The Ramsey Show - App - Should I Move for a Six-Figure Job Offer? (Hour 1)

Episode Date: February 11, 2021

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Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, it's the 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, best-selling author, and host of an uber-popular podcast these days, is my co-host as we answer your questions about your life, your money, your marriage, your kids, your money, your career. Did I mention your money?

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Duncan is with us in Johnson City. Hey, Duncan, welcome to the Ramsey Show. Hi, Dave. How are you? Great, man. How can we help? Well, I was just wondering, should I sell one of my vehicles or keep it and

continue with what I want to do to it? So, a little back story. I am 19. I live with my parents. I have a full-time job and I make about $1,500 to $1,800 a month. I own two vehicles, all paid for, and I have about $4,200 in a savings account. And I was wondering, should I continue putting?

I have zero debt. What are the cars? What are they worth? You want them a project car or something uh yes uh one of them is worth twenty eight hundred dollars and the other one is worth four thousand dollars what do you what do you tell me about it why do we have to you're working on one's a project i guess well both them are running, and I do drive both of them regularly. Okay, then tell me why you have two cars. Well, one of them I need because I need to pull a trailer,

and one of them also helps me make more money on the side. The same car? The other one. So what are you pulling? What kind of trailer are you pulling? 12-foot utility trailer. What's your side gig? Any man's yard of work.

Okay, good for you. So the one of them is a pickup? Yes, sir, a 2004. Okay, good for you. So the one I'm going to pick up? Yes, sir. A 2004. Okay, what's the other one? A 1997 Toyota 400. And my main question is about the 400. Yeah.

I bought it over a year ago, and since then I've put about $1,200 in parts in it. And I want to drive it to Alaska in the next 16 months. And I'm just wondering, would it be financially wise to sell it and save up more money and buy what I want, or just build this thing into what I want it to be? Build it into what you want it to be. Build it into what you want it to be. What does that mean?

You're talking about getting big tires on it and jacking it up and redoing all the interior and all that? Well, making sure it will survive to drive up there. Okay. Why don't you rent survive the drive up there. Okay. Why don't you rent something to drive up there? It'd be cheaper. I haven't thought about that. So, Duncan, this is in my family.

My wife and I drive old cars, and whenever we go on a long trip, we rent a really nice car. Might have trouble doing that at 19. They usually want to be 21. That's true. But, yeah, that's how I get around, man, and not have to worry about it. Yeah. I just, you know, it sounds like you've got two very specific things. You listen, neither one of these cars are going to cause you to not be a millionaire when you're 39.

Yeah. Okay? There's nothing here that's on the stupid zone. It's just, you know, you ask, so I'm trying to kind of think through it with you, Duncan. But so if you want to keep both of them and you want to work on it as long as you're paying cash for it, you're okay. Okay? There's nothing here that's dying. There's nothing out of control.

You can call me up making $20,000 a year with a $30,000 car, in which case I would have had to tell you to sell your car. But, you know, you're not violating any of that stuff. So you're fine. The only thought that ran through my mind is I would think there would be a vehicle that if you sold both of these and put the money together, that would be a nicer vehicle that would do both things. A nicer truck, a newer truck that will pull your trailer, get you where you need to go. And take you to Alaska. That's right.

You know, so if you got a $4,000 car and a $3,000 car, that would be like a $7,000 car, roughly, give or take. And we've got $4,200 in savings, too, I think I heard. So you could actually get an $8,000 or a $9,000 car. I'm probably – because the difference in a $4,000 truck and a $10,000 truck is not double. It's quadruple. That's right. It's 100,000 miles plus. It's a lot of difference.

You know, if you buy well, and it sounds like you know a little bit about cars and you've poked around on them. So it might be that you're trying to, that you've kind of diluted across too many things, and if you piled it up in one pile, you could get one thing that did everything well that would be a lot nicer and a lot better that you pay cash for and would still be there. I wouldn't ever go over $10,000 in your situation, but I think you could sell these two, put some money with it, and move up to the $8,000, $9,000, $10,000 range and really get in a much better vehicle.

