The Ramsey Show - App - Being Emotionally Drained Doesn't Make You Weak (Hour 2)

Episode Date: April 22, 2019

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🎵 Live from the headquarters of Ramsey Solutions Broadcasting from the Dollar Caller Rental Studios, 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. This is your show, America. Thank you for joining us. Open phones at 888-825-5225. That's 888-825-5225. Frank starts off this hour in Atlanta, Georgia. Hi, Frank. Welcome to the Dave Ramsey Show.

Hi, Dave. How are you doing? Better than I deserve. What's up? Okay, so I have $10,000 from a settlement. I got into a car crash in February of this year, and I've decided not to buy another car, because

I have another car readily available for me. What should I do to invest this settlement money? Wow. Are you okay? Oh, yeah. The chiropractor sessions were pretty intense, but I'm okay. Okay.

So all your medical bills or needs are behind you. Yes. Yes, they are. So this money is free and clear, and you're down one car, but you have another car to drive. Yes. That you own. Yes. Okay.

And what's your household income? I'm currently living with my grandmother. I personally make about $21,000 a year. Okay, good. And my grandmother makes about $200,000. Okay, all right. and how old are you? I'm trying my best to I'm 19 by the way I'm trying my best to

invest the money into myself or somehow start to be more financially literate I started watching you about a week ago well I'm honored thank you obviously and what do you do for a living what do you do for a living now I'm IT support okay and what do you do for a living? What do you do for a living now?

I'm IT support. Okay. And what do you want to do when you're 29? When you're 29, what's your goal? I want to be a sort of systems architect or some sort of programming architect for a company. Good. That's a great, great career field. And especially since you've shown an aptitude to technology already or for technology already you can move that direction pretty easily good for you and um so um all right the the good thing i always do and i learned to do this years and years ago is i ask myself the same question i ask you uh is where do i want to be in 10 years or 20 years right and then i have to ask myself what will have to be true about me that is not true today otherwise i would already be one of those okay okay you kind of the same thing i got a friend

of mine that's uh running the half marathon next week here in nashville okay and had to ask she had to ask herself okay what has to be true for me to be able to do that that's not true now and she asked herself that about a year ago and uh she's lost 40 pounds by the way that's one of the things that need to be true to be able to run a half marathon it's easier to not carry an extra backstreet boy with you you know when you're running right so what has to be true about frank that's not true now for you to 10 years from now be successful as an architect and platform engineer in the technology field? And my guess would be some certifications and some training.

Would that be right? You're right. You're right. Okay. I want to detail that out by talking to a few architects, platform architects and platform people, and ask them, okay, to get hired to be your assistant and to be a mini-me in your company just like you or similar to you, what would I need to know and what certifications would I need to get that I don't have now? And you don't need to get that from an article on the Internet.

You need to talk to actual human beings that are doing what it is you want to do. Okay. And then go take those classes and spend that money on that. Okay, okay. And that's going to be a great investment because those guys make 210. They make 10x what you make. Yeah, yeah. So it's worth doing, okay?

It's definitely i got several of them on our team and they're brilliant people they and they have an aptitude for that and they i mean we do a lot of technology work here uh a lot uh most of it i don't understand but um but i pay for it and so i understand enough to pay for it and understand how these people's brains work and how they uh are able to pull these things off. And so go learn from them what you need to do. And that's what you spend your money on. Because I can go ahead and tell you it's not a four-year degree in information systems.

Okay. That's not needed to do what you're talking about. You do need some certs and some certifications. And you do need some programming experience and some project management experience and some things along those lines and you can get about the business of doing those things. The other thing I'd do is your company you're working for, technology oriented? No.

Okay. Any chance they would pay for any of your certifications for you to get better to help them? No. You sure? Yes, I ask. Oh, okay. Already been down that road.

