The Ramsey Show - App - Moving Out Causes You To Grow Up (Hour 3)

Episode Date: June 29, 2023

Rachel Cruze & Ken Coleman answer your questions and discuss:  "I'm 27 and don't know if I should move out of my dads house",  from the blog: 4 Mistakes to Avoid When Renting When to know you can quit working for a toxic boss, What to do when you keep getting hit with financial issues as a single mom, from the blog: Budgeting Tips for Single Moms "Am I moving up in my career too quickly?" from the blog: How to Get a Promotion at Work Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Here's an EveryDollar deal just for our listeners: get a 14-day free trial PLUS $15 off your first year of premium. Click the link below and start budgeting today! www.everydollar.com/TRS Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Interested in advertising on The Ramsey Show? https://ter.li/s64ye3 Ramsey Solutions Privacy Policy

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🎵 🎵 🎵 🎵 🎵 🎵 🎵 🎵 🎵 🎵 Live from the headquarters of Ramsey Solutions, broadcasting from the pods, moving and storage studio, it's The Ramsey Show, where we help people build wealth, do work that they love, and create actual amazing relationships. I am Ramsey Personality, Rachel Cruz, hosting this hour with best-selling

author Ramsey Personality and fellow friend Ken Coleman. Yes, good to be with you. Glad you're here, and thank you, America, for tuning in. It is a free call anywhere in the country at 888-825-5225, and we're taking your calls on everything from career work money relationships give us a call so we're going to start off the phones this hour with Kayla in Houston Texas hey Kayla welcome to the show hi thank you for taking my call I'm excited to get this question answered oh I'm so glad we are here for you Kayla how can How can we help? Yes. So my question is if I should move out of my parents' house and if I should, if the answer is yes, what do I need to have prepared to do that? So I'm turning 27 next week.

I just got a job in January and I'm making about 60, 60K. Good for you. What are you doing? I'm an accountant. Good for you. Yes, you should move out. I should move out. Okay. Unless, unless there's some extenuating circumstances to why you're wrestling with this, meaning do they need you in the home? Is there something special here, or is this just you've had a season where you've been with them and you're wondering if it's time to get out of the nest? It's nice not to have to pay rent. Yeah. The saving money whole thing.

Right. What's the story? The story is there's no rush from our parents. I mean, we have a great relationship, and so it's really just, there's nothing wrong with home life. I started the plan, took financial peace, like, in February, and so since then, I've paid off about, like, $4,000. Good for you. As hard as that is because I'm at home, and so I guess it's really just fear on my end. Sure. Of course. By the way, that's normal. You've had a good life. You've got a great

relationship with your parents. Very safe. And so now it's about adulting, I think the kids call it these days. And so there comes a lot of fear there. So let me tell you, when I coach people in the area of their life that they're afraid of doing something, fear to me is I'm worried that something bad is going to happen. That's how I define it, right? You can call it anxiety if you want to. But fear is I see something in the future or I don't see something, clearly, and I'm afraid if I move forward in uncertainty, Rachel, that something bad will happen.

And so I think that you have to get in your own mind, what are you specifically scared of? I love that you were brave enough to share that. So let's just play it out. What are you afraid of if you move out on your own? What's that fear? Get as specific as you can with it. The fear is just, I don't like paying for things. Well, I got news for you. That's going to come true because I hate paying for stuff, Rachel. I know. I don't think that's your fear.

I don't think that's your fear. What are you really afraid of? Probably just leaving. It's a single parent house, so probably just leaving my dad by himself. Okay. And just because of just loneliness and he won't have a companion there, that kind of thing? Or is there like a health issue at all? The companion part. Yeah, that's totally fair. Yeah, I totally get that. And, you know, Kayla, I think it is, especially in your circumstance, when it is a single-parent household and, you know, whatever had happened,

you know, with your mom, whether divorced or he's a widower, you know, there's a natural caretaking. Once you kind of become an adult and you start to stand on your own, that you start to put on some of those roles of like, okay, I want to make sure I take care of my parents so even that emotion Kayla is very very normal and I want to applaud that I think that's a really kind part of who you are and you probably have a great relationship with your dad but I would say one of the best things that you can do for Kayla is to move out