That's the only thing that ran through my head. But if you want to keep tinkering with this Highland or whatever it was and fix it up, I kept expecting to hear like a 67 Mustang, you're doing a retro frame-up restoration or something here. Not a lot of guys losing sleep over a 96 4Runner, but... Yeah, not. Not many. Like, I've got to fix up my 4Runner. That doesn't come up much. There is a 4Runner gang. That's what I say. Well, they'll come out now that we said this.

They are. Twitter's coming, baby. I'm sure. Here they come. 4Runners, we love you. We love you. Hashtag hate Dave Ramsey. You've got to get in line on that hashtag. It's a long one. Long line. This is Dave Ramsey. You got to get in line on that hashtag. It's a long one. Long line. This is the Ramsey Show. People all over the country are discovering a faith-based and budget-friendly way of meeting health care costs through Christian Health Care Ministries. Christian Health Care Ministries, or CHM,

is a nonprofit organization that helps members carry one another's burdens with health care expenses, and they have successfully shared each other's medical bills for nearly 40 years. See if CHM is right for you by visiting chministries.org. CHM is a proud sponsor of Dave Ramsey Live Events. Dr. John Deloney, Ramsey Personality, is my co-host today. Open phones at 888-825-5225. So apparently this is worth discussing.

Oh, great. Because according to Twitter, it's the number one thing on Twitter right now. So I said on Fox News this morning that I don't believe in a stimulus check. Because if you get $600 or $1,400 and it changes your life, you didn't have a life. You're already screwed. And apparently that's news to people. It's like apparently I have upset and melted many snowflakes. So the concern is what?

That $600 changes people's lives. I mean, honestly, I thought it was a fairly obvious thing. If $600 changes your life, your life really sucks. But I thought... You don't have a life. You're screwed. I thought both sides have been upset about that amount. Well, it's not enough.

Right. It's either not enough or... Why are we sending it, right? Well, it's not enough or you're not allowed to talk about not getting it because apparently it is freaking life changing. And I just didn't know because I'm an elite boomer. Huh? I mean, it's what has the nine people?

I mean, some of you people have lost your dad blame minds out there. If you really believe $600 is going to change your life, you're an idiot. Really? $600 is going to change your life, you're an idiot. Really. I mean, I've been broke, and I never even then thought $600 would change my life. Back when $600 was a lot of money. It was a million dollars, huh? You know? I mean, really.

I've been broke. Would $600 help? Yeah, if you hand it to me, I'll take it. Right. But I'm not going to get it, obviously, because I don't meet the income qualifications, which I shouldn't get it none of you should get it but um but you're going to because the government is here to save the day it's like a cartoon so so how and the misfit toys up there man how much of it is is just that dave which it is it's a it's a signal look how much we're helping yeah that's all it is.

It's look at us. We're here to help. And my point is that they're lying to you. They're not really helping you. Right. If $600 or $1,400 completely changes your life, you're screwed. Yeah. You already had major structural crap in your life.

You're struggling with mental illness. You're struggling with a career problem. You're struggling with a work ethic ethic problem you've got character issues you've got oh now he's shaming the poor uh you know which is the other thing i mean that's absolutely asinine i'm not doing any of that there's only one way that your life is i mean you could have tremendous health problems right that would be it it wouldn't be shaming anybody. It's just a mathematical arithmetic recognition that $600 is not much money. Right. And we've talked about this a lot on this show, that how many households in America can't handle a $400 emergency?

