The Ramsey Show - App - I Feel Unfulfilled in My Career (Hour 2)

Episode Date: June 11, 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 am Dave Ramsey, Dr. John Deloney. Ramsey Personality is my co-host today. Open phones at 888-825-5225.

As we talk about your relationships, your life, your money, anything in your life, we're here to walk with you through the whole puppy, the whole burrito. Open phones at 888-825-5225. Melissa is with us to kick off this hour in San Francisco. Hi, Melissa. How are you? Hi, I'm doing well. How are you?

Better than I deserve. What's up? up um so i was wondering how you recommend um budgeting for people whose salary or take-home pay is pretty dependent on bonuses okay how long you been doing that um i'm in my third year right Okay. You're single? Yes. And what do you make total? So my base right now is $95,000, and my bonus just really depends on performance. What did you make last year? $90,000. You made $90,000? I thought that was your base. Yeah, that's my base, and then my bonus was $60,000. Okay, so you made $150,000 last year.

Yeah. What did you make the year before? Total. $130,000. Okay, good. So it's heading up then. That's good. Yeah.

That means you're performing well on this bonus program. Good for you. Okay, well, here's what I've lived on straight commission or an irregular income being self-employed my entire life. So I've never been able to do a budget with a fixed salaried income. I mean, I teach people how to do it, but I've never done one. So what we have learned to do is a prioritized spending plan above what the known money is. Now, how often do you get these bonuses?

Very yearly. Once a year? Yeah. Okay. And so you're pretty much living on 90, and then this money comes in, and you hit the lottery. Basically, yeah. So they just cut you a $60,000 check one week? Yeah.

Man, that's a heck of a week. It's a woo-hoo week. Yeah, I like it. My favorite week of the year yeah okay so uh but so and you can run your household on 90 can't you yeah i mean rent is super expensive around here but um but you're running your household on 90 aren't you i am yeah but what i've noticed is a lot of of my coworkers, they basically go by the rule of spending all of your base salary, and then with the bonus, they save that. Yeah, well, I don't agree with that part.

But I think the budget is fairly easy. We can lay your budget out on your salary, and that's your monthly budget. And basically you go on EveryDollar or join Ramsey Plus for a free trial and get the EveryDollar premium. And that's the world's best budgeting app. It's a very, very robust, killer budgeting app to help you spend every dollar of your $90,000 monthly on paper before the month begins in the app. You're going to give every dollar an assignment, every dollar a name. Now, then what are we going to do with the bonus? Well, we're not going to save that and blow everything else in in your budget.

You save and operate your household. Then when you get extra money in your case, once a year, you get this big budget, big bonus before the bonus comes. I want you to spend it on paper also because a month before you get it you know what it's going to be don't you so you know 30 days from now i'm gonna get 60 grand right yeah okay so i want you to get you can just get a yellow pad out if you want and say i'm going to spend sixty thousand dollars here on paper now by spending it i mean we have to allocate for taxes if they're not taking taxes out we have we're going to put some in savings uh we're going to be generous with some of it be giving uh we're going to uh spend some of it on fun any debt we're going to pay some debt down we're going to hit some of the

baby steps that we've been wanting to hit uh and some of these other things but every dollar always needs an assignment on any money before it gets there. Now, if you don't know what the budget is, or let's say you're thinking about this in September before you know what the number is going to be in December, then you would start to just make a list and say, okay, if I don't get as much as I did last year, what's the most important thing I'm going to do? And you prioritize the things on this yellow pad from most important to least important, and you go as far down that list as the money allows you to go. When you run out of money on that list, it should be that you've done the most important things to you before you did the least important things to you because you had a progressively important list,

a list that is listed from most important to least important with a dollar amount beside it. How far down that list can I go? And it can be, I want to take a trip to Europe, and I put a dollar amount beside it. I want to buy a car, I put a dollar amount beside it. I want to pay off the student loan, I put a dollar amount beside it. I want to finish up baby step three and have an emergency fund of three to six months expenses, and I put a dollar amount beside it. I want to pay off this student loan, I put a dollar amount beside it. I want to finish up baby step three and have an emergency fund of three to six months expenses, and I put a dollar amount beside it. Wherever you are, whatever your goals are, now which one of those is the most important is number one.

