The Ramsey Show - App - How Can I Get a Discount on College Tuition? (Hour 2)

Episode Date: August 3, 2022

Dave Ramsey & Kristina Ellis discuss: Trading in cars to pay off debt vs. keeping them, How can I get a discount on my college tuition? Saving up for a house vs. investing, Moving for a job. Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6

Live from the headquarters of Ramsey Solutions, it's the Ramsey Show, where debt is dumped, cash is king, and the paid-off home mortgage has taken the place of BMW as the status symbol of choice. I'm Dave Ramsey, your host. We help people build wealth, do work that they love, and create actual amazing relationships. Christina Ellis, number one best-selling author, Ramsey personality, is my co-host today. Open phones at 888-825-5225. Maggie is with us in Washington, D.C. Hi, Maggie. How are you? Hi, Dave. I'm good. How are you?

Better than we deserve. What's up? So my husband and I are trying to figure out, we're in baby step two, and we're trying to figure out if we should trade in two of our cars for used cars that would be a lot, you know, a lot more cost effective so we could get rid of our car payment. It was hard to let that come out of your mouth, wasn't it? Yeah. My heart is off the brink right now.

I listen to you every single day, and it's surreal that I'm talking to you. So, all right, tell us about the cars. cars car number one what do you owe on it what is it worth okay so it's a volkswagen atlas 2018 um we owe about 11 000 on it it's worth um we went to a dealership yesterday we got them up to 19 on that um and that one we're still paying yeah um and that one we're still paying and then the other one is a 2009 jeep liberty um and that one is paid off um at first they came to us at 2700 i got them up to five what is your household income um it's about 145 How much debt have you got? We have $81,982 left. I would not sell these cars unless you don't like them. Okay.

Yeah. Did you hear her go, yeah? Yes. I mean, the idea was really exciting because it would expedite the process, and I'd like to um just knock this out as soon as i can it's just hanging over my head every day this debt um yeah if you told me 81,000 and you had a 30,000 car debt yeah yeah but 11,000 of 81 is not your problem is it i'd know yeah well you're still gonna need something to drive, and that's not, I mean, you'd only have about, what, $8,000?

You just get rid of the $11,000 in debt and buy a car. Right. Yeah. Right. Basically. Yeah, exactly. Exactly. We have three kids, so we're not trying to get, like, the oldest car on the block with, you know, we're driving on the highway and stuff so um we do like the car

that list but the payment i just i feel like it's just taking a while to get rid of it what's the rest of the debt uh student loans um student loans really yeah how long you've been working on all this the ramsey way so um we started in 2020 um and we were making some headway and then um last year um so at the end of 2020 we had our third child um and it um long story short um it just ended up being like a very difficult year um i was in like survival mode um he had a lot of health issues it just fell off the wagon and just didn't do anything and then he's beginning he's he's a lot better he's still um crazy but um much better health-wise so um he's just our wild one and we're definitely done now

um but so we've decided to get back on track, and we've paid off about $7,000 so far. And at the end of this year, we're supposed to have this car paid off at the end of this year. So here's what I heard, and you can tell me if I heard it wrong. We've just been through hell, and I'm tired, and I'm desperately looking for a quicker, easier way to do this, and I was hoping this was it. Yeah, yeah, no, that's great. And so the good news is you get to keep the car.

The bad news is, because it's not the problem, the bad news is now it is game on, girl. Yeah. Now you just, the rest of that garbage is in the rearview mirror, most of it anyway. Thank goodness. Sorry you've been through all that. It's hard. I mean, it's been a hard year, a hard couple years for a lot of us.

Right. And emotionally and stress and everything else and just the whole, the climate and the culture right now is just bizarre so it's just affecting everything but the uh um but yeah i and i'm sorry you've been through that here's the trick though mathematically and actually 90 percent of you getting out of debt is you guys getting gazelle intense on a budget working the plan no eating out no vacations no freaking life and we're going to clean this mess up you make 145 000 you should be debt free in 18 months that was i was thinking 15 but okay i'll go with 50 i'll go with 50 and for that you don't sell the car the car the car accelerates that by one and a half to

two months right point being it does not solve the problem right if you cut the time and hat from 18 months to nine months your car sold girl i'd be throwing it out right now for you for you right yeah you guys have a really good shovel i mean it'd be a bit more concerning if you didn't have such a high income, but you do have a good shovel to work with. And like Dave said, you could knock this out easily in under two years. You could still live on six figures and knock this out in two years. So it's like if you guys get gazelle intense, you can do that even faster. So do you play any sports when you're a kid?

