The Ramsey Show - App - Quit Running Around With Broke People (Hour 3)

Episode Date: March 6, 2024

🎵 Live from the headquarters of Ramsey Solutions, this is The Ramsey Show, where we help people build wealth, do work that they love, and create actual amazing relationships. Ken Coleman, Ramsey personality, host of the Ken Coleman Show, and number one best-selling author of the book Paycheck to Purpose, is my co-host today. Thank you for joining us. The phone number is 888-825-5225. That's 888-825-5225. Sarah starts this hour in Baltimore. Hi, Sarah, welcome to the Ramsey Show. Hi, how are you?

Better than I deserve. What's up? So my best friend had recommended that I give the show a call. Going through kind of a hard time. I lost both my parents. My dad passed in November and my mom

most recently at the end of January. Oh my goodness. Yeah. I'm so sorry. How old were they? So my dad was 70 and my mom was 62. So unrelated events, I take it. I guess unrelated. My dad was very unexpected, but my mom didn't do well once my dad had passed. Yeah, broken heart.

Wow. They were married forever, I bet. Yeah, over 40 years. So it was a long time for them. I'm so sorry. How old are you? I'm 34. Okay.

How can we help, darling? So I'm trying to give a call in because I've been trying to find some advice on how to protect myself financially during this time. They didn't have life insurance. They didn't leave a will. And all they had left was our family home. However, I had found out after their passing by going through their phone record, um, that my mom was in a bankruptcy. Um, so now that she's passed, um, I believe that the bank will go for her house. I'm trying to figure out what my best option is to protect myself, but also protect the equity in the house.

You personally are not at risk at all. Okay. People do not inherit their parents' debt. Right. So the only thing that's at risk here is the house, and what's the best and wisest thing you can do on that let's talk about that for a minute but there no one's coming after sarah you understand that okay okay you're completely clear so this is more of a horribly

tragic sad thing so your mom had filed a bankruptcy. What will happen there, and you can check with an attorney to verify this, is the creditor, which is the bank, will file for a dismissal of the bankruptcy because the person has passed away. That will be granted. Then the bankruptcy protection that prevents foreclosure will be removed, allowing them to foreclose to take the house. That's what's going to happen. It will take a while, so we don't need to panic. This is going to be a long, drawn-out affair if you want to fool with it. Now, what's the home worth? The home worth is between $330,000 and $450,000.

That's a pretty broad range. Right. What do you really think it's actually worth? I think it's probably only worth around $350,000 because it's not in the basket. Let's use that as our number for discussion right now. What is owed against the house? They have two mortgages, one for $168,000 and one for $33,000. Okay, so we've got $200,000 owed with $150,000 worth of equity.

Are you the sole heir? I am not. I have a sibling. However, my sibling will be signing over rights so that I handle the affairs. Okay. All right. Well, I mean, without just let me cut to the chase. You've got a good option here long before they get it to foreclosure.

Where is the home? What state? In New Jersey. Okay. All right. the home what state in new jersey okay all right you can check new jersey law but i suspect it will take them three to six months to foreclose once they've gotten relief from the bankruptcy court which is probably going to take them three months you might have a year but you definitely got probably i'll give you a 98% chance you got six months.

Okay. That's a long time. Agreed? Right. Okay. Do they have, did your mom and dad have other debt? He had a, he was a cab driver in the city, so he was paying off a medallion. Is the medallion an asset that you can sell that's what i'm working with right now to figure out if i can sell it but they had depreciated in value greatly because of covid

and because of uber and lyft so they're not so what is owed on the medallion another 168 000 okay so here the principle is this when you pass away what you own assets has to stand good for what you owe if there's not enough if you don't own enough to pay everything you owe, then someone doesn't get paid, but the debt does not go to Sarah. Okay. All right. So what I think I just heard is you have a $200,000 equity, maybe. You're going to have some legal fees if you want to go through all this stuff. Okay. And out of that $200 that 200 000 the medallion

