Live Audience Money Questions in Denver

Summary

The Ramsey Show — Live Audience Money Questions in Denver

Date: May 15, 2026
Host: Ken Coleman (Ramsey Network) with Jade Warshaw & Dr. John Deloney
Event: Special Ramsey Show Tour Edition, Denver, Colorado — all questions from live audience

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Episode Overview

This dynamic tour episode features the Ramsey Show team tackling live, unrehearsed money questions and real-life debates from Denver audience members. Topics span family money disputes, combining finances, struggling with debt, investing, relationship tension, anxiety around spending, and classic Ramsey Baby Step guidance. The hosts’ trademark humor, authenticity, and energy keep the mood light but the advice actionable, all with the goal of helping listeners transform their lives and build lasting wealth.

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Key Discussion Points & Insights

1. Blended Family Housing Dilemma: Sell or Stay? (02:22–07:03)

• Featured couple: Cheryl & Clifton. Debate: Should they stay in the house Clifton shared with his ex or sell for a “fresh start”?
• House details: $225k left on mortgage, $1,800/month payment, 9 children (blended family).
• Cheryl’s View: Wants to move for emotional/psychological reasons—“bad juju.”
• Clifton’s View: Wants to stay for financial security and practicality, especially until more kids move out.
• Host Insight:
  • Ken Coleman: Sided with Cheryl. “I rule in favor of Cheryl. Clifton, sell the house. You get to do it.” (07:34)
  • Dr. John Deloney: “You're bringing data to a feelings fight… and you're going to lose.” (05:45)
  • Jade Warshaw and John push thinking through the math & the marriage.
• Resolution: All hosts humorously (“current home is indeed haunted!”) side with Cheryl—sell the home for the sake of marital peace and emotional well-being.
• Memorable Moment: Dr. John to Clifton: “You, sir, should go to jail.” (08:00)

2. Baby Steps and Investing as a Young Adult (08:50–14:42)

• Question from Trayvon (Corpus Christi): Should a 29-year-old with low wages/high rent do Baby Steps differently? Is $1,000 still realistic for an emergency fund?
• Jade Warshaw: Stick to the Baby Steps; don’t make yourself the “exception.”
  • “$1,000 is enough to make you get creative.” (10:10)
• Trayvon’s Situation: $6k in debt, $4k/month income, wants advice on timing investing vs. debt payoff and how much to save for engagement ring.
• Outcome:
  • Baby Step 2: Trayvon to be debt free in 3–4 months
  • Emergency Fund Targeted: $18k for 3 months of expenses
  • Investing Calculator: Starting at age 30, $600/month at 10% return = $2.375M by 65!
  • Ring Budget: Both Trayvon and fiancée agree $4–8k is more than enough
• Notable Quote: “So, Trayvon, you see what we just did? Don’t go out of order.” — Ken Coleman (14:16)

3. How Much Should Couples Invest? (16:00–22:19)

• Lauren & Christian’s disagreement: Investing 15% vs. 22% of income (Baby Step 6) vs. paying off mortgage faster
• Christian (the “nerd”): Wants to max out investing since the market is low (“I think they say at least 15%, not at most 15%.” 17:43)
• Lauren (“free spirit”): Feels budget is too tight; wants to stick to Ramsey plan.
• Host Guidance:
  • Jade: Mortgage payoff IS an investment; follow Baby Steps, don't chase more investing now.
  • “Investing, paying off your home mortgage, that's an investment too, just in a different medium.” — Jade (19:14)
  • Ken & John: Acknowledge emotional stress and urge Christian to "lean in" to Lauren’s need for security
• Budget Meeting Advice:
  • Make meetings fun, co-create budget rather than present finished plan
  • “Practice doing this together. Y’all are co-creating this marriage together.” — Dr. John (25:32)
• Notable Moment: “My wife sleeps just fine with a mortgage… for me I can’t breathe if I owe somebody money.” — Dr. John (21:08)

4. Giving Financial Advice to Family Members (27:44–34:36)

• Stephanie: How to talk to siblings about their bad financial habits without damaging relationships?
• Host Insight:
  • Don’t advise unasked; model peace and stability, be the “light in the dark”
  • “I just stopped giving advice to people who don’t ask for it. What I’ve given myself is peace.” — Dr. John (29:55)
  • When they’re ready, they’ll come to you

5. Audience Q&A, Quickfire (41:33–46:48)

• Who should pay for dates?
  • Audience consensus: “You asked her out, you pay.” (43:20)
  • Hilarious exchanges about dating, gender roles, credit cards, and marital surprises
  • Wife calls out husband about paying for dates on credit—“he put it on credit cards that I’m now paying for as his wife.” (44:02)
• Sharing money fights & dumbest things done with money
  • From "burned cookies needed a new oven” (46:02) to “bought a 2012 Camaro SS after a car show in Vegas” (48:00) and "bought a timeshare" (48:49)

6. Single Dad: Work More or Sell the Truck? (50:00–56:41)

• David, single dad, working 3 jobs, $32k in debt, owns paid-off truck worth $32k. Should he sell to speed up debt payoff?
• Host Debate:
  • Dr. John: Keep truck, finish in a year
  • Ken & Jade: If you want peace, sell the truck, drive a cheap car, and get your life back sooner
• Emotional Recognition:
  • “No dad is perfect… but this is what you do when you got kids and you’re trying to grind it up by yourself.” — Dr. John (52:24)
• Resolution: Advice tilts toward selling (if needed) for life balance, but ultimately prioritizing “peace of life.” Also, award of “uncooked rice and beans” as honorary single dad survival kit (56:41).

7. Money, Anxiety, and Letting Yourself Spend (70:29–78:28)

• Gail & Eric, “Baby Step 7,” $5M net worth, can’t let go of old anxiety/hard-to-spend syndrome
• *Dr. John unpacks:
  • Gail’s ingrained fear: “that we’d be a burden on our children” and have “failed”
  • Jade: List out what actions would actually “blow through $5M”—see if fears are rational
• Resolution:
  • Dr. John: Push through anxiety by practicing spending in small steps
  • Ken: Makes Eric say one “dream splurge” — “a Corvette. The new one. Budget $140k.” (75:45)
  • Gifting of “nerd glasses” as reward for being a financial super-nerd

8. How to Recover After Money Fights in Relationships (58:01–62:47)

• Lauren: Had a conflict with boyfriend about car lease, now money convos are “surface level.” How to repair and go deeper?
• Dr. John: Use “I” statements. Apologize for coming on too strong. Say: “Can I try again?” Lead with curiosity about their background and values.
• Ken: Don’t rush; see if you’re compatible before worrying about full money-sync
• Jade: Don’t debate the one issue—ask about childhood, general philosophy instead

9. Young Adult Burnout: Rest Without Guilt (65:29–70:15)

• Macy: College student, 50-hour workweek, paying for school in cash, feels burnt out & guilty taking a Sabbath/rest
• Dr. John: “Guilt is a good emotion when we violate our values.” She’s not violating values; she’s carrying stress for her parents. Encouragement to keep Sabbath, prioritize friendships.
• Jade & Ken: Cherish college friendships, don’t miss the experience.

