The Pain of Transformation Isn’t Easy but It’s Always Worth It

[0] Live from the headquarters of Ramsey Solutions, it's the Ramsey Show, where we help people build wealth, do work that they love, and create actual amazing relationships.

[1] I'm Dave Ramsey, your host.

[2] Thank you for joining us, America.

[3] The phone numbers, AAA 8255 -225.

[4] My co -host is number one bestselling author many times over Ramsey personality, host of the Rachel Cruz show and my daughter, Rachel Cruz.

[5] Open phones here, again, AAA 825 -5 -2 -2 -2 -5.

[6] Stephanie's in Dallas.

[7] Hi, Stephanie.

[8] How can we help?

[9] Hi, Dave.

[10] Appreciate you taking my call.

[11] Sure.

[12] What's up?

[13] So I feel like I'm on the edge of losing everything.

[14] I have very much been financially responsible to my best extent.

[15] but I find myself in a very difficult career situation, and I'm very afraid of making the wrong step and everything falling apart.

[16] Wow.

[17] Where did all of this loss of confidence come from?

[18] Actual financial facts or something else?

[19] I think it's something else.

[20] I have or have had a great career, but I have been unemployed now.

[21] for eight months what is your career what's your career and so I work in M &A and also let's just say IT what were you making 245 ,000 a year okay that doesn't sound like someone that's about to fall off a cliff to me but then you hadn't had a job very much why honestly it's been a lot of factors it's been a tough job market first of all but But part of the reason is that I'm located in Dallas.

[22] It's high competition here, but also I have not wanted to move.

[23] I've wanted to stay in the Dallas area, so I haven't looked outside of Dallas, and I have two teenagers, but I'm really struggling not to have to move them and change their schools and all of those things.

[24] And so...

[25] You're a single mom.

[26] How long you've been divorced?

[27] That's correct.

[28] I've been divorced over three years, about three and a half years.

[29] Okay.

[30] How long were you in that position, the M &A?

[31] My career is about 25 years.

[32] I've been at the 345 range now for up until now about eight years.

[33] Okay.

[34] What was the cause of the job loss, Stephanie, to begin with?

[35] I was laid off, actually, because the M &A activity went down because the interest rates on companies being able to borrow investment capital shot up.

[36] And so I was actually laid off in December for my company.

[37] And that's also part of the struggle is that that industry is having some difficulty right now.

[38] And it's high competition.

[39] A lot of people that have been without work.

[40] Well, there are people doing M &As without borrowing money to do it.

[41] You know that, right?

[42] That's correct.

[43] And I've been trying to find those people.

[44] Well, I mean, they may not be in Dallas, but you've also got the double.

[45] Dallas is not oil -driven like Houston is, but it is somewhat oil -driven, and that's hitting that market, too.

[46] Okay.

[47] Wow.

[48] How old are the kiddos?

[49] What year in high school?

[50] Yeah, so I have a boy that's 14 and a girl that is 12.

[51] Okay.

[52] All right.

[53] Are there other areas in the country that are experienced, that have?

[54] have more openings than just Dallas?

[55] Yeah, she can get a job.

[56] Yeah, I have started, I mean, that's the thing.

[57] I've started in the last couple of months, you know, I tried for a while to kind of hold on and say, okay, I'm going to try to work this out.

[58] And then after about six months, I said, oh, yeah, this isn't going to.

[59] What are you been living on during this eight months?

[60] Who?

[61] So for the first seven months, I did get unemployment.

[62] Oh, okay.

[63] And so I was living off of unemployment and a small amount of child support that I get.

[64] So it was $3 ,500 a month.

[65] What's it take to operate your house?

[66] So my expenses are $2 ,500.

[67] Okay.

[68] So you need $4 ,000 a month to burn rate, $48 ,000 a year, long way from $250 ,000.

[69] Yeah, so I've been.

[70] I've been.

[71] So you've got two choices, Stephanie.

[72] You're wise enough and you're math -oriented with what you do for a little.

[73] living to know that obviously doing nothing is burning, going to burn through any cash you've got, and you're going to reach an end point, and yeah, you're going to have some of those fears that are currently irrational, but they'll become real, fears of losing things.

[74] Okay, so you've got to get employment, period.

[75] Now, you've got two options.

[76] One is take the same skill set that you're using, because obviously you're an analyst, okay?

[77] You know how to run analysis on financial products and so forth, and that applies to, that skill set applies to a lot of things in addition to mergers and acquisitions, okay?

[78] So you can land a job making 100 if you want to camp out in Dallas until those kiddos finish up their little high school careers and you just make less and that's okay.

[79] Meanwhile, maybe you keep looking in Dallas or the kiddos are moving because mom's going to make 300 in Charlotte.

[80] Atlanta yeah that's okay though they're honey that they're gonna be okay they're they're pretty resilient little characters and um you know their their life is but even 150 in Dallas yeah I mean anything you could land with for survival so I think you probably stay I think you've been staying right in the M &A lane and I want you to step out of that lane and go for a broader swath in your look and in your thought pattern on what you're going to take and then decide am I going to settle for something less using this same skill set for the next five years yeah and finish these high schoolers up is it worth that to me uh because basically you're saying it's going to cost you a hundred thousand dollars a year 150 thousand dollars a year so in order for these high schoolers to stay put you're willing to give up 600 grand yeah i'm not i'm moving a high schoolers but okay i was like i'm staying stay in them other friends yeah yeah no not for 600 but if you're but if you're If you're in a good position, this is the thing is to run your household is four grand a month.

[81] Yeah.

[82] So there, I mean, it's a total choice of values at that point.

[83] Exactly.

[84] You can do whatever you want to do.

[85] But I just, I'm, I, teenagers survive far worse things than moving.

[86] I agree.

[87] But my thing is, if it's something that, like obviously if she was not going to be making enough, if she was making 60 and she's like, I can't even find that.

[88] You know what I mean?

[89] Like, then that's one thing.

[90] I get it.

[91] But you're, I mean, you're totally fine, making $150 more than fine in her position.

[92] But here's what I'm hearing, okay?

[93] If you invested, the extra.

[94] She lived her life for her husband and her kids.

[95] The husband dumped her.

[96] Now she's living her life for her kids.

[97] And her confidence is eroding.

[98] And yet she is an amazing lady.

[99] And I want her to be who she's supposed to be.

[100] And that's good for her kids.

[101] That's fair.

[102] That's good for her kids.

[103] If she steps into who she is, I agree.

[104] That's good for her kids.

[105] I agree.

[106] If they do it in Charlotte or Atlanta, that's not a bad thing.

[107] Kittos, they're okay.

[108] Yes.

[109] Ask people who grew up with a mom or dad in the military.

[110] They live in a different high school every month.

[111] And they did just fine.

[112] I'm not saying that they're not resilient.

[113] I'm just saying she's in a really blessed position to have a lot of, to have those two options of what we're talking about.

[114] Hang on the line.

[115] I'm going to send you Ken's two books, Paycheck to purpose and proximity principle.

[116] That'll give you some reading.

[117] And I want you to get yourself back out there, kiddo.

[118] you need to land something.

[119] It's been too long.

[120] Now, go get something.

[121] This is the Ramsey Show.

[122] Buying your first home is a big deal and sets the stage for your financial success.

[123] So, work with a mortgage advisor you trust, not just some random website.

[124] Churchill Mortgage is Ramsey trusted because they help you avoid hidden traps and expertly guide you through every step.

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[127] An MLS ID 153.

[128] 591 in MLS Consumer Access .org, Equal Housing Lender.

[129] 1749, Mallory Lane, Suite 100, Brentwood, Tennessee, 37027.

[130] Rachel Cruz, Ramsey Personality, is my co -host today.

[131] Another Rachel is in Winnipeg.

[132] All right, Rachel, how are you?

[133] I'm well, Dave and Rachel.

[134] How are you folks doing today?

[135] Great.

[136] How can we help?

[137] Good.

[138] I have a question for you.

[139] So I am moved out.

[140] I'm fully on my own, which means I don't see my folks all that.

[141] often.

[142] I also have a little bit of debt, so I work a full -time job and a part -time job.

[143] This upcoming weekend, we have a long weekend, and so I was able to get some hours at my part -time job, obviously, when I get through those baby steps as soon as possible.

[144] But I was offered some time to come up to my folks' cabin and spend the weekend with them, and I think I'm just having a hard time reconciling, paying off my debt as soon as possible versus spending intentional family time.

[145] And I wanted your advice on how to balance both of them.

[146] That's a great question.

[147] How much debt do you have?

[148] About 22 ,000 Canadian, some of student loans and some of a credit for debt.

[149] What's your income?

[150] On my full -time job, I make $54 ,000 a year, and then at this part -time job, I'm going to be making $15 an hour.

[151] Okay.

[152] Okay.

[153] What do you project being done?

[154] One year?

[155] Ideally, if I can, I mean, this is possible, but yeah, ideally a year, year and a half.

[156] Yeah, and you're how old?

[157] I'm 27.

[158] And your parents are how old?

[159] In their 60s.

[160] Okay.

[161] So in the scope of your life, if you didn't see them for an entire year, you would not be an unusual human.

[162] Yeah, that's true.

[163] I mean, again, people are deployed in the military.

[164] People do all kinds of things that are uncomfortable for short periods of time to create long -term comfort.

[165] So the trade -off, however, is $15 an hour.

[166] So it's not like you're, you know, what are you going to lose?

[167] 200 bucks or something?

[168] I mean, it's not, you know.

[169] Yeah, that's what I was going to say.

[170] I think you back kind of your way into it, Rachel, and just say, hey, my goal is in a, year and a half, I want to be debt -free.

[171] So what does that mean?

[172] And you can kind of back it out.

[173] And that way you can kind of calendar out and say, you know, every other month, I'll go spend a weekend there.

[174] And I can do that time -wise and mathematically to still hit my goal.

[175] Does that make sense?

[176] Like I think when it's kind of arbitrary and it's like you're kind of just like floating a little bit of gosh, what's my life looking like?

[177] How much am I working?

[178] You know, when I'm going to pay off my debt, when all of that is up in the air, I think it is hard to prioritize.

[179] But when you have kind of a rigid systematic plan it kind of gives you that permission to say oh yeah I have this weekend budgeted quote unquote to not work to go see them and that still works in my time frame so that way you can actually enjoy your time and you're not second guessing yourself constantly yeah it sounds kind of rigid but I think the more rigid you are during it well that gives you the permission to not to not do some of them and to do some of them yeah if you had a system it's like a spending plan or a budgeting plan same thing um that thing that I do want you to address, and I'm not accusing you of this, it's just a possibility, okay?

[180] So you can take this, in other words, for what it's worth.

[181] Sometimes when I'm in these situations, I act like in my little drama brain that everything is forever, and this isn't forever.

[182] So when you get right down to it, you're going to miss four weekends.

[183] Yeah.

[184] You know, it's not, it's not like you're never going to see your parents again or one of them has a terminal illness.

[185] It's not a, you know, it's none of that.

[186] It's like four weekends at the lake and with my parents and I'm 27.

[187] It doesn't sound real devastating when you kind of put it that way.

[188] It's just for now, not forever.

[189] Exactly, yeah.

[190] But in my little mind, I'm like, I never see my parents.

[191] You know, my drama brain kicks in, right?

[192] And it's like forever, and it's not, it's not forever.

[193] And so sometimes it helps me to quantify it.

[194] And I think if you use those two, that on the emotions and what Rachel's suggesting on the budget and go, okay, I am going to give up two of the four, and that's going to cost me $500 towards my process, but I'm still going to make my goal.

[195] And I'm actually probably going to pick up and work later a couple of nights that I wouldn't have in order to make up for that so I can still hit my goal.

[196] and I think you can do some stuff like that and then you feel okay about the process but yeah and I would say too Rachel you know this is a problem like a lot of just family you know families have with kids I don't want to be away from my kids or working parents are like oh my gosh you know if I travel like whatever it is and kind of what you're saying it can be so built up in your head and this sounds so cheesy but it's just true Winston I we got a 12 month calendar we put in on one of our walls in our house and when it's like I know for me with traveling and speaking and stuff it's like oh my gosh It can feel, it feels overwhelming.

[197] I'm like, oh, I'm doing too much.

[198] And then you lay it all out visually and you're like, okay, this feels better because here's a week there.

[199] That's good.

[200] Here, here, here.

[201] You actually start to see it, you know.

[202] Yeah.

[203] It quantifies it and it does away with the drama.

[204] Yeah.

[205] And same with the budget.

[206] That's what we always say to have a written budget or on the every dollar app, see it visually because it kind of takes that out.

[207] But it help me with the math because I can't do it in my head right now.

[208] Oh, you're asking me. How old were you in 2003?

