The Ramsey Show - App - I'm Being Sued for Credit Card Non-Payment (Hour 3)

Episode Date: November 25, 2021

Debt, Career, Business As heard on this episode: Sign Up for a FREE trial of Ramsey+ TODAY: https://bit.ly/3rZTUAx Tools to get you started:  Debt Calculator: https://bit.ly/2Q64HME Insurance Coverage Checkup: https://bit.ly/3sXwUn5 Complete Guide to Budgeting: https://bit.ly/3utmVXi Check out more Ramsey Network podcasts: https://bit.ly/3fHhbVE

🎵 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. Christy Wright is my co-host today. Ramsey personality, number one best-selling author of the book, Business Boutique.

Thank you for joining us, America. We're glad you're here. The phone number is 888-825-5225. Kristen starts off this hour in Eugene, Oregon. Hi, Kristen. How are you? Good, Kristen. How are you? Good, Dave. How are you today?

Better than I deserve. What's up? Great. Thank you for taking my call. I wanted to call. My husband passed away suddenly about eight weeks ago. Oh, my. Sorry.

What happened? And so I am trying. He died of COVID complications. Oh, my. I'm so sorry. How old was he? He COVID complications. Oh, my. I'm so sorry. How old was he? He was 58. Oh, my.

I'm so sorry. Okay. Thank you. How can we help? He did most of the finances for me and him. Our children are 29, 26, and 21, so they're grown and out of the house. I knew we did the finances together. We did a budget every two weeks or every month, and then every time we got paid,

divvied the money up into envelopes and did that. But we did have a collection account from 2009 because he was diagnosed with leukemia back in 2005. At the time, we didn't have insurance, so all of his chemotherapy treatment ended up being turned over to collections because the hospital would only carry balances for six months and then turn people over to collections. With that being said, it was about, we started at about $125,000, and now we are down to, I guess I am down to $29,500. And we were just about ready to possibly make an offer to them and see if they would settle that out with us. And now that he's gone, they're kind of pressuring me.

They have a lien on a house that we have, and I just was hoping to get your opinion on maybe trying to settle that out with them. I just need to get that over my head, gone. Is this one singular bill? Yes. It's one singular bill. There's $29,500 from the old cancer treatments back in the early 2000s. Late 2000s, yes. And they sued you and took a lien against the house? Yes, they did.

And what is it, hospital yes okay yes it was originally the hospital now it's at a collection agency uh well it's at a law firm now um okay because they've sued you it's gone past collection agency collection agency may have a law firm in house but they're um okay okay and so do you have money i can i i have some life insurance that i could use um i how much um about a hundred thousand okay good good i couldn't get a whole he never could have a lot of life insurance. What other debt do you have? I have a car loan that is about $3,000, and I have a travel trailer that's about $2,400. Are you going to keep it?

The travel trailer I am for now. I'm just not ready to let it go right now. The house that has a lien on it, what is it worth? It's worth about $425,000. And is it paid off? We owe about $144,000 on it. But that's not the home you live in? No.

We moved for his job, and so we kept that home. And it's rented? It's rented, yes. But currently I rent. I don't own a home that I live in. Okay. Well, you got a lot on your plate for a really fresh, recent tragedy. and so what I always try to do is do as few moves as I can this close to the loss because it's hard to think clear this close to the loss. Where is the other house? It's in southern Oregon. It's not in the same town I live in.

Gotcha. Okay. All right. So what I would do is call. Do you have a law firm that has the lien? Do you have records of a law firm that did the lawsuit? Probably. I'll have to look back through the records. I would rather you call the law firm than the collection agency, because the collection agency is somebody who's been working there about two weeks, and they sit in a cubicle, and they have zero power and zero sense in most cases.

Sometimes you can get somebody, but it's very rare. So what I'm trying to do is get to somebody that's allowed to make decisions, and if you can even get a good paralegal at the law firm, you've got a better chance than you do a collector in a cube. So I'd get them on the phone and say, I'm willing to settle this for a lump sum today. If you make me a deal, what will you make me? It should be 50 cents.

