The Ramsey Show - App - Pursue Your Passion in a Way That Is Wise (Hour 3)

Episode Date: April 9, 2020

Dr. John Delony, Debt Tools to get you started:  Debt Calculator: http://bit.ly/2QIoSPV Insurance Coverage Checkup: http://bit.ly/2BrqEuo Complete Guide to Budgeting: http://bit.ly/2QEyonc Interview Guide: http://bit.ly/2BuGnZE Check out other podcasts in the Ramsey Network: http://bit.ly/2JgzaQR 

🎵 Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, it's the Dave Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. Dr. John Deloney, Ramsey personality, is here to answer your questions along with me this hour. The phone number is 888-825-5225. If you've never heard Dr. D, he's here to help you with issues around, why don't you tell them what you're here to help with?

That would be easier than me saying it. I like to think I help people with relational IQ. We're just in a time when we don't like to look ourselves in the mirror. We don't have good relationships with ourselves. We have challenges with relationships with our kids and with our spouses and our girlfriends and boyfriends and our bosses. And that ability to have good relationships with everybody impacts everything, this idea of connection.

Yeah, absolutely. Open phones at 888-825-5225. You want to jump in on that? You want to work on relational IQ? Yours or somebody else's, either one. That would work as well. And we'll certainly take your questions about anything you want to talk about. This is a time right now that the anxiety seems to have subsided somewhat,

but there's certainly a lot of people still very afraid of COVID-19, coronavirus, very afraid of losing their jobs, losing their businesses, losing their livelihoods, and all the things then associated with money that they don't have in some cases. It looks like we're probably going to be upward of 15, 16 million people unemployed as of this week. And that's a lot of folks that have lost the work. And, you know, they're asking two questions. One, where am I going to work next? Or how fast can I get back to work?

Translation, how fast does this economy go back to work? And of course, that's in a natural tension with the unnatural tension with the coronavirus cases and that curve as to what the when the policymakers, you know, weigh these two things against each other and make the decisions. So it is official. The cure is worse than the virus. It has affected more lives statistically. Now, I understand that I don't want anybody to be sick, and I'm not trying to say death is a good thing. I'm not that guy.

I'm not trying to be cold. cold, but I mean, you know, we're talking about 400,000 cases versus 15 million jobs. That's a lot of jobs. And that's a lot, you know, families affected by far, you know, more, obviously. What is that, a factor of 50x, roughly roughly to about 50 jobs per case of corona. A few weeks ago it was 100. So that means that both of them are growing exponentially but at different exponents. So anyway, a lot of people got questions because of all those things, and we're here to help you.

The phone number is 888-825-5225. We do know it's going to be okay. We just don't know how bumpy it's going to be between now and okay. Andrea is with us in Colorado. Andrea, your question for Dr. D and me. Hi, thank you for taking my call. Sure, what's up? My husband and I are considering a job move for him.

I stay at home with our two kids. The job that he's looking into is a federal job, which would require a lot of moves depending on when they choose to move us throughout the country or sometimes even sending him out of the country to work while I stay home with our kiddos and very last minute. My question for Dr. D is what do you think the pros and cons are of moving kids very often, especially at a young age? So my oldest is eight and my youngest is almost three. That's a great question and one I've wrestled with personally in my own life. So I was,

I'll say it was fortunate because it was my childhood. I lived in the same childhood home up until I left for college. And then in fact, I would come visit. And so my parents didn't move from my childhood home until after I left college. And at the time I considered that one of the greatest gifts they could have ever given me was that idea of stability. I had the same friends. I still have the same friends, up and down, right? So I've still got the same friends that I grew up with. The other side of that is I've got two young kids. I've got a 10-year-old and a 4-year-old, so I'm similar ages here. And my son, I remember looking up and realizing that by the time he was five, he had moved more times. By the time he was five than I had when I was 30.

