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The Ramsey Show Highlights

You’ve Got To Get Your Crap Together

The Ramsey Show Highlights

Ramsey Network

Business, Investing, Education, Self-improvement

4.5839 Ratings

🗓️ 25 April 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget! 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! 🏦 Take Your 3-Minute Money Assessment - Get a personalized money plan! 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

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0:00.0

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0:06.3

So I'm reaching out today. I feel like I'm a Ramsey kid growing up. Your theme song has been like a jingle in the household to the last 26 years of my life.

0:15.1

I'm reaching out today and kind of nervous, not sure kind of what to do at this point.

0:19.8

We make just under $100,000 a year, my husband

0:22.9

and I, and he is getting ready to hopefully go back to school here in a couple weeks, just kind of

0:28.7

waiting on that official acceptance, and we will be losing about 60% of our income. And we were running

0:35.6

numbers last night, sitting down, trying to evaluate things,

0:39.1

and I'm just not sure what we do with such a large reduction in our income based on what we

0:47.1

kind of sell with our expenses. Are you guys able to cover the basics on 60% or on 40% of your income?

0:57.0

Barely.

0:58.0

We do have two kids, so we are bearing the price of childcare times two.

1:03.2

On the positive side, he's old enough now.

1:06.1

He's in his early 30s where he's going to be going to school on telegrams and scholarships,

1:10.5

so we don't

1:10.9

have to necessarily work on the cash flow in his education um but i'm just kind of concerned with how

1:16.7

we're going to structure like our living expenses how long will he be in school for roughly eight to

1:23.7

13 months and it's a full roughly seven days a week nine to five they said don't plan on

1:29.4

working during the program because it is such a vigorous course well that means that means

1:34.1

child care is no help at all exactly okay so child care stays there and you're making 40k

1:41.0

and you can live on that or not if the answer is not you can't do it yeah

1:47.6

I mean yeah I don't think you know and we've looked at a couple different options you know my

1:52.3

parents are getting ready to retire but I don't really want them spending their whole

...

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