10. Marriage, Money, and the Ultimate On-Air Proposal (94:01–102:03)

• Nelson: Received $60k settlement after car accident; girlfriend Royce (helped him become debt free); Jade/John coach to keep money separate until married
• Memorable Moment: On-air proposal!
  • Nelson: “Royce, will you marry me?” (97:00)
  • Royce: “I wasn’t expecting any of this.” (98:16)
  • Ken leads her through a surprise live debt-free scream: “I’m debt free!” (101:50)

11. Group Debt-Free Screams and Audience Stories (102:03–105:55)

• Audience stands and reveals over $1.74 million paid off in the last year, with collective debt-free scream
• Jade: “You will reap a harvest if you don’t give up, if you don’t faint. Please don’t give up. Please keep going.” (107:15)

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Notable Quotes & Memorable Moments

• “You’re bringing data to a feelings fight… and you’re going to lose.” – Dr. John Deloney (05:45)
• “I rule in favor of Cheryl… Clifton, sell the house.” – Ken Coleman (07:34)
• “You're a young man. You're going to be very wealthy. You should see the smile on the face of that lady next to you.” – Ken Coleman, on calculating Trayvon’s future investments (14:20)
• “Make budget meetings creative and fun… for the next six months, she has to change at least three, preferably five line items… practice doing this thing together.” – Dr. John Deloney (25:32)
• “I stopped giving advice to people who don’t ask for it. What I’ve given myself is peace.” – Dr. John Deloney (29:55)
• “If you want peace, sell the truck… spend time with your kid. I drove a piece of crap for a season. No one cares.” – Ken Coleman to single dad David (56:21)
• “There will never be enough for you to feel ‘safe’ until you go right through the middle of what's enough.” – Dr. John Deloney, to anxious saver Gail (77:34)
• On audience dating: “Regardless of your financial situation, you asked her out, you pay.” (43:20)
• Live proposal from Nelson to Royce: “Will you marry me?” (97:00); “She said yes!” (97:45)
• Royce debt-free scream: “I'm debt free!” (101:50)
• Jade: “You will reap a harvest if you don't give up… Please keep going.” (107:15)
• Final word from Ken: “No difference between them and you. You have the strength to do it. Focus on your life, nobody else’s. One foot forward every day.” (109:23)

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Timestamps for Important Segments

• 02:22 – Housing fight, blended family (Cheryl & Clifton)
• 08:50 – Baby steps w/ high rent (Trayvon)
• 16:00 – How much to invest? (Lauren & Christian)
• 27:44 – Helping siblings with money habits (Stephanie)
• 41:33 – Audience questions: dating, money fights, and dumbest purchases
• 50:00 – Should a single dad sell his truck for faster debt payoff?
• 58:01 – Restoring money communication after relationship fights
• 65:29 – Young adult burnout and taking a sabbath
• 70:29 – Couples and anxiety around spending (Gail & Eric)
• 94:01 – Combining finances & surprise onstage proposal
• 102:03 – Live group debt-free screams ($1.7M paid off)
• 107:15 – Encouraging send-off (“Don’t grow weary in well doing”)

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Tone, Energy & Closing Thoughts

The episode is marked by humor, vulnerability, crowd participation, and deeply practical advice—classic Ramsey culture. The hosts use tough love, compassion, and authenticity to help listeners break the “normal is broke” cycle. Powerful moments—like the on-air proposal, tearful debt-free screams, and audience confessions—showcase how financial freedom is both a numbers game and a matter of the heart.

Encouragement from the team:
You are worth the work. Don’t give up. You have the strength. Your legacy can change. And you are not alone.

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For more information and resources, visit www.ramseysolutions.com.

Transcript

[Cheryl]

Cliff and I have been married for two years now. We currently reside in the house that Cliff used to share with his ex wife.

[Dr. John Deloney]

Do you want to sell it or do you want to burn it to the ground?

[Jade Warshaw]

Should the guy pay for all the dates or is there ever a time to split it?

[Ken Coleman]

You asked her out, you pay.

[Mason's Wife]

He put it on credit cards that I'm now paying for as a wife.

[Ken Coleman (Host)]

Sir, you're done. You don't get to talk anymore.

[Gail]

How do couples continue to stay aligned over time when one spouse is more financially anxious than the other?

[Ken Coleman]

If you're scared, can you blink twice?

[Dr. John Deloney]

Have you ever seen somebody for anxiety?

[Gail]

No. I like myself the way I am.

[Ken Coleman (Host)]

Wow. You know what?

[Ken Coleman]

I actually believe you.

[Nelson]

We've both been kind of slowly putting our finances together.

[Ken Coleman]

But you're not married.

[Dr. John Deloney]

Wrap it up, homie.

[Ken Coleman (Host)]

Normal is broke and common sense is weird. So we're here to help you transform your life. From the Ramsey Network, brought to you by Fairwinds Credit Union. Live from Denver, Colorado, this is the Ramsey Show. Yeah. Oh. To all these lovely people in the

[Ken Coleman]

room and of course, those watching wherever you're watching, however you're watching, welcome to

[Ken Coleman (Host)]

this special tour edition of.

[Ken Coleman]

Of the Ramsey Show.

[Ken Coleman (Host)]

So excited to be here, and we're

[Ken Coleman]

going to get right to it. It's the Ramsey show. Except there's no phone calls. They are live in the room. The good news is we can't hang up on them. The bad news is we can't hang up on them.

[Ken Coleman (Host)]

Your personal brand is on the line.

[Ken Coleman]

And by the way, I meant to mention when I got. I got so excited when we started the show.

[Jade Warshaw]

What happened, Kim?

[Ken Coleman]

I didn't introduce you guys alongside the lovely, the incomparable Jade Warshaw.

[Ken Coleman (Host)]

John thought I was talking about him. Give Jade some love.

[Ken Coleman]

I love it.

[Royce]

I love it.

[Ken Coleman (Host)]

The handsome, the wise, George Camel, ladies and gentlemen. I mean, John Deloney. I'm sorry, Dr. John Deloney.

[Dr. John Deloney]

We get mixed up a lot. We get mixed up a lot.

[Ken Coleman (Host)]

It's an uncanny resemblance.

[Dr. John Deloney]

I know.

[Ken Coleman (Host)]

And I'm Dave Ramsey. No, I'm Ken Coleman. It's exciting. Exciting to be here. Okay, we have a couple up here.

[Ken Coleman]

Okay, so I've got Cheryl and Clifton.

[Ken Coleman (Host)]

Not the big red dog.

[Ken Coleman]

No, I love that.

[Ken Coleman (Host)]

Okay, that's Clifford. Ken Clifford. Close enough.

[Jade Warshaw]

That's like Montpelier.

[Ken Coleman (Host)]

Well, I just.

[Dr. John Deloney]

That's like George Campbell. Dude, this thing's falling off.

[Ken Coleman (Host)]

I know. Yeah.

[Ken Coleman]

I probably didn't get enough sleep last night. Sorry. Clifton, you're a dog. D A W G. Okay.

[Ken Coleman (Host)]

Cheryl, what's the question?

[Cheryl]

We have a little debate going on. We're hoping you guys.

[Ken Coleman (Host)]

Are we settling a debate?

[Cheryl]

Yes, we're settling.

[Ken Coleman (Host)]

As in maybe like we're Supreme Court justices.

[Cheryl]

Yep. So Cliff and I have been married for two years now. We created a very big blended family between the two of us. We have nine children.

[Ken Coleman (Host)]

Oh, my gosh.

[Jade Warshaw]

Yeah.

[Cheryl]

And we currently reside in the house that Cliff used to share with his ex wife.

[Ken Coleman (Host)]

Listen, this audience is on it right now.

[Dr. John Deloney]

This case is not going to survive summary judgment, I'm pretty sure.

[Ken Coleman (Host)]

No.

[Cheryl]

We have an extremely low mortgage that would.

[Ken Coleman]

How much?

[Cheryl]

We have 225,000 left on it. We only pay $1,800 a month on a home that's big enough to hold all of us.

[Ken Coleman]

Yeah.

[Cheryl]

I would like to sell it and move to a fresh start because it has bad juju in it for me.

[Ken Coleman]

Come on.

[Cheryl]

He would like to stay, pay it off, and save for our retirement and a long trip that we plan to take when we get the last kid out of the house.

[Ken Coleman]

Okay, and how many times, like, hours. Just give me a general idea how many hours you've spent talking about this. Look at the face.

[Dr. John Deloney]

Couple of hundred, huh? Do you want a couple of. Or do you want to burn it to the ground?

[Cheryl]

If we could get the money out of it and then burn it. Yeah.

[Jade Warshaw]

What's it worth if you sold it?

[Cheryl]

Or 5 to 5?

[Lauren]

30.

[Ken Coleman]

So you walk away with a nice chunk of change and free of that. So, Clifton, this is fascinating. Couple hundred hours. That's why I asked that question. And after a couple hundred hours, you're here live on the Ramsey show with three people that are going to settle this debate. Are you not picking up the signals?

[Ken Coleman (Host)]

In other words, what is your.

[Ken Coleman]

After all of the conversation, what's keeping you hanging onto this house?

[Clifton]

Honestly, we've gone around and looked at multiple other homes and we just haven't found something that's the equivalent.