And any money that's left over can go to number two. And any money that's left over can go to number three. And it's a prioritized spending plan. Now, for those of you that have an irregular income monthly, like, for instance, I grew up in the real estate business, and you really do not necessarily know what you're going to make next month. I mean, you may have some closings in the hopper. You may have some contracts that are coming at you, but you don't know exactly what you're going to make next month.

So you really are going to live that list out in the coming 30 days. So rent, electricity, food. It starts if you're going from if you have zero that you can count on if you're 100 commission like that situation yeah you'd start with food and then you do utilities and then you do food shelter clothing transportation and utilities you know take care of those first and then we're going to do baby steps and then we're going to reduce that and then we're going to do this and then we're going to do that um and you know we're not paying property taxes before we buy food you know we're going to decide

if i can only buy one thing what would i buy and if i can only buy one more thing what would i buy and you list it out like that and makes you really prioritize your life the psychology of getting a sixty thousand dollar check on a friday man you could blow that and i like the idea of being intentional before you're holding that money yeah you got to do it on paper before the money comes because it's it's gone it just those of us that were in the real real estate business or other straight commission things you know we you know we have you know we go from uh you know buying cadillacs to having them towed i mean you know it's back and forth it's all over this volatility and uh you have this tendency in

that world not her but if you're in that kind of a world a sales this volatility and uh you have this tendency in that world not her but if you're in that kind of a world a sales world in particular you you have this tendency to think you can out earn your stupidity and i tried to out earn my stupidity for years and i was a lot more stupid than i was talented so uh i couldn't do it and it kept catching me and well even if you're not stupid the world is still spinning around you there's always something that wants your money somebody else might be stupid and cause, yeah. There's always something coming at you. You can just count on it.

It's just part of the dad blame equation. It's how it works. So that's a great question, Melissa. I love it. Great question. Thank you for joining us, and we appreciate you being a listener. Good for you killing it, Melissa. That's fantastic.

Yeah, that's a wonderful income. Dr. John Deloney, Ramsey Personality, my co-host today. This is The Ramsey Show. It continues to amaze me how identity thieves keep finding ways to use our own identities against us. Not only do they commit crimes related to financial fraud, medical ID theft, and insurance benefit fraud, but now we have to deal with home title fraud. Thieves are using your own personal info to take ownership of your home so they can take out loans and you end up with a pile of debt and foreclosure notices. Over 4,000 data breaches happened in 2018, exposing 3.6 billion records. So thieves have plenty of identities to use, and there's a one in five chance it will be

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Yeah, yeah. All right. All right, so today's question comes from Annalie in Nevada. Annalie writes, I'm trying to get my boyfriend and I out of debt. I only owe $28,000 in student loans. My boyfriend has almost eight times more debt than I do, but he thinks you can't make money without spending it. How do I make him see that he's hurting himself?

Run. Get a new boyfriend. You can go left to California or right to all the other states, but run. You can't. So here's a rule of thumb when dating. Do not date people you have to fix yes or don't when you're in a relationship and your thought is i have to get us to that's the that's the problem because us has to get us to right his job is to initiate being a grown-up thus far he has not done that. Yeah. And he's not, I mean,

it's not rare that people think you gotta spend a whole bunch of money to make money. I know that's common, so I don't want to say he's an idiot. But he thinks you can't make money without spending it. Right. You gotta spend money to make money. No, he just says you have to spend all the money you make. Oh, okay. He thinks he's

in Congress. No, because they spend more than they make. Yeah, they spend more than they make. Apparently, he does too. What you can do, Annalise, you can sit down and show him math, and you can tell him, hey, look, I love you, and you're hurting yourself. The important part of that conversation is one that you're going to have to decide, are you in or are you out? And you can't help him. You can fix him you can't heal him he's gonna have to be a part

of that journey and you're gonna have to decide do i want to walk with this guy through his journey or not um but you can't get you and your boyfriend out of debt no you can only get you out of debt and you can show him how he gets him out of debt. So from a relationship perspective, not a financial perspective, if you were my daughter, and I have grown daughters that are married, I would say you'd sit down with this guy and say, number one cause of divorce in North America is money fights and money problems. The fact that we're not in agreement on this subject is going to end our relationship. Because I don't think I can make a life with a guy who can't be responsible with money.

