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Live from the headquarters of Ramsey Solutions, broadcasting from the dollars car rental studios at the Dave Ramsey Show, work that is down SCAG in the paid off home mortgage has taken the place of the BMW as the status of choice. I'm Dave Ramsey, your host open phones this hour. Anthony O'Neal is our primary personality, is our co-host today here on the show, Open Phones, Triple eight eight two five five two two five.

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That's triple eight eight two five five two two five.

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Daryn is with us in Los Angeles starting off this hour. Hi, Daryn. How are you?

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Good, thank you, Dave and Anthony, for taking my call. Sure. Let's try to make it quick. So basically, I'm considering moving out for the first time. I'm 25 and the only dad I have is a carpenter. It's about seven thousand four hundred and I have about 4000 saved up. And my concern is moving out. Should I go and rent first? Should I stay home longer and save so I can buy something?

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What are you doing right now for career wise up? Daryn, I just started a job three months ago doing sales.

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And and how much how much you make a year is it? Commission on. Yes, actually, commission only and on average, I've made about three thousand six hundred a month, OK?

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And you're living in Los Angeles, California. So, you know, I'm from the area. My brother lives in Los Angeles right now. Average rent out there is going to run you in between 19 and 20, 300 hours month for just a 500 square foot apartment.

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And I live farther out into the valley, so it's a little less expensive. I think the cheapest I found is like between one thousand two hundred and up. OK, here's going to be my suggestion.

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You have 4000 dollars in the bank. You have 7000 miles on your car. You're young, you're working. You're not using your parents just to be using them. I'm going to say give yourself one more year. Pay off the car, Dave. So that I mean, like what I'm going to say. I want you to pay off your car. I want you to get some more money, your emergency funds, because once you step out into the L.A. world, the cost of living is is a little bit more expensive than twelve hundred dollars a month.

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So that's going to be my suggestions at this time.

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I wouldn't wait a year, OK? I would go faster than that. If you're going to stay home, then put 4000 dollars on the car today and pay off the car next month and then pile up a little cash and that'll give you a cushion. By then, your job should be stabilized. And I think you can be gone by Christmas. Yeah, that's me. Yeah, you know, I was just nervous about going out there with the Carland that's saying something that is, I think every day for downlinked 3000 next month, you ain't got any overhead.

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Yeah. So if you make three, if you make 4000 next month and you put 4000 on it today, that that car's paid for next month, then the next month you save up three or four thousand dollars to make your leap and you make your leap with no car payment. You're out of there by Christmas. All right, that's what I'm doing. I can rock with that, are you. Is that 3000 or is that a gross net?

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OK, well, let's call my school.

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Yeah, well, well done. I mean, you can by then, you also kind of have your your you know, your straight commission job. You will have proven yourself to yourself. Yeah.

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Then you know, you're going to be OK. So I'm just big on letting go of the seat so you can ride.

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I'm not going to run along behind you and hold the seat very long.

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Now, that was a daughter. Would you say the same thing? Absolutely.

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Hmm. Absolutely. None of mine live with me after college. Denise did for three months while she was just getting organized. But that was it. And it just really good for your emotional development to buy your own food at the grocery store and pay your own electric bill. I like just it just it just changes your manhood, your womanhood. It just changes the sense of adulthood and and really good things happen in your life from from that.

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And I agree, if there was some kind of a crisis or some kind of a problem or something, that's OK.

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But but, you know, let go of the seat, let the bike ride.

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I know they're going to wobble. Yeah, Weebles wobble, but they don't fall down.

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You remind me of my dad. He did that to me.

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Hosea's is where those houses in Miami. Hi, Jose. How are you? Say, Dave, Anthony. Hey, guys, good man, how can we help? So in that context, I'm 20 years old. I have one year left pursuing a bachelor's degree in finance, no debt for college, nothing at all. About thirty five thousand dollars in the bank. But I drive a 2002 Mazda has one hundred and sixty one thousand miles on. You have how much in the bank?

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Thirty five thousand. Thirty five thousand dollars. OK, good. You have and you have a worn out Mazda. What happened to it.

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It's just 2002 right now. It can go over thirty miles an hour. You can't shift to like third gear my car up. Yeah, I just you know, I'm a penny pincher, and so I just I wanted to call you by a car. I'm not I'm a penny pincher, too.

