The Ramsey Show - App - When and Why You Should Pause Paying Off Debt (Hour 1)

Episode Date: April 12, 2024

Live from the headquarters of Ramsey Solutions, this is The Ramsey Show. It's where we help you win in your life, win with your money, win in your work, and win in your relationships. Excited to have you here with us. 888-825-5225 is the phone number. I'm Ken Coleman. Jade Warshaw joins me, and we're excited to you here with us. 888-825-5225 is the phone number. I'm Ken Coleman. Jade Warshaw joins me. We're excited to be here with you. Hey, listen, we are going to lift you.

We're going to coach you. We're not going to yell at you. So safe place here. We know that you've got a lot of questions. We want to meet you where you are. And here's how you do it. 888-825-5225. 888-825-5225. You ready to go? meet you where you are and here's how you do it triple eight eight two five five two two five triple eight eight two five five two two five you're ready to go let's get into it so we didn't

plan this today but we're both rocking sweatshirts can i think you stole the hoodie game from me a little bit not gonna lie oh really just a little bit so you i was unaware that hoodies existed until i met you is that what you're implying let Let's go to the phone line, Ken. I thought so. She's sassy already, and I like it. Edwin is going to join us in Knoxville, Tennessee. Edwin, how can we help you? Hi. So this is a bit of a dumb question, I think, but I'm 23 in college, and my question is, should I try and jump the gun and move out before I finish? Um, right now I'm currently living with my parents and,

uh, I've got money saved up planning on buying a car, getting more jobs over the summer to, you know, it depends out well to move out, but, you know, it depends out well to move out, but, you know, kind of wondering, hey, is it a good idea to move out while I'm still, like, I still have a little over a year left of school left to finish. So, I'm just kind of wondering. So, when you set a question up

like that, that means you believe you might be jumping the gun. In other words, you are a little concerned. So, why don't you share with us what your concerns are, and then we'll walk through that with you. Just to be clear, are you talking about jumping the gun and moving out or jumping the gun and quitting school? Moving out of his parents' house. Oh, okay. Just checking. Yeah. Just moving out of my parents' house. So what are you worried about happening? What are you concerned that might happen if you were to do this my main concern is i won't

regulate my spending habits well simply put like i'll go from because right now i have little to no expenses right i don't really even pay the amount it would take for rent do you have a history do you have a history in your life, your very young life of burning money? Not really. I mean, I do spend not huge amounts, but I do give more freely than I think I should. Well, to be fair, you haven't had to regulate your money. I mean, you haven't been forced to because you've been at mom and dad's, and I'm not saying this in a negative way. I mean, you're 23. So you haven't had to be as intentional as someone who lives on their own and must pay rent and must buy food. Like you haven't had to do that. So there is that side of it. Fair, but I'm driving in on something, Edwin. Are you a person who you're real? I mean, you sound like a guy who's pretty smart with your money and you think caution first. Is that true or false? True. All right. So my point is this, it's a legitimate

concern, but is there any evidence that this concern could happen? Do you think if you move out that all of a sudden you're just going to get willy nilly with your money and not be able to pay your rent? Are you going to become a person who all of a sudden doesn't think, do I have enough to pay my rent first? Because that's how you are right now true or false it is how i am right now but like keep going it's strange no it's not strange you're a really smart guy what are your other concerns jade and i want to hear it let's walk through this thank Thank you. My other concerns that pile onto this is like living a family, you know, I haven't, I've always had a second hand on the wheel, so to speak, when it comes to having financial help with my life. Like for example, the car I'm planning on buying,

it's, it's from my parents. Like they're selling it to me no interest you know great deal and um that's how i'm gonna get my first car but i'm more so worried when i move out i won't always make the best decisions listen what you're describing what you're describing a i want to validate like it's a normal feeling it's literally you growing up and and spreading your wings and becoming an adult um and there is something to that. Like, yeah, you used to have mom and dad's help. They used to help you out, you know, with the payment or the insurance. And like you say, if you're hungry, go down to the refrigerator and get some food out of it. And you're at that age where you are starting to cut the cord, so to speak. And I would, to Ken's point, it's okay that you're feeling that way.

