The Ramsey Show - App - How Do I Overcome the Fear of Leaving My Job? (Hour 1)

Episode Date: October 20, 2021

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Thank you. Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studio, this is The Ramsey Show, where America hangs out to have a conversation about your life and your money. I am Rachel Cruz, bestselling author, Ramsey personality, and host of The Rachel Cruz Show, hosting today alongside, I like to always say real-life friends. That's my official title when we're all together. Christy Wright, best-selling author, host of The Christy Wright Show. Christy, it's good to be back with you.

Yeah, this is so fun. It was a big week last week for Business Boutique, and now back in the swing thing. I know Christy, it's good to be back with you. Yeah, this is so fun. It was a big week last week for Business Boutique and now back in the swing. I know. How did it go? You guys had an event here in Nashville. Yep. And live stream, thousands of women. And it's just amazing how every year we change up the speakers, change up the content, and every year it raises the bar. It's so fun and so exhausting and awesome. All of it. It's so great. Hey, how was Bianca and Jasmine? Because I know them personally and they are amazing. They're so fun.

Do you know that that was the first time they've ever spoken together? Because they're twins. They're twins. I don't know them, but it's so fun. Yeah, Bianca Olthoff is a Bible teacher and pastor. Jasmine Starr is a social media expert. Both of them are very branded in their individual spaces. They are identical twins.

Yeah. And even though they are identical twins, most people don't know that they're twins because they're so branded in their space and they have different last names. So in all the promotion for this event, we did not share that they were twins. And so Thursday night, Bianca spoke

and just brought a great word. She was so powerful. And then Friday morning, Jasmine Starr spoke. And then we did this fun reveal and did a panel with both of them talking about how you find your unique calling when you are constantly compared to someone else. And so it was very cool.

Oh, that's great. Yeah, it was really cool. I want to be able to listen to that. Yeah. That's so great. All right. So we are taking your calls live at 888-825-5225. So give us a call.

We're talking money. We're talking business. We're talking life. We're talking balance. We're talking parenting. Anything're talking life. We're talking balance. We're talking parenting, anything you want to chat about America. Uh, Christie and I are here cause they, they give this to us. It's just absolutely crazy. Just keep letting us host together. Absolutely crazy. Okay. Um, I, before we dive into the calls, I do want to ask, cause last time we were on together, we were talking about your planner and different fun things launching. How has that been? Yeah, it's so great. So the planner is

awesome. I actually had someone asking about it last week. For people that don't know, our 2022 goal planner is out. And this is the fourth year that I've done this planner. But what makes this planner different than other calendars, which are great, is it's filled with content and worksheets and journal questions for reflection and a month in review. So there's a lot of personal growth, tools and content woven into the calendar. And oh, by the way, that informs your calendar, your to do list. So it's one of those things that we try to pull together all the best pieces of things we teach. We teach you to read books, to grow as a person, we teach you to, you know, do Bible studies, to grow in your faith, to journal, to write your goals on paper. This is all of that.

It is your goal tools. It's all that together. So yeah, it's been fun and people get so excited because it's really beautiful. I mean, it's a piece of art. It is. Oh, it's gorgeous. It's absolutely gorgeous. Yeah. So I feel like that's one of the fun things that we get to do is create these tools around what I think individually we're passionate about, but to help people because it's like, yeah, we can talk all day on shows like this or our own podcasts, but to be able to live in day in and day out as you're living life, whether you have a planner next to you, helping you with kids schedules and your schedule and appointments and all of it, which just reminded me, by the way, I have a planner on my phone.

Like I do it digitally. Anyways, I didn't take off an appointment. So I took two of my kids to the dentist today and we didn't have a dentist appointment. I had like not taken off. So I actually probably need your planner. Honestly, not digital because my digital planners, my calendar not working. But yeah, but one of the things I'm so excited about, the Rachel Cruz wallets has been out for a few years now.

