This is the Ramsey Call of the Day, part of the Ramsey Network.

Well, Christine, I want to kick off this hour talking about something that so many people are struggling with in today's America, and that is rent prices.

Here's an article from Axios.com. I'm going to read the

headline in my own way because this is a family-friendly show. Data shows the rent is still

too dang high. Oh, yeah, it says the average American household is now considered rent burden

with a record share of renters spending more than 30% of income on rent each

month. This is a painful surge for many coming at a time when inflation has driven up the cost

of food and energy costs. Credit card debt is rising, spending is falling, and there's a shift in

spending to more necessary items rather than luxury type

purchases. Well, that's good. That's a good thing. But rents are sticky. They are likely to climb

much further. They're not, they aren't likely to climb. They aren't likely to, oh gosh, thank God.

That's good. I got spooked. But don't expect them to fall much from where they are now.

And of course, the surge in home prices in the

housing market has pushed this number up and, you know, inflation, supply and demand, a lot of

factors here. But at the end of the day, it's just a lot of frustrated everyday people going

like, this is insane. My rent went up, you know, another 600 bucks, and I can't do anything about it.

And so we wanted to give you guys

some practical things you can do. There's no magic trick here. There's no silver bullet. I'm not

going to give you some life hack. These are all things that take compromise, sacrifice. They're not

fun, but it will put you in a better financial situation. Yeah. And we just empathize because we got

team members here

who've had to move because it's like all of a sudden their landlord raised their rent or their

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