The Ramsey Show - App - Don't Over-Dramatize Your "Never Again" Moment (Hour 3)

Episode Date: July 24, 2020

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Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studio, this is the Dave Ramsey Show, where America hangs out to have a conversation about your life and your money. My name is Anthony O'Neill. Co-hosting with me today is the one and only Dr. John Deloney. We call him Dr. D here. We have an hour we want to talk to you about your life your money relationships anxiety if you're a millennial if you're a young person if you're a teenager you got questions about money uh give us a call i mean we want to talk to you triple eight

eight two five five two two five triple eight eight two five five two two five and we're going 888-5225, 888-825-5225. And we're going to kick off this hour here having a conversation with Will out in Tampa, Florida. Hey, Will, good afternoon. How can Dr. D and I help? Good afternoon, A.O. and Dr. D. How are y'all doing? Doing good, man. Doing good.

How can we help you? So in this past December, i made a pretty bad decision i bought a brand new car um i also rolled over the remaining four thousand uh in balance from my previous car into the uh loan and i spent yep so i have sent um just recently gotten into a Dave Ramsey show and I listened to all the podcasts and I follow you guys on social media and everything. And it's been a tremendous, uh, help in creating a mental shift. And I 100% want to get rid of my car. I've already listed it. I, um, kind of wanted your advice for, I guess, an immediate step. So I've been following the baby steps. I'm a baby step two, have a thousand in my emergency fund. I have 2000 in savings right now. And I also have about $2,000 worth of stuff that I'm currently selling as well. So I should have in total 4,000 in savings. The difference between what I owe in the car and what I could possibly sell it for is about five grand. So I'm not sure if I should continue just paying,

or I'm sorry, continue saving until I can cover the difference. Um, and basically cover the difference on the loan and then sell it and walk away from the car. Um, or do I keep knocking down, you know, continuing the debt snowball, uh, until my monthly car payment basically breaks even and then sell it at that point. Um, and then I guess the followup question to that is, um, I'm looking to get a cheap car just so I can have transportation. Cause I drive about, uh, 180 miles round trip for my job. Um, so I need to have some kind of transportation. What's your average income? Uh, right now I'm making about 60, um, but I do have a little bit of extra time, so I just started doing the Uber Eats driving and whatnot to try and bring in some extra income.

And getting to sell intensively. I've been selling my Xbox, canceled my Xbox Live membership. I've been selling just miscellaneous stuff. Get it, Will. That's what I'm talking about. Good for you. I am. How old are you, Will? I'm tired of being sick and stuff. Kidding, Will. That's what I'm talking about. Good for you. I am. How old are you, Will?

I'm sick and tired of being sick and tired. How old are you now? I'm 31. 31. I'm 31. What's your total debt outside of this car? Total debt outside of the car, I have $14,000 in student loans and about $13,000 in credit card debt.

Okay. Yeah. Okay. And so how much do you own a car right now man uh right now i owe uh 34 all right so here's the thing uh here's here's the main thing okay i love the fact and i want to commend you right now for a 31-year-old man who just said in front of 15 million people that he canceled Xbox. I just want to be real because we know that people are playing this game and they're taking it way too serious. This man said, no, I know what I need to do to get on the right track. And so I just want to commend you for some people that said, I'm small. No, that's real. You was like, yo, no, I'm getting on a plan. So baby

step two. Yeah, thank you. Yeah, yeah, no problem Will. I mean, we're going to ride this thing with you. Baby step two is you're going to line up your debt from smallest to largest, okay? And then what you're going to do also as well is you're going to make all your minimum payments on all of them. And then you're going to do also as well is you're going to make all your minimum payments on all of them.

And then you're going to attack the very first one. All right. So here's the thing. You have $2,000 in savings. I'm taking $1,000 out and I'm putting it on, I think you say it's like $13,000

on your credit cards, right? I'm attacking your credit cards first depending on how it all is. So I'm attacking the very first one, the cheapest one first. Yeah, I could pay off two of them today. Then do it. Then do it. I mean, hands down.