[209] I was a sophomore in high school, so 16.

[210] Okay.

[211] All right.

[212] And so we had a senior in high school, sophomore in high school, and a middle schooler, and I went on book tour for total money makeover, and I was gone 42 days.

[213] I remember this.

[214] Gone.

[215] Well, can we back up?

[216] Because talk about drama, Dave.

[217] I remember, okay, so I was a sophomore.

[218] Okay.

[219] I remember you sitting us all down.

[220] We had a family meeting, which was a normal occurrence in the Ramsey House.

[221] We had family meetings.

[222] You know, someone's messed up.

[223] So we're all going to have a lot, whatever it is.

[224] Like, there's family meetings.

[225] Rachel's done something now.

[226] done something.

[227] It probably was me, honestly, where it's like, all right, we're going to, here.

[228] But I remember, and you laid out this whole thing about how you love it.

[229] It was like this whole speech.

[230] And we're like, what is he getting at?

[231] And he's like, I'm going on book tour for about a month and a half.

[232] And I remember I was like, okay.

[233] See you.

[234] I was like, okay.

[235] I don't know.

[236] So to your point, things can be dramatic, especially in a parent's head or I don't know, in the person's My work -life balance is not good.

[237] I'm sorry, children.

[238] Rachel's like, eh, no big deal.

[239] Well, and I will say, because you are present other times, I mean, most of the time.

[240] So that's it, too.

[241] We weren't abandoned.

[242] We were not abandoned children with a workaholic father.

[243] But I think the same kind of thing falls into this, because we get the work -life balance question all the time.

[244] It's like, I'm afraid I'm going to see my children if I'm getting out of that.

[245] Oh, stop it.

[246] You know, get your butt to work.

[247] you know it's just oh and that's what i have to tell myself too you know and i'm like okay this is a sacrifice i'm going to do and that book now by the way has sold 10 million copies so you know that little 42 day book tour worked out okay so um you know so is the is the price worth it is the price you pay worth it you know and um that that's what we're looking at and then to keep it all um in sync with your life too because yeah it's just it's good what you're talking about about writing it out like that that gives your perspective yes that's right and you go okay 42 days out of the scope of my life four weekends for her out of the scope of her life you know is not the and and all of a sudden the little drama child inside my head starts to calm its butt down or the guilt of the parent whatever it is yeah that's a drama that's yep parents guilt you know it's like I'm not nurturing it's oh brother and the kids like yeah yeah whatever I was at least So, yes, you can, when you're in Baby Step 2, and you've got two little kids, and you're working six jobs, and for a period of time, you don't change as many diapers as the other one does, and that could be the husband or the wife.

[248] Maybe the wife's, you know, working 36 -hour shifts as a nurse.

[249] I don't know, whatever it is.

[250] But there's all kinds of stuff you can do for short periods of time, and the kids are truly yawning at your drama.

[251] they're truly not affected because you're not doing this for a decade.

[252] That's what I was going to say.

[253] That's not your, that's not the life pattern.

[254] It's not a life pattern and it's not for a decade.

[255] And oh, by the way, if you're working really hard when you're at home and I need to spend time with the children, turn off your television.

[256] If you're supposed to be spending time with your family or your phone, binge watching Netflix or doom scrolling Instagram is not family time.

[257] damn now we got what you're spending your hours on the Olympics are on and we're in a middle of a political season you know how much you know how many of the Olympics I've seen this week zero I'm not an American I know I'm a communist but no I mean seriously I've not watched it oh it's so good I'm sure it is yeah there we go this is the Ramsey show dying without a will can cost your family thousands of dollars in legal fees and administrative costs a will gives you peace of mind things will be taken care of the way you want, and it saves your loved ones extra stress at a tough time.

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[278] Kelly is in Minneapolis.

[279] Hi, Kelly.

[280] Welcome to the Ramsey Show.

[281] Hi, thank you for having me. Sure.

[282] How can we help?

[283] Well, my husband and I have been working really hard and paying off our debts, and we're looking at being debt -free outside of the mortgage by probably late October.

[284] Nice.

[285] We're really excited.

[286] But there's one debt in particular, my student loan, it's about $6 ,000.

[287] And I've recently learned that my employer started a student debt retirement match.

[288] So if I'm not already contributing, that that 4 % match, which I'm not.

[289] currently, I can report my student loan payments, and they will treat that as if I'm contributing, and then match the 4%.

[290] So I'm wondering if it makes sense for that particular loan to continue paying it monthly just to get that 4 % match.

[291] And keep the loan around longer than necessary?

[292] No. Right.

[293] I don't know if it's worth it.

[294] No, it's not.

[295] No, I wouldn't stay in debt to get your employer 4%.

[296] Now, between now and the time you pay it off, can you get the 4 %?

[297] Yeah.

[298] Yeah, the next couple months or whatever.

[299] Yeah, you've got three or four months of worth of it.

[300] But 4 % does not justify staying in debt.

[301] No, let's get rid of the debt as soon as you can.

[302] Darn.

[303] I wish I found that a year ago.

[304] Yeah.

[305] I know.

[306] I can actually, I've looked and I can report all the payments I've made this year.

[307] Oh, wow.

[308] That's good.

[309] Oh, definitely do all that paperwork for sure.

[310] Yeah, I'm already on it.

[311] Just scraping the free money off the table.

[312] Yeah, definitely.

[313] That's cool.

[314] Yeah.

[315] Now, Kelly, the problem with some of these assistants, anytime we get help with these types of things, the problem is it causes us to, you know, to think illogically.

[316] And that is, oh, I'm going to stay in debt, which the purpose of the assistance is to get out of debt.

[317] So, you know, it's, but yeah, I just gather up everything you can get out of this, but get out as soon as you can.

[318] The faster you get out of debt, honey, the faster you're going to prosper.

[319] It is that simple.

[320] Sammy is in Phoenix, Arizona, how are you?

[321] Hi, Dave.

[322] Hi, Rachel.

[323] How are you guys?

[324] Great.

[325] What's up?

[326] Well, I have a question regarding a loan.

[327] I know your favorite question.

[328] Basically, I live with my mom and husband.

[329] We would like to sell our home eventually, move out of the city.

[330] We have a decent amount of repairs.

[331] We need to do to the home to be able to see.

[332] sell it.

[333] We don't have good credit.

[334] We don't have savings.

[335] We've heard about the home equity loan.

[336] We have a decent amount of equity in the home.

[337] We don't know much about it.

[338] What do you know about that?

[339] What do we know about it?

[340] Well, home equity loan is.

[341] Is it a good idea?

[342] No. Okay.

[343] No, I mean, you're just borrowing.

[344] Yeah, you're just borrowing equity on your home is what you're doing.

[345] You're just, you're going backwards when it comes to you owning your home.

[346] So my question is, what are the repairs?

[347] One is a brand new AC, which is about $10 ,000.

[348] Okay.

[349] One is the pool being fixed, which is about eight to 12 that we've gotten estimates for.

[350] And then the last small thing is a small, old, you know, very, very old, lots of miles, used car for my mom, because she's currently using my car.

[351] Okay, so just a car in general that hasn't even do with the house.

[352] Yeah.

[353] Okay.

[354] What does your mom make?

[355] She makes about 80 ,000.

[356] What do you make?

[357] I don't make much.

[358] I just am part -time delivering here and there.

[359] Well, right, because she has my car right now, and she makes a lot more than I could.

[360] Where's your husband, mate?

[361] My husband, about 45.

[362] Mm -hmm.

[363] Do you guys have kids?

[364] Not yet.

[365] Not yet, okay.

[366] Okay.

[367] And then the house, tell me how much, if you sold the house today, how much would it be?

[368] How much did you sell it for?

[369] We could probably sell it as is, maybe $350.

[370] Okay.

[371] If we did all these repairs, maybe $400.

[372] And what's the, yeah.

[373] How much do you have left to?

[374] We bought it for one.

[375] 70 and we owe about 130 on it okay here's what i would do i would sit down this week and tighten your budget down to nothing and go get a two thousand dollar car and then i want you to go get a 40 ,000 dollar job and that will pay for the repairs when you guys household income are you're making 125 yeah um you only need 20 you only need 20 grand for the repairs You need $20 ,000.

[376] Whoa, whoa, whoa, whoa.

[377] You need $20 ,000.

[378] Go get it.

[379] Yeah.

[380] Well, the AC, we're supposed to do it in the next, like, month or else it's going to totally go out.

[381] How do you know?

[382] Who's the AC genie?

[383] How do they know?

[384] We've had a few people over now and it has a broken compressor.

[385] And our bill is like $700 a month because of it.

[386] Yeah.

[387] so we don't have a lot of 10 grand that's 10 grand so 10 grand is ASAP so I mean yes Sammy if I were you I'd go get I want so your husband's working overtime you're working overtime and you guys are three of your piling their money in a in a corner as fast as you can pile it and get in an AC as fast as you can it's still working when it goes out we'll call it an emergency it's not out yet and you do need to replace it but I'm not talking about waiting if you get a job making 40k now you got a household income of 165 I think you can come up with 10 grand i don't know how to find a job that pays that well for me well you're going to have to be looking which you haven't been doing that'd be the first step and um i mean that that's only 20 bucks an hour 25 bucks an hour i mean you're my targets paying 20 bucks an hour so go over at target and then run over to walmart right after that they're both paying 20 bucks an hour and just stack up these jobs and go get you need some money money comes from work not borrowing and uh and then you get the AC fixed and then you start talking about fixing the pool and you do all this with a $2 ,000 car y 'all have the money y 'all got it you just need to tighten down what you're spending to nothing by being on a budget and get your incomes up all of you take extra jobs all of you until you get past this emergency But I don't think you're going to do it, though.

[388] Well, tell me that, would you, I mean, does it get messy, though, if the house is in their name, mom's living there, though, or the house is in my, like, you know what I mean?

[389] Like at that point.

[390] She's living there free and using their car.

[391] Yeah.

[392] I'm taking her money.

[393] Yeah.

[394] Okay.

[395] I mean, we're fixing the AC, mom.

[396] I agree.

[397] Hello.

[398] I agree.

[399] Yeah.

[400] But I'm just thinking of, like, there's always those layers when you have people that don't own the home that are in the home.

[401] You know what I mean?

[402] Like, yeah.

[403] I mean, if she.

[404] She won't go get a job and you're taking mom's money.

[405] Not mom might object.

[406] Yeah.

[407] But hey, everybody's diving on the ball here.

[408] We've got to fumble.

[409] Yep.

[410] And it's, you know, we've got to recover here.

[411] We've got to recover.

[412] We got to recover.

[413] Everybody game on.

[414] It's a household emergency.

[415] I mean, air conditioning in Phoenix is an emergency.

[416] Yeah, that's important.

[417] Yeah.

[418] Yep.

[419] It's 100 degrees, but it's a dry heat.

[420] I mean, you're killing me. It's like sticking your head in an oven.

[421] It's a convection oven is what it is.

[422] It's dry.

[423] It's hot.

[424] Love Phoenix.

[425] What they always say, though.

[426] It's hot.

[427] It's really hot.

[428] But I will say, we are in Utah, and the no humidity thing is different.

[429] It is different, but it's still hot.

[430] It is still very hot.

[431] This is the Ramsey Show.

[432] Are you working the baby steps?

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[442] 800 -356 -4282 or Xander .com.

[443] Rachel Cruz, Ramsey Personality, is my co -host today.

[444] Open phones at AAA -825 -2 -2 -25.

[445] Most of you are aware there are two types of student loans.

[446] government insured student loans and private student loans government insured student loans have a bazillion different programs that you can get on or off most of which suck but you can still get on and off a program until you can get yourself squared around and get the thing paid off private student loans however are basically just a bank loan to go to college and you get no help from nobody until now if you have a private student loan that is in default You've been unable to pay your private student loan.

[447] It's gotten behind.

[448] You're probably experiencing some pretty interesting collections pressure.

[449] Well, we got some good news.

[450] We have a sponsor here on the Ramsey show that is the new sponsor of the Ramsey Question of the Day.

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[457] This is pretty well, this is cool.

[458] This is a great solution if you've got a private student loan that's in default.

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[473] You're going to be hearing them every day when we do the Ramsey question of the day.

[474] Funding may not be available in all states.

[475] There's your little disclaimer thingy, right?

[476] So today's question of the day is brought to you by.

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[482] That's the letter Y -R -E -F -Y dot com slash Ramsey may not be available in all states.

[483] Today's question comes from a lease in Indiana.

[484] Elise says I am a 28 -year -old mother of two children.

[485] My fiance and I have been together for six years, and I have been the only one working.

[486] Two years ago, he started to learn how to trade stocks.

