The Ramsey Show - App - Should I Change Jobs to Live Rent-Free? (Hour 3)

Episode Date: August 7, 2020

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Music Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studio, this is Today Ramsey Show, where America hangs out to have a conversation about your life and your money. My name is Anthony O'Neill. Co-hosting with me today is the one and only Dr. John Deloney. And we're here taking your phone calls around life, around money, around pretty much anything these days and times I'm loving this new

direction Dave is leading us down and if you have a question about anything 888-825-5225 888-825-5225 888-825-5225 give us a call and we would love to have a conversation with you

Anthony I forgot to turn my button on here Anthony yeah the call board is lit up but before we go to the calls I gotta ask you something what's up

you're big into the social medias to the YouTubes to the internets you've got a massive social media presence, and I'm learning how to do it right by following you. The other morning, I think it was today or yesterday, this article popped up on my feed that you put out there,

and the title was, Paying Student Loans by Becoming a Sugar Baby. Wow. What would you do? And this article explores how some students are paying for their education. Anthony O'Neill, I come from the higher education space, and I've never heard this. I need you to be a professor to me.

I need to go to grad school for a minute. Help me out. What is paying student loans by becoming a sugar baby? What does that mean? You seriously never heard of this in the college space? I did not know that kids were thinking that this is a good idea to pay

their student loans off. So ABC wrote an article. They wrote an article around the What Would You Do series that's on TV. And it takes on the issue of many college hopefuls and their families are grappling with, how do they pay for college? And so what I am seeing in this area

is that older men or older people are going to younger people and saying, hey, will you be my my date? And they pay them for that date. I don't know what happens, you know, in a privacy. I just know that this article is talking about how people are paying off their student loans because you have this big pandemic of nearly one point.8 trillion in student loan debt. The average student is graduating with $35,000 in student loans. And I think young people are starting to realize, like, wow,

I'm going to graduate with $100,000, $200,000. You know, let me go on a date with an older individual and allow them to just, you know, hey, hello, have a good time with them, and then come back home and get paid for it. Anthony, I'm looking at you. I know on the radio you can't see my face. I'm just kind of in disbelief. I'm in disbelief, too. If my daughter ever, ever, if anyone who I love, anyone who I know,

if anyone ever called into the show and said that they were a sugar baby, I will have some words because I have a word for the guy I have a word for that and it's both male and female doing it older and so sugar baby just simply means there's an older individual going

down to the 2020 or whoever is in school and pretty much giving them money is I just have to believe there's A, other ways to pay off your student loans. B, other ways to go to college without getting involved

in this madness. Absolutely. I mean, we know that there's other ways, but I think younger people are looking for quicker ways to get out of it because of this debt issue, which is crazy, which is, to me, what kind of morals do you have? You know what? Morals is a thing.

I understand being trapped. Yeah, maybe it's morals. I want to go even deeper. Like, have more respect for your heart. Have more respect for yourself. Yes. Um, now in fair,

I want to make sure I'm being honest on the show. When I, when I did my research, nothing illegal or nothing that is, I would say this isn't prostitution, right? It's not. Okay.

Yeah. So from what we know from the article, no. So it's just a simply going out to dinner, having a conversation, that's it from what this article is talking about. But still, I'm not comfortable with it. My daughter is not doing that. My son is not doing that. My loved ones are not doing that.

I just – I can't rock with it because I don't trust, especially men, with that. Yeah, there's a massive power imbalance there, right? But the broader conversation is that we've got to be having. Is that young people are feeling so trapped. There you go. Young people are

blindly making decisions with or without the guidance of their family and adults they trust in their life. And let's go deeper why are they doing it what's the core route they don't want to be in debt man young people are are nervous they're scared um they're like yo what do i need to do i don't i don't want to graduate college and and have all this over me and have to move back in with my mom and and i have to drive this car i gotta ride the bus and i can't enjoy my life what can i do what can i do what can i do and so the core root is like yo i do not want that so what can i do now to avoid that and they don't even know of the stress and the issues

that what they do today is going to impact their tomorrow oh my gosh and and it's not safe you don't know what you're walking into and so that is why i have my message on not just student loans but in period here's what you need to do to start a solid foundation so you don't have to worry about graduating with student loans you don't have to worry about not going after your dreams i want young people to go after their dreams. And I want them to get it. And it's them. And you're not doing something that your integrity is questioned.