Good. Okay. Well, it might involve you taking a technology job at a technology company that wants to pay for tuition, and then we could get a lot more bang for our buck out of your $10,000. Okay. Okay. So, you know, again, ask yourself what has to be true what do i have to know and do

that i don't know and do now to or otherwise i'd already be one to to be able to run this marathon to be able to be this platform architect and so forth and that's what i would spend your money on and stay out of debt frank don't go buying the student loan debt lies that you need to go into debt to do all this. You have 10 grand as a jump start. You're wise to think about it like this. And your grandmother making 200 grand is no slouch. She's obviously bright at something.

So she'd be a great mentor in this process, even though she may not know anything about technology. But she'd be a great life mentor. You probably ought to listen to her. Dumb people don't make 200 grand very often. It's fairly unusual. So generally, this woman's got some wisdom that she could bring into your, pour into your life, and I'd be leaning an ear in on that. That puts her in the top 1% of income earners. So good question, man. Thank you for calling in.

Honored to have you at 19 here on the air. I don't know if you old-time listeners that have been with us for many, many moons have noticed the number of 18-, 19-, and 21-year-old phone calls that I'm getting these days as opposed to, say, five years ago or ten years ago. And it is way, way up, and we are very happy at Ramsey that this generation actually wants to talk to a dinosaur like me, and I can help them get moving in the right direction on some of these things. We're very honored that the Franks of the world are not only listening. But that's because of two things, just to let you guys know what's going on. Talk radio in general is moving to a younger demographic, especially with the advent of podcasts.

And our podcast has exploded. It's gone from one million listeners to almost 6 million listeners in about three years. It has gone bananas. And our YouTube channel is just, I can't even measure, it's hundreds of millions of downloads now. The hours, it's just bizarre the number of hours people are consuming on YouTube. And in case you didn't know, YouTube is a primarily under 35 year old phenomenon. I go on YouTube, but not like you guys do that are young. So there you go. But I have to stretch to get into my SUV. That's a joke from the other hour. This is the Dave Ramsey Show. With more frequency than you know, I get calls and emails from people dealing with the recent loss of a spouse or a parent. You can hear the struggle and the heartache that they've been experiencing. And at a time they should be grieving,

what breaks my heart the most is the strain and tension that they're going through because of money, especially when it's a situation that could have been avoided. If you have a family, it is your responsibility to have term life insurance. It's one of the things you do to say I love you. And yes, this is an ad for Zander Insurance. But since this is one of the most effective ways I have to get my point across, so be it. For over 20 years, I've been telling you about the importance of term life insurance

and protecting your family. Listen, you need to check out Zander.com or call 800-356-4282. I can't say it enough. Protect your family. It's what you're supposed to do. Go to Zander.com or call 800-356-4282. Thank you for joining us, America. This is the Dave Ramsey Show. We're glad you are with us. Our question of the day comes from Blinds.com.

Find out for yourself why Blinds.com is the number one online retailer of custom window coverings. You get free samples, free shipping, and with the new promos every month, you save even more. Use the magic word, the promo code RAMSEY. Today's question is from Brenda in California. How do I proceed when collection agencies have not responded to my debt validation and settlement letter? It has been over a month. You can call them if you want and just say I sent you a letter asking for debt validation and settlement and just checking follow-up if you want.

Here's the thing you'll find. The problem is there are a few, and I mean a very few, collectors and collection agencies that are competent. The vast majority of them have the person sitting in the chair calling you has a lifespan of under 90 days on the job. They don't keep their jobs. And the reason is it's such a horrible freaking job to call people all day long and be nasty. It's just very difficult for most people to do that. And so the turnover, and plus most of the collection agencies lie and they break federal law and they do all these other things that people with ethics can't abide.

Again, there are a few good ones, and most of them are your local small-town collection agency where they do abide by the Federal Fair Debt Collection Practices Act. And they may be somebody that's actually in the Chamber of Commerce. They may go to your local church. They might be reasonable human beings. But the rest of them are scum. And what you do if you run a large boiler room collection agency is you hire and train all the time.