And some people are a little bit wired in a more cautious sense, but part of this is just facts of life in that you are entering into a more independent phase of life. And if it were me, I would engage you to lean into it and start to make some of those cuts, maybe while you're still

in your parents house so maybe it is something like um hey they still pay my cell phone bill okay like take it back and say you know what guys i'm starting to be more independent i'm going to pay my cell phone bill or start pulling back those areas and then you're going to start to see okay i can do this i i'm getting my confidence under my belt. And before you know it, you're going to go, oh, this is, like, I can do this. This is time for me to do this. Are you on campus? I'm about 20 minutes away from campus. Right. And you're living with mom and dad, and so you're going to school locally, right? Yeah. Okay. Listen, I don't think there's a right or wrong, okay? Because to me, you don't sound like a person who's going to make frivolous financial decisions i just don't think that's who you are uh i think that if you

want to move out great be smart about it when you don't know what the right move is sounds like your mom and dad have guided you well financially and they themselves are responsible financially is that correct for the most part yeah for the most part but here's the deal you can call them and get an opinion but i just don't see you doing anything crazy now if it was me and i'm going to give you the and jade may have a different version for what she would do if it were me and i was going to school locally 20 minutes away and i was almost a year out before i finished and i was with my mom and dad i'd go ahead and stay and and and what i would do is focus on school and any work that I had outside of school that was making money, I'd be stacking cash and I'd be planning for my exit once I exit school. But

that's what I would do. I would just stack the cash and then once I left, once I got out of college, I'd be gone. That's what I actually did. I mean, once I left school and I didn't graduate, but once I got into the real world, I never came back and lived at the house. I mean, once I left school and I didn't graduate, but once I got into the real world, I never came back and lived at the house. I would stop in. I was in between jobs, so I would stay there for a week or something like that. So that's what I would do. I would stay home and plan for my future. But if you want to step out now, I'd go for it. Do you have the money i'd go for it you have the money to step out i do i knew he did um um well you're i'm sorry my screen says you don't have a car or a license i'm just trying to figure out what you do what you do have in place because those are pretty important to step

out on your own they are they're very important um why don't you have a license? That gets into family stuff just a bit. The biggest reason is not comfortable learning to drive with my parents and they've been a bit strict of who I'm allowed to learn with. I've been gracious.

Alright. For that reason alone, I'm going to make a sweeping judgment. For that reason alone i'm gonna make a a sweeping judgment for for that reason alone i want you to gain more independence because being 23 i want you to have a license i want you to save up and pay a car and probably for you getting out of the house is going to be a good thing good grief i'm sorry you need to have a license i can't call man what i didn't disagree with you i'm saying good. I didn't know that was his situation. We were talking about something else.

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Coleman. Jade Warshaw joins me, and we are thrilled to be together here for you and your questions, 888-825-5225. We're here to talk about your money. We're here to talk about your work and that income, and we'll talk about the relational aspect of all of that. And so jump in, 888-825-5225. Okay, a couple of quick announcements. We're always putting out content here. First, I want to talk about my colleague, Rachel Cruz. She's got this fabulous series planned, I guess, because here's number two. It's called I'm Glad for Where I Am. And for our viewing audience, you can see this. We've got it on the screen here, and I'm holding it. This is really, really well done.

And this is all about appreciation and gratitude and contentment, the series. This is I'm Glad for Where I Am. And so really, really great stuff, great messaging. It's heartwarming. It helps your kids be grateful about family and home, to really understand their groundedness. And this is really, really good. If you preorder it now, you're going to get access to the live online event,

Storytime with Rachel, and Q&A. So that's really fun. And then I've got a new book out, short. This is about a 45-minute read called Find the Work You're Wired to Do. But what is it? For those of you who've seen my books before, it's very different. This comes with the Get Clear Career Assessment. And so the assessment and this book answer four questions.

Here it is. Who am I? What do I want to do? Where can I do it? How do I get there? That simple. The assessment itself is one of the greatest self-awareness tools in the professional space. And then this book is written to come alongside of you once you get that assessment, which tells you what you're good at, what you

love to do, and what motivates you. And this comes alongside, and I coach you through right now, how do we pick the right destination, the right path to win professionally, which watch this money audience allows you to win financially. So that's coming out in about a week or so. Let me hold that book. Okay. What I love about this, hear that? Oh, the hard cover.

