The Ramsey Show - App - How Do We Evict Family Members? (Hour 3)

Episode Date: August 15, 2022

Dave Ramsey & George Kamel discuss: The power of fathers with Dr. Meg Meeker, Dealing with tenants who need to be evicted, What to do with a pension. 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 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Live from the headquarters of Ramsey Solutions, it's the Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. We help people build wealth, do work they love, and create actual amazing relationships. George Campbell Ramsey Personality is my co-host today. And joining us in the studio, one of our great friends, Dr. Meg Meeker. She is the author of the book, Strong Fathers, Strong Daughters, if you all haven't heard the story. A while back, I was in a group of men, started as a Bible study and deteriorated into a book club.

And we were reading through different books and one of the guys in there brings this book in there called strong father strong daughters now at this point my daughters were already grown i read this book and it is such a powerful statement on the importance of dads in their daughters lives and time and time and time again. So I immediately, once I read it, I just got blown away and I reached out and I didn't know that Meg and I were actually brother and sister.

We found out later that we're way too much alike. And, you know, that was, I don't know, what year did that book come out? A long time ago. I'm thinking 04, 06. six yeah so we've been we've been friends almost 20 years then and uh so meg has done speaking with us on smart conference uh she's been on this show multiple times speaking on the subject of parenting in general meg's a pediatrician in traverse city up in michigan has been by practice but also has become a best-selling author, many, many best-selling books. Strong Fathers, Strong Daughters continues to be an explosive subject and now has been made into a movie. Congratulations. I haven't had a

movie made yet. That's a big deal. You'll get there. So I beat you at one thing there you go no competition none whatsoever it's thrilling you know i had nothing to do with it of course it's a god thing but um they a number of years ago pureflix bought the rights from the publisher and i thought oh yeah yeah and then all sudden a year ago they said it's going to come out as a movie and i said oh yeah yeah and then august 1st it came out and it's really good and it's really good see that's the important thing i mean they didn't mess it up well you know i was nervous i bet yeah because my name's all over it yeah and your best known title is on it exactly um but but i was i was thrilled when i actually saw it because it's cute it it conveys the message of my book pretty well.

And it shows my book in there. And it's a real shot in the arm for dads. And you know me. I am so pro-dad. My mission in life is to encourage fathers because they get zero. And so I think the movie accomplishes that, and I'm thrilled. Did you get to be an extra in it? Did they let you?

I wouldn't even if they did. That's not my thing. Why? You could have at least had a cameo. Just on a walk by. That would have been amazing. Well, did you get a say in the movie, Meg, of how it was portrayed?

Yeah, I did. So they showed me the first manuscript, and I said, I don't know, could you make some changes? And they did, and then I signed off on the final one but I couldn't I couldn't choose the actors or anybody but yeah you weren't in charge of casting so how do you how do they watch it pure flicks how they watch it go to pure flicks.com and they can watch

the trailer which is cute and then the whole movie and I really encourage people to watch it it's light it's not heavy you know and now everybody hears so much bad news. It's a sit-down, feel-good movie, and it encourages dads. So if they know a dad needs a little encouragement, what dad doesn't. That would be all of the people who are dads. In a culture who has completely devalued fatherhood. I don't think of anything more evil than a dad out there in the culture right now. Exactly. Exactly. Not only not encouraged but discouraged and that's why i do what i do

and i will do it till i fall over um because dads getting dads engaged in the family is i think the most important thing we can do in our culture it would solve so many problems so financial social psychological you know in in families and their kids lives and i'm just so passionate about that so you got questions on parenting we've got dr meg for another segment you can jump in right now at 888-825-5225 any question on parenting is open 888-825-5225. Any question on parenting is open. 888-825-5225. She's our resident parenting expert, although she's not resident, and we're just glad she's with us today. So 888-825-5225. Austin's going to open up a couple lines and make sure that you guys can get through with those, because we've only got her for one more segment to do that. So you think they represent the book

well? I do. You know me. i'm a little intense i i don't know anybody like that this is why our kindred spirits a little bit a little bit we have some of the best arguments on the planet and i always win and you always i always win that's hard don't no it's easy to possible so uh i'll let you win this argument for today the uh whatever it is but what i was going to say is i would have made the book a little more serious a little more the movie the movie a little more serious a little more intense but it probably wouldn't have sold if if i did it so they they lightened it up but they did they they you know communicated it's got a good story arc very good story story. Yeah, that's good.

