The Ramsey Show - App - Making Monthly Budget Meetings Fun (Hour 3)

Episode Date: September 18, 2018

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Music Music Live from the headquarters of Ramsey Solutions, it's the Dave 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. Thank you for joining us. Open phones at 888-825-5225. You jump in.

We'll talk about your life and your money. John is with us in Fort Wayne, Indiana. Hey, John, welcome to the Dave Ramsey Show. Hi. Hi, what's up? I would like to find out what I should do if the place I work for goes on strike. Do you have any money saved? Yes, I do.

How much? Currently, I'm on B-set four, five, and six, so I have six months of my expenses saved. How long have you worked there? Eight years. How many times have they been on strike? In my eight years, they haven't been, but in the past they have. Okay. Well, then it's not a very often occurrence is what my point is.

What makes you think you're going to? Just all the rumblings? Exactly. And the strike might not happen until next year so basically how long should i be saving prior to it possibly happening yeah well i mean you can see storm clouds coming if you want to build up your storm shelter reserves your emergency fund a little a little heavier just to kind of be ready. That's not a problem.

And then once everything calms down, you can just take that money and invest it, right? Correct. So if you want to build double that emergency fund or build it up during that time, you know, to eight months or nine months or whatever, that's fine. But if a strike goes on eight or nine months, you're probably looking for a new job. Okay. Right? Correct.

I mean, 30 days or a couple months or something you might go with, but I don't think you're going to sit there two years and wait on this thing to get over. No. And do nothing and your family starve, so you're probably leaving. That would be my guess. Okay. What do you do for a living? Manufacturing. Okay.

All right. And how old are you? 34. 34? Correct. Okay. All right. But, yeah, you're definitely looking for a new career if this thing lingers,

because it's not something you want to engage in as your way of, you know, building wealth and so forth, where, you know, every so often I lose a year of income. I don't think so, you know. But if it's just a short thing, then, you know, that's fine. Not a big deal. But I'd go ahead and build it up a little bit. And that gives you a comfort. And you don't have a freak out and so forth.

And, you know, I guess you work side jobs or whatever. A lot of people do that when there's a strikeout. But, again, you're going to gauge. You're not going to run through all that money. Let's say you had eight months' worth of reserves, okay, and you get down to three months' worth of reserves. You're probably out looking for something. You're probably changing directions, agreed?

Correct. Before you get all the way to the bottom of that. But I wouldn't mind building it up a little bit right now just for the comfort of it. Is that logical to you? Yes. Hey, man, thanks for the call. I appreciate you joining us. Carlos is with us in Boone, North Carolina. Hi, Carlos. How are you? Hey, Dave. I'm good. How are you? Better than I deserve. What's up? Well, first off, let me tell you, I'm a huge fan. I'm a huge fan of you. Thank you. I'm a teacher. What's up? Well, first off, let me tell you, I'm a huge fan. I'm a huge fan of you. Thank you.

And I'm a teacher. It's funny because you and Chris were just talking about teachers. I'm 25 years old. My birthday is actually next week, Saturday, so I'll be 26. All right. And I have zero credit card debt. Love it. That's the good news at first, okay?

My question for you, well, actually, actually i got a couple notes to wrote down i want to tell you what debt i do have right now i have eight thousand dollars in student loans i have twenty eight thousand dollars on a car and i have sixty thousand dollars on my house okay and i have $13,000 in savings. And, of course, my retirement, which I've only been teaching for going on five years now, I've only got about $9,500 in retirement, and that's just the state retirement plan. I'm not in a Roth or anything like that right now. My question for you is my mortgage is a 15-year adjustable rate. Okay, right now the rate's 4.25.

I think I already know the answer to these questions, but I want your blessing before I go forward with it. Should I pay the house off first, or should I just proceed and do the debt snowball? What is your income? What's your household income? Between me and my wife, we make about $80,000 each. Okay.

