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rhode island hi brett welcome to the ramsie show hi hi how can we help um so i we are moving um

and we're selling the house and we're making a profit on it.

And recently I have been seeing your show on like little clips and I've been changing my mindset of maybe, you know, having lease vehicles isn't the best and smartest decision I've ever made.

And also, though, there's, we have a plan to use a good portion of the money from selling the house to use that as a down payment after a year of us renting because we don't know the area or moving down to Orlando.

So we're trying to get a, you know, it didn't feel right, right unseen just to purchase a house type of name. So we're like, we'll rent there, get a feel for the area, you know,

know where we want to be school-wise. That sounds wise.

So how much is, how much you're going to get out of the house?

What's going to be the cash in your hand?

I'm guessing anywhere between $50,000 and $60,000.

Okay.

And what's it take to pay off your cars?

To pay off, we want to be able to pay off both of them.

So I have...

You owe more than $60,000 on your cars?

Well, they're leases, so...

I know, but they have a payoff.

They have an early buyout provision.

If you call and ask for the early buyout, have you done that yet?

Yeah, so I know the early buyout have you done that yet uh yeah so i know the early buyout for my truck is 49 and uh the other vehicle is probably around i would guess around like

40 or so wow you're deep in some cars, dude. Yeah. What is the, what's your household

income? I do 180 a year. Okay. All right. Well, a good rule of thumb, if you want to build wealth is to not have more than half your annual income tied up in things with motors and wheels.

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