How Much Money Should I Be Taking Home?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 28 September 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's episode features Dave Ramsey & Dr. John Delony. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Brought to you by the Every Dollar app.
0:04.3	Start budgeting for free today.
0:06.3	Mark is with us in Springfield, Missouri.
0:08.6	Hey, Mark, welcome to the Ramsey Show.
0:12.0	Hello, Mr. Ramsey and Dr. Galoni.
0:14.2	I was just calling to ask you guys, I own, it's my but I, I own a business, but I only employ me.
0:25.7	And I'm trying to figure out.
0:27.9	That's awfully nice of you, Mark.
0:29.9	I'm in the middle of my, uh, the baby steps all like a quarter of the way into it.
0:34.9	Um, I've got 40,000 of 120,000 paid off.
0:39.7	And I was wondering with the business income, should that be put into the business first?
0:49.5	Like once I get my tax account full, then should I build up an emergency fund for the business,
0:55.1	or should I focus that on the baby steps?
0:59.6	What do you do?
1:01.5	I'm a pooper scooper.
1:03.5	Okay.
1:04.7	And what are you making?
1:08.4	With combined household income with my... No, no, on the business. On oh just the business it's about 100,000 okay and we just stop right there for a second
1:19.8	first thing ran through my mind is that's a lot of poop okay which is one of the internal slogans about this show but listen listen, listen, if you are listening to this show and you say, I can't get ahead and I can't figure it out, there's no jobs.
1:34.6	Mark is making 100K as a pooper scooper.
1:37.0	So let's just keep that out there.
1:37.9	Hicking up the dog charge.
	...

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