The Ramsey Show - App - This Is What's Stopping You From Becoming Rich (Hour 1)

Episode Date: January 10, 2024

Live from the headquarters of Ramsey Solutions, it's The Ramsey Show, where we help people build wealth, do work that they love, and create actual amazing relationships. Open phones this hour at 888-825-5225. Multiple number one best-selling author and Ramsey personality, Rachel Cruz, my daughter, is my co-host today. Open phones here. You jump in. We'll talk about your life and your money. Victor is with us in Irvine, California. Hi, Victor. How are you? I'm doing well, Dave, how are you? Better than I deserve. What's up? Hi, so three years ago me and my wife was buying a life insurance policy from our father-in-law.

We both make a pretty good income but essentially we're like three years in now. And I've just, I know we've maxed out our 401k, our Roth IRA, but I was talking to my father-in-law and he essentially said, it's like a good tax free investment, um, that we can do with our custom whole life policy. Um, and since we already maxed out our 401k and our Roth IRA, and we even bought a house recently, we're just not sure if that's the best way moving forward to put our money in, at least with our extra money. So that's our situation. Victor, you've been married three years, you said? Yeah, we've been married for about three years yeah

okay all right so you're in your mid-20s i assume yeah me and my wife are both uh 27 so we got married around 24 okay um well uh i have to give you full disclosure here, okay? I have been trashing whole life policies and people who sell them for 30 years as being one of the biggest possible ripoffs in the financial world. So if you say Dave Ramsey to your father-in-law, his face is going to melt off. I know. I was afraid of bringing that up to him i would not i would not suggest you do that uncle uncle dave would suggest you don't do that to yourself with your father-in-law i don't think there's anything to be gained by that um so uh you know so basically he you know

you have a guy in your life that loves you and that believes in these products. You have a guy on the radio that loves you and says these products are crap. And so now you've got to decide as a grown man with your grown wife what you guys are going to do and then how to navigate that decision. I would never recommend that you stay, that you buy something or do something, be caught when you're a grown person because your parents said you had to, to keep them happy. I would not do that, okay? But I would also not recommend that you damage your relationship with your wife's father.

I would want you to be kind and honoring and really avoid an argument if I were you. Okay? I have family members, for instance, that I've been married for 41 years, Victor. I have family members that vote the wrong way. Oh, my gosh. They don't know how to vote they pick the wrong party and they're just dumb about it and i love them anyway i love them anyway we have family members that have credit cards and that and i don't i don't i don't i

don't create at thanksgiving a political argument with people who aren't going to change their minds that i love a financial argument that i love or, well, I don't give financial advice to people who don't ask for it, and that includes everyone, family included. People who ask, I will tell you. So for Victor, talk through the different, why you don't like whole life insurance as an investment. I just, well, he knows. He already knows why I don't like it, don't you? I know that you mentioned that like the return over like 30 years is minimal. Yeah, it is. And when you die, the money that you have in there is gone.

They only pay the face amount. And there is no such thing as a whole life policy that is tax-free if it actually got a rate of return. It is tax-free because the only way you can get your money out is to borrow your own money. And, honey, if you go over at the bank and borrow money, they don't charge you taxes on that either. So, of course, it's tax-free, but it is not a tax good tax dodge. It is not a good investment. It is not a good product. But now you can research a bazillion things that we have said about that,

and then you've still got this deep, horrible relational problem. And I would recommend that you just be kind. If you decide to not use this product, which, of course, is my recommendation, I would recommend you don't get into an argument with your father-in-law about it. I would just say, you know, we've looked at it, and for us, we've decided to go another direction, and we sure hope, adult to adult, that you'll just respect our decision, even though you think I'm wrong. And I want you to respect my decision. And so, you know, I have a friend who's so stupid that the other day he leased a car. And he's even dumber than that.

He drove the car to my house to show it to me. Okay? But I didn't talk to him about car leases i just went hey my friend has a nice car i'm gonna be happy for him and he's happy about his car and he didn't ask my opinion and so i'm not gonna just go adult to adult i'm gonna celebrate his adult decision even though he did a nice thing in a dumb way. You know? Right?

