The Ramsey Show - App - You Can't Control Congress but You CAN Control YOUR Decisions (Hour 3)

Episode Date: September 30, 2019

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🎵 Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, it's the Dave Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. I'm Dave Ramsey, your host. Thank you for joining us. Open phones at 888-825-5225. That's 888-825-5225. The debt-free degree town hall is here in our new Ramsey Solutions headquarters tonight in our, I don't know what we call it, meeting room.

The stage is absolutely beautiful. It's where we had staff meeting this morning. It's where we eat lunch when we're having, we get a little food from our Ramsey Cafe that feeds our team here. And people are starting to gather already. It's not for several hours, but at 6 o'clock Central Time this evening, you can watch the town hall, the debt-free degree town hall, how to go to school debt-free, have some actual humans that did it, and we'll have some experts, some people inside the business,

certainly Anthony O'Neill, a Ramsey personality with a new book, Debt-Free Degree, coming out, and me. No, it is not an infomercial. It is full of information. And yes, we will be telling you about the book again. You can count on that. But it's not what the whole thing's about. It's about how to really change the discussion, change the narrative for students in America today.

This idea that you are required to be broke to be educated is absolutely ridiculous. And it's got to stop. Things have to change. And guess what? We're going to give some people $10,000 worth of scholarships. We're giving away $10,000 in college scholarships. Not tonight, but we're going to do it this month. It starts today.

The sign-up started today. Everybody say $10,000. That's a lot. Yeah. So, hey, we're going to put some actual money where our mouth is on this subject, too. We generally just mouth about things, but this one we're actually putting some money up. Speedy Prep came alongside us, sponsored this. So we're actually giving away $10,000 of their their money but that's okay we we caused it to happen and so you're going to get ten there's going to be people that get a total

of ten thousand dollars in college scholarships now here's the thing go to DaveRamsey.com if you have a high schooler no purchase is necessary DaveRamsey.com slash scholarships. And we began taking entries today. We will give those $10,000 worth of scholarships away this month. I forget the actual denomination, whether we're doing five twos or what we're doing. But the deal is pretty simply DaveRamsey.com slash scholarships. Everybody say $10,000. That's a lot of money. David is up first this hour in South Carolina. Hi, David. Welcome to the Dave Ramsey Show. Hey, how are you doing, sir?

Better than I deserve. How are you? I'm well. Listen, I have a question. Just kind of paint you a little bit of a story here. I'm at the tail end of the debt snowball. We have about two grand left to pay off. I currently work from home doing remote office work for a transportation company.

I make about $15,600 annually as a 1099 employee. My wife makes a $1014 take-home. Did you say $15,000? $15,000, yes, sir, $15,000. So you don't work much? No, I work part-time $10 an hour. Okay, all right, gotcha. There's other stuff, too.

My kids are in school, and, you know, there was a divorce situation, and we had some behavioral stuff with our kids and whatnot. So I'm at home taking care of my kids when they get home from school. Living at the poverty level. Correct, yes, sir. Yeah, okay. care of my kids when they get home from school living at the poverty level correct yes sir yeah my wife however makes a hundred and one four is this the wife you divorced or your new wife my new wife yes sir okay um we also get child support 160 a week and we have three kids house payment is about 1800 a month um my wife is on board completely with the, with your plan. Uh, I learned how not to be a jerk with her. It's amazing what happens, how you communicate when you

kind of, you'll get an agreement when you kind of, you know, work together on things. We've agreed to pause. We've agreed to pause the 5% match on a 401k, though it is really sweet. My question is, I would like to increase the size of my shovel in order to build my emergency fund, take care of my family more, and build wealth as quickly as possible. I'm considering, honestly, getting a real estate license and looking into the possibility of working as an agent. I'm taking the tires on this as a career, and I wanted to know other benefits of having a license and I'm pushing 40 with very little that I've saved away. Okay. Have you sold before? I have. No, I have not sold real estate before. Have you sold anything before? Yes, sir. What'd you sell? Cell phones, retail. Okay. How'd you do?

