The Ramsey Show - App - Find Freedom from Debt and Worry (Hour 1)

Episode Date: October 11, 2018

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🎵 Live from the headquarters of Ramsey Solutions, it's the Dave Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. I'm Dave Ramsey, your host. Thank you for joining us. Open phones this hour at 888-825-5225. That's 888-825-5225. Joshua is with us from British Columbia. Hi, Joshua. How are you? Hey, Dave. Can you hear me?

Yes, sir. How can I help? Yeah, so I'll try and keep it straight to the point. I've been living in my car on and off for about two months. I was homeless for about two weeks as my car had broken down. And I'm just wondering, money has become one of my biggest stresses. And I'm just curious, what advice do you have so I'm never put in this situation again? Like, my family isn't financially stable to support me. We've always struggled with money. I'm currently working two restaurant jobs. One of them just cut my shifts, and the other one, I don't make a ton of tips as a server.

But I'm just wondering, I'm 23 years old. At this point in life, I don't really want to ever be in this situation because my physical health, spiritual health, mental health, it's all been going down since I lost my home. So I'm just wondering for some advice as far as what to do and how to prevent this from happening again. So you're single? Yeah. Okay.

And when did you leave your parents' home? Well, so I've been living, what happened is I've been on my own for about a year and a half. But I moved to B.C. and once I got to B.C. I was in a car accident. So my money that I had for a place went towards my vehicle, to fix my vehicle. And then it was right in the middle of summer and I wasn't able to secure work until shortly about maybe a month later I was living in a homeless shelter and now recently the homeless shelter I've extended my stay like it's been a month but um where is home yeah I parked by the ocean in my vehicle where do your parents live uh my mom lives about three hours away, but she has a boyfriend going through

cancer, so me being there isn't really... It's very tough, I guess. Tough. Living in your car is tough. Health issues, right? Yeah, living in your car is tough.

They don't have another bedroom? I mean, you don't take up much space. long as you actually live in an rv like a small rv oh so they're basically homeless too not quite there's this bike choice but yeah okay but yeah so i guess basically where does she live uh she lives in parksville i live in victoria so it's about a two-and-a-half, three-hour drive away from each other. Okay. Well, I mean, there's two aspects of this. There's the short-term aspect and the long-term aspect. The short-term aspect is getting you out of your car, getting you into some income,

and getting you into, you know, some basic shelter and getting your feet under you. That's aspect one. And then aspect two is what you're asking about, which is once you get that going, then what do we do from there to ensure that you're never back again? Okay? So I want to revisit part of the conversation because I'm trying to get into your brain and see how you made the decisions to do this. So you used the money that was going to be used for you to have a place to stay in an apartment to fix your car. So instead of being carless, you chose homeless. Well, so what had occurred was I was in Parksville, and Parksville is a very small town.

So I wasn't able to find work because it was in the summer, so everybody was already very overstaffed. So for me to find work, I had to have a vehicle to drive down to Victoria to be able to secure some work. I've been working in two restaurants at the moment. So in the event that I would have used the money to get a place, I wouldn't have had transportation to get to and from work, I guess. There's no buses that drive from a cheap bus ticket wouldn't have gotten you to the place you're going, you're living now. And so my emotional well-being wasn't really like where it was supposed to be. bus ticket wouldn't have gotten you to the place you're living now.

And so your emotional well-being wasn't really like where it was supposed to be, like after the car accident. I wasn't really emotionally stable after. So part of how you got here, I guess is my point, is not necessarily jobs or even financial. It's just bad decision-making. And I'm not trying to shame you with that. I'm just trying to say I want to analyze how you got here so we never get here again that's what i'm trying to do with you okay um yeah and so

what we've got to do is say okay when in doubt we have a place to live so um the second thing that keeps coming up is there's no jobs there's no jobs there's no jobs i don't know anything about british columbia in terms of jobs now i have two jobs right now yeah but they suck just as a server yeah yeah i mean you're not making any money and so i know that if you were in nashville what i would tell you to do is take your last 50 and go buy a leaf blower rich people are afraid of leaves you know i mean you can you can find so you can go create work right i mean i had a young man knock on our door with a pressure washer, and he's pressure washing driveways and paying for his tuition to go to college.