I was going to grad school. I worked at this job. I moved to this house. I rented this house. And so what he's got that I didn't have is he's got a resiliency. He has less long-term friends, for good and for bad, but he's got a resiliency. He's got an ability to move in and out of social situations that I didn't have. And so I think it's important to remember that we project our image of a childhood on our kids and they know what they know. And so their experience,

if y'all take this job, will be one that they got to see and meet a lot of new people and have a lot of neat new experiences and learn how to move in and out of social situations. And if you choose not to, and you stay in the same place for 30 years, then they'll be able to develop some deep roots there. And so they're going to take their cues from you. I'm sensing some hesitation on your part as to whether you want to do this job. And it sounds almost like you're wondering about their experience to help justify yours. Am I right? Yeah, very much so. So tell me what your hesitation is to jump onto this. So my husband and we are both the last of four children in our families,

and both of our families moved around a lot. But because we were the youngest ones, we got to have deeper roots by the time that we were the youngest ones, um, we got to have, um, deeper roots by the time that we were growing up where our older siblings, um, they, they definitely struggled with, like you said, those deep roots. And I worry about doing that to my kids. Um, because right now where we live, all his family is here. They're all about the same age. All of the kids are the same age, so they have cousins. I'm afraid to leave that for them, and I don't know how they'll handle that.

It sounds like you're afraid to leave that for you too, though. Is that right? Yeah, yeah. I would say that. It sounds less a conversation that at this stage stage of the game i would focus less on projecting into what their experience may be 5 10 20 30 years down the road and it sounds like you and your husband need to have a conversation about is this right for us too i don't even know if fear is the right word it's just that you value having everyone around you value the connectivity you value the stability it's a value of yours there go. That's a better that's a better word. And I think it's okay to just call that out and say that means a lot to me. I'll give you again, John used a personal example. I, you know, I value living where I

live in Nashville, Franklin, Tennessee, outside of Nashville. And we were told early on 20 years ago that this radio show would never be a national hit unless I moved to L.A. or New York. And I was willing to hit all the TV shows and do the radio show from there and all that kind of thing. And I like L.A. and New York for about three days. And after that, I'm ready to come home. If you want to live there, it's fine. It's just I don't. And so my value, I valued being in the community that i grew up in and i value now

i mean this is the type of people the type of environment i want to be in and so we made our home here and and worked out all right and then we worked it out you know and they were wrong that i didn't have to do that to be a big radio guy so uh you know i i think it's just okay to have that discussion with your husband. I value this, and I may value it more than your career. I get asked all the time about what people need to do to improve their family's money situation. Two of the most overlooked things are term life insurance and disability insurance. Both plans make sure that you have income to pay bills and take care of yourself and your family

if something were to happen. For term life, you need to carry 10 to 12 times your income, and I recommend 15 or 20-year plans for most families. Stay away from cash value or return of premium plans. They're just a ripoff. Disability insurance is just as critical. How are you going to pay your bills if you're unable to work? Disability is the leading cause of bankruptcies and foreclosures, and that's why I send you to Zander Insurance. They've been helping my listeners find the right plans at the lowest cost for almost 20 years. Call 800-356-1780 or visit zander.com and compare online. That's 800-356-1780 or zander.com. May is with us. May's in Florida welcome to the dave ramsey show may

hi may hi may how are you bye may uh daryl is with us in new york hi daryl how are you hey hi how you doing dave better than than I deserve, man. Your question for Dr. D and me. Yes, I'm a new listener of yours, and I'm a big fan. I wish I got started, you know, years ago. But my question is, I'm 35, and I have an outrageous student loan of $163,000, $160,000, $577, and I just don't know what to do. Like, I just feel stuck. I have no other bills.

I mean, no other loans, no card, no nothing, no credit cards. Okay. What's your degree in? I graduated with a degree in exercise science. I'm a personal trainer. Okay. So what's your household income? Make about $29,112.

Okay. What are we going to do to get your income up, way up? Since you spent $163,000 to get this degree, we need to earn more with it. Yeah. And I just don't know what else to do. I just started the Step 1, and I'm almost to $1,000, but I just feel like every time I get paid, I have to pay something. Yeah.

