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The Ramsey Show

I’m Being Sued for $20,000 (Hour 3)

The Ramsey Show

Ramsey Network

Self-improvement, Education, Business, Investing

4.538.5K Ratings

🗓️ 9 August 2023

⏱️ 38 minutes

🧾️ Download transcript

Summary

Dave Ramsey & Ken Coleman answer your questions and discuss: EveryDollar, budget for the life you want today for free: Click Here "Should we downsize our home?" "Should we use savings to pay off our cars?" "Should we buy or build?" "I'm being sued for $20,000," "Should I take a new job that will slow the Baby Steps?" "Should I use an ERC to pay off debt?" "How can I increase my income?" Support Our Sponsor: Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Enter The Ramsey Cash Giveaway for a chance to win $3,000! https://bit.ly/TRSCashGiveaway 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

5 From the Headquarters of Gran T.

0:29.3

solutions broadcasting from the pods moving in storage studios. It's the Ramsey show where we help

0:35.7

people build wealth, do work that they love to create actual amazing relationships. Ken Coleman

0:45.5

Ramsey personality is my co-host today. He is the host of the Ken Coleman show and author of

0:51.4

the number one bestselling book from Paycheck to Purpose. He talks to folks about their jobs and

0:56.8

their careers every day on the Ramsey network. So be sure and call in if you got something in

1:02.5

that area for sure. Open phones at triple eight eight two five five two two five. Starting this

1:08.8

hour is Tucker in Charlotte North Carolina. Hi Tucker how are you? Hey Tucker hey I'm Tucker

1:14.9

do well how are you Dave thanks for taking my call today. Better than we deserve we're glad to

1:18.8

have you brother how can we help? Thanks and hey ultimately my question is whether or not we

1:23.7

should sell our home right now we're newer to the Ramsey family took a financial peace course

1:30.4

that you guys offered for pastors online and got the every dollar app and set up all that stuff.

1:35.6

According to the plan we're on baby steps four five and six good but our house payment is 35%

1:42.4

of our take home pay so finding the room to pull out 15% of our income isn't really something that

1:49.0

I've been able to figure out right now where we're at so we have some decent equity in our house

1:53.6

that we can pull out if we sold it I guess where I'm torn is if we sold it where we would go the rent

1:59.6

for three better places the thing that's not more as our current house payment and I guess we could

2:04.8

try and find something smaller just still pretty competitive in the area that we live in. You like

2:09.6

the house then? Yeah we like our house. Meter pastor? Yes sir. Okay all right cool. Well here's the

2:17.8

thing there's no panic and the last thing I do out of the on if you were to force rank if

2:25.4

you make a list of things to do to get your money straightened out the way down the list is selling

2:30.4

the house because it's very expensive to sell it's expensive emotionally to move it's expensive

...

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