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Chris (Caller)

👤 Speaker
812 total appearances
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Voice samples: 6
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Appearances Over Time

Podcast Appearances

The Ramsey Show
Here’s How You Get Started Building Wealth (Hour 3)

And I guess it doesn't really matter.

The Ramsey Show
Here’s How You Get Started Building Wealth (Hour 3)

I guess I'm talking about expenses again because we should have our house paid off in like a year.

The Ramsey Show
Here’s How You Get Started Building Wealth (Hour 3)

Okay.

The Ramsey Show
Here’s How You Get Started Building Wealth (Hour 3)

Well, yeah, we were just kind of looking over the big picture, and I'm like, man, I feel like our life insurance and our emergency fund are just very small now compared to what we're making now.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

Hey, yeah, so I recently started a construction business about six months ago.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

Oh, nice.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

And business has been debt-free, and me and my wife are almost debt-free, just our mortgage on our house.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

So since I started the business, our budget and kind of everything to keep that out of debt was, you know, our budget and everything kind of got thrown out the window.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

So now that we're a little bit into it, kind of have a pulse for our income with the business, trying to figure out how we should budget, how much I should pay myself from the business, and how to kind of make a formula for that.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

Sure.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

So far, the business, it's really up and down, but it seems like it's about an average of maybe...

The Ramsey Show
How Can I Increase My Income? (Hour 3)

five to six grand profit okay a month and that includes after paying you or no that no that's that's what i'm trying to all right that's what i thought okay great so that's five or six grand but we're not paying you yet all right are you making any money anywhere else any income uh my wife has a couple part-time jobs and so far that's just been going into our uh

The Ramsey Show
How Can I Increase My Income? (Hour 3)

as I need to pay our expenses.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

Yeah, I guess that's five grand of what the company makes, and that's total.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

So out of that five grand-ish, I've just been able to just pull money as I need it.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

Okay, do you have any savings for the company?

The Ramsey Show
How Can I Increase My Income? (Hour 3)

For the company, yeah, it's very...

The Ramsey Show
How Can I Increase My Income? (Hour 3)

Right close to $10,000 with accounts payable.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

Okay, all right.

The Ramsey Show
How Can I Increase My Income? (Hour 3)

I mean, if I wanted to, since the business is debt-free and once everything's paid, I could probably take, you know, $3,000 to $4,000.