The Ramsey Show - App - Trouble Getting Job Interviews? Listen to this Advice (Hour 2)

Episode Date: September 4, 2020

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live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studio, this is the Dave Ramsey Show, where America hangs out to have a conversation about your life and your money. My name is Anthony O'Neill, and co-hosting today with me is the still number one national, number one national, let me say this one more time, number one national podcast news show on Apple Music, Spotify, YouTube, John Deloney. The Dr. John Deloney. How are you, man? I'm doing good, man. How about yourself? Yeah, you got to cut on your mic, man.

I just turned it on. There we go. How are you, man? I'm doing good, brother. How are you? Excellent. So it's been a whole week, bro. It's been a whole week, and you have an on-fire show.

It's going well. How do you feel? It's pretty neat. Pretty cool, man. Helping a lot of people? I hope so. What's the... I've got to ask this question. What's the hardest question you've gotten on your show? Oh, man.

We shot one today. We recorded one this morning that had somebody whose mom won't talk to him anymore because they didn't like the name of their new baby girl. So somebody had a baby, a few weeks old. Mom texts,

says, I don't approve of that name. You need to change it or I'm never going to see that baby. Okay, is this serious? This is total, total serious. When is this podcast coming when is this podcast yeah there's some time to hear this but we've had everything from trauma to um to marriage challenges to abuse to workplace challenges so it's all over the map and it's it's been pretty extraordinary just to walk alongside people man listen guys I want y'all

to check him out uh Check him out on Instagram at John Deloney. Check out his show, The John Deloney Show on Apple Podcasts, Spotify, YouTube. Are you putting a full show on YouTube as well? That's right. They video you while you're

talking to people. It's kind of a voyeuristic thing. It's kind of weird for me, man. I love it, man. I love it it 888-825-5225 give us a call dr d and myself will be on here talking about your life talking about anxiety issues talking about your money uh we could talk about you know we get a lot of relationship questions when you and i are on here i'm gonna start being quiet on that let him do do that. No way, man. You are the expert. No, what? I'm single. You're the married person.

Man, you know what? Let's go out to Las Vegas, Nevada and have a conversation with Ray. Ray, good afternoon. How can Dr. D and I help? Hey, how are you guys doing today? Doing good, man. How can we serve? All right.

So my fiance and I just discovered you guys just a few weeks ago, actually. And we're definitely starting to complete the baby steps. We completed baby step one, so now we're on two. So I have two questions, and they kind of go hand in hand. Should we combine our debts or attack them separately, being that we're going to get married? And since you sell her car, it's worth 15 000 but she still owes about 25 on it okay let's rewind uh rewind did you say should me and my fiance right now like

as of today combine our debt or should we combine our debt the moment we say i do and i love you until death do us part should we combine our debt the moment we say i do and i love you until death do us part should we combine our debts today or address them separately yeah um because we want to be debt free before we get married okay yeah yeah yeah so as of right now you all want to keep it separate okay um you know you are engaged but if my grandmama was here, she would say you're still single because you're not married. So with that being said, I want you to aggressively pay your debt and I want her to aggressively pay yours. Now, here's what you can do, Ray, is both of you all can sit down together and come up with your separate plans together and hold each other accountable to make sure that each of you are doing your part in going after the debt and going after the debt but do not combine your debt and do not combine your income until you're married now let's just talk about this car though

okay let's just talk about this car uh and tell her she needs a call in to talk to me if she wants to get some more clarity you're saying that she owes owes $15,000. No, the car is worth $15,000, but she owes $25,000. What kind of car is it? Yes. It's a 2018 Mazda CX-5. A 2018 CX-5. That's like a little fun car. Okay.

What's her salary? $30,000. $30,000. $30,000. She has a $25,000 car against a $30,000 income, huh? Yeah, she's got this four-hour car I got here. You know what? Because you would have saved the day, right, man?

Way to go, Ray. Classic Ray, dude. Ray would have saved the day. All right, Ray, here's what Dr. D and I are going to suggest. Have the conversation with her. And, yes, she needs to sell that car. She needs to go ahead and make sure that she does research. I want her to get the private sale, not the trade-in sale.

