From the headquarters of Ramsay Solutions broadcasting from a dollar car rental studios, that's what they were amnesia work that is done just came out. Mordred has taken the place of the Bmw as the status symbol of choice on day Ramsay. Your host. Thank you for joining us. America were glad you're here, open phones, eight hundred and eighty eight eight hundred and twenty five five thousand two hundred and twenty five Cecilia is whether in Boston, I Cecilia. How are you thinking?

taking my car sure. How can I help my husband and I have a right to under fifty thousand dollars within that almost there, student loans. I know no, because you don't have a house We also have to leave the we just don't why we have another. That is all around two thousand miles, so we ve been trying to give up her car. And in order to drive that in several used and we have a family wedding that coming up in August in another country, my husband brother, and decided in order to help people get down, Anthony up and not take too much of a hurry to have my husband go and me stay and the instrument that was that on his family. Not happy with the decision, and it was very upsetting. And we got in October and it was half an hour way to handle that is

plundering our leading to insensitive. Three both go. Tell me I'm gonna pickled back so it's his family, wealthy so there are broke, but you're doing destination. Wedding internationally I don't know one brother situation is may your destination wearing and you invite all your family. This broke. It's kind of unfair that, but I place like that show on where's the wedding public hooker was not too bad, I mean only cost you get down there, I'm so biplanes a good friend there is around round almost seven hundred dollars a week and what your household income. We look around

as an idea combined when you have to under the house knowledge and that I find myself. If so, how much worth how much of the tuna thousands of these two cars. While the true, though I got rid of one or two cars, we got rid of one of the lessons that we don't have that five million dollars payment. That was the he's. Not. My heart was upon the tour dollars and debt that you gave me answers in addition to that. Ok, right and beyond and how much much NATO on the other for the other cordially You don't have that in the two thousand: either ok and what is the two hundred thousand all stood launched out, though it a hundred thousand

Do that long and ninety thousand Meister allows and IRAN are on credit card and bank loans for one degree issue My degree is a council. I thought your gloves. In my bachelor, the masters, degree and hearing I did not think I too degrees, but you didn't finish so he took the launch for that. We have that long or that dad got them about the great most of you work here, black and you only make sixty that measure. What, while show your mom, sure degree in all of Europe work was a really poor investment. Why? Based on that

feel that you have chosen out of it. Anyway, I mean if we just take yours alone is a hundred thousand version that mean you're making. What thirty. I I'm a game. I I guess I meant after taxes, I'm, making around making fifty but after taxes, I want to say well you're Megan. Fifty one is me MIKE Ginger started working job. The right now he legs around fifty. He just darling, I'm changing jobs, but that wasn't interconnection of hundred fifty and fifty like a hundred rush, you make a hundred thousand dollars you it's a little different. Well. I I mean seven hundred dollars, one where the other is not going to change your life, a positive order, the negative. It's me

point of who runs your house, your the lower you too, and that's what it comes down to is more boundaries issue. And you know I- I might inclined to spend the seven hundred accepted out error wanted me to, and then that makes me I want to do it does your trying to tell me you how to run my house? All of you. But yeah seven. Our box, if that's all, it's gonna, call, should get down there. That's really out of a hundred thousand, are your income and even now, to hunt thousand dollar mass? the seven dollars and not the issue. You're gonna, find other stuff, there happens that this can be seven dollars on way. The other in both of you need to get extra jobs in you. You got a selfish other car. That's a lot more important than the seven hundred dollars, I think it's more of a boundary issue of you know you don't get set aside. What I'm gonna do? That's not you know, you'll live here and

and sometimes you do things not out of guilt tripping, but just because you want to be kind to someone. But as soon as I start guilt tripping me out into go the other way, so I don't care. If you go it doesn't matter to me. I think you ve got a lot bigger fresh to fraud and that one so I'm not sure this is a sword. I want to fall on if it was seven thousand dollars you trying to fly me to wherever for seven grand and be different, but sooner boxes you can work extra for a month delivering pizzas and go right what you need to be doing any way to earn some money so you know that there are so many big numbers here, and that is such a small number that it's more about the result.

