The Ramsey Show - App - Your Sports Betting Addiction Is Not Cute

Episode Date: June 6, 2022

Dave Ramsey & Dr. John Delony discuss: Strong Fathers, Strong Daughters with Dr. Meg Meeker, Why sports betting isn't cute, it's a dangerous addiction, Deciding to sell a business. Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6

Live from the headquarters of Ramsey Solutions, it's the 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. We help people build wealth, do work that they love, and create actual amazing relationships. Dr. John Deloney, Ramsey Personality, is my co-host today. Guys, one of the benefits, one of the things that happened to me about 15 or 20 years ago, I started getting to meet people that were way smart and wise

and were really speaking into certain areas of life in a way that just blew my mind. And so in a sense, I kind of went hunting on behalf of all you guys that are listeners. And I found some of the best teachers and thought leaders on certain subjects. And I set about the business of making them my friends and they are and so consequently uh dr mcmeeker is sitting here beside me along with dr john deloney ramsey personality but uh mcmeeker and i have been friends now for 15 or 20 years a long time i guess it has been yeah and i've done lots and lots of

events together meg has been in smart conference she I've done lots and lots of events together. Meg has been in Smart Conference. She's been on this show many, many times. And it all started from a group of guys I was going through a Bible study with, and we read a book. Most of us had daughters that were grown or almost grown by then, but the book was called Strong, or is called Strong Fathers, Strong Daughters. It was a New York Times bestseller. And I reached out to Meg and said, hey, I'm a huge fan. And she's like, well, I never heard of you. So and so she came on the show. And

then we sold a whole bunch of her books. And so now she's heard of me. And so she's coming down. She's down here from Michigan, her hometown, hanging out in Nashville today, launching a brand new course, a masterclass called Strong Fathers, Strong Daughters Masterclass, and it all stems from the thesis and the subject matter, the nuanced subject matter of the entire book itself. Welcome back, my friend. Thank you for having me, Dave. So good to have you.

I want to set the table for all of our listeners who might have just joined us for the first time in the last month or two months or whatever um the thesis that the underlying theme of strong fathers strong daughters is there's a huge correlation between women who succeed in every part of their lives and their relationship with their dad you bet and i think it's a very um overlooked um relationship i think that fathers, and it's worse than, you know, when you and I started talking back in 15 years, they're so maligned, they're so marginalized, they're told by our culture, nobody needs you, your kids don't need you, you know, just sort of step out of the way. And the exact opposite is true. We need good dads, good men to step up and engage, and particularly with their daughters now.

And so that's why I really believe the message of the book is more pertinent and powerful now than it was 15 years ago. Yeah, it's huge. And the data that you presented in the original book and is again in this class that just backs up that idea is amazing. The negative behaviors of daughters, young women, and the positive behaviors really does, and it can really be changed by the relationship with their dad. Absolutely. And the interesting thing is, and I need fathers to realize this, you don't need to overhaul your personality.

You don't need a PhD in psychology. By implementing some very simple steps and strategies, you can dramatically change your daughter's outcome, success, relationships across the board. And fathers don't know this. And that's my job and my mission is to really grab hold of fathers and say, if you only realized how important you are in your daughter's life and in your son's as well, your life would never be the same. That's ringing so true to me. I know this. I do this for a living and I've got a six-year-old daughter. And so I can talk theory all day and I can talk all the classes.

It is really hard to feel like I've got value when my six-year-old puts her hands on her hips and says, no, dad, I don't want to talk to you. It's just simpler for me to say, cool, man, your mom's going to make sure you're fed. I'm going outside. And I don't have a toolbox. I don't have a toolkit. I don't have a picture of what leaning back into that looks like. And worse than that that you have a whole culture that tells you that you're not even supposed to be there yeah and so i know that and i'm still saying i should probably just i'm gonna back out of this thing right and i've got to fight that impulse and so i'm so glad you're having this conversation uh if i can't and i don't say this in a self-serving way but if i struggle with this i'm just thinking of my buddies who haven't sat in grad school for the last 20 years and worked with families.