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But you're you're almost workin, man selling because you have a you have 35000 dollars.

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What are you going to spend on your new car? How much you're going to spend? On the trip, I'm assuming that the transmission towers are going to begin here with, you know, your Houpt is gone, get rid of the whoopty. We're not fixing the hoop to get rid of it.

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You're going to go buy a car. You have thirty five thousand dollars. How much are you going to spend on your car? That's why I'm telling you, I don't know. I don't want to I, I don't care. What do you think it is? What do you think? Probably, I don't know, 15 to 20 K on a decent card. OK, why don't we say ten?

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Yeah, OK. I mean, it's ten times the car you got now.

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So yeah it really is. Yeah. Yeah. If you go. But you could buy the car. A ten thousand dollar car is ten times the car you got when you got now it's over a thousand dollars. Yeah. And you still got 25000 dollars a year, your savings account. Take the one you got now over to the salvage yard. Ask them what they're going to give you for it. Hand them the keys. Call Anubha and go the car and buy you a car.

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Yeah. Or vice versa, go buy your car and then drop the puppy off, OK? I don't care either one, but dude like this is this is Tuesday. By Friday, you need a different car. Yeah.

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You've been limping and putting up with this crap and you're worried about your 35000 and just go buy your 10000 our car. You can get another one if you don't like that one. It's not it's not that big a deal. If you got a job, I say go buy you a car today.

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Tomorrow. I mean, go, go, go. Miles per hour.

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I'm just saying buy the other week. Have this problem solved. He's been wrestling with this problem a while.

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Yeah, I think. Yeah. And he's been putting up with it because this car is the lane. Yeah.

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I mean if you're broke you got to drive the whoopty right. But he's not broke. He's done a great job saving money, especially at his age. Wonderful job.

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So yeah. And never buy a car. That's more than half your annual income. The total of all your vehicles, things with motors, things with wheels goes down in value.

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But but you know, but you can if you'll start shopping around, you can get a great vehicle.

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Yeah. For ten thousand dollars a great vehicle. And it's going to be just a you don't feel like you just bought like the finest car in the world compared to the crap you're driving. I mean, it's just awful. Yeah. I've been in those kinds of things and I don't blame him. I do it. And you got the money. Way to go. I love it. This is the Dave Ramsey Show. Do you have student loans, I need you to tune in right now and listen, I've been telling you to refinance your loans with Splash Financial.

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Here's what I don't understand. Many of you who have been prequalified to refinance your student loans to better rates have not finished your dadgum applications. So this is simple. Finish it. You could save thousands and you pay nothing to refinance. Go back to splash financial dotcom slash Ramsey. That's how they'll know you're one of my listeners. Splash Financial Dotcom Ramsey. This is the Dave Ramsey Show, Anthony O'Neal is my co-host, Remzi personality this day on the show, Open Phones, a triple eight eight two five five two two five.

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Jared is with us from Lexington, Kentucky. Hi, dear. How are you?

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Hi, Dave. And I hope you guys are doing well. This is kind of a quick little background. My wife and I started following your plan, Dave, about three years ago. And other than our home, which we are less than 100000 dollars on your debt, pretty good. Kind of a unique situation that's come up with us, though. The house that's next door to ours has went under foreclosure and is going to be going to the master commissioner sale very soon.

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And I wanted to find out, you know, if you thought it was a good idea that if I want to go ahead and try to buy that property, unfortunately, I would have to take a mortgage on it. But I would have a down payment that I could put down on it in order to go into my property is just kind of a unique situation. And I wanted to kind of see I'm on the fence with it. Either way.

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I just want to say, do you think it's a good idea? Bad idea? What I do know, I don't borrow money, and so I would be unable to do that deal even I would, even though I would want to badly run.

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OK, that's kind of that's exactly what I'm thinking as well. And you've kind of settled down, and I think I'm good to go.

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You know what usually ends up happening when I walk away from something like that? Obviously, you're going to miss that foreclosure sale, but you're going to get yourself in a position that the next time something comes around, your house will be paid for and you've got a pile of cash. And the next time something comes around, you'll be able to jump on the opportunity. And it might be that that property goes through some kind of a process and ends up back available again.