We have just different colors, different variations of it, but it's all based around the cash envelope system. Right. That is something that we talk about here. Those of you that are new to the show and our money principles, one of the biggest ways to stay within your budget and honestly just control your spending and know what's going on is to use cash. And I know that's kind of now,

even since COVID and all of that, it's kind of like, it feels like a dying art in the world today. And so I do tell people, I'm like, it doesn't have to be for every category, but if you, especially people just starting out budgeting, when you are just at the forefront of, hey, I'm for the first time actually saying I have X amount for groceries this month. That's the first time you've ever done that. To have anything visual to help you day in and day out. And cash really does that. I mean, it can be inconvenient at times. But if you have a couple of categories in your budget to really help and say, hey, I'm going to just cash these out and use it. And so the wallet that I created helps with that.

So we partnered with Join, who's an incredible organization out in India. And they rescue people from just trauma, devastating life stories, and really take them and give them a trade, show them a skill and put them to work so they're able to earn money. So it's a beautiful, redeeming business that Join is. I mean, they just

do an incredible job in India. And I'll say this too for people that have bought the wallets. The owner, I was talking to her a few weeks ago, and she just said and thanked us so much for partnering with them because even during COVID, and India was hit so drastically hard during that time and where everything shut down, they were still able to employ people and still keep people in business, which I think is just a beautiful, amazing element to all of this, which I just love. But the wallet, we released a new color this week. And so it's called Classic Brown. I love it. Classic Brown, but for the fall season. So if you have not checked that out, make sure to do that. You can do that over at RamseySolutions.com. What are the colors? Remind me what the colors are that you have available now. I know this is getting added, but what are the other ones that you also have?

So we have a camel. So we have like a, I don't even know how, it's a lighter brown, I guess you could say. And then black. And then we had a metallic blush for a short period of time and it sold out within like, I think it was 15 15 days they're all gone because it was beautiful too so popular yes yeah but but yeah but i just i do i love um these tools whether it's a whether it's a book that we have you guys or a planner or this wallet whatever it is to integrate into your life and help you because you find that you have things in your life that just it help you stay on track with things that you want because goal setting and knowing where you're going intentionality is so important to winning not just in money yes but in so many aspects well it's one of the things that we teach here but we also live out we want to help you live the principles so anything that

we create from Ramsey Solutions from any of our personalities is going to be a tool that helps you work the plan we don't just create stuff just to create it is specifically to help get those results. And so that's what I love about it because there's such a purpose and depth to any product. It's not just a product. It's not just cute and it is beautiful, but it actually helps you work the plan. And so I love the purpose behind it. Yep. Absolutely. Absolutely. All right. Well, Christy and I are again, taking your calls here on the Ramsey show, 888-825-5225. We're about to head into a break soon, Christy. But what else do you have going on that's exciting?

So one of the things that's really fun with the end of the year, and we've talked about this with the goal setting, but I think people in this year with the pandemic last year, but even this year, people are just starting to rethink their lives. They're rethinking where they work. Their jobs. Yeah, it's what's so fun to think about Ken Coleman's new book coming out in just a few weeks from Paycheck to Purpose.

Whether it's a career change, setting new goals, finally getting their money under control. People are rethinking and I think you're going to see a lot of people make some positive changes because of that new awareness. Yep, absolutely.

Absolutely. So great. Well, again, 888-825-5225. Christina and I are here to answer your questions. We'll be back. Hey, I'm Christi Wright. Let's be honest. When it comes to our quiet time with God, sometimes we struggle to make the time

and get into good habits. That's why I'm so excited to tell you about the Glorify app. For me, it has been an absolute game changer. Every morning, Glorify guides me through God's Word with a bite-sized Bible reading, a daily devotional, and a guided reflection that simply helps me to connect with God. Give Glorify a try. Just search for Glorify in your app store. It's free to download.