And so in order for us to go forward, I'm going to have to see you become responsible with money. I'd be your cheerleader. I can give you some input. I can show you some things to do. I cannot do it for you, nor will I do it for you, nor will we be together long term if you are not engaging in growing up. And that's the conversation from Annalie to her boyfriend. The conversation Annalie has to have with Annalie is, I'm reading the tea leaves here, but this is somebody who struggles with codependency. This is someone who struggles with an identity that her value comes from fixing other

people. And I want Annalie to do her work on herself and grow her value from the inside out. Let that shine to the world because we need her voice out there. And then she's going to attract people who are not projects and are not puzzles and are not engines who are missing spark plugs. There's just an amazing way people attract what they put out in the world right let me ask you something i don't disagree with that you know you tend to um it's not the victim's fault that someone is a victim but there's even been studies shown that a rapist will pick a the way someone walks You just feel it. Yeah, they're predators. They're a predator, and they sense weakness,

and they sense the body language, in other words. And so, you know, and that's what you're saying. Her body language is she has this tendency to try to fix things, and so she takes in strays kind of thing. And let's pretend for a second that it's not that. That this is, and we don't know her, but just for the sake of argument with our audience, because we've got a lot of audience in their early 20s, late teens, especially on YouTube. And let's pretend that this is a 19-year-old young woman. Okay.

And maybe she does feel okay about herself but she just really likes this guy and before she know it she's kind of in love with him and then he has this problem yeah and he's a great guy and except for except for and he and this is not like you know normally she would not be taken in strays normally she would not be lacking in self-esteem normally she would not be taken in strays. Normally, she would not be lacking in self-esteem. Normally, she would not be there. But she just kind of, you know, this guy, they've built a relationship. And then all of a sudden, she realizes, oh, God, this guy's got issues. That's a little different than I'm attracting things. Oh, yeah, yeah.

Because I have a pattern of always, you know, bringing home losers. Yeah, I read this quote this weekend that i was sitting on my front porch reading dave and i stopped and it said sometimes you have to have the courage to break your own heart because it's the right thing to do and sometimes you've got to do something so hard that's the parent that says you cannot bring drugs back into my home yeah that is the girlfriend that says i love you and, and you're going to drown us both. And I'm not going to sign up for this, because this is going to be a long, horrible life. Right.

And so this idea, the courage and bravery it takes to say, I love you, and I value my ability to breathe. But Annalie, if you're that person I'm talking about, not the one John was talking about a minute ago, that you're generally fairly self-confident. You need to know that your desire for love in this particular situation has flipped your language out of the abundance of the heart the mouth speaks. Your language says codependence all over it. You know, so let me kind of go back. My boyfriend has almost eight million times more debt than I do do but he thinks you can't make money without spending it how do i make him see he's hurting

himself i'm trying to get my boyfriend and i out of debt yeah you me i'm gonna fix him i'm gonna fix him i'm gonna fix him is what i says over and over and over again and there's a guy over there with a backhoe digging holes and you've got your shovel and you're like how do i how do i fill it up and faster than he can dig it out he can dig it faster than you that's right yeah you're digging out the bottom faster than you're ever gonna get there so i want you to put that shovel down and go get some people i'll give you a high probability on this annalee um as the old guy the uh that's a walking dad joke okay um high probability is that if you are a young woman of confidence and a good self-esteem uh that this

young man is not going to change fast enough to keep you around you're going to move on because i don't think he's marriage material i know he's not marriage material today and it's because john opened up with run i mean that was his opening answer was run and and i like to think of these calls is what do i do if josephine comes home from college and says, Dad, I found a guy. Right. Yeah. And Dave, you may not have experienced this. And that's me being sarcastic.