I mean, I can still be friends with the guy. Oh, 100%. So I want you to be kind to your father-in-law. Yeah. I think the biggest thing is going to be, it could be, I don't know your father-in-law, but if this is what he does for a living, it's a shot to the ego. I mean, like, right? I mean, if he believes in it so much, like if what we teach you believe so much that if we can't you know i mean it's a hard it would be a hard thing

to say they're going to go a different direction from what i not just believe but the work i do so just be prepared for that and you and your wife need to have a lot of conversations victor she's really got to be in this yeah and just really dive in and you guys have to say okay what's best for us and find the facts because the facts is what's going to prove it to you, Victor. And you both have to be on that same page and say, okay, this is what we're doing. And I totally agree with you. Keep it minimal. I mean, like, just say, hey, I think we're going to pass.

Your wife has to be able to just look at her dad and smile. Which will be hard. And smile and say, I love you. And we're going a different direction. Yeah. You know? Dave, I love you. And we're going a different direction. Yeah. You know. Dave, I love you. And we're going a different direction.

But I'm going a different direction. All right. That's the thing. You're announcing something on the air? No, but it's, yeah, this is where the, yeah, the relational factor of it is just, it can be messy. But it's also a great practice, Victor, for you and your wife. You've got to learn to do this anyway over other things.

Yes. Because, you know, otherwise they're going to interfere when you get ready to name your first child. They're going to interfere when you get ready to buy your first house. They all do it out of love. No, they do it out of love. Don't pet me. I don't interfere in your kids' names. No, you don't.

That would be Mimi that does that. We don't tell our kids' names until they were born. Because you'll get a Mimi eye roll. We hand the baby to the grandparent and we say. Just don't name them Moonbeam. That's all I request. No hippie names. That's all I request.

This is the Ramsey Show. Rachel Cruz, Ramsey personality, is my co-host today. The Ramsey Show question of the day is brought to you by Neighborly, your hub for home services. Go to neighborly.com slash Ramsey today to download their winter maintenance checklist. It's free and full of tips to get your home through the colder months with no issues. Again, you can check it out at neighborly.com slash Ramsey. Today's question comes from Bethany in Texas. I've been married to a lovely man for 15 years who loves me and

adores my son. He is the best dad I could have given to my son. The problem is the finances. I make $180,000 as a nurse practitioner while he makes $30,000. The issue is not really the money, but his lack of ambition to make more of it. He has so much potential. I recently found him a job which will double his salary, but he's just not interested. I love him very much, and I need to know how to let him be since I realize I cannot make him want to make more money. I feel like when it comes to the financial part of our marriage, he believes that it is my responsibility. I live in fear knowing that if something happens to me where I die

or can no longer work, my family would would lose everything how do I love my husband the way he is since he refuses to change Bethany um yeah the the biggest problem I see here Bethany well number one I'm glad that you just that you realize you can't control him because you can't we can't control other people and the fact that it sounds like you're his mom i'm like you went out and found him a job and you're doing all of these things you're being proactive while he's obviously not wanting it so so i would say again the money's not the issue here a lot of it is fear that if something happens are are you going to be okay is your family going to be okay and so that's the approach i would take with him not oh go double your salary but it's hey this

is what it's causing in me and it's feeling like it's becoming a it's it's a wedge between you and him i mean it just naturally is and that fear possibly might be in other parts of your marriage and in your life together and so um that's the way i would approach it more versus from the money side more on what it's causing in you but yeah i feel like it'll be harsher i read that you don't respect him that's what i read and it has nothing to do with the amount of money he makes that causes respect his his lack of personal growth and wanting to do better and wanting to be better he He is a lovely, lazy man, is what I read. And, you know, that's a problem because that's not going to get,

you're not going to suddenly get okay with that. That's going to deteriorate or improve. It's not going to stay right where it is. And so I really think that you guys need to sit down with a good marriage counselor and and then he the counselor hopefully can plug him in with some guys who uh some men who are wanting to improve themselves. It's hard to respect a husband or a wife that doesn't, you know, that wants to sit like a blob and not improve. I don't mind if somebody makes $30,000 as long as they're on their way

to doing the best version of themselves, you know, as long as they're on their way to growing, learning, getting better, and so forth. And then the symptom of that problem is that if you die, I mean, I don't know how y'all are going to lose. Are you lost? You know, if you became disabled, y'all are going to lose everything. You're right, because you've set yourself up on an unrealistic situation with incomes dependent on you. So I think this has gone on for 15 years and you've

tolerated it and held your nose because he's nice and maybe the guy before that you had the baby with is not nice you know yeah and so i i don't want him to be not nice but i do want him to go be somebody well and the fact bethany I feel like he's not hearing you, right? I'm like, unless you're not saying anything to him, which would be unhealthy too, but I'm like, there's something there that you don't feel heard. You feel like you're on an island by yourself