That's good. Okay, so for the ones that have never heard of you or this discussion before, we're acting like everybody knows what we're talking about. The data that is in the book, Strong Fathers, Strong Daughters, is irrefutable on the evidence of girls, ladies end up this, this, this, and this, and this more often if dad is involved or dad's not involved. Rattle off some of that. Girls are more likely to graduate from high school, more likely to graduate from college,

less likely to have depression and anxiety, more likely to be successful in life. You name it. Girls are better off almost twice as good. They do twice as well in life. Unwanted pregnancies less. STDs are less. STDs are less. And this is very- I mean, this is data. This is not your opinion. No, no, no, no. It's data. Tons of research. Well, and that's why, you know, when people come out in the public and they say, oh, kids don't need a dad. Well, look at the research. How can you just say that it's all wrong? So as a physician, you know, everything I write has to be medically backed with solid medical evidence. And that's exactly what I

do in the book. I don't just come up with ideas and sort of tell anecdotal stories or make things up. Sounds good. I really write things based on medical research. And, you know, it's really just gotten more and more and more problems with kids. You see the explosion of depression, anxiety right now in kids. You know, that was much worse today than it was 10 or 15 years ago.

So I really believe that the message in my book is more important today than it was 10 or 15 years ago. So moms are important too. Very important. But they have a very different role. And we're not willing to say that in our culture. We're not willing to say a boy's a boy and a girl's a girl. But a mother's a mother and a dad's a dad.

Dads bring something very different to the family than mothers do you know mothers are the the comfortable um cozy warm emotionally connected and dads are the authority and dads have an authority in a daughter's eyes that mothers don't nobody wants to say that but it's true in the daughter's eyes. Yeah. And the ability to speak life. Exactly. From that authority is very, very important. Change your life. Yeah. Very cool.

Dr. Meg Meeker, the book is Strong Fathers, Strong Daughters. It's now a movie on Pure Flix. Back with your calls and questions for her and George's as well. The phone number, 888-825-5225. george camel ramsey personality is my co-host today. Dr. Meg Meeker joining us, our good friend and author of the book, Strong Fathers, Strong Daughters. If you want to talk to Dr. Meg, call us at 888-825-5225. James is on the line in Mobile, Alabama with a question for Dr. Meg Meeker. Hey, James, what's up?

Hey, nothing too much. How are you doing? Great. How can we help? Hey, I have a question for Dr. McMeeker. Hey, James, what's up? Hey, hey, nothing too much. How you doing? Great. How can we help? Hey, I have a question for the doc. Adopted a newborn at three days old. Should I tell her she's adopted? If so, when? Yes, you need to tell her she's adopted because she will find out.

And if she finds out when she's 20 or 25, she's going to be very angry with you because she'll feel like her life was a lie i would tell her fairly early on when she can understand three or four years of age and what you say is you were so special that mommy and daddy picked you out and we brought you home because we loved you. You're chosen. You're chosen. We're all adopted. And yes, be very forthright. Answer questions.

Don't hammer her over the head with it. But yeah, you'll have a much better relationship if you are honest with her. She's 15 now and she's going to be 16. So handle it the same way? Yes. Does she know she's adopted now? No, she don't know. That's what I'm saying.

She don't have any idea right now. Oh, and she's 15. Yeah. So would I handle it in a different way? Have I waited too late? No. No, no, no. It's never too late.

But you go and you say something like this. You know, honey, I probably should have told you when you were earlier. I didn't know what to do. Never had an adopted child. But I need to tell you, you were adopted. And, you know, and this is what happened. And here's how you were chosen. She's going to be mad because you've sort of in her mind lied to her all these years.

