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The Ramsey Show Highlights

Am I Being Too Stingy?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 23 December 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Today's episode features Ken Coleman & Rachel Cruze. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. 💸 Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.0

Hartford, Connecticut is where George is hanging out. George, how can we help?

0:10.0

Hey, how are you doing, Ken and Rachel? So I, you know, consider me and my wife right now pretty well.

0:20.0

But however, you know, with the economy in today are right now pretty well off, but however, you know,

0:21.3

with the economy in today's stage, I'm being a very frugal person or someone call it being cheap.

0:28.9

My wife is the kind of person where she would prefer to take a big vacation every year.

0:34.4

When I say big vacation, we're talking about like probably like $6,000, $7,000.

0:39.8

And I'm the kind of person, you know, I can't go 10, 15 years without taking a vacation.

0:45.9

Right. So, and I just want to know, in my financial state right now, should I be able to,

0:50.9

or should I be a little loose with my, um, you know, my money or should I

0:57.2

keep the way I have been doing it?

0:59.0

Sure.

0:59.4

Okay.

0:59.7

A couple quick questions for us.

1:01.2

So, yeah.

1:02.4

So you said you guys are well off.

1:04.0

What does that mean?

1:04.7

Give us your financial picture.

1:06.9

Okay.

1:07.5

So I wrote on some of the numbers.

1:09.8

So right now we have a combined income of a $210,000,

1:13.6

mind you that's in Connecticut. And we have a combined of retirement saving that's between 401k and Roth ROTF IRA between the two of us of $315,000.

...

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