The Ramsey Show - App - My Husband Refuses To Talk About Our Finances (Hour 1)

Episode Date: April 2, 2024

Live from the headquarters of Ramsey Solutions, it's The Ramsey Show, where we help people build wealth, do work that they love, and create actual, amazing relationships. I'm Dave Ramsey, your host. Number one best-selling author, George Camel, is my co-host today. His book is Breaking Free from Broke. He's a Ramsey personality. And we're going to be answering your questions about your life and your money.

Open phones at 888-825-5225. Letitia starts this hour in Charlotte, North Carolina. Hi, Letitia. How are you? Hi, Dave. Hi, George. I'm great. How are you? Better than we deserve. What's up? All right. Well, I'm in an interesting situation that I kind of feel I already know the answer to, but hearing it from you guys definitely will make it make more sense. So I found you about

six months ago and did your entire total money makeover book and started immediately implementing the baby steps. Paid off about $10,000 in consumer debt over the course of credit cards and a car loan. Good for you. Thank you. And what is remaining now are my student loans. And I got my bachelor's as well as my master's. And it amounted to about $160,000. What's your master's in?

I got my MBA. Good. So what do you make? Yes. So I make you make? Yes. So I make about 120. That's good news. Yes. So big shovel, but big debt simultaneously.

And I did what everybody did sort of pre-COVID, like right before it hit, and God offered the opportunity for them to consolidate it. And my mom said, that makes perfect sense because over the course of seven years between my undergrad and my graduate degree, it was like 14 different loans between subsidized and unsubsidized. So right now they are consolidated down into two. So I've got $51,000 of subsidized and $110,000 of unsubsidized. And you're single? No, I'm married.

You're married. What's your husband make? Like $75,000, $80,000. Oh, so you have a $200,000 household income. Yes. What other debts do you all have? He's got a car for his son, and I am about two months away from paying off my daughters. So we've got 20 and 17-year-old kids.

So those will both be paid off here this summer. So then the only thing... Okay, so if you make $200,000 a year and you have $160,000 of problem and you paid $80,000 on it, that would have you household living on $120,000, not counting taxes, and you'd be debt-free in two years, right? The numbers sound great when you say that. Yeah. Well, I mean, you make $200,000.

I've got you living on $120,000 minus taxes. Mm-hmm. And that's less than you've been living on ever. Yes. In recent memory. So, you know, I'm pretty much boiling your lifestyle down to nothing. What's your question, Letitia? Well, so we are currently renting,

and I obviously, like the goal is to buy our first home. And we're a little bit older, so I'm 42 and my husband's 45. So it would be like a first time home buying situation. And what we currently pay in our lease, I feel like we could do in a mortgage and actually, you know, own the home instead of just renting. But I know like just from listening to the show, the idea of taking out a $200,000 mortgage on top of $160,000 in student loan debt doesn't make much sense. But I worried about trying to prolong getting a house if I fully, fully waited until the student loans were paid off. If you're going to take 20 years to pay them off, that might be a discussion, but you should pay them off in two years. Two years.

And then the emergency fund and then the down payment. And so we're saying this is going to delay it, but you weren't ready to buy a house today anyways. You guys don't have any money. Do you have any money in savings? Yes. How much? have any money do you have any money in savings yes how much um so i've got about 10 000 okay have you guys combined bank accounts no how long you've been married two years okay his

kid's car your kid's car they're separate discussions. You're still living two separate lives. So we're going to always recommend, because the data shows us, this is data-driven, that couples that combine their money and work together towards a goal have a huge increase in probability of actually hitting that goal. That goal being getting a house, building wealth, having a real solid nest egg, all of those things. Trying to do it as two separate individuals acting as roommates it very seldom occurs statistically that's a data thing so we're going to have you guys combine that and so we have two kids with cars we got to clean up and then we have my student loan debt that we need to clean up so we can buy a house. And that's what we would do.