All right. No, we would work the baby steps, which you're not doing currently. No, I kind of jumped around with that. Yeah, I would just walk right up the baby steps, and let's return to that. Stop all investing temporarily. Take all money that you have that's not retirement and throw it at your non-mortgage debts um and so that means you're going to pay off the eight thousand dollar loan today um and then you're going to throw some other money at your is there just two debts the car debt and the eight thousand yeah yeah yeah and then so you're you had thirteen thousand in the bank so

we're going to pay off $8,000 car debt. We're going to take another $8,000 at the $8,000 debt, $4,000 at the car debt, and then you're going to attack that car and get it paid off as quickly as possible. I probably would consider you can pay that loan off really, really fast, that adjustable rate. Here's the quandary with it. Are you going to keep it long enough that you're going to wish you had refinanced it as interest rates come up? Oh, no.

I mean, we plan on living there for quite a while. No, I mean, are you going to keep the loan long enough? And so is it going to take you long enough to pay it off? But by the time we pay that car off, you should be car and everything debt-free in a year, build your emergency fund. Then you've got $60,000 owed and you make $80,000. I mean, you could pay that loan off in probably three years working the baby steps. Yeah.

And so during that time, it may go from $4.50 to $5.50 to $6.50 to $7.50, though. Yeah. And so during that time, it may go from four and a half to five and a half to six and a half to seven and a half, though. Yeah. But it's a small amount. Yeah. So and it's a small amount owed every time it does that. So I'm probably not going to go to the expense to refinance it to us to a fixed rate just to stabilize it. If I thought you were going to be in debt 10 years, though, I would go to the expense to refinance it just to stabilize it. If I thought you were going to be in debt 10 years, though, I would go to the expense to refinance it just to stabilize it. Okay. Yeah, my goal is just to knock it out just as fast as I can. Yeah, I think you do that, but you do it at

Baby Step 6, and let's get back on this or for the first time get on the actual Baby Steps plan. Hold on. I'll send you a copy of the book, The Total Money Makeover, if you don't have one so you'll know exactly what to do. And we appreciate you being a fan. Now it's time to actually do the stuff. Kelly will pick up, and she'llover, if you don't have one, so you'll know exactly what to do. And we appreciate you being a fan. Now it's time to actually do the stuff.

Kelly will pick up, and she'll find out if you've got a book. If you don't already have one, we'll send you one. Open phones at 888-825-5225. You all jump in. We'll talk about your life and your money. Is it good to get mortgage disability insurance in Baby Step 2? No. Mortgage disability insurance is a gimmick.

I would have long-term disability insurance, period, but I wouldn't buy it just on the mortgage or just on loans. I would just have long-term disability insurance. It's fairly inexpensive, especially if you get it through work. That's definitely the way to do it. This is The Dave Ramsey Show. We need to talk about something you've been hiding. It's your smile. Your teeth aren't straight and you think you don't have the money or the time to get them fixed.

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Hey, Audrey, how are you? I'm doing good. Thanks, Dave, for taking my call. Sure. What's up? So my husband and I own a small business that's considered a high-risk industry. And we recently got our workman's comp audit back, and the bill was a lot higher, around $28,000, a lot more than what it has been in the past. What was it in the past?

Well, last year it was around 16,000, and what's happened is they won't allow us to break down the class codes for the ground workers versus, you know, the tree climbers or whatnot. Yeah, we've run into that, too. You'll have to change companies because the people you're dealing with are morons. Okay. Yeah. Yeah, I had these idiots come in here and start classifying our people as all kinds of high-risk things, and they're sitting at a freaking desk.

I mean, they're just absolute morons sometimes. And so, yeah, we had to break our stuff down by class, and had to break it down by some of the executive classes, because our highly compensated people have workers' comp on them, too. And it's and uh it's just it's all of our guys fly a desk for god's sakes you know it's ridiculous well you're in the broadcast industry yeah sitting at a desk you know so it just but they just they're um really a bunch of bureaucrats is what amounts to and so yeah get your do you have an independent agent

that is your agent uh we do they've been going up to bat for us we've been disputing it but my question is is as far as the the funds go to pay it so we had about 10 000 saved well you needed 16 yep yeah so you weren't even ready for that. Yep. Well, right now we have 14 in our business account, and then we have 16 in our personal savings. So should we take what's in our emergency fund? You know, we're on baby step six now. We're working to pay off the house. Should we just stop that, take it from our emergency fund,

pay it off one lump sum, and then start back. They'll put us on a payment plan. Yeah, I mean, you can put it on a monthly plan. There's nothing wrong with that. And just keep up with it. But I'm not accepting the $28,000. Okay. If you change agents, change agents.

