The Ramsey Show - App - I Wrote a Book as a Side Hustle...What Now?

Episode Date: May 19, 2022

Dave Ramsey & George Kamel discuss: The timing of when to start a family, Launching a book as a side hustle, Helping a family member sell a house. Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6

Live from the headquarters of Ramsey Solutions, it's the Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. George Campbell, Ramsey personality, is my co-host today. He's also the host of the Entree Leadership Podcast and the podcast that has absolutely exploded in listenership called The Fine Print. You can find all of those with Ramsey Networks. Be sure and check them out. We're here today to talk to you about your relationships, your mental health, your boundaries, your money, your job, your career, whatever it is in your life you want to talk about.

It's a free call. Some say the advice is worth exactly what you pay for it. The phone number is 888-825-5225. That's 888-825-5225. Jennifer starts this hour off in New York City. Hi, Jennifer. Welcome to The Ramsey Show. Hi.

Thank you so much for taking my call. Sure, what's up? I have a question. We're on baby step number two, and to increase our income, I decided to write a book. Now, I've recently finished it, but I don't know where to go from here. There's so many master classes and websites and all of these things out there and you don't know if it's a scam or not to platform it i don't know where to put it okay good question what's your book about um how to begin your gluten-free lifestyle when you get diagnosed with celiac disease wow okay wow well um what we did the very first book I did was called Financial Peace. And I, you know, it was very analog world in those days. There was no internet. And so it was all about just guerrilla marketing, we called it, just hand-to-hand combat. And just how can we get the book out there today you've got some digital tools available to you that make it much much easier than the way i did carrying the books around in the trunk of my car and um so what i would tell you to do first is probably just jump on the amazon platform

you can take your manuscript download it put a cover on it um and just sell it as an e or sell it as a demand and they'll print them sell them on demand they've got a whole publishing system there and get started with that it's not very economical and so you don't make a ton of money uh on your first few thousand books but you can get the book started get it, make some money on it before you spend a bunch of money to market it. Okay. Okay. The second thing I would do is investigate on-demand printing other than Amazon. And then I would be looking for websites like the Celiac, anything having to do with Celiac, right? And try to write articles with some keywords in it that bring up celiac so people that are searching celiac will find that and then can link to your book.

You could link them to your Amazon. That would be okay to do too. But somehow let that world that's out there know that you've got some ideas and opinions about it. George, you've done a lot of online marketing. As a matter of fact, that's what you used to do before your personality. And I'm gluten-free, so this is a great crosshairs. Are you really?

Yeah. Well, my wife is celiac, and so I didn't adopt it because of that. Why did I answer this question? I didn't know any of this. Well, the principles still stand, but I just had some ideas for her on top of everything you said, which is great advice. First of all, as a side hustle, you may want a more reliable source of income. So you may want to go do something that can produce money today because the book may not take off like wildfire.

This could be a five-year journey to get this kind of business off the ground. But something else you could do is nutrition coaching, and then the book can be a part of that as an add-on. So that may be something you can do today. We sit down with people who are recently diagnosed. I'm just a person suffering from celiac. My daughter has celiac and I just remember how overwhelming it was not to know where to start. Oh, absolutely. I think it's a great resource. I'm not an expert, but I just wanted to help the people.

There's a lot of like Facebook groups that you can jump into and start offering some of your resources and say, hey, I was just diagnosed with this. I wrote a guide that I hope helps others that are experiencing this. And if you search on the Internet, there's tons of forums, people that are wondering about this, recently diagnosed, and they want to know how to navigate this. So you need to be proactive in going to find those people right now to get this thing off the ground. And the good news is you can do that any time of the day like after the after the kids are asleep you know i mean you you can hustle while others sleep in uh working these chat rooms working these forums working these facebook groups and if you've set the book up as an on-demand uh amazon product you can just drop your amazon link in there and go if you want