But that's where you ask her to forgive you for not knowing what to do and not having told her sooner. But she'll be okay with that. I have limited experience because I've had two daughters. But every 15-year-old daughter I've had was a drama queen. So you expect some extra drama because of her age. Yelling and crying and screaming. It's okay. It's okay.

Let her do it. It's not going to be easy. But nothing's easy when you have a 15-year-old daughter. So there's just everything that goes with that. Okay, and if she wants to meet her parents, do I try to find them, or would I handle that? I would say, why don't we wait a while? It's your choice. You sure can meet your parents, but I think it's good to wait until you're 18, a little bit older, and do that.

If she's really insistent on meeting her parents, yeah. But with close adoption, I don't think you can until the child's 18. That's my understanding. Okay. But, yeah, all I'm doing is just being dad here. I don't know what I'm talking about, but I would expect an initial blowup, but if you don't make a bigger deal out of this she's less likely to

this is just a matter of fact low key thing we loved you so much we picked you out we chose you I kind of think I probably should have told you earlier but I didn't know what to do I've never been in this situation before it's a new thing for me so I'm sorry for the emotions that you're going to feel

for this but I want to let you know we picked you out you're chosen you didn't this, but I want to let you know we picked you out. You're chosen. You didn't just, the stork didn't choose you, and so we did. So you're special in that regard, and I hope you see it that way, honey, and I know you're going to go through a series of emotions about this, and I'm going to be there with you because I'm still your dad. Right.

Okay, one last question. Since school just started, should I wait till a holiday or let her get adjusted to this beginning of the new school year or just go ahead and do it now? I'd let her get adjusted. What grade is she? Well, she's doing the dual enrollment, so she's going to college and high school at the same time. Yeah, she's got a lot on her plate. I'd wait till her life kind of settles into a new rhythm you don't want to have too many changes at once i mean you've waited this long what's waiting a few more months yeah hey let me tell you something dude okay she's gonna be okay you know what i know she's got a great dad the questions you've asked tell us how plugged into her you already are yeah she's

got a great dad she's going to be okay she is going to be okay and you are a great dad you know just calling in and asking and being concerned that's the most important thing yeah i mean i i honestly wouldn't have thought of that question like i mean what to wait till things calm down i'm just like well you know get her done i mean you you know, I mean, he's actually has a feeling or two. Dave's telling a one-year-old. Listen, son, this is what happened. Well, I mean, and, you know, now it's grandbabies, so we just hand them back if they're crying, okay?

Go see your mom. You're messed up here. I can't help you with this. You're a great dad. I've watched you parent. You're a great dad yeah i've watched you parent you're a great dad yeah i'm a better granddad though all men are all men are so is my husband yeah my daughter's like who are you what did you do with my father exactly yeah we get 20 years experience then you become uh you get it you get it figured out so let's go back to what we're

talking about before the break. Number one, you've got the master class now on Strong Fathers, Strong Daughters. Because the book Strong Fathers has been a bestseller, like we said, for over a decade, almost two decades. But a lot of the things you get with that book, same things I get with my books. Okay, now I get it, but what do I do? What do I do? Exactly. Like financial peace, the book was here's what to do, or here's the stuff. And then everybody's like, well, what do I do? What do I do? Exactly. It's like financial peace. The book was, here's what to do, or here's the stuff. And then everybody's like, well, what do I do?

So I wrote Total Money Makeover, and then Total Money Makeover is the what to do book. Exactly. And it is the biggest seller I've ever had. Yeah, because you need step-by-step instructions. That's what you do with a master class. That's what I do with a master class, Strong Father, Strong Daughters master class. And it's me going through every chapter of the book and his videos. I summarize the chapter, and then I say, here's what you do from this chapter. master class and it's me going through every chapter of the book and his videos i summarize

the chapter and then i say here's what to do from this chapter and then chapter two and then i have downloadable one page help so it's very short it's quick it's easy and i just found so many men asked for it they read the book and they go this is is great. But, you know, literally tell me what I need. I'll need instructions. That's me, I need instructions. Yeah. Just tell me what to do. But when it comes to a man, you know, dad's trying to enter a daughter's world,

they're like, I just don't know. I mean, people say, you know, what do I do with my daughter? And I'll go into this philosophical. No, what do I do with her on Saturday? Because I have her Saturday. I don't know what to do. So anyway, and this is it.