and and honestly not because again that it's a bad situation you're in, because obviously it's not. But something happens, Kayla, to you when you move out on your own. And I always use this as an example. It's kind of a silly one, but it's just the truth. Something happens in your brain and in your daily habits when you go to the refrigerator and open it up and be like, oh, crap, I'm out of eggs. I forgot to buy eggs. OK, I got to go to the refrigerator and open it up like oh crap i'm out of eggs i forgot to buy eggs okay i gotta go to the store i have to like you start to have to problem solve from small life issues like eggs or something something in the groceries all the way up to big things and you just start to have a level of of self-sustaining and a level of dignity that is created in that for you to, I think, help advance in careers and relationships. It causes you to grow up. And Kayla, I think you're at a

place that you can do that. And I would encourage you to do that. You don't have to move far, right? If you get an apartment somewhere and rent for a little bit, it can be close to your dad and you guys could have like, hey, let's do weekly nights where we- Taco Tuesday. Where we hang out. Yeah. I mean, you can still have a relationship with him. It won't be as convenient, obviously, because you're just not right there. But I think Kayla, for you as someone in their late 20s, I think this is a really good move for you and it's going to cause you to grow up

in many different ways. And long term, I think it's best for you. And Kayla, I'm going to suggest that there's another fear, and it's really hard to articulate. A lot of people don't know how to articulate. When they can't articulate a fear, I think the fear is the unknown. You just don't know what it's like to live without your dad, right? Well, I kind of do because I lived out of state for a little bit, but then

you did that didn't go so well so I came back what happened what happened what caused it not to go well COVID okay gotcha I was in Los Angeles it was very expensive so I came back but here's the deal Kayla and I'm going to bring this back to money I think the fear of the unknown is absolutely normal in fact it's what we all encounter when we try something new, whether it's a class, you know, at your local gym or your, anytime we step into something new, the unknown, it just gets us. It's just who we are as humans. So financially, you've already paid off $4,000. You got this new job. It's a good job. up work with a budget before you make this move start running numbers yeah everything from groceries to and I think since you have the

safety of living with your dad right now I would use this and say before I move out I'm gonna actually come up with a budget a plan and I'm going to start paying for things that maybe dad's paying for and let's let's go ahead and practice this let's do a dry run yeah for sure I don't know what you think about that but I think that will help her deal with the unknown of hey can I do this and do life well living on my own I think that's an important stuff Kayla if we give you every dollar the premium version that connects to your bank it's our it's our budgeting app and it allows you to really budget and see where your paycheck's going and start to plan out, will you use it? Yes. If we give it to you.

Okay, well, hold on the line. Love it. And Emily's going to pick up. And I think, Ken, that's a great, I think do a mock budget and just see, okay, here's the rent that I can afford. Here's what I need to be looking for.

It just starts to narrow this whole idea of I'm moving out and it starts to give you some guardrails. And I think it's really important. Once you see the numbers, you won't be scared because you go, wait a second, I can actually do this. And then that moves to, I'm going to do this. Yeah, it's great. Thanks, Kayla, for the call. We'll be back. Hey, you guys, health insurance costs are only moving one way, and that way isn't down.

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experience a medical event. So listen, y'all, there's no better way to take care of health care costs. CHM programs start as low as $98 a month. So learn more today and join at chministries.org slash budget at chministries.org slash budget. Welcome back to the Ramsey Show. Can call my thing. We'll get to the calls this hour, but I'm so nervous about where she's going, folks. I am buck. Hold on. Let me put my seatbelt on. Click. We're staying the course. Oh but first. I'm so nervous about where she's going, folks. I am buck. Hold on. Let me put my seatbelt on. Click. We're staying the course. Oh, good. I wish we could have taken our conversation that was in commercial break on air, but we will not do it for you, America. A little behind the scenes. We have some of the most exciting conversations during commercial breaks. You

wouldn't even believe it. That's what they should put on the youtube i'm gonna give a teaser because on monday afternoon george camel and i for smart money happy hour recorded an episode about conspiracy theories and money and it was the joy of my life yeah no one loves a conspiracy theory more than rachel it will be released later this month i mean so let's just say that question did we land on the moon no it's gonna light you up did you see the technology everything cold we had a cold war against the soviet we were really trying to watch that netflix special at your urging and i will give you a little i'm to give you a little nugget here. After watching that, I think it's highly plausible that they created the whole lunar landing in a studio somewhere. I think it's plausible. That's all I'm going to say. I said plausible.

