I Owe My Old Boss $26,000

The Ramsey Show Highlights

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 838 Ratings

🗓️ 9 March 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🏦 Take Your 3-Minute Money Assessment - Get a personalized money plan! Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership 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

Click on a timestamp to play from that location

0:00.0	Brought to you by the Every Dollar app.
0:04.3	Start budgeting for free today.
0:06.5	Up next, we have Mark in Minneapolis.
0:09.2	Hey, Mark.
0:09.9	Welcome to the show.
0:12.6	Ah, yeah, thanks for taking my call.
0:14.1	Absolutely.
0:14.8	How can we help?
0:16.8	Well, I wanted to know if you guys had dealt with anything like a promissory note being repaid.
0:23.8	I have a promissory note kind of hanging over my head about $26,000 from a previous job.
0:31.6	The contract was, or I was supposed to stay there for two years, left for personal reasons,
0:36.2	only had about three months left
0:38.1	until the two years was up. But now it's with an attorney, and we just, we don't have anywhere
0:45.0	near that amount of money to pay. I just don't know if you guys have ever heard of getting
0:49.7	out of a promissory note, or what do you think I should do. Well, I mean, this is a legal contract
0:54.1	that you signed, and is a legal contract that you
0:54.6	signed and it said, hey, you get $26,000. What was this for? Relocation? Yeah, relocation. And if you leave
1:02.0	within the two years, you owe us this money back. Correct? And so you broke that contract,
1:08.5	and there are consequences for breaking contracts. And one of those is you owe $26,000. So what happened to the $26? Did you spend it all?
1:18.2	Oh, yeah. I mean, we used it for a relocation. We went from Texas over here. So what made you leave three months before the contract was up?
1:26.5	I just knew that.
1:27.8	I wasn't going to be able to honestly fulfill the duties of the role
	...

Please login to see the full transcript.

Previous episode | Next 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.