The Ramsey Show XX
[0] the headquarters of Ramsey Solutions.
[1] This is The Ramsey Show.
[2] It's where we help you win in your life, win with your money, win in your work, and win in your relationships.
[3] Excited to have you here with us.
[4] Triple -8 -8 -25 -5 -2 -25 is the phone number.
[5] I'm Ken Coleman.
[6] Jade Warshaw joins me, and we're excited to be here with you.
[7] Hey, listen, we are going to lift you.
[8] We're going to coach you.
[9] We're not going to yell at you.
[10] So safe place here.
[11] We know that you've got a lot of questions.
[12] We want to meet you where you are.
[13] And here's how you do it.
[14] Triple 8 -8 -25.
[15] 5 -2 -25.
[16] Triple -8 -25.
[17] You're ready to go?
[18] Let's get into it.
[19] We didn't plan this today, but we're both rocking sweatshirts.
[20] Ken, I think you stole the hoodie game from me a little bit.
[21] Not going to lie.
[22] Oh, really?
[23] Just a little bit.
[24] So I was unaware that hoodies existed until I met you?
[25] Is that what you're implying?
[26] Let's go to the phone line.
[27] Ken. I thought so.
[28] She's sassy already, and I like it.
[29] Edwin is going to join us in Knoxville, Tennessee.
[30] Edwin, how can we help you?
[31] Hi.
[32] So, this is a bit of a dumb question, I think, but I'm 23 in college, and my question is, should I try and jump the gun and move out before I finish?
[33] Right now, I'm currently living with my parents, and I've got money saved up.
[34] up, planning on buying a car, getting more jobs over the summer to, you know, it depends out well to move out, but, you know, kind of wondering, hey, is it a good idea to move out while I'm still, like, I saw a little over a year left of school left to finish.
[35] So I'm just kind of wondering.
[36] So when you set a question up like that, that means you believe you might be jumping the gun.
[37] In other words, you are a little concerned.
[38] So why don't you share with us what your concerns are, and then we'll walk through that with you.
[39] Just to be clear, are you talking about jumping the gun and moving out or jumping the gun in quitting school?
[40] Moving out of his parents' house.
[41] Oh, okay.
[42] Just checking.
[43] Yeah, just moving out of my parents' house.
[44] So what are you worried about happening?
[45] What would bad, what are you concerned that might happen if you were to do this?
[46] My main concern is I won't regulate my spending habits well, simply put, like, I'll go from, because right now I have little to no expenses, right?
[47] I don't really even pay the amount it would take for rent.
[48] Do you have a history?
[49] Do you have a history in your life, your very young life, of burning money?
[50] Not really.
[51] I mean, I do spend not huge amounts, but I do give more freely than I think I should.
[52] Well, to be fair, you haven't had to regulate your money.
[53] I mean, you haven't been forced to because you've been at mom and dads.
[54] And I'm not saying this in a negative way.
[55] I mean, you're 23.
[56] So you haven't had to be as intentional as someone who lives on their own and must pay rent and must buy food.
[57] Like, you haven't had to do that.
[58] So there is that side of it.
[59] Fair, but I'm driving in on something, Edwin.
[60] Do you real, are you a person who you're real?
[61] I mean, you sound like a guy who's pretty smart with your money and you think caution first.
[62] Is that true or false?
[63] True.
[64] All right.
[65] So my point is this, it's a legitimate concern, but is there any evidence that this concern could happen?
[66] Do you think if you move out that all of a sudden you're just going to get willy -nilly with your money and not be able to pay your rent?
[67] Are you going to become a person who all of a sudden doesn't think, do I have enough to pay my rent first?
[68] Because that's how you are right now.
[69] True or false?
[70] It is how I am right now.
[71] Keep going.
[72] It's strange.
[73] No, it's not strange.
[74] You're a really smart guy.
[75] What are your other concerns?
[76] Jade and I want to hear it.
[77] Let's walk through this.
[78] Thank you.
[79] My other concerns that pile onto this is, like, living at family, you know, I haven't, I've always had a secondhand on the wheel, so to speak, when it comes to having financial help of my life.
[80] Like, for example, the car I'm planning on buying, it's for my parents.
[81] Like, they're selling it to me, no interest, you know, great deal.
[82] And that's how I'm going to get my first car.
[83] but I'm more so worried when I move out.
[84] I won't always make the best decisions.
[85] Listen, what you're describing, what you're describing, A, I want to validate.