Nobody can. But again, the point is that you're looking to the government to fix your life and as long as you wait on washington dc to fix your life you're going to suck your life is going to suck yeah and that's not poor shaming no that's shaming stupidity if you believe 600 is going to change your life you're stupid you should be ashamed and so what is give us a what like what are people going to do right now and say i don't i don't want to be in a situation where six hundred dollars is going to turn things around for me yeah well you have to start doing the stuff that we teach and you say okay what am i going to do i've got the stuff you deal with on your show which is

what i was thinking of when i said that sometimes i hear things on your show, people have mental health issues and things going on in their lives, and it prohibits them from making a good life until they get that fixed. Gotcha. Okay, I see what you're saying. And it keeps them from making an income. Yeah. Right? And sometimes they're on Ken Coleman's show, and they don't have a career line going up,

and they're making no money, they're starving to death, and they really have got to rework their thoughts on their career and their job, and they need to make more money. they need to work more they need to work in a better place a different place whatever i've been there yeah you know i gotta change things when they're not working right oh and by the way you ought to do the dave ramsey baby steps right and save some money and get out of debt it's not if it's when the next thing comes and get out of debt but i mean there's a whole package here called a wholeness look at life a holistic look at your life that says if six hundred dollars fixes your life it doesn't right it can't to me it feels like a broader conversation about something happened

and we feel we feel a right to not have bad things happen. And the bad things are going to happen, and we... That's called entitlement. We immediately look to somebody to fix it. The government. Help, right? Yeah. To me, it's bigger than a dollar amount. It's an existential crisis.

It's an existential issue, which is something happened. I'm not going to call on my neighbors. I'm not going to call on my local church. I'm not going to sit down with my... Fix it. Fix it, Dave. Does that make sense? That's the part that's hard for me call on my local church. I'm not going to sit down with my... Fix it. Fix it, Dave. Does that make sense? That's the part that's hard for me to wrap my head around.

Well, and the problem is, and the fact that this is trending number one on Twitter is hilarious, but it's sad because what it indicates is not that Dave Ramsey's out of touch or not that I'm right or wrong. That's not the point. The point is that I dared to suggest that the government is not going to fix your life. That's what I'm getting at. It's bigger than the dollar amount. I dared to suggest that they can't fix your life.

That it's up to you to fix your life. And you're not going to have a good life as long as you wait on them to fix it. I dared to suggest that. And so snowflakes are melting everywhere. They are going bananas. And because what I did was I basically said, your God is dead. God being your God. Your reliance on the government solving your problem.

Yeah, your government is your God. It is your provider in your little existential screwed-up head. And I just said, your God, the government, is dead. It cannot come through on its promises to change your life. The Democratic Party cannot come through on their promises to change your life. AOC is not going to change your life. And neither is the republicans right well i want to encourage folks yeah who are stuck right now well the thing is if you recognize

that your god is dead that means you didn't have a god ah okay and so it's encouraging to me or it has the potential to be encouraging in my mind that if you recognize who god really is and it is the god of the universe yeah abba yep the great i am and it is not the federal government and he is your provider and he gives you instructions that involve you dealing with you yes and then he adds the rain in the sun after you do some planting. Right. And when we have bad seasons. And that's not poor shaming. No. To me, it's a community thing, man.

You've got to have people around you, Dave. And when we stumble and fall, you've got to plant. And there's some seasons when, like you mentioned, I've got a health problem. That's when there's other people in your life that will help rally around you. So when I went bankrupt, it crushed me emotionally, spiritually, certainly financially. I got two little babies. My marriage is hanging on by a thread. I was broken.

And I had people say, you know, you did some stupid stuff. And you know what? They were right. And I didn't sit around and get mad at them for saying I did stupid stuff. I had to not do stupid stuff anymore that caused me to get there. I set myself up for that. It was my fault. And then I had other people that came around and put their arm around me and said, you know what?

I know you're hurting, and I'm here with you. And those are the people of God that do stuff like that. And so that's who's walking with you. But this idea that the government is that you dare to mention that the Democratic Party or the Republican Party or Congress or the president is not going to make your life good. If I dare say that out loud, that's blaspheming this dead God. And man, they go religiously bananas. So before you tweet something, I want to challenge everybody. Before you Instagram, put mean things on, whatever, go find out the names of your two neighbors on either side of you

and who live across the street from you and decide you're going to lean in and write them a note. Say, hey, how's it going? You doing okay? Yeah. I mean, put something. Get to meet people locally. Put something positive out there that causes somebody to move in the right direction.