and you're isolated and all the responsibilities on you. And that's not a marriage. A marriage is a team. You both are working together. Now, naturally, always when it comes to these kind of, not this situation, because this is more extreme, but naturally in a marriage, there's always going to be one who's way more excited to do all the budgeting and all the Excel and look at all the numbers and the rate of return. I mean, there's naturally going to be one of you that's more excited than

the other with this money stuff. And that's okay. Like that, that is great. But the fact that you guys are not on the same page and you're wanting something else from him that he's not just not even giving you but also not even giving you the dignity to try to see where you're coming from and meet you even halfway right i mean any level of that give and take doesn't seem to be there so jay is with us jay is in san diego hi Jay. Welcome to the Ramsey show. All right. Thanks for having me. Sure. What's up? So my wife and I are currently saving up to buy a house. Um, and her grandma, who she's very close to just offered to give us a gift of $30,000 to

put towards the down payment. Uh, my question is, is it ethically okay to take this gift knowing that she has siblings, cousins, and her parents who have not been given that same offer of a gift? It's ethically okay because it's not your money. It's her money. She gets to decide what she wants to do with her money. But what you're pointing out is it may piss them off. Right? Yeah.

And kind of justifiably so. Yeah. I mean, because there's no intention, as far as you know, for Granny to give everybody the same amount, right? Yeah, not that we know of. I think she may, but don't know for sure. Yeah, I don't think you have an ethics problem, but you might have a relationship problem when all this comes up to light.

Because feelings will be hurt, really not by you, but by her grandmother, right? Mm-hmm. I mean, you didn't do anything yeah but uh um i mean i i maybe your wife needs to talk to her grandmother and say hey what about when so-and-so finds out and they're angry about this yeah so her grandma mentioned that she would ideally like to keep it private i guess so yeah but in my head it's a gift i'm like yeah to jay and i mean i think you guys just have to be aware that if or when this comes out it's gonna come out it's gonna be awkward it's gonna come out when granny's estate is cleared so you're you know just be prepared that somebody's going to have their feelings hurt later

but does that stop him from taking the gift no i don't think so um as long as you're willing to you know be ready for your wife's sister to be angry at her dead grandmother how many how many uh how many grandkids are there like um there are seven total okay has she i wonder if she wants to keep it private i know i wonder if she's done other private money gifts we don't know because it's private you know man so on the surface that she had helped out people with uh paying for college that was supposed to be private for some of the cousins but um that came to light how um i think i think the the parents knew um that grandma was helping out the grandkids and kind of parents talked and and so then all the other grandkids had found out

and they did not get help then okay so Granny is not exactly worried about everything being even, which is Granny's prerogative. That's okay. I don't mind that a bit. I mean, the only place there's fair is at the Tilt-A-Whirl and the Cotton Candy, right? So Granny gets to do what she wants to do with her money. You do not have an ethics problem.

But, okay, so how did the cousins, however the cousins all reacted when the parents talked and the word got out about the college money that is a predictor of how they're going to react when this comes out are you ready for that if you're ready for that game on and again and as long as this is truly a gift and there are no strings attached of any kind, it's not a loan and granny doesn't get to pick out the paint colors or something. She's not in control here of your house purchase because of 30K. If there's no control freak stuff going on, no strings attached, and you're willing to accept the blowback that will look similar to when the other gifts came to light,

then that's where you are. You're okay with that. If it's not worth $30,000 for the drama, then walk away. This is The Ramsey Show. Rachel Cruz, Ramsey personality, is my co-host today open phones a triple eight eight two five five two two five one of the things you ought to notice and you'll notice it is a pattern through this show some hours more than other hours but certainly in a given week or a given month you'll see it all the time personal finance one of the things we've discovered at Ramsey years ago that has set us

apart from the financial professional financial goobers is that we figured out personal finance is 80 behavior it's only 20 had knowledge the mathematics of becoming wealthy are really about the sixth grade level if you can do multiplication you can understand compound interest and so it's it's it's within your grasp you don't have to be a phd in mathematics to do it but the problem with understanding that personal finance is 80 behavior is then you have to think okay what affects behavior and what you're going to always see woven through this show and you've seen it in the last few callers here and even the emailer is behavior is all about relationships it's not all about it but i mean it's one of the relationships

your marriage relationship your kids your your grandmother wants to give you a secret gift that your cousins don't know about i mean see none of this has anything to do with math if you're just doing math it's like 30 000 free dollars yes right right check yes check yes george straightwood yeah want you to do there you go yes and so yes i mean you know mutual funds averaging 11.8% rate of return, check yes. Boom, just like that. You don't have to think about this stuff. It's just a math answer instantly.