[86] Like, it's a normal feeling.
[87] It's literally you growing up and spreading your wings and becoming an adult.
[88] And there is something to that.
[89] Like, yeah, you used to have mom and dad's help.
[90] They used to help you out, you know, with the payment or the insurance.
[91] And like you say, if you're hungry, go down to the refrigerator and get some food out of it.
[92] and you're at that age where you are starting to cut the cord, so to speak.
[93] And I would, to Ken's point, you know, it's okay that you're feeling that way.
[94] And some people are a little bit wired in a more cautious sense.
[95] But part of this is just facts of life in that you are entering into a more independent phase of life.
[96] And if it were me, I would engage you to lean into it and start to make some of those cuts maybe while you're still in your parents' house.
[97] So maybe it is something like, hey, they still pay my cell phone bill.
[98] Okay, like take it back and say, you know what, guys, I'm starting to be more independent.
[99] I'm going to pay my cell phone bill.
[100] Or start pulling back those areas, and then you're going to start to see, okay, I can do this.
[101] I'm getting my confidence under my belt.
[102] And before you know it, you're going to go, oh, this is, like, I can do this.
[103] This is time for me to do this, right?
[104] Are you on campus?
[105] I'm about 20 minutes away from campus.
[106] Right.
[107] And you're living with mom and dad, and so you're going school locally, right?
[108] Yeah.
[109] Okay.
[110] Listen, I don't think there's a right or wrong, okay?
[111] Because to me, you don't sound like a person who's going to make frivolous financial decisions.
[112] I just don't think that's who you are.
[113] I think that if you want to move out, great.
[114] Be smart about it when you don't know what the right move is.
[115] Sounds like your mom and dad have guided you well financially, and they themselves are responsible financially.
[116] Is that correct?
[117] For the most part, yeah.
[118] For the most part, but here's the deal.
[119] You can call them and get you.
[120] an opinion.
[121] But I just don't see you do anything crazy.
[122] Now, if it was me, and I'm going to give you the, and Jade may have a different version for what she would do, if it were me and I was going to school locally 20 minutes away, and I was almost a year out before I finished, and I was with my mom and dad, I'd go ahead and stay.
[123] And what I would do is focus on school and any work that I had outside of school that was making money.
[124] I'd be stacking cash.
[125] And I'd be planning for my exit once I exit school.
[126] But that's what I would do.
[127] do.
[128] I would just stack the cash and then once I left, once I got out of college, I'd be gone.
[129] That's what I actually did.
[130] I mean, once I left school and I didn't graduate, but once I got into the real world, I never came back and lived at the house.
[131] I would stop in.
[132] I was in between jobs, so I would stay there for a week or something like that.
[133] So that's what I would do.
[134] I would stay home and plan for my future.
[135] But if you want to step out now, I'd go for it.
[136] You have the money to step out?
[137] I do.
[138] I know he did.
[139] Well, you're, I'm sorry, my screen says you don't have a car or a license.
[140] I'm just trying to figure out what you do, what you do have in place, because those are pretty important to step out on your own.
[141] They are.
[142] They're very important.
[143] Why don't you have a license?
[144] Back in the family stuff just a bit, the biggest reason is not comfortable learning to drive with my parents and they've been a bit strict of who I'm allowed to learn with.
[145] I've been gracious.
[146] All right.
[147] Listen, for that reason alone, I'm going to make a sweeping judgment.
[148] For that reason alone, I want you to gain more independence because being 23, I want you to have a license.
[149] I want you to save up and pay a car.
[150] And probably for you, getting out of the house is going to be a good thing.
[151] Good grief.
[152] I'm sorry.
[153] You need to have a license.
[154] Ken Coleman.
[155] I didn't disagree with you.
[156] I'm saying good grief.
[157] I didn't know that was his situation.
[158] We were talking about something else.
[159] All of a sudden, wow, we have a lot of issues in that house.
[160] Wow.
[161] Are you working the baby steps?
[162] One of the smartest and most impactful changes you can make is to ditch your cash value life insurance plan if you have one and replace it with a term life policy.
[163] Listen, the only thing a cash value policy is good for is overcharging you for the life insurance and then paying you a crap.
[164] Happy rate of return on your overpayment.
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[171] 800356 -4282 or Xander .com.
[172] Hey, welcome back to The Ramsey Show.
