Build Wealth Faster by Understanding Opportunity Cost
The Ramsey Show
Ramsey Network
4.5 • 38.5K Ratings
🗓️ 10 March 2026
⏱️ 127 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
| 0:14.8 | Normal is broke and common sense is weird, so we're here to help you transform your life. |
| 0:21.4 | From the Ramsey Network and the Fair Winds Credit Union Studio, this is The Ramsey Show. |
| 0:26.7 | Open phones here at AAA 8255-225. |
| 0:31.5 | It's a free call, and some say the advice is worth exactly what you pay for it. |
| 0:35.8 | Ken Coleman, Ramsey, personality, number one, bestselling author, |
| 0:38.9 | and host of the Uber popular front row seat interview show on the Ramsey Networks. He's my co-host |
| 0:45.3 | today as we take your calls and your questions. Thank you for being here. Ray starts us off today. Hi, Ray. How are |
| 0:53.1 | you? I'm doing fantastic, Dave. |
| 0:55.9 | How are you? Better than I deserve. What's up? First off, it's an honor to talk to you. |
| 1:02.3 | Me and my wife found you back in January. We both read the Total Money Makeover. And actually, |
| 1:07.9 | this Friday, we drove to town and sold my my dirt bike and with that check we'll be |
| 1:14.4 | able to pay off our auto loan and be debt free wow look at you man game on we're yeah we're |
| 1:21.8 | excited um my question today though is about our family business. So I'm a third-generation farmer. I'm |
| 1:30.9 | 27 years old, and we have had a tough couple years on the farm. We've racked up about $2 million |
| 1:37.8 | of debt these past two years. And we see things getting better in the future. So we'll hopefully be making more |
| 1:45.6 | money, you know, markets and all the other factors going into that. But we've had to do a lot of |
| 1:52.5 | deferring updating equipment and a lot of other things to make it buy this to this far. And so my |
| 1:58.8 | question is, how do we, from this point on, be debt-free, but also |
| 2:03.5 | trying to not go back to going into debt in the future when things get tough again. |
| 2:11.2 | Wow. Two million dollars of losses in two years? Yes. So I guess I should say we, last year we made about |
| 2:23.4 | 12 million in revenue. And, you know, milk markets is our main exposure to price risk. We milk |
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