The Ramsey Show - App - Don't Spend Your Life Working a Job You Hate! (Hour 3)

Episode Date: October 8, 2019

Anthony ONeal, Ken Coleman, Debt, Career Tools to get you started:  Debt Calculator: http://bit.ly/2QIoSPV Insurance Coverage Checkup: http://bit.ly/2BrqEuo Complete Guide to Budgeting: http://bit.ly/2QEyonc Interview Guide: http://bit.ly/2BuGnZE Check out other podcasts in the Ramsey Network: http://bit.ly/2JgzaQR 

Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, it's the Dave Ramsey Show. For 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'm Dave Ramsey, your host. Thank you for joining us. Open phones at 888-825-5225. That's 888-825-5225.

Number one best-selling author, Ramsey personality, Ken Coleman, will join me at the bottom of the hour. Ken is the host of The Ken Coleman Show, a hugely popular show on SiriusXM podcast and about 40 radio stations. We've just started syndicating it earlier in the year this year to your city. He'll be joining me here answering your career questions, which is what he does every day. He's author of the book The Proximity Principle and is the number one bestseller on how to land and, you know, work out the process of getting you into the career that you love, the proven strategy that will lead to the career you love. So he'll be with me at the bottom of the hour.

If you have questions about job hunts, about career, about finding your passion, those kinds of things, jump in right now. We'll set you up for the bottom of the hour. The phone number, 888-825-5225. That's 888-825-5225 for Ken Coleman at the bottom of the hour. Meantime, let's talk to Nick in Massachusetts. Hi, Nick. Welcome to the Dave Ramsey Show.

Hi, Dave. How's it going? Better than I Hi, Dave. How's it going? Better than I deserve, sir. How can I help? I'm doing well. So I have a question about my wife and I are big fans as of last week. And the question is we are going into the mission field next spring. And as of then, we should probably have about, well, we should have no debt minus a house that we own.

And we should have about $15,000 in an emergency fund. Good. Um, so the, the, it costs, the cost of living over there is about, uh, 30,000 from the research that we've done and, uh, what's being offered for us as far as living on the farm and, um, stuff like that. So that's what we're working with. I have a house that I'm currently renting, and I wasn't sure what to do with that house. And it's a 30-year mortgage, and, yeah.

Okay, so the home you're living in and you have a rental house, both? Yeah, so we are renting right now out of my wife's parent's house. Oh, I see. Yeah. Okay, and so what is the house that you have as a rental property worth? We bought it for $236,000 five years ago. What's it worth today? Probably around $250.

Okay. Ish. And what do you owe on it? $215. $215? Correct. Okay, so you're not making any money on it, really, with the rental. No, only like $400 a month-ish.

Yeah, which is $4,800 a year, one heating and air unit, and you're baked. Right. Well, we're only making $150 a month if you count. I meant principal-wise. We're only making $150 a month cash flow. I would sell that house. Sell the house? Whether you're staying or whether you're going.

You don't have enough. That's not what I figured. It's just not a good investment. It's not whether you're going. You don't have enough. It's just not a good investment. It's not making you any money. You've got $2,000 a month payments at risk in return for making $2,000 a year, and you're going to be overseas. Right. You don't need the risk. You don't need this thing hanging around your neck.

I would get that sold before you leave. I'd put it on the market now. Is there a lease on it? Yeah. Yeah, I just signed it for a year. But we're not leaving for nine months. So, I mean, it'll be three months after probably. Well, or you start, you know, putting it on the market at the two-month mark

because it'll take a little while. Let the tenant know that, you know, that this has got to happen. So you have $15,000 in the bank, and you need $30,000 a year to live overseas, correct? Yeah, which will come in from donations from, like, people in our church and stuff. Okay, so you're going to raise funds to be the missionary. Yeah, exactly. Yeah, so if you've got your living covered and you got rid of this house, you're in a position to do this.

Very well done. Good. Okay, cool. How long do you intend to stay on the mission field? Do you have a plan on that? Well, we're committing to two years, and then we're going to reevaluate after that. Perfect, perfect. Good for you. Well, that're committing to two years, and then we're going to reevaluate after that. Perfect.

