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waters of RAM Cecily broadcasting would oligarchy rental studios. It's the rams or matters. Dom gauges came off just taking the place of the Bmw status symbol of children's day. Ramsay, your host, you jump in we'll talk about your life in your money, Michael O. Today, Christie Right Rams, your personality number one by selling author launching her second best selling book in pre sale. That's a prediction! two weeks ago, it's called take back your time: the guilt free guide to life balance

If you won't talk about life, life balance money, that's what we're here for It's a free call. Some say they advice is worth exactly what you pay for it, the vulnerable, crippling eight to five. five, two to five four Those were those of fire drill, North Carolina Forest, our you Dave and thirsty. He cannot under talk. You guys, you sure. What's up so I'm twenty five now just started my first job after cod, I have no student loans blow critic I have three grand in the bank and three grand a single stock? and I'm looking to proposed much omnific another and I'm looking at you moving in living with her in I question ways: what would you a man when planning to purchase. engagement ring, starting save for a wedding in that big two years from now, and what would be a recommendation for investment

because I really have done any at the moment. I'm gonna go one remark about sixty thousand here. Put your potential fiance make she'll be high school teacher, so admirable Between thirty and forty two start out with you, don't show like a hundred household income when you're married right, yes, lookin. Well, there's couple rules with them. Engagements and weddings are really important, no gang Dave so and they can both get emotional and people get stupid around what they spend on. Both things show here's a couple, a guidelines for you to think about. censure, gummy, saving up for the wedding cheaper the wedding, the sooner the date now makes sense, not make sense,

because I heard you say two years because it was gonna. Take that long to save the money when didn't think that longer run down to the justice of the peace by Saturday it is true. I wasn't gonna suggests that I'm just saying that those ratio here that Creeper the wedding, the faster it occurs, ok now make so far, if your mark here, I would say, don't wait two years. So that you don't move in together before marriage, dont, shack, I had a time and logical this planet inexpensive wedding, but a nice wedding and love get married in five or six months if your market, that's what I would tell you now then down under the engagement ring a good rule of thumb. The jewelry stores tell you three months of your income and thus as they sell jewelry.

so good rule is one month of income maximum so sweet skip four thousand three does not a ring match, because at your take on pay. Which, by the way I get you real dad got married. Sharon's was eleven hundred and sixty four dollars thirty nine years later. It still work in good time. you make a fixed. We lost of American, make you scare from where it aren't you gonna blow to applaud the other families like you killed about dreams. Are here you ll? Ok, what were you thinking of spending on around? we think in terms of between three and by how can no more of the same wearing the same ballpark? You aren't gonna go crazy because there is no correlation between the size of the diamond and the success of the marriage is a matter of.

There might be an inverse correlation at some point. Ok Meaning that you, if a large rock, is required the size of a headline. This is probably not The girl of your dreams, but I'm sick girl, view nightmares, but why they are so that, if such a requirement, so I think you got your own track there, and so don't listen. We're Talkin term Grand here gets this whole puppy done, and then you move on with other stuff, but in the meantime, these things are top of the line. What do you think russian gas I think that only the thing out our question is forest figure, what you're, what your monthly expenses are and just make sure that you keep some savings for your emergency fund. When you're may I got. I want you to drain your three thousand dollars and a savings count for the ring and not have any savings. This is on top of your savings. Yeah you cash other stock and staff sugars. Groundwork! Wait! You need about ten ending The EU can be met by Christmas with Ten thousand our wedding, our three thousand, not a ring if budgets one holding.

Budgets. What's holding up the gown or I don't know if it is, but that's what I'm about our desire that you said Two years very definitively word that two years come from adult. Let him put words in your eye path. If it's not money, tell us, you just be honest forest where we work and with here what two years ago. Me personally, I want to be able to actually it was her a little bit before I actually marry her and spend the rest of my life. This is there's a woman is not shoes. you're the trauma and see if they fit you know you're though, but yeah, that the actual statistical correlation between people, the shack up before getting married verses. Those that down the there is very, a detailed research on that and