[173] I'm Ken Coleman, Jade Warshaw joins me, and we are thrilled to be together here for you and your questions, AAA 8255 -2 -2 -25.
[174] We're here to talk about your money.
[175] We're here to talk about your work.
[176] income, and we'll talk about the relational aspect of all of that.
[177] And so jump in, AAA 825 -5 -225.
[178] Okay, a couple of quick announcements.
[179] We're always putting out content here.
[180] First, I want to talk about my colleague Rachel Cruz.
[181] She's got this fabulous series planned, I guess, because here's number two.
[182] Yeah.
[183] It's called I'm glad for where I am.
[184] And for our viewing audience, you can see this.
[185] We've got it on the screen here, and I'm holding it.
[186] This is really, really well done.
[187] and this is all about appreciation and gratitude and contentment, the series.
[188] This is, I'm glad for where I am.
[189] And so really, really great stuff.
[190] Great messaging.
[191] It's heartwarming.
[192] Helps your kids be grateful about family and home to really understand their groundedness.
[193] And this is really, really good.
[194] If you pre -order it now, you're going to get access to the live online event, Storytime with Rachel, and Q &A.
[195] So that's really fun.
[196] And then I've got a new book out short.
[197] This is about a 45 -minute read called Find the Work You're Wired to Do.
[198] But what is it?
[199] For those of you who have seen my books before, it's very different.
[200] This comes with the Get Clear Career Assessment.
[201] And so the assessment and this book answer four questions.
[202] Here it is.
[203] Who am I?
[204] What do I want to do?
[205] Where can I do it?
[206] How do I get there?
[207] That simple.
[208] The assessment itself is one of the greatest self -awareness tools in the professional space.
[209] and then this book is written to come alongside of you once you get that assessment which tells you what you're good at what you love to do and what motivates you and this comes alongside and I coach you through right now how do we pick the right destination the right path to win professionally which watch this money audience allows you to win financially so you know what I love about that kid let me hold that book okay what I love about this hear that oh the hard the hard cover.
[210] That's it.
[211] Short, though.
[212] But it's short.
[213] You throw it, 45 minutes, throw it in your backpack, it fits.
[214] Come on.
[215] Love that, Ken. By the way, if you order it before it comes out in about two weeks, here's what's cool.
[216] You don't get a bunch of a million things.
[217] You get three versions of the book, hardcover and an assessment, e -book and an assessment, and the audio book and the assessment.
[218] So essentially three books and three assessors for the price of one.
[219] So you can get that all at ramsysolutions .com slash store, Rachel's book.
[220] Solutions .com slash store.
[221] All right.
[222] Thanks for being patient with the announcements.
[223] Let's go to Grand Rapids, Michigan.
[224] Catherine is there.
[225] Catherine, how can Jade and I help?
[226] Well, first off, it's an honor to be allowed to ask you guys some questions.
[227] Well, it's our honor to be asked.
[228] So fun.
[229] So what's going on?
[230] Okay, so a little bit of backstory.
[231] I am 24 years old, just turned 24 last month.
[232] I am currently four and a half months pregnant.
[233] Oh, congratulations.
[234] I'm going to be a single parent.
[235] And I have the baby step one completed, but I'm 13 ,000 plus in debt.
[236] Can you tell us what kind of debt it is?
[237] Well, there's a few different ones.
[238] I am in debt to family, my dad, my younger sister, and my grandparents.
[239] Credit card debt of nine hundred and eight, sorry, yeah, nine hundred and eighty some.
[240] Okay.
[241] And a personal loan of three thousand.
[242] Okay.
[243] And the rest, the other 10 ,000 or so, or 9 ,000 is to the family?
[244] Yeah, I've got 7 ,050 left to my grandparents, a little over 400 to my younger sister.
[245] and about 140 to my dad.
[246] What kind of, what's causing you to borrow money from your family?
[247] Well, I had some financial trouble a couple summers back.
[248] I got scammed a few times, which caused me to go into the hole with the bank a couple of times.
[249] The first one was in, actually right before my 22nd birthday.
[250] which my grandparents helped me get out of debt with the bank for, which is where I'm still paying them back.
[251] And then that same summer, similar deal, similar scam type, and I was unable to pay my rent or my electrical bill.
[252] So my dad and my younger sister were willing to help me get those paid for those that month.
[253] Okay.
[254] Okay.
[255] You're working?
[256] Yes, ma 'am.
[257] I work as a groundskeeper and student supervisor for my hometown university.