Because you have to replace the revolving door that is your front door. They come in and they go out. They come in and they go out. Because as soon as they can find a job making less money they'll leave because it's just such a horrible job and it's not so that's what you're dealing with is the um you know the bottom of the darwin curve is who's on the phone because the number one they took this job in the first place which means they were desperate for a job and if they stayed there a long time now you got double uh because that's starting to

make a statement about the person you're talking to or they've just been there 20 minutes and you know more than they know uh and that's what you usually find so it just takes a while. It's a very frustrating process to negotiate with and deal with collection agencies. See, this is your money. You owe money for something someone did for you or gave you. This is your personal business. The person on the other end, it's just their job. And they're in a cubicle with a headset on, and they hadn't been there long. And that's what you've got to remember,

especially if one of them starts being nasty to you and all that stuff, because they teach them the nasty technique the first day, right? And because it works. People get all intimidated and scared and shaky and freaked out, and they'll give you their mother's house, you know, just to get you off the phone. And, you know, because get you off the phone and um you know because people just don't do conflict well anymore unless it's you know they don't do well the only place they've got any bravery is on twitter but in real life people don't do conflict

well because they're scared and so that they use this intimidation tactic in the collections world because it works. And if you start getting that, here's a neat idea. Just go, hey, you've got about five seconds to turn that crap off, and we're going to talk like two regular people, or you're going to be talking to a dial tone. What? You have blankety-blank-blank. You're going to hang up on me?

Yep, dink, you're gone. Just like that. And I push the little end button right here on my phone, and you will end. It's over. I ended you. And that's, you know, you just got to move on and go back and try to find one occasionally that for a second will rub two brain cells together and try to help you. But it's a frustrating process.

Stacy is with us in Indianapolis, Indiana. Hi, Stacy. How are you? Hi, sir. Thank you for taking my call. I'm good. Hi, Stacey. How are you? Hi, sir. Thank you for taking my call. I'm good. Thank you. Sure.

What's up? So I struggle every day to come to work. It's been about five years, and it's like every day I want to walk out the door. I do have some debt. I do have some money in our company's 401k, and I just don't know what my next step is. How much debt do you have? I have a car. It's 13. My husband's car is 8. 5,000 in student loans, about 4,000 in medical, and about 2,000 in student loans, about $4,000 in medical, and about $2,000 in credit cards. Okay.

And what do you make at your crummy job? I make between maybe $45,000 and $48,000 a year. Okay. And what does your husband make? He just got a new job, so he's probably going to be around maybe $30, $35. Okay. What do you mean probably? Did they not tell him how much he's going to make before he took the job?

Yeah. I'm sorry. I just didn't calculate it. Okay. Well, it's part of your household income. It's what you'd be eating on if you didn't work. What do you do for a living? Me, myself, I do medical insurance. Medical insurance.

What do you do? Sell it? No, I do like, I'm like an insurance verifier. I verify insurance for patients coming to surgery. So what is it you hate so much? The environment. So it's not the actual job itself, it's the people around you. Yes.

The quality of the human beings in the company. The company itself has a high turnover. Yeah, okay. So it's a low-character place. Okay, I got you. Well, I would want out of there, too, after five years. So what is your long-term goal for your career? I want to do a course of, like, billing and coding,

probably start to do some things and maybe work from home and maybe do another little small job. So you want to work from home? More than likely, yes. I don't know what to do with that 401K. Billing and coding was not your goal. You picked that up because you wanted to work from home and you heard you could make money.

