The Ramsey Show - App - How Should I Approach an Ask for a Raise? (Hour 2)

Episode Date: April 6, 2021

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🎵 Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, 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. I'm Dave Ramsey, your host, Ken Coleman, Ramsey personality, host of the Ken Coleman Show, where he talks about career and jobs every day, is my co-host today. And what that means is you can talk about career and jobs as well as money or anything else you want to talk about. We're here to help you with your life. Open phones at 888-825-5225. That's 888-825-5225.

Amit is with us in Buffalo, New York. Hey, Amit, what's up? Hi, Dave. Thank you for taking my call. Sure. How can we help? So I had a question about finances. So I'll explain the situation.

Me and my wife were both residents. My wife graduated residency last year. I'll be graduating this year. So during our residency, we were able, we had whatever money we were able to save.

We invested it. It was a small amount of money, so I was okay doing it. But with my wife getting a new job and me graduating and soon to get a new job, the amount of salary we have, I find it difficult

handling that amount of money. So my question was like, when should I get a new job, the amount of salary we have, I find it difficult handling that amount of money. So my question was, like, when should I get a financial advisor? Because I have talked to a few people, but I just, I'm not able to trust them. But at the same time, I'm afraid handling that amount of money, which I have never seen in my life. Good for you. You're being very wise on a whole lot of fronts. So here's what the mistake that a lot of people fall into, and it sounds like you're starting to,

and it'll solve both of your problems. Sometimes people want a financial advisor in their head. That means they have to take over and run their life, and we have to trust them. Instead, I use a financial broker to do investments with, but I make the decisions. And the way I make the decisions is his job is to present options to me, ideas to me, and to teach me something I didn't know before. And so much like you've studied in your medical career to learn to be an expert in that, you won't have to study nearly as hard on money.

It's not that complicated. But you're going to have to learn a few basic things from a good financial, from a good investment broker or investment advisor. And they say they are advising you. They're not telling you. It's not a babysitter. You're not turning your money over to them and just hope it works out. They're saying this is advice, and with advice means you're going to learn a little bit.

Okay, I don't understand that. And by the way, the rule is you don't work with a financial advisor that doesn't have the heart of a teacher. If they have the heart of a salesman, they're slimy, run. If you feel like you need to have a shower after you met with them, run. And the other rule is don't put money in anything you don't understand. And then you don't end up with being one of those broke doctors. And broke doctors, there's more of those than there are broke musicians.

Right, that's what my fear is, because on your show you say that doctors have doctoritis, you know? They do. So that's what I'm afraid about, that, you know, I responded to the money that I earned, and that's why I'm looking for a financial advisor. But at the same time, I have talked to a few people, and I just have difficulty trusting them with my money. Yeah, you don't trust them with your money. You trust them to teach you because you trust you. Yes.

Right. And you must trust what Dave just told you. Let's just rewind what he said. You should be writing this down going, okay, wait a second, I'm in control. If the financial advisor gets frustrated with you, and they don't want to teach you and explain the questions that you've got, you don't understand the financial move that Dave said, then don't do it. And you get to interview several people. You need to be meeting with some SmartVestor pros.

Yeah, click SmartVestor. RamseySolutions.com. Click SmartVestor at RamseySolutions.com, and that'll help you line up with someone that has the heart of a teacher. Now, here's the other thing. I don't want to squander my money, you said. Now, let me make sure. You mean you don't want to make a bad investment that you didn't understand and lose the money.

Is that what you mean? Correct, yes. Okay. Not squander it like I'm going to overspend and be undisciplined. Oh, no. No, no. Both of us are quite fool. Okay.

So I'm not worried about that. I'm worried about, like, if I put in the wrong Both of us are quite fool. Okay. So I'm not worried about that. I'm worried about, like, if I put in the wrong investment, then I lose that money. Yeah, exactly. Because, you know, sometimes I've run into, and you were not saying this, but just for the sake of our audience, sometimes I run into someone who comes into a lot of money, and sometimes someone who's very young, for instance, in the music world, we're in Nashville, they become very popular, for instance, in the music world, we're in Nashville, they become very popular and they got a lot of money. All of a sudden, they don't have the maturity to control the situation. And no one can give you that. That's called growing up.

