Hey, guys, this is James Giles, producer of The Dave Ramsey Show. Dave and the team are out spending time with their families for years, but we'll be back soon to help you take control of your life and your money in twenty, twenty one. In the meantime, we put together some of the best clips from the show for you to enjoy. This is the best of the Dave Ramsey Show. Live from the headquarters of Ramsey Solutions, broadcasting from the car rental studios, it's the Dave Ramsey Show where Nat is dumb.

Cash is king and the paid off.

No mortgage has taken the place of the BMW as the status symbol of choice. My co-host today here on the air, Ramsey personality Anthony O'Neal, open phones at triple eight eight to five five two two five. That's triple eight eight two five five two two five. Alice is with us in Houston, Texas. Hi, Alice.

How are you? All right. How you doing? Better than I deserve. What's up? Well, I work and an address for right here and right now. I rented the vehicle to do it. I was telling me I need to buy my own right, but so I did. But I still was having the baby still, too. So do you think I should buy a ride or should I keep in a. Well, here's the thing, Alice, with the rise of programs, I do know for an example for A.S.A., namely companies, but you've got to have at least a car, 10 year old, no more than 10 years old.

So it sounds like you're not in a position to do that financially right now. OK, now, is this ride sharing program, is this the only source of income you have right now coming in or is this a side gig and you have another full time job? No, I do this all the time. Mhm.

Yeah. So what are you making anywhere from a week.

A hundred a week at 100.

Well 800 plus. Yeah. Yeah. So what's the, what's the rental costing you. Think like maybe seven a month. So you're working for free. No. So 700 a month to month, not a week. Oh, I'm sorry.

Yeah, yeah. Seven hundred a month. And so you're like from a rental car company. Yes. Yeah, it's very interesting. Well, here's the thing, Alice, you can honestly and correct me if I'm wrong, Dave, on this one, because I must say I don't have a problem with you renting if you're stacking up money to go buy cash. So, for example, we're in 2020, going to 2021. That means you can get a 2011 car.

OK, that was just 2011 or Newar.

You can buy something that to be a 2015. Sorry, I was 15.

It doesn't 15 or higher. So yeah. So that's going to run you about in between seven and ten thousand dollars. How old are you.

Fifty, what was your last job? On my last job was the option was what, working for option, option?

OK, what were you making there?

That was just very stale, just like a little part time.

All right. Mm hmm. I guess.

OK, what you're describing scares me because I'm afraid there's some cost involved here or some lack of insurance that's involved here that might be setting you up for all kinds of problems. I certainly wouldn't sign you up for seven hundred dollars car payment or a car payment at all in order to do ride share. But if we're going to move away from this whole thing, then we have to have a replacement for it. You got to eat. Yes. And you've been using this to eat.

I get that. I like your ingenuity. You came up with some cool ideas and some you scratched around, figured out a way to make a dadgum living. Good for you. I'm a little bit afraid.

Whoever you're running the car from might not be OK under the contract you've signed with you using it for ride sharing.

And I'm a little bit afraid that the ride sharing people might not be OK with the with the type of insurance and the fact that you're driving a rental car to do. I don't know. There's just there's a lot of stuff in here that's that's bothering me. Seven hundred dollars a month bothering me a lot, too. It's obviously bothering you. She she has to get a car. Yeah.

But I turned fifteen, twenty fifteen to drive for that company. Maybe drive for a different one.

Yeah. But I mean I don't know what the guidelines are with the different cars.

I know one of them. It has to be ten years or newer. OK, like Uber. Yes. I don't want to say whatever. I don't care. Yeah.

I don't know what Lyft if Lyft has a lesser or whatever, but a lot of drivers that I know drive for both.

And it's usually a side gig too. Yeah. So I, I would start saving aggressively and buy a car very very quickly. Yeah. Like and I'd be working like twenty four, seven, I'd be working all the time to get out of this because I'm afraid you're in a trap. But would I go buy a car on payments. I've never told one in thirty years of doing told anyone in thirty years of doing the show to go borrow money and I'm not going to start today so I wouldn't.