And so there's work to be done that pays a whole lot more than 10 hours a week as a server with bad tips in your situation. And so I've got to do something to create income here, and it's probably some kind of self-employed unpleasant thing that you do for a little while but that pays really good i mean for a short term i'll have you clean out septic tanks with a toothbrush if it pays good to get you some money okay because right now in the short term you need money right that's what we're doing and i've done all those kinds of things under the septic tank with toothbrush, but I've done everything else, okay?

You know, cut grass and hauled trash away and shoveled stuff, and I've done all that kind of stuff. And honestly, you can get people doing that kind of stuff for them to pay you better than you can make $6 an hour somewhere, you know? And so what happens is you're spending a lot of your effort trying to analyze the local job economy and get jobs that suck. And I'm trying to think of how we can get you working a lot. Like your car running? Yeah, my car is running. Can you deliver pizzas there? I think I'd probably make more money serving.

Like, I have one job. Oh, yeah. I mean, again, I don't know British Columbia, but everywhere else you deliver pizzas, if you'll do that like five, six, seven nights a week, you can make $2,000 a month, and we can get you in an apartment. Yeah, yeah. can get you in an apartment yeah yeah so what happened is i i'm looking at about anywhere from 1500 to 2500 of income by the end of this month i'm not too sure how much my rent should cost like okay then you need to go investigate that and get the cheapest possible place you can with six roommates splitting the six ways and create your own little hostel there.

Let's get off the street and then let's take another step up and then let's take another step up and then let's take another step up. But this is all about how fast and how much income you can create by just going crazy. I want you working like all the time. You ain't got anything else to do. And make some money.

And that's where I start you. Then I think you can begin to turn it around. You call me back if I can help you more, but that's what I'm hearing, listening to you. I think you've got potential, dude. This is the Dave Ramsey Show. Can you believe this real estate market? Home shopping has become so competitive. There's a ton of new buyers in the market, and bidding wars are the new normal.

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This is a paid advertisement. NMLS ID 1591. NMLSconsumeraccess.org. Equal housing lender. 761 Old Hickory Boulevard, Brentwood, Tennessee 37027. Thanks for being with us, America. This is the Dave Ramsey Show. We're glad you're here. You know, it's interesting and informative to all of us to stop and think about something.

Hope causes you to be able to move the needle, causes you to be able to move forward. When you think the light at the end of the tunnel is an oncoming train, you're paralyzed, you're stopped. You're overwhelmed. You're frozen. You get paralysis of the analysis. That's hopelessness. When you think at the light at the end of the tunnel is the way out of your trap, then you run to the light. But if the train is coming at you, you wouldn't run to that, obviously, right? And what's the difference in those two events? Both light, both a tunnel, both a situation. One is you believe that if you run to the light, you're going to get out.

One of you believe you run to the light, you're going to get killed, right? I mean, so that's hope and hopelessness. And all of us, me included, face that or have faced that at times in our lives. And it's amazing to me the power of our brain and our spirit that god gives us to do things that are way beyond what we thought we could do once we believe that they're possible that's called hope and so when i show you look you know you make a hundred thousand dollars a year you got thirty thousand dollars in debt you feel stuck but gosh if we did that at,000 a month, you're going to be out of debt. And my gosh, $1,000 a month out of $100,000 is nothing.

That's $12,000 a year. You're going to be out of debt in a little over two years. And you suddenly go, oh, I see it. Ding, ding. It's the same situation you were in, but now you can see it. You see what I'm talking about? And once you can see it, that's called hope. I can see it. You see what I'm talking about? And once you can see it, that's called hope. I can see my way out.

One of the things that steals your hope is when you have lost your perspective. And perspective is, of course, your point of view, the way you're seeing things. It's happened to me. It's happened to you. I remember one time one of my daughters, when she was in high school, a certain boy did not call at a certain time that he was supposed to call, and she was very upset. Like, the world is coming to an end!

And her mom and I are trying to quit laughing so we can walk in and comfort her. Now, why are we standing in the hall outside her bedroom laughing? And why is she in there hopeless? Well, we've got perspective. We see things that she doesn't see because we've been places she hasn't been and have experiences that she doesn't have, right? So, in other words, we've been to our 20-year class reunion. We know she'll be glad he didn't call.