That is what my degree is in, yes. You have a degree in billing and coding? Not degree, but like certificate school that's what i went to school for yes oh okay all right so you do have a background in it okay so that does fit with what you're actually doing now i doubt you can make anywhere near what you're talking about doing that from home i don't think you can replace this job making that so um what i would do if i were in your old shoes is i would begin a plan of working the baby steps and working your way out of debt so that you're free to be able

to make some changes in the meantime the only change you can afford to make is one that is lateral meaning if you could find another job making similar money somewhere else fine there's no downside to changing that. But you starting a small business on the side and this family starving to death with all this debt on it because you're miserable, nah, that's a bad long-term play. It feels good on the short term for about 20 minutes. By the next Friday, you're going to be starting to think, what in the crud did I do? So you've got a big pile of mess here you

got to wade through and you don't have to stay in that job to do it but you have to stay in something that's making similar money you can't just jump out and start your own business uh cold you can't i heard you say something about pulling out your if you leave a job and take your 401K and you don't do anything with it, I thought I heard you say something on a different video where you can get penalized for that. You can roll it to an IRA, but I would not pull it out and pay debt with it. No, that's correct. You would get penalized. No.

You'd be charged 10% plus your tax rate as well. So that's not the answer to your equation. But I would start working the baby steps, which would be stop investing, set aside $1,000, cut up the credit cards, start living on a budget, and you've got an $80,000 household income. I mean, you ought to be able to pay some of these bills off. And then let's start looking for a job. And long term, let's think about how we can be self-employed, but that's long term. Hold on, I'm going to send you a copy of Christy Wright's book,

Business Boutique, which is about starting and running your own business. This is the Dave Ramsey Show. One Dental is a company I've been telling my listeners about because I know these guys will save you money at the dentist. One Dental is a dental savings program that allows you to go to one of over 158,000 dental practice locations nationwide and save on things like cleanings, dentures, root canals, crowns, and even orthodontics. Here's the really cool part. You can join One Dental right now and you don't have to worry about high deductibles, waiting periods, or pre-existing conditions. Just find your highly qualified dentist in the network,

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Hey, guys, how are you? Hi, Dave. Oh, great. How are you doing, Dave? Better than I deserve. Welcome. Thanks for being here, guys. Thanks for having us. So how much debt have you two paid off?

We have gotten rid of over $31,000. Dirt? Yep, that, and it was just in 21 months. Oh, way to go. Wow, excellent. And your range of income during that time? $82,000 a year. Okay, very cool.

What do you all do for a living? I'm a phlebotomist for Red Cross. Okay. And I'm a legal secretary. Awesome. Very cool. What kind of debt was the $31,000? It was accumulation of things.

We had car payment. We had my student loan was a big one. We had medical bills. We had a big orthodontist bill. Wow. Okay, cool. And where do you guys live? We live in Ohio.

Columbus? Yep, southeastern Ohio. All right. Very cool. Well, live? We live in Ohio. Columbus? Yep, southeastern Ohio. All right. Very cool. Well, good to have you with us. Thanks for being here. So what started this journey 21 months ago? Well, actually, our church was offering an FPU class,

and I missed the memo that that class was for husbands and wives. So I was actually the one that handled our bills. So I signed myself up for the class. Um, and actually I took my middle daughter with us, uh, all the time. So she, she's learned a lot from you too. But, um, but yeah, so I went to the class and, um, I came home, you know, every, every Sunday night and just told Jason all the new things that I was learning. And I was so excited. And I was so anxious to get our budget started. And Jason was going to budget meetings all the time. And he didn't even know it yet. But I found a great line that you have in your

Complete Guide to Money book that talks about getting spouses on board. And it says, if they haven't picked up this book or gone to an FPU class with you yet, just sit them down and explain why you're so excited about what you're learning. Share the dreams and hopes you have for your family's money situations. Sometimes one spouse's passion and excitement is all it takes to get the other spouse excited too. And that was totally what happened to us, Dave. See, I kept coming home and just being so passionate and excited about the things that I was learning and the things that I was looking forward for our family to do with our finances. And I wasn't sure if Jason was always understanding everything

or, you know, how much he was on board until one day, say, he came home and after seeing, you know, me setting up yard sales every weekend and, you know, just selling different things here on Facebook and Jason came home and announced that he had a new weekend job. So for the next year, he spent almost seven days a week working, say, every week, say, to help us get that debt-free journey going. Wow, good for you guys. Well done.

