You Make WAY Too Much Money To Be This Broke!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 10 October 2023

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today's episode features Dave Ramsey & Dr. John Delony. The Ramsey Show Highlights 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, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. Budget for free with EveryDollar: Click Here 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

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0:00.0	Brought to you by the Every Dollar app.
0:04.3	Start budgeting for free today.
0:06.7	Joe is with us in Springfield.
0:08.5	Hey, Joe, welcome to the Ramsey Show.
0:11.2	Dave, thank you for taking my call.
0:12.7	Sure.
0:13.1	What's up?
0:14.5	I've been listening to you often on the last couple years.
0:16.6	A lot of things haven't soaked in, but the other day you said that nobody's shown a new truck unless they have a network of a million in their debt free.
0:24.8	Well, I bought a new one earlier this year, and so my question, number one, is should I sell that truck and downgrade get something a little bit more economical so that I can pay it all?
0:36.5	How much do you owe on it?
0:40.0	43, no, 42 and some change, so 43.
0:43.2	What's your household income?
0:46.4	220, 210.
0:47.9	And you don't have any money?
0:50.4	No, I have about 40 in the bank right now.
0:54.8	How long have you been making that kind of money?
0:57.0	Oh, years.
1:00.2	You're making good money.
1:02.2	Why do you not have any?
1:03.2	Well, my wife kind of lives yellow.
1:09.2	I kind of live like, hey, we might live to be 500.
	...

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