No, I did cross country. Okay, cross country. There you go. That's a sport. And so you're running what, three? What is that, a three-mile run usually in high school? Yeah, usually, yeah. So the first mile and a half of your three-mile run, you fell twice and skinned your knees.

Oh, and your hands while you're at it. Okay? Now you've got the rest of the run left you're not going to fall in this part of the run but those falls are are causing you to have to suck it up and get with it and and it's hard it's hard to overcome the pain of the first half of the race you had a painful first start on this and uh you know i think it's just smart to say it out loud uh you know those are legitimate reasons that you you didn't fall off the wagon girl you got knocked off the wagon and it's legitimate pain you felt it it's real

your knees are skinned your hands are skinned you fell yeah and it's uh it's okay to say that but what that means is once you say it out loud you go and game on second half we got the crap beat out of us in the first half we're going back in the second half and take them back i'm gonna take this game back yep i ran cross country in high school and that speaks to my heart i mean i just remember the middle of the race especially if you had a bad first half, feels so disheartening. You're just like, oh, I don't know if I can go on. But, man, when you round that corner and you start getting closer to the finish line, you're going to feel your spirit lift again. You just have to get through this really hard middle.

It's lifting the chin up and looking at that finish line and reaching for that instead of gazing in the rearview mirror. And it's hard. It's emotional. But I'm just saying I'm agreeing with you. It's been difficult. But that's all. You're just going to use that as motivation for the second half. Game on.

15 months, girl. I want to hear from you. I want to hear your debt-free scream. Yeah, come see us. We're proud of you. We love you. Get after it. This is The Ramsey personality number one best-selling author is my co-host today

with rising costs everywhere you look we know you've had enough. Right now, normal in America is a bit freaked out. The cash register at the grocery store. The cashier looking at a gallon of milk like it's a bar of gold. The overdraft in your bank account. Normal sucks. You deserve a chance at some extra breathing room in your budget. So we're going to, well, we're excited to tell you this month we're going to give away 500 every week and a grand prize of three thousand dollars in the ramsey cash giveaway think about all the things you could do with some extra money no purchase is necessary

you got to be 18 years old or older to win just go to ramsey solutions.com slash giveaway and you can register every day ramsey solutions dot com slash giveaway ava is with us in roanoke virginia hi ava welcome to the ramsey show hi mr ramsey thank you so much for taking my call sure what's up so in your foundations of personal finance class you said to negotiate the price of everything so i was wondering if there's a way to negotiate the price of college. Ava, I love this question. How old are you, Ava? I'm 16. Oh my goodness. You sound like me at 16. And I just absolutely love that you're calling the show. This is fantastic. What do you want to do with college? Where do you want to go? I want to go into art and animation. Okay. What do you hope to do with that? Concept art and like character design for movies, hopefully.

That's awesome. Are you already starting to look at schools and kind of think through where you want to attend? I have, but I haven't really decided on any schools yet. Well, you're 16, so you still have plenty of time. I love this conversation. The answer is yes, you can negotiate the price of college, but it does depend on the school. So a lot of people, when they go to a college's website, they see that sticker price and they go, whew, I can't pay that. And they automatically assume they can't attend that school. But very few people actually pay the sticker price that's listed on the website. Most colleges have a tuition discount of some sort. A lot of people don't know that because it's just wrapped into the financial aid package that they get. They see it as merit scholarships. They see it as financial aid. But it is a tuition discount. Now, a lot of people just see their financial aid package and assume that's all I got. Like this is all the school's going to offer me. But you can be one of the few that actually do go back to the school and try to negotiate tuition. So it doesn't always happen.

It depends on the school. I definitely wouldn't count on it or expect it, but you can do it. You can go back and ask them if they can discount it. And the best, one of the best things you can do with negotiation is to have walk-away power. And that means that you are not married to a particular school. We are going shopping, boys and girls. Where are we going to get the best deal? And then what you do is you tell that one school, you tell school A that school B is making you a better offer, and they're going to have to pony up, if they are.

I mean, I don't want you to lie to them. them but um i mean you start playing them against each other you go we have asked you know i'm applied to i've been i'm looking at four different schools i'm going to go to the one that gives me the best help intuition are you that school let's find out are you ready to play spin the wheel you know, and that's just get them all playing against each other. And it's so amazing that all of a sudden these schools that are, you know, a little bit snotty, they suddenly become like mercenary and want your money. Right. Because at the end of the day, you know, they have got budgets. They're trying to recruit students.

