The Ramsey Show - App - You Need to Fire Your Financial Advisor! (Hour 2)

Episode Date: August 25, 2020

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🎵 Live from the headquarters of Ramsey Solutions, broadcasting from the Dollar Car Rental Studios, it's the Dave Ramsey Show, where debt is dumb, cash is king, and the paid-off home mortgage has taken the place of the BMW as the status symbol of choice. I am Dave Ramsey, your host, Anthony O'Neill. Ramsey Personality number one best-selling author is my co-host today here on the air. Open phones as we talk about your life and your money. It's a free call at 888-825-5225. That's 888-825-5225. John is going to start us off this hour in Washington, D.C.

Hey, John, how are you? Good. How are you? Better than I deserve. How can we help? So I am 19 years old, and I've never really been good with money. However, I just inherited around $100,000, and I was wondering what I should do to not blow this opportunity.

That's a good question, John. Do you have any debt right now? I'm in school right now, and I will end with around $25,000 in debt. So you'll end with about $25,000 in debt? I will end with around like $20,000, yeah. Okay, cool. How much time do you have left in school? I'm end with around like $20,000. Okay, cool. How much time do you have left in school? I'm a junior right now. Currently, I have

around $11,000 at this very moment. Cool. So when it comes to this inheritance, Sean, here's what I want you to do right now. I want you to take some of this inheritance money and finish school 100% debt-free. So stop borrowing money. Go ahead and pay cash for the rest. Go ahead and put at least three months in a savings account.

Then also what I want you to do is because you said you haven't made wise decisions with money, I want you to sit down with an investor. I want you to start investing into your future once you get done with college 100% debt-free. Okay, so right now what I want you to do is take some of that money, put it into an emergency fund. What are you studying in school? Marketing. Where did the inheritance come from? Who passed?

My grandfather. Okay. All right. So here's the challenge. You just are learning to ride a bicycle, and you were handed a high-powered motorcycle. That's a great analogy. Which, as you, and you were very wise and self-aware and said, this kind of scares me.

I don't want to mess this up and wreck. Right? Correct. Okay. So, a couple things you can do. One is sit down, as Anthony said, with maybe one of the SmartVestor pros and get someone in your corner that you can talk to. Are your parents good with money?

I wouldn't say so. No. No? Okay. All right. So what we've got to do is get someone that you can talk to that is dependable and can kind of be in your corner and coach you and walk with you until you get your skills up and, therefore, your confidence up.

In the meantime, I would suggest you remain very afraid in the sense of don't screw this up because you will live with a life of regret and so you need to set this money aside just pretend like you don't have it except to pay cash for school and you can go ahead and pay off that loan but if you were to if you were to pay off the loan that you have and you were to finish school and there was all the other money left over sitting there waiting on you, and you didn't touch it because you went ahead and got a job, and you worked for your other expenses and that kind of thing, and you didn't buy anything stupid with this money or spend anything stupid or give it to your crazy cousin or something like that,

then you get out of school. I think your grandfather would be smiling, don't you? Yes, I think your grandfather would be smiling, don't you? Absolutely. Yes, I do. And so your new goal is a noble calling, and the noble calling is to be careful, conservative enough, that when you finish this story, your grandfather is in heaven smiling that he left you this inheritance instead of shaking his head going,

my, my, my, that grandson of mine is stupid. Right? Okay. You don't want that answer, right? Right. No, I do not. And so that you're, and you didn't, that's why you called. Right.

Okay. And we're going to help you. I'm going to give you the best training program on money in the plant on the planet it's financial peace university is a part of ramsey plus and i'm going to pay for it i don't need any of your money okay okay i want you to i want you to start taking this classes online immediately and start learning about money because you now have an increased level of responsibility and power that you have to control. Because power out of control will crush your butt. And that's your fear that you're going to mess this up.

