Logo
    Search

    The Best Calls of the Year So Far (Part 2)

    en-usSeptember 15, 2023

    Podcast Summary

    • Prioritize Debt Repayment over SavingsFocus on eliminating debt to build wealth effectively, then save and invest the remaining income.

      To build wealth effectively, focus on increasing your income and eliminating debt rather than relying solely on high-yield savings accounts. The example given was about a couple trying to decide between aggressively paying off a car loan or keeping some savings. While they were torn between the two, the advice was to prioritize paying off the debt as soon as possible and then build up their emergency fund and savings. The couple's high income should allow them to save several thousand dollars a month towards their goals. The historical evidence shows that people who have built wealth have done so by getting out of debt and avoiding it in the future.

    • Being aggressive with finances leads to faster wealth buildingAssess your financial situation, identify areas for improvement, and try new approaches to build wealth faster. Personalize your investment strategy based on interests and strengths.

      Being aggressive with your finances, such as building an emergency fund and saving for large expenses, can help you build wealth faster. However, it's important to assess your current financial situation and identify any areas where you're not content. Fear and hesitation are natural, but if you keep doing the same thing, you won't be happy with your results. It's important to try something different, even if it's uncomfortable. Dave Ramsey shared a wise investing advice given to Graham Stephan: instead of following a specific investment methodology, consider dividing your knowledge and expertise into percentages that reflect your personal interests and strengths. This approach can lead to a more effective and personalized investment strategy.

    • Invest in what you know and understandCalculated risks, gaining proficiency, determination, focus, action, learning from experience, and overcoming fear are keys to building wealth.

      It's important to invest in what you know and understand, rather than taking advice from those who may not have your best interests at heart. Alex Hermosa, a young entrepreneur and multi-millionaire, shared his personal journey from starting with nothing to amassing a fortune through business acquisitions. He emphasized the importance of taking calculated risks and gaining proficiency in a skill before diving in. Hermosa also highlighted the mindset of first-generation immigrants and how their determination and focus on success can be a powerful driving force. He encouraged listeners to take action, learn from experience, and not let fear hold them back. Overall, his message was one of hope and the belief that building wealth is possible with the right mindset and actions.

    • Investing in education and skills is valuableInvesting in education and skills can lead to high-paying jobs and significantly increase your lifetime earning potential

      Investing in your own education and skill set is the best investment you can make. According to Alex Vermoza, there are various skills that can lead to high-paying entry-level jobs. For instance, becoming a phlebotomist requires only a certification that costs $500, but it can triple one's income. Education is an investment that can never be taken away and compounds over time. As Alex's father demonstrated, having a medical degree allowed him to start over with nothing when he fled Iran. Education is valuable, usable, and utilitarian. It is an investment that can provide a solid foundation for future learning and higher earnings. So, always keep pre-investing in skills to raise your lifetime earning potential. Education may seem costly initially, but the returns are significant in the long run.

    • Investing in Airbnb with borrowed money: A risky propositionHidden costs, potential legal issues, and management challenges make running an Airbnb a full-time job. Build a solid financial foundation first.

      Investing in an Airbnb property with borrowed money, especially when you have no emergency fund, can be a risky endeavor. The internet may portray it as a source of passive income with huge profits, but the reality is far different. There are numerous hidden costs, potential legal issues, and management challenges that can make running an Airbnb a full-time job. It's crucial to consider the risks and hassles before making such a significant investment. Instead, focus on building a solid financial foundation, like an emergency fund, before exploring investment opportunities.

    • Running a high turnover Airbnb business comes with risks and hassleConsider becoming a traditional landlord instead, prioritize debt repayment, and ensure financial security with term life insurance

      While running a high turnover Airbnb rental business might seem appealing due to potential higher profits, it comes with significant hassle and risk. These risks include vacancy, non-payment, eviction, repairs, insurance, and taxes. Even if you make more money net net, the extra hassle level is real and dealing with human tenants can be challenging. Instead, consider paying cash for a normal rental property and becoming a landlord with proper knowledge and preparation. If you're a truck driver making $80,000 a year with $67,000 in debt, prioritize paying off your student loans and focus on living within your means. Remember, the least expected events can happen, and having term life insurance can provide peace of mind for you and your family.

