The Ramsey Show - App - Don’t Turn Your Dream Into a Nightmare! (Hour 1)

Episode Date: April 8, 2024

Live from the headquarters of Ramsey Solutions, it's the Ramsey Show, where we help people build wealth, do work that they love, and create actual amazing relationships. Best-selling author and Ramsey personality, Jade Warshaw, is my co-host today. Thank you for joining us, America. The phone number is 888-825-5225. Tiffany starts off this hour in Jacksonville, Florida. Hi, Tiffany. How are you?

Hi, Dave. Thank you so much for taking my call. How are y'all doing? Better than we deserve. What's up? Well, I'm calling because I'm sort of facing a bit of a dilemma. So I recently found out I was pregnant. I was dating a guy. And when he found out he broke up with me, I ended up finding out that he actually had a whole different relationship going on while we were together.

Yes. I'm 35 years old. I make about $75,000 a year, but I'm about $49,500 in debt and I'm on baby step number one. So I'm like freaking out right now. Wow. A tale as old as time, huh? Oh i'm sorry yeah um yeah well um as far as helping you go i mean we're just gonna say okay tiffany's a single mom makes 75k with fifty thousand dollars in profit or fifty thousand dollars in debt i'm sorry uh how are we gonna help tiffany and we're just gonna approach it that way how we got here sad um heartbreaking but um but that's where we are correct yes so let's just look out let's look out the windshield and say go can you can someone

who's making 75 000 have a great life and raise a kid and pay off $50,000 in debt? Absolutely. We do it all the time. Does your job have paid maternity leave? Yes. So I think we have about 12 weeks, except I don't have the short-term maternity leave option from disability. I think it's short-term disability. So I think I get 12 weeks. I think nine of those would be paid. The other three would be on my own, if I'm not mistaken. I haven't confirmed with HR yet because I haven't

really told anyone just yet. I'm still 10 weeks. So I'm still early on. You got family in the area? I do. So I actually moved in with my mom last year because I started a business and I was trying to save money on rent. And so now I'm about to have a baby. So she's, you know, like, okay, well, you have to figure out your situation. So I'm going to have to put the business on hold and, you know, get my own own place so that's sort of where i'm like okay so you're not used to your salary you're not used to your salary supporting your lifestyle that'll be new for you exactly exactly it's very new okay it's very new well here's the thing um you make enough to to live in jacksonville florida with a kid okay um people uh in uh the 12 weeks is a new phenomenon um it's a recent memory so nine weeks eight weeks was the old

standard back in the day uh people did that all the time and um since that's what you have paid uh that's you're going back to work at 9. Right. Because you've got to pay the bills and you've got to raise a baby. And so what we're going to do is teach you how to live on a game plan, a written game plan. And Jade can coach you on that and put you on a budget, a detailed plan, what's coming in, every dollar that's coming in.

We give it a name, an address, where it it's going what it's doing make it behave so it has food it has lights and water it has rent it has the other stuff and then we start figuring out how we're going to begin to whittle away at this forty nine thousand dollars in debt how much of that is your car debt I'm my car is paid off oh it's pretty much all um student loans i would say that i think it's about 36 000 in student loans and the rest is um credit card debt okay that's good that's good because i was getting ready to sell your car so that's good well we are still going to cut up your credit card we'll do that yeah we'll do that and uh so we're going to put you

on a game plan stop the debt you're going to be you on a game plan. Stop the debt. You're going to be very adult, paying attention to every detail, thinking about the future, because now our future includes two people, not just one. And practically speaking, your next steps are you're going to HR to find out exactly what your benefit is, just so you know. And then we're going to make sure, is that Christian over there, that he'll pick up, make sure you get EveryDollar. It's the best budgeting app in the world. That's what Dave was talking about, that you're budgeting for every dollar.

