Don’t Rationalize Stupid Money Decisions!

The phone number is 888-825-5222. So, George, when, sometimes when people think of Dave Ramsey, they think cheap. I don't like that. They think, if I'm doing Dave Ramsey, I can't ever have a life the rest of my life and that was happened early on in my career. I got associated with, you know, beans and rice, rice and beans, junk cars, drive the hoopty, drive the hoopty, never have a life, can't have any fun.

and that's all about Dave Ramsey. and the truth is that that's exact opposite of me. and so we had to try to communicate that to our team and we started saying okay, here's the deal. yes, you're gonna pay a price to win, but the point is win. That's the point.

So, live like no one else so that you can live and give like no one else. Drive a car like no one else so that later you can drive a car like no one else. Yeah, it wasn't the end goal. You know, and so the goal is not to stay, you know, be worth 80 million dollars and live in a cave, collect lint and only come out on triple coupon Thursday. That's not the goal.

Okay, the goal is to be outrageously generous, enjoy the money, to live like no one else. but you got to get your crap cleaned up to do that right? You got to get out of debt, you got to get your emergency fund in place, and then you hit baby step four, five and six, where you're investing and building your emergency fund, and now you're starting the process.

it was gonna be such fun. I had my bags packed. It was ready. I mean I was. we were so ready to go and, like weeks, you know, days before it was.

it was March 23rd. 2020 was the sale date. That's when we were gonna go and leave the dock right? No, no, no. not enough masks or flattening of the curve or vaccines on the planet to cause that puppy to sail.

It was done. But guess what? Today we are relaunching the live like no one else cruise. We are going, baby! It just took a little while.

We're going next year at this time and it went on sale today to the public, and as soon as it went out on the public and went out to our, you know, we sent out the email newsletter from the people on our database and so forth. we shut the cruise website down. We broke the internet. Oh boy. So many people want to live like no one else with us.

So it's all the Ramsey personalities. George Campbell. I mean you got seven days of George Campbell trapped on a boat with you, and Rachel Cruz and Jade Warshaw, and Dr. John Deloney, and Ken Coleman and me. I'm gonna be there the whole week.

That's right, and we're bringing some friends with us. y'all. It's gonna be so fun. It's Holland America, so it's an upscale cruise. It's not like Walmart on the one, okay, and some of those other ones, y'all know what they are.

Not a great value cruise. Yeah, this is not a value cruise. This is a fun upscale, because you're now, you're living like no one else. You don't need to come on this cruise, though, unless you're in baby step 4 or beyond, because that would a make us hypocrites and be. you wouldn't be following our system, because we tell you not to go on vacation until you're out of debt and have your emergency fund in place.

Baby steps 1, 2, and 3, and we're gonna stay with that. We stayed with it last time the cruise sold out in about. I think it was about four and a half five weeks. it sold out last time we did it and based on the response this morning, it's not even gonna last that long this time. Well, think about it in.

Oh, have you ever been to Turks and Caicos? Sweet! That water, so clear, makes Gomer say Shazam. I'm just saying. St.

Thomas. Oh, the US Virgin Islands. San Juan. The Bahamas. These are the stops.

and it's again. it's Holland America. It's a first-class ship and we're gonna have the whole ship. It's all just us. It's gonna be Ramsey people.

That's it. Live like no one else cruise. and I said we're bringing some friends. Stephen Curtis.

And a little-known secret is he's.

World-class chef, winner of Iron Chef and a whole bunch of other things, and she's become a friend in the last few years. We've done several events with her. She was at an event I did that we did just the other day at one of our one of our VIP events. Oh yeah. The man, that food.

She's gonna do cooking demonstrations, all kinds of fun stuff with Monique Chauhan. Dina Carter, country music star extraordinaire. I don't know how many Grammys or whatever she's got, but she's a big deal. Been around Nashville forever. We're bringing some of the country music songwriters.

We're gonna do songwriters nights and these two of the guys, Wynn and Phil, they've written some of the biggest hits out there, like Wynn wrote Waiting on a Woman. Oh yeah. Little song that Brad Paisley did. and so these guys are gonna be on there with us. It's got an incredible lineup.

We're gonna be talking and doing events and doing sessions all week and we're gonna play together and we're gonna splash in that blue water. That's on top of all the normal.