[Ken Coleman]

What do you mean by equivalent?

[Clifton]

Just the bedrooms have been smaller. The number of bedrooms. I just want to make sure that we have enough room in our house for everybody. If we wait two more years, we have a child graduating here in a month and then the next one graduates the following year. So if we had four kids still living with us in the house, then we could get a smaller house.

[Ken Coleman]

Okay, I hear you now to you. And by the way, I'm gonna do my judge part. I'll get out of the way. I wanna know, Cheryl, when he says I'm holding onto it because we haven't found something that works. Have you found something that would work, that you could make work? Cheryl, tell the truth, the whole truth, and nothing but the truth, so help you God.

[Cheryl]

The two bedroom apartment down the street would be fine.

[Ken Coleman (Host)]

I knew it. I knew it, John.

[Dr. John Deloney]

She'd move into a wall tent tomorrow.

[Ken Coleman (Host)]

Clifton, I've been doing this long enough

[Ken Coleman]

to know I just put you in a corner. And your wife is asking you to listen to her.

[Dr. John Deloney]

You're bringing data to a feelings fight.

[Ken Coleman]

Yeah.

[Dr. John Deloney]

And you're going to lose.

[Cheryl]

We could go up to about $3,000 a month and still be within the Ramsey parameters, but.

[Jade Warshaw]

There you go. Yeah. Okay. Yeah.

[Ken Coleman (Host)]

Is it over the shoulder? No, I like it to come over here.

[Ken Coleman]

It is.

[Ken Coleman (Host)]

I'm ready to rule.

[Ken Coleman]

I don't know if you have any further questions. John, any further questions?

[Dr. John Deloney]

I just want to. There's a point of clarification here. You said that y' all could move all the way up to $3,000 a month in monthly mortgage and still stay within 25% of your total take home pay. Yeah. So the one question I have for the defendant is. Brother, what are you doing?

[Clifton]

I think I'm about to lose my head. According to Ken here with this week.

[Ken Coleman (Host)]

But before. Before he rules, I haven't ruled yet.

[Dr. John Deloney]

Let me be like for real. Is there a deeper attachment for you to the house besides the numbers?

[Clifton]

It's actually the size of it. Because if we could wait that two years, I mean, I love my wife tremendously, but if we could wait that two years and get a smaller home, the financial gains we'd have there.

[Ken Coleman]

I have a question for you, sir. If roles were reversed and you were staying in this awesome house that.

[Ken Coleman (Host)]

Huh? Yeah. If roles were reversed, would you be

[Ken Coleman]

wanting to hang on to this house?

[David]

I.

[Clifton]

Honestly, yeah, I think I would be okay with it.

[Ken Coleman (Host)]

Really?

[Clifton]

For the short time.

[Ken Coleman]

Short time.

[Clifton]

Has to be the short time, though.

[Ken Coleman]

Two more years in your mind is a short, short time with the ghost of the ex walking around the house.

[Cheryl]

We've already lived in it for four years.

[Ken Coleman (Host)]

Oh, geez. Clifton.

[Jade Warshaw]

Oh my gosh.

[Ken Coleman (Host)]

All right.

[Ken Coleman]

I rule in favor of Cheryl.

[Ken Coleman (Host)]

Clifton, Sell the house. You get to do it.

[Ken Coleman]

Next.

[Jade Warshaw]

What am. Oh my.

[Ken Coleman (Host)]

Put it on the table and rule.

[Jade Warshaw]

All right, my ruling is the current house is indeed haunted. And for that reason, I'm out.

[Dr. John Deloney]

I not only rule for Cheryl, but you, sir, should go to jail.

[Jade Warshaw]

Straight to jail.

[Ken Coleman (Host)]

And. And before we move on, James, don't

[Ken Coleman]

y' all wish Dave was here tonight? Dave doesn't what if Dave could be here? Because Dave, I think.

[Jade Warshaw]

What would Dave say?

[Ken Coleman]

I think I got a message from Dave to you. Clifton, are you ready?

[Dr. John Deloney]

I'm ready.

[Ken Coleman]

Suck it up, buttercup.

[Ken Coleman (Host)]

Thank you, guys. You've been great sports. Give us some love. Oh, I've waited my whole life for that moment.

[Ken Coleman]

I think.

[Ken Coleman (Host)]

How's the hair look?

[Ken Coleman]

Is that all right? Okay. I can't keep that on the whole

[Ken Coleman (Host)]

time, but I'd like to.

[Jade Warshaw]

It'd get a little itchy, wasn't it?

[Ken Coleman (Host)]

Yeah. Let's go to Trayvon. Give him some love. Trayvon, how are ya?

[Trayvon]

I'm doing good. How you doing?

[Ken Coleman (Host)]

Good. Tell us where you're from.

[Trayvon]

I'm from Corpus Christi.

[Ken Coleman (Host)]

Nice.

[Ken Coleman]

Okay, what's your question?

[Trayvon]

So my question today is, it's lovely to meet all of you all today. It's an honor. Would you change your approach to the baby steps if you were 29 today, facing high rent and low wages while prepping for marriage?

[Gail]

Wow.

[Jade Warshaw]

No, I wouldn't, because doing so would make me the exception. And I think that when you go through life with that behavior, that I'm the exception. I'm the exception to the rule. It gives you the opportunity to cop out from a lot of hard things. That being said, I do think that there's challenges. Like, I want to validate the fact that there's challenges. There's always going to be a generation that faces challenges that the previous generation didn't face, and I think that you're feeling the weight of that right now. The advice stays the same. So what's the part of the. There's something that you're wanting to go the other way on and tell me what it is and what you want to do instead.

[Trayvon]

I think I want to, like, invest more, maybe. Like, so I know it's like, obviously, I know the baby steps. Even, like, the emergency fund. Like, you go, you want to save a thousand? But I'm like, is that enough for today? Kind of like how far the dollars goes and everything.

[Jade Warshaw]

No, I mean, $1,000 has never been enough, to be honest with you. I mean, there's a lot of arguments for that, but it's not supposed to be enough. I'll tell you what it was for Sam and I, and I think that these guys could probably chime in in the same way. $1,000 is enough to make you get creative. It's enough that when an emergency strikes, you have to dig deep and go, okay, the washer and dryer went out. If I had credit or if I had More money. I would just go over to Lowe's and get something or buy something off Craigslist or, you know, secondhand, whatever. But when you don't have any money to spend, then you go, okay, what can I do? Well, my mother in law is down the street. I can wash the clothes here. I can dry them at her house. Right. And you start thinking way more creatively. My buddy is good at fixing things. I think I can call him over and he can. Right, so that's what a thousand dollars helps you do. And then, yeah, it's enough to cover, you know, a flat tire and little things like that. But don't let that be the thing that stops you. Especially if it hasn't stopped you yet. I would hate for you to think towards the future and go, that's. That's something that could potentially stop me and not test it and try it.

[Ken Coleman]

I'd love to know your quick numbers. So how much debt do you have?

[Trayvon]

I have about 6,000.

[Ken Coleman]

That's it. What's the 6,000?

[Trayvon]

So I have like my. My car is a majority of it, but I have 5,000. 5,000 in my. For my car. Then as far as my. I got like some tax stuff. Maybe like a thousand. Okay, fifteen hundred.

[Ken Coleman (Host)]

What.

[Ken Coleman]

What kind of income do you have?

[Trayvon]

I make around like 4,000amonth right now.

[Ken Coleman]

Okay, and when do you expect to be debt free? If you're mapping this out and you're getting after it, when do you think you're debt free?

[Dr. John Deloney]

Oh, man.

[Ken Coleman]

Six thousand?

[Ken Coleman (Host)]

Come on, man.

[Trayvon]

Yeah, it's not a lot right now. I'll say, like within the next four to five months.

[Jade Warshaw]

Good answer.

[Ken Coleman]

Four to five months.

[Dr. John Deloney]

I mean, make it 90 days.

[Ken Coleman (Host)]

I'm with John.

[Dr. John Deloney]

I'd like to see.

[Ken Coleman]

So here's where I'm going with this. All right? So on the other side of that now is baby step three. So you have a $48,000 income. Quick math. What's a good emergency fund for him? Three months worth of expenses.