I can't imagine how difficult that is. Well, you know, you take a divorced dad who's living on his own and he's having daughters over the weekend and he just feels very insecure. Or you have fathers whose daughters are estranged. And incidentally, I'm talking about daughters who are 4 to 44 to 84. Every daughter wants more of her dad. She wants more time if she had a good relationship or she wants more healing if they had a tough relationship. But really, the Strong Fathers, Strong Daughters Masterclass is the toolbook.

You know, in the book, Strong Fathers, Strong Daughters, I really tried to show dads why they're so important. I wanted them to understand how their daughters see them, which from what I've heard over the years is just transformational for men. But then they said, okay, now what do I do? I get why I'm so important, but now how do I live that out with my daughter? And I got so many letters from men over the years. I said, okay, here you go. So that's what the masterclass is. It's all online. And it's very, very user-friendly. It's basically a lot of short videos for me saying, here's what your daughter sees. Here's what you do. Here's who you are to her. Like you're her first love, which is true. You're her hero. You are the most important man in your daughter's life.

A lot of moms don't want to hear that, but it's true. My job is to speak for kids. You know, my job is to speak for kids. And that's why I'm so passionate on helping dads understand their value and how critical they are. And it's, you know what, it would change the country. If dads understood how important and powerful they are, our schools would be different, our neighborhoods would be different, the country would be safer if we just elevated our dads.

And that's my goal. It's really as much of a movement as it is teaching. That's powerful. Yeah. Powerful. So there's 10 chapters in the book and each section in the course talks about one of the chapters. Exactly. 10 courses. So, well, yes, that's right. And each chapter, there's two videos for me. They're short. And the first video summarizes

the point of the chapter. The second video says, okay, here are three things to do. You were always about that. Okay, tell them what to do. You were always about that. Okay, tell them what to do. Tell them what to do. It's the way a guy thinks. I'm fine with philosophy, but men need to say, okay, now tell me what to do. Okay, do I touch her? Do I not touch her? When she doesn't want to hug me, do I keep on hugging her? Do I back out? And so that's what I do, the practical steps. So that's how each chapter is broken down. So there's 10 chapters and 20 videos. And then I have some helps, you know, some written things, just to remind men. You can find all of it at MeekerParenting.com.

We're going to come back with some of those practical how-tos with Dr. Meg Meeker, pediatrician, best-selling author. The material we're talking about, Strong Fathers, Strong Daughters Masterclass. MeekerParenting.com. Check it out there. You will be glad you did. This is The Ramsey Show. you've got a lot on your plate a job your home your marriage and your growing family while you're enjoying the present, you can't help but think about your future and your finances. As you explore your

options, consider Christian Healthcare Ministries, or CHM, for your health care. Their generous maternity program and budget-friendly monthly programs have been a blessing to members welcoming children into their families. Visit chministries.org slash budget to see if it's right for you. Christian Healthcare Ministries is a Ramsey Trusted Provider. Joining me this half hour, Dr. Meg Meeker, best-selling author. The book Strong Fathers, Strong Daughters has now been made into a master class at meekerparenting.com. M-E-E-K-E-R, parenting.com. Dr. John Deloney, Ramsey Personality, is my co-host.

Meg, when we start talking about the power that a dad has to speak life into a daughter, to make her more confident, less chance of being sexually promiscuous, less chance of being on drugs, higher chance of graduating from college, all of these are data points that actually come up. Absolutely. And, you know, I was trained as a physician to learn how to read studies and to always pull great data and to work around that. You know, we don't just come and sort of make things up and say, this is how I feel and this is important. Everything I write has to be backed up by solid data. And the data is overwhelming on how important fathers are in their daughters' lives and their sons. But our culture ignores it. They just motor over. And if you popularize a concept on the internet or social media, like we don't need dads, you know, women

don't need dads. We can raise great kids without dads. That becomes sort of the mantra of the day, but it's wrong. And people in their hearts know it. Dads know it. But nobody comes along and says, this is how you're important. This is why you're important. This is how your daughter's life will change if you implement these things. Nobody tells them that because it's really, it's very much in vogue in our culture to just beat the heck out of dads. I'm done with that. I'm sick of it.

You get standing ovations at our events when you say that, too, by the way. People go, because everybody, it rings true in the heart. It does. Because no one is out there saying anything except, you know, all the men in commercials on television are idiots. Right. All the men in the sitcoms are the weak sister. They're the idiot. Yeah.

