Waters of wild resolution our car rental studios diagrams Asia were TAT, his dog measures. It has taken the place of the Bmw status symbol and they ran through your host embryo meal. Ramsay personality number one, thus showing author- is my co host today, you're on the ear open phones for you to talk phone numbers triple like a too far, five thousand two hundred and twenty five. That's eight hundred and eighty eight eight thousand two hundred and fifty five two to five doin

Kansas City. To start off this, our doin outcome of the diver amnesia. Dave. How are you today? You could say better that you deserve your right and how can we help? I am, driver. I owe my own trot wondered robotic year now and trying to follow. Your principles personal side I have all might get paid up, including my house. And we have our three Month- emergency fund. Ah my business side, I still owe all my truck, so I'm not sure I made on perfectly like you say I I can't I or my truck and I have a maintenance and that I I only let it get up so far when it get over that balance. I take the money and I pay extra, my truck, one make sure doing it right. I do pay fifty percent and your retirement, I'm fifty six, albeit with the seven year what we all want, the truth. I owe twenty seven

and what your house for what your income profit per year than tax at a hundred thousand, what my wife and I shall when will you pay the truck off this year? I will add the track paid up buying it by just gives Bigwood my payment to be paid at the end of next year, but I think I have paid off sooner than now. You should oh, I don't it's the only death in the world you ve got. You make a hundred thousand dollar zero point, seven thousand! No, it was lean on it and get paid off, so It doesn't matter to me, but let me help me with this there. You don't have business that, because you personally sign for this truck I only knew my only in your mind that its business that the bank has truck loan with old, From Kansas City, ok, I just want to check to make your kid. I thought you might say it lived part so long since I personally find outta that I give it be. I do but fifteen percent of art

mender retirement? Not you want me to stop thou Wert I've been doing it. I would temporarily stop there completely lean on this letter was a credit card and Knock it out of twenty seven thousand bucks. You make a hundred twenty get her dern baby and then Jack then you're. baby steps for five and six instantaneously, and you know if you can Fifty thousand your emergency phone by the way pay the truck off today come over. Does it by the way, I don't know, what's in your emergency power, which is about to say TAT day, but you beat me to it now It's called a day rammed shopped younger than the thing is yeah. It's really good question yet, as it remains people there. ninety nine percent of the small business loans out there are personally sign for yes and so there, their personal loans that you used for business, sodium flip were to that one percent day if it is up on neath the business from you

perspective, but are now this answer, but do you still attack it and pay their debt off as well? It is just about putting baby subjects. Ok, unless the businesses making lifting: may energy here, they're not, Biogas aren't letting that business sign without the guy or the cow putting up I guarantee, I saw it maybe a large small business. gotcha shouted weird, but a large small business. In order to have no personal guarantees on. Am even leasing a building that kind of stuff the term is whether stems in Baltimore Maryland item. How are you Could you please call also coaches and once when I was happy to be asking you to how can we help? so my horizons January and she found without well.

She can have a kid and she was not buried in the state that is in hers. Take it's true I have to go to my dad: was deceased, slow, learned eyes legally of the estate? I too, living costs. There are exaggerated by default. trying to do what they think. she would have liked and split. Even amongst the color, so I've got fifty on that side with fear they don't have that option. They don't get make up the law. she died without a will. The law says what happens to the looney. And the law and the law in most states says that you and your siblings get third of the estate,

What's the estate worth no, but if I have to repeat twinkling inside how much really the twenty five million, She was in your ear, bringing up like crazy squeaking. Did you say three to five million probably You need an attorney today. not to pick a fight with your uncle's, but then you need sit down very calmly and gently with your uncle's and say: listen, I've, gotten legal advice and one third this guy is needs to go through probate. The judge has to decide this and the jury he's, gonna say unless I miss my gas in Maryland, that these three portions of the your dad's portion and his two brothers portions are gonna, be split out and they don't get this does not really wanted otherwise will Grannie. Should I had a freak and we'll have Grannie one something else does granite.