But if I woke up in your shoes, I would work like a maniac and pile up enough cash in about a month to go do this. And you know you're coming into the holidays. You probably can get really busy in Houston, Texas, because that's what I'm going to do. Yeah, yeah. I solve this in thirty days or forty five days and go buy a car. And even if you bought a lesser car and you couldn't drive for that same company for a period of time, didn't you move up, do the same thing again, then move up in car later.

Yeah but do it with cash and stay out of the payment business.

I would not do what you're doing for a for a long term plan because I think there's holes in it and I'm afraid you're going to get get caught in a mess. I'm making this up. I'm not sure it just make it just feels wrong. The possibility of the mess is there because I tried over, you know, just to test out for myself, you have to provide a registration and proof of insurance. So I don't know how she's doing that because she doesn't have proof of insurance.

She won't even get insurance through the rental car company. Don't have registration except you don't own the car. And insurance is not her insurance is to rent a car insurance company. I know. So I don't I don't know how you got me. Yeah. It just it sounds like somebody. Yeah, it's tricky. It's all right. All right. That's how we're going to do this second idea other than just pile up some cash really quick and then keep doing this is ask yourself, OK, I'm fifty years old.

What I want to be doing when I'm sixty five. Hmm, probably not ōba no, probably want a career field, you probably want to shazad some longer goals and saying, OK, what have I got to do to get out of this car?

What have I got to do to move into something else? That's why I was asking about your previous career. What are you trained in, what can you do and say, OK, I'm going to start taking something once we get this solved, let's start taking some classes. Let's do whatever we've got to do to move into the career field that you really want to do. And hang on, I'll give you a copy of Ken Colman's book and help you move that direction.

It's called The Proximity Principle. And yeah, I think that's going to be your longer term. Better answer. Yeah, that's the is the way this feels to me. So I know what you're doing is not going to be sustainable. And I know even if you get into your own car that you can use and you can make the same kind of money or more money and you won't have seven dollars payment, you'll be making pretty decent money at that point.

But you're working your butt off. And what is the long term aspects of that? Probably not your plan. Yeah, so we need a long term plan and a short term plan. And you're really, really hard working lady. Really smart. You coming up with ideas. You're scrappy to get out there and scratch around, find some money. I'm proud of you do that. But let's get this situation fixed and it's not a car payment to fix it.

This is the Dave Ramsey Show. Free at last, it was one of the best decisions of my life. That's what Neil M. said about using time-Share exit team to get out of his timeshare after the resort refused to let him out. Listen, I've said it before. If you've tried selling your timeshare and can't if the resort refuses to take it back, call time share exit team. The people I trust call eight four four nine nine nine exit or time-Share exit team dot com.

You're listening to the best of the Dave Ramsey Show. We'll be back with more live. Dr. John Delany, my co-host today here on The Dave Ramsey Show, Open phones, a triple eight eight to five five two two five for dealing with the luckiest year in my lifetime. Twenty twenty. Where the year where you learn that maybe you weren't a central. That's hard to imagine. How damaging is that? Rowe is talking about that when he was here.

Yeah. You know, there's just an occasional line. Somebody drops and it just it just wormholes in my brain. And when Mike Rowe is here a few weeks ago, he mentioned. We just told three hundred million people, the United States, you know what, got to stay home, you're not central. I just that mental health person to me just it was a neon sign, it was a big bell that I couldn't even hear.

We don't need you. We don't know. Val, you just stay home.

We'll call you. Man, we are made to work. But more importantly, we are purpose driven beings. That's just what we do. And when somebody just looks you in the eye, when your government looks you in the eye. Let me just tell you says you're not important. Ramsey Solutions thinks you're essential. That's why we're still here doing this show. That's exactly right. We think your marriage and your wealth building and your kiddos and your career and your mental health is essential.

And that's why we're here, because we think you're amazing. We love people.

We even love those of you a little crazy and some of your little crazy.

I just tell you, I get some emails. Some of y'all are are awesome. Some of them a little crazy, but all the way up to big crazy.

But most people are just going to. Oh, man, everybody's got your world. You're essential. Yes. Yes, you're essential.

So I did figure out, though, as an employer and our people working from home or our people sheltering at home or our people whatever, and talking to some of our government officials, they they said, well, we thought you guys were essential. And after talking around a little bit, I kind of figured out what the essential industries were. Hmm. It's a fairly easy idea was that you just decide you are nuts because nobody had a real definition that.