That's it. Like this is a 45 minute read. You throw it 45 minutes, throw it in your backpack. It fits. Thank you. Come on. Love that. By the way, if you order it before it comes out in about two weeks, here's what's cool.

You don't get a bunch of a million things. You get three versions of the book, hardcover and an assessment, e-book and an assessment, and the audio book and the assessment. So essentially three books and three assessments for the price of one. So you can get that all at rseySolutions.com slash store. Rachel's book, RamseySolutions.com slash store. All right, thanks for being patient with the announcements. Let's go to Grand Rapids, Michigan.

Catherine is there. Catherine, how can Jade and I help? Well, first off, it's an honor to be allowed to ask you guys some questions. Well, it's our honor to be asked. So fun. So what's going on? Okay, so a little bit of backstory. I am 24 years old, just turned 24 last month. I am currently four and a half months pregnant. Oh, congratulations. I'm going to be a single parent. And I have the Baby Step 1 completed, but I'm $13,000 plus in debt. Can you tell us what kind of debt it is?

Well, there's a few different ones. I am in debt to family, my dad, my younger sister, and my grandparents. Credit card debt of $980 some. Okay. And a personal loan of $3,000. Okay. And the rest, the other $10,000 or so or $9,000 is to the family? Yeah. I've got $7,050 left to my grandparents, a little over $400 to my younger sister, and about $140 to my dad. What's causing you to borrow money from your family? Well, I had some financial trouble a couple summers back. I got scammed a few times, which caused me to go into the hole with the bank a couple of times. The first one was in actually right before my 22nd birthday, which my grandparents helped me get out of debt with the bank for, which is why I'm still paying them back. And then that same summer, similar deal, similar scam type. And I was unable to pay my rent or my electrical bill. So my dad and my younger sister were willing to help me get those paid for that month. Okay. You're working? Yes, ma'am. I work

as a groundskeeper and student supervisor for my hometown university. Okay. What are you earning or taking home? $14.28 per hour. And if I go by gross, it's approximately $29.06 a year. Okay. You live it on your own or with family? I live in a one-bedroom apartment by myself.

What's that cost to you? My rent per month is $600. Okay. And how much of this are you seeing in each paycheck? What do your paychecks look like? Depends on whether or not I'm able to get OT. An average paycheck is about $905,000, $907,000. Okay.

And if I'm able to get overtime, I'm only allowed to get about five hours per week, so it's like upwards would be somewhere around $1,060. So the most you would be bringing, excuse me, is $2,000 a month? Yeah, just about, and that's after taxes. That's how much I see. Right, that's what we want. Yeah, that's good. It's how much right that's what we want yeah that's

good it's good to know okay so the question is you're having a baby tell us tell us in your mind what the question is how can we help you today well i know you guys say stop the baby steps well get first get your emergency fund down and stop the baby steps while you're in the progress of pregnancy. That's right. But I really need to get at the very least a personal loan gone before the baby gets here because that is the only one that has any type of interest on it and it's 18.6%. Right. Okay. So let's talk about that um yeah you're feeling you're feeling the the the crunch of this right you're feeling the walls start to kind of cave in because

you're seeing all right now i'm realizing the gravity of this decision wasn't good to take out these loans and now you've got this baby on the way as well um what i want to caution you towards is not falling into the same trap, right? Of I got to do something, so I'm just going to do this. And so in this case, we've got to kind of pause and take a look and survey the whole situation and go, OK, if you don't save money and your baby comes, listen, you've got to go on maternity leave. There's a lot of things that are going to be coming up financially that you need money for and it does suck like when you have debt that is accumulating interest that

sucks but that's also part of what happens when you pull out debt and so you kind of just have to accept that's where you're at right now and your a one priority is saving up money so that you can take care of this baby and so that you can have peace around the fact that this is coming and you're financially prepared. What do you think that number is? Give her a quick suggestion. To save up money for a baby? How much would you want her to save?

