The Ramsey Show - App - Should I Take a Job Outside My Field? (Hour 3)

Episode Date: August 17, 2020

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Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, it's the Dave Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. I am Dave Ramsey, your host, Ken Coleman. Ramsey Personality and host of the Ken Coleman Show is my co-host today here on the air. Open phones at 888-825-5225. You want to talk about life and money and careers. Maybe you've got a job question.

Ken talks about it all day long. Already been on the air for a couple hours talking about it this morning on his show, which is broadcast on Sirius XM and about 50 radio stations around America, plus is an ever-popular podcast, The Ken Coleman Show. So, again, life, money, careers, we're here to help. We're going to talk about you, whatever you want to talk about, right in front of you. The phone number is 888-825-5225. Thomas starts off this hour in Houston, Texas.

Hey, Thomas, how are you? Hey, Dave, how are you doing? Better than I deserve. What's up? Well, we're about to sell our house. You broke up. Try it again. Sorry, we're about to sell our house, and we're going to use the net to pay off our debt.

Good. We'll have about $3,000 left over. I guess my question is, I know baby step three is build your emergency fund. However, we're going to be moving into my memos, my grandmother's house, for about six to eight months. We've negotiated that. So we only have a limited time to either do that or save for a down payment on a new home. What would you do in that situation?

Should I negotiate a little more time? Yes. What's your household income? I'm not at liberty to say right now. Well, nobody knows who you are. You're Thomas in Houston. Okay. You make north of 50?

You make north of 50? Yes. Okay. All right. So, and you said, did you say you're in the military? No, I'm actually, I work in one of the refineries down here in southeast Texas. And that's a big secret. Okay.

All right. Anyway, you're making some money. I just have some coworkers that I don't really want to talk about my income. I got you. Okay. Here's the thing. If you buy a house without an emergency fund, you are inviting an emergency. Okay. And so you need your emergency fund before you close on the thing. If you buy a house without an emergency fund, you are inviting an emergency. Okay.

And so you need your emergency fund before you close on the house. Now, how are we going to do that? You're going to work extra. You're going to negotiate some more time out of Meemaw. You're going to do something else. But it seems smart because everybody wants a house, and you want to own a house, you want to get a house even if you got to go move into a rental after your six months with me mall runs out uh then that's

fine i don't care about that but i would not buy without an emergency fund because it's like sending out a beacon signal a tractor beam for murphy crap to come into your life we see it all the time yeah there's no question about you gotta You've got to do the baby steps. You do the emergency fund because it's called an emergency fund. Buying a house is not an emergency. Yeah, yeah. You know, I was talking about Chris Hogan and I were on your show Friday, and somebody called in on a call like this, and I said, you've got to have the emergency fund because let me tell you what I know,

house happens. Your house will happen to you. And if you're not careful, all the progress you think you've made uh can really really go to the back seat and all of a sudden you're just you're regretting everything the other thing dave i had a red flag what if you bought a house and then covid hit and you lost your job yeah yeah now you resent the house now you're miserable you're scared you know it's just you gotta have the emergency fund uh but dave i had a red flag uh that i wanted to ask you about uh and i could be just reading into it but i didn't

like maybe it's just his choice of words but negotiating with me ma makes me nervous okay and what i mean by that is his family can sometimes be a really really tricky situation if if he was just using the word negotiation very loosely as in hey memaw can we stay for extra x amount of months that's one thing but if if it's like one of those you know she's only doing it for a certain amount of time and she's done with it it could create some tension there and it just made me it just triggered something yeah just be careful just be careful you don't want to mess up a relationship so she said six months and you need to go rent go rent that's what i think but if you sit down with her and you need to go rent, go rent. That's what I think.

But if you sit down with her and you say, okay, Memo, here's the situation. I need to have my rainy day fund, and then I need to have my emergency fund, and with my income and here's our budget, show her everything. Right. And then she's participating in you living the dream, you know, of doing it right and wisdom. And, you know, my financial coach told me don't buy a house until I've got an emergency fund because, meanwhile, he said, you'd understand that life happens and you need a rainy day fund because it's going to rain.