[258] Okay.
[259] What are you earning?
[260] Or taking home?
[261] I'm 14, 28 per hour.
[262] And if I take, if I go by gross, it's approximately 296 a year.
[263] Okay.
[264] You live it on your own or with family?
[265] I live in a one -bedroom apartment by myself.
[266] What's that cost in you?
[267] My rent per month is $600.
[268] Okay.
[269] And how much of this are you seeing in each paycheck?
[270] What do your paychecks look like?
[271] Depends on whether or not I'm able to get OT.
[272] an average paycheck is about 900, 905, 907.
[273] Okay.
[274] And if I'm able to get overtime, I'm only allowed to get about five hours per week.
[275] So it's like upwards would be somewhere around a thousand 60.
[276] So the most you would be bringing, excuse me, is 2000 a month?
[277] Yeah, just about.
[278] And that's after taxes.
[279] That's how much I see.
[280] Right, that's what we want.
[281] Yeah, that's good.
[282] It's good to know.
[283] Okay.
[284] So the question is you're having a baby.
[285] Tell us in your mind what the question is.
[286] How can we help you today?
[287] Well, I know you guys say stop the baby steps.
[288] Well, get your emergency fund down and stop the baby steps while you're in the progress of pregnancy.
[289] That's right.
[290] but I really need to get at the very least the personal loan gone before the baby gets here because that is the only one that has any type of interest on it and it's 18 .6%.
[291] Right.
[292] Okay.
[293] So let's talk about that.
[294] Yeah, you're feeling the crunch of this, right?
[295] You're feeling the walls start to kind of cave in because you're seeing, all right, now I'm realizing the gravity of this decision wasn't good to take out these loans.
[296] And now you've got.
[297] this baby on the way as well um what i want to caution you towards is not falling into the same trap right of i got to do something so i'm just going to do this and so in this case we've got to kind of pause and take a look and look survey the whole situation and go okay if you don't save money and your baby comes you're listen you've got to go on maternity leave there's a lot of things that are going to be coming up financially that you need money for and it does suck like when When you have debt that is accumulating interest, that sucks.
[298] But that's also part of what happens when you pull out debt.
[299] And so you kind of just have to accept that's where you're at right now.
[300] And your A1 priority is saving up money so that you can take care of this baby.
[301] And so that you can have peace around the fact that this is coming and you're financially prepared.
[302] What do you think that number is?
[303] Give her a quick suggestion.
[304] To save up money for a baby.
[305] How much would you want her to save?
[306] Well, she's going to have to run out these numbers because, okay, she's used to making $2 ,000 bucks a month.
[307] Let's think about the fact that you're going to go on maternity leave at least at least six to eight weeks.
[308] Okay, so how much money is that?
[309] That's three months worth of salary.
[310] So you think it's six grand?
[311] It's for sure two months worth of salary.
[312] I'd want three.
[313] Just in case.
[314] And then have we talked to the groundskeeper job?
[315] They know what's going on.
[316] So you've got some things that you need to do to plot this out.
[317] And then there's the cost of having.
[318] the baby.
[319] You know, if you've got insurance, you're going to probably have to hit that deductible.
[320] So there's money coming.
[321] I want you to call your insurance, find out how much it's going to cost for you to have this baby.
[322] I want you to calculate how much you need for at least two months of maternity leave if you don't have paid maternity leave.
[323] And these are the things that you need to have in place.
[324] And when you have that, you're going to sleep better at night when this baby gets here.
[325] And here's the deal.
[326] That means you're going to have to go work more jobs.
[327] You're not just relying on the five hours of overtime from the current gig.
[328] You need to be working all the time right now, as much as you can physically that's healthy for you and the baby.
[329] Gotta get more income.
[330] This is the Rams.
[331] This show is sponsored by BetterHelp.
[332] Hey good folks, the back -to -school madness is upon us.
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[351] Welcome back to The Ramsey Show, where we help people win with their money, win at work, and win in their relationships.
[352] I'm Ken Coleman, Jade Warshaw joins me. We're thrilled to be with you today.
[353] And, boy, I tell you, I never thought I would sort of kind of arrive.
[354] But, you know, you kind of co -hosts the Ramsey show, and we're popping up and all.
[355] all the podcast charts, and I call my mom, and she's so proud of me. And, you know, Dave talks about where we're at on the charts.
[356] But, you know, the show is growing in so many places.
