What Are My Priorities When Looking To Get Married?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 31 August 2021

⏱️ 8 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, Christy Wright, Dr. John Delony, and George Kamel. 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	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:10.8	Joining me today is Ramsey personality, Christy Wright.
0:15.8	Forrest is with us in Fayetteville, North Carolina.
0:18.8	Hey, Forrest, how are you?
0:21.1	Hi, Dave and Christy. It's an honor to talk to you guys.
0:24.2	You too. What's up?
0:26.7	So I'm 25, and I just started my first job after college. I have no student loans, no credit
0:34.0	card debt. I have three grand in the bank and three grand in single stock.
0:38.8	And I'm looking to propose my significant other, and I'm looking into moving and living with her.
0:45.0	And so my question was, what would you recommend when planning to purchase an engagement ring,
0:50.9	starting to save for a wedding, and that would be two years from now.
0:55.2	And what would be your recommendation for investment?
0:58.5	Because I really haven't done any at the moment.
1:02.3	Okay, cool.
1:03.2	What do you make?
1:05.8	About $60,000 a year.
1:08.1	What's your potential fiancé make?
1:12.3	She'll be a high school teacher, so anywhere between 30 and 40 to start out with.
1:18.8	Okay, so like 100. Household income when you're married, right?
1:23.6	Yes. Okay. Well, here's a couple of rules of thumb. Engagements and weddings are really important.
1:29.3	No kidding, Dave! So, and they can both get emotional and people get stupid around what they spend on both things. So here's a couple of guidelines for you to think about.
1:51.4	Since you're going to be saving up for the wedding, the cheaper the wedding, the sooner the date.
	...

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