The Ramsey Show - App - My Wife Passed Away 10 Days Ago...What Are My Next Steps? (Hour 2)

Episode Date: June 4, 2021

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Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studio, this is the Ramsey Show, where America hangs out to have a conversation about your life, your work, and your money. I'm John Deloney, joined here by best-selling author and Ramsey personality, Ken Coleman, and we are taking your calls on just about anything. Your relationships, your work, bosses that you're struggling with, where to go next in your parenting, in your kids' schooling, in your career, whatever is coming down the pipe.

And we're also going to take your calls on money. And we can figure it out along the way. Ken, how are we doing? Good, good, good. We always have fun together. That's right. We got the doctor and the guy who wishes he was a doctor. I think we can figure it out along the way. Ken, how are we doing? Good, good, good. We always have fun together. That's right. We got the doctor and the guy who wishes he was a doctor.

But not good enough of a student to do it. So I learned early on. You can sprint a marathon or you can walk it. It's the same. It's all good. Or just read about what it's like to do a marathon. That's even better. You can watch one on television. Yeah.

And scroll right back. That's even better. You can watch one on television and scroll right back. That's right. So give us a call at 888-825-5225. Kelly's standing by to take your calls. Let's go out to Charles in Orlando, Florida. Hey, Charles, what's going on, man? Hey, good day. Thank y'all for the laugh there.

You betcha. What's up, man? My wife passed away about 10 days ago, and I'm just trying to find the next steps of what to do. We do have a life insurance policy, and I'm just trying to figure out what steps to take different, you know, to make sure that I don't do anything too fast and just take my time and make good decisions. Charles, I'm so sorry.

I'm so sorry. Tell me about your wife, man. The best. Absolutely. We had over 200, around 200 folks at her reception after her funeral. And just absolutely everybody. I wish I had kept up with the number of ladies who wrote me and said that she was her best friend. Wow, what a testament.

So you told me about some numbers. I want you to tell me about her. She is extraordinarily loving. She was always encouraging, a wonderful Christian mother, wife, and grandmother. And just an extreme, extreme encourager for everyone. Oh, wow. How many years were you married? Forty-six.

Wow. Was it unexpected or something that was a longer journey of health issues? She contracted leukemia back in 2015, went through one round of chemo, and went into remission for five-plus years. And then it cleared back up, and just got a lot more aggressive than we were expecting. She'd been sick about two and a half months uh at the time she passed away wow well charles first man our hearts are with you brother yeah thank you so much and i've been

married a long time and um i just i appreciate you honoring us and with with your trust and thank you so much um the second thing here is do you got any kids? Yes, got two kids. They both live out of town. How are they doing? They're doing all right. My son left just today, just a few hours ago, to go back home after being here for about 10 days. Okay. So in the normal arc of grief, right, I always make a little star on my calendar when I've got a friend of mine who's going through something. For 10 days to about two months after something like this, when the last guy leaves, like your son did today, this is when your house gets real quiet, right?

Yep. This is when this thing starts to get real, real, real, right? And that's when you look at the pile of bills and the questions and the what nows, and that's when stuff, it's been heavy and it's been messy. Now it takes on flesh and bone, right? Right. So the first thing I want you to recognize is there is no rush. Okay.

Right? Your bills are covered. Y'all are okay financially? Yes. Okay. All right. So the guy who trained me in crisis response and actually walked me through some stuff that I was dealing with said no decisions for six months after something gets sideways okay okay um and i make sure that i've got somebody with me when i'm making big decisions in the middle of grief okay do you have

a buddy that you can call you can reach out to i do okay so i would have somebody come over and help you and it will also somebody when they love you and they don't know what to do this helps give them something to do with their busy schedule i mean with their with their busy hands right um so you're in a weird way you're giving them a gift too and coming over and saying hey we got to dig through all this stuff i'm not ready to go into the closet i'm not ready to go into the closet. I'm not ready to fill in the blank, but we've got to start sorting through some stuff. Right. And you've got to let one or two or three guys know in your life, I may call you at 2 in the morning, and I need you to bring a box of cereal

and some cheeseburgers and a beer and come over, right? And those three guys, man, you will give them a gift, and they will grumble, and like guys are, but, man, it will give them a gift, and they will grumble like guys, but, man, it will give them a purpose to get up and show up and come over to your house. Okay? You can't do this by yourself is what I'm telling you. Right? Right.