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It's not that unusual, I I tend to see these things come around when I'm ready and after I walked away from them when I wasn't ready, does that make any sense? Absolutely. Yes. And it's not a it's not a certainty.

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I just see a rhythm of that in life that it tends to be that God's like this is a test. Oh, you pass the test. You didn't go borrow money. OK, well, I'm still going to serve this up to you later, but in the proper way. And, you know, buying it with cash would be the proper way if you're calling Dave Ramsey.

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Anthony, we don't borrow money, we do not borrow money, even if it makes you want to really, really, really do it.

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But just don't do it, Dave. Man, I think the closest the biggest temptation I ever had was the other office building.

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I had the option to purchase that for five million dollars for five years. The value during that time was went to 12 million. So I could have bought a twelve million dollar building for five million dollars. And I'm you know, at the time I did the option, I had no money. Yeah, yeah.

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Five years later, I'm got I'm scratching to get the last nickel out of the corner of the couch to get the five million dollars together.

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And man, I was so wanting to close on that thing and I did, you know, but it was I waited and waited and waited and waited, waited, pay cash.

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I did buy it and I bought it for five you and it's worth thirteens work about 16 million now.

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Wow. So I got a deal on it. But man, if I had missed that by 500000 bucks and not had the money, I was, I would have cried.

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But I'm not going to I'm not going to borrow money because I truly believe as a person of faith, if God wants me to be managing that asset for him, which I don't own it, I manage it for him, that he's going to make a way for me to do that.

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And it's not going to be borrowed money because I can't find borrowed money in the Bible except as a as under the heading of foolish. Trust me, I've been there, Dave.

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I mean, especially with this these last three months, so many foreclosed condos that, you know, I can get in to them. But, hey, I don't have the extra cash sitting there to go and buy him at a cheap rate to flip them or to turn them into Arabs. So, yeah.

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And thank God you're not there. Airbnb business right now. Yes, sir. I mean, because you'd be in the mask business instead.

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What a mess.

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I've been a mess. Been my whole mess because I'm in trouble. Absolutely.

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I am in trouble. I understand your temptation, Jared. We all are there now. But I stick by the principles.

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The principles have gotten me peace. They've gotten me the wealth and they've gotten me when covid hits.

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I don't have a problem financially. I'm financially immune.

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And so I don't I don't make myself susceptible by lowering my financial immunity.

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And I was just thinking, Dave, those principles will make you do things that know that no one else can understand. Exactly.

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But in the future, everyone else would jump on board everybody else when they look up and go, oh, look at that, he's got millions of dollars.

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Go figure, you know. Yeah. And yeah, he'll make the president seem like what in the world but the future will be like, thank God. Yeah, exactly that.

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You see. And because you cannot anticipate the negatives or the positives that are going to come, who can anticipate a pandemic. Right. I mean, I didn't see that people could even spell it a year ago.

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I mean, and they're out there buying crap and they're in a mess. And and then this thing slams are dadgum job in the you know, their foot in the door. Yeah. They lose their job and now they got a mess because everything I couldn't afford the payments and now you can't.

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And so, you know, it's just your wake up call and we're going to help you.

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We're going to show you how to never be there again. Yeah. Yeah.

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Open phones at eight eight two five five two two five. Sabrina is with us.

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Sabrina is in California, Riverside.

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To be exempt, but be exact, I Sabrina, are you hiding from Anthony? How are you? OK, don't go. What's up. Thank you. Thank you for taking my call. I just I wanted to ask you a question regarding something having to do with my credit. I about three years ago, I returned back to school to pursue my bachelor's degree after about twenty five years and I'll be done in the spring. I gifted myself last week with paying off my student loan before I graduate because I started listening to you and realized there was no need to save some money.

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I might as well just pay off my student loans. Cool. So I was excited about that. Yeah. The other question I have is a couple of months ago something showed up on my credit from Charter and I do not. I wanted to start service with them, but it never happened. And they put it on my credit. I never provided them with my Social Security number, my driver's license number, none of that. But somehow it came up on my credit and they never provided me even with a day of service.

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So I started disputing it. But just wondering at this point if I should just pay it off or continue with it. This year, it's only about a hundred dollars.