But power in control lifts things mightily. And you are in a position to lift your life mightily with the power of this $100,000. You will be shocked at how fast it will leave you if you do not control it. It'll be gone so fast. Yeah, that's what I'm afraid of. Yeah. So hang on. I'm going to have Kelly pick up.

We're going to put you in Ramsey Plus. I'm going to pay for it. I want you to start those classes immediately, meet with a SmartVestor Pro, and exactly what Anthony was saying, pay off the student loan, and then lay out a budget for the next three years for the school. What's it going to take to graduate? What's the tuition, the books? What have you got to do to finish the degree?

And, you know, what's your living expenses? And take that money and start paying it out of that $100,000 as you go and don't do anything else. You're not buying a car. You're not going on a trip. You're graduating from college. After you graduate from college debt-free, if there's money left over, and there will be,

then you can start talking about some purchases because by then you will have trained yourself, and the next time i talk to you you're going to say my name is john from washington dc and i'm really good at handling money and i'll even say john to consider this uh nothing wrong buying something small making a small purchase but somewhat act like the money's not even there yeah you know exactly just just this you know what hey that's that's for my future. I'm invested in me. So I'm a nice little five thousand on the car, ten thousand on the car at the age of 19. That's that's a good car. So I would really act like, OK, I'm going to do the things I have to do so that tomorrow I can do the things that I really want to do.

And I can make my grandpa proud of me because of the future. So that's a really good question yeah but anytime you receive an inheritance folks one thing you want to do is you say what what use of this money would make the person who passed and left it to me proud yeah how can i i can honor their memory i can honor their life by handling this gift of the inheritance well in a way that causes them smiling at me from heaven yeah and that that that that that calls you to a noble thought pattern rather than a debased selfish childish i want to blow all this money on myself yeah you know i i want to i want to blow all this money on myself. Yeah. You know, I want to screw off and party the money away. And because you can look at it and go, you will not live with regret. And regret has a bitter taste in the back of your mouth.

You will not live with the regret if you handle it in a way that the person that left it to you is proud. And, you know, by the way, if they left money to you, it's because they did good stuff with money. Broke people don't leave an inheritance. That's right. They leave you bills. Trouble. Problems. This is the Dave Ramsey Show. Families all over the country are discovering a faith-based and budget-friendly way of meeting health care costs,

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CHM is a proud sponsor of Dave Ramsey Live Events. Well, when it comes to staying focused on your goals, 2020 has thrown you some real curveballs this year. But this year has shown you what's really important. I mean, stuff that's not important, nobody's paying attention to this year. That's one thing that something like a pandemic or job losses or these kinds of things does to you. It makes you really clearly focus on what's real. Christy Wright, our number one bestselling author, just launched her brand new 2021. Thank you, Jesus.

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Anthony, our question of the day comes from Blinds.com. Find out for yourself why Blinds.com is the number one online retailer of custom window coverings. You get free samples, free shipping, and with the new promos they run every month, you'll save even more. Use the promo code RAMSY. It's a magic word. Our question, Anthony. Today's question comes from Hunter in Alabama. He visits DaveRamsay.com to ask, I have $37,000 in student loans and my fiance has zero.

This is our only debt. My parents have volunteered to pay off a large portion of my student loans over time, but it will be at a much slower rate than a 12 to 18 months that me and my then wife would do. They regret not to, uh, they regret not planning for me and my siblings to would do. They regret not to, they regret not planning for me and my siblings to go to college. Is it foolish to pay this debt off quicker as newlyweds than allow my parents

to pay it off over time? I feel bad bringing debt to the marriage while my wife will have zero. Ha, you know, that's an easy question. Some may say it's not easy, but my answer will have zero? That's an easy question. Some may say it's not easy, but my answer will be, I will go ahead and get rid of it, and then I will have the conversation with my parents and say, Mom and Dad, since y'all won't