But you've already got that, obviously. Okay? So we're frugal. We're not going to overspend. We're not going to do something stupid. But you don't want someone, you know, like I've heard people say stuff say stuff like well i called my financial advisor and he told me i couldn't buy a car well it's not his job to tell me whether i can buy a car or not i'm going to decide if i'm buy a freaking car i put the money in the dadgum account i can decide i'm a big boy i can decide

i'm a grown man i can look at the numbers and go, I can afford this car, can't afford this car. I don't need to ask someone's permission to do crap with my money. That's right. And so that's when you handed it over and somehow you've gotten someone who's babysitting you. And that is not what you do. That's how people get screwed. That's how they lose all their money and they make a lot of money and they end up with none. So here's the trick. Don't put money in something you don't understand.

Don't work with anyone in the financial world. Real estate agents, insurance agents, investment brokers, estate planners, tax people. Don't work with anyone in the financial world that does not have the heart of a teacher. My poor tax guy has to explain our infinitely complicated tax returns enough that i i'm not just signing them because he put them in front of me and that's the key dave still has the power and and and i'm you have the power as a doctor here would be the analogy i'm sure you've had somebody show you how to use a medical device before and you don't use it on a patient until you know that you know that you know that you know how to use it

and you have the same control. I'm not going to do that until I understand how to use it. You are in control here. You're not giving over any control. And I love your spirit, but again, there should not be a spirit of fear here. Go to RamseySolutions.com, interview three, five, seven smart investor pros until you get a good feel, a good good chemistry and that they're willing to explain things to you because as dave said he doesn't sign on the tax form until he understands what

he's signing yeah so amit you you can just pile up the cash that's true too if that's all you understand until you understand more i had a young man that was an nfl football player coming to sit down with me about two years ago he and his beautiful little wife and uh i mean they were like ken and barbie right and um he said i gotta tell you dave you're just gonna kill me i said why am i gonna kill you what you do he said i'm so ashamed i'm like what are you ashamed of and he goes i'm such a horrible investor and so how are you a horrible investor what did you do and he goes i have 35 million dollars in a savings account i'm not gonna kill you i'm gonna kiss you you're a genius he goes yeah well i could have invested it and i went yeah you probably should have invested it

but guess what you didn't do you didn't freaking lose it yeah you got 35 mil in the bank you didn't lose it in the nfl that's called touchdown. Unbelievable, baby. Now we can teach you a little bit about investing and wade out into the shallow end of the pool and learn to swim into the deep end. It'll be all right. That's a good starting point, son. We're going to be okay. My goodness gracious.

This is the Ramsey Show. With more frequency than you know, I get calls and emails from people dealing with the recent loss of a spouse or a parent. You can hear the struggle and the heartache that they've been experiencing. And at a time they should be grieving, what breaks my heart the most is the strain and tension that they're going through because of money, especially when it's a situation that could have been avoided. If you have a family, it is your responsibility to have term life insurance. It's one of the things you do to say I love you. And yes, this is an ad for Zander Insurance.

But since this is one of the most effective ways I have to get my point across, so be it. For over 20 years, I've been telling you about the importance of term life insurance and protecting your family. Listen, you need to check out Zander.com or call 800-356-4282. I can't say it enough. Protect your family. It's what you're supposed to do.

Go to Zander.com or call 800-356-4282. Ken Coleman Ramsey personality is my co-host today. April is here, folks, and you know what that means. It's National Financial Literacy Month. We celebrate financial literacy every year, and we want to celebrate the hard work and dedication that teachers give every day with our Teacher Appreciation Giveaway. It's sponsored by Mint Mobile, the affordable premium wireless provider. Teachers can enter to win some amazing prizes like $5,000 cash to use however they like. And you can go to DaveRamsey.com slash teacher to enter. There is, of course, no purchase necessary.

