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Full Episode
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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 amazing relationships. I'm Rachel Cruz, hosting this hour with my good friend and best-selling author, Jade Warshaw. And we are here to answer your questions. So give us a call at 888-825-5225.
We'll be talking about your life, your work, your relationships, your money, all the things. So give us a call. So first up this hour, we have Marie in Huntsville, Alabama. Hi, Marie. Welcome to the show. Hey, Rachel. Thank you so much for taking my call. Absolutely. How can we help?
Well, I have four kids. My oldest is 18. And looking at college this fall, I am trying to, I'm wrestling, me and my husband are wrestling with how to instill the wisdom that we want him to have. He's had a job since he was 16, on and off.
around school and things like that but we've recently told him he's got to start paying for his own gas in his old truck that we we helped him pay for halfway like dave teaches and it just feels like it's a big burden on him um we're going to pay for his schooling but he's got to pay for all extras and after two years he has to pay for even his schooling so we're really trying to teach him we want you to start learning really how to save and manage your money
And I just, I don't know. Am I being too harsh? Is it too much? He's just got a door knocking job right now. He has a full time job lined up, but it's not started yet for this summer. I just, I'm trying to strike that balance between being too harsh and helping him. I just don't know. So I wanted your advice.
I mean, I'm listening to what you said, and I feel like a lot of it's on the right track. He's had a job since he's 16. You've been forward with him with, hey, we're going to help you with education up until this point. Here's what we expect. I think setting expectations is such a big part of this and a huge part of college, making sure we know, hey, this is the college you can afford.
Here's the percentage we're going to pay. Here's what we expect from you. And it sounds like you're doing all that. My question for you would be, What have you seen that's giving you pause? What have you seen that's making you feel uncertain about whether he's going to be able to carry this out going forward?
Well, I guess what we've seen is from the beginning, we've always said we want you saving. 75% has always been our rule. Wow. But just because that we just set up to be able to pay for cars and things like that. So he did real good. He bought his old truck. We met him halfway there. But really, since then, it's been hard for him to meet that.
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