pay back over time, feel free to pay me back that. But as far as going into the debt right now, I have no problem with going ahead and clearing it up with me and my fiance, and then work out something with your parents yeah i don't want you sitting around waiting on your parents because they may come back and say hey we actually need three more years or five more years yeah pay

it off in a year yep be done with it get it off your plate and i might even take it off their plate and just say add it to my inheritance. You know, either one. Because obviously your mom and dad don't have any money. Yeah. And so take the strain off of them. Take the strain off of you. Be done with it. Wipe it clean. And everyone brings something positive to a marriage,

and everyone brings something negative to a marriage. Right. So I can promise you, in sickness and in health for richer for poorer all my worldly goods unto thee i pledge and this is your marriage vow and you will have the opportunity many times to make chicken soup when she has the flu yeah and you'll get the opportunity to do all kinds of things the ways that you will serve your spouse when they are you know when they when they have their downtime your downtime is your student loan and so no shame no shame in the game it's where we are she knows it you're

not hiding it from her you're not springing in on her she knows you come with this baggage she also has some baggage you probably know what it is if you don't you should go to pre-marriage counseling and find out about it before you get married because everyone comes into a marriage imperfect you just you just not and so the quicker you figure all that out the the less arguments you're gonna have have. You know what, Dave? I'm glad you said that, too, because a lot of people ask me, especially someone in their mid-30s. They're like, yo, I can't marry someone with debt. I just refuse to just get married with someone who has $40,000, $50,000 in debt.

And I just kind of cringe at that. I'm like, well, hey, I mean, I get it. You want to be debt-free. I get it. I'm single, and I want to be debt-free. I get it. I'm single, and I want to be debt-free for the rest of my life. But if God introduces me to a great woman and she comes to the table with some debt, that's fine. Absolutely. That is fine.

Absolutely. The Ramsey kids were not told to avoid dating someone with debt. They had no debt. But, you know, I'm not going to say who, but some of them came, some of the in-laws came in with some debt and it was cleaned up immediately. Yeah. And that's okay. That's okay. You don't pick somebody based on that.

God doesn't pick them for you based on that. So would you agree with me, Dave, that it's about the mindset. Exactly. Not what you currently have. Exactly. It's not, I'm coming into this marriage with debt, and I love debt, and I want more of it. No, that's not. We're not going to do that, okay? It's more like, this sucks.

I'm sorry. Yeah. Not good with this. And clean it up. Clean it up. Just like that. And write the check as soon as you get home from the honeymoon. As soon as we get home.

Get it. That's going to be so funny if I do marry someone with debt, Dave, and we got to do a debt-free screen. I might do some explanation on that, Kelly. I don't think I would do that. I don't think I would embarrass your spouse to be that way. Oh, man, that would be so funny. Because we know it wasn't you it wasn't me and so yeah i don't i think we're just gonna do our own little private ceremony in the back hall

and you can yell i'm dead free but see that this is yeah yeah yeah yeah yeah i get you you don't do that anthony i'll help you with this okay i going to protect you from yourself. Mary's in Los Angeles. Hi, Mary. How are you? Hi, I'm good. How are you? Better than I deserve. What's up?

Well, thanks for taking my call. So the short question is, should I work with a financial advisor who has told me whole life insurance. And the backstory to that is I've been on the fence about working with her for the past year and a half, I would say I met her. And I've been going back and forth on, do I continue to invest more money with her and have her manage an investment account for me? But I'm still kind of unsure if that's the right path for me. She's done a lot of

like educational calls. I watched her video about questions you should ask a financial advisor, but I still kind of feel like sometimes after those calls, it's a balance between, or I question whether it's, I'm actually learning from her or it's more of like a word tornado where she throws a lot of financial terms at me and it doesn't quite answer the questions that I have. But my back story also for myself is that I do have an emergency fund. Okay. There's two reasons, okay? Sure.