And COVID's going to come. I mean, something's going to happen. COVID's the worst example of a need for an emergency fund I've ever seen in my life because it was so massive and it scared the crap out of so many people. And it put so many, 40 million people out of work hello by the way so uh to start with and but but the you know it's it's if you have an emergency fund and you don't have any debt and life happens in your life or to the culture either one then you're ready and you're okay it changes changes the attitude, the way you sit, about the way you approach life.

So, yeah, please, buying a house is not an emergency. And the key here is he said he was going to have $3,000 left over. Let's put that in perspective, Dave. So that's $3,000. That's not going a whole long way on a down payment anyway. But that $3,000, well, that's – During the six months, he could either save up a down payment or save up the emergency fund was the juxtaposition. And that $3,000 gets you further with an... During the six months, he could either save up a down payment or save up the emergency fund.

Right. It was the juxtaposition. And that $3,000 gets you further with an emergency fund than it does a down payment. True. Well, you're going to get there either way. That's the right way to do it. Do it the right way. You won't regret it.

Be the little pig that built the brick house. It took longer, but he did not get blown over. That's good. Sandy is in Little Rock. Hi, Sandy. Welcome to the Dave Ramsey Show. Hey, Dave. Can you hear me?

Sure. What's up? Well, my husband passed away in June. Oh, no. Yeah, yeah. Fortunately, except for the house, we were debt-free. Wow. Still are.

I still am debt-free. What happened? Cancer. Oh, I'm sorry. He was diagnosed in January, and he was gone in June. Wow. How old was he? He'd be 54 this month. Wow.

I'm sorry. But, yeah, yeah, it was not what we were expecting. No, that wasn't the plan. It was not what we were expecting. No, that wasn't the plan. It was not the plan. The plan was to continue with the steps and, you know, do a bunch of stuff. But as it stands, I'm getting a little over $450,000 in life insurance. And I'm just wondering, I've got $221 a little over 221 on the house. And I am debating on either paying off the house. And then since I won't have a house payment, saving up money

that way, so that I can retire maybe in another four years or so. Yeah. Or if I should just invest the insurance and get an income from it. You already know I'm going to pay off the house, don't you? I kind of knew that, yeah. The second part of my question is, before we were enlightened, we had whole life policies. I'll tell you what, you hang on. We come back from this break. I want to make sure I take enough time with you.

You've had a hard year, and I don't want to cut you off with a 10-second answer. We'll be right back. 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 with no holes, no flap, and no bulk.

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Pre-order today in the online store at DaveRamsey.com. Okay, we're talking with Sandy in Little Rock. Her husband passed away in June, left $400,000. They're debt-free other than that, except their home, and $221,000 owed on the home. And, of course, she's trying to get through the fog of grief and make some decisions, and that's how far we got in the discussion. Did I miss something, Sandy? Not really. What I was asking about before we went to break was I have a whole

life policy and I know that I got it before I knew better. If I take the reduced paid up benefit, I will get $104,000 when I pass and I won't have to pay anything else into it. If I cash it out, I'll get, I forget if it's $32,000 or $34,000. And how old are you? I am 58. Are you ill? Well, I have had a heart attack, but other than that i've you know i'm fine okay who is counting on you uh for income if you were to pass that would need money well at right now uh my youngest daughter i i help her out every month how old is she she is 21 21. Okay. All right.

And then my oldest daughter, whose spouse has health issues, I help out every month, but not to the same extent. But realistically, you don't have to support these grown adults if you pass away? No. No, I don't. They will find a way. Okay. All right. So you don't have to decide anything today on the whole life policy, but you're under the illusion that it's paid for

because that's what the salespeople told you, okay? But here's the reality. The interest on $32,000 if it were invested at 10% in a good mutual fund would be $3,000, right? Yes. That'll buy a pretty dead gum good life insurance policy. You're not getting $3,000. You're getting $300 or $30 growth on this $32,000.

