Kristina Ellis

How much did y'all have in the down payment?

On a, okay, what percentage is that of $550,000?

How much down are you putting?

um and that's been another big kind of pull uh each way this would be our first time buying a house well i think that's i think that's where some of the anxiety is coming from is that that's not a lot of money down on a five hundred and fifty thousand dollar house plus you know this house is going to need repairs like significant repairs new roof that's you know that's not a small you know five thousand dollar repair that's a major repair so um

If I'm in your shoes, I'd be feeling a little nervous too, not because it's not time to buy a house, not because there's anything wrong with the housing market per se, but I would personally be nervous with having a smaller down payment knowing that I also am going to have about potentially $50,000 in repairs almost immediately.

Welcome back to The Ramsey Show.

We're taking your calls at 888-825-5225.

All right, John, I came across an article on mental health.

You know, it's in your wheelhouse.

Wanted to kind of see what you thought about this.

Oh, great.

What do you got here?

Yeah, this is a good one.

It's called Five Ways Credit Cards Can Improve

your mental health well i got hemorrhoids america it's a real article oh my gosh all right right so let's go it says according to a money and mental health report by bankrate in partnership with psych central just under half of u.s adults say that money has a negative impact on their mental well-being that's true

The ability to provide for a household or keep up with day-to-day expenses can cause major stress.

Pair these responsibilities with the possibility of a recession and record high inflation, and it's no surprise that many of us are feeling the heat.

I like this setup.

They're trying to just make us all feel warm and fuzzy and like, yeah, we're all afraid.

We're going to give you something good.