I did very well. I was top 5% of my market. Okay. What do you attribute that to? Personality and connection with the customer. Building relationships. So you actually listened instead of talked. You found out what they wanted and you served them. Correct.

And you did that with an extroverted personality yeah okay right and i also do that in the real estate business if you do that in the real estate business you'll make a lot of money and you'll help a lot of people get a home that they want you're going to do really i like helping people get where they need to be in life yep but i don't like you you know, over, under. I just like helping them find that sweet spot. Yep. Exactly.

You're going to do just fine. You'll do really well. Real estate agents who sell houses don't do well. Real estate agents who help people find the house that they love by listening and serving them do extremely well. See the difference? Yes, I do. It's not transactional. It's relational.

It's about serving. It's not about selling. And if you'll just serve a whole bunch of people, you'll make a lot of money. We tell our team all the time around here, I don't want anybody selling here. I want people serving here. And it has the same net result to your paycheck except better. But, I mean, it's actually making a sale. But I don't want to sell somebody a book.

I want to serve them by getting the information that's in the book. And, you know, if you read Anthony's book on debt-free degree and you don't borrow $40,000 or $50,000 on a student loan, was a $20 book worth it? You're dadgum right. I served somebody. And, you know, that's not selling that's serving and so that's the way we look at things around here and i grew up in the real estate business i got

my license when i turned 18 i love that business and residential realtors that work their butts off now it's a it's a lot of work um and you but you can make more than fifteen thousand dollars falling off a log in that world. Absolutely. I appreciate the input. Yeah, it's kind of a no-brainer in your situation, man. You've got to go do this. Absolutely, you've got to go do it.

And hold on, I'll send you a copy of Ken Coleman's book, Proximity Principle, and we'll help you take the steps in that thing, in that process, for sure. But, I mean, if you make three percent commission on something on a hundred thousand dollars that's three thousand dollars they do five transactions in an entire freaking year you broke even on your deal so i mean it's what i mean it's just not you can't do that you're not out there showing people houses you can't do five transactions you're not working so you get out there and show people houses, look at houses, get houses listed.

And you can make money in that business. It's a wonderful business. It's a real opportunity to help people too. It really is. When you look at it right, it's a great world. I love it. I would go do it if I were you. Hold on.

We'll send you a copy of Coleman's Proximity Principle book. This is the Dave Ramsey Show. I got a call the other day, and I thought it was worth talking about again. It was from a wife looking for life insurance for her family. She asked why I only recommend term life insurance instead of cash value plans like whole life. I usually explain how you overpay for coverage, earn a horrible rate of interest, and don't get your cash value when you die.

But this time, I just had her go straight to Zander.com and get a rate. And then we compared that rate to the whole life plan, and she immediately saw the huge savings. She realized all the things she could do with that money, like paying down debt, investing in a smarter way. That made it real for her. It makes no sense to buy or keep a cash value plan when there are smarter, less expensive ways to protect your family.

That's why I suggest that everyone go to Zander.com or call them at 800-356-4282 and get a free quote. That's zander.com or 800-356-4282. Annie is with us from Missouri. Hi, Annie. Welcome to the Dave Ramsey Show. Hey, Dave. Thanks for taking my call. Sure.

What's up? Well, I have a question about IRA contributions. So we're working toward getting up to our 15% saved for retirement. And my husband is significantly older than I am, and I'm wondering if that makes a difference in which Roth IRA to plug into first. Hmm. Well, if you plug it into his, he'll have access to it for both of your years sooner. Right, yes.

There's no real downside for you as far as risk goes, because in the, God forbid, event of his death, it would be passed to you, or God forbid, in the event of a divorce, you'd be able to argue over it. You'd get access to it so for instance if you were married to him and he had a million dollars and a 401k and you had nothing in your name and you got a divorce you'd likely get half that 401k in most divorces okay so so you're not really at risk that way and so it's it's it is truly looked at as uh you know the property of the marriage regardless of whose name it's in.