others that it increases the success ratio in your marriage. Your marriage dying together to not do that, and so it that there's data data over its highest tons of pieces of research on this, and yet, though there are more people live together American Day without marriage than marriage. What and when you, when you move in together, it can often be really hard met, not moved in together when we got married, and it was hard of your using. That is your litmus test determined if you want to marry her, that's good! That's either! You may change around that she could be the one, but it was a hard first. Six months does what he called the in that way. I mean you have some dangerous thing wrong with you, the truth. I know you know you dont load the dishwasher. That way that first, I urge squeeze rural understand, but the mean we ve been married. Thirty nine year assurances we had twenty five good years, America under slander, Rosa that's farther equation. You do what you under brother, we're here to help you in love you and tell you the truth and tell you what we believe

and these are. These. Are this advice comes from point of caring and it comes from data. data research and It comes showed the average wearing an American based twenty eight thousand for those of you listening. Average household income is right about sixty, so people are spending about fifty percent of their household income on average on their wedding. That's the average! Now that's a lot! That's a lot shot to say twenty eight thousand. Our wedding is evil, but spent over half your annual income. You be over average and that's a double lot. So

that lots of our team members twentysomethings alter this building get married for ten grand and that's really nice le weddings. That's people spend a lot more than that, including some rams. You girls, but we had the money so there's that there was a really big deal before its ear and then afterwards it doesn't filling his big video when you're married you got depravity were claiming that causes right now. The organizer Ladys were found in all the stuff. From thirty years ago, more than twenty years ago, ten years ago, the kids weddings, our wedding glass No, it's easy to put off taking care of something like life insurance, but now more than ever, you have a responsibility to your family, get it done terms fraid of recently dropped and its action easier to get coverage now, with many companies are offering to skip the medical exams. If you don't have life insurance or not enough, you need to step up. Take care of this.

And let the team of Zander Insurance help gotta zander dot com or call eight hundred three five. Six forty to eighty two Christy Wright, Ramsey Personality is my co host today, open phones, a eight hundred and eighty eight eight thousand two hundred and fifty five to five I feel like no matter what you do or how hard you work. He can't get ahead. You feel like a rat trapped and we'll run, run, run, run, run, run, run, run, run, get nowhere. I remember that failing its exhausting stressful, sometimes even terrifying, but you know what you don't live like that if you get sick and tired of being sick and tired than you can decide, you can say I've had it. I'm not gonna live like this, any more than you

Ready to commit to a new plan finance apiece university is the step by step plan that shelved millions and millions of millions of people not only pay off that not only learn to work together if they're married not only take control but also become wealthy. and you combine that with a premium version of the every dollar budgeting tool. The world's best budgeting app and you will make price Aggress right away, and it's only available through membership of rain three blush decide the data the cycle of living paycheck to this month only were taking thirty dollars off the price of the twelve month membership and you can start free trial of Ramsay plus today by texting trial to thirty three seven. Eighty nine. This is but leave ugly inexpensive down text trial. two three three seven eight, nine Germans and finally, Ohio High Jim welcomed. The Ramsay show

I gave a day hey. What's up. Well, I am a conundrum. So back in November I was laid off from my job as many years due to coded. They will find another job. I started in the January. Unfortunately was an indifferent state. So I am, I get in high school, I wasn't gonna move them during the school year I moved out family. Your cut our last letting her eyes you move down, and you have done your phone cut up. Try again, I'm sorry about that. Tell you I moved down and the rest of the family is going to join me after the school year started. Dad I came down. We looked her house We're gonna be movie,

We put a contract on the house to be built in the end up put down sixty thousand hours are not the only exception, so you have the money saved me earlier, so everything is good. a few more launched, the job did not work out Serbia. The principle were decided. This Why is working together? No, I haven't no John knew TAT her home. currently a house and I M account for. Then I checked out of- to tell the house that we are going. we, in order to us too, I tell you this more unusual what to do at this point, because

ended. Mortgage providers yelled at auction. Due to hold onto a house for over a year Why did the principle that all them, no longer that doesn't that thou own affect anything? That's just that damage. you're not turn into a rental, is all you promised to be owner occupied, but you're discuss. Shall it if you have to click it is a contract not contingent upon financing. Well, the contract worth contingent upon being able to show that you could get fired me, and I did less able to show that because we were making all that My mortgage providers at Yale under these circumstances, were not rested in love in silence. we have to find a new way of violence in this now onto the builder. Are we ve tried? We try to get them to take it back Dolly the same power.

