I

I am sure we should use the rams regional matters down gauge remained in the pay of mortgage has taken the place of the Bmw status symbol. I'm diversion arose to number one, knowing Doktor John among my dollars today, as we answer your question about your life in your money, open phones, AAA eight to five five, two to five. We know people build wealth, do work that I love and create real relationships.

Cup is weathers? Jacob is an Flint Michigan. I Jacob power. You hello, I'm doing well, God has a right man. Can we help. Well, my wife and I are followers or your plan. We ve paid our holiday, but for our mortgage, but our house burned down this way. Saturday may would happen. I'm not sure. Yet the fire department thinks it started in the garage, It was the only one home at the time. My I should get you out of town offend their though I'm uninjured ok, what will be doing all right? It's just total loss. I think so no expert, but I think it's, but although replacement a meme, we got a few things out after the fire was but they're all smoke damage to be damaged.

May I have sat in people's front yard with Marm over the shoulder, while we watched her house burn in the end, the firefighters there and that's a traumatic moment, man, I'm sorry that happen, I'm real sorry that happened. Do I'm going in any event like to safe food, the the A shade thing to say is: why revise ok, yeah now? Does your home all your stuff, gown managers, your memories. Your picture think things keep sage and valuables, I'm so sorry. Thank you her. How can we help you walk through? This I used my question is a little broad. Just I never expected this. I hadn't really thought about it and I want to move through this wisdom Is there a Ramsay way of moving to a house fire who, who is you're homeownership assurance with state auto, mocha dont, have experienced with

particular brand one way or the other. you don't have to be unkind, but you're gonna be very, very tough, because the ice in the adjusters job is to minimize the size of the claim, and he He or she works for the insurance got me not for you. you may have to involve a lawyer to get proper pay out. You might have you got show involve watch called a public adjuster meaning you aren't a gesture on your side of the negotiation that you threw everyone the details in though Thou cost a lot, but they finally make you more than they got you if they're good at what they do. If you, male trouble a media, They run the one of those two. Ok, but don't art with the naive thing that the insurance company loves you and they want to take care of you. None of that is true and deep.

You have most homeowners policies have enough the total loss than it's gonna be x, number of doll, to replace the home in there's gonna, be some money to give you a place to live. While your way right, do you have you gone through your policy to find out where you stand? Yes, I saw a limit for structure and then for content, and then we ve got some covering housing immediately. Get your housing done, get the family. She, you know emotionally solid in a place to live where we're not living in a hotel room as quick as you can cause you're going to be here. While and then second thing I would tell you to do just from the judges from experience is not necessarily Ramsay thing it just how again like John having walk through this with other people start making. Everybody in the family, start making lots and lots and lots of lists of everything you can think of that- was in that house. Lots of

and you're never done making this list, you just keep making it and you don't let them rush. You to settlement. Unless it said the max that you're gonna get anyway. If they want a ride checks for the max. and on the contents. Were you I have to do a lot of they're just going to ride again. I just said: okay we're going to cover it up, Usually you ve got to create some kind of proof. and then they want to argue about every freaking relied upon that list as to how much It's appreciated and all of this, and so I wish I could give you good news and say this was going to be an easy thing and now there's two different sets. Trauma that happened. Air one is the fire and all that and all the emotions that go with that and the loss and then there's another set of trauma and that's going to be dealing with the insurance company I wish tell you what I'm gonna be that if it's not, then you the best insurance company on the plane,

but I can tell you the vast majority of whom are an absolute pain in the but together I with an show you ve got to, control of the narrative take control of the discussion by conch. We pushing com Finally, raising costly the time line along and well use our own. contract or well maybe we're not yet right, there's nothing in the policy. This is raise your contractor. Said, maybe we're use my contractor and so I'm gonna control the narrative, I'm gonna control The discussion in the decisions are not going to assume I want to be mean to him again by, but you need to be hot. You have to be top. You have to be really really strong and maybe maybe you can but but it bet ever you just need to be really really strong and don't. The assumption that, just because they're, nice or just because,

