Chapter 1: What is the main topic of this episode?
Live from the headquarters of Ramsey Solutions, it's the Ramsey Show, where we help people build wealth, do work that they love, and create actual, amazing relationships. Dr. John Deloney, Ph.D. in counseling, Ramsey personality, best-selling author, host of the Dr. John Deloney Show, is my co-host today. I'm Dave Ramsey, and we're here to help you like we have been for 35-plus years now.
The phone number is 888-825-5225. It is a free call. Some say the advice is worth exactly what you pay for it. Isaac is going to start off this segment in Rochester, New York. Hey, Isaac, welcome to the Ramsey Show.
Hey, Dave and John, how are you doing?
Better than I deserve. What's up?
Chapter 2: Should I sign a five-year deal with my company for tuition assistance?
So I'm 24 years old, and I currently work as an outside salesman in the electrical industry. I have my associate's degree, and I'd like to go on and finish my bachelor's. And my company has offered...
to pay for it but they want me to sign a five-year commitment commitment with them should i do that or should i just pay for it myself five years from today yes or from the last time that they write a check five years from when i would start college it would be this fall okay but it's going to take you how many years working at night
Maybe two and a half years at the most no three years, so that part's not irrelevant So really they're asking you to sign a two and a half year two-year contract After you finish school right because obviously you wouldn't quit while you're in the middle of trying to get them to pay for school No, okay, so what do you make now?
60,000 before bonuses after bonuses probably like 70 to 75.
What are you going to study I?
Uh, go back to school for business. Why? Well, because in order for me to make more money in this career and move into like a sales manager job, the minimum requirement for any big company in the electrical industry is a bachelor's degree.
Bull crap.
No, that's why.
Absolutely not true. Not true. Some businesses require a four-year degree. They're not necessarily people you want to work for. If you're a freaking sales manager and you know how to manage salespeople and you got five years or six years of sales experience busting shoe leather on the street causing stuff to happen, they don't give a crap where you went to school or if you went to school.
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