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Live from the headquarters of Ramsay Solutions, broadcasting from the pods removed.

How it starts at about between $700,000.

That's true.

How much do you guys make a year?

Maybe back walk, the why behind our answer.

Personal residence is a key element paid off of the first $1,000,000,000 worth of work that people build.

Not investment property.

Statistically speaking.

Personal residence that creates a reasonable standard of living, not necessarily opulence, but certainly not living in a camping trailer out back a mall's house.

That's not what we're doing, but a personal residence that gives you a reasonable, sustainable level of standard of living creates stabilization in your relationships.

Your health is better.

Your career has more of a tendency to prosper.

The budget prosper because the largest line item in everyone's personal budget until they're very wealthy is their home.

When you get control of the largest line item and stabilize it by buying a home or paying cash for it or not, but getting it paid off very soon, you have a higher tendency to prosper because your health is better.

Your relationships are better.

There's tons of data around home ownership that indicates those things.

Okay, so another question for you because we're looking into buying a house or we only, so we live in my parents' town home right now and we only spend $1,000 a month on that.

I also would feel guilty going out and spending almost $3,000 on a mortgage compared to where I'm only spending $1,000 a month in rent, but I'm only renting it's not an asset.

Exactly.

Okay.

So you're making $100,000 a year and you buy a home with $300,000 down and then you map out how quickly we can pay off that home.

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