credit card. Dead does IT ever end. Maybe I can help.

We sure can use IT.

We've tried debt consolidation companies. We've even taken out loans to help make payments. You're not the only ones.

Did you know millions of americans live with death, they cannot control. That's why I developed this unique new program for managing your debt. It's called don't buy stuff you cannot afford.

Let me see that if you don't have any money, you should not buy anything. Mm, sounds interesting, sounds confusing. I don't know, honey, this makes a lot of sense.

There's a whole section here on how to buy expensive things using money you save. Give me that. And where would you get this saved money? I tell you where and how.

And you after three, okay, but what if I want something, but I don't have any money. Do you don't buy IT? But let's say, I don't have enough money to buy something. Should I buy IT anyway?

No, now i'm .

really confused. It's a little confusing at first. What if you have the money? Can you buy something? yes.

Now take the money away. Say sorry. No, you shouldn't buy stuff. When you don't have the money.

you go. What a concept.

Such common sense, such common sense so yeah amErica follow generes know when you're gna buy something, especially this holiday season, be a little slower with your purchasing. Make sure you have the money for IT to and you know if it's not a, if it's not a need.

maybe you skip IT.

maybe you skip IT and live in that under consumption core trans. And just so great, I feel like I .

should just be under consumption.

Yeah, I don't know. That's IT to two milllion. wow. okay.

Oh.

all right. Let's go to santa anio, texas. And Regina is with us. Hey, Regina, welcome to the show.

Hi, very stuff. I'm twenty six. And the fact that they only know about the other consumption makes me so old. But you also forgot about the the influences of influence people.

yes, I love, actually really like that. The influencing trend?

Yes, say, well done. Thanks for gina for keep in us Young, I got you. So good, so good.

How can we help? So yeah, so obviously right now I am really not obvious, but I want to show now. So I am at crazy right now and i'm in and I feel like I don't know if i've made his name of sword just yet, but I do know that a lot of my friends, they know i'm on IT and they support me.

And I feel like some have been trying to find the word about IT, but I have a little cousin. And, uh, he looked up to me a whole lot. SHE just turned eighteen.

SHE just ended her college for the first year. And I really wanted try to go about that conversation. I financial with her because anyone, I was eighteen and my prey funa bob was in developed at right, like anything that anybody would tell me.

I was like, yeah, yeah, yeah with my mom, where he told me not to, you know, get dead. But he also, I remember her telling me that I could get a critical, so that's all I remember. And so .

i'm oh no, oh no to be loser o make on hold. okay? Yeah, shoot. Okay, Regina, we're going to answer question. I think our phone system just got a little .

like old school fax machine.

Talk through this original m so sorry, we had to cut you off because of that, I can ask any follow ups. But yet to be a great influence, I think, is, number one, I appreciate you even thinking about people in your life and saying, oh, gosh, I know someone does look up to me and watch is my decision of making. And I want to be able, able to help them when IT comes to this.

So first I give you my number one is always, always, always people are going to see what you do more than what you say. And so she's going to be watching you do this and and SHE maybe watching you you take on the extra job to pay off that SHE maybe watching you saying no to a vacation of all your friends are taking and you're like that i'm going example in of debt like as you live this out that is going to speak so loudly because even like your parents, yes, they're like they may have said something. But then also they are like, yeah, get a credit card and they probably live with credit cards and live with some debt. And you just kind of follow what you know and what you see, how people act as you watch them. And so but you just simply living just know like that is a great starting point because she's going to be seeing what you're doing and realizing, oh, she's not stressed about money yeah cover gina has has margin to spend and she's like saying no to things and she's going to be watching your decision making.

I agree. I think seeing that, I think there's a couple areas that, that really applies um and rarely enough. I think it's the same areas that we talk about couples being aligned on.