Private sale with that kind of car with those miles on it. She could probably get about privately about maybe 15 to 17 000 max um i am a huge fan of no debt i do not like debt here is the only time i say it is okay to borrow some money when you're lowering your debt so for an example she owes 25 okay if she can sell that car for 18 and take off and she goes down in debt to about maybe $5,000 or $6,000, I'm okay with her taking out a loan for $5,000 or $6,000. But as of right now, here's what I'm suggesting. First thing is sell the car, come up to cash, pay the difference. If she can't do that, I have no problem with her getting a small loan to pay that off,

but she's going to add that to her debt snowball and pay that off. And then get an old beater car that's going to get her from A to Z. She's already found you, Ray. And so she doesn't need to be out showing everybody how great she is with the fancy car, right? So she's good to go

there. You love her. And then as soon as y'all get married, then you're going to take these individual plans and you're going to sit down and combine them together. I love, Anthony, I love your idea about them sitting down together and making their individual budgets together. They're going to learn a lot about themselves, how they process things, and that's going

to help their relationship when they end up doing this together. Now, here's the thing, and I want you to think about this too as well, Ray. I don't have a problem with you all pausing paying off their debt to stack cash for their wedding. Don't borrow money against the wedding. Here's the thing. If you want to pause, stack cash so you can pay cash for your wedding,

get married, come back, and then now combine your income and debt. I'm a fan of that. But if the wedding is already paid for, honeymoon is already paid for then yes you're going to keep yourself separate you're going to work it but you're going to hold each other accountable i mean you all should be checking in once a week what's your update bae what's my update here we are here's what here's what i've accomplished and here's what i'm doing and in your

area dr d this is honestly helping them build communication skills. Oh, so good, man. It's going to build their relationship together. They get common goal together. Common goals. Common accountability. Yes. And they can point to an outside plan, right? So this isn't his fault. This is, hey, we agreed to follow this plan, and this is

the next step in line. So this is a great tool for young couples who are trying to figure out what tomorrow is going to look like. It's a great tool for them to learn how to work together and communicate together. It's awesome. I love it. I like how you say young couples

like older couples don't need to hear this. I'm just saying some old couples need to. Oh, man. Hey, this is the Dave Ramsey Show. It's Dr. D, Anthony O'Neill, 888-825-5225.

Join the conversation. He and I are always having a blast we make people cry sometimes but at the end of the day we're going to make sure that you get the conversation and you get your answer

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are on the show today really having a good question day well it's not really a good question day, it's just a good day period that's right so we want to take your phone calls, we want to walk you through any questions that you have, any concerns that you have.

Please give us a call. Kelly is standing by the phones right now. She's not accepting every single phone call because if I said that she will get upset with me. So I want to make sure I'm correct about that. And she's waving at me saying correct. But give her a call. If she likes your

question, she'll put it through if she doesn't i'm praying for you but she likes this next one so we're going to go out to denver colorado and have a conversation with uh hayley hayley good afternoon how can dr d and i serve hi thank you for taking my call sure um my husband and i ran into some income and employment mishaps when COVID hit. And so in turn, we've decided to start paying off debts and getting in a better financial situation so that when things like this happen, we aren't so stressed out. We are just getting back on track. We made some lifestyle changes and we ended up needing to surrender two vehicles back in July. And we now have a deficit because we

rolled negative into them. So I'm wondering if we should set up a payment plan with our original creditor or if we should let it go to collections and try and settle for a lesser amount later on. Got you. Good question. Good question. What's your income at right now, Haley? I just started a new job, and my husband's income is fluctuating. He's a truck driver in the oil field. So on the low end, his income is about $50,000 per year, but could go up to $90,000 with overtime. And then my

salary is $58,000 per year. So bare minimum, you all could be making about $108,000 a year in Denver, Colorado, which is not too bad out there. Okay. So that's where we are right now. What's your total amount of debt? Um, without the deficit, we're probably at about 40 with the deficit. Include everything except for your home mortgage. Um, we only have one deficit amount so far. We haven't received the other letter because it hasn't sold yet, the other vehicle.