Perfect. Good for you. Well, that's wonderful. It's exactly what you should do. But, yeah, I would get rid of this house. It's not going to be a blessing to you in this situation. Thanks for the call. Again, Ken Coleman coming up at the bottom of the hour.

If you have career questions, jump in right now. The phone number, 888-825-5225. Questions about your job. I feel stuck in my job. I don't know what my passion is. Ken can walk you through every bit of this, and we've got lines available for you to jump in. 888-825-5225. Andrea is in Nebraska.

Hi, Andrea. How are you? I'm good. I can't believe I'm talking to you. Well, I'm glad you got through. How can I help? We've been huge fans, and my husband said to call you. So we're just kind of having some financial problems, and we saved up some money, $3,400, to buy my husband a truck.

And we bought it a month and a half ago from a dealership. And it's been having problems on and off ever since we purchased it. And now it's been about a week and a half, two weeks that it's been at the mechanic shop. And we got it looked at and they said, you need a new engine. The thing literally won't even leave. Like, my husband can't even accelerate in the vehicle. So for the past two weeks, we haven't had a truck. And now it's down at the dealership, and they're saying to us that they're not going to fully refund us

because, you know, we've had the truck now for a month and a half, and they're not really required to do anything for us. Now, when we purchased the vehicle, they told us that the former owner told them that the cam phasers were locked out, meaning, I guess, you wouldn't have to replace them. So when we took it to Mechanic and they looked it over, they said, actually, you have to replace the cam phasers and the timing chain because that's what's causing the problem. And honestly, Ford's solution for it is to replace the engine. So I'm just kind of looking for some help as far as, like, what do we do? How do we fight them?

Do I try to get a lawyer? Do I say to them, look, you know, give us our money back? Because, you know, you guys knew that you sold it to us with this pretense. I don't know what to do. I think you sit down with them in person and say, guys, you knew this. And on that basis, the transaction you did with us was fraudulent. And so you really do need to refund our money. And if you don't, I'm going to have to seek the help of some legal counsel. And I don't want to go that way.

Just write me a check, boys, and let's call it a day. And if they don't, then you need to see an attorney. This is the Dave Ramsey Show. If you've turned on the TV, read a paper, or been on the web lately, then you know this country's in the midst of an identity theft crisis. Equifax is attempting to settle with its 150 million breach victims. Now that's a joke. And Capital One exposed the records of over 100 million Americans. These are just the breaches making the news. You can't possibly still think you don't need identity theft protection. Folks, this problem is not going away. The only

way to fight it is being prepared with an ID theft protection plan, and the only one I have ever used or recommended is from Zander Insurance. They cover all types of ID theft, take over the work if you become a victim, and even protect your money if it gets hacked they also cover kids for free on their family plan id theft is a nightmare and you need to get protected call 800-356-4282 or visit zander.com This is the week at Ramsey we declared war on the student loan plague in America. The new book, Debt-Free Degree, is on the street. Launch day was Monday. Anthony O'Neill, best-selling author, Ramsey personality, the author of this book on how to send your kid to college without debt is out in America all over the place doing a book

tour letting people know this can happen. Anthony's on the line. Hey Anthony, how are you? Hey Dave, I'm doing well here in Chicago.. Just got off of Windy City Live with those amazing people. Just having a blast out here, Dave. Very cool. So New York was yesterday with a good Fox & Friends hit, and today you've had Windy City Live and several other folks you visited there in Chicago, right? Yes, sir, yes, sir. I did WBGL mornings with Jonathan and Lindsey.

Then I did Sonia Blakey at Inspiration 1390 a.m. Then Good Day Chicago. Then Windy City Live just about an hour ago. And then we have a couple more media hits for radio interviews. And then we're heading over to Skokie for my very first book signing at Barnes & Noble there at 6 p.m. So, man, I'm excited, Dave. It'll be your very first book signing for the debt-free degree book other than the town hall the other night we had them here for the

folks here but uh yeah the official public book signing launch is here and it's uh barnes and noble six o'clock tonight at the old orchard center at skokie and uh where it is we're giving away a little money huh just a little bit dave just a little bit no we're giving away a 500 tonight um cash giveaway you do not have to purchase any books to come just come and hear hear my heart let's have a conversation and somebody's going to walk away with 500 cash uh this evening so anthony you and i talked about when we started this project and you were saying we've got to show teenagers and their parents how to go to college debt free. One of the things I told you was that there's a bunch of whiners in America that would push back and say, oh, that can't be done. This message is a lie.