And what I'm trying to do there is saying, you know, don't lean on the government because you've got a long wait. Yeah. You know, if you're waiting on this to fix your life, you're screwed. Yeah. Because your philosophy of life is broken. That's right. And so there's a lot of wisdom and guidance in saying, your life, you're screwed. Because your philosophy of life is broken. And so there's a lot of wisdom and guidance in saying

don't believe in a dead God. The God of the government is not going to provide. They cannot do it. They cannot do it. All they can give is small representations of it so they continue to get your vote. And when you completely sell out to them emotionally like some of you have, you're screwed. Especially these days. Dr. John Deloney, Ramsey Personality, is my co-host today.

This is the Dave Ramsey Show, where we talk about your life and your money. Thank you for calling us. The phone number is 888-825-5225. Evan is in Harrisburg, Pennsylvania. Hi, Evan. How are you? Good. Thanks for taking my call. Sure. What's up? So, long story short,

in September, my wife and I welcomed our first child. Yay! That was the only good thing I think that really happened to us in 2020, so that's a plus, I guess. But, so I left my

job to be a stay-at-home dad, so we are blessed to be able to work also per, you know, salary. I'm working through the baby steps. I'm fairly new to you. I've been listening to you a lot now recently. I feel like I'm getting hung up on baby step two because I kind of feel like we're kind of out of order, but we have a lease and we have 14 months left on the lease. And I feel like it's, for me, I'm trying to do the budget and it's kind of really messing with my head having that, you know, having that $429

payment every month. So I was just looking at what we should, what do you think we should do with maybe, should we buy out the lease? Or I was thinking of maybe just taking some of our savings and just paying out the rest of the 14 payments and just so I can utilize that $429 kind of differently when I'm budgeting then. Or what do you think I should do there?

Because I feel like... What are you planning on doing with the car at the end of the 14 months? Well, that's a thing. My wife is currently working from home, so there's a chance that even when this is up, she could still be working still from home. So in that case, we would just need my car that it's paid for and everything. So we wouldn't necessarily need two cars, maybe.

So that's the thing, too. I was like, if we don't need two cars, then maybe we could, you know, just get away with mine for a while. What's your household income? Gross is $87,000. How much other debt do you have other than this car? Just the house. That's it?

The car and the house? Yeah. And how much is in savings? We have a $30,000 emergency fund. Okay, so you're doing this out of order. You know that, right? Yeah. Okay.

And then we have $38 38 000 in our savings for regular call the car company and ask them what the early buyout on the car is that's the payoff balance today that will consist of the remaining of your payments plus uh the buyout number at the end minus a discount for cost of capital and so uh there's a number you would buy it for at the end of 14 months and then that number plus the 429 for 14 uh is the second number it's that total of those two the buyout should be less than that total did you get that already yeah yes in the early if i just wanted to buy it out right now, man, that's $26,100. Write a check today and pay the car off.

Okay. Then keep the car. Gotcha. Okay, you said keep it. Okay. Let's pretend you had a $26,000 car loan on your car, and you called me up with $30,000 in your bank account. That's what I would tell you to do, isn't it? You knew that. Yeah, yeah. Now, if you want to sell your car later and move down to one car, you can, but you can

afford this car with your income, and you have the money. I'm going to pay it off and keep it and move on to baby step three, make sure I have an emergency fund of three to six months of expenses, and then I'm going to start my off and keep it and move on to baby step three, make sure I have an emergency fund of three to six months of expenses, and then I'm going to start my retirement and go from there. But you're trying to work your plan and hang on to the savings, not our plan. And so you've just got to decide which place you want to be. You know, make a decision, pay or get off the ladder here. And that's what I would do if i woke up in your shoes

because i know that if you follow through on what we teach this is the shortest distance between where you are and a level of wealth that puts you in a position to be outrageously generous works that way dr john deloney is my co-host today if you want to talk about your life and things that are happening in your relationships and so forth. Jump in. The phone number is 888-825-5225. Danny's in Grand Forks, North Dakota. Hi, Danny.