get to say any more, could she died without a will and that date, law now decides can go well, she always sir. Well, it's tough! This is weak. holds the absolute zero water in these situations and theirs of money involved here that is about to get weird fast, very three million hours, some may in dollars? Verses that you your brother get verses, I grant you in your brother get. This is pick a fight but issues its morally wrong. number one that your was just go away. Just get to decide crab. Did you get to decide who died and left you in charge? Oh wait a minute nobody's hello, while in some because no breaking will so bad see what the you guys all see the problem out there right now is now there's a few on the horizon, because

he didn't do their job and your job people is to get your will now Dave. I asked I just or something I don't know. I thought the money went to only the two brothers, but because They are the sons of one of her brothers. They automatically get their fathers portion Father died, ok and so his his one third will go towards his heirs. Answer me in most states. Ok, you know you ve got to get legal advice, but bottom line issues. This needs to come before a judge and judged decides based on state law, because not a will how the money will be distributed. The ankles that aside and TIM doesn't get citizens

but most of the time is very clear law and its it's a pretty much it's a slam them, but the fight will be if we want to argue about this and come up with some spread by paper somewhere and dry. Call that a will for in all this to verbal testimony, bs, I'm sorry camp, but you need a lawyer the day. This is that, every time she shall listen, there are some basic things that you should be doing to take care of your family, a roof over their head food to eat, a car to get you from aid a baby and term life insurance term. Life insurance is an immediate need, no matter where you are in the baby steps, since your family is at no greater risk than when you're. In that the only place I send you for this is designed or insurance they shop, all the top and George companies and their committed deserving. You that's why I use them and have recommended them for over twenty years go designer dot com are called eight hundred three five, six, forty to eighty two.

happily on parliament via the first time ever, we are live streaming. This year's smart conference, oh yeah, you can get the entire day live streamed with the best. the best Anthony only Yoke and common doktor John, Only doc lush parrot doktor make make her not doktor day, actually not backed with Russia, did not doktor Rachel crews, not that they Anthony O Neill and not knocked again comment. yellow, not doctors, and we get a lot of doctors oath and but there's a line up here and you can do you know it's a fan, ever it. People come to us more convert from all over the world. Literally, it's all day, long and this year for her tea, nine dollars you are,

able to stream the entire day and get this it's free completely free if your Ramsay Blush member out well You would pay a lot of money to see any one of these meagre absolutely and it's free empty blush members as a stream thirty nine dollars wow we are doing this on november- the seventh tickets. our own sale. If you want to buy the thirty nine dollar, one obviously would suggest you just joined Ramsay Blush yeah and you get a porno staff and you'll get this very yes. What I'm such a much easier! Much better, be! Oh, but I just go to day rapidly dot com, slash events, the Smart conference will and about marriage be talking about money what will you be talking about, assure guess they own air? Let you Dave owned enterprise, everyone! Oh, it's a break something new

something fresh. He all feel teased mass teasing, not teasing teasing, but you know a day there are worse than by looking at these men are outside, while all bigger, seven that anonymous M are from us young and virtually every talkers Brenner, yes, and you know John loans on fire buys want to hear him and yes stuff he's doing on anxiety. Right now is lights out, ease, Bergmann, very good If the problem is restarting the others embarrassment of riches, we dont almost have room for everybody, we love and one on their yeah So it's for line up again and pretty pretty cool stuff. So this mark Last November, the seventh only thirty nine dollars they Ramsay dot com, Slash e Vance Day It is whether some David's enrolling North Carolina. I David area,

I bet you do today right. Man can help so I'm currently active duty military arm currently put about thirty five percent of my come into your eye for the last. years. I have max my rob. I re while and I was wondering what I should do Arm to diversify extra money, I intended on buying a house, this fall, but on with the market, it being what it is. People are buying houses site on seeing and I don't want we're pay for a house. I haven't seen her with you want to build you got money piled up for house the twenty five Seven thousand four: at downpayment euro shavings many observers, great job for a job so your question is what. I just want to know.

Of my money? That isn't retirement age is kind of heating and even in the bank and in just die. You saving down. I was wondering you like: what can I do to diversify my money on what to do now that I have, as I believe it is now I got to display. blow through money, because I have money now sitting around you're, not you're not going to another guy, show you're the safer guy you're, not that guy but you're not make any money on the money. How long before you gonna use just twenty five thousand miles, I am by more than this year, I never heard that. How are you gonna wait now, probably to a year since I'm on schedule, The boy in February now, like out the boy. Sometimes when I'm parking money, take some risk to make a little more than one or two percent.