That's what we're giggling about, standing in the hall, right? So we have perspective. And so, you know, when you don't have perspective, when you cannot see the other side, you're standing in poop up to your knees, but you can't see the other side of it, then, you know, it's not fertilizer at that point. It's just poop. But when you can see the other side of it, then it's fertilizer.

And it's going to grow some things in your future. You know, when you're walking through garbage, in other words, you're going to, there's some good is going to come out of the garbage that you're in. But when it gets right down on you and your vision is just the end of your nose and not the end of your life, when you look out 10 years, you see stuff different than when you look out 10 seconds. And the young man I was just talking to and folks that I've dealt with in homeless situations, that's one of the problems is the desperation just to eat and not be cold causes you to have 10 second increments of thought instead of

10 year increments of thought. See, I can stand back from that sitting here warm and with a full belly in my studio several thousand miles away and look at him and go, dude, just go work more. But he couldn't see that. Y'all can't hear that. He wasn't getting it. It's like, go, go, go deliver pizzas.

Go blow leaves. Go walk dogs. Go shovel something somewhere. You know, go do something. Go, you know, work all the time because as soon as you do that, money comes from work. That's where it comes from. And I can't get enough hours. Well, then work someplace else.

Work more. Work all the time. But because I've done that kind of stuff and I'm the other side of it and I've seen what it does. I mean, when we were going broke, I had two little babies and wife. The house is in foreclosure. We're that close to homeless ourselves. So how we get out of it? Worked our butt off.

And, well, you know, you can't work your way out of everything. I didn't work my way out. I went bankrupt. But I didn't lose the house. And if I had lost the house, I'd have found someplace to live and I'd have worked my way into an apartment and we'd have lived in that. Well, you know, and it's not that I'm better. It's not that I'm better it's not that i'm smarter only thing is just perspective it's like i didn't grow up rich but i had a friend that grew

up rich and because he grew up in a wealthy home he had the perception that everything was going to work out because it had always worked out and i had the perspective that it ain't gonna work out it's gonna be awful and but because he thought everything was always gonna work out you know what it all worked out a lot and because i didn't think it was gonna work out sometimes it didn't work out you set you set yourself in these tracks and these ruts with this thing. But when you can see the other side of it, it's easy to work through it. It's when you can't see the other side of it that you don't want to work through it because you don't believe it's going to work. That's called hopelessness.

The situation is exactly the same. The only difference is your perspective. And so I'm challenging some of you right now to think you're stuck. You think you're stuck in a career? You think you're stuck in this marriage that's bad? It's always going to be that way? You think you're stuck with whatever behavior you're stuck with? You think you're stuck with your money?

You think you're stuck in debt? You're not stuck. You're not stuck. Life is not a snapshot. It's a film strip. You're going to turn the page, and something else is going to happen better or worse tomorrow. It is not going to stay the same. You are not stuck.

So look the other side of it. Look out there five years. Look out there three years. Look out there ten months and say, what have I got to do? What's got to be true that's not true right now for me to never be here again that's the question he was asking but he was having trouble emotionally buying it and i don't think i helped him it's kind of bothering me that's why i want to talk about it a minute i'm not sure he heard me but if i woke up in his shoes tomorrow if you took my wallet away with what everything i have

been through i had no identity no i you know my driver's license was gone i didn't have a car and you just dumped me on the street i wouldn't be there long because i don't believe that about me in my future and i know if i do this this and this that'll be out. And I would work my way right out of it. I don't know how long it would take, but I would get there. I'd push my way through it. And I haven't always been that way. There's been times that I was so scared and so beat up and so hopeless that I couldn't breathe and I couldn't see.

What I'm talking about here is vision, sight. That gives you hope. When you lose your sight, when you can't see the other side of it, then there's no, you know, it's hard to take action. It's hard to fix it. And the problem is there's not a magic wand. There is a series of things you've got to do, a series of steps you've got to take to become unstuck. Wherever it is you are stuck, wherever it is I'm stuck. I think that guy's going to be okay.