If you're not a teacher, share it with a teacher you know. RamseySolutions.com slash teacher. RamseySolutions.com slash teacher. Now, Ken, most people, I was doing this at my house one night at a dinner party not long ago. I said, tell me about a teacher that you remember. And a few people out of a whole bunch standing around remembered negative teachers. But almost every one of them brought up a teacher that changed the trajectory of their life. Teachers are a big deal.

Big deal. Joy Bryant, my high school speech teacher, probably outside of my parents, had the biggest impact on me. And I write about it in my first book, One Question. You can get it at ramsaysolutions.com. Yeah. But I write about that. And she, to this day, has taught me a very important lesson. And speaking of great teachers, we've got one from North High School in Dillsburg, Pennsylvania.

Shannon Trussell is with us. Hey, Shannon, how are you? Hi, Dave. I'm good. How are you? Good. Is Trussell correct? Did I pronounce that correctly?

It's Trussell. Trussell. Okay. Thank you. I don't want your kids making fun of you later. Yeah, right. Yeah. I better get it right because it's my fault.

Okay, cool. So tell us what's going on with you. So I've been teaching personal finance now for seven years, and we started out with less than 50 students in the class, and now we're up to over 200. Wow. Yeah, it's really great, and it's grown so much. A few years ago, I petitioned our school board to make this course a graduation requirement, and now it is.

Wow, look at you. Wow. So foundations and personal finance, our curriculum, you've been teaching it for seven years, and it's grown to 200 students. Now, did it grow to 200 students because it became popular or because it became mandatory? Well, it only just became mandatory. It grew because of its popularity. Parents and community members saw the value in this course, and, you know, students were talking with their friends, and, hey, you've got to take this class. I mean, it's really snowballed.

It's great. Yeah, and guess what? You're one of those teachers that we were just talking about that's how i mean because let me tell you you can take our wonderful curriculum and screw it up if you mail it in you don't mail it in girl you bring it you bring it in the classroom you bring it all the way to the school board the parents know about you the students know about you you're one of the teachers they want to go to your class. I know that. That's why it grew, right? Yeah, that's right, Dave.

I appreciate that. Look at you. How long have you been teaching? 17 years. Wow. We really appreciate you. What are you seeing the kids getting most out of foundations and personal finance, our curriculum? I think the thing that's the most important is I do what I'm asking them to do.

My husband and I have gone through, um, financial peace years ago. And when the opportunity came to teach a course in personal finance, I volunteered immediately. I knew exactly what I wanted to teach and exactly the program I wanted to use, and that was yours. And I just, I have a personal connection to the course and to the material. So when I'm teaching it to my students, everything I'm telling them is fact. Like, this is what I did. Here's how you can do it. And the questions they ask me are more personal, but I'm giving them information and, you know, tips and tricks that I know have worked because I do what I'm asking them to do.

No, that's everything. So what subject out of the curriculum do you think resonates the most with them on average? Boy, that's a great question. I think the one on income and careers where we write out resumes and we practice interview skills. We have such a great connection with our community that I reach out to several different community business leaders in our area. They volunteer their time, and they come in, and we do mock interviews with our students. And it's really neat. The kids dress the part.

The guys come in in suits and ties. The ladies come in, you know, looking on 10. It looks great. And then I had one student actually about three years ago with his mock interview. It turned into the real deal. And by the end of the interview, I kept thinking, why is this taking so long? So I stepped in the room to check out what was going on. And they're shaking hands hands agreeing on a starting

salary i'm like what so a senior in high school has a full-time job as soon as he graduates he's been working there for three years that's what it's about that's what it's about so let me ask you what do you remember the job what job? What kind of business or industry did this kid go into? Yeah, he was working for a general contractor in construction. Oh, wow. See, that's the traits. Electrical specifically, yeah. Yeah, that's fabulous.