Okay. So just what we have right now would be $55,000. That's a total amount of debt, $55,000. Correct. So it would be $40,000. The deficit was about $15,000 on that first one? Yeah. Correct.

Okay. And what was the other car that you turned in that you haven't gotten a deficit for yet it was a truck an f-150 and how much did you owe in it about 46 000 okay so they're going to probably sell that for about 15 15 to 20 000 max normally what i'm seeing with repossessions they get anywhere between 20 to about maybe 35 40 percent max on what you owe and so you'll probably have another deficit about 20k added to that so you're going to be in about 70k total debt what i'm not going to do uh hayley is sit is sit here and tell you to wait

because i want you to attack this now i do want to be very sensitive, though, because COVID has impacted a lot of people. And I want you to hear me clearly when I say this. You're not alone, okay? You're not alone. And you can bounce back, all right? Earlier in the show, I told the audience, I want you to speak what you seek until you see what you spoke.

So the very first thing I want to tell you has nothing to do with money. What I want you and your husband to do is say, you know what, we're going to bounce back. We're going to not just bounce back, but we're going to bounce stronger. Okay. So for the next two to three years, you and your husband need to get on the Dave Ramsey plan. You all need to be eating beans and rice, rice and beans. If you want to add in some hot dogs in there, cut up in the rice, that's cool with me. Okay. Occasionally.

Occasionally. Add a little bit of flavor to it. I'm cool with that. Seriously. Of course. Of course. Because you have $70,000 here in debt and I want that to be gone. Okay. You all have to put down a plan. You all need to stick to that plan the cars that you lost i'm gonna speak this and i believe it you're gonna get those kind of cars back but

here's what you're gonna do you're gonna pay cash for them in the future so that way you do not lose them all right so what i'm gonna do when we hang up from here uh because i want to i want to get john to really just uh speak into this as well but i want you to stay on the phone, and I want Kelly, she's going to get your information, and we're going to enroll just on Dr. D and myself. We're going to get you and your husband into Ramsey Plus for free, okay? So that way you and your husband can sit down and really learn together on how do we get not just back on our feet, but how do we lay a solid foundation to where we do not have to come back here ever again. And we can show our kids moving forward how to avoid our mistakes.

And if something does come up in the future, we have something solid to stand on. How does that sound, Haley? That sounds amazing. Thank you. Yeah. Awesome. We're here for you, you know, and that's exactly, you know, Dr. D, why we do what we do is I get it. You know, COVID, this pandemic has hurt a lot of people and we want to help people get out of this.

But also we want to make sure no one comes back. Right. To this here. There are people in situations that COVID has made them stronger, right? Or has tested their resolve and stress test that rubber band and it hasn't broke. Because they had an emergency fund. They weren't buying $50,000 trucks against $50,000 income or whatever it happened to be, right? And so this is one of your never-again moments, Haley. And good for you.

Good for you. Thanks for making the call. Yeah, stay on the phone. Kelly's going to give the information the information dr d and i're going to treat you to this please sit down with your husband and make it happen uh staying right here in the beautiful city of nashville tennessee home of the dave ramsey show we're going to have a conversation here with brian brian good afternoon uh how can dr. D and I help? Well, guys, you get to determine whether I am sane or not. I think I'm perfectly sane. Wait a minute. My family, not so much.

You're calling me and Anthony for this, so let's do it. Let's do it. Okay, so here's what's going on. I work from home, and I put maybe 3,500 miles a year on a car, basically a grocery hitter. So it struck me after going through the Dave Ramsey steps. I'm currently on step five and a half to six. I'm thinking, you know, my car 2019 is fully paid off,

but why do I want a depreciating asset sitting rotting in the garage? What I could do and what I've done is I sold the car for $20,000, bought an $8,000 beater that I can work on myself, banked to the rest of the remaining 12 to apply to my mortgage and to pay that down faster or put into the 401k. My family thinks I'm certifiably insane for doing that. I can cut off maybe eight, maybe 10 months with a $12,000 on my mortgage. I think that's a better use of the money. Family. Is this a wife or is it like cousins? No, no, no. The parental units. I am single.

