The Ramsey Show - App - Get on a Plan and Get in Control of You Money! (Hour 2)

Episode Date: August 3, 2023

Dave Ramsey & Jade Warshaw answer your questions and discuss:   EveryDollar, budget for the life you want today for free: Click Here "Is it worth it to move closer to work?" "What's the best way to save for kid's education if I'm not sure they will go to college?" "What taxes should I expect when paying off debt?" Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Enter The Ramsey Cash Giveaway for a chance to win $3,000! https://bit.ly/TRSCashGiveaway Want a plan for your money? Find out where to start: Click Here Listen to all The Ramsey Network podcasts: Click Here Interested in advertising on The Ramsey Show? Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Live from the headquarters of Ramsey Solutions, broadcasting from the pods, moving, and storage studios, it's The Ramsey Show, where we help people build wealth, do work that they love, and create actual amazing relationships. Jade Walsh, our Ramsey Personality, is my co-host today as we answer your questions about your life and your money. Open phones about 888-825-5225. New Orleans is calling. Brittany is with us.

Hi, Brittany, how are you? Good, how are you, Dave? Thank you guys so much for taking my call. Our pleasure. How can we help? All right. So I'm on baby step two currently, but I'm looking to move closer to my job. I currently have about an hour and 30 to two hour round trip daily that I take. Good Lord. Moving closer will put me at about a 30 minute commute daily. But the kicker is currently I'm only paying 800 for rent but i do spend about

600 on gas every month moving i would go up 700 in rent but i would probably cut my expense on gas to 300 i currently make about 10 to 12k a month but i have about 50000 left in debt to pay. So I'm trying to decide on what's the best step. I am a school social worker, but I do have two other jobs that I'm working right now to kind of get out of it, except to a little quicker. So if I did that math right real quick, it's a $450 swing that you would lose by going 30 minutes closer or by getting it down to 30 minutes

yes out of and you're making 10 to 12 000 a month yes doing what it's not social work what are you doing so i do social work i also am working at fedex currently, part-time in the mornings. I do counseling in the afternoons as well, and I do have disability that I get from the military. So all in total, about $10,000 to $12,000. Okay. Thank you for your service. Which one of those is the big number? I would say the big number is my disability.

Oh, really? Okay, good. How much is that? About $3,900 a month. Okay, so you're getting like three or four checks for three grand, four grand. Okay. Good. Yeah.

All right. Yes, I'm moving closer. Yeah. Probably not where you think you're moving. Yeah. probably not where you think you're moving yeah uh i you know here so i i think there's a third option uh c which is move closer for rent that's about the same i don't think you want to go over there or out that far in the country or whatever that is. And I don't want you to be in a situation that's unsafe. I'm not suggesting that. So where are you commuting?

What's the big commute, the counseling? No, it would be the social work, right? Yes. So I do school social work. So actually the social work and the FedEx job are in the same area. And I do the counseling telehealth. So I can do it from anywhere. Good.

Good call. Okay. Thanks for the clarification. That's good. So anyway, what I'm going to suggest is you keep looking. Because I think you have a valid point, but I also think you can do it cheaper than what you found in the area you need to be in your rent would go from eight hundred dollars to fifteen hundred a month yes yeah so

what area are you in now um i currently stay in a small town um tibidore louisiana yeah work yeah i work in desterhan you work in what yeah in Destrehan. You work in what? Yeah, in Destrehan. Oh yeah, okay, all right. How much debt do you have? You said you're in Baby Step 2. How much do you have? Yes, I have about 50k. Okay, I missed that. Okay. So all I'm, yes, you need to do something, okay? I wouldn't commute an hour and a half in the New Orleans market. That's not a normal commute in that market. It might be in L.A., but it's not in New Orleans, okay? So I commute 12 minutes, so I'm not going to do this, okay, period.