Because of you. How good does that make you feel? Because I'm anti-conspiracy theorist. I know you are. You're so boring. Now, my brother, who's the most logical guy on the planet, he went to Houston and saw everything and he said, after seeing it,

there's no way that they did all this and they broadcasted it live. We're going to get kicked off the air. We really are. Folks, it's been great. Rachel and I have enjoyed serving you on the Ramsey Show. If you were an astronaut that landed on the moon, it's great.

It's really good for you. We're for you in life. So don't think we don't have that. Please forgive us. Forgive her. She knows not what she does. It's just fun. It's time for question of the day.

It's just fun. So the Ramsey question of the day is brought to you by Neighborly, your hub for home services. Neighborly is the place to find reliable help for your home from trusted locally owned businesses like Glass Doctor, Mr. Handyman, and Mr. Appliance. Visit neighborly.com today to find home experts available to serve you. Today's question comes from Hannah

in Virginia. She writes in, I currently work two jobs, one full-time job making $1,600 a month and one part-time job making $800 a month. At my main job, I'm running into financial issues with my boss recently. I've got the raise that I've been asking for, and then with no warning, I get it taken away as a lesson. Ouch. It turns out my boss had been doing shady things financially with other employees. For example, he makes some of my co-workers work overtime, but refuses to pay them, or he's not giving them all their hours on their paychecks and not paying them in full. Boy, this guy. How is this guy even still working? Yikes. With my other job, I'm waiting to hear if

I will get full-time. I'm wondering if I should quit my full-time job before knowing if I get full-time hours at my second job. I can't keep working in this toxic environment with my shady boss. Okay, so I don't know what kind of financial situation you're in, but no matter how toxic this is, and I believe you, Hannah, but I don't think this is toxic enough for you to walk away without another job to go to. Now, if you have the financial margin where you can look for two or three weeks, then I'm okay walking away today. But unless it is an abusive, dangerous situation, I would bite the stick, go in, deal with this clown. Let's turn our focus to getting another full-time job. And then if the part-time job turns into a full-time job, walk into that. So my point is, hang on. And don't trust anything he says.

Don't trust anything he says. Well, make sure he pays you. He just feels like a crook, though. Now, I'll tell you what I would do. This is a very good point. I would document, to the best of your ability, if he's not paying you what you've been yeah uh what you've worked uh now he can dock your pay like he did as a lesson but if he's not why would have what's the theory behind that well it's manipulative well sure but like what what like why i don't know i don't know if he's having a hard time meeting payroll i don't know if she's working for a small business and this is what is the lesson be just that like i have control did something wrong and so it's like uh

being grounded it sounds like financial grounding by your boss which is really weird so weird so we want to get out but let's do what's best financially and uh and i think you're going to be fine yep but yeah i would not put up with this nonsense much longer. Nope, nope, nope. All right, let's go to the phones. We have Mariah in Houston, Texas. Hey, Mariah, welcome to the show. Mariah, are you there? Yes, I'm here. Oh, wonderful. Thanks for joining us.

How can we help? Yeah, thanks for taking my call. I just have a lot of different things, but currently I'm in a lot of different things, but, um, currently I'm in a financial crisis, so to speak. I'm going through a divorce. I'm a newly single mom. Oh, I'm sorry. Um, yeah, I moved back home to where I lived before getting married and everything. Um, we sold before I moved, we sold my Volkswagen car for three grand. I used some of that to move, and the car just wasn't reliable to have my son in. He's only one.

I kept the car that we had in both of our names, but now it's out for getting taken, and I can't afford the monthly payments anyways. Um, I don't have another car. I did buy a cash car last month, but after driving it a few times, the engine blew out and it's not, it can't be fixed. I don't know what else to do. Um, I'm in baby step two but I just don't know I don't know what else to do other than try to find some other cash car but I don't want to have that risk again of

it not being reliable you know what I mean well the engine going out that first month the engine going out the first month did you was it the only type of car that you could afford were there other options did you know that it was in bad shape? Did you, you know, have a mechanic look at it before you bought it or anything? My, my dad had looked at it and everything. And he, it was a rebuilt engine and it only had 79,000 miles on it. It was a 2008, um, car, RAV4 Toyota. It was, I loved it. Um, he looked

at it and just within the week of me having it, um, I was driving back from Dallas to Houston and it just, the engine blown on me. Gosh. Okay. All right. So you, there was an internal oil leak inside of it. No one could tell. No one knew. Okay. Yeah. Okay. So, Mariah, are you working right now? Yes. Thankfully, I was blessed to keep my job through this huge life change.