But that works in our individual lives right out of central. Screw it. I am worth being respected in this relationship. I am worth dignity at my job now.

I mean, honestly, they don't have a definition. Wow. They didn't have one, huh. I mean, so you know what is essential, I decided I am so so everyone, it's you you're all essential, right? You just decide you are decide your essential or decide you're not. And stay home if you want. But that's OK. There's always a place for people who want to wear their bathing suits and eat Cheetos and just call it and cash it in.

And you're going to have more dignity than that. You're worth something. You're worth something. That's it. I could rant on that all day.

Our Question of the day comes from Blond's Dotcom. Find out for yourself why Blind's Dotcom is the number one online retailer of custom window coverings. You get free samples, free shipping. With the new promos that run every month, you'll save even more. Use the promo code, Ramsey, and you'll get the best deal. It's like a magic word. A question, John. Yeah, here we go.

So today's question comes from Jamie in Pennsylvania. She visits Dave Ramsey dot com to ask My boyfriend and I are looking into getting married in the next year or so. He has two children, ages four and seven from a previous marriage and split custody with no child support or alimony. We both have debt and healthy savings. What are the benefits of getting married? Would you suggest a prenup so that I protect myself prior to getting married?

We would like to have a child of our own. God willing. I love his children, but feel that I should not be financially responsible for them. Jamie, there's a lot here. A lot of this might be better in a in a more long form called love to ask some follow up questions here. Dave, what do you think?

Oh, hi. This is your sister. I'll I'll jump in. Believe me, I have an opinion, but you go ahead. I do, too. I don't think y'all are ready to get married. I think you're having some this idea that I love his children, but I'm not going to be financially responsible for them. When you join somebody in marriage and they already have kids, you are joining a family, you are joining those kids. And I know that those two kids have a mom, but they are also getting you right.

So you're going to be a stepparent, you're going to be involved in the raising of these young kids. You're going to be involved in the paying for them to get clothes and food. That's what marriage is, is a joining of incomes, the joining of homes, the joining a values, the joining of home raising.

So when you're finally gonna say, I might suggest that he get a prenup to protect his kids, but again, those that takes deeper questions about finances and money where people are at. But the benefits of getting married as you get to do life with a partner, you get to do life anchored in. I know that come what may, they're going to be there. And so there's some there's just some red flags in this question that make me think you're not there yet.

The old Book of Common Prayer says, In sickness and in health for richer, for poorer, until the all my worldly goods I pledge, unless you have extreme wealth and you don't know prenup. If you love your little life and your little money and your little independence more than you love him, don't get married. If you're not willing to take his kids on as if they're yours, don't get married. You're not ready for marriage. You're not ready because you still value your stuff more than the relationship and until you're ready to put the relationship with him, the kids, his mother, his father, his crazy uncle and his broke down car all on your shoulders and carry them.

Then you're not ready for marriage, right, and especially if you feel like you're going to come into this house and the kids aren't going to have access to your money, just that language in and of itself.

You're not ready to get married. Yeah, exactly. You got to be all in all in all it.

And by the way, it's not test driving the car to shake up.

Because you're not all in and it's not going to fix these exact issues, and so you date and you maintain a separate household and you have quality relationships and you grow in the relationship to the point that being with him and being married is more important than any other single goal you have.

And they all become subordinate to that man or woman whom you, if you do not make your other goals subordinate to, meaning that we're going to agree on doing these things together. And the only possible way that the man you love more than life itself is going to have a good life is of his kids do. And so you're taking them on.

I think this is worth pointing out, I love where you're headed with this, his responsibility. We'll be to those two kids and for somebody to try to wedge their way between now you come out and help. That's exactly right. Not become an additional problem. Right. Or an additional burden or an additional responsibility, because these kids are already going through enough. They are already going to go through guilt. They're going to go through loyalty issues. They're going to go through what did I do to make mom and dad split up this vacuum of joy and attention in that house?