I'm going to suggest you do something that direction, but I'm also going to suggest that you shop more and find something closer to 1,000, which makes this make a lot more sense. So what I'm challenging actually more than the idea of moving is the idea that you have to move to that particular place, that particular thing. So I want you to go find a rich old lady in Bethlehem that has a garage out back with an apartment over it

that a friend at the church tells you about that's never been on the market for rent, and you go out there and you rent from her for $800. I want you to find the weird thing like that instead of just walking up to the shiny apartment complex that has a management team out of Atlanta. Yeah. You know, I want you to go get the weird thing

that is perfectly safe and perfectly clean, no roaches, no mold. I'm not suggesting this stuff, okay? But what you can find is, I mean, you can go to the richest end of town and find a garage apartment if you know where to look and know who to talk to, and someone believes you're a good person

to have in the corner. And I don't know maybe you offer to do something for the rich old lady to take care of her in the process or you talk to her relatives and they put you in there in your house sit i don't care but let's get a little more creative and get this rent down yeah i mean you make 10 10 to 12 000 a month like killing it you're killing it i'm trying to works all the time yeah and you're not going to do that probably forever but it's just you right you can live on hardly any anything yeah it doesn't take much space for you because you're never there in in a normal life the 1500 wouldn't be that bad it's just well i'm more i don't even mind the 1500 in

this case yeah but what i'm trying to challenge is this idea that uh we always propose these two things and neither one of them are good high rent and it's close right or low rent and it's far how about low rent and it's close let's look for that one that's all i'm saying we immediately we immediately think if i lose my job that i'm going to get a job that pays less why not lose my job take the severance pay and get a job that pays more and keep the severance pay and call it a signing bonus why Why not think about how glass half full? There's always a different way. That's the critical thinking I'm always trying to push on. That's what I'm doing here. That's a good word. So you're awesome. I like you. I think you're going to do great. I'm proud of you, Brittany. You're attacking this. You work like a maniac, and you're going to clean

up your debt. It's going to be done in no time at the way you're going but just rent find something that that you can write about when you write your story someday that i found this cool situation like i was telling that guy while ago about that car you know i mean that kind of stuff yeah so yeah you got to have something like that in in the mix um and here's the thing the thing when you buy a car when you commute when you uh rent it's very seldom for long that's true that is very true we act like we're doing this for 20 years now in her case it's going to be you know it's just a hand it's just a spit yeah it's just spit it's not it's not very long and so in the scope of your life, a year, two years, 18 months, whatever it is, you can do anything for three months. Yeah.

I mean, you know. That is so true. And she's got more than three months to go. But I mean, we act like these decisions are so permanent. But yeah, there's no way I'm commuting an hour and a half. I'm moving. Oh, that's terrible. That's torture.

Two hours? No, thank you. Even if you listen to The Ramsey Show the entire time, I still wouldn't do it. This is The Ramsey Show. Jade Walsh, our Ramsey personality, is my co-host today. Open phone's at 888-825-5225. Everybody's talking about student loans.

Yes, they are. And since the government isn't going to forgive them, which we knew, no one is shocked. That thinks clearly. It's not a spoiler alert? No, no. Wasn't going to happen. Been saying it wasn't

gonna happen everybody's mad at me because i said it wouldn't happen and then i'm right they're mad at me because i was right so there you go so get over it you're gonna have to pay your student loans here's how it works now but we'll help you with that that's the point that's been the point from the start yes we're not gonna pay them for you we're not going to forgive them but we're actually going to do what we've done for millions of people and show you exactly how to get out of the student loan debt. It's starting in October. You need to get your freaking act together.

That's right. This train is coming. Get off the track. Hello. Okay. Get out of the truck. Let it hit the truck, but don't stay in the truck. Whatever.

Get away from the train. The good news is for almost all you, I'm going to help you find not only the money you need to make that payment, but more. Yep. It's called a budget. Called a budget. And we do it with every dollar. And Jade and Sam did it.

They paid $465,000 in debt. $200,000 plus of that was student loan debt. Yes! So she actually did it. You can't argue with somebody who did it that's how it works right and i used every dollar when it the year that it came out dave yeah and it was clunkier it was clunky and we made it work it's robust and sophisticated yes now it has all of the the tools and the trinkets and the things that I wished I had back then. Now you get to use them. And the good news is I am doing a webinar, Dave. Yep, you are. This is an hour and a half of your

time on your lunch break. It's free. So it's free. You bring your lean cuisine, you bring your sub sandwich and you sit and I will help you figure out where that margin is in your budget, what you've been missing, why it didn't work before, and I will help you get out where that margin is in your budget, what you've been missing, why it didn't work before, and I will help you get it working now. So not only will we find your student loan payment, because by the way, most people find about $332. In the first time they do a budget. The first time, yes. By the time they do a budget for several months, they find more than that.

