Facts Are Your Friends When Facing An Uncertain Future (Hour 1)

The Ramsey Show

Ramsey Network

Business, Education, Investing, Self-improvement

4.6 • 36.7K Ratings

🗓️ 20 July 2023

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Dave Ramsey & Rachel Cruze answer your questions and discuss: Budgeting for your business on inconsistent income, from the blog: How to Create a Business Budget How to prepare for the future when facing a difficult medical diagnosis, from the blog: 8 Types of Insurance You Can't Go Without A Debt-Free Scream from a couple who listened to The Ramsey Show for 30 hours straight, Fill out your Debt-Free Scream application for a chance to do your own Debt Free Scream! Why you should leave retirement savings alone when planning for large purchases in the future, What to do when you owe major taxes on a vehicle that was used as a tax write off. Support Our Sponsor: DreamCloud PODS Moving & Storage BetterHelp Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Here's an EveryDollar deal just for our listeners: get a 14-day free trial PLUS $15 off your first year of premium. Click the link below and start budgeting today! www.everydollar.com/TRS 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 Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	Music
0:28.0	Live from the headquarters of Ramsey Solutions, broadcasting from the pods, moving, and storage studios.
0:35.0	It's the Ramsey shop, where we help people.
0:38.0	Build wealth, do work that they love, and create actual, amazing relationships.
0:45.0	Rachel Cruz, Ramsey Personality, number one bestselling author and co-host of the smart money happy hour podcast ever popular with George Camel as my co-host today.
0:56.0	Also my daughter open phones at triple eight eight two five five two two five that's triple eight eight two five five two two five.
1:05.0	Jennifer is with us. Jennifer is in Indianapolis. Hi Jennifer. Welcome to the Ramsey show.
1:11.0	Hello.
1:12.0	Hi, what's up?
1:14.0	I have a question. So my husband and I are owned two small businesses that we each that's our daytime job.
1:24.0	And I'm starting a third one, but we're really struggling with budgeting for those businesses because they are not consistent income every month.
1:34.0	And so knowing how to budget and our expenses.
1:40.0	There are there isn't much personal expenses because we are get get free other than our property.
1:47.0	And so I'm just struggling of how to get started and how to plan with the inconsistent income.
1:55.0	And is this question more Jennifer for the businesses how to budget for those specific small businesses or the money you're bringing into your household budget?
2:05.0	Really for all of them, but specifically the businesses.
2:10.0	Okay. And are you and your husband are the is this the only type of work you guys do are these two businesses that you're running?
2:16.0	Yes, and I'm starting a third one that is I want to transition from my current role and I have discovered that there are no resources.
2:29.0	And so I would like to fill a need for my current position and step out of that and work into this other business.
2:40.0	Okay, I'll let you handle the business side. I can do the I enough you with the household budget though.
2:46.0	So when you so Jennifer for you guys you and your husband you'll need to create if you haven't already obviously a pretty detailed budget for your household.
2:54.0	And like you said, there's not many bills that have to pay because you guys are debt free. You just have your property, your home that you owe money on.
	...

Please login to see the full transcript.

Previous episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.