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Live from the headquarters of Ramsay's illusions broadcasting from the pods moving in storage studios.

It's the Ramsay show where we help people build well, do work that they love and create actual amazing relationships.

George Campbell Ramsay personality host of the extremely popular new George Campbell YouTube show and also the podcast called,

well, at least he's a co-host of it called a smart money happy hour and you can check both of them out.

Ian Rachel Cruz do that one together phone number here as we talk to you about your life and your money is triple eight eight two five five two two five.

Josh starts off this hour and I to ho falls I to ho hey Josh how are you?

Great how are you doing day better than I deserve what's up?

So a question for you my wife and I have a household income of just over 100,000 and we're completely through baby steps one through three and I'm wondering how with the current house market we don't have a home are saving up for home.

How do baby steps four and five change for us?

Why would they change?

Are we artists saving up for home and working towards that down pin were almost ready for the down pin.

Okay, have you ever heard us talk about the thing we call baby step three B?

I have heard a little bit. Yes.

Okay, that's what you're talking about. I think okay, so you finish your emergency fund at three.

That is the point at which you would begin to save for your home and some people push pause and don't do for and don't start saving for retirement until they build their fully

until they get their house down payment.

Some people save for a house while they're putting something in retirement up to 15% for baby step four.

So you can do either one or both somewhere in there.

So how long is this going to take to save up your down payment?

Will it be a specific goal?

I think in the mid next year we're going to have a little bit larger down payment than is required and we're doing eight percent of our household income into Roth right now.

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