I'm doing it right now. Me and Anthony just improved your life by $1,000 less debt. Yes. Look at that call. Look at the ROI on that call, Will. How do you like them apples? Yes. It's awesome.

Now, keep the car listed. Keep the car listed. If someone comes up to you and says, hey, we'll give you this amount for the car and you only need $4,000 for that car. Okay?

Do it. Do it. And here's the thing. Here's the thing. Keep the car keep the car listed if someone comes to you says for an example i'm gonna give you um fifteen thousand dollars for the car and you don't have the other four thousand dollars i am okay with you taking out another loan for four thousand because you lower your debt from that amount down to four thousand and that's okay you hear me clearly you just trying to cover the difference because your debt goes down.

That's the key thing. But if you have the cash on hand, if you can come up with the cash working, I am okay with that. But I want you to keep it listed. Work the debt snowball. If someone comes to you and says hey, we'll do it. We'll pay

the value. We'll do it and'll pay the value we'll do it and you only need two three four thousand dollars i'm okay with that will but i want you to work the debt snowball you feel me yep absolutely now let me be clear because i'm between the two okay yeah yeah i want to be clear i want to be clear i'm not telling you to take out a loan i'm not telling you to take out another loan to go buy another car. No, what I'm saying is if you can lower your debt down by taking out a $4,000 loan and then it saves you $25,000 in this car, absolutely. Go ahead and do it. Okay? But, man, thank you so much for calling in, bro.

Will's on his way. Will's on his way. That's it, man. You know, I like calls like that, bro, because he's like, yo, I know what I got to do. I got to get gazelle intense. I got to get wise. I got to get smart. I got to cut off Xbox.

I mean, that's like what I got. I think it's like $14.99. I don't know. I don't play video games. I'm too grown to be playing video games. You know what I'm saying? I'm a grown man. But he had a, Will had a never again moment.

He did. Right? Yeah. He had a never again moment. Will,. Right? Yeah. He had a never again moment. Will, take that $1,000 right now. Get off of YouTube. If you're driving in your car, pull over. Pay them credit cards off.

You're going to be two credit cards lighter. Yes. And Anthony, these are crazy times, but this could be your never again moment, America. Never again will you be at the mercy of some global crisis. Never again will money keep you up at night. I will finish this ad at the next break. We got into Ramsey Plus, but I'm not even going to finish it. I'm going to make you hang over until the next break, baby.

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You pick your path. Go to Zander.com or call 800-356-4282. Zander will guide you through the whole thing, keep it simple, and find you the best rates. That's Zander.com or 800-356-4282. going out to virginia we're gonna have a conversation here with uh zach zach uh good afternoon how can dr d and i help hello anthony john how are you this afternoon i'm doing well man thank you so much for calling in how can we help happy friday to both of you um So I'm calling because I'm a 26-year-old single guy. I have listened to the Dave Ramsey show and some of the personalities for probably

about a year now. And there's one phrase I've heard multiple times that I finally started to resonate with. And it's that in order to be financially successful, it's 20% head knowledge and 80% emotion. I'm a person that defaults to the left side of my brain, the more intellectual, the more logical side. And I have trouble dealing with the more emotional side. So I thought, oh, going in with the baby steps, my intelligence will get me to it. And I'm finding out that I'm not as succeeding as much as I would like. So I guess my question is, how do I train that right side of my brain, the emotional side, to work with the logical left side of my brain to ultimately get the success that I want. So two things.

Number one, your logic part of your brain realizes that its logic is failing. So your logic part of your brain needs to know that it needs to just get in line and follow the baby steps. That's your ta-da moment. Okay. So the map is there. The roadmap is there. There's nothing to get intellectual about.

