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The Ramsey Show

Escape the Gravitational Pull of Stupid

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 4 January 2024

⏱️ 116 minutes

🧾️ Download transcript

Summary

Dave Ramsey & Ken Coleman answer your questions and discuss: "Where should we be saving after selling a house?" "Should we continue working for family?" "Should I repair or replace my totaled car?" "How do we start a business without debt?" What it means that mortgage rates are dropping, "How do I build wealth as a teacher?" "I feel discouraged about money," "What's the best way to become a pilot?" "Saving for a ring while paying off debt," "What is considered a 'good income'?" "How much house can we afford?" "I don't want to be a sugar mama," "How do I pick the right career?" "Struggling with spending after paying off debt" Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Support Our Sponsors: Churchill Mortgage Zander Insurance BetterHelp Neighborly Have more money and less stress with George Kamel's NEW book, Breaking Free From Broke! Want a plan for your money? Find out where to start: Click Here Listen to all The Ramsey Network podcasts: Click Here Interested in advertising on The Ramsey Show? Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

The Oh, Live from the headquarters of Ramsey Solutions, it's the Ramsey Show. We help people build well, do work that they love

0:39.6

and create actual amazing relationships. I'm Dave Ramsey your host Ken Coleman

0:44.8

number one best-selling author, host to the Ken Coleman show, Ramsey Personality is

0:48.8

my co-host today. Thank you for joining us America. The number is AAA 825

0:55.0

5 225. Triple 8 825 5 225 Scott starts this hour in Springfield, Illinois.

1:03.7

Hey Scott, welcome to the Ramsey Show.

1:06.7

Hi Dave, it's an honor to be talking to you and Ken.

1:09.3

I appreciate you guys and what you do, and I'll get right in my question.

1:14.8

Okay. So I don't hold you guys up. My question is me and my wife and my five kids.

1:22.0

We have a 40 acre farm and a log cabin that we just recently

1:26.6

sold it's under contract we signed the papers January 19th well we're looking

1:32.4

to do is with the cash we get from that. We plan on

1:35.1

building a new place over on an acre and a half that we were gifted and we're

1:41.5

trying to figure out where to put the money and why we build and the build would start, you know, January 19th closing.

1:48.0

So more or less, we would try to be in there by September 1st is the goal to have everything done and

1:58.2

built I'm being general contractor and just trying to figure out where we can put that money that have best access to it.

2:07.0

You're going to use the money to build with?

2:10.0

Yes, use the money. We have no debt. We have no debt at all. We are our farm and

2:17.6

cabin everything we have now thanks to you guys. So if I'm understanding you

2:21.5

you're going to use up the majority of the money by September.

2:24.0

Yes, correct.

2:26.0

Correct.

...

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