[Jade Warshaw]

I would start with 18.

[Dr. John Deloney]

18.

[Ken Coleman]

You feel good about that number?

[Trayvon]

Okay.

[Ken Coleman]

All right, let's fast forward. Right, so what's on the other side of baby step three for you? Baby step four. And what are you doing in baby step four? Help him out crowd.

[Trayvon]

Yeah, help me out. Investing. 15 to 20%. Yes.

[Ken Coleman]

And how old are you right now?

[Trayvon]

I'm 29.

[Ken Coleman]

29, yeah. James, do you have. Can we do a quick investment calculator?

[Jade Warshaw]

I got it.

[Ken Coleman (Host)]

All right, I got you.

[Ken Coleman]

Because this was the heart of your question, wasn't it you were like, I want to start investing. I feel like I'm 29, I'm almost 30, and paying off this debt. You were going, I'm not investing.

[Ken Coleman (Host)]

Am I right?

[Ken Coleman]

Is that what I heard?

[Trayvon]

Right? I do have. I want to add one little thing, too. So, like, if I want to, like, obviously preparing for marriage, how much should I be putting towards the ring? You know, from that standpoint as well?

[Dr. John Deloney]

Is she here?

[Trayvon]

Yes, she's right here to my left.

[Ken Coleman]

Well, but which is the bigger question? Saving for the ring or, hey, should I get out of order on the baby steps? You know what our answer is. I've already made the point. You're not far away from being able to be into baby step four. And Jade's going to do a little investment calculator. So pick him up at what, 30 years of age?

[Jade Warshaw]

Yeah, I'm going to pick you up at 30. Do you already have anything in there?

[Trayvon]

What do you mean?

[Jade Warshaw]

Do you already have anything invested?

[Ken Coleman]

Any 401k or anything?

[Trayvon]

Yes, I do.

[Jade Warshaw]

How much?

[Trayvon]

About, like, 3,000.

[Jade Warshaw]

Okay, so I'm going to put that in there. So we'll start this at age 30. Assuming you're going to save up the 18,000, you have an engagement ring to buy. You have $6,000 of debt to pay off. Let's say that. And this is very conservative because I'm just going off the $4,000. I'm not doing it off your gross amount. So let's say 600 bucks a month, average rate of return, annualized, we'll say 10%. Okay, so if I calculate that from age 30 to. Let's go with 65. Does that sound good?

[Trayvon]

Yeah.

[Jade Warshaw]

Okay, that's going to be. Drumroll, please.

[Ken Coleman]

Oh, very nice.

[Jade Warshaw]

$2.375 million million dollars. And that's assuming nothing gets better from here on out. So the bar, like, the bar is low here, right?

[Ken Coleman]

So, Trayvon, you see what we just did? Don't go out of order.

[Jade Warshaw]

You don't need to.

[Ken Coleman]

You're a young man. You're going to be very wealthy. You should see the smile on the face of that lady next to you

[Ken Coleman (Host)]

when she saw $2.375 million.

[Dr. John Deloney]

You didn't think he had it in him, did you? Look at her.

[Ken Coleman (Host)]

She's like. She's like, what's up?

[Ken Coleman]

Look at this.

[Jade Warshaw]

And that's not even like, yeah, once you guys get married, you're going to be contributing to that. Like, you guys are going to be off the hook.

[Ken Coleman]

That number's low, is what she's selling you, right?

[Dr. John Deloney]

You got us.

[Trayvon]

Yes, I got you. Yes. Sounds good.

[Ken Coleman]

Now, do you want to add. You want to weigh in on the cost of the ring?

[Ken Coleman (Host)]

This was a hot topic in Charlotte.

[Jade Warshaw]

I think ma' am next to him needs to weigh in.

[Ken Coleman]

Have you picked out the ring?

[Lauren (from Salt Lake City)]

No, not yet.

[Ken Coleman]

Have you given him any guidance? Not a ton. Not a ton.

[Dr. John Deloney]

Did you?

[Ken Coleman]

Listen, Trayvon, I do. Do you have an idea what that number is without saying anything?

[Trayvon]

I say between four to eight.

[Ken Coleman]

Oh, you went ahead and said it. Okay.

[Ken Coleman (Host)]

I'm like, I'm trying to make it easy on him.

[Dr. John Deloney]

So 4 to 8.

[Ken Coleman]

How do you feel? I feel great about that.

[Jade Warshaw]

I feel really good about that. How do you feel about that?

[Lauren (from Salt Lake City)]

I mean, honestly, mine was lower than his.

[Jade Warshaw]

Okay, great, bro.

[Dr. John Deloney]

Lock fist down.

[Ken Coleman (Host)]

Now lock it in. Do you want to say a little

[Ken Coleman]

something to her right now? Have you already asked her? Not right now. Not yet.

[Trayvon]

Not yet, not yet.

[Dr. John Deloney]

No, we got you. This is going to be big time.

[Ken Coleman (Host)]

Yeah, because Jake can sing. I mean, John's licensed somewhere on the

[Ken Coleman]

Internet to do something.

[Ken Coleman (Host)]

I mean, we could just get it

[Dr. John Deloney]

and wrap this up tonight.

[Jade Warshaw]

We can play John Legend right now.

[Ken Coleman (Host)]

I love it. Hey, everybody, give Trayvon some love. That's awesome. Okay, who do we have next? Lauren.

[Ken Coleman]

Give Lauren some love as she comes to the mic.

[Ken Coleman (Host)]

Where is Lauren? Yeah, come on down. Hi, Lauren.

[Lauren]

Hi.

[Ken Coleman]

Who do you have with you?

[Lauren]

My husband.

[Ken Coleman]

Oh, very nice. Tell us your names and where you're from.

[Christian]

My name is Christian origin, from West Africa.

[Ken Coleman]

Okay, great.

[Lauren]

And I'm Lauren. I'm from Reno, but I live in Denver.

[Ken Coleman]

Okay, great. All right, so what's your question?

[Lauren]

So it's. I don't know if we're gonna need judgment.

[Ken Coleman]

Oh, I can go get the wig. We'll give it to you.

[Jade Warshaw]

You might need to.

[Lauren]

We'll see. So we've been following the Ramsey plan for, I don't know, eight months. And we've paid off about 120,000 of debt.

[Lauren (from Salt Lake City)]

Yeah, yeah,

[Lauren]

definitely most of that was my student loans from graduate school. Very little credit card debt. We have no car debt. So we've moved through the steps pretty fast. And we're now like in step six about. And we disagree on the percentage for investment right now because we started investing probably in the last couple of paychecks to the max amount that we can. And now we're in the step where we can start putting more toward our mortgage. We have a 15 year mortgage, and it just feels a little tight. And I can't get him to see that it feels a little tight.

[Ken Coleman]

Okay, tell us your position. We'll start with you. So what is your position on how much?

[Lauren]

Well, I would like to be within the, like, 15 to 18%, and right now we're at, like, 22%.

[Jade Warshaw]

Oh, investing 22%?

[Ken Coleman]

Yeah.

[Ken Coleman (Host)]

Christian is like, let's go.

[Lauren]

Well, in all fairness. So we're both 38, and we have not saved much for, you know, we don't have a ton in our 401ks. He has much more than I do. And so I think the. I won't speak for him, but I've heard the argument.

[Ken Coleman]

Let's hear from Christian. So, Christian, why are you wanting to invest more than 15%? What's the fear driving this?

[Christian]

Well, thank you, Ken. Maybe because it's the number. So at the beginning of this month, I saw the stock market tank, and I told her, well, let's mass the 24,000 for IRS limit for the year, because I'm a CPA. So I was telling her that. So as you said, no, Ramsey says 15%. I said, I think they say at least 15, not at most 15.

[Jade Warshaw]

Well, you're in baby step six. Is that what I heard?

[Christian]

Yeah.

[Ken Coleman (Host)]

So.

[Christian]

Yes. So, yeah.

[Jade Warshaw]

Yeah. So are you putting anything extra towards the house?

[Christian]

Well, that is where I was telling her that since what is going on on the stock market now, and I think for me is a good opportunity to buy. So I said, well, let's throw in the 24,000amonth for each so that after a year, when the markets start going up, we can back up from the investment and now throw in the mortgage.

