The Ramsey Show - App - My Boyfriend Wants to Spend $525 on a Psychic! (Hour 1)

Episode Date: August 18, 2020

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Music Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, 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. Chris Hogan, Ramsey personality number one best-selling author is my co-host this hour. Open phones at 888-825-5225. We're going to talk about your life and your money. And it turns out, Chris, that those two things are interwoven. Oh, Dave,

I'm going to tell you, you know, my boys used to play with Legos, and I've stepped on a couple of those things in the middle of the night, went down like I was shot. But the point is, is that those pieces fit together. Better than a burglar alarm. It is better. Spread them in front of the front door. But they fit connected, and you're right. This life and money stuff, it's going to go together, and you can't pry them apart. part yeah and this idea that uh you know we americans with the way we uh have learned kind of a greek methodology of thought of critical thinking we'd like to compartmentalize things

like some things are on sunday like church and then people do weird wacky stuff that i'm getting to a church on monday and you know they compartmentalize different parts of it well that has nothing to do with that well it has everything to do with that because it's all part of the mosaic. It's all part of the picture. And these things all work together. Your dreams, your fears, your goals, your why, your family tree, your upbringing, your jobs, your careers, your character or lack thereof. All of these things end up being woven together. And we've seen over the decades of doing this all the data points that ensure that,

that show that that's true. So we're here to help you with your life and your money. Tiffany is with us in New York. Hi, Tiffany. How are you? Hi. Thank you so much for taking my call. Sure. What's up? So I've been dating a guy for about three months and last night we were hanging out

and he dropped that he plans on spending about $525 on a psychic. I immediately felt uncomfortable. I told him that I thought it was a silly idea. We kind of talked through it a bit as to why he felt like this person, what this person could do for him. But things have been going well up until this point. But definitely, I think I've been doing the baby steps for almost two years. I started with $70,000 a bed. I'm down to about $12,000.

So I'm on the tail end of my journey. And so hearing that definitely, you know, perked my ears and made me nervous. So I guess I'm wondering, like, What is it that makes you nervous, the $525 or the psychic? Both. I mean, and also just... Now, when you put

the two things together, it gets, like, really nervous. Is that what you're saying? Exactly. Thinking that he could be irresponsible with money and thinking about, you know, future casting. I think I had a flash forward to five years from now. Oh, my gosh. Like, if I marry this guy, is he gonna... Tiffany,

how long have you dated this guy? She said three months. Yeah, three months. Okay. Well, she started off with long-term and then said three months. Okay, yeah. That don't... Well, that's cool. So, okay, so how can we help?

I guess my... You know, I've kind of been hit with this a lot in the early dating. You know, I'm a single woman in New York City, and I guess I wonder what are the filters in terms of money, because I found myself thinking, oh, are we not financially compatible? Yeah. Well, I mean, there's two issues. Yeah, there's two issues.

Number one, having talked with a lot of the single ladies that work on our team here, and, you know, I get to hear some very interesting conversations over here, some very interesting conversations. In Tennessee, we call it slim pickings. There's not a lot of good ones out there to pick from, right? And this guy has kind of proven this theory to be true. So, you know, the $525, if he were spending it on something else, doesn't necessarily scare me. But you called me and Chris, and we're people of faith,

and so we think psychics are funny. I am also a person of faith, and I think psychics are funny. We're not a respecter of that methodology. Yeah, that's a lot of money to spend on voodoo. For sure. Have you talked to him about your financial goals? Has he told you what his are? I'm not super clear on what his are, but, I mean, you know how it is when you get into this journey.

You can't help but talk about it all the time so yeah he knows my goals how old are you guys i'm 29 okay all right i i've got a uh my daughters are slightly older than you my sons are about your age um the only way i know how to answer this is papa dave and it has nothing to do with financial really it's the your values are not aligned. You believe different things. And that's more important than the $525. The $525 is an exceptional amount of money to spend on something where your values aren't aligned. So it really caused you to go, dee-dee-dee-dee-dee-dee.

