These Bad Decisions Will Steal Your Wealth

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 4 April 2024

⏱️ 118 minutes

🔗️ Recording | iTunes | RSS

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Summary

💵 Sign-up for EveryDollar today - The simplest way to budget for your life! Dave Ramsey & Rachel Cruze answer your questions and discuss: "Where should we invest after paying off debt?" Why bad decisions will steal your wealth, Dave's guide to flipping houses, Fill this "prescription" if you want to be wealthy, Dave breaks down the 4 walls and why they're important, Dave's boomer perspective on Gen-Z's tax trauma, "We bought a flip house with my mom" Support Our Sponsors: Churchill Mortgage BetterHelp Zander Insurance Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🏦 Take Your 3-Minute Money Assessment - Get a personalized money plan! 🍎 Enter the Teacher Appreciation Giveaway 📄 Need help with your taxes? See who we trust. 📖 I'm Glad For Where I Am Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	You're going to go. Oh, no. Live from the headquarters of Ramsey Solutions, it's the Ramsey Show where we help people build wealth do work that they love
0:38.2	and create actual amazing relationships.
0:42.4	I'm Dave Ramsey your host My co-host today is Rachel Cruz,
0:45.4	number one best-selling author, co-host of Smart Money Happy Hour, and author also
0:50.8	a brand new, our second best- selling book of hers on the kids list.
0:55.8	It comes out April 16th and it's up for sale right now and we have been test marketing
1:02.3	in among the grandkids and it's working.
1:04.7	I'm glad for where I am.
1:07.1	The first one was I'm glad for what I have and so her new book coming out soon.
1:11.3	So she's going to be helping me with your questions today.
1:13.2	The phone number is AAA. 825-525.
1:18.0	Micah is with us to start off this hour. He's in Huntsville.
1:22.4	Hey, Michael, welcome to the Ramsey show
1:25.0	god day thanks for taking my call sure what's up
1:28.6	uh... okay so i just started the baby stab site last month
1:32.3	and i have a thousand dollars in the emergency fund already.
1:36.0	It's getting springtime and my yard is getting pretty high. I'm needing a lawnmower and
1:41.0	I don't currently have the cash to pay for one but I mean I got like
1:44.1	$2,000 that I could put down on not finance but just buy a cheap one or I could
1:51.0	hire somebody to cut my grass for the summer while I save to buy a nicer lawnmower
1:56.1	because I live on like 10 acres.
1:58.0	Which I'm not going to keep 10 acres cut, but just wondering your thoughts on what I should do on that.
	...

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