They're going to take that on. That's a four and seven year olds do. And for somebody else to show up and say, hey, I love you guys, this is so much. Not so much. Come on, man, I love you, but not so much. You're not there yet. You're not there. You can be. I can be. But you need a heart change. I make forty six thousand dollars a year and I need a prenup.

No, you know, you don't you don't have anything to prenup. When do you recommend a prenup, Dave, where there's extreme wealth on one side and not on the other.

OK, so let's say that you're marrying someone that has 10 million dollars and you have forty thousand dollars. OK, I would put a prenup in place because not necessarily because of the couple.

I do I do really in-depth, detailed premarital counseling because you're going to face some unusual challenges, some different tensions. And that's exactly number one. But the reason for the prenup is it's not the couple that I've run into as a financial coach that's been the problem. It's extended family.

Right. And that's I like them only for wealth and kids. Right.

To protect your extended family is not I mean, it's like his mother is a nutcase and you cannot keep her out of the discussion unless there's a prenup. Right. And so what it does is it just backs everybody off in your crazy cousin thinks you just got rich because you married the guy with ten million. That's right. And that kind of stuff. So crazy. And he shows up with a dadgum RV out front, you know, Cousin Eddie Wright.

Cousin Eddie. That's right. And so and that's, you know, the American millionaire. I'm here to get my part, you know. That's right. And so, you know, that's the stuff that happens. But when you got a prenup, you go, oh, it just backs off the crazy. And it's really helpful with that. And it's very, very important that you take the time. But we're just folks have fairly even typical finances.

You don't need a prenup. This is The Dave Ramsey Show. As we continue to face challenging times, I hear that a lot of you have been calling Zander Insurance to see if term life plans are still available. The good news is that the insurance companies are starting to loosen up the restrictions. So if you haven't dealt with this yet, do it now. Let this crazy season motivate you to get your priorities in order and check the big things like life insurance off your list.

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You're listening to the best of the Dave Ramsey Show. We'll be back with more live content. My co-host today on The Dave Ramsey Show, Ramsey personality Ken Coleman, Dina is with us in Utah. Hi, Dana. Welcome to the show. Hi. Thanks for having me. My pleasure. How can we help?

So we're on baby step two and we have ten thousand dollars left to pay off. And we were on track to pay it off in July. But a month ago, my husband got in a car accident. Our car was totaled and he was in the hospital and now he's on short term disability. Well, immediately I stopped paying and I started banking the money. Good. So I haven't. I haven't. By July, I'll still have enough to pay it off.

I'm here on short term disability, but I'm wondering if I should keep paying it or should I just save the money and wait for the medical bills to start rolling in and pay those? That's where I'm kind of confused. How's he doing?

Oh, he's on a wound back and his leg, his leg exploded. It's so swollen.

So what's the schedule on him? Being back to work is what I'm asking.

So he'll be back. Well, it was mid-July and they just pushed it through to August now. OK. All right.

And what is the short term disability payment? How much?

It's it's only his base pay. He's a manager and he gets bonuses. And how much is this? So it's three thousand a month.

And how much is bonuses usually gets about the overtime. He gets usually double that. OK.

And then he's getting half way right now back to work. All right. And are you working outside the home bus driver OK? No, I'm a school bus driver, so I'm off right now. But I have submitted some applications out, so I am looking for something. Gotcha.

OK, good. And how much debt do you have left?

Not counting thousand, 10000, you show. How much money you are piled up. I have seventy five hundred, and that doesn't even count my vote doesn't count my thousand, you know. OK, good.

All right, bye bye. Here's our here's our two options. And mathematically, one is we continue to pause and wait and pile up cash until September when he's back to work. OK, that costs you 60 days. Big deal, right? No big deal. No big deal at all. Or you can go ahead and go hardcore right now.

And you're trying to do it with a with less income than you usually have because. Yeah, both of you aren't working, right. Yeah. So I'm pausing this because you're in the middle of a storm and piling up cash till the storm comes by.

You get back to work, he gets back to work. We push play our game on again. OK, that makes it is.

It's not it's not it's not like a lifetime decision. And then the medical bills, I mean, you got you got insurance, right? Yes. The insurance is cover. That's right. Yeah. And it'll pop out. I think it's six thousand max out of pocket Bill. Oh OK. Yeah. Out of pocket. And then they start paying one hundred percent after that.