    • Creating a zero-based budget for debt freedomAssign every dollar a name in a zero-based budget, eliminate unnecessary expenses, and live on a tight budget to pay off debts quickly and achieve financial freedom

      Creating a zero-based budget, assigning every dollar a name before the month begins, and living on a tight budget can help pay off debts quickly and achieve financial freedom. The speaker emphasizes the importance of careful planning and eliminating unnecessary expenses to make significant progress towards becoming debt-free. This approach can lead to a sense of peace and control over one's finances, even if the income is relatively high. Listeners are encouraged to sit down and create a budget before the next month begins to experience these benefits.

    • Maintaining Financial Stability While Paying Off a MortgageWhile focusing on mortgage payments can bring peace of mind, it's crucial to keep an emergency fund. Aim for at least 3-6 months of expenses saved before making large payments.

      Paying off a mortgage can bring peace of mind and financial freedom, but it's important not to drain your emergency fund in the process. The speaker recommends having at least three to six months of expenses saved before making large payments towards a mortgage. A caller named Timothy was considering using his entire emergency fund to pay off his mortgage, but after discussing his situation with the show's hosts, they advised him to reconsider and focus on rebuilding his emergency fund first. The hosts emphasized that while paying off a mortgage is a good goal, it's not an emergency, and it's important to maintain financial security. Another caller, Chelsea, shared her story of working towards debt freedom and considering purchasing a second home to be closer to her son. The hosts encouraged her to prioritize her emergency fund and consider other options before making a large real estate purchase. Overall, the discussion emphasized the importance of maintaining financial stability while working towards long-term goals.

    • Long-distance relationships and parenting add complexityConsider living together or finding alternatives to sustain long-distance relationships and parenting, especially during major life changes.

      Long-distance relationships and long-distance parenting, while possible, can be incredibly challenging, especially when combined with other major life changes such as financial instability and substance use recovery. The speaker expresses concern that the couple's current situation may be unsustainable and could potentially lead to further issues. They suggest that the couple should consider living together again or finding alternative solutions to be present for their child, rather than buying a second house and continuing to live apart. Ultimately, the speaker encourages the couple to address the underlying issues and make difficult decisions to create a more stable and sane living situation.

    • Fear of Spending Money Despite Financial FreedomRecognize and challenge fear of spending money by acknowledging current financial situation and understanding it won't drastically change your life. Address past emotional traumas related to money for financial peace.

      Personal financial well-being and mental health are deeply interconnected. The speaker, Chris, shared his experience of feeling guilty and fearful about spending money even after becoming debt-free. This fear, according to the show's co-host Jade Walsh, is a result of the body's memory of past financial struggles. To overcome this, Chris was advised to recognize and challenge the fear by acknowledging his current financial situation and the fact that spending a certain amount of money will not drastically change his life. The conversation also touched upon the importance of addressing past emotional traumas related to money and dealing with them to achieve financial peace.

    • Financial past impacts present emotionsRecognizing emotional responses to money as not based on current reality but past experiences can help navigate financial situations effectively.

      Our past financial experiences can significantly impact our present behavior and emotions towards money. The speaker shares how his wife's past experience of bankruptcy triggers fear and anger when he spends money in a way that seems impulsive or irresponsible to her. To avoid these emotional reactions, they have put in place specific processes as a sign of respect to each other. It's essential to recognize these emotional responses as not based on current reality but on past experiences and to differentiate between normal feelings and wounded feelings. In summary, understanding and acknowledging the emotional connections to our financial past can help us navigate our present financial situation more effectively.

