I am sure we shall Ramses were dead, is down casual gaming in the pay of mortgage, has taken the place of the Bmw status symbol of jobs. They ran to your host begging for joining US amount, not an underground aloni by selling author and hosted the doktor. John DOE only show Ramsay Personality is my fellows today, as we answer your questions about your life, your money, your relationships and your work. We're here for all of that,

on the Rams Asia Roy is whether in Morristown New Jersey to start the hour off. I Roy what's up. I guess thank you. So much for taking a cough sought, I'm a bit of a pickle, I'm a forty three year old immigrant I have a college education just grudging high school. I was for the longest time self employed and number two, nineteen, I lost my business then another kid they now the war then I find myself tonight. Four hundred four thousand dollars in that without any sucks, Benny income and wood a card that Ireland that child support that. Encourage see any choice, but just not sure where to start this. By on shore a man you ve been through hell

yeah you're right now. Aren't you where'd, you sure my word you emigrate from here. You know where angel Israel, ok ok? What kind of a business did you have? on the small business. Why would, by the second hand, phone line on from a company called lifestyle that did apples, logistics, Allenby limit my office. I would separate them custom. Another wisdom and resell them, and why did that not work? I was grateful but eight near you learn. I got an email from my under from vice first thing that takes the Durban: stop telling me product because they, Simon Exclusive contract with one by competitors for Europe, only one customer. Money lender correctly, which was much reliable because it was made equally everything,

would return to the apple store or the all night. I got it right back to the logistics the only the tenable my market. How did you come upon the opportunity? Germany Certainly the format, this year alone, to a lot of research, energy, star trade shows working. I stand by star. well and it worked for a while. That's interesting, yea, years ago. I saw a kind of debt is the four hundred and forty four soul dollar? Seventy thousand your credit card dead, we're looking at, two thousand neo. I saw TAT. I was basically its capital gains tax. I started Thus, did you two weeks? Aren't you because my arm

my job at twenty nineteen. I sold out of my portfolio later what other two hundred or three hundred thousand dollars. perhaps my biggest loans from the SBA Hammer four hundred and two hundred and twenty eight, eleven have occurred, support order from the judge and jury. My divorce five hundred thousand. Might then he did Much will have to be other like six months before the pretty soon, It was a lovely day. One! That's backdrops report. Like you, I wouldn't worry bachelor related retroactive. Yes, like ours, I was in order to pay one budget. Baby did ordered me to feel any said: okay, Womack seven months, you got a dollar amount and not a percentage not quite but you have no job, no income right now Try a crying left and right arm My issuing one. Imagine that I

How much money just for support need to find a job activity over a hundred and twenty thousand year nor college education. It. Let us ask. No. What you need is a lawyer yeah, because most childs report is based on your income, not a set fixed amount and you need to go back before the judge and explained, and that for this is what I'm making nothing and when I do get a job, your american begin and will set the percentage by law, because every state does this by percentages. Would you somethin did you, Something? That's us, that's a stout amount or are you making Jesse was my combining a ton of money before you lost your business now know some big. we want to judge, went off ass. My watch attorney was very sorry and convince you to judge that the capital gains How did I was talking? Twenty nineteen was twenty, fifty thousand dollars and the shooting twenty twenty one, twenty two twenty thousand dollars to sheep

if the judge I was making a quarter million out of here, I'm not sure how they judged to another, it's really capital gains and earned income, but that's pretty much money went off your attorney shoved, Annie. I need a new one and you do need to go back in there and reset this cause. It's not you have to you can't not is number one, it doesn't work, you can't pay money and Two you can be kept set your career at Bay, stone. Your child support. You shut your child support up based on your career, and so that is not your income, and so you ve got a good night that that's a side issue the rest of the stuff still sitting there. and you do need to go, make some money your best shot, though it making money, is not going in getting a job, its funding. The next opportunity could you are you an eye for things? Even I for business driven entrepreneurial ability the waning you screwed up in your business model. Was you depend on one singular from her one singular vendor for everything and that gave them