Well, she's going to have to run out these numbers because, okay, she's used to making $2,000 a month. Let's think about the fact that you're going to go on maternity leave at least six to eight weeks. Okay, so how much money is that? That's three months worth of salary. So you think it's six grand? It's for sure two months worth of salary.

I'd want three just in case. And then have we talked to the groundskeeper job? They know what's going on. So you've got some things that you need to do to plot this out. And then there's the cost of having the baby. You know, if you've got insurance, you're going to probably have to hit that deductible. So there's money coming. I want you to call your insurance, find out how much it's going to cost for you to have this baby. I want you to calculate how much you need for at least two months of maternity leave if you don't have paid maternity leave. And these are the things that you need to have in place. And when you have

that, you're going to sleep better at night when this baby gets here. And here's the deal. That means you're going to have to go work more jobs. You're not just relying on the five hours of overtime from the current gig. You need to be working all the time right now as much as you can physically that's healthy for you and the baby. Got to get more income. This is The Ramsey. Welcome back to The Ramsey Show, where we help people win with their money,

win at work, and win in their relationships. I'm Ken Coleman. Jade Warshaw joins me. We're thrilled to be with you today. And, boy, I tell you, I never thought I would sort of kind of arrive, but, you know, you kind of co-host the Ramsey Show, and we're popping up in all the podcast charts, and I call my mom, and she's so proud of me. And Dave talks about where we're at

on the charts. But the show is growing in so many places, and we just want to say, however you're listening, thank you. And however you're watching or wherever you're watching, thank you. Would you help us grow? You can do that. If you're on YouTube and you like it, give us a thumbs up right there below the video window. Subscribe to our channel and share. And if you're listening via your favorite podcast app, give us a five-star review and to follow. And that is so, so kind. We appreciate that. We want to get to as many people as possible.

And it's got something to do with algorithm. I know what it means. I just can't spell it. So thank you very much. All right. Let's go to Friedrich. I hope I'm saying that right. I think I'm hooked on phonics. We'll find out. He's in Edmonton, Canada, home of the Oilers. Friedrich, how can we help? Hey, Ken. How are you? Good. Did I say your name right? Yes. Oh, that's very exciting. Well, how can we help?

All right, perfect. So is it okay if I give you just 30 seconds of context? I'll allow it. I'll allow it. All right. Yes, of course. Fantastic. So I'm currently a filmmaker, and I'm currently still in school. I want to do filmmaking as a full-time job. I have put together a perhaps idealistically crafted plan, as well as an advertising campaign. I understand it will be very difficult to secure full-time status in the time frame I've set, but the whole idea, or maybe it's just the way it conceptualizes itself, feels

a bit delusional, I guess. My question is, how can I know if reaching full-time is even possible at my current position in life, and how can I know if it is-time is even possible at my current position in life? And how can I know if it is or isn't all just delusion, I guess? Okay. So, you mean, is it possible for you to be full-time in the film or television or video production industry? Am I understanding that right? Yeah, pretty much. I mean, I'm turning 16 in a few days.

Yeah. So, the answer is, Friedrich, of course it's possible for you to be full-time in film, television, or video production. Now, to what level? I can't answer that. And you can't either. There is this thing called the dream, right? And this is the ultimate, and I'm going to attempt that. And the process and the journey along the way is really enlightening and still very rewarding. But the reason you feel this way, and the answer to the question, is this a delusion? No, it's not delusion

if you actually have some talent. If you're talented in this area, and that could be, by the way, we're talking about a wide range. So do you see yourself directing, producing? Are you more on the editing side? Are you the cinematography side? And you're only 16, so there's no wrong answer here. But do you think that if I interviewed everybody that knows you, and I'm not talking about your best pals, I'm talking teachers and adults who, to be honest, would they say,

you know, Friedrich's got an eye for this, he's always been talented at this, this, and this. Do you have base-level talent at the age of 16 in this area? Yeah, well, basically what I want to do is more working for myself as in doing wedding videos and real estate videos. Great. It's not traditional film, I guess, but to answer the question, I would probably say yes.

Yeah, and you're only 16. How many more years of school you got in high school or whatever? What do you call it in Canada? Yeah, two years. Two years. So years so my friend there's zero pressure and i feel your heart um and i i can hear your head in your question and i was that way i was the kid that was like dreaming dreaming dreaming and then is this crazy is this nuts is this you knowusional? And if a person asks if it's delusional, they're usually not delusional. I find that. What's the opposite? My question to you would be, what would make it not attainable? What are the things that make it not attainable?