Welcome back, America. I am Rachel Cruz here with Christy Wright, taking your calls at 888-825-5225. All right, we're going to Jason in Chattanooga. Hey, Jason, welcome to the show. How are you guys today? Doing great. Great. Thanks for taking my call. I have a two-part question for you guys. The first part of the question would be, my wife was terminated from an employer after 17 years with the company due to the vaccine mandate. And we are navigating

through this new chapter in life. And I really just want to know what is a way that I can support her through this let me give you a little bit of background she's been in corporate for 17 years and she's going to transition to go into small business with me so I know that's completely different from what she is used to so I know there's a mourning process. I see her going through that now. And, yeah, I thought, Christy, you might could help me with that part of it. Yeah, well, I love how you first acknowledged that there's a mourning process because it is. It's different. And there's a lot more going on at her leaving this job of 17 years than just losing the paycheck or losing the day-to-day responsibilities because there's this feeling of, was I just a unit of production? Is that

how after 17 years I'm going to be treated? And so, yeah, there's a lot of feelings attached to this transition. But also moving into the small business type of role, it's just going to be a different day-to-day, different responsibilities, different energy. Tell me a little bit more about what you do and what she's going to be doing. Yeah. So I work at a insurance agency, a property and casualty insurance agency here in town. And the timing, as far as me needing help to take it to the next level is really, it's really good timing from that standpoint. So I don't think any of this happened, um,

you know, just accidentally. I really don't. I think the Lord was completely orchestrating all this. It doesn't take away the morning process and all those things that go with that, but definitely, um,

it's good timing from that standpoint. Okay. Well, here's what I would do. This is a very simple practice and so many people don't do it. Okay? So don't underestimate it because it's simple. I would sit down with your wife, and when y'all are ready to talk about her role in the business and that type of thing,

I would ask her, say, I want you to define what success looks like in this role for you. What tasks are you passionate about? What are you good at? What does a typical day look like? What gets you energized? What do you love doing? And let's just, in light of what you're doing, right? Like in the context of what she would be doing for you,

write out that list. And then you separately, write out a list of what success looks like for you. What is the help that you need? What are the problems you need solved? What are the gaps that you need filled? And see where this overlap falls between what she wants to do and what you need. Now, likely there's going to be some things that you need that she doesn't want to do. And you can figure out what to do with those. Does she do them anyway? Because we all have

things we don't want to do. Or do you find someone else to do that part of it? But I think the biggest factor to set you guys up for success is simply defining success from the get go. Success in her mind and success in your mind and making sure that there's a connection point between those. It may not be 100% overlap, maybe it's 80% overlap, and you figure out what to do with the other 20%. But so often, you have an idea in your head, and she has an idea in her head, and y'all both start running. And those are not the same idea. And that leads to conflict, miscommunication, and just overall frustration and more mistakes made. So I would just have her write out what this looks like, have you write out what it looks like, define success,

and then just have some conversations around that. I think that's going to set you up from a really strong standpoint out of the gate. Yeah, that's good. Jason, is the things that she was doing in her previous job going to be similar to kind of what she'll step in? Well, not really. She was a senior manager at a company that's very high up. And so I knew from the beginning that her identity, finding an identity that she's happy with, is going to be difficult because this is so much different than a large company.

So I've already given her some things to do, taken some IT stuff and running with it. And she has really enjoyed that. She's already played with that some. So I think just finding the identity is going to be a big deal. This may be a real basic question, but does she want to do this? I know you need it, but does she want to do this for you? I think she does. I just think, yeah, I think she would tell you that she does. That's huge, but I just heard you say she went from a senior manager role that she very much found

a part of her identity in, which is fine, to being more of a support role for you, that's a shift not just in tasks, but in the role that you play. And so I think that if you're sensitive to that, that will be huge, especially in this transition process. But if she wants to do it, then she'll want to figure out how to make that modification. How old is she, Jason? She's 44. 44, okay.

So she still has some years we've been married 20 years and you know we've never dealt with anything like this yeah thankfully applying their principles you guys teach and mr ramsey teaches we're we're in good shape um the second thing i wanted to add real quick if i can we have a 401k that we have invested specifically the way Dave has said, gross stock mutual funds, long track record. We've done that for years and it's done very, very well. What do we do with this thing now? Should we sit on it for a couple of months and let the smoke settle? What do you guys recommend? The first thing I would say is to contact one of our SmartVestor pros because they'll be able to tactically help you walk through tangibly all of these changes. But

