Ted
Appearances
The Charlie Kirk Show
Ask Charlie Anything 215: Learning the Bible? Lefty Family? Solving US/Canada Relations?
Hi, Charlie, calling from British Columbia again. Spoke last week. Today, Canada got a new prime minister, Mark Carney, former governor of the Bank of Canada, the Bank of England. We also now may likely have a federal election before May, where another leader may take over, the conservative leader, Pierre Polyev.
The Charlie Kirk Show
Ask Charlie Anything 215: Learning the Bible? Lefty Family? Solving US/Canada Relations?
If you were advising either of these men on their negotiations with Trump on the current tariff war, what would you say?
The Charlie Kirk Show
Ask Charlie Anything 215: Learning the Bible? Lefty Family? Solving US/Canada Relations?
I'm into that. Thanks, Charlie.
The Charlie Kirk Show
Ask Charlie Anything 214: Picking Campus Visits? Vegas Shooting Truth? 2025's Most Crucial Election?
Hey, Charlie, calling from Vancouver Island, British Columbia, and have a question for you on obviously the border situation and the tariffs. Do you think that Trump would be open to ending the tariffs if we in Canada had an actual leader willing to talk seriously about the border issues or? Is this now more about him seeking to weaken our economy, bring us along as the 51st state?
The Charlie Kirk Show
Ask Charlie Anything 214: Picking Campus Visits? Vegas Shooting Truth? 2025's Most Crucial Election?
Where do you stand on mitigating this?
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
hey guys happy new year what up happy new year man what's going on um yeah i'm i have three financial advice questions i need from you guys so let me give you the background about my history where i'm at um right now my wife and i make pretty good money in san francisco our combined income is 450 000. awesome we have that's basic minimum wage in san francisco right pretty much pretty much um we have a two-year-old and we have another one coming in may this year
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
And we have zero debt, zero car payments. Um, we locked in a 2.5 interest at a condo about four years ago. So we're saving a lot. We're maxing out 401k. We have an emergency fund. We're putting money into education funds and we finally have enough money saved up to buy a home. And we want to move to Southern California just because we have family friends that we don't have anyone here.
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
So when we close the family, get some help. But with the current, my first question, With the current interest mortgage rates and how expensive houses are, what's your advice or your thoughts on reducing our savings a little bit? Like our 401k, our normal savings, and paying an expensive $8,000 to $9,000 mortgage, which basically goes from 20% of our income to 50% of our income.
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
Well, I mean, we could go for a smaller home, but with With two kids, like one coming, one kid now, one coming, we were wanting like a four-bedroom place, at least for like the best in the future. So everything in Southern California is really expensive. I mean, we could maybe... Go cheaper and then renovate down the line.
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
But, yeah, we were just kind of looking for something that's moving ready because with the kid, we didn't want to renovate. We didn't want to do anything in terms of building a home.
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
I think so. Either end of this year or sometime in early 2026.
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
So right now, our all-in expenses... is we need about $7,000 a month to survive. So we're taking almost roughly about $22,000. That's after putting in 401Ks and stuff.
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
Correct. And if you did... Did you sell your condo?
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
Um, 750,000. Okay. And what do you owe? Uh, roughly about 520,000. Okay. You got about 200 equity? Yeah, about like 200, almost 250,000 in equity.
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
Oh, I see. Well, the thing is, I guess here's another question. Since we locked in such a good way... Oh, no, Ted.
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
Yeah, okay, thanks. And that's where our hesitation was coming from. We just wanted to see if that was even a possibility because we are getting kind of cramped in here. Okay, thanks. That's good advice. How does that sound?
The Ramsey Show
Your Life Is More Than Just a Set of Numbers
I did. Yeah. So if we're currently that $400,000 adjusted in high-yield savings, just looking for advice between leaving it in high-yield savings or investing in money market funds.