But then on down the line, you're going to learn. We'll tell you about the baby steps. We'll make sure you've got Financial Peace University as well. But what I want you to do right now between now and when the baby is born, regardless of what you learn about the baby steps, paying off your debt, all of that right now is just save up mode. You're saving up all your money. You're pausing what you learn about the baby steps and you're saving up all your money for when this baby is born and for you because you've got to get out of your mom's house. And so when the baby comes in the next nine months, eight months or so, and everything's good and happy and taken care of, now you have that big pile of money and that might be first and last month's rent. That's going to

be some savings for you to get out on your own feet and and you know start moving forward with this um yeah and well you know how much are your so you got 10 15 000 in credit card debt right yes yes so let's pretend you saved up 15 000 before the baby comes baby comes home maternity covers it you don't have any any loss you don't have to use any money for baby situation uh now we just take 15 000 out of that account we pay off all the credit cards boom that jump starts your get out of debt once you get the birth behind you and there's no issues but in the meantime jade's right let's see how big a pile of cash we can pile up because you're going to lose no ground on your get-out-of-debt plan or on your other plans as well. Now, Financial Peace University is a nine-week class.

It's taught online. We're going to show you every detail of how to handle money like a grown-up, everything about becoming wealthy, getting out of debt, insurance, real estate. Everything is in there. If we give you that class for free, do you promise to take it? Yes, I will. Don't you miss one? No.

Don't you miss one? No, I promise I would not. This is your time. This is your time. Okay. And let me give you one piece, one more piece of advice. What I want you to do is go and start looking, just start doing your research on apartments or places to live in your area. And when you make your every dollar budget, I want you to start practicing living on that, adding that into your budget and going, okay, when real life hits hits this is really the money that i'm going to have to spend and whether it's you know maybe rent is three thousand dollars

so you're going to learn to live without are you staying with mom until baby comes or you're leaving now um i'm leaving in august okay all right so that's already set okay yes yes all right and uh i don't know does flor Florida have any kind of child support on paternity issues? Yeah. So I've been, that's another thing that I've been thinking about. Yeah. I'm thinking about that too. I got a thing about people that make babies have to pay for them. Yeah. Yeah. And also I'm just, you know, he really wanted me to have an abortion and everything. Yeah. I really want him to pay for it. I want him to pay for 18 years of taking care of his child. That's like his job.

If he's such a wuss that he runs as soon as he finds out what he caused, then on top of that, he gets to pay for it. So, yeah, bring it. Bring it. That's an issue. Wow. It's a self-centered little, yeah what do i know this is the ramsey show jade walsh all ramsey personality is my co-host you've never seen a reporter run up

after the super bowl of the World Series to the star player and say, you just won the Super Bowl. How'd you do that? They never say, I don't know. I just got off the bus. No one accidentally wins. Winning at marriage, winning at your career, winning at money is a series of intentional acts. Around here, we say you should give every dollar of your money an assignment, every dollar a

mission, every dollar should have a name. Use whatever vernacular you want, but make your money behave instead of wondering where it went. Make it behave. That's why we named the world's best budgeting app that we started working on many years ago and have continued to iterate and improve it to where it literally is, the world's best budgeting app. That's why we named it EveryDollar, because you give every dollar an assignment. And it works wherever you are, on iOS or Android or online.

It's free, and immediately you can start it for free, and immediately you see where you're staying with your money. You can get organized. And if you're new to EveryDollar, we're going to show you, in addition to doing your monthly budget, a long-term financial roadmap. Track your net worth, your debt-free date, your retirement date, your progress on the baby steps. And we're going to proactively coach you to build wealth you download the free app for ios or android or go to everydollar.com and put it on a desktop and jade you and george are going to be hosting a live stream on youtube on the 11th later on this week this month and setting people up to answer the top questions that's right people have top four questions we

asked you guys and you told us the top four questions are, how do I even get started? So we'll tell you how to get started. We'll show you everything. We'll have every dollar pulled up. You asked us, can I budget and still enjoy my life? The answer to that is yes, but we'll go into detail. George and I will. You also asked us, how do we deal with changes that come up throughout the month? And so we'll be covering that as well as how couples can best budget together. So definitely stay tuned for more details on that live stream. We want to hear from you. And in the meantime, if you want questions,