So practically speaking, you've got a life insurance policy. What other things exist out there? Well, other than our house, we're debt-free. Okay. And I was kind of in a transition from a work standpoint. Okay. I've been a consultant for just over 10 years. I made reasonable money, but it's also something that had started to wear on me,

and I was trying to think of what else I could do, because even though I'm now on Social Security, that's certainly not enough money to live the kind of life I want to live. And so I was in transition of possibly changing jobs okay uh before this happened okay and uh now of course you know there's 12 you know without without the wife and things there's uh there's even more possibilities that could open up. That's right. So listen, there's going to toggle back and forth between I can do anything, I can move, I can go be by grandkids, and it will toggle back to that amount of untethered freedom will feel like you are falling and there is no one to catch you.

Okay? Right. So here's the important thing. You cannot judge your grief. It's going to be what it is. You're going to have up days and down days. That's why having people with you is really important.

Get the life insurance stuff carried out. Put it in a money market account and let it sit for six months and don't move. Don't run. Don't go run and start a new job or quit your job. Be slow. Be methodical. We'll be thinking about it and praying for you.

And Charles, I would just say take the six months and call me. Call the Ken Coleman Show six months from now with those ideas about transition. It will definitely get you lined up. But I do think you take six months and dream a little bit. Get healthy. Have some fun. Do all the things John said, then call me. What are your teens and preteens doing this summer? If they're business-minded or are wanting some extra cash, the Teen Entrepreneur Toolbox is perfect for them.

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Rules and restrictions apply. Today's question comes from Emerald in Kentucky. Emerald writes, I was taught your financial principles in high school. I come from a poor family and I've worked since I was 17. I'm currently 28 years old, debt free, own my own home and have my dream car too. I've never been married because my relationships never last long enough. I feel stuck and don't know what my next move should be. I have the means and the time to retire young, but I lack the path for it. What can I do when it's all on me to make these decisions?

I got to tell you, it irritates me when we get this onion in a written question. I know. It's a lot here both though there's about four or five questions that i would need to adequately ask and answer this but uh we'll tag team this one uh i'll address the i lack the path for it you don't lack a path for retirement you lack a purpose in your work you're not quite sure what you want to be when you grow up. Or, and again, we don't have him on the phone, but you're not clear enough to be confident to say, this is what I want to do. And when you can identify the mountaintop, to use a simple analogy for everybody, when I know that that's the mountain I want to climb, well, now I can go train

and I can go talk to people who've done it. I can go hire a guide. I can go buy the equipment that will allow me to get up the mountain. But when I don't know what mountain I want to climb, I'm just kind of just standing down in the valley. Well, there's a mountain range and there's one. And boy, that can cause a lot of confusion. So I'll

address that piece right there. Knowing where you want to go, it doesn't matter where you are, even if you've got a map. If you don't know where you want to go, you still feel lost. And you've got a map in front of you. That's right.

That's what I hear in this. So I think Emerald does a great job in this small little paragraph that he sent us in describing the futility of how some people interpret the American dream. Which is, get a house,

get your dream car, don't owe anybody any money, and all of your problems, they're a vapor. They go away. And if you have no one to share your life with if you don't have relationships none of that crap sutures none of it dude this is what this is what you and i do you can have nothing but you got a gang to walk with you and life works you have

purpose in two major areas of your life folks folks. And this is what Doc just addressed. Relational purpose, first and foremost. We are created as humans to connect. Period. Okay? Secondly, we are created as humans to contribute. Yeah. And that's work. Relationships, connection, work, contribution.

I'm just telling you. And then, way down that list, buying crap. Yeah. But here's the point. He's got it. He's debt-free. He's got it. Good And then, way down that list, buying crap. Yeah, but here's the point. He's got it. He's debt-free. Good on him, 28 years of age. Got his home? Good on him. He's got his dream car, and he's stuck. That's what he says right here.