Okay. 15 grand ought to settle this. They may start a little higher, but no matter what they say, go, Oh, my gosh, you're kidding. I thought it would be better than that. Okay. Act surprised about how horrible their offer is, no matter how good it is. Okay.

Okay? Because for them, this is a game. For you, this is your life. Exactly. Yeah. And so mess with them, this is a game. For you, this is your life. Exactly. Yeah. And so mess with them, kiddo. Have you got enough stuff inside of you right now with all this pain to do that? I think so.

I think so. It's just tough. I mean, I've lost about three-quarters of my income, you know, losing my husband. And I'm trying to make it all work. So what I'm going to do is you call up and they say, okay, we'll take $10,000. Go, oh, my gosh, I so thought it was going to be better than that. Can you not do any better? Okay.

And just see what they say. And when they say seven, say, okay, I guess. But if they say 15, say the same thing. And just go at them a couple times in one conversation. Now, in writing, they have to send you an email or a certified letter or something in writing saying they will accept that amount as settlement in full and then you wire money to them no electronic access to your checking account under any circumstances and no deal until it's in writing if If it's not in writing, it didn't happen. Okay.

They lie. Yeah, definitely. So, if you have more than one conversation and this starts to drain you, hire an attorney. Pay somebody $1,000 to go do this for you. It'll be worth it. Okay. Because you may not have the... I'm not sure I'd have the chops, and I do this all the time. Right. And I'm not sure if Sharon was gone, I'd have the chops, and I do this all the time. Right.

And I'm not sure if Sharon was gone, I'd have the chops to go fight it eight weeks later, okay? So don't let yourself get pinned in the corner because of the situation you're in emotionally. But take one run at it. And let me just tell you, I think a year from now that house is sold, and you're buying a house with the equity from that, and you're setting yourself up in a whole different life that's a lot more conservative than the one you're buying a house with the equity from that and you're setting yourself up in a whole different life that's a lot more conservative than the one you're in. I do not want you to keep that house long term,

but you don't have to be in an emergency to sell it immediately. In an uncertain world, being a good steward of your money is more important than ever. While some circumstances can't be controlled, there are items within your budget you can take charge of, such as your health care costs. For nearly 40 years, Christian Health Care Ministries, or CHM, has provided a budget-friendly means of sharing for medical bills when our members need it. Learn more by visiting chministries.org slash budget. That's chministries.org slash budget. That's chministries.org slash budget. Christian Healthcare Ministries is a Ramsey Trusted Provider. According to the United States Census Bureau, nearly one in ten people relocated last year. And that was 2020. That means this year there's a good chance you or someone you know is planning a big move.

Now, I know it feels like there's a thousand unknowns that you're juggling when you're relocating, but you cannot lose focus of one of the most important personal and financial factors in your move, your housing. I recommend hiring a quality real estate agent like one of our endorsed local providers or ELPs to help you find the right home in your new city. ELPs are top performing experts in their local market and have years of experience helping folks just like you make successful moves. It's easy to get instantly connected with an endorsed local provider agent. Just go to RamseySolutions.com slash agent to talk with a Ramsey-trusted agent about how they can help you with your relocation. RamseySolutions.com slash agent.

They're Ramsey-trusted. Blinds.com is our question of the day. They have a 100% satisfaction guarantee. It means even if you mismeasure, you pick the wrong color, they'll remake your window blinds for free. You'll get free samples, free shipping, and with the new promos they run every month, you'll save even more. Use the promo code RAMSEY to get the best deal.