if you have questions that you want us to answer on that live stream, you can email them to ask at RamseySolutions.com, and we'll be sure to take a look at those, and maybe yours will get featured on the live stream. It's a free live stream this Thursdayursday the 11th of april on youtube and you're gonna get how do they get signed up for it you can actually you can't sign up for it ahead of time but you can go on to uh youtube and hit the remind me it's like the little bell there on the ramsey network that's right on the ramsey page on youtube okay that's what does it. All right, perfect. Very cool. Very cool. Open phones here, 888-825-5225.

Wilson is with us in Daytona Beach. Hi, Wilson. Welcome to the Ramsey Show. Hi. How can we help? So me and a few of my friends wanted to start a business, and we just had questions about what we should do in order to get the money to start it we have about like 25 000 saved up but that's not going to be nearly enough to um completely open it

what kind of what kind of business about uh it's a rock climbing gym a rock climbing gym? Yes. How many of you is it? It's five of us. Okay. And how old are you guys? We are all between 22 and 24. Have any of you run a business before? No. Okay.

And what's it take to open a rock climbing gym in terms of dollars? So in terms of dollars, between the people I've talked to, cause I'm pretty good friends with two gyms that I go to around here. It's around 200,000. If you do it like yourself, like you build the walls and you like pretty much do everything yourself around 200 to 250,000. If you get it professionally done, it can be a lot more. So I don't think we would want to get it professionally done. So you're somewhere around $200,000 short? About, yeah.

It's not you buying a franchise of these. It's you starting from the ground up, building the facility. No part intended. Yeah, and we probably rent this area, rent the building, so we wouldn't really need to build a whole facility.

It's really just like the holds that you have to buy. $200,000 worth of rock wall. Really? Yeah, essentially. Really? Yeah, it gets pretty expensive. Really? You'd be surprised, yeah.

I am surprised, yeah. I'm shocked in it all. I'm aghast. Yeah. Yeah, no way. Okay, we coach through Entree Leadership. I do a podcast also where I answer small business questions on EntreeLeadership.com, okay? And you can tune in to that podcast once a week.

But I've been coaching small businesses. We coach about 10,000 small businesses across the nation. I love small business people. So I love your entrepreneurial zeal. And my job is to not be a dream killer, but I love killing nightmares. Yeah. And what you're describing has three major faults to it. And you're walking into a nightmare, okay?

None of you have any business doing this together. The biggest disasters I ever get into coaching are partnerships, and that's with two people, much less five guys in their early 20s who climbed walls together, drunk beer beer together and decide now we're opening a business together and that's all the more thought they put into it it's a bad idea okay you're getting ready to destroy relationships of the five four of you aren't going to squat and I don't know which four it is but it's going to be awful horrible the only ship that won't sail wilson is a partnership okay okay number two number two you have and i don't mean this uh i don't want

this to sound uh disrespectful okay but the ability but i've run P&Ls on businesses. I run about 15 businesses inside this one, plus a couple other things I'm involved in. The chances of you getting a return on investment from individuals paying you to climb a rock wall of $200,000 is almost, there's no way this ROIs. Yeah. There's just no way this roi's yeah there's just no way and and so um i mean you that one you might overcome and i might be wrong on but the partnership you won't overcome and the fact that you're two hundred thousand dollars short and here's the problem you if you go borrow this money you're absolutely you'll borrow this isn't here's the thing two things are going to cause this business to fail three things borrowed money a partnership and a bad pro forma a bad business plan where the return on investment is not there the third one i might be off on but the other two

a hundred percent are going to doom this endeavor you ain't gonna make it i'm all about killing your nightmare here don't get into this you're gonna get in a nightmare now let's figure out another way to scratch the entrepreneurial itch uh you know finding someone that has a gym with rock walls and how can i go in with them become the promoter uh own a piece of the action with them that's a bit of a partnership but maybe we can have a joint venture here and you get out there and learn how to run the business in a gym of something as nuanced as rock climbing okay and get in there and get your get some chops man get get some uh some calluses, no pun intended, some mental calluses to figure out how this whole world works. Because you guys are standing back watching it, and it looks like to you looking in from the outside

that these guys with these $200,000 or $500,000 rock walls are making bank. I don't think they are. Yeah. I want you in the inside of the beast looking at the details. Yeah. Well, I appreciate it. Yeah. So what are you going to do?