They're the eight-year-old smart aleck is in charge of the house in the sitcom. And it's like, didn't grow up in the house i grew up in nor my kids grew up in because i got to tell you the inmates weren't running the asylum at our place 3713 faulkner drive that wasn't the way it was happening i'm just saying yeah so can can we flip this around and i have found with the men i work with, I can talk about the, hey, you guys need to be doing this and this and this. And often I get a, yeah, I know, I know. I often have to reverse that. And I hate being this way, but I often have to say, if you don't, right, here's the consequence.

And this is a data-driven consequence. This isn't me making it up like you said. There is more likelihood of that. Yes. Right. Yes. Right? Yes. And it's this incredible power or strength, if you will. Dads can hurt their kids by acting certain ways

or not acting certain ways, being absent or neglectful. Or they can capture the imagination of their kids and absolutely, as we talked about on the show, just change the family tree and change the family legacy. What's one or two things a dad sitting at home right now, an over-the-road trucker, an electrician who's listening to this, who's going to get home at 6 o'clock tonight, what's a couple of things dads can do? You can go do this. You can go flip these one or two switches and start making a difference in your daughter's life. There's so many, but here's where I'd start.

Every daughter needs affection and attention and affirmation. So the minute you walk in that door, she's going to be scouring you for clues about who you are. Does my dad see me? So you come home, put the stupid cell phone down, regroup, get into your home mode, not your business mode. You walk into the kitchen or wherever your daughter is, and you look at her, you touch her on the shoulder and say, I'm so glad to see you. Boom. Changes her evening.

Now she's safe. Now she's secure. She can go about doing what she wants to do. If you walk in the kitchen, you ignore her like she's not even there. You're texting somebody, you're talking to somebody else. She becomes invisible and she feels that she's not valued. And it's been my experience that she will spend, and boys do this too, but she'll spend the rest of her life figuring out what's wrong with her. Exactly. What did I do to make him not want to see me? Exactly.

Because her idea is that she is responsible for everything. So if you come in and you're mad, you're angry at her, it's her fault. Yes. If you take that last meeting of the day home to greet your daughter with it. And unfortunately, we bring our problems at work home. The kids don't ask to be yelled at or angry, but if you have an argument with your boss,

which I know nobody at Ramsey Solutions ever does. No, nobody argues here. We argue for a living. And you go home and you didn't want to argue with your boss because you don't want to lose your job. Then you walk in the house and you have to let all this anger out. Where does it go? It spills onto your five-year-old or your 10-year-old. And those dynamics are set up in the family.

And the daughter sees dad's upset. I did something wrong. I better go away. Yeah. Boom. Just like that and over and over then she begins to realize if dad doesn't think i'm important you know i'm really not important but if she she gets these clues throughout her life even in her early years man dad really thinks i'm something that girl's going somewhere complete it's that simple yeah and that's what the master class is all about you

know you know i've talked about this before i had the unusual blessing of working with teenagers when my kids were born at the church and so i was reading all this youth ministry materials there's a guy named josh mcdowell out there writing and uh he he said uh as a dad of teenage daughters you will either hug your daughter or someone else will. You bet. You bet. Yeah. Exactly.

Because their need for male attention is so primal and so real, and it drives them. And fathers don't see that. Fathers see themselves as, well, you know, I guess I'm important. I should do this. But moms really got this. You know, because mom understands daughters. I don't understand daughters. So I'm going to kind of I should do this, but mom's really got this. Because mom understands daughters. I don't understand daughters, so I'm going to kind of... I don't even understand mom.

How can I understand daughters? No, no, no. No, no. I know, but that's why... That's the next master class, Dave. That's why it's called a master class. That's why I'm here with two guys. Can we say, I think a common mistake men get is that energy, that connection is sexualized and it's not.

It's not. But there's a difference between that sexual energy and connectivity, right? And affectionate, right? And so you tell dads, you need to get down on a knee and let your daughter see her and touch her on the face and touch her shoulders and say, I see you and I love you. And it's not a romantic gesture. It's a connectivity, right? And daughters know that. Of course they do.