But, you know, if you were one of my kids and we were having a cup of coffee, I would just go, this guy's not the one. And the reason is that if you can't agree on spiritual things, if you can't agree on money, you can't agree on kids, and you can't agree on in-laws, those are the four things that break everybody up later on. And as you said, I fast forward, and now he's spending $5,000 with the psychic because she's now our marriage counselor. And that's what you're fast forwarding yourself into so i'm just that's just papa dave saying you don't have the same set of values now if you both were into psychics i guess you could go forward but the fact that one of you is not into that then that's going to be a deal breaker you you got to be aligned on the important things and religion is one of them yeah tiffany yeah run don't don't don't stroll away i want you to treat this like debt and run yeah

yeah okay yeah you're you're you're gonna be okay honey just just when as you meet the next one here's the thing find out crazy early and then avoid it here's what's interesting okay you put your money towards what's important to you yeah and so if you put a lot of money towards something it says it's very important to you so this guy's not like a recreational psychic guy he's in deep recreational psychic is a 50 drive by for kicks at some fair or something right or a 25 let's see what the palm reader says ha ha ha that's like a recreational gambler but this guy dropped to 525 dollars on the blackjack table and you don't believe in gambling it get that's what got your attention there was enough money that it's like wow and uh so there's there is a one-two punch here that's a really good conversation she said that

dollar amount my wallet twitched in my pocket. Yeah, well, that's because your wallet's pretty tight. You're just tight. You're a tight one. But that's, I mean, you have to look at that and you say, that is a red flag. Right? Again, what we're talking about coming in to the

opening of the show today is that your values, there is an integrated thing here. And so sometimes people say, well, Dave, I'll take Dave Ramsey, but without the religion. Well, then it wouldn't be Dave Ramsey, because I truly believe that what you believe causes you to handle money a certain way. And so as a person of faith, when I believe that the borrower is truly slave to the lender, then that causes a separate set of actions, reactions, and attitudes. Yes.

And to the extent I'm not aligned with someone on that, then I can't be in a deal with them. That's right. Chris Hogan is my co-host today. This is The Dave Ramsey Show. folks i love telling you about well-made well-thought-out products today i'm talking about grip six belts i don't know about you but I'm not a fan of traditional belts. They never fit right and they're uncomfortable. Grip6 belts are unique. Owner BJ designed a truly modern minimalist belt made of high quality materials with no holes, no flap, and no bulk.

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Say never again. Go to DaveRamsey.com slash ELP and click on insurance and get started right now. That's DaveRamsey.com slash ELP and click on insurance and get started right now. That's DaveRamsey.com slash ELP. Mercedes is with us in Toronto, Canada. Hi, Mercedes. Welcome to the Dave Ramsey Show. Hi. Thank you for taking my call.

Sure. What's up? I'm currently on maternity leave until February, and I want to ask how to ask my husband to be able to kind of be a stay-home mom I don't really feel like I want to go back to work I feel like I really want to spend time raising our little one cool what a great goal so do you does he make enough money for y'all to live uh yeah like he makes about 975 what's that mean oh like 975 000 975 000 a year yeah okay i think you could probably freaking struggle through it's it's not so much the finances that as it is I think he has a worry that I'll never go back to work. So?

Like, I don't know. I think because his mom worked like three jobs. Well, so? I know. He makes $975,000. I know. Mercedes, when you were working How much did you make

About 90 Nice income Except that we're comparing it to his Right and how many kids do you have Just one Okay here's the deal Sharon Ramsey Went home to be a full time mom

When our first daughter was born 34 years ago. Yeah. She has never worked in the workplace since. She is engaged in a lot of ministry boards. She sits on hospital boards. She is engaged in being a full-time Mimi to six grandbabies. She raised three wonderful children.

I call that an incredible career. I do, too. Okay. I just don't know how to get my husband on the same page. It's going to be sitting down and talking to him from the heart. I mean, just point blank. I mean, it's not like you guys need the money. This is why this is so flabbergasting. Yeah.