traditionally, I would say when you leave a company that you would want to roll your 401k into just a traditional IRA. If you guys can pay the taxes on it, you could even do a Roth IRA at that point. But again, a SmartVestor pro can definitely walk through all those details. Yep. And that, thanks Jason. You know, he brings up an interesting point and I guess I've thought about this, but not just in depth is, is that shift of people that are leaving their jobs, changing careers for whatever reason, it could be anything. But how much we do find and value, especially if you love your work and your job, who you are in it. And then there's that mourning that takes place, especially if it's a decision that wasn't your own or you felt backed in a corner that you had to leave. That is really real for a lot of we only find our identity in our work,

and that's a dangerous place to be because your work can change. Just like even finding your identity in terms of relationships, if those relationships change, there's a danger in our only source of identity falling there. But then we can swing to the other extreme of saying, well, I don't find my identity in anything that I do. It's like my identity is in Christ and it's just that simple. And that sounds nice, but there's a very healthy, normal level of identifying with the work that you do every day. If you spend 40 plus hours a week of doing anything, you're going to find at least a part of your identity there.

And I think as long as you hold it with open hands and understand this is something that I do, it's not who I am. But because I do it so much, I do identify with that. I do pride myself on the work that I do. Or, you know, you've been with this company 17 years, like that that's a big part of who you are. Anytime you invest a lot of time in something, a job, a relationship, anything,

it does become a part of you. And when that changes, if it does, there is a little bit of mourning. And so I think we have to figure out what that healthy balance in the middle looks like of, yes, we're going to find a little bit of our identity there. Like I identify as I'm a runner. You know, it's like I don't. You identify as that. I do not.

And you don't really mourn the loss of that. No, I don't. I quit marathon training two weeks in. I was like, heck no. This is stupid. But there's a healthy amount of that. There's a healthy amount of holding with open hands and going, yeah, this is part of who I am in a healthy, normal way. And at the same time, it's not only who I am. And so I think we need to just acknowledge that because when you're going through a change or losing a part of yourself,

yeah, give yourself some grace in that transition in that morning because that was a big piece of who you were. And it's okay if that changes. And I think that there's not, you know, there shouldn't be shame or embarrassment either to have those feelings. I love that even Jason pointed that out about his wife because I think sometimes we can be in the mindset of like, just, you know, pull your bootstraps up and just charge.

No, there's a big part of your life that is shifting and changing and if that's hard and sad, then let it be for a little bit. So that's great. Awesome. Well, Christy and I, again, are happy to be here answering your questions, you all.

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Today's question comes from Daisy in Tennessee. I work full time and also have a side business that I've worked hard to build. It's grown to the point where it's becoming hard to manage my time and I've not done a good job of serving my customers, which really bothers me. I've been praying about working on my business full time and leaving my current job. How do I overcome the fear of leaving a great job and benefits? So I love this question because it's really common. And anyone listening right now that has a side business, maybe you have a side hustle,

maybe you started it just to work on your debt snowball faster. And as you're doing it, you're thinking, wow, I really love this. It gives me joy. I'm passionate about it. What if I did this full it. What if I did this full time? What if I could quit my full time job? Well, the thing that we tell people all the time is we don't want you to walk out on your steady paycheck tomorrow. I don't want you to have this Jerry Maguire moment where you grab the goldfish and say, who's with me? That's fun in the movies

and not fun in real life. Nothing will make your dream a burden like having the money being the driving force where the money is not there. So here's what I want you to do for Daisy or anyone. Daisy, one of the things that you said in your question is that you've grown it to the point where you're spending a lot of time on it, but you didn't mention how much money you're making in it. And I'm not as interested in how much time you spend on it as I am how much money you're making, as long as that time converts to dollars you're bringing in. And so what we tell people to do is you need to build up your side business so much from a financial standpoint, the revenue, the personal income standpoint, that it can support you. Now, let's say, for example, that Daisy is working a full-time job and she makes $60,000 a year.

And her side business, she's built it up to $30,000. Well, it's not the equivalent of her full-time job. But if she could make some cuts in her budget and her expenses and live on $30,000, then Daisy, you can quit tomorrow. Because the money is there to support you. And the more that you work on your business, the more you could get that personal income up even to be $60,000 or more. But the money has to be there.