kind of fish. They speak slower low that no, which their training, that that's gum mediately mean you don't come up a hundred thousand but short when this is all over and what you should have gotten. measured in lean into the details in the process. I would this is going to sound like I'm being cliche here is. I would tell you this if you- and I were just hanging out- and I didn't work here- heard of one time that somebody had a a ay Astros during the the tornadoes in Nashville couple years ago, and my buddy was had just switched his homeowners insurance to Xander and he lost everything, and he said it was an extraordinary experience It was from start to finish. They tell took care of him and we had dinner in his brand new. They rebuilt the house from the floor up dug the whole thing out, and he said it was a in a bad start to finish was a great expert,

but Xander. Wasn't the insurance company agenda was the broke. They were the brokers and they stepped in and also fought on his behalf. He had that's it. You got. You got somebody in your corner when you got to Brown they have, and they you know Again they do that because of our relationship. latterly incredible it's a lot of difference, but in most cases you know, you're you're, on your own kitchen table or you're just trying to make lists and you're trying to figure this out and you're, trying to consider the legalities and everything else. since don't you know I am, I would just readily keep bringing up the adjuster look. If we can come to a reasonable, Russia, on this than we're gonna, have to involve an attorney, or rather to involve the public, a gesture if like if you and I can't managed this project to get to a reasonable result the brain outside people to push around. If I can, if you and I can't work this, and so you just very calmly just stay in their real the whole time,

in two years to two year process? Sorry about that! Sorry, but that's that's! We can help anyway, you holler at us. This is the Ramsey show. The doctor, John Bologna Ramsey personality is my co host today, the AAA the shit you being here the John last time we played your questions for humans. Conversation cards you found out my favorite tv shows Downton Abbey, not true, and that there was a murder in my family and show these

large or selling and proud of him. So crazy man. That's a lot of fun people were Avonlea it. an opportunity an entrance into a conversation with they may have not had the couple years at school. No, we put some other cards at here out of the friends deck here: ok right, so, let's see here. What's the your favorite cheat meal that always love, no matter how much money you make cheap meal. Probably chocolate doughnuts, I guess our that's not a mainly now you're, not a meal already agreeably nazi. That's not you know pizza gacha repeated. I wished from a certain place, NAD Pizza line is I keep hearing about it over and over day after day, Finally, one night she was out of town. I got up in the card robot by myself as the years go to a local,

Bilbil and I said Wonderingly Jack Odin to do so by man to one side of the duty to talk you and I thought America's gonna be ok. If we came up with this, we're gonna make it yet tat yours his glowing. Oh yeah dude the radio active year out. I could for you, but until now is not only not good for you, it's bad for what's the best concert you ve ever been to and why I welcome in our Benda, like five eagles cancer here anymore, hotel, California, the other day, I was there a scar. Yeah, I mean the boy, getting older, yeah Vince Vince can still sing and they can they don't miss a lick on a guitar. I mean Joe Walsh might be one of the best guitars in the world. He can jam so convincing advance, rather with their their vocals. Her aging, a little- they were really really good other ninety percent there still and Vincent one hundred percent. There is better

in writing LT for hours? I end who's, the worst boss you ever had and why, I guess a God came in and Tommy to F and get my f and dashed cleaned out and get the if an out of there, and I still wonder why I got five. It's so large, you yeah this driving along. I wish I'd subtler, then I'll. Never know why I got five. I dont probably deserve to get fired. I just don't know what I did. I still this data, but I would drive me crazy closure and that insecure that that were made it. I want to know what I want. I do a long time ago, forty years ago, but you know about the so consequently people that work at Ramsey always know why they got five airy collision, never any doubt as to what happened or you may not like it. You may not agree with it, but you will know But we also need to be surprised. How surprised I coming

you know, and so there's that that goes by the two so yeah, that that has to be the worst boss right, yeah, what about yours? What about your worst Bush? stuff. They answered from always people to observe you, I believe me I had one has the benefit of being their ears is, dare I cast, I say this also cheesy I've been so fortunate to have some of the greatest supervisors ever there's one That document to read I know it all and you don't need that kind of digestive issues on the radio. Now that I have digestive issues there was there was one supervisor ahead that had some significant integrity issues that ultimately of that person left, am and so I did abstain, but that Brazil Left- and that was down off for me as a young professional it it.