has to be paid off if it can't be sold and so it sounds like there's nothing here unless the medallion has unless the medallion has value basically my question like do i fight for this no do i leave it um right i'd toss them i'd toss them the keys unless the if the medallion has a hundred thousand dollar value and you can sell it i don't know i don't have any idea i've never done that before okay so you got to do a little work on the medallion but if the medallion whatever the medallion is worth is about what you're going to end up putting in your pocket okay if you sell so if you sold the house for 350 and you paid off the medallion and it was worth zero and you paid off the mortgages you got nothing so it's not worth the trouble does that

make sense it makes sense okay because the other advice i was given was to claim a bankruptcy for myself no by a lawyer and i thought you're not in debt whoever told you that stay away from them they're not smart and it sounded absurd to me to change myself and make my life harder it's also not right no right so now um but i i really want i think the hope in the story as far as actually getting something out of this estate is is if the is if the medallion has some value. Hey, Ken, hit the thing, while we're talking here. Ken's going to look it up. Just Google it.

Can you sell a medallion? I don't even know. I mean, I know what they are. I've talked to cab drivers enough in New York City, and over the years, 30 years ago. I don't even know what it is. It's like a little badge that goes on the cab that gives them the right to be a cab driver.

It's a license to be a cab driver. It says it's transferable by law and can be resold. It can be, I know. But do they have any value? Yeah, you got to talk to a broker is what it's saying here. Google's no help. Well, here it is, $137,000. Low point, $79,000.

High point, $137,000. If you can get $100,000 out of it, $79,000. High point, $137,000. If you can get $100,000 out of it, kiddo, you may have something here. So whatever you can get out of that medallion is probably what you're going to clear by the time you sell the house and the medallion. Ken Coleman, Ramsey Personalities, my co-host today. Ken, I am really excited about this Total Money Makeover weekend. Me too. That all the personalities, you, me, and the rest of them, are going to be doing May 10th and 11th. And one weekend, you're going to get a crash course on everything we teach about money. All new content.

Deloney Coleman will be speaking. Of course, Rachel and Jade and George and me. Everybody will be there. Eddie will be our uh our master of ceremonies of course and um it's going to start on friday afternoon friday evening a matter of fact if you come a little bit early friday afternoon you can watch us do the show live here on the glass we do it every day from one to four and then we'll have a uh things at the event center that night i'll be speaking and some other things and then all day saturday it's may 10th and 11th we're going to give you everything you need to get your crap

together and get moving on this money stuff and you're going to see the whole thing when you see it all in one place like that in one short-term setting it becomes like a retreat for money like a mountaintop experience absolutely right we're all excited about we've all been talking about we got some fun stuff planned jade and i are gonna do something fun and i i get to be kind of the she's got the expert thing we've done a lot of fun stuff on the show i don't know if you've heard about it's doing very well where jade will come in and go through a little grocery budget thing and i get to be the straight stooge just eating the food and it's really quite fun i get to eat on the air and sample is the generic product better than the it's really oh yeah i heard about that it's right

and uh you keep picking the generic products what i heard it's true your your taste is cheap that's what i am no tastemaker let's make that very clear that has been obvious uh but uh we're all excited we're doing all money talks and they're going to do a lot of q and a's a lot of q and a the event center holds about 2,500 folks it's almost sold out it's not quite we've got a handful of platinum tickets left which of course are down front and backstage experiences and all that kind of stuff and then in addition to that uh you know some general admissions. So early bird pricing ends tomorrow and tickets are going up 100 bucks a piece. That's a big deal. Yeah.

So if you want to save 100 bucks a piece, two of you come in, that's 200 bucks. Five of you come in, that's 500 bucks. Yeah. If you're planning on joining us, get your tickets like today by midnight. Okay. Because they're going up and this is going to be a lot of fun. It's May 10th and 11th. You're going to be a lot of fun it's may 10th and 11th you're going to learn a lot it's very interactive a lot of experiences going on and you're going to

get the uh the greatest hits from ramsey i mean we're gonna we're gonna show you the stuff that that we love to teach and that we love to inspire with because it's transforming information it's gods and grandmas ways of handling money and doing life. So RamseySolutions.com slash events, the Total Money Makeover weekend, May 10th and 11th. Please get your tickets immediately because they're going to be gone. This is a big event. I am excited about this.