And that's happening already, isn't it? Oh, yes, it's definitely happening already. I was just on. I want to say the particular show. Well, one of the hosts said, I just I just don't see this being possible that my son can go to college debt free. And we had an honest conversation and I was just like, it is definitely possible. Now, your son may not be able to go to his particular dream school, but we got to change the definition of what a dream school is. Dave, you and I know this, that a dream school is your affordable school. What is the best route to go to a school that you can graduate from debt-free? And by the time I got done walking through all the different options and the process of obtaining a debt-free degree,

her eyes lit up and she was definitely encouraged that she even left the show saying okay it is possible and so i'm looking forward to even helping her and her son and daughter out even the more well if you converted her on the air that means you converted a bunch of our listeners that's awesome very cool yes sir that's good news so yeah i mean i just saw a tweet and i was going off about it on another hour that uh you know, so what's this book about? It says, you know, what's the what's the first chapter? Don't be poor. Well, if you are poor, you get Pell Grants, right?

You get Pell Grants. You get scholarships. I mean, it's easy for young people to go to school who are who are living below the average income. But again, Dave, here's the thing. And this is what I'm telling everyone. And I'm screaming this. You just have to do the research. That's it. So if you are making less than a certain amount of money, then you would definitely get into college easily. But if you are making above average, you can still get into college very easily as well as far as looking up

grants and scholarships. But you may have to start off at a community college, a trade school. The route may not be the route that you want to go, but I guarantee you this route and debt free degree is the best route to graduate debt free. Yeah. If you're poor, you can't go to a school that's fifty thousand dollars a year. You can't because you're not going to earn that much and you unless you got full scholarships or free rides. Right. But if you're poor and I was poor when I went to college. I mean, I didn't have any money. And so, you know, I was broke. I wasn't poor.

Poor is a way of thinking. I don't think that way. But the thing is, I mean, the average state school in America, the in-state tuition is about $10,000. That's $833 a month. You can make more than that delivering pizzas that's absolutely right dave but then when you look at it the average community college doesn't cost you three to five thousand dollars um per per year but in our state in tennessee you

can go there for your first two years for free so whether you poor whether you got a lot of money it doesn't really matter there's no excuse to why you have to take out student loans. I did it, Dave. And my family wasn't wealthy. They weren't rich. We were living paycheck to paycheck. And I still was able to secure a scholarship, use my father's GI bill. And I decided to take out more money. I was the excuse. It wasn't that I needed to take out more money. Yeah. And you didn't even use that money for actual school the school's paid for the gi bill yes sir not one dime i used it you know just to impress my friends impress the young ladies during that time and buy a bunch of pizza and red lobster and some good old butter biscuits but not one dime went towards college yeah and that's what happens so often but this idea

i mean that you just can't. I think one step of it, it's almost like Chris Hogan's everyday millionaire message. One step of getting a degree debt-free is saying it can be done. Now, and I've got to do what it takes to cause that to happen. So I'm going to go to a school that I can figure out a way to pay for or that's giving me so much scholarship money. I mean, you may have a super expensive school, and they're paying for 90% of it, and so it's cheaper out of your pocket than the in-state tuition is.

So you go to a school that gives you the best deal and play them against each other, right? Absolutely, Dave. And you know what? I think a lot of our listeners hear you and I talking a lot about in-state schools and community colleges. But just while I was on the road, a young lady sent me an email and she's saying, hey, Princeton gave me 95 percent tuition. She only had to pay for her books. And I was like, well, clearly go, because that's not going to cost you nothing. If you can't pay for your books, you really don't need to be in school anyways. But so her mom and dad paid for the books. And was like i i'm not against ivy league schools no i do want to say is that

you don't have to go there to become successful if you get the best option there go go there but if you if you can say i've been to princeton and you went for free i mean i've got a niece that had a free full ride at vanderilt, 100% free ride. And she was valedictorian, salutatorian, or whatever in her high school. And based on grades, Vandy signed her up. So, I mean, if you can do that, do it. But Vandy's $60,000 a year. And don't go $60,000 a year in debt to go to Vandy.