Today's question comes from Jackson in Utah. I'm currently working in sales for a software company, but I want to start my own software business. I'm debt-free other than my mortgage, $245,000. Should I pay off my house before starting my own company or go for it once I have enough cash to build the product and start selling it? You just cashflow it and you can do that now. Baby step six is number six for a reason and Dave, I work with a lot of people that start businesses that don't need a lot of upfront costs. But if you can cash flow that,

you can do that now. Unless I'm missing something. I think you start your own software business. If you can start it on the side while working for the current company without any ethical problems or conflicts with customers or anything like that,

then I would. I would get it going and get the product built, and you can start selling it on the side. You don't have to just quit your job to go do that. As a matter of fact, I wouldn't. Right, yeah. And I would say, especially with something like software, start out with your 1.0 version. This doesn't have to be the Cadillac version where you save up a ton of money, prove your idea and your concept, start it on the side with a 1.0 version. This doesn't have to be the Cadillac version where you save up a ton of money, prove your idea and your concept, start it on the side with a 1.0 version.

You can improve and iterate over time, and that will help you get it to market faster and get feedback faster. Yeah, absolutely. Because you're going to iterate anyway. Whatever you put out there is going to change. You can count on it. Open phones at 888-825-5225. Josh is in Appleton, Wisconsin.

Hey, Josh, how are you? I'm doing fabulous, sir. How about yourself? Better than I deserve. How can Christy and I help? First of all, thank you for taking my call, both of you. Sure. My question is about my 18-year-old son graduated.

He's gone through a youth apprenticeship program and showing up for work every day, all that good stuff. The company he's working for offered a contract to reimburse for technical college in a trade in machine but but there's not and he's required to work for three years otherwise if he quits within that three years says this isn't for me or whatever he has to reimburse them so my question is he loves working for them. They've treated him very well. I like the company. We met with the owner a couple nights ago, and everything looks right. But there isn't a dollar amount to when you're done with your apprenticeship program, this is what you're going to make. He told us this is what he's going to make and said, I guarantee it,

and he said it twice. What direction do I go with that? I'm sorry, what was the – I thought you said you didn't know. So you do know what he's going to make? In a handshake, basically. Okay. But not on paper. It's not in the paperwork. Okay. It's not in the paperwork okay it's not in the

ask them to put it in the offer letter okay when we hire someone here we give them an offer letter that states their start date what they're going to make what their benefits are so they know what they're signing up for and it's us putting it in writing so they know what they're signing up for, and it's us putting it in writing so they know what they're getting when they come to work here. Sixteen new people came to work here on Monday. All of them did so several weeks after receiving their offer letter. And so it sounds like this guy is a former machinist himself that runs a small business. Yes, it's a smaller company. Yeah. He's just not he's not uber he's not super he's not super sophisticated in his hr that's all he's probably a great guy

and uh so what i would do is just say uh since he's gonna owe you the money back on this handshake you're gonna want to put that in writing in the form of a letter so just send him a letter saying how much he'll make after the apprenticeship, what you told us in the meeting. And go ahead and put in the letter that if he doesn't work three years, that he's going to have to reimburse the technical college. And, of course, you're going to look at your costs on the technical college, and your son's going to know he's on the hook for that.

Right. And he could cash flow it right now on his own. He's been working and saving everything. Well, and so he could write a check if he had to quit or got fired or something. Right. But he really likes the place. But I'm just saying, how's your son going to get pinched on this? One would be if he didn't get what was promised on the income,

or two would be if there's some kind of sideways thing on the reimbursement on the college. And so all you've got to do is just put both those things in a letter to your son from the owner, and then you know you've got something you can bring back. It's probably not a binding contract. That's not what I'm asking for, if I'm you. But it's a point of clarification, and it's in writing in case people forget. We're all on the same page. I got to tell you, I put stuff down in letters all the time to people,

what I've promised them, so that I have a copy of it so I can remember what I said because I got a couple deals in the air. Right. And it looks like he's going to keep growing. The business looks really strong. Yeah, you'd go with this. I mean, you're hearing red flags, Christy? yeah it's just it's a matter of just clarifying it's just a good old boy running a business and he he thought the handshake was clear and you're like

yeah it is clear let's also put it on paper so we can remember it that's all it is it's just an extra step for you to feel good about it you know just say listen it's not an act of disrespect would you mind uh just for our sake for our peace mind, giving him an offer letter of what you're offering him in income and in tuition reimbursement and what his responsibility is? And you can kind of wink at the old guy and go, and so this is also for him to remember he owes you that money if he leaves. I want him to understand he's getting on the hook here. And this is you telling him how to coach your son up, you know, kind of thing. Yep. And that way it's not offensive to him.