I really do. I think he's going to be better off than he thinks he's going to be. I think it's going to work out. Great book to read if you want to read it called Pizza Tiger. The guy that started Domino's Pizza, Monaghan. Came out of the Army, made some bad mistakes, and ended up living in a homeless shelter. And then he ends up owning Domino's Pizza at the end of the story.

So it's going to be all right. You know, it can be. You can choose for it to be all right. It can be. You can choose for it to be all right. And it's not magic and it's not positive thinking and it's not easy. It's hard. But it's perception. And it's one of the reasons I read biographies of successful people is it lets me know that they went through crap and they made it. And then if I'm going through crap, I'm going to make it.

And that's where you are. That's where I have been and am sometimes. It's going to be okay. It's going to turn out okay. This is the Dave Ramsey Show. One question I get asked all the time is, do I need life insurance? Listen, the whole point of life insurance is to replace your income for someone who counts on you. So if you have a spouse or you have kids, yes, you need term life insurance. It's the only way to protect them until you're out of debt and have built up your wealth.

You're only digging a deeper hole if you waste money on cash value plans since it robs you of the ability to make real progress. And that's why I send you to Zander Insurance, and I have for 20 years. That's where I get all my insurance, and they only offer the plans I recommend. It is not expensive. It's not complicated. And Zander will be there as your guide every step of the way. Visit Zander.com or call 800-356-4282. You need to get this taken care of. I can give you the advice and I can tell you where to go,

but it's really up to you to take that important step to get your family protected. That's Zander.com or 800-356-4282. In the lobby of Ramsey Solutions, Ted and Camille are with us. Hey, guys, how are you? We're great. Welcome, welcome. Where do you guys live? Cedar Rapids, Iowa. Well, that's a bit of a haul.

Yes, it is. Wow. Welcome to Nashville. And all the way here to do your debt-free scream. Yeah. Very cool. How much have you paid off? That was $58,000 in two years.

Good for you. And your range of income during that time? $90,000 to $150,000 in two years. Good for you. And your range of income during that time? 90 to 150. Cool. Big jump in income in two years. What happened to your income? We went to work. Yeah, I picked up another job and had worked crazy overtime.

Lots of overtime. Lots of OT. What do you all do for a living? I'm an occupational therapist at a skilled nursing facility. Okay. So I have a sales and tech support position at GoDaddy. Okay. And lots and lots of overtime availability is what I'm trying to say. Yeah, absolutely.

Okay, very cool. What kind of debt was the $58,000? Student loans. Oh, student loans. Every bit of it was Ugly Sally. Yeah. Oh, Ugly Sally. Oh, ugly Sally. Oh, my gosh.

Kick her out in the street. I love it. Good for you. So how long have you been out of school? Eight years. Uh-huh. Yeah. And so what happened all of a sudden?

Because like two years ago, something happened. Well, I started looking at my kids, and I was like, well, maybe we should start saving for them and stop paying for mine. Oh, it was yours? It was all yours? Well, it was both of ours. Okay. All right. It really started about 148 years ago, and we were whittling it down, but we were just sick and tired of it and wanted to follow your plan.

We followed it kind of halfway more than Dave-ish plan leading up to that. But at two years, we refinanced the house, 15 year, followed it step by step, and we got to work. What happened? What was the conversation or the thing that happened that moved you from ish to really doing it?

I think I started to see the light at the end of the tunnel. I felt like it was doable versus just something that we could never accomplish okay which that'll keep you intense i mean you can run a half marathon or a marathon and then still sprint to the finish with that last hundred yards you still got a little gas in your tank and so seeing the finish can cause you to get intense right absolutely yes okay and that's kind of what happened then so what is the secret to getting out of debt what do you tell people when they say you paid off all your debt

when you say you paid off your debts and they say how'd you do that well i say we first started to start to budget together and really get both parties involved all in i was a little bit more passive early on and then i started to really look at the numbers and then we got really focused. So we used every dollar and we were just all in. Yeah, when she went and got her second job, started working that and then I was like, well, I can't let her do that on her own.

So then I started working as much overtime as possible as well. And she got involved in the budgeting, huh? Yep. So I'm the spender and definitely if the nerd gets involved heavily, it definitely goes a lot further. Yeah, if the saver gets involved. Well, and both of you work on it. There's just accountability.

