The Ramsey Show - App - My Employment Contract Says I Can't Have a Side Hustle (Hour 2)

Episode Date: August 4, 2021

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Live Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, it's The Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. I'm Dave Ramsey, your host. You jump in, we'll talk about your life and your money.

My co-host today, Christy Wright, Ramsey personality, number one best-selling author, launching her second best-selling book in pre-sale. That's a prediction. A couple of weeks ago, it's called Take Back Your Time, The Guilt-Free Guide to Life Balance. So if you want to talk about life, life balance, money, that's what we're here for. It's a free call. Some say the advice is worth exactly what you pay for it.

The phone number is 888-825-5225. Forrest is with us in Fayetteville, North Carolina. Hey, Forrest, how are you? Hi, Dave and Christy. It's an honor to talk to you guys. You too. What's up? So I'm 25 and I just started my first job after college. I have no student loans, no credit card debt. I have three grand in the bank and three grand in single stock. And I'm looking to propose to my significant other, and I'm looking into moving and living with her.

And so my question was, what would you recommend when planning to purchase an engagement ring, starting to save for a wedding, and that would be two years from now, and what would be your recommendation for investment? Because I really haven't done any at the moment. Okay, cool. What do you make? About $60,000 a year. What's your potential fiancé make?

She'll be a high school teacher, so anywhere between $30,000 and $40,000 to start out with. Okay, so like $100,000 household income when you're married, right? Yes. Okay. Well, here's a couple of rules of thumb. Engagements and weddings are really important. No kidding, Dave.

And they can both get emotional and people get stupid around what they spend on both things. So here's a couple of guidelines for you to think about. Since you're going to be saving up for the wedding, the cheaper the wedding, the sooner the date. That make sense? That make sense to me. Because I heard you say two years because it was going to take that long to save the money when it doesn't take that long to run down to the justice of the peace by Saturday.

This is true. I wasn't going to suggest that. I'm just saying that there's a ratio here that the cheaper the wedding, the faster it occurs. Okay? That makes sense. So if you were my kid, I would say don't wait two years so that you don't move in together before marriage. Don't shack up ahead of time.

And let's plan an inexpensive wedding, but a nice wedding, and let's get married in five or six months. If you were my kid, that's what I would tell you. Okay? Now, then on to the engagement ring. A good rule of thumb, the jewelry stores tell you three months of your income, and that's because they sell jewelry. So a good rule of thumb is one month of income maximum.

So Sweetie's getting a $ four thousand three thousand dollar ring max because that's your take-home pay which by the way gets you real dadgum married sharon's was 1164 dollars and 39 years later it's still working good okay and 39 years later it's still working good. Okay. You with me? I think we lost him. I think you scared him away.

Are you gone? Did I blow you out of the saddle? He's like, you killed all my dreams. I'm out of here. Okay, what were you thinking of spending on the ring? I was thinking somewhere between three and five. Okay. We're in the same

ballpark you weren't going to go crazy because there is no correlation between the size of the diamond and the success of the marriage as a matter of fact there might be an inverse correlation at some point okay meaning that you if a large rock is required the size of a headlight this is probably not a not the girl of your dreams but um it's the girl of your nightmares but anyway the um so if that's a requirement so i think you're on track there and so dude i mean listen like we're talking 10 grand here gets this whole puppy done and then you move on with other stuff but in the meantime these things are top of the line what do you think christy yeah i think the only other thing i would question is for us figure out what your um what your monthly expenses are and just make sure that you keep some savings for your emergency fund.

I don't want you to drain your $3,000 in a savings account for the ring and not have any savings. This is on top of your savings. Yeah, you need to cash out this stock and stuff. So you've got $6,000 to work with. You need about $10,000. So you could be married by Christmas with with a ten thousand dollar wedding and a three thousand dollar ring if budget's what's holding if budget's what's holding up the calendar i don't

know if it is but that's what i thought i heard did i hear that you said two years very definitively where'd that two years come from and don't let him put words in your mouth if it's not money tell us you just be honest for us what are we we working with here? Why two years? So me personally, I want to be able to actually live with her a little bit before I actually marry her and spend the rest of my life with her. This is a woman. It's not shoes. You don't have to try them on and see if they fit. All right.