So I think I'd put it in his first, but later on you're going to get to the point you're funding both of them anyway. Yeah. Yeah, hey, and one more question. I know there's an income limit for a Roth IRA, after which you have to do a backdoor. Is that correct? Correct, $200,000 for married filing jointly. Okay, and so I guess my question is, when we take out our retirement contributions, which are pre-taxed,

I think that drops us below $200,000. So then we're qualified to just do a straight Roth IRA. Is that correct? Yeah, it's adjusted gross. But now your return on contributions, a Roth IRA does not reduce your income. Right. No, I meant through his 403B.

Yeah, yeah. That should reduce his income for purposes of that calculation. Double-check that with your tax preparer. I'm not a tax expert, but that's how I understand it to be calculated. Alicia is with us in Texas. Hi, Aliciaicia how are you i must have missed the button let me try it again there it is hey alicia how are you am i here now there you are now how can i help all right well my mom died uh in may i'm sorry and

thank you um there are my father passed away about nine years ago and he left money to her and now she has left money to me and my three siblings. In addition to her death, I'm the executor of her estate. I have also just been granted guardianship by the state of my 30 yearold brother and both his person and his estate, the money that my mother has left him, and I'm going through a divorce. Wow, what a year. Oh, yeah. Is your brother disabled? He has been found incapacitated due to addiction issues and mental health issues.

Wow, how challenging. I'm so sorry. Thank you. How old is he? 30. Okay. Does he work now or is he... He has never had a job. Okay. And so how much was the inheritance? So far in beneficiary payments, we've each received about $300,000.

There'll be more after I settle her estate. To the tune of what? Oh, we're not exactly sure, but it'll probably be another $50,000 to each of us. Okay. So he'll have $350,000 in his name that you're to manage for his good. Correct. Meanwhile, you've got... We've already... Go ahead.

We've already put $200,000 in safekeeping, so I only have access to $100,000, but that's going toward rehab and things like that right now. Okay. So safekeeping, what does that mean? Since I don't, I have to be bonded by the courts for the amount of money that I can manage. And so since we don't want, I don't, you know, nobody wants me to go buy a Ferrari. I don't want a Ferrari, but, you know, they put it under seal, basically, with the bank so that nobody can touch that money without a court order. But we are filing motions to be able to invest that money.

Yeah, I would think. Yeah, absolutely. If you, you know, so your mother trusted you to manage it for the good of your brother, but the court didn't? No, no, no, no. She had said that if she passed before he was 30, then a trust would be set up for the proceeds of her estate, but beneficiary payments are outside of the estate. So the courts are now, I am now his guardian as of two or three weeks ago, and I only want access to a portion of it for now.

The rest of it is just set aside for later. Well, I just would want it invested for his good. Oh, it will be. It will be. We're working on that. It takes the court order. Sticking it in a bank and calling it safe doesn't make sense to me. Oh, that's not what's happening at all.

Okay, you said safekeeping and it was in a bank. I didn't know. Yeah, I didn't know these legal terms either. Okay. It's a safekeeping order so that I only have access to a certain portion of it and the rest of it is going to be invested. Per your direction. For later on.

I'm sorry? It's invested per your direction. Correct. Okay. It will invested per your direction. Correct. Okay. It will be. All right. Anyway, so how can I help? Well, you know, I think I've got him pretty much settled.

I'm going to diversify him in four ways, and I'm going to take court orders out, you know, as I need them, as I spend money for his care and health concerns. And then there's me. I'm going through a divorce. My husband has left the home. I have two children. And I have money now, too. And I want to make good decisions with it,

and I can't even breathe at this point with all that's gone that's gone on I can imagine okay so uh do you have a career I did right now I do not I two years ago I closed down my business uh because I had four surgeries that um one problem after another how old are you for surgery 40 what are you going to do with your life? I don't know yet. Right now I'm going to get through this next six months. Okay. You need to have a plan because $3,350,000 is going to be gone in about 20 seconds if you don't have a plan. Oh, I have better plans than that.