Yeah. So what do you guys tell people the key to getting out of debt is? Oh, say, definitely the budget. Say, making one and sticking to it. Say, too, don't be afraid to say no. Say, you know, we don't need every T-shirt that the school offers for a basketball game or $20 for the concession stands or spring and fall and sports pictures for every event. Not to be too quick to pat yourself on the back and say, I deserve this. Yes, we worked on that.

And every extra dollar that you earn, take it straight to the bank to pay on your debt. Say if we made $20 selling something or mowing somebody's grass or something like that, we would just immediately go to the bank and put it in and pay it to whatever debt we were paying for at that time. And lastly, I would say your FPU class where you talk about asking for discounts and paying for things for cash and actually asking for discounts, I'd never really thought about that before. And so I immediately called our insurance company after that class, and it took a lot of back and forth, phone calls, this or that,

but I just told them, I was like, this payment's not working for us. We need to find something different. And we ended up getting $ dollars a month knocked off our bill every month so that was that was really helpful in our budget and um so yeah so we were excited about that yeah well congratulations you guys yeah and how many kids do you guys have uh we have five and you brought them with you we brought four of them with us. All right. I told you. Let's bring them on. Get them in part of the picture here. Have they been practicing their debt-free screen?

They have. So while they're coming up, I'll explain. Our oldest daughter, Ellen, she's in college, so she's preparing for some finals here. But we found FPU just at the perfect time and right at the end of Ellen's junior year of high school. And so it really set us up to get Ellen prepared to go to college because we just thought student loans was the only way. But with Ellen's hard work and applying for scholarships and doing all the things that you said, she really went over to beyond and ended up getting the highest paying scholarship that Ohio University has to offer. Oh, wow. Very cool. So she plans on, she's a pre-law English major, and she plans to do her bachelor's degree and her law school completely debt-free.

Wow. Look at her. Great start. Congratulations, you guys. That's a double whammy there. Yeah. Especially with five of them. You've got to find a way to do some of that, right?

So what are their names and ages? Okay. We have Gracie. She is 16. Ashton is 17. Lily is 6. Alice is 8. All right, very cool, very cool. So outside of your family, who were your biggest cheerleaders on your debt-free journey?

Well, we definitely, say, friends and family, we're all really supportive. And we had quite the following on Facebook. Say, a lot of the pictures that you see that I sent in, say, are kind of selfies I took as we were paying things off and encouraging other people, keeping us motivated. Say, I always use the hashtags, hashtag winning with Dave,

and hashtag God blessing our budget. I love it. Say sticking to your plan, and we just really saw God working through our budget and helping us along the way. So Jason never went to the class. No. He got all the information secondhand from an enthused Christina. He did.

He very much did. I don't recommend that. That's dangerous. It worked out for you guys. It can cause big fights. It can. In your case, you managed to channel

the enthusiasm and work it together. Very well done. He caught up with your book, though. So thereafter. I'm not questioning his competence. I'm just saying that'll get you

that'll get you in a mess if you're not careful y'all did it well proud of you very proud of you it took me a little while to get on board you know a little while to basically open my eyes sometimes it takes a little while to realize something works and works well yeah absolutely well we've got a copy of chris hogan's for you, Retire Inspired. No, I'm sorry. It is the Everyday Millionaire's book. I said that for five years. I have to reprogram my brain. Everyday Millionaires, that's the next chapter in your story to be everyday millionaires.

You're on your way. You now control money. You're now working together. You're now debt-free, which is the first big step to building wealth. So very, very well done, you guys. Thank you. Very proud of you. All right, it's Jason and Christina.

Ellen, Ashton, Gracie, Alice, and Lily from Columbus, Ohio. $31,000 paid off in 21 months, making $82 a year. Count it down. Let's hear a debt-free scream. Three, two, one. We're debt-free scream. Three, two, one. We're debt-free! Love it! Love it, love it, love it.