But let's get somebody to grow a brain here. Okay. They almost doubled it. Yep. Based on reclassification alone. Yes. Not based on experience rating, right? You didn't have a bunch of claims?

No, not one at all, never. Yeah, no experience rating whatsoever here. They just came in and some idiot in a cubicle 500 miles away decided to reclassify your workers. Okay. That's exactly what happened, isn't it? Yeah, pretty much, yes. Same thing.

I mean, we ran into that about five years ago, and I just ripped everybody a new butt. I mean, I'm not, you know, that's just these people that don't think don't get to charge me money. Okay. It just pisses me off, man. Business is too hard without stupid people getting involved. You know what I'm saying? Yes, sir. Yeah, so sir yeah so yeah get you uh um tell your agent to grow a backbone and straighten this out get you a new provider or get you a new agent one of the two okay and and then let's put the thing on a monthly um and then you've got to start to assess, are you charging enough for your product line, your service, to cover the cost of labor, which includes, in your case, high workers' comp?

That's right. Because whether it's 16 or whether it's 18 or whether it's 14, it's still high workers' comp is what you're saying. Because you've got guys out there swinging sharp objects around, right? That's correct. Yeah, so you're going to have a charge, a per head charge that's going to be high, because there is a legitimate risk there. But there's no justification for that shift. That's just somebody that got out of control.

And so time to smack a bureaucrat it's smack a bureaucrat day unbelievable bruce is with us at fort walton beach welcome to the ramsay show bruce what's up uh yes thank you dave um i'm in baby step seven my wife and i we have a net worth of 11.1 million. Wow. Investing at, well, I'm 54, so I've had time. Investing is not my forte. Savings is, so this is kind of the area I've been almost dreading, but here I am. So you're $1.4 million. What's it invested in?

It's $1.1 million. I'm sorry, $1.1. Well. How much of that's in your 401K? $340,000. Okay. We have $368,000 in cash in the bank, which my wife's about to shoot me over because she wants me to invest in something. Good for her.

Yeah, $225,000. Our home's worth $250,000. We can sell it for $225,000 or get net for that. And then we bought a piece of property in a resort area worth $132,000, and it's about $175,000 now after a couple of years. Good. So you have done some real estate investing, your home and that property. Yes.

And you've done some investing in your 401K. Yes, everything's paid for. You're more of an investor than you think you are, except for that $300,000 cash that needs to be moved. Okay, how can I help? Yeah. Yeah, we make about $175,000 a year. Awesome. And what we're looking at now is we would like to build a home in a resort area, but it's going to cost, by the time we're done, we'd have about $600,000 in a home,

which is half of our net worth. We would have to sell our current home and use a large portion of that cash, and then we would be in an area where we wanted to live. And I just don't know if that's a smart thing to do, to have so much in one house, or should we just stay where we're at or buy another home for about the same in a different area and then uh just keep buying houses or invest in other in other areas the data that we have found on the millionaires that are between uh one and four million most of them have about a third in their house and between between one and four million and so if you go to

600 and you're at half which is about where you'll be i agree with you um you make really good money you've still got a lot of years to earn that and so um you know you uh you're gonna have to the if i did that i think you're kind of on the bubble. I don't think it's, if you told me it's 800, I'd say no. Okay? That's too much. If you told me it was 400, I'd say it's a no-brainer. Do it.

Okay? So you're kind of on the bubble. You know, you're right there where it's good to be a little nervous, but not anything to freak out about. I would probably do it, but the way Sharon and I would do it would be we would then in turn say, okay, now we've got to really plow into some good mutual fund investing or some real estate of some kind to where our net worth shoots on up past this, and quickly this becomes a third of our net worth. Okay.

