The Ramsey Show - App - Should I Stay in a Job for the Health Insurance? (Hour 1)

Episode Date: July 15, 2022

George Kamel & Ken Coleman discuss: Staying in a job for the health insurance, Buying property with cash or a loan, Where a young teen should save the money they earn from a job, Picking between two financial advisors. Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6

I'm out. From Ramsey Network, this is The Ramsey Show. We help you get control of your money, get ahead in your career, and get on the path to living well. I'm George Campbell, joined by bestselling author Ken Coleman today, and we are taking your calls, 888-825-5225. If you're at a crossroads with your money, your life, your career, you've got a toxic boss, a toxic workplace, you're not sure what to do, should you sell the house, we are here for you to give you some confidence, some encouragement along the way. 888-825-5225.

You ready to go, Ken? Let's go. We've got to get to help some people, but later in the show, I want to talk about that denim jacket. Oh, thank you. That's for later. I thought Ken's very persnickety on this Friday, but I like it. Great word. Let's go. Let's go. Well, Liam is waiting with bated breath on the line in Chicago. Liam, welcome to the show. Hi, guys. Thank you for taking my call. Absolutely. How can we help? Okay, so here's the thing. I've been in my current employer since around 2014.

I feel a little bit, you know, I'm not passionate about the work that I do, but it's a good job. The people that I work for are good people. I have a good boss. He takes care of us. But I think my life is defined more than my current pay hourly wage. And I would like to make more because I feel like I can't even afford the things that I want to get for my wife. How much do you make right now, Liam? All said and done, it's around $45,000 a year a year yeah man we you are worth so much first of all there's no value you can put on a human you're invaluable but as far as your earning potential

yeah man we need to be doubling that and being on a path to doing that soon how does that sound that's fair and all the only reason why i am hesitant to even look for a lateral move or something significantly more is that my daughter has special needs. And the insurance of my employer has been a life sentence. If I didn't have the insurance we had for her, we would be destitute. Totally understand. She's had four brain surgeries before the age of four. Oh, my gosh. How is her health right now?

What is the long-term prognosis? What can they tell you? What are they telling you? Well, she was diagnosed for epilepsy at 47 days old. Oh, my goodness. And we've been on and off. Each one of these surgeries was there was some respite, and then it comes back. We just had a surgery back in March.

Okay. So not real sure. Is that the answer? Really not sure if or how many surgeries? Yeah. So it's possible she could have more surgeries? If that or just doctors say there's nothing else they can do. Okay.

Well, first of all, my heart breaks as a daddy. I get that. I hate that. And I understand the fear. But I want to challenge the fear a little bit, but I want to do it with some numbers, not with a rah-rah speech. How does that sound? It sounds fair. All right. Now, you have a pretty good idea about what these surgeries and what these procedures cost, or you have a pretty good idea about what these surgeries and what these procedures cost, or you have a very good idea of what percentage of the expenses that your current health care plan and your benefits cover. Correct? You've got a pretty good idea of what your deductible is.

So you're a pro at this now, right? Oh, yeah. Oh, my God, yes. There we go. So here's the deal. As you begin to look outward, keep in mind we're not leaving. We're not leaving. We are not going to put your benefits in any kind of jeopardy at all.

But what we are doing when we are looking is we're going to have conversations and we're going to say, hey, what's the health plan like? And you don't have to lead with my daughter has had all of these surgeries. That's none of their business. But you can ask informed questions in the interview process, and certainly when somebody makes you an offer. And you can ask questions. Hey, I want to get a good idea.

Benefits matter to me. People understand that. That's not an outrageous statement. And so you can find out. You know the trigger points that you're looking for. So you ask questions around those things. And my friend, if it doesn't work, walk away. But you should be not only confident that other companies have very good health care plans because they do. You should also be confident that you

making double what you're making right now is also going to help out with any medical expenses. So I understand the fear, but I was talking about this today on my show, George, and it's fresh. It's like the hot now sign at Krispy Kreme. I just, I mean, 20 minutes ago talked to a caller about this. So, Liam, I'm going to teach this to you because I think a lot of people right now in this audience, for a variety of reasons, are dealing with fear and doubt.