Well, you live in New York, and you make $29,000. You're starving to death. Yeah. Plus or minus $163,000 in student loans, right? I mean, if you had no loans, you got no picnic here. So we got to do something with your career, man. So what do people with exercise science do that makes a lot more money than what you're doing? Honestly, a lot of people either are exercise

physiologists where they work in a clinical setting. I wanted to do more personal training, so I guess I have my own brand that I'm trying to get started to get some more revenue in, and that's just the best product that I could think of. So what does someone in a clinical situation situation what kind of money do they make i'm really honestly i'm not sure i would guess 50 if that okay well i do know from 29 000 a year that you're not uh working you're not staying busy okay as a trainer you're not working to where you're exhausted every day not even close you could you could take on a whole lot more clients agreed agree well right now see i'm from i'm from new york but i'm in west virginia

that's where i went to school and i work from 12 to 9 every day. 12 noon to 9 at night? Yeah. What are you charging per hour? Six bucks? Must be the cheapest. No, I make about 14. Okay.

Well, here's the thing. There's two sides to the equation, the income side and the outgo side. And I'm not sure I'm going to have all the answers for you today on the income side, but I do know you have to fix that because that's where your problem is mathematically. Okay. Okay, which means we have to reset how we're thinking about your career because I truly want you to make $129,000, and you're going to have to have a different model than you've

got now to do that. I don't know whether it's day job at the clinic for $50,000 plus, $29,000 worth of training, and you do a lot better charging by the hour on your training, and you become self-employed on your training instead of working for somebody else at $14 because you're getting slayed there. And again, don't take this as a put-down down i'm just trying to help you with the math i'm not saying you're a bad guy i'm not saying you're lazy i'm not saying you're dumb or you did something wrong we've just got we have to do something to get your income up because you have an income

crisis uh and thus the student loans look hopeless because i don't know, you know, if you pay $10 a year on them, you're not going to make it, you know. So we've got to do something to considerably change your whole paradigm on that. Let me give you a copy of Ken Coleman's book, The Proximity Principle. Dive in on his website, The Ken Coleman Show or kencoleman.com, and start to learn some of his career direction that he gives folks and help with that because that's where the math problem is for you, man. I'm honored to have you as a new listener. You call me anytime.

I'll help you any way I can, but that's what I'm seeing where you are today. You're going to have to change that. It may take you a little time, but, you know, you don't want to be sitting where you're sitting 10 years from now. You will not have made much progress good question open phones at 888-825-5225 john you spent all this time in higher ed um i know what that call does inside my stomach what's it do inside yours when a guy spends that kind of money to get a degree to make that kind of money and just breaks my heart it's just a breakdown of it's a breakdown

of all from start to finish i mean i'm talking quieter now i i hate those calls i hate those hearts i've had those conversations for years it just breaks my heart it's the idea people get a picture in their head of what they're they you know get quote unquote passionate about a thing and that overrides their ability to think what's this job going to look like what's the day-to-day grind of this job going to look like what's the realities of what this job is going to pay versus what i'm spending to get the degree what am i what what what parts of my soul am i putting on the line that i'm gonna have to pay back for a long time right and yeah it just breaks my heart.

Because you get a situation now where I think college and universities is a good thing. And right now with his current economic situation, he's worse off. You can go make $14 an hour flipping burgers anywhere. He is worse off for having been through this experience financially. And so if you will use some of the things that he learned and start making connections that Ken talks about, I'm glad he found you. I'm glad he's making the phone call. But, man, that just gets me fired up inside.

It hurts. Well, and the lesson for our listeners is this. Get Anthony's book for your teenager, Debt-Free Degree, and be thinking about a couple things. Obviously, you don't go into debt for the degree. Not picking on him. He's just what everybody does in America.

No, I mean, that's right. But when a guy like that calls the show, for the rest of you listening, that's a message to you when you've got a 14-year-old that says, don't let him do that. And so I'm going to get a degree that is going to give me a return on investment, meaning I'm going to get a degree that is a marketable job that is going to pay me considerably more because I got the degree than I would have made without the degree. And it's going to put me in contact with experiences and with mentors and with job prospects that I wouldn't have been able to have had I not had that route. The other thing he mentioned is he's 35. And I've seen this a lot

throughout my higher ed career, which is someone gets to be 26, 27, 28, and they don't like their trajectory. And so they kind of invent this future for themselves. And they decide that this is the only way through it. And they take on an extraordinary amount of loans and they decide that this is the only way through it, and they take on an extraordinary amount of loans, and they get dead set on one thing, and they get out, and now they're 35, and they own this kind of money. Well, I'll tell you where it happens the most is when you're thinking with your heart. And they're sweet people, kind people, compassionate people, and they want to help in some area, and they don't stop and do the math with it.