How are you? I'm doing well. How are you doing today? Better than I deserve. What's up? Oh, well, so an interesting opportunity has come up recently where there's a potential where I could be working in a six-figure job, but it would require a move. And me and my family are very well firmly planted in

this area. We planted a church recently, and I work two other jobs as well. And so I guess I was curious what your thoughts were on something like that. From my standpoint in life, going up that much in a yearly income through one job is very, I never dreamed it'd even be something that could potentially be on the table. What's the job? It'd be a project management. Is it something you love to do, that you want to do? I'm good at management. Is this something you love to do, that you want to do? I'm good at management. You know, it's something that I've done for eight years.

But, you know, my calling is to help and serve people and speak life into people's lives. You know, so I work full-time in the fitness industry, and then I pastor part-time. And then I work with people with mental disabilities part-time as well. Do you have kids? Yes, I have two kids and a wife. So it sounds like you already know the answer. Do you feel guilty about not taking a six-figure job? Yes.

It sounds like you don't want the job. It sounds like you don't want to move. Yeah. So you got permission to not take the job, man. Thank you. Yeah. So you got permission to not take the job, man. Thank you. Yeah, I agree with that. The other side of it is, yeah, seasonally, man, is this a moment in your life when, man, you could really bite the bullet for four or five years and work really hard on something?

I don't always buy the – let me put it this way. I'm like you. I have a a i feel like i'm good at helping folks i've done that behind closed doors at 2 a.m with police departments i've done that with college kids i've done it with college kids parents i've done that with adults at my house now i do it on the radio it's a different assignment but the mission stays the same so if you care and love helping people you can do that as a project manager you can also do that volunteer at a local church or with people with disabilities right you can do all those different things and so dave i struggle with this this calling i've got to only do this thing i think you can do your life mission in a

number of different places a number of different of different roles, and if it gives you 5, 10, 15, 25 hours a week back to your kids and your wife, that's an invaluable thing, right? Yeah. I give you permission to do either one, and I'll just echo what John's saying. What ran through my mind is that somehow you've gotten in your head that in order to be helping people, you have to be broke. No. And I have to be doing personal training and be a minister part-time, because in business

you can't be helping people. Actually, that could be the biggest mission field, the biggest ministry that you've ever had in your life, managing projects and leading young people. And I mean, you could speak into their lives in so many ways. I do every day with our 1,000 people on this team here. It is one of the biggest ministries that I have is the leadership role here at Ramsey, not just on the radio. And so, you know, the idea that, you know, you can be a restaurant owner and be in ministry.

So it's a mindset of how you get there. I kind of think, though, you don't want to leave Grand Forks. That's also in the mix that we drove past pretty quick. So this is both a career and a location thing. The only thing I would challenge you is don't turn this down because it's not holy and what you're doing is holy. Right. That's all I'm saying. That would be a mistake.

But if you don't want to do that thing and you don't want to live in that city and the only thing taking you there is money, you're going to be miserable. Don't go do it. Don't go do it. Because, I mean, money does not solve everything, dude. I mean, if you eat enough lobster, it tastes like soap. I mean, you just get more money at some point so uh but but also you don't you know you don't have to work for a non-profit to be holy right uh you don't have to be small time to be holy uh your work can be holy when you decide it is

and you have a other centered matrix that you're looking at it through. Dr. John Deloney, Ramsey Personality, is my co-host today. This coming Friday night, he and Rachel Cruz will be doing a Money and Marriage live stream. February the 12th at 7 p.m. Tickets are only $30. If you're a Ramsey Plus member, it is free for you to watch. If you want to have your marriage impacted, your money impacted, John and Rachel, you will be laughing and crying and everything else.