Okay. All right. Because if we can create, to the extent you can create an income and child support to take care of your children, to the extent that there's enough money to do that, you don't have to touch this $350,000. That's my plan. Yeah, then you can invest it and let it grow and use it for some wise things. To the extent you have to use it to live on,

it's going to burn fairly quickly um if it were invested at 10 it would create 35 000 a year right exactly and uh that's still not probably enough to live on the way you're used to living so that you know that's your process um uh so in the midst of you being overwhelmed and having an incredible pile of things to emotionally walk through and deal with bless your heart i mean you really got your plate full kiddo in the midst of all that in the midst of all of that you got to get a cup of coffee and an open bible sit on the back patio and go okay god what do you want me to do 10 years from now? I'd like to kind of start walking towards the light. Mm-hmm.

Exactly. So, I mean, I plan, because I don't have a current job, I plan to pay off my house. How much is that? It'll be about $95. Okay. All right. That's not bad. Worth $240.

Okay. And then you've got to create an income to live on. I do, and I will. Yep. I'll probably start another business. Okay. Well, I mean, you've got to allocate that money out. But the point is, the thing that kills people is not the stress.

It's the not knowing that will drive you bonkers. Ambivalence is harder than challenges. And so that's what I'm trying to walk with you through here in our discussion is, if you'll get some things where you know what to do, what your next three steps are on these different issues, whether it's the divorce the grieving of your mom's passing the dealing with your brother's situation the dealing with your career what are your next three steps what are your next four steps and begin to take them your stress starts to melt away but even if it's hard it's easier because you know you gotta know know. Thank you for joining us, America.

We're glad you're here. Open phones at 888-825-5225. Rachel is with us in Indiana. Hey, Rachel. Welcome to the Dave Ramsey Show. Thank you. How are you? Better than I deserve. What's up? So, I was hoping to get your advice on some things. So, I took financial peace about a year ago, and I tried to get my husband

to go, but he wouldn't go, so he doesn't really understand where I'm coming from when I'm trying to take the appropriate steps to complete all the baby steps. Of course. And he'm trying to take the appropriate steps to, you know, complete all the baby steps. Of course. And he keeps, yeah, he keeps trying to, like, take out car loans and, like, boat loans. And by car, I mean, like, a truck to pull the boat, you know. And I'm like, we're on completely different pages. And we do have student loans, so I'm just trying to, like, take the appropriate steps. But I don't really know

what approach to take um like you know and so like we're like getting arguments about it you know what i mean how how old are you guys um i'm 28 and he is 29 how long you've been married going on 10 years now. Hmm. Well, this is why we generally recommend that you not go to Financial Peace University unless your spouse will go with you, because it causes more problems, not less. Because what's happened is you've gotten some very definite financial information and goals, and they conflict with his impulsive and childish spending. Okay. Right?

Correct. Yeah, so you're starting to feel like the mommy. Yeah, that's what I'm trying to avoid. Yeah, and the little boy's whining because he can't buy a toy. You are correct. Because mommy won't go along with it. Yeah. And that's a very dangerous place for y'all's relationship to get into. Are you guys in a good church?

I am. Just trying to get him to go is a work in progress. Yeah. So there's a whole lot of stuff you do he doesn't do and a whole lot of stuff he does you don't do. Yeah. It's more so like I'm doing it and he doesn't do it. It's that makes sense.

Yeah. Unless something jolts him, I'm afraid as an old guy who's watched this happen a lot that you guys are not going to make it. Because you're going to reach the point that you're disgusted living with a little boy. You're not yet. You still kind of think it's cute and you're still romantically in love and that's wonderful and i'm glad you are but you're going to reach the point of frustration that you're tired of raising him if something doesn't happen this is a real dangerous place for y'all i'm not trying to be mean to him and i'm not trying to just be smart alec or something like that um i i suspect if we've

if the patterns continue, that if you were to go to a marriage counselor, he would not go. Yeah. Because he doesn't think there's any problems. But I would suggest that a marriage counselor would help you help him understand that there's problems. So you need to contact your pastor