I know. Why does he go do all of that if it's not so that your family can do what they want to do? I know. Like, I just don't see the point in paying, like, a nanny or a daycare to do what I can do because we're fortunate enough. Well, and not since you don't want to do what I can do because we're fortunate enough to be able to afford it. Well, and not since you don't want to, okay? Yeah. So if you want to be outside the home and have a career, and that's your aspiration, and you want to do that, then no shame on that either.

Absolutely. But this idea that somehow motherhood is, full-time motherhood is not a, is somehow to be shamed or to be looked down upon is absolute BS. Well, and I think, Mercedes, that's where you've got to talk to him and lead with the heart and talk about how you are. You're wanting to work, but you're wanting to work with your kid. But it doesn't make you a freaking second-class citizen. No, not at all.

I know. But why do you... I guess I kind of feel that way, and I don't know whether it's more... We call that mom guilt. We call that mom guilt. We call that mom guilt. Christy Wright talks about that a lot. Moms can't win because if they work, they're guilty, and if they don't work, they're guilty. I know.

It's like guilt is built into the whole program or something. I don't know what it is. How long have you all been married, Mercedes? Only a year and a half yeah what's boy child do for a living together about seven um she's an investment advisor i guess he is okay okay wow it's so impressive he's doing so well i don't know i i i think that um number one i just want to give you uh encouragement and, A, this is not crazy. It's not irresponsible. As a matter of fact, it is a high-dignity position worthy of, I mean, someone was Abraham Lincoln's mother.

Someone was Billy Graham's mother. Someone was, you know, and these are high call. This is a high calling. And so someone was Martin Luther King Jr.'s mother. I mean, this is a high calling and uh it has dignity it has value it has worth equivalent to anything you could do in the workplace no shame no guilt and should be no hesitation financially or economically i agree and mercedes i'm going to tell you this don't go into this thinking this is a one time conversation that you're going to sway him or get him. This is going to be a series of conversations. But I want you to lead with your heart. Don't try to go factual. Don't go any of that. Just what your heart wants. And then what happens is it boils down to he has an opinion and you have an opinion and now you got to begin to work through this and you may have to reach out to your pastor or to a therapist and go have this conversation but if you don't

stand for it and show you're serious about it then he's not going to believe you yeah just turn off the television take his phone away from him set the baby in his lap and point at the baby and say what's more important than that or take off for about a week. Let him handle it. Let him handle it. He will find you, honey. I'm going to tell you right now. Your value just went. I told Sharon years ago, I said, if you leave, I'm coming with you. If you decide you're going to run off, I'm coming too.

I was expecting for her to say that she made the majority of the money. Oh, man. And it was a financial. That's some bizarre numbers. That is. Wow. I can't breathe. Tony's in New York. Hey, Tony, how are you?

Hey, Dave. Better than I deserve, man. Thanks for taking my call. Absolutely. How can Chris and I help? Yeah, so i actually just discovered you guys about a week ago so maybe a blessing in disguise but um so i'm 24 and i'm making about 175 right now where do these people come from what do you do for a living i uh i am

i work for a silicon valley uh tech startup but i'm in the sales yes you do what do you do uh i sell i'm in the sales department you are killing it you're what a stud man i'm so proud of you well done okay now that i'm over my shock what how can we help yeah um well here's what the thing is two weeks ago i decided you know? I'm sick and tired of renting. New Jersey rents, as you know, are crazy. And I guess so are property tax and all that jazz. But I did some quick math and realized I spent about $52,000 in the last two years renting. And it just went, you know, kaboom.