They know that. It's the men that I see, they get nervous and back away from that engagement. But here's when they get really nervous, John, is when she turns 12 or 13 or 14 and he walks in to hug her and she's standing there like she's got porcupine needles all over her neck. And dad goes, oh, okay. She doesn't like me anymore she's becoming a teen i'm gonna back out wrong wrong you know and that's the time step in but do it differently you know don't give her a bear hug in front of her friends or anything that's when you in the

evening you go up at the end of the day you sit and you on you sit on her bedroom floor how was your day i haven't seen you you're gonna go change the oil in the car, you sit on your bedroom floor. How was your day? I haven't seen you. You're going to go change the oil in the car. Hey, will you come in with – jump in the car. I haven't talked to you. I don't know how your week is. Just come with me. That changes the kid's life.

And dads don't get that. But with a little bit of instruction, a little bit of willingness, boom. And it's not hard. And, you know, here's the thing. You and I have talked about this, too. We've even talked about it on the air. One of the guys said, take your little daughters on date nights. Okay, so we get all dressed up, and I would take them to a fancy restaurant and go to a movie or something.

I did that, like, I'm guessing five or six times each in their entire lives. And if you ask these grown ramsey women they will tell you i dated them every weekend every weekend because it got i got so much credit for so little effort the exponential growth of that in their head is unbelievable i did the same thing with my dad i mean he would take me out in her you know we would we'd have coffee or hot chocolate on saturday mornings and he probably did it three times. To me, he did it every weekend. But that's the power of a dad in a daughter's life. And that's what men need to see.

You don't need to do things a lot. You don't even need to be great at what you're doing. You don't have to be rich. No, just try. We did this the other day. I've been hanging out with East Tennessee Hillbilly a lot lately. Who would that be? I don't know.

And I had two turkey decoys out in my front yard. And somehow, I don't understand, my daughter and I ended up playing dragon protector with some sticks that were swords or whatever. And I don't know. I still don't fully understand what we were doing. Did you kill the decoys? We were protecting the decoys from some wolf dragons or something. I don't know where her head was. But I heard her tell my wife.

We spent about an hour running around and rolling around the grass. And she told my wife at bedtime when she was reading her book, she said, Today was the best day of my life. And I thought it cost me an hour. An hour. And I have a chapter. Protect and defend her. Wow.

Protect and defend her. Protect and every daughter wants that from her dad. Strong father, strong daughters. Masterclass, MeekerParenting.com by our good friend, Dr. Meg Meeker. Good to see you, my friend. Thanks for coming by. Well, thank you for having me. This is The Ramsey Show. We'll see you next time. If you are a business or an HR leader, you know your employees are dealing with a lot.

Our employee wellness team, SmartDollar, just did a study and found out that after living through one of the toughest times in history, 60% of employees say their mental health has gotten worse. Half say their mental health keeps them from doing their job to the best of their ability. Good leaders take their employees' mental wellness seriously. And because it's good for you, your team, your business, when your employees are healthy mentally. So give your employees a way to deal with their stress and put them on a path to care for their mental wellness. Dr. John Deloney, my co-host today, has the Anxiety Relief Checklist that gives your employees

simple steps that they can take to relieve their anxiety so they can start bringing their full selves to work. It's free. To get Dr. John Deloney's Anxiety Relief Checklist for your employees, go to RamseySolutions.com slash Anxiety Checklist. Again, that's RamseySolutions.com slash Anxiety Checklist. Okay, John, I got anxiety reading that. An Anxiety Relief Checklist.

There's a lot going on. So I got anxiety and I want relief, and this is a checklist on what to do to get relief? Yeah, there's just some – we overcomplicate anxiety most of the time, and so it's something you can just walk through and say, ah, okay, okay. So it might be a season where you ate something that was bad. It might be a season where you're exhausted. You might be a season where you owe something that was bad. It might be a season where you're exhausted. You might be a season where you owe some people money and your finances are a mess and the inflation is not annoying.