The ship issues the boundary issues for me, that than than the actual dollars in this case and arm, so that that's the way I look at it, it's it's presumptuous folks, for you guys any of you to do a wedding and I've run it sponsor times over the years, it's fun you do wedding out of the country into a nation waiting or something that's fine or do a wedding in your city in your whole family in New York and you gonna, get married now like us where you live, but you don't have than to be angry if they can't make it over there. Presumptuous. And that's on line in. Oh, if you feel word butter by making it go where they are putting the frequent Dominican republic,

presumptuous is crud. It's just right. You're, presuming upon my money, you're spending, my money and then you're pissed. I won't that's just weird. This is the Dave. Ramsey show. You know what the absolute best investment you can make is, if your way up in the morning dragging you're not doing any one in favour get the best sleep you ve had on a quality, affordable, mattress from tough, the needle. They ve got a mattress to fit your needs and they start as Lois three and nine on dollars. I could tell you all about the specks, but I really like these guys. They are an incredible com.

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calm thanks for joining US law, where those Eugene Organ Laura how're, you Dave, I'm going. Are you better than I deserve help? And I know my husband is currently at including an army. We just started on the baby that we have are about limit, should be done and we are working on came down that our concern when we buy it. How do you set your entire in seven years and it'll be forty about? Why am, I fear, is waiting until he forty to take out a mortgage

being behind the curve on everything else Maybe we should aim for again prior to retirement Don't you think, I'm home by understood it some kind of study, yet you behind, but in time, saving for mortgage to take away from saving her attire man or a bigger emergency fund, or anything like that. Well, what I would who is, must work on third through on through the baby steps get out a dad get. Your emergency fund implies and then start putting fifteen percent of your income into retirement, and then I would say of that. I'm gonna start saving towards the purchase of a home, and I so you ve got to get. You got six five past six years at that point, to build a really strong down payment to get into a home. And are, and maybe even depending on what your household income is, maybe even save up an entire amount by cash for home during that time you'll be fine, then, because what what

no you're, not really losing ground, because your building that fund to be able to buy your home. Is what we're saying saying: you're gonna have a separate fund above your emergency, if our above your retirement savings to do that to buy homework and You must be to start shrunken money in their like. You were paying off a house So you tell me funny extra money anywhere a here to ensure the sale of an item or whatever you just Marwood put. Then the homeland group within the home funding up their homeland and you might look up that you very well look up depending on I shall then come and go well. I don't have to pay cash in the seven year. Mark and you're gonna be fine. You eat, you know it's not ideal. To start this whole process at fifty years old, but people and they make it an you're, not you're you're starting at forty, so not gonna, really be off your you're gonna. Be fine,

Hannah's whether some Charlotte North Carolina High Hannah. How are you mister envy? How are you today better than I deserve? What's up in your world? You get passions for you today. I've been earning money with baby sitting and it's a good bit of money for a teenager, my age, and to ask if there is any particular book that you suggest how to manage it, ok cool how much of you saved. A few thousand dollars good for you. Wanna go out area forty Wow, look at you well done. You're normal on package. So what do you want to do with the money. Save it in Spain, A car, ok, I should get a couple years to save towards a car and you ought to get a couple tat along in that direction and I think that's ideal. So what this,

Not have to be some kind of super complicated, sophisticated thing, if could be as simple You have a savings, account the bank and throw a chunk of the money that you are in that account, because you want to buy a car whether in two years- and you just throw it in there and thrown it in their thrown in there, and you ve got a goal of hitting a certain amount and you d, That is, how long you ve got your twenty four months to get there How much will you won't have in their new show, but not so much the kids on aid to sit around and you work your way into it. That way, I I think, fine- I don't know that you know so. We need to have some kind of sophisticated. Ass. Much strategy at fourteen with your baby, shutting money to buy a car weathers, as I think you're doing, Abbe I will send you a copy of our book for high school seniors, and I think you have no trouble grasping cause you're. Obviously, ahead of your years, it's called the