They're trying to get them in the door. So they want your money. They want to make a deal, especially if you're a competitive student. We actually talked to a company not long ago that they actually built a business around having students upload their financial aid letters so that they could compare what kind of discounts they were getting from the different colleges. Which just shocked me to see how many colleges they they kind of played this game of like you know trying to recruit they were like businesses trying to charge different amounts for different people and try to get them to like make deals and i was like wow that is just crazy but it was nice that they were trying to bring transparency to that process so students could see

the price is negotiable yeah and and if it's not that's okay. But you have to maintain walk-away power in any negotiation. If you go, that's the only house on the planet, you're about to pay too much for that house. If you go, I have to have the green car, and there's only one in the southeast, you're about to pay too much for this car. Seriously. So that kind of crap will kill you, and it'll kill you on any negotiation. So having options to play against each other and having walk-away power

instead of getting all drama-queened up about the particular location you're going to go to school. Because, you know, the people that make it in the business that you're going to go into, where they went to school has zero to do with it. It's whether they have talent or not. So if you're going to do animation and you want to create animated characters for movies you know they nobody

cares where you went to school they just care can you do it and are you the best or one of the best have you got some idea that that makes me want to make a film if i'm a filmmaker you know and can you are you the character? Are you the person, you know, can you do this? And so, yeah. Right. And at this age, I mean, you've got time, like you said, you don't know what college you want to attend now, but now is that time to start exploring and researching different scholarships at colleges. You know, you don't want to get your mind set on one certain school at this point and then, you know, get offered nothing in scholarships when you could have potentially found a school where you could get a full ride so i love one looking at different options so you

have negotiating power and two you may not even need to negotiate you may just get a full ride straight from the beginning so you know keep those options open and explore everything that's out there you know i think we're going to see more of this because higher ed is, they kind of got a pretty big black eye right now, overcharging, causing, being part of the cause of the student loan debacle, epic failure we have in this country. And part of it's driven by these increasing tuition prices all the time. The second thing is those goobers in higher ed, you know what they did? They had everybody go

to school from home online during covet and they charged them full freaking price and people are going wait a minute i'm not guy this is online i'm zoomed out i'm not doing this and so uh a lot of people really a lot of students and parents of students kind of got fed up with the attitudes at higher ed and now higher ed's trying kind of back on its heels and it's gonna it's kind of pushed out it's people are talking about well you don't need to go to college at all and all college is too expensive which is not true but uh you know it's they are they are in a position they're going to want to negotiate because they're going to be trying to get people back in there after the horrible reputation that they've developed as a category. Well, and it's about time.

I mean, this reckoning has needed to happen for a while. For so long, it's been like education at all costs. And we can always increase it every year, even if students go $1.75 trillion into student loan debt. I mean, the COVID crisis happened along with the student loan crisis. And these two merging together has just created kind of chaos in higher education. It's fabulous. It gives people a chance to reevaluate. If the government will keep their stinking hands out of it and not prop them up.

They're too big to fail. No, they're not. They're stupid and some of them deserve to fail and so you know it's it's gonna wake them up wake them up here let the marketplace do what it's supposed to do and so then you will find a less expensive alternative to go get a good education whether it be a vo-tech thing or whether it be a higher ed, you know, process. I don't care. But, you know, people are going to get very practical finally. Right.

And the institutions of learning that do not adjust to the practicality, the utilitarian view of education are about to lose their butts. Right. Because people are saying now, just even in the workplace, that there are people who went to public schools who had no student loan debt. They got a public school education next to somebody who spent $200,000, and they're working the exact same job. And so it's like, that's great if you can get it paid for to go to a prestigious school, but you don't have to. There's so many different options. And, you know, do what you got to do, but do it debt-free. Yeah.

And do what she's doing. She's thinking about it ahead of time, being intentional, instead of just signing up in October or signing up in August and going, oh, wait a minute, I have to have tuition in four weeks. What am I going to do? You should have thought about that ahead of time. This ain't a Friday night party you planned on your Instagram. You know, seriously.

You need to get your act together. This kid right here, she's got her act together, man. She's you, you're right. I love it. You are an overachiever at that age, too. Nerd. I was the portion of the class that made the top half possible. This is The Ramsey personalities my co-host today in the lobby of

Ramsey solutions on that debt-free. Tim and Luann are with us. Hey, guys. How are you? Great. Good to have you guys. Where do y'all live? Little Rock. We actually live in Maumelle, which is like a suburb.