So George has got his nose to the ground. He's figuring out what's really going on over there. I'm Scruff McGruff over here. Yeah. Oh, my God. Just wanted to throw back to that, Dave. This is like an 80s throwback there, an 80s reference. Not as young as you thought.

I'm telling you, you're getting older every day. But yeah, that's what we would do. And I'm going to tell you to really lean in, and both of you, the faster you get this cleaned up, the faster you're on your way to not only homeownership but wealth building in general. And so I'm going to absolutely go crazy for two years and have this done in two years. Because 120 minus taxes, stop your 401k temporarily during that time.

Don't do anything. $1,000 is baby step one. Everything else goes towards this. We're going to attack, attack, attack, attack, attack. And the two of you working together. Right now, you've been kind of working this, and he's been standing over on the side watching you do it. So we're changing the whole discussion, not just simply answering the one question.

And as you guys budget $200,000 of income, it changes the numbers. It changes how much margin you have to throw at this debt. And I think largely it's felt like a solo journey, trying to tackle this debt, making $120,000. And that's not a fun way to go and so marriage it's we you got to change the pronouns here and start looking at this thing as a singular goal we're attacking together yeah jade says have a vocab rehab oh i like that that's pretty good she's much cooler than you and me yeah i gotta work on my rhymes i'm not there yet we gotta hang

around with jade i'm mentioning scruff mcgrruff. Jade's out here with Vocab Rehab. Yeah, well, that's my point exactly right there. Well, back to the data, Dave. Back to the data. It's true. Couples build wealth faster when they combine their life, their goals, their vision, their bank accounts, their budget. It's just a better way to live. Yeah, but I saw on TikTok that women ought to protect themselves. Oh, my goodness.

See, there's several problems with that statement. Number one, you were on TikTok. That is right there. That defines a whole lot. That tells us a whole lot about you right then. This is the Ramsey Show. George Campbell Ramsey personality is my co-host. Open phones at 888-825-5225. George Campbell Ramsey personality is my co-host open phones a triple eight eight two five five two two five Elizabeth is in Charleston South Carolina hi Elizabeth welcome to the Ramsey show

hi how are you today Dave better than I deserve what's up okay well I worked very, very hard to get where I'm at. I met my husband in my early 20s, and I had about 20 store credit cards and 6K in debt, and she helped me get out of that. didn't go on vacations for decades, put a lot of money towards the mortgages. Now we live in a great area, our dream house, great location, but I literally have no idea how much money we have and we're still not going on vacation or living life. And I'm just a smart person that's doing really dumb decisions by not finding this information out and every time I ask it's not going anywhere and it's not that I don't trust him because he's very very good with money it's just I think we're going overboard and what we were doing and I don't know how to kind of get out of this

merry-go-round of just my head stuck in the sand why is it that he won't share with his wife the money that you have i just never in the beginning because i was the one in debt coming into the marriage how long have you been married 20 years i've been married 43 if the stuff i did stupid in the first seven years of marriage was still counted against me i probably wouldn't be alive i know i know so i don't you know what you did 20 years ago doesn't count why is it that 20 years into your marriage you don't know what's going on with the money why does he not think you're worthy of that probably because i

haven't pushed it you know every time i push it he just doesn't want to get into it and i just kind of back off and then i don't fight it and i'm to the point where i have to know this stuff if something happened to him i would have to know how to pay the mortgage. Okay. So how can we help you? How do I get out of this? I don't know if it's a mindset I'm stuck in or if it's just I'm scared. I just kind of want to get out of this, the hold of just not knowing. Well, I guess, I mean, I don't want to be a smart aleck or anything but the way you get out of the

hole of not knowing is you start knowing which means bozo's gonna have to open up his mouth and tell you what the flip's going on and you're gonna have to demand it as a part of him continuing to live okay yeah hey dude i'm gonna duct tape you to the bed and beat you with a baseball bat you're gonna tell me what the flip's going on here, okay? I'm kidding. Don't do that. But, I mean, you really are – you sound sweet, and you sound so apologetic, like you've done something wrong for asking about your life,

and you don't owe anybody an apology for that. You don't need to be a jerk about it, but you do need to lean in hard enough that he decides he's going to share with you and say, Listen, I am terrified because I do not know what's going on. It's not okay that I don't know what's going on. And starting right now, I'm going to know what's going on or we're going to have other problems in this house. Okay. Can you find that much roar in your voice? Yes.