You can do what you want to do. But, you know, the actual statistical correlation between people that shack up before getting married versus those that don't, there is very detailed research on that, and it increases the success ratio in your marriage, your marriage staying together, to not do that. And so there's data on this. It just does. Tons of pieces of research on this.

And yet, there are more people who live together in America today without marriage than marriage. Well, and when you move in together, it can often be be really hard matt and i moved in together when we got married and it was hard so if you're using that as your litmus test to determine if you want to marry her i don't know that's an it's a good idea you may change your minds and she could be the one but it was a hard first six months because why do you fold the towels that way i mean you have some what's wrong with you the toothpaste no no you don't load the dishwasher that way i mean you have some what's wrong with you the toothpaste no no you don't load the dishwasher that way i mean that first year squeeze or roll i'm just saying it's just bad

yeah but the uh i mean we've been married 39 years sharon says we had 25 good years of marriage i'm just saying that goes that's part of the equation you do what you want to do brother we're here to help you and love you and tell you the truth and tell you what we believe. And this advice comes from a point of caring, and it comes from data and research. And it comes, so the average wedding in America today is $28,000. For those of you listening, the average household income is right about $60,000. So people are spending about 50% of their household income on average on their wedding. That's the average. Now that's a lot. That's a lot. It's not to say a $28,000 wedding is evil. But if you spend over half your annual income, you'd be over average. And that's a

double lot. So we've got lots of our team members, 20-somethings all through this building, get married for $10,000 and had some really nice little weddings. We've had some people spend a lot more than that, including some Ramsey girls, but we had the money, so there's that. It feels like a really big deal before it's here, and then afterwards it doesn't feel like it's big of a deal. When you're married, you've got new priorities. We're cleaning out the closets right now.

The organizer lady's there, and we're finding all this stuff from 30 years ago and we're going 20 years ago, 10 years ago. The kids' weddings, our weddings. Wow. Your number one wealth building tool is your income. For business owners, this comes as no surprise. As you're used to putting in extra hours and watching your bottom line. That's why

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Jim is in Finley, Ohio. Hi, Jim. Welcome to the Ramsey Show. Hi, Dave. How are you today? Hey, what's up? Well, I have a little conundrum. So back in November, I was laid off from my job of many years due to COVID,

and I was able to find another job, which I started in mid-January, and unfortunately was in a different state. So I had kids in high school. I wasn't going to move them during the school year. I moved down. You're cutting out all last thing we heard was you moved down and your then your phone cut out try again i'm sorry about that so yeah i moved down and the rest of the family was going to join me after the school year started um soon soon after uh that my wife came. We looked for a house because we were going to be moving.

And we put a contract on the house to be built. And put down $60,000 on that. And we're debt-free except for our house. So we had some money saved and everything else. So everything was good. Passed forward a few more months, and the job did not work out. The principal there decided that we weren't working well together, and so now I had no job and moved back to Ohio

and currently stuck with a house that I have a contract for that I can't get out of. And we're not selling the house that we were going to be selling in order to carry this. point because standard mortgage providers, you know, are expecting you to hold onto a house for over a year. You know, they wanted to be a principal residence. The rest of that, all that is no longer the case. That doesn't, that won't affect anything. That's just, that means you're not going to turn into a rental is all. You promised to be owner occupied, but you're just going to sell it if you have to close it is the contract not contingent upon financing

well the the contract was contingent upon uh being able to show that you could get financing and i did was able to show that because we were you know we were making all that since then my mortgage provider said you know know, under these circumstances, we're not interested in financing you, so we have to find a new way of financing this. Have you talked to the builder? Yeah, we've tried. We've tried to get them to take it back. They're actually selling the same house for $40,000 more than they paid us

on a new one that they're building now. Well, then why wouldn't they want it back? Why wouldn't they want it back? I don't. I don't know. I don't know. I've actually had a lawyer work with them to try to get them to budge, and they're just not budging.

Okay. Has your attorney analyzed your contingency that was removed due to you having financing approved that is now no longer approved it seems to me that that should be an out in the contract that might be i and he has looked at at it and um you know we basically had that contingency when we signed the contract he's unsure if that can pull us out and the question is do we lose the 60,000 for part of it you know the other thing you can do is this um when i used to do flips a thousand years ago i would often uh sell a house that i had under contract before i closed on it and then have a double closing that lasted about five minutes so

why don't you get a good realtor and put the house on the market now and put it and put it on the market put it on the market for what you paid for it um which is forty thousand dollars cheaper than the builder so you'll undercut the builder who wouldn't it was too stupid to take it back if i'm the builder i want this house back. I agree. I don't understand that myself. The only problem with that solution is that technically they still own the MLS because we're owners in contract. We are not owners. Oh, I don't care.

