Building Wealth Is Simple (But Not Easy)
The Ramsey Show
Ramsey Network
4.5 • 38.5K Ratings
🗓️ 5 March 2026
⏱️ 127 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
| 0:13.0 | Normal is broke and common sense is weird, so we're here to help you transform your life from the ramsie |
| 0:24.0 | network and the fair winds credit union studios this is the ramsie show rachel cruz number one |
| 0:29.8 | bestselling author ramsie personality co-host of the smart money happy hour my daughter is my |
| 0:35.0 | co-host today open phones at at AAA 825-5-2-2-25. Thanks for joining us, |
| 0:42.4 | everybody. Steve is with us in Cleveland. Hi, Steve. How are you? I'm doing well. How are you? |
| 0:49.0 | Better than I deserve. What's up? Hey, yes, I took out some loans for my business last year, totaling about $90,000. |
| 0:59.4 | And I am unable to afford the payments now, of course. |
| 1:04.1 | Went through the slow season being that we are in the deck and carpentry business. |
| 1:11.3 | And so that was pre-taxing on funds. |
| 1:15.7 | And so I'm looking to join a debt consolidation program here that will reduce my weekly |
| 1:21.2 | payments $2,400 down to $1,200. |
| 1:24.4 | I'd like to do that, but my wife asked me to call you. So here I am. |
| 1:30.6 | Okay. So, you... Oh, man. What a motivation costy. Yeah. So you borrowed $90,000 for what? |
| 1:40.3 | The deck business. I was looking to scale it. And you didn't? |
| 1:48.8 | No, going into the slow season here, we did not. |
| 1:51.5 | Well, I mean, you knew it was a slow season when you borrowed the $90,000. |
| 1:54.2 | Yes, that's correct. |
| 1:59.6 | I intended to spend that money on marketing, doing some home shows, |
| 2:01.8 | upping our marketing budget through that time, bringing on a salesperson, just ramping up the sales and kind of muscling through |
| 2:09.9 | the slow season with still bringing in revenue, but the weekly payments were just more than |
| 2:16.8 | what we could handle. |
... |
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