The problem is that it's not a math answer. You have to anticipate and consider the relational, the spiritual, the emotional, psychological, any components of behavior. If you don't consider those, considering this whole thing is 80% behavior. In other words, the number one thing that screws up people's ability to build wealth is their friends and family. Or them. Or your personal behavior.

Yeah, it's you. It's not your lack of knowledge of some sophisticated financial product. It's not that you don't know the secrets of the rich it's your freaking dysfunctional family that put the fun and dysfunctional and that now you're living out of that and that screws up your wealth building more than anything else yeah well i mean it's it's the perspective you have to have and putting money in its proper place in your life and when you realize that money is a tool as i say on my show to create a life you love money is that is the tool for it right but it's your life your life surrounds it or it surrounds your life i'm like it is the thing that touches every area of your life and when you just try to do math you're trying to make it its

own thing over here and it's not it is it is built into everything it's built into soccer registrations if you have the money to do soccer for your kids for the fall it has to do with family trips it might have just happened it yeah it has to it flows through life it's it's the thing the currency we have to have to live our life it's not just the numbers and so when you realize that you realize wow it does touch every area of our life and yeah and the problem with it is it's us we say that all the time it's the guy in the mirror you shave with is what you say yeah that's exactly right and larry burkett used to say that money problems are not the problem they're the symptom yep of something else that's going on in your life and so including when i went broke it was

not because there was some colossal conspiracy against dave it's because dave signed up for a first class ticket on the stupid ship and went on the entire cruise there's no question i mean stopped at every port every port on the stupid ship and said yes yes you know that's it we were there baby and so but it was the behaviors that put me there that left me open to and and the character flaws for that matter not not of lack of integrity and i'll say this and which jade warshall just wrote a book on this but your mindset too right you believed a certain way of dealing with money you believe certain principles we're going to get you rich you believe this way and so also shifting your mindset and learning new ways to handle your money that that head knowledge is important that 20 of learning what to do with your money is still key but why you do what you do with

money is important too which is the behavior yeah it's and that's one of the reasons i get so uh come down so hard on these people that are hope stealers out there running around going well you just can't in america today it's there's systemic this and systemic that well there is there's also systemic success it's everywhere around you look there's systemic wealth building it happens everywhere and it's the people that plug into that system instead of believing your system of socialism uh anarchy is going to solve the problem which is a bunch of crap it's just you're frustrated and you feel stuck and you lost your hope but don't spread that stuff until well you can't it's impossible for the gen z they're very frustrated because they can't be a millionaire

yes they can be a millionaire they'd be a millionaire by the freaking time they're 30 if they get their crap together hey i, I just was with a girl. She's 15 years old. 15 years old. Yep. Opened up a Roth IRA when she was like 10 years old because she started working in her dad's company and she started doing all this and she did the calculations. She told me she'll be a millionaire by 30.

So I was like, well, there you go. Now she had parents who were teaching her and helping her and encouraging this, right? So she's in an environment. Yeah. beautiful but i'm like and so when she goes into some leftist communist college professors economics class who says you can't do this stuff she's going to hold up her little roth ira and go or you know yeah ding ding ding ding ding ding or scrolling tiktok and we we played a tiktok video here last week of a guy and he's like the middle class you have to make 120 000 to be middle class oh what a moron and he walked through all the numbers you know and some of you're like but you know he had like well and

you only have 625 dollars left i don't know i don't know and we were like oh my gosh what if you invested that right like it's the hopes it's the attitude it's the attitude behind it so i think you're exactly right when you don't believe you can and when you teach other people that they can't that puts you in the evil bucket the hope stealers are evil when you steal people's hope that's what you're doing now i i've been accused of being a dream killer because people call up with bizarre crap and i tell them not to do it uh that's not a dream killer that is a nightmare avoidance instructor yeah that's different than killing a dream i I'm killing a nightmare. But there's a difference in that.

Instead of saying, no matter what you do, you're screwed. That's right. That's right. And you're not. You're not. You don't have to drive that car. You don't have to wear that shirt. You don't have to carry that purse.