That is a great story. I wanted to ask, that's a great professional story. I was just curious, in the seven years you've been teaching foundations in personal finance, is there a kid, a story, whether it happened recently or they came back later and it's a real testimony to them doing what you taught them? Absolutely. I mean, I could give you lists. I'm sure.

I mean, I got an email probably right around Christmas from a student who just thanked me for, you know, he took the class, but he even said in his email, you know, I took it, but it was like, oh, I heard it. But the one thing I like about the course that we do is they get to take their textbook with them. So he was telling me in his email, you know, I pulled out my book and I was flipping through and I'm looking for the section on, you know, Roth IRAs and investing. And he got a new job and he was like i want to do do this right and started his retirement savings from day one because of

the information he had in his hand that is so cool he's gonna be so wealthy all because of you that is so well done well shannon drossel in pennsy at North High School, we salute you as one of those teachers that thousands and thousands of people like you all across America that change people's lives. And we honor you. And it is Financial Literacy Month, and we are honoring teachers with a $5,000 cash giveaway. No purchase necessary. If you're a teacher, just go to ramsey solutions.com slash teacher and sign up we want you we want you to be in the drawing for that we want to say thank you we want to salute you and uh there's lots and lots of shannon's out there yeah instructing

all because they want to impact the lives of young people and i gotta say you know beyond just what she's done in the classroom and impacting these young people, to go to the school board, which, as you know, local politics is about as tough as it gets in politics, and for her to take that to the school board, and sometimes that's a tough proposition, and kudos to the school board. Say, you know what? This is the kind of stuff that really is going to have an impact

long beyond the high school diploma. Good on the leadership there and the principal and the administration. Yeah. And, you know, since we teach kids to not borrow money, I'm sure that's popular with the local banker. That's what I'm getting at. Yeah.

There's always some politics, you know. Plus, there's that Dave Ramsey guy. You know, he's a... Yeah, he's a controversial dude, man. He's a cult leader in leading these kids astray. You never know, man. That guy. That guy, he's a rough old boy.

Yeah. So that's fun. Way to go, Shannon. What a great story. Thank you so much. Now, 48% of the high schools in America are teaching. Wow. And we've taught millions and millions and millions of students with personal foundations

and personal finance, our high school curriculum. And so that means half the high schools in America don't have it still. We've got more work to do. Yeah. So some of you guys, if you're a teacher, you're an administrator, out there get in touch with us. We'll help you get the curriculum into your school and get it done because I love having these people on the debt-free stage that say,

you know, when I was in high school, I went through your stuff. And when I got out of college, I thought, I better do that stuff. And here I am doing my debt-free scream and say, you know, when I was in high school, I went through your stuff. And when I got out of college, I thought, I better do that stuff. And here I am doing my debt-free scream. So there you go. This is The Ramsey Solutions on the debt-free stage, Marcus is with us. Hey, Marcus, how are you? I'm doing great. How are you guys?

Doing better than I deserve. If you're on that stage, you can only mean one thing. You're debt-free. That's right. That's right. Way to go, man. How much did you pay off? So I paid off $21,000, and the total of the loan was actually $32,000, but my parents

had paid off that first portion, but I didn't want that burden, so I went ahead and paid off the $21,000 on my own. Way to go. Very cool. And how long did this take you? It took about 10 months. 10 months. And your range of income during that time? So I was a full-time college student, and I got a job at a coffee shop, and I was making $8 an hour plus tips, but I was also running my own kind of part-time business. I do wedding videos, any kind of marketing photos and stuff. And so I was finding anything that I could do to just make money and put it towards the debt. So how were your living expenses taken care of? So I was actually really blessed. My aunt on my mom's side lives in Corpus Christi as well,

and she let me live with her for free for the entirety of my college. Wow. And so it was a really sweet deal. I had my own room. So you just had to make $2,000 or $3,000 a month, and you could throw it at this and be done in 10 months. Exactly. Wow. Good for you, man.