Right. You're just saying, hey, put it in an offer letter. That way I can make this 18-year-old knucklehead stay on track. I'll help you with him. And then we all know what we said, and it's real easy. And it's not that we're questioning your word at all. Yeah. And he'll do that.

It's a simple letter. Have your assistant write out a quick letter and send it to us. Just send him an offer letter. Just call it an offer letter because that's really what it is in HR terms. But you're wise to clarify it and get it in writing, mainly because people get busy and they forget. Most people aren't dishonest, but sometimes they get busy and they forget. Open phones at 888-825-5225.

Christy is talking these days and did at Entree Leadership in depth about balance in our lives, about spending our time as carefully as we spend our money. And Christy and her team have developed the 24-hour challenge. They want to give you 24 hours of your week back by using their free Time Finder. If you want to get the free Time Finder to check on your time like we check on your money, text TIMEFINDER to 33444. Text TIMEFINDER to 33444. We'll be right back. Christy Wright, Ramsey Personality, is my co-host today. Open phones at 888-825-5225. On the debt-free stage in the lobby of Ramsey Solutions, Chris and Amanda are with us.

Hey, guys, how are you? Doing very well, thank you. Welcome, welcome. Good to have you. Where do you guys live? Ozark, Missouri. Ozark. Awesome.

Beautiful area, huh? Yeah, it is. Cool. And all the way down here to do a debt-free scream how much did you pay off? $278,767. Wow how long did this take? Four years, one month, and 19 days. Love it and your range of income during that time? About $130,000, $135,000, $140,000, somewhere in there. What do you guys do for a living? We're in higher education, both of us. What are you, professors? Uh-huh, yeah. Okay, cool.

Good for you. Yeah, thanks. I teach chemistry for a junior college. I'm a chair over a Master's of Science in Nursing program, and I teach in that program as well. Wonderful. Awesome. Very cool. So I was going to say four years and $279,000 might be a mortgage, but that might be student loans.

Yeah. A lot of it. We had to pay for a lot of brains. Oh, my God. Between the two of us, we have... We've been purchasing brains. Yes. We have five degrees between the two of us.

Wow. It's too much. We over-degreed ourselves. It was... Wow. It was bad decisions all around that's okay you're professors we are we are using it yeah and you know what honestly we're lifelong learners we love to learn you know so it was really good to teach we love to teach we love our students both of us were really passionate about it we We just regret about getting there the way that we

got there, but that's okay because we were able to get out of it. Now we're kind of on the other side. It's in your rearview mirror now. It definitely is. So, how four years ago, the time that you finished the last degree then? We started the program

in the middle of it, though. Yeah, we started the program about half a year before I completely finished my Ph.D. Okay. Okay. So you were doing dissertation and stuff as you were doing it. I was, yeah. Wow. What's your Ph.D. in?

Educational technology. Online teaching is sort of my specialty. Wow. You got a little bit of a future. Wow. Talk about stepping into it. And a dissertation in the middle of a pandemic, huh? Just about.

Well, yeah, just leading up to it. No, no, no, no, no. You started four years ago. I'm sorry. I'm sorry. I am in health care, so, you know. Oh, wow. Yeah.

Amazing. Very cool. Very cool. Good for you guys. So, how long have you, so you were working on your Ph.D. How long have you all been married? Almost 22 years now. Oh, okay.

Yeah. So somewhere along the line of this journey of gathering degrees and education and lifelong learning and all of this, five years ago or so, something happened into the 22 marriage. What happened? So 2017, well, late 2016, we just got to the point where at least I felt like all the money that was going out versus what's coming in, it just ended up being nothing left over.