I'm gonna veto that. But we do have a world-class magician and comedian, Nate Bargetti's dad, Stephen Bargetti, is gonna be joining us. He's a hoot. He's amazing. That's how Nate got funny.

You've seen him open for him. And then Carolyn Xavier, a hilarious comedian, who even Dave loves. Oh, man, well, I.

It's stuff like that, right? So she's funny as card. I love her. This is gonna be great, y'all. It's gonna be March 22nd through the 29th, so about a year away.

A little less than a year away. 11 months away. And if you're in Baby Steps 4 and beyond and you want to go with us, it's the Live Like No One. Else Cruise. It opened to the public today.

We already broke the internet once. Let's see if we can do it again. Go to ramsaysolutions.com slash cruise and get your cabins and tickets and all that stuff while you can. Last time we did this, the whole thing was gone in just a couple of weeks, a few weeks. So we're gonna remind you about this thing.

But, as you can tell, we're a bit jazzed about it. And even though it brings back very dark and deep and horrible memories, but aside from that, we're very jazzed about it. So it's very cool. This is gonna be fun. I can't wait.

Go, get your.

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How are you? Hello. How's it going, Dave? Better than I deserve, sir. What's up?

What's the?

Obviously not taking on new debt. Okay, that's one. That's good. What else? You know, that's, you know, paying off your mortgage, you know, all that good stuff.

You know, I've been working on all that. I've been really chugging along the last couple years, made, you know, what I feel is amazing strides, and I'm just like, you know what? I feel like. I need to reward myself, man, you know? Are you out of debt completely?

Not completely, but like in a position where, like, given my income, the debt that I have is very minimal. What debt do you have left? So I have a house worth about $210,000, $220,000.. I owe $85,000 on it. I got a rental worth about $120,000 that I owe $60,000 on, and that's it.

I have a credit card that I owe $2,000.

. That's my business credit card for my rental.

. Okay, all right. And what is your net worth?

. Probably between $225,000 and $250,000, best guess. When you say a new car, are you?

And we've taught people that for 30 years. So I would buy a one-year old truck or a two-year old truck, if you can pay cash for it, and the guidelines that you're.

Yeah, so basically, should I save up my resources over the next few months instead of dumping them into my mortgage and pay cash for it, or just keep dumping it to my mortgage and just stride on for another year? No, if you want to keep paying down.

. Because this kind of is a want for you, it's not really a need, but let's pretend that it was an actual need, that you were driving a $2,000 car, making $250,000, and it was really time for you to move up, and you're on Baby Steps 4, 5, 6, right? Then we would tell you to just slow down, how much you're putting on the house, so that you could upgrade the car to something reasonable, because a $2,000 car in your situation will be unreasonable, right, George? Yeah, and the other piece here is, are you?

. I love that. I love that. What are you driving now?

Yeah. So, Alex, so what our?

That sound is $10,000.

That's how much you lost right then. And by the time you get home, it's almost another 10.. So the new cars just lose so much of their value so fast that we don't recommend you take that hit, unless you've got a net worth of over a million dollars. You can stomach it at that point. And.

Now that leaves you with 5K. I think you need to beef up that emergency fund. He said it's for the business and all this, but if you're playing, I wouldn't be playing that game. I'd get rid of that. Get you.

But the ingredients are there. All we're doing. You've got all the right things. And the good news is you're paying attention and you're really thinking about it. Annalie is with us in Sacramento.

Hi, Annalie. How are you? Hi, I'm good. Good. How can we help?

Based on the pricing. right now, we're not looking great for selling right now. It's kind of a lull in the area we're at. But that's why I'm debating on if we should be paying down the loan with the money. I'm saying that regardless of a lull in.

So I'm going to be thinking about putting this on the market very quickly.

Don't talk to me about. there's no rental property in Sacramento, California. Okay. You're losing money every day that you own a trailer. A trailer is a car you sleep in.

These are two back-to-back calls on depreciating assets. So you keep it as long as you want, and you rationalize it as long as you want. But every day you keep this, your finances are going the wrong way.

So don't rationalize that stupidity. Don't do it. You need to be thinking about how quickly we can get out of this thing.

I've got friends that are in the manufactured housing business. They're like, Dave, quit trashing us. I'm like, I'm not trashing you. You sell something that goes down in value. I'm just stating a fact.