So another example of that is uh i'm going to be a social worker so i spent 250 000 my undergrad and my master's in social work in order to get licensed to make 38 000 working for the state now that's dumber than a rock that's right but that's your heart being huge and overriding your brain, your brain and wanting to help. And you're not making good choices in. And there's nobody in your life that says, no, don't do that. That's stupid. And so moms and dads, you got to if you got a kid that's on that track, you know, we'll just live your passion. Horse crap. You know, no, you don't want to live your passion, live your dream. You turn your dream

into a nightmare when you do it wrong and so uh yeah you can live your passion but you need to do it in a way that's wise responsible in a way that's intelligent where the 30 year old version of you doesn't hate the 18 year old version of you i had a great counseling professor that said she said you cannot honorably and with dignity take care of clients if you're worried about paying your bills. You can't bring your full self to that. Wow. That's harsh. She was right.

She was right. Dr. John Deloney joins me this hour. This is the Dave Ramsey Show. We'll be right back. Folks, I love telling you about well-made, well-thought-out products. Today, I'm talking about Grip6 belts. I don't know about you, but I'm not a fan of traditional belts. They never fit right, and they're uncomfortable. Grip6 belts are unique. Owner BJ designed a truly modern, minimalist belt made of high-quality materials with no holes, no flap, and no bulk. And the buckles come in really cool designs and are interchangeable.

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This is the Dave Ramsey Show. You jump in, we'll talk about your life and your money. Well, there's a couple things we published out there on my Instagram and a couple of other places you can pick this list up. Some do's and don'ts. What should I do if I was laid off or furloughed or if my income is really unstable, real sketchy? Do pause all your baby steps, including your debt snowball. Pile up money. Do make sure your four walls, food, utilities, shelter, transportation, and that order are covered.

Pile up cash as high as you can pile up cash. Do only make minimum payments if you even make them. Do cut all unnecessary spending from your budget, which is almost all of it, by the way. Needs versus wants. You have very few needs. You have a lot of wants. Do look for part-time jobs. Tractor Supply is hiring.

Amazon is hiring. Every pizza place is hiring. every grocery store is hiring, FedEx is hiring, UPS is hiring. There's lots of stuff you can do to make money. And, you know, you may have to put your pride aside a little bit, but you can keep food on your family's table. Do create money. Do use any stimulus money to cover your four walls

and then toss anything left over over into the emergency fund. Do not take out a payday loan. Do not take out a HELOC loan. Do not stop paying your mortgage and kick it down the road on a forbearance and in four months from now you have a bankruptcy facing because you cannot come up with the four payments that you stacked up with this forbearance. It is not a blessing. It's a curse. Be careful with it. Do not cash out your 401k unless you're facing a foreclosure or bankruptcy.

And if it's due to the coronavirus, you're facing neither because it's a month old. Foreclosures don't happen for six months. You shouldn't be six months behind right now due to the coronavirus. It's logistically impossible. You should not be facing bankruptcy because of the coronavirus today. Now, it may catch up with you, and it may put you in a tailspin and get you later, but today you don't cash out your 401K for that. Do file for unemployment.

Do keep working. Do file for state government employment benefits, anything you've got. Now, if your income is stable, then you might do something different. We use the example of what if maybe the husband works for FedEx, maybe the wife's a teacher and they're being paid. They're home, the school's closed, but they're being paid. Well, then do keep right on working your baby steps. Do keep your bills on time.