So your parents? Yeah, they, long story. Brian, you are officially certifiably a genius. You are living a countercultural life. And by countercultural, I mean someone who does math, someone who looks at their lifestyle, and someone who... I mean, you're doing it, man.

Everything about what you just said is exactly how I live my life, like to a T. Okay. And so, yes, your parents are probably lovely people who are doing the best they can with the information they got. But, man, I don't think you're crazy. You think he's crazy, Anthony? No, Brian, why do you care? I mean, I got to ask the question. Why do you care?

Real quickly, why do you care? Okay. I mean, I got to ask the question, why do you care? Real quickly, why do you care? Okay, so since you all only know my first name, I'm not really a quote-unquote mama's boy, but my family ties are beyond tight. So we finish each other's conversations. We just know what we're thinking. And, yeah, it matters to me what they think. Well, that's something you need to work on because that makes no sense.

You just saved yourself a lot of money. You put money in account. You're paying off your house. Man, I wouldn't care what my mom and daddy say. As a matter of fact, I tell them to mind their business right here on the Dave Ramsey Show. 888-825-5225. Kelly has about one phone line open. Feel free to give us a phone call and we can have a conversation about your life and your money.

But let's keep this conversation going. I love talking to our friends and family in the Dave Ramsey tribe. So let's have a conversation here with Kevin. Kevin out of Orlando, Florida. Good afternoon, Kevin. How can Dr. D and I serve? Good afternoon, gentlemen.

Good afternoon. My. How can Dr. D and I serve? Good afternoon, gentlemen. Good afternoon. My wife and I became blessed when our daughter was born on April 14th. But she passed away on April 17th. Oh, brother Kevin. I'm so sorry, man. So I took five or six weeks to leave after that to stay home with my wife. Because either one of us were in a good spot. Sure. So around the two-month mark, we started getting medical bills,

and we had already fully made our deductible and our insurance. One of the bills was $200,000 for Khaleesi. A few weeks ago, my wife had called the hospital to ask them why the bill wasn't showing the insurance on there, and they said that they had never run it against our insurance. So when I called the insurance company, they said that I only had 60 days to apply for my insurance, so she's not covered. So I'm just trying to see since I'm 100% responsible for the bill now. I'm just trying to see where to go from that.

Wow. So first and foremost, man. Apparently I missed it by about a month and a half. So we get 100%. First and foremost, Kevin, I want you to know that my thoughts and prayers are with you, man. You experience something that no parent should ever experience, ever, ever, ever. It's not the way it's supposed to be. It's not the way it's designed, and that sucks, and my heart's broken for you, brother.

Yeah. How are you and your wife doing, man? We're going to answer your question, but we just genuinely care and are concerned about you and your wife. How's your wife? How are you feeling inside right now? It's one of those things where we're trying to make ourselves numb to it because it's getting harder to face it sometimes you have a community of people the first two months it was it was hard yeah do you have a community of people that are with you

right now that can walk alongside you they can show up with casseroles and just come sit with you. With COVID going now, it's been a lot harder to find one out here. Okay. Was that your first child, Kevin? Yes, sir. Are you all going to try again? Yes, sir, because it took about four years for her to be born. And she was born at six months at 11.6 ounces. Yeah.

We're definitely trying again. But like I said, God bless us with her. We're just hoping to bless her again. Sure. Yeah. Man, that sucks. Sucks, sucks, Kevin. I want you to make it a number one priority.

I know COVID is complicating things. I want you to make it a number one priority, whether you reach out to a local church community that you've got or some of your friends, and I want you all to do whatever you possibly can to get you and your wife connected to a group of folks, whether it's a group of folks who have lost young children or it's a group of folks who are just a part of your normal community. That is the mechanism through which you will be able to walk through the next several months, the next several years of darkness as you slowly, slowly, this will never go away. This will always be a part of you.