Word tornado is not a word you should ever use with your financial advisor. Their job is to teach you, not impress you with their freaking vocabulary. Right. Number two, she gave you advice that was bad advice, and you happen to know it, so you didn't do it. Next time she gives you bad advice, what if you don't know it? Mm-hmm.

I can't trust her advice yeah i can't trust her advice and she speaks in word tornadoes why are you still with her she should go away yeah i um so then you don't do conflict do you mary no i'm a libra through and through i avoid it like it's a plague i can tell you're worried about hurting this lady's feelings she said libra yeah she's she's worried about hurting her feelings yeah see i'm not yeah it's your money you can't trust her advice and she throws word tornadoes at you you just need me to tell you to do it, right? Okay. Do it.

Fire her. Okay. I just said it. You can blame it on me. Dave Ramsey said fire me. Fire you. So I have to do it. You can just blame it on me.

You haven't got to tell. One more person pissed at me, and I can live with that. This is the Dave Ramsey Show. Música Most people's money problems come from not paying attention. That's why before I spend a dime of my money on something, I do the research and make sure it's going to live up to what it claims. Recently, I got a great pair of sunglasses from a company called Shady Rays. When you're looking for sunglasses, it feels like your options are limited. Name brand sunglasses cost too much and the cheap knockoffs are ugly and really don't protect your eyes. Discovering Shady Rays is a game changer.

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That's ShadyRays.com, code RAMSY. andre o'neill remsey personality is my co-host today here on the air open phones at triple eight eight two five five two two five alex is with us in atlanta georgia hi alex how are you hey gentlemen i'm doing good how How about you guys? Great. What's up? Dave, I was calling to see if I could get some advice. I'm at a point in my life where I'm about to transition from a job. I make decent money. I don't have any debt right now. And I have a promotion coming up but like i said i'm at a point where i do feel a little burned out um i feel like i would like to take a break between now and the promotion the promotion is with a different company so i uh I'm concerned that if I were to give up some time, I might lose that opportunity.

But at the other time, like, uh, I'm not, I'm a hard worker. I'm not completely concerned. I would never find an opportunity like that again. Um, is that something that you, you could see yourself doing? No. Yeah. How old are you, Alex? I'm a, I'm 26. How are you alex i'm uh i'm 26 how are you burnout yeah i was about to say that i uh i'm in residential construction i'm a manager um how many hours a week are you working uh around 50 to 60 okay all right you're, and so you're going to leave that and go into what? Uh, I'd be moving to commercial, um, which essentially I believe it's going to be a little more stressful than what it is now. Um, I, I'm happy with where I'm at. Uh, like I said, I just, I'm concerned that a month or two into the new job, I'm going to look back and just think, I didn't take a break. What's causing you to burn out, though, Alex?

That's the question. My job is always, it's 24-7. I do 50, 60 hours a week. When I'm home, I'm making spreadsheets. I'm taking phone calls. I'm home I'm I'm making spreadsheets I'm taking phone calls I'm I'm always working and then on top of that I'm remodeling my home so that that alone I feel like it's a full-time job uh I don't have time for that right now because why are you taking calls 24 hours a day on residential construction nobody calls you in the middle of the night on residential.

No, but like I said, I do make spreadsheets. Why? Why don't you do that during the day? I'm building too many houses right now. Okay. All right. Well, okay, let's recouch. Okay, what you're pointing out is that you are leaving the frying pan and going to the fire in your mind. This is a bad plan.

You should restructure your life to where you have a reasonable rhythm. There's nothing wrong with a 50- or 60-hour week, but you don't see any end of those in sight, and you quote-unquote just said you think that's going to be worse with commercial. I'm building a 200,000-square-foot building next door. The guy running that is not working 70 hours a week. The guy, the project manager over there that works for the commercial contractor, and he's in charge of the whole freaking building.