Your reality, your facts are your life is not disturbed. And so don't disturb it because there's a hurricane outside. You're inside and it's safe. And so do not pause your debt snowball. Do not cash out your 401K because the stock market came down. Do not stop paying your mortgage. Do not skip payments on the student loans because they're deferring the interest. Use that deferred interest as the savings from that to accelerate the payoff of the student loan, and so on. So there's some do's and don'ts. You can find that on our Instagram page. You can find it a lot of

different places. There's a lot of different places there's a lot of things people are asking about it's almost an faq for corona crisis right and uh corona shut down and uh it's not an faq about the medical because we don't know anything about the medical uh we're just frustrated that the medical people can't seem to get their models right they don't seem to know anything about the medical but other than that we're all just watching from the outside going, what? Okay. May is next. May, we're going to try to get her again, is in Florida.

Hi, May. How are you? Hi. I'm doing so well. Thank you so much for picking my call again. Sure. So how can we help? So I've been listening to your show for about three years now.

I'm an international student, and I came from outside the country. And for three years, I started this baby savings where I save about $50 every single week. And by the end of this year, I should have about $8,000. And I'm planning to use that to get a car because I'm in nursing school and I'm about to graduate. I am thinking about going to graduate school, and I'm not sure if it's going to be worth it because I have just one year with my student visa to work in the ICU. The job that I'm planning on getting, it only guarantees that I'll be getting an annual pay of $50,000 a year but I checked the DNP for the nurse anesthesia program and the tuition and everything costs about a hundred

thousand dollars so that's about twice that amount and I'm just contemplating if it's worth getting a credit card to get into debt to go to school. No. Because at this point I do not have any student loans. I made sure that I got scholarships to cover everything and a job to cover anything I had to cover in school. To start with, thank you for your chosen profession. Certainly the world needs great nurses right now and we appreciate uh the the

things that you and the folks in your profession are doing it's absolutely incredible so um now i one thing if you were a traditional american student i can answer the questions hands down but i need to get a handle on you are going to after you've been working for one you're going to graduate get your nursing degree get your pass your bars and go to work for one year in america and then what happens and then i would have to go back to school and i'm planning on entering um a nurse anesthesia program right you have to go back to school or you have to leave the country yes you can only work one year? Yes. Okay.

Now, after you finish anesthesia, can you stay? Yes, some of the hospitals would let me stay by filing for me. Okay, then go to work for a hospital that will pay for your degree. It's hard to find one like that. No. And a full gpa and it's it's so hard so what i would tell you is my experience working with graduate students in your situation is they they get to the united states they get into the system they become extraordinary students and extraordinary contributors to their classroom and then they are faced in the exact moment you're faced with. I would be surprised if you can't find a hospital that would sponsor your visa right now, as desperate as people are for nurses.

I understand that the nurse anesthesia position is going to be one that may have a little bit higher prestige to it. I would be stunned if you can't find a hospital, maybe not in the city or town you want to be in, but that wouldn't sponsor your visa. But I also have worked with a number of students who do what you do and basically punt the inevitable on a hope that a graduate degree might make them more likely to get sponsorship. And that is a scary, scary gamble. I think you get the job with the hospital. They sponsor your visa, and they pay for your graduate school. It may take you a little time. It may take some extra searching. It may take moving to a community that wasn't your first choice.

But nursing is a wonderful career. Nurse anesthetists make a ton of money and it's a wonderful career. So I would want to keep that on the table as something in front of you. It does not have to happen in one year if you get a sponsor and but i've i've worked with international students who have gone into six figures of graduate school debt and they're still faced with two bad decisions right they've got to leave the country and they've got the debt got this debt yeah and now they've got to try to it's a mess in in In another country, try to get that debt paid. Oh, no, I wouldn't do that at all.

No, do not go into debt. That's the answer to your question. And if that slows down when you do your graduate studies, so be it. But Mae's a scrapper. She's put money in a jar. $8,000 for a dad-dumb car. Come on, man. What a stud.

You've done incredible. You're going to work this out. This is incredible. Grind and find a hospital that will sponsor you right now. We need nurses. They're out there. And I think they'll pay for your anesthesia school, too. I really do.

I think you can find that. Listen, I've been doing this show for 30 years. I've never found a time that there wasn't a shortage of nurses. And in 30 years, you've always been able to get work. Now, some of them don't like exactly the work that's in front of them, but I get that. But there was always work. And it was always a good return on having studied nursing. It's a steady field.

