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Ramsey Everyday Millionaires

Can I Afford a $80K Tesla?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.83.6K Ratings

🗓️ 10 March 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget!   Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible!   Next Steps: 💰Need help with your investments? Connect with a SmartVestor Pro: (SmartVestor Investing Professionals ) #PaidEndorsement   📝Get your free copy of Ramsey’s Complete Guide to Investing: (Ramsey's Complete Guide to Investing)   🏦Take a retirement assessment to find out how much you’ll need to retire: (Retire Inspired with the R:IQ Retirement Assessment)   📈See how much your investments could be worth over time with this handy calculator: (Investment Calculator)   🧑‍💻Explore free investing tools, articles and more on the Ramsey Investing Hub: (Ramsey Investing Tools and Resources)   Listen to more from Ramsey Network 🎙️ The Ramsey Show  🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership 💸 The Ramsey Show Highlights   Learn more about your ad choices.    Ramsey Solutions Privacy Policy

Transcript

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0:00.0

This episode is brought to you by SmartVester.

0:08.0

Connect with an investing pro near you at ramsysolutions.com slash smartvester.

0:13.8

Brian is with us in San Antonio, Texas.

0:17.0

Hey, Brian, welcome to the Ramsey show.

0:19.0

Hello, Ramsey team.

0:20.0

It's a pleasure.

0:20.9

Pleasure, sir.

0:21.7

How can we help?

0:22.7

Well, I just wanted y'all's take on making sure I'm not crazy and considering an $80,000

0:29.6

new car, a Tesla Model S.

0:33.0

Cool.

0:33.6

Nice car.

0:35.1

Yes, sir.

0:35.8

All right, so what do you make?

0:37.3

Well, I make $360,000 a year. Cool. Nice car. Yes, sir. All right. So what do you make? Well, I make $360,000 a year.

0:40.8

Cool. What's your net worth?

0:42.7

I've got, uh, without the house included.

0:46.6

No, house is part of your net worth. What's your net worth?

0:49.5

Okay.

0:50.1

Uh, about $1.2 million.

0:52.1

All right. You got the cash to pay cash for it?

0:54.9

I do.

...

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