The power to put you out of business. That's a lack of diversification. You don't want do that. You need a building. this model out? That has many many vendors and many many customers, and that with one of them go sideways, it doesn't shut you down it. It just is an outrage and so that's gonna be your play for you start talking about how Europe is that we have to talk how we get income, so you can go get a job. If you want to that's fine and then you go get before the judge again or different judge and with a dick the and get these numbers receptor. a reasonable man, I'm not about people, not paying jobs or pay transport, but yours pay the amount that, as a percentage of your income, not some mythical. number. This is the pretty bizarre, and So if you like, you made one mistake: marketing dean and then you'd bar. To my to try to cover that mistaken. You bought some more might occur. Those mistakes and so man we ve gotta, get to where we

we have what we fall, then we justice of love will keep on it on a path moving forward. We don't just keep piling on these mistakes and the next time you stop your business. I dare you started with casually runaway cash. Not with that cuz your some sum of Europe, a card that, in your sb alone, had to do with your start up, and some of it has to do with drawn hang on after you crashed and so the Johns so you ve gotta, you guess, I'm I'm. I'm swearing off of debt for start up and was wearing off of debt for survival says it got been through what the point when you look in the mirror and saves bankruptcy right for me when you get I don't have any other way and there stood alone. some fixes situation because the day, if he's, if he has a road that row income right and you got- you have seven damn gesture, we gotta go, we're gonna fix it and the child support not by reputable, and neither is the Irish. Certainly where they would be bankrupting honest and without putting on all the aspects is bankrupt.

or road. You ve got a lot on your played a job, your home. I'm your marriage and your growing family. While you are enjoying the present, you can't help but think about your future and your finances as you explore your options. Consider christian healthcare ministries or c h, M for your health care. They're generous maternity programme and budget friendly monthly programmes have been a blessing to members welcoming children into their families. Visit C h, ministries, DOT, Org, slash budget to see if its right for you Christian Healthcare minutes.

Greece is a Randy trusted provider light for joining us. My luggage of recall, Doktor, John Bologna Branch personality is like a today. Tanya is with Estonia is in. I told you, how are you Why are you what's up nothing? I would call the clouds, then died in November and the world?

died showed for he had died. Who had been with me? That's a long time to actual before he had died. They depart thousand in an arm chair, pay on aren't allowed but when he died, I had to move in with my brother, I'm wondering should I be striving to it my own place right now. or should I continue paying on our debts, but we might go from shore saucer we'll have what I went on to it he was fighting. Drug addiction was cooking and on weird, He would want to go, run off and get high. He would get violent with me began to a fight, and then he left,

gotta hold you drugs that have that? No one knows it and I'm so sorry. How do you have before you and me, your kids? no, I had two children under a lot of tragedy Noncolor oil lamp My first child died in two thousand and twelve. My second child died in two thousand and thirteen. Ok, the baby steps are a process for prosperity. Building wealth and so on, right now. I can't, either from you, and I'm not worried about that.

I wanna get where I breathe again. First city show or are you working? Do you have a career I give you a pickle out for you. Got me too, and I have put down that destroy door, dash title! That's what I do now have you been doing that I thought you don't own. A bird came out. Those identified health go, but I've been doing kind now that timber one meeting him down into it Depending on how I working, I like go, join with the fact that I didn't get a good but usual, They were between eight took out large week.