Just follow the plan. Are you a guy that thinks, okay, I get the paid all off in order of least debt to greatest, but this one's got an interest rate, so I'm going to do it like this. And you try to move it around. Is that you? You try to out-solve the baby steps? No, actually, my debts don't allow me to do that very well. Before I knew you, I only have two debts that I consolidate for basically no reason

because my parents told me that was the best thing to do, and I didn't really know much better. Now I know that wasn't the smartest thing to do. So what emotional side are you having trouble tapping into? Give me an example of a challenge you're struggling with. Oh, so I guess my problem is I never really developed a good why. I've never really had an I've had it moment either, or I guess I could say I've had multiple I've had at moments. So I guess then the biggest question, have I really had an I've had at moment? You know what I mean? So why do you want to get out of debt?

I want to get out of debt because logically I can't build wealth when I have debt. Why do you want to get out of debt? Why do you want to get out of debt? Logic can become a great numbing agent or a great deflective agent. So what are you protecting yourself from using logic? Um, something just popped into your head. I heard a really good question.

Huh? That's a good, that's a really good question. Um, can you help walk with me help walk with me through that? Yeah, I'm struggling to get at your question. What can I help you with? What can me and Anthony help you with?

How you develop your emotional side? Yeah, I guess that's a good way to describe it. How I develop the emotional side of myself to aid with the logical side. What emotional side is missing? Well, it hasn't really been easy for me to develop relationships with people. Okay. Okay. Okay. Um, what specifically in your debt journey is, is, is your logic not being able to tap into your emotion?

Um, yeah, cause here, here's one thing, Zach, I think where I'm having a problem at understanding this thing too is for you is are you saying that you can't like you can't pay off your debt because you're not attached to your emotion side it's more so I understand I need to pay off my debt because

logically it's hard to build wealth without it but you're just trying to find it I hear all these success stories of people who, like, something really bad happened to them, and it's caused them to get into this emotional state. And that's what kind of flipped that switch. So, Zach, what do you want, man? Like, what do you want? What's a picture of what you want look like?

Do you want to be debt-free? Yes. Then go be debt free. Some people need fireworks and confetti and big dramatic moments in their life. And some of them, some of the most profound never again moments is the wife who's abused, who wakes up and looks in the mirror and says, this will never happen again. And she quietly packs her bag and she gets her two-year-old son and she walks out the door. And there is no ceremony. There's no firework show.

She just says, never freaking again. And that can be said with a guy who's sitting in a drive-thru and he takes his first bite into another burger, and he says, I'm done with this. And so I think sometimes we run around, Anthony, looking for emotion, emotion, emotion, emotion, and we have these never-again moments. I think Zach's there. I think Zach wants to pay his debt off, but he's not getting that. My stomach's not doing back flips, and my hair's not standing up.

Zach, you're there, man. Yeah. Don't over-dramatize never again. Yeah. Don't over-sensationalize never again. Some people have it, man. It's cool, and it's fun to behold, and it makes for great TV, but there are millions of people across this country that have silent, internal, spiritual, never again moments.

So I'm going to try this again. Before the break, Anthony, I tried to roll into a Ramsey Plus ad. And for those of you who don't know, I'm new to this. I'm still figuring it out. And I started a cool segue into an intro right as the break was coming. And we call that a botch job in radio. We don't really call it that, do we, James? I just made that up.

But here we go. No, but that's a good description for what you did. Speaking for never again moments. Never again are you going to let money keep you up at night. These are crazy, crazy moments, right? History is crazy right now. Never again will you let the news cycle put you in a panic. And we all know that when you have the right plan, the right tools, the right teaching, you never have to question if you're

doing the right thing with your money. You don't got to wait for your feelings. You don't got to wait for this butterfly moment. Ramsey Plus gives you all of that. It's our brand new all access membership and you can try it today for free. F-R-E-E. Here's how it works. You'll learn the proven money plan with our best-selling content, including Financial Peace University. You'll budget and finally take control of your money with every dollar and track your progress with the new Baby Steps app. All of that in one single membership.