It is catastrophic for you and your family, right? So you can walk through these things and say, ultimately we're going to get to the bottom of what can I control here and what can I cannot control, and then how are we going to get after it? Go to ramseys solutions.com slash anxiety checklist it'll help your team for those of you that are in leadership it is completely free 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 free samples free shipping and new promos all the time you'll save

even more use the promo code ramsey to get the best deal so dave i'm gonna tell you i cheated and i read this one ahead of time oh it may be my favorite ever well you'll have to read it for everybody else now i know i can't wait today's question comes from jason in illinois jason writes my question is about income from a side hustle i recently began sports betting and have built up a bankroll of about $4,000. So his side hustle is gambling. My wife and I have about $55,000 in total debt, excluding the house. We earn about $61,000 a year.

I'm a saver, said the gambler. My wife is a spender. We don't have a budget and need an additional $500 to cover our bills for the month. I have agreed to withdraw. This is my favorite sentence I've ever read on the show. I have agreed to withdraw 250 bucks a month from my sports betting account to help cover our shortage, but my wife would prefer I liquidate the account. Dave, what should I do?

Oh, man. This is a real person oh man there's a human out there that really asked that if we don't say something stupid we're going to be employed forever forever oh man all right so jason you're not jason you're not from the south or around the south we would say bless your heart bless your heart so number one uh gambling is not a side hustle because you're not that good you prideful arrogant little jerk it's an addiction it's an addiction number two you're not a saver. You're a gambler. Sometimes this guy sounds like he thinks he's not playing.

He thinks he's so good at it that it's a guaranteed income. That's what I meant by you're arrogant, prideful little jerk. That's what I was saying. There's an arrogance that goes with this type of addiction that he thinks he's the exception of the rule and he thinks that mgm grand was built by santa claus instead of by bettors who lost their butts exactly to caesar to right in his palace yes so liquidate this immediately all all $4,000. Put all $4,000, close all of your sports betting accounts. Take your wife out for a cheap meal and say you are sorry and that you have lied to her and you've been dishonest

and you're going to go get help. And then go get a second job that you work for and that pays you every time. And you earn money and stuff and never say you have a 250 a month side betting account no no no no he has four thousand dollars that's his money that he earned and he was going to bless his little wife by allowing her to use 250 of his 4 000 because he's that kind of guy. From his business account.

He's a sweet guy that way. No more separate accounts. Now, did you hear all the sarcasm, folks? I just want to make sure you heard sarcasm in there because it's important that you heard that. You arrogant, little, self-centered, unbelievable, you need help, son. Just don't say it because you're going to get us canceled. No, I'm not going to get canceled.

I own the show. How can I cancel me? That'd be nice of you no i was kidding listen man you're not you're not i don't know how to say this you're not well i i a buddy of mine who's a pastor here in town walked me through the increase in sports betting oh yeah in tennessee yeah no period astounding period no the number one fastest growing addiction in America, online porn, number two, online gambling, and most of it is sports. But I didn't see the money. I could not.

We have a cool dude named Caesar doing commercials. Give me a break here. Unbelievable the amount of money he's spent on sports. It is not funny. I have talked to 25 people in the past handful of months that have lost their families, their businesses, their jobs, their life is done. And it's all because he thought he was cute betting football. And it starts there.

It's just, I'm sorry, you're not cute, dude. And you're not cute looking at porn either. It's not funny. It's not funny. You're a wuss. And you need help. You need help. And you are messed up.

And just read your own email how messed up you are. You have $4,000, and your wife, who is the only person on the planet who actually thinks you're cool, wants some money. And you are going to give her $250 of your $4,000. I want to choke you. Your job is to serve your family, not your sports betting addiction. So there is no data that says that people who sports bet end up wealthy. As a matter of fact, there's a ton of data that indicates that the person that you're betting with ends up wealthy and you end up with nothing there is no data that says that when you um act like that you own everything and you are throwing coins but what's the thing for mary poppins tuppence to the poor you're throwing tuppence to the poor like your poor little wife

we're gonna give her a tuppence or whatever that was i can't remember she's not a poor little wife though dave she's the spender. He's the saver. Dude, you are so, there's so many. Here's the thing about this email, Jason. Some people, quite a few, in fact, can have one or two drinks. They can go to dinner, have a drink, have a glass of wine, have a cocktail. Some, though, can't ever again. Some people can get together with their buddies and put 25 bucks in on something or

you know go to vegas once a year and whatever you my friend probably are not that person and so i'm suggesting you might have to close this account and never open it again uh not maybe you do ever because the language you're using indicates you got all kinds of issues that haven't gotten to the sports betting that's right and the sports betting is going to get exasperated i see it all in the language yes you you have have to call somebody and say, I'm not okay. You're not okay. You're a sick puppy. Gosh, I hope we weren't unclear.