And Liam, I want to explain to you the difference between fear and doubt. Fear is I'm afraid that something bad is going to happen. Doubt is I don't believe something good can happen. And I think you are absolutely getting crushed. The left hand, you know, the fear monster is just jabbing you right in the face. I'm afraid of financial ruin if I take another job and my daughter has more health care issues. And on and on it goes. And then doubts coming in with the right cross over the top going, you're not going to find another company with health care benefits like this. Does that sound about right, Liam? That sounds about right.

I don't i don't believe i'm even educated you're not you're not and that's the answer you're ready for this sure when we have fear and doubt we need to george we put them on paper and we write them out so we can see what specifically am i afraid of so liam you know i'm not going to make you do this on the air but this is the exercise you have to write down down, I am afraid of, I doubt, and you write it down. Now, underneath the voice of fear and doubt, folks, you've got to understand that there's something under the surface. And what's under the surface of fear and doubt is a lack of information, the unknown. And so when I look at the voice of fear and I look at the voice of doubt and I go okay what's driving me nuts here is that I've left my brain to the vacuum of the unknown and just

all these horrible things are running around like it's all the what ifs all the what ifs so what you have to do Liam in this case is specifically begin to look out for jobs and look for health care benefits and put yourself out there knowing that we're going to go date, but we don't have to marry a company. And if we find out it's the right marriage and we get answers to the health care question and we get answers to, can I grow in this job? Will somebody want me? Will somebody pay me more than $40,000 a year? You've got several unknowns that you're allowing to paralyze you like you're in a dark cave and you can't see your hand in front of your face, and that paralyzes us all. So we shed light in the cave and we put on the flashlight or we have a torch.

Now we can see and now we can move. And so you've got to do this right now. You have some specific questions that you need answers to, and George, when he gets those answers here's what happens you get clarity and then clarity breeds confidence and confidence breeds courage to move forward when i'm clear i'm confident that i should go that i can go i know how i'm going to go and then when life throws the the next surgery your way liam we have courage to walk through it because hey we've done the homework we know where we're supposed to be. We know the income we can make. And so that's what I want to encourage you with. Beautiful.

Liam, how do you feel? Feels good. I'll take that. Liam, start looking today. Looking doesn't mean you're leaving your safety. We don't leave, folks. Financially, the Ramsey Show, we're never going to tell you to leave. Get the boat close to the dock.

Yeah. You just step onto it. Yeah, this is not an extreme sport here. And Liam, hang on the line. Austin's going to tell you to leap. Get the boat close to the dock. Yeah. And just step onto it. Yeah, this is not an extreme sport here. And Liam, hang on the line. Austin's going to pick up. He's going to send you a copy of Ken's book, From Paycheck to Purpose. I think it'll be another tool in your tool belt for encouragement along the way as you find that new job. Let's also give him, Austin, a link to the Get Clear Career Assessment.

So we can give him some ideas. He's getting the whole kit and caboodle. Let's do the package. This is The ramsey show you know it still amazes me that so many people go without id theft protection when i recommend something it's based not only on the quality of that company and their product, but also whether people really need it and if it's worth the cost. Look, 25% of all U.S. consumers were impacted by ID theft in 2021. 25%! It's a digital society, people. Your personal data has likely already been part of a data breach, and

devices are getting hacked everywhere every day. It doesn't matter what your age or income is, if you're single or married or whatever, everyone is at risk, even our kids. And the only plan I recommend is from Zander Insurance. Zander uses state-of-the-art cyber tools to help reduce your risk and take over the work if you become a victim. They also cover your bank accounts, and kids are free on their family plan. There's no smarter, more affordable way to protect yourself, which is why I recommend them. Go to Zander.com or call 800-356-4282. welcome back to the ramsey show i'm george camel joined today by ken coleman and we are taking

your calls about money career life it's all here on The Ramsey Show. Give us a call. 888-825-5225. All right, Ken. Last night, it was epic. Big night. Live stream. Real estate reality check with Dave, Rachel, and myself. Right out there in the lobby. It was electric.

Was it? I didn't watch it. I feel like I have to confess. There were graphs. There were Tesla jokes. Really? It was all in there. Oh, Dave doesn't like the Teslas.