Well, that's good. That's good to know. Yeah. Yeah, because we have no debt, so that's not really an issue. Yeah, it's just a matter of diversification. You're going to have a large chunk of who you are money-wise in one thing. Yes. So resort area makes me a little nervous because that's volatile real estate.

What kind of resort area? Well, it's near the beach. Okay. Well, again. About half a mile from the beach okay beach prop if it's bait if is the value is based on the beach resort property is the first thing to go up when the economy's good the first thing to go down when the economy's bad exactly beachfront condos, mountain houses for skiing, beachfront condos, lake houses. I got a lake house.

My lake house went in half in value when the market went down. And my house in town dropped hardly at all. Now, my lake house has almost tripled since then because the economy came back, right? It's always making, you know, not that I'm going to sell it, I'm going to keep it. But, you know, anything around water, it seems, or a mountain is going to give you a fit. So that makes me a little more nervous here. But I still think you're paying cash. You make good money.

You don't have any issue here. But you might have to hold your breath if the economy shot down. You might see your value drop, where if you had a $600,000 house in town, it might not drop at all. And you might just have to kind of emotionally ride that thing down and ride it back up. I don't think it'll kill you. It's not going to cause you to go broke. It's not going to cause you to not be wealthy.

It's not going to cause you any of those things. It just might take your breath away. And you just kind of need to be ready for that and brace yourself if the economy shifts. But it's a temporary thing. It'll come back, just like my lake house did. This is the Dave Ramsey Show. I get asked all the time, when in the baby steps is the right time to buy life insurance? My answer is typically now. Life insurance is not part of the baby steps because it's needed when your family has debt

and not enough savings to provide for their financial needs. That's when they're at the highest risk. And no matter where you are in your baby steps, it's a necessity, not a choice. This includes working husbands and wives, as well as stay-at-home parents. It's pretty expensive to replace those stay-at-home parent responsibilities. I only recommend term life insurance since it's the most affordable way to get the right amount of coverage and not break your budget. Go to Zander.com or call 800-356-4282. These are the guys I personally use. Term life insurance is inexpensive and your family needs this no matter where you are in your baby steps.

That's Zander.com or call 800-356-4282. Zander.com. Or call 800-356-4282. Zander.com. Ray and Bianca are with us from Morristown, New Jersey. Hey, guys, how are you? Hello. Hey, Dave. Hey, I see you on my screen. You're debt-free. Congrats.

Thank you. Thanks, Dave. How much have you paid off? We paid off just under $65,000. Cool. And how long did that take? It took us just about 18 months. Good for you.

And your range of income during that time? Yeah, we went from $160,000 up to $180,000. Good for you. What do you guys do for a living? I'm a claim analyst. And I'm a business analyst. Cool. A lady just tweeted and said, ask people how many kids they have when they're getting out of debt because uh we we

had a guy on this week that had 11 kids um and we have people who have no kids how many y'all have yeah yeah we're nowhere near 11 you have how many three kids three kids what ages How many? Three kids. Three kids. What ages? 18 months, or two. Actually, she's two. Our son is eight, nine, and our daughter is six. Okay, cool. What kind of debt was the $65,000? Yeah, it was spread across a few different things. We had a car loan.

We had a 401k loan, some credit cards, student loans, the whole deal. Okay. So you guys whole deal. Okay. So you guys were normal. Yeah. And you've been married how long? Married 10 years. Okay. So what happened 18 months ago?

So we were slowly getting further and further into debt. And 18 months ago, friends from church started a small group and they wanted to do financial peace. And so I started going and coming home every week telling Bianca a little bit more and more about the program. And eventually by the end of it, we were all in. We were ready to go.

So she's not in the small group? No, it was guys from church. Oh, it was a guys group. Okay. All right. Well, that's fun. Cool. So then you walked her home, walked her through it after you got home each night.

That's right. That's right. Okay. So, Bianca, how weird did this sound as he comes home with this information secondhand? Yeah, honestly, I was not drinking the Kool-Aid initially. I don't blame you. Once I realized how bad things were, we thought, you know, I might as well give something a shot. And Ray had the book and talked me through a lot of it.