You morally feel off. Yeah. And you're going home and you can't sleep because you're disgusted about the decisions that you've made. And I've been disgusted at a young age. Not because I did something like this but because i i wasn't who i was created to be you know and i'm like man like i felt disgusted having to uh for prime examples be out honest with you being a collection agent and i'm over here begging you and harassing you to give you and pay your bill when i'm trying to do the same thing with my stuff you know so I'm like we all can if we have a solid foundation and go down to the core

of the problem the core of the problem is I'm in debt and I don't want to be in debt and I think these young people who are considering this it's because like I don't I don't want I don't want that issue I don't I don't want that so as a dad't want that. So as a dad of a 10-year-old and a 4-year-old, I need to hear this. That kids are making choices to pay off their debt because I'm not planning. Or because I'm putting a vision of success. I'm putting a vision of prestige into their hearts and minds that is going to cost more money than they've got than we've got. And I need to do a good job at a young age of instilling in them the value of a

dollar. Here's what a free community college looks like. Let's start saving money together. Let's come up with college dreams together. Yeah. And to those guys out there that's doing that, something's wrong with you. There's something wrong with you. Grow up and leave these young people alone.

Get some friends your own age, guys. Bothers me. I'm sick of this. This is The Dave Ramsey Show. folks i love telling you about well-made well-thought-out products today i'm talking about grip six 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

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That's GRIP6.com. going all the way out to the beautiful beautiful beautiful place of canada we're going to have a conversation with alex alex good afternoon how can dr d and i help hey guys uh thank you so much for what you're doing um here is the problem so like a lot of folks uh covid turned my life upside down uh i work in restaurants and i was like attacking my debt i owed 34 000 i brought it down to 2025 but now i'm out of a job and i'm finding myself in a bit of a catch-22 because i live with at-risk relatives and the next phase of reopening has indoor dining, which there's always case spikes and stuff like that. So I can't really go back to work, but being out of work is giving me some serious, like, depression and anxiety. So I really am, like, should I fontan the hole in the wall with, like, super low rent

and risk us getting shut down again and then I'm stuck with another whole stack of bills, or should I just wait it out and deal with my mental health? What's your work in restaurants? I've done everything, a chef, bartender, manager, anything really. Here's my question. Can you do something else? Are you stuck in the restaurant world? I've only ever done this since I was 14.

I'm 33 now. 33. So I want you to step back for a second and say everything that we knew about how the world worked is different now. And this idea of it's just going to finally kind of make its way back to what was is over. It's gone. A key example that I got to have a ringside seat to was one of the large revenue drivers at Ramsey Solutions was Financial Peace University. And when COVID hit, they got in a room and said,

what do we do right now? And they started taking one of their main revenue drivers and giving it away. The business changed overnight and it's just transitioned, right? So I tell you that to tell you this, I would consider strongly, if you've got a good situation, if the people in your home count on you, then this may be the moment that you're going to have to go get a part-time job. You're going to have to do different work. That is something that you haven't done in a long time,

but that is going to be what you need to do right now for your new situation moving forward. And it may come a time when going back to the restaurant business, the place that you love, the place that you know, more likely the place that's comfortable, that might come back around. But right now you need to make some money. If you want to jump and get a hole in the wall, man, go get a hole in the wall. But you nailed it. Your mental health, your value, your worth, man, we were made to work.

I want you to hang on the line, and Kelly's going to give you a copy of our friend King Coleman's book, Proximity Principle. I at least want you to go through the philosophical and spiritual exercise of stepping back and asking yourself, not what have I done for the last 20 years? What's comfortable to me? What do I know? But what do I actually want to do? What do I have to do right now? Because the world's changed underneath me. And how can I make both my – keep my family safe and take care of my bills and take care of tomorrow in a whole new environment? Love it. Going out to Los Angeles, California, we're going to have a conversation there with Ken.

Ken, good afternoon. How can Dr. D and myself help. Hey, I just had an experience like suicide and have a hard time dealing with it. Wait, step back for a second. You just experienced, tell me about that. I heard some gunshots and ran up and saw. Oh, man, I'm having a hard time talking about this, honestly. Yeah, take your time. Yeah, man, take a deep breath. anyway i um i need uh i just wanted some guidance on how to deal with understanding you know why you know suicide happens i had a good friend of mine as well take his life and i just i know it's

happening a lot around the nation but uh just wanted to get kind of insight of how you deal with that kind of stuff. So I'll get to those questions. I can hear the weight and the hurt in your voice. Did you see somebody, or did you have to deal with the aftermath of somebody taking their life? You heard gunshots, and you went outside? I was the first one there, and I saw them saw him laying there so it was rough i've never seen that so it was really hard to get you know trying to get my head wrapped around all that so yeah i couldn't do it though well number one thanks for calling

the call you made just now is a brave, brave call. And I want to applaud isn't even the right thing. I want you to know that I hear you and I'm with you and I appreciate that. Number two, I've responded personally to a number of those situations. And so I've sat in your seat and I want you to know that the things that you saw, you are not supposed to see. We're not wired to see that stuff. We're not supposed to see that stuff. And it is devastating and it takes your heart out from underneath you. And that's what you're sitting through right now. Okay.

