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The Ramsey Show

What To Do When You Feel Stuck in Debt (Hour 3)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 1 May 2023

⏱️ 38 minutes

🧾️ Download transcript

Summary

Jade Warshaw & Rachel Cruze answer your questions and discuss: "Should I leave my teaching career?" "Should we move to a different school district for my son's wrestling team?" "I'm feeling stuck and can't get out of debt" "Should we invest the settlement from a car accident?" Selling the house to pay off debt faster. Support Our Sponsor: Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Enter The Ramsey Cash Giveaway for a chance at $3,000! https://bit.ly/TRSgvwy Shop our bestsellers during the $10 Sale! https://bit.ly/TRS10Sale Enter The Ramsey Cash Giveaway for a chance at $3,000! https://bit.ly/TRSgvwy Shop our bestsellers during the $10 Sale! https://bit.ly/TRS10Sale 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 Interested in advertising on The Ramsey Show? https://ter.li/s64ye3 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

off

0:12.4

Live from the headquarters of Ramsey Solutions broadcasting from the PODS moving in

0:35.0

storage studio, it's the Ramsey Show where we help people build wealth, do work that

0:41.2

they love and create actual amazing relationships. I am your host today, Jade Warshaw, Ramsey

0:48.2

Personality, and I'm joined by fellow Ramsey Personality Rachel Cruz and today we're taking

0:53.1

calls about your life, your money, give us a call, the number is triple eight, eight

0:57.4

to five, five, two to five, and with that let's go straight to the phone lines. We've got

1:02.3

Sabrina from Huntington, West Virginia, what's going on Sabrina?

1:07.4

Hello. Hi. I just had a question, mine is about career changes. I've currently a teacher

1:15.6

I've been teaching for about 11 years in the public school system and looking to possibly

1:21.5

change careers based on low wages, they've like honestly we just got a raise and then

1:28.3

raise our insurance enough to get rid of our rates, the first rates that we have since

1:32.1

like 1980. So I'm looking to see like that's going to really take a hit to our budget

1:38.9

even without you know, so I just didn't know like if it's at 40 years old is it a good

1:44.3

idea to change careers completely? I basically did that, that makes you so many

1:52.8

better. I'm not 40 yet but I'm 39 and I switched careers. I just was like we're doing

1:58.5

something different now. So can it be done? Yes. Is it easy? No. And do you sometimes question

2:07.2

yourself? Yes. But I think for you it starts with figuring out what else that you would

2:13.1

want to do. Right. And figuring out what else you're good at and do have an idea of what

2:18.5

that might be? I'm definitely a service oriented person serving kids and families nicely.

2:27.1

I've looked at a couple of physicians locally that are not really in that field. Well, it's

2:34.3

due like the VA Medical Center that I would qualify for but they're serving you know

...

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