You're getting almost no growth on it. And the result, and they took what you should have been making and gave you a free policy and made you feel good about it. Right. That's all it is. And so, number one, you could cancel the policy or you could get a small-term policy if you wanted some additional money around for some reason for a lot less than $3,000 a year. Yes. Yes.

Okay, but today we're 60 days the other side of your husband passing. You don't have to make a decision today. Right. You can take your time. But the answer to your question is I would get rid of that garbage. That's what I was thinking. Yeah, when the smoke clears and you're thinking real clear and all that kind of stuff. I mean, you've had some time to deal with this because you had from January to June while he was ill,

but it's still a good idea to wait to make major financial decisions as long to give yourself a little room to cry. Yeah. Okay. So I'm okay if you don't cash the whole life policy until next year, but you will get around to it. And I just wanted to break the mythology that you're somehow getting free insurance because you're not. Nothing's free with insurance. Oh, no, I've paid quite a bit into this policy.

Yeah, but it doesn't matter. It's never paid for. As long as you're alive, there's a probability of your death, which costs them money. Yeah. And so you've got somehow somebody's paying for it somewhere, and you can count on it being you. Yeah, exactly.

All right. So now if you want to, it is a major decision to pay off the house today. It is also a major decision to invest the rest of the money that's left over after you pay off the house. I probably would wait on the investing part a little while, but go ahead and pay off the house. Okay. Because if you want to undo that later, you can undo it by just getting a mortgage. Right. We won't end up doing that, right?

But there's no downside to paying off a house. Now, the investing part, you know, if you kind of just are in a fog when you do that and then the market goes down because the president burps or something, then, you know, you start to be, oh, gosh, what a horrible year this has been. Well, yeah, it has been a horrible year. And so I want you to wait a little while, not because of the market, but because of Sandy. Just give yourself at least six months. So if I'm in your shoes, I'm going to set my clock in January or February or March and say, all right, I'm going to wake up then,

and I'm going to do something with the rest of the money that's left over after paying off the house in an investment, and I'm going to look at this whole life policy then. Okay. And just give yourself some breathing room emotionally. Is that okay? Yeah. Yeah.

I'm so sorry. Yeah, I was too. He was a good guy. What a hard year. If you need anything, Sandy, you call us anytime. We're here to help you. That's what we do. It changes everything.

It has been a year, Ken, that I think I'm told, Rachel, I'm going to have the biggest New Year's Eve party when 2020 is over. I'm going to have some kind of a blowout to celebrate this freaking year being done. It's great. I'm available. I'm available. If you want to invite me. I'll invite you. I'm going to invite myself to that one.

You're a pretty good guy to party. Yeah. I mean, if you're going to do. I'll invite you. I'm going to invite myself to that one. Yeah, you're a pretty good guy at a party. Yeah. I mean, if you're going to do a big blowout, then that means – now, what do you think is therapeutic? What is going to be involved in that? Are you going to burn something, blow something up? You know. Shoot something? I think the HOA would frown on me firing off automatic weapons, but it's tempting.

Yeah. It feels like there needs to be some ceremonial to be some you know death of 2020 silencers the hoa might not know you know they would not know they would not know they would not know see i forgot about the suppressors but we could have also some fireworks those would be illegal yeah and um let's try to do a lot of illegal stuff because i'll be 60 by then and you ought to do illegal stuff when you're 60. Yeah, okay. Since I've been doing it my whole life, so I'll do some illegal stuff. Right, right. Hold on now, folks.

Dave is a civil disobedience guy. He's not breaking the law all the time. I'm always civil when I'm disobedient. That's right. I would set you up for that, and you walked right into it. That's beautiful. I'm always civil. I'm always kind when I'm disobeying.