and ask them for a good Christian marriage counselor to meet with. Hopefully your husband will go with you. But there's a lot of things going on in your life that are not trending the right way. Let me tell you what I'm talking about, and I'll back up three steps, okay? Because I just threw some cold water on you, and I don't want to leave you there. But we know statistically that the research tells us that couples, before they get married, if they go to pre-marriage counseling, if they can agree on four things, they have a high probability of marital success. Every one of those four that drop out tell us that there's a high probability

of lack of marital success, meaning divorce. Number one is fights over money. tell us that there's a high probability of lack of marital success, meaning divorce. Okay? Number one is fights over money. It's the number one cause of divorce in North America today. Number two is religion. And so far, you're 0 for 2. Number three is raising the kids. And whether to have kids and how many to have.

Do you have kids? I do not. Okay. Are you all want to have kids and how many to have. Do you have kids? I do not. Okay. Are you all want to have kids? Maybe. We're not quite sure on that yet. Who wants to? Who does not?

We both do. I actually just recently applied for dental school. So if I get in, then that's another four years of schooling, and I don't want to have kids during dental school. And the last one is in-laws, dealing with crazy in your family, and there's crazy in every family. So if you can get on the same page dealing with in-laws, kids, money, and religion, those four things are high indicators that you're going to have a high-quality, sustainable marriage. That's what the data tells us from all the research.

And you guys have two, at least two of those missing. And that's what's scaring me for you. If you were my son-in-law and daughter, I would take you all out to dinner and very calmly tell you all these things in an effort to scare you to death so you go do something about this before it blows up in your face. Yeah. So go see a marriage counselor, kiddo, and beg him to go with you because if you do not get to the bottom of this and you all do not get some common ground on this and some compromise on

these issues you're not going to make it in 10 years it'd be just a minor i mean unless one of you just dysfunctional and crazy and codependent and then you can stay together but that's not really staying together that's someone's spirit left their body and left their body in the marriage but i'm talking about a healthy marriage is not going to be two quality people functioning together. You're not going to be there in 10 years because you're not heading there right now. And it's not going to do with financial peace. It's not going to do with Dave Ramsey. You're not in agreement on some of life's biggest issues.

What money flows to tells us what you think is important. And religion, you know, what do we think about God? What do we think about God? What do we think about eternity? These are important topics for the human being to be in agreement on when you're married. Hey, I hope that helps you. I think you can make it. I know you can turn it around. Poor Sharon married a guy just like that.

So we got around it, but it took a lot of bonking on my head, I'll tell you that. Open phones at 888-825-5225. Y'all jump in. We'll talk about your life and your money. Margaret's on Instagram. How much information should we give our kids about becoming debt-free? Tons. My 16-year-old doesn't seem to get it and is beginning to be resentful of the words,

it's not in the budget. Well, tell him what we're doing. Tell him exactly what we're doing and why we're doing it. We're changing our family tree. You're looking at the last Ramsey to be in debt so that we can build wealth, so that we can be outrageously generous, so that your little butt can go to college. So quit your whining, you know. And this is how it sounds at our house, but we're like dinosaur parents. We actually believe that we were in charge. And so kind of weird stuff, you know, and this is how it sounds at our house, but we're like dinosaur parents.

We actually believe that we were in charge, and so kind of weird stuff, you know. But go ahead and tell them everything. The thing you don't want to do with kids is give them a bunch of bad news and overwhelm them, like you don't tell your 4-year-old your house is being foreclosed on. That's kind of irresponsible, okay, because you destroy his little psyche and his sense of security and all that kind of stuff so that's not what we're doing but you can tell a 16 year old

pretty well anything that's going on they're not gonna remember most of it by morning anyway but go ahead and tell them and then you'll get to tell them again later and then you'll get to tell them again later but walk them through it and but the thing is tell them why always tell people that are involved in your life while you're doing this why you're doing it what you're doing it doesn't matter it's why you're doing it i'm doing this so that you know why are we being on a budget and saving up money and not buying a truck to pull a boat that we couldn't afford so that that's why we're doing it it's not it's not that we just don't like trucks to pull boats that's not the point the point is so that so that so that we just don't like trucks to pull boats. That's not the point. The point is so that. So that.

