The Ramsey Show - App - An Easy Way to Get Control of Your Money (Hour 2)

Episode Date: August 30, 2018

The show about you

Live from the headquarters of Ramsey Solutions, it's the Dave Ramsey Show. Where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. I am Dave Ramsey, your host. Thank you for joining us. Open phones at 888-825-5225. Dave is in Cincinnati starting this hour off. Hey, Dave, how are you? Dave?

Hey, Dave, how are you? Good, man. How are you doing? Can you hear me okay? Yes, sir. I'm doing good. How can I help? Hey, I know you hear it a lot, but, you know, God bless you with a tremendous amount of wisdom,

and I certainly have gained a lot of knowledge from your program. But I also have an opportunity to be a table facilitator at our church, so it's been amazing for me. Well, thank you. Thank you for doing that. It's a lot of fun. You and I are both getting to share in that fun of watching people change. It's a huge blessing to have work that matters. How can I help today?

Well, normally I would like to say I could answer the question, but I'm going to make a decision here that I need your help on. And your last call for the debt-free screen could decide whether or not I could be doing that in six months or two years. So that's where I'm at, 56 years old, got just at a million in my 401K. Of that million, there's $35,000 is in a Roth. My mortgage is $48,000, and I wanted to know if it was okay to go over and reach into that Roth piece since it wouldn't be taxed, right?

Right. And then pay off that, and then it would put me at about four months for paying off my baby step six to move into baby step seven. So you have $35,000 of principal in your Roth that you put in? Yes, I put it, yeah't you can't touch the growth you can only touch what you've put in that's correct okay and you have a million in 401ks and roths yeah i have my emergency fund plus i have a piece of a car fund a piece of a kitchen fund a piece of a bunch of funds but um how much is in the piece of a kitchen fund, the piece of a bunch of funds. How much is in the piece of car fund, piece of kitchen fund?

The car fund is probably about $4,000, and the kitchen fund is about $2,000. Okay, not a ton there. What's your household income? No, it's right around $100,000. And that can take a sharp turn north um occasionally a couple years but for the most part i plan on about 100 last year it went up to about a buck 50 and you owe 48 and you owe 48 on your house 48 48. Okay. There's not a wrong answer here, okay?

There's not a thing that says, oh, this is stupid or this is smart, never do it or anything like that. You've not ventured over into one of those areas. The two, you know, when you kind of put the two columns of pluses and minuses, pros and cons, and you start measuring this out, here's what I run into. Obviously, the pro is you're out of debt very, very quickly if you do this. The con is at 56 years old, you said, right? Mm-hmm. What that 35 will grow to with no taxes on it ever by the time you're up in your 70s is a lot and you're going to lose every bit of that by doing this um it doesn't kill you and that's why it means that's why it's not in the stupid zone if it was the only money you had we wouldn't

do it because it would kill you because you got a a million bucks. You've done it, man. You're a millionaire. Well done. Congratulations. So it's just that we're giving up what we would gain 100% tax-free on that 35, and what are we gaining by giving all of that up two years? Right. I think it was going to be done in about 17 months yeah something like that i'm probably not doing it yeah right okay because here's the other thing that's running through my head if you want to do it you can do it anytime but you can't undo it once you did it.

Yeah, I like that. So I'm going to plug ahead, knowing that if at any time I want to, I can pull the trigger and finish it. Well, I wanted to come and see you in six months, not two years, but I can amend that pretty easy. Yeah, it's not to say if you do it the other way, you know, you're not thrown out of the table. You're not thrown out of the Financial Peace University Coordinator Club for being stupid. You're not any of that.