I guess just not getting enough clients, maybe. Okay. And keep walking that out. I love this question, Jade. Keep walking that out, Frederick. What would have to be true for you not to get clients one day that want their wedding filmed? I don't know. Maybe running out of opportunities and people to ask, I guess. That could happen because we know people don't get married very often. That's right. If you're swimming in a shallow pond, you might need to cast the net a little bit further.

But I mean, I think that's a good exercise to go through and say, okay, what would keep this from happening? A, I suck at it. B, I don't know enough people and I don't know how to market to reach more people. So start writing out those lists and then start figuring out what it looks like for you to solve those problems. But Friedrich, the fact that you've got the talent, the fact that you're a little bit worried about not being successful tells me you've got really two out of the three and three pieces. And I think a third piece is just flat out,

get some experience. See what's great at 16, you can just start volunteering your services until somebody hears about you and they go, Hey, I heard you shot my, my cousin's, uh, anniversary thing. And it was so well done. And they put it on Facebook. What would you do for me? You go, hey, I heard you shot my cousin's anniversary thing, and it was so well done, and they put it on Facebook. What would you do for me? You go, well, that one was a freebie. This one's going to cost you. You know, just start doing it. You've got two full years to show your work.

In fact, I'm going to recommend you get a book. It's called Steal Like an Artist, and you get the second book called Show Your Work. Both of these are written by a guy by the name of Austin Kleon. They're short little books. It takes you about 15 minutes. And I think it would be really good for you as a 16-year-old to begin to go, what are wedding videos or whatever videos that I see that I like? And begin to study your competition.

Who's doing it well? What do you like about what they're doing? How would you do it differently? And you begin to develop your own eye. And I don't know if that's an actual phrase, but my colleague here is really a phenomenal musician. Run with it, Ken. Run with it. And you at some point developed your own voice. She became a very, very popular singer and she made a lot of money. And she developed her own Jade style. In other words, she interprets songs her way, but there's no unique song or artist out there. They're all stealing from everybody, and that's a good thing. So those

two books, Steal Like an Artist and Show Your Work, that's my recommendation. Thanks for the question. I love that. All right, Rachel is joining us now in South Bend, Indiana. Rachel, how can we help? Hi, thank you for taking my call. You bet. I did the math this morning and realized that my husband and I are not worth millionaires. Hey!

Come on, somebody! We need some celebration music, James. I know, you can't just cruise past that like you didn't say what you just said. That's really great. We're going to get a little something like maybe it's a hockey sound and the crowd going nuts we need some little sound effect when somebody tells us that but anyway we digress uh go ahead rachel what can we

answer yeah so um we currently have some real estate and then our primary residence that we owe a little bit on each that's not included in the net worth. That's not included? I mean, that's so the debt is not. So I already took that out. Okay. So we have an extra $5,000 a month that we have been putting towards just paying those off completely. And I'd like to have it all paid off in the next three years.

Okay. I know that it's usually recommended to pay off your home first, but we have less on the real estate. And I feel like if we pay off the real estate first, we'd have that extra payment to throw down on the primary residence or to have backup for all of the water heaters and furnaces and the little pumps that go along the way. Well, why don't you run me through the numbers? Let's start with the primary. Tell me what you owe on it and tell me what it's worth. It's worth $400 and we owe $177. And in the real estate, the properties are worth $600 and we owe $98. If I paid $5,000 a month, we could have...

Can you break them out for me? Can you break them out individually? That way I can get a better picture. So the real estate, it's just one commercial loan. Oh, but I thought it was several properties. It is. Oh, but under one loan. Multiple residences on a commercial loan.