    • Paying off debts: Smallest first or student loan?Pay off smallest debt first, like credit cards, then focus on larger debts, such as student loans, for faster debt elimination and eventual financial freedom

      Carrie is making significant progress in getting out of debt and improving her financial situation. She has a steady job with a good income, and she's been paying off her debts, including credit cards and student loans. She recently bought a house and has savings set aside. However, she's unsure about which debt to pay off first and is considering using a money market account to help with her financial plan. The expert advises her to pay off the smallest debt first, which would be her credit cards, and then focus on paying off her student loan. By doing this, she will be able to eliminate her debt and achieve financial freedom, even though it may take some time. Carrie has come a long way from her past struggles and is making courageous steps towards financial independence.

    • Carrie's Journey to Financial Freedom: Paying Off Debt and Improving CreditEffective budgeting and debt management lead to increased savings, improved credit, and financial independence. Using tools like the EveryDollar app can help prioritize spending and gain control over income.

      Effective budgeting and debt management are key to financial freedom and regaining control of one's life. Carrie, a caller on the Ramsey Show, shared her experience of paying off debt and seeing her credit score improve. She emphasized the importance of getting rid of debt to increase savings and make refinancing worthwhile. The conversation also touched on the correlation between financial control and domestic violence, emphasizing the significance of allowing partners to make financial decisions. The Ramsey team encouraged Carrie to attend Financial Peace University to gain more knowledge and confidence in managing her money. They also recommended using the EveryDollar app for budgeting, which allows users to prioritize spending and gain control over their income. Overall, the conversation underscored the importance of budgeting and financial literacy in achieving financial freedom and independence.

    • Assessing Real Estate Investments and Managing DebtFocus on building an emergency fund, aggressively paying down debt, and contributing to retirement savings to improve financial situation and manage risks in real estate investing.

      While having investments in real estate can be a viable wealth-building strategy, it's essential to assess the current situation and consider paying off mortgages faster to increase cash flow and reduce risk. The interviewees have substantial debt from mortgages on three properties, and while they love real estate, they currently lack sufficient cash flow and equity to generate significant returns. To improve their financial situation, they should focus on building an emergency fund, aggressively paying down debt, and contributing to retirement savings. These steps will help them better manage the risks and expenses associated with real estate investing while also increasing their overall financial security.

    • Building wealth takes intentional effort and active managementInvest in real estate with careful planning and active involvement, replace whole life insurance with term life and smart savings, avoid relying on quick-fix solutions, and seek expert advice for a solid financial foundation.

      Building wealth and securing your financial future requires intentional effort and active management, particularly when it comes to real estate and insurance. Real estate is often touted as passive income, but it demands active involvement and careful planning. Whole life insurance policies, despite common beliefs, are not good investments and are best replaced with term life insurance and smart savings and investment strategies. Don't rely on quick-fix solutions or social media for financial advice, and remember that insurance and investing are separate entities. Stay informed, be intentional, and seek expert advice to build a solid financial foundation.

    • Building wealth without relying on debt or creditRich people focus on getting out of debt to build wealth, not incurring more. Seek advice from financially stable individuals, not broke ones.

      Building credit through debt is a cycle that can lead to financial instability. The speaker, who has a net worth of several hundred million and no credit card, argues that rich people focus on getting out of debt to build wealth, not incurring more debt to improve their credit score. He shares examples of individuals who have obtained mortgages with zero credit scores through manual underwriting. The speaker warns against taking financial advice from broke individuals and encourages focusing on saving and getting out of debt rather than relying on credit to build wealth. He also emphasizes that the vast majority of the population lives paycheck to paycheck and is not financially stable, making it important to be cautious about who to seek financial advice from.