You've got to, got to, got to. This isn't a think about. This isn't a process. You have to get somebody else around you right now. You've got to get somebody to talk about and process what you saw, when you saw it, how you're feeling, and someone who's going to check in on you the next couple of days. Will you commit to me to do that? Yeah. Yeah. And it's not a moment, Ken, it's not a moment to be tough. It's not a moment to sugarcoat. This is a moment you've

been through a trauma. You are a first responder. You've sat in something that people aren't supposed to see. And you have to treat it with that level of immediacy and that level of seriousness. Okay. And Ken, let me, let me say this too, man. You too man you asked a question that I remember when I was pastoring for about 10 years of my life that would be the first question why why did they do this why

and let me be honest with you Ken I don't care who you are no one has that answer we can't explain why we can't explain why people die. Why God allows that to be people to be killed. We don't know why someone would want to take that. We can't explain that.

And so I don't want you to carry that burden and keep asking yourself why, why, why, why right now you send love up for that family but your number one priority right now is yourself it's your spirit it's your mind and it's your health which is why you have to go and see a counselor when you get off the phone i'm i want you to give kelly your name number and email address i'm personally going to pay for your first hour because you need to go see someone not today, like now. Because right now what you're doing is you're absorbing all of this in.

You're asking yourself questions. You're looking for answers. And some of the things we just don't have answers to. And you need to be able to cry. You need to be able to cry. You need to be able to scream. You need to be able to say what's on your mind in a safe place so that way we can get you back to the day before yesterday.

We got to get you back there sooner than later. Well, what I want to tell you is let me add to that. Or let me alter that a little bit. There is not going to be a tomorrow. Okay?

You hear me, Ken? Yeah. I'm here. There's not going to be a return back to yesterday. You saw what you saw. You experienced what you experienced. And that's going to be a part of you. And over time time you'll

make meaning of it over time it will become a part of you will become a part of the choices you make and the decisions you make but as anthony said this is as serious as serious can get what you saw okay what you experienced and i want to tell you as a community member i'm glad that somebody like you had the courage to go outside and see what's going on. Yeah. Okay. Yeah.

Hang on the line, Ken. We're grateful for you. And when we come back, we'll talk a little bit more broadly about suicide, about the epidemic of folks taking their life in this country. Thanks for calling Ken. Thanks for calling.

Stay on the line man The Last Caller Ken heard some gunshots in his house, and he went outside, and he was the first guy to show up and find that his neighbor had taken his life. Anthony and I want to not gloss over that trauma that he experienced, that pain that he experienced, and the importance of him to go sit with somebody immediately

to talk through his situation, what he saw. People are not supposed to see that. And then to begin the healing process, it's going to take weeks. It's going to take months. Um, and he's going to get other people in his life. And Anthony, you graciously reached out to support him financially to help him out, which is just such a gift. He also said, um, the caller can also mentioned he had a friend recently take his life. And if you look on the news, if you read the statistics, the, the suicide rate in this country is just on acceptable. Yeah. It's unacceptable. And so Anthony mentioned something. And then I think it's critical and it's right. When someone

around you takes their life. Every cell in the human body has one job and that's to get to tomorrow and get to the next day and get to the next day. It will often do things in the short term that won't benefit you in the long term because its goal is to get to the next day, right? That's why people will smoke because it feels good right now. It slows things down for me right now, even though it's going to kill me later, your body will do what it needs to do right now to get through the day. And so when someone takes their life, they are overriding every system they have. And there are, you will never know.

And Anthony said this, and I want everyone to hear this. You will never be able to fully get inside the heart and mind of somebody who takes their own life. And wearing that on yourself is unfair to you. That said, there are extraordinary researchers like Dr. Schneidman, like Dr. Thomas Joyner, that put out some of these ideas. Why would somebody get to that place? And there's things like hopelessness. There's things like belonging.