That's it. This is The Ramsey Show.

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George Camel Ramsey personality is my co-host today. This is a fun day on The Ramsey Show. Some days we just sit here and do what we're supposed to do. And other days we get to have a lot of fun. I get to remind you guys, it's National Financial Literacy Month and that's a big deal, because financial literacy is a big deal.

Ever since I started talking about this stuff, everybody says, why don't they teach this in high school? Why don't they teach this in high school? Well, we do. We sell high school curriculum called Foundations in Personal Finance. 48% of the high schools in America have now taught it at one time or another.

We've had almost 8 million students go through it. It's pretty cool. So we're actively working all the time. Texas is in adoption right now, and so is South Carolina. And we're one of the approved curriculum.

And so the teachers and the administrators and the people who are purchasing the curriculum for the different schools is now required.

subject to get out of high school in those two states. And it is in several states. Thank goodness. It's good. You ought to learn how to balance a checkbook.

We'd have better congressmen if they learned how to do that. So it's good.

So there's that. All right. So, hey, one of the cool things that happens is we have companies and institutions and groups come alongside us and sponsor the curriculum to go into schools that can't otherwise afford to pay for it. And so we've got local businesses that do that. We've had other groups.

One of the groups that came alongside us is the Air Force. Now, that's pretty stinking cool. And the Air Force is one of our big sponsors on it. And so we've got Lieutenant Colonel Brian Ewing from the U.S. Air Force on the line.

And I want to talk about this a little bit. Brian and I have gotten to spend time together a couple of times. How are you? How are you, Colonel Ewing?

And so, yeah, I was talking with your folks there, the education team, Ryan Davis, Jeff Martinez and team. And they told me about this Foundation of Personal Finance and said, hey, we have this. And if you guys want to come alongside as you can. And so a couple of years ago, we said, well, let's dip our toes in the water. And we sponsored three schools there in the Tennessee area.

It went amazing. And we had such great results. We said, well, let's expand it over to Oklahoma and a couple other states. We went to 10 schools. And in this past year, we just we just went crazy with it.

And, you know, said, hey, we want to go after about 100 schools. And we were able to sponsor 92 schools.

come alongside. And that's 92 schools. And if you had a thousand students probably or more, that are going to go through this curriculum because of you all. And in the process, they're going to hear about the Air Force and find out that if you want to go to college debt free, the Air Force can cause that to happen. Right.

And so they learn. There's a good. it's a good. it's a good partnership in a lot of ways. Right.

They're hungry for information. They're hungry for opportunities. And I call it the. you know, it's kind of like a dog with a cone on his head after surgery or something. We have this cone of of knowledge that we just don't know about.

We know what mom does and dad does. If you're lucky enough to have both of those and maybe a teacher. But what we want to do is open them up to take that cone off and tell them about different opportunities, both on the educational, the job opportunity side, and whether they come in the Air Force or not. Let's set them up for success. And the teachers and the counselors are saying, hey, Air Force, come, come talk to my students.

And so everybody wins in this, from the student to the parent, to you guys, to us. I mean, our communities are better because of this partnership.

She said, I love your stuff. I was able to pay cash for a car because of you guys. I learned so much. I'm budgeting. And so the ripple effect, we'll never know as these people start families and, you know, affect their communities.

So thank you for what you guys do and the big part you play in that.

make sure those kids get the curriculum, you know, that kind of thing. A lot of you jump in, you can get in touch with us and jump in if you're out there listening and want to join this crusade of teaching the youngsters. I kind of have this idea, if we could teach them all to be financial literate, it could possibly change the nation. It'd be one of the things that did anyway. So, very cool.

And so, Colonel Ewing, thank you so much. Thanks for the sponsorship. Thanks for your personal friendship. Thanks for your heart and for your service for this nation. And we really, really appreciate you guys come alongside us and thanks for taking a little time with us.

Yeah, go to ramsaysolutions.

com slash sponsor. That's where you would go if you're a teacher and you need the curriculum. The Air Force just offered to sponsor it for you, maybe. You got a handful more, because apparently we need to get over 100.. We only got 92..

So, there we go. Dave likes round numbers. Yeah, well, apparently Colonel Ewing does. I'm just saying. And we don't argue with them.

