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The Ramsey Show

Quit Beating Yourself Up for Your Money Mistakes

Wed, 13 Nov 2024

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๐Ÿ“ˆย Are you on track with the Baby Steps? Get a Free Personalized Plan ๐Ÿ“ฑWatch the full episode for free in the Ramsey Network app. George Kamel & Dr. John Delony answer your questions and discuss: "Should I pay off my house or start investing?" "I live in my truck. How do I get back on track?" "My grandparents skipped my parents in the inheritance and gave their money to us," "Are we financially ready to build a cabin?" "Is my mother-in-law is trying to cause a rift?" Support Our Sponsors: ๐ŸŒฑ Get 10% off your first month of BetterHelp ๐Ÿฅ Learn more about Christian Healthcare Ministries ๐Ÿก Get started today with Churchill Mortgage ๐Ÿ”’ Get 20% off when you join DeleteMe ๐Ÿฆ Go to FAIRWINDS Credit Union for an exclusive account bundle! ๐Ÿฅ— Save 15% on your first Field of Greens order with code RAMSEY ๐Ÿ’ค Visit Helix Sleep for special offers! ๐Ÿ’ป Visit NetSuite today to learn more ๐Ÿ—‚๏ธ Use promo code RAMSEY for18% off at The Nokbox ๐Ÿ› Get started with YRefy or call 844-2-RAMSEY ๐Ÿ” Visit Zander Insurance for your free instant quote today! Next Steps ๐Ÿ“ž Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ๐Ÿ  Find a Ramsey Trusted Real Estate Agent ๐Ÿ’ต Start your free budget today. Download the EveryDollar app! ๐ŸŽ„ You could win $5,000 in the Ramsey Christmas Cash Giveaway! Enter today. ๐ŸŽ 50 days of Christmas deals are here! Get 30% off meaningful gifts. ๐ŸŽŸ๏ธ Get Tickets to the Money & Relationships Tour! Listen to more from Ramsey Network ๐ŸŽ™๏ธ The Ramsey Show ย  ๐Ÿง  The Dr. John Delony Show ๐Ÿธ Smart Money Happy Hour ๐Ÿ’ก The Rachel Cruze Show ๐Ÿ’ธ The Ramsey Show Highlights ๐Ÿ’ฐ George Kamel ๐Ÿ’ผ The Ken Coleman Show ๐Ÿ“ˆ EntreLeadership Learn more about your ad choices.ย https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Audio
Transcription

How can I recover from money mistakes?

15.657 - 36.21 George Kamel

From the Ramsey Network, this is The Ramsey Show, where we help people build wealth, do work that they love, and create amazing relationships. I'm George Campbell, joined by my good friend, Dr. John Deloney, and we're taking your calls at 888-825-5225. You jump in, we'll talk about your life and your money, and hopefully, if we do our jobs, we'll give you the right next step to take.

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36.97 - 47.545 George Kamel

Calvin is up first in Tulsa, Oklahoma. Calvin, welcome to The Ramsey Show. You with us? Hey, guys. How can we help?

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50.748 - 58.094 Caller

So I am doing a lot of research on you guys, and this is the whole Ramsey method.

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58.114 - 67.481 George Kamel

Be careful. Do what now? I just said be careful. I'm just kidding around. I'm joshing. What are you doing research for?

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69.583 - 97.101 Caller

Well, so right now I... I mean, I want to be financially free. Um, I'm a Christian. Uh, I'm very full in depth with, um, that money is the happiness or basically love of money is rid of all evil, but money itself is not equal. Um, I come from a family where my parents had a very large income, but they did not use it correctly at all. They didn't manage it well.

97.261 - 117.289 Caller

And they were in debt for practically their whole life. I think it just got a bet last year. Um, and now that I'm about to be married, um, I'm married to a beautiful, beautiful family where they have zero debt and they have a really well income and they are doing really well off. And so my fiance is used to that lifestyle and I'm used to the other lifestyle.

118.229 - 142.594 Caller

Now the current job I am right now, um, I'm a general manager of a Chick-fil-A, um, and more in Southeast Oklahoma. And, uh, I make pretty good living for 25. I actually moved from South Georgia to pursue this career. And with both of us put together, we'll probably make roughly around $130,000 a year for us to get a single bed. That is pretty outstanding for most people around the area.

142.994 - 151.856 Caller

And the reason I'm doing research is I know we can set a lot of money back to be financially free within probably less than 10 years.

152.056 - 153.537 George Kamel

What does financially free mean for you?

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