It's not going to make that much difference in your actual career. That's it, Dave. One of the people on Twitter, she tweeted me and she said, are you trying to tell me to discourage my ninth grader from dreaming about Harvard? I said, absolutely not. If you read the book, we're giving you the step-by-step process on how to get to college debt-free and grades and ACT scores and dual enrollment classes. There's so many things. So if your daughter really works hard, she can possibly go to Harvard with the scholarship and with some financial support from yourself. But if she cannot, then what we got to do is just educate her and let her know Harvard is not the end all be all. There are other great options. But if she gets a full

ride, go. I am extremely happy for her. But just as much, I am extremely happy for but just as much i'm extremely happy for billy joe billy john going to community college and he just graduated i'm happy period as long as we get an education exactly two two comments on that i mean one is uh no we're not discouraging your son to dream of going to harvard we are discouraging him from creating a nightmare in his life because he went to harvard yes you know that you know because he thought that harvard was going to be the reason he's successful and there is zero data in the marketplace zero data no research anywhere that is credible anywhere that shows that where you went to school is correlated with your future success.

It's just not there. It's not there. 78% of the CEOs of Fortune 500 companies graduated from state schools. Not MIT. Not Princeton. Not Harvard. Not Vanderbilt. So this is what we're learning.

Hey, the book is Debt-Free Degree. Anthony is signing them tonight at Barnes & Noble in Chicago, Old Orchard Center in Skokie. Go buy. We're giving away $500 cash. Must be present to win an 18. No purchase necessary. Anthony, stay safe out there. Get some rest.

Thank you, Dave. Thank you, Dave. Thank-selling author. Ken Coleman, host of The Ken Coleman Show, heard every weekday on SiriusXM, on a local radio station near you, and anywhere you listen to podcasts, is joining me this half hour to answer your career questions, your questions about job. Ken, it still amazes me that, and it has for years, decades, I've observed this, the number of people that spend way too much time, 40 hours minimum a week, at something they hate. Hate.

Yeah. Well, it's interesting because it's the devil they know versus the devil they don't. So they look at, I'm miserable. I'm not happy. Maybe I'm not in a good culture. Maybe I have poor leadership around me. I have no connection to the work, but at least I know that if I show up, I'm going to get that paycheck versus, all right, I have a sense maybe of what I'd want to do, or maybe I have no idea at all. know it's not this but that's going to require me to dig in and get some real clarity some self-awareness maybe go through something i've never done before to really truly see what do i do best and what do i love to do most it's a

little bit of emotional laziness no question to just not face this thing down and say i'm not going to spend my life. You know, one of the biggest gifts my parents gave me, they said, do not spend your life doing something you hate. They told me that over and over. That's right. Find something that you love. And it's so bad around here that I tell people that work here, you know,

if I hate doing something, y'all are in trouble because I'm going to stop doing it. Yes, exactly. That's right. I'm not going to do 27 live events this year. That's exactly that's right i'm not gonna do 27 live events this year exactly right i'm not gonna do it i like doing live events i don't like doing 27 of them i'm not doing it anymore i work too hard to get to this point and so all of a sudden dave does about two live events per category per year and so uh y'all are glad i like doing this show because boy isn't that true.

Note to self. Make sure Dave's happy in here. Well, I mean, you know, it's not that. But, you know, you spend too much time, a high percentage of your life, 90,000 plus hours. Now, this is the average American. So if you look at your work span, so we could roughly say this is 22 to 68. Let's just throw that out there. 90,000 plus hours. And you're talking about doing something that there's no connection.

There's no missional connection. Around here, we talk about the fact that we're crusaders because we know what our work is doing. We can enjoy that. We can be good at the work, and we can enjoy the work. But more importantly— And when you do something like that and you're tired, it's a good tired. It's like a great workout. You ever go out of the car with a good workout, and you're like, man, I'm physically exhausted, but I still feel good.