So the way that the analogy Dave Ramsey uses is you want to pull the boat close enough to the top dock that when you step in the boat, it's you don't fall in the water. And so the idea is like, how do I make the leap? How do I make the leap to full time? I don't want you to make a leap. I want you to make a step.

When you take steps, you don't fall as much. It doesn't hurt as much. And so build up that business enough, Daisy, where that income from the business, you can live on it. And then when the money is there, then yeah, you'll still feel a little scared because it's new and different, but you at least have proof. Hey, I have the income to support me. I'm going to be okay. And Rachel, we get calls like this on

the Ramsey Show. I've noticed there's a pattern where sometimes people call in and they're like, I'm scared to pay off my last debt, even though I have all in and they're like, I'm scared to pay off my last debt, even though I have all the money in savings, or I'm scared to spend this money on this car, even though I have the money. Sometimes there's an irrational fear just because it feels risky or new or different. The numbers don't lie. If the numbers are there from a savings account standpoint, from in your case, Daisy, from your business standpoint, you know that even though it's scary because it's different, the money is there to support you. And that's why we teach what we teach, so that the money can support you.

Yeah, the numbers don't have feelings. Yeah, they don't. They will show you and tell you. And sometimes we let that fear and those emotions get in the way. Yeah, and if the money's not there, you're not ready. Yeah, absolutely. Build the money up. Yeah.

All right, we're going to go to Mike in Lexington, Kentucky. Hey, Mike, welcome to the show. Hey, can you all hear me? Yeah. Yes. What's going on? Hey. So, question.

My fiance and I are going to be getting married. We both currently own our house. We each own a house. But neither of us are really set on moving into one another. We see ourselves buying a new house where we start our family and that kind of stuff. Um, so my question to you all is, is it smart for us to keep one of our houses as an investment property? We both are debt free besides our mortgages and sell one house, um, to help, you know, put a down payment on the next one. Um, or is it dumb to have two mortgages? Neither of our homes are paid off yet. We both, again, are debt-free and have good income, stuff like that.

Yeah, that's great. Great question. And I'll tell you, Mike, from always sitting in the seat that I'm in when I hear real estate questions, I have my husband and my dad in my head because they love real estate. They love passive income. This is like their bread and butter. They love it. So my answer I'm telling you comes from someone who is in a family and married to someone who loves real estate. But when it comes to investment properties and expanding past just that 15% of your income into retirement on Baby Step 4, we really want you to be in Baby step seven when you go to look at rental properties. And I know that's not the answer you wanted

because you're like, we have stable income. We're good. I know you wanted me to just be like, yes, you can keep one. And I understand even mathematically, you could look and say, yeah, I mean, it should work with the math. But what you have to remember is that life happens and the two mortgages.

And if you don't have a tenant in the house or if something breaks, I mean, it's just this level of risk at this point. And so you guys, uh, you're in an amazing position. I mean, you guys don't have consumer debts. Uh, you both own homes. So even selling those in this market today, if that's what you're choosing to do, to go buy something else, you should have great equity. But my question would be, why not just live in one of them and sell the other? Well, we've thought about that, certainly. But both of our houses are small.

And if and when the time comes for kids and dogs and things like that, we have less than 1,000 square foot in our house. Okay, okay. So we're just thinking more down the road when that comes kind of deal. Absolutely, and I think that that's wise. But I would encourage you guys at this point, especially since you're going to be newly married, to maybe just say, hey, for a year,

we're going to just live in one of our homes and just kind of let the dust settle, get marriage worked out, get all this kind of in a more quote unquote stable position because of a big life change like marriage. And then maybe it's, I don't know, fall of 2022 and you say, okay, we're ready for a bigger place. And then you choose to make that leap to something brand new versus just living in one of yours just as an idea. Because you guys aren't, you don't have to have something bigger right this second. I mean, if you were expecting or something like that, I could see that.

But even just being in one house just for a little bit, I don't think is a bad plan at all. Well, and one of the things that that will give you, Mike, is it will just give you perspective of that first year of marriage. Because when you get married, I remember the first year of marriage with Matt, we learned so much about each other and how we lived and how responsible. There's a big learning curve of merging your life with someone else. And what's so interesting is in a year, you guys may know more about what you want, what neighborhood you want to be in, what you want in a house. And once you've lived together, talk about some of that stuff.

