Joseph
Appearances
The Ramsey Show
Nobody Builds Wealth by Accident
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The Ramsey Show
Nobody Builds Wealth by Accident
Okay. Well, my fiance and I, well, I should say my fiance wants to move. We currently live at her on her parents' property in a back house while we're paying off our debt. And when we get taxes in, she'd like to pay off one of the loans, but then move.
The Ramsey Show
Nobody Builds Wealth by Accident
And I like from all the numbers I've touched, it's like, I'm trying to not break her heart, but tell her that we might need to stay longer until we pay off all of our debts before we add another bill expense.
The Ramsey Show
Nobody Builds Wealth by Accident
It's always we're getting a bit older just to get away from, you know, parents. Nothing wrong with parents. It's just something we want to move to a bigger place for the kids.
The Ramsey Show
Nobody Builds Wealth by Accident
My wife's a stay at home mom. And this year I made forty four thousand.
The Ramsey Show
Nobody Builds Wealth by Accident
I mean, I could pay off one loan, and that loan, that's $400 a month that I can put towards other loans. It's like paying off one, but it's times the hard variable. So I could pay off the biggest and then pay off the other ones.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Hey, how's it going? Good.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Good. It's just a real privilege to be on the show. It's kind of surreal. So thank you very much. I feel very honored. Appreciate it.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Well, so I just recently started a job going on six months ago. I do enjoy my job, and my bosses are great. It's a good company. I mean, I think they really do right by their patience. Um, and the thing that trouble I'm having is I am making less than I was expecting when I started because I am on a pay per visit scale.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
So my base salary is 73,000, but what I was initially told was on average, if I see a certain amount of patients a week, I would probably get around 85,000, but over my time working here, I haven't been seeing that, unfortunately. And it's not because it's not their fault, it's just external factors like patient cancellations and such.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Oh, sorry. I guess I should have mentioned that. I apologize. I'm a physical therapist.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Yeah, I mean... About $85,000 is what I anticipated making.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
There certainly are. I chose this particular setting just because I would work with the neuropopulation, and I liked what the company was about. But for me as well, I have a lot of student loan debt. Gotcha.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Two hundred and forty seven thousand. Yeah.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Yes, just because I've only been there a short time.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Oh, that's definitely possible.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Do you have any savings? Um, I do have some savings and I did have a sign on both. So I'm trying just not to use that.
The Ramsey Show
Getting Your House In Order Is The First Step To Financial Success
Majority of the savings. Uh, 4,000. George, tell him what he does.
The Ramsey Show
Stop Letting Other People's Problems Ruin Your Finances
Thank you. How are you guys?
The Ramsey Show
Stop Letting Other People's Problems Ruin Your Finances
I'm doing really good. Um, my question is, so, uh, just give you a little backstory. My wife and I are debt free. We're saving up for our fully funded emergency fund right now. And then, uh, we plan on to start investing from there, um, to fund our retirement. Um, but yeah, so we're super blessed. I'm grateful to be debt free, but so my question is though, how can we,
The Ramsey Show
Stop Letting Other People's Problems Ruin Your Finances
can we be sure that the dollar is going to maintain its value over the next 30 years since we are going to be investing and following, you know, what you guys recommend in like mutual funds, 401k, like, should we be worried about the economy or what are you guys' take on that?
The Ramsey Show
Stop Letting Other People's Problems Ruin Your Finances
Uh, so, you know, I'm, I'm, you know, I have some friends and they're talking about, you know, Bitcoin and all these cryptocurrencies and I'm not going that route, but, uh, I don't have a, you know, when they say, well, what about the dollar? I don't really have a good answer or a rebuttal as to why dollar is going to, you know, maintain its value over something like cryptocurrency.
The Ramsey Show
Stop Letting Other People's Problems Ruin Your Finances
So I just wanted to get, so I guess it's coming from, you know, what is trending.
The Ramsey Show
Stop Letting Other People's Problems Ruin Your Finances
Definitely. No, that's super good.
The Ramsey Show
Money Isn't the Problem—Your Behavior Is
Hey, thanks for having me on, guys. So my question is, I'm a disabled veteran and all my income is from disability. And I am not able to invest into a Roth IRA because of all my income not being taxable. What do you recommend the best way for me to start Baby Step 4? I just finished 3, and I'm wanting to start 4 now.
The Ramsey Show
Money Isn't the Problem—Your Behavior Is
Like I said, just finished baby step three. So I have all of my debt-free but my home. I own a house. How much is on the mortgage? I owe 201. House is worth 240. Okay.
The Ramsey Show
Money Isn't the Problem—Your Behavior Is
No, there's not. I'm just unable to work because of PTSD. Got you.
The Ramsey Show
Money Isn't the Problem—Your Behavior Is
Now that you mention it, I think I'm able to make about $15,000. I'm able to make up to federal poverty guidelines.
The Ramsey Show
Money Isn't the Problem—Your Behavior Is
I'm sorry, I'm not... I'm not sure what you're asking.
The Ramsey Show
Money Isn't the Problem—Your Behavior Is
Yeah, I've never heard of that before, but I have had my disability for about six years now through the VA. Okay.
The Ramsey Show
Money Isn't the Problem—Your Behavior Is
So maybe like some at home, like remote work.