I feel stuck. Well, he's not stuck. He's lacking. He's untethered. He's lacking purpose in his relationships. Connection. He's lacking purpose in his work. That's lacking. He's untethered. He's lacking purpose in his relationships. Connection. He's lacking purpose in his work. That's contribution. Yeah.

Come on, folks. And he over, he did. Everyone's probably an awesome, awesome person. Oh, no question. Overcame a poor family. Yeah. Saw, I don't want to live this life. I'm going to.

Disciplined. Work hard. Yes. Hard. Yeah, absolutely. So here's what you do. You go submit to other people. Come on.

You go say, hey, man, you want to go hang out? Yeah. And you think it's hard to win a deal? You think it's hard to grind out paying off your home? It's real hard to be vulnerable and say, hey, you want to go hang out? Because they might say no and reject you. Hey, I want you to call Doc here on the Dr. John Deloney Show and say, hey, man, none of my relationships last very long, and then just let John dig.

That's the issue. That's right. Why? That's right. Here's the deal, John. I don't know what's behind this, but I do know this. At some point, you've got to choose to love somebody. Yep.

And harder, you've got to choose to love somebody. Yep. And, harder, you've got to choose to let other people love you. Oh! That's hard. Oh, I thought I said something good and you just went and trumped me. That was really good. Dude! I'm serious. That was really good. That's exactly right. Sucks. Maybe he's not loving himself enough to be loved.

Of course not. Because at some point, you look across the table and you say, why in the world would this person spend time with me? Yeah. Because I know what's going on in my head. I know what I think about other people. I know how I judge other people. I know how I get pissed off and frustrated and fill in the blank.

All my failures I care about. Here's what, John. Here I host a show helping people discover what they're supposed to do professionally, that contribution, that purpose. And I find out all the time, John, that we should be doing our show together some days. Because it's like you'll dig into a situation like this. You know why he hasn't figured out what he wants to do professionally because maybe he's been hurt deeply by somebody yeah and the very thing that is keeping him from lasting in relationships not loving himself and accepting love may have something to do with why he can't figure out what he wants to do with his life. It's all connected is the point I'm making.

Absolutely. And when you are in fight or flight, here's what's beautiful about the world we live in, brother. You can fight and run and make a ton of money. You can fight and run and be real busy, work 24-7, 365. People throw book deals at you, pay you big money because your whole story is, I'm a fighter, man. And I can run.

I can out-busy anybody. And what do we call it? Success. He's got a great work ethic. Success. Crushes it. Right? He's a boss.

And he's completely alone. Right? Total mess. So what I'll tell you is I know a number of... Here's how big relationships are to me, Ken. I don't think I've ever told this on this show. Oh, this is exciting. When I was interviewing here, Dave was showing me around

all this cool stuff. And I mean, it's enticing. It's exciting. I asked Dave, who do you listen to? Who do you hang out with? He obviously said me, but who else? He said, number one,

first and foremost, Ken Coleman. Hosted the Ken Coleman Show. But he rattled off a group of people that he listens to who call him and say, Hey, why'd you say that? Who speak into his life. And I remember leaving here thinking, Dave and I are going to disagree on a lot of things, but I trust him. Because he's got people who speak into his life. No question.

And why do all of this? Why get your dream car if you've got no one to ride in it with you? Right? Oh. Right? Why? Exactly. What's the whole point of having a house when you don't even use but one or two rooms?

Listen. I didn't mean to spend this much time on blinds.com question, but listen, they're getting their money out of this segment. If you are listening to this much time on Blinds.com question, but listen, they're getting their money out of this segment. If you were listening to this show, at the end of the day, if people at your funeral talk about what kind of car you drove, they talk about, you know, there lies Tom. He had a giant house. Or they talk about, wow, he really had a cool job. Yeah.

Man. What you want people at your funeral to talk about is, man, he showed up. He was hilarious. We spent years together. It's true. We were married, like, the last caller for 47 years. And everyone thought they were her best friend, right? Your legacy is the connection those people had with you.

