4.6 • 682 Ratings
🗓️ 27 April 2021
⏱️ 7 minutes
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0:00.0 | It's Tuesday, and this is the Ramsey Call of the Day, part of the Ramsey Network. |
0:06.4 | Joining me today is Ramsey Personality, Ken Coleman. |
0:11.1 | Lisa is with us in Spokane, Washington, to start off this hour. |
0:16.2 | Hey, Lisa, what's up? |
0:18.1 | Hi, Dave. |
0:19.4 | Thanks for taking my call. |
0:21.6 | So here's the deal. My husband and I were in the process of building a house. |
0:26.6 | We actually had the foundation go in last fall with construction due to resume this spring. |
0:33.6 | And then we found out last week that our construction budget went up 40%. |
0:38.9 | So we've been on this financial plan to do this really intelligently, and now it's just gone |
0:46.4 | off the rails. |
0:47.2 | So we're going to put that on hold due to COVID. |
0:51.0 | And I have this big chunk of money sitting in our savings account waiting to pay for this home that now we're going, it's not working for us, right? |
1:00.2 | It's making what, 1% in our savings account. |
1:04.0 | So we'd love to get your advice to have some thoughts on whether to just park it in a savings account. |
1:10.0 | We have a rental property that we owe some money on. |
1:15.4 | We had sold our primary home, and I'm renting a home right now. |
1:21.0 | Just could use some direction. |
1:24.0 | Why did you stop building last fall? |
1:27.1 | So we're building in a mountain environment up at a ski resort. |
1:32.9 | Oh, you have to, weather. |
1:34.7 | Exactly. |
... |
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