Sure, forty thousand dollars one they paid us. On a new and better building now Why wouldn't I wanted my back, I wouldn't know goodbye darling. I don't know I don't I've actually had a lawyer who work with them to try to get them back in there, just not dodgy as your attorney analyzed you're contingency. Removed due to you having financing approved that is now no longer approved. It seems to me that that should be out in the contract. Thirdly, I looked at it in the old. We basically had that contingency when you signed the contract. he's unsure, thirty or so, the question is: do we lose the sixty thousand part of it yeah. You know. The other thing you can do is this: what are you

do flaps a thousand years ago, I would often seller house than I had under contract. Before I closed on it. And then have a double lowering the last about five minutes. So aren't you get a good realtor and put the house on the market? Now and put on the market, a market for what you paid for it which is forty thousand, are cheaper than the builders William undercut the builder who wouldn't I was too stupid to take it back. If the builder allowing this house back, I, I agree. I dont understand that myself, the only time solution is that technically based, no only Anna, let us, as were owners in contract, where you are not a lot of harry, you can create a whole new email, ass, a real estate. drink, enlist anything Agnes listed and say: hey this house's up for sale,

it's ok, it's lino construction date to be completed, acts and by the way, forty thousand dollars cheaper than the builders shown the exact same model, for I think you're, buyer and shot market and get somebody to buy it and close it one and a half seconds after you do and that funds it took. alright, you're out I'll, let you do any appeal real show them. The other states think that's what you need to do in your attorney needs to get his crap together struggle against a contingency clause to cause, I think, you're out, but I could be wrong mark that's a good idea, but adopt a flip like that crap but you don't ten thousand more new paid for Michael O money for all this trouble. Still thirty thousand was built or sell it for, and you know and and and let them pick out there I know colours and stuff. But then pick it up and they can still customize it at this stage, while we don't know whence completed completion date, but yeah that and in this hot market, you probably could do that

You might actually make some money on this will be weird but yeah while wide its yeah that that's why you have contingencies in contracts. If you can by a lot of stuff cash, no contingencies. But I wanna do you what I'm doing that using you, weren't gonna deal on that you paid retail, so Are you need anymore, wiggle, Roman, that retail deal? But now you go so interesting situation. Jonathan in New York City hide Jonathan. What's up in your world I didn t see thank you to my car shots so I recently accepted a new job, I'm just your background? I'm an accountant The also letter stated that I can't perform any business activities outside of my employment. However, in a capitalist experience I can invite you

side also over the old earn. Some income outside of Meda view too, and I was wondering Now- but my options are what's the: why, behind that. Was the. Why, behind you, I'm not sure you accusing under part of another caviar. I should come first, I think it would be a bad luck to ask it. this especially calendar sighing and employ night. I think, from their perspective, Their thinking is that they want me to give my full energy and attention to the job. They want any jobs that are gonna compete with their time as well as I can PETE from my energy, from spending my weekends working? In fact, in my work programme, inciting. That's probably lighted with that. also letter. When did you start I start next, Monday

you should have thought all this for you accepted this offer son. I think you've done a deal. Thank you go over and you go to work. and you don't workshop job because actual that's what you gave them was your word on that I agree with is pretty constructive, but that's what you signed up for show you, the don't, take the job or Take the job with the terms that you took it on, and then you could ask, maybe in six months, if you want to watch, you felt reputation, they're gonna,

pressure, I Ramsay Personality is Michael O. Today, Jonathan Jamie are on the line in Idaho. falls, and it says on my screen: you guys are dead free, congratulations, Thank you. You love love and how much of you paid off a hundred and twenty thousand in five years. saw a new range of income. During that time, I started out around sixty and then wrapped around one hundred excellent nihilism. they'll do for a living Mama like licensed architect. Nay, or a university online mocha, chewing gum or garden It was a hundred and twenty thousand

another reason for this. Is that all you guys? How old are you guys? Thirty, seven pretty by a couple of windows. Cobbler has, what's she everything to be silly place? You can call. So my call you weird near glad you like. Thank you. Thank you. So, what's Ashworth it's why food sector around three hundred. Now you love. I love you. I love what in the world happen to you guys cause you to do all this Oh, I would say we ve always then first like raised up pretty budget ponchas, something new, but really it was just. someone sharing of your plan it is by cave I'd. Think in order first,

