Should I Move Out of My Parents' House?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 4 September 2020

⏱️ 4 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day 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, Chris Hogan, Christy Wright, Anthony ONeal, and Dr. John Delony. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Friday, and this is the Ramsey Call of the Day, part of the Ramsey Network.
0:06.9	Anthony O'Neill is our Ramsey personality, is our co-host today here on the show.
0:12.7	Darren is with us in Los Angeles, starting off this hour.
0:17.1	Hi, Darren.
0:17.7	How are you?
0:19.4	Good.
0:20.1	Thank you, Dave, and Anthony for taking my call. Sure. I'll try to make this quick. Hi, Darren. How are you? Good. Thank you, Dave and Anthony for taking my call.
0:22.3	Sure. I'll try to make this quick. Um, so basically I'm considering moving out for the first time.
0:29.4	I'm 25 and, um, the only debt I have is a car payment. It's, uh, about 7,400. And I have about 4,000 saved up. And my concern is, should I stay home
0:45.1	longer and save so I could buy something? What are you doing right now for career-wise, Darren?
0:51.9	I just started a job about three months ago doing sales.
0:56.7	And how much?
0:58.4	How much do you make a year?
0:59.9	Is it commission only?
1:01.9	Yeah, it's actually commission only.
1:03.7	And on average, I made about $3,600 a month.
1:08.4	Okay.
1:08.9	So.
1:09.7	And you're living in Los Angeles, California.
1:11.6	So, you know, I'm from the area.
1:12.9	My brother lives in Los Angeles right now.
1:15.2	Average rent out there is going to run you in between $19 and $2,300 a month for just a 500-square-foot apartment.
	...

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