So it sounds like we're making fun of you because we are, okay? I'm not so much. We are. No, you are. You're like, this is the worst email I've ever had. It is. If dumb people like this are on the planet, we're always going to be employed. That's true.

You are making fun of him. But, I mean, here's the thing, dude. It's so messed up that it's impossible to not make fun of it and give you a loving, kind, gentle answer with a straight face without being sarcastic. Because everything in this is so freaking absurd. That's it. It's the absurdity. So put the addiction aside. The way in this is so freaking absurd. That's it. It's the absurdity. So put the addiction aside.

The way you treat your wife is absurd. The way you think that this is a side hustle is absurd. The way you think this is saving. You're a saver. You're a saver. It's absurd. Everything in here is absurd. And so the absurdity has to be addressed,

and we're doing that with sarcasm and humor. Go get a job. Because we just don't know what else to do. Go get help. Go get a job. Dr. John Deloney, Ramsey Personality, is my co-host today. Thank you for joining us, America. We're glad you're here. Karen is in Phoenix.

Hi, Karen. How are you? I'm good. How are you? Better than I deserve. What's up? I've been wanting to hear that. Listening to you for a long time.

Well, thanks. Appreciate everything that you have taught me. Well, thank you. My question is, my husband and I have owned a small vending business, soda and snack machines, for about 20 years. I'm 72, he's 66. For the last couple of years, we feel that we're getting tired of of the the physical aspect of this business the lifting and the you know carrying and whatnot how many machines you got out we have about 35 machines we do it all ourselves him and I on some of the accounts we only have to service once a month, some of them once a week, some of them every two weeks.

But we've done it all ourselves. We earn, we net about $2,500 a month from this business after our expenses. Now, we have someone who wants to buy it. He has offered us $60,000 for the business. That including, because we have about $10,000 in inventory, I'm figuring that the machines are worth about $30,000. I have net income $30,000, machines are worth $30,000, and the inventory about $10,000. And he offered us $60,000. But then we have to pay $10,000 to the broker, so that would leave us with $50,000.

Now, we're not sure whether we should sell it or not. We don't have a lot. We sold our house two years ago before the big rise in real estate. So we put the money, we put 300 000 into a retirement account into mutual funds and we have about 75 000 in cash okay let me give you let me give you a couple of technical numbers that will uh help you with the analysis okay okay there there's uh three different ways to put a value on a business one is what's called book value which is if you just close the business and sold off the stuff in this case the machines and the inventory which would be 40 grand okay you could do that right and you think you'd get about 40 grand the machines are worth about 30 you thought right yes okay yes you don't get to do that and calculate it on top of that what the income you either create you either sell it for book

which is the worst case scenario and um you put the money in your pocket that's in the machines you sell the machines you sell off the inventory or you run the inventory through the machines whatever and you just end up and you close it up okay so that that would get you somewhere around 40 uh another way to do it is a a gross multiplier which i would have no idea how to do in this business but in some industries you take your gross revenues uh which is before all of your expenses, before any expenses, and you just have a multiplier like times two or something or times one or one and a half. In that case, but I don't even know what that is in this world. It really doesn't apply much in small business. The third way, the most accurate way, is after you paid someone to do the work,

what would you net times four or five? Four would be if the person wanted a 25% rate of return, five if they wanted a 25, or four if they want a 25% return, five if they want a 20% return, okay? So if we did that, we would say, okay, you're netting 30. If you paid someone $20,000 a year to run all of this for you you didn't touch it and you put 10 in your pocket as the owner not as the labor okay not as you're getting paid for labor and be an owner but when you're selling the business so if you said ten thousand times five would be 50 times four would be 40 uh and that's probably not that far off really you probably take 20 grand to pay,000 to pay somebody to do what you all do.