I mean, he's working 45. He might be working 50 some weeks, but he's not over here 24-7. He doesn't live in the construction trailer, and he's not doing spreadsheets in the middle of the night. And you're not calling him every night. And I don't call him ever. So I meet with him once a month and we go over where we are on the pay on the you know what we owe them and how the progress is looking

we're looking at the timelines and meantime winston my son-in-law who's running the project with him meets more often but you know it should not be a thing where it destroys your life yeah that's ridiculous don't sign up for destroy your life. And listen, you could take a year off and sign up for destroy your life, and you'll still destroy your life. You can't take enough time off to get ready to do that. So what you've got is a bad plan overall. You take a promotion.

Have you got a job lined up in commercial? I do, yes, sir. Okay. to you need the construction you take a promotion if you got a job lined up in commercial i do yes sir okay have you set the terms of the job in terms of the expectations of how many hours they're expecting you to work and what the job entails and that you can get that done on a normal week within a reasonable number of hours i I do. Their hours are actually better than what I'm currently doing. Then why would you be burnt out? Well, I just know it's a different world. I mean, I'm in residential, and I take on as many houses as my boss wants me to build. Oh, and he doesn't have an off button, apparently. No, he does not. not okay so you're leaving

that you're going to commercial i don't under it sounds to me like your stress level is going to go down am i missing something no i'm also the kind of person that i i do i do push myself sometimes a little too much i i think. Well, whose fault is that? Time off doesn't fix that. And, Alice, it sounds like. My point is you've identified a problem, and your solution to the problem doesn't fix the problem. Yeah.

Okay. The problem is I'm stressed, I'm burned out, I'm overworked, I'm moving jobs, and the solution somehow to the stress and the burnout is to take some time off and then go restart your career hopefully later instead of saying, I'm going to restart my career in such a way that it becomes a relief to take the new job. Like we hire developers as an example, okay, Guys that do senior level Ruby on Rails developers, people that are web programmers on steroids, okay? Those guys in the corporate world, they destroy them.

They work them 80 hours a week. Corporate people are just buttholes. They just eat these guys alive. They come to work here and we work 40 hours and they don't know what to do with themselves. We send them home. They actually learn their children's names when they come to work for us and so coming you know they're burn up and burn out and used up like a bunch of robots and then they come here and get to be humans when they come on our team it's the best dadgum job on the planet to work for ramsey if you're a programmer because we treat you like a human and you go home and you're with your family.

So if they were used up and burned up at the other place, they don't need to take six months off to heal before they come here. They're going to heal immediately as soon as they walk in the door. And that's what I want you to set up for you. That's what I'm thinking of. Does that make sense to you? That absolutely does. Yeah, so you need to have a real clear understanding with your new employer what your expectations, what winning looks like, and that winning can occur in a reasonable number of hours,

and then your stress level should just disappear. Well, not disappear, but it would drop dramatically to where you'll feel like you had a drink of cool water. You know what I'm saying? And the other dramatic drop, too, will be yourself, Alex, because it seems like you don't have expectations and guardrails for yourself. So you allow your boss to make it work you 50, 60, 70 hours. Then you come home, you do this, and then you do that. No, before you go talk to anyone anyone else before you go into this new job

you need to have guardrails for yourself okay i'm going to get this job 40 hours a week and then if i have to i'll give the max 45 50 but so that way i'm not overextending myself and then when i come home i'm not working i'm not doing any spreadsheets i'm going to be with my family if i have a family i'm going to read something i'm going to refresh my brain so when I get back into the job, I can be the best version of me for my employer. Yeah. There are times in my life here at Ramsey I've worked seven days a week, 80 hours. Yes, sir. But it's not the norm.

It's an exception. I mean, during COVID. Yes. Gee, man. We were in here every day. I was working like a 20-year-old. It was ridiculous. Yeah.

And so, I i mean it was just well we had to we did what we all we you know ramsey personalities did 437 media hits literally yes sir in 30 days so i mean we're sitting in this room doing these tv shows over and over and over and over again trying to calm people down trying to give them hope and everything else but that was for a season it was not a way of life no No, sir. And when it's that way, you can be tired but not burn out. Come on, Dave. I'm not burned out, and I work for you. You just said that out loud.