What do you want to be doing two years from now and three years from now five years from now. Three years from now, I would like to add my own place. Have a nice little cushioned where I don't have to worry about. You know my Corbett known. Breathing again, like they said five. From now, Ah, I don't really know five years from now, is that only now. Well,

what I would concentrate on right now is the basic necessities of life, food, shelter, clothing, transportation, police and so that it, Are you getting your own place? huge rush on that, because but your door dashing in your making between forty and fifty thousand dollars a year. What you're telling me and you should be able to run a budget on that you're living. You should you alone with your brother right and charging you read anything I can live with your three kids grow dogs. Was there any life insurance or any money that was left over? no you know we only had. Are thousand hours in the bank, and I pay check that would come about following who paid for the funeral. I was called.

there is a whole bunch of different people has been going on with it Everybody wants money and I had my get it done. Hooker, much or by the girl. I'm sorry What I would tell you do is right now, let's yeah, let's, let's much debt, do you have I bet you only nine hundred thirty nine hundred on Amazon Card founded on the call back on your desk. Emily ones might be true one carried out. One came down below that fifty five dollars lived an early arrest without a thousand get the petty lenders out of your life and never set foot on that, placing an ogre there completely con artists, thirst game?

You got a five hundred per year and then you need to get the Irish cleaned up as soon as you can and then I want you to pile up cash and get you get your little apartment. Ok, let's set up house and the much good work and began to. I guess you begin clean. These debts up, I don't know, they wouldn't food. Shelter, clothing, transportation, inutility survival is first so in ability is furnished, ok, a payday Lindore being gone irish being gone part of that, and then you ve got a little inexpensive, little apartment and you're, making forty or fifty thousand dollars a year. and arm. Then you begin to work on your long term, money goals and work in the baby steps and you need to you need to begin to work on your long term. Career gulls, send your copy of coalmines book. Healing and you're getting ring breathe again, That's going to read that cause! I don't want you

or dashing as your full time job when your fifty grand If it's not it's a wonderful thing right now, you're making decent money working you off, but you're making. Money and you can survive on it, but it's not. I don't think that long term play. Is it No I've always to open up while liking him? I had them all more talking to a real at her about the people that we used to have we get like twenty five thousand dollars and Christmas that every year, so we were gonna use that this year to put down down payment, and I was open up a dog can afford anger doll, then down, but you Foster, handle it any temporarily and others. You start to have some goals. think about something that makes your heart beat again and door. Like your heart, beat it puts money, put food on the table, Pussy electric bell, but your heart rate

that's what we want, and for a while ago, an earlier question. So hang on I'll. Have the gas pick up and give you a coffee cans book, but I think foremost, she gonna take care. You, you ve, been through Hale, ok, Not unless you have a girl, I mean you got. Did you got you? You got the crowd knocked out of here. And you're carrying around a lot so tat, the folks have been close to me in my life. It We're in relationship with somebody was a cocaine, attic. I need you to hear me directly. Ok, you're worth loved and you will be well worth being safe. Do you believe that. I need you to hear me now. I'm work day stage and you're worth be well and you worth being love.

And it's been a long long time since that they felt that the right people her addicted to go gainer, the heart of the weather in love with powder and nothing else, and so they won't show you any love, and it's been a long time since you felt that and then get the abandonment to go with it. So what a mess I'm so sorry! I don't know what with you were here. If you need some help, you call back in time

This is our ambition, so this is the time of year when everyone start setting goals going to the jam waiting, smoking losing weight good for you, but watch equally important is making sure your family is taken care of by having term If insurance look covered all the excuses and I'm telling you it's not expensive, it's not good. located- and you need to do this right now so stop Whatever you're doing Ngos Anders website right now and get family protected. It's an absolute must

so they dont worry. Ramsay personality is my Golos. Today's Davers weathers in Austin Texas, says on my screen, your bet Fraser. What's up hey Billy Day, good management, you buy off point six thousand cool. How long does it take tunnels, sixteen months good and your range of income during that time I'm I believe, though, that exceed five up to about over ninety. What do you do for a living? I'm a sorcerer were recruited from attack. I thought you said a sorcerer like suing weapon