Yeah, cool. Welcome to Nashville. How much debt have you paid off? $222,870. Way to go. How long did this take? Four years and three months. All right. Well, $222,870. Way to go. How long did this take? Four years and three months.

All right. And what was your range of income during that time? $152,000 to $178,000. Cool. What do you all do for a living? I'm a computer programmer. My wife's a medical coder. Perfect.

Good. What kind of debt was this $223,000? Oh, it ranged from a cabin, an RV, cars, credit cards, IRS debt. Student loans. Student loans. Y'all were normal. Oh, yeah. Yeah. And you decided not be normal anymore. Sick of it.

Congrats. Good. That's what you got to get sick of. Yeah. Yeah. So I'm proud of you. Way to go, y'all. That's amazing

four years 223 000 dollars wow amazing so how did this all happen how'd you get decide you're gonna go do the ramsey way well uh about five years ago i was diagnosed with prostate cancer and i wrote my wife a note because i didn't know what what happened if i had the surgery and that kind of lit fire under her and that's how we got started so wait a minute the note says a surprise we're deeply in debt or what did it say no it said here's how to take care of the debt oh my gosh and here's what the payoff first uh and he wrote it on a sticky note and sat it on my desk and i was like no i'm not doing this uh our church happened to be offering fpu oh good and uh i was like you know which is better than a sticky note exactly yeah exactly yeah and i said let's

let's do this i had never heard of Dave Ramsey, and apparently he had. I had. And he didn't say anything. I figured, well, if it was her idea, then we're going for it. Yeah. So we did, and our coordinators are with us today. Oh, cool. Very cool.

And then we actually joined them and coordinated the next class as a dual, and we have been FBU coordinators now for this will be our fifth season oh my goodness thank you yeah wow well one thing about that when you are leading a class you have to do the stuff exactly because you're totally a hypocrite exactly it makes you it makes you stay on the straight and narrow oh yeah yeah and uh and it does remind you and inspire you, the people around you. Oh, yeah. Right. Yeah.

Because some of the people come through these classes, they do some amazing things. Right. Right. And another thing was that my wife was saying, we're never going to retire. We're going to just keep working at our desk and we'll just die. Die. Wow. Yeah.

So everything that we're fires lit big time. And I'm sorry that you had to go through this, Dave, but thank you for God using you to share with us. Well, thank you. And we thought, well, we're 55 years old at the time. I was like, wow, this is never going to happen. We're too old. Yeah.

It's too late to start. Well, raw. It's not. Ever. We're in our 60s now. And so it's, you can do it that's so no matter what age you're at that is so inspiring i feel like somebody out there needs to hear that yes definitely and a health scare that's that's quite a wake-up call right what happened so you read that note

you got on board with fpu what did y'all do to get out of debt what did the journey look like for you guys well one of the hardest things we had to do was sell the cabin. And we still miss it, but hey, we can always do a VRBO and go to that. But we did VRBO our cabin. Then we were told we couldn't do it anymore because it was against the HOA, which they never told us when we bought the cabin. So it was like, okay. So then we did.

Had an RV. An RV we rented out. I tell you, don't ever do that because it's the worst thing you can ever do is rent your RV out because people don't care about your RV. They don't care about it, yeah. She wanted to push it off a cliff. The cliff. I wanted to drive it to Colorado and just put in neutral and go, oh.

Oh, it just went over the cliff. Call the insurance company. Right. So we did, before the pandemic, we did Lyft and Uber. And then once the pandemic hit, then we decided to switch over to Uber Eats and uh DoorDash. DoorDash. Wow. Yeah. How does it feel now? That's a that's a lot of debt to pay off. It's it was almost um surreal. We were sitting at Sonic getting a drink and we made our last payment and I started crying because it was like we can't get to drink now not have to worry you

know that it's in the budget but it's okay you know you're a hard drinker if you're drinking oh my gosh you guys that's so fun okay what church was this that you went through financial peace university new life church out of little rock it's a greater little rock rick bezet Gosh, you guys, that's so fun. Okay, what church was this that you went through, Financial Peace University? New Life Church out of Little Rock. It's greater Little Rock. Rick Bissette is our pastor. Oh, Bissette. Yes.

Oh, really? Yeah. Okay. He's in Ukraine right now. Yeah, he's a great guy. Yeah, yes. I met a bunch of those guys. That's awesome.