That's the win. They talk about the connection and the contribution you made in your life. Into their life. They all thought she was her best friend. The people that you touched. So good. It's about relationships, good folks.

Do not do life alone. This is The Ramsey Show. 888-825-5225. This is The Ramsey Show, taking your calls on life and work and purpose and money. Let's go to Shelby in Dallas, Texas. Hey, Shelby, what's going on? Hey, how are you guys doing today? Outstanding. How are you?

Doing well. Very cool. So what's up? My question is about how to teach our kids the value of money. A little background on us. My husband and I are in our mid-30s. We've got three kids under four, so we're starting young. Debt-free other than our home.

Wow, way to go. We paid off in a couple years. Thanks to Dave and Chris, we are everyday millionaires working on being multi-millionaires. Wow, very cool. Congratulations, guys. Thank you. working on being multimillionaires. Wow, very cool. Congratulations, guys. We've done, thank you, thank you, thank you all. We've done most of this journey without our kids seeing it. So I kind of have a two-part question.

First of all, how do we teach them a foundation of gratitude and appreciation, starting with toys and birthday gifts and vacations now, and then later on we're blessed in a position to pay for cars in college. And then kind of part two of that is how open are we with our finances, our salaries, our budget meetings, and things like that? Well, you'll take on the easiest one first. That's the second part of that question. I'd be open to the point if they don't need to know salary and stuff like that

because kids can't be trusted with that information. They go to school and they just think they're talking to their friend like, hey, my dad makes this much. So I would not reveal how much you all make, but as far as having your budget meetings in front of them, they see you guys at the kitchen table or wherever your spot is,

talk to them about line items and what the budget is made of. So instructing through transparency, I think that's a good place right there. I'd be very open about budget and how you don't do debt and all that kind of stuff. I just wouldn't share how much you all make. I actually, Shelby, I asked Dave that question. Oh, you did? Off air, how do I walk?

I always want my kids involved in these conversations. I want my son to see these numbers. And that's exact same wisdom there, right? Which I don't tell the kids our salary, but I want them to know, here's how much that light bill in Dallas, Texas costs. It's expensive. Oh, yeah. I want them to know those things. I openly gripe when I have to go into the emergency fund and fix the car.

I want them to hear that. That's right. I'm like, oh, man. So, hey, Shelby, one thing that I love, and I may be a slightly sadistic parent, I love it when we're going to do our budget meeting and I tell my son, hey, you've got to come sit at the table and listen. And he goes, I kind of love that. Right?

And I don't do it every time. What age do you start at that? I don't. Because I think ours are really too little. Yeah, I mean, one, two, and four is too little, right? Yeah. But what you want to do is think of the words you use. They're absorbing you.

They're picking up your body language. And so if every month you all sit down to do a budget and you all are yelling and fighting and you're rolling your eyes at each other, your kids will understand that money is a thing to avoid. It causes relational conflict. If it is not silly and absurd, but if y'all say, hey, we're going to have our budget meeting and you say those words out loud

and y'all sit down at a table and y'all are prepared and you're planning and the kids are playing on the floor below you, they begin to absorb that that that this is a natural rhythm of a family this is what people do every month they plan and i would announce it to your kids this is budget meeting time and so y'all are going to play on the floor when mom and dad talk about how much money we made how much things cost how much we're going to save how much we're going to give and you just begin to teach them that language. And it doesn't become a – the birds and the bees talk is much better when it is a part of your daily interactions with your kids and not when it's some weird event. They remember the event, right?

I'm uncomfortable already thinking about it. I've had to do it three times. Shelby, I'd say this. I think the five-year-old, I think once that four-year-old becomes a five-year-old, kindergarten age, there's no magic age here. This isn't a rule. But I think you could start the conversation about chores. Absolutely. And start paying them a buck a week or two bucks a week or whatever.