This is a step-by-step instruction of here's how you work out what I talked about in my Strong Fathers, Strong Daughters book. And people from the Ramsey listeners get 20% off if they use your name, coderamsey, at meekerparenting.com. I've become a code. Code Ramsey. That's all you're good for, Dave, is a good discount. I'm there for you, man. We're excited about it, Meg.

That's awesome. Thanks, George. I'm going to help a lot of dads out there who are going, what the crap do I do? I hope so. This is really, really good stuff. All right. In just a few moments that we got left,

I'm thinking that I remember us talking on the air one time, and it was really poignant. Moms seem to naturally understand the power of physical touch. And I remember I was doing youth work one time, and I was reading a book on youth work, and it said when you have teenage daughters, if dads, if you don't give them hugs, someone else will. That's right. That's right.

You know, and fathers will say, well, my daughter doesn't like me. She doesn't want to hug me. She pulls back. Of course she does because she's very uncomfortable about who she is. It's not about you. The time when a daughter pulls back, you need to move in. You need to touch her. You need to move in. You need to touch her. You need to hug her. You need to show her affection. She wants it. She needs it.

And absolutely right. If you give it to her, she's not going to go looking for it. And she will look for somebody to give her affection the way you did. If you are respectful and loving and kind, guess what kind of boyfriend she's going to choose? You know, the first time she is dating a guy and he's not like dad, out he goes. And dads don't realize that you're the standard in our minds for how we're to be treated. So if you are respectfully showing affection and love to your daughter she will expect nothing less when she dates or goes to marry somebody now it helps her pick well does yeah and how you treat your wife men absolutely they're watching more is caught than taught yep to quote rachel cruz there we go good stuff dr mcm. McMaker, appreciate your friendship.

Appreciate the work you do in this nation. The book is Strong Fathers, Strong Daughters. It's now a movie on Pure Flix. And the master class is at meekerparenting.com. Use the code Ramsey for $30 off. Thanks for hanging out. Thank you, Dave. សូវាប់ពីបានប់ពីបានប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពីប់ពី George Campbell Ramsey personality is my co-host today as we answer your questions about life and money parents there's a lot you can't control you can't control inflation you can't control the economy sure as crap can't control Washington but you can control how you teach your teens

to face this stuff and sooner or later they're going to face it. And the earlier they learn, the better. The best thing you can teach your teen this year is how to handle their money the right way. Things like how to budget, how to save, how to spend wisely, how to be outrageously generous. Foundations in personal finance is our high school curriculum that is also now a homeschool curriculum. It's in 48% of America's high schools. It'll give your teens the tools they need to win with money, to pay cash for college, stay out of debt, build wealth, be generous. It's not just another homeschool curriculum.

It's completely changing how teens think about money, and it can change how your teen thinks too. This year, you can give your teens the money skills they'll need now and for the rest of their lives foundations and personal finance to learn more go to ramsey solutions.com slash homeschool and george we're seeing a number of people now on the debt-free stage doing their debt-free scream it says you know dave back in high school i went through foundations and personal finance does that make you feel old george that was not the point okay but the impact is amazing and i get instagram messages of people you know teens going i just

finished the curriculum thank you guys so much it's going to set me up for success i'm going to go to school debt free i've got my emergency fund and i'm going these kids are doing better than most adult americans it's amazing yeah which is a fairly low bar but they are they're doing much better point yeah but i'd love to see the impact on this next generation. Check it out, folks. 888-825-5225 is our number here. Lines are available. Charles is with us in Orlando.

Hi, Charles. Welcome to the Ramsey Show. Hey, Dave. Thanks for taking me on this afternoon. Sure. My question is regarding my parents. My parents back in the 70s purchased a home with my uncle. So three of them were sole survivorship. Since then, my, my, my dad passed in 2010. My uncle just passed in 2021. And now my mom has rights of survivorship over

this house. The problem is, uh, my cousins live in the house and they're just giving my mom a hard time about moving out. And so I think this is more like a moral question for my part. Should, should, because the Bible says not to, you know, not to argue with your, within your families and to, you know, to agree quickly with your enemies, things like that. So my question, I have an influence over my mom. Should my mom pursue the eviction? Because she just wants to sell the house. She wants to, you know, just hard. Yeah.