We haven't got to do anything like this in a long, long time, and I'm really pumped. It's going to be a lot of fun. Kion is with us in Atlanta. Hi, Keon. Welcome to the Ramsey Show. Hi there. Yeah, thanks for taking my call.

Sure. What's up? So, for some context, I'm 21 years old, about to be 22. I'm a student at Georgia Tech. I'm going to graduate this May in a couple months with a bachelor's degree in electrical engineering. Good for you. Awesome.

Great school, great degree. Well done. I appreciate it. The kicker is that that's going to come with about $80,000 of student loan debt. Okay. You graduate this May, did you say? Yes, yes. You already got your job lined up? Yeah, so I had an internship last summer at Texas Instruments.

I'll be returning for another internship this summer, and from there likely getting a full-time offer. Why are you doing an internship after graduation? Well, so I have an internship lined up right now because my plan was to go to grad school and get a master's degree, but after thinking about it for a while and seeing how much more debt I'd have to go into, I'm starting to think that that might not be a smart idea. Well, you can always do an adult MBA later.

That's not a big deal. And if you're not going to do that, then you need to change that internship into like a job. Yeah. You should be making six figures shouldn't you absolutely yeah i think uh um in a uh in a city with a lower cost of living i'd be looking at maybe 100k and then in somewhere in california with a higher cost of living probably 130 140 starting yeah with their taxes you won't even net out on that you're better off to take the hundred yeah and stay in you know be in Texas or Georgia or whatever.

So what are your possibilities to join with Texas Instruments as an actual employee with the relationship you already have? Well, I think it's a strong, strong chance that I'd get a full-time offer if I asked for one. I performed pretty well during my last internship and built good relationships. Okay, so you got 80K. You're used to making nothing, and you're going to be making 100,

so you're going to pay that off really, really fast. Agreed? Yeah, I agree. Absolutely. Now, my question is my parents are not great with money. They're in a boatload of debt themselves. My grandma's not great with money, and she is, I think, 76 or 77, and she still works full-time. Actually, she puts in overtime almost every week, and she's a chauffeur driver in California.

So I'm kind of worried about the rest of my family, that they're in a much deeper hole than I'll be, and they don't have really the income to support themselves. So I'm just worried about how anything that might happen to them will affect my goals, my financial goals, if I need to help them out or anything. Wow. You are an honorable, kind young man, Kion, and I would urge you to not take responsibility for your grandmother or your parents. They're grown people. Yeah. I think it's good to love them, and if they need a little bit of help and you've got a little bit of money, that's fine and later on if you're extremely wealthy and you want to give them a lot of help

that'll be your choice it'd be something you choose to do but it should not um it should not be top of mind for you right now of how you're going to take care of these grown people who have misbehaved sure yeah i mean my mom and dad they dad, they came to this country when they were in their 20s. They're from Iran. I was the first of my family that was born here. So they kind of came in and come to the credit card craze, and they have a lot of credit card debt. And my mom has student loan debt from the 80s. So it's kind of a mess over there. Yeah, I mean, George Campbell's parents are immigrants. He's first generation. George is a millionaire. To my knowledge, he does not support them. But they embraced all the American ridiculous debt, just like your mom and dad did, Keon. And he's talked about that, and they've talked about that.

And so I'm not throwing them under the bus or him under the bus. But George doesn't take them to raise either. They're grownups. And, oh, by the way, I've got a good friend who's Iranian I'm not throwing them under the bus or him under the bus. But George doesn't take them to raise either. They're grownups. And, oh, by the way, I've got a good friend who's Iranian that came about the time your parents did. He's now a billionaire because he made different choices because he is one driven son of a gun. I'll tell you that. Because you face some of that kind of oppression, and then you see American freedom.