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Have you called them Sabrina? They ask him what's going on? I, I have. What are they saying? When I called them, they said they were supposed to come out to start service. They said we were not coming out until you pay because you are supposed to start service. Several months ago I said I was supposed to, but you guys. Could not start the service, there were issues with airlines or other issues, they said, we don't care, you need to pay.

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So that that was four or five phone calls that I had with them. That sounds so weird, saying very weird, how much is that, how much is it, 100 bucks?

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So it's about a hundred dollars? Yeah, it's very little. So this is your cable provider, right?

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There was supposed to be, correct. Yeah. It just depends on how much you want to invest in the argument.

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Oh, I have a tendency to just climb the tree and just go, you know, just just start shooting at them. And so I but but, you know, is it worth 100 hundred dollars worth of your aggravation? It's up to you what you want to do. Obviously, it is not something that you feel like is validated or that you owe.

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And so I'm you know, how abrasive and how persistent, how many hours of phone calls do you want to do to try to get to a supervisor to try to find somebody and say, you know, I'm going to sue you people if you don't fix this because you never provided anything and you charged me for something that you never provided and just choose some.

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But if I'm going to pay the hundred dollars, I'm going to have a hundred dollars worth of. But you and involved for sure. I mean, I will check somebody up just for the just for the entertainment value of it. You know, you got to have you got to get your hundred dollars worth, you know. So but you know how. But are you going to spend seven weeks on this and actually spend ten thousand dollars on an attorney.

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No, no. But I'm just going to light somebody's fire only to try being nice. But it didn't work, so I will get some value out of it. No matter what time of year it is, focusing on your family's financial plan is always a smart move. I get questions all the time about where to start and what to do first. Getting term life insurance needs to be a top priority. I recommend 10 to 12 times your income and lock in rates for 15 or 20 years.

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This gives you plenty of time to get out of debt and build wealth. I've been recommending Zander Insurance for over 20 years. They understand and live the strategy and will take the time to help you find the most affordable term life rates. Go to Zander Dotcom or call 800 three five six, 42, 82.

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Since we started Financial Peace University in 1994, over 50000 churches have held a class. The classes were taught by us on videotape back in the day, a VCR, then on DVDs and now on streaming.

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Of course, Anthony O'Neal, Rachel Kroos, Chris Hogan, me are the teachers of Financial Peace University. But the key to Financial Peace University has always been the coordinator.

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The FPU coordinator coordinates the class, facilitates the class, causes the discussions to occur after each of the particular lessons. And the big thing is their encouragers.

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They encourage people who are struggling, who are scared or who are actually doing the wrong thing, and they encourage them to start doing the right thing to get their budget going, those kinds of things. So.

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You know, wonderful people doing wonderful work and we're honoring them this week by talking to a few of them, Judy Zimmermann from San Antonio, Texas, is on the line, one of our financial peace university corners.

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Hey, Judy, how are you?

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Hi, Dave. I'm so excited to visit with you. And it's my honor and blessing to be on your show. Well, thank you, Anthony.

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We are just thrilled to talk to you. How long have you been a financial peace coordinator? Yeah, I started doing this back in 2010, so I'm really blessed to be working for an incredible firm here at RPK Architects and it's my first and only job after I graduated from college back in 1986. Wow. I was really we were built on a culture that focused on our people giving a genuine sense of caring, compassion. And one of the things that we really pride ourselves on is our benefits package.

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So since I had my personal journey of being familiar with Financial Peace University, a co-worker, and I thought it would be a really great idea to offer a class or a church, open it up to our office staff and spouses as an added benefit. So it was really easy for us to bring it to our firm. And so that first class back in January of 2010. We had attendees. We were thrilled with the interest and the experience through that, and I still have to this day and it's in my office in a frame which is from the very first employee who wrote us back, just saying thank you so much for organizing this class.

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It was really life changing for me. He said that this class was better than any RPK bonus profit, split promotion or pat on the back. You find it sincerely the budget nerd. Oh, OK.

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That was a hook, line and sinker for me to get involved and engaged.

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So you've been doing it for ten years? Yes. Yeah, it's been great. Well, thank you.

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That's amazing. How many people have been through your classes? All you've been doing it for 10 years. Oh, gosh.