Well, you're sweet people. You're kind people. And when the Bible talks about agreeing quickly or uh going along there's another scripture that says uh as so so far as you are able to work along with people i mean there's a whole there's a less parrot talks about it's the verse with the most qualifiers of anything in the Bible, but, you know, as much as you are able, and in this case you may not be able because, you know, you can't get along with someone who refuses to get along. And so the Bible does not require that we are doormats, it just requires that we're kind when we're strong. There's a difference. And so some strength is needed here how old is your mom she's 83 okay

so what you have here is you have cousins that are taking advantage of a sweet old lady and so your mom doesn't need to handle this you do with your mom's with your mom's permission it's not fair to her at 82 years old to have to deal with these characters and these people are characters they are not entitled to this house are they no you know it was a contract my uncle did with my mom yeah my dad you know you couldn't have bought that house without my mom's and my dad's assistance and it was left with survivor intentionally so your mother is 100 owner of the house yeah yeah so regardless of how we got here boys and girls mom owns this house 100 percent

and she has and that does not there is no obligation anywhere written or unwritten said or unsaid that allows you guys to get to live here for free. Right. So you don't. Yeah, so you don't. So here's what we're going to do, okay? You guys are going to start paying rent, and you're going to maintain the property, or you need to make arrangements to live somewhere else.

It's up to you. And we'll give you a little time to get all that done but um this is ending yeah and i we know how much time do you need i mean let's give them three months i don't care it's been years yeah it's been eight months already since your uncle died it's been over 18 months since my uncle died it's been eight months since we told them. My mom said, okay, we're selling the house and getting notification. They were paying rent for almost the whole year last year. Oh, okay. Okay, I've got a different story.

I'm sorry. No, no, no. I didn't explain it correctly. Sorry. Your mom wants to sell regardless. She doesn't want, even if they paid rent, she wants to sell this house and be done with it. Okay, so they just need to move. Yes.

Okay. So here's the deal. You know, what I would do is just jump on the phone with them or send them a text if you want and say, listen, I've been talking to mom about this. Here's what mom says we're going to do. And I'm giving you just as a cousin, as family, you know, what is this? This is August 15th, okay?

So here's what's going to happen, all right? You are going to be out of the house by September the 15th, 30 days from today. If you are not out of the house and it's not in good condition when you leave, then we're going to have our attorney evict you. We don't want to do that. Please don't make us do that. Let's just conduct this business and let's conduct our affairs with class and if we can help you in some way we will let us know how we can help

but uh september the 15th the house needs to be empty and clean and if it is neither we're going to have to take other actions and i'm not going to negotiate or argue with you about this. This is a statement of what is going to happen. If you are not gone by September the 15th, the next letter you get will be from our attorney. So please don't make us go to that expense and please don't let this go into the courts. It's silly to do that. And just be kind and firm and this is what we're this is it's just very matter of fact low-key no drama don't get into the argument of who shot john and 14 years ago somebody said the

bedroom was supposed to be pink or whatever the crap family stuff brings up right i don't know yes yes sir because they do they want to go back they want to circle back around chase their tail again right yes sir yeah so just don't feed into the drama so what do you think the probability is that when you call them to say september 15th to date and i'm gonna follow that up with an email or a letter or whatever you want so you'll have it in writing uh what do you think the probability is they're gone for you have to evict them zero that's what i. Because I think they're entitled little jerks. And I think they have a right to something that they don't have a right to. They're ignorant.

And so I'm afraid they're about to learn a lesson. So go ahead as soon as you make the phone call, because I'm in agreement with you. I think this is what's going to happen. Go ahead and find a lawyer and get the gun loaded, so to speak, to where it doesn't take 30 more days screwing around. All right. Go ahead and start, you know, get everything moving to where on September the 15th the thing's already in motion.