If you're gonna leave the money alone less than five years you're taking some risk. So if you put this like into an ESA ninety five hundred index fund, there be no commissions on it. the money in their ok, that's type of thing I used when I'm park money for a year or two or three and usually what I'm doing his version were, what you're doing ships not home, I'm saving up for peace, a real estate and this policy of money somewhere to get rid, haven't big enough piled by bees, real estate and so now here's the thing. If the ESA. Ninety five hundred stock market moves gown ten percent in one year, That would be fairly unusual if it did, but it could the chances of going down fifty percent in one year only happened like two or three times in history.

Very low chance of that. You follow me. Let's apply those procedures to twenty five thousand dollars You might make an extra ten percent. By doing this, you might make twenty five four dollars more than you would, left it and savings. You might lose twenty five under our. and you might end up with twenty seven five you mine with twenty twenty two five. But neither one's gonna kill you ll as you can accept that part of the risk in order to make a little bit more than you use a nation pay. Five hundred otherwise just go. That's it he's. Gonna leave an aeronautical, make any money, because out of take the risk. Saving money is more important for me than making money on the investment for one freaking here right, have you been talking about five years? I'm gonna push you to do that. To do the index fund? Ok,

but over one year the crab, not just an election year. It's weird out there twenty twenty, so dumpster fire of a year, So you know what we know. We don't know what twenty two amendments can be better. We don't know what it's gonna be except better because written way to go, but up So what would you do Do you know why I'm real estate games you been by sound out by solar, about noon out are not about build miles. You been all over the place. I've been all over and you know a Dave. I looked into the Essen P for me personally, because I knew what I wanted to do. And do it last year, but Did do it now, because my goal is to build my dream home on the golf course, and so now that would be in the next three years. So I did open up ESA ninety five hundred to save and invest possess three years out: yeah, ok, but one year I dare say you know what I'm just going just hold it and just go from aids? Go by this new house? I just bought exactly near. There's other,

without either, because if that were the one year plan and what gives you a ten year plan that exactly the twenty, your planet Gilgit or we're getting crazy and go and I'm gonna pull them Bitcoin Minority has I've lost my dad gum mind you know, or something like that, You hit the money right on Dave Casino. My financial about who I used are smart reciprocity. Same thing like. Can you lose some? Yes they're saying you know percent is likely is it could happen by day and I had statistically historically gap. It will be unusual. That's what it comes down to it. But you ve just got a measure that out NGO. Ok among our freak out and if you just said, ok, if I lost twenty percent lost, five grand right, but it is not very good over here that we're good over here you don't always other stuff, and I would be highly unusual. By the way you're make twenty percent in one year either unless its highly unusual right. So there's not a big play involved here they should not like. You got double your twenty five grand yes you're, not yet

If you're playing with someone who says you can do that, don't do it, they observe that's, not apply. Yes, so not that big a swing in their hands, not gonna, get a chance. the ability to act, on the goal which is to buy it's like just come. Down to you, or rather which emotion, do you wanna ride the good that the conservative, like you, do, or a little bit more risk and second take that

because I can't stand my complete version in army in my answer. Is a typewriter waste my time for exactly that's a good answer, such a good we're looking at this is the direction if you struggled during a normal year to pay for that time share our big of a burden is now get out of it. Call time Chirac's Jean when the timeshare turned you down. Timeshare exit team will go too bad for you and get this when you hire timeshare activities before the end of the month. They'll give you a huge savings for paying by Czech or Ach Otto Draft call eight for four nine, nine nine exit or timeshare exit team dotcom. Some exclusions apply see site for details.

