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The Ramsey Show

Keep Hustling: You Have Power Over Your Debt

14 Nov 2024

Transcription

Chapter 1: How can I find a partner who isn't interested in my wealth?

73.336 - 75.358 Ken Coleman

Jade loves strange problems.

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76.438 - 105.964 Josh

Perfect. It might not sound so strange once I explain it. Um, I'm, uh, I'm 25 years old. I, uh, I own my own home. I built a construction company. I make, uh, about 130,000 a year. Um, And I've got a real proclivity for building my income, building my business, building my personal wealth over time. Great.

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107.264 - 130.285 Josh

And one of the things I'm really struggling with, and, uh, I'm looking for a non-biased opinion cause you know how friends are. They're great, but you know, you can only get so much. Um, I'm looking for any sort of advice on how to select a partner who's not remotely interested in my position in life.

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131.326 - 137.728 Jade Warshaw

Are you talking about business partner or romantic partner? Romantic partner. Got you.

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137.829 - 139.009 Ken Coleman

Your position in life.

140.29 - 143.931 Josh

At 25, I'm doing fairly well.

144.311 - 145.972 Jade Warshaw

Tell us what that means. What's your net worth?

148.251 - 172.157 Ken Coleman

hmm net worth like are you saying if i my business net worth or if i were to liquidate you don't have that much my friend you just can't answer that question i listen i appreciate where you're at young man you see you said you're 25 and you have a proclivity great word by the way yeah wonderful vocabulary i'm a big fan of proclivity uh just used it twice there because i like the way it sounds

172.997 - 196.753 Ken Coleman

to make a lot of money and all this because no you know we don't know that you're 25 um i appreciate your confidence but if the question is how do i make sure i find a girlfriend who's not into me for my position in life i go well i don't know that i want to find a woman who's not interested in my position because that position in life is the way i'm hearing that is um you gotta provide position leads to provision jay come on okay ken you're right and

Chapter 5: How do I ensure I'm making smart financial decisions in relationships?

2880.472 - 2884.855 Jade Warshaw

Did you say $170 each or combined? Okay, okay.

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2884.875 - 2885.896 Ken Coleman

$170 gross each. That's not bad.

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2885.956 - 2892.2 Jade Warshaw

Okay, yeah. And you're living in, okay, well, San Jose is expensive. That's an expensive part of the country.

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2892.22 - 2897.683 Ken Coleman

What is your debt? Break it down for Jay. Let's go you first. You're the one on the phone, and you're not married yet. So what's your debt?

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2898.984 - 2907.95 Jeff

About, let's see, $450,000 right now in all student loan.

2908.29 - 2909.391 Jade Warshaw

Okay, and no other debt?

2910.539 - 2912.801 Jeff

Luckily, we're both pretty good on that side.

2913.261 - 2914.402 Jade Warshaw

Okay. Pretty good or good?

2915.203 - 2915.443 Jeff

Good.

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