It's a baptism by fire like oh, no, I I I've had that happen when I've worked at places, but even more so, even while I've owned the place that and if someone leaves- and as a leader after leaders have taught us not her leadership. That someone leaves- and you got this person enough already this week, we proud everything We ve negotiated about this. We tried to correct the behaviour, and but your word because a real popular with the gang end again doesn't know the whole story. I shall when you reject them, you think you're gonna get a rebellion ride and when you hit a jack, but one I've discovered happens is The growing does not, and you have what I call the the wizard of OZ syndrome where that seen in the wizard of OZ, where Dorothy is, throws the water on the wicked witch it towards the young and the old original Yathrib outright and What do we do it away and she smelt geology melting, go so tribunal on the floor and there's a thing and then

Olympic Azure stand around little poodle, looking guys right with their curvy knobs and they're like the aura yeah, that's right and you think they're going to turn these knives on Dorothy because they just she just killed their boss and there's. This pause in the movie like a three b. oh no they're gonna turn this dorothys toaster here and then AL dropped to one knee and go all hail, Dorothy right and that's what they do to the leader who removes toxic stuff from the organization as a thank you so that the team goes all hail the leader or is actually a leader. He actually she actually knew what the flip was going on. So yeah that's a very valuable leadership. Lesson. Remember that you might have a wizard of OZ moment when you remove the

toxic Tina from the organizations toxic Gina, so are who whoever it is or toxic tony it could be. I dunno the way it has to be somebody with a t because we have to illiterate, so questions for human cards are on sale. They're part of the ten dollar sale at Ramsey right now go to Ramsey solutions, dot, com, there's a lot of stuff, a lot of our best selling books, etc are on sale. for the are unbelievable price of ten dollars on lots of number one best selling books. They had questions for him and guards there check it all out. It's absolutely the best time to get a deal, and if you haven't heard you can enter the Ramsay cash give away for just went up to three thousand dollars. No part, if necessary, must be eighteen or older to win the give away, got Ramsay Solutions, Dodd Coms, give away and is in Pittsburgh. Hyaena welcomed the rams ratio I dont think for taking my call sure. What's up.

So I am currently teaching of peel at my church and this week lesson with on ensuring that really gotta. Think about my parents and they do not have long term care insurance, and talk about a couple times before? Don't seem to be interested, though I want advice on what to do. I find me sure there are protected and that I'm protected as well. Well, you're, not in jeopardy. unless she's the one it's gonna preventive care. While she chooses not right jack, she's, not jeopardy, show There is no law says that you have to ride to check for the nursing home if they dont do with their spoke today, so that others have to work it out, but ah ah show you're you're, technically, not in jeopardy. Now, and if someone refuses your advice on getting the proper coverage and then later almost we're your money. Instead, I think

Disqualified show, but in a shop How do you convince mom and dad to do any It's almost impossible. You really can't cause, you heard me say it before, and I had the powdered, but syndrome want some powder, but they don't want your advice on money or section in your parents just aren't. I listen to you about these things. It's weird I I started my parents, yours, I approach it. I said I want to know what your plan is in What is the plan for it if there was to happen to one of you- and this was a broader like hey we're talking about the wheel. Let's talk about what is the plan if something happens, and that and I've got great, parents and wise parents, and they that sparked a conversation of all. We need to come up with a ex. He plan which that they got us long term care insurance, a thing for Christmas, that they got it and then told all of us as their kids. A case is real, expensive, so make you're gonna have to have they got it.

for themselves for themselves a Christmas present to you data to us, so you don't have to deal with Hey mom and dad. You want to give me a Christmas present. That'd be one way to approach it. You gotta have some love and I I I had the exact same experience. I had a relative that I actually came and asked my advice and I just told him all the reasons that they needed to get long term care insurance. They didn't do it. Eighteen months later, the wife was diagnosed with early onset Alzheimer's and they didn't have the coverage and you can't get the coverage. Then it's like getting can't get car insurance after the car wreck. It's not possible, so I would just begin to talk to a badge say: I'm concerned I love you, but you can't make them. Do it and you're going to be really disappointed in your life. If you keep trying to get people to do stuff, they don't want to do the lonely Ramsey personality number one best selling author is MIKE Bobo. Today Elizabeth is whether she is in Sacramento hi Elizabeth. I see on my screen. You're completely debt free way to go