Absolutely. That was the other thing I was going to say is keeping each other accountable. Yeah. We also made like a vision board, and so we had like chains so we really got the the kiddos involved we would we would take links off our chains to have have them involved and they loved it okay cool cool so how'd you guys get connected to us my dad my dad absolutely he's a big fan yeah so so when you kicked it into gear two years ago, he was your cheerleader? Absolutely. Yep.

And my mom. And we got books. We were reading. We were on fire. Our church did financial peace. We went there. Went through it twice. Oh, wow.

Yep. So just keep involved. I think the other thing was we listened to you on podcasts, on YouTube, live, enough that our kids learned your phone number before they learned ours. Okay. Well, they can call anytime. They might. That's fun.

I love it. And then we had goals, too, I would say. One of Ted's dreams was to get a dog, and I am not a dog person, so at the very end we got a dog, and we just happened to name him Ramsey. Uh-oh. What kind of dog is Ramsey? He's a border collie. Oh, all right. They're pretty smart. Yeah. person so at the very end we got a dog and we just happened to name him ramsey uh-oh what kind of dog is ramsey he's a border collie all right they're pretty smart yeah rocket scientists of dogs yeah they heard things around that's good yeah i could i could go with that that's good oh my gosh you guys went crazy you named the dog ramsey gosh. Yes, we're yelling your name around all the time at our house.

Oh, man. Yeah, you got to be careful what you name a pet. We named one Heaven because the one before her went to Heaven. And so I'm out in the front yard yelling, Heaven! The neighbors think I've lost my mind, right? Ramsey's out there praying at the top of his lungs. He's a Pentecostal or something. I mean, my guy is crazy, right?

That's fun. Well, good for you guys. Well done. We got a copy of Chris Hogan's book for you, Retire Inspired. And that's the next chapter in your story for you to be millionaires. You're on your way. You make great money. You got great occupations.

You got lots of things you can do now. And you brought the kiddos with you all the way from Cedar Rapids. What are their names and ages? So we have Hayden. He's 11. We haveden. He's 11. We have Eli. He's 8. Will is 6.

And Odin is 2. I saw Eli when I was walking in a while ago with his T-shirt. Pretend I'm a gazelle. There it is. All right. Go for it. Fun stuff. Good.

Have they been practicing their dead free screams? The whole drive. Yes. Oh, my gosh. That's a long drive. That's a lot of dead free screams. Oh, my gosh. So they ought to be good at it then. I think so. We're practiced up. Yes. Oh, my gosh. That's a long drive. That's a lot of dead free screams. Oh, my gosh. So they ought to be good at it then.

I think so. We're practiced up. We're schooled up here. All right. Here we go. Ted and Camille, Hayden, Eli, Willa, and Odin. $58,000 paid off in two years. Make it 90 to 150.

Lots of OT and extra jobs to get her done. Count it down. Let's hear a debt-free scream. Ready? Three, two, one. We're debt-free! I love it! I'm proud of you guys.

Very well done. Very well done. Very well done. Excellent. That's as good as it gets. That's the sound of a family tree changing. Did you hear it? Four young people traveling with their parents, kids, all the way from Cedar Rapids to mark this moment that their family tree changed.

You need to mark stuff. You need to have milestones that you mark things in your life, reset things. Yeah, that family tree just changed. It had already changed, but they marked it today. Very well done. Edward is in New York City. Hi, Edward. How are you?

Hi. How's it going? Better than I deserve. What's up? So, I just wanted to, I'll try to summarize it. I just had a big change in my life. I found

out my girlfriend was pregnant, which was pretty exciting. And then a couple months after that, I found out that it's twins. Okay. So it went from pretty exciting to now I'm kind of scared. Terrified. Yes.

Okay. Yeah. I have a car loan that's got me worried. I have two years left on the financing plan. I just wanted to figure out if I should get rid of the car or if I could hunker down and budget a bit better. What do you owe on it total? I owe $17,000. And what is your household income?