You can create a whole new MLS. A real estate agent can list anything. And they can just list it and say, say hey this house is up for sale and it's under it's a you know construction date to be completed x and uh by the way it's forty thousand dollars cheaper than the builder selling the exact same model for i think you'll get a buyer in this hot market and get somebody to buy it and close it uh one and a half seconds after you do, and that funds it. All right. All right. So I'll look into an ELP realtor then in the other state.

Yeah, I think that's what you need to do. And your attorney needs to get his crap together and start looking at that contingency clause, too, because I think you're out. But I could be wrong. That's smart. That's a good idea. Yeah. But a flip like that, crap, put it on $10,000 more than you paid for it.

Make a little money for all this trouble. Still $30,000 less than a builder's selling it for. Yeah. And, you know, and let them pick out the final colors and stuff. Let them pick it out. Yeah. And they can still customize it at this stage. We don't know when it's completed.

They didn't have a completion date. Yeah. And in this hot market, you probably could do that yeah um you might actually make some money on this that would be weird but um yeah wow wow well it's um yeah that that's why you have contingencies in contracts if you can um i buy a lot of stuff cash no contingencies but i want a deal when i'm doing that. You weren't getting a deal on this. You paid retail. So, you know, you need more wiggle room than that in a retail deal.

But, yeah, there you go. It's interesting. Very interesting situation. Jonathan's in New York City. Hey, Jonathan, what's up in your world? Hey, Dave and Chrissy, thank you for taking my call. Sure. Sure.

So I recently accepted a new job. Just to give a little background, I'm an accountant. And the offer letter stated that I can't perform any business activities outside of my employment. However, in the capitalist experience, I kind of want to have a side hustle or be able to earn some income outside of my W-2. And I was wondering what my options are. What's the why behind that? What's the why behind the non-compete? I'm not sure.

Here's another part of another caveat. I think personally, I think it would kind of be a bad look to ask about this, especially because I'm just starting new employment. I think from their perspective, what they're thinking is that they want me to give my full energy and attention to the job. They don't want any jobs that are going to compete with their time as well as compete for my energy if I'm spending my weekends working and it's affecting my work performance. So I think that's probably why they put that clause in the offer letter. When do you start? I start next Monday. You should have thought all this before you accepted this offer, son. I think you've done a deal

i think you go over and you go to work and you don't work side jobs because that's what that's what you gave them was your word on that i agree with you it's pretty constrictive but that's what you signed up for so you either don't take the job or you take the job with the terms that you took it on and then you could ask maybe in six months if you want to, once you've built a reputation there, if you want to ask about it. christy wright ramsey personality is my co-host today jon Jonathan and Jamie are on the line in Idaho Falls, and it says on my screen, you guys are debt-free. Congratulations. Woo-hoo. Thank you. Thank you.

Love it, love it. How much have you paid off? $120,000 in five years. Excellent. And your range of income during that time? Started out around $60,000, and then we're up to around $100,000. Excellent. Awesome.

What do you all do for a living? I'm a licensed architect. And I teach for a university online. Okay. So what kind of debt was this $120,000? It's our house. Woo! Another paid for house.

I love it. I'm telling you, this is so cool. You guys. How old are you guys? 37. I'm 35. Couple of weirdos. Couple of weirdos.

Yes. What's this house? That's my favorite thing to be. It's the only place you can call. Somebody call you weird and you're glad. You're like, thank you for the compliment. Thank you. So what's

the house worth it's last time we checked around 300 now yeah i love it i love it pretty lucky what in the world happened to you guys that caused you to do all this well i i would say um we've always been for been raised up pretty budget conscious and things, but really it was just someone sharing us your plan. And we're just like, hey, I think in order for us to meet our goals and kind of the vision we wanted for our lives, we had to get this out of the way. Yeah, we both went to undergrad and grad school mostly debt-free before we kind of had a plan. We ended up taking out student loans for one semester, which we were pretty proud of. And we ended up kind of doing the snowball effect without really knowing we were doing the snowball effect because it was such a tiny chunk. And we ended up buying our first house,

and we had some amazing friends, Emma and Michelle, who were talking to Jonathan about his commute. They had a similar commute, and she's like, oh, you need to tune in to the show. And he kind of loved it and ran with it and kind of got me convinced, too. And so before we know it, we're coloring squares on a house on the refrigerator.