I'm not burned out, and I work for you. And I work for Dave Ramsey. I sit beside you, and I'm not burned out. So there you go. This is the Dave Ramsey Show. Thank you for joining us, America. This is the Dave Ramsey Show. Open phones at 888-825-5225. Anthony O'Neill Ramsey personality is my co-host today here on the air.

Bobby is with us in New York City. Hi, Bobby. How are you? Better than I deserve. Dave, how are you? Just the same, how can we help? Hey, thanks for taking the call. So my question, Dave, is basically what I'm about to do in my life here. So I'm 29 years old, I've lived in New York City since graduating college in 2013, it was always my dream to live here. That things be changing these days.

I've pretty much stuck it out all through the pandemic here, working out of my apartment. I work in software sales and luckily didn't lose my job and have been able to work remote with no interruption. So I'm very thankful for that. But I got a lease ending on October 31st. And I don't really imagine New York being a great place to live this coming winter. My parents are in Florida, so I've decided to go shack up with them for the winter, save a little money, spend a little time with them, so it's all good.

The plan is to come back on or around April 1st, once things return closer to normalcy. Now, the decision I have in front of me is whether I come back with the intent to find a new apartment, rent it out, live the way I've been living. I've been renting a one-bedroom apartment in Midtown. Or if I want to make the decision and commitment to behave over the winter accordingly with the intent to save enough money to buy an apartment in New York City. With the housing market going under, I feel like there's going to be some steals um this uh this coming spring um so just wanted your general thoughts on that and anything i'm not thinking about that you think i should sounds like a really cool plan i mean what if what if you just pile up the money uh just to make the purchase and then decide closer to the time if you actually need to make the purchase or not you could decide you know maybe new york didn't open back up like you thought or maybe

it opened up and it was weirder than you thought or maybe it uh maybe the real estate market doesn't isn't a good buy or you know you in other words if you had a pile of money, it gives you the option of entering the market, but you don't have to make the decision to buy today. You could wait until closer, and you'll have better information about how. Because, really, the only way you want to buy when you move back there is if you think that that is going to be a good world to live in for you for the coming five or ten years, right? Sure. And you're going to know a lot more about that you're leaving because it's not a good world for you right now sure and so you'll know a lot more about that uh you know come march february that kind of thing than you do now i'll'll know more about it. I agree. Because, you know, that city is a weird. We were up there in March when everything shut down.

I have never seen. It looked like a movie. Like Left Behind or something. Like there's no humans walking around in New York. It was strange. It was weird. And so I still can't get over it. It's spooky, man.

Yeah. That's a good word for it. Yeah, whatever that Will Smith movie was, Legend or something. What was that thing called? I Am Legend or something? I Am Legend. Yeah, that's what it looked like. It was like zombie apocalypse or something, you know?

And so I don't know. I don't want to be in the middle of that if it's still doing that in April, right? Sure. I should have told you about a severe emotional bias I have towards New York. Like I said, it's been a lifelong dream. Oh, you did say that. I'm a single guy. Yeah, yeah.

But your emotional bias was for a New York that doesn't exist today. Yeah. If it comes back the way you dreamed about and it looks like that again, then I would agree with that bias. That's cool. I got no problem with that. If Rachel Cruz wasn't married to Winston, she would be in New York. She loves New York.

I like New York for about three days, and then I'm ready to come home. Right. I want to come back and see. I want to see a green tree again. I'm 24 hours. Yeah, but I mean, it's cool. Do it. But your answer is yes.

Do it. Go back to Florida. Do that. That's a great thing. Pile up cash all winter and then make your decision. Is there something I'm missing? No. I mean, Dave, I can't add nothing to this one because I like the way he's thinking.