But I want you to know there is healing. There is meaning making on the back end of this, but there's no rush to that. There's no expectations. And I also want you to hear me, Kevin. You and your wife are going to grieve this differently. This is going to ping pong back and forth through your hearts differently. And I want you to be graceful with one another. I want you to have folks in your life that help you not compare grief and challenge grief

and let each, each of you are going to heal differently. And this is going to be a challenging, challenging season for you. And that's why you got to get other people in your life. Okay. It's okay to cry. Absolutely. It's okay. if you wake up a month from now you want to cry you cry 10 years from now you'll wake up and have a rough day right

so that's part of this that's that's the sucky part that's the demon and all this and i hate that for you man but in regards to your question kevin because i want to make sure that we also hear your pain and feel your pain but also help walk you through the practical side of things. So pretty much you went to foul and to do the insurance stuff about 90 days, about three and a half months after everything went down, correct? Yes, sir, because I guess the first six weeks or so, I was on leave and my wife just been in town with her. And when we started getting medical bills in, she started noticing that even hers,

it wasn't reflecting like our insurance. Yeah. So she called and they said that some of the bills they never ran against the insurance

and that's when we found out that she wasn't covered. So I called the insurance and they told me that she can't be covered. Did they say why? Because you were too late? Because it passes

60 days from the day that she passed away was our limit to allow her to be applied to the insurance. And who are you talking to? The insurance company or the representative at the hospital? This is the insurance company that I was talking to. She talked to the hospital, and they're the ones that said that they never called the insurance company or filed it with them. So we never got a notice in saying, well, she's not covered or anything like that.

Here's the thing. Typically it does take about the requirement is 30 to 60 days. Okay. But because of this situation, I have seen several hospitals work with individuals because of this. So here's what I'm going to recommend. I'm going to recommend that you go down to the hospital and have a conversation with them and say you know what hey we went through this and we just got emotional and it slipped but we were covered at the time we just forgot to make this move was there any way possible we can work with this we'll be willing to pay something but we can't

we can't do $200,000 and there's a most hospitals have something called an advocate yes for parents and very challenging situations very similar years and let them go there and just wage war against a ridiculous nonsensical um insurance company that clearly doesn't have a soul it's just i can't i can't wrap my head around it i can't either but kevin um i want you to uh pretty much just go down there to the hospital and have a face to face conversation with them and just explain to them the situation and say, you know what?

We apologize for for skipping open. This was a hard time. But what can we do? Because we cannot do two hundred thousand dollars, but we do want to resolve this matter. Where can you help and allow the hospital to get in get in contact with the insurance company and let them to have a conversation? But don't give up on that. I don't want you to start paying that just yet. I want you to go there and have a conversation and continue having that conversation.

I also think it's worth calling the insurance company and asking for somebody over the person you talked to on the phone. Ask for a manager. Ask for a senior representative. And tell them, I'm a bereaving, hurting father. And my daughter passed away. And we went into a shell for six weeks. And your inability to work with us is just unconscionable. We recovered and we were good. So fight that fight. I recommend you get somebody that's going to walk along with you, man. This is a weird moment for you and having somebody by your side.

It will give somebody at your local church. It will give a close friend of yours. It will give them a way they can serve you right now that's tangible. Man, if I had a buddy that called me and said, hey, will you come sit with me in this conversation? I couldn't wait to go to war for my buddy. There's a womb. There's a womb here

and um and this is what you do every day on your show you walk people through these type of issues and mental issues walk us through john when you experience something shocking that, that hurts, um, that gets emotional, that gets mental, that gets draining. What are the, what are the top three things? What are the first three things we should be doing and processing?