Yes. I work from home. I make about $38,800 a year. But income is different. Like last month, I brought home $38,800 a year, but income is different. Like last month, I brought home $2,300. This month, I brought home $2,700. It just depends. What do you do, Mariah?

I work with people who have Medicare insurance. So I get inbound calls, and then I ask them a few questions, and then I get them to the licensed agents. And that's pretty much it. I have my son home with me full time, except he goes to his dad once a month for a week at a time. So I have that time. But as far as I've tried to look for extra income working, maybe like I get off at five so I can work 530 to 12 o'clock at night like while he sleeps and everything I just I don't know what to do yeah no it's a lot I'm so sorry yep I know yeah I've tried doing every dollar but I cannot get my brain around it and I want to do financial peace

university I just don't have the money and I just I don't know what to do okay that's why I was like I'm gonna call and see what they say. Yes. How recent was the divorce? We're still going through it. Okay. So we go back next month to finalize temporary orders. And where are you living? I live in Houston

right now. Well like just you and your son like in an apartment. Did you get a house? Parents? An apartment. Yes ma'am. Okay. All right. You know what? Let's do this, Mariah. Hold on the phone. Okay. We're going to hold you over the next segment because I think we can walk through a couple of options for you. And we will definitely gift you Financial Peace University for sure. That's on us. And I want to get her with one of our financial coaches. A few sessions just to get her a baseline. Yeah, absolutely. So Emily, we'll hold on the line, Mariah, because we will pick you up next segment after this break and talk through more options for you.

But that stuff is coming towards you, to you, to help you because I know you're in a really tough, tough situation. So thanks for calling. Hold on the line. We'll be back. Welcome back to the Ramsey show. You know, paying off debt is smart. Investing and saving money is smart. But there's one key to winning with money that people overlook all the time, and that is protecting your finances from emergencies. And that's where insurance comes into play. Now, there are about 10 kinds of insurance coverage that you might need based on what your life looks like today.

So we built a tool called the Coverage Checkup to show you which types you need to add, drop, or adjust. We'll even rank coverage, rank your coverage list by importance, email it to you, and then connect you with Ramsey Trusted Insurance providers so that you can get your plan in place fast. Seriously, this could be the most important five minutes that you spend today. Donald H. wrote in, and I like the way he put it. He said,

for anyone who has not completed this checkup, do it now. You never know when something will happen and you never want to leave your family in a bad situation. So visit RamseySolutions.com slash checkup. That's RamseySolutions.com slash checkup and don't let an emergency sneak up on you. Protect you and your family today. All right, let's go to Mariah, back to Mariah in Houston, Texas. And Mariah was on in the segment right before this and she is going currently through a divorce, Ken. She's been trying to budget. She can't get a grip on it, and it just seems overwhelming. Her car died out, you know, I guess a few weeks ago, she was saying, and she really doesn't know where to begin or how

to move forward. Is that accurate, Mariah? Yes. So far, okay. Yeah, and I still have the car that we both have in our names, but it's about to get taken because I can't, it costs too much, I can't afford it. So I just, I don't know whether to use my savings to make a payment to get it off of the repo list so I can make it to court next month. All right, so we're going to jump in. We're going to ask a lot of questions right now to just get a handle on the numbers and see if we can give you a clear path forward, okay? So when you talk about the car that you guys jointly own and it's about ready to get taken, is that by the repo? So you've got all that coming your way and they've said, we're coming to get it? Yes. Okay, How much is owed in order to not get it repoed? $2,800. Okay. And how much? $2,800 is owed on the vehicle. Yes. For right now, for it to be on. No,

that's just back payments, right? Okay. Yeah. So what is the car worth? When I looked it up, it was about $18,000. Okay. And you owe how much on it? Not even including the $2,800 in back payments, what's the total debt on that car? I'm scared. Don't be scared. We're not going to judge you.