People don't like for you to just strike up a conversation out of the blue about their money, their politics, their religion, how they raise their family, right? It's like when you do that, it's like why? Wow so to just like even if it's in love, like bringing IT up a kind of feels invasive because those topics are extremely invasive. And so I think Rachel s exactly right. Let your actions speak louder than your words and they truly will like rude you know, a tree by the yes.

And if you guys do have a great relationship, you know sitting down with her at lunch and just tell you what you're doing and just being like on my gosh, okay, I found as you show and i'm so excited about i'm paying and talk about what you doing and not point the finger out at her and just save if you ever have any questions please like call me I want to talk about this and I would love to help if you want help.

I'm for you just offering that door open. Thanks for gina for the call. Thanks, everyone in the booth. Thank you, jane, for a great hour, and we'll be back america. This is the realm sy show.

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solutions. It's the ramsey show where we help people build wealth, do worth that they love and create amazing relationships. I immersion raise hosting this hour with best selling author jay warshaw.

And we are answered your questions about life and money and relationships, career, anything and everything. We are here for you. So first up, we have staci a in nashville. Welcome to the show.

Hi IT stays.

so stay time. Sorry.

you're probably fine. I've heard IT for all thirty three years my life. I got first and former. I unapologetic, seen and growing. You write to some of my favorite host and ever in history .

the whole so so lad and glad were here for you today.

Solution, they keep. Thank .

you.

Yeah well, I am just a little context. I haven't following the principles of since I was seventeen. I'm thirty three now wow um two thousand years away from .

being a baby. Seven .

million oh my god, amazing actually call you today because I have anyone help to ask this question. So um I am in baby septic, my housing. I am baby that tic we are about eight years away from paying off hopefully.

Um and I know you will say I know the control inside now, but I know you will say to not purchase a second property until your first property is paid off. And so we are in a predicament where we want to purchase land and then eventually build a small home on that lend. And so we would love to like fifty thousand dollars at purchasing land.

But i'm wondering and how to navigate big purchases while in baby static, do we just like state gung hole for the next eight and a half years with like every extra inning going at the marriage? Or like when do we have permission to gave up a good chunk of money him make a big purchase? And is IT OK that big purchase is toward like one component of a second property?

yes. Great question. Is the fifty thousand dollars will that be enough to cover the land that you're looking at?

So that thing i'm from that very, very famous with east community. So like we we know exactly what part of town outside of cinema or see that we will want to purchase. And so if and when the right land team available and we were able to jump on IT, I want to be able to come.

And right now, a lot of land and is going for a lot less because people aren't buying houses, primary houses in the best thing, not buying secondary property. So land, house and cheer. And so i'm trying away the options of like, do we go ahead in my jump on IT if something .

and when you say jump on IT, when you say jump on IT, is that is that permission to buy something that's more than fifty thousand dollars like more than the case you have?

No we have so we have that task um on top and that what I we have our emergency fun and we have on top of our .

merchants .

y fn extra cash and you throw that up. The more did and mayor.

Yeah, because the land would you guys want to in your perfect world? Would you move there before eight years? Or is this like in twenty years? no.

So this would just be a second enjoyable. But we look in the city you live like great downtown and east national OK. This land, this land would be like a little getaway space for us to share with our family and for ourselves just .

in doing for us.

But when would you .

start building on IT after this first mortgage paying off? For what are you thinking?

Yeah ah I was exposed with the .

second home like so that has to wait until the mortgage I do like how do you like wise to go about IT? Yes, I think it's wise .

that you're paying cash IT sounds like it's reasonable. You have the money to do IT. And I think IT really goes back to that teaching of once you pass baby step three things kind of euro, able to live your life when you're able to focus on the things that are valuable to you and that you want to spend money on. And in this case, you're gonna continue to pay the house off and you're not building the residents before you're figure you out your primary residence. So for me, it's I I would do the same thing if I were in your .

shoes and I heard about that yeah and is fifty thousand dollars, which is a lot of money but it's also like that the Price of a new car for some people, they replace their car. So yeah, it's not like we're talking about five hundred thousand dollars in the house. Could your primary presence could be paid dots today or something? It's a reasonable amount of money because how much you guys .

make a year um combine where at three ten.

that's great. okay. Yes, I would for sure. I would. Yes, I would save. And I I don't even go a little further because I such a little Better that to really get what you guys want long term.

