Dave Ramsey
👤 SpeakerAppearances Over Time
Podcast Appearances
OK, but that's based on the ratio into your net worth and based on the fact that you're and again, if your net worth was 40 million and you made 250, you know, you still could not buy the boat if we only use the 50 percent of your income.
But most people were not dealing with a net worth is substantial when we apply that formula.
So, yeah, I would buy this boat for sure.
It's a sweet boat.
What is it?
Ah, triple engines or quadruple?
What horsepower?
Oh, okay.
All right.
And what brand?
Oh, yeah, okay.
Yeah, and you're what, on the Intercoastal Waterway?
All right.
Good for you.
Yeah, I mean, you're in a position to do that.
Yeah, yeah.
The bottom line is the reason that the decision makes sense is the other rule that you used is if I burn that much money in the middle of the floor, would my life change?