I am, and it is so and credit exciting. I love known when I go to the store, I spend money, it is bind, love and love, we need to but you pay off sixty five thousand cool. How long did this take you five years, good for you and your range of income during that time, when I finally theories about getting at a dead. It started eleven dollars and eighty six then- and I finished it- I just got a permit wrote from last month and not fifty thousand a year. For you or view, that's amazing. So what do you do? I work at a hotel name. Supervisor cool are you sure, proposing what supervising the front staff assisting gas with any opportunities they may have at the hotel, great, very cool over there was the sixty five thousand with a combination of twenty five thousand five hundred and student loan.

Ten thousand to the federal government and twenty nine thousand five hundred didn't you credit cards wow way to go out. Are you? I am forty four So what happens when you were thirty nine? That was your wake up, call any immediate, and as to the issues and not unable to provide for myself. My son is getting myself more and more debt with credit cards to make ends meet with. Im, tired of being sick and tired, and I ended up having to let go of my fully furnished two bedroom apartment because I just couldn't afford the rent increases, but it was Regional eleven hundred went to eighteen hundred Vienna within a year through measures thought. You know, at a time my son, I'm sorry. I can't do that free baby. I can't afford that. I'm sorry- and I just get me my dear

make choices for me anymore. So I let go of my to Belgium Apartment moved. In with a christian family and friends as a sublet put everything I had. An attempt by ten store June started, telling it all glad my son. Didn't think he was. You re all my furniture, everything It's me down till I got five by ten storage unit, man still stones of the true. I took a job over time. In fact, as a volunteer work, the greater shift because it initially pay more in our below the same companies, you and I are took much of every free thing that they offered is the term their key members and employees, and I love my company. Could they have been huge part about journey? That's cool! Well, as my account Eddie partners and making a budget that is just to crews the credibility and the budget. You run into the Ramsay stuff. I

first heard about it actually from my ex husband see about fifteen years ago, I was diagnosed with the brain tumor and sprang a portion of the medical costs b, but forty thousand dollars and I was, huge amount of money for us- and we were already in debt and we're like well, we need to do something different, because what we're doing is just not working which is getting into more holes so He bought the dvds and did the classes at home and just as we were taken us out of the credit card, then we got a divorce and I get myself back into more credit cards and more debt with the divorce cost than everything and then he and I ended up taking a few twice: If my church and with this third time of big Bienstock entirely the second time I come in stopping days issue and be the intense I want to slay the dragon of my debt,

like in the process. You just sit control all the lead on your whole life Everything was turned round, but they ve been some of the best work experience. Of my life, and I will never go back to credit cards. Men. Borrowing money, nothing Was it like? I can't think of industry. I mean there's, so many that were hit hard and less couple years. But one of the hardest hit was the hotel industry. what was the stress like trying to keep this thing going on? not to say we are attached to a casino tribal casino in the northern California so whether industry, we did put pause for six weeks during the pandemic. That hit started, my thousand dollars step one. Urgency, funding, knowing that I had that on my back pocket it just. was already halfway through my debt journey. That was just I was sailing through us. I'm gonna take the time just relax and enjoying not work for six weeks in

then get back after that. We may reopened and open them anyway. having issues as a hotel with staffing- and you know, come in we try and keep everything super clean the may not always understand that pre pre imposed pandemic expectations. Can't you know there are different, but there were good for you, I'm so I'm so few fewer harder things than a single mom who says alright, I gotta I just gotta. Do this all over and I gotta start with myself and I gotta make this thing happen and you did and it's it's just it's inspiring. It's incredible very well done we're proud of you. good job and me to thank you. What do you tell people? The key to getting out of debt is make a plan I recommend the Ramsay probe step, but if they want to follow something else, just minds on the network You make a plan get. Accountability, partner and budget.