[Jade Warshaw]

I hear you, Christian. Your thought process, I get it. You're like, hey, I'm going to take advantage of the stock market while it's down. It makes sense. It does. You're just not in that spot to do it yet. Right now is the time to throw any and all extra money that you guys decide at the home mortgage and start paying that off. You're doing the 15%. That is great. As if you want me to bust out the calculator again. Although I have a feeling you've calculated this.

[Ken Coleman]

We do it, like, every time.

[Jade Warshaw]

Yeah, I can tell, like, you're going to be just fine. Because the thing is, if you go ahead and start paying this mortgage off when the time comes, if you wanted to invest 25%, if you wanted to, I mean, you could really just go hog wild on this. I think you're very, very excited. And for whatever reason, and I tell people this all the Time investing, paying off your home mortgage, that's an investment too, right? It's still an investment. It's just in it on a different median. Right. So I would go ahead and follow the baby steps and do it that way and go ahead and do the 15% for now.

[Ken Coleman]

But your face is saying.

[Ken Coleman (Host)]

But the thing. Jade.

[Christian]

I think.

[Ken Coleman (Host)]

Don't argue with Jade.

[Jade Warshaw]

No, listen, let's go.

[Christian]

Okay. We grossed like 250 and basically think about our mortgage is like around 2,500. So for me, that's the most. The biggest expense besides other childcare. But, like, I think we still have a margin. But she does not think so.

[Jade Warshaw]

But if you do, you probably do have the margin. I'm just saying put it towards the mortgage because how much is left to go on the mortgage?

[Lauren]

Yeah. Like maybe 1,000.

[Jade Warshaw]

No, no, no. I mean total.

[Lauren]

Oh, total.

[Gail]

Oh, about 250.

[Jade Warshaw]

250. I think. Here's what I think happens. I think it's because the money is the money, right? It's either going to one investment or another. What it is is it's very daunting to look at a $250,000 mortgage and go, well, I'm going to chip away at that little by little. That feels mentally daunting. What doesn't feel daunting is I have a goal to save up 250,000 over here. Right. And so I think it's just your mind going to what you think is going to be the easier play when really it's the same thing. You're still, you know, the house is still getting paid down. You're still going to be able to have the money to invest later. So think about that, because I have a feeling that that's what's pushing you, is it feels daunting to pay off who here is on baby step six? Is it daunting to pay off the mortgage? There you go.

[Dr. John Deloney]

And, Christian, can I throw something at you and tell me if I'm wrong, ma'.

[Ken Coleman]

Am.

[Dr. John Deloney]

Okay. In my house, my wife sleeps just fine with a mortgage. She slept just fine with her payment on her Corolla. It doesn't have a visceral response in her. I can't breathe. If I owe somebody money, I wish I could just snap my fingers and say, it is what it is. A great gift she gave me was to say, I don't have this same anxiety in my chest that you do about money, but if it means this much to you, I'm in. Let's do this thing. Like, let's make sure we're putting money in retirement, whatever. But I'll forego a vacation. I'll forego fancy stuff. Because I love you enough that if we do this thing on the back end, when we paid our house off, you better believe we went on the stupidest vacation I could imagine. But it was a gift she gave me. Cause she said, it's you and me, ride or die. And if this means that much to you, if we can still keep putting money away, I'll be a part of this thing. And so even if you just set the numbers aside, I'm hearing this mortgage weighs on you.

[Lauren]

Yeah. It'd be great to be completely debt free.

[Dr. John Deloney]

Okay. And I also think this and this is a totally new variable that we haven't put on the table yet. I think you could get really far if you sold, like, two of those suits you have. You look incredible, man.

[Ken Coleman (Host)]

That's true.

[Dr. John Deloney]

Thanks.

[Ken Coleman]

Yeah. You know, I would just tell you that, Christian, it's really important to her. And you need to lean in on this because you're gonna be fine. You're every day on the website, according to your wife. Like, we're looking at the investment calculator, you know? You're gonna be fine. Nobody needs to tell you that. But to her, I think John just laid it out beautifully. And I'm gonna put the pressure on you, man to man. You gotta listen. You and Clifton, man, you guys need to form a group.

[Christian]

I will give in tonight.

[Ken Coleman (Host)]

You will give in. Quick, last question.

[Christian]

Any tip on making the budget meeting pleasant and consistent?

[Ken Coleman (Host)]

Okay. Is this. So you're the nerd? Yes. And you're the free spirit.

[Lauren]

He's a big nerd.

[Ken Coleman (Host)]

Okay, what do you think, Jade?

[Ken Coleman]

This is interesting.

[Ken Coleman (Host)]

Make it fun.

[Jade Warshaw]

Making it fun and creative. Do you make budget meetings?

[Dr. John Deloney]

I mean, marijuana's legal and. I'm just kidding. Don't do that, don't do that, don't do that.

[Jade Warshaw]

So I'd like to hear from Lauren. What causes the budget meeting to not be fun?

[Dr. John Deloney]

I could tell you right now. Can I guess? Can I guess?

[Ken Coleman (Host)]

Here's what happens.

[Dr. John Deloney]

Christian brings the completed plan, and then Lauren says, okay, but food costs more than $9 a month. And Christian's like, first, let me turn the suit this way. And then he says, I think we can make it right.

[Ken Coleman (Host)]

You know how to fix that, don't you?

[Lauren]

Without a doubt.

[Lauren (from Salt Lake City)]

Yeah.

[Ken Coleman]

Make him eat rice and beans and you eat real food, you know?

[Lauren (from Salt Lake City)]

Yeah.

[Lauren]

Like, our kids don't need to eat.

[Ken Coleman]

Like, they'll be fine, you know?

[Jade Warshaw]

Okay. So it sounds like for you, it's you're walking into a persuasion. Like you're walking in having to already have an argument prepared.

[Lauren]

Definitely.

[Jade Warshaw]

What would happen? What would happen if you sat together and as you go down the line, items, you decide together what the amount is versus Christian already having one set and you having to agree to it. Is that better or worse?

[Lauren]

There's just so much negotiation on every single thing, and then it's still the same argument, buddy.

[Jade Warshaw]

You gotta loosen the purse strings.

[Gail]

He does.

[Ken Coleman]

You realize you pulled off the greatest negotiation of all time, getting her to marry you, right? Take the dub, man. Take the win.

[Ken Coleman (Host)]

You gotta relax a little bit.

[Ken Coleman]

You gotta hear this from her.

[Dr. John Deloney]

All right, here's the plan.

[Ken Coleman (Host)]

I got you.

[Dr. John Deloney]

You bring a completed budget and set it on the table. She, for the next six months, has to change at least three, preferably five line items by $1, $50, $500, I don't care. And you gotta be like, I love you for making that change. You can under the table, you can be like, but you have to practice doing this thing together. Y' all are co creating this marriage together. And also, you've got a set of skills. Like, you're good at numbers, you're good at budgeting stuff. And you also have to practice. I'm going to trust her to also give us some fun and some joy in this house.

[Ken Coleman]

And I'm going to do my best to try to help out.

[Ken Coleman (Host)]

You need to loosen up. Let's go. Here's a bottle of red wine. The next budget meeting. Look at me. The next budget meeting, you drink about half of that before you start, okay? All right. Give him some love. That's fun. Oh, man. Quick thing, John, I want to tee

[Ken Coleman]

you up real quick. You know, just couples in there. We got a lot of people watching this on YouTube, obviously everybody in the room. But this idea of knowing how your. I want you both to speak this, knowing how your partner is wired about money, you got to get that first. Or else the budget meanings like Charlie Brown's teacher. True or false.

[Dr. John Deloney]

Yeah. It becomes a proxy war. It becomes a place that we have a fight that really the disagreement is about, I don't feel safe in this situation. And the greatest gift you can give to your spouse is safety and trust. And so if y' all keep having this fight about, I think this line item's wrong, and I made this budget

[Ken Coleman]

back all the way out.

[Dr. John Deloney]

And ask yourself, why is it so important to me that this thing be mine and only mine? And ask yourself what is it about owing somebody money that scares me? And then put that on the table and share that together, and let's get beneath the budget fight, and let's get to the real connection underneath it.