Yeah, because you get sleek. You start getting... They cut their expenses by 9% on average. You know what the inflation rate was last year yeah nine percent there you go ding ding we just found it we found nine percent lost in your budget yes and it's free did we mention that it's free that's that's an important part there's no excuse i'll tell you something we didn't mention is we mentioned this yesterday and the stinking thing's almost full yes it is so it does fill up because the technology only allows us to put so many people in the webinar

yes so if you want to be in the webinar go to every dollar.com slash budgeting that's right sign and sign up it's going to be august 9th which would be like a week from today yeah i think it's a wednesday yep yep week from wait no yesterday's wednesday Today's Thursday. I'm so lost. Yes, me too. Well, and I don't know when you're listening to it on podcast anyway. That's true. So just ignore all of that. But anyway. Yeah.

So it's about a week, not less than a week away. And it's completely free. Everydollar.com slash budgeting. Jay, a limited number of seats. Yes. And they are not gone, but they're almost gone. And it's free. And I'll be teaching you, but you'll be able to ask questions.

I'll be able to hear from you. This is a it's not just me yakking although i can i can yeah you could fill it up but you don't need to that's not what we're doing yeah and the and by the way that one of the topics is going to be how to deal with an irregular unpredictable income so you're on commission you're self-employed your hours are irregular i can't do a budget yes you can we can show you how we actually have a tool inside of EveryDollar called Paycheck Planning that allows you to do it. So good. And they've got the financial roadmap in there that shows you how to walk right up the baby

steps while you're doing your EveryDollar budget. I mean, this thing is good. Yeah. And it's, by the way, did we mention the ridiculous price? It's free. Free 99. That's what I'm talking about. Free 99. That's funny all right

julie's in pennsylvania hi julie welcome to the ramsey show hi dave and jade how are you better than we deserve what's up um my husband and i are currently working through the baby steps but in talking about it we have a couple questions. The first one would be for step number five on saving for your children's college fund. Is there a recommendation that you would have maybe of another way to save for them that wouldn't be specifically earmarked for college in case they decide for some reason not to go to college? No, I would first save in the 529 for college. I would, if you're, as as they age as the kids grow up if you're feeling more and more that they're going to go where they do no after after high school education which by

the way is highly unrecommended you don't have to go to college to use the 529 you can go to trade school okay and that money converts further you can go to code school and use it to become a programmer okay it doesn't have to be a four-year institution and leaving high school and going to college is not for everyone and certainly going to college and studying you know german polka history is stupid don't do that right but but going so everybody shouldn't go to college you know carte blanche no matter what but everyone should continue to gather knowledge right everyone if you don't continue to gather knowledge you're going to end up broke your whole life so you need to be a lifetime learner we do teach our children knowledge is a currency

that will cause your life to win not degrees and not uh snotty famous institutions it doesn't matter where you go or that you got a sheepskin what matters is do you know something that you didn't know yesterday so the number of books i have read since i graduated from college 40 years ago is astronomical you know so that's where i want you i want i want them in that mode but all that to say they can get certifications they can get trade trade schools they can do all kinds of things so i'm going to start saving now if you get a hundred thousand bucks in a kid's name and this kid is going to be a welder uh you know you you probably need to stop saving at that point but right now

you've got nothing how many kids do you have right i have two yeah the other thing is is the siblings can use it yeah siblings can use it some of the siblings can use it. Some of the 529s, even adults. The law says spouses can use them. Yeah. Not spouses. I'm sorry. Parents. You can use them.

Their kids can use it. Yep. Or it can. You can use it. It's not true. And even if you did take it out, you're just going to pay a penalty on the growth. That's right. That's all.

You don't actually lose money. And they can convert to their retirement down the line, yep it can become a roth ira it takes forever yeah it does but the point is there's nothing's lost nothing's wasted yeah yeah and and and let me tell you it's a good it's a really good question you're asking okay because a it gives us the ability to clarify here's the other thing that happened with my kids we didn't have 529s when when the Ramsey kids were growing up. Okay. There's no such thing then.