I don't belong anywhere. There are ideas towards a perceived burdensome. People are worse off because I'm here. And then there's this idea of practicing. I actually have the ability. I've got a gun available to me. I've got pills available to me. So here's a couple of things I want to pass along to folks. Here's a couple of myths, a couple of facts, and I pulled these up from my personal notes. Number one, talking about suicide, asking somebody, hey, are you going to hurt yourself, does not increase the risk that they're going to do it. Often people are so relieved that somebody finally saw them for who they are, understood them for what they're going through, and they just weep.

They just say yes. People who talk about killing themselves are often trying to express this pain that they're experiencing. Any sort of threat should be taken seriously. My students, my friends, folks I've worked with over the years, they know, dude, don't mess around with, oh, I'm just going to kill myself. Not with the loony, dude, because I will call your bluff 100% of the time. So often people don't want to die. They're just exhausted and they're tired of hurting and they don't see another option. Somebody mentioned a quote to me one time that suicide's not the problem for somebody who's hurting. That's the answer. And so we've got to back up and say, who in our world doesn't belong? Who in our world is on the margins? Who is hurting among us, around us? If you are hurting, if you are sitting in this COVID mess,

if you are unemployed, if you are struggling, if you are looking at your debts and you were thinking the people around me would be better off without me, I want you to call right now 1-800-273-8255. That's the National Suicide Hotline, 1-800-273-8255. If you know somebody in your life who's thinking about hurting themselves, call the number. If you are thinking about, you know what, I'm just, would be better off not being here, call the number. I want you here tomorrow and the next day and the next day. Suicide's hard. We've got to start talking about it more, and we've got to start talking about it more, and we've got to start loving the people on the margins.

Yeah. Man. All right. We're going to go out to Jackson, Tennessee. We're talking to Peaches. Peaches, good afternoon. How can we help? How are you?

Peaches, how are we doing? We are doing fabulous. We are doing fabulous. We are doing fabulous. I'm glad you said something to that guy and directed him in a way to get some help. I know Mr. Ramsey and the team up there, as a matter of fact, I'm a retired police officer. Been on for about 33 years. So I know what PTSD and other issues will do to your head, and you've got to get some help. You've got to get some help. You've got to get some help.

Thank you, Peaches. Thank you. How can we help you, Peaches? Okay, my thing is this. I've got friends that are running around here right now with this COVID-19 situation going on, and they're not doing this and they're not doing that, and they're afraid to go here and afraid to go there, and I think that's fabulous because wearing masks and socially distancing is helping everybody to stay well. But in talking to them and in listening to them, it is like a rubber band.

I literally see that rubber band stretching, stretching, stretching, stretching, and stretching. What are they going to do this time next year or maybe a little bit later when we have a vaccine and things are getting back to normal? That rubber band is going to snap. They're going, I saw somebody saying that they couldn't wait to get back to Ross. They're going to do some shopping and they're going to buy this and they're going to buy that. How do we keep our friends from running off into the ditches? That's a great question. Number one, thanks for caring about your neighbors.

That's so good. Thanks for caring about your friends and being astute enough to see that, man, people are not making wise decisions right now or they're getting nervous. I love your analogy of stretch, stretch, stretch, stretch, stretch. Anthony, what do you think? You know, I think the thing that we really just have to really think about here is that people are going to struggle. You know, a lot of people have been comfortable. A lot of people are not really making wise decisions financially. I agree, Peaches, that we have to be safe. You know, when you're around a lot of people, wear a mask.

If you have symptoms, stay home. If you're out, social distance as much as possible. But at the same time uh you still we still need the economy we still need to work we still need to make some money and so i think right now while being safe and by being wise we also still need to be producing um and making some income and so i'm loving that you know we have a lot of young people who are staying home right now and they're while they're social distancing. What they're doing is still educating themselves. Like, for example, they're taking on Financial Peace University.

And some people are even leading Financial Peace University and helping people get ready for what happens after this pandemic hits. And so I love that. Peaches, to answer you directly, I think that what you can do to help is you can continue to be an ear. You continue to live by example, continue to walk in the light, and continue to serve. Serve, serve. The best way to get out of our own heads is to get into the hearts and care of other people. And this crisis this year has left a lot of people feeling scared about their money. All they know is that they never want to be in the situation again, and they don't have any idea where to start, right? You mentioned it. When this thing snaps, what are people going to do? That's where you can come in. A great way that people

have served their local communities, their churches, their neighbors in partnership with Ramsey has been to serve as a financial peace coordinator. Coordinators are everyday folks just like you who walk with people through their proven plan to dump debt, to look at that snap rubber band, as Peaches put it, and help put their life back together to save for emergencies, build wealth so they never have to worry about this stuff again. You don't have to be a money expert to be a coordinator. We take care of all the teaching. You can even lead a virtual class if you don't want to get outside.