It just felt like a financial abyss at the end of it. So that's how I felt. But what about you? Yeah, I think that we are both people of integrity and we knew that we were signing for something that we were eventually going to have to pay. And I think as I got closer and closer to the end of my educational journey, I was watching it come. My friends, some of them were going bankrupt. Some of them were starting to get their bills in the mail because, you know, they don't

start billing you for the student loans until you're out. And so I was seeing the size of their bills, and their bills were like mortgage payments or more. And, I mean, it was giving me a visceral reaction. Yeah, I bet. And I think we just, both of us just went, oh, you know, the Piper's coming. Like, we're going to have to figure out a plan to get this taken care of. And we're both people of logic.

And it was so nice to have this to sort of latch on to, to say, okay, here's a plan. Here's a proven method that we can use to sort of work our way through step by step. How did you get connected to us? You know, I watch a lot of YouTube videos. And I just was following somebody who used the Ramsey plan. We got the book, and we both read it, and we decided we were going to get on board. I think it was intimidating to go up against that large number after we actually let the monster out of the closet, because it really felt that way.

I think after we started budgeting and actually doing it and following it, then we started gaining confidence. And, you know, since it was such a four-year-long journey, you know, probably in the middle of it felt, you know, felt stagnant. But we were making progress, so we kept going. You know, but the last year went a lot faster, of course, with COVID. Everybody was at home, so there was no way you're going to spend money anyway. So, you know, it was, we leveraged the advantage of, you know, we were paying off all the student loans at the end because they were the biggest part. And so, you know, we just kept going. It's gone.

So we don't have to worry about it. So I'm interested with the amount of education, and you said we're people of logic. Because so much of what we do, we approach this through almost emotion or behavior modification anyway. But when you laid down like the baby steps in front of you or the desk snowball in front of you, it was just instantaneous. You just saw it and said, okay, let's do it. I mean, I think that I watched other people sort of on YouTube

who had done it and were successful. And I said, well, it worked for them. We can make this work for us too. But we've always sort of plowed face first into life and just done things with a lot of confidence that we are a team and we're going to be able to conquer this thing. So I think this was no different. I think we just sort of came into it very confidently. Like it may take us. And my first calculation, we did the Excel spreadsheet at the very beginning was that it was going to

be seven years. And, you know, we got it done in four, a little, a little over four. Um, we just picked up all the overtime and overload that we could pick up. But what do you attribute the difference? The difference between four and seven? Wow. I think it's just working together at the same goal versus just kind of doing whatever the individual wanted to. You were able to sacrifice deeper than you thought when you did this project. Yeah, we did. We definitely did. It's on the shirt. I mean, we're a team.

And it's so different working together. It's one of those things like my students, there's nothing a student hates worse than a group project, really. But it's such a valuable skill to be able to work with another person and to enhance each other's strengths and also work against each other's weaknesses, but also to work towards a common goal. You almost, it's more than one plus one is two. It's your one plus one is three is three. It's more than that. Team Cole does have their own little university emblem there. They do.

I love it so much. It's pretty cool. They have uniforms. I love it. They probably have a soccer team. We're not. You're not. What do you mean?

I don't know. Well done, you guys. I'm so proud of you. Thank you. When people ask, now you paid off $279,000 in four years and one month. How did you do that? What's the secret to getting out of debt? I think being a team and sticking to the budget, even if you don't have the confidence yet,

I think you gain that over time, and you've got to both show up to the meeting. You can't get to escape out on it. You can't get to skip a month. Yeah, and I think working the plan, you know, you find that plan that works, and then you commit yourself on it. You can't get to skip a month. Yeah, and I think working the plan, you find that plan that works and then you commit yourself to it. I mean, a million people have said this on the show, but you have to submit yourself to the actual plan

and not try to do ish. Nobody's the exception. Nobody's the exception to the rule. Everybody thinks they're the exception, but the rules are there for a reason and it works. They're there because they work. No other reason. There's nothing here to punish you.

It's to bless you. Yeah. So proud of y'all. Thank you. Very, very well done. Thank you very much. Who were your biggest cheerleaders outside the two of you? Obviously the two of us.

But we had some family, and then I think, you know. And my daughter was amazing. Hi, Allie. And we got a Smartfester who has followed us through this whole thing. So now we're actually using him. Yeah. He helped us out. Thank you, Rick.