$36,795. Okay. All right. And so what is keeping you from selling that car and getting at least $18,000 for it? I'm scared. I don't know. Okay. So if your dad, you've got a good relationship with your dad, you've got some friends, you've got some people in your life. If you called them up and said, hey, I need help. I'm just so overwhelmed right now. Help me sell this car. And you put it on Facebook Marketplace or whatever. But if you can sell that car and you can, and let's just say

you get 18 for it, okay, that has dramatically slashed some of your debt. And we're beginning to crawl out here and you can get some momentum, not to mention you're going to get something for it. Do you understand what I'm saying? And so you can pay the $2,800 in back payments, you know, you at least get some of that taken care of, and then you go get a loan from the credit union for the difference. And so you've got a lot less money that you're having to then pay back, and that will go now into your debt snowball. Do you understand what I'm saying so far? Yes. You can do this. Mariah, how much do you have in savings? It's about $1,400. $1,400. Okay. And what other debt do you have? I have two credit cards and then a lawyer. So altogether, it's about $10,440. Okay. $2,600 of it is from credit card and then the lawyer's $7,800. Okay.

Well, I would do what Ken says. I would sell that car today so that you don't get repo because that's going to ding your credit. You're not going to have an asset. I mean, it's just, that's the worst case scenario for sure. So if I were you, I would sell it. Where did you get the 18,000? I'm just curious. I looked it up on Kelley Blue Book. Okay, perfect. So what kind of car is it? It's a 2017 Ford Expedition. It's got about 101,000 miles on it.

We just got it back December 2021. Okay, okay. So yes, if I were you, i would sell it for that 18 pay the back payments and then take 400 from your emergency funds um and and put towards this car too i mean i would go ahead and just like lower it as much as possible and and then you'll take it you'll get a loan out and uh for the difference, like Ken said. And then I would start just working my way down that. I would do your, you know, you said your credit card's $2,600.

I mean, I would go down the list, which is the debt snowball, smallest to largest. And then that car loan or that loan you'll take out for the difference will be in that debt snowball. And with $38,000, I'm just curious, you know, there's so much work from home opportunities, Ken. A lot of people are remote right now. Do you think with your skill set, Mariah, that you could look around and see even getting a $50,000 a year paying job? I just wonder how much you could bump that 38,000 in just your normal working hours by just applying and getting some type of job that's paying more? Do you think that you have the skill set to be able to make more? Yes.

I just don't know what's real and what's not. The job I have now pays really well for working from home. So I just, I'm just, I'm scared to quit this job as well now being newly single. Well, you wouldn't quit it until you had another one secure though, but I'm just wondering if you went and looked and, you know, go online and just see what other opportunities, because a lot of people are remote work. I mean, a lot of people are working from home and still making great money. Mariah, you could also just look for a part-time job, a gig kind of a job that works from home as well. And so if you're at home, because we got to

save up some money to get you a car that'll move you from point A to B too, because you got a car that the engine's blown up. So on top of all of this, you need to be, if you can, if you can work a second job from home and increase that income to maybe $58,000, $60,000, whatever, all this extra money right now. Here's the good news, Mariah. Despite all of this stuff that's happened to you, this debt burden that you have is actually very doable. You can knock this out, but income is going to be the game. Income and discipline. Does that make sense? Yes, sir.

And listen, we're going to get you with one of our financial coaches, so don't feel like Rachel and I just hit you with all this stuff because I can feel on you that you're overwhelmed, and I get that. Bless your heart. You are going through it right now. Well, let me tell you something. You're a mama bear, and there's no stopping a mama bear. And so right now you're feeling overwhelmed and uncertain.

The every dollar budget's got you, I don't know, it's feeling complicated. Something's going on there. And so we're going to invest in you with a financial coach, one of our coaches that's going to get you in a solid situation where you go, I see what I've got to do. But if you will commit to this and you will do this, I'm telling you, you're going to be debt-free before you know it. And, Mariah, do you have family in the area

that maybe even could watch your son two nights a week if you had to leave and go work somewhere for four hours? No, not right now. I'm planning on, I moved, it was such a fast decision that I had to move that I just, I found something I could afford. My brother lives down the street, but he works so much. Okay, yeah, totally, totally. But everything y'all said, I've already tried getting a loan. I just don't know which places to go. My credit's so low because of the expedition.