You know, I never see that money again. So I made a decision. I'm like, okay, let's look into buying a house or not a house, but a condo. Right. Um, so over the last two years, I've got about a hundred K in the market and then another 30 K and just like emergency fund savings that I pushed up because of COVID. Um, so I'm sitting on some pretty good money, but I also have this student loan debt. That's about 42,000. Write a check and pay it off today off today yeah i knew you're going to suggest that it's at zero percent who cares it's at zero percent who cares and i'm like what if it was 400 million you'd still pay

it off today even if it was zero percent you don't want to hang it over your head so what do you think do i because i don't want to take money out of, I guess the market and the indexes. So do you think I should rent again for a year? Cause I have to sign a year lease. I thought you told me you had $130,000 and $42,000 in student loan debt that leaves 90,000. 42. Yeah, exactly. But that would be mostly in, in the market. And I was saying, I don't really want to take the money out of the market. I kind of want to continue that. Well, there's two different markets we're talking about here. There's a real estate market you can put it in,

or there's the stock market you can put it in. If I woke up in your shoes, sir, you are killing it on the income side. I would be debt-free, I'd have an emergency fund, and I would buy a property with the other down payment. Tony, pay it off, buddy. Pay it off. By the way, there's a girl named Tiffany in New York that used to date a guy that liked psychics. She'd probably like to get to know you. This is the Dave Ramsey personality, best-selling, number one best-selling author,

a couple times over, is my co-host today on the Dave Ramsey Show. Ian is with us in Boston, Massachusetts. Says on my screen, Ian, you are debt-free. Congratulations. Yes, I am. Thank you. Very cool. How much have you paid off? $88,000. Cool. How long did that take? About four years and five months.

Good for you. And your range of income during that time? A little under $100,000 to $120,000. Cool. What do you do for a living? I'm a retail manager at a supermarket. Good for you. So what kind of debt was the $88,000?

Well, most of it was credit card debt about uh fifty two thousand um thirty one on a uh vehicle which i still own and uh five thousand medical debt cool okay so you pushed through four and a half years doing this uh pretty steady good push so what got you started on this whole thing well uh i'd like to do a shout outout to a friend of mine that I also used to work with, this guy Ramon. He got me, he showed me your program and explained everything to me and kind of got me excited about it and made me realize that I could pay this off much sooner than I originally anticipated. Very cool. Made you believe.

Exactly, exactly. Good to have good friends. Yes, it is hey uh ian what was the biggest sacrifice you made over the last four and a half years well uh to be honest i kind of did the davish thing for the first couple years and uh once i took a financial peace university for the first time back last july i got real excited and started selling everything and paid it right off. Okay.

All right. So that moved you from Ramsey-ish all the way into game on. That's it. That's it. Got me excited. Got me fired up and wired up. I love it, man. I'm proud of you.

Well done. How old are you? I'm 35 years old. Cool. And how long, and how's it feel now that you got no payments? Ah, it's a weight off my shoulders. It just makes me more dedicated, more focused in my everyday life, whether that's personally in the workplace or whatever the case may be, and gets me a little less stressed out, you know what I'm saying?

Amen. Yes, I do, buddy. Financial peace, two words that don't go together like airline service. That's right, man. Very cool. Very cool. Well done, well done, buddy. Financial peace, two words that don't go together like airline service. That's right, man. Very cool. Very cool. Well done, well done, well done. So you really, I'm guessing, student loans,

you probably have never been debt-free during your adult life, have you? No, I have not, no. That's pretty cool. Now you're free. I love it. Yes, I am. I'm excited about it. What do you tell people the key to getting out of debt is?

Just getting focused. I mean, to be honest, you know, just you need someone in your corner. You need someone to help you stay focused and get through it. And that's what I found so great about the FPU class, which is people in the same situation saying, you know, hey, I have this problem, but I can get through it, and you can get through yours as well. So it really helped me get focused. And, you know, support, I have this problem, but I can get through it, and you can get through yours as well. So it really helped me get focused.

And, you know, support teams is the best part. Yeah, it sounds like it was a good class because there's no shaming, just encouragement and going do it, do it, you can do it, you can do it, right? That's it. Very cool. That is fantastic. Well, Ian, listen, I want to tell you, buddy, be careful because stupid is around every corner, okay?