And just for leading, we'll give you free Ramsey Plus membership for a whole year. Peaches is right. We need people in our community to step up and to help, and we want to give you the best tools you can to help. If you are interested in leading an FPU class, we would love to have you serve your neighbors in this way. As a coordinator, you can change somebody's life. You can show them the way to take control of their money for good.

No more fear, no more sleepless nights. So to learn more, text LEADFPU to 33789. That's LEADFPU to 33789. And when you lead FPU, America, hear this. You're saving someone's marriage. You're saving someone's life. You don't know what you're doing. Because money is a real thing.

But it's good. But it's good. This is The Dave Ramsey Show. Thank you. scripture and quote of the day comes from matthew 21 verses 42 jesus said to them have you never read in the scriptures the stone the builders rejected has become the cornerstone. The Lord has done this, and it is marvelous in our eyes. David Brinkley says, A successful man is one who can lay a firm foundation with the bricks others have thrown at him. Ooh, I like that one. That's some goodness.

Yes, that will be on my Instagram tonight. All right, let's go to blinds.com question. Blinds.com's 100% satisfaction guarantee means even if you mismeasure or pick the wrong color, it's like they're getting into my head, Anthony, they'll remake your blinds for free. So if you are an idiot and screw it up, they'll come behind you and help clean it up. Blinds.com, you get free samples, free shipping, and with the new promos they run every month, you'll save even more. Use promo code RAMSY to get the best deal. Rules and restrictions apply. So today's question comes from Anthony in New York.

He visits DaveRamsay.com to ask. Here we go. I am 20 years old and live with my mother. She does not support me me and I send myself to college. I try to be a good son, but I think she exploits me financially and cares only about herself. For example, I recently got a sum of money and she broke into my phone and checked my bank account to see the amount. She borrowed $700 from me to buy clothes, even though I needed it for school. I told her no, but she threatened to kick me out.

I am deeply dismayed and cannot afford to move any advice. What say you, Anthony O'Neill? This is not an easy answer because I need a lot more details. I'm not loving if this is true, what mother is doing. So, yeah, I think she's exploiting me financially. She stole $700 from your bank account. Yeah. She didn't borrow.

Call it what it is. She stole money from you. When I'm having a conversation with mom, listen, this can't happen again. I mean, and you have to be honest with yourself and just be like, hey, I need to find somewhere else to go. Bottom line. And because you can't stay there if it continues to happen

because that's going to bring on stress and more issues. Or what you can do is try and figure out how can you lock up your money somewhere else where your mama can't get access to it. Because I don't see how and this is why I need more information. How did she get the money through your phone? It looks like she got in there and just checked his account,

and then she somehow is connected to his account. And Anthony writes this, she does not support me, period. That's an inaccurate statement, Anthony. She pays your rent. You live with her. And so she is supporting you. And as Anthony O'Neill just said, you're a 20-year-old man. It stinks.

You've got to make a plan to get out when your mom will steal from you. Even when you say, hey, mom, this is for my education. This is for my future. When she says, I'm going to steal from you, you've got to make your next step plans.

And so, like Anthony says, you've got to lock up your phone. You've got to change your accounts. You've got to make a radical plan to move into somewhere else where it's safe. The next six to 12 months, you need to be out the house. Today, you need to be planning what the next six to 12 months exit strategy looks like. Bottom line. It sounds like you're in an unhealthy situation. You don't want to jump and move out today.

You need to make a plan and bounce. And you got to protect your money. Got to. But as long as you are living in somebody else's house, she can charge you rent. She can feel like she's got ownership over you. Yes. Right, wrong, or indifferent. we can argue that all day long the reality is you're living on her dime living in her home she doesn't have a right to break into your account steal from you but man man sorry to hear

that man but you it's gonna be all right next six twelve months you'll be better going out to austin texas we're going to take the last call of the day. Have a conversation with Aaron. Good afternoon. How can Dr. D and I help? Hi, guys. Thanks for taking my call. So my wife and I are trying to pay our bills off, and it looks like we're on track to pay it off in about three and a half years. And what we want to do is move up in the house.

