The Ramsey Show - App - You’re Not Gonna Like My Answer… (Hour 3)

Episode Date: July 26, 2023

Dave Ramsey & Ken Coleman answer your questions and discuss:  "Paying off debt while preparing to move." "How do I negotiate my salary?" "How should I prepare for inheritance tax?" Talking to a mother-in-law about retirement. Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Here's an EveryDollar deal just for our listeners: get a 14-day free trial PLUS $15 off your first year of premium. Click the link below and start budgeting today! www.everydollar.com/TRS Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Interested in advertising on The Ramsey Show? https://ter.li/s64ye3 Ramsey Solutions Privacy Policy

Live from the headquarters of Ramsey Solutions, broadcasting from the pods moving in storage studios, it's the Ramsey Show, where we help people build wealth, do work that they love, and create actual amazing relationships. Open phones this hour. Ken Coleman, host of The Ken Coleman Show, Ramsey Personality, number one best-selling author of the book Paycheck to Purpose, talking about careers, jobs, and how you make money with your life.

He is my co-host today. So you got questions about that, jump in. Again, the phone number, 888-825-5225. Speaking of Ramsey Personalities, student loans are happening. Student loan problems are happening. Your student loan, you're going to start paying on it again shortly. I hope you're ready. So Jade Warshaw, Ramsey Personalities, hosting a student loan webinar.

Limited space, totally free. So she's going to talk to you about how to get ready for starting back up and all the issues around the whole student loan crisis, debacle, epic failure, whatever adjective you want to use for it. She'll help you with it. Jade Warshaw, totally free. There's just a handful of slots left for this free webinar go to fpu.com slash student loan and it's a free webinar with jade warshaw and student loans

fpu.com slash student loan yesenia is next in lubbock texas kicking off this hour hi yesenia is next in Lubbock, Texas, kicking off this hour. Hi, Yesenia. How are you? I'm good. How are you, Dave? Better than we deserve. What's up? So my husband has decided that we should move up to Oregon because he believes the cost of living is lower and we'd be able to get a better start.

We currently do not have credit on a home or anything like that. So we've been renting for the past three years. And so we're looking to buy a fixer upper home that my in-laws would help us get and then start paying off and such. And it's about 40K. And then to remodel and such, we'd invest about 60 possibly. And currently we owe about 10 in student loans and we have 3,000 in savings that we could use. So considering we'd be moving about 1500 miles away, we may need that to use to move away or we may, you know, so paying off our student loans right now, I'm not sure if that would be the wisest decision. And then we also have about $30,000 in our car loan. Good Lord.

That we just took out. There's a lot going on in this call. What's your household income? It's about $40,000 to $60,000 a year. But my husband has potential to make more because he has his CDL for trucking. And his family is in Oregon? Yes. Okay.

So you're asking me what? So what would you recommend? Do you think it would be a wise thing to move in this current situation that we're in with our savings? Nope. You guys aren't going to like me, and you're probably not going to do what I tell you to do, but you're going to wish you did. You don't need to buy a fixer-upper when you're broke people.

It's going to cause you problems. He's got this dream in his head that if he can just get closer to family this is all going to work out cost of living in uh oregon and lubbock texas is not any different that's absolute bs you're not you don't live in a high cost of living area darling he found his daddy or his mama found a fixer-upper and he's got the bug to move back home that's where how all this is going well he's dreaming all this up while he's around while he's driving truck he's sitting thinking about it all day while he's grinding gears so now i gotta tell you please don't do this it's gonna be a mess and so what would i do if i were in your shoes i'd work like

six jobs i'd sell that stupid car you just bought get you a car you can afford that's absolutely ridiculous purchase and then I'd get those debts paid off and once the debts were paid off I'd pile up some money and then if you want to make a move make a move and pay cash for the little fixer upper or go up there and rent until you can pay cash for the low-fixer upper. Right. But there is no cost-of-living move from Lubbock to Oregon. Nah. How long have you been working, and how long has he been driving the truck with the CDL?