He's not a fan. And he was surrounded by two Tesla owners. By his own data, he said that driving in a Tesla, there's a higher chance of dying than skydiving. He made that up. Well, apparently, he said he pulled some data. He said he did a Google and that many people die in Teslas because they burn up on the streets. I bet you I know what he did. I think Dave probably got creative and he looked at some car accident, you know how often car accidents happen?

Oh, yeah. Versus skydiving. And he just went, okay, well, I'm going to apply this to Tesla. So in his mind, it was technically correct. A little bit of a stretch, but, you know, he's Dave. Yeah. He's Dave. He calls it a battery with four wheels because it doesn't go

vroom vroom. He doesn't think it's a real car. So there we go. I want to know if Rachel has gotten him in the car for a ride. I was wondering that as well. He dogged Rachel and I for both driving Teslas. You know what I feel like, guys? For our YouTube guys, I feel like the people want to see Dave riding shotgun

with Rachel or George in the Tesla. The audience George in the Tesla. The audience out in the lobby is – They want to see it. They're clamoring. There's a resounding response out there. So this is what the people want. It would be a great YouTube video. Well, you know, all Tesla jokes aside, the event was great,

and the good news is a lot of people are reaching out to me saying, hey, I couldn't watch it live. The good news is the replay is up. So you can go to razysolutions.com slash reality check. Watch the replay. It's an hour long, and it's worth it. It's very encouraging. There's a lot of anger, a lot of frustration.

I'm going to go watch it. I'm not in the real estate mode, but I want to watch it. I appreciate that. I wasn't able to watch it last night because I was on the golf course. You'll have a good time. I was trying to wrap up nine holes there before the sun set. How'd it go? I hit the ball pretty good.

Par? Huh? You hit par? Did I hit par? Is that what they say? Folks, this is, God love him. I've got so much training to do, folks. He's such a bright, charming guy and knows nothing about sport,

and I don't judge him for that. He talks a big game, but who did I beat in mini golf, Ken? This is a true story. Let me remind you. Later in the program, we'll tease this. Later in the hour, there was a time where George technically beat me in mini golf, Ken? This is a true story. Let me remind you. Later in the program, we'll tease this. Later in the hour, there was a time where George technically beat me at mini golf, but he holds it over me. There's no technicalities.

It was a wash. All right. Let's move to the calls. That doesn't make sense either. That's what the people are here for. They're here for wisdom, not your wit. They don't want to hear how good I am at putt-putt. They want to hear life-changing calls.

Here we go. Let's go. Lindsay joins us in Texarkana. Lindsay, welcome to the show. Hi. Thank you all for taking my call. Sure. What's going on?

So my husband and I recently moved, and with our move, we were able to sell our home. We made a pretty decent profit on it, and now we're currently renting in our new city until we can find something we want to buy. And there's 50 acres that recently came up for sale that we're interested in, and we're trying to decide if we should buy it in cash or if we should finance it so that we have more money to put down as a down payment to build with. What's it cost, the 50 acres? $125,000, so $2,500 an acre.

Wow. And how much money do you have in cash? A little over $200,000. Nice. Does that include your emergency fund? No. Okay, so outside of that, you've got $200,000 to throw into this real estate deal. So if you paid cash for it, you'd have $75 left over to start building. Yes.

And how long would it take to build? And how much would it cost? It's costing anywhere from like around $150 to $180 a square foot here. Building would probably take a year, maybe a little bit less. Okay, so one year to build, but you're not sure of the cost of it. Are we talking $200,000, $300,000, $400,000? Probably between $300,000 and $400,000. Okay.