That's right. That's true. Yeah, I agree with you i think a lot of people are going to be excited to go into 2021 yeah there's going to be like prince needs to write his oh he can't but um somebody ought to write a song about this all the prince fans 1999 yeah uh you remember when you remember when y2k was going to bring the end of the world i gotta tell you this is and and i and and i have teased our good friend about this we have a mutual friend i won't say his name who wrote a book that scared

the crud out of a bunch of people including me i had more canned green beans and jugs of water than you could put into an apartment we were in a two-bedroom apartment right over by the marriott in cool springs ken is a hoarder in a two-bedroom apartment yeah because i literally i thought we were gonna have a generator in that third bedroom no but i had a friender in a two-bedroom apartment. Yeah, because I literally thought we were going to have to write it out. Do you have a generator in that third bedroom? No. But I had a friend who had a generator. But I bought all this stuff thinking, this could be a three-month deal. See, you bought canned green beans.

I bought ammunition. Yeah. That's actually a great psychoanalysis, folks. You make of that what you want. People are enjoying that in the lobby. Dave bought ammo. I bought beans. I don't know what this says, Ken, but it means I'm getting your beans

I think. That's the truth. I would have been out of luck. They'd have been like some clown on the third floor's got a ton of green beans and he's not armed. I would have fed the whole apartment community. I thought I was so smart. If it's going

downhill, it's going way down. That's all I figured. I bought the fear. I bought the fear. I bought it's going downhill It's going way down That's all I'm figuring I bought the fear I bought it Hook, line, and sink Y2K We need to name 2021 something positive Something like the year of the monkey

Or something Oh my gosh This is the dave ramsey show On the debt-free stage right here in the Ramsey Solutions Lobby, Larry and Carol Lee are with us. Hey, guys, how are you? Good. Good. How are you? Better than I deserve. Welcome. Where do you all live? Stevens, Pennsylvania.

Awesome. And all the way to Nashville to do a debt-free screen. Took us two days to get here, but we made it. I love it. Well, welcome. And how much have you paid off? $112,135. Very good. And how long did this take? Five years and 11 months. All right.

And your range of income during that time? Started out at $38,000 and ended at $137,000. Nice jump in five years. Add an extra one in front of it. Not bad at all. What do you do for a living? I'm an architectural designer. Carol Lee? I'm an office manager in front of it. Not bad at all. What do you do for a living? I'm an architectural designer. Carol Lee?

I'm an office manager for him. Awesome. Very cool. Good for you guys. So tell us about this. How did this journey start five years and 11 months ago? Well, I went through that stupid thing called a debt consolidation. And then I was stupidly looking for the second one because I maxed out all the

credit cards after we did the first one. Oh, the habits did not change. Yeah, no, I'm normal. And then I came across your website and I'm naturally kind of a countercultural thinker and your way of handling money was countercultural to the way the banks are telling everybody. Yeah. So I kind of latched on to it and one night i told her that we're going to start getting out of debt well we all know how that worked she just hangs her head and says nope we're never going to get out of debt that's not going to happen i just don't see it and then we had a small loan i think it was like 350 bucks that was a personal loan that we had to pay off.

So we paid that one off within like the first week and a half. And then the next one started to topple a couple months down the road. And she started seeing, well, it might work after all. And then when she came on board, which I'd say took about a year before she finally got some traction with it, and then she actually became a little bit more diligent with it than I did over the years. There you go. Not bad. The office manager kicked in.

Yep. All right. And what kind of debt was the $112,000 in total? It was two personal loans, one debt consolidation, four credit cards, and $37,000 that I owed Social Security. Okay. So in the five years and 11 months, when was the biggest movement on getting, when did you pay the most debt? Recently or early in the game? I would say it was at the end of it.