[487] At the time, neither of us were familiar with the process and knew it would take him some time to learn.

[488] He started out investing in Tesla, Apple, and META.

[489] The past two years, he's invested in unreal amount of money for my paychecks, which has caused some bills to go and paid.

[490] whenever I'm stressed about the money going being wasted I get scolded and accused of being controlling he doesn't want to get a job because they don't pay enough he says he will do door dash but makes excuses not to go we agreed that he would get a thousand dollars from my tax refund to trade with and he blew it in a week he has put over fifteen hundred dollars into yet another platform and maxed out one of my credit cards I work from home and he yells when I'm on work calls and It's mad because my job is a priority.

[491] Oh my gosh.

[492] My job is paying the bills and funding is trading.

[493] I don't understand that this is his dream, but I can't do it anymore.

[494] At least I can't, I don't understand how you're still with this guy.

[495] I'm not worried about his dream.

[496] I can't do him anymore.

[497] That's terrible.

[498] Yeah, no, I'm done.

[499] I'm completely done.

[500] You've been with him for six years and nothing's happened.

[501] No, I'm done.

[502] This guy's got too many strikes.

[503] He has four strikes.

[504] well yeah hear me out he yells he doesn't work he steals your money he and he calls you controlling strike four and you're out buddy he has too much pride to go make any kind of money he's lazy and won't work yeah yeah we got a lot at least we could probably go up to 10 about this guy yeah so i think i think he's your problem you chose poorly darling i'm so sorry man man this guy's a bum and you know it after you wrote this down at least and you reread it before you hit to us you had to go poor girl I hope she's okay you had to look at your own story and go oh my gosh and let us be the strangers from the outside to say because when you're caught up in this and you've been with someone for six years that becomes your norm right like there's a level that like you kind of almost become well I don't know any different like you don't feel the pain as much because it's been the norm for six years so just hear a say from the outside if you were my daughter I would show up in the front yard back the U -Haul up put him in a corner and move your butt out okay this is I mean this is the guy's abusive he's lazy he's a thief he's awful he's not bright I mean just not a smart man not a smart guy was it Forrest Gump said I'm not a very smart man yeah that's this is this guy he's oh my gosh wow sorry Elise I mean it's it you're not going to be able to convince him otherwise you're I'm not going to be able to show.

[505] Yeah, we're not married to him.

[506] We're done.

[507] It's probably his good kids.

[508] But you're the only one earning money.

[509] No, she said, I'm a mom of two children and my fiancé.

[510] I don't know.

[511] Or maybe he is the dad.

[512] Yeah, but then they're six years.

[513] Two kids have been there six years.

[514] That's probably fair.

[515] So anyway, by either way, I mean, you're the only one producing anything here.

[516] As soon as you get rid of this boat anchor, your boat will go really fast.

[517] And you're not crazy at least either.

[518] No, you're not.

[519] You can make you feel like, oh, my gosh.

[520] I'm really crazy staying there 10 more minutes.

[521] Oh, this is awful.

[522] Get out, Lillis.

[523] I'm so sorry.

[524] What a heartbreak.

[525] Yeah.

[526] And here's the thing.

[527] I almost feel like I need to yell this because you haven't moved out for six years.

[528] You're somehow thinking you can't do this on your own or he's somehow going to turn around or some other kind of dysfunction.

[529] So I really need to get my Papa Dave hat on and just stomp my foot really loudly and say, Get out!

[530] This is crazy!

[531] Okay, I did it.

[532] I just got it out of my system.

[533] Because, I mean, if you've been there six years, you've already, this is not your first ride on him yelling, controlling, being lazy, taking your paycheck.

[534] I could.

[535] God, what a parasite.

[536] Unbelievable.

[537] See, I hope we weren't unclear, darling.

[538] Okay.

[539] Kelly is with us in.

[540] Los Angeles.

[541] Hi Kelly.

[542] How are you?

[543] Hello.

[544] How are you guys doing today?

[545] Great.

[546] How can we help?

[547] I have a question.

[548] I'm a new listener for me. I'm kind of nervous.

[549] I'm sorry.

[550] It's okay.

[551] For about two weeks and a lot of the things you talk about, I've made the mistakes of credit card debt and overspending and not budgeting.

[552] I work for the state of California.

[553] I'm 56.

[554] Um, I just paid off $2 ,800 of credit cards.

[555] Good for you.

[556] Kelly.

[557] You catch on quick, kiddo.

[558] Good job.

[559] Yeah.

[560] Yeah, I told myself, what's the point of listening and not putting into action?

[561] So I, yeah, I paid off $2 ,800.

[562] Um, so I, I've been working for the state for 26 years.

[563] So my health insurance is, is there for life.

[564] Kitto, before I run out of time, what's your question right quick?

[565] My question is about, I have a car lease, and I know that's a no -no.

[566] And it's over in the end of this year.

[567] Okay.

[568] I don't know what to do after that.

[569] I'll need a car.

[570] Yeah, I want you between now and the end of the year to save up a few thousand dollars and get you a beater car.

[571] Okay.

[572] So you can turn this thing in.

[573] Oh, okay.

[574] Are you over on miles?

[575] get 200 miles over Oh, you're not bad, okay, that's good You may have to write them a small check So you need to get ready for that too Is the car torn up is any excessive wear and tear No, it's a 2020 Jeep Grand Cherokee Okay, but I mean you haven't messed it up or something Because they only charge you for two things when you turn in Being over on your miles And excessive wear and tear And if you've got limited or little of that You can just hand them the keys But of course you've got to have transportation right Yes, correct So we need to get you some money saved up between now and then.

[576] Yeah, and I would do that.

[577] And that gets rid of your car payment.

[578] That's very cool.

[579] Yeah, I would get your emergency fund first, Kelly.

[580] And then car, I mean, I would be saving up a couple thousand first.

[581] Yep, before you do anything.

[582] And then go back to your debt snowball.

[583] But having that set aside so that went at the end of the year, which is like five months from now, yeah, you're able to get a car.

[584] So that's great.

[585] If you saved $1 ,000 a month, that'd be $5 ,000 car and you didn't do anything else between now and the end of the year.

[586] I'm going to call that a win.

[587] That'll get you there.

[588] no car payment, and then you go into next spring finishing off your debt snowball.

[589] Hang on, we're going to put you through Financial Peace University and sign you up for every dollar for free as our guest, as a brand new listener.

[590] Thank you for calling in, Kelly.

[591] We're proud of you.

[592] Hey guys, George Camel here.

[593] No matter what platform you use for news or entertainment, you and I both know it is way too hard to keep your feed from getting junked up with bad content.

[594] I know I'm not the only one who's gone searching for the Ramsey Show, only to find myself two paws and 12 videos deep in a kitten hole on YouTube, Which is great, but not what I'm looking for right now.

[595] And heck, if you're tuning into this digitally, there's probably some weird, scamy, suggested content trying to play in the sidebar right now.

[596] Crypto -carts.

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[598] And that's why I love the Ramsey Network app.

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[607] Live from the headquarters of Ramsey Solutions, it's the Ramsey show where we help people build wealth.

[608] Do work that they love and create actual amazing relationships.

[609] I'm Dave Ramsey, your host.

[610] Thank you for joining us.

[611] My co -host.

[612] Day, number one best -selling author many times over.

[613] Host of the Smart Money Happy Hour, along with George Camel, and my daughter, Rachel Cruz, Ramsey, Personality.

[614] We're here to help you.

[615] The phone number is AAA -8 -25 -5 -2 -2 -25.

[616] Molly is with us in Austin, Texas.

[617] Hey, Molly, how are you?

[618] Hi, Dave.

[619] I'm good.

[620] How are you?

[621] Better than I deserve.

[622] What's up?

[623] I just inherited about $1 .5 million.

[624] and I'm getting married in a little over three months and so I want to know if I should get a pre -ed -up or not.

[625] Wow.

[626] How old are you?

[627] I'm 22.

[628] Whoa.

[629] Where'd the money come from?

[630] My grandpa was a successful businessman and like hardware stuff and so I have like he had about half a million dollars in stocks and then he loaned his business about a million dollars, and so I get loan repayments on that, and then he owned his business building, and then my mother's house and just various accounts they have.

[631] Are you getting cash, $1 .1 million cash?

[632] No, no, you're getting half million cash, and then payments on $1 million.

[633] Then they're all the rest.

[634] Yeah, so half a million in cash, half a million in stocks, and then the rest in business notes mostly.

[635] Yeah.

[636] before this happened did you have any money um i was pretty good with my money and had a pretty how much money did you have before this happened i had ten thousand dollars okay you didn't have any money okay and well i know it's not it's not like you had it's not like you had a half a million dollars i know those would be the same ten thousand dollars a lot's a little difference in a half a million or a million and a half and ten thousand dollars okay now the fiancee does he have any money Not a ton.

[637] What's he do?

[638] He graduated college, and his parents have a franchise called Mosquito Joe that he was going to take over.

[639] But he has, like, he's done some work to start it up, but I'm just a little concerned that the inheritance has made him less, or it created less pressure for him to work.

[640] That's a different question than do I need a pre -nup, okay?

[641] That is you need pre -marriage counseling.

[642] Okay.

[643] When is the wedding scheduled?

[644] November, or no, sorry.

[645] Yeah, no, November 20th.

[646] I'm sorry?

[647] November what?

[648] Oh, November 20 of this year.

[649] So two or three months.

[650] Have you all been through pre -marriage counseling yet?

[651] We did one group thing, but not like individual.

[652] You need to do some intensive marriage counseling.

[653] where you say to him what you said to us.

[654] Okay.

[655] That's very important.

[656] Okay?

[657] Because here's the problem.

[658] Money does not cause people to have problems.

[659] It exposes problems that they have.

[660] It magnifies the good and the bad in you and in him.

[661] And what you're saying is, is this has magnified a lack of work ethic or something along those lines, a lack of motivation or whatever we want to call it, and this seems to have made it worse, it feels like to you.

[662] Yeah.

[663] Did he know that you were going to be getting this money?

[664] Was this conversation or was it a little bit out of the blue for both of you?

[665] Well, so we had been together about like five years and then my dad passed away, so that's how I am here.

[666] Or I mean, yeah.

[667] Oh, I'm sorry, Molly.

[668] Wow.

[669] Yeah, you've been through a lot, kiddo.

[670] All right.

[671] So the point is this.

[672] Yes, I do want you to get a pre -nup, and I'll come back in a minute and explain why.

[673] I don't believe in pre -nups very often, but occasionally I do.

[674] What I don't want you to do is to think your pre -nup is going to fix your fiancé.

[675] It doesn't.

[676] It just helps you escape him if it goes completely bad.

[677] Okay?

[678] So you've got to go in and have real close.

[679] clear relational goals with him, and that's 90 % of solving the problem you called about.

[680] 10 % is the pre -nup piece of paper.

[681] If you've got to fix a future spouse with a pre -nup, you shouldn't get married, is my point.

[682] Because the pre -nup won't fix them.

[683] It's like doing a contract with a crook.

[684] Contracts don't make crooks suddenly honest.

[685] They're still going to find a way to crook you.

[686] yeah okay contracts are not magical documents they don't suddenly give people character and pre -nups are not magical documents they don't suddenly solve relationship issues that have been exposed by this newfound money so I want you really really really lean into that and a good friend of mine asked me this morning he said his daughter's getting ready to get engaged and he wanted advice on what to tell the young man talking to him about his hand and marriage to his daughter I said, FPU and pre -marriage counseling.

[687] You have a pre -marriage counseling alone will set you up detailed in depth.

[688] Rachel and Winston did it.

[689] Denise and Bill did it.

[690] Daniel and Allison did it.

[691] And I mean, these poor people are married into the Ramsey family.

[692] They need counseling.

[693] So, right?

[694] And it's pretty, yeah, deal with the family of origin that looks like this one.

[695] Oh, my God.

[696] And so, yeah, you got to do it, Molly.

[697] That's the thing.

[698] Now, the reason I would tell you, oh, yes, on a pre -nub.

[699] is not because of what you're concerned about with him.

[700] It's because anytime there's a great disparity, like a huge pile of money like you've got versus no money like he's got, it brings out weirdness in the extended family.

[701] Like his mother leans over and says, well, honey, you don't have to work so hard, you know.

[702] It brings out weirdness in the extended family.

[703] And there's always crazy in every family.

[704] folks.

[705] And if you think there's not crazy in your family, that means it's you.

[706] So you've got to know that this million and a half, it's going to warp your relationship with them.

[707] And one of the things a pre -nup does is it helps him not be susceptible to the other family influences that are weirded out by this money.

[708] Okay?

[709] Okay.

[710] It doesn't fix him, but it gives you guys some tools to say, look, this money is just not accessible for that.

