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The Ramsey Show

Taxes Are Due Next Week! Here’s What You Need To Know (Hour 2)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 11 April 2023

⏱️ 38 minutes

🧾️ Download transcript

Summary

Dave Ramsey & Jade Warshaw answer your questions and discuss: "I'm looking for a side hustle" from the blog: 27 Side Hustle Ideas to Earn Extra Cash, What you need to know about taxes in 2023, "Should I use an investment account to pay off my house?" Adding a spouse to a business account, "What should I do with my savings?" from the blog: What Is a High-Yield Savings Account and Do I Need One? Switching jobs. Support Our Sponsor: Neighborly 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/3cEP4n6 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

3

0:28.4

From the headquarters of Ramsey Solutions, broadcasting from the pods of moving in storage at the studio.

0:34.4

It's the Ramsey shop. But we help people. Build wealth, do work. That they love and create actual amazing relationships.

0:44.4

Thank you for joining us. Open phones, a triple 8, 825, 5225. You jump in. We'll talk about your life and your money.

0:53.4

Jade Warshall, Ramsey personality is my co-host today. Paul is with us in Las Vegas. Hi, Paul. How are you?

1:01.4

I'm doing good. How are you?

1:04.4

Better than I deserve. What's up?

1:06.4

So my question is, what are some of the most efficient side-houses you could think of?

1:13.4

I've tried driving side-houses such as Instacart and Door Dash, but it seems to cost more in gas than it seems to earn money.

1:24.4

Just to give you a back story. I make over 30,000 a year. I also get a disability pay from the VA.

1:34.4

So that's like $13,700 a year. However, so I'm in the middle of a divorce.

1:42.4

And so I only get half of my paycheck from my job. And for temporary court orders since September of 2021, I also had to pay the mortgage on the house and my ex and make sure that they're living in.

2:00.4

So, I don't know. She got half your check and you pay the house.

2:05.4

Yes.

2:08.4

Yeah. And so on top of that, I'm actually technically in for a romp. But we do. My parents and I have a little bit of my parents for less.

2:18.4

We will be closing on a house in Vegas on the 25th. But in the meantime, who's we?

2:26.4

My parents will be closing the house, but the living work them.

2:31.4

Okay, but you're not on it. You're not on the loan.

2:34.4

No. No.

2:36.4

Okay.

2:39.4

And so, you know, we collectively, but anyway, so in the meantime, I've been driving like an hour and 20 minutes to and from work and have had a job on gas three times a week.

2:49.4

And my house is kind of getting fixed up to get sold. And it actually, it'll be done like really soon within like the next week or two.

...

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