So that. We can be outrageously generous. If we had $10 million, you could help a lot more people. Why do I want $10 million? So that. I can help more people. Why do I want $100 million instead of just $10 million? So that. I can help a lot more people.

It's not anything to do with buy more junk. You can buy more junk. It doesn't take that much money to buy junk. Junk's everywhere to buy. The point is, what's your so that? I want to change my family tree. I want this to be the last Ramsey that worries about student loan debt. I want this to be the last Ramsey that worries about credit card

debt. I want this to be the last Ramsey that gets their water meter taken out of the front yard because they didn't pay their bill. So that, baby. So that. That's why we're doing it, baby. So that. That's why we're doing it, baby. This is the Dave Ramsey Show. Our scripture of the day, Proverbs 15, 22. Plans fail for lack of counsel, but with many advisors they succeed.

I like the old version. In the multitude of counsel, there is safety. Richard Cushing says, always plan ahead. It wasn't raining when Noah built the ark. All right, Beth is with us in Indiana. Hi, Beth. Welcome to the Dave Ramsey Show. Thanks, Dave.

I am really looking forward to listening to the town hall tonight with my two little babies. Well, thank you. Thank you for tuning in with us. How can I help? So my children are just turned two and a half and 11 and a half months old. Yes, we listened to Dave together. But my question primarily is we're in baby step four, five, six, and I currently am funding one 529 that will create 100% tuition coverage.

Should I have two separate 529s, one for each of my kids, even though they're really close in age? It's not a big deal because 529s can be transferred to siblings, so it's not like you're going to get trapped. The only reason you might want to do it is you are so on fire for this, you've got it so under control, that you may at some point want to stop funding that and say I'm going to cover the rest just out of my pocket when we get there or have some other mutual funds in the kids' names that are not in 529 after you get going a while. And then you will have wanted to have kept it separate.

An example would be in our family situation, what happened was in those days there weren't 529s. I just had mutual funds set up in the kids' names. And so it ended up that we just paid for their college out of out of the pocket and then we passed those mutual funds to them uh after college to get their wealth building started and so they ended up with the equivalent of college fund as a as a graduation gift so to speak uh and so if with that in mind it's good to have had them in separate names and then i don't have to go through and try to you know one for you and one for you and one for you. And you could do that if you want to. And, of course, the 529, of course, has to be used for college otherwise. And we can see from there.

But it's okay because you're not going to get trapped. The money's not going to get trapped because it can be used for that. Hey, thanks for the call. Open phones at 888-825-5225. If you haven't heard, we are doing the debt-free degree town hall tonight. If you would like to watch it,

it is being broadcast here from the Ramsey Solutions headquarters, free to you. We will send you a free link to watch it. Production crews are in my lobby right now setting up just to get ready for this evening. We'll be doing that in about two hours and some change. Six o'clock central time is when you'll want to tune in. And if you want'll get you into the debt-free degree town hall.

And, of course, Anthony O'Neill, myself, will be doing that, and we'll be having guests that are former college students who managed to go to college completely free, while not free, debt-free. They didn't go free, but they went debt-free, and they're going to actually meet real human beings that did that. We've also got some people from inside the higher education world with expertise in that world to talk us through making these difficult choices because you have to make choices if you want to do this.

You can't just do anything you want to do as if you're in Congress or something. You have to make decisions to do this. And so be sure and tune in again tonight, the debt-free degree town hall. This is in celebration of the debt-free degree book, which comes out one week from today, October the 7th. And if you want a debt-free degree book, they're only $20, and we're throwing in $40 worth of stuff. The step-by-step guide to getting your kid through college without student loans. You can buy the book at DaveRamsey.com, AnthonyO'Neill.com. The Ramsey Concierge Team at 888-22-PIECE, 888-227-3223.