    • Marketing hype vs reality in MLMsBe cautious of marketing hype in MLMs, as it may not align with financial reality and could lead to financial instability

      While marketing messages can be persuasive, it's essential to critically evaluate their truthfulness. Credit cards, for instance, are heavily marketed and widely used, but can lead to significant debt. In the case of MLMs, some people become so invested that they disregard common sense and financial stability for the sake of the opportunity. It's crucial to remember that marketing hype doesn't always align with reality and to make informed decisions based on facts rather than emotions. In the specific situation presented, the wife's desire to join an MLM training course despite the financial strain and lack of profit in the past is a red flag for potential financial instability and should be approached with caution.

    • MLM actions can harm relationshipsPersonal greed in MLMs can lead to marital issues and cult-like behavior, emphasizing helping others over deceiving them is crucial.

      Pushing personal greed and disregarding the well-being of family and relationships in favor of an MLM dream can lead to serious issues and potentially the end of a marriage. This behavior can also be a power play or a sign of a cult mentality. It's important for individuals to consider the long-term consequences of their actions and ensure they are helping others rather than deceiving them. Additionally, the MLM culture itself can sometimes promote harmful practices, and it's crucial for businesses to prioritize helping people rather than profiting off their struggles.

    • Ethical business practices over profitsDave Ramsey emphasizes maintaining healthy marriages and financial stability, even if it means missing business opportunities, and encourages responsible financial decision-making and ethical business practices.

      Financial advisors, Dave Ramsey in particular, prioritize ethical business practices over potential profits. Ramsey expressed his disapproval of customers taking on significant debt or making financial decisions against their spouse's wishes to attend his events. He emphasized the importance of maintaining a healthy marriage and financial stability, even if it means missing out on a business opportunity. The discussion also touched on the idea of living within means and not encouraging excessive spending, especially among children. Additionally, Ramsey shared insights into alternative methods of generating income, such as renting out a camper on websites similar to Airbnb. Overall, the conversation highlighted the importance of responsible financial decision-making and ethical business practices.

    • Selling Unnecessary Items and Eliminating Debt for Financial FreedomSelling possessions and focusing on debt repayment led Madison's family to financial freedom within a year, with an emergency fund and down payment for a house.

      By selling unnecessary items and focusing on eliminating debt, Madison and her family could achieve financial freedom and peace of mind within a year. This includes selling the camper, car, and even their pets, while continuing to pay off their student and business loans. By simplifying their possessions and implementing a clear budget and plan, they could reach their goal of being debt-free with an emergency fund and a down payment for a house. This approach would not only bring financial relief but also mental clarity and control in their chaotic and cluttered life situation.

    • Consider renting before buying a new houseRenting allows individuals to stabilize income, gain market knowledge, and potentially make a more accurate real estate purchase in the future.

      While it may be tempting to use a large chunk of equity from the sale of a home to put towards a down payment on a new house, it may be wiser to hold off and rent instead. This approach allows individuals to stabilize their income, get a better understanding of the new market, and potentially make a more accurate and beneficial real estate purchase in the future. Even if friends or family members disagree, it's important to remember that everyone's financial situation is unique, and what works best will depend on individual circumstances. As Winston Churchill once said, "It is a mistake to try to look too far ahead. The chain of destiny can only be grasped one link at a time."

    • Consider adjusting lifestyle instead of taking on debtIt's generally wiser to save up for major expenses instead of taking on debt, as the long-term consequences of debt can outweigh the short-term benefits.

      While it may seem tempting to take on debt to fund education or other expenses, it's generally wiser to adjust your lifestyle and save up the funds instead. This was the advice given during a call on the Ramsey Show, where a listener expressed her concerns about paying for a nurse practitioner program and the potential impact on her savings and income. The show's host, Dave Ramsey, emphasized that the difference between having a smaller savings account and taking on debt is not as significant as it may seem, especially when considering the long-term consequences of debt. He encouraged the listener to consider reducing expenses and adjusting her lifestyle to cover the costs without borrowing money. The conversation underscores the importance of financial discipline and the potential benefits of saving up for major expenses rather than relying on debt.