if you can cut that budget. I dont mean, oh, my dear miss in budget, and then I was like They don't drive for medical reasons. I was like. I can't afford lifting uber, so I I lived in uber out of my life I started walking more taking public trembled and I with my colleague partner, figured out, but I can pay my friends, he how'd you like to make some extra money and me around town So thankfully, when the bus is not available in it, I can't come with two weeks with groceries. They are they grace they picked me up and lifting over is now a distant third option. convenient option, but you know it's not my first choice of powerful, You get creative when you went out and you gotta work, and you worked it very, very well done I we gotta copyright

steps millionaires for you, that's the next chapter in your story. You are on your way. You have turned the corner for sure you ve climbed Europe, about the valley, and now you are heading across the top of the mountain. Well done. Also copy a total money make over it and give it away to some by there in the hotel or some friend has been helping you with driving around my being start a wholly ruckus in their life be good stuff out, I have already done that. I had like several copies. Was your ten dollars sales? My hand about, like can't extra taste, is very, very, very much very world? Are its unless about then Sacramento, sixty five thousand paid up in five years making Levin dollars and eighty six cents all away to fifty thousand bucks a year county down LA dead, very screw three q ones

yeah. Just in case you are sitting there making eighty two thousand dollars a year with too far famous whining it. You can figure out a way to do. This long comes a loose, but the microbes on your head right, you're living in some giant metropolitan city, and you think that the world should bring the rent down for you because you deserve to live in this town. Comes Elizabeth and says Object night shift. I can't leave the eighteen hundred John moving down to the moon and woven out olive and, as other place, all put almost stuff in a box and sell it good for her, just cousin, the Sacramento. I don't get a pass on math, I'm gonna do what it takes It's a different

there's something about people when they get up above a problem and stand on it rather than laying under it. Yes and it's Victor vs victim hand, and we all can do both yeah. We all have a tendency to both yeah, but it is a conscious decision to get above it and go no, not The problem today on you, brain tumor Ugly divorce, single mom, making eleven box to

This whole thing around: it's never too late to start over him, and I got friends and I got a great place to work, taking care of me game on and family helping me and christian family. My church taken me and letting me sublet all my gosh do with people all around her helping her. This is the Ramsey chef the gala knows was on the line, open phones or AAA eight to five five to two five doctor John Baloney Ramsey personality is my co host today, Caitlyn Jenner, Washington, D C hi Caitlin. How are you

thank you for helping me out of my question sure are going up. Ok, know and my husband and I just recently relocated from his job and we moved from our or my dream house in our dream location to M this area or this area. So what did you all destroy your dream? It? It's I'm just for his first job, it's better! It's better! It's a better job! So anyway job going on everything that was good in it and then really is that its growing mummy back? But my question is I'm working to clothe honour homeward, bound I am at the end of this month. We I'm are selling it for nine twenty five. We bought it for five, sixty nine we owed around. twenty eight on it? though, when all is said and done, we should make about a I'm here-

we have purchased a townhome which is much smaller. It's really nice, but it's not I forever wholly and though my question is why, we get that money, should we, We pay off the town home. We would then become totally get free, Jeff item. We owe about ok. Okay, we owe about three eleven. I'm there now paid off and then I'm are. Our hope is to build we're not sure where we can. I wanna see we're going to be ass, though we just I make the right decision and then possibly keep it and then maybe rent it out in the future. Only if you can build with cash and keep that with cash. Okay, if you have to sell that to keep from taking out a mortgage then you have solid than you will sell it. but I'm gonna go ahead and pay it off. Now you ve got the peace and stability of no dad. You get such treatment.

Cash flow with this wonderful new job. You can using all of it to pile up cash in addition to what you ve got left over from the shell, the dream home back at the other location, All that is moving towards building another dream home another thanks, you guys adore and love, and hopefully between the sale of the town out and the cash that you save and have saved from the other how's your baggage for the new house. You can do them and keep the paid for town. As a rental. Fine, but again we're not. keep the how town house and then go borrow money on your new place. Does that's enough, borrowing, money to buy Randal Property and we're not doing so Brian, congratulations! What a big one false! That's a great man once the bad news, George, you dream house, the goodness. you may bank on it? We're rich awesome, serious well done