It's just a weird. And when New York is up up and running it is a beautiful city and a beautiful place to be yeah for about three days it's awesome it's a lot of energy i love new yorkers too i i just i mean i because i'm wide open they're wide open man the food's always great there's always something going a lot of energy i love it but i'm exhausted after about three days of it i need to come back to the country i can't sleep in new york it's too loud you can't sleep no every time we go there we get a hotel i hear all the lights i see all the lights i hear all the people driving and horns blowing i need i need peace and quiet when i sleep you are a country boy i can i sleep fine no yeah that's

that's funny i love it no i hey, man, it is a great city. It is a very unique city, and I sure hope it returns to its former glory. I sure hope it can come back and be what it's supposed to be and doesn't become some kind of weirded-out thing, because, man, it is stranger than crud right now for sure. It is. Wow. Kevin is in Philly.

Hey, Kevin, welcome to the Dave Ramsey Show. Another great city. What's up, Kevin? Hey, how are you doing today? Great. How can we help? So my fiance owns the house we currently live in, and in the next three to five years, we plan on moving out, depending on kiddos. We're getting married in October. Congratulations. Oh, thank you. Does it make sense to pile up cash in a money market account or an investment or just stick it all onto the mortgage? What are you saving for? The house.

For a new house? For a new house. I put it on the mortgage. Yeah. Okay. When you sell the house, they'll give you the money. When you put it on the mortgage, it's not gone. Yeah.

I mean, it becomes equity, and when you sell the house, they'll give you a check at closing, and you don't accidentally buy a bass boat with that money then. I knew that would make you laugh. Or going on a trip or whatever it is that you accidentally do. I fell into, a lady yesterday said i fell into debt i'm like how did you fall into that fall into stuff it's people fall into stuff apparently but yeah you don't want to do that so uh once you're on baby step six which sounds like you are when you're married

you're going to be debt free have your emergency fund start your investing 15 of your incomes if there's kids there's kids college is going then, yeah, pay extra on the mortgage. I would not pile it up separate because the money's not going to leave you if you put it on the mortgage. Yeah. And it's a pretty decent rate of return for a savings account. You start paying off 4% mortgages, you don't get 4% on a savings account. Yep. The money market's paying 1%.

1%. Especially right now. Yeah. It's a little bit less than 1% on the money markets. Yeah. So, yeah, that's – in the old days we used to call that a forced savings plan because you're forced to pay the mortgage down in your case you're gonna it's not forced but it's chosen and it's but the money's trapped it's illegal

illegal it's illiquid you can't get to it and so you don't accidentally fall into the purchase of a living room suit or whatever it is people fall into but um yeah so that's what you do congrats on getting married though yeah that's awesome man that's very cool i love it so anthony the bible says how the abundance of the heart the mouth mouth speaks. And I always challenge people, and I should have challenged that lady yesterday. I think it was with Hogan that brought that up or a guy or whoever it was who said that. Because if you use a phrase like, I fell into debt, that makes it sound like it was an accident. That makes it sound like it was out of your control. Instead of saying, I chose to be stupid.

You need to admit, you need to own it. Instead of acting like it's something that happened to you. Yeah. And when you say, like, people say, I was forced to buy a car. What, they had a gun? You weren was forced to buy a car. What, they had a gun? You weren't forced to buy a car. Right. You know, your other car broke, and you chose to move from a $2,000 hoopty

because you were pissed off and went and bought a $32,000 new car. Yeah. You chose stupid. Yeah. And so you have to, you know, own the language around it, and it'll tell you the position your heart is in and how much you're willing to transform and move back to that. So that's what I like.

That wasn't Kevin, but that's what I love about this. The question is you're forcing yourself to save money, and you don't accidentally then, quote, unquote, do something. This is the Dave Ramsey Network skill. From there, you can listen to all our shows. Ask Dave money questions like, how do I invest my money? Or what is the debt snowball? Find out more at DaveRamsey.com slash smart speaker.