Yes, sir. And whatever notice in the house in Florida? No, the house in florida no his house is uh it's a it's up uh northeast northeast what state uh new york state oh okay yeah uh you probably got some different laws there man so you may have to give me the lawyer may have to give him a formal 30 day notice after this it may take you you until after Christmas to get them out. Right. In some states, it could be 30 days. But I doubt it in New York State.

I suspect you probably got a process there that's going to make you gag. But it's okay. Just walk through. And here's the thing. Set the timeline in place and then push every button on the timeline. Don't let the can get kicked by anybody. No can kicking. Everybody's going to go exactly where they have to go

because these kiddos ain't leaving unless you make them. This is The Ramsey Show. Teksting av Nicolai Winther Our scripture of the day, Proverbs 16, 3, commit your actions to the Lord and your plans will succeed. Thomas Jefferson said, I find that the harder I work, the more luck I seem to have. Einstein said, hard work always comes dressed in overalls. Luck always comes dressed in overalls. That's what it was. Luck always comes dressed in overalls.

Einstein and Jefferson and Proverbs all saying similar things here there you go that's how it works all right Bailey's with us in Green Bay Bailey how are you good how are you better than we deserve what's up great thanks for taking my call I have I think a common question but maybe it's a little different I'm moving jobs's a little different. I'm moving jobs to a different company, and I'm currently vested at my company. And as I move, I'm wondering if I should take my money with me or leave it with my company. And if I take it with me, I don't get to keep the employer portion. I only get to keep the portion I have put in. So that would lose me about $30,000. But if I leave the money there, I can take out the entire portion once I retire. So what should I do?

It's a pension plan. It is. Yeah. Okay. So when you die, a pension plan evaporates right it's worth zero i think so oh i know so and uh a 401k or an ira or roth ira and mutual funds 100 survives you again goes to your heirs. Are you married? Yes. Okay. And if you had kids, that kind of stuff. All right. Now, so how much is the pension plan? How much will it send to you after they take out the $30,000? About $30,000. Oh, so it's 100% you're losing.

Or 50% you're losing. Wow. Mm-hmm. Okay. How old are you? 29. Okay. So if you invest $30,000 in a Roth IRA in good mutual funds,

or just an IRA in good mutual funds with a rollover to your 401K, which you can do here and you should do, if you do that, the $30,000 will grow to a lot of money by the time you get to retirement. Agreed? Agreed. It will double about every seven years. So if you're 29 and we went out three times a double, it would be 30 to 60 to 120 to 240, 21 years from today.

And so you would be 50 okay uh as it's in the pension it's going to grow at an average of about seven percent which means it's going to double about every 10 years and so it will have gone during that same period of time it will have gone from 30 to 120 so the answer is your you will have a lot more money if you live past 50 in life and in death because the pension doesn't pay much it's paying about seven percent and the mutual funds are averaging between 11 and 12% over the last 80 years. Okay. So if I do take that money out, is it right that I need to pay the taxes? No, you're not going to take it out. You're not going to take it out. You're going to roll it to an IRA in good mutual funds, and there's zero taxes.

Okay. It doesn't count as my taxable income? No. Not if it's a direct rollover. And's no penalties the direct rollover so what you're going to do is go to ramsey solutions.com click on smart investor and get a smart investor pro to help you an investment broker that we recommend okay and get somebody to help you and then you'll fill out all the paperwork to buy the mutual fund in an ira that paperwork goes directly to your old pension you'll need that information they send the money directly

into your new uh into your new ira and that direct transfer keeps it from ever having come to you personally and then there is no withholding and there is no taxes okay you're going to lose the thirty thousand dollar match but you're going to make it up over the next uh twenty years by more than double and um and it survives her now you'll break even in 20 years everything after 20 years if you live longer than 50 years old you're going to have more money at death and more money at life but until then you want to you won't break even because we're taking the 30,000 out because she's actually got 60 in the pension if she stays 30 is all we're working with so i did the math wrong the first time through so we're looking long term here at the perks of this it