Absolutely fabulous, you guys. Very, very, very well done. Well, we are discovering that part of getting out of debt is contentment. Actually, we've known this for a while. We're discovering it at a deeper level. And those that follow Rachel Cruz, Ramsey personality are really discovering it at a deeper level. Using the contentment journal. Journaling can actually make you a more content person.

Content people do not feel the pressure to keep up with a lifestyle they can't afford. They don't live paycheck to paycheck. They don't feel the need to keep up with the Joneses. Rachel Cruz's brand-new journal called The Contentment Journal is 90 days long. They're in the middle of it. Just started it the other day, just about a week ago on Instagram. If you want to follow along with her, order yours today. It's 30 Days on Humility, 30 Days on Gratitude, and 30 Days on Contentment.

1999, it's a spiritual journey. It's an emotional journey. It's a financial journey. 888-22-PEACE. The Contentment Journal at DaveRamsey.com or RachelCruz.com. Thank you for joining us, America. Adrienne is in Austin, Texas. Welcome to the Dave Ramsey Show, Adrienne. Hi, Dave. How are you?

Better than I deserve. What's up? So I have a question. So I'm currently working the baby steps right now. I'm on baby step two. I just started this year in 2019. So I make $31,000 a year, and I also got a side job delivering pizza, so I bring about $1,000 a month from that. I just wanted to know if I should do these baby steps on my own and get myself out of debt.

I have about $70,000 worth of debt right now with credit cards, car loan, and school loans. And so I've just been doing this by myself, but I have my parents back in San Antonio, and they just have me, and I know they really live paycheck to paycheck. I make more just on my $31,000 job a year than they do combined. And I just want to know if I should relocate back home and find a job with my side job and try and work the baby steps with all of our debt combined. No. Or if I should just do this by myself. No, you should do it by yourself.

How old are you? I'm 26. Okay. Now, how much of the $70,000 is your car? $14,000. Okay. All right. Not too bad.

So you are hustling and grinding, and you're making progress, aren't you? Yes. I already paid off $2,000 just starting this year on credit cards, so I'm down to one credit card left. Have you chopped them up? Yes, I have. Good for you. And I closed them. Good for you. Very card left. Okay. Have you chopped them up? Yes, I have. Good for you. And I closed them. Good for you.

Very well done. Okay. All right. What you're finding is that carrying all the day-to-day decisions of operating a household and now taking on this mountain, taking on this Goli a of a debt pile by yourself is emotionally draining as well as physically because you're working all the time as well as uh mentally and so what that does to all of us is uh me included i'm 58 so i'm no different um is anytime you get emotionally drained and and you're intellectually drained you're mentally drained and you're intellectually drained,

you're mentally drained, and you're just fatigued in general, it makes you want your mommy. It does it to all of us. We're all that way, okay? And so what you're looking for is support, in other words. And that doesn't make you weak, and it doesn't make you immature. It doesn't make you any of those things. Because i'm very impressed with what you've done so far very impressed so what i want to do is i want to put you in a community that will help you by holding holding your arms up as you're as you're doing this okay meaning they'll brag on you it'll

be a community of support and that's financial peace university so i'm going to pay for you to go to the class if you'll go okay okay have you ever been um no i have not i just have your total money makeover audio so i listen to that all the time okay i think you're winning and i think you're winning more than it feels like you're winning to you and you need some people around you that normalizes the experience of winning with money because you didn't grow up in a house that does that, and you've never done that. And so you need to be around where it's normal to make money. It's normal to handle money well.

And the Financial Peace University group that we'll plug you into, and I'll pay for it, okay? It's going to be free for you. It's nine weeks of classes, and then you have one year of membership to Financial Peace Online, which is the whole thing. It's audios, videos, everything. And you're in a community online where you can stay plugged in that way as well. And so we'll take care of you, and we will walk with you and support you and be your cheerleaders because that's what you've got to have while you're doing this.