That's right. They're going to begin to see a really natural relationship with money. When I put forth effort, in other words, work, I get compensated. And that's a wonderful little tool before they ever understand budgets is just, hey, here's the deal. And I think we still sell them here at Ramsey Solutions, but we have them. We're selling them three or four years ago, at least, but my kids still have the piggy banks that we sell at Ramsey Solutions with the little red rubber tops, and it's spin,

and it's save. And here's the deal. They've learned to tithe, and they kind of get this whole conversation just really natural, as John said. So I think from that standpoint, showing them the value of work and making them earn stuff, I think is huge. I mean, to this day, Josie is 12, and I don't know if your daughter's into this little Josephine, but these fidget things, there's all kinds of these little poppets, and they're futzing around on these things, and they're really popular with sixth grade girls, apparently. And so she wanted to buy several, and I was like, babe, I'm not going to keep buying.

You've got five. You'll want 15. Go buy them. So you know what? She showed up the other night, and she said, hey, mom, can i do what can i do and josie's motivated and i told her i said i'm proud of you she created a checklist for a week and she cut a deal with us we'll pay you this much i'm happy to do that that's fantastic so shelby um i'm getting into Ken's territory here, but here's a cool thing that happens when you start teaching kids about work and monetary rewards. It's a great time to talk about their role in the family, their purpose, what they contribute.

They begin to learn deep in their soul, this family does not run without me. I'm a part of this thing. And so what we did with our kids is we broke up. Here's a few jobs that we do in our house that you don't get paid for. It's part of all of us are together on this. And then, man, you got to go get on the riding mower and mow, mow, mow. I'm going to pay you for that because that stinks. I'm not paying you to clean up your room.

No, that's a part of being a human being inside the Deloney house. Right. And so one other thing, you talked about gratitude. My wife is the one that really drove this home teaching our kids. When they get gifts, they don't play with them until there is a thank you card written. Oh, that's good. And they go through an entire dramatic process and the the writing is awful sometimes it looks like it was written with somebody's feet right it's not great it's it's about the exercise

um and we thought that counts right the correlation it makes right and another thing that we do she then again this is my wife they created um bags of food that stay in the car that we can pass out when folks are on the side of the road and they need money or help. And here's what we're trying to do. We're trying to teach our kids that the life they're growing up in is not everybody's life. In fact, it's very few people's life. And you've got to walk through life with your eyes wide open for people you can serve and you can help and be a part of. It's about gratitude. So your wife and my wife, dude, we've really outmarried ourselves.

There's no question about it. Two things that I'll share with you that Stacy did, Shelby, and we learned this from a marriage mentor, a couple that mentored us early on. And they did this with their kids. We stopped doing this, by the way, when the kids got to sixth grade because of the type of parties. But for each of our three kids' birthday parties, starting at the age of three, we would invite their friends over and their present, the kids' present,

was a really awesome party. And we told all the parents, don't send gifts with your kid. They were like, what? We said, don't send gifts with your kid they're like what we said don't send gifts you come and you bring food you bring clothing you bring a toy and so all three coleman kids their birthday party was an awesome bounce house or some cool experience that was the gift they didn't get toys from us they didn't get toys from their friends because

in today's world you do a you do a birthday party for your five-year-old it's like christmas toys are us 15 kids show up and every parent's trying to outdo the other parent and so we learned is so what we said was and people it took them a while a couple people tried to sneak a gift please take it back and so then and so each of our three kids, Shelby, would then take everything that was brought and they would take it to a children's hospital if it was toys. They'd take it to a food shelter if it was food. That was

really, really a beautiful thing and our kids learned that the party, the relationships, the friends, that was your gift. That's the magic, right? Not a toy. So at the end of the day, if you distill all the things that Ken and I just said down into one word, it's intentionality. You can't screw up intentionality with your kids, right? Be present with them.

Think through it. Let them see your budget. Let them see the fun and the smiles and the frustrations with budgets. Make them be grateful. Teach them gratitude. I guess you can't make them be grateful. Teach them gratitude. I guess you can't make them be grateful. Teach them gratitude. this is the Ramsey show 888-825-5225

let's go out to Jacob in my old hometown of Abilene, Texas hey Jacob, what's going on man? hey, how's it going? we're doing great, how about you? I'm doing good, I'm blessed, thank you outstanding brother, how can we help? so I'm doing good. I'm blessed. Thank you. Outstanding, brother. How can we help? So I'm 28 years old.