So we were just saving in a mutual fund in their name. That's called a Unified Gift to Minors Act. Okay. Yeah. And we just say, and you could do that if you want, because the money's at least going to be taxed at their rate, which is zero until they get up to $10,000 in gains. So it's largely zero but anyway having that fund even if our kids didn't go to college gave us the opportunity to continually as parents talk about hey here's your college fund hey here's

your college fund hey this is your college fund hey we're putting money in your college fund hey come over i want to show you how to calculate how much is in your college fund share price times number of shares and this is how much is in your college fund and what was i doing there yes i was brainwashing them to go to college okay that's true but but in addition to that or instead of that if you wanted to say this is your education fund that's good dave because education matters what we're doing is we're we're part of the rhythm of the Ramsey kitchen table was ever so often you would hear from your parents that learning matters because we're saving for it we're investing in your future because learning matters because knowledge matters and you do want that that's another benefit of having the 529 is to keep

talking about it but yeah don't over save if you think you've got a kid. But if you've got two doctors or two lawyers, you really can't save enough. But if you've got a welder and a coder, you can stop at some point because you're not going to need as much as you'd need to go through med school. They may make more, but they're not going to spend as much to get the degree true that true that man that's a good conversation it is and uh you know we've had so much discussion with ken coleman mike rowe about the trades trades are uh they're on the comeback thank goodness yeah yes that's what much needed one thing's made america great yeah we know how to build stuff you know that's right and uh we know how to build stuff, you know? That's right. We know how to think positively

about people that build stuff. And they don't all have to come from somewhere else. It can just be from across the street. There's great pride in being a craftsman. Or there should be. This is The Ramsey Show. Jade Warshaw, Ramsey Personality is my co-host in the lobby of ramsey solutions on the debt-free stage mark and barbara are with us hey guys how are you hey dave hi we're doing well good good

where do you guys live uh we live in denver north carolina oh fun what's that near charlotte charlotte okay cool welcome to nashville good to have you guys all the way over here to do a debt-free scream how much did you pay off uh we paid off 215 600 yeah i like it and how long did this take uh three and a half years good for you and your range of income during that time 120 to two and a quarter way to. What do y'all do for a living? I'm a sixth grade teacher. Good. And I sell fruit for a living. Very good.

You sell fruit for a living. That's right. A lot of it. That's a lot of apples. I like it. I like it. So what kind of debt was the 216,000? We made up our house.

Yay! Looking at weird people. How old are you two weirdos i'm 37 i'm 34 and you have paid for house yep wow when you're 22 people told you that wasn't possible oh sure yeah even now even now they tell you it's not possible and you've already done it and it's true yeah i mean it's possible i'm standing in it shut up yeah but yeah it's it's just it's so weird isn't it that's why we call people weirdos is because it's such the best kind of weirdo to be because people a can't believe it can happen and uh b they don't believe

it happens as much as it does happen lots of people pay off their houses but nobody talks about it much way to go you guys thank you wow so what in the world happened to you three and a half years ago that lit you up like this well i mean it started like 12 years ago when barbara and i got engaged we got a gift for financial Peace University that we took at that time. So we've been trying to live it ever since. About four years ago, I got a new job. And then we just dream all the time and plan and goal. And so we looked down like three and a half years ago and said,

we can get this done in maybe like five or six years, maybe seven before the kids get to high school. And then, I don't know, you just start getting after it and you knock it out pretty quick. And it was just awesome. I love it. Way to go, y'all. That's so fun.

I mean, you're not even 40. What's this house worth? $525, $530, something like that. Let's go. And how much in your retirement account? About $300. Way to go. So you're bumping up on millionaire.

Pretty close. Very close. Going to be Baby Steps millionaires in a minute. Way to go, you guys. Thank you. And you're not even 40. You're not even 35. I mean, come on.

Wow. That's amazing. That is. How's it feel? Unbelievable. It feels really good. Have you had that first month where there's no payment yet? Yeah, July was our first month.

Oh, tell me about it. Like, walk me through it like walk me through it walk me through it well we did get the tax bill that month too for the house but it was the best bill that i've ever paid so i was happy to pay that bill really oh man but what big thing are you gonna do to celebrate you gotta do something cool um we we've been putting off certain kinds of travel and vacations that we've wanted to do and um the good kind yeah right exciting ones that you know some some don't know about so yeah uh oh so we can't say it in front of yeah let's say in front of some of our audience right now we have to be sitting over here to the left okay that's right i know what you're talking about we might well we

all do now yeah that's good okay also the ones that don't involve them too yes the ones that don't involve them tell yes the ones that don't involve them tell us about them where are you going uh we'd probably like to go down to like key west or somewhere around there yeah that's a nice trip a couple things that's a good very good love it not a payment in the world yes not even 40 years old debt no debt on the house what do you tell people the key to getting out of debt is? I mean, I think one of the major things is work. I mean, we're married, so we work as a team. We work as one.