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I think I have a total of probably two hundred and fifty, which has been through the ten years. So most of the classes have averaged anywhere from thirty five to forty. Of course the best class I think I had was a class of just two. You know, it matters not the size of the class, but the number of lives that what if we can make a difference for just one. So it's been a true blessing for me.

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And speaking of that, you know, the lives that you're blessing, you've been in it for ten years, Judy, and you've you've helped 250 people. Can you tell us one story of one of the people you've helped, that really their story just really blessed you and you've seen a huge shift in their life.

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Each class has its own extreme personal connection with me that I think I get choked up and teary eyed with each individual story. So I guess what for me has really been my blessing is just my own personal story. And I find that, you know, when we can be vulnerable and share our own challenges in life, how better we can connect with those who feel like, you know what, they aren't alone. And so my story is really from my small family farm that I grew up in in Iowa.

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And I got at a very early age, I was a knock on the door when I was a college student in 1985, getting the news that my father was killed in a farming accident. My dad was my incredible mentor in life. And not only was he an incredible farmer, but an incredible businessman as well. And he really had built our family farm. That was in our generation since 1888. He had it at a really, really good place.

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Well, in the mid 1980s, nineteen eighty five, we know where things were starting in the economy of our nation and our family farm. We just struggled. We really hit it hard with all of life. And losing my dad was certainly a terrible gap to fill. But yet my mom, it was her life and her whole heart. I was there living on that family farm. So us kids kind of struggled. And it took us 15 years to struggle and realize we didn't know what the heck we were doing.

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And so we were really in over our heads and we had accumulated a really, really big pile of debt, well over a half a million. So we were about to lose everything we had started. My husband and I had started hearing about Financial Peace University, and I thought, well, wait a minute, this is working so well in our personal life. What if we bring it into our family farm and business steps as well? So we kind of cleaned out cash, rented everything.

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But yet your whole story of slow and steady wins the race. We started that back in 2002. And in six months from now, our family farm will be one hundred percent debt free. Wow.

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So you go on.

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I hear you say that we're so grateful that, you know, my siblings, my mom, who's ninety three years old, we are just going to be able to have this farm around for many generations to come. And it could it's no greater blessing. It's really our mom's little piece of heaven here on earth. So grateful for that.

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So we've started the. That's an incredible story. Yeah. So we've started the virtual classes. Have you let one of those up? Yes.

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In fact. Oh, my gosh. For me, being a rookie is like, oh, a virtual kind of scares me. However, just this past year, starting in March, my daughter actually and her husband, my daughter Michelle, who's going to be twenty eight in September, and her husband Travis had planned to lead through their church in New Braunfels. And so I definitely committed. Yes, absolutely. I'd love to assist you with their very first class of leading.

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So we were excited. And then of course what happened in March, but covid hit. And so with all the concerns, we went ahead and postponed it for a bit. But then. We chose, you know what, we better go with the virtual class, and although I was very anxious about this new format, as I absolutely love meeting in person, it really ended up being such a huge success. I was so proud, very, very proud of my daughter and her husband.

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They did a great job of coordinating. And it was really just fun for me to see that it matters, not the format. We still have opportunities to touch lives and change lives as well. Absolutely.

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Well, you have done an incredible job. Thank you so very much, Judy, for leading all these classes all these years. And and what a great story on your family farm being cleared after all these years. Very, very well done. So beautifully done. Beautifully done. 16 million people out of work, folks, right now. They're not sure how to make ends meet, some of them are really scared. And some are ready to say, you know what?

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Never again, never am I going to be in this position again. They don't want to be out of control with their money anymore. As a community, as a nation, we can start to give people hope when they need it most.

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If you will lead a financial peace university virtual group right now in the month of September. Coming up, we will give you Ramsey plus membership for free for a year. That's a deal, that's a huge deal. That's a great deal, and you're going to have the benefit of having a front row seat for people changing their lives. It is a very cool thing. You get you get to pass along hope to someone who's struggling with a lack of it.

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If you want to be a coordinator and get a free Ramzi Ramsey plus membership for a year, a virtual coordinator in the month of September text the word unity to 33 789. Unity 33 seven 89. This is the Dave Ramsey Show.