We haven't gotten actual bids to build yet. Yeah. Well, I would pay cash for the acreage and then try to cash flow as much as you can along the journey and then whatever mortgage you might have to take out uh for the build that's what i would do yeah about 50 acres i mean is there more to this than just having a plot to put a house on because obviously that's a lot of acreage well we'd like to farm it eventually there we go okay there we go so this is the dream is you want to run this 50 acre piece of land farm it out live on it see that's what i wanted to know george so lindsey like when this

thing popped when you guys saw this i want to know what was the reaction and the conversation like between you and the hubs well we've been looking for acreage for a while um and we found this place and and really liked it it seems like it it's got good ground and it's not in a low spot or anything which is what we've we've ran into so far so you've done your research pretty excited yeah that's what i wanted to hear see i i like george's play here i you guys are really excited i i think ge is right. I'd jump on it if you do all of the due diligence. I mean, exhaust, like I think

you're a very smart person and you guys are very savvy. I would do all the due diligence to make sure that this thing, again, perks for what you want it to perk for, right, based on the size house, maybe eventual expansion. Is it good soil to farm? I would do all the due diligence, but I because you guys were so excited about it,

and this is your destination, it feels like to me, I would jump on it. Because even if you had to live in a trailer on that land for two years, I'm not suggesting you do that, but I'm saying this is a, you have the cash to buy it outright, and a good chunk to put down on building into George's Point. Now, you'd have to get a construction loan. Would you be able to do that? I think so. Okay. Do your homework. Yeah, I would look into those pieces of it so you don't get halfway through this and go, oh my gosh, we're not going to be able to do this. So I would get the numbers on paper to take away all the unknowns,

all the fear to where you go, okay, we can afford this. We're going to do a 15-year fixed, less than 25% of our take-home pay with that strong down payment. We're going to pay cash for this land. I think it's a great plan. Okay. Proud of you guys. I appreciate it. It's awesome.

Love to hear that. George and I want to come out and do a hunting trip because, you know, George loves to hunt. Never done it. Never done it. What are we hunting? Pheasant? What's out there?

Oh, I like that you pulled pheasant. That was a pretty good pull. It felt right. I don't know why. I'm very impressed with that. I don't know what they got. I know they got hogs. Yeah, well, the wild hogs would be fun.

I don't think you can hunt those. Oh, sure you can. Oh, all right. Yeah, and you got deer, of course. Have you ever had venison, George? I'm just going to start naming every animal you can think of. No, no. I actually, I like the deer.

I've had some venison. I've had jerky. Venison jerky. Yeah, venison is very lean, very healthy meat. But you gotta get up early, George. You gotta get up early to get the tree seed. Yeah, let's go. It's 4 a.m. Let's get out there. I go, no way. I'm sleeping in. Nothing is worth this.

Anyways. Ken, I gotta mention the jobs here at Ramsey Solutions. A lot of people Hiring, hiring, hiring. They reach out to me and they go, hey, can you get me a job? They're trying to do proximity principle, but in a weird way. They'll just like send me a cold message on LinkedIn. That's not the right way to do it.

I want to work at Ramsey. Can you help me out? Yeah, right. But I will say, we talk a lot about our mission over here to change America's toxic money culture. And it makes us mad to see people get trapped by debt and this whole toxic culture out there with leadership, with career. And we're on a mission to change lives. And if that's a passion that you share with us,

you got to check out all the exciting roles here at Ramsey Solutions. We are looking to fill a ton of them right now. There's never been a better time to find a job doing work that matters. And specifically, we need some great developers, some user experience designers, and writers to help us build all of these digital products that change lives. Can I tell you a job that we're about ready to post if we haven't posted? Tease it. Looking for an associate producer of the Ken Coleman Show. Whoa. Screening calls.

Working on the show, helping people. So that's a broadcasting thing. I'm just telling you. I don't know if it's posted yet, but it's coming. Yeah. Well, if that suits your needs. How about that? Go check these out.

RamseySolutions.com slash careers. You can also see what it's like to work with us before you ever apply. You can follow us on Instagram and Facebook by searching Ramsey Careers. And people think, well, what do they do around here? We have literally every position imaginable. Our team is over 1,000 people from customer care to writers to developers to creative folks to the super nerdy folks, the data analysts, you name it, we got it. So check it out.

If you want to work with Ken Coleman and I, that is living the dream. Well, I don't know about that. They get to decide that. But I know there is a person that works on your wardrobe. That is true. That's a high-stress position if you know George. Oh, my goodness. The level of drama we went through yesterday for wardrobe. That is true. So that's a high-stress position, if you know George. Oh my goodness. The level of drama we went through yesterday for wardrobe.

