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The Ramsey Show Highlights

"You Have No Freaking Idea What You're Getting Into"

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 30 June 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by Xander Insurance. Compare rates from top-term life insurance companies in seconds at Xander.com.

0:10.1

So me and my wife, I was looking for some bites. We want to take our family. We have three small children.

0:15.3

Our dream is to buy a Canadian fishing lodge and run that from about May to November every year.

0:21.8

The issue that I'm running into, just because I'm new with this, is trying to come up with,

0:27.2

figuring out how to come up with a down payment for something like that.

0:30.1

You know, some of these lodges range from $250,000 to millions of dollars.

0:37.3

I'm trying to figure out what's the best way to go about doing something like that.

0:41.9

It depends on how much money you have to spend.

0:45.8

You don't have any money to put it down payment down?

0:49.5

I mean, I've got, I think I could probably come up with between me and my wife and, you know, asking my parents for, you know, a small amount to pay back.

1:00.4

I could probably come up with maybe around 100 grand, but it seems like that won't take me very far.

1:05.7

What do you make?

1:07.6

Right now I make about 90,000.

1:09.6

What do you do?

1:10.5

But I'm in construction and a job I really don't like.

1:13.8

I'm away from my kids.

1:14.9

Have you ever worked in a Canadian fishing lodge?

1:18.9

No, but I'm really, really good with my hands,

1:21.9

really knowledgeable about fishing and hunting.

1:25.1

I'd be doing both.

1:25.9

And zero knowledge about business.

1:28.7

Zero knowledge about business, yes, sir.

...

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