And then they only around report. Now the number one for selling author of the book death rate degree is my close today. Here on the day rooms you show, Maurice, is whether in Atlanta I'm resourceful Anthony Day, appreciate your ticket Macao. Today, how can we help. fifty years and of course not have today is How do I get my on board within forty. saving money voice feature as well is going to cause it fully? you're, not just like the plan I walked into law. fallen more with everyday matters. not a bit of peas. Watch me the baby steps that they my money spent on visa.

so arm had me to follow the plans and an EU, that is to say, if not completely, ignorant through your plan it was him. Bob, I would love to see him be more involved in strategy in this fight is about ten You know I mean you, don't have anything but did not have any did you know in India, motivated to love me of this, once they live with you fight on He dared not precisely mother of sometimes in buildings with me Sometimes we gotta tell about as the bandage or the heat leave me the whole me. For a of time we decided to you follow the plans in suffering from each other, upon the same rule so that we can Will you not into the thing the right way,

sure that he understands the concept before Mary. You should not share the same household Amerika. I couldn't miss active heard. You realize what Misha clear You said it is your step so well I'm a little circle, as must the sun legally, not my steps on back in a part of his life, the last two years. Ok, so his mother is your girlfriend yeah yeah. I'm late the madman. I appreciate that you gotta know how long have you been diagnosed, lady for life through you? Ok, our assessment, The thing for me, Maurice is Let me be honest with you our parents Dave included in November on. Please call me Dave now. Well, in the end that teammates life right, the parent,

always gonna be more excited about their future. There always me more The higher drive, then the kid, because that, seized their future and they know exactly where they are going and so for me I wish you the hard part is you're not with the child, every single, day you cannot develop some form of relationship with with him every single day. The only thing you can do is just Simply keep encouraging asking. Questions Jason, leading him down that way, but you can't force and you really can't even motivate em, Because you know in is that every single day, so without recommend doing gives his keep ask them hate how's it going with schools. Looking at. You know what he's saving for ignored our theme for car. That great ask them a lot of questions together. to engage. You the conversation. So when your work

change Anthony if he said to attain to Morrow said to this young man, I can see where you can be right back I know things from them. I'm old now and I can see if you did X Y injury and it me really excited for you, because I can see it so clearly and I would be honoured to help. You to walk with you, man, man to man, walk by your side and show you how to get to heights that you have no idea, but I can see that you can be there of a Meda and execute them right. There David ask him: pay Woody, let me make it out you. When we adopt Turkle, I'm excited. I know you can be a daughter. Let me help you there the right way, the quickest way and safest way, because I have not been a doctor, but I've I've learned a lot along my journey, and so here steps ago, when you can relate to the child on their level made them feel like they are concerned.

the near future, while your guiding them, they will be more excited to listen to you. Rather you being the pair in order set Parenting Europe and your situation, are we saying you need? A b c and Moorish don't bringing diagrams you stuff in their bring Anthony O Neill stuff in their cause Antonios way cooler. And what do you got waking man with death and don't give him dead free degree. Ok, I'll give you Anthony's book there, Grave attorney, Mondo, Anthony's, Youtube, yeah and term start watching Anthony we also watch and if you happen to gather and only talk about De Ramses Yoga, he don't know nothin and just Anthony School dude here the I'm serious because Anthony virtually change all over Amerika and the coup act or matters? It is and so you get allowed him to speak and an amnesty, oh god Yelena, but you don't show you you really getting get out get Anthony only dot com get to it. To cite subscribe start in the kid

young man, a males, hey! I saw this as I am to be talking about this. I thought you might like this ass. An let Anthony do some of the heavy lifting for you too, and I do it. I do I do it a lot of my Youtube Channel cadets. My passion, Maurice Allais, that's all free now, so I and so on, we're gonna, give you get free degree hold on Kelly I'll pick up and we'll get that for you. That's a great question: duration. I love the way that, obviously here living with young lady and shouted separate and say we're under this right, our model for the young man or my in an hour, do this than the right way of our work in your steps as adult adults or work in the plan so it's up a law, modeling Rachel, ices more caught and heart. What what he saw! you do is what are you gonna do more than what now But I say it is harder: Alex's in Oklahoma City. I Alex our EU aid. hey Anthony. How are you guys great? How can we help Greece?