It's just, I can't. It's like a five-year-old that throws a fit. You know, he goes into that mode. Yeah, you sound like someone who's been, who's the subject of domestic abuse, the way you're verbalizing it. Like it's all your fault that he's misbehaving. I think it's the way I grew up with money. I'm the youngest of five kids and there's a huge age difference between me and my siblings and yeah how old are you i am 47 okay

it's time to grow up then yeah oh give a crap what happened when you were a kid as of right now you're like a 47 year old grown woman and he needs to grow up too and yeah walk in there and say bubba this ain't going this way anymore we're not doing this not happening okay you've told us that you trust him but the truth is i don't think he trusts you if he's not willing to share any of this and be transparent with you there's a bigger problem on his side yeah and he he enjoys no one questioning his decisions is he controlling in other areas too just like stupid stuff like restaurants we go to we don't like the same food so i don't like that stupid eating is something we do a lot of three times a day if you're normal yeah so i think you don't get a vote in this

marriage in every other area and that's not okay yeah well i mean i live where i always dreamed of and um you know there's a difference between having a vote and being a kept woman yeah you're kind of tired of being a kept woman is why you call well i wish i was a kept woman i make my own money and you know contribute to the household so i mean it'd be nice if you're kind of missing the point, darling. I know. Okay, so are you going to sit down with him and deal with your marriage issue or not?

Yes. Okay, good. I'm proud of you. And if he absolutely refuses to share with you what's going on in the finances when you point blank demand that as an equal share in this marriage, then you guys need to go see a marriage

counseling to which bozo is not going to go and you get to go by yourself and learn how to how how to speak bozo and that's what the marriage counselor will do they teach you how to speak that so i know that that's a fun way to put it well i mean they teach you how to come back and do the confrontation and give you you know because basically what we're talking about here is a boundaries violation. And the first thing that happens when someone violates your boundaries, whoever we are, our friend Dr. Henry Cloud, of course, wrote the consummate book on that, Boundaries, but you feel like you did something wrong.

You feel crazy. Which is now called gaslighting. That's the new term for this, when they make you feel like the crazy one and you're the problem. Yeah, and that's typically when the boundaries are being violated, that's what going on and it's an abuse mechanism and it's a manipulation and so you know i feel like i did something wrong but then but what happens is when you get in the presence of a coach or counselor or you call us you know we're going to come alongside you and go uh by the way you're not crazy so as a matter of fact what they're doing is crazy so you need to step back up on that boundary again. And this time you need to stand on it and not get pushed off of it with gaslighting, manipulation, whatever it is.

Right. And so but this open guys, it is. This is coming up more and more and more. And Rachel and Dr. John Deloney are doing the money and marriage event in the fall and they're they're going they're they're both have gone down a rabbit hole on this research that's out there right now there's fresh research in but it's old it's an old subject i saw the research similar research 30 years ago but we used to call it the marriage advantage because the statistics were that a single man did not prosper financially in his career,

in his health, his health that wasn't as good as a married man. And the idea being that relationships are good for you, good relationships, not toxic ones. And the idea being that when you have something to work for for your family you're serving someone it changes your demeanor it changes your character you lean in you you you prosper for good reason because you know when you got kids and dogs and stuff you know bills to pay all of a sudden it's different purpose yeah and so there was a there was what we used to call the marriage advantage well we're seeing it, and they're calling it all kinds of different things, but we're seeing the exact same data is still there.