Why? Because I know that I exerted my maximum effort, and actually, even though I'm physically tired, there's some endorphins going on in there. And then mentally, I feel good about my effort. I know that I got in shape or I got better today because of the work and that's what you're talking about i don't know if it's a hillbilly redneck tradition or if all men do this but i remember when i was like 10 years old and we cut the grass and uh you know dad was out there working we'd be putting the mulch around the bushes and getting the weeds out and edging the sidewalk and weed eating. And then, you know, father and son would call mom out.

She'd bring out a glass of tea and we'd all go stand in the street and just... And stare at it. And feel proud of our work. Yes, that's a dude thing. It really is. I'm proud of my work. Yeah, whether you're pressure washing or... Oh, pressure washing's the best.

I love that. I'm proud of my work. Me too. It's redemption. It is. There's actually of my work. Me too. It's redemption. It is. There's actually a tie there for a second. Just as pressure washing is satisfying to you folks. Why?

Because it's dirty and gross before, and as a result of this, it's clean and shiny, and you're proud of it. This is work that matters. If your work is creating a contribution to society, no matter what it is, a positive contribution, this is significant. This is what everybody longs for. Absolutely. All right, let's go to the phones. Jamin is on the line in Arizona. Jamin, your question for Ken Coleman.

Yes, thank you, gentlemen, for taking my phone call. Sure. How can we help? I am working for my dad, so it's a business question. We're in a family business. He owns a plumbing company company and I've been working with him for almost four years now. When I first started, he had about 10 employees and now we're down to two. And he is wanting to file for bankruptcy and start a company in my name, and I just don't know if I should continue going forward with this

plan or find a different career. I think you know. I was getting ready to say, yes, you do. We could hear it in your voice. Yes, you do. You could barely get the sentence out. It's so heavy on you. So let's just be honest for a moment.

Let's just pretend Dad would never know. What's the right answer? Do you want to do this or not? No. Of course not. That's the right answer. Yeah, so don't do it. This is your dad's deal, your dad's company.

And you've got to separate your life, your mission, what you want to do with your life from your dad, which is difficult, I understand. You want to make your dad happy. He's going through a tough time, and he's got to pull you into this, and he thinks it's a good idea in his mind, or maybe he just doesn't have any other idea. But the reality is you don't owe him this decision. You do not owe your dad a poor decision and to do something that you don't want to do.

He's essentially handing you a heavy rock throwing you in the water and say swim yeah this is not he he's just scared and he doesn't know what to do and so he's throwing dumb options on the table if he calls me i'd tell him to never do this to his son and he knows better too um so what's going to happen is you guys are going to go be plumbers for somebody else for a little while, or you're going to take on a completely different career, one of the two. And then later on in a couple of years, your dad will restart his business and grow it again.

And he'll learn his lessons that caused this and he'll rebuild. Um, this is doing something that is harmful is not an act of love. It's an act of toxic situation. And I don't think your dad's a bad guy. I think he's just scared. And sometimes some of the dumbest things I've ever done in my life is when I was scared or desperate. And that's right where he is. And, Jamin, you know you're not supposed to do this.

So, no, I would not do that. I think you can love your dad and know he's scared and walk with him and go, Dad, it's a hard time for you. It's a hard time for me. We're walking through this together, and don't worry about me. I'll get a job. I'll find something to do. You get you a good job as a plumber, Dad, and start rebuilding here,

and then in a few years you can start again, and I'll go find a career. I'll go find something to do, and you'll be fine. Both of you will be fine. You're going to be okay. Hey, man, thank you for the call. Teresa is with us in Illinois. Hi, Teresa. How are you?

Oh, just great. How about yourself? Better than I deserve. Your question for Ken Coleman. Hi there, Ken. Hi, hi. What's going on? So I'll be 53 in just a couple weeks.

I'm barely making my bills i'm stuck in a job that i have over the past several years started absolutely hating my body's falling apart i've gotten a shoulder replacement an ankle replacement i need a hip replacement i'm truly falling apart at least you still got a sense of humor that's going to serve you well i'm just really glad you're not a horse oh i have to laugh at this point what do you uh what do you do for a living kiddo i'm a telecommunications specialist so there's lots of walking and climbing and crawling and pushing and pulling and like you're pulling wire yeah okay so you need something that's physically easier on you and that you enjoy is that what i'm understanding

yeah okay so what's your question do you have something in mind are you looking for ideas what can i help you with i i have no clue what i want to do anymore my brain is just shutting down anymore i have no memory i i mean i've got some i've got a pension, thank God. I'll tell you what, let me encourage you with something. Let me encourage you. First of all, you need to go see somebody tonight that's got total objectivity on your situation and just share with them how you're feeling.