[357] And we just want to say, however you're listening, thank you.
[358] And however you're watching or wherever you're watching, thank you.
[359] Would you help us grow?
[360] You can do that.
[361] If you're on YouTube and you like it, give us a thumbs up.
[362] Right there below the video window, subscribe to our channel and share.
[363] And if you're listening via your favorite podcast app, give us a, a five -star review, and to follow, and that is so, so kind.
[364] We appreciate that.
[365] We want to get to as many people as possible, and it's got something to do with algorithm.
[366] I know what it means.
[367] I just can't spell it.
[368] So thank you very much.
[369] All right, let's go to Friedrich.
[370] I hope I'm saying that right.
[371] I think I'm hooked on phonics.
[372] We'll find out.
[373] He's in Edmonton, Canada, home of the Oilers.
[374] Friedrich, how can we help?
[375] Hey, Ken, how are you?
[376] Good.
[377] Did I say your name right?
[378] Yes.
[379] Oh, it's very exciting.
[380] Well, how can you?
[381] can we help?
[382] All right, perfect.
[383] So is it okay if I give you just 30 seconds of context?
[384] I'll allow it.
[385] I'll allow it.
[386] All right.
[387] Yes, of course.
[388] I'm currently a filmmaker and I'm currently still in school.
[389] I want to do filmmaking as a full -time job.
[390] I have put together a perhaps ideologically crafted plan as well as an advertising campaign.
[391] I understand it will be very difficult to secure full -time status in the time frame I've set, but the whole idea, or maybe it's just the way it conceptualized and so feels a bit delusional, I guess.
[392] My question is, how can I know if reaching full -time is even possible at my current position in life, and how can I know if it is or isn't all just delusion, I guess?
[393] Okay.
[394] So, you mean, is it possible for you to be full -time in the film or television or video production industry?
[395] Am I understanding that right?
[396] Yeah, pretty much.
[397] I mean, I'm turning 16 in a few days ago.
[398] So the answer is, the answer is, Friedrich, of course it's possible for you to be full -time in film, television or video production.
[399] Now, to what level?
[400] I can't answer that.
[401] And you can't either.
[402] There is this thing called the dream, right?
[403] And this is the ultimate, and I'm going to tempt that.
[404] And the process and the journey along the way is really enlightening and still very rewarding.
[405] But the reason you feel this way, and the answer to the question, is this a delusion?
[406] No, it's not delusion, if you actually have some talent.
[407] If you're talented in this area, and that could be, by the way, we're talking about a wide range.
[408] So do you see yourself directing, producing?
[409] Are you more on the editing side?
[410] Are you the cinematography side?
[411] And you're only 16.
[412] So there's no wrong answer here.
[413] But do you think that if I interviewed everybody that knows you, and I'm not talking about your best pals?
[414] I'm talking teachers and adults who'll be honest.
[415] What they say, you know, Friedrich's got an eye for this.
[416] He's always been talented at this, this, this, this.
[417] Do you have base level talent at the age of 16 in this area?
[418] Yeah, well, basically what I want to do is more working for myself as in doing wedding videos and real estate videos.
[419] Great.
[420] It's not traditional film, I guess.
[421] But to answer the question, I would probably say yes.
[422] Yeah, and you're only 16.
[423] How many more years of school you got in high school or whatever?
[424] What do you call it in Canada?
[425] Yeah, two years.
[426] Two years.
[427] So, my friend, there's zero pressure.
[428] and I feel your heart and I can hear your head in your question and I was that way I was the kid that was like dream and dream and dreaming and is this crazy is this nuts is this delusional and if a person ask if it's delusional they're usually not delusional I find that what's the opposite my question to you would be what would make it not attainable mm -hmm like what are the things that make it not attainable I'm just not getting enough clients, maybe.
[429] Okay.
[430] And keep walking that out.
[431] I love this question, Jade.
[432] Keep walking that out, Friedick.
[433] What would have to be true for you not to get clients one day that want their wedding filmed?
[434] I don't know.
[435] Maybe running out of opportunities and people to ask, I guess.
[436] That could happen because we know people don't get married very often.
[437] That's right.
[438] If you're swimming in a shallow pond, you might need to, you know, cast the net a little bit further.
[439] But, I mean, I think that's a good exercise to.
[440] go through is say, okay, what would keep this from happening?
[441] A, I suck at it.
[442] B, I don't know enough people and I don't know how to market to reach more people.