Way to go. And so is that about what you made during that 10 months, about $25,000 or so? I would estimate I made around a little around 30 okay all right very good man congratulations how old are you i'm 21 wow have you graduated i did i graduated in december with a degree in what communication way to go man yeah and corpus christi so which school texas a&m corpus christi go islanders gotta give a shout out all right very cool that's good man way to go and that that is a reasonably priced tuition i bet yeah and it was really helpful not living on campus or in

housing and not having to pay an extra eight thousand dollars yeah a year or a semester yeah eight thousand dollars helpful yeah that's awesome man congratulations so have you landed the big job uh yeah with myself there we go i saw I run my own business down in Corpus. Cool. Doing photography and weddings? Yep, photo and video. All right. And the communications degree helped you probably.

You probably got some skills doing that, didn't you? Yes, yeah. And so it's kind of funny. I have a degree sitting in my living room, and I work for myself. It's hilarious. I love it. Way to go. You're probably going to make more money than you've ever seen.

That's the hope. Well done. And actually, people are starting to get married again, and they might like to take a picture of it. So good for you, man. Congratulations. So what put you on this journey 10 months ago? So I went without a car my freshman year of college, and my aunt is a police officer, and she drove a unit all day. And so I would drive her to work, and she would let me use her car throughout the day.

So I would drop her off and pick her up. That was the deal, and then I could use the car whenever. And then going into my sophomore year, my parents helped me finance a brand-new car, $32,000, a 2019 and 2018. At the time, I knew absolutely nothing about money. Neither did they. Yeah. And so I was just happy that I got a car. And I wasn't thinking about it. We had a $535 car payment. Whoa. And they were making it. And so to me, it was in my name, but they were making the payment. And so then a couple months later, I was kind of just sitting around thinking, you know, I really don't know anything about money. I'm a sophomore in college and I didn't learn anything in high school about money. I learned what slope intercept form

is, but I don't know how to pay taxes. I don't know how to write a check. Come on. And so I got the Pythagorean theorem. Yeah, exactly. And so I figured I should probably learn a little something about money now that I'm in college. And so I looked up should probably learn a little something about money now that I'm in college. And so I looked up finance podcasts. This guy named Dave Ramsey popped up. So I listened to it. I listened to the first episode about 40 minutes and I was hooked. And as soon as I heard you mentioned something about car loans, I said, what have I done? And so that really just lit a fire. And then I kind of did Dave-ish for a little while. Then my senior year, I set a goal in February of last year to pay off the entirety of my debt, which was the remainder on the car, the $21,000.

I wanted to pay it off before I graduated because I went to school paid for, took out no loans. I got grant scholarships, lived with my aunt. Then anything out of pocket. I mean, you were smart all the way until you did a $35,000, $32,000 car, yeah. Yeah, and so I, yeah, it was anything out of pocket. I paid, you know, I was paying about $800 a semester just out of my own pocket to not take out loans, and it was definitely worth it.

And so I paid off the car the day before i graduated college last december so yeah that's fun it was really fun that's that that's uh man that's that's like a rim shot like yeah you're gonna love it good for you man congratulations how's it feel it feels awesome it's so nice man you ever go back in debt absolutely not you're done i I'm done. Forever. Forever. Cool. Well, your aunt gave you a wonderful gift. She did. I'm so thankful. So I know when she sees this, just, hey, no, I'm so thankful for you guys. Yeah, that's pretty incredible.

Very well done. Who was your biggest cheerleader during this 10 months? I would say my closest friends were my biggest cheerleaders. My parents, of course, too. I got two of them sitting right here. Oh, cool. So I had a little chart, a little paid-off debt chart that I would color in blue and leaders my parents of course too um i got two of them sitting right here every every i had so i had a little chart a little paid off debt chart that i would color in blue and green the colors of my school yeah and uh every time i got they were little increments of 200 so every time i got 200

400 just mark one off and i would just be so excited like hey i'm this much closer just that visual representation of i'm this close to paying it off. And so it was such a blast. I have another friend at the church we go to. Her name is Amanda, and she's actually debt-free. She's working on paying off her house. Oh, wow. And so any time, it was really cool because it was like, hey, I just paid off $400 more.