Unbelievable. That's why they call me a diva. I love it. Well, hey, we got more of your calls coming up. 888-825- 5225. Join us. This is The Ramsey Show. Thank you. This is The Ramsey Show. I'm George Camel. Next to me, my friend Ken Coleman. We are taking your calls, 888-825-5225.

But we interrupt the scheduled programming to bring to you a debt-free scream on the stage. We've got Dave and Holly. How are you? Good. How are you? Where are you guys from? Outside Philadelphia. Wonderful.

The city of brotherly love. Oh, Ken's a big history buff. You can go all day about the Liberty Bell. Don't get him started. So, guys, all the way here to do a debt-free scream. How much debt did you pay off? Yes, sir. We paid off $117,335 in 28 months.

And what was your range of income during that time? We were right around $120,000. Awesome. What do you guys do for a living? My primary profession is a teacher, teach health and phys ed at our local high school. And then also I work at our church and also paint and power wash on the side. Wow. Busy guy. Can I just say quickly, George, that it's nice to see a PE phys ed teacher that looks the part. Yes. That is true. Can I just say.

I chuckled a little bit in my mind because I went, he actually looks the part for once. If I'm a senior or junior who's got a bad attitude about push-ups, I'm going to pay it. Then this guy looks like he's done a few. I could outrun all my PE teachers growing up. So this guy I could not outrun. My PE teachers growing up couldn't get up the stairs. Were you going to say you can't fit in my skinny jeans? I was.

I was. That's a sick burn. Hey, George, like one of your legs is all of George's jean combined. That's what's going on. Chicken like Coleman over here. Well, guys, back to your story. That's what we're here for. So what type of debt was the $117,000?

Before we say that, my wife is also a ministry coordinator at our church. Oh, nice. You guys are plugged in. We are. That's awesome. You get to work together in that capacity. Yeah, it's awesome. That's cool. Yeah. So our debt was primarily student loans. We had $8,800 in our car, and then the rest was all student loans. Wow. Heavy on the student loans. Wow. Yeah. Heavy on the student loans. Whose degrees were they? Well, mostly mine because I was a nurse for 10 years before I quit and started working for our church.

Oh, okay. Gotcha. Cool. Okay, so you guys decided 28 months ago, we're not going to wait around for forgiveness. We're just going to get rid of this thing. How did you get started on this journey and plugged into us? Well, um, the summer before in 2019, we, I'm a like saver and, um, he's more of a free spirit in that aspect. So he was like, let's build a paver patio. And I was like, great, let's do it. Do we have the money? And he was like, yeah, yeah, we'll be fine. And I'm like, okay, great.

So we got into the project and then we realized maybe we weren't so fine. And that just sent me into like a panic. And then in January, our church offered financial peace. And I was like, we were both like, we need to do something because one month we would have way over what we needed. And then the next month we wouldn't have like anywhere near what we needed. So we started in January of 2020, which was such a blessing because that was right before the world shut down and um if we wouldn't have done that we would have totally panicked and not been able to survive so wow that's awesome without knowing it we were dave ish i didn't believe in credit cards um i read one of dave's books long ago from a friend and i was like ah that's good

advice but you know education loans like that I was like, ah, that's good advice. But you know, education loans, like that's necessary. Like a car loan, that's necessary. And then after taking those classes, we were like, no, this isn't necessary. We know too much now. There's such a better way. Ignorance was bliss. Yes. And then we realized we're broke. Maybe we should learn something.

Yeah. That's awesome. So proud of you guys. So what was the hardest part of this journey for you? I guess the hardest part was the last push. We had several smaller loans that we got that snowball rolling and it felt really good. We had some money saved initially that we were able to throw at it right away. And that kind of gave us like a jumpstart, but the last debt was like over 40,000. And so even as we're rolling our snowball into it, we're like, this feels like it's going to take forever. Um, and so that last push was hard. Um, but it was also fantastic. We had like the little chain set up in our, uh, in our house. So the kids could help us cut off the chains and we have like the little prize chains that we got every 10,000.

We were like, okay, here we're going to do a little celebration. And here we're going to do a little celebration to push through. Wow. Wow. So I want to stay where you are talking about how hard it was. You're talking about the push. If you wouldn't mind, I want you to share maybe both of you. What was specifically, like really specific, what was so hard in that last push?