I want, I mean, obviously, I was curious of what you thought. I mean, like the, to me, it's, it's similar to like opening up a regular gym and it's, it's like one of the fastest growing uh sports like in the country but i definitely hear what you're saying about you know you know what the failure rate on gyms is is it's pretty high yeah yeah look at y'all look into that and this is a nuanced piece of a gym yeah it's not a whole gym and so it's so it's an add-on to a gym. That's what it is. So you need to learn everything about the gym business.

It's like the restaurant business. It'll scare you to death. The failure rate is astronomical. It's one of the beauties of the CrossFit thing is they don't buy nothing. They just open up a place and you go in there and sweat. They don't have any equipment. They don't have any equipment. You're the equipment. That's one of the reasons that thing's working.

This is The Ramsey Show. Jade Walsh, our Ramsey personality, is my co-host today. Thank you for joining us, America. Open phones at 888-825-5225. Nicole is in Philadelphia. Hi, Nicole. Welcome to The Ramsey Show. Hi, Nicole. Welcome to The Ramsey Show. Hi, guys.

Thanks for having me. Sure. What's up? So my question today is how do I proceed in moving forward in the baby steps when my husband does not want to be involved whatsoever? Can I rephrase that and see if it's still correct? Sure. hmm how do i can i rephrase that and see if it's still correct sure how do i proceed in building wealth if my husband doesn't want to include me and talk about money

is that still correct yeah okay so it's not really getting to do with the baby steps is my point it's that you're trying to figure you're trying to figure out a way to move your life forward financially and he doesn't want to be involved yes why it seems to overwhelm them every time we talk about it our um you know we we've been married for seven years together why does it overwhelm him grown-up people do it all the time. I mean, I've tried to talk to him about it many times, but I don't understand why it overwhelms him. Do other things overwhelm him? Yes. Like what? Getting a job. He's currently home with our um two children right now full time is he depressed

um i don't know how to answer that um you know we've tried to go to therapy there was a big event that happened this year um for us that kind, hey, why don't you stay home with the kids for a little bit? Try to figure out where you want to work and what you want to do. And, you know, this is just kind of a symptom of what I'm not sure the bigger issue is. But you can't get them to go into counseling? No. Okay. Big event's pretty vague.

I don't want to put you on the spot, but it sounds like a guy that I learned a lot of this stuff from 30 years ago used to say money problems are not the problem, they're the symptom. Yes. And so him not wanting to be involved in this is one of many things he doesn't want to be involved in. And all of those, I don't want to be involved or I'm overwhelmed or whatever phrase we want to use is due to a problem. And those are all the symptoms.

Does that sound accurate? Yes, absolutely. Okay. So we can't solve the symptom until we solve the problem. So now your question changes to, how do I get my husband to address his issues? Because until he addresses those, he's not going to get a job. Until he addresses those, he's not going to feel robust and have a swagger to go enjoy life and take life by the horns until he addresses those. He's not going to feel ready to draw his sword, pull his gun, or whatever metaphor you want,

and attack the world alongside his wife to go build wealth and have a great future together. This guy's hiding because he's scared because stuff's happened, and he's feeling pretty broken right now am i missing something right no that's a very specific to conversations we've had we've talked at length and that was very close to a conversation we've had recently so i we're we're i mean dr john deloney is our guy that talks about relationships and emotional health. He has the Ph.D. in counseling. I have a Ph.D. in DUMB because I've done stupid stuff half my life and tried not to do the same stupid stuff over again,