And we had our house as well, which that's a whole other day would kick my butt on that. But it's both of us that's on it. So I don't know. Our coach, our coaches can help you. You're not alone in this, okay? You're not alone. You can do it. We'll help. And Mariah, I don't know. Our coach, our coaches can help you. You're not alone in this. Okay. You're not alone. You can do it. We'll help. And Mariah, I'm so sorry. And again, I think the fog and the stress of all this change and this heartbreak and going through a divorce is so draining. It's so exhausting. So just know good days are coming. That's going to start to clear.

You're going to start to have a handle on what's going on. You're going to start to have control again over your life. And you're going to be able to see that hope because it's out there, Mariah. We can see it for you. And so hold on the line. Emily's going to pick up to help you. Our scripture of the day comes from Hebrews 11, 3. By faith, we understand that the worlds, plural can worlds, were prepared by the word of God, so that what is seen was not made out of things which are visible. Knowledge is the currency of the universe. universe georgio succo succo succo uh from ancient aliens on the history channel oh man see that's that picture for our viewing audience they put up there that's that's that was for you ken yeah that was for you that guy see that people use that as evidence that maybe people have been abducted by aliens that guy i that's where people draw these conclusions you may have seen stuff by the

way we have a poll going right now at rachel cruz on instagram let's look and i think we should report this to the viewing and listening audience and you can vote by the way okay 30 37 on my side which is yes the aliens are real sure and then the uh 63 for ken 63 of rachel's followers are sane uh and the other 37 are not my followers don't always represent me yeah well there you go i'm just kidding i'm gonna do a poll on mine too later so go to oh your audience i'd be like no of course my audience is stable educated i fully expect that we'll see we'll see you know what would be funny if mine flips that would be actually make my day all right do it ken put it out put it out to your people because i want to know check it out later later this afternoon this evening at ken coleman i'll put up a poll oh you can you can

vote both sides multiple votes feels like a friday i don't know how you're feeling that's how i'm feeling i just think that america wants to talk about these things every once in a while we talk about life and money all the time and you know it's every once in a while it's fun how about life not here on earth exactly That should be a whole segment. We kind of made it a half a segment, as I recall. I know. It's threatening to take over another one if we don't get to the phones. We're going to go to Isaac in Oklahoma City.

Isaac, prepare yourself because I'm going to ask you something real quick. Isaac, do you think that there's a chance that there's some other living being in the universe besides just us? I think I'm kind of on Ken's side. Oh, man. Man, this is going to be a good call. All right, Isaac. I guess we'll take your call. I'm so glad to help a stable human being.

How can I help? Yeah, thank you, Michael. So my question is more along the line of career development. All right. So is there a time that could be considered moving too fast with career development with any company? I know that you shouldn't hold back on an opportunity due to the fear of failing because you can learn a lot with that, but I'm wondering if there is a instance that could be considered as moving too fast. I certainly think so. I think that we can take

things that are offered to us that we aren't ready for, and that can be a negative. Meaning, you know, we say in life all the time, you're never ready to be a parent, you're never, you know, and all that's true. But I do think there are times where we are, our eyes are bigger than our belly, if you will, and we'll say yes to something because we don't want to turn it down, or someone will promote us too quickly, and we just simply weren't ready for it from an experience standpoint and skill standpoint, and that can catch you up. But be more specific because I feel like you've got a real life scenario. Yeah, yeah. So the company that I'm with right now, I've been with them for five years. So to get a little background, I went through a technology center, got a technical degree into my associates in applied science, and worked my way up as a instrumentation technician from there, got on with my company,

had been with them for five years. I worked three years as a technician and then was able to roll over to a new opportunity as a project I&E coordinator. Did that for one year and got the opportunity again to put in for another position to move as a instrumentation engineer without an actual engineering degree to be able to start working in that field. And I've been doing that for about six months now, and an opportunity has presented itself within that same career path as the leader within that company on the reliability side. So I've been kind of struggling on if that's something that I should put in for.