What's going on there? He's been trucking about a year, and I have my degree in biology, so I could use that to teach or to continue my education. The goal is to go and be an EMT for the meantime so that I'm generating income. And if I want to go back to medicine school, EMT would be in January. Why? This is July. This is when the program would start.

What are you going to do between now and then? Or I can look to start in September. That's what I'd be doing. You've got to be working. You guys can knock this out. $10,000 in student loan debt, you can knock that out quickly. What's the car worth? The car, I think it's worth about what we paid.

I think it was worth like $2,000 to $3,000 more than what we paid. Yeah. Get out of that now. Please get out of that. It was a huge mistake. Does that not just have red lights on top of it flashing at you going, error, error, error? Definitely have lost a lot of sleep over the debt for sure yeah yeah and then

we just added a big old pile to it just for the fun of it because we wanted to go buy a car so we need to slow down and develop step-by-step plans to clear debt build cash then move then build cash before we buy okay so you think it would be a very foolish decision to move across the country. I'm 100% sure it would be very foolish. I'm 100% sure it would be very foolish for you to move across the country the way you just described it to me. Absolutely. I kind of thought it was a bit far-fetched,

but there are plenty of really good job opportunities down here. My husband would just not be home at all. So that's kind of why I've been a stay-at-home mom for the past year and a half. And also because of the cost of childcare for me to be a biology teacher, which is all I have right now. So what's keeping him from getting that better job? Just that it's not ideal for the family? I think so, but I really pray he would just have the wisdom to take that step. I've tried telling him that that's what husbands have to do. It's the next step for them to be providing and taking care of the family, and it's not always comfortable.

I would love for him to be home, but that's not where we're at financially or with starting out our new lives and getting a bit our new lives and well what if it's a season for a period of time if it takes you guys sell the car if it takes you guys a year to get your finances straightened up so you can move then all of you go to work and let's get moving that's right everybody pays a price let's get this moving and then then head off to oregon i'm not mad at oregon okay you can go uh but you know he's got this all dreamed up that he's going to, you know, what we have is a mess, and then let's go ahead and buy a house that's a mess and add a mess to a mess. That's just, you're just, you're signing up for terror.

No thank you. The harder he works, Yesenia, the faster you get to Oregon. That would be the vision I would try to cast with him. Yeah, right after we sold the car. Oh, yeah. Did I mention you get to Oregon. That would be the vision I would try to cast with him. Yeah, right after we sold the car. Oh yeah. Did I mention you need to sell that car? I hope I was clear about that. This is the Ramsey Show.

Thank you for joining us America. Ken Coleman, Ramsey personality, is my co-host today. We appreciate you being with us, America. Ken Coleman, Ramsey Personality, is my co-host today. We appreciate you being with us. Sam is in St. Paul, Minnesota. Hi, Sam. How are you? Good, gentlemen.

Thank you so much for all you do, and thank you for taking my call. Certainly. How can we help? Yeah, so I have a little bit of a generic question here in terms of negotiating a salary for a promotion internal to my own company. Basically, they created a new position for me to move up to a managerial role. And instead of talking directly to my boss off the bat, now I'm being asked to talk to an HR representative that's asking what my preferred salary would be. They have a posted range,

which is good, but I'm kind of curious how you, if you have any suggestions on how you approach that with the folks that you've been working with for a long time and will continue to work with going forward to maximize my salary and also keep relationships good and positive. What's the range? Yeah, that's what I'm curious about. Yeah, so I currently make $120,000. The new range is $135,000 to $175,000. I posted publicly, and I exceed all the criteria because the job description was basically

my resume cut and pasted and put on a job on a job board this is corporate america how long you've been with them yeah uh four years uh there's no there's no particular formula for this answer. What I would do, I'm interested in what Dave, I want Dave to come at this from the CEO, the leader side. I'll come at it from what I hear and what I read out there in the marketplace. But looking at this range, this is going to come down to what I believe is the gut test. If you believe that you can say, I believe based on my experience, my skill set, you've got to look at the open market too, not just the way that this job is posted. You've got to go out there and do your homework, and you can do it, and you can find out, okay, based on my skill set and experience, do I feel like out in the marketplace that I could