If if you're looking other properties are like gosh had another ten thousand like that would be that like like don't because you're not in a rush. Don't cheap in the purchase by just being able to say we got IT. So really look, and i'm sure you guys have done your research and maybe fifty grams just enough in that it's perfect and you're getting shopping slow shopping to be able to get you know.

So maybe fifty gram really will will get you guys exactly what you want and that's amazing. But I would also say you guys make great money yeah you're in baby step set. You're doing great. And again, if you're like you have a ten grain Moore and we invite disciplined and don't let IT go crazy but like ten grain Moore would really get us this view here is that, you know, whatever is, maybe even postle a bit, save up a little bit more and get what you want as well.

What do you go on your current house? Just curious.

We own five, five.

fifty OK. So you have got to .

on try yeah we've got about eight in a half years in my hug annual bu ses. And sometimes there thirty five, sometimes six. So what we use is like we just a day salary in the domus can to go to want some of the mortgage or they can go to the purses.

And so we know that those time every year. So like, okay, we could add that and that could be extraordinary wards land you know and piece land or you know it's not going to move the middle eight time um and how early we pay off the house and for pay dress. Now I mean.

the good news is the good news is and i'm not saying that this will happen IT doesn't sound like IT would, but the good news is if you were to purchase something and then seven years from now, if you change your mind or something in your life changes and it's something that's gone up in value, hopefully, and you could sell in, you know, you won't have lost anything. So because a lot can change in eight years is true. But yeah, if I were in your shoes.

I do. yeah. Would you guys use the lands between now and eight years just to go?

I don't know, and camp at all that you would use the land. okay. Yes.

where we want to follow them.

that's.

Um but I just I I look at you know what outside the china is over time and people have the they are going a little bit keeper um and we don't need to you, we always come on what is inclusion. So it's just up in the air. I just trying to get per quote and permission um to make a large purchase even if IT is associated with the second property. I absolutely one god you .

called because yes, you have our permission because you're paying cash and it's a reasonable amount compared to what you guys make in overall your financial life.

So it's not adding risk.

Yeah no, it's great and congratulations. Well done. That's always refreshing to hear. It's kind of the first generation of hey, we're doing something different with our money and and here that too, since e's seventeen, she's been doing this maybe not as aggressively in high school as you are when you're working adult, but this is a marathon that is a long term play. Yes, they are rithmetic your life. Would you adopt good money habits? And you get to be a point to say, yeah, you want so and so gd, you called this is the rami show.

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Welcome back to at the rem c show up next in a boon, north CarOlina. We have a sea on the line. hi. Sira welcomes to the show.

Hi, thank you. absolutely. How can we help? Um so my husband and I are living paycheck to paycheck and I was introduced to day were empty for my grandmother. Now I have been trying for the past six months and i'm stuck on baby step one um and we're not getting anywhere. We had half of baby step one and then everything happened with the hurricane e and we're back to zero rebais .

hit hard with with one of the towns. So .

sorry, it's okay that happens. But and I feel like we can't catch away and living paycheck paycheck is so hard for us. I am a full time student um college student and twenty nine and my husband works full time, sometimes even over like over time shift just so that we can get by. And I I don't know what to do anymore.

What's he bringing in in come .

about forty nine to fifty thousand years.

Okay and when you graduate um I have .

about five semesters with i'll be finishing up in twenty twenty seven OK.

Well okay are you are you working at all, sir?

Um i'm not but I pick up at sitting shift um to try and bring in some money. I tried a full time and full time college and he destroyed me.

Okay, what are what are you getting your degree .

in um biology?