I'm sure you did. But Sheila had people sit down and talk to her. Like, are you sure you know what you're doing with him? Like they would take her out. I kept sharing away from those people. Oh, man. They found Sheila. Like, are you sure you know what you're doing with him right um like they would take her out sharing away from those oh man they found sheila like are you sure and she's like i'm sure um her parents had to be rolling their eyes when they walked when i walked in i wouldn't let my daughter date me not in a million years oh man i don't even go down that road but so there is that right but but um yeah but sharon did not take me on as a project.

No. And I didn't take her on as a project. We were both projects, but we didn't take each other on as a project. Everybody has a project, right? But, yes. Sheila did not get her self-esteem by saying, I'm going to fix John. Right. It's just good parenting to run those guys off if you have the opportunity.

You know, I'm just like, Daddy, all the boys in the youth group are scared of you. And I went, good. Keeps away two things. Wusses and jerks. Don't need either one dating my daughter. It keeps away more than, it keeps away everything. Wusses and jerks. Pretty well, you can put most things in those two buckets.

They're the same bucket. Well, at times, at times. Just run, Annnalie, run. This is the Ramsey Show. We'll be right back. In the lobby of Ramsey Solutions on the debt-free stage, Krista is with us. Hi, Krista. How are you? Good. How are you, Dave? Better than I deserve. Where do you live? Near Toledo, Ohio. Near? Where do you live?

Genoa, Ohio. Okay. Alright. Because I went to ice hockey camp in Bowling Green when I was a kid, just south of Toledo there. Yep. Close by. Right in your area. Cool. So how much debt have you paid off? $90,858.02. Love it. How long did this take? 23 months.

Good for you. And your range of income during that time? $62,000 to $75,000. Cool. What do you do for a living? I teach agriculture to 7th through 12th grade students. Oh, wow. Good for you. Thank you.

So what kind of debt was the $91,000? $80,000 was student loans from Ohio State University and my master's degree at Capell University out of Minnesota, and then about a $10,000 car loan. Okay. Wow. So how long have you been out of school? Oh, gosh. Graduated in 2012.

Eight years. Okay. Yeah. Nine years. Whatever. Yeah. And getting ready to be nine. And the $80,000 is just hanging out, huh?

Yeah. Yeah. Well, I decided to go back to get my master's degree, so I've now had that for about two and a half years yeah but the rest of it's just been hanging out just sally may have her own bedroom so what happened 23 months ago lit you up uh well actually uh my brother and my parents have been through um financial peace university uh-oh and they um actually my brother for christmas got me the book in 2017 i waited till a year later to find my first class um because like most people you're not sure um to believe it or not so i waited for a year later your brother joined a cult

so found a class and then i actually in 2019 went through that. And then in 2020, I went through a second class just to keep me fresh and understanding what I'm doing as well. Yeah, while you were on the journey. Yeah, it's a good encouragement to loop back through or to coordinate a class. Sometimes people do that. Yeah. Well done. Okay, so what happened when you went in there that made you say, I can do this? Just me going after goals and just wanting to pay off that debt because I don't want to have debt.

I want to be able to go and live and go on vacations. Get Sally Mae out of the house. Absolutely. How's it feel? It feels great. Was it worth the sacrifice? It sure was. And I still continue to sacrifice things, but you still can save money in different ways and still not have debt.

What was your biggest, hardest sacrifice during that 23 months? I'm telling people, no, that I can't go out to eat. I only have $85 a month for my budget. When the money's gone, it's gone. Yeah. Yeah. Okay. Because that's a social experiment.

Mm-hmm. Yeah. Good for you. Did you have a group of people that hung with you and said, all right, we'll all come over then? I mean, my parents. We just all hung out. Yeah. So you got a lot of family support all the way through.

That's good. That's good. What was it like walking with middle and high school students while you're walking through this? Did they know you're doing this? So I did tell a lot of my students. They actually teach FPU at my high school, so they don't believe it. So I can't wait until I go back in my agriculture classes.

They're going to all see this. Wow. You're a YouTube star now. Yeah. I love it. Well, congratulations. Thank you. We're very, very proud of you.