[Ken Coleman]

Jay, give us a word to couples on getting on the same page.

[Jade Warshaw]

Oh, that's a good one. Sam and I, we've vacillated between who's the spender and who's the nerd. And so there's been seasons where I'm the spender and I know what that feels like to be shut down. And then there's season. Seasons where I'm more nerdy and he's wanting to spend. So I think just having grace for where each other is in the season, and to John's point, really getting underneath it and go challenging yourself to ask, why do they value that so much? And then when you can understand it, it's easier for you to meet them halfway if you can try to understand it a little bit.

[Ken Coleman]

Love it. All right, we're gonna go next to Stephanie, everybody. Give Stephanie some love.

[Ken Coleman (Host)]

Stephanie, hello. Where are you from?

[Stephanie]

I'm from Salt Lake City.

[Ken Coleman]

Salt Lake City. Very nice. Okay, what's your question?

[Stephanie]

So I'm currently on baby step two, and so with all the knowledge and information I'm going through, it's extending into my family now. So my main question is, how do I talk to my siblings about their money habits currently? You know, like, they want to buy the expensive things. They want to look this successful. But. But I was hoping to get some more encouragement to them to, like, let's talk about financial security and what it looks like. How's that gone so far without damaging our relationship? I get the nods, you know, I get the.

[Jade Warshaw]

Okay, cool. Did they ask?

[Ken Coleman (Host)]

Yeah.

[Dr. John Deloney]

Have they ever asked?

[Stephanie]

No, it's more like, oh, you need money to pay for your car payment or to buy the latest jersey or, you know, someone's coming into town for a concert, and they want to borrow the money so that they can go. But they'll pay me back when they get paid.

[Dr. John Deloney]

Yeah. I think one of the hardest things for people is when you have loved ones that are making choices that, you know, aren't healthy or good for them. It's hard, and it's really hard when they don't want your advice. They would never ask for your advice. And in fact, they take your advice as an affront or an attack. Right?

[Stephanie]

Yes.

[Dr. John Deloney]

I think in Pitch in, I think the greatest gift you could give them is to just live peace. Don't owe anybody money. Buy Presents with cash buy, like be such a radiant joyful presence. Cause you don't owe anybody anything, you're free. That hopefully when the dam breaks, and it will, they know, oh, I know there's a light in the dark somewhere. And I'm gonna make that call. And that call may never come, by the way. And you grieve that and you go do the next right thing. But I've just made it, dude. I've ruined. I've got several of my oldest friends, the friends I've been friends with for 30 years here. They'll tell you I have ruined.

[Ken Coleman]

I'd like to meet them later.

[Dr. John Deloney]

They're incredible. I have ruined parties, dinner, get togethers by trying to over advise and lecture. And I can be so annoying. So I just a few years ago said like, I'm gonna stop giving advice to people who don't ask for it. And what I've given myself is peace. I have much more pleasant dinners. And weirdly more people circle back and say, hey, can I ask you your thoughts on something? Right? And so if they're not asking for it and you've tried and they just give you that nod like you're trying to sell them essential oils. If you sell essential oils, stop. But like, like,

[Ken Coleman]

I think it's like half the audience awkwardly as I scan.

[Dr. John Deloney]

I got a buddy who's like in congestive heart failure and his wife's like,

[Ken Coleman (Host)]

just put some thieves oil.

[Dr. John Deloney]

No, I forgot we're in Denver.

[Ken Coleman (Host)]

You gotta read the room, buddy. My bad, my bad. You said that and half the room

[Ken Coleman]

went, ugh, yeah, this is my quick take.

[Dr. John Deloney]

Next we're go around and ask each other who you voted for.

[Ken Coleman]

No. Well, you know, it's interesting. I want to flip it for you. How many siblings do you have?

[Stephanie]

I'm the oldest of five.

[Ken Coleman]

Okay, has there been a time where one of your siblings started advising you or started telling you about something that they were excited about, or who they were voting for, or where they were going to church? Has there ever been a situation like that where they were a little enthusiastic to you and you were like, okay, thanks.

[Stephanie]

Yeah, the oils.

[Ken Coleman (Host)]

The oils.

[Jade Warshaw]

Yeah.

[Ken Coleman (Host)]

Really?

[Stephanie]

Essential oils.

[Ken Coleman (Host)]

Well, that's like big in Salt Lake, right? Isn't that like ground zero?

[Ken Coleman]

That's interesting. That's why it smells so good.

[Ken Coleman (Host)]

Salt Lake.

[Jade Warshaw]

I think it smells nice in the whole city.

[Ken Coleman]

Yeah, I think so. It's wafting. It's just wafting out of everybody's houses. Okay, so back to your situation. You didn't like it, did you? Felt a little uncomfortable.

[Lauren]

Weird.

[Stephanie]

Yeah, for sure.

[Ken Coleman]

That's what you're doing to them. And I'm not picking on you. I'm just putting the shoe on the other foot there. And I think John's advice is fantastic. I think you just got to live it out and just grace, lot of grace. And when you feel tempted to go, but I do this, and Dave Ramsey says that don't just live it out. And I think you're going to be okay. And you got your own journey to win, you know, so the best thing you can do is walk through the baby steps and get really healthy. And now they're looking at a model of what they want in their life. And John nailed it. It's peace.

[Dr. John Deloney]

How close are you to paying off everything?

[Stephanie]

I still probably have about a good two years. Okay, two years.

[Dr. John Deloney]

Will you call into the show when you're there?

[Stephanie]

Well, yes, yes, I do. I like plan on it. It's just I hope my husband's on the. Well is with me when he. When I make the phone call.

[Ken Coleman]

Is he here tonight?

[Stephanie]

No, he's not. He's back home.

[Ken Coleman]

Okay, great. Same thing with your husband. Don't be preaching all the time. Just say, hey, I think this makes sense. What do you think about it? Ask questions. One of the things I learned way too late in life, in dealing with people in general, family, co workers. And I made a living asking questions. But it took me too stinking long in my personal life to stop making statements. I was making too many statements with my kids, with my wife, with my father. Too many dagum statements. I was just one big, giant conviction. You know what I'm talking about? And if I can be real for a moment, and I want you guys to weigh on this, I'll just do this very quickly, maybe just to help a lot of people in the room. I had to realize that while my conviction was pure and my heart was pure, it wasn't coming across that way. I was too busy making statements. And when you make a statement, it's like me throwing a ball right out here in the crowd.

[Ken Coleman (Host)]

And when I throw a ball right

[Ken Coleman]

here, what are you gonna do?

[Ken Coleman (Host)]

You're gonna react, you're gonna defend yourself, right?

[Ken Coleman]

I don't wanna get hit in the nose. And I think, John, I don't know

[Ken Coleman (Host)]

if this holds up clinically.

[Dr. John Deloney]

This is what I did.

[Ken Coleman (Host)]

Yeah, but I was throwing balls at

[Ken Coleman]

people's faces

[Ken Coleman (Host)]

with statements.

[Ken Coleman]

I'm as serious as I can be. I don't mind you laughing, but I'm telling you it's what I was doing. And if you shift this. And John knows more about this from his clinical and his education, all this stuff, but when you shift it to a question, the defensiveness goes away. Instead of throwing something at you, I hand you something. And if I hand something to Jade, she takes it and then it's hers. John, you need to finish that.

[Dr. John Deloney]

Even better than.

[Ken Coleman (Host)]

Well, maybe she doesn't take it from

[Ken Coleman]

me, but I took it.

[Jade Warshaw]

I just tossed it away after.

[Dr. John Deloney]

Even better. You're not handing them something, you're inviting them. Right?

[Ken Coleman]

That's the idea.

[Dr. John Deloney]

I'm not defensive. I think that's a gift. There's the old. And you may even know the theologian who said this, but preach every day to everyone, always. And use words only when necessary. Right? So let your life live this piece. Right?

[Ken Coleman]

Stephanie, you're awesome. Everybody, give Stephanie some love.

[Ken Coleman (Host)]

So fun.

[Ken Coleman]

John, I gotta go back to the essential oils thing. You're hating on him a lot, but you have a pretty funny story about your own experience with him.

[Dr. John Deloney]

I think you need to tell the audience. I think we are good.