And what's the goal with that? What do you want to do?

Um uh I want to go work on the coast as mine BIOS.

wow.

Okay okay. So you he's brain in fourteen thousand you're doing pet sitting. How much do you guys see a month like after taxes, after everything? What does that look like monthly for you?

Um it's about three three thousand five hundred.

okay. And what how are you guys living? Are you renting what you pay for rent?

We are renting. We pay a thousand months here.

okay. Yeah, this is tough. The solution that you're looking for.

I mean.

people live paycheck to paycheck for different reasons. Sometimes it's our spendings out of control and we've got to rain the budget in and in the spending in and sometimes IT really is a income issue. And it's in this case, I think you're creeping up on an income issue. I'm just wondering what is what is your husband doing for work? What kind of work .

does he do and he makes fiber .

optic table okay .

in in you study outside has so too .

what's that um he dared ashes okay.

So i'm wondering i'm wondering if both of you need to sit down and kind of figure out, okay, what do we both need to do in order to make this work because to your own words, it's not sustainable. Are you guys going into debt? Like how are you covering the overages?

Um we are Jordan hing Henry chance that we can get OK just so like I can get to class and we can get food and sometimes helps us out OK. So there's not .

you're covering the overrides then. So there's part of this. There may be more that you can do income wise, but there is part of this where you've said, okay, i'm going to go to school for the next h three years and i'm going to become a marine biologist.

And by me doing that, here's what we've decided. My income is limited and he's in his career right now. And so there's part of this that you guys have decided you by choosing this path.

And i'm not saying it's a bad thing. It's just we've both understood that for the next three years, it's gonna extremely tight, but there's a light at the end that tunnel because you're gonna a marine biologist. What's a marine biologist .

make um IT kind of depends um i'm trying to get a state job um and that can range genuine from fifty thousand to seventy thousand OK right?

And how are you paying for school?

Um right now I am pretty set uh with financial aid and scholarships. My body finished those yet and .

for you very .

good through that with ho, i've been in pretty well with scholarships.

No dead. You got have any other debt or any dead at all.

Yes, uh, I have three credit cards, but IT only add up to about a thousand, maybe one hundred.

The car. How much is that?

Um the turtle on its twenty eight thousand and I pay um six hundred and fifty eight .

there is money sell car t and i'm tracing to figure out .

how to sell IT so much sure because i'm thirteen thousand dollars fit on IT.

Wow so you so you owe twenty eight thousand and how much and you're saying you really sell IT .

except for fifteen thousand and what's worth um when .

I had IT because I won't had IT a place, I will always give you a much lower rate than what you could actually sell up private cell for. So go on Kelly Kelly bu booked a com, put in all the info and just see on the high ends what you could get for IT okay. Um so the the dealership told you how much would they pay for IT six .

thousand oh my god.

six thousand dollars and it's a twenty eight and you own twenty eight thousand. What kind of car is .

IT it's a twenty seventeen charity and I have hundred and sixty two thousand million .

OK what .

what is your husband drive? What's his deal?

Um he has a motorcycle that .

paid for .

and um we have a we call out that would be um and it's it's just a really old beater that's also paid for.

What about the motorcycle?

What's IT worth .

about four thousand? okay. Yeah I would OK I think yeah I would be selling this car c era for sure.

And even if it's, even if you could only get sixteen thousand for IT, I would rather have a sixteen thousand thousand alone, then a twenty eight thousand doll alone. Does that make sense? Like that's that's gonna your numbers a whole lot. And if I were you guys, you guys have kids.

We have a two year old.

You have a two year old. okay? Yeah, I mean.

I I might sell the motorcycle and take the four thousand and get a beater car .

for you and then sell your car. Yeah, I mean, honestly, because you can always go back and get a motorcycle again.

but you guys them into your points, I means going to cut that payment down when .

he gets alone for whatever and three hundred dollars a month in again. yeah. So there's and there's decisions here.