Right. You might net somewhere around the $10,000 range. So the $50,000 is a good offer is what I'm telling you. Okay. I would take it. Now, here's a fun idea just for a twist. You want to throw a twist in it? Yes, yes, I'm open.

I'll take it, and I get to keep two of the machines my choice. Okay. And locations. Okay. And you take the two sweetest machines of the 35, and you all keep servicing them so you don't get too bored sitting at home and looking at him. Exactly.

We thought about that. We thought about that. We thought we were going to sell them off individually and then just keep the two best. Oh, okay. You could do that, too. I'll do the 50. That's really less than I want if you let me keep my two favorite machines and location with the machine. What would those net you?

Okay. Those would net us, let's see, the two best about $400, $500 a month. Yeah. Yeah. Just a little something to do, just a little tickle. And later on you can sell them if you want to. The what? You can sell them later on again if you want to.

Yes. Maybe even to the same guy. Maybe even to the same guy. Does that feel good? You want to sell it. I can hear it in your voice. Yes, well, I do. You're tired of lifting cases of Cokes.

Yes, my husband's tired of lifting cases, and I'm tired of lifting candy bars. They're heavy. Yeah, they are. I love lifting candy bars. I love lifting candy bars. John, this is not to eat. It's to put in the machine. See, you couldn't be in the business. You love lifting candy bars. John, this is not to eat. It's to put in the machine. See, you couldn't be in the business.

You would eat the inventory. I couldn't do this business. You would eat the inventory. This is like selling drugs for me. No. I could never do this. No, he's dazed. Oh, he would, yeah. You gain a lot of weight in this business.

We want to do other things. We want to do something different. So, okay, that's a good offer. I don't think the $50,000 net to you is a bad deal at all. Okay. Just based on the numbers you gave me. There may be something I don't know. There may be something I'm missing, but it sounds fairly accurate mathematically,

and it does sound like it's time, which is the other part of the equation. Cash up front, no payments. No, you're not carrying back financing. Cash on the barrel head. I want to see Benjamins deposited into your checking account. Real money. She mentioned an agent, and I've never heard of that. A business broker.

Okay. Kind of like a real estate agent for businesses. They sell businesses for a commission. It's not that unusual at all. That's great. Huh. And especially around something like a, it's got a route, like a tool business, it's got a route. Okay.

Or a vending machine business has got a route, something like that. Huh. You get business brokers jump all over that stuff. Hmm. So, open phones at 888-825-5225. You jump in. We'll talk about your life and your money. Krista is in Virginia Beach, Virginia.

Hi, Krista. I'm short on time. Go fast. Hi, how are you? Thank you for answering my phone call. My question is student loans. I am roughly $360,000 in student loan debt. Good Lord.

Are you a doctor or a lawyer? I'm a pilot pilot you're a pilot what do you make yes um right now i'm currently in the military so i'm making about 75 000 a year why didn't the military pay for you to be a pilot so they do offer that program but i was the first one to go to college in my family so we were very uneducated about the process and I was not sure that was even a thing until I joined the military so now here I am and I'm not really sure what to do or how to pay for this because we already have a fixed interest rate of about 2.5 being in the military and I've deferred it as long as I can and unfortunately it's

at the moment where I have to pay and it's roughly no sir okay when do you get out of the military my contract is for eight years starting when starting about two months ago you have to finish flight training which takes about three years and then your contract begins so I'll be in for about 11 years by the time I can get out oh man and then your contract begins. So I'll be in for about 11 years by the time I can get out. Oh, man. And, like, my mother, like, you know, she helps as much as she can, but I'm trying to avoid.

No, your mother can't help you with $350,000, honey. You're going to be living on nothing and barely paying the bills until you get out of the military, I think. Hang on. We're going to try to set you and barely paying the bills until you get out of the military, I think. Hang on. We're going to try to set you up with one of our financial coaches, and maybe they can see something I'm not seeing in the initial distressing two minutes of this phone call. We want to help you. But, boy, you just trapped yourself. It sounds like a kid.

If you can get out of the military, you need to go commercial so you can make some money. This is The Ramsey Show. Dave here. You can find all of our shows with the Ramsey Network app on your smartphone. It's the only place to listen to the entire back catalog of episodes. Download the Ramsey Network app in your favorite app store today.