Riley
Appearances
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
Hi, thank you for having me. So here's my question. Would a budget of $20,000 be unreasonable as a college student?
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
To get married, to have a wedding. Oh, a wedding.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
Um, we're hoping to get married by 2027. We kind of have to, um, to be stationed together as Naval officers, since we're both commissioning after 2028.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
So we have to get married right before we graduate since we're both in NROTC. Our requirement is that we commission straight out of graduation. And you graduate May of 27th? Yes. So we have to be married that summer because it'd be kind of hard to plan a wedding when we're away from home. Sure.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
We are, um, he's earning more than I am. I'm currently just getting a stipend. So that's about two 50 a month. Um, it'll increase slowly. So by my senior year, I'll be getting 400 a month. Um, he's getting that as well and working. Um, I think his annual income, he's trying to hit under 15,000 just so that he can, um, stay under a certain.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
Uh, yes. Um, So him and I will be paying for the wedding, but my parents are going to be giving another 5K by the time I get to my junior year. Will you guys have $20,000 saved? Oh, absolutely. Currently, we both have combined a little over $30,000.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
Like total. Where'd you get that? Not just for the wedding.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
So that's just from savings throughout my lifetime. I'm a huge saver.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
We'll both be making about straight out, I think it's about $90,000. Each? Yes. Yes.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
Um, so our deployments could be at different times. They try to keep us on the same base, but since we're both college students and under the program, there is a chance that for a year or two that we would be on different bases.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
but we're trying to prevent it as quick as possible.
The Ramsey Show
Go Slow: Never Invest in What You Don’t Understand
I agree. That was why I called. You're a saver.
The Ramsey Show
You Can Move From Family Drama to Financial Peace
We paid off $65,767. Excellent. How long did that take you? 16 months. Good for you.
The Ramsey Show
You Can Move From Family Drama to Financial Peace
$75,000 was our starting, and then $90,000 is where we ended up.
The Ramsey Show
You Can Move From Family Drama to Financial Peace
I'm a natural spender, so it was definitely his push, but I mean, we're unified in marriage, so we're going to be unified in paying this debt off, and so that's what we did.
The Ramsey Show
You Can Move From Family Drama to Financial Peace
Yeah. And we see how it'll impact our marriage and our family for years to come. I mean.
The Ramsey Show
You Can Move From Family Drama to Financial Peace
Because the car is almost as old as I am.
The Ramsey Show
You Can Move From Family Drama to Financial Peace
Yeah, they all have payments. I just had to remind myself this is paid off. We don't owe anything on it.
The Ramsey Show
You Can Move From Family Drama to Financial Peace
It's a 2005 Honda Accord, and it gets me from point A to point B. Does it have a name?
The Ramsey Show
You Can Move From Family Drama to Financial Peace
It doesn't, but we should name it something.
The Ramsey Show
You Can Move From Family Drama to Financial Peace
And, Dave, you were a common name in my family growing up, so I grew up hearing about you and knowing, like, you need to get on that Dave Ramsey plan. Like, you need to go through the baby steps.
Watch What Crappens
#2701 Southern Charm S10E07: It Takes Tuba To Tango
Well, I went fishing once when I was an intern in New York City and I first moved here. And well, actually, I didn't go fishing, but I went to the fish market and it was disgusting. So I get it.
Watch What Crappens
#2701 Southern Charm S10E07: It Takes Tuba To Tango
Well, maybe this is what I meant to do for the rest of my life.
Watch What Crappens
#2701 Southern Charm S10E07: It Takes Tuba To Tango
You know what? She's just playing Cheerios.