[Ken Coleman]

Then maybe James needs to show for real.

[Dr. John Deloney]

I was clearing brush out at my house in the woods over Christmas, and I got covered in poison ivy and I had a whole drawer full of essential oils. And so I got what I thought was like, the healer kind. I got this stuff called oregano oil, and I rubbed it all over myself. Well, I was like, parts of my arm were falling off and my wife came in and I stepped out and I was like, hey, is this. And she's always like, telling me, you're such a baby, such a whiner. She looked at my arm, she's like, oh, we have to go to the ER now. And I was like, it's Christmas Eve. And she goes, we're going to the hospital now. Like, parts of my arm were coming off. And when I got to the hospital, it was one of the greatest. Like, when he said this, I was like, you're my doctor for life. This guy walks in in a rural Tennessee hospital Christmas Eve, and he goes, hi, I'm Dr. Braxton. Let me just get this out of the way. I'm working at a Doc in the box ER on Christmas Eve in rural Tennessee. I'm clearly not very good at my job. I was like, you're my man.

[Ken Coleman (Host)]

I thought he was gonna say he

[Ken Coleman]

just delivered a goat or something.

[Dr. John Deloney]

No, it was awesome. So no more essential oils for me.

[Jade Warshaw]

You forgot to put the. You have to put a carrier oil with it.

[Dr. John Deloney]

Well, see now you're just like. That's like. Now we're at Hogwarts and I'm.

[Ken Coleman (Host)]

Do you believe that?

[Ken Coleman]

Is that right? My wife's.

[Jade Warshaw]

Some of them. You can't put directly. You have to put it with a. It's too strong.

[Dr. John Deloney]

You can't triple stamp a double stamp. All right, listen, raise your hand if you ever get weird spam, text or emails. All right, listen, I joke all the time. I hate being online. And here's the truth. I am online. My whole life and career is online. I'm on podcasts, social media, YouTube, everywhere. And because of that, my personal information is all over everywhere. And somebody whispering to me.

[Ken Coleman]

Wow. It was.

[Jade Warshaw]

It was in our. It was in our. In ears.

[Dr. John Deloney]

I thought you were saying, john, you're doing this terrible.

[Ken Coleman]

No, that's just a voice in your head.

[Dr. John Deloney]

Oh.

[Ken Coleman (Host)]

Does anybody have an oil for that? Yeah, we can rub it on his scalp right now.

[Ken Coleman]

I'll rub it on your scalp.

[Ken Coleman (Host)]

It'll be great.

[Dr. John Deloney]

We're going to have to edit this back. Is that cool?

[Ken Coleman]

It's okay. Just keep going.

[Dr. John Deloney]

Do they know that we're doing an ad?

[Jade Warshaw]

We're doing it.

[Ken Coleman]

John.

[Ken Coleman (Host)]

John has the subtlety of an anvil.

[Ken Coleman]

Yeah, just start back over. Hopefully the whispering will stop.

[Dr. John Deloney]

This is a live radio show, so I'm doing an ad. Are we cool?

[Ken Coleman]

Hold on one second.

[Dr. John Deloney]

Not good at this job.

[Jade Warshaw]

If it. Do you want me to read it?

[Ken Coleman (Host)]

All right, everybody raise your hand if

[Dr. John Deloney]

you ever get weird spam, text or emails. Right? Listen, I joke all the time that I hate being online, but that's my whole job. I'm on YouTube, I'm on podcasts, I'm all over the Internet. I'm everywhere. And because of that, all my personal information, pictures of me, my stories about my life, everything is also online. But even though you don't host a national show, your information is also all over the Internet, too.

[Ken Coleman]

And we all know this. In your personal life, in your professional life, your reputation matters. Think about how many years you spent building trust and getting momentum. Your character and consistency is what people know you by. And all of a sudden, your entire reputation can go up poof. Just like that. Because data brokers are posting your data online without your consent. So that's why all three of us use Delete Me and we recommend that you do it as well. This is. Think about this. Your phone number, home address, old email accounts, all your family's info, it's all out there. And it makes you vulnerable to spam and scams. So this is dangerous stuff, okay? Deleteme goes to hundreds of those data broker sites, removes your stuff. And this is the best part, they keep going back and remove them. So you don't have to worry about it. They take care of you. And you can get right now 20% off an annual plan at JoinDeleteMe.com Ramsey. That's JoinDeleteMe.com Ramsey. And that, John, is how you do a professional ad read.

[Ken Coleman (Host)]

I'm sorry. I mean, I felt like we were in that commercial where they bring the backup QB in, you know? I was like, jade, you're in.

[Jade Warshaw]

I was ready.

[Ken Coleman (Host)]

You were ready. Oh, John, you're. I'm not good at.

[Dr. John Deloney]

I'm trying.

[Ken Coleman]

Okay.

[Jade Warshaw]

You did good.

[Ken Coleman (Host)]

Hey, while we're here in Denver, we

[Ken Coleman]

decided to get out on the streets and talk to people about money. If you had a $1,000 emergency today, just out of nowhere, what would you do?

[Jade Warshaw]

Go to my savings.

[Ken Coleman (Host)]

What do you have in savings?

[Jade Warshaw]

I don't want to tell you that.

[Ken Coleman]

Honestly, I don't know. I don't know. I'm not too good with my money. Who would you call? Probably my family. I would cover it because I've saved.

[Ken Coleman (Host)]

You got the money.

[Ken Coleman]

It's not even a blip.

[Lauren (from Salt Lake City)]

I've saved enough money where I could

[Jade Warshaw]

easily pay it off.

[Lauren (from Salt Lake City)]

My father is a wonderful human being and I would probably say, hey, dad, please help me. I'm crying.

[Ken Coleman]

Do you think about things like having an emergency fund at this stage of your life?

[Lauren (from Salt Lake City)]

Not as much as I should. For instance, my car desperately needs new tires. And I have put that off and put that off. When it happens, I'll have a rude awakening.

[Ken Coleman]

Call Chris, you have young kids and say, I need new tires. Say, well, that's, you know. That's a problem you have, isn't it?

[Jade Warshaw]

If they ask you how you are, you just have to say that you're

[Ken Coleman]

fine when you're not.

[Macy]

Really.

[Ken Coleman]

Right.

[Ken Coleman (Host)]

Now, if you have a thousand dollar

[Ken Coleman]

emergency that hits you, what do you do? I can just pull from my emergency fund.

[Ken Coleman (Host)]

You've got it in the bank?

[Ken Coleman]

Got it in the bank. What do we call that in Ramsey Land? Baby step number one.

[Dr. John Deloney]

You got it.

[Ken Coleman (Host)]

All right. You thought it was a trick question. Hey, by the way, while we're talking

[Ken Coleman]

about amazing partners, you know, we're very careful at Ramsey on who we endorse. Fairwinds Credit Union. As you know, they're the title sponsor of our studio in Nashville. We'd love to see you guys come see us. And they're helping Us make this tour happen. So we're really grateful to whatever executive at Fairwinds Credit Union made this happen. So we want you to know. Great, great organization. We trust them. Go check them out. All right.

[Ken Coleman (Host)]

Now we're doing something fun.

[Jade Warshaw]

I'm ready.

[Ken Coleman]

Okay, Everybody's been asking us questions, and we will continue to do that. But now, John Jay, this is our turn to flip the script. In other words, we're going to ask you some questions. Okay. We want to hear from you what you think. So, Jade, I feel like you're the fairest of us all. Ladies first. What you want to know from the audience?

[Ken Coleman (Host)]

Hmm.

[Jade Warshaw]

I want to know, should the guy pay for all the dates, or is there ever a time to split it?

[Ken Coleman]

Ooh, what say you, if you're dating?

[Jade Warshaw]

This is for my singles.

[Ken Coleman]

Who's got an opinion? Raise your hand, because we want to hear you right here. Tell us your opinion.

[Royce]

My opinion is that when I ask my boyfriend out or when I ask another person out, I pay. And when someone else asks me out, they pay. Now, that being said, I don't assume.

[Ken Coleman]

What happens if they're in a relationship?

[Jade Warshaw]

Like married?

[Ken Coleman]

No, dating. You jumped really fast, is your question.