Andrews com because of my wife- and I just got their describe our honeymoon world. Thank you. Thank you. Can my account today and we are running the department at the time being curly we bring about one fifteen, in my question, was all or revolves around money. Do the count savings account brokered poor a mortgage so ideally were, looking probably about two years could potentially be three I'm warning you hit fifty to sixty k to ensure point percent down on the house. You know since it in that grey area of the two to three and not ratify that you normally say is brokered accounts You know, embezzling good mutual funds is that it is right that we should take or should we just simply keep it in our.

now or maybe even go to the money market gal. Ok, which give straight to buying a house. Does that mean your hundred percent? That? Yes, I'm sorry, you have any Arnie. Have your emergency fund in place already ever emergency. You not We got a great start for twenty six point. You do you're killing. Ok! Now let me just make sure we clearly to the fifty six the is not including the emergency. Fine correct, that's gonna, be a salutary act for actual action, of american culture change forever. A few minutes ago, absolute noise. You got two to three years or wondered what three years, rather than three to five, do you take them? SK. I am recipe and often pay. Five hundred Giovanni or something like that. I went through the brokerage account, but never fool burgage.

Ouch, but a privileged dump it in one option b or a long term invested in mutual funds through much more vesture pro, but I think The differences about a ten percent wing and so on. About four five thousand dollars more you're gonna make or lose put this in an account. If you put this on a mutual fun, verses you're gonna make almost nothing but you're, not gonna, lose anything. If you stay with the money market show you guys can just look at that and say emotionally what can financially, you can take the risk, their not guaranteed you combine houses, nine calls you ll be able to buy a house either way. Right either

So, just a matter how what you wanna take the risk of a thousand husband, I'm taking a risk of this is that I branches

tar scripture, they saw a thirty five for his anger, lash only a moment, but his favour last a lifetime being may stay for the night, but rejoicing comes in the morning. Richard branch and said do not be embarrassed by your failures. Learn from them and stuff again Stacy's, whether in Houston, high welcome that IRAN's you should follow a what, Thank for taking my call. the boy I was just curious. You recommend that your baggage not be more than twenty five percent of your to, and just wondering that's the case would be, is actually more I'm twenty five and for us and the plundering that change the approach here, I play bill paying and paying down dead or displaced, making more cut back

I just wondered what you would suggest got less. Money has gone denying us. They pro trimming. Let time you pay out, but not much money left. So what percentage of your take on pay is your house payment. ah well take on the five thousand, mainly mortgages, roughly two thousand nineteen Mandarin. Hello you find out how you been living like that. We'll, probably that every four years later light up after working for company for twenty years and he had a drastic reduction in and pay with. You know that the current job, so we just glad to have a job basically like make the best of what it can do so. As you ve noticed your budgets tight right, yeah, that's the problem. I mean We are what we call house poor.

And show your house payment is Two thousand bucks and you're take on page five thousand right way, and so each forty percent is a right. No wonder Madonna by forty four forty percent of your take on pay is your house payment. So the problem is you don't have money to do anything else? That's that's the That's the only reason we give. The guideline is real. she'll be only invest for retirement for your courage, college, which we will save up at the next car, and you don't have any money by the time you to this budget. Should all go into this house, Am I missing something. No, we have. We have money in the bank and the other for one came a few other areas of things, phase and I'm taken apart

job and try to help supplement a little known, but I wonder if there is anything other than what I'm doing cue to try to rectify the situation that you would suggest and do you have to start earlier, Stacy and shit? I'm sorry do you have to stay in house I don't have the same house so happy. considered or have a conversation on eight may time to downsize until we can get back to our income, so we can Vienna LISA fear more comfortable situation. until we can get back on our feet. No, we haven't discussed that I can. I can I gathered and bringing up, and it's always a. Never I have nothing to try and inevitably here's the thing. It's not a problem. For ten months, right for you guys have not even been the end of the world over the last three year. She made it right, but eventually the strain will start to show up when you get

to buy a car or when something happens, and there's no savings or hear you, though your savings and it just their future? If you do written budget you get on every dollar and lay out your plan, you and your husband and look at it. Pay the house payment pay. The light, by some food. Just my left in this budget line to do it turned out that way you can. I know I know, but that's where we are today and unless we see his income or your income on a trajectory. Your household income on a trigger we're going up you're going The struggle strain and Anthony. is: is it worth it so amateur to and must do the budget should now the budget together with startling and say: ok, because arbitrary number winning just go. Oh you know at twenty six you're gonna go broke in a twenty five percent who take on pay. You can be just fine The point is that the more money going to the house less money.