so that makes me older and wise now. But I'm not qualified to help you with this. But all I can tell you is just as the old guy here, and you can speak to if Sam was this, if this was happening with Sharon or if this was happening with me, I can tell you is just as the old guy here um and you could speak to if sam was this uh if this was happening with sharon or if this was happening with me i can tell you what sharon would do because she's pretty freaking proactive um the um i mean we would create a different crisis to that that uh and define the crisis and say we're going to address this problem, whatever it is, and we're going to find a solution to it. And it sounds like that involves, if it's in my world, it's meeting

with a therapist, with a counselor, and getting very involved with your pastor at your local church and having a spiritual approach and a psychological, emotional, relational approach to getting to the bottom of whatever's going on so that he can have a wonderful, sustainable life going forward. Oh, and by the way, that's going to rub off on you. Does that sound right? It does. I'm going to start throwing grenades around there until we're in counseling

and sitting down with a pastor and in church. And we're not going to hide at home with the children and call that nurturing instead of addressing my crap. Is that too blunt? Is that mean? No, no, not at all. What's his reason? When you've said to him, hey, listen, you need to go to counseling, you need to go to therapy, what has been his reason for decline?

Not for him. So sitting at home with the kids and doing nothing and hiding and hurting is for him. Yeah, uh-uh, not okay with me. Yeah, I listen. So I want to deputize you to love him well enough to create a problem that's and that's you know dave that's what i've been trying to do i don't i don't know how to do that i mean i've been praying i've been well i've been praying and

that's good for months since you know for us since october and then it was funny because he sent he was the one who sent me something from you guys a reel on facebook and then it was funny because he sent he was the one who sent me something from you guys a reel on Facebook and I was like oh gosh like maybe I should start listening to these guys and I've been binging everything since the end of January and I've got I've gotten very intentional you know he's been on board with some things and thinking I'm crazy on others and I sold my car a couple weeks ago and wow um i i've got hundreds of stuff on mercari and selling a bunch of stuff but you're you're lonely you're lonely very proud but i'm alone you're lonely so yeah i'm sorry you guys are facing this um well i i um yeah i just

you you go to counseling if he won't and talk to the counselor about a proper way, because I'm not qualified to tell you, to draw him out and to create the crisis that leads him to healing. Because you're not going to lead him to healing. If you go fix all the financial stuff, it's not going to fix this. No, and I understand that. You're just going to be wealthy, dysfunctional people. Yes, I've been in counseling since October, too. And I understand that. You're just going to be wealthy, dysfunctional people. Yes. I've been in counseling since October, too. Okay, yeah.

Well, ask the counselor how to give you language and how to properly draw boundaries and timelines on your demanding as his wife, who loves him more than anything, that he start making progress in these areas. And it's not progress in the symptoms, it's progress in what's going on inside of him. Because these other areas aren't going to fix until that does. I've been doing this a long time and I've watched that. Yeah, definitely.

I mean, Sam and you, I know how you and Sam work. Listen, I'm holding my tongue a little bit because I'm not a doctor and I'm definitely not a counselor, but I can tell you what I would do. Well, what would you do? I'd make. You're a wife. I would make life more uncomfortable with him not changing. Yeah.

So that it's more comfortable for him to. It's like you have to like flip the script a little bit and be like, okay, you're not going to change. Life's about to get real uncomfortable. I'm not going to go over here and try to do life without you and be lonely. Yeah. And fix all the money stuff while you sit at home. Yeah.

There's ultimatums that come out. And judge my actions. Yeah. You twerp. Yeah. I mean, come on. Listen, mom will put out the ultimatum in a second. Hey, it's.

Is it right or wrong? I can't say, but it's worked for me. Yeah. You know, we're going to do that. This is not okay. You know, and it's clear and and it's not an act of anger no act of love well there's two people in the relationship and and she has as much uh validity to have happiness and have health in her life as he does and if he doesn't want to

contribute to that then she has choices that she can make. Yeah. That's all I'm saying. Ooh. Ooh. See, that's what would happen at my house, too. Oh, I can hear it now. Except it would be, choices, choices. It would sound like passive-aggressive Southern. Sharon is my girl. I already know that.