Yeah, well, having kids who love, like, coloring on anything, this was a big, they love coloring in the squares, like, almost more than we did. That is cool. So we're seeing the picture of the house with the colors on YouTube. Is that 120 squares it's actually we started it we started that one at 100 because we ended up selling our first house and we we kind of buckled down that was right about our five-year mark we were like okay we're around 100 let's just buckle in and so yeah 105 years boom just like that knock Yeah. Way to go. We ended up doing the last, we bid about the last $60,000 in the last year.

Whoa. Yeah. We were looking at a, there was a triplex that came up, and we're like, wow, that looks like a really cool investment opportunity. My husband's an architect, so he's all, like, we like we dislike property and we kept looking at it but then we just there's this well dare i say it you know your voice in the back of our head that's like hmm should you go into debt for this cool investment property or should we just knock the mortgage out so we can actually have freedom and pay cash for an investment property later yeah good exactly yeah yeah so gosh this

is so cool what do you tell people the key to getting out of debt is heroes so i i would say like dream big together and and then set the goals um and then just buckle down and grind it out that that's the key from my perspective because we really we had had to be working, working together. And in order to, to last on the grind of it, the daily grind, um, you'd need to have that vision, that goal out there of something you're going towards and working, working together is key. Well, you make a good point because a lot of times people call and they ask, you know, some way to fast track it. It can feel like a grind, especially when you're doing the house. What kept you guys motivated for five years of this, of sticking with it? Yeah, I think listening to other people's stories was huge.

Like knowing that it was a possibility. Absolutely. Because, I mean, you know, the weird thing comes back. Like everyone, you're just going to be in debt for, you know, the 30-year mortgage. And just like seeing, hearing other people's stories and really going, okay, we could actually get out there. And, you know, and also be examples to other people who don't think it's possible. Yeah.

That motivation for us, just keeping that, just staying tapped into listening and just working the plan because that kept us going. Our rice and beans dinners with the family, listening to the debt-free screams and working towards it, that just kept us going, kept us going. That's cool. And now you're 37 years old and you don't have a payment in the stinking world. You own your house 100%.

You rock. You rock. Oh, thank you. How does this feel? Oh, man, it's just surreal. surreal it's just it feels so good and it still hasn't entirely sunk in but it's just yeah it feels really awesome it's lighter just a lot lighter yep yeah that's true because debt's heavy yeah so heavy and when you set it down it feels lighter that's's exactly right.

That's so true. And even just the idea of, like, the word free, debt free, but, like, there's a freedom even in your spirit. There's a freedom and a lightness to your life when you don't have that over your head. Well done, you guys. That's amazing. Thank you. And it's crazy, like, just keeping going.

I know there's probably some pictures that pulled up. In the last month, our 2-year-old broke her leg our truck got smacked in front of our house and totaled and since we were able to kind of just keep going with what we knew we needed to do we were still able to to deal with the crazy and meet our goals yeah yeah we see the uh barefoot over the uh over the grass with one one in a cast that's perfect yeah yes yeah i, yep. I love it. Walk through your backyard with no shoes on. It feels different when you own it.

That's amazing. So you guys did that. Well done, well done, well done. We've got a copy of the Legacy Journey for you. That's the next chapter in your story for sure. You are going to and have changed your family tree, changed your legacy. Way to go, you guys. And a copy of the Total Money Makeover to give away.

Some of these people that are watching over your shoulder, watching what you're doing or intrigued, maybe you can prompt one of them into the game and change their life. For sure. Awesome. Well done, you guys. We're very, very proud of you here at Ramsey. Jonathan and Jamie, what are the three kids' names and ages? Olive is eight, Dash is six, and Velda is two.

All right. And a cast. I like it. Very good. All right. Jonathan, Jamie, Olive, Dash, and Velda. $120,000 paid off in five years. They're debt-free at 37 House and everything.