Start the money plan for real life so that you can be confident that you're doing the next right thing for your money. It's your decision. Your choice. If you want to start your free trial of Ramsey Plus today, text TRIAL to 33789. That's T-R-I-A-L to 33789. Anthony, we got it in before the break, baby. Hey, congratulations, man.

I'm getting there. I'm getting there, America. Slowly but surely, I'm it in before the break, baby. Hey, congratulations, man. I'm getting there. I'm getting there, America. Slowly but surely, I'm learning how to do the radios. So, hey, Dr. D, Emma from the Ramsey Baby Steps community asks, how can someone balance family time versus side hustle for extra cash? I think that's a conversation that you have with your family. Okay. And you make sacrifices together.

You do togetherness together. You do community together. But I think that's a conversation you have with your family. Let me ask you a question. Is family time more important than side hustle and money? I think it's about your shared values and your shared goals. Okay. My wife taught me this idea of seasons, which I love,

which is when fall comes after summer, when winter shows up, we don't say that summer's broken. It's a natural transition, right? So there are seasons in our life, like through the COVID stuff. We were working like crazy, doing lots of media hits, lots of writing. The world needed us. And so we were busy. And then the summer came, we slowed down for a minute, right? We've taken some vacations. We've got some time. It's just part of the seasons. And so some seasons you say, I'm going to get out of debt 24 months.

We're going to blitz this thing. We're all in this together, our shared values. And then you run and gun. Then there's other times you say family is more important than an extra side hustle dollar right now. It's shared values. We do it together. lines.com 100 satisfaction guarantee means even if you mismeasure or pick the wrong color, they'll remake your blinds for free. Anthony, you might mismeasure your blinds sometimes, and they will replace them for free. You get free samples, free shipping, and with the new promos they run every month, you'll save even more. Use promo code RAMSEY to get the best deal. Rules and restrictions apply. So today's question comes from Ava in New York.

She visits DaveRamsey.com to ask, I'm a recent college graduate with a Bachelor of Science in Marketing. I'm in a difficult financial position and I'm trying to get employed or more ideally to start my own business. My question is, how can I separate from the student loan debt in order to move forward, especially in this pandemic when getting hired is a very uncertain? I feel at odds with myself because I'm eager to get employed, but I feel like my debt is going to always be part of my identity and identity until it is paid off. Anthony, what does she do you know here's a question here's not a question but here's here's something i really want to say um uh ava um your debt is not a part of your identity but your debt will be a part of your life if you take

it out to go back to school okay um your character your, your hard work that plays a role in your identity. Your debt does not. But your debt will play a major role in your life. So to answer your question, how can you separate yourself from the student loan debt in order to move forward, especially in this pandemic when getting hired, don't take out any debt. Bottom line, you know. And get a job. Yeah. Go out there, get you a job, get you two jobs.

Go back to maybe go, yeah, I mean, it's, I understand that it's difficult to get a job. It is. But you know what, when you work hard, when you put in the work, you definitely land it. I understand that it's difficult to get a job. It is. But you know what? When you work hard, when you put in the work, you definitely land it. I would highly recommend that you get King Coleman's number one national bestselling book, The Proximity Principle. It would definitely help you because sometimes it's not about your education.

Sometimes it is about your connections. Who are you connected to? Who do you have a relationship with how do you get in proximity with the right people who can put a plug in for you and so the number one thing is you're not taking out any debt okay you're going to cash flow it you're going to get get an extra job um and as well as go from that way but i would definitely and highly recommend uh that you get the book from my good friend, our good friend, the one and only Ken Coleman, who is the host of The Ken Coleman Show, which I would definitely recommend

that you listen to his show and get his book, The Proximity Principle. And for America, I want you all to get this man's book. I read it, and it blessed me tremendously in my own field right now, uh, because sometimes it's not about your net worth. It is about your net work and who you associate yourself with. Um, that can make you a stronger candidate.

