You Have To Sell the House

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5 • 840 Ratings

🗓️ 4 December 2024

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

📱Download your free Ramsey Network app today! 📈 Are you on track with the Baby Steps? Get a Free Personalized Plan Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 💵 Start your free budget today. Download the EveryDollar app! Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	brought to you by the ramsi network app download today to go further with ramsi in a nutshell our
0:09.9	issue is that our home is more expensive than we probably should have gotten we are living paycheck to
0:17.0	paycheck and quite often the paycheck doesn't even cover for two weeks so we are
0:23.4	bleeding from our minimal savings and paying for the things with our credit card
0:29.5	and only paying the minimum to get that down.
0:33.2	How much is your house payment anywhere?
0:36.4	It is $2,090 a month.
0:39.2	And what's your take-home pay?
0:41.5	Take-home pay is about $65 to $70.
0:46.3	$55.
0:46.7	I'm sorry, no, that's not take-home.
0:48.2	That's total.
0:49.1	Your take-home pay in a month.
0:52.7	Sorry, take-home pay in a month is $4,200.
0:56.8	Oh, yeah.
0:57.2	You have to sell the house, John.
1:00.2	That's what we were thinking about doing.
1:04.3	You don't have a choice.
1:05.2	The biggest expense.
1:06.1	Yeah, you can't.
1:06.5	Your house spends 50% of your take-home pay, hon.
1:08.9	You can't do that.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.