command the 175, let's call that, that's the top end of this deal, then the gut needs to reveal that. If you've got that and you feel like you can say, hey, I think I can command this. I think if I look at the market, I'd like to see it at the high end, but you're not demanding it. You're answering their question. If they've asked you from an HR perspective, what would you like to make? You can say, I'd like to make this. And it's based on skill, experience, matching up in the marketplace that I'm at the high end of this range. But if you can't validate that, I would never ask for it because I just think that it's never going to end well because I'm assuming they've done their homework and they know where you fit in the range as well. That'd be my answer on how I would handle it personally.

I normally would until they used your resume to cut and paste the job post. That is the X factor. Yeah. And so in this case, are you going to be in person, Sam, with the HR person? No. They're in a different state than our location. So this is by email or something? This was just an email with about five questions in it and that's the first time salaries come up and so

uh i guess i don't know i mean this environment sounds very uh formal to me uh so i don't know that my response will work but um my my tendency would be to put like a bunch of smiley faces and go hey guys let's be real this job posting is my resume reposted which means you guys intend to do 175 and i'll be happy with that yeah i like that with some smiley faces and just you know just tell just because that's exactly what they did and just saying it out loud and going that's my justification for 175 because that's what y'all think it's worth thank you and we appreciate it you guys are awesome wink wink smile smile whatever i don't know well what's your insult man sunglasses i don't know i mean whatever

whatever emoji you want to use there. But I would try to lighten this up a little bit and just say out loud what's really going on, because I think that's your best leverage to get the 175, and I'd go for it. Okay. Do you think – Unless these guys are such tight butts that they're going to get all twisted up because you tried to have a joke about it. I mean, my God.

But you're – Yeah. You've got a little bit of trepidation, anxiety on you. For real. What's it coming from? What are you worried about? Well, I mean, I'm relatively, you know, young, and not that that matters. You know, like you said, I check the boxes that they're looking for.

But I'm wondering if you'd ever, if, so the direct hire manager is my current manager, and we have a wonderful open relationship and very, you know, open and honest, and that's how it's been over the past you know four years ever since i came on board are you still gonna be working for him yes well call just call him get him on the phone call him get him on the phone tell him what i said and say if i put that on this hr form is that going to be okay would you mentor me and tell me what to do yeah okay. Okay. Good as insight. Here's the thing.

There's a difference between asking and demanding. Yeah. They gave you the range. And they asked you your opinion. Yeah. So say, I want the 175. I'm just happy to be here, but it looks to me like you guys used my resume for this job posting, and I thank you for that, and I'm excited excited about this role and 175 would just be awesome thank you very much yeah and see ask your mentor if you're upline if he thinks that that's gonna

if that's gonna cause you to be a jerk you know you don't want to look like a jerk we're not trying to be sarcastic or are crazy or something but i mean it's it's just kind of like calling out what's really going on and and that takes all the smoke and mirrors, all the pressure out of the room. It lets the air out of the balloon, you know? He's in a situation where he can do the calculated ask, which is what I was walking through, versus a crazy ask. This is not a crazy ask to ask for the $175. So they can always come back at you with something.

But I tell you this, if you say $155, if they're going to come back with something, they've already lowered it. So that's why I go higher. Well, they're not going to go, oh, you know, we you say $155, if they're going to come back with something, they've already lowered it. So that's why I go higher. No, they're not going to go. I don't think so either. You know, we think $175. Right. So I'm going to ask for it for sure.

I just got to figure out how I'm going to ask for it. That's right. But I'm going for the whole puppy in this case. You know, no question about it. Man, why is communication so hard in companies? It's just people, man. Open phones at 888-825-5225. Tom is in D.C.

Hey, Tom, welcome to The Ramsey Show. What's up? Yes, hello. Thanks for taking my call. Just a little background. I'm very familiar with your stuff. I actually used to teach it. Thank you.