You feel like you're set free. guy goes so you have options you know it's not they're not doomed to uh these choices just because they're first generation immigrants agreed yeah i think so i mean when i think about my future i get really excited and i agree like the student loan debt is not insurmountable like i have a good shot at it oh i think you cleaned up in probably 18 months. But here's the thing, Keon. If you feel this pressure from them or if it's self-imposed, it doesn't matter, and that excitement about your future is going to turn into resentment for the very people that you love and care about,

this is not your problem to fix. Can you help? Can you assist in multiple ways that doesn't limit you or hurt you financially? Sure. Share your heart to fix. Can you help? Can you assist in multiple ways that doesn't limit you or hurt you financially? Sure. Share your heart with them. So what I love for you to do is to be debt-free in 18 months and in another 18 months have 50 or $60,000 set aside, have a decent car, start to build your life. And in another five years, you're probably going to be close to being a millionaire because your income is going to go up and you are going to be very key and responsible the number one category of career that becomes a

millionaire in our studies is engineer i'm excited for your future and so you have a you and you and i know georgia tech and i know the quality of the education you've gotten. So you are going to do well if you'll keep your nose clean and lean in. And so I'm really excited for your future. And I want you to be in a place where you can love them well, but I don't want you to carry them on your back the rest of your life. That is not a moral or an ethical obligation of your part. So be kind and loving and compassionate and generous when you can be, but it's not your first and foremost.

It's not your number one. Well, thank you, guys. A couple months ago, we landed number one on the Apple podcast charts, and a few minutes ago, apparently, we're number five right now apple podcast charts and uh a few minutes ago apparently we're number five right now that's another great milestone and that's out of uh i think two million podcasts or so good grief in the world and so we were number one for a little while we've been number 10 12 14 15 hovering in there for several years and then we jumped up in the top 10 and and a few minutes ago we're number five five again. So very nice. Thank you, guys.

So if you guys want to help us out there, we would appreciate it. We can use your help. Here's how you can help us. Subscribe to the show. And so if you're an Apple podcaster, just hit subscribe, or a YouTuber, hit subscribe, or I don't care. I mean, Spotify, whatever it is, subscribe for it. Share the show.

If the platform that you're on has a share function, just use the share or clip the link and send it to somebody or something along those lines. Or you can just tell somebody, I don't care, whatever it is, but share us. That makes a big difference. It's like you guys are our number one marketing arm because we don't have a football stadium named after us. We didn't pay 300 million like sofa or something something like that but um i mean that that we we're just out here doing it you know so uh you can leave us a nice review with five stars and

if you got something nice to say say it if you don't don't say nothing that's what mama said so um number three oh this we need a tote board in here while dave's talking about it i'm over here doing the all right i'm I'm doing the Jerry Lewis telephone. Let's see where we're at. In the last few moments, as I was talking. So I'm really good at this, because I just moved single-handedly. You keep talking about it. I need one of those.

That's not true, because it's a podcast, and they can't possibly know I'm saying it yet. Well, we're going to see the bump after they hear it. You know what we need? We need one of those number one foam fingers. Ramsey Show number one. Every time we hit it we'll just we'll just we could get one that just says five it's like a little foam glove that'd be okay i'm good with that i don't have to be number one i mean the npr death of a thousand people murder thing or whatever is always number one right yeah it's hard to beat those yeah it's hard to beat that true crime people love your crime the bloody

true crime crime on here i could just you know we could we could do some credit card crime oh yeah cut stuff up blow some firearms and just turn this into people want violence dave let's let's give them what the people with the ar that would get there we go that get the clicks that would get clicks i could accidentally shoot the TV right here. That'd be irresponsible use of firearms. Oh, no, folks. I think we're doing okay without that, though. So maybe we don't need to resort to violence. I agree.

We don't need cheap tricks. And we don't need to upset the gun people either. The anti-gun people. Oh, I was going to say. We are gun people. Because the gun people would love to see you shoot more things. Yeah, that's true. They love to see anybody shoot anything for any reason.

