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The Ramsey Show

Don't Let Subscriptions Own You (Hour 1)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 2 June 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

George Kamel & Jade Warshaw answer your questions and discuss: "Should I quit van life and sell my van to use as a down payment?", Jade & George share their monthly subscriptions and how they budget for them, from the website: 5-Minute Coverage Checkup How to save for retirement when self-employed, from the blog: 5 Investing Options for Self-Employed People "I have major storm damage to my house from a landslide and don't know if I should finance the repairs," "I'm $80k in debt and feel completely lost on how to get out of this," How to know if you should quit a commission job if you're not making enough income. Support Our Sponsor: NetSuite BetterHelp Zander Insurance Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Join a Personality-led FPU class. Click here! Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Interested in advertising on The Ramsey Show? https://ter.li/s64ye3 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0

MUSIC

0:30.0

Live from the headquarters of Ramsey Solutions broadcasting from the pods moving and storage studio, it's the Ramsey show where we help people build wealth, do work that they love and create amazing relationships.

0:42.0

Our Ramsey Personality George Campbell joined by the incandescent, Jade Warshaw, this hour, and we are so excited to take your calls at AAA8255225.

0:54.0

This is a show about you, your life, your money, your struggles, your success, and we want to celebrate with you, we want to cheer you on, we want to encourage you, we want to give you some hope.

1:03.0

And Jade, I've had about 17,000 people DM me with in-depth financial questions and I go, call the Ramsey show. I wish I could sit here all day long and ignore my family at night and answer all these, but it's so much easier to talk to you guys.

1:17.0

So please call in, we love the DMs, but this is the right format to get through it. I'm so glad you brought that up because I feel so bad, it's too many to answer.

1:26.0

It hurts my heart, I wish I could hurt every single one. But I had a post-go viral on TikTok last week. Of course you did, George!

1:33.0

Over 10 million views, it was a clip from this show. I took a call from a 19-year-old who wanted to make a million dollars by the time he was 26.

1:40.0

Okay. And so now all these 19-year-olds are messaging me, I want to build wealth too. How much should I have in crypto and I'm like, okay, call the show, we'll walk you through this.

1:49.0

So there you go. Triple 8, 825, 5225, I'm Yoda, that makes you Obi-Wan, I don't know.

1:56.0

What's the cake? What's that guy?

2:00.0

That, I don't know what that was, but I think what you're trying to get at was Chubaka.

2:04.0

Wukies? Wukies?

2:07.0

Is that right? I was waiting for one of the nerds in the booth to help me out, but they left us all hanging. So we'll just get to the phone.

2:12.0

I've never seen the movies, so I feel like I'm really winning out like right now.

2:15.0

It's time. All right, we're going to start off with Ethan and Austin. What's up, Ethan? How's it going?

2:19.0

Hey guys, appreciate you taking my call.

2:22.0

Sure. How can we help?

2:24.0

Yeah, my question is regarding whether I should sell my van that I currently live in, kind of an RV for a down payment on a home.

2:36.0

Oh, okay, so you're done with the RV life for now. You want to settle down?

2:41.0

Well, not necessarily. I'm curious whether I should sell it or go into an apartment with my buddy and then either, you know, kind of rent out the van or to just living it during the winners.

2:53.0

So the options are I could sell it and rent somewhere or I could sell it use that as a down payment and buy a house.

...

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