Golden Canada vision we wanted for our lives. We had the had the good this out of the way now we'll we both when who undergrad and grab called mostly their free before we kind of had a plan. We we end up taking out Boulogne spur one semester which We are pretty powder and we ended up country. Snowball effect without really knowing we were doing a snowball effect because it was such a tiny, tiny talent, wind, buying our first house, and we had some amazing friends, Emma Michel, who thought they were talking. Jonathan his canoe. They had the similar community that you need a tune in to the show, and he cannot an Android but the in kind of got me commits go so, and shown before we know it were colouring squares house on the refrigerator having

it's lovely salary on anything. They learn coloring in the squares like I'm off more than we did, that is called so that I am more say in the picture of the house where the colors on Youtube is that I saw two hundred twenty squares. It's actually we started it we started that wanted a hundred, because we end up selling our first house and we we gonna, go down that was right about five year. Mark really, ok, we're around a hundred less to buckle in and so yeah. just like that you're out white ago ended up. Do in the last we made about the last sixty thousand and last year's can lower, We were looking at her. There was a trifling said, Caleb and like wild no, it's like really cool and ass an opportunity. The heavens an architect, though, he's thou. Like we dislike property.

we kept looking at it, but then we this bears this. Well, there is tat, you know your voice, in the back of her head the lagoon. Should you go into doubt for this cool indefinite property or said we just knocked the market doubtfully? actually have freedom the cash for an investment property later yeah yeah yeah This is so cool what're. You tell people the key to getting out of that. If he wrote, I would say, like big together and then said the goals and then just buckle down and grind it out that that's the keys from my perspective, because we really we had to be work and working together in an order of

on the grind of it. The daily grind dude mean to have that vision that go out there of something you're going towards and working working together. Can we make a good point? Does a lot of times people call and they ask you, know some way to fast track and give cancer like a grind, especially when you're doing the house. What kept you guys motivated for five years of this Stick with it, listening to other people story with huge like knowing that it was a possibility, because I mean you know. The weird thing comes back like everyone here, just gonna be in debt. You know the third year mortgage and just like being period people stories and really going ok, but we could actually get out there, and you know that novel. Examples that people who don't think it's possible That motivates us just just keep him that this thing tapped into the listening, I'm just work in the plan because that gap

he's gonna, write and beans, dinners at Hamley, listening to the deputies gains in working towards that? I just kept us go on get this, go on ethical and now thirty, seven years old in other payment and the stinkin world, your own, your house, one hundred percent. work is how does it feel manage sir, I just feel so good as an entirely sunken, but just there really are later it's a lot later tat S. True, because that's heavy heavy when you set it down. I feel lighter. That's exactly sir, and even just idea, like the word free that free but like there's, a freedom within your spirit, there's a freedom in a likeness to your life. When you don't have that over your head. Well done you guys that amazing, you and it's it's crazy, like this cat keeping going when older, probably some picture

hold up higher in the last month, two year old broke her leg. I tried guide smacked in front of our eyes in total old and over the candidate, keep on with what we knew we needed to do. We were still able to have to deal with crazy and evolved Now we see the barefoot over the year over the grass with one of the cash. That's perfect. Yet the longer you back yard, with no shoes on it, feels different when you own it. Are you guys that well done well done? Well done we're gonna copy the legacy journey for you, chapter in your story for sure you are going to are and have a choice. Your family tree change your legacy white ago. You guys antics. the total money make over to give away. So many people there were watching over your shoulder watching what you're doing or entry Maybe you can. I pray one of them into the game and change their life. So