When they get. Let we just you stepped into Harry Potter. Well, does not come ashore, sir. Ok, ok, and I can't go anywhere at thirty. Six source are no, are you say they as well, but I d up: ok shop, they, forty six thousand, and that what kind of that was that yeah. All of you are now that the most of it was my sea alone that believer thirty. Five thousand would ensue alone. German was my by vehicle co? How are you twenties? yeah. So what happened sixteen months ago, the woke you up plug you into this Ramsay stuff yeah coded the really. What happened I gotta scared strata, now those really. What have they done? Denies

and all tat had just getting a guideline. No gonna happy in your browser leave my job through every reason and yeah. I just gotta get closer working at home and tireless nobody Pike had an acute I came on, came upon the degree of I've ever degree for alone. Anthony O Neil while the changed, my life really does seem to bear severe show. and then just one were guided. No, I had money saved up, although the havoc tat does not like say dog and, he are. You really ought to do with it, and now all she listened to her to show in the park ass, edges, parity and respected in the arm. I really don't my journey by not now about nine thousand first minded and any disrepute darting we might then Tom

no parent has paid off as soon as possible. They did a great job. Man, congratulations! you gonna get your ear, a professional, you ve, you have actually done it. It's not a theory you paid for Six thousand dollars a sixteen months. Tell people what the key to getting out of debt is. I've been to me, I'm by road, the style, but the talking like a dog really need help me get through it, always one just the budget multiplayer. How much knows come in and how much we going out there really did you better there saying a bike? Where are you the priorities. You money, It's all your first name, realising the UK to say no to your friends, are gonna be there love you all law, respect for it. You understand you and what you doing you're sixteen want somebody one sixteen year, yeah yeah, yeah great regret. I got my thunder that time, I guess, and alas, being wishes

Many goals is always having as a goal in mind that in the barn or a quarter would hire you wanna measure it out, but the others those remind biased three they do they. Can you help me you'll, see about it ain't there are excellent Axel. Well done good good job man? How does it feel to be free, you don't get details with us. I didn't go The idea that we know what that was, the really didn't like, even when I got to school, I e to alone, does as dead nobody really dug until it is yeah. I know I'm just not me besides, we are lacking on my planet personal videos, my family tat become, There are a young age now shifts Upon that in making well again really changing. You know myself and hear my future must feature family.

cement proudly brother well Don T prove very proud of it excellent work, absolutely fabulous, fabulous, fabulous, good, good, good, good we got copy baby steps millionaires for you. That's the next chapter in your story for sure, and so we want you're gone now and Gotten rid of this that you go ahead and build some wealth and be outrageously generous in the process, and you are set to do that and you got a good career field. Your and you'll be able to do a lot with their key killing Dragon Sosa, though sorcerer make good money. Supple downloaded a mile and dragons, and finding crystals and stuff remain shut up. John, my gosh, I'm gonna crack up a novel, get back from it. So I now here's what we're gonna? Do you get

That were also goes: ginger, goblins, horrible impact overbook for you to give away and disturb someone else's life and in a good way, and so were proud of you. Man, I'd staff, counted out forty six thousand dollars by opposites thirteen months making sick deep Ninety? Let's era, that bridge grew two three, I'm Debray, I wasn't Austria was it a stray knows it every statements like I did it but you're cool your hip and Austin? Well, Maybe a city where basic areas in his office or maybe that's us sure, that's hears. It is wizard in class. I couldn't t allowed not fit My goodness gracious open phones triple eight, eight to five five, two to five, you jump and we'll talk about your life in your money. Tat season is upon us

I know, trotted container excitement nobody likes doing their taxes, my taxes, Eightam, especially when you realise that big software companies, and if you ve, been doing your when those overcoming you find out what up to every year they lower you answer, you can file for free within when your knee deep in the falling process that sucker patch punch you with up charge loan offers credit card pitches and all other distracts thou just try to my taxes, there's a better way to do it it's called Ramsay Smart taxes, our online tax filing software. with Ramsey Smart tax. You can get all the deductions, all the forms and every tax break you deserve. The best part is the price, ours is already much lower than the leading competitor, and you won't have any hidden fees and there won't be. cross sales or promotions reading, pushing you into doing something stupid with

with your money in your life. Don't do that? No, so here's the thing we approach code that I'll make it free to follow your federal taxes, grandly solutions, dotcom slice, smart tax to get the promo code, an FAO without the surprises, Ramsay solutions, dot, com, sledge, smart Tax and we'll get you they are without a doubt so good stuff. So here's the thing It is interesting for those of you listening that Some of you have what everyone has starting point because of their up bringing their area of the country, their family lineage. their race, creed, color, national origin, drama trauma, everybody, from starting point, and so, someone like staff and he says you're. A big part of this is the boy.