[711] It's not accessible for Mosquito Joe.

[712] Sorry, we're not doing it.

[713] By the way, Mosquito Joe is a great little franchise.

[714] We're actually a customer.

[715] Yeah, and Molly, and you guys...

[716] Yeah, and you guys...

[717] I mean, you all have been together, what, since 16 years old?

[718] 17?

[719] Yes, ma 'am.

[720] Yeah, so, I mean, and again, not that you can't marry your high school sweetheart by any means, but, I mean, I do think a good counseling or therapy, honestly, before you walk into this is going to be huge because there's habits or routines or just this kind of like way you guys have been doing life since you're 17 that having a professional sit down and kind of just shake up the dynamic a little bit change the hot school romance into a marriage which is good yeah I'm like because it's a it's a totally different ball game and you're kind of feeling that now all of a sudden when you're out on your own and here's your soon -to -be husband thinking oh my gosh is he going to, is he going to, you know, carry his weight?

[721] And all of that needs to be exposed and fleshed out beforehand.

[722] So you're not crazy, Molly?

[723] This is, yes, because the disparity is so wide, I would get a pre -nup.

[724] Otherwise, I would not, folks.

[725] And don't think the pre -nups going to fix the relationship.

[726] This is the Ramsey show.

[727] Hey, when you go against what society thinks is, quote, normal, like avoiding debt, for example, it might seem weird at first, and that is totally okay.

[728] We want you to be weird if that means doing things intentionally, including how you spend your health care dollars.

[729] And one way to be intentional is with Christian health care ministries.

[730] CHM isn't health insurance.

[731] They're a health cost -sharing ministry that's helped hundreds of thousands of families like yours take care of health care costs without sacrificing their freedom.

[732] Find out more and join at chmistries .org slash budget.

[733] That's c .h ministries .org slash budget.

[734] Rachel Cruz, Ramsey Personality is my co -host today.

[735] Open phones at AAA 825 -5 -225.

[736] If you guys want to help us out, we would appreciate it.

[737] We need your help.

[738] And a bunch of you have been helping us out.

[739] We know that because the numbers around here are way up.

[740] Thank you.

[741] You can help us by just subscribing to the show on the platform that you're watching or listening or click follow or subscribe.

[742] makes a huge difference.

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[747] And we've all done that.

[748] We've all told someone about a good book or a movie.

[749] And I had a good friend recommend a good book this week.

[750] And I picked it up immediately.

[751] I'll be reading it soon.

[752] And so I get my best books is through people who know what they're doing, sending me an idea.

[753] There we go.

[754] So check it out.

[755] And also, of course, the five -star reviews make a big difference.

[756] Thank you, thank you, thank you.

[757] Donnie is in Charleston, West Virginia.

[758] Hey, Donnie, what's up?

[759] Hey, Dave, it's good talking to you.

[760] You too.

[761] How can I help?

[762] So, me and my wife are kind of young and dumb.

[763] We've done stupid with a lot of zeros, as you'd say, one of the new listeners to show.

[764] So basically, you get right to the point.

[765] We're just kind of wondering if we have an income problem or a budget problem.

[766] Okay.

[767] What do you think it is?

[768] I think it's a budget problem, and she thinks it's an income problem.

[769] She's looking into a new job.

[770] What's your income?

[771] Yeah.

[772] We make 110 ,000 years of household.

[773] Mm -hmm.

[774] What does she make?

[775] She makes 60.

[776] Mm -hmm.

[777] Okay.

[778] And she thinks she can make more?

[779] Yes.

[780] She's a travel senior, and she's working into taking the contract in Pennsylvania.

[781] You're in Charles.

[782] $1 an hour paper.

[783] I'm sorry, you would move to Pennsylvania?

[784] She would just go to stay there during the duration of the contract.

[785] How long is the contract?

[786] It's built in for about 16 weeks, but it's indefinite, so it could be as long as she wants it to be.

[787] Okay.

[788] And how much would she make instead of 60?

[789] She would make what?

[790] So she's making about 27 an hour now.

[791] should go up to 35.

[792] Okay.

[793] Are you guys have debt?

[794] Are you all trying to get out of debt?

[795] Are you just trying to...

[796] Yes.

[797] Okay.

[798] How much debt do you guys have?

[799] Oh, Lord, this number is sick.

[800] We are just shy of 94 ,000.

[801] On what?

[802] Credit cards, personal loans, and car notes.

[803] What do you owe on the cars?

[804] 75 ,456.

[805] And break that down.

[806] Which car is which?

[807] Uh, so she has a 2024 Ford Bronco.

[808] Uh, she owes about 44 grand on eight.

[809] Mm -hmm.

[810] And she also has a 2018 Ford Fusion, which she owes a little under 16 on.

[811] And I have a 2010 Chevy Silverado and I owe about $15 ,000 on it.

[812] Why do we have three cars?

[813] Uh, very dumb mistake.

[814] Okay.

[815] There's not three, there's not three people there, right?

[816] there's just how long you've been married um since may okay and you can almost yeah so donnie here's the thing um i tried for years to out earn my stupidity and um it always would catch me from behind and tackle me so before i let my brand new wife be gone from me for 16 weeks to make a few dollars more i would sell the crap out of every car sitting in your driveway and get you two two thousand or Hoopties and have a wonderful first year of marriage.

[817] Okay.

[818] You need to amputate the Bronco, buddy.

[819] You ain't going to do it, though, are you?

[820] Well, it's hers.

[821] I don't care.

[822] It's not hers.

[823] It's ours.

[824] We just got married.

[825] I agree, but in her mind, it's probably hers, and he's going to have to convince her.

[826] I mean, Donnie, does she want to do this, too?

[827] Meaning, like, this plan, does she want to get out of debt?

[828] And is, like, because part of the sacrifice of going and moving away for four months, there's obviously something there, but hers is the income problem is what you're saying or what she thinks it's trying to out earn the bronco yeah and the bronco's going to run her over and leave tire tracks yeah i mean just looking at the simple math really fast i'm like you can almost cut this in half by selling two of the cars hello ding ding ding ding ding sixth grade buddy you can go down to 54 thousand dollars your brand new newlywed wife wants to trade four months time with her husband for her bronco bad trade okay um so how would you guys in going about the negative equity.

[829] So that's a big problem we've got with all three vehicles.

[830] I would borrow the difference.

[831] Okay.

[832] It still is going to be a whole lot less debt than you have.

[833] But you guys are, you guys are car poor is your problem.

[834] These cars have, you got $90 ,000 in debt, 75 of its cars.

[835] Yes, sir.

[836] Yeah.

[837] You've got a car problem.

[838] Which honestly, Donnie, on the joyful flip side of it, this is amazing because you can actually do something about it.

[839] Some people call us and they have $100 ,000 in student loan debt, that you've got to just grind it out.

[840] Yeah, you can't sell the student.

[841] Yeah, this you can actually make a big dent, like really quickly.

[842] Like, this is the best case scenario, the best case scenario, right?

[843] Like, you can actually do something drastic and what a gift.

[844] See it as a gift of like, oh my gosh, we can actually make really big strides.

[845] It's going to take some, you know, making some changes, but it's a car.

[846] Yeah.

[847] You guys can get that later.

[848] When I was a new husband, I was a stupid husband.

[849] So let me tell you how not to do this because I've done it.

[850] Honey, I talk to these guys.

[851] We're going to sell your car.

[852] That's not how you do it.

[853] Okay?

[854] The way you do it is I love you so much.

[855] I want to spend time with you.

[856] I do not want you to be away from me. And I feel like we're trading all that time away just to keep a Bronco.

[857] That Bronco doesn't mean anywhere near as much to me as you do.

[858] Much better sales technique, okay?

[859] Yes, sir.

[860] And you guys, Donnie, lay this out, seriously, together to, tonight sit down and you guys do a timeline and just look at run numbers get a sheet of paper on a pen and a calculator and just sit there and just do a run a bunch of numbers a bunch of timelines and like actually get a plan in place have you did you guys even think about selling the car I'm just curious uh we have okay I actually had a second car myself um just from listening to your guys show I recently went out and got a personal one of the neglect we on it got rid of it as well good Great.

[861] Great.

[862] Perfect.

[863] Yep.

[864] Yeah.

[865] So you called up and said, do we have a budgeting problem or an income problem?

[866] The answer is neither you have a car problem.

[867] Okay.

[868] Thanks for calling, man. I hope that helps you.

[869] I hope you go do this stuff.

[870] Otherwise, you're going to struggle for an extra five years more than you needed to.

[871] If you dumped every car in your life, got you a couple of hoopedies, you can be completely debt -free in a year.

[872] A year.

[873] With $110 ,000.

[874] Yeah.

[875] In -income.

[876] Yeah.

[877] And you're brand -new married.

[878] and you spent the whole year together instead of a part.

[879] Yeah, really hard to be apart right after you're married.

[880] Very difficult.

[881] Wow.

[882] Good call, man. Thank you for your question.

[883] Open phones at AAA 825 -5 -225.

[884] There are folks who are forced to be apart.

[885] Like, we have a good friend whose daughter got married to a green beret.

[886] And three months later, he was gone for nine months.

[887] so of their first year of marriage he was gone the last nine months of the first year doing things that he can't talk about in places he can't talk about and so because that's what people like green berets do and that's what keeps you people free out there so thank you we salute you but wow I mean it's a brand new married couple and oh my gosh that has options and I think that's the other thing it's kind of like been the theme I feel like of the show is when you have options that's a gift take the options.

[888] Sell the car.

[889] That's an option, right?

[890] When you're a military family, you don't have option.

[891] You don't have the option.

[892] That's your job.

[893] She knew what she was signing up for.

[894] She can, she can still be a nurse.

[895] She's an option to still be a nurse where you guys are in West Virginia and sell the car and you guys can move forward on the progress.

[896] So that's such a gift.

[897] It's a gift when there's options, right?

[898] If you don't have the option, you know, if it's just student loans, there's no option to sell anything, you know, to sell an item, you got to pay off the debt, right?

[899] So see it as a gift, Donnie for sure.

[900] And you guys, Oh, you can make such quick strides and you're still so young in your marriage.

[901] Like, do it, do it.

[902] You have plenty of life to go get a Bronco again.

[903] I can promise you.

[904] I've been married 43 years and the cars that we were driving when we got married are completely irrelevant in our life.

[905] This is the Ramsey show.

[906] Hey, you guys, emergencies happen in life.

[907] Your dishwasher breaks and floods the kitchen.

[908] Your AC goes out in the middle of the summer.

[909] situations like those are why we teach people to have an emergency fund.

[910] And when it comes to medical emergencies, there is a medical emergency kit from the wellness company.

[911] They're great for when you need medicines right away and can't wait for the pharmacy to open.

[912] And who has time to wait in line at urgent care?

[913] Medical emergency kits from the wellness company aren't Band -Aids and Tylenol.

[914] Your medical emergency kit has antibiotics and medicines for a whole.

[915] over 30 common illnesses like strep throat, pneumonia, UTIs, and more.

[916] These are doctor -prepared prescriptions like Z -PAC, amoxicillin, and Ivermectin.

[917] So they're like having an urgent care in your home.

[918] Just answer a few questions at urgent care kit .com slash Ramsey, and your medical emergency kit is shipped right to your door.

[919] And use the promo code Ramsey at checkout to save 15%.

[920] I have one and you should too.

[921] That's urgent care kit .com slash Ramsey.

[922] Use the promo code Ramsey.

[923] Rachel Cruz, Ramsey personality is my co -host.

[924] Thank you for joining us, America.

[925] Andrea is in Pensacola.

[926] Hi, Andrea.

[927] How are you?

[928] I am doing amazing.

[929] How are you doing, Dave?

[930] Better than I deserve.

[931] What's up?

[932] All right.

[933] So I work in food service.

[934] I work a $14 an hour job.

[935] And I had made $60 ,000 by working a crap ton of overtime in 2023.

[936] Good for you.

[937] I have been looking forward to going on vacation because my grandmother is turning 90.

[938] So the 401K, I have $65 ,000 in a 401k.

[939] I have $24 ,000 in my Ross IRA.

[940] And I had $10 ,000 in Yada Bank.

[941] I had $4 ,000 in regions.

[942] That was my emergency fund.

[943] But we had a storm here, and we needed a new roof, which I was able to pay completely.

[944] And the car got a nail in the tire, and so we had to replace the tire.

[945] So the checking account's down to $400, and my grandmother's birthday is next week.

[946] and I should I go up and take some of the money out of retirement accounts because Yarnock is currently frozen and I've been working really hard for this vacation but I don't have any money in my checking account it's all in retirement where is the birthday the birthday is in Colorado so I'd have to go from Pensacola to Colorado it's a very long drive And then once you get there, is it, do you have people to stay with, or what does it look like for that?