And, you know, whether she's pulling me up, which is most of the time where I try to help her out, too, it's it's getting after it. So, yeah, I think it's patience and just, you know, remembering your why and continuing to, you know, do God work with the money that you've been given. So I can do all things through Christ who strengthens me? Yeah. I can see it. It's on your T-shirt, shall we? Okay, that's a great scripture, obviously. Well done, you guys.

Well done, well done, well done. So, man, I mean, when you were growing up, people talked about millionaires, and now you're getting ready to be one yeah I mean uh you know I took a new job that kind of put us back a little bit but we were still okay as far as income goes but um Barbara at the time was staying at home with with our youngest uh and she started opening her own business she got after it I mean one of the big reasons she kind of pushed us towards that finish line really really fast was her just doing stuff in her part-time to buy and sell and learn and I mean it was very impactful and very inspirational that she could take on

something like that to continue to help the household and what were you selling anything that would make me money okay so you're just buying like garage sale stuff flipping on ebay yeah or facebook marketplace or whatever yeah okay good for you well done sound like you did good with it wow very good good good good man so you get a hold of dave's book 12 years ago because i'm thinking about your journey it sounds like you kind of avoided debt in general for the past 12 years right even before you got intense four years ago to pay off this house yeah pretty close i mean we had probably like most people do might have a credit card because it seems like a good idea for credit or we have a car payment but we're going to pay it off early yeah right right you know

some of the things that were probably pretty normal um but you know we kind of had a wake-up call to yeah kick it into high gear that's right right. Knock it out. Knock it out. Knock it out. This is just so, and so I don't understand how anybody can listen to this and not be inspired. And not believe it can be done. Yeah, I mean, how many people do you know

in their 30s that have a paid for house? I mean, we know lots of them, Dave, because they come through here every day. But if you're listening, this is, I mean, this is what you can do. You guys have made it clear

that this is what's possible in life. Very, very cool. Hey, bring the kiddos up let's introduce them their names and ages this is stella with their beautiful blue glasses on she's uh a and then this is gabby she's four all right cute cute and they got the t-shirts to match that's right well done good stuff hey we've got the live and give box for you that That's the Baby Steps Millionaire's book. You should read it because you're almost there. And Total Money Makeover book, that's one to give away and get somebody else's journey started. And Financial Peace University as well.

You can give it or you can live it. Whatever you want to do. That's what the box is for. Thanks for making the trip over. Thank you very much, Charlotte. You guys are inspiring your heroes. Appreciate it. Well done.

You're heroes to those two. You changed your family tree, man. Their lives will never be the same. They have no idea how important this day is or the milestone that this day represents is and what their mom and dad's sacrifices meant. So well done, you guys. Very, very, very well done. Mark and Barbara, Stella and Gabby, Charlotte, North Carolina.

They paid off $216,000 in debt. That's house and everything. Almost. Baby Steps Millionaires already. Man, did this in three and a half years, making $120,000 to $2.25. Count it down. Let's hear a debt-free scream. Three, two, one.

We're debt-free. We're debt-free. Yeah. This is how it's done there you go wow i don't think we can say it or show it or illustrate it or tie it together any more clearly or often enough to tell people the fastest way to build wealth is to get out of debt. That's right. I mean, here they sit with a paid $4.5 million house, $300,000 in savings, so they're at $800,000 net worth, and they're bumping up on millionaire status. They're going to be multimillionaires easily unless they just really screw this up.

I mean, they're really on track to probably have a $10 million net worth by the time they get in their 60s. That's the thing, Dave. And all they did was get their income back instead of giving it to somebody else. That's right. We sit and talk about this daily on the radio, and it's not just this idea. It's not just a theory. We get to watch people do it every day. Millions of people get a hold of this information. They change their lives. They pay off their debt. They pay off their debt they pay off their homes and they become millionaires yeah and so when we get the haterade out there that says oh dave ramsey stuff ramsey stuff is just for poor people it's just it's good first steps but