You don't have to wear those shoes. You do not have to do any of that to be a quality human and to build wealth you can do as a matter of fact the less of a bunch of that stuff i just listed you do the faster you're going to build wealth because all of those things are consumption and so you know this this idea that uh you can get away from you can ignore your personal character You can ignore toxic relationships, toxic work environments, and still get ahead. That you can ignore the fact that your spouse is spending money faster than you can make it. That's a relationship breakdown. You cannot ignore those things.

We did not interview a single millionaire that said i became a millionaire in spite of my spouse you know yeah i i you know i did did talk to one guy he said i lost 110 pounds i divorced her but oh my gosh fix that but i'm oh my gosh but he did or she lost you can't carry them pounds you can't carry i know but you can't carry them into it you can't carry them into it that's right that's right you got everybody's got to be working together these are things we know and and again that's not a hope stealer comment that's a that's to me that's the challenge that if you find yourself in a situation and you are married and you guys are going completely separate pages let this be a challenge to say hey get on the same page not just to build wealth but your quality of your relationships again money's just a tool you're the quality

the relationship will be better like all of this fits together and so it is it's it's oh it's so crucial it's so crucial if you don't get the the elements of behavior going, there is not a product. There's not a mutual fund. There's not a technique. There's not a TikTok video that's going to help you. If you don't get the elements of behavior, your spiritual walk, your emotional and psychological health, your ability to set boundaries with toxic people in and around you, including your family, your quality of your marriage, the unity, the fact that we're in lockstep and both working

towards a high definition vision dream that we want to live together. You cannot avoid that stuff. As a matter of fact, if you do all of that stuff and do some of the math wrong, you'll still be okay. But you can't do the math all right and do all that wrong and make it. It won't work. This is The Ramsey Show. Rachel Cruz, Ramsey personality, is my co-host. Vincent is in New York City. Hi, Vincent.

How are you? Good afternoon. Yourself? Better than I deserve. How can we help? So just to piggyback off what you were saying a few moments ago about behavior being 80%, in my own particular situation, I'm up to baby step number six. Great. situation, I'm up to baby step number six and, uh, about my own particular behavior towards baby step number six. I'm at a bit of a, um, we'll say a question mark, if you will, in the sense that I stepped backward, my wife and I were homeowners and no debt at all. We have a substantial portfolio and I've taken a step backward

from aggressively paying down our mortgage, which is at an interest rate of 2.875%. And instead I use that excess funds that I could be paying towards the mortgage for investments. And I save and invest that money rather than put it towards the mortgage for investments. And I save and invest that money rather than put it towards the mortgage. Now, I'm wondering if, given our individual circumstance, if that is an acceptable alternative

if we're not putting it towards the mortgage. Acceptable alternative is a big phrase. Yeah, it's acceptable. I mean, you know, you're investing. investing you're not consuming you're doing that is it what we would do no we would not do that um right but the uh but but you know are you you know are you going to end up broke because you're doing that no no you're not um but uh the the fallacy in your uh theory is that uh if you the way you can test a theory like this it is um multiply it 100x and see how it makes you feel okay so how much is your mortgage balance i have 2000 left on it.

$299,000. So if somebody came up and said, I'll loan you $30 million at 2%, would you do that? Or does that take your breath away a little bit? Yeah, I would not do that. And the reason it takes your breath away a little bit is only when i expand it that far did you feel that debt equals risk right now that's so manageable and so small in your world as a ratio in your world that you're not sensing that there's

any risk associated with it. Yes. And another way to prove that would be to go the other direction. If you paid off your mortgage today and you had the opportunity to go get another mortgage a year from now at 2%, would you take a paid-for house and go borrow money at 2%? Most people will say no. But if you truly believe in the math that you pitched, you would say yes, right? You there?

Yes. No, I'm with you. I understand. My theory, I think, goes towards as well that maybe over the course of time, if I continue this long-term, maybe I'll generate a better return. You will. The long-term. You will.