It's a sickness. We could have a recurring youtube segment called dave shoots things oh god it's just something could be can you imagine the hate mail oh can you even imagine as long as they were inanimate objects well now see we just blew we just now we went from number three down to seven just like that i'm I'm sorry, America. We're still loving you, and we're going to help you. Thank you guys for sharing and subscribing and leaving five-star reviews. We appreciate you. Thank you very much. Nilo's with us in Las Vegas.

Hi, Nilo. Welcome to the Ramsey Show. Hey, how are you guys doing? Better than we deserve. We're goofballs. What's up? So I'm almost close to paying off my debt. I got a couple of thousand, like four and a half thousand.

Good for you. So I don't have any hard day. I don't have a car payment. I don't have a house. It's just loans and stuff I need to pay off. So right now in Las Vegas, the housing is ridiculous. I want to buy a house. That's my goal.

As soon as I get off debt, I want to plan for my future. So the way the market is, it's so bad right right now so i'll try to talk to my girlfriend i think it's a good idea for us just to uh invest into a trailer home like now not an old rv on wheels you pull with a pickup but like a good stationary mobile home you know i've been looking in the market there's something like twenty thousand thirty thousand so if you buy a twenty thousand dollar mobile home in five years where what do you think that's worth? I know it's going to depreciate. So why is that an investment?

Investments are supposed to go up, Nilo. Right. I guess it's not an investment. So if you turn $20,000 into $10,000, how does that help you get a house? Well, because I was thinking if I could pay it off quick enough, I'll be able to live there long enough so I can save a good chunk down payment to get my forever home. Yeah.

Run that math out for us. If I pay it off quick enough, I'll be able to save money. So you would be adding debt, and you're almost done. You're going to turn $20,000 into $10,000 so that you can have a little bit of time with no payments that's not working dude mathematically okay so i appreciate your thought pattern but yeah it's um you know and i what i love is your motivation i want to i want to be in the game that's what you're saying yeah and i love that about you what's your income what are you doing i i make i make i'm a union carpenter i make uh 42 an hour whoo come on so last year but i mean and it's off and on you know sometimes i'll work a good solid eight months and i have

like two months off last year i did about 70k nilo listen to me if you're making 70k why aren't you saving money? Yeah. Well, I've been trying to pay off debt. Oh, that's true. You got the $4,500. How much debt have you paid off and how long? I paid off about $15,000. My main debt was I bought a brand new car. $15,000 and how long?

How long did it take you to pay off $15,000? $15,000, it took me about a year and a half, almost a year. Why? You make $70,000? Right. What are you doing? I guess I'm not being smart with my money. Well, you're also not working 12 months.

You're working eight months. Can I just tell you something I want to challenge you? Nilo, listen to me. Yeah, because construction is off and on, you know. Listen, hold on a second. I want to challenge you, okay? So you need more money right now, yes or no? Yes. Yes, you do. You need more money, now, yes or no? Yes.

Yes, you do. You need more money. More money to get out of debt, more money to get an emergency fund, more money to save for a house. Now listen to me. There is a shortage of carpenters in the United States. So if you can't get some work related to being a carpenter, and you're a good one, you're making really good money. If you can't get that in Vegas, which I'm challenging you on that oh he can't he just can't get union work i get it but my point is is what else can you do outside of union work if they're not working you you can work outside the union can't you yeah yes i have a non-union company they uh my weight goes down significantly i get paid only 23 over there oh darn every time they're short of work that's better than zero four months a year.

Yeah, and not to mention, let's just talk about my father-in-law is 72 years of age, and he is busier than he's ever been in his life in a neighborhood here in Williamson County doing reno stuff. There's all kinds of money in Vegas. You should be making huge money 12 months a year. That's my challenge to you. How old are you again? I'm 24. cool well listen you have the ability the good news is you have a desire and an ambition that's good news the good news is you've already been working to get out of debt that's the good news the other good news is you

ain't afraid of hard work and you know how to make some money i think you can dial this in and make a whole lot more i believe you guys if you're really careful could double your income but you're going to really focus on it to get there and then you got to quit partying you are drinking a lot i'm not oblivious i know what i'm you're drinking all weekend man i mean you're going every happy hour. Maybe you're hitting the blackjack table. Somewhere the money's going because there is no excuse for the kind of money you're making and you got nothing. Yeah.