You could guess now, but you'll really know after a year of living together. So it definitely can't hurt. And the other thing that I just would remind you, Mike, is a lot of times we'll have this question of, should I do this? And it's just because you're sort of inheriting a situation. If you would not set out to go buy a rental property to become a landlord your first year of marriage, then you're not going to keep that situation in which puts you in that situation. Sometimes we just want to keep it because we're already there. If you wouldn't go do that today then it's not the right thing yep so i'd live in one of the homes sell the other one and then here in about nine nine to twelve months look to sell that and move up in house if you guys want congratulations my two marriage is awesome we're're excited for you. This is The Ramsey Show. so Welcome back, America.

This is Rachel Cruz and Rams Personality and best-selling author Christy Wright. You can give us a call at 888-825-5225, and we are answering your questions. All right, up next is John in Grand Rapids, Michigan. Hey, John. Welcome to the show. Hey, good afternoon, ladies. How are you? Doing great.

Talk me help. Hey, got a question for you. I was planning on going on a vacation this weekend and just had an emergency arise today that's going to probably take half of our emergency fund and we're thankful we have that but I don't know if I should cancel this vacation and you know go back to stockpiling money to rebuild our emergency fund or worry about that when I get back. Great question. Was your emergency fund more on the six month end of the spectrum or more like the three month before the emergency? It was closer to three. It was probably three to four. Three to four. So it cuts it down to what, probably

a month and a half of savings? Yeah, about that. We don't know for sure. I made a really bad judgment call and drove my tractor over top my septic tank and fell through it. Oh. So we have to get a new septic tank put in. Oh, gosh. Are you okay? Are you okay? Yeah. Yes.

Yeah. No, no, no. Everything's good. Except the septic tank. That sounds scary. Except for the septic tank. Oh, man. And the vacation, tell me a little bit.

Because, I mean mean it's this weekend it's in like 48 hours right yeah i'll be leaving early early saturday morning okay what what does it entail it's all family i'm just nope it's just me i'm going by myself i plan to trip up to the upper peninsula michigan just to go do some photography for four or five days gotcha um it's fairly cheap you know three on the low end, 500 on the high end is how much I'd spend on the whole trip with gas and everything. Yeah, and how much do you make a year, John? Household income is about 85.

85. You know, I always have Big Dave in my head sitting there. I was like, you've got two spenders giving you advice right now, John. I was like, listen, John, honestly, I mean, again, if you were going to be spending $10,000 going somewhere super fancy and all of this, I would probably be like, let's pause. But $300 to $500 with your income, everything, I mean, I think you're fine going. I mean, I would focus in on when you get back, yeah, bumping that back up. But to build up that emergency fund, you can do that in three or four months, focusing all your efforts. Now, I will say this, though, John.

It is a vacation. It's not a – I always feel the pressure that if it's a vacation that you can't cancel because of a hotel policy, if there's family, if other people are involved in the plans, that's a harder one to just flat out cancel. This one is just you. So if you did want to press pause and go in two months, you could do that and probably be on the safe side. But because it's not a huge dollar amount and you still have around a month and a half, two month buffer there, I'm okay with it. And we tell people, once you're debt free, like, you know, yes, you want to build that emergency fund fast, but that's when you're able to

kind of celebrate and enjoy life a little bit more. Yeah, I think for me, the dollar amount is what is the determining factor. Like, I don't know what Dave would say if he were here. If he were here, he might be like, no, don't go. But Dave's not here, John. Dave's not here.

Me and Rachel are your friendly spenders just giving you advice. No, I mean, seriously, it's negligible in the grand scheme of the emergency funds you already have and the income that you make. And it's in two days. Go take some pictures. Enjoy your photography. I don't think it's a big deal. If you want to cancel it, you can. It's not a big deal either way. But I think if you want to go, you can start building that emergency fund right back up when

you get back the fact that you're even calling shows that you're cognizant you're you're a saver you're doing great yeah uh but yeah i don't think it's a big deal if you go and consult your wife and if she's feeling uncomfortable then i would i would add that in there too but john i think i think you're i think you're good again, only because you have still some emergency fund. It's not a huge dollar amount, and your income is $85,000 a year. Yeah. I think you're going to be okay. It's not going to make or break.

