Should I Quit My Job To Start a Business? (Hour 3)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 30 November 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dave Ramsey & George Kamel discuss: When home insurance won't cover the value of the property, Whether or not to start your own business when expecting a baby, How to navigate combining finances and households when getting remarried, When you should sell property you own that is out of state. 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	Music
0:30.0	Live from the headquarters of Ramsey Solutions, broadcasting from the pods of moving and
0:37.2	storage studio, it's the Ramsey Show.
0:40.9	Where that is dubbed, Cash is King and the paid off home mortgage has taken the place
0:45.6	of the BMW as the status symbol of choice.
0:50.4	We help people build wealth, do work that they love, and create actual amazing relationships.
0:58.0	Thanks for joining us. George Campbell Ramsey Personality is my co-host today.
1:02.9	Open phones that AAA8255225, Angela is with us in Jacksonville, Florida.
1:10.6	Hi, Angela, welcome to the Ramsey Show.
1:13.4	Hello, thank you.
1:16.3	Thank you? How can we help?
1:18.1	Yes, sir. About three years ago, my husband and I were purchased a 2019 AAA game
1:24.7	factored home. With the cost of living and everything else rising, we just found out
1:34.0	that to replace our same model, it's $120,000 more than we can get insured for.
1:42.8	We've caught around, we've got an additional quote that will go up to about 190, but still
1:48.4	nothing that would offset the cost if we had a total loss.
1:54.4	We're kind of confused on how we should move forward because we are good.
1:59.5	You are what?
2:01.3	We are pretty much debt-free.
2:03.4	That's good. Well, you're going to have a total loss on this.
2:10.6	Over the next 10 years, 15 years, it's going to become more zero.
2:16.4	They go down in value.
	...

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