takes it takes two decades it takes 21 years with the math i'm doing to do this uh because her 60 will double twice and become 240 okay and then it'll be 120 then 240 it'll double twice but her 30 will double four times three times and then that'll still be there and 30 years from now she'll be real thankful she did that anything after 21 years she'll be glad um or if she does pass away at least she'll have some there'll be real thankful she did that anything after 21 years she'll be glad um or if she does pass away at least she'll have some there'll be something left versus it dying with her and it'll otherwise it'll be worth zero because at death it's worth zero and uh so that that's the difference so usually you know most of these cases that we run out we find you have more in life and more in death both by taking your pension when you

leave. Always take your 401k with you when you leave. Always roll it with a direct transfer rollover like we just described, because you've got more options out there and you've got more control and you'll end up making more money. Even if your 401k at your old place was strong, you still don't have to go back through the old HR. You don't have to go through all that crap to get to your money. It's just moving over here into an ira and you buy the exact same mutual funds even if you wanted to um that were in your old 401k so always take your 401k and almost always take your pension yeah in this situation she had 100 match it sounded like yeah that's the biggest penalty i've heard in a long time for leaving with a pension yeah you have none of it yeah it. It's strange. Well, she's not vested yet.

So, no, she was vested in her portion, but not in the company match portion. Matthew is in Boise. Hi, Matthew. Right quick, what's your question for a run out of time? Yeah, for sure. I have a small farm which we have a mortgage on, and we have about $60,000 of debt separate to that. And my wife and I are deciding whether,

and we're really torn whether to just continue paying everything off and stay in the farm or whether to sell it. And from the equity, have enough to um pay off all our debt um pay off the mortgage and be able to buy a yeah what what's your household income um at the moment it's my income which is about 80 000 and my wife has a business which is debt free but she's been investing all her money back in the business so she hasn't been pulling an income at this point in time okay um you like the farm though don't you yeah it's like it's a really like a love-hate relationship but like some days it's overwhelming it depends on if i'm not tired that day from working on the dadgum thing yeah i don't blame you i get that i have a love-hate

relationship with some other stuff i own um yeah i'm i'm gonna work my way through it it's only 60 000 bucks because i think you really like the farm yeah and i i think your heart would be broken if you sold it now if you told me it was 600 000 i'd probably be dumping it because i think you couldn't afford it even if you like yeah because we're probably yeah we have the debt of six thousand our mortgage is actually about um 327 yeah on it yeah but a 327 mortgage if you live somewhere else would be there too yeah yeah because at the moment i am yeah if we sold it we'd be around we'd be able to sell it for around about a million to 1.1. You can sell it if you want to, dude, but I think you like it. I heard that.

I don't think he has to sell it to pay off the debt. I'm not seeing the numbers here going, oh, my gosh, you sell it today. This is a nightmare. He can pay off this debt. He's just wanting to speed up the process, and I think we can do this. How fast do you pay off 60, make an 80? I give it two, two and a half years max if the income doesn't go up. Two years, $30,000 a year, and his wife's income is going to kick in.

The business is going to start making some money at some point, or she needs to get a job. So, yeah, two years. Two years. $30,000 a year out of $80,000. You're done. Get this thing done. Roll up your sleeves. Stay out of the restaurants.

Quit traveling. No vacations. We're paying off the deal. And keeping the farm. Yeah. It's like a Hallmark movie. We're going to save the farm, Dave. It's a Hallmark movie? I feel like every Hallmark movie is about saving a farm i don't know is it

really yeah see the booth is the difference is the booth and you have actually seen hallmark movies and i don't know i'm surprised sharon hasn't made you watch one uh i have a good wife so there you go that puts the sour of the ramsey show in the books we'll be back with you before you know it in the meantime remember there'll be back with you before you know it. In the meantime, remember, there's ultimately only one way to financial peace, and that's to walk daily with the Prince of Peace, Christ Jesus. Do you love a good day, Brandt? Want to see the latest Ramsey Show videos going viral?

Check out your favorite moments from the Ramsey Show on YouTube. Go watch and subscribe to the Ramsey Show channel on YouTube.