[947] I'd have to stay with my aunt, but they wanted to go to a...

[948] You there?

[949] Did we lose you?

[950] I think we lost you.

[951] Oh, no. We'll see if we can get you back.

[952] Rachel's in Atlanta.

[953] Hi, Rachel.

[954] Welcome to the Ramsey show.

[955] Hi, dear.

[956] Hi.

[957] Well, I just need to ask a question, and it may seem obvious to you.

[958] It's just not completely obvious to me. I'm 66 years old, and my financial advisor has said that I should wait till 70 to take my Social Security.

[959] But I'd like to take it now.

[960] We do have quite a bit of assets, but I would just like to have more money now to.

[961] spend as I'd like to rather than waiting until I'm 70.

[962] Okay.

[963] So, you know, here's the financial advisors are there to teach you not to tell you what to do.

[964] They should have the heart of a teacher.

[965] And so the first thing I want you to do is to go back to your financial advisor and say, why are you telling me this?

[966] Okay.

[967] Did you understand why he said it or she said it?

[968] Well, he basically said, you know, if you wait until you're, I think that's about 1 ,700 a month now if I take it, but if I wait till I'm 70, it'll be a little over 2 ,000.

[969] Yeah.

[970] And he just said, you know, everything goes up and the more money you can get, the better.

[971] Well, that's not necessarily true, okay?

[972] In order to do that formula, we have to know when you're going to die.

[973] Right, we don't.

[974] Okay.

[975] And so basically we're trading $300 a month.

[976] for the rest of your life, whatever that is, for $1 ,700 times $3 ,600 times 36 months.

[977] Okay?

[978] And so we're talking about $18 ,000.

[979] We're talking about $50 ,000.

[980] Okay?

[981] So the $50 ,000 extra that you get during the three years of not waiting, were you to invest that would provide you with more than the $300.

[982] of income that it's going to increase so he's wrong okay so hypothetically let's let's say you weren't going to spend it it sounds like you want to spend it which I'm okay with that okay but but mathematically if we want to measure out which way is the best way if you get 1700 now times 36 okay that's going to be almost 50 ,000 bucks all right probably is 50 ,000 bucks but it's right around there okay And so if you make 10 % on $50 ,000, that's $5 ,000 a year.

[983] That's a little over $400 a month, and you've got the $50 ,000 in your hand.

[984] So if you didn't spend the $1 ,700 and put it all into an investment to offset the fact that you are not going to get $300, instead you're going to get $400 and you have $50 ,000 in the bank.

[985] You see what I'm talking about?

[986] Yes, sir, I do.

[987] Yeah.

[988] So you take it now.

[989] He's wrong.

[990] okay even if you're going to spend it and even if you want to spend it enjoy it because to your point I mean in the later years of life right health everything I mean things are to it can go down yeah and so while you're feeling great and want to enjoy life you know I need I probably need to sign up I'm 63 because here's the thing social security um it is absolutely sucks beyond belief the amount of money I'm going to get out versus the amount of money I have put in in my life, I have a negative rate of return.

[991] I have lost money.

[992] It's a tax.

[993] And so I'm taxed even more.

[994] If I don't take it all as much out as I can before I die, I've lost all of it because what you get after you die, it's called zero.

[995] You know, and so, yeah, I'm taking this now, especially with the numbers you give me. Look at you.

[996] Taking social security.

[997] Well, I hadn't even thought about it.

[998] I know.

[999] Getting up there in age, Dave.

[1000] There we go.

[1001] Getting up there in age.

[1002] take what you deserve well i mean i don't know if i'll do it at 63 but i probably do need to actually look at the calculation i haven't bothered um it's not a life -changing event for me but the um but the the point being it's just that that get as much as you can get of it back before you die because you're you've gotten screwed by them with this whole system it's it's called socialized retirement i think we have andria back too oh good all right let's go back to andria okay andry's to get to her 95 -year -old grandmothers.

[1003] She's going to stay at her aunts, and she's going to drive from Pensacola to Colorado.

[1004] She needs the money to do that without taking it out of her retirement account.

[1005] Okay, number one thing, we don't analyze.

[1006] Are you there, Andrea?

[1007] Are you with me, Andrea?

[1008] Yes, I am.

[1009] Number one thing is we don't analyze this whole thing based on a pity party of how hard you've worked.

[1010] I'm sorry you worked.

[1011] You're like an adult and stuff.

[1012] That's what you had to do.

[1013] Okay.

[1014] I've worked really hard, and I deserve it.

[1015] Sorry, you don't get to do stupid stuff because of that.

[1016] And cashing out your retirement stuff is bad.

[1017] for you.

[1018] I'll throw the pity party with your hands.

[1019] Yeah.

[1020] It's, it's okay.

[1021] It's bad for you.

[1022] I want you to go.

[1023] I want you to go.

[1024] But we're not, if we go, we're not going to do it because of those feelings, because those feelings will cause you to do stupid stuff your whole life and get you broke.

[1025] I know, because I used to fall for that all the time.

[1026] Now, got that out of the way.

[1027] The, so you need how much to go over there?

[1028] I was thinking $3 ,000.

[1029] Okay.

[1030] Did you actually run a budget of what you need to go over there?

[1031] You need gas.

[1032] It's not $3 ,000 worth of gas.

[1033] What else do you need?

[1034] Probably food.

[1035] Okay.

[1036] And it's next week.

[1037] Yes.

[1038] And the $10 ,000 is frozen?

[1039] What was that in the account?

[1040] What was the $10 ,000 in again?

[1041] Yada bank account.

[1042] It was Graham Steffen was recommending it at some point.

[1043] The I bought a bank.

[1044] I'm sorry.

[1045] It's like a savings account?

[1046] Why is it frozen?

[1047] Did it fail?

[1048] I'm not familiar with what you're talking about.

[1049] Um, synapse, uh, went into, um, it's in that deal.

[1050] Okay.

[1051] Now I know what you're talking about.

[1052] So yeah, it is a bank failure.

[1053] So you've got an FDIC frozen account.

[1054] Oh, geez.

[1055] Okay.

[1056] All right.

[1057] I also do have about $3 ,000 in I bonds, but they aren't a year old yet.

[1058] I don't care.

[1059] Go cash them.

[1060] That's it.

[1061] Go cash them.

[1062] Go cash them and go on vacation.

[1063] Yeah.

[1064] You can't.

[1065] You can't.

[1066] Get to the 10K.

[1067] It's a failed bank.

[1068] You're going to have to wait on the FDIC to do that.

[1069] The other thing, if you cash out your Roth IRA, you're going to lose so much money.

[1070] Oh, when you're your grandmother's age, you would call me up and choke me if I let you do it.

[1071] So no, no, no, no, no, no, no. Yeah, cash out the I bonds, kiddo.

[1072] Oh, by the way, anything else you got?

[1073] Put it on a Facebook marketplace.

[1074] Let's have a huge garage sale at your house this week and sell everything in sight, and let's go see Granny.

[1075] I want you to go.

[1076] I just don't want you to cash out your retirement to do it, and I don't want you to use your feelings to make your decisions with.

[1077] use math and logic and wisdom and grown up emotions it's a valid thing to want to go i want you to go i want you to do it smart this is the ramsie show rachel cruise ramsi personality is my co -host today open phones at triple eight eight two five five uh james do you have the numbers on what that thing this video did on social i don't know them off it was millions of millions but i don't super exaggerate.

[1078] It might have been 10 million.

[1079] Not off the top of my head, but I can go look.

[1080] Okay.

[1081] If you get it, that'd be great.

[1082] So our social media team goes back through the archives of this show, and they found a talk, our call I took, gosh, it had to be before 2019 because it was in the old studios.

[1083] We've been in this building since 2019.

[1084] And I can tell by the background, obviously, in the video.

[1085] And they posted a clip of it.

[1086] And sometimes we around here are all.

[1087] a little bit caught off guard by, you know, we may post 10 clips.

[1088] One of them will have, you know, a million views and one of them will have, you know, 40 million views or something.

[1089] And so on Instagram, I've got about 5 million people on Instagram or something like that.

[1090] And so, do you find it?

[1091] 5 .8 million on Instagram.

[1092] We're looking at the other.

[1093] 5 .8 million this thing viewed on Instagram when they posted it, which we don't understand sometimes why some of them take off and you guys are so.

[1094] response to some of them and other ones just that we think are really cool don't take off anyway this thing blew up so we're going to play it and then rachel's going to tell us why it blew up no i'm kidding i was like i haven't seen it i haven't seen it all right watch careful then here we go i have 35 credit cards okay are you are you ready to endure some pain to get rid of this mess it's going to leave us with hardly anything are you ready to endure some pain to get get rid of this mess yes i am what about your husband oh yes yes he is okay all right and the two of you need to sit down together go on every dollar dot com and do your budget tonight okay you can download it to your iPhone or your android or your desktop it's free check comes in all the money goes out and then you're broke and you can't figure out how to go the grocery store yes exactly you're not living by any kind of plan this money is owning you you don't own it and you got to get the other side of it and the budget helps you do that you're telling your money what to do instead of wondering where it went okay and then you and your husband are in agreement, we're going to sacrifice deeply because I am so sick of living like this.

[1095] And when you get sick and tired of sick and tired, you're ready to change your life, kiddo.

[1096] Yes.

[1097] You can do it.

[1098] And you call me back if you need help, okay?

[1099] Okay.

[1100] Thank you, Dave.

[1101] It sounds like a call I've done 5 ,000 times.

[1102] Well, 30, she'd say 35?

[1103] Maybe that was it, though.

[1104] 35 credit cards?

[1105] Yeah, but I mean.

[1106] It's a lot.

[1107] But yeah, it's a, it's a George Costanza wallet, right?

[1108] I mean, you know, I don't know what that means on Seinfeld George had a wallet that was six inches thick yeah Seinfeld yeah okay a whole different one okay I know I'm friends another generation I'm friends versus Seinfeld sorry but no I mean I don't know either I don't know I don't know I don't know why 10 million people want to see that it's probably $35 ,000 and everything you said in there though is all true you want to be the one controlling your money not your money controlling you.

[1109] You actually want to be able to have a say.

[1110] You're exhausted of how you've been living.

[1111] I mean, it's, it is all of that pent up tension when it comes to feeling lost and hopeless with money, right?

[1112] I mean, it's, it's the exact pain point.

[1113] So many people feel.

[1114] When you reach the point of being sick and tired and being sick and tired and less Brown, the great motivator, I've said it a thousand times, always said you finally say, that's it.

[1115] I've had it.

[1116] That's what I was asking her.

[1117] Challenger, are you ready?

[1118] Yep.

[1119] Because you've got, because change is painful.

[1120] Doing something you've never done before is scary.

[1121] Yep.

[1122] It's frustrating.

[1123] It's painful.

[1124] But you're going to keep getting what you've been getting unless you change the mix.

[1125] If you keep making a cake and it's strawberry and you want chocolate, you should change the recipe.

[1126] You know, you're going to be surprised.

[1127] It's chocolate again.

[1128] Who knew?

[1129] Well, of course, it's the same stupid cake.

[1130] You made the same stupid recipe.

[1131] So you keep doing that in your life.

[1132] It's the same thing.

[1133] And so if I keep eating what I've been eating, my body's going to.

[1134] to continue to look exactly like this.

[1135] Well, in any level of growth, and I'm thinking, you know, relationally, financially, physically, like any of that, I mean, all of it, there's a level of change that is so uncomfortable, but you have to be uncomfortable to grow.

[1136] If you keep staying where you, you know what I mean, how you've been, you're going to, there's no pain involved because there's no friction.

[1137] It's just, you're just doing the same thing over and over again, right?

[1138] So when you are changing, it's going to be uncomfortable, and there's going to be some pain, but that means you're growing.

[1139] You're growing in an area of your life and you're not stagnant.

[1140] It's not change.

[1141] The pain is not for nothing.

[1142] It's transformation.

[1143] Yep.

[1144] It's the strain of the caterpillar pushing out of the cocoon allows it to become a butterfly.

[1145] It's transformation.

[1146] It's not accidental.

[1147] And so you can count on you becoming the next awesome version of you hurting it's going to be painful at times you know no discipline seems pleasant at the time the Bible says no discipline seems pleasant at the time but ding ding ding but it yields a harvest of righteousness so no you know no time uh you know you and Winston got got the whole family doing cold plunges at no point in doing a cold plunge is it My children, I don't know.

[1148] We put the little babies in there too.

[1149] No, God, no, no, no, no, no. No, but I mean, you got, you got, at no point.

[1150] Yeah.

[1151] Is this fun?

[1152] Yeah.