for life, and life includes retirement, gone going. It records shaven, forgets college and includes vacations incur. commission replacement of cod, version couches and cancer things. It is very difficult to do that in the budget that you're giving me and I've done, but. for thirty years, iconic in my head instantaneously know what you're gonna find when you do what asking you to do and lay this out on paper acting Hidden ahead Dave, but then also had a conversation. Ok How much do you want to stay in the situation and is still in the house a good option? It may not be a good option. I dont know the full situation, but if it is a good option, they may have some equity they are, they can put back in the savings go by some of them smaller but more affordable for where they are now and then we d as your income goes back up, then you can make some adjustments

there are any of you should I look out at me. Ok, these three things are gonna happen and our incomes gonna go up in the next fourteen months. Then you stay used to if you like, the hell, yeah, that's not a problem. The point is if it's gonna stay pretty much stagnant in situation for the next five or ten years. You're gonna be a strain way that- whole reasoning behind his station. You guys can make that call a good question. We appreciate your this code is with us in Saint Louis Coty, How come the dimes high has neither the soul, I that you took my call. And four star I would like to say thank you, because I am a bit a year. Almost a week we got married in September last year, my life than I am on our honeymoon. We found out that she was effectively

her God, so we we spent this year as great did. It was with her not having a job, and I have a fluctuating recording, studio and ammunition. So this year with the interesting to say the least, four run out and go straight to your question. Sure? Ok! Well, we live in the recording studio that I am as our house ass on. We just finished babies to yesterday and I own a building in a worthless area that that I don't have much equity by building and we want to buy a house, preferably sooner or later Rather than later, do I look at my building as babies up to or kin Do I look at it as home? It's not home What is your name Cody? It isn't here your personal show. How many of you, I only have a seventy. From now on it and so a ban would have a business dead. That's what part that you personally sign for it, but it's real

stay right baby steps. Six item is like saying, the peace, a real estate move out of that, because, if not wormy my wife all live, Then you gotta say ok to keep the real estate or not and their patients tat your business. We probably gonna keep it it's probably sitting over there and baby step section years. Work it out that way. So work. It is if it's as if it's rather operating normal Ronald property, as it is, even if it even if it's even the upside down. As far as what I had a destiny, obviously it's worth less than what I can Now don't get over that fifteen year that what are you alone it today? Seventy seventy? What is it worth today, Maybe fifty cashier upside down today show them questioned, become separate from the original question. Is this? Do we keep a piece of real estate? That is failing ripe, and I doubt it you know:

suspect you can render studio and not twenty thousand dollars for that opportunity. If you can get the thing sold anywhere close to even and get out if things going to continue a downward slide. This is something not keep because of that not because of the dead and now because which baby steps in and not because you just got married and I could she lost her job is looking at this point. Real estate individually, in going it sucks. Yes, that's what it comes down to it. question. Congratulations all the steps you ve made and on your new marriage. Yes, congrats, very cool stuff, We have some pretty short collars today: real sharp collars Ross

and I was ok. They know the numbers and math and there were seeing some improvement Dave and some show that some to the to the penny too, who knew their mind to the pending the job, Anthony Pye for hang out that puts us hour of the day. Roundly show in the books will be back with you before you know it in the meantime, remember, there's ultimately only one way to financial peace and that's the walk daily with the Prince of rights to this is James Childs producer of the day Ramses. Once again, you made the day. Ramsay show one of the top floor. Most popular party have last year to get your daily doesnt motivating. Inspiration from the reins in our describe were followed today, wherever you listen, I have money, isn't the always going we talk about around here? Get life changing advice on your career, for my good friend and career expert can call on all my can com and show. According to a recent Gallup poll, nearly seventy percent of Americans are disengaged at work. If you dread going into work every Monday morning and you're just trying to make it to the weekend, you can call me show is for you, everyone has a sweet spot. You're sweet spot is at the intersection of your greatest talent in greatest passion. We will help you discover what it is you were born to do and then will help create a plan to make your dream job a reality. You matter and you have what it takes joined. The conversation on the CAN Coleman show here more from the Ramsay network, including the current common child, where ever you listened about gas. Hey it's James producer of the Dave Ramsay show this

so it is over but check the episode notes for links to products and services you ve heard about during this episode,