And I think jade seat IT up really well um and it's a it's kind of a hard pill to swallow in life but it's understanding that you know as adults we make decisions around our life and not all of bad yet not all of my right or wrong. It's not this. You oh gosh sh, you shouldn't be in school right now.

It's not that at all IT is that we have decided to do this route. And because of that, we're not gonna have a lot of money like we're going to be. We're going to feel broke for three years until I get through school and until I get a job and all that.

And three years, it's kind of different. But in the meantime, what can we do? What other decisions can we make that are gonna be adult like decisions? And that may hurt and they're not fun, but it's things like getting the extra job. But you guys are doing its selling stuff to see what you can free up. It's getting out of debt and you're freed up income.

cutting up this credit card.

cutting up credit card. I mean, it's doing a couple of these, making some of these decisions within the big decision of the lifestyle you guys have made, just to make IT easier here. And that's the thing is we want peace, and we talk about financial peace is what we want for everyone.

And that piece is gonna different depending on, you know, everyone situation. You know, the way they've you live in all of that is a little bit, you know, subjective to a degree. But you don't have peace right now and said, what, I would fight so hard for us in these three years, how can we get some peace and being able to free up some money would bring some of that. And how do we do that? Just list out a couple options from jobs and film stuff in all of IT.

So one is a long term that you've committed to. Like once he starts working, she's got a great pathway to make .

seventy thousand dollars and yeah and then together with your husband, one hundred and thousand taxes like that, the light is coming up, but it's gidding to the light that I think is really key. And what decisions can we make in between? And and these are hearts here.

I understand like these aren't fun. It's not always fun, but it's getting you to a goal that you guys want together. In part of that, is you still being in school? So I commend you for having a two year old and doing this.

And and i'm so sorry about the devastation in your area. We think about you guys so much. So praying for you. Thanks for the call.

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Welcome back to the rams show. Our question of the day is brought to by why refine? Why refine refinances your defaulted private student loans? And defaulted means when the barrel can make the required payments.

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All right. Today's question comes from tresa in wyoming. SHE says my husband, I have five girls under the age of twelve. wow. We have been in our home for seven years, and we owe two hundred and thirty four thousand dollars on IT.

We love our house and three acre property, but in the past few years, the homes on either side were bought by a man who rints them out to people who work for him. Now we have what looks like a junk yard next store. They've also moved a two bedroom trailer to one of the properties that houses more workers.

They dump all their construction materials on their land and regularly burn enormous piles out of IT. I have complained and the county has been out, but nothing has changed. They walk through our front yard and the woods ah, which is our property.

Recently, the police taped off, uh, the woods in a crime scene. Investigator spent the day, oh my god, is there an hours? What spent the day in three hours? There, I guess, is what I should say.

So all of that back story, what should we do? Our riller said that we could sell the home for eight hundred thousand. That's pretty good.

Should we stay because our interest rate is so low and paid off? Or should we put up with around the property? I've got five Young girls to look out for, so please guide me on what to do in this weird situation, right O.

The crime scene, what I got me I would have a lot of questions. She's in why omy. So there's like my mind is going to some shows that i've watched but anyway um I love that this is worth a lot I I wish I knew how close yeah how close the neighbours are. I'm visioning more land, I guess because i'm envision .

ing morning three a isn't like, isn't huge crazy? Crazy yeah.

You know I wouldn't let the interest right keep me there. I definitely wouldn't. I think that you have enough equity that you could probably move on if you want IT to.

And if you're truly concerned about safety, and i'd make sure to get all the information from the county first and say, okay, are there any violations? Are you planning on doing anything? And if they're not, then yeah i'd probably get to step in.

I know yeah you're the primary residence of which you live. Some people there's not a lot of options. So you kind of stuck you know to getting on your situation, but you want to feel safe and like that's the one place that's like you can go yeah and and I have to think and and for your kids yeah you not worried about government yeah yes so I I may talk to him and just see not what he would change but if he's thinking of what his long term plans are because who knows he could say, oh yeah and the next two years and leave in and go and somewhere else so whatever, right? And then this problem is short term, I would not have the conversation with the hopes that you can change the way he does life and all the know how he's lived thus far.