Was it maybe a fear of missing out? Was it, I mean, I want to know what the real challenge was, whether it was mental, emotional. What was tough for you guys in that last push? Well, I just think like when you're building momentum, you're excited. You're like, yay, yay. And then it just seemed so big. And so like all of our friends were like we're doing this and we're like we paid off so much we're so close and yet so far so our friends like

um always wanted us to do stuff we're like sorry we're still working hard so um yeah and it was hard because i mean the lord provided lots of opportunities for us but like he was working all the time so because i mean he doesn't tell you he also coaches wrestling and he was like picking up side jobs. He'd be like, so what are we doing this Saturday? And he'd say, uh,

you want to come paint and power wash with me? And so that's how we spend a lot of our weekends and the kids came with us. So painting and power washing as a family has become, you know, something so cool. Yeah. We say more is caught than taught.

And I bet those kids saw some really cool stuff with that kind of work ethic and discipline and sacrifice, that sticks with them. Absolutely. I mean, we saw the Lord's provision time and time again, and not in a God just gives you money, but in a God provided opportunities for us to work, and then he gave us the discipline to be able to put it in the right place. Wow. I want to pause there, Ken.

This is interesting. The opportunity was not a winning lottery ticket. It was God provided an opportunity for work. Yes. That's interesting. A lot of people don't see that. He's working all the time. And not only is that hard physically,

that gets to be hard mentally and emotionally. You don't see those cute kiddos, your beautiful wife, and you start going, goodness gracious, and yet you keep pressing on. What is that? What is that? You've just walked through it. I want you to tell people who feel right now, they're where you guys are.

They still have $40,000, $60,000, $100,000 left. They go, we've paid off a lot, but it feels like we're never going to get to the top of the mountain. I think you can preach right now. What kept you going? Power washing, painting to get to the top of the mountain. I think you can preach right now. What kept you going? Power washing, painting, never seeing the wife and the kids. I mean, Dave says all the time that no discipline seems pleasant at the time, but it yields a harvest of righteousness.

And that is so true. That while in the moment it's not pleasant, you know that what's on the other side of that is totally worth it. I think this course and this whole program is so aptly named financial peace that you can experience peace outside of finances even in all of your life when you know that together as a family, you're heading towards the same goal. Yeah. I think it's important too. We changed their future and our future. So we took all of... Our parents were always like, yeah, debt is good and it's okay to have dad you need a credit score and we like we're like now in this place where we can say to our kids that's not where you want to be like you can do this without it and so we've been super blessed to be able to you know change their lives and that's like the motivator i love that

we'll bring them up on the stage what's their names ages? Who do we got with us today? We have Mara and she is five and this is Levi and he's seven. Cute. I love it. And they're not scared of work. They've been seeing dad and mom hustle on the weekends and they love it. Guys, we're so proud of you. Thank you.

We've got a copy of Dave's number one book Baby Steps Millionaires. That's your next chapter. As you said, changing your family tree, not just financially, but character. And you've seen that and you've walked this walk and we're so proud to have you guys. We also have a copy of the Total Money Makeover for you to give away to your friends who are confused why you couldn't go out and hang out with them and eat out. And you go, this is why. This book changed our life. On top of that, we're going to give you Financial Peace University and Every Dollar, all part of Ramsey Plus. For a whole year, you can give that away or go through it again.

We just updated it with some new lessons. Maybe the kids can enjoy it too. Yeah. All right. Before we do that, can we just give a shout out real quick to a couple people? Our friends that are with us, Kaylee and Ducky. We have some folks at home, Aaron and Kelsey, who walked through this with us. And then also Keith and Stacey, who are on the other side

and encouraged us saying, it's good, get there. I love it. Got to have those cheerleaders. All right, let's get to it. It's Dave and Holly, Levi and Marl from the Philadelphia area. $117,355 paid off in 28 months, making $120K. Count it down. Let's hear a debt-free scream.

Three, two, one. We're debt-free! Woo! Wow, a lot of power from the little Mara and Levi over there. Hey, they practiced and they performed. They brought it. Because they were a part of this journey. Love that.