I mean, it's almost an intellectual discussion. It's not an emotional discussion. It's not a financial discussion because you did it. I mean, this is pennies on the dollar of the situation. If you take $35,000 out of that account and burn it in your kitchen sink it doesn't change your life you know it really doesn't right you wouldn't do that obviously but the point is it's a small enough part of your world that this decision is not a deal breaker it's a biscuit so we're buying a biscuit here but but i'm just it's just a math thing for me and knowing

that i could reach over and be out of debt anytime i want by doing this once you get that down to 35 i'm going to go ahead and just work it work it work it and maybe you have that year where that hundred goes north and you just knock it out and you didn't have to touch it or maybe you get into yeah or maybe you get into a little bit of a strain and you just say, you know what, I'm sick of this. I'm going to do it. And you pull it out and finish it. Either one is fine.

Either one of those is fine. Very well done, sir. Very, very, very well done. We appreciate you and appreciate you listening and leading the class and so forth. Did you inherit any of your million dollars? Zero. Okay. And so you're a 56 your million dollars? Zero. Okay. And so you're a 56-year-old millionaire.

The house is worth what? Close to four. Okay. So you're worth about a million and a half, give or take. And what was your best year ever household income? What's the most your family's ever made a year? Last year it was $150,000, but you got to remember, I started out at about $18,000 for many years when I first started as a young

engineer. So you've never made over $200,000 household income in your life? Oh, no, no. In fact, last year was the big one, you know. And most years were under $100,'d say 75 to 100, yes. Okay. And so how did you do this? It's just steady investing in a 401K, it sounds like. Dave, I was a Larry Perkett guy. I followed him. And then, of course, I ran into you.

You're like this about four years ago. I called you and I told you I was stuck between Baby Step 3 and 4. And you kind of laid the hammer on me. And after I hung up, I was like, man, I'm doing all this stuff to help this program. But what you did was you put my mind on the right track because I ramped it up and I buzzed through almost $110,000 worth of my mortgage in like three years. Wow. I just hammered it by intensity.

Wow. And it was the best thing that I could have done. But anyway, I just follow. Yeah. So Larry's sitting in heaven right now. He's a friend. Smiling the way he caused you to do this. I'm proud of you.

Very well done. So if I laid the hammer, it must have done some good. It must have been for your good, which is the only time I do that, by the way. We don't do that for entertainment value. We do it for you. Hey, man, thank you. Thank you. Very well done. This is the Dave Ramsey Show. Listen up, my friends at Churchill Mortgage. Want to put some cash back into your pocket?

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Go to ChurchillMortgage.com today to learn more. And while you're there, don't forget to enter the end of summer giveaway. Call Churchill Mortgage today at 888-LOAN-200 or online at churchillemortgage.com. This is a paid advertisement at MLSID 1591 and MLSConsumerAccess.org. Equal housing lender 761 Old Hickory Boulevard, Redwood, Tennessee 37027. Sure is neat talking to a guy who started with nothing and becomes a millionaire. Never made over $150,000 a year. You can too, you know.

It could happen. You definitely could do it. We know this because we just finished a study here with Chris Hogan and the Ramsey Solutions team, and we hired an outside research firm to assist in the modeling for the research study that we did on millionaires. This is the largest study ever done on millionaires, and most of them sound about like that guy when we study them. We did a study. We've done detailed research on over 10,000 millionaires.

And the conclusions from that are inspiring because it tells you that you can do it. Now, lots of people in our culture have lots of excuses for lots of things. But it tells you that you can do it. And now we've put the book up for sale called everyday millionaires by number one best-selling author chris hogan that outlines what were the findings of this research and you know with chris's unique style everyday millionaires how ordinary people built extraordinary wealth and how you can too you got to see the book trailer go to amazon and click on the site and click on the book trailer you will love it and we've sold almost 15 000 of this book already and it comes out in january we just put it on pre-sale it's going to be the largest selling book we've ever done i think

uh as far as the publishing here that we've done now i mean total money makeover has done six million copies i don't know if this will do that. It might, though. You can preorder it today for $20, and you get $50 worth of free bonus items because we're bribing you to buy it early because it comes out in January. January 7th, we're going to mail you the book. January 7th, we're going to click through and send you the audio book. January 7th, we're going to send you the e-book. Now we're going to send you a video lesson from Chris Hogan called How to Retire Inspired and a video lesson from Chris Hogan called How to Retire Inspired

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You want to be like that guy that just called? That's how you do it. All right. Billy is with us in Helena, Montana. Helena, that is. Hey, Billy. How are you? I'm great.