Okay. Because all dealing with the government, you know, if you make extra payments on a prepaid or a preset payment plan with them, then they're going to wonder, hey, where are you getting all this money? So we had a payment plan set up for the Social Security issue, which, long story short, I had been on disability back in 98 I got on it, and there was a misunderstanding, and they yanked it from me in 2009 which was probably the best thing that ever happened to me because now the paycheck relies on me and I don't look at myself as disabled and fortunately she doesn't either so then I realized

I really got to kick my business into gear and start making some money. So what we did is we saved up a bunch of money to pay off. We saved up the balance of what we owed Social Security. And then we wrote one big check at the end of it. Oh, yeah, and just thumped them. Yep, that was the end of that. Argue with this. Exactly.

Yeah, I got you. Well done. How does it feel? That's a long journey. Well, it makes me feel like I want to get up and walk. That's fun. Yeah, it was great. I think the biggest struggle was just fighting for that last one.

You know, and we got that $14,000 sitting there. It's like, shoot, I got to hand all that over to Uncle Sam? But realizing that if I don't, it's still his money anyway. So when I got rid of that, it was like party time. There you go. Oh, man, it was great. So what do you tell people the key to getting out of debt is? Diligence.

I got to admit, I'm not the best budgeter. I'm more of a, ask myself the question of, do I hold back by saying this is only a want and not a need, you know, and she found out the same way that that was the biggest question we could ask ourselves. Do we, is this something that we need right now? And 95% of the time the answer was no. So that's how we started really saving up a chunk of money and knocked Social Security out. And then we had a medical issue that we got some money back from Christian Healthcare Ministries to cover that. And that jumped us from baby step two right into baby step four. Wow. So now we're sitting on baby step four,

and we're ready to load up the Roth IRAs and get things moving. Very good. Caroline, what do you tell people the key to getting out of debt is? Well, I'm like, just stick to it. It's not always easy. And like he said about, do we need it now and um it's just saying no and learning that it needs to be a habit yeah you're getting a rhythm especially when you guys are because it's five years 11 months that's a journey yes that's a process who were your biggest cheerleaders

well to be honest we didn't tell many people. We were just pretty quiet about it. Our two closest friends, Lawrence and Sheila from Colorado, they were probably our closest ones. Good. Because he actually just paid off his property a couple months ago. All right. Very cool. Yeah. So that's the two biggest ones right there. My brother, of course, Stan, he's on his own journey right now with that but

yeah it was pretty a quiet affair but we're here and now we're not quiet about it anymore well we're glad we're proud of you i gotta tell you one quick thing though dave you went on a rant a couple years ago about tiny houses and i'm a residential designer by trade so um and you went on the i ran about tiny houses on wheels are always going down in value and that kind of struck a chord with me because i like to think that my clients are going to increase their personal value when they build a house that i designed and then one day my computer broke down about four years ago. And I didn't have it for two days, so I spent my time on her computer just researching the Internet to see what I could find. And there were no handicapped houses out there that were wheelchair accessible that I could find that I would consider wheelchair accessible.

So what I did is my brother works for me full time. I said, Hey, you're taking a month and you're taking my ideas here and you're making it into working floor plans, working blueprints. And now we have two initial handicap designs that came out four years ago. And those are kind of evolving into different models with the same floor plans. That's great. And now those are being built in five different states.

All right. With more being added every month. Good for you. We're on a roll. It's going good. Way to go. Way to go. Well, if you've got weeds, you can plant good grass and replace the weeds,

or you can burn your yard. And you're the guy that plants more seeds and replaces the weeds. Way to go. Thank you. You added value, man. I'm proud of you. Those houses are on foundations, so I took your advice. Yeah. And I tell people anything on wheels is going to go down.

They're like, really? I said, well, yeah, if you can't get a loan for a tiny house on wheels from a bank, unless it's an RV loan. And they go, oh, I didn't know that. And a couple of them actually changed their mindset and they went ahead and built one with a foundation okay so that was very cool very cool well good for you guys i'm proud of you guys well you're certainly heroes you've done a great job very very well done we got a copy of chris hogan's book for you everyday millionaires that's the

next chapter in your story for sure and it's larry and carol lee from lancaster pennsylvania 112 000 paid off in five years 11 months making 38 to 137 count it down let's hear a debt-free scream three two one to god be the glory We're debt free. Well done. Well done. You know, there's a lot of ways that you can move the society around. You can burn, you know, you can trash things or you can build things. Very well done.