It's a field where there's lots of jobs. It's a field where you get to care and love your fellow man. We're not getting less sick anytime soon. Apparently. There's a rumor going around about that. There's a rumor going around. This is the Dave Ramsey Show. business leaders make your life easier with fresh books whether you're starting a business or you've been at it a long time, FreshBooks is one of the smartest decisions you'll make this year. FreshBooks is an accounting

software designed for people like you that lets you do the things like automate your invoicing and your online payments so you get more time to work on your business. Try FreshBooks for 30 days free at freshbooks.com slash Dave Ramsey. Our scripture today, John 3.16. For God so loved the world that he gave his only son that whoever believes in him

shall not perish, but have eternal life. Martin Luther said, Our Lord has written the promise of resurrection, not in the books alone, but in every leaf in springtime. Going to be the weirdest Easter in over a hundred years, probably. the weirdest Easter in over 100 years, probably.

The weirdest Easter. And yet there may be more people attend church online than would have attended otherwise. I mean, we may have record church attendance in the weirdest Easter weekend ever. Wow. Very interesting that Easter falls in the middle of all this stuff. Very interesting. It's a good moment for us to find out what we really think is important, what we believe.

Yeah. Yeah, it's a big deal. If you're stuck, we started about 20 days ago, 18 days ago, something like that, with a free 14-day trial. We're still doing it. I don't know how much longer we're going to do this. I'll go ahead and warn you. So let your friends and relatives know that they can take Financial Peace University

for 14 days for free. There's nine lessons. You could watch them all the way through, get the information. Spoiler alert, the lessons are not the secret sauce. The secret sauce is your behavior changes because you hang out in a community that holds you accountable and encourages you. And we've got plenty of community there at Financial Peace as well and plenty of coaches answering questions.

And certainly the world's best budgeting app, EveryDollar. All of that is free for a 14-day free trial. And you can get in there and see if this is something that's going to work for you. It has worked for well over 6 million people. And so we invite you to check this out. You can go to DaveRamsey.com slash hope. There's all kinds of things there for you to be able to do. There's all kinds of things there for you to take advantage of while you're at home.

So we've got a Facebook question in, John. Frank from Facebook asks, I just lost my job due to coronavirus cutbacks. Single income family, just lost $100,000 a year, still in baby step two. We have six kids. What do we want to tell our, what do we tell our kids? And here's what I would tell you, Frank. The first thing is, you may have thought you were a hero because you made $100,000 and you were kind of being the rock star to your six kids. This is the moment. This is the moment when you get to be a hero for your kids. This is the moment when you get to 20 years from now, 30 years from now, they're going to tell the story of the time dad lost his great job.

And he started delivering pizzas and he started working for uh some sort of delivery service and got us through this weird time and so when i tell people that what do you tell your kids tell them the truth um you tell them and i'm gonna tell that truth to my four-year-old differently than i'm gonna tell it to my 10-year-old um rachel cruz has a great share don't scare right be honest they can feel the tension on you kids can can. And more importantly here, you made a hundred thousand dollars a year. This isn't a death sentence for you. This isn't the end of the story for you. So I think you make sure that you pass along the optimism and the joy to your kids. You'd be honest with them. You give them the plan that y'all are working every day and you tell them the truth. What do you think, Dave?

No, that's it. Yeah, and age appropriately what you share. Four-year-olds don't understand the word foreclosure. Nope. And foreclosure is not happening except in your mind right now. And the good news is once you've made $100,000 a year, there's a high gravitational pull to pull you back to making $100,000 a year again. I just don't know exactly when. It'll be when America goes back to work, and it will be when your job and jobs like you used to have light up,

and does that one come back and they want you back, or you may end up making $150,000 because they may be looking for people just like you. So this too shall pass, but in the interim you get to be the hero. And these are legacy moments. Not making $100,000 a year, kids don't understand. This is a legacy moment. but in the interim you get to be the hero and these are legacy moments not making a hundred thousand dollars a year kids don't kids don't understand this is a legacy moment this is when you get to show your children who a leader is who a dad is when things get sideways yeah this is the more is caught than taught they're gonna they're gonna they're gonna take a lesson in character

from you during this time and uh i wish i could say i always passed that test i flunked it a time or two i flunked it off as a dad but uh there's also times that i passed it um and you know i just went and got stuff done and you know the kids didn't even know you know what we went through uh and age appropriately right and so there's no reason to scare go get them frank go get them frank you got it man matthew is in texas hey matthew how are you good how are you guys doing outstanding what's up ending my week with a texan there you go hey i have a quick question for you i'll get straight to the point so me and my wife are about $35,000 in debt.