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Our scripture, the day Psalm 37, 23 and 24, the steps of a man are established by the Lord when he delights in his way, though he fall, he shall not be cast headlong, for the Lord upholds his hand. Abraham Lincoln said the probability that we may fail in the struggle ought not to deter us from the support of a cause we believe to be just. Open phones here at triple eight eight two five five two two five, Anthony O'Neal Ramsey personality is my co-host today here on the air.

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Jenna is in Cleveland, Ohio.

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Hi, Jenna. How are you? Hey, I'm great, how are you? Better than I deserve. What's up? I have a question regarding the baby steps on baby step one. You save a thousand dollars. And then you finish baby steps, you and then on baby step three, it's three to six months, do you roll that thousand into baby step three that your emergency plan for your emergency fund?

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No, it's just becomes you raise your thousand up to you, roll it in to it. You raise it up three to six months of expenses. There's no point to have a little sod one thousand dollar emergency fund the rest of your life. That's just to keep the little bit of stuff away from you while you're working your baby. Step to. Wonderful. Thank you so much. Well, that was easy, yeah, easy peasy. Hey, thanks for calling, Jenna.

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We appreciate it. Julie is in New York. Hi, Julie, welcome to The Dave Ramsey Show. Hi, thank you for having me. Sure. What's up? So I have a quick question about my student loan payments, so I have a good amount of student loans. I still have to pay off, but I got really lucky and got accepted into a loan forgiveness program that will pay off 50000 every two years that I worked for this clinic.

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I was just wondering, every two years it pays off 50000.

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Yeah, but unfortunately I have a lot more than 50000. So what's a lot more?

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How much do you have total. Yes, I have around one. Sixty five thousand still.

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OK, but they're going to pay off 150 over six years. Exactly.

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It's not guaranteed. I still have to reapply, but it's a high probability as long as the funding is still there.

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So let me get this straight. The first two years you've already applied, you have that one accepted.

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And I'm starting it now. Yes. OK. Have you gotten that 50000 in your hand yet? It will be deposited by October. Wow, that's wonderful. I mean, I've never heard of this. It's very cool. Well, this clinic is doing it. They've got funding, apparently, to do it right. It's like a government clinic, and so the money comes from the government. Right. OK, excellent, excellent. Cool. So what are you making?

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What's your income?

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One twenty five. So what's your question? Yeah. So basically my question is, do you feel like it is advisable for me to put in the lump sum fifty thousand and then keep paying off my debt with my personal income, or should I sort of just apply every two years? And if I don't get it, then whatever I have saved up and put that towards. Well, I mean, the first 50 for sure, we're going to throw it on there, right, and then right then what I would do is.

[00:33:31]

You know, I'm going to just pile up cash as if I was paying on the debt, and then if one of the 50 doesn't come through, you just write a check and pay it off.

[00:33:39]

So you would advise that I don't make any more payments than for the next two years. Right, but I would pay the cash, I would pay the money into a savings account so that you can pile up the cash. OK, gotcha, and not touch it, and then if I don't end up getting the loan forgiveness again. Yeah. So you'll have 150000 left starting in October, right? Right. So I would put 150000 into a savings account as soon as I could.

[00:34:08]

Gotcha. And then every time that they pay 50 down, you release, you know, 50 from your savings account into the rest of your investment program.

[00:34:18]

But when you have hundred and fifteen thousand savings and you're on this program, we're going to take advantage of this program. It's incredible. Yes, very unusual. Very unusual.

[00:34:26]

Yeah, OK. I just I wasn't sure because of, you know, job security and all of that stuff, but yeah, that does make sense. Yeah. Wow. Way to go. Yeah.

[00:34:36]

Polit up as fast as you can possibly it treat it like treat the savings account like you're paying off the debt with the same intensity and you know then you're completely free that way.

[00:34:45]

You don't have golden handcuffs to the clinic. If you decide you want to go do something else, you could just pull the money out of savings, pay off the debt and move on right out.

[00:34:53]

Mm hmm. Yeah. And if I'm not able to work for whatever reason.

[00:34:57]

Exactly. If you start a family and want to stay anymore or whatever, then, you know, you've you are out of dad.

[00:35:04]

It's just a matter of how it's going to get paid, whether it's from the the continuation of these 50000 dollar downstroke. That is sweet.