it here it is and but i i would suggest uh not overtly selling but instead kind of give your opinion give some suggestions give some help empathize show them how you felt in in your response say on a facebook group if you go in there and just start selling stuff a lot of them will boot you out uh but if you go i did all this and i wrote this if you want it it's okay but um you don't have to go in there and be the bookseller of the world but george is right i think some other streams of income are going to be really important uh this is a missional thing for you matters deeply to you but here's the actual numbers okay of all the books published in the united states 90 and by publishers professional publishers that are supposed to know what they're doing 90 of them

never sell over 8 000 copies okay so a book that sells 100 000 copies or more is a unicorn there's not many of them now we specialize in unicorn production here at Ramsey Solutions. Our books generally sell several hundred thousand copies. Baby Steps Millionaires, for instance, is about to hit 300,000. It came out in January. But we've been doing this bestseller stuff a long time, and we have an unusually large marketing platform that allow us to create those situations. But just to tell you, just putting a book out in the wild and never having done it before.

Waiting for the checks to come in. And not really having a platform, the chances of it. And your subject, honestly, is very nuanced to the point that George deals with it in his home every day, and I didn't even know it, and I know George pretty well. So just, I mean, you're're gonna have a limited audience obviously and so it's not it's not a broad market uh subject yeah it's a nuanced subject it's not for anyone who wants to lead a healthy lifestyle it's a very specific thing but dave your story of putting your book in a video store back in the day is inspiring and that's the kind of proactive mindset i want jennifer to have where she goes'm going to go to a local business, a nutrition coach and say, hey, can I put my book out front?

Okay. I'll split the cost, you know, whatever that is, get creative and start trying different things out. Have some fun with it. But I think my point is back to yours. And that is, let's not count on this to be real side hustle income. It might be just more missional. It may not get you out of debt faster if it makes some money that'll be great too i'm glad for that but i think you'll make a whole lot more money doing a more traditional side hustle uh as while you're working on your book do both you know but but if you're saying this is going to get me out of debt no it's not low probability of that uh the length of time it took me to sell my first 1 000 books uh was absolutely amazing

and again i was doing in an analog world i didn't have the benefit of on-demand publishing i didn't there were no such thing as chat rooms or forums or couldn't just start an instagram account there were chat rooms it was just called the lunch room at the uh middle school that was called a chat but there was no there was no internet. So this is The Ramsey Show. Hey folks, there's never been a better time to find a job doing work you love that matters to you. That's why I can't wait to tell you about the exciting roles open here at Ramsey Solutions. And these aren't your average jobs. These are life-changing jobs that matter. You might think we're just a radio show out in the middle of sticks in nowhere Tennessee, but we're so much more. Our creative team is over

120 people. Our marketing team has over 100 team members. And our product engineering team is over 250 strong. With over 1,000 people on the entire Ramsey team, we are breaking into new products and ways of delivering hope to the masses. Digital products are the future. So, in order to help more people with these digital tools, we need more talented team members to join us, especially developers, UX designers, and writers. You could be a great fit. So come do work that matters with us. Find all of the open roles at ramseysolutions.com

slash careers. That's ramseysolutions.com slash careers. George Campbell Ramsey personality is my co-host today on On the phone in Dallas, Texas is Logan and Aaron. I'm sorry, Aaron is with us. And I'm here to do a debt-free scream according to my screen. How much have you guys paid off? We paid off $119,424. Way to go. How long did this take? Right at 24 months.

Good for you. And your range of income during that time? We started about $58,000, went up to $135,000, and now we're about $95,000. Cool. Good for you. Very good. So what do you guys do for a living? I'm a full-time firefighter. I'm a trauma ICU nurse. Oh, wow. Very good. What kind of debt was your $119,000? Well, unfortunately, we were very normal. So it was, we had, both of us had student loan debt that we kept putting off. So we had a bunch of interest with that. We had two vehicles. We had medical debt, a family loan, a lawnmower. Uh-oh.