graduate survival guide and his things to mistakes do not make in college, but- and so I think I'll, give you some some ideas as your saving toward your car, but your ears, and beautifully beautifully, I'm sure you're pregnant women Where are? They should be cheap is weathers in Chicago Illinois. High chat. How are you. What are you doing today better than I deserve. What's up, going to be deaf free next month, except for our house. Gonna have getting a decent bonus check and I contribute max to my four or one key right now They know how much of that should be robbed, verses, traditional right now I do about seven thousand a year to the Ross. About eleven five to the traditional side. A hundred percent should be Roth. Ok, ok, because

in my employer matches ten percent, which obviously goes traditional side as well, because invert that the rather viewed by the taxes on at once a year right, Ok, I didn't realize you the Fora one. You can roll the contribution, the employer contribution into your regular, pay taxes on it. Because I do that here with mine then, but here's the thing we want. You pudding, fifteen percent of your household income, no more than fifteen percent of, old income into retirement at baby step forward after year free, accept your house and after you have an emergency fund of three to six months of answers, so you got some of this run out of order here. If you're gonna be able fix it out, pretty quick that which can take you twelve months to get that order. Straightened out you stop here. Retirement savings temporarily until you get out of debt and have your emergency fund, but but if you knew that real quick bodice continuing go ahead and do it but

That only order, we usually tell folks to attack this. Then I would you: have children kids and we are saving money towards college is well. You got ass far north ass. You got all the Angolan out of order, then ok and then anything else you find above fifteen percent, no more than fifteen percent going into retirement above fifteen percent goes to buy up the house early and that's what we're you today. The reason for the Roth. A hundred percent is really Israel sample. A hundred percent of what you have in your account is tax free when you get to retirement and almost all of what is in your account when you get to retirement traditional or Roth, is growth. Indeed, the ninety five percent of what is in there is growth and either irish tax aboard not taxable so first three million dollars in the traditional or in a Roth Roth remaining tax free adversary.

Put the same amount into a traditional end. Up with the same three million and its taxable Costume box taxes, so you. You want to be sure that that that's, why quickly and easily, without even thinking about it. A hundred percent Roth. When for the portion? when you do start with the US. With the retirement. When you get to baby steps, we appreciate that straightened out pretty quick there our I'd Julie's, whether some Greenville South Carolina high Julie? How are you Thank you, God. How can I help My question is: why just started on your class last? Not for the first time I've heard about the snowball effect

in the dead of my question is my cousin, some add counterpart arms, and so we ve gotten some money from from the insurance company, and I want to know what to do with this money, because we also have a credit card. That's reckoner like a hundred dollars a month interests, and then we have to turn a miracle bills that you know. Some of them need to be paid in some can weighed, and so I just wonder: how's he doing right now. He is cancer free. He turned out some radiation treatment for a few months ago on his cancer free. Does that to have blood work done at the end of march? Wonder so such good? Yes, thank you. That's a beast. You been fighting They just list your debts, smaller the largest and get your budget going

if you're part of an education receive got every dollar you for using every your budget from two to your bank, lay that I'll make sure your bills were paid. Everybody gets minimum pay much, except the smallest that trunk money work it down. Smallest largest ride down at last reached our flare of all those little ankle bible medical bills. Robust. You start pattern that credit cards in a car owners do whatever else is, therefore, is the smallest alarm at risk. Solutions were big fans of leaving a positive the legacy for our children, love, faith, responsibility and a powerful financial legacy. Friends time share, does not fit into the equation. Do not leave your children, a legacy of increasing timeshare maintenance, face of high pressure, a grade sales presentations or a debt. That is

strangely difficult to offload timeshare exit team can help you leave a better legacy, call them today: aid for four nine, nine, nine exit, eight for four nine, nine nine exit or time share exit team dot com roasted market is wide. May not like a monkey shell out right now, I'm not sure didn't get it the closing, but I think that get your contract positive work and you know no stay businesses so funny roasted agents command the business.