You just battled and scraped and clawed to get out of debt. Just keep your defenses up and keep your eyes on the prize. This fully funded emergency fund is the next step, and you can do it with the same intensity. Yes, absolutely. We'll send you a copy of Chris's book, Everyday Millionaires, because that's the next chapter in your story, my man. Very, very proud of you. All right, Ian, $88,000 from Boston Mass paid off in four years and five months, making $100,000 to $120,000. Count it down.

Let's hear a debt-free scream. Three, two, one. I'm debt-free! Yeah! That is awesome. So Deanna Chris with our customer care team just sent me, Ramsey Concierge team, just sent me this email. She said, you have to read this on the air from Linda.

At 10 years old, my daughter purchased her own house with her own money, own horse, I'm sorry. That's better than a house. Okay, at 10 years old. With her own money on horse i'm sorry that's better than a house okay at 10 years old with her own money well this hour who knows but um for 2500 she had saved these funds through several job opportunities but mostly from a dog business that she created when she was eight around this same age she decided she wanted to become a veterinarian she worked multiple jobs saved every dime and going into vet school she had already saved $35,000.

Her father and I did not pay for any of her veterinarian degree. Her first year in veterinary school, they were asked to write their personal goals. One of her personal goals was to get out of vet school debt-free. She was given a failing grade by her professor because her professor told her this was not an obtainable goal. Well, thank you, Dr. Debbie Downer. Yes. Yeah, really.

Okay. Don't you just love dream killers out there in the schools? That's what they call a tenure. Of course, there is much more to the story. She graduated debt-free in May of 2021. She is now a DMV. Thank you for your easy follow directions. You're a blessing.

Touchdown. Wow. Debt free. Unbelievable. Starts at 10 years old. 10 years old. Gets the thought of saving up the potential, buys it, and then has this habit now and belief in herself of what's possible.

That's amazing. And even Dr. Debbie Downer can't take it away. Yeah, yeah, him and his tweed and his pipe. His little patches on his elbows. Little nerd. Yeah, I'm so proud of her. Golly. I had a professor in college.

We finished this huge presentation. It was a case study thing in the senior year. You took all the stuff you'd learned and put it into this case study. And we were so proud of ourselves because overhead projectors were brand new. That's how long ago it was. And we had made up overheads, and we had a whole presentation. And I'm the speaker. I'm going to get up and present all this stuff.

And we had worked all the way through this stuff. And, man, we worked months on this presentation. It's one of our big projects senior year. We go in, we finish up, and Dr. Debbie Downer drops his glasses down the end of his nose and he said,

Mr. Ramsey, you have a firm grasp on the obvious. Wow. You know what? I ran into him a while back and I said, you know what?

I'm making a good living with that. Touché. It's working living with that. Touche. It's working out for me. It's working. It's working out for me. Wow. Saying, Dave, what are you going to do? I sell common sense.

That's exactly right. Ashley is in Indianapolis. Hi, Ashley. Welcome to the Dave Ramsey Show. Hi. Thanks for taking my call. Sure. What's up? So I recently just graduated from college in May,

and I was offered to start a remote job, and I don't get home with my parents. Whoa, whoa, whoa, your phone is screwed up. Start again. You graduated from college in May. Congratulations. With a degree in what? Retail management. Okay, and then what happened?

Everything after that we lost. I'm sorry. So I was recently offered a remote job that I accepted and I'm living at home with my parents, so I have no expenses. But my goal has always been that I wanted to start my own online clothing boutique. So I was curious if right now would be a good time to start it since I don't have expenses and I could cash flow it, or do you suggest that I save for my future for when I'm on my own? Well, you could probably start with some online. You're talking about an online boutique, correct?

Yes, correct. Yeah. So, I mean, you could start that with very little startup cost, just your sweat, right? You don't have to have $80,000 worth of stock to start an online thing. You just have to have access to it and drop ship it. Okay. Well, what if I was planning on doing something where I would have inventory that I personally held and meant for shipping? Just through the wholesaler that I would be buying from.