[1153] But the result is inflammation's down, all these other things.

[1154] And, you know, the result is it's, you know, you pay a price to get better.

[1155] And that price is the pain of change.

[1156] And until you have enough pain where you are today, you will not walk towards the pain of change.

[1157] The pain of today can be just simple to simply disgusted with myself, or it could be I'm about to get foreclosed on.

[1158] I mean, the pain of today can be a lot of different kinds of pain, but you can, you can manifest pain today.

[1159] You can just get sick and tired of being sick and tired.

[1160] That's right.

[1161] It's a disgust, right?

[1162] And then you go, okay, 35 credit cards, I'm broke, I look like I'm in Congress, I'm not living like this anymore.

[1163] And then giving her a tool, every dollar, I think people are, they're, they're, they're needing something to help them in this in this world of money they're needing a tool they're needing something to assist them because it is it's hard to do it on your own right i mean i have a trainer to help you know with working out you have you have areas of your life that you get advice from and you have experts to help you and now in the world of technology you're able to in a great way you know have an app on your phone that is guiding you just as winston i we sat down two nights ago and did our august budget on every dollar so i'm like to have something assist you in it is such a gift, you guys.

[1164] So the every dollar budget, it's that.

[1165] If you go to every dollar .com and create your first budget for free and start actually doing this, that's a gift in of itself of having a tool come alongside you as well.

[1166] Yeah, but then you have to do it.

[1167] You have to stick to what you wrote down.

[1168] And if you wrote down something that's different than you, the way you used to live, and it says, okay, we're not going to spend anything on restaurants this month and we've been living at restaurants prior.

[1169] That's a big change.

[1170] That's right.

[1171] And, you know, it'll be about 30 minutes before that little devil on your shoulder says, chick fly.

[1172] No, the devil would not say chick flea.

[1173] That's Jesus chicken.

[1174] But he might say, he might say, he might say Chipotle.

[1175] I say, Chapolte.

[1176] Yeah, I don't know.

[1177] What would the devil say?

[1178] But anyway, you see what I'm saying?

[1179] There's going to be some kind of little thing reminding you.

[1180] Taco Bell.

[1181] Taco Bell.

[1182] Oh, that's definitely the devil.

[1183] No question.

[1184] That's the devil.

[1185] Okay.

[1186] So, oh, my gosh.

[1187] So anyway, whatever it is, you go, okay, what's the temptation?

[1188] Yeah, you know, you used to watch those cartoons when you're a little kid with Fred Flintstone, and he would have a little devil on one shoulder, a little angel on the other shoulder, right, whispering.

[1189] And what's the temptation?

[1190] Somebody's going to try to drag you back to your land of stupid that you're trying to leave, even though you have a roadmap with your every dollar budget on how to leave the land of stupid.

[1191] Drive on, boy, drive on, get through, get through, get through, push through, get through, get through.

[1192] the old country song if you're going through hell keep going you know keep going there's nothing on the other side deloni talks about that if you're going through a hard time the fastest way through a hard time is straight into it yep not trying to back up not trying to run around it not trying to avoid it run right straight through it and that's true of change that's true of transformation and that's why we teach you that snowball because you get out of debt fast we want you to lean in with intensity and and this is why the every dollar system works so I guess that's what that was.

[1193] I don't know.

[1194] It is a bit of a mystery to me. I was waiting for something so profound.

[1195] I'm just kidding.

[1196] Yeah, really.

[1197] It's a bit of a mystery to me that the things I've said like 80 ,000 times occasionally go viral and other times they're just flatt as a board.

[1198] And it could be the 35 credit cards.

[1199] That might have been.

[1200] It was a good opener.

[1201] It's a good teaser, yeah.

[1202] This is The Ramsey Show.

[1203] Live from the headquarters of Ramsey Solutions.

[1204] It's the Ramsey Show where we help people.

[1205] build wealth, do work that they love, and create actual amazing relationships.

[1206] Open phones at AAA 8255 -225.

[1207] Rachel Cruz -Ramsey Personality is my co -host today.

[1208] Thank you for joining us.

[1209] Carrie May is with us in Minneapolis.

[1210] Hi, Carrie May. How are you?

[1211] Hi, Dave.

[1212] I'm good.

[1213] Good.

[1214] What's up?

[1215] Well, about a month and a half ago, Um, my house was hit by a tornado.

[1216] Oh, my Lord.

[1217] Um, me and my three kids were home.

[1218] Um, it was horrifying.

[1219] I bet.

[1220] Um, and when we went to make the claim, we called the insurance and we were informed that our insurance had been dropped a few months ago.

[1221] And so we have no insurance.

[1222] How long have you been in the house?

[1223] Um, we moved in.

[1224] in February.

[1225] This was a new build.

[1226] We moved in February of this year.

[1227] And you put permanent, because usually when you do a new build, you have Builders Risk Insurance, which is different than homeowners.

[1228] Correct.

[1229] When you move in, you put a new homeowner's policy on it.

[1230] Did you do that?

[1231] So we had the Builders Insurance that started in July of last year, and it was supposed to go through July of this year.

[1232] It doesn't go through once you move in.

[1233] Correct.

[1234] The, We, so what we found out was that they had dropped our insurance during the building, not even when it was completed, but during the building.

[1235] And the bank never got informed of this.

[1236] When we went to sign the mortgage, the bank never verified that we were switching from the construction loan to a permanent homeowner's insurance.

[1237] But you didn't do that either.

[1238] You didn't know you were supposed to switch from a builder's risk to a homeowner's?

[1239] No. Okay.

[1240] Did you have a builder or a realtor or anybody involved in this?

[1241] We had, well, it's a manufactured home, so it was a company that built the house offsite and put it on the foundation.

[1242] But they were doing the contracting.

[1243] We went through a title company.

[1244] And we went through the bank and, yeah, they couldn't believe it when we called them.

[1245] And they were like, they did not know how it happened, how it happened that we did not have insurance.

[1246] Okay.

[1247] How much do you owe on this house and how much is left of it?

[1248] The house needs to be taken down to the foundation.

[1249] There's 277 ,000 on the mortgage.

[1250] and then what the bank did do because they did realize what a mess -up they had on their end is they backdated forced hazard insurance which only covers the mortgage but I don't know if that means it's going to cover the entire mortgage or if they're going to look at well there's still value in the foundation and things like that and subtract that I'm not sure how that works that's really good news okay um i am not sure how you uh that they may have some kind of a blanket policy for all of their loans that is forced placed and they have the ability to legally backdate normally you cannot back date insurance like right oh the house burned down let's go buy some fire insurance you can't do that normally um but the if they've got a blanket policy for all of their loans it's a for that's what's called force placed meaning that a bank can force and force insurance onto your property if you have a lien with that bank a mortgage with that bank it's forced placed if you haven't paid your homeowners to protect themselves only right and that's what this is and they they generally have a blanket policy for their whole portfolio so maybe that's how they're able to do that the good news is is the house was probably only uh cost you about you didn't put a lot down on it did you um we put 70 000 into it but you're going to get the lot I mean, yeah, we have the, it's a two and a half acre lot, and then plus we put in the septic and the well.

[1251] What's the lot worth?

[1252] We bought it for $36 ,000.

[1253] Okay.

[1254] All right.

[1255] I'm so sorry.

[1256] What a mess.

[1257] Okay.

[1258] Let's run two possible scenarios down.

[1259] I think what's going to happen is the bank's going to pay off the mortgage you're going to end up with a lot, and you're probably going to lose some money if you sold the lot versus what you put into it.

[1260] but you're probably not going to end up owing 270 ,000 bucks, which is really, really good news, agreed?

[1261] Mm -hmm, right.

[1262] So I'm sorry you've been through this.

[1263] Is everybody okay?

[1264] Yes, yeah.

[1265] Okay.

[1266] Were you guys living now?

[1267] We're living with my parents an hour away.

[1268] What's your household income?

[1269] 75 ,000.

[1270] Okay, and nobody was harmed.

[1271] Nobody was harmed.

[1272] Praise God.

[1273] That's important.

[1274] That's so scary.

[1275] Okay.

[1276] Yeah.

[1277] So what would I do if I were in your shoes?

[1278] If I went through all of that, is I would sell the lot.

[1279] Put the 40 or 50 ,000 that you can get out of the lot, whatever it is in my pocket, and I'm going to start the whole idea of homeownership over again and go, I lost 20 grand and nobody got hurt.

[1280] And that's where we are, okay?

[1281] That's not bad.

[1282] That's really not bad.

[1283] That's better than we started the call with, okay?

[1284] And that's probably what you're, I'm going to give you a 90 % percent.

[1285] probability that's what's going to occur and by the way I'm also going to tell you don't do manufactured housing again yep okay so the good news is you got out of manufactured housing because it goes down in value it does not go up and so this time we're going to buy a stick built normal built home or build a stick built normal built home one of the two with 50 ,000 down now we don't have 70 ,000 put down because we lost money on this overall transaction I think that's what's going to happen scenario number two pull all of this together including copies of the policies the insurance policies that if you haven't got them call the insurance company and tell them to send them to you if they don't send them to you your attorney's going to make them send them under discovery okay um because most states have a requirement of 30 days of written notice before they cancel insurance coverage.

[1286] The bank claims it didn't get written coverage.

[1287] You claim you didn't get written coverage.

[1288] They're going to have to prove they gave written coverage, or written notice of the coverage being canceled.

[1289] So, I should say that after the fact, I did realize that we had a letter that said that.

[1290] Oh, you're screw.

[1291] Okay.

[1292] Yeah.

[1293] Okay.

[1294] So what that means is you're not very organized and you don't keep your mail opened and your bills paid.

[1295] Right.

[1296] Okay.

[1297] Right.

[1298] That exercise cost you 20 grand, so change that habit, okay?

[1299] Yeah.

[1300] Yeah.

[1301] So they did give you proper notice.

[1302] So they're not at fault then.

[1303] Okay.

[1304] All right.

[1305] Because I'm guessing that Minnesota requires the same as most states, which is a 30 -day notice.

[1306] Tennessee does, I know, and most others.

[1307] So, yep, you're going to sell a lot, and you're going to get out by the skin of your teeth.

[1308] It sounds like because of forced -placed insurance.

[1309] I'm so sorry y 'all went through this.

[1310] What a horrible lesson to learn.

[1311] Folks, being organized and opening your mail and knowing what's going on, it's a big deal.

[1312] It's a $270 ,000 deal here.

[1313] This is The Ramsey Show.

[1314] Rachel Cruz, Ramsey Personality, my daughter, number one bestselling author is my co -host today.

[1315] Well, the live like no one else cruise on Holland America in March, going to Turks and Kako, St. Thomas, Puerto Rico, the Bahamas, with all the Ramsey personalities, plus Stephen Curtis Chapman, Manit Shohan, and others is almost sold out.

[1316] Now, almost means not quite, so you can still get a cabin, and the ultimate debt -free celebration, this vacation is, for those of you who are on Baby Step 4 and Beyond.

[1317] And we're going to have, as I said, Stephen Curtis.

[1318] So Rachel Stephen was over at the House Monday night.

[1319] And, you know, he's a Grammy Award winner, 67 Doves, major, major deal.

[1320] Last week, he got inducted into the Grand Old Opry.

[1321] Oh, that's great.

[1322] And he was tearful talking about Ricky Skaggs.

[1323] Our buddy Ricky did the induction surprised him.

[1324] And he had actually done an appearance on the Grand Ole Opry when he worked at Opry land when he was 19.

[1325] Oh, yes.

[1326] Stephen's not 19 anymore.

[1327] So, yeah.

[1328] Opriland, those were the days.

[1329] Pretty cool.

[1330] So he's going to be with us on the cruise.

[1331] All of us, all the Ramsey personalities, will be doing events and talks and other things.

[1332] Manit will do a cooking demonstration.

[1333] She's off the food channel and all this stuff.

[1334] It's going to be pretty stinking cool.

[1335] You can put a $600 deposit down before all the cabins are gone.

[1336] You should do that before all the cabins are gone because it's almost sold out.

[1337] Go to ramsysolutions .com.

[1338] slash cruise will be cruising March 22nd through the 29th.

[1339] And this is a high -end nice cruise.

[1340] This is Holland America.

[1341] This is not Walmart on the seas.

[1342] This is a pretty nice deal, okay?

[1343] So check it out, and you're going to love it.

[1344] Not that I hate Walmart, but Walmart on the seas is unappealing.

[1345] All right.

[1346] Now, Melissa is in Philadelphia.

[1347] Hi, Melissa.

[1348] How are you?

[1349] I'm good, how are you?

[1350] Better than I deserve.

[1351] How can we help?

[1352] Okay, um, it's a little complicated.