This is a good friend or family member that can encourage you, and you just need to think through some immediate options that are jobs that you can do that are easier on you physically, and you at least enjoy it. That's your first step. Let's get some stability financially. Maybe even sit down with your pastor. And hang on the line. We're going to send you a copy of Ken's book, The Proximity Principle.

Read that this weekend. It'll be there before the weekend, and I want you to read it. This is The Dave Ramsey Show. Our scripture of the day, one of my favorites in Ken's too, Proverbs 16, 9, The heart of a man plans his ways, but the Lord establishes his steps. Henry Ford said, You can't build a reputation on what you're going to do. Taking career questions for Ken Coleman, number one bestselling author of the book Proximity Principle, this hour. Nathan is with us, and Nathan is in Florida. Hi, Nathan.

How are you? Hey, thanks for taking the call. I really appreciate that. I listen to it every day in my retreat. Thanks. How can we help? So I'm going to be transitioning from the military here next year, and my next dream job is going to be airlines, being a pilot.

So I've been working really hard to work up my hours, but because it's a nontraditional route, I'm not a military pilot at the moment, it's going to be really difficult to work up those hours. The typical way to do that is to become a flight instructor or find another job to build up the hours. I guess my question is, can you think of any other ways that maybe I can prepare for good interviews and be able to actually make a good first impression when I walk in the door, besides just having the 20-plus military career on my profile, I guess, if that makes sense.

Yeah, absolutely. I love that question, and it's the right mindset. So the way you do it is what we write about in my book, The Proximity Principle. So you are going to identify the area that you're going to be living in as you transition out. And so you've got a year, you've got 12 months as an on-ramp, if you will, to be making these connections. So who are the right people and where are the right places?

So you start thinking, and you already listed out the flight instructing schools, and you know all the civilian places where we're talking about private planes and we're talking about commercial areas. And so you begin to almost in your mind circle those areas. And you go, okay, who are some people that I need to be around in those places? And if you don't know names, you start showing up. You start talking to people. And, again, you know where you'll want to go.

So that's half the battle. Start showing up. I think those two words are the most important thing you can do right now. As you show up, you're a respectable guy. You're in the military. Thank you for your service're a respectable guy. You're in the military. Thank you for your service, by the way. You're a great American. And you tell them who you are and what you're doing.

You've got a plan, and you're just here to meet people. And when you show up, whether it's volunteering or showing up saying, hey, I want to buy your coffee, and you begin to find out who are the decision makers and who do they know. And that's how you make all these connections so that when the time comes for you to show up and the time comes for you to officially submit these resumes and get in the interview process, they have heard of you or the right people know enough about you to say, hey, you tell me when you're ready and I'm going to grease the wheels.

I'm going to set you up so that the resume is largely irrelevant because you've made the right relationships, and you've got 12 months to do this. Now, technically speaking, you have your pilot's license now, right? That's correct. Okay, and how many hours have you got under your belt today? About 430. What do you need to be able to fly passengers? Is there a federal guideline or just an industry guideline?

No, there's a federal guideline, 1,500 hours. Okay, so you're 1,000 hours short. And you get that by going to work at a flight instructor, going to work in a flight school somewhere, and that gets you the hours under the belt so that then you can make the jump as a commercial airline pilot, correct? Correct. Okay. So what Ken just outlined is the concept of how you get into one of those schools

and get to work there to get the hours under your belt. It's the step you have to take in order to get to your goal. It's the blocker in your way. It's the thing you have to strategize around, and Ken's given you the step-by-step way of doing that. That's very cool. Again, I agree with Ken. Thank you for your service, sir.