A crazy one times you like this and they go out like grossly when times are bad. User rights on your home, good window and I tell you that our home right now. Home usual, increasingly seven percent, nationally and last year. The inventory is the short it has been since nineteen nine denied biggest dollar market I've seen when so, if you're, thinking about something else this is about is good. Amazon, if you are you coming home? You make a move that you want. I can still now. You do now Antoine list your house with your uncle Henry who just got his license. I mean really. I only the support on cleaner. Why, with your largest asset that you all on the planet, you're gonna, give it to a novice lamp, makes you dumb. Don't do that?

our real estate- endorse local providers close three times the properties that the average agent closures and customers The bees are forty, nine percent, more likely to say they had a great I'm selling experience than one You didn't use our YO peace and now, our european average getting up to sixteen percent more for your home, these are high octane fire breeders baby. They get it done. So you're thinking about showing a house get a pro gets. My a volume, one, your team, not so much, other licence twenty minutes ago mean really go labour, radar, com, slice, LP for a high octane real estate agent click L p for real estate on the front page it'll get you there Alex Witherspoon, Wilmington, Delaware, High, Alex how're, you a good serenity thank you, ve taken my call sure. What's up.

I work as a career firemen in his head, that I love it. I was injured The job couple surgeries later in backing in animal feed, I'm being retired stability? I'm sorry- and I thank you Oh One of the options that they offer with feed disability crisis is what causes such as security adjustment action and so if you take that they give you approximately three hundred and Meta dollars a month is hell. You turn aged sixty two or not a bit less. If you wait till eight sixty five and then they reduce their benefit, that you'd be receiving by what they calculate out for such security. At that point, mercies not taking that adjustment option, and then from there. You would just get out in addition to hear this

attention than you get us a security on top of it. And sat down the mad about four years of difference, Thinking, if I'm doing the math correctly, I got lost their site out. You should say five dollars: that's not the total benefit now that sea, they give you the benefit, and then they give you an additional three hundred yards is three. Seventy five, if you agree- we shall surely offset when you turn sixty five sixty I get an awkward. I got it, ok and so your fifty eight. No I'm forty eight now before you this year. Ok, so it's gonna be la longer than four years deference all understand.

Well, I'm I tried to do the math myself rates overtake the three seventy five minus. I think that the taxable benefit right now for three seventy five dollars, and then you know the offset once I turn sixty two aims hey back or the break. Even point I think is about four year. If I'm doing the mass correctly and in terms of not taking the adjustment, we're taking the adjustments so you're running your social security number one. Sixty two- and I think they d be offset about fifteen hundred dollars a month. How can see your failure they assumption you're using to do your calculation? Is that that the drop is going take three. Seventy five from forty eight to sixty two so fourteen years regret and you in return, you

fifteen hundred for the rest of your life, starting at sixty two right broke? I knew you do apply for social security than you do. Get that during the get that either way correct for three seventy five a mind well And fourteen I gotta put in her giving a to look at it. You baby, I'm just curious an interesting one. I've seen this before right, so that sixty thousand dollars, total that you would risk now ten thousand, and so you said you go about three and a half your break. Even his out, you figured out about yeah right, I got there too, not counting the pro. The value of money are going, financial, they re, not theory, but a financial formula that says would rather have a thousand dollars. Today, ten thousand dollars twenty five years from now, and the answer is, you'd rather have a thousand dollars today, because the price

value of that ten thousand dollars is less than one thousand dollars today, given that you take one thousand origin invested will be more than ten shovel like this recently five and invest it it's a lot more than sixty three to run the financial world, in a properly that's what you did ok and solve. We took, we certainly five and invested it for fourteen years. Let's just do it got just a SEC This is interesting important calculator here. Ok, that's our payment They were starting with nothing and put a mutual funds under fourteen years and which the future women, when oral Dragon three set me back and be reused. So this prominent stuff on there right on the one hand for tee really, Preservation, art your hundred sixty two thousands. What we're dealing with ok entered fifteen hundred divide, two hundred and eight months, so it's almost ten years break, even when you do at present

calculation assuming a stock market rates of return of twelve percent. Ok, which we argue about it could be less it can be more, madam, is run reformed. Ok, so would I? that sixty two and ten seventy two I have a tendency to do this, even if the ass comes up sort. I better on the bubble. I avatar seated my money as quick as I can get it ok be cause once it's in your hands, it goes to your errors is law. Was its in this other stuff. It dies with you right, ok, and so, You know like, for instance, social security. I go and take it early and invest it. Right and that invested money. This hundred and two hundred and sixty two thousand dollars that the three seventy five becomes, if we put it into a mutual fond every month, give or take