Okay, so the loan is, you said $600? That's what it's worth now, but we only owe $98. Okay. So the loan is, you said 600? That's what it's worth now, but we only owe 98. Okay. Got it. So it's worth 600. You only owe 98. Got it. Okay. So yeah. What are you wanting to do here? You're putting 5,000 extra a month on it. I'll tell you what, Here's the deal. That music means we've got to go to a break and we're not finished, Rachel. So if you're willing to hold on, we'll come back and allow Jade to walk you through this, okay? So good stuff there. Hang on the line

and we'll get back to you. Alright. Hey, don't forget that you can jump in on the conversation. 888-825-5225. She's Jade Warshaw. I'm Ken Coleman, and this is The Ramsey Show. We'll be right back. Welcome back to The Ramsey Show.

I'm Ken Coleman. Jade Warshaw is with me, and we're here for you. And so we went into the break, and Rachel was with us in South Bend. And Rachel's question is about multiple properties that they have debt on and the primary residents. And they are net worth millionaires as well. So we kind of got into the break. I'm going to give it back to Jade to walk her through that. So here we go.

So, Rachel, it sounds like the biggest thing, you've got the primary residence. You owe $177,000 on it, but it's worth $400,000. And then you've got a large loan that embodies several properties that you owe $98,000 on and it's worth $600,000. And you're just trying to figure out, hey, which one should I sell first? Like which one should I pay off first, right? Correct. Okay. So you told me, I think you told me that right now you're putting $5,000 extra on the loan that carries the properties. And if you keep doing that, you'll pay it off in three years?

If we keep doing the $5,000 a month, we'll have them both paid off in three years. But I'd like to pay the real estate off first because I think it'll free up the payment. So we'd have that extra $1,800 a month to use towards any maintenance expenses that I expect, even though I know it's usually recommended to pay off the primaries first. Honestly, the fact that they'll both be done in three years, I think it's fairly negligible. Three years is such a short period of time to have these both paid off. I mean, if you wanted to say, yeah, we're going to roll it all into the big loan first and do it like that, that's fine. Or if you wanted to do the primary residence one, fine. It's such a small difference between the two of them. And my guess is,

which one is going to free up the most cash if you paid off first? Actually, we'll both free up the exact same amount, but we would just be able to pay off a smaller one first. Yeah, I think for you guys, I think it's very negligible. And so for me, whichever one you choose to do, they're both going to be completely gone in three years. They both yield the same amount of return once it's, you know, once you've paid it off. There's not really a, whatever one makes you feel better at that point. I mean, in many ways, I might say, hey, do the primary first because it's where I live and it eliminates that risk. You could do that. But because you owe so little on the on the properties, you might do those first. I mean, it's not like you're going to sell them. You're going to you know, you're going to keep it.

So what are you leaning towards? I'm leaning towards doing the real estate first so we can free up that $18 a month payment and then feel like I have some wiggle room instead of trying to be push, push, push for the $5,000 since the other one would take longer to free up the extra payment. How much longer? And then not feel frustrated. The primary would take two years to pay off and then one year for the real estate versus one year for the real estate and then two years for the primary. I mean, if you really want to know what I like, if I were Jade, I woke up in your shoes, even though the real estate, the rentals are less, I'd probably do the primary first. It's two years versus one year. And it's going to feel really great to go to bed at night in your own bed that everything's paid for thank you if you don't do that like no skin off your

back but i'm just saying if you asked me that's what i would do all right there you go okay thanks for the question rachel appreciate that very much uh today's question of the day comes from megan in south carolina she asked what advice would you give a young and hungry adult who wants to be successful fast, but seems to hear the word no from the higher ups in a company? Well, this is funny because when I see someone who wants to be successful fast, number one, I certainly understand that. I feel that. And sometimes that's part of the answer, is that maybe you want it a little faster than is actually possible. Unrealistic expectations lead to unmet expectations every time. And that's really,

really frustrating. So when I'm not getting my expectations met, one of the first things I've learned to do, Jay, to say, how realistic were these expectations? In other words, am I being emotionally mature, emotionally healthy with my frustration? Now, there are a couple of questions I would ask too, Megan. I would ask, why am I getting these no's a lot? And that could be the expectation issue. If it's not, if it's something else, what's the pattern? Is there anything you can learn and do as a result of all these no's? And if the answer is yes, then we do something.