These are weird people in Idaho Falls making 60 to 100. Count it down. Let's hear a debt-free scream. Three, two, one. We're debt free! Yeah! This is how it is done. This is fun.

Never gets old. Now, here's what people don't understand. Because they haven't had the pleasure of sitting in this seat for 30 years. They're 37. In the next 20 years, by the time they're 57, not only do they have the ability mathematically to now invest the equivalent of a house payment, which is tens of millions of dollars over 20 to 30 years. But here's what happens. His career path will be different because now he can make choices. Right. And has margin and he can work where he wants to work,

when he wants to work, and he will make more money because of that because he's not forced to stay in a place because Friday's coming and I got bills. Yeah. When you're trapped, you don't become as prosperous as you do when you're free. Yeah. And see, that's what you leave out, some of you, when you're looking at this equation and you're saying, Oh, I can invest in my initial funds and I won't pay off my mortgage.

And paying off your mortgage is really stupid. Now, you're really stupid when you say that. Because you don't understand what freedom does to every aspect of your life. Your marriage, your health, your medical bills will be lower when you don't have this in your life. They just set down a weight. When you don't have to carry that weight, it changes you. We'll be right back. Christy Wright, Ramsey Personality, is my co-host today, working on her second number one bestseller. It's on presale right now called Take Back Your Time,

The Guilt-Free Guide to Balanced Living. It is how to properly address this whole subject of balance. It's on sale now at remsey solutions at 20 and it includes 100 150 worth of other items as well so be sure and check all of that out you don't want to miss it out take back your time and uh here's the thing uh we're also going to be doing a live event. Are we pushing? No, no, no, wait a minute. Well, we are actually doing it. We have a quiz.

That's what it is. We do have a quiz, and this quiz is going to help you uncover the root of why you feel out of balance in the first place. It's called Why Am I So Busy? Why Do I Feel So Busy? You can text busy, B-U-S-Y, to 33789. It's free.

Free. And find out what's the root cause of why you feel out of balance. And that's going to help you know what to do about it. But, Dave, we are actually doing an event on September 16th. And you get a ticket to that event when you buy your copy of the book in pre-sale. So if you wait until it launches, then you don't get that good stuff. That's one of the bonus items. Yeah, e-book, audio book,

all that. But September 16th, two days after book launch, you get a ticket to that event if you buy it in pre-sale. So go ahead and get your copy

because we do have that event coming up. Now I remember because I'm on that event. You sure are. I hope you'll be there. Just reminded me what's on my calendar.

Can't wait to see you. My September is something almost every day. It's going to be a wild wild wild month and uh that's just uh one of the wild elements of that month so yeah september 16th and if you want to take the free quiz text busy to 33 789 alana is with us in helena Montana. Hi, Alana, how are you? Hi. Hi, what's up? Oh, okay. My husband, his employer, the company went public, and so we've been trying to figure out what to do with

the RSU, the stock he's been paid over the last five and a half years, and also he has the opportunity to purchase stock options so we're just um thinking a lot about like how does what's the best way to do that obviously um having a bunch of single stock is not something we're comfortable with but um also we have different uh no trading periods as well but um what kind of advice i guess do, do you have for us on how long to hold it and what we should maybe do with that? Well, so you've got restricted stock units, and what are the restrictions on it? Sorry, I wasn't expecting that question.

So we can't trade right now. The period will be open here in two weeks or so, and then each quarter it seems like there will be a period of time after numbers for the company are known or whatever. Okay, so it's not like a one-year waiting period, or if it was, you've already passed that. Yeah, well, the period that the initial public period, we will be passed here in about a week and a half.

Okay. And then the other periods will just be between quarters as we're waiting for whatever they like to do with that, I guess. Well, they don't want a bunch of employees dumping stocks on a newly public company right before they announce earnings and cause a dip in the stock because people get scared. They go, oh, the employees are all dumping it. And so they typically do restrict your units on an initial public offering for a year. That's not unusual.

And up until numbers are released each quarter. So once the numbers are released, then you're selling the stock won't affect stock price. And that's why they do that. So it's not an unreasonable thing. So what's all of this worth that you currently own? So we currently have about $35,000 worth that has been held for over a year. Okay. And what is your household income?

Another $35,000 for less than a year. What's your household income? Between $100,000 and $120,000, depending on bonuses. How much debt do you have, not counting your house? None. Good. How much do you owe on your house? $229,000. Good. How much do you owe in your house? $229,000.