That was visceral. That's what this is all about, guys. If you think you can't do it, watch this show. Listen to these stories. These are everyday people just like you who decided things don't have to stay the same. And we believe you can do it too. This is The Ramsey Show. Thank you. Welcome back to The Ramsey Show. It's a show about you, your life, your money, your career, everything that matters to you.

We want to help. I'm George Campbell, joined today by Ken Coleman. Open phones this hour, 888-825-5225. Zach joins us up next in Greensboro, North Carolina. Zach, welcome to the show. Thank you. What's going on? I'm 14.

Oh, nice. I'm 14, and I'm calling because I started a business five weeks ago. Cool. Where I unload the cars of vacationers. What? This business has... Hold on a second. Hold on. This is fantastic. Des? Hold on a second. Hold on.

This is fantastic. Describe this in a little more detail. So what I do is I put a post out on Facebook, and I work with people to set up a time for me to come over and unload their car for them. When they get back from vacation? Yes, sir. I did not know this was a business opportunity.

So what are you charging? $25 for a car and $35 for an SUV or van. Wow. How many people have you got to do this? I've unloaded about 20 cars and made almost a thousand dollars in profit. Oh my goodness. And is this exclusively in your neighborhood or is it kind of branching out in your, in your area? It branches out a bit, but I'm staying pretty close. I'm impressed. So are these like elderly people? Like why can't they unload their own cars? Just a convenience thing? A lot of people I work with are either elderly or have had some medical surgery.

Okay. That's what I was wondering. Like, Ken Coleman can unload his car. He might like the convenience of someone doing it for him. Ken Coleman's got three teenagers, two of which are boys, and I'll tell you who's unloading the car. And they're doing it for free because I give them food. Good for you, Zach. So how can we help today?

Yeah. Wow. I'm calling to ask if I should put this into my car fund or if I should invest any of it. Oh, wow. Well, my feelings on 14-year-olds investing are that you need to invest in Zach right now, and you're doing a great job of that, starting your own business, this entrepreneurial journey. So I would put it towards your current goals. Investing is a long-term thing, and you've got plenty of time to do that, and I have a feeling you'll do very well in that arena. But right now,

I want you to focus on the next four, five, six years of what your future looks like. So that means getting a car, paying cash for it, a reasonable use car, being able to cash flow any kind of education you get in the future. And then once you've got your career set out, whether that's after you go to college or if you skip that and go down the entrepreneurial path, that's what I would be doing. So I would definitely save that for a car. Yeah, absolutely.

Zach, I must ask, because I think a lot of adults could learn from young Zach. I really do. Yeah. So Zach, I'm curious how you came up with the idea, because now that you've told me specifically who your target audience is, that leads me to believe you heard about the need, or were you brainstorming, hey, I wonder how I can make some money, what about people that are older, what about people that have some medical issues and they can't pick up their bags?

How did you come up on this idea? So I heard about the need, and I just thought, where did you hear about the need on, on Facebook? My mom was actually telling me about it because I'm not on Facebook. Right. Good for you. Yeah. And so she just read some stories, some posts where, I mean, tell me a little bit more. She saw a post on a group basically asking if they had this service. Wow. And so when she mentioned it to you, like how quickly did you go, I'm going to try that? Did you kick it around a little bit? Well, what happened?

I kicked it around a little bit, but I'd been looking for a job, and I always had loved the idea of starting my own business. So when I heard about the idea, it was a pretty easy decision. Yeah, I love it. Okay, I want to add one little thing. He's a very mature 14-year-old, I might add. It is. He's not out there.

Are you playing video games, Zach? Are you enjoying your childhood? Yes, sir. I'm definitely enjoying my childhood. Yeah, he doesn't strike me as somebody like you that was a shut-in you know what i mean he's he's got a life george uh but but zach let me ask you this you've always wanted to own your own business so i want to add george's advice was great advice was great but but i would be saving every penny besides some fun stuff and um uh the car so like just a b 14 year old zach you got some

spending money and then everything else in the car uh but then when i once i saved up for the car i would be putting every penny besides just fun stuff for zach into the future zach inc and what i mean is is that i think the more you do this and you work for yourself and you help people out i think ideas are going to formulate uh or you're going to realize wait a second i can do very well at this and get myself to a position where i can be a teen entrepreneur uh by doing multiple business starts while you're still in high school so i love you saving saving saving to give you options because i just think you're that kind of kid yeah but. But it sounds like you know what's next, and then that's your next goal is saving up to pay cash for that car.