They can help you with every bit of that. The Borrowed Future podcast launched today. It is an eight-series, an eight-episode series on the student loan crisis in America today, uncovering the causes and providing solutions, including all of us at Ramsey are calling on Congress to end the student loan program. Officially, it needs to end. If it is truly an epic plague that is destroying the young people of America, so much so that presidential candidates have to pledge to forgive your student loans

because they're so bad, they're so overwhelming, they're so impossible, according to the presidential candidates, that they need to forgive it. It's intellectually dishonest to talk about forgiving student loans when you're still making them. If it's so bad, that means Congress is harming its citizenry by leaving this in place. And so it needs to be done away with. And this is a message I'm going to keep saying over and over again until somebody actually hears it, because it's got to stop. Now, I can't control Congress.

You can't control Congress. Congress can't control Congress. So what can we control? Control your decisions. I control my decisions. And so as for me and my house, I know what we're going to do. We don't borrow money. And so you can just decide.

As for me and my house, my kid's going to go to college, and we're going to figure out a way to pay for it. And we're going to figure out a school they can go to that's affordable. And we're going to find a way to get the scholarships. And junior are going to be working while junior's in college instead of getting a degree in beer pong. And so we're going to actually be doing some stuff while we're there. You know, this is life right here, baby.

You've got to make different choices if you want to get different results. That's how it goes down. That's how it works. So check out the Borrowed Future podcast. It launched today. You can subscribe to it anywhere you listen to podcasts, certainly iTunes, Google Play, multiple guests. This is a new endeavor for Ramsey Networks. It is not a Ramsey personality-driven.

It's not Dave and Anthony through the whole thing. We're both in it, but we're not there. I mean, lots of outside voices and outside whistleblowers from inside the industry talking about the predatory nature of the whole student loan mess. All of it. It's called Borrowed Future. Oh, and go to DaveRamsey.com if you have a high school student, and register for $10,000 in college scholarships that we are giving away, the debt-free degree scholarship giveaway. DaveRamsey.com slash scholarships, no purchase necessary for you high schoolers to register for $10,000 worth of scholarships. So we're putting our money where our mouth is.

That's simple. Brought to you by the fine folks at Speedy Prep. And go to Anthony O'Neill's website and look at his debt-free degree tools. The cost of college calculator. You enter the college you want to go to. It's already populated in our database. And boom, it'll start helping you calculate what that particular college is going to cost if you're going to go there.

One of the things you have to know about a target is you can't hit it if you don't know where the target is you have to have something to aim at what's this going to cost you need to know what it's going to cost you can't just wander along and hope it's all going to work out it ain't going to work out unless you put your dadgum planning shoes on so get your cost of college calculator on there and there's 10,000 scholarships in our scholarship search tool, and none of them are loans. You can't say that about any other scholarship search tool. A lot of those things are full of ads and loans is what they're full of. It makes a mess. Scholarship search tool, all at anthonyoneal.com under the resources tab.

We're going to do something about this student loan mess here. Ramsey, the whole team here, there's 900 of us. We've decided we're going to do something about it. We're going to completely cause a ruckus in this space. We're going to keep talking about it and messing with people and calling the crooks out and calling the lame-os out and the bad decisions and the poor critical thinking and the intellectual dishonesty and some of these political moves, we're going to call it out.

We're going to cause a ruckus. You may not agree with us, but we're going to be here stirring it up, baby. You might as well stick your nose in the middle of it because we're going for it. Again, if you want to watch this Town Hall for Hope tonight on the debt-free degree Town Hall. I'm sorry, not Town Hall for Hope. That's 15 years ago. I'm losing my mind. Text the word Town Hall to 33-789.

That's how it works when you get old. Stuff just comes back from 20 years ago into your brain. Oh, well. That puts us out of the Dave Ramsey Show and the books. We'll be back with you. Before you know it, in the meantime, remember, there's ultimately only one way to financial peace, and that's to walk daily with the Prince of Peace, Christ Jesus. Hey, guys, this is Blake Thompson, Senior Executive Producer of the Dave Ramsey Show.

Did you know over 15 million people listen to the Dave Ramsey Show every week? And a lot of those people listen to one of over 600 radio stations across the country. To find a station near you, head to DaveRamsey.com slash show.