Yeah, excellent. Well done, y'all. I'm proud of you. Thank you. How's it feel? Awesome. Yeah, excellent. Well done, y'all. I'm proud of you. Thank you. How's it feel? Awesome. Yeah, it does. This is our first actual vacation since we started it, and we brought our granddaughter

with us, and all she cared about was hearing shopping. And she's heard Dave Ramsey since she was, what, seven years old and kind of rolled her eyes, and she would say once in a while what would dave say you know her what would dave do you can't do that so yes it's touching yeah it's touching so what's next now now that you don't have this major debt hanging over your head well we we are like i said we're getting closer to the age to where we can look at retirement but we've still got our house that we need to pay off and uh so we're still doing the door dash and uber eats and you know do instacart once in a while but you know i mean that's also a thing that we can do into

retirement that we don't have to quit and just sit on the couch or whatever yeah but and we can go and see family more i love that i love that you've like checked off this huge milestone and now you're like okay we're gonna keep pushing we're gonna keep going and yeah i fully expect to see y'all here in a few years you know screaming for the house well actually we were here last year in October. And we told them we'd be back. And we are. So we said that our very first class in FPU that we were coming here to do our debt-free screen.

Well, we're honored. And we made it. You're amazing. You're heroes. You're absolute heroes. Well done. Thank you. I mean, you decided no matter, you know,

whatever the obstacle, we're going to do it. It's hard to sell the cabin. It's hard to not push the RV off a cliff. It's hard to do these things. And one thing we did, or we would say, like, be like the tortoise. Yes. Don't ever stop. That was his favorite thing.

So I was ready to pick the tortoise up and throw it. But there's a lot of stuff going over the cliff with her. I'm just saying. Poor tortoise. He's riding in the RV. Way to go, y'all. You're amazing. Absolutely amazing.

We've got a copy of Baby Steps Millionaires for you. That is the next chapter in your story, our latest number one bestseller. You are on your way to being millionaires. Thank you. So proud of you. You can get a copy of Total Money Makeover. You'll be able to give that to somebody in one of your classes. And a one-year membership to Financial Peace University. you'll be able to scholarship somebody that needs it that

way and i'm sure you'll do that while you're leading and absolutely incredible so thank you guys we're very very very proud of you good good work all right two hundred and twenty three thousand dollars paid off in four years and three months making making $152,000 to $178,000. Tim and Luann from Little Rock, Arkansas. It's never too late. Count it down. Let's hear a debt-free scream. Three, two, one.

We're debt free! Yeah! Woo-hoo-hoo-hoo! Love it! Yeah! That's powerful. Their retirement world has completely changed. Oh, so powerful. Because of the work they've done in the last four years. Amazing.

They got their life back. Sticky note to Financial Peace University. There you go. There's how you get the Ramsey way going. This is The Ramsey Show. សូវាប់ពីបានប់ពីបានប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពី Christina Ellis Ramsey personality number one best- author, is my co-host today as we answer your questions about your life and your money. Michael is with us in San Diego. Hey, Michael, welcome to The Ramsey Show. Hello. Thank you so much for taking my call. Sure. What's up? So I am finishing up Baby Step 3, and I'm trying to balance between 3B and four. So I live in Southern California. I own my own business and income can vary. Also, my business has changed quite a bit over the

past couple of years due to COVID. So I haven't had a consistent kind of business model. So I'm still fine tuning that piece. Like I said, my income can vary, so I can make either $2,000 a month or $15,000 a month. And I don't know when I will really have enough money for a down payment, so I can't predict whether two years, five years, or anything like that. So at 35 years old, I'm trying to figure out how to balance between saving up for a home and investing. To qualify for a mortgage, you're going to have to have a self-employed two years of income tax returns. The average of those two years they will use to qualify you. And so if the average of those two years is $3,000 a month, they're going to qualify you on that. If the average of the two years is going to be $15,000 a month, they're going to qualify you on that. If the average of the two years is going to be 15,000 a month, they're going to qualify you on that. So, uh, that's what they're looking at.

They're looking at what you're making a year for the last two cap, two tax returns. And so what you're, what you could do is say, when am I going to get a high enough income average across two years to qualify for a mortgage? then you know is that going to take three years from today it might right and during that time you can just save like crazy um so people do they save up for their down payment and and we're okay with any portion of this if you're not going to put anything in retirement and throw everything at the down payment fund we say don't go longer than three years doing that but if you're going to be putting money aside for a down payment and be putting you know 15 towards your uh you know but a full baby step four 15

towards retirement of your household income uh then you can go as long as you want to go because you're saving right and so uh you know above the 15 you're going to save your down payment which obviously is going to cut down on your down payment so what'd you pay taxes on last year i think it was around 30 okay all right and this year so far i'm at 50 um so yeah so you're gonna have to get this year and next year to even come close to qualifying agreed yes 30 000 i'm buying a house in san diego what do you do what is your business So I'm a business consultant, and I help teams just quickly develop strategy. So my work was in person, and then COVID hit, and then everything became virtual. And so trying to transition into that, and now I do kind of a hybrid of in person and virtual.

