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The Ramsey Show

Normal Is Broke... Do You Really Want To Be Normal?

12 Nov 2024

Transcription

How can I get out of a financial mess?

766.162 - 785.989 Amy

If I did this move and my condo actually sold and I got into the house, I have a half a million and I need to know what to do with it because I'm most likely to want to buy real estate and fix it and do all that. And I'm not knowledgeable at all about the stock market. I'm trying to just

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786.693 - 795.258 Amy

wrap my brain around all of it and learn because I'm getting to the age where I want the money to work for me instead of me working the money, you know?

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795.479 - 808.687 Rachel Cruze

Yeah, for sure. Yeah. Uh, how old are you? I'm 55. Okay. And what do you do for a, for a job? I'm a real estate broker. Oh, that's right. You said that. I'm sorry. Uh, how much do you make a year doing that?

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809.928 - 818.736 Amy

Well, that's, um, that varies quite a lot, but, um, Anything from $100,000 to $300,000 a year. Okay.

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819.517 - 824.439 Rachel Cruze

And then your primary residence where you live now, what is the situation there?

824.459 - 832.623 Amy

So the condo on the island is, I owe $399. Is that where you're living?

832.683 - 833.283 Rachel Cruze

Is that condo? It is.

836.215 - 837.436 Amy

It's been my primary residence.

837.556 - 840.677 Rachel Cruze

Oh, it has. Okay. I'm sorry. I got you. Okay. Perfect.

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