And then we also have an ELP with a realtor. So we're moving. Oh, my gosh. Yeah. It was one of the coolest things. It was at the end of all of this, we were able to move into our dream home. Woo! Woo!

I love it! It's been amazing. I have to say Tanya's name. We got a copy of the Legacy Journey for you. That's the next chapter in your story. Legacy is all about what this is all about. And a copy of the Total Money Makeover for you to give away and pay it forward to somebody. You guys are impressive.

Very well done, rock stars. Heroes. Well done. Chris and Amanda from Ozark, Missouri. $279,000 paid off in four years and a month, making $135,000. Count it down. Let's hear a debt-free scream. Three, two, one. We're debt-free!

We're debt-free! I love it! Woo-hoo! Wow! That is so awesome. What a great story. Golly. Golly. I'm James Blaine. Our scripture of the day, James 1.5,

If any of you lacks wisdom, let him ask God, who gives generously to all without reproach, and it will be given to him. Sandra Day O'Connor said, Do the best you can in every task, no matter how unimportant it may seem at the time. No one learns more about a problem than the person at the bottom. Wow.

Amazing. Jordan's with us in Salt Lake. Hi, Jordan. Welcome to the Ramsey Show. Hello, Dave and Chrissy. Thank you so much for taking my call. Sure. What's up?

I just have a question about refinancing my primary residence. Um, currently just got married, um, last year, she and my beautiful wife decided to take on four children that I, that I had into our marriage. So great. Um, we have this primary residence. We built out the basement, um, currently owe about 250,000 on that. I owned another home before we got married. We currently rent out that home, um, owed about $250,000 in that as well. Um, the primary residence is worth quite a bit more to work about 500,000 curious about refinancing, um, doing a cash out, refine our primary residence to start paying down that rental home

and start getting more cash flow off of that. Well, if we reverse engineer that and say, I want to refinance my personal residence in order to buy a rental home, that makes me go, no! You know? And so you didn't get into this rental home because you set out for it to be a rental home. It's by default it was the old place you used to live. Correct, yes. And currently my parents actually rent that home, so it works out great for us.

Oh, no, it doesn't. It's good because they sold their home to get out of debt. That was the biggest thing. So we were like, hey, you can rent it, and we've never had issues with payment or anything. Yeah. How long is that going to go on? Kind of indefinitely right now. I told them they could live there as long as they'd like and it works out great for us

the biggest thing is we have equity in both homes obviously more in our primary residence it's a lot larger home so we can sell that rental home for example maybe cash out sell it and use the money

from it to lower your balance on yours. But now you're putting your parents in the street, so that adds a variable. Yeah. Yeah. That's what I would do. Before I heard about the parents, I had already sold that house a minute ago. But now that makes it difficult.

So I just hadn't gotten around to telling you yet. Wait for a break the uh yeah that so you know you're going to be holding that house as long as mom and dad are in there i guess and um if you're gonna be doing that then we decide okay we we have no other debt right correct yeah you have your emergency fund right and you're putting 15 of your income into retirement then this is just baby step six and it just is a matter of which of these do I pay off. What's your current interest rate on the one you're living in? So they're both the same, 3.375, so pretty decent. Yeah.

I would just sit on both of them, and let's just pay your personal residence off first and your rental off second. Or if mom and dad ever do move on, then sell the rental at that point. But, no, I would not borrow on my personal residence to buy a rental or to pay off a rental either one uh be more i'd have more of a tendency to do it the other way around because i don't put your where you live at risk with more debt uh so we're going to avoid that naomi is with us naomi screwed that up all right let's see here. Naomi is in Fresno.

Hi, Naomi. How are you? Hi, Dave. I'm doing well. So nice to connect with you guys. How are you? Great. How can we help?