That's not gonna change yeah but I would be curious what his long term plans are if he doesn't have any that I probably be moving just to feel yeah just I mean, have the option, you have great equity and just to feel safe again. I mean, honestly, it's like, god, I just want to enjoy my house in what's around me verses like rolling my eyes every time I go and again, simple table, there is no option and and you will be in the house at the end because of interest rates and everything. So they've got off. Yeah, it's a it's a blessing to be able to say, hey, we can we can actually make a different move. So I probably .

would I I would do I think that there is a sole tax here and yeah, mental calorie tax that you .

can afford to pay yeah I love its but thanks for the question trees some or IT let's go to adam in new york city. Hey adam, welcome to the show.

Thank you. I A question. I actually was settled um I have to dead of twenty eight thousand and total between my wife credit card, my credit or and was out of my car payment um we we're gonna wipe out our debt the mean of we get our our our payment um but what we want to do is we we went what we do. The rest is about close to a happening.

Oh wow, what happened at him?

I really take go on .

the detail. OK sure. Are you?

OK o yeah.

okay. And I am. Yeah, would you have a long term medical issues at all?

I have something that was that okay? Yeah I to the home oh yeah no, I don't want you to.

I'm just thinking for part of this money, if there was going to be ongoing high medical care .

for you that that was my part again OK as make .

sure you have the cast all of that.

yes. And and also .

working going forward, will you be working again? Or are you disabled the?

No, I I O K.

that's .

great. I get back .

to work and to IT.

What is your what's your combined .

in universe thirty?

Very cool. okay.

So you .

will have the .

so no .

children OK and how are you living?

What's your what's your house housing situation?

Uh we have we we right the um expressive area but we have uh think about are all right a close to seventeen .

hundred more OK so you know that .

you wanted pay oh yeah, what are .

you in the city like?

K.

so you know that you want to pay off the dead, which is about twenty thousand, right? That's cars. Get a car and then you're gonna want to put aside three to six months of expenses.

That's what we teach here. That's what we call baby step three. So in your case, i'd put put away six months just because you do have some things medically going on. And if I were you, i'd probably put out my auto pocket max. I would just like having that um that I can get you and then the next thing on the list, uh obviously you should be investing once this is done, you should start investing fifteen percent of your income, your wife and you combine every single months just to set you up for a later on. But with this five hundred thousand, this might be a good time to start thinking about a long term housing situation that's not renting.

Yeah right, right. And do we access any good? So what what we're gone for, what we need and and in the area we need to live. And because the world, we just buy the house in casual。 And as much as we turned down down pain or what .

what are you pricing out? What what is if you look at what you would .

like to know, what's cost, we're baying, paying cash. What should I put in the money work in account? Stay up until we find something you like or just put a nice downy's on something that so we have a lower I wouldn't .

buy something that you you don't like, but I also you want to buy something that you can afford. So that's .

that's that that's what are the Price .

ranges you're talking about. Give me more numbers.

okay. The the the homes that were looking at for for just just my wife and I there they're starting at like four hundred fifty thousand OK.

So what would what would be a number that's like, oh, that that feels like a good house for us, good area to what we want. What is that you had starting at four fifty, but is that what you're thinking .

around four, fifty.

five hundred hundred? That's great. okay.

Does that we are do out that all to spend in out, right? Is that what you're saying is that we are do out to take .

all the time do and then and then and then I feel like I like where household .

of that yes yeah um well, honestly, adam, that's that's probably what I would that's what I would do. I mean, again, I and don't feel the pressure to pay for at all in cash. But if you see a house that you like and you guys have to take out of fifty thousand on our mortgage, I would do that and I will feel house poor. But that means the largest expense in your life, there is no expense to IT.