he doesn't really know anything about wealth building you know it doesn't hurt our feelings because we know you're stupid right when you say that okay we understand but what it does piss us off is you might somebody might believe you're stupid but stuff true that when we created more millionaires probably than any other organization and currently operating in america right now by doing that right there okay that's the fact it pisses me off when somebody said when somebody tries to put us in a bucket or in a corner of not building wealth because we've shown more people how to build wealth than anybody and not because it hurts our feelings it doesn't hurt us it doesn't change my net worth when you do that but you convince somebody else with your stupid butt hope stealing

that they can't do it and we sit here and show people every freaking day that you can do it hope deferred makes the heart sick but when desire desire comes, it is the tree of life. This is The Ramsey Show. Jade Walshaw, Ramsey Personality, is my co-host today. Thank you for joining us. Open phones at 888-825-5225. Anisha is with us in Charlotte, North Carolina. Hi, Anisha. How are you? I'm great, Dave. How are you?

Better than I deserve. What's up? So I'm calling about the student loan debt relief and everything that's transpiring at September, beginning of October. I have some student loans that I have yet to pay off. It's my last one, and I'm currently unemployed. And I have the money in my savings account, and I want to go forth with paying it off. However, I am hesitant because I experienced a situation before where I was inquired some fees and taxes later on after paying the debt off years ago. And I just want to make sure with what they have in state and now with no interest, if there's no type of fees that will occur later on or no type of taxes that will later on occur

for anyone. What are you pulling the money out of? That's what I'm asking. I'm going to be pulling it out of my savings. Not a retirement account? No, sir. The student loan, the government's not going to assess you a fee for paying off a federal student loan early. Okay.

Okay. And I ask because I guess before when I did it, I pulled it from my 401k. Yeah, that was a problem. Okay. Okay. And I asked because I guess before when I did it, I pulled it for my 401k. Yeah, that was a problem. Okay. That's why you, yeah, that's why you had a tax deal and you had some fees. Now, my bigger question is, right now you don't have an income coming in, right? Correct. And how much were you pulling out of your savings and what will it leave? I'll be pulling out $12,000.

And what will it leave? For that account, it'll leave $30,000. Okay. And what did you used to do for a living? I was actually in marketing, unfortunately. When I was seven months pregnant, they let me go, said that they were getting rid of my position at the beginning of the year. And so it's my husband's income that we are working on. What does he make? He makes about $70,000, $80,000. What did you used to make? I was making $60,000. Okay.

And you've had the baby now? Yes, sir. Congratulations. That's great. Thank you. And you didn't have the weight of working for a toxic, horrible company while you were having a baby. That's a wonderful blessing. You're exactly right.

Thank you. Is this your only debt? I have a car loan, and that's the last bit of my day income right now. Sorry, one more question. I'm digging a little bit. Both of you combined? Is this your only debt? Yes.

Okay. So your finances are combined? Yes, sir. Okay, because you keep saying me, but I want to make sure he's not. I'm sorry. He's not sitting on $300,000 over here in a different account. Or more savings, because my next question, you said that that would leave $30,000 in savings. So I'm wondering about the car.

How much do you owe on your car? I owe $9,000. Girl! Let's pay them both off. Mm-hmm. That's what my husband said. He's right! Are you going back to work after the baby gets a little bit older?

Yes, I want to go after he's turned, at least give him his first year with me, and then go back to work after the baby gets a little bit older yes i want to go after he's turned at least give them to a for his first year with me um and then go back to work but can you guys make it a year a year more because you got about a year left can you make it a year on his income with no payments i think so and that's what you got no car payment i know and we're currently renting in our apartment that's okay um we do we want to buy, yeah, we're fine with it. We do want to eventually buy a house next year. And so not just where my brain is, it's like, gosh, $12,000, or should I go ahead and wipe all this clear? We completely be debt free.

Yes, ma'am. And then the Lord is just going to continue to provide for us, as he has before, and open up doors that no man can close. You know, in his word he says he wants us to be lenders and not borrowers you know and i just keep that in my mind and i'm like lord i trust you you know you've done it before you'll do it again and so well and i also trust him to grow i agree with every single thing you just said and on top of that i trust him that the corn will grow after I plant it. Yes.

Turns out the corn doesn't grow by itself. I've got to plant it. So you're going to do your part by clearing the debt, living on a budget. The mind of man plans his ways, but the Lord directs his steps. So we're going to have a plan. Don't build a tower without first counting the cost, unless you get halfway up and are unable to finish. So we're going to have a budget.