I'm recently divorced. I have custody of my oldest. We live in an RV right now. I just sold a $45,000 truck yesterday, which brings my debt down to $21,000. Okay. So I'm without a vehicle. I do have a work truck. I'm clearing over $120,000 a year in the oil and gas industry.

Okay. So my question is, do I just start making minimum payments on my debt, or do I go and try to get me a $15,000 truck financed to help me with my lawn care business on the side? So let's start at the very beginning here. How much debt do you got, brother? I got $21,565. Break that down for me.

I got it. The credit cards, is it student loans? What is it? So I have $16,000 in an RV that I'm living in, which I'm debating on selling. And then the rest is just personal line of credit that I owe. Okay. How much could you get for the RV? Do you know?

So I owe $16,000, and I probably could get maybe around $12,000 to $14,000 for it. And then where would you live? I would probably rent an apartment. Yes. So I would sell that thing tomorrow. Yeah. Here's the deal. Unless you are, I know a lot

of roughnecks out there in West Texas that will go live in those things in the field and then come back. So if that's what you have to do right now, then you can absolutely hit the gas on paying that thing off in two months, in three months. And I'm talking don't go out to eat, don't go do anything cool, and get that thing paid off.

If you're not doing that, if you're actually working, are you at Wells there in Abilene, or are you out there in Midland or Odessa? I'm in Big Spring. Okay. Man, I would sell that thing tomorrow. Yeah. And even if you have to go get a bridge loan for four grand, if you're making that kind of money, though, you should have $4,000.

You can just go pay that thing off or pay the balance on it and then be done with it and then go get yourself a one- or two-bedroom apartment there in Abilene, Texas. Not a lot of money. And don't take out another loan. You were working so hard to clear all this stuff. You just sold a beautiful $40,000 truck. You are too far down the road, man, to take any steps

back. Does your work truck... Go ahead. My brother tells me there is such a thing as good debt. So I'm like, well... There is not. I work a 10-4 schedule, so on my four days off, I like to mow grass for extra income. Perfect.

My idea was to invest and get in a trailer, and now that I don't have my truck, I was like, well, maybe I could get me like a $10,000 truck, something reliable, so I can do that on the side still. But I was also thinking, like, I'm so close to getting out of debt, I could just get me a $3,000, $4,000 car or Civic or something. Yes. Yes. Do not borrow money. First of all, I know he's your brother, but you don't need to take any more financial advice from your brother.

Do you take romantic advice from your brother? I hope not. No. Okay. Well, then put financial advice right underneath that. Okay? You're done with that. You can still love him, give him a hard time at Thanksgiving,

but you're done taking money advice from him, okay? Okay. And so now, dude, I spent a year shoving a mower and a weed eater and a gas can and a blower in the back of an 88 Tercel hatchback. You can figure it out until you can earn enough money to buy a $5,000 truck that will get you around the big country area. All right, John, listen. So right now, I've got a 15-year-old kid.

It's going to be 16 November, so I'm already starting to look, all right? Yep. I have never been on Facebook Marketplace in my life until three weeks ago, okay? It's a dark, scary place, man. So somebody told me about it, and so I go on. I'm like, wow, this is amazing. Here's my point. You can find a truck for three four five grand

easy that'll get you where you need to in abilene uh don't pay ten thousand for a truck three four five thousand or didn't you have to be a truck get an old uh suv or something you wouldn't believe what's out there i mean seriously i know and jacob i lived in abililene, Texas in I think it was 2009 or 10 when it didn't rain for 100 straight days. It was like a dust bowl. It was 100 degrees every day, and the lawn guys were up a creek. And so what you don't want to do is have a $10,000 truck and a new riding mower and all this new top gear and then have it roll over on you. Yeah. Okay?

Don't borrow money. You're so close, man. Yeah. You're so close. Yes, sir. Give your little kid. How old is your little boy? He's 10 years old.