And, yeah, here we are now. So you at least said, I'll buy it. I'll give it a try. If I can chew it, we'll give it a shot. And then it started working. And then it started working? Yep. Okay.

So what do you tell people the key to getting out of debt is, Bianca, now that you've done it? Honestly, sticking to the budget. We would create our budget. We'd have our wine and cheese monthly budget meetings and talk about, just to make it fun at least, and talk about the month and what's going on and going through the calendar and birthday parties and everything else and coming up with a budget for the month and then sticking to it. You know, that's a really good idea to do wine and cheese because there's always some whining at the budget committee meeting. So we might as well have wine, wine, and cheese.

That's what we need to do. A little whining, a little wine, a little cheese, and we'll get the budget done. Seamless. Because every time we do a budget, I whine. So very fun. Good for you guys. Nameless. Because every time we do a budget, I whine. So... So do I. Very fun. Good for you guys.

So, how's it feel now that you don't have any payments? Free. Yeah, it's a weight off my shoulders, that's for sure. You've been married 10 years. Have you ever been debt-free during that 10 years? Not even close. Was this easy? Not at all.

No, no. It was a struggle along the way. There was a lot of sacrifices, a lot of saying no. Three kids in a house, there was a lot of no's, but it's nice to turn the corner and finally start saying some yeses. What was the biggest fight? Which one? I can't think of the biggest one. Yeah, I guess just, you know, the kids' birthday parties and scaling back. And, you know, we would throw pretty big parties. We'd have, you know, 50 people at the house, big barbecue. And scaling back on that was tough that was uh that was a pain point oh my 30th birthday was last year and uh our daughter turned one in the same month and we did nothing and that was hard oh i don't know how you made it

way to go you guys i'm very proud of you. Who was your biggest cheerleader? Biggest cheerleader? Outside your house. Both of our parents were definitely positive. I don't know that they fully understood or were on board with the exacts of what we were doing, but definitely supportive. Part of this was turning in a lease and driving a beater,

and when some issues came up with that, we had some support from family and watching the kids and not putting them in summer camp. We had a lot of support. Yeah, that's good. The guys from the old Bible study today, were they supportive? Surely. Oh, yeah, absolutely. They actually couldn't believe we followed through on it.

They were not all in and uh that was the big struggle for us was kicking it into gear and uh making it a reality so a lot of the other guys didn't do it after that then yeah yeah you set the standard though now, now. That's good. Very cool. Very cool. Well, congratulations, you guys. We got a copy of Chris Hogan's book for you, Retire Inspired, and we want that to be the next chapter in your story, that you become millionaires, you're on your way, and that you're outrageously generous as you go along.

You're in a position to completely change your family tree now. Very well done. Proud of you. Thank you. Thank you. Very well done. Proud of you. Thank you. Thank you. Very well done. Ray and Bianca, Morristown, New Jersey, $65,000 paid off in 18 months, making $160,000 to $180,000. Count it down.

Let's hear a debt-free scream. Three, two, one. We're debt! We're done! I love it! Well done, you guys. Very well done. Well, our question of the day comes from Blinds.com. Find out for yourself why Blinds.com is the number one online retailer of custom window coverings.

Site-wide savings happening right now, plus take an additional 5% off at Blinds.com slash Ramsey. Today's question is from Jonathan in Tennessee. He says, I know it says to pay the minimum payments on every debt and attack the smallest one, but I'm wondering if it's wise to stop all payments temporarily and attack the smallest one, but I'm wondering if it's wise to stop all payments temporarily and attack the smallest one. Paying minimums each month, I'm always being put further behind. The minimums seem to be where I'm being buried. No, you're not either. If your minimums aren't even covering the interest on something, then you could be getting behind.

But your minimum payment's not getting you further behind unless that's the case. And if that's the case, you're slightly slipping back there. But the extra cash that you would have put on that is being put on the smallest debt. So the smallest debt's going away faster, and you're going to catch up. You're not going to have a problem at all. But I will say, and what I'm reading between the lines on this, Jonathan, is you probably need some more income, and you probably need to cut your budget steeper.