Uh, when something like this happened, whether we lose someone in our family, whether we lose a job, whether we get a divorce, whether we lose a child, like when something dramatic happens, what are the first three things we should be doing? I would separate out losing a

child from this conversation. That is a trauma that really takes over every part of your body. Would you say losing anybody, we should separate that? There's something unique. Um, there's something unique about losing a child okay um it's not you know losing my dad who's 70 it would be heartbreaking it would be difficult for us there is a natural progression a natural order to that um losing a child is a whole other thing but in any sort of grief having people around you giving yourself and your loved one permission to grieve and making sure you are doing the normal human things, which are eating, sleeping. You just lose. Sometimes you lose all biological function, right? And that's where a community is so important that they make sure

that you've got food at your house. They make sure they're saying, Hey, go to sleep. They're making sure that they're good. I'll go to hospital and fight a fight for you. They're mowing your yard. Those kinds of human things, right? It's a dark, dark moment, Kevin. We're praying for you, brother. Kevin, we love you and we are praying for you. This is The Day I Brought You To Show. I want to thank our producer and DJ James Chow for bringing us back in with that beautiful beautiful beautiful music right there

I love that guy makes me just feel good that kind of music right do you know what song that was I don't what What was it? I'll tell you off the air. Hey, let's go out to Macon, Georgia and have a conversation with Alexis. Alexis, good afternoon. How can Dr. D and I help?

Hi. So I have a car settlement coming in pretty soon, and it is about $4,500. And I just wanted to know if I should pay that towards my student loans or my current car loan. My current car loan is $4,100 left to pay on it and it's about 8% interest. And my student loans are interest free and no payments due right now. But I have one is about $900, the other is $1,100 and then the last one is $3,400. Okay.

That's a good question. What's your total income right now, Alexis? About $20,000 a year. I'm a patient care technician okay all right cool sounds good all right so here's the thing um great question you know it's a simple question and i'm gonna walk you through this process because i want to make sure that you understand it we teach the debt snowball okay so the debt snowball is you're going to line up your your uh debt from smallest

to largest so in your case your first student loan of nine hundred dollars would go first your second student loan of eleven hundred dollars would go second then your third student loan of thirty one hundred dollars will go third and then your car which is forty one hundred dollars that will go last okay so i get the fact that uh, you can have interest rate at 8% on your car, but right now we're not worried about the interest rate. Let's take that out. So what I want you to do is take that 40, uh, you said you're getting $4,500. You'll be able to pay the $900, uh, pretty much all your student loans and have about $300 left with that. And then you'll be able to go ahead and tack your $4,100, but you're going to keep making your minimum payment on your car but you're going to go ahead and just

cut off that nine hundred dollars cut off the eleven hundred dollars then you're going to attack put the rest of that towards the thirty one hundred dollar student loan and then you're going to keep just keep attacking it that way so now with your income though, are you working full-time? That sounds like part-time at $20,000. It is, it's probably a little bit more. I'm not 100% sure. This is my first year working full-time as a nurse aid, patient care tech, but I also go to school full-time. Gotcha.

So that's why. So that's clearly why. And I'm okay with that. So you're making $20,000 there because you're part- to school full-time got you so that's why so that's that's clearly why and i'm okay with that so you're making twenty thousand dollars there because you're part-time and full-time in school so i'm i'm i'm i'm really okay with that but to answer your direct question take that forty five hundred dollars be a good steward of it all right what i want you to do do you have a thousand dollars in your emergency fund right now alexis i do okay cool great so just go ahead and stick the baby set number two line up these in the way i just told you to do it and attack it that way and you will be all right all right okay thank you so much no thank you for

calling in you know i love questions like that from young people because it shows me that young people are starting to really care about what do I do and I want to do it right. I would have got a $4,500 check as a college student and thought, guys, party's on me, man. Party's on me, yeah, yeah, yeah. I'm going to get a new stereo in my car. I'm going to get some whatever, man. So good for her.