All right. Man, y'all go get an apartment. Get out of an RV. Sell the RV. Go get into an apartment. Yeah. It's hard, man, because you're close, and now you want to start, like, I've got a scheme, I've got a thing.

You're a grinder, you're making six figures in the field, you work, you're bought off, you're a hard worker. Don't skip steps, man. Just keep taking the small ones. Get rid of the trailer. I love the apartment idea. Get one with a pool so the 10-year-old can flop around. You guys have a big time.

You can throw him in the pool. It feels good for everybody. Throw him in the pool. I love that. That's exactly right. All right, let's go out to chris in lexington hey what's up chris hey man how's it going good hey we're getting up against the clock so jump right into your question all right so i'm 20 year old i got a paid off double wide it's a hundred thousand dollar double wide and uh so i moved an hour and a half away from college for college and uh now i got a

new job lined up that whenever i graduate the pay goes up a lot like 65 000 okay and uh so i have some family and friends tell me that i should sell this double wide but if i sell the double wide and get a house would it be better to move the double wide, but if I sell the double wide and get a house, would it be better to move the double wide whenever I graduate and get this new job, or would it be better to sell the double wide and then go buy a house? You pay the double wide off, correct? Yeah, the double wide's paid off. Okay, well, how much would a house be in this area that you're going to have your job? A house that you would... much a lot more like 150 200 000 something like that because

the cost of living is insane compared to where i'm so you'll have to forgive me i know nothing about double wise here's a no shockingly but uh It's losing value every day that you live in it, but it's also paid off. It's also paid off. So my question is, do you have to buy a parcel of land, I'm assuming, to park said double wide on? I'm assuming that's the case. Okay, yeah. So I would have to buy any kind of piece of property, but the cost to take the double wide over there would probably be around $8,000. And to set everything up, around $12,000 altogether, including the price of the volume.

So probably like $30,000, $35,000, something like that. So Chris, here's what I'm doing if I'm you. I would sell that thing. I would take the stupid tax loss. You'll learn a good lesson to not buy homes with wheels on them. And I would go rent an apartment and call it good, go make a whole bunch of money until I could put 10% to 20% down on a house. Exactly. And I would head that route. Yeah.

You don't need to buy a house. Congrats on this work that you're getting as a result of hustling. I agree. Let's get out of the double-wide. Let's cut our losses and rent for a while. It's not a sin to rent. No. And you're going to get a chunk of money. Put that money

into a money market account and just sit on it. You don't need to go bananas with it. Just hold it until you've got enough money until you find a place in this new area where you're going to live. The housing market may correct itself. It may just keep on. Who knows, man? We're making that up as we go.

But you don't have to do anything now. You feel this pressure. I got this new job, so I've got to do it. You don't. You don't. Just go move in, get a job, get a one-bedroom apartment. Live cheap, man. You are on your own. Wow. You know what he didn't ask? Huh? I regret this. I wonder if he had a Redwood

deck on it. That's in a country song somewhere. I can't pull the song right now. Maybe a Sammy Kershaw song. You know what I'm talking about? You don't, Texas boy? You really don't know? No, you lost me at Red Deck. Do you know who Sammy Kershaw is?

I do not. Wow. James? You're Mr. Music? He quizzes me on his show for music stuff and gives me a hard time for not knowing, so I have no sympathy for him right now. That's awesome. I think the most stunning revelation from that

last caller was that you don't know anything about trailer at homes look at that that was above my pay grade I was looking at

James for some help thought he might fire something away on the screen like I didn't know if you I assumed you had to have land for it yeah

you can't just there's not like a rental spot oh you can't do that oh you can yeah you can move it into a special place I bet that gets kind of

pricey though it can that's right look at us all learning new things what would you do if I bought your double wide. Oh, you can do that. Yeah, you can move it into a special place. I bet that gets kind of pricey, though. It can, that's right. Look at us all learning new things. What would you do if I bought a double wide? I would rent one of the rooms. Hey, another hour in the books, good folks. Thanks for joining us. We'll be right back dose of Ramsey advice in their life?

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