Um, it can help your wallets, uh, make it really, really, really, um, help you avoid things like debt. All right. So that's what I would very much so recommend. No debt. Get an extra job. Cash flow it. Get around the proximity of other people

who can also help you along this journey. Great question. Anthony, this is a little bit of a sidetrack here, but this question brings up a broader conversation that I've had with recent college grads, and I know you have. It's this idea that I got a degree, now the world owes me. I got a degree, and it's hard to get a job.

I got a degree, and things in a greater economy are messy, and I thought I was supposed to get this degree, and then the world's going to open up for me like an oyster, and that's just not how it works. You get that degree, and then you've got to hit the streets, and you've got to grind the streets and you got to grind and grind and work hard and work hard and work hard and then work hard again. Yeah,

I totally agree. Going out to Richmond, Virginia, we're going to have a conversation here with Christian. Christian, good afternoon. How can Dr. D and myself help?

Hi, how you guys doing today? Doing good, man. Thanks for calling in. How can we help? So I have a very difficult question for me, but it's kind of weird. So basically, me and my girl, we've been together for about 10 years.

And we've always been living paycheck to paycheck. We don't have any debt besides one car that because I found your show, I want to sell. So I'm going to sell it as soon as I can. But I'm only making $26,000 a year right now. And we live with my mother-in-law's basement. And I just really want to get out of that situation but I want to move to Florida and we're trying to do it within a year so my question is would you consider that a good plan if I take a second job to get my income up and try to do this in a year or would would you consider just staying in my state, which is Virginia,

until we're in a better place? What do you want to move to Florida for? But wait, hold on. Before you answer that question, on the screen here it says mother-in-law. You said your girl. Are you all married or are you all just dating? So we're just dating, but we're engaged right now. Okay, so you're engaged.

When are you all getting married? We're thinking of doing it before this year's end. How long have y'all been together? Ten years. We've been together about ten years. So you've been living in your girlfriend's mom's house for ten years? Well, we

lived like some years with my mom, and then we have two kids now. So we moved into my mom's and those basement cause she had more space. And, um, we had our second child like tweet three weeks ago and we kind of just mainly me. She's always been saving and try to get things in a good spot for us. But you know, I always been messing up.

So I kind of just woke up with my second child and said, I, I'm not doing things right. And I want to do things good for them, for my kids future. Yes. That's good. The reason we want to move to Florida is just,

wait, wait, wait, wait, wait, wait, wait, wait,

wait, let's, let's pause about Florida right now. Okay. All right, because you said you woke up with your second child and you said, I want to do things right.

Okay. Yes. Before we can think about moving to Florida, we need to build a solid foundation. And right now, the foundation is rocky. Okay. Okay.

With my personal belief, my Christian faith, respectfully saying, if you've been with this woman for 10 years, she's not a girl. She's a woman. It is time for you two to get married. Go down to the courthouse, get married, okay, combine your income. And then if you do from there, I don't have a problem with y'all living with your mother-in-law now.

Once you're married, before you move to Florida, man, you got to go ahead and just build a solid foundation. Get married. Get your income stable. Go ahead and pay off the rest of this debt. OK, go ahead and get three months of your emergency fund saved up. Then we can talk about moving to Florida. But you're not, in my opinion, because I don't want to force my Christian faith onto you. If you are my friend, because you are, as a Christian, I'm telling you to get married. It shouldn't take you 10 years to know this is your wife. You're already living with her. You already have kids with her. Go ahead and put the ring on it, man. So that way, you know, you're in a solid place with her and you all can start building together. You know, am I making sense here, Dr. D?

Yeah. Hey, Christian, have you sat down with your wife or your fiance and said, I have not been the person that you needed me to be for the last decade. You've been trying to hold us together and I haven't held up my end of the bargain and I'm ready to change. Have you looked her in the eye and told her that? So we kind of had this conversation as well. And so I talked to her about this program that you guys have with the Financial Peace Innovation. Yeah, back that up. Back that up.