And so I would show her, and it was just an awesome time. Very cool. Well, congratulations. All right, when people ask, how'd you do that? How do you pay off debt? What do you tell them the secret is? A lot of self-discipline. Yeah, I think so.

I think my self-discipline is really strong. After those 10 months, don't be afraid to say no. And if you look at it this way, you're saying no now to say yes forever, right? And so I love- That's a line. I love- It's a good line. Very good line. I love taking people out to eat lunch

and just, hey, let me take you to lunch and let's hang out, right? At the church I go to, if someone's new, I would love to, let's go get coffee, let's go get lunch and being able to do that and not have to put on a credit card or worry about paying something off.

What's your church you attend? It's called the Net Fellowship in Corpus Christi. Great. Very cool. I want to ask you this because you said something about self-discipline. I think we all get that. But I'm also impressed that you swallowed your pride. Maybe you didn't even think of it this way.

But for a young college guy to live with his aunt, right? College, for some people, I want to get out on my own. I want to live with roommates. I want to do the whole college life. And this was not just a sacrifice financially and hard work. You also said, I want to live with my aunt. What would you say to a young person who's going, I want to do all the things. Was college less for you?

Are you any less excited because of that? No, college was a fantastic experience for me. I could have easily, my dream school is TCU, Texas Christian. Yeah, sure. And, you know, it was just something I couldn't afford. And I did not want

to take out loans to go there and pay off loans for 30 years rather than go to a paid-for school and live with my aunt for three years

with no loans to pay off afterwards. Well, plus, she got built-in security. She's a police officer. That's nice. So, actually, her and my uncle are both police officers.

Oh, wow. Fairly safe there in that house. I'm thinking we're in good shape. And you've got to behave. That's right. Yeah, yeah. Lots of good accountability there. Yeah.

Well, well done, Marcus. We're proud of you, brother. Congratulations. Very, very well done. And you got a great start, man. I mean, you're coming out of school completely debt-free, starting your own business. Everything sounds bright and rosy. We just need shades, man, for your future.

Life is good. Yeah. So well done. Marcus from Corpus Christi, Texas. We got a copy of Rachel Cruz's latest New York Times bestseller for you. Know yourself, know your money. $21,000 paid off in 10 months, making $30,000 during that time. Count it down.

Let's hear a debt-free scream. Quick shout-out real quick. I know we don't have much time. Will Choi, Tim Stowe, Josh Gavin, CeCe, and April, we're going on a helicopter tour tonight. I told them we have a surprise, and I would tell them on the show. Helicopter tour of downtown Nashville paid for in cash. That's fun. In 3, 2, 1. I'm debt free.

Yeah. What a cool guy. I mean. He's a giver. I'm going to live like no one else. And so later, I'm taking my friends on a helicopter tour of downtown Nashville. That's right. Live like no one else.

So later you can live and give like no one else. Man, he's so set up. He really is i i hope he caught what he said now i take people out hey can i go to lunch with it can i encourage you probably teaching them the steps as well the baby steps so you truly can give not just your money but your time love his story love his heart some margin in that lots of margin that's right lots of generosity he is so set up that's he's to do so well. Oh, man. What a great guy.

This is the Ramsey personality is my co-host today. Our question of the day comes from blinds.com. They have a 100% satisfaction guarantee. That means even if you mismeasure, you screw up, you pick the wrong color, they'll remake the window blinds for free. You get free samples, free shipping, and new promos all the time to save even more. Always use the promo code

RAMSEY. It's magic. It'll get you a good deal. Today's question comes from Andrea in Tennessee. She asked, I'm moving into a different role at work, but there hasn't been any discussion of a salary change. If it doesn't come up soon, how should I bring it up? Humbly and clearly. You want to walk into that and say, hey, I just want to follow up. We've been discussing this different role, and we've yet to talk about what the comp looks like for that role.