We found it again when we did all the millionaire research with all the millionaires. We found that the couple that is married and has a healthy marriage relationship, meaning that they both are speaking into the decisions. They're both speaking into the future dreams. They're both speaking into the sacrifices and prices that have to be paid to get to those dreams. They're speaking into major purchases. They're speaking into major giving decisions. And the ones that do that together, who can find a virtuous wife for her worth is far above rubies. The heart of her husband safely trusts her and he will have

no lack of gain huh gentlemen you want no lack of gain virtuous wife listen to her now wives larry burkett used to remind us that that does not give you permission to become the Holy Spirit. That's his job. So a virtuous wife understands that. And so it's, you know, thoughtful, wise input into life. You live longer, better, and you prosper more. It's a pretty dumb formula, but it's kind of obvious. is the ramsey show you want to break free from broke well you would get the book breaking free from broke then by my co-host today george camel ramsey personality number one best-selling author very cool and ken coleman has been helping people do better at their work and do work in different places so they make more money and have a better quality of life. He's been doing that for quite a while. He's one of our Ramsey personalities.

He's had a couple of number one bestsellers. And he developed a couple of years back an assessment called the Get Clear Career Assessment, the Get Clear Career Assessment. the get clear career assessment the get clear career assessment now what it does is helps you figure out what you're good at what you love doing and then it starts molding that into a process and starts pointing you in some possible ways you have never taken an assessment like this it is powerful i took it and i'm obviously settled in my career and i was it very interesting how it just completely – we did such a good job with the assessment. It reads your mail. It read my mail. That's exactly what it did.

It's pretty wild. Dave, you should be, like, in talk radio. I mean, it was, like, crazy. So the Get Clear assessment has had about almost 100,000 people take it now. It's on our website at ramseysolutions.com. We are launching a new book with Ken called find the work you're wired to do now it will have as a part of the book the get clear assessment as a matter of fact the book is a quick little read to help you understand and implement the get clear assessment so you get the assessment with the book and it shows you exactly how to do everything.

The book actually comes out in May. It's on pre-sale right now. And again, you'll get the audio book and the e-book with it, which means you're going to end up with three codes to do three different assessments. So you can give it to friends and family. That'll be pretty cool. And it's a great bargain when you do all that together you can pick this up anywhere books are sold but you can certainly get it at ramsey solutions.com april the 16th the day after dreaded tax day rachel cruz is coming out with her second children's book her first one was i'm glad for what i have about contentment this one is i'm glad for where i am great bedtime stories and this is about gratitude because we have found that as you teach children gratitude and contentment uh those are

the antidotes to entitlement go figure um humility is coming next get ready but yeah the i don't know if it is or not but probably and uh so it kind of all falls in the same bucket right children that know how to say please and thank you and don't think that they are the center of the universe they don't think the axis of the world runs through the top of their sweet little heads these are children that become prosperous adults and um because everybody wants to be around them as opposed to the guy or gal who at a party is a taker rather than a giver and so i'm glad for where i am the latest in the series by rachel cruz comes out beautifully illustrated presale right now yeah you need to steal that for your

baby i do i got a seven month old little girl and these are the problems i'm having dave how do i not destroy this kid how do i not raise an entitled brat in this wild digital age? And so I'm excited to read this to her every now and then, just to remind her what Aunt Rachel said. I got it out. Daniel's Little Boy's Four, I got it out. Papa Dave, read. Papa Dave, read.

Papa Dave, read. Oh, that's fun. Don't get me started. I'll definitely read to you, because we know that children that are read to, their intelligence level goes way up. So always be reading to your kids. Especially if it's a good kid's book like this.

There you go. Check out all those books. It's exciting times around here. The junior books have been selling very well for decades, but these books by Rachel are just the world-class illustrations as well. Laura just did an incredible job with that. So, George, changing gears from a sweet little kid's book that you can get pre-sale at RamseySolutions.com

to a not-so-sweet story. Something a little more sinister, if you will. Sinister. That was good. It was pretty good. All right. You've got that villain thing down, Dave. A little scary how good that was.