[00:35:11]

Yeah, it's definitely sweet upshot. For the first time, I'm actually shot the government.

[00:35:17]

There's some there's a few of those out there floating around.

[00:35:20]

And that's why we don't never want to say, you know, student loan forgiveness is all bad because most of the time when people call, they're asking about student, it's ten years and that's the program the government's not doing. It's got 93000 applications. Five people got or something is silly. You don't you don't invest in that. But this is a real program. And I've heard of these several times over the years and they do work.

[00:35:41]

But but it all is about the funding and whether or not the budget keeps being passed that way or whatever. So you're just to be real careful with it.

[00:35:50]

Dana is in Austin, Texas. Hey, Dana, how are you?

[00:35:56]

Hello, thank you for taking my call. I appreciate it. Sure. What's up? OK, I just received notice on Friday that my job is going away, possibly. It's still iffy, but I work I work public. And I went public because I already had six years in and they have retirement and I am 50. And so it's like you mean you want to talking by the retirement public, you went to work for the government. Yes, I work state.

[00:36:38]

OK, I got you. All right. She worked for the state again. Yeah. And so that has a high probability of going away. But I have a choice to where I could take a risk and stay there and maybe have something. Or I can try to find another job and go private. The good thing about being private is, is that with my with my job and my experience and things, I would make a little bit more than double of what I'm making now.

[00:37:17]

Do it. But at the end. But the industry is highly volatile.

[00:37:21]

All industries are highly volatile. They just told you the state they were laying you off right now. What part of future does that make you feel?

[00:37:31]

Well, not as secure as I felt, but the point is, security is an illusion.

[00:37:36]

Take the money. OK, OK. Because I was worried about, you know, retirement.

[00:37:46]

When you make double the money, you can probably figure out a way to save some money for retirement. Oh, yeah. Yeah. I've we've we've been doing very well saving Goom and when you make trouble you'll be doing even better.

[00:38:03]

Yeah, yeah, yeah, that was my question was, you know. I'm kind of trying to balance the two in the name of security, you have given up a security. Very true. Don't do it again, it's an illusion, the security is the value that you have placed on saving money. That's where your security comes from, the value that you placed on being in control of self-control and self destiny. And, you know, you go take that double money and save you up a pile of money, girl, and don't let the door hit you in the butt when you leave the state.

[00:38:40]

Get out of there.

[00:38:42]

Goodbye. OK, see you tonight.

[00:38:45]

Yeah, go. Go do it. I mean, go have some fun, make some money. And if it's volatile, go get another one and then go get another one. You obviously are employable. Yes. And that's a big deal. Yes. You're only as secure as your ability to land another job of it.

[00:39:01]

Your skills are what make you secure. Yes, I like that, Dave. That's where security comes from. Love it. Love it. Love it. That stuff. Hi, Anthony. Good show today. Thanks, Dave. Thanks for hanging out. James Childs is our producer. Noah Daniels, our associate producer and phone screener. I'm Dave Ramsey, your host. We'll be back with you before you know it. In the meantime, remember, there's ultimately only one way to financial piece, and that's to walk daily with the Prince of Peace.

[00:39:41]

Hey, it's Kelly, associate producer and phone screener for The Dave Ramsey Show. This episode is over, but if you heard about an event, product or service, it didn't have a chance to write it down. Don't worry. We list everything you've heard about during this episode in the podcast show notes or to Dave Ramsey Dotcom. Thanks for listening. Feel like you're in a rut and living life. Just going through the motions, build confidence in yourself and learn to trust the God who created you.

[00:40:07]

Check out the Christy Wright Show, where Christy inspires you to break through your limitations and create the life you're proud to live. Hey, all, I'm Christy, right? You know, it's so easy to feel stuck. You live life just going through the motions, doing dishes, doing laundry, carpool lines and a whole list of commitments that bring you no joy. Why do we live like that? That's why I want you to check out the Christy Right show.

[00:40:31]

Each episode will help you build confidence in yourself and the God that created. You hear more from the Ramsey network, including the Christy Wright Show wherever you listen to podcasts.

[00:40:44]

Hey, it's James, producer of The Dave Ramsey Show. This episode is over, but check the episode notes for links to products and services you've heard about during this episode. Thanks for listening.