We salute when the lieutenant colonel comes in the room. You salute, buddy. That's how you do it. So, and we appreciate you in all seriousness. And if you want to sponsor or help these kids out, ramsaysolutions.com slash sponsor will do that.

By the way, in honor of this month, we're giving for our teacher appreciation giveaway. Ramsey Education is. One teacher is going to win a $5,000 vacation. You don't have to be teaching the curriculum. You just have to be a teacher in the classroom, not a homeschool teacher, a teacher in the classroom.

You homeschoolers are real teachers too, but I'm talking about classroom teachers, okay? So, $5,000 vacation for one. Two more teachers are going to win a $3,000 vacation. No purchase is necessary. To register for that,

com slash teacher. And we all know a teacher. So send them a link to ramsaysolutions.com slash teacher and say, I hope you win. That's cool. So someone in line, a youngster.

She was working the register. She had just, she was a high schooler. Oh, she is currently in high school. Yeah. She said, Hey, last year I took the curriculum.

And so I run into these people all the time. One guy, I was in a target once and he just yelled at me, Dave Ramsey. And I went, sure, but I knew exactly what he was saying. And he, again, I went, how do you know? He said, I went through the curriculum and they're actually enjoying it.

They're engaging with it. I did a zoom call with a class this week, you know, 60 students out there asking questions. And the teacher has been doing this for 15 years now. He's been teaching this stuff. And it's just amazing the impact we can have on this next generation to be the preventative medicine.

Instead of the emergency surgery you've done on the show for 30 years, telling people to.

And we walk in, there's a young guy, like 16, 17 at the front. That's the, I've got greeters or whatever. How can we help you? or whatever? And I'm like, washer and dryer, he points that way.

You're Dave Ramsey. I'm like, good gosh, you're 16.. How do you know that? He goes, curriculum, same thing. I went through your high school curriculum and he goes, and your YouTube stuff, man, it's great.

And so we get ready to leave. We walk out, there's a girl standing beside him, also 16, 17.. She goes, I'm so into your YouTube. And I'm like, my wife said, you're just a YouTuber. now.

That's all you are. That's it.

I've been doing this show for over 30 years. And some of the saddest calls I have taken are from situations that are completely preventable. Yeah. And what's so hard is I feel like one of those, especially the ones that I'm like, oh, it's terrible. People that call in and their spouse has passed away suddenly and they don't have life insurance.

When you have to think through, how am I going to pay my bills in the middle of all that grief? It's just, it is, it's terrible. It's a life insurance is the one thing, especially as a mom with three little kids, that I'm like so big on for people to get because it's inexpensive. Zander is the place that Winston and I actually get all of our life insurance. And it doesn't cost much, because Zander shops among a gazillion different companies.

It doesn't cost much. You just have to admit that someday you're not going to be here. You got to say it out loud. And you got to say, I'm going to say, I love you to my family by taking care of them and taking the time to put this stuff in place. The cost of stinking pizza.

to get a free quote, call 800-356-4282.

. That's 800-356-4282, or go to zander.com.

Thanks for being with us, America. George Camel, Ramsey Personality is our co-host. George, there is a way that the listener, the viewer, can help us, and we need their help.

We know who you are.

We got, that's where this whole thing came from, by the way. We were little kids. They used to give us stars, but yeah. So anyway, now I'm still a little kid asking for stars. There you go.

And so, and follow. And hey, by the way, share. That's a big one. Let people know about the show. Thank you for that.

Wendy is in Phoenix. Hi, Wendy. Welcome to the Ramsey Show.

But it doesn't feel like that, because everything goes towards this debt that keeps growing.

. Okay, so let's pretend that he's making $200,000, because that sounds low. Okay, good. $180,000.. Do you work outside the home?

A lot of people, when they graduate from med school, get what I call dock-itis, because they've been holding their breath for 16 or 17 years, doing nothing but going to school. And they graduate and go, ta-da, I'm a doctor. I'm going to go buy a bunch of crap I can't afford. And that's what they usually do. That's dock-itis.

And so they buy a house, they can't afford, two BMWs, and a Mercedes as a spare, and start going on vacations, and still have $300,000 in student loan debt. You didn't do that. You only got $20,000 in car debt. That's good. So y'all have been fairly conservative.

But you're making $200,000 a year. So how much can you throw at the debt if you get on beans and rice?