I don't think you're throwing enough at the smallest one yet. And the only way you get more to throw at the smallest one is cut the expenses down further and raise the income further. And when you do that, you're ready to rock and roll. I think that's what's going on. Because I think you're looking at little tiny little bits of math here instead of big chunks of math where you're throwing big chunks on this. Hey, thank you for your question. You know, going back to our

debt-free call, the guy went to a Bible study with a bunch of guys, and then went to Financial Peace University with a bunch of guys. None of the guys ended up doing it, but he did it. Now, that's really, it's a good end of the story for him. But let me go ahead and tell you guys something out here. Financial Peace University is not designed for you to go through without your spouse. And so I would tell you if it's a guy's Bible study, don't do it. Because the reason those guys didn't all go through is they weren't able to go home and get their wife on board like he was.

Now, he got Bianca on board, and they went and won. And that's a good thing. I'm not mad about it. But I'm just telling you, Financial Peace University will cause problems in your marriage. With one of you gets all this information and excitement, and the other one doesn't. It's very difficult to run one spouse through it and it works. And so I would not recommend it for a ladies Bible study or a gentleman's Bible study. I recommend it for couples in a group. And that's certainly how it's set up is for couples, for those that are married.

Now, if it's a bunch of singles, that's fine. But no, not if you're married. I wouldn't do that. This is The Dave Ramsey Show. Our scripture of the day, Proverbs 16.3 Commit your work to the Lord and your plans will be established. Vince Lombardi said, The dictionary is the only place where success comes before work. Work is the key to success, and hard work can help you accomplish almost anything. William is in Phoenix.

Hey, William, welcome to the Dave Ramsey Show. Hi, William. I did. It's all my fault. Okay, picked up the wrong line. William, I just went to a line where nobody was there. How are you? I am excellent. Thank you for taking my call. I love listening to your show. Thank you. How can I help? So we've been serious about our budget lately and wanting to get out of debt. We have our gross annual income is about $67,800,

but my work requires 11% from each paycheck for my pension. So that brings our net, well, my net, her gross, down to $44,400. We are $282,000 in debt, and that's $208,000 in a house, $61,000 in cars. This might be good for a Dave Ramsey rant, by the way. $10,000 in credit cards, and then smaller ones on 401k loans, and then the rest of the monthly expenses put us over our monthly income. So my questions for you are, I've established that we have an income crisis, basically. Should we move and rent to save probably $400 a month somewhere? Or should I change jobs because I feel silly contributing to my retirement with the situation that we're currently in? I've also picked up a couple of side jobs.

So I could stay here and keep hoping for side jobs, but those barely help us break even. What do you do? I work for the City of Phoenix. I'm just a water meter technician. Okay. And what does she do? She's a home equity loan processor at Wells Fargo. Okay.

So that's not got the 11%. Only you do. Right. Okay. All right. So I kept waiting for you to say I'm going to sell both my cars. Did you say you had $60,000 in car debt? Yes, sir, and we've considered selling them,

but I am about $10,000 upside down on mine because we had some inequity. And with hers, we had a lot of rollover equity because, or a lot of rollover inequity, because we got into a vehicle that had a bulletin recall, and the dealership basically did the bare minimum to help us get out of that, because we also have two toddlers, an infant and a toddler. And with the vehicle we had, exhaust fumes would leak into the car. So that justifies breaking your family? No. I mean, you have car debt equal to your annual income, sir.

I know. I wish I had heard about your show before I did all that. Well, you just have to sell them. I mean, there's no way around it. You cannot keep these cars. Okay. It's insanity. That's your problem because you've got $1,200 a month in car payments.

I know. It's a lot. And since we're so far upside down, we've looked into getting personal loans, but too far off on that. So we were thinking of paying those down and then selling them. Who are the loans with now? My loan is with a credit union, True West Credit Union, and hers is with Connecta Federal Credit Union.

Well, go sit down with the credit union and say, we need to sign a note for the difference, because they already don't have collateral coverage. They have an unsecured loan and a car loan attached to each other already, and they might as well just have an unsecured loan, which is better for them because you don't have this big debt anymore. So you're 10 upside down on yours. How far are you upside down on hers?