When you think it's the right time, I'd love to discuss that. You can do that face-to-face or via email. I always prefer face-to-face so they can see your humble spirit. This is not an abnormal thing to bring up. So the next time you're with that leader, I would bring that up. And if they're going to keep kicking that can down the road, that should be a bit of a red flag. But assuming that everything's healthy and we're serious and the conversation continues to progress, you need to bring it up that way.

You know, the longer we've been discussing that without making any discussion in CompChange, the more – and it's not anything she needs to do, but it's just for the rest of you out there listening. If you're leading people, you need to do a better job leading than that. That's correct. So all you got to do is just think like you would think if you were in this situation. So you're talking to somebody about a different role. If the roles were reversed, you'd want to know what the comp is. Hello. Everybody does.

It's the first thing someone thinks about. Well, what the responsibilities are. Can I do the job? Can I be competent? Of course. Am I going to screw myself up by taking on something I can't do? And what are you going to pay me? That's correct.

I mean, what's the comp? And it's like, golly, you get way down in some discussion. And, you know, I actually had that happen one time where they were going to give me a pay cut. Oh, yeah. I've heard you tell that story. Yeah. So I quit. Right.

They were giving me, after I was their number one sales guy, they were giving me more responsibility, going to pay me less per deal. And I was going to, I mean, I had to do more deals to get the same number of dollars into my household. And they were all happy that they were promoting me. And I'm like, you stupid corporate people can't add. Right. And, you know, all they had to do is just talk about that real early in the process and I would have truncated it.

But no, it gets all the way down into the thing. Oh, sure. That's a leadership failure at some point. Now, if it's been one discussion about it, that's not a leadership failure. But just keep in mind, leaders, that your people want to know how they're going to get paid. That's really not rocket science. Jennifer is in Tampa, Florida. Hey, Jennifer, how can we help?

Hi, good afternoon. Thank you so much for taking my call, Dave and Ken. I thought you guys were going to be the best people to answer, give me help with my predicament. So I'm trying to figure out if I should keep my current job or if I should start pursuing another opportunity. So a little bit about my situation is I currently work for a non-for-profit. So the work that I do is really good as far as giving back to the community, but the pay is pretty low compared to what I got paid in the past, but there's no benefits but a lot of flexibility versus finding a job at the hospital, which does pay more, but it's a lot more rigid, but it also has benefits and could be a little stressful.

So I kind of wanted to get your guys' take on that. Well, I've got to tell you, when somebody calls the Ken Coleman Show, I never make the conversation about compensation and benefits because that eventually wears off. It always feels good when we get an opportunity. It feels good. Somebody wants me. And when there's more compensation, that feels good. When there's benefits, that feels good. But right now, you're talking about how the nonprofit job, you've already given us a little bit of a clue that the values line up, that you're doing work that's creating a result that matters deeply to you, but it's low pay. But I have flexibility.

So this is all these extrinsic motivators that you're mentioning. These are outward things. I want to know, where do you want to end up? Do you want to continue to do the work you're doing that is aligned with this nonprofit? Or do you want to get into health care and work in the hospital? Take the money out of it for a second. What do you want to do? health care and work in the hospital what's the take the money out of it for a second what do you want to do 10 years from today i'm sorry um so um so the end goal is ultimately i want to go back to school to be a dietician so regardless i am going to be doing a career change the reason why i was considering the hospital is because um for your after you get

your master's you have to do an internship at a hospital regardless. So I figured that if I put my foot in the door, it will allow me the opportunity. Plus, after six months, they start paying for your tuition. Ding, ding, ding. Jennifer, this is a no-brainer. Here's why. You need more money. Both are temporary.