They might be a hundred fifty thousand, maybe two thousand, but somewhere in that range without goes to your airs. When you die, it isn't lost at your bath right of income that we're comparing it against dies with you right. So if you not gonna, buy a truck with the three eurozone five dollars, if you're gonna invested go ahead and take it. Ok, but that's how that's the way my brain works. You understand what I was doing there now I do. I do Oh, I didn't. I heard you and focus on the family about twenty years ago, while in my mind, The things that I was thinking at the time and I ve been completely debt. Could have including the house for ten years now, good friends are you alright shape financially, We have forty eight and this just keeps you from being a fireman. It doesn't keep you mean you're, not

several of the point: you can't do anything she you have an encore career. You may go my God grant a year to ensure miles. I am that's part of the problem I don't know yet. No second surgery for six levels of fusion is not with the back into the back of the neck. Maybe going back again for more surgery. By now you may have that, but that doesn't mean you can't do that you just major negotiating physically, even going to use this good mind of yours and in for your own corporate there right now, you're still face of that stuff. I'm so sorry, sorry, don't do this, for you ended on the jobs of farmers, check them, thereby elsewhere, but she rose stuff right there. I thanked for colony in this is that every measure

today is where those North Carolina by sharing our yo envy how're you better than deserve welcomed, show like an unfounded merit that no trouble we their renting out how we ve been running for the last two years and the owner to tell the house that we are not sure exactly when, where exactly mainly within the Euro zone there, nor willing to work and deal with us rather than a basically give us on credit toward the house. And what we ve been paying rent while and We don't know if it's something we should do so it's going to be within the next week to give him an answer within the next four to five months, which will be about thirty thousand dollars in credit and

where are they that number two and we have about three thousand dollars left we're finnish half of that this month. This we have. We one moment, one more month, one more in baby step number two and then we were fighting and they were on emergency fund within that forty five months and we make we take home about, was thirty thirty six under the ninth earth, one! Ok, when are you and I'm expecting to show their congratulations? Ok, someone is the house worth employed, one baebody for eleven thousand six hundred and ninety, but they that's what they want to sell it. For the market, value is one hundred and fifty nine one hundred and fifty five Market values one fifty five and they're gonna, give you a thirty thousand dollar credit, yet buddy with the credit on know what they paid for by one sixty. Ninety nine hundred, ok want one sixty.

A hundred and sixty thousand nine hundred yeah, ok, so thirty All of that is one thirty in the house is worth one. Fifty five is Where did you get the information on what the house is worth This is Mozilla is not reliable enough for me to buy a house from so wanna, go, get a cloudy real estate agent to look at it and have them do a comparative market, even a market analysis for you, if it truly one evening with one? I'm sorry, Currently, seeking I've won. Ok, good good, well So if you can buy a one hundred and fifty five thousand our house for one thirty, that's a good bye, you're out of debt, you got your emergency phone implies before you do the transaction than that nothing wrong with that. They only Romania's is this. Is the house you want? Yes,

if you, like, my Jesse, fine, yet ok, you're, not close it and you're not gonna buy it until you have your emergency fund and you have your you're out of that. We ve Establish them, ok, but if you can buy a one hundred and fifty five thousand our house for one thirty and you'd like the house, why would you not by it- Ok, then, by it, I mean you're you're at the right place and that's the right thing to do them either Listen Jacksonville floored high Heath, our you I'm nervous hurry. You don't know troubles what's up! I am worried that this my is lying about payment thing. There's no such thing. The problem that I'm running into. She makes two of us and your manager,

making about seventy thousand here and I'm making twenty. We got a call recently before I started getting serious them too. And we re three in all three payments, there's been issues on which it was the she would make the payments car that's not noticing. I just had the White CO sign for any make more money than anywhere coincide with horror when what why did you have to go on for if you make redound what you might see? How chapter seven bankruptcy three years ago, and it apparently after credit gowned, nothing. Now that's what a chapter on gas Jacqueline destroyed or credit Why shouldn't horizon it should get bad grammar

so expensive that has grown up like six. Forty, ok, How my? How expensive was this car twenty. And when are you gonna scheduled to be married? We want to get married in June and so happy those are ok. You you had. Three payments were over three on the payments, which means, as annual manager you're, not very good at it. And watch over you broke what, because the money in the bag. She's made the payment. I seen the payment like, for example, those last time. Am I really thought I'd sooner physically make the payment three times, and I sat on the regional acceptance website she made it like a week ago yesterday,