Why? Why not use them and drop ship it? They can have it to you in 24 hours. You can have it to your customer in 48. Or they can direct ship to your customer, be your fulfillment center. Okay. That or they suck as a wholesaler, one of the two. Yeah, that's true.

I guess I didn't explore that option enough. I just, from what I was looking at from the wholesaler, it was. Well, they would love for you to get an inventory business and give them money on stuff you hadn't sold yet. Yeah, Dave's given you a master's degree in business. And this is where you don't want to bring on the expense and the overhead of a lot of inventory. Well, particularly since you're not sitting on 50 grand cash right now, you're living at home and you're trying to make sure you're debt free and save up money to get out and get started on your own. This is a great opportunity for you to do both. Run your

new online gig that you've got in terms of your new job, and then get the business open with a drop ship or a very low inventory startup either way. That's right. But don't get neck deep in inventory on what you don't know is going to sell. No, and keep working the baby steps so you can get out on your own. Yeah. This is the Dave Ramsey Show. Shane is in Chicago. today here on the Dave Ramsey Show. Shane is in Chicago. Hi, Shane. Welcome to the show.

Hey, thank you very much. Sure, what's up? So, as I grew up younger, I never wanted to spend any money. I'm 27 years old right now. And that's, for some reason, that was just ingrained in my brain. If I didn't have the money, I couldn't spend it. So like I said, I'm 27. I have $23,000 in IRA,000 just in the bank. Cool. So I just rent, no kids, not married, and I'm wondering if I can buy a $35,000 Honda

that I've been researching for the past about two years. Because I'm kind of worried about... Research of researching is one month two years is lusting yeah well i can't spend the money you know i gotta go on my research how much do you make a year a hundred okay all right chris you got a hundred103,000 in the bank. Makes $100,000 a year. And you make $100,000 a year, Shane. You can go get this car. Okay. What's standing in the way? I just don't want to let go of the money.

Okay. So you're talking about a used one or a new one? It's a new one, but I don't know if you're familiar. a used one or a new one use it like uh it's a new one but it's it's i don't know if you're familiar it's a type r so they hold they hold their value pretty well no they don't like you nothing holds its value with wheels and motors they all go down in value they all go down i mean 10 years from now 10 years from now it's a cute little old car um yeah yeah so uh uh you i mean it's it's a rare car it's a hard car to find i bet used or new for that matter um i i really would buy a one-year-old one unless you're a millionaire okay yeah but i would buy one yeah i could buy one used too for

sure yeah if you could buy one with 10 or 12 miles on it, some guy bought it and then his wife said he can't have it anymore or something, and so he puts it up for adoption like a puppy. Yeah, the last thing I want to say is, yeah, I don't want to be, because I've set myself so up to save so much, I don't want to be 50 years old and look back and be like, you know what? I should have just had a little bit of fun and bought that car. So that's what I don't want to regret. You're very wise.

We teach people to teach their children and themselves to always, and Chris and I have met with athletes making $10, $20 million a year, and we tell them the same thing. There's three things you can do with money, and you should always do these three things. You should spend it and enjoy it in other words you should be outrageously generous and you should save and invest in and we try to get folks to do that and sometimes we meet people who all they know how to do is spend it sometimes we meet people all they know how to do give it away and sometimes we meet people all they know how to do is save it like you

and it's good to learn the other two skills, the generosity skill and the – because it makes your life well-rounded. And a good – let me tell you how to do this with wisdom. And, Chris, what we do is we teach – you can talk about this. We talk about the ratios when we're dealing with these athletes. That's right. And so looking at this, what I would tell you is – and the ratios, the pie graph approach, Dave's right. The give, the save, the spend are absolutely imperative. And you've got to give yourself.

I can hear the locked up in your voice about the thought of spending some money. And you've got to give yourself permission to be able to enjoy it. So it'll give you the joy of being able to give it as well. And so right now you got your fist just so tight. I want you to breathe. You're doing well for yourself put a percentage of your income on giving a percentage on investing and a percentage on spending it doesn't matter if it's two percent make yourself do something in all categories okay yeah okay and then that'll keep you from having that 55-year-old I-never-lived-my-life regret, right? Yeah, yeah.