It just gets tiring. Am I wrong? No. You just got started, and you're already tired. And you've got 70,000 to go. And you've probably got a hard three years ahead of you. But by the time you're 30, you're going to be 100 debt free car student loan everything that's the track you're on but you're going to get made fun of during that time

people are going to think you're weird because you're not going out to eat all the time you're not going on vacations you can't afford you're not buying stuff you can't afford those days are over for you you're now a grown-up because you decided to be, not because of your age, but because you decided I'm taking control of this. Very proud of you, Adrian. You hold on. Kelly will pick up, and we want to participate in your winning. I will get you signed up for Financial Peace University as my guest.

Randy's in Orlando, Florida. Hi, Randy. How are you? Hey, Dave. Thanks for taking my call. Sure. I guess I'm one of those old-timers you were talking about. I started watching you back when you were on 60 Minutes the one time.

Wow. That was way back. Yeah. I wanted to ask today, my wife and I are both in our early 50s. Our oldest daughter is about to turn 18, and we just got guardianship of her. And we're debt-free, and we've never checked into Social Security for her before, just because we never really needed it and just didn't want the government involved, basically. But now that she's going to be an adult, and it would be money for her as an adult,

I was just wondering what your feelings were on that. So she has disabilities, and that puts you in the position of being guardian? Yes. She has, as close as they can diagnose, it's called Lennox-Gastaut syndrome, where she has epileptic seizures, and then she's also basically autistic she can she can move and uh she can talk but she can't really hold a conversation um and she's never unless something drastically changes going to be able to live on her own or hold a job or anything like that gotcha okay yes i would take ssi there's no shame in that at all. That's what it's for.

It's for taking care of folks that aren't able to take care of themselves. And there's no moral problem with taking that from the government. It is a government program. I will accept Social Security. I have paid into it. I don't need it, but I will accept it back because i paid a bazillion dollars more in than i'll ever get out and and um by the way you've paid more in than you'll ever get out and that's covering ssi as well right and that was kind of my thought you know before when we were younger and and we were getting out of debt and everything like i said we just

um we didn't really feel that we needed it. I haven't even checked into it. I'm not even sure how much it would be for her. But, I mean, I'd like to completely set in her own bank account and just for paying her bills. Yeah, that's right. And even if she doesn't have bills, you take care of her. That's paying her bills.

I mean, when you take care of some of your bills, there's nothing immoral or nothing wrong with that. You're providing care for her with her autism situation. Good for you. Good for you. Hey, thanks for the call, sir. Open phones at 888-825-5225. You jump in.

We'll talk about your life and your money. Rachel is on Twitter. At what age should I start thinking about getting term life insurance? My fiance and I are 21, 23. When we get married this year, I'm wondering if we should get life insurance right after. Is it something to get later down the road? I'd go ahead and get it. It's not a big thing the moment you're married, but if you've been married a couple of years,

you're starting to count on and your lifestyle is built around the incomes that are created by your spouse. And so even before children, we recommend in your 20s getting your term life insurance in place. I would buy a 20-year policy at that stage, and you may want to buy another one later when you have kids because you may need more or when your incomes go up because you may need more. But we always recommend 10 to 12 times your income in 15 to 20-year level term insurance. And I buy mine from Jeff Zander at Zander Insurance, Zander, Z-A-N-D-E-R, Inc., or Zander, not Inc., Zander Ins, Zanderinsurance.com or Zander.com. We'll get you there too. Quick, easy quote there, and that'll tell you exactly what's going on, and you'll be amazed at how inexpensive it is in your 20s.

If you're not overweight and you don't smoke and you don't have other major health problems, the cost of term life insurance is just nothing. So it's silly not to have it when there are other people counting on your income for their livelihood. So I always strongly, strongly, strongly recommend it. Zander.com. That puts us out of The Dave Ramsey Show. If you would like to do your debt-free scream live on the show, make sure you visit DaveRamsey.com slash show and register.

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