If I was transparent, I'd be that young man out there right there having some nice little Jordans on who's in our lobby. And I'll go buy me a chain, nice big old chain, you know, so that way I can go out there and flex. So I can have the fake rich, but not the true wealth, not the true wisdom. And so for her to say, you know what, I'm getting this large settlement in and I want to make the right move. Let me call in and talk to Dr. D and A.O. and see what I should do. That's a wise wise wise woman i love it let's keep this conversation going let's go out to uh my home city san diego california

um and have a conversation there with gabrielle gabrielle good afternoon how can i help gabriel i'm sorry that's that's all right uh so i got a question i'm pretty sure you know the answer to but i feel like i need to hear it okay um go ahead man so i uh i've got two cars and one of them is currently not super running well but uh i work i i uh i'm 22 i live with my parents i pay rent out of a room from their house and make about 18 000 a year i'm currently on baby step number three was never on baby step number two and i'm just building up the emergency fund but i know that one thing that'll boost me and sort of just sort of skyrocket me towards my goals a little bit better would be to sell one of my cars. Because out of my two cars, one of them is my first car, and it's a 1978 Volkswagen bus.

The problem is that it was a gift from my late grandpa. And I don't know if I can even just talking about it. Gives you kind of emotional. It's a lot of sentiment. Yeah. What's the other car? It's a 1987 Nissan hard body. So that's the one that I plan on keeping and using as my daily vehicle and hopefully eventually a company vehicle.

So why are you making $18,000 a year? 22, are you in school full-time or are you just? No. Okay. I work full-time, but because I live with my parents, they're like, hey, we're going to not charge you. We're not going to, your annual income isn't as high because your rent isn't as high and utilities for you aren't as much. So we kind of can control that a little bit.

And that's what we're doing for you. I understand that. But you make $18,000 a year, right? In San Diego, California. Let's add that into this conversation. I'm not really in San Diego. I'm sort of just in the county area where it's a lot cheaper. But what I'm saying is that San Diego. I'm sort of just in the county area where it's a lot cheaper.

But what I'm saying is that's a minimum wage job. 22 years old, living with your parents. Tell me why you're only making $18,000. Here's what I'm asking. Are you working towards starting a business? Are you having a temporary time? You say, hey, Mom and Dad, I want to build an XYZ business. i'm going to need a year at your house while i with low bills while i crank something out are you just 22 just like man i kind of got it my stuff set up pretty much pretty much what he's

asking you pretty much are you lazy yeah it's pretty much the second one because i uh i really do want to be a little bit more on my own. I want to eventually take over the family business and be there. But I do want to find my hand at my own small business. Gabriel, it sounds like you want to want to be on your own. Because if you wanted to be on your own, you would go work at McDonald's, and then you'd deliver pizza at night, and you'd make $35,000. Sounds like you like the idea of being on your own a little bit more sort of kind of but man it's comfortable living at mom and dad's house and it's comfortable with a couple of cars

in the driveway i don't anthony come i'm wrong i don't think the issue is selling the car i think the issue is like brother's got to go get a job brother's got to go work hard. Yeah, I mean, you don't have any debt on either one of the cars. So quickly here, what exactly was the question? Should I sell my bus, my 1978 bus, and take some of that money, put it into my emergency fund for that set, and then I can start to invest in myself and in my future how much do you have in your emergency fund right now 2 000 2 000 2 000 okay uh no here's what you need to do go get you a job man i was about to say the same thing because right now it's not about the cars. The cars are not an issue, Gabriel.

The issue is you're 22 years old and you're in a comfortable place. And right now, you need to become uncomfortable and start relying on your parents to provide a comfort zone for you. Because here's the truth. Nothing extraordinary happens inside of any of our comfort zones. And so for you to be making $18,000 in the San Diego County area, and I get it. I'm from the San Diego County area. You need to actually kind of like just step up a little bit and go get you an actual job. And if your goal is to eventually take over the business, that's cool.

But right now you should be making at least $35,000 a year. So I wouldn't stress about selling the cars. I would really get my mindset to I need to become a better and a wiser young man. Go, Gabriel, go. Yo, Dr. D, this hour's been fun, man. Thanks so much for rocking with your boy.

Thank you, man. Man, I want to thank our producer, James Childs, and the one and only associate producer, Kelly Daniel. You guys, this is The Dave Ramsey Show. Hey, it's Kelly, associate producer and phone screener for The Dave Ramsey Show.

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