How are you? Better than I deserve. What's up? Oh, I need your opinion for a heartburn that I have. I purchased a cabin about four or five years ago. Everybody, my family was looking for the girls. I have sisters. And ultimately, at the end of it, my sister and I have been paying for the,

um, cabin. I am done with the cabin. I want to get out of it. It's not what I thought it was going to be. So I'm the only one on the title. Um, I have given her an option of three options. One is she buy me out. I offer that to her um her husband came back with

um a really really low ball of how much the cabin is worth and um and so i didn't take that and then her and i could sell it that was our next option and why would it be her and i because she doesn't own it she doesn't own it but i felt that did she put money into it yes she has put money into it her and i have put money into it i'm just the only one on the title what how much money has she put into it um we bought the cabin for 30 000 so we each put we split that in half each month month we make half of the payment. Okay, so did you put any actual money into it, or you've just been paying payments together? Just payments together. Okay, and so she's paid half a payment on $35,000 for how long?

We've had it for six years. Okay. And so, um, well, so in a sense, you guys morally, not legally, but morally, she owns half of it. Right. Okay. So why not just have it appraised and she gives you, she buys out your half? Well, that's what I've asked. And the appraisal that I have come up with from the realtor where they do the investment or whatever they do to tell you how much it's worth,

it can become between $79,000 to $90,000. And she has only offered me $14,000. Okay. Where did she get $14,000? That's the amount her husband chose. No, where did they dream that figure up? He researched it per his research on the Internet. With the houses in that area, that's how much he felt it was worth.

So he thinks the house is worth $28,000? No, no. He thinks it's only worth $14,000. No, your half was $14,000. No, he's saying it's only worth $14,000. The whole house is only worth $14,000? Yes, that's what he came up with. Oh, good.

Do you have any money? Not really, no. Selling this cabin would get me out of debt okay so you don't have you don't have seven thousand dollars no okay um do you what do you believe the cabin is really worth um i'm saying that it's worth about eighty thousand right now you get another realtor. Have him send a realtor over, a different one. Okay. And get another appraisal.

Because here's the thing. He's operating on faulty information, it sounds like. Right. So if you don't like my guy i don't like your guy so let's get a third one okay that's the answer right and if he won't do that then he's just trying to scam you is he a little slimy yes okay because it feels a little slimy. I mean, yes. Yes, it's slimy. So at the end of the day, here's what you can do.

You're in a legal position to force the situation. You just sell the cabin. Because technically, you own it. And you write her a check for half of it, whatever it brings. And that's what I plan on doing. It's just, it's getting... I'm willing to do that, or I'm willing to let you buy me out at half of a reasonable appraisal. $14,000 is not going to work for me.

Okay. Perfect. That's a reasonable thing. Yeah. Yeah. Well, it's... You know, because... It's for the family, so...

Yeah. Yeah. Well, it destroyed the family, so. Yeah. But it's just, it's, the problem is you did a bad structure to this deal. Yeah. Meaning that she doesn't have any ownership rights. She just has emotional ownership and moral ownership and that you gave that to her. And she stupidly paid half a bill on a house she didn't own. Yeah. And I am her. Before we even did this, I offered at least three or four different times to put her on the cabin.

I wanted her on the cabin. What's the balance on the loan today? $3,100. Okay. So it's almost paid off. Yeah. Okay. So it's got a lot of equity.

All right. Yeah. So listen, almost paid off. Yeah. Okay. So it's got a lot of equity. All right. Yeah. So listen, here's another way you can combat slimy. Okay. First thing is just go back and do what I said. Say, listen, you don't agree with my appraisal. I don't agree with your appraisal. I want to be fair.