OK, so you need six thousand dollars to do that. You need ten thousand dollars to pay off that. That's sixteen thousand seventy five hundred and you're going to have a little more about September and then you'll have your income. So let's say you got ten thousand, eleven thousand by September and you throw that at the sixteen thousand in whatever order. I mean you just pay off a medical bills and then reach back and start your debt snowball again, right?

Yes.

What you see what I'm doing. So I'll probably be like zero percent right. For a while.

I don't know. They're not there. Do their do when you send them they don't charge you. They don't you know, they don't. If they put you on a payment plan, it's because you're broke but you're not broke.

Right. Because you've been smart. I'm proud of you. Yeah.

You've managed, you've managed through covid and through a totaling of a car and your husband's leg and all this other stuff. And you're still sitting. There are seven thousand freakin dollars way to go.

And our house is paid off. Dave ding ding. Yeah.

OK, so here so here's what Christmas sounds like. Let's go to Christmas. Are you ready? OK, you're debt free. You're debt free. Excellent. Well, think about it.

I mean, you got your income, both of you making an income. He makes six thousand a month when he's working and you're back working. And so we've got eight or ten thousand dollars a month coming in and you got seven thousand by then. Ten thousand towards your sixteen thousand. You only got six thousand pay off by Christmas.

You got this. OK, that's where the math says. Yeah, I was just confused, I got confused for a minute. Yeah, you're doing good. I'm with you. I think you can I would just pause it and then when the medical bills come, just write a check, pay them off and then kick back in on the rest of it and get going.

You're doing so good. Fascinating that they have no debt on their home and 10 grand worth of debt. And it's kind of an interesting way of doing it. But you're right, it's gonna be a great Christmas in that house. Well, there's more more to the story, of course, on the things that got him to that point. But, yeah, that's they're in great shape. And but they're you know, here's what happens when you hit a crisis.

You either you either run into it or runs over you. Isn't that the truth? You know, and she ran into it. She ran into the storm. And I remember you telling the story in the message of hope by the buffalo was I run into the storm and they get to the storm faster because as they're heading towards it, it's heading towards Amoco's over cowls run the other way and they get stuck in the storm longer. Yeah. And so, you know, you got to do your buffalo workout.

And so when it comes to this kind of stuff, I won't be the buffalo, although they're really not very smart animals. But still. Well, you know, and after that, it's a great metaphor. There it is. All right. Nicole is with us. Nicole is in California. Hi, Nicole.

How are you? Hello, Dave. How are you? Better than I deserve. How can we help? I am. I'm having a hard time looking at your face on the computer and talking to you because you're facing the same thing.

Your voice is doing that would be that technological delay.

How can we tell if the machine is still getting used to it? So I want to start with I believe in a lot of the things that you guys have said so far about providing, I believe in Mahna Mahna from the Sky and also to being an artist, believe that I am leading that image as a creator of whatever my universe. So let's start with that. So manna from the sky high unemployment. I've been receiving unemployment since the Colvard Apocalypse has started and since then I have been able to save 10000 dollars.

OK, I have like Amazon bills, phone bill range.

So you lost your job in covid? Yes. What were you doing lately? Off. I work with children with autism. OK, your job coming back. I had clients. Yes, yes. I have certain there's math in certain different things involved and you don't work one on one with them. Now winds are coming back with no income. Come back.

And when I go back. When do you go back? Are they letting you now think, well, that's kind of the thing. There's a lot has changed in the field so late because of covid there's maskin certain things that makes work a little different. So you kind of like have a little bit of room to roam. I've been a nanny on the side as well, and that allowed me to save. And and now I'm no longer doing that and going back to my work.

Can we help you?

Well, my question is, is with unemployment, you can work a certain amount of hours and still be able to receive unemployment. I have a major dilemma. I bought a car in November. I mean, August last year. The car since has thirteen thousand fourteen thousand dollars. I took the loan out and since then I've had an engine replaced, blah, blah, blah, and I'm paying for a warranty. OK, so now the car has gone from two hundred and fifty dollars to four hundred dollars basically a month because the wiki is 150.