I'm ready to finally enjoy some of my money versus all the hard work and budgeting I've been doing. What's a one-year-old version of that car cost? A new one right now is $35,000. A new one's $35,000. What's a one-year O-1 cost? Yeah, they're on the market for $32,000 to $35,000. Okay. All right. So they're not taking a big hit the first year then.

Okay, cool. How many years have they been making that car? They started in 2017. Okay. So I've been looking at us 2017. But, again, they're around $32,000. Yeah. So I can't find anything else than that.

They got great lines. I mean, they're just beautiful cars. Yeah. Hunt that 2017 down, Shane, and get it. Well, or the 18 or the 19. Either one. But, yeah, I wouldn't buy brand new. We don't recommend that until you're a millionaire.

But, you know, you're in a position to spend that kind of money on a car because it's less than half your annual income. You can pay cash, and I don't think there's any fear that you're somehow going to go down a rabbit hole of spending. So just learn to enjoy part of it. Two more months before you'll do that. Ben is in Phoenix. Hey, Ben, how are you?

Hi, Dave. Great to talk to you. Big fan. Thanks for all you do. Thank you. My question is more about a work-related question and professionalism, I guess. I've been in my current position for four years now, and for the past six months I've been told that there's a raise

and a promotion potentially coming, and it hasn't happened yet. And now I'm looking for other positions. I just have kind of found that I might be interested in moving to a new company. And I just want to know if it's ethical to accept a raise and then a month later leave for another job. Okay. Just to get your thoughts on that. Ben, I'm curious. Is it the fact that you started looking for the other position, was it your frustration

and irritation that you hadn't received the raise or promotion yet? To an extent, yes. Okay. Yeah, that's probably the part of it. Yeah. And so you are on a scale of one to ten, ten being out the door and 1 being you're stuck for life. Where are you with this current company? Probably about a 6 or 7.

Okay, all right. So if the raise was big enough and you thought you could trust the people's integrity next time they told you they were going to do something, you would stay? Yes. trust the people's integrity next time they told you they were going to do something you would stay yes okay because but it sounds like the integrity of them not following through bit you a little bit am i missing something no no that's probably pretty accurate i don't like being led to believe something um nobody does i do feel really valued there and that they you know value my work but i want to make sure compensation is keeping up with that, I guess. Yeah. Well, the way we tell people to act on business ethics when we're teaching, Chris and I both teach entree leadership to business owners,

small business owners in particular, is when it comes to the employer or the employee, a good way to handle business ethics is simply treat other people like you'd want to be treated. Take your shoes off, put their moccasins on, walk a mile in their moccasins. Now, if you ran that business and you had a guy named Ben working there, and, you know, what would you want Ben to do? How would you want Ben to act? And that will tell you what to do and at the same time ben for you to put on their shoes and walk in what they've been doing and what's been going on in the world and in the economy and try to get a feel for that and identify and from them as well yeah because

you know you got to ask yourself and i don't know i'm not suggesting that you're right or wrong one way or the other and i'm not shaming you into staying there at all right um or or leaving prematurely or anything like that um but the uh you know if someone said we're going to give you a raise in six months and a normal course of business six months had gone by and they just didn't keep their word and they they led you along. That's one thing. But during the last six months, we had this little pandemic issue that kind of threw a wrench in a few things. And so I might cut some people some slack, maybe, if they're due it. Maybe there's other things going on. This is a short radio call.

It's your whole life. You've got to decide. If you've got a bunch of indications of lack of integrity around the place then you're probably out of there that's right that's a different one but at the same time go have a conversation and see what's going on let's be adults here and not run off pouting you know yeah i didn't think he's no i don't think he is but i think if you were gonna ever give somebody some grace that's the time an employer or an employee yeah it would be during this covid i would completely agree d Yeah, there's a little pandemic. Puts this hour of The Dave Ramsey Show in the books.

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