What are you guys were very very proud of year, Ramsay Jonathan end Jamie one of the three kids names in ages he's a dash. His vixen velvet is you all right and a cash alike, our eye Jonathan Jamie, all over dash welder one twenty thousand paid off and five years, they're dead, free at thirty seven house and everything these where people in Idaho falls make an sixty to one hundred counted down. Let's hear a debt, Skype this is how it is done. This is never gets old. Here's what people to understand because they haven't had the

pleasure of sitting in the sheet for thirty years there are thirty. Seven, in the next twenty years by the town there, fifty seven Not only do they have the ability, mathematically to now invest the equivalent of a house payment which is tens of millions of dollars over twenty to thirty years. But here's what happens his career path, will be different, because now he can make choices. And has margin, and he can work every wants to work when he wants to work, and he will make more money because of that because he not forced to day in a place costs Friday's coming and I got bills when you trapped, you don't become a prosperous. as you do, when you're free and sheep,

It's what you leave out some of you when you're. Looking at this equation and you're saying I can invest too many major by then I won't pay off my mortgage and pay off your mortgage israeli state, but now you're really stupid when you say that, because you'll understand what freedom does to every aspect of your life, your marriage else here relates unsymmetrical bills will be lower. When you don't have this in your life, they just set down a wait when you don't have to carry that weight change

where's your eye, Ramsay Personality, is my co host today. More feel her second number one best seller its own pre, say all right. Then I'll call take back your time. The guilt free guide to balanced living. Is how to properly address the whole subject of balance, are used on sale, now, Ramsay solutions at twenty dollars and includes a hundred hundred fifty dollars worth of other items as well so be sure, and All of that out, you don't want to miss out. Take back your time and here's the thing. Are also going to be doing alive. Then we can. We push nano women while we

but we are ex really know. We have a quiz which, where we do have a question and this quizzes gonna help you uncover the route of why you fill out of balance in the first place, it's called. Why am I so busy? Why do I feel so busy? You can text Busy Bee westward two three three: seven: eight nine free free and find out what's the route. Eyes of why you feel out of balance in that's gonna help. You know what to do about, but Dave we are actually doing it. it's on September, sixteenth and you get a ticket to that of it. When you by your copy of book and priests. I saw you wait till it launches. Then you don't get that that goods that are above the bonus. I e book audio books, all that but September sixteenth, two days after buck launch- I take it tat event. If you bite and precept so go home get caught, because we do have an event coming up now

because I'm on that event as there are, I hope- you'll be there just remind me- also might do my job timber is something almost every day it's over, it's gonna be a wild wild month. That's just one of the wild elements of that, not so yeah September. Sixteen, and if you want, I, they free quiz text busy too thirty three seven. Eighty nine Elena is Witherspoon Helen Montana, High Olano, how're, you I I what's up. some guy might have been his employer accompany, went public, and so we ve been trying to figure out what to do with our views. The stock he's been paid over the last five and a half years, and also He has the opportunity to purchase stock options, verges on. thinking a lot about the cap powders. What's the best way

Do that, obviously having bunch a single stock is not something are comfortable with. Also we have different no trading period is about that were colored vice. I guess you have how long does it anyway? But we should maybe do that well for you. restrictive stock units and are one of the restrictions on it on I'm sorry, I'm expecting that question is: are we trade right now? The period will be open here in two weeks or so, and then each quarter, things like they'll be a period of time after numbers are they are now in a very large one year, waiting period or if it was your authority pass that

Yet we know that the period that initial public period we will be passed here and about how we can have smoker and then the other periods will just be between quarters as were waiting for whatever they they like to deal with that. Well, they don't want a bunch of employees dumping on a newly public company right before they announce earnings and cause a dip in stock, because people- scared. All employees are all dump on it, and so they tip because no restrict you're you're unit on an initial public offering for a year. That's not unusual and up until numbers are released, each quarter so much the numbers are released than you. Then you selling stock won't affect stock price and that's Are they search, not an unreasonable thing, so, what's of this work that you currently own

So we currently have about thirty five thousand dollars worth that has been held for over a year and what is your home, causing for less than a year mature household in Bonn? add. Between a hundred hundred twenty thousand depending on bonuses, how much did you have more telling your house none good? What's the owner half two hundred and twenty nine thousand and you're putting fifteen percent of your income away and retirement and by be stopped for or not, yes, we were definitely on bees the floor and then we get borrow into our emergency accounts, but we do have a little bit pay back into our emergency out, but not enough that we have taken and stopped that's at Cambridge, show you. I remember how that pay back soon, yeah yeah. and you're getting past that good,