through here is on the first one of my family Muff aren't even relaunched alone. That was really dead. That's it! That's a starting point. And other people are gone already, knew all this stuff from. You have a really good starting point where you already are way Ed and all you need to do now, get disgusted and do it and go do it that way. You gotta get your, but indeed, get yet some action going. You know, and others of you we know you can do it because other people started way. You don't. You have watch known it like a race in the back yard. When you were a kid, a head start, then, when you get to win doesn't mean you know, but you do have a head start cause you got. You actually know things your family I taught you things, you know

you knew this was stupid, but you did stupid anyway. That's a head start here I had started, but just to discover the idea that this is actually death starting back. There was yet that's a pretty any remaining this for this fast, every living thing they're, so one run fund this,

the rams. You share our view that I met you, a gene, twenty four, where two or three or gathered in my name there I am with knowing colors alone. We can do so little together. We can do so much

Lindsey, is whether, since I Louis High Lindsey welcomed the Ramsay Sharp economic my pleasure, what's up my husband and I own five brindle properties and for of them have lunch. Had a positive cash. each month and it's not income that we rely on currently, but we hope, to be financially independent, and then that would be are income monthly, stop working. What is the time lag out on all of them? Have you told them all up At a hundred and five thousand that pays off all of the properties can be bought them pretty. Well shows that when these are inexpensive properties, then there single family home that are worthwhile each that they would be worth anywhere from probably fifty to seventy five thousand. There are small town, like this,

like this, like number families, Avonlea yeah, five thousand, with a mortgage jeez, so wash your household income, right now we ve at the beginning of twenty two. He may have both left our jobs and became anything contract with So do contractionary. Mowing Mary, though it all that somewhere around police, only five thousand okra and what do you own your personal residents as nothing and you're dead free, except for the hundred and five thousand hooker and your question is how to pay them off or window pay them all for should you keep them, are all right it's all I do is. I would just treat them like a hundred dollars to London. Let's get rid of it, crush it Well, you know, I think, you're gonna pay it often like three years, but I apple, and then you have the whole portfolio free. Here

Not we are we previously just kind of what those private business take care that doesn't have been That really put any of what we consider our personal money towards them up what I ve been knows the agenda it is all personal about in personally liable on these mortgages right you need to pay off? Yet, let's get paid off and because here, what's gonna happen, how much money then gonna, be able to policies ranch and by another property with cash and in the by another property, with cash and not by another property with cash, and that's what I've done, then, you gonna run small town, Lindsey, Lindsey Landlord at my tat, my town, the landlord. just call me the landlord like it. I like this is great, I'm proud of you, fine thank you shall draw site how far out outside of Saint Louis are you,

I was the bad and our own. Nor can it be reveal the name, the small town. I don't love, you do a small town. But here we have. The properties in his belief is what Only the anonymous very ya know it. Well, ok, fully worked out, over by Troy right. You're too? There were my mom's from over there. Ok, why don't doing what cool. That's great farming. Here. It is what it is Find a fun fun, fun arrive or let's do it, get it get it here. You're you're, amazing Falada calls Evan had five mortgages with a hundred grand tell ya. That's an over your answer and oil by me on the and it's been a long time since we are talking about a house for some five thousand dollars either, but I used to item for a lot less than that, but back in the day, but cheap houses, but more as a long time ago, and