How much do you owe on your lawnmower? I owed $3,500 on the lawnmower. That's not as bad as I've heard, so I'm glad. I mean, that's as much as I borrowed from my first car, but yeah, no big deal. Oh, my gosh, you guys. How long have y'all been married we've been married uh 10 years this past december so what happened two years ago that put you on this ramsey journey um well um again unfortunately so when we got married um so like

said 10 years ago my father-in-law came to us and uh or whenever i asked him to marry aaron he said you've got to do two things for me he said uh you need to love the lord god with all your heart body and soul and you got to go through financial peace not like this man yes yes sir and uh the um unfortunate part is he uh he forgot to say that we had to do what the lessons taught so that was assumed so we kind of forgot that oh no no box checking we actually have to implement yeah okay you were dave ish oh not even yeah you just went you just anything to get the girl i got i know what you're doing all right yes sir that's right so we ended up um

in october of 19 uh i was going back and forth to uh uh to dallas We live a little east of Dallas and had a pretty good commute. So I started listening to the show again. And it was that point of I was stressed out. We had two car payments. Aaron wasn't working at that time. I was absolutely stressed out. And it was just one of those I'm sick and tired of being sick and tired, I've had enough. And I came back and talked to Erin that evening. I was like, hey, we've been doing this wrong this whole time. Let's finally do it. And she was like, you know, God was putting on my heart to let's do this again too. And it was game on after that.

Wow. So what did you guys do? Did you go back through FPU, read a book? What kind of got you back on track and motivated? So I have a copy of Financial Peace, and I read that again. And then we did go through or get Ramsey Plus again, went through the lessons. Our church was putting on the class at the time, so we also got plugged in with that. I jumped on the facebook group uh which was really awesome just because we're able to get encouragement get feedback see other people's you know questions

and stuff and that that was really motivational for us in getting through that two-year grind so the ramsey baby steps facebook group yes sir correct okay they're awesome in there so what's this income jump you went up to 135 back down to 95 what was going on there i went back full time as a nurse and just not that like covid was a blessing by any means but they were in dire need of nurses and so they were paying well and we made the decision to put me back full-time for to help us get out of wow yeah that was one of them and then we did a few other things we sold we sold just about everything the kids are basically all we kept that's all you need at the end of the day yeah oh that's that's right and uh my i actually got several raises um at, and then Erin went to PRN,

which is just a very limited part-time because she wanted to go back, be back at home. Her mom was battling ALS at the time, and she wanted to go back and be with her. So we were willing to take that pay cut going back down. Yeah, once you got free, yeah, for sure. Yeah, very cool. That's good. I can be with her. So we were willing to take that pay cut going back down. Yeah, once you got free, yeah, for sure. Yeah, very cool. That's good. Well, the good news about nursing is you can jump in and you can jump out and you can jump back in.

I mean, you can do whatever you need to do, and that's the beauty of her situation. And you guys just decided to game on and knocked it out. What do you tell people the key to getting out of debt is? My key and our key for it was i have two was get mad at it you have to get mad at it and you you can't give up the fight you can't get lazy you can't look at what anybody else is doing you have to look at your spouse or if you're single look at yourself in the mirror and say we're going to do this and then the second one which is even bigger is uh prayer both of those are really good ways to get mad yeah that's right that's some of my best prayer time yes yeah that's uh my my my thing was that it was just finding that why because we had

the head knowledge back from 10 years ago and it that really wasn't enough for us and until we got our why and that sick and tired and just mad at ourselves for what we've you know the situation we put ourselves in well in a sense in a sense what you tolerated yes sir correct you just said i'm and to aaron's point you have to reach the emotion say i'm not going to tolerate this, I'm not going to tolerate this anymore. I'm not going to tolerate this situation. I'm going to tolerate this behavior. I'm going to tolerate these products in my life.

I'm going to tolerate life done this way. We're going to do it a different way. And when you reach that sick and tired of being sick and tired, that's a very good point. When people finally say, I've had it, that's when they change their lives. That's good. You guys are powerful. You're very cool. That's good. You guys are powerful. You're very cool. That's incredible.