You will. But the tightness between your shoulder blades because you have a mortgage on the home where your children live and your dog lives and your cat lives and your wife lives is not measurable in math. And so when you pay off a mortgage people breathe deeper they have a different feeling about the grass in the backyard when they walk through it without their shoes on and those are quantifiable only over a large amount of money and a large amount of time you don't sense it though because I'm guessing you have a portfolio probably,

Vincent, of 10 million dollars or more and so this 300,000 owed on your house is chump change. It's really not, in your world, it's not enough to make you upset one way or the other. So but I'll stick with our process and because it's brought me great joy to have no mortgage and if you have the non-retirement assets which I suspect you do to pay off that mortgage today I'd pay it off today but I'm okay we'll still be friends if you want to keep a two percent mortgage you know it's just not what we teach or believe or how we live yeah and in the same example but lowered some so not for Vincent but other people listening like we have some friends

and and they make great money like they do totally fine and they've always had car payments but they can I mean it's such a small part of their overall world like that's not a big deal it's not a big deal well last year for the first time they bought a car with cash and they're kind of joking with me and like okay we're gonna just try it your way let's see and we were texting like two months later and he said in our group text he was like i will never get a car payment again he was like i never realized what it felt like to have even if you can manage the payment what it felt like to have that leave every month and then the fact with this car we're going to drive it for so much longer because usually when the loan was up we'd get a new car and we'd start back in the cycle and i didn't realize that we were in the it's like

this light bulb turns on when you actually live it yeah and and that's the thing that i'm like that guy you know is a sophisticated guy you're talking about he's not oh very smart he's not a they make a lot of serious money yeah they're great they're great it's not that big of a deal so to vincent you know what we're expecting or assuming about you is it's not that big of a three hundred thousand dollar mortgage it's not but i'm telling you when you do it you're like oh crap i never knew that's really what it was. I didn't realize what I was carrying around and didn't even know because it's just normal. So I would pay it off.

Vincent, if you get mad at us, then just get a HELOC or something. You can get back into debt. Well, interest rates come down, get your new mortgage if you don't like being debt free. That's right. That's right. I'd pay it off tomorrow. That's what I would do. Hey, it's a good discussion, though.

Thank you for calling in. John's with us. John's in Fort Wayne, Indiana. Hi, right. I'd pay it off tomorrow. That's what I would do. Hey, it's a good discussion, though. Thank you for calling in. John's with us. John's in Fort Wayne, Indiana. Hi, John. How are you? Hi, Dave. I wanted to ask you what you would do if you were me. I'm 42 years old, and I've realized that I've been an idiot with my money.

For the first half of my life, I spent my money on stuff that was ridiculous. I didn't invest it. And life smacked me in the face a few months ago and let me know that i need to start thinking about my financial future now otherwise when i get old i'm going to be in trouble what smacked you i'm curious what was the wake-up call not having any money at all uh i don't own any property i mean what but what why did it suddenly be a thing you said a few months ago life smacked me did a certain thing happen well um basically uh all i know to say is that uh um i just didn't have any money you just got disgusted okay that's fine.

That's a good answer. I worked with myself. Okay, so what's your question? How can we help you? How can we help you? So I make around $80,000 a year. I've got about $12,000 worth of debt, and I'm basically caught between two paths.

I know it won't take me long to pay this debt off, but I'm trying to decide if I should then focus on saving for a house and paying for it in cash, not taking on any debt because I've been reading your book, The Money Makeover, and I absolutely detest debt now, and I don't want to have any part of it anymore for the rest of my life. But I thought about either just buying the house. Where are you living now? Paying for it in cash.

I'm sorry? Where are you living now? I live in Bluffton, Indiana. No, I mean, are you renting an apartment? You live in your friend's basement? Where do you live? I mean, what kind of living situation? I rent an apartment.

Okay. All right. All right. And what price range home would you buy? And out of $80,000, how quick can you pay cash for one? Well, if I really buckle down and have been saving hard, which is what I have been doing, I could probably save $50,000 a year. So I'm thinking in four years, I could probably pay cash for $100,000

to maybe a $150,000 house. Four years times 50 is $200,000. Yeah. Well, what I was going to say was I could save an additional 50 for like an emergency fund for expenses on the house that may come up, you know, down the road. A hot water heater goes out or whatever. I love it. Do it. Yeah. The second option I thought, I know the trucking business has been doing this for 15 years. The other option I thought about doing was buying my own semi truck,

paying for that in cash because being an owner operator, provided I had the right emergency fund in place, I can make some serious money very, very quickly. Yeah. I think I probably would do both, pay cash for a house and pay cash for a truck. It's just a matter of which one to do first. And then you can decide that. I'm okay either way.

I love your wake-up call, though. I love where you are. Your head's in a really good space, John. You're going to be in great shape in about four years it's gonna be great way to go man I'll see you next time.