and they were really cheap houses, though these aren't about how to Caesar Great little houses is what these are. not tiny houses. Little house sorrows whether some dim her hey. Sarah welcome the Rams issue. SARA Ray there. sorry about that so much for having me. How can we help either? Yeah I just started the Financial Peace University, which has been great, though far, I've. to pass that babies one and a man, baby statue hip and my question very here and aroused. But my question is this: the debts now I'm having a hard time, reconciling meant only because I'm dealing with a couple, lab factors being back. I have seven credit cards at zero percent interest and once the balance

no the total balance is gonna, be somewhere on Gaza, How come I had, maybe fifteen and what your household income? income is about eighty two, and what do you do for a living? I just started before they suffer engineer. August switched Joe now is able to manage asking of it better than rate question that software engineer would ask so that's perfect, so where's s what we have figured out, because I would have asked the same question on financial background. And it didn't mean that cause the debt snowballs, not mathematically correct. When you pay, smallest largest, regardless of interest rate, does not mathematically. Correct mathematically. Correct would be to pay off the highest interest rate first, the apple and trade pigs where JANET other people start calling it here,

for the national Ball was famous, some character came up with the avalanche, but anyway, but the other, that the concept doesn't work with the avalanche and the reason it doesnt work is personal. Finance is more behavior, Then it is my off its eighty percent behaviour. Twenty percent knowledge. If you try to fix behavior your problem with math you're gonna struggle, but you can fix math with a behavior change. And so the reason I'm telling you all, that is that the human heart AIDS to see traction, in your world. We call it game, a fad, show the debt, snowball is game of hide your game, a fine yourself when you pay if the little one, regardless of the interest rate you're, have occurred pushed egg portion a title portion incremental goal that gives you home, This is actually going to freaking work now when you pay out the next, when you go a little bit more excitement when you pal

actually get a bit more time when you pay off about four or five of these things are six of these things in a snowball, starched role. Regardless interest rates you get so think an excited and believing and hope filled and New York blinders only used are sacrificing deeper and your price, whereas accelerates and approach ability of getting out of debt and the speed at which you get out of debt is even or with additional Bolivar, Lodge mathematically incorrect and has been several studies actually done, that prove that, by the way yeah I mean. I think the biggest thing for me is that my students, that has been the absolute bane of my existence around you, my play him on it's gone away. It's all born one kind of want to hang out there to just keep their fire going anxiously. has not at it, but get just get really mad at this whole thing and go on We ve been these mosquitoes under the sweeping mosquitoes, sadly stupid, little credit cards, so I can just draw back empty.

this third in the nose baby, I'm all smack it visceral and when you Can I get that stuff going and instead of getting on? Instead of trying to mathematically analyze this, that's when you're gonna have more success and that's cool from a guy who's, a map nerd, math got you serve in credit cards to begin with the ensuing loaned, you are trying to win the zero percent game and you say that one of the best here's a future of you pass, not always, but it is a good it's a good baseline. You ve tried. I given it hasn't, worked to suggest some defy or try something different. If some, if a year from now you are worse off than Europe, then change in remedy was correct. there you go, you have to live on their own, but yes, Europe me like it's. It's I hear people at the beginning of the year. Colino call my shoulder.

Lose weight or fix their marriage and wish you we're gonna go about your work. You do something!

Our frontier is don't work, change a recipe Everett getting chocolate cake and which are dangerous to change. There is a risk we may have different views on different doing the same thing. Over and over night you can't you see a different definition of insanity job and allowing thanks running and out of Gaza, both great job. Today I am diagrams your notion, we'll be back with you before you know it in the meantime. Remember, there's ultimately only one way to financial peace and that's the walk daily with the Prince of Peace Prize Jesus have a friend or family member the needs of daily dose of Ramsay advice in their life. Let them know about the Ramsay call the day, podcast its point of advice about life and money in under ten minutes check out the Ramsay call today, podcast wherever you listen about money, isn't the only thing we talk about around here: get life, changing advice on your career for my good friend and career expert, in common all makin 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, can Coleman 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 com and show hear more from the Ramsay network, including the current common child, where ever you listen defied, guess AIDS. James producer

The rams issue. This episode is over the check the episode