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The Ramsey Show

I’m Struggling To Budget With My Income (Hour 1)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 28 November 2022

⏱️ 42 minutes

🧾️ Download transcript

Summary

Dave Ramsey & Dr. John Delony discuss: Adjusting investments to save for a house down-payment, Learning to budget on increased income, How to know if your mortgage is too high, What to do with a family heirloom, Paying back an estranged parent. Support Our Sponsor: PODS Moving & Storage Churchill Mortgage Grip6 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

groundwater use

0:05.0

5.

0:06.8

From the headquarters of Ramsay Solutions Broadcasting, from the parts, moving in stories

0:34.2

It's the Ramsay Show where Dad is done, Cashe's King and the paid-off on-market has taken

0:40.9

the place of the BMW as the status symbol of choice.

0:45.7

I'm Dave Ramsay your host, we help people.

0:49.2

Build wealth, do work that they love, and create actual, amazing relationships in spite

0:57.0

of having to spend time with your family over Thanksgiving.

1:00.8

And phones at AAA8255225, Dr. John Deloney, Ramsay Personality, host of the Dr. John Deloney

1:07.8

Show, number one best-selling author of Own Your Past, Change Your Future is my co-host

1:13.1

today.

1:14.1

We're going to answer your questions, you jump in, the phone numbers, AAA8255225, Benjamin

1:20.7

is in Atlanta.

1:21.7

Hi, Benjamin, how are you?

1:23.9

Good, how are you Dave?

1:25.9

Better than I deserve, what's up?

1:28.6

So I'm trying to figure out how much of my salary I want to contribute to my retirement

1:33.8

plan.

1:34.8

I'm currently contributing the recommended 15% to a 401k plan, but I'm now working for

1:41.0

a company that gives a 200% match at the 4% to that 8% of my salary that are putting

1:47.1

into my 401k.

1:49.1

And on top of that, at the end of the year, they contribute another 10% to my 401k as

...

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