So you guys.

yeah, you guys can be able to cash flow so much retirement out of this and put so much money in investments. That's what I would do. That would be a huge way to get a jump start on this. That's exactly I will do. Thanks for the call, adam.

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Well, come back to the ramsey show. I'm a ritual cruz hosting today with vest ling off or jade warshaw. And we are taking your calls and up next we're going to the border.

Jade were to toronto, canada. Check with Diana. Hey, ana, welcome to the show.

Hi, how are you?

We're doing great. How can we help?

So basically I am um forty eight. I've got no kids. I'm single. I've got my mortgage that i've got about thirteen .

k last um I .

have yeah I have many investments u m 3 k but I can't touch into five working unfortunately I mean well fortunately that's the right round the court。 But um my thing is I haven't been working for a year. I quit my throne off because I needed to change um my salary is only fifty five case so when I do eventually get a job um you know it's not very high. But um in the year i've been paying my maintenance of my mortgage on my credit line so i've accumulated .

another ten thousand.

But but here's the thing, this is not the first time i've been in this situation. I quit my job before and as you know, not wisely paying my mortgage in my inc. On my credit line, but that's been a little butter for me and then i'll get a job and and i'll pay IT down.

That's such a risky way to live. IT is.

IT is and you know that's what we call cash poor, right? Where you know i'm not making a lot of money, but i'm smart with my money and i'm not paying to get my nails done and stuff like that. I'm you know putting every cent that I have to that mortgage when I am making money.

But here's my main question. I have no kids. I and my condo is worth about seven hundred k right? Why am I russian? Because I only have thirteen k left on this mortgage. Why are rushing to pay down this mortal? I don't know.

I want you to answer this question because you laid out a very interesting plan that I don't understand why you it's strange to me that you are rushing to pay off your mortgage and that you're going into debt to do IT without a job. This is what I would call emergency mode, but I feel like you're kind of live in IT like a Normal lifestyle. When do you plan on working again?

Well, i'm looking for a job. But here's the thing here in toronto, like salaries are very low and i'm being and Cherry kicking.

let's be honest. What cause you to quit your job before you had another one lined up with something bad going on?

Yeah, I just didn't. I was sick of that. I was working for a company eight years and I was tired of IT. But I was, how are you now .

when I need to break? How are you eating Diana? Ic, i'm not being to is honestly, how how are you having money to live?

哦， again, that's why I accumulated to ten thousand because i've been paying .

even paying your mortgage, your lifestyle.

yeah. So that I would accumulated over a year. Yeah, they could have .

been a lot worse.

Exactly exactly. And you know and technically, it's only eight thousand and it's crawling up by rounding up here.

But how did you get buy on eight thousand dollars? Did you have savings?

You know what, I had a little bit of savings and I was technically collecting E I for like six months. So let's O O K is I I got .

so everything yeah so I think that there's yeah I would take a couple of things and I say the rush to pay off the mortgage because you have no other debt with the line of credit, correct? The eight thousand dollars. And then that is that IT.

So the rush to pay off the mortgage, number one, we don't how people to rush to pay off mortgage, their mortgage. We say that IT is in the baby steps at which after you're investing um you don't have kids so there's no kids college, then you would pay extra on the house. So it's not this urgency to pay IT off quickly.

But IT is an intentionality that you wanted pay IT off faster than for americans. The typical fifteen thirty year mortgage. We wanted to do IT faster because your housing line item in your budget, whether it's rent or a mortgage, is always usually the most expensive thing that you pay for every single month.

And when that's freed up, that means you have all of that money. And for some people, I mean, it's a thousand or more dollars. It's free up every single month that you can turn around and use for your life or to invest or all the above right.

So um that's the purpose of paying IT off. It's not if you have kids or not. It's truly a line item issue in a budget.