I'm trying to be right. The only real way to determine the value is actually sell it so really probably the best thing for all of us to do is just sell it and and we'll split the money that's really what i think we ought to do but if you really want to don't want to do that and you want to buy me out i'm not going to accept 14 and you're not going to accept 80 so you need to go get a full appraisal by a certified appraiser that costs 400 bucks and pay for it. And then let's look at that.

Let's look at that number together. If you want to do that, or I will go borrow the money. And instead of four, if you think it's worth 14,000, our house, my house worth seven, I will give you 14. I'll give you double what you're saying. Oh no, I don't want to do that. Which pretty much calls his bluff on his BS valuation.

Because that's what this is. This is the Dave Ramsey Show. One question I get asked all the time is, do I need life insurance? Listen, the whole point of life insurance is to replace your income for someone who counts on you. So if you have a spouse or you have kids, yes, you need term life insurance. It's the only way to protect them until you're out of debt and have built up your wealth. You're only digging a deeper hole if you waste money on cash value plans since it robs you of the ability to make real progress. And that's why I send you to Zander Insurance, and I have for 20 years. That's where I get all my insurance, and they only offer the plans I recommend.

It is not expensive. It's not complicated. And Zander will be there as your guide every step of the way. Visit Zander.com or call 800-356-4282. You need to get this taken care of. I can give you the advice, and I can tell you where to go, but it's really up to you to take that important step to get your family protected. That's Zander.com or 800-356-4282. Zach and Hannah are with us in Indianapolis. Hey, guys, how are you? Hi, Dave.

I see on my screen you're debt-free. Way to go. Thank you. How much have you paid off? $20,000 in 16 months. $20,000 in 16 months. What kind of income? We're making $45,000 to $50,000, and now we're on track for $70,000.

Cool. What do you all do for a living? I work for a pest control company. And I am a kindergarten teacher at our church's Christian school. Okay, cool. And I'm looking at a picture of your family on YouTube. It just flashed in front of me. How many kids have you got?

No, those aren't our kids. Those are just kids in our wedding. Oh, oh, oh, my gosh. That's the kids. Okay, I feel so much better. No way. How many children do you have? Any?

No. Okay. Not right now. Woo! Okay. I got past that. I was like, wow, that's pretty impressive with all those kids you paid off that debt. All right.

So, $45,000 to $50,000, you paid off $20,000 in 16 months. How long have you been married? We've been married about 20 months now. Okay. So this was first order of business after marriage. Yes, sir. Yeah, we cash flowed our wedding. Cool.

What kind of debt was this? It was mostly mine. I had a student loan. I had a medical family loan, credit cards, and then Hannah had a small car loan. Okay. So, Hannah, you guys are dating along, and this guy goes, I got something to tell you before we go any further. I got $20,000 worth of debt.

He was very open about it, which was really helpful. I knew he had some financial issues, but I didn't really know what they were. I had never had a credit card or anything before. My mom just kind of told me I wasn't responsible enough to have one. So I didn't have anything like that. Just kind of thought that would come along with growing up, getting married. And then when we were dating, he told me it was about $20,000 in debt. So that was really eye-opening.

Yeah. Wow. But we have a plan to get out. At what point did you start talking about doing this after marriage? I guess while you were engaged. Yeah. While we were dating and engaged, we had some friends, Juan and Janae Lopez. They're young adult leaders at our church, and I had talked with them about just how to handle money.

She had helped me set up my budget, how to use the envelope system, all those kinds of things. And when I started dating Zach, they were really influential in that time and just kind of told me, like, hey, you guys can do the Dave Ramsey plan as long as there's a plan to get rid of this. You know, that shouldn't be a huge red flag as long as you have a plan to get out. Good. I just remember being a young man in church, lifting up my hands and kind of feeling convicted about my situation.

And I just, the Lord really brought me through all this and helped me realize that, you know, you can do this, you can be blessed, there is a way to do this, and that's how I viewed your program more as like just a really good Bible study or sermon, and having that worldview has helped me just really have the full impact of just the whole program. Well, it does because it goes faster when God blesses. And so it's the old thing, you work like it all depends on you. You pray like it all depends on God, right? Right.