FTX co-founder Sam Brinkman Fried, in so many ways, sentenced to, it's freed probably, but I love fraud better. Sentenced to 25 years in prison for his misbehavior with the old Bitcoin. So this was the former cryptocurrency billionaire co-founded and led as CEO FTX, which famously collapsed back in 2022. 25 years behind bars for his role in perpetrating one of the largest financial crimes in U.S. history. He was convicted of seven counts of fraud, conspiracy, and money laundering, along with other charges of conspiracy to commit commodities and securities fraud at the ripe age of 32. He went from multi-billionaire. If you launder Bitcoin, does it rust?

Is this like if a tree falls in the forest, riddles? This is a thought, yeah. I mean, when I put other coins in the laundry, they rust, you know. It was never really money. It was never really there. Oh, that's right. It was just air. Who knew?

Nothing happened. This is wild. His conviction last fall followed the startling 2022 collapse of FTX. Why was it startling? We predicted it. The cryptocurrency trading platform he had co-founded and led a ceo amid an eight billion dollar shortfall in funds oops eight billion oops just oh it's a shortfall is that what we call it oh yeah it's called 23 years in jail at trial he

was accused of using depositor money to prop up his struggling hedge fund. No kidding. As well as using the funds to buy luxury properties in the Caribbean and make donations to a range of causes. FTX, which was mainly the Democratic Party. FTX was one of the second largest crypto exchange in the world, allowing users to buy and sell dozens of virtual currencies. His wealth was estimated at more than 30 billion the collapse of cryptocurrency prices clip crippled ftx and exposed the shortfall of eight billion dollars yeah so when the tide goes out you can tell who was skinny dipping love that that's what happened right so so he took people's money to invest claiming it was still there but instead he was funneling it into crypto and keeping a little bit on hand in case people wanted to withdraw that when crypto bit the dust everyone frantically tried to withdraw the money's not there and it all collapsed on itself george the advantage of crypto is it's

not regulated by the blockchain man it's it's not the government man it's like it's off the grid man there's no regulation on man it's it the advantage. Dave, you would like crypto because it's like you don't like the government, man. Right, man? Isn't that how it works, man? Well, guess what, dumb butt? When you have zero regulations and a guy is supposed to be treating something like a bank and instead he goes and buys his own stuff with your money, there's no regulations on it. There's no guidelines.

There's no guidelines. There's no oversight. Listen, I don't want the government doing checkups on my body parts either, but I'll just tell you, this is the exact thing that makes crypto, as a stupid idea, easy to outline here, because it didn't have any government oversight, man. It's like, cool, dude. It's like you're sticking it to the man. And yeah, well, this is what you get.

You go to real prison. You don't go to prison in the metaverse here, Dave. You actually go to real prison. It's not an MTF prison cell. I wonder if he could sell NTFs of his prison cell. That would be something else. That might be his way out. It's not a way out, but it's a way to make somebody money while he's in there.

Oh, my gosh. Yeah, I guess, you know, you play stupid games, you win stupid prizes. That's the motto here today. Oh, my gosh. Sam was not a ruthless financial serial killer who set out every morning to hurt people. That's his defense lawyer. Yeah. Oh, boy. He described his client as an awkward math nerd.

You're just a sweet kid, Dave. He's just a sweet kid. He just stole $8 billion. He tried to return the money. He used $8 billion of other people's money to buy him stuff, and sweet kid didn't know that it wasn't his money. He didn't know that he, you know, he just used $8 billion of other people's money to buy him some stuff.

Yeah, that's offensive to awkward math nerds. That's just a sweet math nerd. I mean, all the awkward math nerds in America and around the world ought to rise up and not be put in this category. Because, you know, he, you know, it's amazing how he's actually devoid of ethics is what it amounts to. He's actually has, he's like a psychopath. I mean, he probably is a sweet kid. I mean, in all honesty, I have no idea. I've never met the guy.