Our question of the day comes from Blinds.com. They have a 100% satisfaction guarantee. It means even if you mismeasure, you pick the wrong color, they'll remake your window blinds for free. Free samples, free shipping, and with the new promos they run every month, you'll save even more. Use the promo code RAMSY to get the best possible deal. All right, today's question comes from Doug in Missouri. I'm struggling with how much to help my son and daughter-in-law financially. They are both mid-30s, and she recently became a veterinarian with about $400,000 in student loans,

which has severely affected their ability to buy a house or save any money. Financially, I could easily help them as I have several million saved, but I want them to figure this out themselves. However, I feel guilty for not helping them. Both my wife and I are afraid it's going to be the wrong decision. I need some perspective as I'm just not sure what the best thing to do

is. Dave, do you know how much vets make? I don't. More than a lot of doctors. Do they? I don't know how long she's been in practice or where she is, but 100 to 200. Okay. So, if my, yeah, man, if you take out $400,000 to become a doctor, whether a doctor of a person or a doctor of a animal,

I think you've got to work together and figure it out. You've got to get a long-term plan. I've never been in a position like this parents' inn. You've got more perspective on that than I do. I want folks who signed on a dotted line that said, I agree that you're going to help me get my education, and I promise to pay you back. I felt an obligation to pay people back. Even when I didn't fully understand what I was signing,

at the end of the day I had to look at that paper and say, I signed it, I borrowed it, I've got to figure it out. So that's where my bent is. But I've never been in the position where I could help somebody to attune of, I could wipe this out one afternoon and take care of it for them. So I get that temptation from my kids. Yeah, but I'm hesitant to do that. What do you think? I think most people go too far one direction or the other okay like he just writes the check and they don't feel any

pain and they just be bop off into the sunset right or he does nothing and they languish for years when he could have stroked a check and bailed them out. Helped them out. So the only thing I've been able to figure out that's kind of in the middle is if you're going to get my money, you're going to get my coaching. Comes with strings. There you go. And my coaching has nothing to do with me. It's not about controlling.

It's about you're going to be on a path that i agree with or i'm not financing it right and so if you could get them on a strike on a tight budget they're not out spending money like they're crazy they're like they're in congress or something they're they're you know they're on a budget they're working hard they're making progress and you agreed to match everything they throw to the student loan uh as long as they're on a path now if they're paying ten dollars on the student loan and they make 350 000 no they're not on a path but if they're putting 150 000 on that student loan or 200 000 on it and they're going to do that in 18 months or something and they're going to live on beans and rice and they're

going to do the stuff then i you know they they're going to live on beans and rice and they're going to do the stuff, then, you know, they got their engine running. I'll pour some gas in their engine. I like that. Okay, so no new cars, no big house. Yeah. They're working a plan that I think they should work. Right. Which is what they would have to do if I wasn't there as dad.

Right. And this guy putting the dad shoes on with this guy, right? But if I wasn't there, what would they have to do? Well, they'd be dirt under their fingernails man i mean they'd be scratching and clawing right and so uh but there's a difference between abandonment on one end of the spectrum enabling right on the other end of the spectrum which is just like oh it's just not fair you get the student loans we're just gonna write them a check and just forgive all their student loans and all this crap's happening in washington right and it's sad that the girl's got student loans and i don't want her to i feel bad for if you

got student loans out there i feel bad for you but i don't want the government to forgive them right i want you to work them and i want us into society to come around you and i want them to stop making the student loans before they start talking about forgiving them by the way that's a side issue too but um anyway i said that on ourorrowed Future podcast and didn't stir up near as much as when I said it on Fox this morning. But anyway, the point being that, yes, I want to help them, but I want to help them if they're heading the right. If they're equally invested in helping themselves. If someone is not doing good things for themselves and you finance that, that is not helping them. Correct. That is harming them.