It's party time. Stay out of the MGM. Yeah, you're going to have to work on some stuff here, man. And you do that, all of a sudden the money's just going to start showing up because you're going to quit blowing it all. Yes. But, I mean, you're running around with a wrong crowd you're running around with broke people on the weekend and they're helping you join them so i could be wrong but i've been there myself so i might know something yeah um it's how you lose your hair i'll just tell you ahead of time but um

that's what happened that's what happened who knew yeah so anyway yeah the you you know there's a correlation between the quality of your personal habits in your life and your ability to build wealth that's right so you do those things so you and your girlfriend clean up your act and start focusing on your goals and your career goals and your income goals and then you're going to be able to build up a down payment in 24 months and buy a house without the girlfriend unless she's your wife by the way never buy a house for somebody you're not married to and please don't buy a trailer that goes down in value get control of the guy in your mirror buddy and you do that you're going to win you you got a lot of potential you're a good man

hold on we're going to put you through financial peace university our class on how to handle money we're going to show you how to do this and you call us back someday and tell us how you're winning because i jumped on your case you know this is the ramsey show our scripture of the day first timothy 2 1 and 2 i urge then first of all that petitions, prayers, intercession, and thanksgiving be made for all people, for kings and for all those in authority, that we may live peaceful and quiet lives in all godliness and holiness. Our friend Art Laffer says, it's not true that Congress spends money like a drunken sailor. Drunken sailors spend their own money. Congress spends ours

i saw him on tv the other night and i was just so happy art is just a treasure he's a gem isn't he uh let's face it taxes are confusing and if you buy what some tax services out there say you can never really get a grasp on taxes because you're dumb. Well, you're not dumb, and you can do that. You can take care of your taxes. If you've got a complicated return, go to ramseysolutions.com slash taxpros and connect with one of our tax professionals that we've vetted and have worked with and endorsed. They're Ramsey Trusted all over America. And if you've got an easy return, then you can get the Ramsey tax software.

And it's very easy to use. People are jumping to it all the time from those other people because we're not trying to sell your credit cards and everything else. We're just going to show you how to do your taxes and not a bunch of hidden fees and not a bunch of gotchas. It's a very simple process to use the Ramsey Tax software. So you can do that or you can go to one of the pros depending on your situation. Check it all out at RamseySolutions.com. Mari is with us in Tampa. Hi, Mari.

Welcome to the Ramsey Show. Hi. How are you? Thanks for having me. Sure. How can I help? So my husband and I have been married 22 years. We've got six awesome children.

Lord's really blessed us. We have always kind of lived pretty frugally. He was a teacher for most of our married life and I stayed home with our kids to homeschool them. So the last four years though things have changed. um he started having back problems he wasn't able to do uh the work he had been doing um up until then and then we got a cancer diagnosis in uh 2021 so he's been fighting that we've been going through various treatments. Four years ago when he had his back surgery, my job kind of took off. My part-time, I was doing like gig work, shopping for people. And when pandemic hit, it just blew up. And so I took advantage of that.

He stayed home with the kids to homeschool them. And last year, though, we had to put the kids in school because treatments were pretty rigorous. And I was trying to support us by working as much as I could. So we have a little bit saved. We've got probably about $21,000 in savings. I do have a car note that we took out. Normally we buy used, but I really needed something more gas-friendly because I drive for, you know, sometimes up to 100 miles a day with my job. So realistically, you know, getting 20 miles a gallon versus the 60. So where are you today?

Well, we've got $14,000, just just under 14,000 that we owe on it. Okay. So we're wondering, do we take that? We're trying to just prepare for worst case scenario. We're really praying that he pulls through, but he really can't work at all with the pain medication he's on. So I'm trying to figure out. I'm so sorry.