So I kind of know the answers you're going to tell me. But maybe I have a little bit of a dynamics, maybe. So I'm just calling for clarification. So long story short, I inherited some money from my brother. So I am the sole heir to all this and I've done all the legwork and have proper paperwork and all this stuff. So long story short, there is about $380,000 in total. Half will be from sale of house, half will be 401ks and a little bit of life insurance and stuff like that. So my question is twofold. One is I'm being told that these 401ks, I will be taxed on them because I was never labeled as a beneficiary properly within the 401k.

Even if you were, there would be an income tax on them. It's not an inheritance tax. It's an income tax, but yeah. So it will throw me in a different tax bracket, correct? Not that. I mean, your tax, you know, it's an inherited 401, whether you're the beneficiary or not, and you have to clear it in 10 years. So you don't have to do it all at once, but you've got to do a tenth a year.

A tenth a year. Yeah. Got it. How much is in the 401k? Probably about $195, all said, between the two of them. Okay. All right. And so if your tax is $50 50k i'd be tempted to just

cash out enough of it just cash it out and pay the 50k and not worry about it and just be done yeah i kind of agree yeah okay i don't think i screw around with it's not that much and you've got the liquidity to do it i'd sit down with your tax professional make sure that calculation is accurate and withhold that much and then just roll it into wherever you are in your baby steps. But very well. That puts you in a great situation. I'm sorry you lost your brother, man. That's sad.

But, yeah, you just plow your way through the details, which is what you're doing. So very well, very well played. This is The Ramsey Show. Ken Coleman, Ramsey Personality, is my co-host this hour. I'm Dave Ramsey, your host. If you haven't heard, we will be in Chicago doing the SMART Conference, and we is all the Ramsey Personalities. Me, Rachel, Dr. John Deloney, Jade Warshaw, George Camel, and Ken Coleman all day long.

We'll be there September 15 and 16. The platinum tickets are all sold out, but there are some general admissions left at $99 if you want to be there in Chicago. Chicago's a cool trip, too. Come on up. Hang out with us, especially if you're in the Chicagoland area. You can get your tickets at liveeventstab at ramseysolutions.com. We'd love to have you.

On the debt-free stage in the lobby of Ramsey Solutions, Ryan and Kate are with us. Hey, guys, how are you? Hey, Dave. Thanks for having us. Absolutely. Welcome. Where do you all live? Denver, Colorado.

Oh, welcome to Nashville. And how much debt have you paid off? We paid off $70,000 in 34 months. Yay. And your range of income during that time? Range of income was anywhere from $35,000 to $67,000. Very cool. Very cool.

And what kind of debt was the $70,000? It was mainly, it was all me. So it was mainly credit card debt and a bunch of student loan debt. Okay. All right. How much of the $70,000 was student loans? About $55,000. Yes.

Okay. And $15,000 in credit cards. Okay very cool very cool all right what do y'all do for a living i'm a physical therapist assistant and i'm in franchise development all right very good so uh 34 months 70 grand and it's all ryan's fault we've established that so tell the story. How'd you guys get plugged into Ramsey and decide to pay off your debt and do it in three years? Well, I met my wife in college at Texas Tech and we ended up meeting in the marching band. She was plugged into FPU through her family and we ended up doing it because of that. I saw you on the Fox Business Channel, so I ended up really being plugged in and listening to what she wanted me to do so it worked out really well but i have been well indoctrinated into the system so my parents actually took fpu about mid 2000s so i'm a dave ramsey kid i have had the envelope system

since i was eight now we prefer to call them financial peace kids you're your parents kid okay yeah all right well done y'all great job very cool congratulations so yeah you come in all indoctrinated on that pretty strong cult-like word but okay yeah all right good and uh ryan says okay he's on he's on fox business so we're gonna do it right i like that yeah and here's what i like you said i pretty much listened to her and did what she wanted me to do. This was a guy who knows the secret to a happy marriage, so you got on board pretty quickly. But the question is, what did you do to get going? Were you gazelle right out of the gate? Did you kind of get along slowly in it? What did that look like for you? Yes, we started actually in May of 2020, about two months before we got married. So we decided to have those conversations to get that transition going before all the ink was dried on our certificate um and even though with covid going

on and everything in the chaos of the world we really just decided that we were going to do it regardless of what was happening um why not yeah exactly so that's really what happened and our dead ball or that snowball started off really small small, but we just kept pushing and kept going. What'd you do to make the income go up? So we originally started as a condominium front desk person and a server, working every hour that we could. And then about a year into it, we or I upgraded jobs that doubled our income. Nice.