Man, I'm telling you. This is The Ramsey Show. Jade Walshaw Ramsey Personality is my co-host today. Best-selling author. I'm your host, Dave Ramsey. Thanks for joining us. We're so glad you're here. Hey, we appreciate all the word that you've been spreading out there.

We know you are because our numbers are up ridiculously on YouTube. Wow. I mean, bizarre how many downloads on YouTube we're having in a single day. The number of hours listened is the number of downloads over a billion and a half now. That's bizarre. Same thing on the podcast, over a billion. We were the first. We were number four podcast of all time to hit a billion downloads on Apple.

And some others have done it since then, but that's where we've been. You guys have been keeping us up in the top one, two, three, four, five on the podcast list and way up there on the YouTube stuff. And the talk radio numbers are, thank you, thank you, thank you, thank you, thank you. So continue the help spread the word click the follow or the subscribe button it makes a big difference if you do that thank you for doing that watch the show listen to the show however you do it click the share button if they have one or cut a link out and send it to somebody say hey listen to these crazy people they're helping people because we do we are helping people um and and people are entertaining too if you didn't know so just listen to this show if you don't

believe me and um the uh you know and of course leave a five-star review if you think anything nice to say don't say anything at all so jade you know talking about the trolls yes the newbies we had uh new people start at ramsey uh every other monday we have a new batch come in and the newbies, we had new people start at Ramsey every other Monday. We have a new batch come in, and the newbies, I always meet with them. Their first 10 minutes on the job, the CEO shows up. And so I go in, sit down, answer questions with them, talk to them. And one of the guys is like, how do you put up with the trolls? And I'm like, it's really easy. They're irrelevant.

They're irrelevant. The comments. What about the negative comments? They're irrelevant. Here's what I know. Here's the numbers. On Twitter, as it exists today they call it x um 10 percent of the members of twitter do 80 percent of the posts wait say that again 10 percent of the people that have a twitter account do 80 percent of the posts

on twitter wow oh wow and twitter is a sewer hole right now i mean it's just about all trolls do 80% of the posts on Twitter. Wow. Oh, wow. And Twitter is a sewer hole right now. I mean, it's just about all trolls. So that tells you how irrelevant the trolls are. And when I was a kid, we read a story about Billy Goat Gruff and the trolls. Yes. Yeah.

So, yeah, that's what, trolls was not something when I was a kid that you were proud to be called. You did not want to be called a troll. Now it's like a badge of honor for some of you people who don't have a job or something. But, you know, what we have figured out is you're statistically irrelevant. Yeah, it's kind of sad. I always.

How many times have you written a negative letter to somebody? Never, never. Or comment? Dave, you have to be, you have to have a lot of free time on your hands.ave you have to be you have to have a lot of free time on your hands and you have to have nothing better to do with your time and you have to feel so negatively about yourself self no no self-righteous or self-righteous but i think at the core of it is yeah the only time i ever wrote a letter i was 23 years old and i wrote a letter i was a brand new christian and there's nothing more pharisaical

than a brand new Christian, right? So I was a total Pharisee and I wrote a letter to the local movie theater because they were playing some movie that our church said was a bad church. You thought it was bad, yeah. It was bad for people. I just dressed the movie theater general manager up and down.

And years later, I found out how movie theaters are run. The general manager had absolutely nothing to do with whether the movie played or not i want to know what movie it was oh man it was well i mean it was 40 years ago so it had to be some kind of real deep blasphemy i don't know but yeah but that's the only time i've ever done it though i've never written i don't write uh hate mail i don't think i've ever i can't think of a time i just don't have time i'm too busy that's what i'm saying you're doing things who has time for this luke is in nashville hey luke how are you good how are you better than i deserve what's up uh thanks for taking my call um my question is my wife and i um make about 65 000 we have no debt we've saved up 20 percent

um and we're looking to buy our first house we're renting right now wow look at you how old are you guys uh i'm 27 she's 31 way to go luke thank you how much did you save up uh we have about 75 000 right now and you saved all that making 65k yeah we i've done pizza delivery on the side for a couple years now. Thank you. How long did it take? We were doing it before we were married, too, but between both of us, about four or five years. Way to go.