Okay, Dave. So I'm kind of lost. I just got summoned last week, and I'm being sued for two credit cards for Bank of America. And so I talked to an attorney. The attorney said, okay, in your situation, we can go ahead and do bankruptcy chapter seven. Yeah, this would be a bankruptcy attorney. Asking a bankruptcy attorney if you're bankrupt is like asking a dog if it's hungry true yeah so how much of the balance on these credit cards

okay so for in total it's about uh thirteen thousand so one you don't file bankruptcy over thirteen thousand dollars naomi no why haven. No. Why haven't you paid them? I'm sorry? Why have you not been able to pay them, hon? I was paying. I had a personal loan, so I started paying that. And then I had another credit card with Citibank, so I started paying that as well. And then I had foot surgery.

And then I had foot surgery. And then I had to take on another job, which I took a pay cut because I moved. So pretty much I just kind of fell on my payments. Yeah. Okay. So what do you make now? What do you make now? I'm on unemployment.

And I make about two weeks. They give me about $1,400. Okay. They're not going to get anything if they sue you. You don't have anything. I don't. I don't even have a car. They can't get unemployment.

And I also have another car for Capital One, which I owe $5,000. Doesn't matter. They can't get anything. You don't have anything. So your problem is not your debt your problem is your income that you don't have right i mean if you got a job making thirty thousand dollars a year we can walk you out of this in no time yeah and i think it's you're not bankrupt honey you're trying to live on unemployment and life is not designed to do that you have no income right and i'm correct and i'm moving in two weeks to uh down to socal um so i'm hoping that by then maybe in two three weeks i can find a full-time

job and maybe get a little more income. You're moving where? Right. To SoCal, Southern California. Oh, SoCal. Why do you keep moving? Yeah. Because my boyfriend's job kind of keeps him moving around. So this is probably like the fourth time we've moved in like the past probably three years. Yeah, when are you figuring out this ain't working for you? It's not working for me so quit following him around and being broke yeah i actually thought about it i actually thought about just leaving and kind of doing

my own thing and uh but with my financial situation it's just been kind of hard yeah um but i have a financial situation is you don't have a job. Right. And it's hard because of what you've been doing for the last three years. It might actually get easier if you could have an income, if you could stay put in one place and get a job and make some good money. That could fix this whole thing. You can clean up this debt in no time once you get your career goals straightened out and get your life straightened out, kiddo.

You do not have a debt problem. You have a life problem and a career problem and your career problem stems from your life problem because you're following duber around and you got no life yeah that's pretty much it yeah so at this point it's like i really don't know what to do and i figured maybe you know if bankruptcy would be an option. No, it doesn't help Sweet Naomi. What helps Sweet Naomi is when Sweet Naomi starts valuing Sweet Naomi's quality of life over following Duber around. You are worth more than this. You are more valuable than this, girl.

The only way you get to follow Duber to SoCal is when you make more than he makes, and you start telling him what to do. Because this has drained the bone marrow out of your life. You have no money. You have no career. You have no income, and you're calling me about filing bankruptcy on a tiny tiny little amount of debt that could be cleared up in no time i can settle thirteen thousand dollars that bank of america is suing you on for probably two thousand bucks but you ain't seen two thousand bucks in a long time kiddo no i do have a savings. Honey, you have a career problem.

You have to get your income going, and you have to value Naomi enough to put Naomi at the front of the list. Naomi's getting trampled on. She's taking care of everybody but Naomi. Am I wrong? No, you're not wrong. You're not wrong. Sound like I'm being too tough on her.

No. Sweet girl. Seriously, sweet girl, love yourself a little bit. It's not a bad thing. You're not wrong. Sound like I'm being too tough on her. No. Sweet girl. No. Seriously, sweet girl. Love yourself a little bit. It's not a bad thing. It's not being selfish. That puts us out of the Ramsey Show and the books. We'll be back with you before you know it.

In the meantime, remember, there's ultimately only one way to financial peace, and that's to walk daily with the Prince of Peace, Christ Jesus. Have a friend or family member that needs a daily dose of Ramsey advice in their life? Let them know about the Ramsey Call of the Day podcast. It's a quick hit of advice about life and money in under 10 minutes. Check out the Ramsey Call of the Day podcast wherever you listen to podcasts.