So that really, really helped. Yeah, really. Helped make it through school as well. Yeah, we actually six months into our journey, my husband got into his last round of schooling and we had a moment of, I don't know how we're going to do this without getting another loan.

I don't know. And we had to sacrifice of, I don't know how we're going to do this without getting another loan. I don't know. And we had to sacrifice a very generous wedding present that we received to kickstart the school savings and to pay. Wow. What was it? Can you tell us? It was a gift. It was about $10,000. It was really generous.

And we wanted to use it for the beginning of a down payment of a house but you know sacrifices had to be made well but you did because the way you get the down payment for the house is he now has a better income because he got the degree yeah there you go i mean pt you're gonna be you're gonna be okay there yeah good stuff well done uh but that's a hard decision yeah it hurt for sure and the good news is you were actually thinking about it, both of you. Now, did you argue about that? No, not too much. Honestly, we didn't argue about the bigger stuff.

We argued about the $30 here and there that were unplanned. I'm the free spirit. She's the nerd. Okay. So you went and spent $30 on something that almost lost your life? Yes, sir. Yes, sir. You can tell.

There's a little bit of trauma there on her face when she mentions the little $30. I'm going to kill him. I'm going to kill him. I'm going to kill him. Yeah, $10,000, and then he goes and does that. I love it. That's fun. That's good.

You guys are great. That's exactly how it works, though. I mean, you've got to be talking about it. You've got to be talking through the conflict. You've got to cry about the sacrifice a little bit and uh it hurts and you gotta uh i mean that that this is how this whole thing works because the people that avoid all of that are the ones that just go do whatever the flip they want to do and then they spend the rest of their life paying paying the man you know and so you guys were very mature. You're looking long.

Every one of your decisions were long-term thinking. Yes. Not short-term thinking. Yeah. And that's pretty amazing. I mean, well beyond your years. Very, very, very well done. So, Ryan, I'm pretty sure your father and mother-in-law were pretty happy.

They are. Yes, sir, they are. Okay. Well, who else was cheering you guys on outside the two of you oh we had an amazing support system we were supported on all sides both all family members on both sides and friends we talked to co-workers about it we talked to anybody and anybody who would listen anybody and everybody so we're very thankful so quick shout out to the mcneely mccullough and the Askew Brooks family because it was so helpful and we are so grateful.

Yeah. Any any haters in the group? Not really. Most people were happy, but some people were confused, but happy at the same time. They're like, I don't know why you're doing it, but okay. They got married. They got weird. Yeah.

Always a couple of haters. Yeah. Yeah. There's always somebody. That's okay. That's part of the program. Those motivate me. Always a couple of haters. Yeah. There's always somebody. That's okay. That's part of the program. Those motivate me sometimes more than the encouragers. Good for you guys.

Well done. Very well done. All right. Now that you're professionals, you've paid off in 34 months with great sacrifice $70,000 straight out of school, straight into marriage, straight into this debt snowball stuff. What's the key to getting out of debt straight into marriage straight into this debt snowball stuff what's the key to getting out of debt when somebody's listening they're watching you right now you actually did it it's not theory so for me as the free spirit it's impulse control and having discipline learning that discipline and also trusting your partner

and for you and since i'm a huge nerd so i'm always going to say budget we had it was our main tool our main weapon against it and we really i love budgets i could talk about them all day but then also having a reason why that's big enough you know i had a few reasons why but they vary day to day which one was bigger than the lack of motivation i guess yeah that's very good i like that word weapon on budgets. I might use that. It's a weapon against financial stupidity. Yeah, that's good.

I like it. The destroyer. It's good. We may have a cartoon before this. I see a lightsaber in your future. I'm thinking Conan, you know. Yeah, this is good. Very good.