We actually want to build a house and possibly buy about 20 acres. And I was wondering if it would be all right to take out a home equity loan once the house is paid off to put towards our new house. Once the house is complete and we're ready to move into that, we sell the house that we're living in and pay it off right away. No. I was just thinking, Aaron. No. My first thought in my head was no, but I'm going to let Anthony answer it in a little more dignified, respectable way. He answered it just like I was about to. Yeah. I mean, that's debt. I mean,

that's debt, Aaron. So why would you pay off debt to go back into debt? You know, I get it that it's on your house and it's a it is an appreciating asset. But why would you want to borrow against your home? You know, and everyone says, hey, you know, I'm going to get it. And then as soon as I get back in the house, I'm paid off. Well, here's the truth of the fact. Nine times out of 10, you're not because you don't get comfortable. You don't get into the house. Something's going to come up.

There's no pressure to pay that off. You can make the minimum payments and you're going to put're going to get into the house. Something's going to come up. There's no pressure to pay that off. You're going to make the minimum payments and you're going to put all of your money into the house. No, if you pay off the house, this is what I recommend you doing. Now, do you want to,

do you want to keep it and rent that house out since it's paid off? Or do you want to sell it and use that equity to go towards your new house? What, what, what's your goal there, Aaron? We're wanting to sell it to move into the new house. Yes.

Why don't you do that right now, Aaron? Why wouldn't you do that today? Why wouldn't you just do that today? Because I want to get the house paid off first and have that cash on hand. I don't want to have to start over again because we've been paying on this house for about two and a half years already. And so we're just throwing everything at it, trying to get it paid off. And we want to kind of save up a little bit of money after it's paid off for about a year to kind of help cover all that, you know, if there's additional costs with the new house. I don't fully understand. Let me try to ask that. Let me ask you another question because I'm not getting the math here.

You owe two years more on your home, let's say, and you want to pay it off so that you can turn around and sell it so that you can then put that as a down payment on your future 20 acres there in the hill country. Is that what you're saying? Yeah. So why don't you just skip the – why are you not just skipping the middle, man? Sell the house right now and put that money down on your 20 acres in the hill country.

I guess it's just a comforting thing knowing that I've got the house paid off because we're not quite ready to move up yet. And so I guess just once we got money, you know, the new house, I want to try to make it to where it's an equal, you know. How much is the house worth? I guess an equal tradeoff. How much is the house worth? Right now it's just south of $200,000. How much do you owe on it? We owe about $160,000.

Okay. So you're $40,000 in equity, and you are saying within the next two to three years, you can have it paid off with $160,000, right? Yes. But you do know eventually you want to upgrade? Yes. Okay. Your option is if that's what you want to do, that's what you want to do. Another option is you can sell the house now.

Okay. Sell the house now. Okay. Sell the house now. And so paying 160 on the house, just go ahead and save that and put it into an account. Because the equity difference between now and two years from now is maybe $5,000, $6,000, $7,000 maybe, depending on how Austin is doing right now, Austin, Texas. I don't know if that's good enough for you to stay so if you're not ready to go down maybe you can sell the house now get the equity out of the house now go rent something maybe a little bit cheaper and you have enough room for you and your family but now your payment is going down a little bit lower what's going out a month then you can save all this money to put down towards your new house

in the next three to four years. And a lot of people do that. And to be honest with you, Aaron, I'm even considering doing that because I want my dream home. And so I'm considering selling my house now. And so this way, when I sell it, I can own equity.

I'm gonna go down in-house. It's just me and my dog. And I'm trying to go cheap if i do that so that way in the next two years three years i can go build my dream home and put down a large large large large amount down on the house that that we believe which is going to be much more than 20 my goal is 60 of the house and pay off the house within three to five years so that's what i would definitely recommend hey before we go anth, I want to check in with you one second. We talked about some heavy stuff today.

I just want to make sure your heart's clear. You feel good? I'm good, brother. All right. Man, that was good. I like you, bro. I want to thank our producer, James Shiles, and filling in for our associate. I mean, not filling in.

And Kelly Daniel, our associate producer. Y'all, this has been a great day. Thank you all so much for chilling with me and Dr. D. This is The Dave Ramsey Show. This is James Childs, producer of The Dave Ramsey Show. Once again, you made The Dave Ramsey Show one of the top four most popular podcasts last year. To get your daily dose of motivation and inspiration from the Ramsey Network, subscribe or follow today wherever you listen to podcasts.