    Recent Episodes from The Ramsey Show

    Fortune Favors Those Who Get Up and Go to Work

    Fortune Favors Those Who Get Up and Go to Work
    📱Download your Ramsey Network App today! George Kamel & Ken Coleman answer your questions and discuss: "I have a master's degree but can't get a job..." "Should I reduce my 401(k) to start an IRA?" "Sell my rental at a loss to pay off debt?" How Costco food prices are ignoring inflation, What does "Equity" actually mean? "How do I know which debt to pay off first?" Support Our Sponsors: MamaBear Legal Forms: mamabearlegalforms.com and use promo code RAMSEY to save 20% BetterHelp: betterhelp.com/Delony to get 10% off your first month Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. Health Trust Financial: Discover Top Health Insurance Plans, All in One Place. Yrefy: Call 844-2-RAMSEY or go to Yrefy.com/Ramsey Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! 🚢 The Live Like No One Else Cruise is booking fast! 🏠 Find a Ramsey Trusted Real Estate Agent ☂️ Protect yourself with the right coverage—take our coverage quiz! 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 12, 2024

    Quit Spending Like You’re in Congress!

    Quit Spending Like You’re in Congress!
    📱Download your Ramsey Network App today! Dave Ramsey & Jade Warshaw answer your questions and discuss: "Should we borrow money from my parents to buy a house?" "How should I use a $500k inheritance?" "We are buried in $240k in debt," "What does it actually mean to be broke?" "How much should I help my son's girlfriend?" Support Our Sponsors: Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. Health Trust Financial: Discover Top Health Insurance Plans, All in One Place. NetSuite: Free KPI checklist, visit netsuite.com/Ramsey  Christian Healthcare Ministries: Find out more at CHMinistries.org/budget Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! 🏠 How to Buy a Home Course ☂️ Protect yourself with the right coverage—take our coverage quiz! 🚢 The Live Like No One Else Cruise is booking fast! 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 11, 2024

    When Are You Going To Clean Up Your Financial Stupidity?

    When Are You Going To Clean Up Your Financial Stupidity?
    📱Download your Ramsey Network App for free today!   Dave Ramsey & George Kamel answer your questions and discuss: "We're $500k in debt; can we afford new-to-us cars?" "My in-laws are trying to leave us a timeshare..." "How do I invest and set myself up for the future?" "How should we buy a house from family?" "Should I pass on a generous 401(k) match?" Support Our Sponsors: Churchill Mortgage: Get started at ChurchillMortgage.com The Wellness Company: urgentcarekit.com/ramsey for 15% off medical emergency kit BetterHelp: betterhelp.com/Delony to get 10% off your first month Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! ☂️ Protect yourself with the right coverage—take our coverage quiz! 🚢 The Live Like No One Else Cruise is booking fast!  🏠Find a Ramsey Trusted Real Estate Agent 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 10, 2024

    Get Up Off Your Butt and Live Your Life!

    Get Up Off Your Butt and Live Your Life!
    📱Download your Ramsey Network App for free today!   Dave Ramsey & Ken Coleman answer your questions and discuss: "I have a decent job but can't afford my lifestyle," "How do I get out of the financial mess I'm in?" "Should I be worried about a lawsuit?" "We are drowning and my wife can't work," "What's the best way to save for a vehicle?" Support Our Sponsors: BetterHelp: betterhelp.com/Delony to get 10% off your first month Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. Health Trust Financial: Discover Top Health Insurance Plans, All in One Place. The Wellness Company: urgentcarekit.com/ramsey for 15% off medical emergency kit NetSuite: Free KPI checklist, visit netsuite.com/Ramsey  Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! 🚢 The Live Like No One Else Cruise is booking fast!  🏠 How to Buy a Home Course 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 09, 2024