Very well done. Benjamin is with us in Kansas. Hi, Benjamin. Welcome to the Dave Ramsey Show. Hey, thanks for having me. Sure. Your question for Ken. Yeah, I'm kind of in a situation where, like the lady that was talking about,

I'm working in an industry where it's wearing me down physically, and I've got, what, 25 years left before retirement, maybe more if they keep bumping the age up. And I just am wanting some ideas on how I can manage my debt and make the transition from the high-paying type of work that I do now to a lower-paying job that's stable so I can be home at night and sleep in my own bed. Because right now I travel and do industrial maintenance in refineries and chemical plants. So what do you make? Usually it's anywhere from, I think the lowest I've been paid since I started doing this was $37.50, and they usually pay it per DM, too.

$37.50 an hour? Yeah. So what is your annual income the last two or three years? It's kind of fluctuated, and that's why i want to yeah but roughly give me an idea what's your annual income how many hours are you getting how many times are they paying you doing the doing the doing new construction uh i think the i mean you paid your you filed income taxes. What was your income, dude? What, last year I think it was $75,000. Okay.

All right. So you need to replace your $75,000 income with an alternative career. What do you want to do with your life? I don't know. I don't know why you have to take a lower-paying job. Why don't you find a job making $100,000? Let's put it this way. I think you have ideas, but you're scared and you're full of doubt.

If I gave you something tomorrow that was paying you $75,000, and it was just something for you to try, no risk, you knew you were going to be successful, what would you want to do? Just say it. I don't know. That's where it's hard. Okay, let me ask you this. Of all the things you've done, you're an industrial mechanic. You do maintenance.

What is something in your career so far that when you're doing it, you look forward to it, and when you're in the middle of it, you really enjoy it? Describe that for me. What's that task or function? Give me an idea. Working with the other guys and getting the job done. What kind of job? Tell me what you're doing.

What are you doing? What are you fixing? What are you fixing? What are you doing? Welding. There we go. Pipe welder. Okay, so now we've got a clue of something that you actually look forward to, and when you do it, you enjoy it, and you step back and look at it and go,

hey, I like that work. Is that true or false? That's true. Okay, now we've got an idea. So we look at welding, we look at things that are like welding and we need to make sure that it's not so physically draining because you've got some physical limitations so when you start thinking about what i want to move to next we don't just automatically assume that we got to take a pay cut what we say is i'm tough i can handle what

i'm doing now for a little longer until i find something else to step into there's no jumping off the cliff and going backwards financially it's not not necessary. But what we look at is, let's say it's welding. Just to give you an example, here are three questions. What do I have to learn and do to get qualified? Number two, how much is that going to cost me? And number three, based on that cost and my schedule and family relationship life, how long is it going to take? Let me ask you something. You said group of guys. Do you like managing projects and teams? No. I did that early on.

I was a production supervisor. What did you say? You said, I like doing stuff with a group of guys. Yeah. What did you mean? Yeah, when people are on task and they don't drop the ball and we actually get it done. So you like being part of a highly efficient team. Yeah, that's right. Yeah, see, there's some core skills that you bring to welding.

There are some core skills, Dave, that he brings to this industrial maintenance work. He has to identify what are those top two or three skills and how can I transfer those to something else? It's not that difficult. It's out there. And then you've got to get into it and say, what do I need to do to qualify? There's a whole industry, Benjamin, called project management. Yeah.

And if you learn project management, you are working with a group of high-efficiency, excellent people that you are just leading them to the task it's not trying to whip donkeys to win the kentucky derby they're never going to do it i'm talking about you're running with thoroughbreds and so i would explore that field if i were in your shoes hold on we'll send you a copy of ken's book the proximity principle ken coleman thanks for dropping by thanks for having me dave what a good good couple of segments there. A lot of people helped. Good stuff.

Be sure and tune in to the Ken Coleman Show wherever great shows are heard. We'll be back with you before you know it. In the meantime, remember, there's ultimately only one way to financial peace, and that's to walk daily with the Prince of Peace, Christ Jesus. Hey guys, it's Blake Thompson, Senior Executive Producer for The Dave Ramsey Show. This hour's over, but you can find more great content on our YouTube channel. Catch the most watched Dave Rants, death-free screams, and the very popular Everyday Millionaire segment. Go to the Dave Ramsey Show YouTube channel and click subscribe.