We learn and do. They're telling no because you don't have this skill set, so I've got to go develop that skill set. Or they're saying no because you don't have the experience. So you go, okay, I'm going to pay my dues and be patient. They might be saying no because there's a better fit, and that sucks to hear that sometimes. But I've played enough sports to know that there are a lot of times I could play my absolute best. And boy, I'm learning this in pickleball right now, Jade,

play my best pickleball game and still lose because the dude across the net, or in the case of about a 64 year old lady who just completely outplayed me not too long ago, she's a former tennis player. And listen, she was better than me. And so you got to live with that. So what say you? That's what I think I would do if I kept hearing no's and I wanted to be successful. Anything you want to add to that? I don't think so. I mean, you definitely don't want to ignore when you hear multiple, multiple no's. You want to see what it's... It could be time to leave or there might be something that you have to face with the man or could be time to leave or there might be something you know that you have to face with the the man or woman in the mirror there's something there and also can can i

add i feel like didn't i beat you at pickleball one time no no you may have been on a team that beat me but you did not beat me and sam your hubs is in the lobby there might have been i'm pretty sure that you on when we played with a good friend of ours, the four of us, I don't think I lost, actually. Am I remembering that wrong, Sam? To be fair, we had doubles. It was four of us, and we kept shifting the team. Yeah, and as the person shifted to my team, they became victorious.

Yeah, when we played together, we dominated. Let's be honest about that. This is true. And you know what? While we're having fun with this, this is a legitimate athlete here. I am a complete poser. I was high school level only. I'm sitting next to, if you don't know this about my colleague,

and I'm going to brag about you, D1 volleyball player. So we're talking next level reflexes. And intensity, oh boy. So I told her she'd never played with me before. And I don't know that she'd ever played before, period. I hadn't. That was the first time. That's what I thought.

Yeah. So we're out there playing. And I said to her, I said, look, you get what you can get. Here's kind of a dividing line, but it goes, you just, but just communicate. Yeah. And so every time that the ball came anywhere near her, she said, I go, I go. I go. Every time before she hit the ball, it was I go.

You got to communicate. I enjoyed it. It was very, very heartwarming and fun. Very intense, though. I go. For me, it was great to see your calves for the first time. Or lack thereof. Yeah.

Unfortunately, pray for Jade. She had to see my legs. They're just skin and bone. But I digress. But, you know, there is something to, back to the question of the day. Yes. I do want to talk about this for a second because I actually wanted to get you to weigh in. So let's frame this question.

Let's reframe it to, we have a lot of people right now that are listening and watching that have heard Dave or one of us say, you know, there's two ways to get out of debt, and that's cutting expenses and adding income. And we could also say, that's how you win financially, is at the end of the day, yes, it moves you through the baby steps faster, but increasing your income has a professional context. And when you look at that, it is hard sometimes not to get impatient, not to get discouraged when maybe you get overlooked for a promotion or you're out there looking for that second job, or you want that better career path to go from maybe making 60 to 80 to 90 to a hundred thousand. And I wanted you to speak to this because you understand it as an athlete

when you want to compete, you want to win, you want to earn a starting position. I wanted to speak to the mindset of our audience about winning professionally so that they can win financially. What say you? Well, I mean, the thing that stands out most, not only in the question, but in life, is she wants to do it fast. Like, I got to do it fast. And I do think there's a component to whether we're talking about sports and getting to the point where you're a winner, there's a journey that is part of this. And sure, you could,

when it relates to finance, you could go pick up a quick side hustle and pick up some extra dollars. But for the people who are trying to have career growth and, you know, go along that path with you can, there's something to be said that there's there's a bit of a journey here there's a time uh a timeline that's taking place and it's not overnight and we shouldn't get discouraged by that right you don't you don't become a master at anything overnight there's a there's a timeline there and so in this case no might not be the have anything to do with the fact that she's not skilled. It just may be not now.

You're just getting started. You've got more time. So as in paying off debt and winning professionally, building a healthy marriage, raising healthy kids, this is a long haul. You're training for the marathon right now. You know a little something about that. That's right. There you go. Good stuff. Good hour. You know a little something about that. That's right. There you go. Good stuff.

Good hour. Jade Warshaw, thank you. Thanks to James Childs and the crew behind the glass for keeping us on the air. Thank you, America. This is The Ramsey Show. Take care.