So when you teach foundations for personal finance to high schoolers in a future class, which you may end up doing, I bet, what are you going to tell them the secret to getting out of debt is? Staying on a budget and being persistent. 23 months. 23 months changes everything. Yep. And I definitely went into my savings.

I first did the $10,000, and that was still there. Did the next $10,000, still was there. Then I did the next. So I've taken $30,000 out of my savings to put towards that. Wow. And then punched it in the nose also over the 23 months. Good for you. That's scary to do.

It was at first, and the debt was still there. Yeah. Doesn't go away. Nope. Doesn't go away till you pay it. I love it. I'm so proud of you. And it's cool for these students to see that you're not a theory you're not a good

idea you're walking talking living proof of what happens when you work really hard for these kids that are going to go into agriculture right that plant seeds for today so that something will grow for tomorrow you're a you're a teacher that's walking the walk and and that that multiplies your your effect on those young people you're changing a bunch of family trees with the sacrifices you made. Good for you. Thank you. And I know it's hard. If your brother's worth his salt, he's going to rub your nose in this a little bit.

So good for you. Oh, he came with her. Is he one of them out here? Yeah, Rachel is. And Mom and Dad are here too, right? So you've got the cheering squad here. That's great. I love it.

And a little bit of I told you so, right? Why ain't you done sooner? I'm so proud of you. Well done. I know they are proud of you. Excellent job. We got a copy of Rachel Cruz's latest New York Times bestseller, Know Yourself, Know Your Money. We'll come out and sign that and everything

at the break here. So very proud of you. All right. It's Krista from the Toledo, Ohio area. $91,000 paid off in 23 months, making $62,000 to $75,000. Count it down. Let's hear a debt-free scream. Three, two, one.

I'm debt-free! Yeah! Yeah! I love it! So fun. So fun. So fun. The number of people now, I mean, Financial Peace Foundations and Personal Finance now taught in 48% of high schools in North America. And the number of people that have gone through Financial Peace University and Ramsey Plus now, got a Ramsey Plus membership, you know, get connected to every dollar, get on the budgeting app.

It enables you to do the stuff that these folks are doing that are doing these debt-free screams and so you know it's you you need the information and the inspiration to do one of the hardest things you're ever going to do in your life but one of the most rewarding things you're ever going to do in your life and that is get yourself positioned to become wealthy you get positioned to do that most likely by being clear of debt. So a Ramsey Plus membership will do all of that for you. You plan out every dollar. You connect your budget to your bank. You get custom budget reports.

You get everything you need. There's a free trial for Ramsey Plus, a free trial at DaveRamsey.com. Just go to DaveRamsey.com and look for the free trial on Ramsey Plus, a free trial at DaveRamsey.com. Just go to DaveRamsey.com and look for the free trial on Ramsey Plus. You get started on the whole thing. You'll see how it all works. We'll walk you through every bit of it. And you'll have, you know, almost every one of these people do their debt-free scrims have been through financial peace. Absolutely.

And they've either taught it or they've talked about the accountability of the other folks in that group saying, hey, we're doing it too, we're doing it too. And everybody I know who has a budget has that month or those two months when they think, man. Duh. Everybody who works out, it's like, I'm not doing it today. Everybody who fill in the blank and having a group of people with you, you get that information, inspiration, and you get that community around you that just is that prodding or that holds your arms up in the desert man you gotta you gotta have some cheerleaders you can't just have people trying to drag you down that's you gotta have i mean there's lots of people tell you you can't win that's that's that's the culture we live in yeah is they don't want you to win

because it makes them look bad i call it the titanic syndrome when that movie came out it was every everybody loved it until everybody loved it and then it became cool to talk about how dumb that movie was and it just to beat it up loved it. And then it became cool to talk about how dumb that movie was. And just to beat it up, right? It's cool to look at somebody who's going after something and then think, why are you doing that? That's stupid. That's dumb.

Man, getting a group of people behind you, whether you're going for a run, whether you're getting out of debt, whatever that is, that is everything, Dave. It's everything. They did that with disco, too. Well, disco was terrible. No, it was cool. It was cool until some rocker decided it wasn't cool, and then it wasn't cool anymore. It's the same thing.