How old are you two? I'm about, I'm 32. And I'm 31. And you're free. How's it feel? Irreplaceable feeling. Yeah. That was, I was able to take, actually go on a men's retreat the weekend after we got debt free.

And it was amazing. It was the first time I hadn't been stressed out taking a trip my entire life. And we've been called to be givers and God called us early in our marriage. And we just always like, how are we going to get there? And now we see, we see like, okay, we're going to be able to give like we've always wanted. Wow. There you go. That's big. I love that. I love it. Very well done, you two.

Very well done. We're proud of you. Great, great job. Who were your biggest cheerleaders outside the two of you? Well, her dad and mom were very, very helpful. Thankful that you're going to do it since he made you go through the class. That's about right. I mean, he's just so proud that we did it, and my folks helped us out as well. And then I've spent so many times calling our FPU leader, Dan and Cynthia Kuhl.

They just blew it out of the park, and they gave their story of how they worked the baby steps and just the way they presented it just it just blew my mind and that was that was a big moment for me to to really kind of commit to this all right well way to go guys we've got a copy of baby steps millionaires for you that's the next chapter in your outrageously generous story that's where you're going to be you're going to put yourself in a position you can give away numbers that you only used to dream of owning and uh pretty good stuff how ordinary people built extraordinary wealth how you can too our number latest number one bestseller around here at ramsey and uh send you a copy of total money makeover for you to give and uh disturb somebody's

life with that and uh give it away and mess with somebody a little bit. Proud of you guys. Very, very well done. Logan and Aaron in Dallas, Texas, $119,000 paid off in 24 months, making 58. She goes back to work up to 135. She decides no more after I'm debt-free, back down to 95. Count it down. Let's hear a debt-free scream.

All right, we brought Lydia and Gabby, our kiddos, with us, and they're going to do it with us. All right, y'all ready? Allby, our kiddos, with us and they're going to do it with us. 3, 2, 1 We're Dead Free! This is how it's done, ladies and gentlemen. This is how it's done. They even sound adorable.

That's sweet. Man. They are adorable. We saw the YouTube pics for those of us that get to cheat that way. Cute kiddos. Oh, that's fun. Young family changed their whole family tree, changed their future. They took control.

They're not waiting on someone out of Washington to fix their life. This is The Ramsey Solutions on the Dead Free Stage, Matthew and Vanessa are with us. Hey, guys, how are you? Doing good. How are you? Welcome. You come sliding in sideways, barely making it from the airport.

Oh, my gosh. No, I mean, it was a traffic jam in Kentucky. There was a traffic jam up in Kentucky just out in the middle of nowhere, and we were at a dead stop for about 45 minutes. Okay, so I don't understand why you're coming through Kentucky if you're from Houston. Well, we went to see the Ark and the Creation Museum in Kentucky, and so we ended up staying in Lexington yesterday. Oh, okay.

And so we got up early and came here. But you didn't know about the world-famous Kentucky Traffic Jam? No, no, apparently not. No idea. It's because there's not one. Well, congratulations, guys. How much debt have you paid off? So we paid off $213,900.

Goodness. How long did this take? 58 months. 5-8? 5-8. Goodness. How long did this take? 58 months. 5'8"? 5'8". 58 months. Yes. And your range of income during that time?

So we started this journey separately before we were married. And so my income was around $36,000. Hers was around $10,000. And we got all the way up to about $125,000. And we're back down to about $114,000. Cool. What do you all do for a living? I'm a GIS analyst.

And I'm an accountant. Very good. So this is a five-year deal here. How long have you been married? We've been married about three and a half years. Okay. So what was the debt? What was the $214,000?

So $50,000 was our student loans, and then the rest is our mortgage. You paid off your house! Yes. Looking at weird people! You're strange. I love you. How old are you two? I'm 30.