Well done. Very good stuff. Hey, we've got the Live and Give box for you, the Baby Steps Millionaires book, which is for sure you're well on your way to that. The Financial Peace University, which started the whole thing for your parents, and now you can go through it as a young couple, or you can give it away if you've already been through it.

That's fine. Whatever. It's the live and give. That's the whole idea. Total Money Makeover book, you've been doing that, so you'll give that one away to somebody, I'm sure, and be an encouragement to somebody. You guys pay it forward.

Very, very well done. Sharp Young Couple, you guys are very cool. Heroes. Thank you. Heroes, I'm proud of you. Very good stuff. Ryan and Kate, Denver, Colorado, $70,000 paid off in 34 months, making $35,000 to $67,000 a year. Count it down. Let's hear a debt free scream three two one we're debt

free yeah that's how that's done i love it very cool very cool we are seeing the generational effect now yep uh more and more and more even some third generations but a lot of financial peace babies out there yeah be careful how we name yeah that's exactly right financial peace babies out there and uh very cool very cool very neat this is The Ramsey Show. Our scripture of the day, Ephesians 4, 22 and 24. Put off your old self, which belongs to your former manner of life and is corrupt through deceitful desires. And to be renewed in the spirit of your minds and put on the new self created after the likeness of god and true righteousness and holiness andy warhol said they always say time changes things but you actually have to change them yourself that's true time doesn't change

squat that's right except wrinkles but yeah other than that, oh, my gosh. All right, Xander's with us in Norfolk, Virginia. Hi, Xander. How are you? Hey, Dave. I'm good. How are you? Better than I deserve.

What's up? Hey, I just have a quick question. I'm 22, married, and in the Navy out here in Norfolk. And my mother-in-law, she lives out in Wisconsin. I met her daughter when I was up there for basic training. She's a very sweet Christian lady who never has any bad intentions. But her situation is she's disabled from a car accident a couple of years ago. Somebody hit her in a crosswalk.

And I love her. And my wife loves her, obviously, but we're afraid that she's going to end up living with us eventually. And we just don't want family members living with us, period. Not, not specifically her, but, uh, I don't know. I don't think she has retirement because she just did like housekeeping jobs before that. And, uh, she was a stay at home mom for a little bit, but I don't, I don't know what to do from here. And I, I don't know what to do from here, and I don't know how to talk to her about it because she's very sensitive when it comes to things like this.

Where's dad? Not in the picture. He's in Arizona somewhere. Oh, so they're divorced? Yeah. Okay. For how long? Quite a few years since my wife was a preteen. Okay.

Okay. And you guys have just gotten married recently? Yeah, within the last year. We're hitting our one year and a month. Congratulations. And thank you for serving your country and i appreciate the um sense of love and the sense of responsibility you have towards her um you're not in a place you can talk to her about it

she can't she can't discuss this with you you haven't been here long enough and it doesn't matter how smart you are or how good your intentions are uh to speak into people's money is a very personal thing and um and it requires a uh pretty in-depth relationship and so i i think you don't worry about it right now uh do you have any idea how okay she's disabled you said permanently she lives on disability right now she lives with her mom and dad okay so how much does she make in disability you have any idea a couple of grand a month probably right i mean she's getting ssi from the government

is she getting any other disability was there any settlement on the car wreck no there was a settlement but she's working with somebody to renew her her health insurance right now and they said that she had to spend half of it because she couldn't have a certain amount for the health insurance and she only makes about 900 a month. She had to spend half of the... Okay, she needs different advice on the health insurance. That's what I tried to tell her, but she said that the lady works with the Social Security or whatever. I don't know.

That for sure she needs somebody different. I mean, let's ask the IRS about our taxes. Well, that's a dumb butt idea, you know? And that's what she's doing. She's talking to Social Security about everything. You don't need to get your financial advice from the Social Security office. They're not that bright. So, no, she needs to get outside of this and get some other information.