Love it. He just looked into a problem that he had a connection to and said, what's the solution? And that solution is going to make him a lot of money by saving a lot of people a lot of time and money, making their lives better. I sure hope so. And that's work that matters. It's good stuff. I sure hope so. Good stuff. Our scripture of the day, 1 Corinthians 15, 57.

But thanks be to God who gives us the victory through our Lord Jesus Christ. Ted Engstrom said, The rewards for those who persevere far exceed the pain that must precede the victory. Good stuff. Well, guys, these are crazy times. This could be your never again moment. Never again will you be at the mercy of a global crisis. Never again will no emergency fund and debt keep you up at night. Never again will you let the news cycle put you in a panic because you're broke.

You can fix that, and we'll show you how. And when you have the right plan, the right tools, the right teaching, you never have to question if you're doing the right thing with your money. Ramsey Plus gives you all of that. It's our brand-new all-access membership, and you can try it for free today. Here's how it works. You learn the proven money plan with our best-selling content, including Financial Peace University.

You budget and take control with the world's best budgeting app, EveryDollar. And you track your progress with the new Baby Steps app. All of this is in one membership. You start the money plan for real life so you can be confident you're doing the next right thing with your money. So if you've had your never again moment, you're ready to turn it around. This is your time. It's your choice. You can get a free trial for Ramsey Plus today. Text to 33 789 that's trial to 33 789 nate's in milwaukee hi nate welcome to the dave ramsey show how can ken coleman and i help you hey ken and dave it's a honor to talk to you guys here you too i have more thank you i have more of a career slash financial question. I'm 23 years old, just a little backstory here, of course, from Milwaukee, Wisconsin.

And I bought my first home at 19 years old, which, of course, after listening to you, I kind of figured out that's a mistake. However, I was in school. I got an associate's degree in IT security. And then I continued my education full-time to get my bachelor's in IT, information security. Good. Thank you. So, of course, you know, working full-time and then paired with my three part-time sales jobs. I didn't really have too much time for studies. But got it all done. Graduated in May. And got my 4.0 with honors.

So now it's time to get serious. My full-time job, I work in IT. But it's more of a help desk role. And I only make $32,000 a year. I've been with this company for about four years and not really seeing much movement in the direction that I spent all my time. You have a four-year degree in information systems with a specialization in Internet security?

Is that what I'm understanding? Yes. Wow. Okay. Go ahead. What's your question night um well uh upon you know searching for jobs in my in my path here i have realized that uh i need to step into a junior security role or a junior information security role and um they're just not paying what it would take for me to pay my mortgage.

What are you finding that a junior security role is paying? $18 to $24 an hour. So it would be a lateral move, basically. No, that's not right. Something's wrong. Based on my location, for a junior security role it would, but that's contracted. I'm having a hard time finding a not-contracted role that's upwards of $30 to $40 an hour. A senior security person can make a couple of hundred.

Indeed. I can't believe that these roles aren't starting at $50 to $60 grand. They are. They're just extremely difficult to find uh right now and i have been looking uh you know a month before covid started so before we run out of time ken what should he do well i you wait uh right now because at this point uh you're acting as though you've got to make a quick decision and go for what's available now, which are contract gigs, which don't pay what you need them to pay and what they should pay. So I would forget about

the contract gigs. And I would focus on, even though they're hard to find right now, that it means we're going to wait. We're going to be diligent. What I mean by wait is we're going to keep looking. We're going to keep connecting. We want to get those junior jobs that are salaried and that make the kind of money that you and Dave are talking about there. And until you find that, then you just sit tight. But there's no reason to take a contract job that doesn't pay well at all because it's just a function of we're in a tough economy right now. But I will tell you this. I shared an article on the Ken Coleman Show last week. IT security field is still doing very well, and it's hot. And if Milwaukee's a tough area, I don't know how tied you are to a city.