You and your husband are going to live. You're going to do your part to make the truth of these scriptures come alive in your life. Does that make sense? Yes, sir. You're incredible. I think you're going to be awesome. You're going to get to spend time with this baby.

We're going to be on a detailed plan, and the plan's going to include when you go back to work, a bunch of your income, if not all of it, is going to be able to pile up to save up for a house. Yes, sir. You're incredible. I believe. You're there.

Do you have every dollar, Anisha? I used to have it, and when I had it at the time, it wasn't operating well with my bank account. Now it will. So I just stopped it. I want you to go. I don't know. Who's your bank?

I have bank. Well, I got a couple. It's Bank of America, Wells Fargo, and then I have a few others. Okay. I want you to go. I don't know. Who's your bank? It was, I have bank, well, I got a couple. It's Bank of America, Wells Fargo, and then I have a few others. Okay. Well, aside from EveryDollar, I would just have a suggestion, don't do business with either one of those. They're both horrible. But EveryDollar will definitely connect to Bank of America and Wells Fargo.

No question about it. Hold on. And go to EveryDollar.com slash jade and get a year 15 off on me oh there you go yeah every dollar.com slash jade promo code 15 off and you'll get it for a year super cheap i need to get a slash dave i don't have a slash you got to know people dave you got to know the right you got to have the connection to get a slash dave that's right i don't know slash dave could be like a horror film. That could. That sounds a little negative. That sounds the psycho.

Hey, Anisha, you're incredible. Yeah, she is. Go do this plan and follow all the way through, okay? Don't go pay off these two things and then be irresponsible and call me back later and say, oh, we had him in work and so I ran a bunch of debt. No, you're going to get on every dollar jade just gave you the slash jade and so uh you got the 15 off get on there you and your husband sit down let's lay out a plan so that this whole thing turns into a blessing because here's what's going to end up happening and you can't see it yet but

i've seen it before so i'll go ahead and predict it okay when you go back to work, you are wiser than when you took that last job. And you have more knowledge about marketing than when you took that last job. When you go back to work, you're going to make more money than you were making when those idiots fired you. And it's going to be a better company because you are going to choose a place that pays you more and that is worthy to have you there. And you are going to walk and move in a different type of confidence because you don't have this debt around your neck. And that confidence is going to cause you to attract better opportunities.

You interview better when you're not desperate. That's a fact. Desperate salespeople smell bad. Just telling you when you're trying desperate that's a fact desperate sales people smell bad just telling you when you're trying to sell yourself in an interview yeah you can smell it it's ugly when you're desperate it's like god i just i just hired me to clean the dishes out of anything i mean it's just it's probably done interview well i'm just saying yeah yeah but uh hey you're incredible i i really can see incredible stuff. And it all comes off of the simple question, I didn't want fees for my student loan. That's right.

Yeah. Isn't that funny? Isn't that weird? But we got all the way down into her life. We did. Yeah. So that's the way that works around here. Because, see, money's not, people who just answer money questions, they miss the point.

Because this is all about your life. All about your, I mean, she's got a brand new baby. She's not sleeping much right now. Nope. And trying to figure out how to do all this stuff. But she's about to pay off her student loans, her car, and still have money saved, and her husband's going to smile. That's right.

And say, it was my idea. For once, I was right. Just call Ramsey. They'll tell you I was right. Just call Ramsey. They'll tell you I was right. That's right. It doesn't happen often, but when it does. Occasionally, you got to play the I was right card. Yeah, yeah.

You don't play them often, but you just occasionally just got to throw it down on the table there. That's it. There you go. So I'm going to have to work on my slash Dave. Yeah, slash Dave. I know some people in this building, Dave, and I think they can hook you up. Yeah, okay. Well, my name's on the front part of the slash.

It is. The Ramsey Solutions part. So maybe they just thought I didn't need a backslash. It's possible. You never know. But the money's after the slash. Oh, now we're getting to it. Oh, boy.

So does that mean anybody goes to backslash Jade, they could get $15 off? That's right. If anybody types it in, Dave, we are giving them $15. I'm giving away your money. It's a secret code over the dadgum airwaves. That's right. It's a secret code. So this is what happens when somebody gives you a slash.

I'm slashing. A backslash. Yeah. This is The Ramsey Show. Dave here. You can find all of our shows with the Ramsey Network app on your smartphone. It's the only place to listen to the entire back catalog of episodes. Download the Ramsey Network app in your favorite app store today.