It was a whole movement. You ought to watch the Bee Gees documentary. It's a great documentary. It's like they made so stinking much money, and then all of a sudden they went from being gods to being like a symbol of foolishness or something. Same kind of thing, though. It was cool until it wasn't cool. Speaking of symbols, I don't want to take away from how extraordinary that death-free scream was, but you mentioned something I'd never heard before. I just need

a little bit more clarity on. You went to hockey camp. What is that? What in the world is ice hockey camp? So much stories. So many stories in so little time. Coming up on a commercial break. Oh, I see what you're doing here.

James, cue the music. Quick, quick, quick. Redneck Southern hockey players. Can you imagine what this was? Oh, it was a fight and a hockey game broke out. Okay. It's rare that my mind is blown, and Dave, I think you blew it. I played all the way up into college.

I had no idea. You don't know these things. I have antique ice skates sitting in my bookshelves in my study at home. They truly are antiques. No question. They're funny. It's great. Looks like something you got at a flea market.

This is the Ramsey Show. Have you ever asked questions like, how much should I be saving? Or, how do I get out of debt faster? Or, what's the right way to invest? Or, I don't know where to learn about money. Well, here's the good news. You don't have to figure all this out on your own. Ramsey Plus will guide you every step of the way. With a Ramsey Plus membership, you get all the digital teaching in Financial Peace University and other classes.

You need to really understand money so you can be confident you're always doing the next right thing. The budgeting app, every dollar is pretty amazing. The tools, the guided action steps they help you make progress on your money goals really really fast and that means no more debt cash in the bank for emergencies a real plan for your future a sense of peace and power around your money ramsey plus helps you get small consistent wins every day that cause you to have the big results and the lifelong habit change. You get started today with a free trial.

Text TRIAL at 33-789. Text TRIAL to 33-789. Dr. John Deloney, Ramsey Personality, is my co-host today. John is with us in Atlanta. Hi, John. Welcome to The Ramsey Show. Hi, Dave. Thanks for having Ramsey Show. Hi, Dave. Thanks for having me.

Sure. How can we help? Well, Dave, I'm calling in because I'm 27 years old. I've got a stable job with the federal government that pays pretty well. And I'm just kind of looking forward at my future here. And it seems like a lot of the people who stay in this position kind of end up losing passion for what they do. And I'm starting to notice myself losing passion for what I do. And so, you know, when I bring this up with my family, they kind of tell me you should stick with it. You've got a pension there.

You know, you've got ironclad job security. But I feel like if I stay here, I'm going to go crazy. How old are you? I wanted to know. I'm 27. How long have you been there, man? Two years. How many two years?

Two. And what is it you do exactly daily um well i work as a statistician so basically i'm you know they try to automate a lot of the things that my organization does now and so i'm involved with with that what do you love doing, man? Well, I do love working with numbers. I do love statistics. It's what I studied in school. Why is this driving you crazy then? It's driving me crazy because I just don't, I don't know.

It just doesn't seem like the people who work here are very passionate about what they do. I mean, you're let's don't care about them for a second. What about you? It's OK to be in a room where you like what you're doing, even if the people around you don't. No, because the problem sorry, the problem is that what a lot of the times what ends up happening is that if you're passionate, you end up getting extra work. But because of the way the system works, there's not really much advancement. So it just becomes frustrating. What does the word passionate mean to you? Passionate?

I've been hearing my students use that word passionate for years now. What does that mean to you? Well, I suppose that what it means is that sometimes, you know, you wake up in the morning and you don't want to do something, and it's okay to feel like that sometimes, but if you feel like that day after day after day, then that means that you lack passion. So passion means that, I guess, over a long period of time, you can look back at what you've done

and say, you know, I really enjoyed doing that. That really made me feel like I was doing something important. Good answer. Okay. So what's the downside with you going to work someplace else? Well, I would lose my job security for one thing. You don't have any job security. There's no such thing.