But I, you know, I wouldn't doubt it that he's a sweet kid. But he's just completely on a psychopathic on a psychopath level devoid of ethics led to it probably he's so far astray from normal human function that he probably didn't occur to him he was stealing people's money that's how stupid and sad this is and here's what's really stupid and sad some of you thought it was awesome to put money in there. You remember Matt Damon? Fortune favors the bold. Don't you remember the commercial for F?

It was at crypto.com for that one? Crypto, yeah. Oh, my gosh. Fortune favors the bold. Well, sometimes boldness gets you in prison for 25 years. Sorry. There it is. Ding, ding.

This is The Ramsey Show. George Campbell, Ramsey personality, is my co-host today. I'm Dave Ramsey, your host. Thanks for joining us. James is with us in Chicago. Hi, James. Welcome to the Ramsey Show. Hi, how's it going? Better than I deserve. What's up? So I recently just discovered a gadget show last week, so I've been to watch probably 80 of your episodes on podcasts. Wow. I went over my debt, and I'm like probably $80,000 in debt,

and I don't know, one, where to start because it's just so overwhelming to just like pick one and go with it and then I have a second question is I'm up for a new job that will triple the income that I make now yeah here take it because I don't want to make poor financial decisions to end me up until where I am now money was never really talked about growing up so all this is like all the eighty thousand dollars is like figuring out on my own type thing, if that makes sense. Wow. So how much do you make now and what will you make if you take this job? So currently right now between I have a full-time job that I make, it's I think like $35,000.

And then I have a PRN, like part-time job that I do like on the weekends. I've just finished training for it. I'll bring in an additional $30,000. So I bring in roughly about $60,000 a year if I take the new job it'll increase my income to about between 130 and 150 a year and then I can just go down to one job and I'll have to have two jobs because my one job the new job i'm going to i'll be traveling all the time yeah what do you do so i currently right now i work in investments at state farm and i'm a um a patient care tech at a hospital um that i travel do i took a travel job for and then the new job will work in a catastrophe department at state farm oh the catastrophe department so you'll be traveling for State Farm, going to the disaster areas

and helping the folks there and issuing checks and so forth, right? Correct. Okay. And you're how old? 33. Okay. And what's your degree in? I don't have one.

Are you single? Yeah, I'm single. I have a kid, though. Okay. All right. Are you – is the child traveling with you? No, she's 13. I just had visitation.

I see. I see. Okay. All right. So let's reframe this. If I were in your shoes, that's what I would want to do um I'm gonna just make up something bizarre which is not happening okay but I'm gonna pretend I was trying to I was offered the opportunity to buy a company that was an engineering firm and I could buy it for one third of what it's worth.

Now I have zero engineering knowledge. I've never run a zero engineering firm. Um, I don't know squat about that. I could make a real mess with that. Do you, you believe me? Yeah.

But if I could buy it for one third, then my new job would be to figure out enough about engineering to run the firm and enough about engineers and processes for running an engineer firm. I would have to go to school, so to speak, not real school, but I'd have to learn all I could learn about engineering if I wanted to engage in this bargain that I've got in front of me. You see what I'm doing? So you've got a bargain that's in front of you. But in order for that to be a blessing, like buying an engineering firm at for one third of what it's worth. And again, it's just a stupid,

bad metaphor. But but if it's a bargain, but it's not a bargain if I go screw it up and bankrupt the thing because I don't know what I'm doing. And that's kind of your question i i don't know if it's a bargain for me to get a bunch of money since i'm not good at it so that means your job is not to not take the money your job is to go learn how to handle money and you've been binge watching ramsey which is a good start so you have a you know you're getting ready to come into some money. It made you nervous because it made you realize you don't know what you're doing. So let's get you on a path to knowing what you're doing. Let's make you competent in this area so that this blessing is a blessing and not a curse, which is your fear. Right.