[443] So start writing out those lists and then figure it, start figuring out what it looks like for you to solve those problems.
[444] But, but Friedrich, the fact that you've got the talent, the fact that you're a little bit worried about not being successful tells me you've got really two out of the three in three pieces.
[445] And I think a third piece is just flat out get some experience.
[446] See, what's great at 16, You can just start volunteering your services until somebody hears about you.
[447] And they go, hey, I heard you shot my cousin's anniversary thing.
[448] And it was so well done.
[449] And they put it on Facebook.
[450] What would you do for me?
[451] You go, well, that one was a freebie.
[452] This one's going to cost you.
[453] You know, just start doing it.
[454] You got two full years to show your work.
[455] In fact, I'm going to recommend you get a book.
[456] It's called Steel Like an Artist.
[457] And they get the second book called Show Your Work.
[458] Both of these are written by a guy by the name of Austin Cleon.
[459] They're short little books.
[460] It takes you about 15 minutes, and I think it would be really good for you as a 16 -year -old to begin to go, what are wedding videos or whatever videos that I see that I like and begin to study your competition?
[461] Who's doing it well?
[462] What do you like about what they're doing?
[463] How would you do it differently?
[464] And you begin to develop your own eye, and I don't know if that's an actual phrase, but my colleague here is really a phenomenal musician.
[465] And you at some point developed your own voice.
[466] She became a very, very popular singer, and she made a lot of money.
[467] And she developed her own Jade style.
[468] In other words, she interprets songs her way.
[469] There's no unique song or artist out there.
[470] They're all stealing from everybody, and that's a good thing.
[471] So those two books, steal like an artist and show your work, that's my recommendation.
[472] Thanks for the question.
[473] I love that.
[474] All right, Rachel is joining us now in South Bend, Indiana.
[475] Rachel, how can we help?
[476] Hi, thank you for taking my call.
[477] You bet.
[478] I did the math this morning and realized that my husband and I are not worth millionaires.
[479] Hey.
[480] Come on somebody.
[481] We need some celebration music, James.
[482] You can't just cruise past that like you didn't say what you just said.
[483] That's really great.
[484] We're going to get a little something like maybe it's a hockey sound and the crowd going nuts.
[485] We need some little sound effect when somebody tells us that.
[486] But anyway, we digress.
[487] Go ahead, Rachel.
[488] What can we answer?
[489] Yeah.
[490] So we currently have some real estate and then our primary residence that we owe a little bit on each that's not included in the net worth.
[491] That's not included?
[492] I mean, that's so the debt is not.
[493] So I already took that out.
[494] Okay.
[495] So we have an extra $5 ,000 a month that we have been putting towards just paying those off completely.
[496] week, and I'd like to have it all paid off in the next three years.
[497] Okay.
[498] I know that it's usually recommended to pay off your home first, but we have less on the real estate, and I feel like if we pay off the real estate first, we'd have that extra payment to throw them on the primary residence or to have backup for all of the water heaters and ornets and the little pumps that go back along the way.
[499] Well, why don't you run me through the numbers?
[500] Let's start with the primary.
[501] Tell me what you owe on it and tell me what it's worth.
[502] it's worth 400 and we owe 177 and in the real estate the properties are worth 600 and we owe 98 if I paid 5 ,000 a month we could have can you can you break them out for me can you can you break them out individually that way I can get a better picture so the real estate it's just one commercial loan oh but I thought it was several properties it is it's multiple residences on a commercial loan.
[503] Okay.
[504] So the loan is you said 600?
[505] That's what it's worth now, but we only owe 98.
[506] Okay.
[507] Got it.
[508] So it's worth 600, you only owe 98.
[509] Got it.
[510] Okay.
[511] So, yeah, what are you wanting to do here?
[512] You're putting 5 ,000 extra a month on it.
[513] I'll tell you what.
[514] Here's a deal.
[515] That music means we got to go to a break and we're not finished, Rachel.
[516] So if you're willing to hold on.
[517] We'll come back and allow Jade to walk you through this, okay?
[518] So good stuff there.
[519] Hang on the line and we'll get back to you.
[520] All right, hey, don't forget that you can jump in on the conversation, AAA 825 -5 -225.
[521] She's Jade Warshaw.
[522] I'm Ken Coleman, and this is the Ramsey Show.
[523] We'll be right back.
[524] Buying your first home is a big deal and sets the stage for your financial success.
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