Have you looked at your fiance in the eye and said, I haven't been who I'm supposed to be for the last decade and I'm making a change starting today? Have you done that? Not completely, no. Okay, so today, that conversation happens today. And you ask your mother-in-law to take the two little kids and you take your wife and you take her somewhere, whether it's the backyard or whether it's upstairs or on a walk,

and you look her in the eye and say, today I'm different. You get on financial peace together and you start following those baby steps. You get money in the bank and say, today I'm different. You get on Financial Peace together and you start following those baby steps. You get money in the bank and then you start talking about moving different states and different places. You're excited and you're ready to rock and roll, but the first thing you do is you get with your partner

and you say, we're going to do this together and I'm sorry, I'm going to make it right. scripture and quote of the day comes from ephesians chapter 4 verses 16 from him the whole body joined and held together by every supporting ligament grows and builds itself up in love as each part does its work coming together is a beginning keeping together is progress now working together is success beautiful quote from the man henry ford out to Dallas, Texas, we're going to have a conversation here with CJ. CJ, good afternoon. How can Dr. D and I help? Good afternoon.

Hi, Dr. D and Ayo. How are you guys doing? I'm doing good. How can we serve you today? That's awesome. So I just started listening to Dave Ramsey and to the rest of you guys about a month ago. I would say I'm in step 3B now. And here's my situation. I basically committed to a graduate school program about a year down payment, and I was going to take out a school loan to fund the rest of it. I did get some scholarships, and I'm getting some help through work as well. I was also going to take out a loan so that I could save up for a house as well.

But after listening to Dave Ramsey and especially your work, Ayo, I've refused the loans. But now where I am, I'm still trying to save up for a house and cash for graduate school. And I guess I'm just looking for some wisdom and advice on how to do both and it not take forever. Yeah, that's a good one. And for the people listening right now, she said babysat 3B. So babysat 3B is after she has her fully funded emergency fund, which she has 3B is she's saving up to put at least 10 to 20 percent down on a home. So I just want to make sure people listening right now knows exactly what she's saying. So this way you can follow the conversation. Let me ask you this question here, CJ, what,

do you need the degree or is it something that you desire? So your income can come, can go up. Which one is it? It's something I desire where I am in my career now. I'm at a great spot, but I, but I would like to go higher. And I believe I have the potential to do that. And after talking to my directors at work, it's pretty much unanimous. If you get a graduate

degree, then that will definitely set you on a trajectory to higher earning potential. How much are you making a year right now? $160,000. $160,000. CJ, you're dropping bombs in Dallas, Texas. Come on now. What's your field?

Electric engineer. Oh and so what kind of master's degree do you want to get? I want to get an MBA. Hmm and how much more would that bring you? You'll go from 160 to what bare minimum?190,000 within two or so years after graduating. Okay, cool. Here's what I'm going to recommend. I let Dr. D come in from the money side. You're making $160,000 in Dallas, Texas. That's good money because a $200,000, $250,000 house in Dallas, Texas is a beautiful home. So what I'm going to recommend to you is going ahead and I would focus solely on getting into your house,

stacking your money up because you're out of debt. You already had a fully funded emergency fund. So with your kind of income right now, within the next year, year and a half, you can save up that money to put down towards your home. Then from there, you can cash flow the rest of your program. I get it that you don't want to wait, but here's the thing. You

said, I don't need the degree. I want it so I can get an extra $20,000, $30,000. So what you're saying, I don't need it. This means that you can take a little bit of a, you can take a little bit of time so that way you can get into your home, which I really want you to do that. I believe home ownership is a great opportunity as long as you do it right. It is needed. So I want you to get into that. Then from there, I want you to focus on going ahead and finish something that you really do desire, which will give you a $20,000 and $30,000 bump. And you're not taking out any loans because you don't need it. CJ, you're clearly smarter than I am and more accomplished than Anthony for sure. Well, wait a minute. She's smarter than you.