I am currently with both my jobs making $63,000 to $65,000. Both jobs are hourly, and my girlfriend is around 25. Okay. All right. Cool. When are you all getting married? Once we get the debt down a bit more, because she's got a ton in student loans. You have twins. I don't know why debt matters. You're already doing everything married people do except being married. And so, yeah, I would encourage you to do that because it's going to stabilize everything legally and relationally and allow you guys to focus on this.

I think you can keep the car. You can work it through and get it paid down, especially if it works for twins. It's a good solid vehicle. And if that's your only debt, you can plow your way through this. I'm going to encourage you to get married immediately. You don't have to have a, you know, get out of debt thing. You have babies. It's like, you know, this is an important thing.

And so let's stabilize this household. Let's get things moving in the right direction. And let's get these debts paid off as soon as possible is this car paid off so good question sir thank you for calling in this is the dave ramsey show Thank you for joining us. If you are great at marketing and you're on board with our mission to give people hope, come check out some of the opportunities that we have open. Some of our key roles that we're hiring include email specialist to join our email marketing team, a top flight marketer to join our stewardship team, and an SEO guru or two. Some people, if you know SEO, we're really. We've got several hundred jobs that we are filling in the next year and a half or two years.

And we need some help to get all this work done. That's what it comes down to. And we win Best Place to Work 10 years. We've won Best Place to Work in Nashville. So click the Dave's Hiring tab on the right-hand side of the homepage. Click Dave's Hiring on the right-hand side of the homepage of DaveRamsey.com, and you can find the jobs, and whether they're tech or whether they're sales, or in this case, whether they're digital marketing, well, we need your help. Stephanie is with us in Evansville, Indiana. Hi, Stephanie.

Welcome to the Dave Ramsey Show. Hi, Dave. Thank you so much for taking my call. Sure. Who's up? What's up? How can I help? I've been reading your book, The Total Money Makeover, and I was wondering how can I springboard into my debt snowball when at the end of the month I only have like $100 left over? Okay. And so you're doing your budget? Yes. Okay. And are you trying to put money in every category in the budget? Just basic bills. We even cut our grocery bill back to about $25 a month, and that's how we scraped up the $100, or $25 a week, not a month. Okay.

Ramen noodles, rice, and beans. Gotcha. So what's your household income? Between $30,000 and $40,000 a year. My husband's in the National Guard, and so when he gets to go to Guard duty, we make about an extra $1,000 a month. But when he's home, he works for my parents full-time, and he makes about $30,000 a year. What does he do for a living? He's a butcher.

Mm-hmm. Okay. So what's he want to be doing 10 years or 20 years from now that makes him a lot more money? Because y'all are starving to death. I've talked to him about it, and he's like, oh, I don't really have a lot of dreams. It would just be nice to have more money. They're kind of connected. He's always worked really hard we got married when he was 18 and he worked about 60 hours a week then um to support us and he's just a hard worker and he'd do anything for me okay um i wasn't questioning how hard he

works i was questioning he doesn't make any money. You see the difference? Yes. I work real hard, too. You do? Yeah, a lot. Like this week already, 60 hours, and it's Wednesday. So, or Thursday or whatever day it is.

I've even forgotten what day it is. There we go. So, anyway. But I don't always do that every week. But, you know, you've got to look at things and say, for the labor I'm putting out and the time I have away from my family and the stress and the strain on my body and my mind and my emotions, what am I getting paid? And the answer is not much.

And that's part of what you all are facing is your income challenge. Yeah. Is that right? Yes. Okay. And so why does that bring tears i feel like we've just been we've had such a struggle for so long and you know like i try to be we try to be financially responsible you know like we we've never been frivolous spenders yeah i don't think you're i don't think you're irresponsible

i think you're making really't think you're irresponsible. I think you're doing really good because you don't have any money. I feel like at this point I had hoped to be a little bit more ahead than still paycheck to paycheck. Yeah, yeah. But there's two parts of the equation, right? The income side and the outgo side. And have you noticed I didn't even ask you about the outgo side in your case? Yeah. And that's because I think you're probably doing pretty good there we really are we should have baby step number two done in about six months yeah i think you're

stretching i think you're stretching the few dollars that you have really well so i think you're i think you're very responsible people i don't think you're overspending i don't think you're crazy i don't think you're spoiled brats. I don't think you're crazy. I don't think you're spoiled brats. And I think he's a hard worker. It means so much to hear you say that. Yeah. Well, I think you've got all that stuff going for you, and that's why I want you to win better than you're winning.