This vacation is not going to make or break your emergency fund. That's right. Or your ability to build it back up. That's right. All right. Up next is T. Shaw in Wichita, Kansas. Hey, welcome to the show. How are you, ladies? Great. What's going on?

Good. Well, my husband and I are kind of in the middle of trying to make some decisions as far as what it is we want to do with our lives as far as if we move and potential career changes if we decide that we want to go that route. And really, my question is, you know, how do you go about discussing those decisions, you know, full-time parents, full-time jobs, and then you get home, you're exhausted, and you're just kind of overwhelmed with everything coming at you in life? Because I feel like we've got it coming at all ends. Yeah. Well, tell us a little bit more about your situation. What do you both currently do for work and what are your kids' ages and how many kids? Give us a little bit of a picture of what we're talking about here. Okay. So I'm a financial spreads analyst for a bank and my husband is

a heavy equipment operator and foreman for a construction company. So both very solid, essential jobs when it comes to that. And our children, the oldest is three years and the youngest is just 10 months. So they're very active, going to daycare full time. Of course, I want to be a stay-at-home mom. I never thought I would say that. You know, and there's just everything going on has made me just kind of want to go home and squeeze my kids and just not even worry about work the next morning.

You know, there's been a lot going on in the community, you know, that just makes you feel like life is just way too short to be focused on a career. Yeah. So Tisha, is your goal here to shift out of working to be that stay-at-home mom? I would like to. Yeah. I would really like to do that. I don't know if that's possible.

Yeah. Are you guys on a budget? Baby step two. You're on baby step two? Yeah. We're on baby step two. We have about $85,000 in debt and we bring, depending on my husband's job annually, both of us household income is about $80,000 to $90,000 a year. $80,000 to $90,000 combined? Yes. Combined, okay. Well, this is, I mean, it's really a value system kind of conversation.

I mean, obviously the math, when you're looking just strictly at the money on the piece, you know, the seat that I sit in, um, to get you guys out of debt the fastest and to get yourself in a stable position. Um, I mean, you guys, you know, if you really buckle down, you could be, you could be out of debt in two and a half years if you really just cut everything. Um, or you could just map it out and say, okay, if we, if I do quit and I stay home and this is cut by how much, how much do you contribute to the 80 to 90,000? Half of it. Okay. So it goes down to 40, 45,000.

Um, and what does that look like? And so, um, for some people it's worth it. Some people it's like, yeah, we will, um. I'll figure out a way if I can make money from home because my number one desire is to be with my kids right now. And that's all I want. Some people say, you know what, I'm going to sacrifice that longing for just 48 more months or 24 more months and do what I can to get this debt out of the way. But again, I think it's a values conversation between you and your husband and what you decide. But this debt is holding you back. And that's one of the reasons we talk so strongly about this,

whether it's student loans or car loans. It's like this culture, you're working to pay bills and that sucks. That's the miserable part of all of this. Tisha, you said you're working to pay bills and that sucks. That's the miserable part of all of this. Tisha, you said you're a financial analyst? Yes. I think that you can look for something else.

I think that you can look for something else and work from home. There are a bazillion work from home jobs. You can be making more than you're making right now with your skill set. You also could start a business if you wanted to. If you'll stay on the line, I'll have Kelly send you a copy of my book, Business Boutique, because while that's a plan to start your business,

it also might just give you your idea for what your business is. But I think you don't want to walk out tomorrow, like we said, but I do think you could start to look at something that could still get you out of debt, but help you be home a little bit more. Absolutely. All right. I want to thank our producer, Ben Hill, and associate producer, Kelly Daniel, and you, Christy Wright, for co-hosting the show with me. So fun. And this Have a friend or family member that needs a daily dose of Ramsey advice in their life? Let them know about the Ramsey Call of the Day podcast.

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