Your daughter is going to have to talk. Your daughter. Your wife, her daughter, is going to have to talk to her. She's not going to listen to you, man. You've not been on the game long enough. What should my wife say to her about it? She needs to get some outside advice because when people start saying you have to dumb down your money in order to simply get health insurance, you need different advice.

Okay. Okay. Okay. Are there any programs? So she didn't get a lump sum settlement? She got a monthly? No, the monthly is the disability that she gets. It's about $900. And then it was a lump sum of like $10,000 or $20,000.

It wasn't a lot. No, it wasn't. That's what happened. Okay, her disability ought to be more than $900 coming from Social Security. Yeah, that's what I thought, but I don't know that much about the situation because I don't like to pry on personal stuff like that. Yeah. Well, it's not personal.

It's just I think the government, I think there's something missing here because it would normally be more in the 2k range so and she's living with her parents she's living with her parents and that that's what worries me is that when her parents move to move in with um uh my wife's aunt then i don't know what happens to her yeah and she's trying to move out here to wisconsin but she keeps hitting roadblocks with uh government housing and whatnot she can't afford anything here what is the nature of her disability what is her permanent disability what happened to her um she can't stand for very long she can't move around very fast um i think that's all i know of okay but her mind is working fine so can i how old is the lady uh she's in her mid-40s okay there's a book an old book called what color is my parachute yeah

yeah yeah and and and you talk about the four types of what we're talking about the other day yeah so what we have to do is we got to figure out what her long-term prognosis is if that's the long-term prognosis then she's going to have to do work that is probably remote in nature and it's going to be computer and phone work where she can use her mind. Not working is not an option for her. Yeah, she has to work. So the question is, is she good at people work? Is she good at ideas work? Is she good at process work?

Those are three of the four types of work. She's not going to be able to work with things and be physical. And so if you can help her ideate, and we'll give you at the end of this call, I want to give you the Get Clear Career Assessment, which I want her to take. And this will create a very natural and fun conversation with her daughter, your wife, as we look to what are some jobs that she can do that will allow her to make some money to A, dig out, B, sustain herself long-term because she can still do work. And there's plenty of remote work for that type of again customer service work uh could be administrative in nature so we got to figure out

what she's good at and what she enjoys so if i'm your wife if i'm your wife i'm saying hey mom you're gonna live another 40 years yeah if i'm you i don't want to live 40 years on the government yeah it's not gonna it's not enough and i don't want to live 40 years on the government yeah it's not gonna it's not enough and i don't want to live 40 years in government housing i want a better life than that and so if i'm you i'm gonna start thinking about how i can make some money stack some cash mom i mean i want you to go get a career that you can do around the particular challenges that you've got. The book What Color My Parachute is about all the people that, in spite of supposed disabilities, go out and make incredible incomes. Yeah.

And because they don't say, all right, I'm going to live on 900 bucks a month. I mean, I don't want to live in poverty for 40 years. Yeah. And I'm going to find something to do. I mean, I'm going to paint something with my teeth. I mean, I'm going to paint something with my teeth. I mean, I'm going to do something. My gosh. How do you feel about the daughter saying to the mom in a loving and respectful way,

hey, we've got a boundary here we need to make you aware of. We don't want anybody living with us, and I just want to get that out there. I wouldn't do that. They've been married just a minute. Yeah, so too soon is the answer. They're both hyper-worried early in this marriage. I mean, if they've been married five years and it's going on maybe but i i you know and if you're not careful zander

is going to get blamed for this that is true and he's going to be the evil step he's going to be the evil evil son-in-law my everything was good he come along you know i had everything figured out and then he come along yeah yeah so no she so no. But your wife needs to talk to her mom and say, Mom, I love you too much to watch you live in poverty for 40 years. We've got to work on your career. And I got this assessment from Ken Coleman, and he'll help you. And he will do just that. So hang on.

We'll get that out to you. That puts us out of the 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, it's Ken. If you like what you heard in this episode and want to know more about getting started on the Ramsey baby steps, go to RamseySolutions.com and click on the Get Started button.

We'll help you figure out the best next step for you based on your specific situation. Again, that's RamseySolutions.com and click Get Started.