I come at things a little different. I left the nest in Virginia pretty early on. So you've got the whole nation to look at. So I think what you have to do here, my answer is don't take right in front of you if it's not a good opportunity. Wait for something. Dig for something. Go somewhere else. There's too many good opportunities.

With his background of 4.0, that training, I'd be looking outside of Milwaukee if it's that tight in Milwaukee. Yeah, if it is. I don't know that it is. I want you to maybe change some of your job search strategies a little bit. I'm going to send you a copy of Ken's book, The Proximity Principle. I want you to maybe change some of your job search strategies a little bit um i'm going to send you a copy of ken's book the proximity principle i want you to read that i want you to go to ken coleman.com and download let's get the get higher digital course that get the the exactly the get higher digital course um well you want just yeah that's it i'll tell you what we'll give it to everybody else you gotta get it but let's kelly let's give it to him it's a digital course uh

it's an 11 video lesson series where i walk through everything from the resume to the interview to how to get connected, how to use your web of connections. And right now it's only $20 at KenColeman.com, but it's our gift to you. But you've got to make sure you're shaking the right trees and shaking the trees properly. I don't think he's got the right perspective on that. You're a hardworking young guy, for sure. You're not afraid of hard work. But I think that somehow you've gotten a skewed perspective of what you can earn. Because, I mean, we've got security people, Internet security people on this team,

and none of them are making $18. The challenge he's facing is this. He went and got a degree in it. The challenge he's facing is this. He went and got a degree in it. He knows what he wants to do, but all he has seen so far is contract work, which pays less essentially than what he's making now, and he's going, how do I do this? This is the only thing that I can find right now, and he's feeling like because of the degree,

because he does have clear direction, that the only thing he could take is something that's subpar, and that's always the false choice. It's a false yeah sometimes you're gonna have to reload and go all right this isn't the right thing now i'm gonna wait a little longer to find the right thing dig a little harder yeah i just i i really think that uh if you change your strategy on how you're looking and we'll give you the digital course and the book both since i gave it to you and then Ken did too. That's good. You know, walk through those 11 video lessons and I promise you it's going to change the way you're looking for position. Yeah.

And sometimes that has everything to do with it, the way you're applying, especially straight out of school. And in a competitive environment right now. A lot of people looking for work. So now you're up against a whole lot more people applying. And here's the truth. We were talking about that in a leadership team meeting this morning. We had 12 people start today. And we had several key leadership roles start today. And our guys were making the comment that our recruiters are having a blast, just like a hot knife through butter butter because there's so many people looking for work and we're able to find

people right now that we've been looking for for two years in some cases and uh so that's the that's the employer's view of it is there's a real supply out there and so the other side of it is if you're looking for a job you're amongst a lot of fish in the pond. Big stack. So let's just, right now, we've got somewhere between 20 to 22 million people unemployed. Just for quick math to understand what you're up against, folks, let's say it's 20 million people, and they're sending on average 10 resumes each. That's 200 million resumes. You better stand out. And so at KenColeman.com, we have a free resume guide, Dave, where we have an actual template. And we've heard from thousands, tens of thousands of people have used it. It works.

It really works. And we walk you through how to do it. We let you plug in the information. That's free. KenColeman.com. You've got to use it. But it's more than just the resume. It's in the book, The Proximity Principle.

We teach the web of connections. And sociology studies back us up. Acquaintances are how we get gigs you better shake the relationship tree thanks for hanging out ken thanks for having me thanks to zach filling in for james childs today and kelly daniel our associate producer and phone screener i am dave ramsey your host that about puts this hour in the books we'll be back with you before you know it in the meantime remember there's ultimately only one way to financial peace and that's to walk daily with the Prince of Peace, Christ Jesus.

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.