I want to be I don't necessarily want to be rid of the car but the car because I want the car and the car. But I'm running out of time. What's your question. OK, my question is how do I get rid of the car or how do I pay off the car? Do I use the money that I've saved? So I keep the I keep saving for more and more. So. Got you. OK, it sounds like you're unemployed.

So I start with going back to work. Yeah.

Making more money to add to the 10000, get the car paid off and keep moving forward, get it paid off and get rid of the extended warranty and keep it or get it sold. So but isn't going to be based on your income and you need to get your income rolling again enough and keeping her from going back to work, she needs to go back to work. Yeah, it's time. This is the Dave Ramsey Show. You were listening to the best of the Dave Ramsey Show.

We'll be back soon with more live content. Our scripture, the day first, Timothy, for 15, practice these things. Immerse yourself in them so that all may see your progress. Benjamin Franklin said without continual growth and progress, such words as improvement, achievement and success have no meaning continual growth and progress.

Well, folks, investing is particularly weird out there when we have things going on like covid and businesses that are messed up by things going on like covid.

And some people get freaking out.

Let's get real. Sometimes you jump out of your retirement at exactly the wrong time. You stop investing at exactly the wrong time. Don't do that. You need to have a pro in your corner, someone that teaches you so that you make your own decisions because you're dealing with someone with the heart of a teacher. If you're ready to invest or you don't have a good pro in your corner, we all use.

Personally, I do. Chris Hogan does. We all personally use smart VESTER pros. These are people in the business of investing in the business of advising, and they have the heart of a teacher. They can help you do your mutual fund, help you do a roll over, help you get your kid's college started, help you start your Roth IRA. If you want to do that, start even something for your small business. Whatever it is with your investing side of things, they can do it.

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Smart investor Dave Ramsey dot com. It'll drop down. You fill out a little formal dropdown, a list of all the smart investor pros in your area, and then you pick the one that is best suited for you and that's how it all works.

David is in Martin, Tennessee. Hi, David. Welcome to The Dave Ramsey Show.

Hey, gentlemen. How are you doing? Great. How can we help?

OK, I'm 19 years old. I'm starting my second year college and I'm getting three thousand six hundred dollars back from the school, from access scholarships. And I'm on baby step three. And I'm not sure actually. Let's finish this baby step three for me. And I'm not sure what to do with the extra money from that. And my girlfriend's wanting to start a small business on the Internet, and I'm kind of with on that making t shirts and candles.

And I'm not sure if I should do that, invest it or just keep stockpiling money.

I would pile up money and make sure you graduate from school. You're just starting. Don't touch money. Leave it in a big pile. I don't care if you got thirty six thousand dollars. Yeah. What are you studying, David?

I'm studying chemistry right now for my bachelor's degree, but I'm willing to do what?

OK, so you got a lot of knowledge inside of you. You know you do, buddy.

That three thousand dollars won't even spit out, you know, so just pile up money, pile up money, any money you can get your hands on other than loans, pile up money and listen moving forward, David, you know, I appreciate I love business more than anyone else.

We teach and help people open and run and improve businesses. This is not the time for you to try to start anything with the girlfriend. So let's of this money is now saved. Let her know that that's the decision you're making. So there's no more discussion with it because, you know, I can see her and others have an ideas for you and this money, man, you got to plan for this. We're going to stockpile it and you're going to keep growing you and going to school.

You know, the 29 year old, you doesn't want to be telling stories to his friends about the time that he had three thousand dollars. He gave it to his girlfriend for a candle. That's not it. That's not a story you want. You made that story fast. You connected that really quickly. Yes. That's you know, or you may be telling the story where she goes and makes twenty million dollars and you wish you had. But I don't think that'll be the one.

Yeah, no, no, I wouldn't do that.

I would just pile up the cash. You are as a surgeon, as a chemistry major, you are the best investment you can make. A matter of fact is the best investment almost anybody can make because that's her investing in education that is going to pay off. So just make sure the money's there for that is pile up cash, pile up cash, pile up cash. This is all about you completing your degree. Caesars in Chicago. Hi, Cesar.

How are you?