Iraq is in Minnesota, hijack welcome the Ramsay Show drink. Thank you, you're taking like all sure, how can we help? I am about to start your career in real estate in my wife following your baby said finally, after the one you finally getting. You know intent on them, my, question is because the commission only should I should we build up are three to six month of emerging. and he before we really delve that noble now but you should do. Is you should build an account? Not that you don't call an emergency fund, but that you to supplement your lack of income that different than an amount holiday that planning a career transition when I was in the rules that business? Sometimes I had a month where I met zero and am I

twenty thousand bucks the next month. And so we always kept a separate fund from our urgency fund that we a horrible name for it is called a hill and Valley fund when we were on the hill, we set some money back. So when there was a valley or if he were charting your income and you shall hills and valleys the pile Bali, fun smoothed them out. Does that make sense Now. Here's the trick six months in you should not need this at all. Be making more than I used to make total and you should never let violently, but but in your foot six months your income is going to be at best, to volatile at worst non existent. You now Is your wife work outside the home does she largely store while she finishing her mouth instigate.

What is it you all live on We are all that's why I'm asking if we should have a kind of money stockpiles of because she's making about twenty eight hundred a month or tat building. You live on that and though the legion of honor, live on her income than you don't have to have a large stockpiled in here's that maybe I'm written into this man, but If you can't afford six months of making zero salary, it might be the de pause on taking a one hundred percent commission job if your can eat or you're going to have to work on this job and yet after all day and they go find something and then at night in drives the have some food european twenty eight hundred of those can break even on that you don't need NATO fun. Ok,. If you, if she can make enough, you live on your wife's income to you get yourselves, I ve been goin. There's no

I mean interest. You just have to do that. You can't go up and go while we ran up thirty thousand dollars in. our debt was boarded Marilla. I know Now that would be a loop. It or not. You look great gardening marked down, but I mean you that's what people do and that's what I'm saying that loud, so yeah We don't want to go that route, so you only need as big a fund as her income won't cover for six months and then big bigger in it, but it's not really an emergency fund, its planned of transition, and I'll show an emergency is an unexpected event. This is expected were worked affecting this weaken predicted. And then get out there and kick kicked, but names and let's go make a bunch of money in business. So being Dr Commission, in and of itself, does not require you have an extra fund. It might learn new towards a six months out in that three to six months spectrum, but you know if you, if you're strike commission you make three hundred thousand here and you used to my forty them.

Dear you don't the problem. You know I am shouted. The fact If something is commission isn't the issue, times are something's, commission and emotional making money not making money, that's the issue, not the commission's fault. am being self employed is not the issue. The issue is being self employed, numbingly money, so that that that's that's what comes up and people in these situations? open, finds a triple eight, eight to five five, two to five Doktor John Villanies new book on your past change. Your future last week was number one in the nation in all the best shutterless- that matter and I m pretty cool. So thank you guys weep. Shit. You in Amerika, the book is not so complicated, approve relationships, mental health and wellbeing. It has done very, very well continuing to sell very fast, In a world where we need to have some framework for coping,

the things we have gone through and or are going through. in every one of us have things we go through and or are going through it. No one is section of that in and we ve had a culture, I had experience in the past twenty four thirty six months of this culture, wide stress and anxiety level- and this gives you just some. You know, okay, that There is usually not a complete but so he must really be scared and different way of different framework of looking at things, and if you own, past, you said, Slayer. That really happened. Then you can change your future, and were headed into some some strong headwinds with some some negative financial information were hidden in just an unstable political. It's going to be the rest of our lives as a thing will come up and the mom will get sick and will get lose a job life happens. It's love it's a framework man for how to do life well way of give me skill

tools in my belt or will give you the tools in your belt for your career tools in your belt, for your money tools in your belt, for your relationships and your mental wellness and that's what we do here Ramsey and we do it here on the ramsey- show phone numbers triple eight, eight to five five, two, two: five. If you want to participate, I am Dave Ramsey, your hosts will be back the 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 the you enjoy this podcast. You should check out other great podcasts from the Ramsay network like Ramsey, everyday millionaires. Ordinary,

people built extraordinary wealth and you can, through on everyday millionaires, you'll, learn how millionaires live on less than they make avoid debt, invest and are disciplined and responsible, listen to everyday million.