I know that leadership is an area that I find fulfillment in and I enjoy doing, but I also enjoy the technical side as well. Okay. So the struggle is they're not pushing you into it and offering it to you. It's just open and you're wondering, should I throw my hat in the ring? Yes, sir. Yeah, I think it comes down to what's the long-term play for you. Leadership will always be available to someone who keeps getting promoted. That's just the nature of how we view work in America. You do well and they offer you a promotion,

and eventually you're getting promoted into a leadership role. But if you really like the technical aspect of this right now, I'm not sure that I would throw my hat in the ring for this right now. If you really enjoy this and you're getting great experience, that is setting you up for something you want to do long-term. So on the current ladder that you're on, this newer job within this company, is that more the line of work that you want to do long-term? I think long-term, I would want to get into a leadership role and have some direct reports that I can impact on where they're going with their career development as well. But this is definitely something that interests me.

I'm not sure if it's something that I'd want to do for the next 20 years. Right, but no, I get it. But you like this line of work to where if you do it now, you could lead people doing it in the future, yes? Yes. That's what I'm getting at. I think there's a wrong answer here, but I think if you want to get some more skill and more experience in this particular, let's just call it a trade or craft that you're in right now,

it'll help you when you lead people that do that later on. Does that make sense? So it comes down to who do I want to lead? Where do I want to lead? And if I stay in this current role, does that set me up for that? Or do I throw my hat in the ring for this new opportunity? Which one of these sets me up best for where I want to be long-term leading? So who am I leading? Where am I leading? And I would go with the answer that is the best decision right now that sets you up for the future, knowing that neither one these decisions are is a bad decision yeah correct right yep that makes sense where's your gut before you called us you had a gut feeling yeah so i think even like you were saying either way it doesn't hurt putting in uh put my name in the hat for it um that at least gets with my current

leadership that i have within that company and lets them know that eventually that's where I'm wanting to go for a five-year plan, something like that, even if it doesn't work out. Okay. At least they know the path that I'm wanting to go on. It's kind of where I was at with that. Correct. Well, then I think that's a good move. Throw your hat in the ring.

There's no guarantee you're going to get it, and the fallback is you're in a good spot anyway. So go for it. How old are you, Isaac? I am 30, just turned 30. Good for you. Good for you. Good for you. And you've been with this career how long?

So I've been in this industry for nine years and have been with this company for five years. Awesome. So great. Well, congratulations, because obviously you're doing great stuff. Yeah, and you have options in that. So, yep, trust that gut, Isaac,

because that seems right. Throw your hat. I agree. Throw your name in the hat, in the ring. Throw your name in the hat and then throw the hat in the ring. Wow. I see what you did there. There's two steps to this, Ken.

You know what the problem is? My old man phrases confuse you, and you did your best. It's not your fault. It's my fault. What is it? It's throw your name. It's throw your hat in the ring is what I was saying. Yep.

I've heard the whole pick a name out of a hat. I think you were, I don't know where you were going. I don't know, you know, but it works. Well, and I think Isaac's a great example of there is something about the excellence in what you do. And when you're working for a company or at least in an industry, when they recognize that, his question was, gosh, is this too big of a change?

Or is this too much? Am I growing too fast? But there's also a part when you prove yourself and you do what you're supposed to do. I mean, that's kind of here at Ramsey, the attitude of like, if you do your key results areas, your KRAs is what we call them,

and you do them well, naturally you're going to get more responsibility and continue to move up. That's a very good point. You know, that's like catching a wave. And if you catch a wave sometimes in your professional life, and you will, you can really advance quickly. So again, it comes back to, do I think I have what it takes? Meaning, I may not have the skills yet, but I got the raw talent and they'll train me to get

the skill. And if I love the work and I enjoy the work and I'm willing to put in the time, the effort, I'm okay failing. I'm going to learn as I fail and grow. Then the answer is always yes. Yep. Absolutely. It's a no brainer, you know? So there you go. Well, and obviously if you get offered something, don't fake it till you make it. I hate that advice. I do, too. I'm so glad you said that. That gets you burned.

That gets you in big trouble, too. So make sure that, yeah, it's credible. It's a very good point. It's okay to say not yet. Yes. It may feel like a no, but it's really a not yet. That's right. That's right.

So great. Well, Ken, thanks for a great hour. Everyone in the booth for making the show happen. Thank you, guys. And thank you, America, for listening. We're glad you tuned in. And this is The Ramsey Show. We'll be back.

Hey, it's Rachel Cruz. If you like what you heard in this episode and want to know more about getting started on the Ramsey baby steps, go to ramsaysolutions.com and click the get started button. We'll help you figure out the best next step for you based on your specific situation.

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