Yes, sir. Call us back. Let us know what it is. I want to follow your journey, Zach. That's awesome, man. Good for you. This gives me a lot of hope for the next generation, Ken. Listen, I'm the resident Gen Xer here on the show today.

And you have teenagers. I have teenagers. I get a little upset when people of my generation or boomers just kind of randomly paint younger generations with a broad brush. They did it a lot with millennials. Your generation. They go, they don't like to work. And they think that's garbage. You're an example.

You're one of the hardest workers i know your path to being a ramsey personality was was one of perseverance and and hard work and i just think that you know you look at these 14 year olds and we shouldn't be so shocked because character is in every generation and uh he's got character he's got he's got some gumption uh he's got a vision for the future. And we shouldn't be so shocked, you know, and paint people with a broad brush. I love it. Very interesting stuff. Thanks for the call, Zach. Appreciate it.

Gabby joins us up next in Orlando. Gabby, welcome to the show. Hi. Thank you so much for taking my call. Sure. How can we help today? So my husband and I are on Baby steps four, five, and six, and we're super excited and we're focused. We have looked into the SmartVestor Pros,

and we have interviewed five of them and have narrowed it down to two. They're both giving very similar advice that aligns with what Dave would recommend. We really like them both. And so I'm having a hard, and they both also have the heart of a teacher. So I'm just having a hard time, you know, picking which one would be best for our, you know, retirement and future. And I just didn't know if you guys could help us make that final decision. Sure. We've asked, I mean, we've got a great resource online on our website about, you know, interviewing the financial advisors, but at this point, they're going to give you the same advice, probably put you in about the same funds.

And so it really comes down to, you know, what's the expense ratios? What are the fees? Who do we want to go with long-term? I have a question, Gabby. Do you have a choice and does your husband have a different choice? Are you both presenting as we're torn? I got to know. Come on, Gabby, tell me. Yes. What is it? We're both in the same boat. You're both torn. I know it's not the juicy answer, but we're both torn. And my husband is kind of has the mindset where whatever person I feel is best, he thinks as well. Okay, so let's put you on the spot. It's very hard. No, it's really easy.

So you're the one that called, Gabby, and it feels like you're the most heavy vote in the house. Your husband is, by the way, this is a smart husband, George. Oh, yeah. Happy wife, happy life. Your husband's no idiot, Gabby. So he's kind of put it in your boat. I think you're leaning towards one or the other, and I want you to, for a moment, suspend all of the technical knowledge,

heart of the teacher, all that. I just want you to think about your personal connection when you sat with both. Can you do that? Run it through your head right now. You doing it? Okay. Which one do you just seem to like a little bit more? with both can you do that run it through your head right now you doing it okay all right which one do you just seem to like a little bit more personal connection no you already selected when

i asked you a question you selected one didn't you gabby i yeah one i'm leaning towards gives is giving me like the most advice and explaining it really well, but the other one seems to be more like kind of like an ant-type relationship. There it is. Now let me ask a question, Gabby, and I don't mind being wrong. You can tell me if I'm wrong on the air. When I asked you the question, your brain selected the ant-type figure. True or false?

It did, but I feel like that's the wrong answer. No, it's not the wrong answer. It's not the wrong answer. There we go. It's not the wrong answer. Here's why. The other one gave good information. So does the ant.

But the ant is the personal connection. And that's the key, I think, between this situation. Tough choice. Go with the trust and the connection. Follow your heart, Cappy. There it is. That puts this hour of The Ramsey Show in the books. trust there. Go with the trust and the connection. Follow your heart, Cappy. There it is. That puts this hour of The Ramsey Show in the books.

We'll be back with you before you know it. Do you love a good day, Brandt? Want to see the latest Ramsey Show videos going viral? Check out your favorite moments from The Ramsey Show on YouTube. Go watch and subscribe to The Ramsey Show channel on YouTube.