Exactly. God's blessing is not just a concept. It's a very real and palpable thing. It gives you the energy to go to work. That's right. For one thing, you know, among others, but the two of you working together. So now that you did this, you're a young married couple, first order of business as newlyweds, knock out $20,000 worth of debt in 16 months.

What do you tell people the key to getting out of debt is? I would definitely say, I mean, that every dollar budget is so key. Just before the show, Zach and I were talking. I said, well, when we first got married, we had every dollar allocated because we needed every dollar. And then when we started knocking out those small debts with our cars, it really did just give us the energy just to keep going, so just that every dollar budget. And then also just really buying in because we know a lot of people that kind of do Dave Ramsey. They say they're doing Dave Ramsey, but we literally said no to everything else so that we could do this.

Yeah. Yeah. You can't do things ish. Mm-mm. Yeah. Well done, you guys. Did you have people cheering you on or people telling you you're crazy or both? We had more cheerleaders.

Even if they didn't follow the plan, they understood the value of what we were doing. Who was your best cheerleader? Probably our young adult leaders, Juan and Janae. Yeah, I bet. The people close to us. Zach's mom and my mom, they're definitely really proud of us, too. You know, see us working hard and really maturing. Yeah, it's got to make your parents feel

good that the two of you are working together and that this is uh you know you're able to hit a goal like this this early in your marriage very well done yeah two broke kids from single mom families have changed our family tree wow there you go see that's what you call a blessing from god right there wow we feel we feel good to live in a country where you can work hard and work your way out of poverty and just climb out of debt and just do the right thing. You guys are impressive. How old are you two? I am 28, and she's a very young 29.

And you're a very smart man. Yeah, my granddaughter was by here the other day, and she said, Papa Dave, it's going to be your birthday. And I said, yeah. She was here today, this morning, Rachel's daughter. I said, yeah. And she said, you're going to be 14. And I said, yes, ma'am. I sure am. It's the 44th anniversary of my 14th birthday.

Way to go, you guys. Very well done. I'm proud of you. We've got a copy of Chris Hogan's book for you, Retire Inspired, and that is the next chapter in your story. You continue to change your family tree, be millionaires, and outrageously generous as you go along. You know what happens now with Juan and his wife having done this with you guys,

having encouraged you. You now have a mandate to encourage others for the rest of your life. You're stuck with this. We feel it very strongly. The fruit of this can be shared. Absolutely. Amen. Well done, you two.

Very well done. Zach and Hannah, Indianapolis, $20,000 paid off in their first 16 months of marriage, making $45,000 to $50,000 a year. Count it down. Let's hear a debt-free scream. Three, two, one, we're debt-free! Woo-hoo! Oh, my goodness!

Wow! Man, life is good. That's as good as it gets right there. Open phones at 888-825-5225. Mike is on Twitter. Dave, I ended up getting a degree with no market value. What would be a good second option to bounce back? Well, then we would just pretend like you don't have a degree if it has no value.

So what do you do if you're sitting there right now in your situation with no degree? Is a college degree necessary to be successful? No. If you have good basic academic knowledge that a college degree gives you in a given area, does it cause you to accelerate? Yes. So a good business degree, marketing degree, communications degree, teaching degree, whatever it is, you know, can lead you into a lot of particular areas.

And so I think what you need to do is stop and say, what do I want to be when I grow up? Now, I don't know how old you are. It doesn't say here. We don't know from your Twitter account. You might be 25. You might be 55. But either way, what do I want to be when I grow up? Meaning, what's the next stage of my life going to be like?

What do I want to aim at? And what are the steps to become one of those? Oh, and by the way, does one of those make a living? I don't want to be one of those if they don't make a living. We already did that once. So that's the way to work through it, dude. Hey, thank you for listening. This is The Dave Ramsey Show. Thank you. Helen is in Boston.