Everything's temporary, and you're going to go back to school to be a dietitian, so this gives you the money you need to cash flow your school. More money I make, I'm saving, and I'm cash flowing school to be the dietitian. Secondly, they start paying for things. You start getting in the door in the hospital, so when it comes time to get out of school and get that experience, this is a no-brainer, take the hospital gig. Don't even think twice about it. It's the right move.

It gets you to where you want to go. That's right. Which is to become a dietician. It pays for the school, it gives you the internship, and it gives you more money in the process. And, oh well, a little bit of stress. But that's part of the price you're paying to get all this other free stuff for a short period of time. Ten years from today, the likelihood is you're not working in either one of these

if you live your dream goal, right? Yeah, that makes sense. So let's take the shortest path and the least expensive path. Sorry about that. How do you guys handle, like, stress? Because I've never been the greatest at handling stress. Let's define that. Because everybody's definition of stress is very personal.

What are you worried about in this hospital job? You've heard something or you've created something that may not be based on fact. Let's break that down. What is the stress you're worried about? So for me as a person, I'm a very big free spirit. So, I worked for Corporate America for many years, and I felt like I was just draining my soul away, which is kind of why I decided to go a different route and try the non-for-profit. And I felt like I was giving back to the community, which I am.

You felt stuck, though. Yeah, that's true. You're not stuck now. You're on a plan. Yeah, the stress is the rigidity. You said the word rigid early on in the phone call, and so you're worried about the rigid schedule. You also mentioned what you love most about this nonprofit is the flexibility. You're going to have to get over this. I'm just going to be really honest with you and say that there is a great line from one of my favorite movies that says the father's talking to the son. He says, you do what you have to do so you can do what you want to do.

And this is the price of admission. You want to lose weight? You're going to have to exercise and eat healthy. If you want to put on muscle, you've got to get to the gym and you've got to really work out. And it's going to be hard. So this is part of the deal. I'm not hearing anything that to me is considered really stressful. Here's what's interesting that you should kind of the deal. I'm not hearing anything that, to me, is considered really stressful. Here's what's interesting that you should kind of think through,

looking at this from the outside, looking in from our perspective. You want to sign up for dietician school, which is really rigid. You have to go to the freaking class and pass the dadgum test or you don't become a dietician. And if you don't show up for class, that counts against you. That's very rigid. But that did not stress you a bit. That makes sense.

The reason it didn't stress you is it was taking you towards your goal and you knew it wasn't permanent. Gotcha. Okay. Am I wrong? No, you're not. Okay. And so just look at the nursing job.

It's the same way. It's not permanent. Or the hospital job is the same way. It's not permanent. It's getting you to your goal. It's a temporary thing. And as Ken said, it is the price of admission. It's the price you pay to get there.

So well done. Well done. Thank you for letting us talk that through with you. That was an honor. The future's bright. I think you're going to be a big deal. Yeah. I think you're really going to. I mean, five years from today think you're going to be a big deal. Yeah. I think you're really going to,

I mean, five years from today, you're going to be sitting in a really, really good place. Something, Jennifer, I want you to hear and other people that are in her boat, when you're paying the price, you got all those tough days where you feel like I'm in the slog and I'm not doing it,

you better start to envision some people in the future that you may save their life or their health because of the work you're going to do. You better start to look to the future. I'm doing this now. That's not fun. That's very rigid so that I can give dietary advice and maybe prolong someone's life, maybe save their life.

Absolutely. The number one disease in America is obesity. Big picture. We need dieticians. So no question. Well done. That's very cool. I mean, listen, there's a difference in stress than just being tired.

That's right. I mean, I get fatigued a lot. I don't have a lot of stress. Because if I don't like what I'm doing, I just change it. So, it's fairly easy. It's a wonderful thing. And the good news is, guess what? All of you have that same opportunity.

That puts The Ramsey Show this hour in the books. Hey, it's Kelly, associate producer for The Ramsey Show. This episode is over, but if you heard about an event, product, or service and didn't have a chance to write it down, don't worry. We list everything you've heard about during this episode in the podcast show notes section or head to theramzshow.com. Thanks for listening.