I'm 28. And you have a paid-for house. That's so weird. It's unbelievable. What's the house worth? It's worth about $250 right now. And it's yours! Yes. I and it's yours yes yes i love it yeah baby wow what in the world inspired you to do this at your young age this is amazing uh i heard about you in college

but i didn't really start following you until i got my first big boy job um because i just didn't make enough income uh but honestly whenever i first started i just didn't make enough income. But honestly, whenever I first started, I just didn't want to be homeless. So just paying my bills, basically. And then I just kind of got inspired by hearing all these people paid off their mortgage. And so before we were married, I set a goal for us to, for whenever we bought a house to pay it off by the time I was 35. But we obviously blew that goal out the window. So, yeah. So whose idea was it to not only tackle the student loans, but the mortgage too? It was mine. I'm a big Dave Ramsey nut. So if you go in, you're going all in.

Yes, I'm all in or all out. And so this plan fit me perfectly, especially since I'm just a gifted saver. And I just love being able to see that bank account grow. And so having no debt is obviously the key to becoming wealthy. Yeah, way to go. So, Vanessa, he told you this is how I roll. What did you say? I was a little hesitant at first. I was like, are you sure?

And then as we went on and we paid my student loans off, I was like, maybe we can do this. I can see it now. So I'm curious, you guys did all of this in your 20s. Most people in their 20s say, well, Dave Ramsey's playing me. I'm not going to have a life. I'm going to miss out on my entire life. Do you feel like that having done this? No, honestly. I mean, we still did like a trip to san antonio and then last year we went to uh right before we paid the house off we went to daytona international speedway because i'm a big nascar fan and uh but we still went out to eat i mean we still hung out with friends but we didn't just sit there and scrap lent the whole week and sit there and live on

beans and rice um i mean our budget bill our, our grocery bill wasn't tremendously large, but we still did some things and still ate out. And like I said, we didn't just stay home all the time. So Dave Ramsey didn't scar your youth? No. No. He helped my youth. That's amazing.

Thank you, George. Thank you. I've been redeemed. I want to sully your good name. I just want to make sure we get that out there for you people. Good for you guys. Way to go. You're incredible.

How does it feel to be completely free? Unreal. Unreal, amazing. I mean, the sky's the limit right now on what we can do. We're already being able to bless people, and it's such a blessing to us. We're about to lead our eighth FPU class next week, and we've had a total of almost $230,000 paid off in all our classes at our church. And we're just thrilled that we're going to be able to help people

and that we're going to be able to be outrageously generous. Yeah, way to go. What a testimonial now as you lead more classes. You go, we got a paid-for house. Wow, yeah, that means because, you know, there'll be some guy in there that thinks he's got it all together, and then they're looking at this guy who's 30 years old with a paid-for house, so that kind of like is shut up, right?

Yeah. Great testimony there. Very cool. Way to go, you guys. Woo! What do you tell people the key to getting out of debt is? Beanie babies and pokemon cards no not really not really not really just uh he's been saving that one up while he was sitting in

traffic i dreamed that yeah he actually mentioned it whenever we were in traffic i just had to stick that one in there dave i I know. I can tell. But, no, I think just perseverance and just having a vision beyond just Friday. I mean, it's just totally worth it and that people definitely need to get on this plan, even if it means sacrificing two or three years of your life to do it. Like I said, it's just totally worth it. I don't even know how to explain it whenever we pay the mortgage off. I just wanted to jump all the way to Mars. I feel like I could defy gravity at that point.

But knowing that our kids aren't going to have any debt in the future is tremendous because that was one of the goals of ours was to have no debt whenever we had kids. Mom, Dad, we're not pregnant. I'm sorry. But just being able to change our family tree and be able to be generous to whoever needs it at that time and that we're going to be able to spread god's work um because we're we're completely debt-free and then we're financially stable well way to go you guys very cool very cool good work good work well we've got a copy of baby steps millionaires for you that is definitely the next

chapter in your story you're heading that direction very very quickly and how ordinary people built extraordinary wealth how you can too, number one bestseller. And on top of that, of course, we'll give you a total money makeover book for you to give away and continue to stir up a ruckus with that. Thank you for leading the classes. You guys are incredible. I'm so proud of you.