Hi, Helen. How are you? I'm good, sir. How are you? I'm good, sir. How are you? Better than I deserve. How can I help? Okay. Here's a doozy for you.

Thank you so much for taking my call, by the way. Sure. I'm a military spouse of a retiree, mother of five, about to get a divorce after 20 years. I am still waiting on the order for child support. I just got my third the order for child support. I just got my third job to make ends meet. I start that in September. I am drowning, to say the least, with the five kids eating me out of house and home.

You have five kids at home? Yes, sir. After 20 years of marriage? Yes, sir. How old are they? I'm still asleep. How old are they? Eight, 10, 14, 19, and 25. Why is the 25-year-old at home?

Because I'm trying to kick that one to the military. The 19-year-old already went and came back. He's a paralegal in the Army Reserves. So the 25-year-old, he's, you know, paying his share, and I'm trying to get that one to grow up. Okay. All right, so you have three kids, and you have two adults. Three little ones, yeah. And you have two adults.

Yes, sir. And so they can take care of themselves if they have to. Yes, sir. That helps with the drowning. Okay. Yes, sir. We currently live on military housing and um because my husband's a retiree he just moved out last month now i have about a hundred and three thousand dollars in debt

seventy thousand let's see i'm sorry sixty six is with the student loans. $11,700 is with a car that my husband's been paying for that now I'm pretty sure I'm going to have to take over, and it has two more years of payments. I have a credit card debt of $25,000, and my lawyer's fees are $3,000

and growing, and I've already given this guy like $8,000. Of course, I had to put it on a credit card because I don't have any money. Now, I'm doing my best to work. That's why I got three jobs. You've been married 20 years. How old are you? I'm 45.

When did he move out? Last month, three weeks ago. Three weeks ago three weeks ago and the child support is i barely got three hundred dollars two weeks ago so it's my turn to pay the rent september 1st i have no idea how it's going to come about but through the grace of god how he's been getting me through all this i'm a nurse and i know that. If you're a nurse and you have an income, how come you can't pay the rent? I've never paid the rent.

My husband has always paid it, and I just became a nurse two years ago. Okay, but I mean, do you work as a nurse? Yes, sir. Okay. Let's stop that. Okay. When you're in a mess financially, what you do is you take care of what we call the, you protect the four walls of your household before you do anything.

So here's your order of priorities. And you have enough money to do these four things. Okay. You're going to take care of food first. Yes, sir. You eat. The kids eat. Period. You don't eat out nobody in this house has a has might eat out okay you are not writing any checks at all for this 19 year old or this 25

year old yes sir they bring money to the table or they move out. Right. They don't have a choice. Their dad left. Yes, sir. You can't support them because you have a responsibility to the minor children. Okay. Okay. So food is first, lights and water second. You have the money to do those two things.

Rent is third. You have the money to do all three of those things. And then you keep lights and you keep gas in the car. Is there another car? No, just one vehicle. One he drove off in? He has his own car. He has his own car? Yes, sir.

Well, you're married, so we have a car. I don't care whose name's on it. Is that car paid for? It's got two more years. Both of them? And it's got $11,700. Oh, that's the one you said you got stuck with. What's the other car?

No, the other one's paid off. His is paid off. That's the one I want. Okay, the one for our family that he bought is $11,774. I got that. He didn't buy nothing. We bought it. We are724. I got that. He didn't buy nothing. We bought it. We are married legally.

Yes, sir. Your attorney needs to explain that to him. He doesn't get to choose this. You get to choose this. You're the one with kids coming out your ears. Right. Currently, what the order was was for him to pay 72% and myself 28%. Okay.

And that was just two months ago, so. Okay, then pay it. Yeah, then he needs to pay it. Has he been paying it? Right. No. Okay, then have your attorney put him in jail for contempt of court. Contempt, yeah.

That was the next one. Yeah, immediately. Because he's not supporting his family. Nope. You do not get to just walk off legally in this country. Not when you have an income. Okay? So that's the attorney's job is to get this money coming in.