You guys have been through hell. Yeah. I'm so sorry. How old are your babies? So I have 18 to 4, and we currently have my two nieces living with us while their dad gets his life together. So that has been a help. How's the 18-year-old?

She's amazing. Her and her dad are really close, and she has really stepped up to help with anything we need. So I think I hear you saying he's not doing well. He's not doing well in the capacity that there's lots of treatments going on and they're all clinical trials because traditional his is so rare um that lots he actually has a doctor in pennsylvania calling him like every month so short of god stepping in you're telling me that he's going to be in heaven soon. Yes, yes. And praise God we know where he's going.

I'm so sorry. I'm sorry to be blunt, but I was trying to make sure I knew where you are so I can try to help you. Because you guys have just been brutalized by this whole thing. I'm so sorry. It's okay. I mean, we have a lot of hope, and we have a great church family. They've stepped in.

My family is amazing. Well, you've got incredible character and faith. He's still working on it. Yeah, and you do too. And everything you've described, you guys have reacted to everything that's been dealt to you perfectly, as perfectly as you could in a horrible situation. It's just a tragedy. I'm so sorry.

So the shopping thing is the income from that is a blessing. And so how are you doing? What's your income these days? So this last year was pretty low. I hit right at 50 um the year before when i was really going at it working you know mindlessly uh i made more like 80 um so it the potential is there it's again just directly what i the time that i put into it well you gotta you have to do something baby so this is not a bad thing yes no i it has been in the flexibility. Like I said, if my husband's having a really hard day or has to go to the emergency room,

I don't have to work and I don't have anyone counting on me to do anything. And again, we're set up with family and church and it has been a blessing, but I, my, my fear is, um, you know, moving forward, how do I continue? We have a mortgage, and it's not a large one. We have the money to pay off the car, but basically at this point, you know, I'm just now wrapping my head around your podcast the last couple weeks, which is why I called in. So right now we've got our four walls covered.

Here's what we're going to do, okay? Number one, we're going to put our arms around you and walk with you. Thank you. So we've got financial coaches that have been trained by us in every city in America. They're independent from us, but they've been trained by us. And we will furnish you guys a financial coach at no charge. We're going to walk with you, okay? Oh, wow.

And I'm going to put you guys through Financial Peace University and get you on the Every Dollar Budget app right now as our gift as well. It doesn't cost you a thing, okay? Awesome. Then our strategy is going to be continue doing what you're doing. We don't need to pay off a bunch of debt. We need to stay in survival mode and continue to fight cancer um if uh if the end result of this is that your husband's in heaven

then we change strategies after we grieve that and grieve this whole thing okay and the strategy at that point will change to how can we prosper going forward and what's our new life look like and that's gonna then we're gonna start taking some of that money and paying off the debt then we're gonna take some of that money and build your emergency fund and we'll start working the baby steps that we talk about here but right now you got six mouths to feed well eight mouths to feed and um uh nine ten counting two adults and and and you know i'm not worried about your stinking car payment when your husband's in the final stages of fighting something and he's down to experimental treatments does that make sense i want you to just fight right now you guys i want to do everything we can to keep gas in your tank because emotionally you

got to be wrung out yeah it's been it's been sustained by the lord but it is hard yeah um yeah it's just every day he does hold you up but it's uh but it's still the whole process is just wrenching. So what you got now is you got some more people that love you and are in your corner. And we know something about this subject, so we can help you with this subject, and we will. Okay? Okay. Thank you. And you call me back.

You call me back any time. Any time you've got a question, you call me back right here on the air, and I'll talk to you. Okay? Regardless of what's going on, you call me back right here on the air, and I'll talk to you. Okay? Regardless of what's going on, you call me back. And we'll also have the coach in your corner, and we'll put you through everything. So hold on. Christian's going to pick up, and we're going to take care of you because that's what we do here. That puts us out of the Ramsey Show and the books.

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. you