Thank you. Thank you. I appreciate that. Very, very, very well done. Who were your biggest cheerleaders? I would say my parents. And my parents also. Yeah.

I think her stepfather was completely baffled and amazed that we paid off our mortgage in basically three and a half years. Because I still have a mortgage. And so I was just, like I said, he was just baffled. And my dad paid their house off when they were 39 and stuff. So just having that inspiration and i kind of had a bet with my dad that i was going to pay that we were going to pay our house off before before uh 39 years old and obviously we blew that out of the water yeah for sure so they're super proud of us um and and all that so you did it before vanessa was 29 so there you go yeah well well she was actually 27 when we paid the house off.

Oh, wow. Okay. Oh, my gosh. And the one thing I was bummed about was I turned 30 last year in April, so I missed paying the house off in my 20s by like five months. Shucks. Oh, wow. I'm bummed about that.

That's just killing me. You guys are awesome. You're killing me here. I love it. Overachievers that's well done guys very well done all right it's matthew and vanessa houston texas two hundred and fourteen thousand dollars paid off in 58 months that's their house and everything at 30 years old and under man making 30 making 46 up to 125. Count it down.

Let's hear a debt-free scream. Three, two, one. We're debt-free! There is hope, Dave. There's hope. Oh, there is. I'll tell you what. You take a house payment, $2,000, $2,500, put that in a growth stock mutual fund from

$30,000 to $60,000, you're going to have a lot of millions. A lot of millions. Just from the house payment alone. Yeah. This is The Ramsey Show. We'll be right back. George Campbell Ramsey Personality is my co-host today. Lucia is with us in Virginia. Hi, Lucia. How are you? Good. Thank you.

Good. How can we help today? Yes, I'm wondering if I should get or consider a trust for my elderly mother. She's going to be selling her home and moving in with us. So the proceeds, I'm kind of nervous about it. I want to do the best for her, protect those proceeds. So I've heard of a Medicare trust and different types of trust, but I don't know where to go with that. What are you protecting the proceeds from? Well, from other siblings that might um you know inconsiderate siblings that might call

every time they have a problem and then my mother would you know dwindle sounds like that's not a hypothetical no we already know who this is. They have a name. Okay. Asking for a friend. Yeah. Yes. Wow. If you put it into a trust and she has the beneficial interest of the trust, that means she's the owner of the assets in the trust in a sense um and you set someone that will say no to inconsiderate siblings up as the trustee your mom would still have the power to instruct the trustee to release the funds

okay there's no way to is if your mom can access the funds which she would need to do if she needed them right then she can access them and give them away and um so you know i i think what we're going to do you know you could put some you could put the money with her permission into an account that requires your signature and her signature and you could refuse to give that signature but if you hired a professional trustee they won't refuse if you set yourself up as the trustee now you could say no mom i'm not going to do it but you're going to end up being the bad guy with the inconsiderate parasite sibling but you probably are to end up being the bad guy with the inconsiderate parasite sibling.

But you probably are anyway, aren't you? Yes. Well, I mean, generally the responsible one is the bad guy or the parasite. That's generally the way it works in families. Have you talked to your mom about this, had this conversation with her? No, no, not really. I wanted to get, you know, the information and then present it to her of what, you know, we should do. What the options are.

I think what I would do is make sure that she has a good estate plan, and while you're meeting with the estate plan attorney, ask them what some legal methodologies are to make it difficult for your mom to access the money in a moment of weakness, in a moment of enabling to a parasite sibling. And just talk out loud in front of her to the estate planner about that. They could probably tell you if there's a way to structure a trust to do that. And you could meld that into the estate plan. That's one thing to do. You could set up a simple bank account that requires both signatures. That's not a trust, but it just requires both signatures, yours and hers,

and you're not going to give it. That one's very clean. If you're going to set up a trust, the trustee would need to be someone who would say no. And again, an attorney is not going to say no. They're going to take the instruction of the person that has the beneficial interest. They're going to be uncomfortable otherwise, and you're just going to look at her and say, No, no, you can't do that, Mom, because you're going to need this money. I don't need the money, but you're going to need this money to take care of you.