So we're going to pay your portion of the car payment or pay the car payment, one of the two, and keep the gas in the car so you can go to work. If you just eat, keep lights on, pay the rent, and keep the car afloat, the rest of this stuff we'll get to over time. Right now you're in the middle of 20 years' worth of emotion, and you're in the middle of fear and anger and all this stuff going on. I'm very angry. And all this stuff is overwhelming.

And so what I'm teaching you to do is to concentrate on the simple, most important things and let the other stuff sit on the shelf for right now. Yes, sir. Call the, who's got $60,000 worth of student loan debt? You, 20 years after marriage? Yeah, it's all in my name. How? Because even though we used it together, you know, sometimes we needed it.

20 years ago for no within 20 years uh the past uh 10 000 was a um a student plus loan for my son and the rest is mine that you know i've used for school and you know to buy groceries and whatever i needed throughout because we're military we're always poor so well. And he was the only one working while I was going to school. I just had a little job. Call the student loan people and put those student loans on hardship deferral. I actually am only paying, they have me on $20 a month, and the other one's $10 a month, and the other one's deferred.

You can make that? Yes. Okay. So, what we're first going to do. All my bills are paid. The first goal is just to tread water. Then the second goal is we'll start to make some progress through these debts as we go along. You're going to make it.

Okay. You're going to make it. I am. I am. I just got to get through this hurdle. I'm going to be okay. I got it. I got it.

That's why I prepared for this. You do got it. You got this. I can feel it. I am. I just got to get through this hurdle. I'm going to be okay. I got it. I got it. That's why I prepared for this. You do got it. You got this. I can feel it. I do. Because you're tough. You just got the crap knocked out of you, and your head's spinning a little bit. And that's okay. That's okay, because I have five kids keeping me going,

and they are my reason for living. So I will do whatever necessary. I think you're going to keep them going, probably, is the way it works. But listen, these two older ones, they just instantly grew up. They don't have a choice. They did. They did. One's looking for a paralegal job.

He just came home after his training. And the other one, it's just been a little struggle. But we're getting him there. He's 25. A lot of progress. He's 25. I don't want to hear about his struggle. I've just been a little struggle, but we're getting in there. He's 25. He's 25. I don't want to hear about his struggle. I've just been hearing about your struggle.

I don't want to hear about his. I want him. Dude, man up. Yes. Like in the next 13 seconds, man up. That's what he's got to do. All right? Yes, sir.

It's time because mama's got enough dealing, not dealing with a baby that's 25. Yes, sir. You are correct. All right. Now, listen. It's time because mama's got enough dealing, not dealing with a baby that's 25. Yes, sir. You are correct. All right. Not arguing with you. Not arguing with you whatsoever. I know. Concentrate on the three little ones.

Now, here's what we're going to do. You're making what as a nurse? Let's see. I just figured it all out. Let's see. With my full-time job, I make $56,000. That's what I wanted to talk about. I don't want to talk about that. That's see. With my full-time job, I make $56,000. That's what I wanted to talk about. I don't want to talk about that.

That's fine. And then you can pick up, if you're going to pick up extra jobs, pick them up as a nurse, like in the ER or something. That's where you can make the most money on your extra jobs if you've got to do some extra stuff in the meantime. You can make this on 56. What you've given me here, you're going to be okay. Hold on. I'm going to put you through Financial Peace University. I'm going to put you in the one-year membership, and

you can go through the class and take the 14-year-old with you and the 19-year-old if you want. I don't care. Let's teach everybody in this house so this never comes back to this house again. Hold on. Kelly will pick up. He'll get you signed up. You're going to make it. You got the

stuff, kiddo. This is the Dave Ramsey Show. Hey, it's Blake, Chief Production Officer for the show, and here's a little tip for 2018. Go download our revamped Dave Ramsey Show app from the App Store. We're always listening to your feedback and adding new features to make it even better. Check it out.