Let me just say it this way. In Dallas, Texas, there are some extraordinary private schools, and there's some extraordinary state schools, and there's some branch campuses too of some of the big flagship schools in the state. Are you somebody who really wants that MBA from an SMU or from a Baylor, or would you be willing to get an MBA from a University of Texas Dallas or UT Arlington or A&M Commerce? That's a good question, Dr. Jostle.

I did get accepted into SMU. Of course you did. I could tell by your voice you're an SMU gal. And that's a world-class program and very, very expensive. Yeah. True. That's true. And so here's the deal.

If you're in a job, what I'm going to tell you right now is you can do the work academically. And so some people want graduate degrees to know, could I do this? Could I make it in this program? I can tell you right now how accomplished you are as an electrical engineer in Dallas, Texas. Yes, you can do that work. So the next question is, do you look around and see your bosses and they've got MBAs from all the fancy schools and all that, and that's what they're expecting of you? Or do you need to have an MBA to move up in your workplace?

And are you willing to cash flow it? Because if you are, there are some great programs at some of the state schools, some of the regional campuses there in Dallas, Texas, and at any major metropolitan city in the United States where you can get the same degree, the same MBA, with some great faculty, some great coworkers, some great networking in your local community that's going to serve you really well. Going out to San Diego, some great coworkers, some great networking in your local community that's going to serve you really well. Going out to San Diego, keeping the conversation going, having a conversation here with Allison.

San Diego, California. Hi, guys. That's my city. Hey, Allison, how can we help? So I think it's really ironic that CJ just had that question. Mine's kind of similar, but not as far along in my career as she sounds like she is. Okay.

So I just moved out to San Diego a couple months ago because I got into UCSD for my MBA. Okay. And I just started listening to Dave Ramsey and all of you guys literally earlier this week. And so I was like, oh, my gosh, okay, what am I doing? So I still have about 18K of undergrad loans left. And UCSD is probably going to end up being around 100.

And that's not to mention that it's one of the most expensive places in the United States to live, right? Yeah. Yeah, so it's 100 plus, right? Right. And you're not going to work, right? No, I am working. Oh, you're working. She better be working.

Oh, yeah. Yeah, yeah, yeah. No, I'll still be working full time. It's an evening program. So I got to ask you the same question because our time is about to end up here real quick. Do you need the master's program? Do you need the grad program for the field that you're getting into? So, like I said, I just moved here.

My job in Florida, I felt like I needed it. But now that my new job out here, I don't feel like I need it. But I still really want it because I'm interested in the subject and the curriculum that they offer. You can tailor it pretty much to whatever you want. It's like 65% elective. So I'm really interested in learning product development and corporate finance and just kind of like all the elements that that specific program offers. Yeah. So I am, I still want it, even though I don't necessarily need it anymore. So cool. Here's the, here's the, here's the answer, Allison. And what I want you to do is

follow me on my YouTube channel because I dive in deeper to this. Sorry, we got a rush, but here's what I want you to do. Do what you need to do today. Do what you need to do. And what you need to do is pay off the debt that you currently have. Once you pay off that debt, then what you can do is step back. You have some free income, and then you can cash flow your grad program because you just say you don't need it. Sometimes you kind of want to dive into, you know, kind of want to enjoy. You're not going to enjoy paying off $125,000 worth of debt

for the next 20 years of your life if you complete this program. So what I want you to do is take care of what you need to do so you can enjoy the future and you can enjoy your college experience getting your grad program because now you're cash flowing it. So that's just my two cents there.

I mean, that's what i do every day it's more than somebody with a bunch of student loan debt has so outstanding yo dr d has been fun man rocking out with you the last three hours and also with you hey man america we love you i want to thank our producer james chow and our associate producer kelly daniel you guys remember the caliber of your future will be determined by the decisions we make today this is today randy show of your future will be determined by the decisions we make today. This is the Dave Ramsey Show. This is James Childs, producer of the Dave Ramsey Show. Once again, you made the Dave Ramsey Show one of the top four most popular podcasts last year. To get your daily dose of motivation and inspiration from the Ramsey Network,

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