You work for the federal government, brother? Yeah. They lay people off, too. They lay people off, too. They're probably not going to go broke i don't think but um but they lay people off too and your job you're only as secure as your ability to do things that people want to pay you for and if you're a statistician who likes statistics you're going to be employable for a long time. In a data-driven world? Yeah, this whole world's driven off of data right now, and you're a data analyst if there ever was one, right? Right. Yeah, I mean, I suppose that... You probably can make twice as much money.

Yeah. If not three times. Yeah, I'm sure. I'm sure. It's just that, you know, it's a big decision to make. Security's an illusion, dude. It's a drug, brother. Yeah, you'm sure. I'm sure. It's just a big decision to make. Security is an illusion, dude. It's a drug, brother. Yeah, you need to get out of there. Because, I mean, you're 27 years old. Project this out. You're going to be 57, 30 years of doing this.

You already sound old right now. I can't imagine how old you'll sound then. That's a great line. I was trying to think. He's not depressed. You just sound old, old you'll sound then. That's a great line. I was trying to think what – he's not depressed. You just sound old, man. You sound 74. Yeah, you know, can you imagine how old you're going to be when you're 57?

Good God. You'll be 1,000. In government years. You're totally right. In government employee years, yeah. Hey, listen, the people around you, the people who are giving you advice – They mean well, but they're just wrong. Yeah, they are telling you they love you in the only language they know how,

which is you being safe and you being secure, which we know is an illusion. But they're doing the best they can with what they got. And at some point, you've got to get off the drug of safety, get off the illusion of safety, and jump. So, John, one of my heroes was my grandpa. In the Great Depression, he was 27 years old, oddly enough. And in the stock market crash, he lost a business and went broke. And Alcoa Aluminum had come to Alcoa, Tennessee, in the hills of East Tennessee, and opened a plant. And he went to work for them.

He worked there 38 years and never left because of the fear, partly because of the fear of having gone broke when he was young. And partly because he was a good man and wanted to provide for his family. And the stability of that was there. In that environment, my grandmother became really dependent upon that security that you're talking about. And a humorous story, the first time I sold my millionth book, I've sold about 20 million now, about the time I sold my millionth book, which means I had made millions and millions of dollars, okay, if you can imagine, my grandmother called and still was worried about me running my own little business.

When are you going to get a real job, Dave? That's exactly what she said. She called up and said, Honey, I'm worried about you. When are you going to get a real job? And I had just sold my millionth book. Now, she's sweet, and I understood where she was coming from because I know the story, and my grandpa was my hero, and I understand he's just one of my favorite people that I ever knew on this planet.

I miss him greatly to this day. But the – and I loved her. I loved her, too, as well. She's sweet as she could be. But that was her love language from the environment and the situation, the way they had lived life, was to say, when are you going to get a real job? And she meant well. John, just like the people in your life mean well. But I had just sold a million books.

I think we can safely say the data, the statistical evidence is that she was wrong. Okay. And here's the thing. If you go out on your own and you give it three or four years and it doesn't work, my guess is you could probably get a job. Probably get your job right back. That's right. Maybe not that exact one with that exact department or whatever, but whoop-de-doop-dee. You have a marketable skill in a data-driven world.

Data is the businesses that don't understand, grasp, and harness the power of data in the next decade will be out of business. Correct. It's not optional. So you are a highly sought after individual in your world and so that that's um i'm telling you i think you're probably making about half or maybe a fourth of what you're worth and you're giving it all up in the name of security that's not really there anyway get out yeah you can just hear you i can hear your soul leaking out leaking out of your body out get out get out get out get out yeah there's something There's something to be said for, I want you to be safe, and so I want you to drown slowly.

Right? I want you to be safe. Well, I don't think everyone should be an entrepreneur. No, absolutely not. I don't think everyone should be on straight commission. I don't mean that. But, you know, you're only as secure as your own ability to land the next thing because you have talent. Yeah.

And people want to work with you. Yeah, marketable skills and personality and so forth. That's your only real security because everything else is smoke and mirrors. The guy making the payroll, he's scared too. And you think you're secure. That's funny. This is The Ramsey show. Have a friend or family member that needs a daily dose of Ramsey advice in their life.

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