. I mean, are they yours from a previous marriage?

I can read your book, because he was content to just make the minimum payment and income-based for repayment and live like that.

It's increasing so much value. We could list it for 1.1..

We have a few comps, a few realtors telling us that we won't be able to sell it unless we put in a backyard. And my debt is telling me not to listen to them and just sell it, as is, because we will make enough to wipe out our student loan, have the three to six months of financial reserves. We could rent for a while and just start building wealth and save for when we can do a home with a 15-year mortgage.

And so the selling of the home feels like a desperate slash, a leap, a lunge, rather than a carefully thought out, wise decision, because we've done everything else we can do, and we're stuck. Am I missing something?

We're going to budget for the special need. We're going to budget for food, shelter, water, clothing, transportation. We're going to lay all that at the two of you together. And then we're going to see how much of this debt we can knock off. And oh, by the way, you're probably going to pick up some hospital shifts and things, honey, on the weekends and get your income from 180 to 280..

And so we can knock this out quick and keep our home. Because I think that that's probably really what needs to happen. But until you've worked a plan, that the two of you are working together and you're making all the progress you can make, and you've squeezed every sacrifice out of that budget that you can, and you've worked that plan for four or five months and you still aren't making progress, until you've done that, I wouldn't sell.

But that'll at least give you a picture of reality and help you take the next step.

And no, we're not going to yell at you. We're going to help you. Okay. And y'all can do this, Wendy. I think you've got numbers that'll do it.

I don't know what you're spending on all these various issues with the children, but other than that, your budget sounds very doable. So I want you to dig in and really put numbers to all of these issues and then see where that leaves your family. If, after doing that for five or six months and you're from a point of peace, you make the decision to sell the house, I would. This is the Ramsey Show.

Live from the headquarters of Ramsey Solutions. It's the Ramsey Show where we help people build wealth, do work that they love, and create actual, amazing relationships. Number one bestselling author of the book Breaking Free from Broke and the hottest YouTube show out there, George Camel, with a K, Ramsey personality. He's my co-host today. Open phones at 888-825-5225..

Kristen starts this hour off in, well, I'm going to have to push the right button. There. it is. Kristen's in Syracuse, New York. Hi, Kristen.

How are you?

I feel more patient and kinder with my patients. I feel like life is more manageable than when I was full-time after I had my first baby. So I'm nervous to take on another endeavor.

I mean, it would be less.

well, my dad offered to pay for it. So I feel like I'm so grateful.

. I would like to have more money, like, for to be able to...

. And then I've brought in, like, $60.. And I'm very fortunate because I have a lot of support from my parents. So I'm debt-free. But, like, my mom...

And maybe the way he got to not working much is. his parents weren't motivated people. The family were people that sat around, did as little as they could do. But it's time to grow up now. You got kiddos.

And he needs to get his butt in gear.

Yeah, a lot more than you need to go back to school.

Y'all need to step up. No, you don't need to go back to school in this setting, because you're bailing this whole situation out. Because nobody's doing anything but you. And no, I think we need to address his work, career aspirations, and he needs to go be somebody. And then you can pick up more hours as a nurse.

And if everything's rocking and rolling, and you're quit taking money from your parents, and you're running your own lives, and you're doing pretty good, and you decide, hey, I really, I want to throw my shoulders back. I want to be a nurse practitioner. I really want to go do this for me. Not just because my husband doesn't work much, and not because my dad's willing to pay for it. Good Lord.

No, how about you want to go be somebody? That's when you should go do it.

So yeah, y'all need to, it'd be good for y'all. Be good for your mom and dad. Be good for your husband. For to have the dignity of running the lane by yourself, putting the ball in the hoop and go, we just scored. That's important for people.

The sense of I'm in control of my destiny. I know it, and I care about it.

And then, at that point, if you want to accept a gift, and your dad wanted to pay for that, that's fine. But this is all just masking over the fact that y'all aren't dealing with it. And that's what I want y'all to do for your sake. It doesn't affect us, but that's what-.

Then you can do that. But, you know, all college is not good.

The right college, the right study in the university is excellent. But when you get a degree in left-handed puppetry or German polka history, and that's not her, she's not trying to do that. And, you know, you're going to end up a deeply in-debt barista. That's what you end up. And so all college is not good.

