Transcript
Dave Ramsey (0:02)
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Kate (0:06)
I wanted to talk to you today about my husband. He loves new trucks, and he has switched trucks about seven times in the last six years, and he changed vehicles twice last year. And so he usually just text me when. When he's making this change. And I've tried to talk to him about how it's a bigger deal than that because we are. Are usually losing money on this transaction.
Dave Ramsey (0:37)
Oh, every time.
Kate (0:39)
Yes. So I just wanted your thoughts.
Rachel Cruze (0:44)
How much do you guys make a year? Kate?
Kate (0:48)
So he's actually making quite a bit of money now, but this is new for us. So he founded his own technology company doing logistics, and it grossed about $1 million last year.
Dave Ramsey (1:01)
What did it net?
Kate (1:05)
I think 1.4.
Dave Ramsey (1:06)
It netted. You paid taxes on a million dollars?
Kate (1:11)
Yes.
Dave Ramsey (1:12)
Gross and net is different. You know that.
Kate (1:15)
Okay. Sorry. I might be.
Dave Ramsey (1:17)
Okay. I didn't think you.
Rachel Cruze (1:18)
What did you bring home? What hit your account? Your household income? What did he bring home?
Kate (1:24)
Our household income was over 600. I know we owed a ton in taxes, so.
Dave Ramsey (1:29)
Okay, so he can afford to lose the money, but he's disrespecting his wife.
Kate (1:38)
Yes. So we have three kids and he's my second husband. And so this is just all. I think it's just all. We're still going through growing pains of how do we manage money together? And that's seven years.
Dave Ramsey (1:55)
You oughta be able to figure it out. You can grow a company that makes 1.2 million. You ought to be able to figure out how to manage money. Yeah, he just hasn't bothered. He's kind of running around, does whatever the flippy wants to do because he's making money and he doesn't, you know, and in the process is disrespecting you.