[1353] Um, my, uh, sorry, I'm at a crossroads and I feel very stuck and I'm, um, uh, sorry, I'm no nervous.

[1354] Um, I'm a single mother of a beautiful daughter.

[1355] She's, she's about turning 15 in October.

[1356] And I, I, I left her father eight years ago, my husband of 25 years.

[1357] We had her late to go to a miracle.

[1358] And I've been on my own with her.

[1359] We share custody.

[1360] That's a different story.

[1361] But I've been trying so hard to make it because he was always the breadwinner.

[1362] And I don't know at this point if I should go back to school, but my age, I feel like I'm running out of time.

[1363] How old are you?

[1364] I'm 56.

[1365] Oh, you're out of time.

[1366] That's for sure.

[1367] Stop.

[1368] I mean to start, like, a whole career, like, you know, a 23rd year.

[1369] Yes, I hear you.

[1370] You ever hear of the Sistine Chapel?

[1371] The famous painting in the Sistine Chapel, painted by Leonardo da Vinci?

[1372] You ever heard of that?

[1373] I haven't heard of it.

[1374] I heard of him, but not of that.

[1375] Okay.

[1376] There's a famous painting on the Sistine Chapel.

[1377] It's on the ceiling of the Sistine Chapel, 44 feet off the ground.

[1378] You probably see it.

[1379] It's right.

[1380] God and Adam, they're touching fingers, right?

[1381] Two guys touching fingers, yeah.

[1382] Okay.

[1383] Yeah.

[1384] That's it.

[1385] It was painted by Leonardo da Vincival.

[1386] she laying on his back on scaffolding.

[1387] He was 77 years old.

[1388] Wow.

[1389] Colonel Sanders never fried any chicken until he was 72.

[1390] Multi -millionaires all over the world with Kentucky fried chicken because of him.

[1391] You're not done, kiddo, as long as you're breathing.

[1392] I have nothing.

[1393] I really do.

[1394] I mean, I'm nothing, nothing.

[1395] I mean, one good thing, I'm under $5 ,000 in debt, you know, that I owe.

[1396] So your daughter is 15.

[1397] How long have you been gone from the husband?

[1398] Eight years, 2016.

[1399] Okay, and you've been surviving since then as a scrappy she bear.

[1400] It's been hard.

[1401] You're a warrior princess.

[1402] You are tough as nails.

[1403] I don't feel that way, honestly.

[1404] I really don't.

[1405] I guarantee you, you've freaking survived.

[1406] You've got no debt.

[1407] And you raised a 15 -year -old.

[1408] My God, these are mammoth tasks.

[1409] Seriously.

[1410] I'm trying.

[1411] You need, seriously, you're tired.

[1412] I don't blame you for that.

[1413] You have a level of emotional, you have a level of emotional fatigue, and you've never completely regained all of your confidence yet, but you are a pretty amazing lady.

[1414] Now, what is it you want to be when you grow up, Melissa?

[1415] Okay, so back in my 20s, I was started college to my goal then was to become a CPA.

[1416] Good.

[1417] And I did go to college for, but it was under two years, and I dropped out.

[1418] Okay.

[1419] Life happened.

[1420] My grandfather passed.

[1421] I'm not making excuses.

[1422] My one friend told me, warned me back then, don't do it because you won't come back.

[1423] And she was right.

[1424] That's all behind us.

[1425] Is that what you want to do?

[1426] I do.

[1427] I've done bookkeeping throughout the years.

[1428] That's what you want to do?

[1429] So what do we need to do?

[1430] Let's go do it.

[1431] What do you got to get?

[1432] I got to get a two -year degree and then go get your CPA?

[1433] Should I go back to college?

[1434] Go into that debt.

[1435] You're not going into debt.

[1436] We're just going to go get a community college and get a two -year degree in accounting and pass your CPA?

[1437] It takes more than two years, doesn't it, for CPA?

[1438] Is that just a test?

[1439] I mean, don't pass a test.

[1440] You're an adult.

[1441] You're not a 21 -year -old.

[1442] Okay.

[1443] I mean, check in Pennsylvania what you've got to do, start talking to the community colleges.

[1444] And what I want you do is gather up a bunch of online options and a bunch of community college options.

[1445] They're very inexpensive and go take whatever you need to take and then take the test and go be your next self.

[1446] you're awesome I think I don't well and none of this none of this is going to cost a lot of money well I'm looking at my other dilemma was you know online there's a lot of things popping up be a bookkeeper make your own business and you know without college and I click on certain links and some of them are in my opinion scams because yeah most of that's a bunch of crap and you most that's get rich quick crap you know that yeah and that's not what I want why don't you go talk to talk to five or six different people that own accounting firms and ask them if they need some help and what of your education they would pay if you went to work for them okay and let's go ahead and just get started around here where i'm at but i could definitely look look into that look anywhere it doesn't matter wherever you want to be i don't care you the new you can live wherever you want to live you're melissa i don't remember this you know what's funny my my um my self esteem the whole life has not been well you know it is at times because i know deep down who i am but there's been a lot of a lot yeah you've been through hell um hey so deloni dr deloni our guy that's got a phd in counseling around here he does a lot of work with trauma situations that's what i've had extreme trauma and he says that one of the things you need to remember when you're in trauma or have been through trauma is that facts are your friends not feelings okay so what I've been yelling at you for the last few minutes because I'm your friend and I love you is our facts I've been telling you the facts that I've already discovered in a short conversation about Melissa wow those weren't feelings I don't have any feelings I don't know you okay I'm just observing who I'm talking to and feeding it back to you so facts are your friends and that'll all also be true when you go talk to some accounting firms and you do some, you talk to like Liberty University about their online programs.

[1447] They've got the largest online program in the world.

[1448] You ought to go check them out.

[1449] You go talk to the local community colleges.

[1450] They're very inexpensive to go to, maybe even free.

[1451] I'll say some states they're free.

[1452] Yeah, some states are completely free.

[1453] And go gather up a bunch of facts.

[1454] Yeah, and Melissa, hold on the line because Christian will pick up.

[1455] We'll give you Ken Coleman's assessment and his book just to kind of, you know, get some again facts on paper about who Melissa is and then Christian throw in John's books as well building a non -anxious life and um yeah what's this John we love building a non -anxious life will do it that's what you know but on your past change your past change of it sorry John that one's that's better for her situation oh your past change your future but that's all good those are all good tools and give her the get the clear assessment and they uh find the work you're wired to do book and all of that all of that because that's that's what you need to do Sit down and make some lists of a list of actually what is going on, not what the feelings are about what's going on.

[1456] Because you've been in just freaking survival mode for so long.

[1457] You haven't looked up and realized exactly where you are.

[1458] And Melissa, go talk to those people like Dave said, because you may find, too, gosh, there's a position over here that I may not need as much over, you know, the degrees.

[1459] And this is a great fit and pays great.

[1460] And I can just kind of plug in here.

[1461] You never know.

[1462] So talking to people and who you know is so key to.

[1463] Yep.

[1464] Go get them, girl.

[1465] Go get them.

[1466] You're a warrior princess.

[1467] This is the Ramsey show.

[1468] Rachel Cruz, number one bestselling author, Ramsey Personality, co -host of the Smart Money Happy Hour.

[1469] My daughter is my co -host today.

[1470] Why, David, is with us in Harrisburg, Pennsylvania.

[1471] Hi, David.

[1472] How are you?

[1473] How are you doing?

[1474] Better than I deserve.

[1475] What's up?

[1476] Okay, so my question is, so just a backstory.

[1477] About a year ago, my wife's grandfather had passed away.

[1478] So we had moved down with grandmother just to keep her in good spirit.

[1479] So recently it was brought to my attention at when full circle happens and she passed away, the house will be given to us.

[1480] Now, one thing I don't want to wait around on is that.

[1481] So my question is, do I follow the baby steps and still save up for a house and purchase the house?

[1482] or since this house is being inherited to us, do we stay here?

[1483] I think there might be some other reasons to stay there, but I wouldn't stay somewhere because of a house.

[1484] Correct, correct.

[1485] I would live where I'm supposed to live my best life and what is good for you and your wife.

[1486] And if you're there temporarily to care for a family member, that's nice and noble, but that does not mean that you are, directed by God to spend the rest of your life in that particular location.

[1487] So you just got to decide that, right?

[1488] And so the two of you need to say, okay, 10 years from today, where do we see ourselves living?

[1489] Mm -hmm.

[1490] You have any idea of the answer to that question?

[1491] I don't.

[1492] Okay.

[1493] Do you think it's there?

[1494] No, I really don't.

[1495] Okay.

[1496] Then inheriting that house is irrelevant.

[1497] Okay.

[1498] Because when you inherit it, you're going to sell it.

[1499] Yes, and that's also one thing I did talk to my life.

[1500] I'm like the emotional aspect, are we just going to sell the house anyway?

[1501] But that's the case, then we can just look for a house.

[1502] You can look for a house anyway, because you're not going to stay there.

[1503] Now, are you going to stay there until she passes to take care of her?

[1504] Most likely that would be the plan.

[1505] I know she said that she wants to, she's going to be retiring soon, But also when she gets to a point to where, like, she can't take care of herself, she's saving a lot of money just to, like, do the nursing home route.

[1506] We're talking about grandmother.

[1507] Yes.

[1508] Grandmother's still working?

[1509] How old is grandmother?

[1510] She retires next year.

[1511] She's 64, I want to say.

[1512] Oh, good Lord.

[1513] Yes, that's the biggest thing.

[1514] I'm like, I know, I'm 63.

[1515] If you're waiting on me to die, it's going to be 30 years, okay?

[1516] 100%.

[1517] You don't need to be taking care of me. I'm 63.

[1518] You guys need to go live your life.

[1519] A 64 -year -old does not need to be cared for unless they've got an illness.

[1520] Yes, understandable.

[1521] You don't need to hang around and wait on her to get old.

[1522] No. I think y 'all, y 'all need to really start thinking about worry.

[1523] How long have you guys been married?

[1524] We actually have been married a year.

[1525] Okay.

[1526] Ah, okay.

[1527] All right.

[1528] Yeah.

[1529] Yeah, you went there to help take care of grandpa when he was.

[1530] he was sick.

[1531] That was sweet.

[1532] It's time to move back to where you're going to have your life.

[1533] How far away are you guys from them?

[1534] We were living about 45 minutes away, and I'm actually still commuting up there to work.

[1535] Yeah, you need to move up there and start talking about saving up money, get out of debt, build your emergency fund, buy a house there, brother.

[1536] That's, um...

[1537] And then in 20 years, in her 80s, if she needs help, y 'all can make that decision.

[1538] But that's, I mean, that's a long, that's a long time.

[1539] Yeah.

[1540] Hello.

[1541] Hello.

[1542] Yeah, it took me a second when I realized grandmother was still working.

[1543] Okay.

[1544] I always think of grandmother as old, and yet I'm married to one.

[1545] What do I know?

[1546] Okay.

[1547] All right.

[1548] Here we go.

[1549] All right.

[1550] Lori is with us in Atlanta, Georgia.

[1551] Hey, Lori, what's up?

[1552] Hey, thanks for taking my call, Dave.

[1553] I appreciate it.

[1554] Sure.

[1555] How can I help?

[1556] So my situation is I have a, I'm trying to get my car payment lowered.

[1557] And currently I owe $23 ,000 on it.

[1558] And I'm not really getting a lot of breaks in terms of lowering it.

[1559] And I'm just wondering if I should be paying in addition to the car payment, you know, a little bit more, or should I be thinking about trading in this car and getting an older one for less money?

[1560] What do you make?

[1561] About 40.

[1562] And you owe 23.

[1563] Yes.

[1564] How much money have you got in the bank?

[1565] Right now about 10 Okay What's the car worth You know I'm not really certain What it's worth I honestly am not sure about that Okay You're trying to fix this Without feeling any pain Yeah Exactly And it's painful because you bought a car that's too expensive What we have found is mathematically, cars are the largest things that we all buy that go down in value, and you don't want to own vehicles with motors and wheels totaled all up to equal more than half your annual income.

[1566] You broke that rule.

[1567] Okay.

[1568] So you need to move down in car, and you should be in a car around $10 ,000 or $15 ,000, and it should have no payments.

[1569] Okay.

[1570] Okay.

[1571] So what that may mean is that we sell this.

[1572] this car write a check because you're probably upside down was that your guess too yeah okay and then maybe you buy a $5 ,000 car and start saving for another $5 ,000 on top of that to get a $10 ,000 and then start saving and put another $5 ,000 on top of that and get a $15 ,000 it may be a three year or a two year process to move back up from a $5 ,000 zero payments all the time car up to a $15 and get rid of this thing.

[1573] Okay.