So if you're working our baby steps than you know, four five and six or simultaneous for fifteen percent of your income into retirement, five kids Ouch Sixers pay off browser like answer, I'm using everything and get my hands on the pay off our early and so ass, though stock units, because available on cashing, I'm amount I'm putting them on the house, asked as I possibly can. As far as buying stock options in the company. That's basically all fifteen percent off detail right, I'm- and the number is my had been gave me word- that it would cost us about twenty seven thousand to buy the option than they would be worth a hundred and forty thousand, though I guess pretty close, that what you're saying now that follow More than what I'm saying, that's a lot better: the other. What I'm saying fifteen percent over a reduction price in gas sounds like the sounds like you're buying at it at ten or fifteen cents on the dollar,

got some legitimate options. There is well here's this and you can roll those options without investing in a cab shooting you sell em and that that like that's going to make you net You say two hundred and thirty over twenty seven Mckenna paragraph one hundred and forty over twenty seven yeah, there's gonna be another hundred and thousand, on top of the thirty five that you guys were about to get your house paid off kiddo yeah creevy there should be sought all ok, Joe and begin a do. We want to try to hold on to it for a year ago, you know fell it as in its ok, though I deal with the prices gonna do I won't trade, the opportune for this business that your husbands and I have no idea what it is to make lot more money, we'll be free, you got plans. He had time to play games with me.

the flag options and single stock ownership. Later after your free, completely answer Mega Hunter forty thousand hours a year, but you're sitting on a hundred and thirty hundreds. Without large, where the stock Are you gonna? Do movement of one year's income? screwing around with your and single stock? Now you may Hey do all this stuff and look back and stock double in value, and you go that day rapidly loved it dad got. Mine now what's your house bite off in here But you can do what you want. I that's how we work the baby steps right now and it's interesting to you, because I think that when you, when you asked course not loud, and you start to do the math. It becomes so much more clear because having that money that is sitting there, you can be putting. towards the house, the thirty five thousand and I'm never hurt. You talk about a guess not as much about the company stocks, but I think that's a good question. Does anybody that's in a company that has that option needs to know what to do with and what to put it towards most publicly traded?

but he stock options are standard, employ stock, Partridge, theirs their standard, just fifteen percent off that which is not enough to mass, whether now, because, if you look the fifty two week I read through weak low they, go up and down more than fifteen percent. Are all company stock single sucks? Yes, and there s a second it's a com. Its stock in a single company is world is show, and these this is a national public offering an ip, oh means its cut tremendous upside if it could be, it could be a real go go, but it's got tremendous downside to write the most volatile, organic with brand new combination brand new look publicly trading company. But we all it's like fishing stories. You only here about the ones that you got into the boat, the old man here about the days that you shut up there in the sun and got nothing but a sunburn. Yes, and are you caught nothing and so the Gaza do

p o and it goes completely belly up and they make almost nothing honor, they lose half of their money. Then You those stories when you with your golfing body, long brag about those your fishing body right show, but but all that to say I'm not taking all the risk when you make one hundred and thirty thousand dollars a year, and you have one hundred and forty thousand dollars sitting in your plate

your house, there are or move towards by an obligation that puts us our the Ramsay show in the books. Thanks to Christie right, my co host James Childs producer Daniels or associate this phone Springer I'm day peremptory, we'll be back. Did you know you can listen to the Ramsay, showing your smart speaker just tell her legs, Google assistant we're SIRI way. The Ramsay show podcast checking all Ramsay Network shows on your smart dialogue, you're in a rut and living life just going through the motions, build confidence in your cell and learn to trust the God who created you check out the Christie Right show where Christie inspires you break through your limitations and create the life. Your browser live, pale and cresty right. You know it so easy to feel stuck. You live life just going through the motions of doing this is doing laundry carpal lines and a whole list of commitments that bring you no joy. We live like that. That's why I want you to check out the Christie Right, so each episode will help you felt competence in yourself and the guy that creating dear more from the Ramsay network, including Christie, righteous wherever you listened, applaud, catch, hey it's James,

do of the Ramsay Show, this episode is over the checking episode notes for links to products and services you heard about during this episode, thanks for listening,