And so I really think you guys put the kids to bed at night, turn off television, light a candle or two, and just sit on the back porch and talk and say, what are we going to do to make some more more money um it's not because money's everything it's because when you are you know doing the best you can do with the dollars you have and they're not stretching then we've got to look at something what are we going to do to create some additional income short term short term and long term well that's what we did that last month and i actually got a job at a local library, but after I pay for child care, I only bring home about $30 to $40 a day. Okay, so that's not the answer then, right?

So we've got to have a better income coming in to afford child care if you're going to be working, and he's got to have a game plan. And I don't know whether he opens his own butcher shop or whether he becomes the most famous butcher in the world doing it on TV. I don't care what he does. I'm not saying you cannot be a butcher, but you can't be a butcher there 10 years from now and be anywhere but where you are right now. Does that make sense? Yeah. And so, you know, what are we going to do with this skill or this thing? Or did he just fall into this because your parents were doing it?

That's kind of exactly what happened. Yeah. Let's just kind of take the whiteboard out and start over. Erase our life on the whiteboard for a second and say, gosh, if we could do anything we wanted to do, what would we do? Yeah. And then let's go about doing that. Now, you don't have to quit today and walk in and throw you know throw your knife down and walk out that's not what i'm

saying but i am saying we need a plan that takes us somewhere where we say okay this month i got 100 bucks left over but it's not always going to be this way but it is always going to be that way if you don't change something agreed agreed okay i Agreed. Okay. I think you guys can do it. You're good people. This is not a character issue. It's not a lack of effort issue. And it's not an immaturity thing. You guys just simply mathematically, it's income minus outgoing.

There's not much income. Yeah. That's all it is. That's all it is. So then what, how do we go about bringing this up with my parents then you know like it would really be when he's gone to drill they always talk about how inconvenient it is for them and it's so hard on my dad because he's got heart problems and he has to take over all of the work because it's a very very small operation

okay so let's kind of think about this for a second. This is not working for your dad because it's not working for, it's not working for you. Yeah. So this whole thing ain't working, but I don't know how, I mean, the way I bring it up is we love y'all and we'd love to help you, but we're starving to death over here and we're not going to continue to do this anymore and you don't have to do it today but you know you can say you know my husband's going to we're taking classes and he's going to be a an x or a y or a z two years from now and that's what he's going to start doing because that's really his dream because here's the thing somebody is going to make some decisions to shut some stuff down or you're going to be sitting exactly where you sit okay and i

you know but you know you cannot be in this thing of oh we have to starve to death because that's the only way my parents have a good life well that that's not that's not logical that doesn't make sense right yeah you're right and the truth is your dad if he's got a heart problem and your husband's not there he probably needs to sell this or close it right yeah and and so we need to start thinking about that or does it make enough to support you guys if your dad was out of the picture? Does he need to go home? Well, it's theirs. And so it's not like we divide the money equally because we're not at all part of the owners of it. I know. But the owner cannot operate it without this particular employee is what you said.

Yeah. Oh, well, I guess they need a new employee or they need to talk about selling it to you or giving it to you or something i don't know y'all can talk about there's a lot of different ways out of this mess but continuing to do the same thing is not a way out of the mess and um so chance something's got to change it doesn't have to change today and it doesn't have to change jerky-jerky, and nobody has to be mad and throw a weight around or say anything unkind. But we just have to lay, say, you know, five years from now,

we're going to be doing something different. Ten years from now, we're going to be doing something different, and we're going to make more money. Because y'all are starving to death, kiddo. That's where all these tears are coming from, is the stress. Now, I think your dad's a good people, too, and I think he'll actually understand More than you think you will This is the Dave Ramsey Show

Hey guys, it's Blake Thompson Chief Production Officer for the Dave Ramsey Show This hour's up, but you'll find more On our YouTube channel, where we have over 6 million YouTube views each month. You can find debt-free screams, millionaire hour clips, Dave rants, and so much more. Go check it out.