    Freeing Up Your Income From Debt Will Build You Wealth

    Freeing Up Your Income From Debt Will Build You Wealth
    📱Download your Ramsey Network App for free today!   Dave Ramsey & Jade Warshaw answer your questions and discuss: "How do I convince my wife that we should buy a house?" The Debt Snowball vs. The Debt Avalanche, "My wife doesn't think her student loans are 'ours'," "I think my husband's family is ripping him off," "My grandmother offered to loan me $140K," "Should I keep putting money into my old car?" Support Our Sponsors: Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. MamaBear: mamabearlegalforms.com and use promo code RAMSEY to save 20% The Wellness Company: urgentcarekit.com/ramsey for 15% off medical emergency kit BetterHelp: betterhelp.com/Delony to get 10% off your first month Churchill Mortgage: Get started at ChurchillMortgage.com Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! 🏠 Find a Ramsey Trusted Real Estate Agent 💵 Start your free budget today. Download the EveryDollar app! 🚢 The Live Like No One Else Cruise is booking fast!  Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 08, 2024

    You Have To Change Your Habits To Change Your Life

    You Have To Change Your Habits To Change Your Life
    📱Download your Ramsey Network App for free today!   While we're out for the 4th of July, we've compiled some of our favorite Dave and George calls from the past year. Enjoy the long weekend and we'll be back with a live show soon! Dave Ramsey & George Kamel answer your questions and discuss: ‘I have a baby on the way and no money’ ‘How can I stop living paycheck to paycheck?’ ‘Husband's crazy ex is trying to steal our money’ Dave telling story about a caller who wanted to do a side-hustle full-time. ‘Husband and I disagree on budgeting’ ‘I have a 13-year-old payday loan’ Support Our Sponsors: BetterHelp: betterhelp.com/Delony to get 10% off your first month   Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. The Wellness Company: urgentcarekit.com/ramsey for 15% off medical emergency kit Health Trust Financial: Discover Top Health Insurance Plans, All in One Place. Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! 📚 Your summer reading list is here. Don’t miss these (cool) summer reads! Beat the heat with bestselling books that will make 2024 your best summer yet.  🏠 Find a Ramsey Trusted Real Estate Agent 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 05, 2024

    Spending Money You Don't Have Won't Help You Win

    Spending Money You Don't Have Won't Help You Win
    📱Download your Ramsey Network App for free today! While we're out for the 4th of July, we've compiled some of our favorite Dave and Jade calls from the past year. Enjoy the long weekend and we'll be back with a live show soon! Dave Ramsey & Jade Warshaw answer your questions and discuss: ‘Husband is spent $14K on phone games’ ‘Take out a loan to get by for the next two years?’ ‘I'm in a lawsuit with cofounders of my company’ ‘How can the FDIC insure everyone?’ ‘I want a divorce but cannot afford it.’ ‘Take out small loans to boost my credit score?’ Support Our Sponsors: NetSuite: Free KPI checklist, visit netsuite.com/Ramsey  Churchill: Get started at ChurchillMortgage.com Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. BetterHelp: betterhelp.com/Delony to get 10% off your first month Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! 💵 Start your free budget today. Download the EveryDollar app! 📚 Your summer reading list is here. Don’t miss these (cool) summer reads! Beat the heat with bestselling books that will make 2024 your best summer yet.  🏠 How to Buy a Home Course Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 04, 2024

    Make Decisions With the Future in Mind (Not the Present)

    Make Decisions With the Future in Mind (Not the Present)
    📱Download your Ramsey Network App for free today!   Dave Ramsey & Dr. John Delony answer your questions and discuss: "Should I feel this anxiety about buying a second home?" "My abusive dad is in control of my money," "My car died; should I take out a loan to replace it?" "My mom is taking advantage of my financially," "My girlfriend doesn't want to do premarital counseling" Support Our Sponsors: Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today. BetterHelp: betterhelp.com/Delony to get 10% off your first month NetSuite: Free KPI checklist, visit netsuite.com/Ramsey  Churchill Mortgage: Get started at ChurchillMortgage.com Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! 🏠 Find a Ramsey Trusted Real Estate Agent 💵 Start your free budget today. Download the EveryDollar app! 📚Teach Kids About Money!  Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 03, 2024

    When Are You Going To Clean Up Your Financial Stupidity?