Hey, how are you doing day. How can we help. OK, let them. Ever since I first time for the first time listener I discovered last summer I started it since you didn't think anything so far about a month ago. I'm roughly a hundred and thirty thousand dollars in debt which is a ninety four thousand dollars to the IRS. I'm trying to do what I can to to figure out what's the best way to tackle this. Uh, most of most of the other stuff is car or car loans and credit card debt.

I just went to CarMax this weekend and saw a vehicle, which I had some positive equity. Sixty five hundred. I don't know what to do with this money at this point. What in the world how do you owe the IRS ninety four thousand? It's a mess.

I mean, in 2015 and 2016, we have a business. You know, I I started a business with my wife. I pretty much try to manage the business myself, you know, try to do everything myself. And I kind of screwed things up. And it didn't help that I had a bad accountant. I contacted the IRS and there seems to be an issue. I guess we have to file a ten forty tax form to try to amount those taxes, you know, but while this is a process, I mean, I still have to start making some kind of payment because I'm getting some letters on the mail as far as.

OK, wait, wait, stop, stop, stop, stop.

So you're saying that the returns were filed improperly and you may not actually owe this money when you file amended returns?

Exactly. OK, but you you have you have some money. You said you had six thousand dollars from selling your car.

Yes. If I go and I am Kurgan baby steps, like I'm not a stop, just stop.

You're going to spend some money right now on a tax attorney or a tax professional that is a stud of some kind. And if it costs you six thousand dollars, it won't, but it will cost you two thousand dollars. This is job one right now. Yeah. Is you can you can take your hundred and thirty thousand and wipe out ninety four or a big portion of ninety four with some simple proper filing. You don't do that yourself. That's how you got here.

You go get a tax pro check Dave Ramsey dot com and click on our tax helps. If there's not one in your area, start shopping around. Talk to some business guys that are that are competent business people in your area. Ask them for advice on who a good tax attorney or a tax pro is and let them dig in. I don't you don't need to do anything. Don't worry about baby steps. No, this is job one. IRS.

Yes, job one.

That's what you're doing. And Caesar, make the area of focus. Don't come up with excuses. Pick up the phone call. Set up a time to go sit down, gather up, find out all the documents you're going to need because you're going to have to do legwork here. But trust me, it's worth it because it's dealing with the IRS.

You know, you're a good tax professional. I can tell you if you need to get on an installment plan and what level you need to do to get the barking dogs off your heel while you get this stuff filed. But dude, you don't wait thirty seconds. You get this stuff filed. Now, this is an overdue term paper, and you've you know, this is killing you. And these people have unlimited freaking power. It is unbelievable what they can do to your life if they choose to.

So I really, really, really want them to go away. Yes. I want you to get the paperwork done and you don't have anything that's more important in your life for the next two weeks than get all of this filed as soon as possible. Don't don't drag it out three months. Don't drag it out two months.

File the stuff, get with somebody, get the work done. Yeah. You state, you know, get you a cup of coffee and work into the work into the wee hours of the morning, get this done, whatever they do.

Because here's the reality. Some tweaking and the proper filings again has the ability to wipe some of this out. This is a this is a huge opportunity. Sounds like a good portion of it comes wiped out. It really like they've impugned it on him because he didn't do proper filing and they guessed. That's right. And the IRS never guesses lo lo.

It's a rule of theirs. It's written somewhere in a book. I'm sure I've dealt with them. Oh, God, no interest in the penalties on this stuff.

And it all goes away with properly amended filing or a large portion of it does then get that's the stuff you should have been working on all these years ago. Yes. And then once that's out of the way, you're down to just forty thousand hours worth of debt. Now you got to check your desk. That's right. For Shogan. Good work today. Thank you, sir. It's a pleasure to be with you this hour. The Dave Ramsey Show on the books, thanks to James Childs, our producer, Kelly Daniel, our social entrepreneur.

I'm Dave Ramsey, your host. Back with you before you know it. In the meantime, remember, ultimately only one way the financial peace, and that's to walk date with the prince of peace. I have a friend or family member that needs a daily dose of Ramsay advice in their life. Let them know about the Ramsey Call of the Day podcast. It's a quick bit of advice about life and money. In under ten minutes, check out the Ramsey Call of the Day podcast wherever you listen to podcast.

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