It's enabling them. That's right. That's giving a drunk a drink. That's buying a cocaine addict his next bag. Right. You know, it's like, oh, you're a weed addict. Here, I'll buy you a bag. You know, I mean, that's not helpful to finance misbehavior,

finance behaviors that aren't causing them to win. But if they're moving in the right direction and I can come alongside them and say, hey, what if you did this, this, and this? And if you did those three things and you really play through, I'll do this to put some gas in your little engine. Right. But let's get the little engine going down the little engine that could, right? Going down the tracks here.

And then I will join hands with them. But, you know, another example of that is I had a friend that's very wealthy and he refused to pay for a dime of his kid's college because he had to work his way through. And so he appreciated his education because he had dirt under his fingernails, and he had to scratch and claw to get his education. And he's worth probably a billion dollars. Wouldn't pay for a dime of his kid's college. And I respect that. I understand his reasoning.

And, I mean, he's hardcore, right? Right. I paid for 100% of my kids' college. Yeah. But I did not pay for 100% of kids' college who were misbehaving. Right. They were walking with God. They weren't down there sleeping around all over the campus.

They weren't doing drugs. You know, they weren't drunk in their bed and missing classes. You know. So they were functional students bringing home grades, walking a lifestyle and a life that I approved of. I'll finance that. Well, they need to get a job. That is their job then is behaving. And in that world, that's a big job.

And I want to talk to folks that are my age, that are younger than me, that are thinking about college. If you take money from somebody else, they get to speak into how you spend it. That's how that works. And going back to our original – That's not controlling. No. That is a part of the – that's a part of the agreement. If I give you money to go to college if i give you

money to pay off your student loans i get to speak into how you spend it because it's mine it's a gift right and it's this i goes back to that yeah the guy called me from michigan one time he said my son has decided he's going to an expensive school that we can't afford so it's going to mean student loan debt what do i do hey my son told me this is what he's doing and i said well it starts way back when your son started telling you stuff this is a six hey my son told me this is what he's doing and i said well it starts way back when your son started telling you stuff this is a six-year-old problem this is an 18-year-old problem my son doesn't tell me stuff i tell him stuff that's how that works yes especially when it's me writing the freaking checks so i'm gonna tell you where my where your little butt's going

to school if i'm paying for it that's right and so we don't need to visit colleges i'll help you with this that's right that's right you know because i mean you could visit two there's two here that are in your budget you can go look at them i don't even need to go with you and so you don't fall in love with the beauty of the college campus and go 250 000 in debt to get a degree in left-handed puppetry but it goes it goes back to that conversation we're talking about in a segment ago i want everyone to understand when you take money from somebody you're also taking whatever else they're going to hand you right whatever else they're going to demand of you whatever else they're going to make you do well and you know when we start talking about you know we'll parlay this this guy the answer

the question for me is if they will do smart things help them help them do smart things but if they don't want to tell them man yeah I don't care if you're a veterinarian. I don't care if you're a surgeon. I don't care if you're a medical doctor. If you have $400,000 in debt, you're going to live like a freshman in college until you get this stuff paid off. I don't care what people in your partnership. Don't talk to me about buying a recliner. Sit on the beanbag.

Yep. I don't care what your partners are driving at your veterinary clinic. You drive your old car until you get this stuff paid off, man. Yep, exactly. And if you're waiting around the government to fix it, let me tell you what happens. Okay? They announced, you can probably tell me, probably a little, well, it's 15 years ago, roughly, the federal government announced that the private student loan forgiveness program.

Oh, man. If you work 10 years in an underserved situation and you pay your bill on time we'll forgive the remaining of your debt that is still there at the end of 10 years day i worked with these law students 175 439 people have applied for that 175 000 people applied for that to date 3 000 of the 175 3,174 have gotten it. I worked with so many wonderful kids. If you're waiting on the government to fix your life, including the discussions that are going on up there right now, your life's going to suck because you're worshiping a

dead God. This is the Dave Ramsey Show. Did you know that over 16 million people listen to The Ramsey Show every week? And a lot of those people listen on one of our 600 plus radio stations across the country. To find a station near you, head to DaveRamsey.com slash show.