Dr. John Deloney

Here's the thing. This 50-year-old's heading in to buy a house. It's not an age thing, but heading in to buy a house, and I gave that exact wisdom. I said, listen, don't feel ashamed to ask the mortgage company to explain this to you as though you're a high school student. That's the exact language I used. And so a 74-year-old, he may have said for the last 30 years, I got it.

I'm taking care of it. Sitting down and saying, okay, Mom, let me just show you this. Mm-hmm. There were two windows that had to be fixed. Here's the exact cost. This house was about to be taken. Dad was sick, and he didn't realize the taxes. We're not going to ever pin him as though he's a bad guy because immediately then she's got to defend him. We're not going to get into that.

I'm taking care of it. Sitting down and saying, okay, Mom, let me just show you this. Mm-hmm. There were two windows that had to be fixed. Here's the exact cost. This house was about to be taken. Dad was sick, and he didn't realize the taxes. We're not going to ever pin him as though he's a bad guy because immediately then she's got to defend him. We're not going to get into that.

I'm taking care of it. Sitting down and saying, okay, Mom, let me just show you this. Mm-hmm. There were two windows that had to be fixed. Here's the exact cost. This house was about to be taken. Dad was sick, and he didn't realize the taxes. We're not going to ever pin him as though he's a bad guy because immediately then she's got to defend him. We're not going to get into that.

Hey, we had to pay these back taxes. They were $3,500, and here's the receipt for it. And she might go, no, none of that's right. Mom, it's right. It's right. And if you think in that conversation, she can get to, oh, well, then we just need to pull this out of this rental income. Great. If you don't and you've got 15 grand, then it's not going to burn a hole through your family.

Hey, we had to pay these back taxes. They were $3,500, and here's the receipt for it. And she might go, no, none of that's right. Mom, it's right. It's right. And if you think in that conversation, she can get to, oh, well, then we just need to pull this out of this rental income. Great. If you don't and you've got 15 grand, then it's not going to burn a hole through your family.

Hey, we had to pay these back taxes. They were $3,500, and here's the receipt for it. And she might go, no, none of that's right. Mom, it's right. It's right. And if you think in that conversation, she can get to, oh, well, then we just need to pull this out of this rental income. Great. If you don't and you've got 15 grand, then it's not going to burn a hole through your family.

Pay the 15 grand and we'll figure this thing out in six months or a year when the smoke lifts on this deal.

Pay the 15 grand and we'll figure this thing out in six months or a year when the smoke lifts on this deal.

Pay the 15 grand and we'll figure this thing out in six months or a year when the smoke lifts on this deal.

Travis, let me recontextualize this. When you call the Ramsey Show and say you're struggling, people, when they call us, they don't know how they're going to pay rent or they don't have food. Gotcha. So when you say you're struggling, does that mean you don't know how you're going to pay your light bill and you may have to sell some stock to pay your light bill?

Travis, let me recontextualize this. When you call the Ramsey Show and say you're struggling, people, when they call us, they don't know how they're going to pay rent or they don't have food. Gotcha. So when you say you're struggling, does that mean you don't know how you're going to pay your light bill and you may have to sell some stock to pay your light bill?

Travis, let me recontextualize this. When you call the Ramsey Show and say you're struggling, people, when they call us, they don't know how they're going to pay rent or they don't have food. Gotcha. So when you say you're struggling, does that mean you don't know how you're going to pay your light bill and you may have to sell some stock to pay your light bill?

Or are you saying we're not going to be able to go out to eat for two years while you knock out business school?

Or are you saying we're not going to be able to go out to eat for two years while you knock out business school?

Or are you saying we're not going to be able to go out to eat for two years while you knock out business school?

I thought he said he was going to struggle, too. No, no.

I thought he said he was going to struggle, too. No, no.

I thought he said he was going to struggle, too. No, no.

What do you think? Let me change the way I just asked that. Not what do you think and not what do you hope. When you have sat down with some people in your field or you've sat down with one of the executives at the company where you work, And it's a rare thing because MBA programs, especially executive MBA programs, but two-year laser-focused MBA programs are cash cows for universities.