It wasn't on their website anymore, not understand that doesn't make it doesn't make any sense, is making a Panama really make him a payment or regional surplus is the strange. For some reason I don't know but I would want to get to the bottom of the Oscars. Tell you that, When someone will lie about anything, there lie about anything. If she's lying about this. This is a time to tap the brakes on getting married. Because some by the law about that law about anything way and so integrity they'll breaker, in an engagement we need to get to the bottom and know how to get around how to get about to find out. I think you do go. Listen, I'm really really really really, not! Ok with the way this has gone right now. And we're gonna have to get to the bottom of this. I've got

understand how in the world I can see a payment going in and then it is to run and removed. That does not make any and I'm not gonna just accept that. Oh that's that they screwed it up. I really got to understand, as you gotta show it to me: not ok with this situation. This a major problem in our relationship. Call me a liar not yet. I've gotta know that before I can move forward talk to her about it, but not I had an ad for I did ask for a bank sailor, but you did riverbanks and minister damage tired of listening to you, talk, there's other stuff, that's gonna,

where she's jacked around and not told the truth and tell little white lies and that's why you're fish so deep in his bond? Am I missing something there now you gotta problem: did you gotta problem the two? A? U need to be sitting in front of a marriage counselor for pre marriage counselling and get to the bottom of this, and you bought a car with this woman o my lord, you got a problem. There does year, you you know stuff, you're, not telling me right now, that's what that's what's than I can feel it. I'm not digging further the Saint Mud deal. But if you were my son, I would tell you what I just told you and that's get in front of a good pasture, get in front of a good marriage, counselor and start doing some in depth primary care and drag all of these issues on the table and, let's really other times that she didn't tell the truth. The other times there was a quote white lie on quote: these are deal breakers. This has to be solved because,

You're gonna spend the rest of your life, questioning everything. Woman says, if you don't trust her about anything when she goes on, asian when she goes on a business trip when she's When you're out on a business trip and she's home, wait when she's at the grocers die, every thing is in question: one everything's in question: that's just life is too short So you ve gotta, get to the bottom of this and feel good about her character. Move forward in the relationship that just man to Man Park and that is not new finances far as a finances go if thing, bottoms out, you're gonna be forcing the sale of a car here. I hope your name is on the ownership of the card. Not just co signed it and hope you didn't get missed overdue. That degree Madame yeah yeah you gotta mouse, you got. You need to begin to it before you put a ring her finger! That's gonna! This is an issue thanks for the corral, Open found a triple

eight thousand two hundred and fifty five, two hundred and twenty five, you jump in we'll talk about your life, your money, it's a free call! That's what we're here giving you the same financial advise and for that matter life advice. Grandmother would only we keep our freedom I think she's James jobs are producer. Black Thomsen is our chief production, the publisher, hidden Daniels, our social producer and phones, greater. I am diagrams your home and we'll be back,

AIDS breakdowns in senior executives. These are for the show. You can listen more watch where with gave way- and you shall have all you catch the full show or watch the highlights and check out days. Guess how did he asked or download it today make more money doing what you love check out? Christie rides business, routine, podcast crises, firing and equipping women become successful, running their own business Christy right and I help women all over the country, take their ideas and passions and Hobbes and turn them into profitable businesses. If you have an idea in your head or dreaming your heart and you ve ever wondered if you could make money doing it, I'm here to help

join us on the business duty podcast, where we are equipping women to make money doing what they live here, from? The Ramsay network, including Christie, right business, booty podcast, where were you listened Abad? Guess, hey it's! producer of the day. Ramsay show this