$23,000 upside down? You bet. It's worth about $15,000, and we owe about $37,000. Jeez. Well, you've got to stop. You've got to stop this. Yes, we have. We have.

We've been sticking to a budget, and we want to get out of debt. No, no, no. I mean, you've got to not. You completely made an emotional decision that took you off into the land of crazy on her car. When we were 23. So, and now we're 25. Still in the cars. I know.

But, I mean, you've got to learn your lesson from this so you never do it again. Never again talk to me about exhaust fumes in your children. The exhaust fumes were affecting you. So, okay. Yeah, you yeah you gotta sell them i'd get out of both of them and i'd be sitting there with 30 000 unsecured rather than 60 000 secured and driving a cup and driving a couple of beaters that hold a car that hold a car seat you can get a beater with a car seat because that that gives you your life back man it does it It would. And then we can also look and say, do you want to change careers to make more money and where you don't have a mandatory pension thing going on? You can do all that.

But changing jobs doesn't fix your problem when you're sitting there with $60,000 with a car debt making $60,000. That doesn't fix you at all. So hopefully that's helpful for you. But yeah, that's where you've got to go. And let me help you. I'm going to put you guys into a one-year membership for Financial Peace University. That hooks you up to the EveryDollarPlus with your bank connection and everything. And it gives you all the tools in Financial Peace University. You get to go to one of the groups and take the nine-lesson course with Financial Peace University there. I'm going to pay for all of it.

I'm going to give you the one-year membership, the whole shebang. And that's going to set you guys up because you've got to have some people around you because you're getting ready to do some really painful things to undo some really stupid things. And it's going to hurt for a little while. And you've got to have some people around you cheering you on. So we'll get you into some of those groups, and you hold on and kelly will get you guys signed up for that there's a bunch of the groups there in phoenix man a bunch of them so you don't want to miss that a couple of side notes right now things going on our smart money tour begins this thursday evening september the 20th in charlotte north carolina Smart Money with Chris Hogan and Anthony O'Neill.

Yes, a hurricane hit North Carolina, but it didn't hit Charlotte. There was some rain there. There's a little bit of flooding here or there, but everything's operational. We will be having the event in Charlotte this September the 20th, this coming Thursday. And then in a couple of weeks, October the 2nd, it'll be here in about an eye blink. Chris Hogan and I will be doing our first Smart Money event in the history of our company in San Francisco. And there are a few tickets left, San Francisco, if you want to come. We'd love to have you.

October 29th, I will be with Chris Hogan in Minneapolis. That event is sold out, but we're selling an overflow room if you want to come to that. Eagle Brook Church, and I'll be speaking at Eagle Brook Church that weekend, heading into that event. San Antonio, Texas, live streamed for everyone to see. And for those of you in San Antonio, there's a few tickets left. That's November the 15th. January, we'll be in Colorado Springs and Irvine, California, January the 22nd. Chris Hogan and I will be there.

That's the Smart Money Tour. It kicks off this week, and that takes you out into January with the dates and everything that's going on. But the big news is there's a few tickets, not many, but a few tickets left for San Francisco. And the big news, of course, is Charlotte, North Carolina. This coming Thursday is game on. Game on. Rachel was down with Les Parrott doing an Orlando event last week, the Money and Marriage event in Orlando.

It was fabulous. Another one of those coming up in just a few days, September the 27th in Houston, Texas. Hey, Kansas City, just a couple of tickets left to the Smart Conference on October 13th. Almost gone

at the Municipal Arena. That is going to be incredible. That's the whole enchilada, the day-long event with everybody speaking. All the big names, all the thought leaders, all the best sellers are going to be there. And same for Business Boutique, November 1 through 4. That's the long three-day event, the big one that Christy Wright and her team does. I'll be speaking at that this year.

And there's just a handful of tickets left for that coming up this coming November 1 through 4. So lots of stuff. You can check on all of it at DaveRamsey.com, and all the ticket information is there. That puts this hour of the Dave Ramsey Show in 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.

Hey, it's Kelly, Dave's phone screener. We finished 2017 with a bang as the fourth most downloaded podcast of the year. Thanks to all of you for listening and helping us spread the word.