I don't think you're going to destroy your life over this, and here's why I know. You have the wisdom and self-awareness to call us going, I might destroy my life over this. Please help me not destroy your life over this and here's why i know you have the wisdom and self-awareness to call us going i might destroy my life over this please help me not destroy my life so part of it is pre-deciding you're going to do wise things with this money that you are going to be managing i don't know and the lack of knowledge scares me that's a better statement than i'm a bad person i'm going to screw this up. Because that reflects your character. And I don't think you're that guy. You may have made mistakes in the past. If I was going to give you a nice car and you didn't know how to drive,

it would be your job to learn how to drive. Right. But it had nothing to do with I wrecked my dad's car when I was 13. Well, so what? You still can learn how to drive. Right. And that's what this is. So you're getting a vehicle at a you know money that can take you some places that you couldn't go otherwise and so you need to learn how to drive and we'll help you with that that's what we do every day and you you know

that's the reason you've been watching that's why you got really interested is i don't want to screw this up i want to get better at it i i need to put some tools in my belt that aren't in there now for life is that i i think you i'm with george i don't think you're going to mess it up because you're I need to put some tools in my belt that aren't in there now for life. I'm with George. I don't think you're going to mess it up because you're asking the question. If you were arrogant and didn't know what you were doing, then that's a dangerous combination. But you're humble and don't know what you're doing. And that's a fabulous combination.

That's an opportunity for growth. Right. And what I love about the baby steps in budgeting is it forces you to make a goal for your money. Because otherwise it disappears into stupid decisions like you're talking about. So the wonderful thing is this new income has a very specific goal. It's going to pay off $80,000 in debt. And so you're going to set an aggressive goal and say, all right, I'm going to make $130,000 after taxes. Let's call that $90,000. That's $7,,500 a month i want to pay this off in 18 months do they pay your travel and housing when you're on the road so they cover you get a company vehicle you they pay um they

give you um that was the stipend i think that's what it's called when they pay for all your food is that an addition to the 90 our indigent addition to the $130, I'm sorry? Yeah. Okay. So basically you can almost live free as a single guy and almost put all your income on this debt. Yeah, correct. That's amazing.

So what if you could put $6,000 out of the $7,000 towards this debt every month? I don't have... I can do that if I get accepted for the debt. I'm just... Previously, I've been poor with money, and during COVID, I made like $150,000 during COVID, but I was off in a relationship.

Where did you spend it? Bad relationship. Was it on the relationship? Yeah, relationship, traveling. I ended up buying a new car bad relationship where did i was it on the relationship traveling yeah relationship traveling um i ended up buying a new car that ended up being like a horrible deal that i thought i paid and paid it off so james like a hundred percent of the people listening to you right now including george and i have done stupid stuff with money my only goal is to not do the same stupid thing twice. Exactly.

And so you've got some stupid stuff already under your belt. You know what it looks like. New car, traveling, trying to walk around, be something you're not in a relationship and using money to do that. You got those stupid things in your belt. You know what they look like. You won't do them again, hopefully. If you do them again, there's no hope for you. I mean, you got to stop doing stupid stuff.

But you're going to do new stupid stuff, probably probably i have done new stupid stuff over the years and it's just but so my my stack of stupid stuff that's in my rearview mirror is just taller than yours dave's innovative like that he always finds new ways genius so we're going to put you through financial Peace University and teach you how to handle money. And that includes putting you in the world's best budgeting app, the premium version of every dollar, which hooks to your bank and allows you to track every year, every one of your expenses. And I want you to treat the next year and a half to two years like a game that if you're 100 percent debt free and have $50,000 in the bank, at the end of the game, you win.

And so you gamify this, and you just watch every penny in this budgeting app, and every penny goes towards your game goal, and the game is the game of life, and it's not the one with the little spinny wheel. It was a fun one. And the little get married and have little babies in your car thing the game of remember that yeah oh yeah i love that game and when your original show was called the money game that's true that's true any correlation with the game of life no it didn't it just was catchy but now that's um so james you're gonna be fine and hey as you're going along if you need some help more than that

if you got another question you call we'll help you it's what we do man and uh fpu will be that game changer for knowledge though yeah i think i think you if you'll just do what we teach you to do in there it'll work man it's worked for 10 million people this is the ramsey show Thank you. Bye.