And, you know, so that's the two things that come to mind. And no matter how it is structured, whatever you decide to do with her input and maybe with the input of the attorney, I think you go ahead and have a little um a little town hall meeting here with the spout with the other siblings and say listen here's what we've done this is mom's money and nobody can get to it except her we've trapped it so that kind of puts them on notice don't even ask because it's useless for you to ask and then you're not put in the position later that says oh i'm the one that has to say no but if you just

act like hey we put it in a lock box a legal lock box and it can't be opened so you can't get it and just let them know to don't bother and i i do i do that as a conversational head them off at the past thing and put it put it in the rearview mirror but that's not an unusual thing you're facing by the way parasite siblings with an enabling mom uh is is a fairly standard playbook we see out there a lot great creates a lot of relational drama especially you don't have this conversation and all of a sudden mom's gone we're all trying to fight about it now so i like having the conversation now. Yep. David is in New Mexico.

Hi, David. How are you? Hey, Dave. Hey, George. Thanks for taking my call. Sure. What's up? So my wife and I, we've really been committing to going through the baby steps.

And right now, we are doing baby step four. And what I wanted to know was when you guys thought would be a good time or a good baby step to start thinking about a baby. So we're at that point where we're considering it. I don't really like public schools in our area, so I want this done them to private school. Do you guys have any suggestions as far as when to start thinking about that? Yesterday. You should already have babies.

Go get babies. Babies are awesome. Okay. What's holding you back right now? Well, so the main thing is to both my wife and i work uh she's a labor and delivery nurse which probably explains why she's really wanting the baby um so uh my concern is once she has our our first baby that i would really like for her to be able to stay home uh that's going to have a shift in our income yep and so i don't want us to have to take any steps backwards since we've been able to move forward so well.

You shouldn't have to take steps backwards. You structure your household to where you live on your income. Can you afford to live on your income alone, David, today? So the biggest issue would be the mortgage um you know we we took on the the mortgage prior to the whole you know dave ramsey baby steps um you know so it's a little bit more than our uh that portion of our income um so right now at my current income that probably might be feasible but we definitely have to do the whole beans and rice rice and beans again um you know so well maybe that you

choose to not live in that house to have babies or you choose to not live in that house to have babies and her be at home with them or she works uh you know 31212s, which a lot of nurses do. And a newborn's not going to private school, so we don't need to worry about that right now either. At least not in my house. No. Do they have private schools for newborns? That's scary.

I suspect, yeah. Oh, boy. They got everything for newborns. But, yeah, listen, we don't tell people when to have children. It's not a financial step. The baby steps have nothing to do with babies. And so, you know, you have babies when you and God decide to have babies, and that's the time to have babies.

And I'm a big fan of babies. Yeah, and it becomes a line item in your budget. That's it. Yeah. It's an added expense. And so what you're doing, David, is you're saying, okay, I really want my cake and eat it too. I want to be able to live in this house. I want to go to private schools.

I want her to not have to work. And I want us to prosper and go forward. And you can't have all that. You're going to have to choose something. Your income is going to have to go up. She's going to have to maintain some kind of income or you're going to live in a different house or or or or and thus is the joy of raising a family but um yeah i i highly recommend it anyway yesterday it's uh it's the babies are the

best thing i've ever done and i've done some really cool things but babies are the best the only thing better than the babies, of course, is the grandbabies. And if I'd have known how great grandbabies were, I'd have been nicer to their parents. So there you go. Rachel and Daniel and Denise, they ended up just fine. They turned out. They're great. It's okay. But yeah, it's because

of their mom. This is the Ramsey Show. 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.