And when that when your houses paid off, not only is there emotional freedom because you don't have payments, but there's also a financial freedom because you don't have payments. So for me and you, I mean, you, I mean, you have a lot thirteen thousand dollars on a day, seven hundred thousand. And do I an that's incredible time that I want you to work? I mean, I don't want you to sit there. And like the racking of dead and IT may not be the job you wants, but in the meantime, I would be getting something to earn some kind of money to live off of. So you're not living off debt yeah .

because you you plan on living here, right? Or do you have a big plan to sell this and get access to the money? Like what what are you thinking long term and by long term? Me like in the next eight years.

five year? yeah. okay. So in here, something I just got back from to make a because I was like, look, I know it's not wise to add another couple of grand on that on that dia.

You so different.

后 but only only because I haven't traveled in seven years。 You know what I mean? No.

I 对。 And I have to tell you, I don't know what you mean.

You don't have a job that you're going into debt for a location you know of a job. How much was you make a how much was jamaica and how are you paying for IT?

IT was only two brand that was only so so you're .

telling me i'm my kidding. You're telling you telling us this is great, by the way, I really appreciate .

you call them because because you eight .

thousand dollars and you're telling me for a full year you have lived off at eight thousand, I understand six months you're getting some unemployment and you are two thousand or trips. So tycho ics you only had six thousand dollars that you were using. I just know if I believe your numbers. I feel like that's impossible.

Well, eight grant is let's be onest that that that um credit card payment is this .

month so that'll push me over to the .

ten yes that's really has a .

IT yes OK so die. Listen, your smart you have because you you paid down this condo that three and i'm giving you created OK you pay down this condo so you have something in you that works hard and you are smart when you're making an income but you're not me. I mean, this isn't smart the like what you've been doing so far. The decisions in this last year um are are really is just interesting.

That's the ability to ruin what you have built if you keep this up. And that's my biggest feel.

It's a risa in a pattern that's begun. And i'm and i'm scared for you to stay in that long term because be financial disaster. You've made so much progress financially, so much in your life.

I mean, look at your condo and series sly, like it's amazing. I just don't want you keep calling backwards because there's not a job that's paying you what you want. Like just get a job and pay something.

see. And that goes into my next question because my mentality, maybe it's a good thing i'm calling in because I like maybe I should take another year off and just travel. I just my what did look?

Look, I get IT. Travellin is fun. I am right there with you.

Is IT possibly? Is that possible? You don't know what you would want to do professionally. And instead of figuring that out, it's easier to .

just because, let's be honest, I don't want to get another admin customer service position where i'm only making fifty five k you know able to if you could do .

anything you wanted to do professionally, like if there was not no barriers, I think you do.

I don't, I don't know.

I don't know. So you want to go eat, pray, love, journey and figure out and .

all about the travel. I just want you to have .

money to do too. I do too. okay. So this is a fun call. I don't think that we're going to convince you to change your philosophy on life right now. I mean, I hope we can, but I think you I think you're in a mode right now.

but you're really just look because I think because I have the question, because my mortgage because yes.

here's the thing you can. You can earn bad spending habits for long. And although you do have this equity built to your own point, it's not like you're saying, you know what guys, i've got six hundred thousand, you know seven hundred and seven seven dollars of thousand dollars of equity here.

I'm going to to sell IT and i'm going to travel the world and use that as my best. That's different. But you're holding onto IT and you don't seem to have a plane to sell IT. And for that reason, you could look up and really have racked up a lot of debt.

And you're starting yeah, I mean, you're starting in half way to where you are. You're just make you have great progress to keep at IT. So i'd get a job, but I going to hold online.

Kelly's going to pick up, bring, if you can, commons book and in the book is a get clear assessment, because I want you to get some, some focus on what you love. I think you, I think you know, I think you a lot to offer the world, you all for us a lot. So I appreciate the calls.

iana. Thanks to all the guys in the booth. Thank you trade and thank you america. Listed on the ramsey APP coming up the next hour youtube podcast is now.

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