We just started Baby Step 2. And I'm in the medical industry and sales. So my job is pretty, it's good right now, not in any jeopardy. My wife is a teacher. She's kind of burnt out on her job. So two questions. She was going to quit her job and look for another one when the school year is over with. Try and decide if that's a good idea right now with the uncertainty of the economy and the job market. And right now, should we continue Baby Step 2 because we're going to take our stimulus checks and pay off debt and credit cards and things like that? Yeah, your jobs are stable. I would continue on Baby Steps 2.

And just reverse the order don't quit your job and then look for one look for one and get it and then quit okay there's no downside to that okay yeah that's good good thank you and matthew i i'm gonna tell you i've got the good fortune of being married to a dr sheila deloney and her expertise is in serving teachers, especially teachers who are exhausted or burnt out. That's a difficult, challenging job that many of us underestimated. When I was a high school teacher, I underestimated.

Not the ones that are homeschooling at home right now. They no longer underestimate the teachers right now. But there are teacher coaches out there. There are programs to help with teacher renewal. And so before anybody quit such a noble profession, I would strongly recommend it. And I know folks in Texas. So Texas has got some great folks here. I would strongly recommend that she get involved with a group that could help coach her through this season,

to get her the training she needs, the renewal she needs. It's a hard profession. It's one that never stops especially during the school year but before she gives on it we need more good teachers out there especially when this thing's over and i hate to lose them so i'd love to see her invest in herself before she goes and looks at something else yeah it can be i know about that resource yeah here's the thing too ken coleman talks about this all the time it can be you're doing the right thing at the wrong place. It could be that the leadership team in the school she's in is toxic. The parental structure in the neighborhood where she is is toxic.

I mean, I've got a friend that's a teacher, and she teaches in a wealthy area. And she just, the toxic helicopter parents have driven her to the edge of the cliff. And she's just these wealthy parents who want to come and tell everybody every little thing what to do. And they helicopter in any time you do any kind of discipline or anything. And she just had it. And so, you know, it's not that she doesn't need to teach. She just doesn't want to teach there anymore. So change it.

Change the location you're doing it. That's the other thing. But land the job before you just quit. Run out the door with your hair on fire. And land a job based on some coaching that John was talking about to help you select the right job so you're not jumping out of the frying pan into the fire then. And I'm hoping that this has been a great wake-up call for our country and the hard work those teachers do every day all over the place in all different kinds of schools.

Moms and dads who had kids in classrooms who have become forced, they've been voluntold that they're going to be homeschool teachers right now. They now know it wasn't the teacher's fault. It's your kids, mom and dads, and you know it. You know it. Some of you owe your kid's teacher an apology. My parents were old school, man. They said if there's a problem in the classroom, it's automatically your fault. It's always my fault.

It's always my fault. I was like, it's them and the teacher against me. And they were right. It was my fault. It never took my side. America, we got what we asked for. Automatically assumed that I was the cause. That's what we asked for.

That was the cause, and they were right. That's right. Hey, happy Easter, Dave. Have a great weekend. Happy Easter to you, John. Happy Easter, America. He is risen. He is risen.

You guys enjoy your weekend with your family. Stay connected out there. Stay calm. Be kind. Be kind and stay calm. Thanks to James Childs, our producer, Zach Bennett, our associate producer and phone screener. I am Dave Ramsey, your host. We'll be back with you before you know it.

In the meantime, remember, there's ultimately only one way to financial peace, and that's to walk daily with the Prince of Peace, Christ Jesus. In the middle of these uncertain times, Ramsey Solutions wants to give you some hope. For the very first time ever, we're giving you Financial Peace University free for 14 days. Go to DaveRamsey.com slash hope so you can watch from home.