That's not, you know, that's a misnomer. And we've told people a lie about that. And then we financed it, and we give a 17-year-old $100,000 debt who's never done anything.

Thanks for hanging out with us, America. We're so glad you're here. Open phones at 888-825-5225.. George, I'm so pumped about this total money makeover weekend that we are doing. It's coming up in just a few weeks, May the 10th.

And man, it's absolutely, it's going to be all the Ramsey personalities, May 10th and 11th, all day Friday, or Friday afternoon, all day Saturday. And we're going to walk you through everything from the very beginning, all the way through wealth and generosity. And by the time you leave, you're going to be so jacked that you're going to know you can do this. Yeah.

And we want you to be with us. The tickets are not sold out yet, but they're very close. It's May 10th and 11th. The Platinum Plus is gone. The Platinum, there's just a couple of, and the VIP, there's a few of, and then General Admission is available as well.

So we would love to have you with us. Be there. Don't miss this. We're going to walk you through every dollar. We're going to walk you through everything you need.

And bring your reluctant spouse and spend the weekend. You're going to leave all knit together, ready to go. And you can even bring your friend who thinks you're crazy because you're doing this Ramsey stuff. And by the time they leave, they're going to be crazy as you.

Welcome to the Ramsey Show.

And then I have about $160,000 in consumer debt. It's a couple trucks, a bunch of trailers, a bunch of equipment. It's all for my business. It all makes me money. I've cut the excess off.

I'm really, I've got a few loans that I'm starting to get to the point where I could pay them off here. You know, sometime in the next six months, I'm starting to buckle down and I'm not buying anything new. I'm trying to pay stuff off. I'm working 80 hours on a light week.

Yeah, I did that a lot. I did that all through my twenties. It didn't work for me. You got, you got to quit out. I mean, cause you, you're not afraid of hard work and you know how to make money.

You just hadn't had a figured out how to keep any of it yet.

I would hire someone if that the work that they are doing is going to make me more than they cost me.

Okay. So you said, I can't get all the work done. So you're going to be able to get the work done now and make that money that you couldn't make. If it was just you by yourself, that justifies a hire from a business perspective.

And what will it cost to hire that person? What kind of a, what kind of an income would you need to pay them?

How much has changed?

But, so I got debt, or, you know, I got loans to get myself started and get my foot in the door.

Yet 90% of my ideas actually, in hindsight, sucked. I made all of my money and my brand impact on the Dave Ramsey brand over the last 30 years. on about 10% of my ideas. I survived the other 90% of my brilliance, which was awful. And so that, you know, it's painful.

And when you go in debt, you magnify the size of your mistake. So what I would also prescribe for you, then, sir, I'm going to send you a copy of the book, Entree Leadership, which was a number one bestseller, on how I grew this business from a card table in my living room to what it is today, which is a $300 million business with 1,100 team members. Okay. I'm going to send you that copy of that book free. And you read it.

Thank you. Now, the two things I want you to do is don't buy a truck, hire a guy with a truck, Parker. And then the second thing I want you to do is you are also good at living on nothing because you work all the time. So I want you to take every dollar you can find and start throwing it at, list these debts on these, on these, all your debt, equipment and everything, smallest to largest, and attack at the smallest one. When it's gone, attack the next one.

When it's gone, attack the next one. And I want you to clear all of this debt in one year.

Cause you're, you know, you're 23.

. Just go, do it. You're amazing. You're amazing. Now don't screw this up.

Go, do it. This is the Ramsey show.

Thank you for joining us, America. We're glad you're here. Open phones at 888-825-5225.. Thanks for hanging out with us. George Camel, Ramsey personality, is my co-host.

Sarah is in Pensacola, Florida. Hi, Sarah. How are you?

Um, I've done a, I've done a budget on the app, on the every dollar app, and I am just consistently on the red. I've done everything to try to bring all my expenses down the best way I could, on just me and my two kids. I've done pretty good, but, um, what really is? it's my rent. Um, and I can't move until my lease is up because I don't want to break a lease.

So how long have you been out?

I'm so sorry. Um, okay. Okay. What do you make on?

. What do you do? Back for 55,000.. I am, I work for United States Postal Service.

Okay. Cause it's a, a filthy, horrible thing that you have endured and I'm very sorry for you. The next time he shows up, don't threaten to call the cops, call them, put him in jail.