Okay. About how many hours are you working right now? I'd say about 40. Okay. What I would do, are you doing a lot of one-off fees or are you running retainers? One-off fees. Yeah, that's what's killing you. I thought you were because of the volatility.

You need to start talking about taking clients that pay you a guaranteed retainer for a year. And that'll stabilize your income. And then you can also start to layer those and create a situation where you can work, you know, 60 hours a week doing this because you've got clients that are coming back to you. You've promised them so many hours a month average on something, and then you've just got to schedule them in and stay with them because um you know that what you're doing is an implementation thing and following up on the implementation and guiding them through the actual implementation once it's decided to do

how to do it you're getting paid for the how to do it but the walking with them as they do it is also a valuable service that you could meld into this and that puts you into a retainer situation i would ship my model if i were you well that'll just give him so much more money as he stabilizes his income as he gets more consistent clients as he ups his income he's going to have so much more money to throw towards that down payment and the ability to get a house. So zero going, if you're saving a down payment aggressively and you're putting real money in there, which you're not at $30,000, you might be at $100,000, which sounds like you're scheduled for this year, give or take.

But if you're putting zero towards baby step forward, the rule of thumb we use is just don't go out there. Don't do that for 10 years and have nothing in retirement right you know so three years is about a max on that give or take something in that range and that's what we're looking for steve is with us in oklahoma city hi steve how are you hey dave hope you're doing well. Better than we deserve, brother. What's up? I have a kind of a pickle on the end. My job is offering me an opportunity to move to their home base in Austin, Texas. And it's kind of put me in a situation that I just recently bought a brand new house, first house I've ever had. It's in an area that I can afford, but the area that they want me to move to and actually be on site is going to put me in a disadvantage financially. The benefit is I get better pay, more opportunity.

They're going to pay for all my expenses. But I don't know if it's a good decision for me or if I should just stay here. So I figured you're the smartest person about money, I know. Why not ask you? You said it's an opportunity. There is the choice. You can stay where you are, right? Yeah. And how much of a pay increase is it going to be to move uh it's going to be like a 10 pay increase and then yeah what do you make no ceiling i make 64 000 right now i'm a single dad they want you to move to austin texas from oklahoma city for 5 000 bucks yeah whoopee no okay not unless you just love austin texas

because i kind of heard you're in your let me i let me make sure i i thought i heard in your voice you really like your life right now. I do. I thought I heard that. And this is like, but I don't want to not do something smart, but I like it. I like what I'm doing. What do you do? I'm out of the middle of nowhere here. Yeah, what do you do? I don't have an opportunity to meet people.

I work at home for tech support. Okay. All right. And you said you're a single dad. And I'm at my pay ceiling right now. So if I don't do this, I can't make any more money. You can't if you change jobs. Yeah, I can change jobs.

You can leave that company in tech support and probably make 10 more from where you're sitting. Do you have family in the area that you're at right now? Yeah, they're a couple hours away. Okay. Are you married? No, I'm single. Okay.

I'm raising two kids on my own. How old are they? They're one's going to be 13, one's eight. Okay. So you would be on site in the office and now you work from home yes now that's an advantage for moving up uh because you're you're present and people see your smiling little face and you are more likely to get noticed and be promoted than you are sitting in your bedroom doing tech support. That is correct. It's the disadvantage of work from home.

People forget you. You just disappear. I think they need to sweeten the package. And then I might go do it. And might go do it and i'm going to call it an adventure but 5k is just it's not interesting okay so um now the package sweetener could be if you come down here and you do a b and c we're going to promote you and you'll be making 70 but for now it's 5k that would be a package sweetener i want to see this upward momentum i want to see this a path up that's clearly defined but 5k i'm not moving for i'd move for 5k and a clearly defined

path up though would you yeah yeah? Yeah. Yeah. All right. So, yeah. Austin's cost of living is different than Oklahoma City area. Way different. This is The Ramsey Show. Have you been inspired to make a change with your money? Want to know where to start? Take our three-minute money quiz to get a plan you can follow.

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