    When Are You Going To Clean Up Your Financial Stupidity?
    📱Download your Ramsey Network App for free today!   Dave Ramsey & Dr. John Delony answer your questions and discuss: "How can I protect myself from my father-in-law?" "My car and insurance payment is $900/month," "Should I fire my financial advisor?" "Should I buy an investment property with my uncle?" "Our neighbors are ruining our backyard," "I don't want to keep sending money to my son..." Support Our Sponsors: The Wellness Company: urgentcarekit.com/ramsey for 15% off medical emergency kit Yrefy: Call 844-2-RAMSEY or go to Yrefy.com/Ramsey Health Trust Financial: Discover Top Health Insurance Plans, All in One Place. Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today.  Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! 📚 Teach Kids About Money!  🏠 Find a Ramsey Trusted Real Estate Agent 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 02, 2024

    What To Do When Family Behaves Badly

    What To Do When Family Behaves Badly
    📱Download your Ramsey Network App for free today!   Dave Ramsey & Dr. John Delony answer your questions and discuss: "Can my mother-in-law take away a trust?" "Should I take a year off from work to get a degree?" "Can we be gazelle intense about paying off our home?" "How can I develop a spirit of contentment?" "Should I talk my husband out of buying a car?" "How do I ask my dad to pay what he owes me?" Support Our Sponsors: Christian Healthcare Ministries: Find out more at CHMinistries.org/budget Zander Insurance: Go to zander.com or call 800-356-4282 for a fast and easy quote today.  BetterHelp: betterhelp.com/Delony to get 10% off your first month   The Wellness Company: twc.health/ramsey for 15% off medical emergency kit Health Trust Financial: Health Trust Financial: Discover Top Health Insurance Plans, All in One Place. Next Steps 🏠 Find a Trusted Real Estate Agent 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ☎️ Share your thoughts on The Ramsey Show & more! 💵 Start your free budget today. Download the EveryDollar app! 📚 Teach Kids About Money!  🏠 Find a Ramsey Trusted Real Estate Agent Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy
    The Ramsey Show
    en-usJuly 01, 2024

    Related Episodes

    From Grocery Store to FI – Dan Warren

    From Grocery Store to FI – Dan Warren
    Today we discussed Financial Independence with Dan Warren, who worked his way to FI by saving income from his job at a grocery store, and eventually investing it into student rental properties. Dan started working at a grocery store in 1996 with a high school education, began investing in real estate in 2005, scaled his …

    The Queens of Side Hustles! – Barb

    The Queens of Side Hustles! – Barb
    Today we discussed Financial Independence with Barb – she had some amazing stories to share, and was a big inspiration to us in regards to the value of creating multiple streams of income, and turning your passions into successful businesses through hard (and smart) work. Check out Barb’s story!

    Building Nest Eggs Around the World – With the “Expat Dad”

    Building Nest Eggs Around the World – With the “Expat Dad”
    Aaron, the “Expat Dad”, is practicing “lean FIRE” in Singapore, showing people that you can reach financial independence and also raise a family. After being born in the USA, he spent time living in Australia, Indonesia, and all over the world, all the while building a nest egg in each respective country. Aaron has a …

    F-You Money, Mini Retirements, and Traveling the World

    F-You Money, Mini Retirements, and Traveling the World
    Today we discussed mini-retirements with another fellow member, Tom Forsythe! Tom recently returned from a 6-month mini-retirement that was spent traveling the world. For those not interested purely delayed gratification – mini-retirements might be the answer, and Tom has quite an experience to share. Passive income and the concept of “F-You” money can allow you …