No screwing around with this. He goes to jail. He violated a restraining order. He is threatening you and the children. If he pops up again, he's going to pop in behind bars.

I got your pop up, buddy. I'll put you, put you where you can't breathe. Okay. So I'm done with him. He's scum.

Okay. Period. And I've got to tell you that real, directly and real loud, because he has told you for five years, two things really often. And if you're not careful, you start to believe them. One is that you'll never make it without him.

And two is that he's really sorry. Well, he is really sorry, but I'm not talking about an apology here. I'm just talking about a sorry human being. Okay. So he ain't sorry.

He's abusive. And you are a thousand times better than he's been telling you for five years. You're going to make it. You're going to be fine. And we're going to put a team of people around you to make sure you do.

Okay.

And you are going to break your lease because you can't afford it. How much is the payment?

Okay. And the landlord is going to have some mercy and get the house rented to somebody else. And you're going to get something you and the kids can afford. You are not trapped and you can make it without him. You make $55,000 a year.

The lady that I'm talking to is articulate and intelligent.

So your payments are food, lights, water, shelter. What else?

Cause it's not his, it's yours. And he left two little kids behind, and he's not paying any child support, and he's going to get the benefit of doing that too.

Okay.

There's a whole form that does it. We can help you do that too. And then he gets to pay the 3000.. Ding, ding. That's how that works.

So what you, what you need, is you need some people in your corner that know how to fight some of this and get you back on balance. And we're, we're just the ones we're going to help you. Okay.

Say it.

Thanks for helping us, America. We're so glad you're here. Ken Coleman's Get Clear Assessment has helped thousands of people. Literally, almost 100,000 people have taken the Get Clear Career Assessment, and we're excited to announce his new book, Find the Work You're Wired to Do, which will show you how to enjoy your results and get specific in your job search and find work you enjoy. So who are you, who you are, why you're wired that way, what you want to do professionally, how to get there.

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It is happening now, baby, now. So you don't want to miss that. Today's question comes from Ethan in New Jersey.

The dealership takes the depreciation hit, and it only costs me $300 a month. I feel like I can't go wrong with this method. Am I right, or do you see this as a big scam? Oh, boy. Well, the reason dealerships push leases so hard is because it's what they make the most money on.

You're taking the depreciation hit, not the dealership.

So, yeah. No, it's not like renting a house. Not at all. Nothing like renting a house. It's just an alternate way of financing.

It is the most expensive way to operate a car, right?

And they're fooling you, Ethan. I guarantee you're a young guy. You like driving a nice car, but that thing's driving you. And so, no, this is different than renting for a lot of reasons. And at the end of it, you hand back in this car and you just get another payment and get another payment.

And you can do that your whole life and not build any wealth. That's the problem. Yeah.

So the best deal in the car world is a two-year-old to three-year-old car that you pay cash for. That's the best deal in the car world. And all of them go down in value like a rock. That's where Chevy got that. Like a rock.

And so, you know, it's, they lose their, you just lose your butt on cars. That's just, it just goes with the territory. And so there is no scam. There is no shit, no P that can be hidden under a different shell. that keeps that from happening.

When you're driving a $50,000 car in 20 minutes, it's going to be worth 40.

. When you're driving an $80,000 car in 20 minutes, it's going to be worth 60.. Just, that just goes with the territory. Okay. And so the trick is, is to drive the thing that costs you the least money and losses of value and in payments and interest, no payments and interest, while you build some wealth to where you have enough money that, that losing $10,000 doesn't matter anymore.

Because then you can afford to drive something that you're losing your butt on. And that's cars, boats, sea dues, side-by-sides, snowmobiles, zero-turn mowers, anything with a wheel or a motor. And don't talk to me about your $7,000 lawn tractor while your kid's college fund isn't funded. I'll yell at you for being stupid. Don't do that.

Okay. And that, this is the crap that we do in America, because we're all concerned about what we drive. And it's the largest thing we buy. that goes down in value. The old boy that called here years ago, and he's like, Dave, my truck payment's $700..

I said, how much is your house payment? I live in a double wide. It's 500.. I said, Roy, if your truck payment's larger than your house payment, you might be a redneck. Seriously.

Oh my gosh.

Tom's in Denver. Hi, Tom. How are you?