Okay. And you're putting 15% of your income away in retirement on Baby Step 4 or not? Yes. We were definitely on Baby Step 4, and then we did borrow into our emergency account, so we do have a little bit to pay back into our emergency account, but not enough that we've taken and stopped the 15%. So you had an emergency. We'll have that paid back soon.

Yeah, yeah. Okay. All right, good. And you're getting past that. Good. All right. So if you're working our baby steps, then you know four, five, and six are simultaneous. Four is 15% of your income into retirement.

Five is kids' college. Six is pay off the house early. And so I'm using everything I can get college. Six is pay off the house early. And so I'm using everything I can get my hands on to pay off the house early. And so as those stock units become available, I'm cashing them out and putting them on the house as fast as I possibly can. As far as buying stock options in the company, that's typically 15% off of retail, right? The numbers my husband gave me were that it would cost us about $27,000 to buy the options, and they would be worth $140,000. So I guess pretty close to what you're saying.

No, that's a lot more than what I'm saying. That's a lot better deal than what I'm saying. I'm saying 15% of a reduction in price. Oh, 15. Okay, got it. This sounds like you're buying it at 10 or 15 cents on the dollar. So he's got some legitimate options there as well. Here's the thing. You can roll those options without investing any cash.

You can just sell them. Mm-hmm. Okay. Okay. And that sounds like that's going to make you net, what did you say, 130 over 27? Make you another 100 grand, right? 140 over 27, yeah. Yeah.

Okay. It's going to make you another 113,000 on top of the 35 that you got. We're about to get your house paid off, kiddo. Yeah. Yeah. It's crazy. Yeah. Sell it all.

Sell it all. Okay. Yeah. And so do we want to try to hold on to it for a year? Nope. Is it, you know, sell it as soon as, okay. I have no idea what the price is going to do. I will trade the opportunity for this business that your husband's in,

I have no idea what it is, to make a lot more money in order to be free. You've got plenty of time to play games with stuff like options and single stock ownership later after you're free completely. And so you make $130,000 a year, but you're sitting on $130,000, $140,000 worth of stock. And so you've got the equivalent of one year's income that you're screwing around with here in single stock. Now, you may do all of this stuff and look back and that stock double in value. And you go, that Dave Ramsey lost his dadgum mind. No, I want your house paid off.

Okay. But you can do what you want to do. That's how we work the baby steps, right? Yeah, and it's interesting, too, because I think that when you ask the question out loud and you start to do the math, it becomes so much more clear. Because having that money that is sitting there, you could be putting that towards the house, the $35,000. And I've never heard you talk about, I guess, not as much about the company stocks. But I think that's a good question because anybody that's in a company that has that option needs to know what to do with it and what to put it towards. Yeah, most publicly traded company stock options are standard employee stock purchase.

They're very standardized. It's 15% off. Gotcha. Which is not enough to mess with it. Yeah. Because if you look at the 52-week high and the 52-week low, they go up and down more than 15%. Are all company stocks single stocks?

Yes. Typically? Okay. That's all. That's the only thing there is. It's a stock in a single company is what it is. And this is an initial public offering, an IPO, which means it's got tremendous upside. It could be a real go-go, but it's got tremendous downside, too.

Right. It's the most volatile of all categories, brand-new companies companies. Brand new publicly traded companies. But it's like fishing stories. You only hear about the ones that you got into the boat. You don't hear about the days that you sat out there in the sun and got nothing but a sunburn. Yes. And you caught nothing. You know, and so the guys that do an IPO and it goes completely belly up and they make almost nothing on it or they lose half of their money,

then you don't hear those stories with your golfing buddy. You don't brag about those, your fishing buddy, right? But all of that to say, I'm not taking all the risk. When you make $130,000 a year and you have $140,000 sitting on your plate, you go pay off your house or move towards paying off your house. That puts us out of the Ramsey Show in the books. Thanks to Christy Wright, my co-host, James Childs, our producer, Kelly Daniels, our associate producer and phone screener.

I'm Dave Ramsey. We'll be back. Did you know you can listen to the Ramsey Show on your smart speaker? Just tell Alexa, Google Assistant, or Siri to play The Ramsey Show podcast. Check out all Ramsey Network shows on your smart speaker today.