[1574] It's bringing you more pain than it is joy.

[1575] Yes, it is.

[1576] Okay.

[1577] No kidding.

[1578] Yeah.

[1579] And I can tell that in the math.

[1580] I mean, it's, um, if you, even if you hadn't realized it, it is bringing you more pain than it is joy.

[1581] So, yeah, it's, it's very easy to hold on to something like that.

[1582] And the weird thing, Rachel, too, is cars, we all tend to think they're more permanent than they are.

[1583] Like we're, like, like a car is a big deal.

[1584] You just sell a car.

[1585] houses now you start selling a house that's a big deal that's hard right right that's uproots everything but car i mean you just got to clean out the glove box take the license plate off it's really there's not a lot to sell a car i mean you get it's just a stupid car there's another one right there another one right there they're everywhere so you can and so but i have that tendency to i feel like if i'm in a car get emotionally attached or something well no i just feel like it's like it's like a rule i have to keep it if i bought it or something i don't know i did that with a truck of while back you probably forget that truck but I bought this truck and it was a big old it was a nice truck but it rode it was horrible I've been driving a raptor and it has a better ride and um I drove that thing for about four months and I thought why am I driving this car I hate this car and I don't hate cars I love cars so this is dumb so I just sold a stupid truck and I thought wow that was kind of freeing idea I'm not I'm not stuck with it you know I can just get rid of it it's just a car you know it's just a car get me another raptor life goes on you know it's like just a car so yeah that's that's the way i you i is trying to train myself and everybody else to hold these things with a little bit more of an open hand becky or i think it's becky is with us in los angeles uh i didn't go the same school you went to a christian hi becky how are you i'm good thanks how are you dave better than i deserve what's up so i'm on baby step seven thank you for changing my life um is it is it Becky or is it Bessie B, E, C -K -Y, Becky.

[1586] Okay, all right, I thought he spelled it wrong.

[1587] Okay, how can I help?

[1588] I'm sorry.

[1589] That's okay.

[1590] I wasn't positive.

[1591] All of a sudden, they're back in the booth talking like I'm an idiot, so I couldn't figure out what's going on.

[1592] Okay.

[1593] All right.

[1594] So how can we help you, Becky?

[1595] All right.

[1596] So my baby's step seven.

[1597] I own my home.

[1598] I have two 401ks who are worth just under a million dollars total.

[1599] Way to go.

[1600] I'll be, actually, thanks.

[1601] I'll be 59 next week.

[1602] So I'm, you know, getting closer to retirement age.

[1603] I make about 200 ,000 a year, and I'm not eligible for a Roth IRA.

[1604] So right now I'm just putting the maximum amount I can put in every year into my 401K.

[1605] Is your 401K have a Roth option?

[1606] No, well, it does, but I don't think I'm eligible.

[1607] Oh, you're eligible.

[1608] 401Ks don't have an limit on them.

[1609] So a 401K Roth is okay?

[1610] Yeah, from this point forward, I wouldn't change your everything you got the million you got in there over, but from this point forward, your contributions ought to be in a Roth.

[1611] and get with a SmartVestor Pro at Ramsey Solutions .com.

[1612] You can do a backdoor Roth, even if your income exceeds the limits.

[1613] I do backdoor Roths every year, and my income far exceeds the limits.

[1614] So you can do all that and keep maxing stuff out.

[1615] You're making a lot of money.

[1616] You've got a lot of money.

[1617] You're a millionaire starting from nothing.

[1618] You're amazing.

[1619] Way to go.

[1620] Our scripture of the day, Philippians 317, joined together in following my example, brothers and sisters.

[1621] And just as you have us as a model, keep your eyes on those.

[1622] those who live as we do.

[1623] That would be Paul speaking, not Dave and Rachel.

[1624] Dolly Parton said, if your actions create a legacy that inspires others to dream more, learn more, do more, and become more, you are an excellent leader.

[1625] Love Dolly.

[1626] Well, Miss Dolly, you are an excellent leader.

[1627] Dream more, learn more, and do more, and become more.

[1628] One of the most compassionate kinds.

[1629] Generous, inspiring.

[1630] Have you ever met her?

[1631] Lives in our neighborhood.

[1632] No, I have not.

[1633] and she would be one of the two or three people on the planet on my bucket list that I'm not met, you know.

[1634] I'm not a big star chaser.

[1635] I don't really, not really impressed much with those folk.

[1636] I mean, I like them.

[1637] I know a lot of them, but it's not a big.

[1638] You like the showbiz a little bit.

[1639] Yeah, a little bit, but very little.

[1640] But I mean, but she's so iconic.

[1641] Oh, man. Dolly's the best.

[1642] All right.

[1643] Todd is in Indianapolis.

[1644] Hey, Todd, how are you?

[1645] Good.

[1646] How are you, Dave?

[1647] Better than I deserve.

[1648] How can I help?

[1649] Sure.

[1650] Thanks for taking my call.

[1651] Hey, I just had a question and wanted to see about your philosophy from a 15 -year mortgage perspective versus maybe going a 30 -year mortgage, but possibly paying it off like a 15 -year mortgage -type deal, whether it be making biweekly payments and then making an extra monthly or making an extra mortgage.

[1652] payment each quarter yeah there's a couple of numbers that bother me when I think about that concept okay the the Federal Reserve has done a study that says on it comes to mortgages 97 .3 % of the mortgages are not systematically repaid or prepaid okay not systematically prepaid which means if I take out a 30 and I promise to pay it like a 15 I'm claiming to be in the top 2 .7 % of the people out there as far as my discipline goes.

[1653] I don't want to make that claim about me because I know me better than that.

[1654] The second thing is I have read and discovered there's a guy named David Bach years ago, came on the scene after I did, that wrote a book called Automatic Millionaire.

[1655] And he makes a very valid point in that book to do as many things in your life as you can that, uh, that you put on autopilot that are automatic discipline.

[1656] Uh, for instance, you know, you automatically have money withdrawn going into your 401k.

[1657] You automatically have money coming out of your checking account to pay your insurance.

[1658] So you don't have to think about it.

[1659] It's paid on time.

[1660] Okay.

[1661] You don't pay late fees on your utilities because of auto withdrawal.

[1662] All those, anything I can do that's automatic that helps my discipline be automatic.

[1663] I don't think about it.

[1664] I don't slip up.

[1665] It's not an accident.

[1666] It's just there.

[1667] It's done.

[1668] And if I have a 15 -year mortgage, we do know 100 % of the time it's going to be paid off in 15 years or less.

[1669] That's the second data point.

[1670] The third one is that we find, as we studied 10 ,167 millionaires in the largest study of millionaires ever done, that the typical millionaire, Todd, that we run into that has $1 to $5 million in net worth, they're not a multi multi multi they're not got 30 million or 50 million but they're they got that first million second million third million typically in that one to three million and particularly there's two major things that show up almost every time one is 800 to a million two or something like that in their 401k again automatically done or their Roth IRA automatically done the second thing we find is they have a home that is paid for this six or seven eight hundred thousand dollars those two things combined to give them a net worth of one to three million typically though those two things show up all the time as a paid -for home and then when we interviewed them we found two types of millionaires that we were interviewing out of these 10 ,000 ones that were doing Ramsey stuff and familiar with us and ones that had never heard of us okay and it was about 50 -50 we tried to find a group a large group that had never heard of us because we didn't want the research to be biased okay and so the group that does not follow us typically paid off of millionaires in America, typically paid off their home in 11 .7 years.

[1671] The group that did follow us pays off their home in 10 .2 years.

[1672] The difference doesn't matter.

[1673] It wasn't enough that we went, ooh, Ramsey's way cooler.

[1674] We're not.

[1675] We're just right there together.

[1676] We were a little bit better, the Ramsey tribe, but not a lot better.

[1677] The bottom line was, though, what we could say conclusively is that millionaires pay off their homes in 12 years or less on average.

[1678] Okay.

[1679] So all of those reasons say, don't do it.

[1680] Do a 15 -year.

[1681] And a 15 -year fixed rate where the payments are less than a fourth of your take -home pay.

[1682] Yeah, that's right.

[1683] And I think what's hard to, Todd, is in today's market, right?

[1684] I'm like, oh, you stretch your.

[1685] Yeah, the price of houses and all of it.

[1686] And I feel like, this is the one place that some people like, oh, we'll just do a 30.

[1687] and pay it like a 15 yes and then you don't and then things end up happening and if you're not on a plan and you're not intentional with it you know that it's not going to happen so the systematic approach that you just get in easily fall into it and and and it's great so yeah you have all these things come at you while you're trying to do this promise to pay yourself a 30 like a 15 prom dresses and transmissions would you say though out of that 10 .2 years and 11 .7 years that some of them had 30 year but because they were on a plan to pay it off early.

[1688] They just weren't, we didn't ask.

[1689] Yeah, we did not get that.

[1690] I'd be curious if that's a, we didn't get that piece of information.

[1691] We just know that they did it.

[1692] You're right.

[1693] We don't know what the average was.

[1694] Because they got, they did it early.

[1695] And so in my case, what that means is, though, that you need to take out of 15 and do it even faster.

[1696] Mm -hmm.

[1697] Do it in 10.

[1698] If you can't do it on the 15, you can't do the millionaire plan.

[1699] You'll get a better interest rate too with the 15.

[1700] That's true.

[1701] Like as much as a half a percent right now, it's pretty crazy.

[1702] It's a big deal.

[1703] Amber's in Sacramento.

[1704] Hi, Amber.

[1705] How are you?

[1706] Doing good.

[1707] How are you?

[1708] Better than I deserve.

[1709] What's up?

[1710] Well, not doing great, actually, to be honest.

[1711] My husband's been working in the mental health field for the last eight years, the last three of which he's been fully remote, which hasn't been a great transition for him.

[1712] He really hates his job, to put it simply.

[1713] he took the career assessment in last August and decided that he really wanted to be in law enforcement he's been he applied and has been working out and doing all of the testing and he's been successful even got his conditional offer letter and everything but he was supposed to start in a week and we just heard today that he didn't pass his psych evaluation so he will not be joining and on top of all of that I'm three weeks postpartum so our whole world just got turned upside down because this is something we've been looking forward to for so long I just don't know what to do next I'm so sorry Amber he already had two weeks in it at work because he thought he was in what came back on the psych evaluation do you know like the details of that because that's interesting a mental health professional didn't pass the psych eval.

[1714] That's right.

[1715] Yeah.

[1716] He passed the written test for psych, but not the person -to -person.

[1717] What was the, what was, did they tell you what the objection was?

[1718] They did not.

[1719] Okay.

[1720] Is there an appeals process?

[1721] Uh -huh.

[1722] There is.

[1723] Oh, do it.

[1724] Yeah.

[1725] And are there other forces around, you guys?

[1726] Maybe the guy doing the in -person eval had too much red bull.

[1727] That's what, yeah, he said they were.

[1728] let's just say an expletive Yeah, I would do it Yeah, I would do an appeal Yeah And by the way, that particular Law Enforcement Individual group It's not the only place to do law enforcement There's like one in every city, hello?

[1729] Or two in every city You can apply for another year You can apply in a different locale No other agency is what he's told me That's not true From applying anywhere else That's not true.

[1730] He could apply it 15 tomorrow, and they're all hiring because people are leaving law enforcement because of the way law enforcement is treated.

[1731] So, yeah, it's a great time to go into law enforcement.

[1732] I'm assuming he's okay if he's okay mentally.

[1733] I don't want him doing it if he's not okay mentally.

[1734] But I would go through the appeals process and I would go somewhere else.

[1735] Yeah, this is not the only girl on the planet.

[1736] There are other pretty girls.

[1737] Bad metaphor since you just had a baby.

[1738] Okay.

[1739] Yeah, there's lots of fish in the sea, as they say, right?

[1740] Congrats to Amber on the baby.

[1741] Sorry.

[1742] That puts this hour of the show in the books.

[1743] We'll be back with you before you know it.

[1744] In the meantime, remember, there's ultimately only one way to financial peace, and that's to walk daily with the Prince of Peace, Christ Jesus.

[1745] Dr. John Deloney here.

[1746] Mental and emotional health challenges, broken relationships.

[1747] It's all just part of life, but they don't have to define you.

[1748] The Dr. John Deloney's show is here to help.

[1749] It's a caller -driven podcast where you can get practical advice on dealing with anxiety, loneliness, depression, relationship challenges, your kids, and so much more.

[1750] Listen to questions from our callers, or if you're walking through a tough situation and need some help, give me a call.

[1751] You are never meant to do life alone, and that's what this podcast is all about.

[1752] Follow along on Apple, Spotify, YouTube, or the Ramsey Network app.

[1753] Remember, your worth being well.