How can we help? You're doing great. Thank you so much. Basically, we're looking at our first house. Because we don't make a lot, it's scary to see this money go away into a down payment. So I guess we're just trying to make sure that this is a good investment where we are currently at in life, I guess. Awesome. Okay. So you're not using the money to live. Correct.

So there's no fear that your life is going to be affected negatively in terms of living because you're used to living on less than you make. Right. So you don't need the money for that. So that's not where the fear is. The fear is doing something you've never done before, a huge purchase. That's a good fear. That's wise. If that's where the fear is, what else would the fear be? Tell me. I don't know where it's coming from. I think because we don't make a lot of money, it's like a lot of hard work.

And whenever I kind of see that we have that much saved up it's like a great accomplishment so i think just seeing it dwindle down to like an emergency fund well it's not dwindling there you go that's what it is exactly take it yeah it's not dwindling you're you're you're investing it into a forced savings account that's what you're doing when you're buying a home it's an investment you're not spending it you're moving it from one investment to another. And it's still gaining. I mean, I think people are used to, Dave. It's going to gain more than it is now.

Exactly. People are used to investments being like in the stock market and compounding interest. But real estate is very similar to that. You're putting that money over there. The money is yours. It's in this forced savings account. And it's growing in equity month after month, year after year. So you're just switching it, like Dave said, from one savings vehicle to another savings vehicle.

So the area of town that you're thinking of buying in, in Nashville, what area of town? My wife works in Mount Juliet, but because that's kind of expensive, we're trying to go toward Lebanon because it's a little bit cheaper. Okay. And where did you grow up? I grew up in Pittsburgh, but, um, yeah, I work from home now, so I'm kind of flexible. Okay. Is she from the Nashville area? She's not either.

We're both new here. Okay. All right. Um, go to Ramsey solutions.com and pick out a realtor under the Ramsey Trusted Real Estate Agents, okay? Okay. Not a realtor, but a real estate agent, okay? And then when you're interviewing at in the Lebanon area, what it sold for in the year 2014 when you were 17.

Okay. And then what you're going to have to pay for it. Then you're going to see what an investment looks like. Oh, yeah. I've seen some of those before. It's mind-blowing. One lousy decade from now, how much money you will have made is going to blow your freaking mind.

You're going to love it. And the good news about moving this money into a home, for the most part, is it's harder to get at like we're going to teach you all the time hey don't take out a home equity line of credit don't borrow against your home we're going to tell you that all the time but there's something about it being tied up in your house where you're like okay it's over there it's safely growing as opposed to sitting in a savings account with no purpose behind it yeah i think i'm saying i think you rang the bell on doing savings and you said, hey, I just

accomplished a big goal. Now, when you put it on the house, ding, ding, ring it again. You accomplish goal number two, which is a step up from where you are. Your next goal is a better goal than your first goal. And so you get the sense of accomplishment. You move on because you can say 10 years from now, that house is going to be worth why i'm only paying x and oh my gosh the difference in x and y is how call is where people become wealthy people like you who learn how to control themselves at 27 years old you're amazing and by the way you're gonna make more money too you guys make 65 000 now but that's not the be all end all as the years go you to make more money too, so you don't have to be afraid like you thought you were. Man, I love it, Luke. I'm excited for you. For goodness sakes, go buy you a house. And if you're not a little bit scared

when you're doing brand new stuff that's big, you're a fool. So of course you're a little bit scared. First time you got behind a wheel of a car, I was scared to death. Now people drive with their knees, put their makeup on, they need a Big Mac. And text. This is the Ramsey Show. you