[Ken Coleman (Host)]

I wanted context from you. What do you think if they're.

[Jade Warshaw]

Well, if they're not dating, what are. What's the contest?

[Ken Coleman]

She just said, if I ask a person out, then I pay.

[Jade Warshaw]

Yeah.

[Ken Coleman]

If they ask me out. I'm saying now, if you're, like, been

[Jade Warshaw]

dating for a long time or six

[Ken Coleman]

weeks in, it's your question.

[Jade Warshaw]

I'll be honest. I'm always like, the guy pays.

[Ken Coleman]

Me, too. I'm old school.

[Ken Coleman (Host)]

Dude pays.

[Jade Warshaw]

Dude pays. But I also.

[Ken Coleman (Host)]

This crowd is crazy.

[Jade Warshaw]

That got a good response.

[Ken Coleman]

Decent response. If you think that you should go. Is it Dutch? Is that the term? If you think you should go Dutch. Let's hear your applause.

[Jade Warshaw]

Okay, that didn't hit right.

[Ken Coleman]

Very progressive people. That's great.

[Dr. John Deloney]

Very progressive people or very broke dudes.

[Jade Warshaw]

Okay, yeah, yeah, I want to know about that. I want to know a guy's opinion on this. Who is. Yeah, who feels it in their wallet?

[Ken Coleman (Host)]

Do we have a guy who's brave

[Jade Warshaw]

enough to say something?

[Ken Coleman]

Go against.

[Ken Coleman (Host)]

Up in the top.

[Jade Warshaw]

I see him. It was a bold hand raise.

[Ken Coleman (Host)]

Okay, we can't.

[Ken Coleman]

Can we get a mic to him? We can. All right, hang on. This is exciting.

[Ken Coleman (Host)]

What is your answer, sir?

[Ken Coleman]

I say, regardless of your financial situation, you asked her out, you pay. Let's go.

[S (Unidentified Male)]

But if she.

[Jade Warshaw]

What if she makes the plans? What if you're just talking, and she's like, oh, I'm going to go to dinner. Do you want to come with me?

[Ken Coleman]

Is that how that sounds?

[Jade Warshaw]

I don't know. I've never.

[Dr. John Deloney]

I was offended on behalf of women. I was for your voice.

[Jade Warshaw]

I've never asked the guy out. I don't know.

[Ken Coleman (Host)]

Is it Tinkerbell? Doesn't change. Still pay my guy daughter right next to you.

[Mason's Wife]

Wait a minute. Wait a minute.

[Ken Coleman (Host)]

Now who. Wait a second, ma'.

[Dr. John Deloney]

Am.

[Ken Coleman]

You don't just take over the show.

[Dr. John Deloney]

That's his. That's his wife.

[Ken Coleman (Host)]

Who are you?

[Mason's Wife]

I'm his wife.

[Ken Coleman (Host)]

You're his wife.

[Ken Coleman]

Okay.

[Ken Coleman (Host)]

Please, God, please tell me you paid once.

[Mason's Wife]

No, no, what I'm saying is he put it on credit cards that I'm now paying for as his wife.

[Ken Coleman (Host)]

Yikes. Whoop, whoop, whoop, yikes. This guy thinks he's a knight in shining armor, and his wife says, hold my beer, and she just jousted you off of your stomach, Steed. No, sir, you're done. You don't get to talk anymore. You got to know when to hold them and know when to fold them, sir.

[Dr. John Deloney]

I'm with you, brother. The gesture was right.

[Ken Coleman (Host)]

But you're right. You're right.

[Ken Coleman]

But you shouldn't have put it on credit card. But you're still right.

[Ken Coleman (Host)]

Look at this guy, won't let go.

[Jade Warshaw]

You thought you were doing the right thing at the time. I get it.

[Ken Coleman (Host)]

No, I agree. I, I absolutely a student.

[Macy]

And.

[Ken Coleman (Host)]

Hey, is that your daughter right next to you?

[Dr. John Deloney]

Sweetheart, listen to him. Not the credit part, but.

[Ken Coleman (Host)]

Okay, here's what I want to know.

[Ken Coleman]

I like this relationship tension. We love it. What's the last money fight you had? Who wants to share? Dr. John's in the house. Right here.

[Ken Coleman (Host)]

This lady, she was like the little kid in elementary school that was, like, right here down front. Right here in the middle.

[Ken Coleman]

Raise your hand, ma', am, so they could see you.

[Dr. John Deloney]

Oh, I wish I could see his face.

[Ken Coleman (Host)]

Is your husband with you?

[Ken Coleman]

He looks.

[Jade Warshaw]

Oh, he already knows what it is.

[Ken Coleman (Host)]

Somebody get him a Valium.

[Ken Coleman]

He looks like he needs it. Okay, tell us the money fight on

[Jade Warshaw]

the edge of my seat.

[S (Unidentified Male)]

About two weeks before Thanksgiving, the oven stopped working, and we had somebody come out who charged us $100. And he said, stove's fine. I could pick it apart and find something wrong with it, but nothing wrong with it.

[Lauren]

Okay.

[S (Unidentified Male)]

I go to make cookies about a week after Christmas, burn them because I couldn't regulate the temperature. And I said, honey, we need a new stove. And he Said, no, we don't. And I said, he wants to go

[Dr. John Deloney]

use the convection setting.

[Jade Warshaw]

No.

[Ken Coleman (Host)]

Oh, that's a low ball.

[Dr. John Deloney]

You sound like the golfer who's always blaming the club.

[S (Unidentified Male)]

So I was so mad at him. I was so mad. I'm like, we need a stove. And I was thinking back to, like, when we got married, and I was like, when I was single, I could just go buy a stove. I didn't have to talk to somebody about buying a stove. Like, I could just go buy it. And he's like, no, we don't need a stove. And I'm like, okay, I'm not baking anything. I am not baking. I'm not heating up a frozen pizza.

[Ken Coleman (Host)]

What was your reply? Hold on.

[Ken Coleman]

What was your reply to that? We're gonna go get a stove tomorrow.

[Ken Coleman (Host)]

Atta boy.

[S (Unidentified Male)]

I had just gotten a profit sharing check from work. I had cash in the bank. I'm like, we get to spend the

[Jade Warshaw]

money on the way to the heart is through the stomach.

[S (Unidentified Male)]

Then he went and baked something. And he goes, okay, the stove doesn't

[Ken Coleman (Host)]

work, but we got the stove.

[Ken Coleman]

So you paid cash?

[Ken Coleman (Host)]

Paid cash, yeah.

[S (Unidentified Male)]

President's Day weekend. They had a great sale at Home Depot.

[Ken Coleman]

Oh, so you guys waited. This saga started in Thanksgiving and you waited to February.

[S (Unidentified Male)]

He wouldn't let me buy a stove.

[Ken Coleman]

Well, to be fair, you can always go buy cookies at the grocery, but they're not the same. I get it. Well, this feels like a pretty mild fight. Dr. John, what do you see there?

[Dr. John Deloney]

I think what you did, actually, ma', am, is like, if I could get every couple on the planet to do what you did, it is. Here's the story I'm making up. I need a new stove, and you won't let me have it. Here's how I feel about this thing. And then most importantly, here's what I'm going to do, because I can only control me. So I am not cooking anymore. And you let it go, and then you got your stove. So well played. Well played.

[Ken Coleman (Host)]

Well played.

[Ken Coleman]

Absolutely. All right.

[Ken Coleman (Host)]

Any other quick questions? We got time for one more.

[Dr. John Deloney]

It's the dumbest thing you've ever done with money.

[Ken Coleman (Host)]

Yes.

[Ken Coleman]

Let's go.

[Dr. John Deloney]

Somebody raise your hand right over here.

[Ken Coleman]

This gentleman. We got time for just one. This gentleman in the hat.

[Dr. John Deloney]

It better be super dumb.

[Ken Coleman]

Went to Las Vegas for a car drag racing show with. I like how this is starting out. I came back with a 2012 Camaro SS.

[Ken Coleman (Host)]

Oh.

[Ken Coleman]

Had no intention to buy it. How much?

[Dr. John Deloney]

20 grand.

[Ken Coleman]

Gone now. Don't have it. Anymore.

[Ken Coleman (Host)]

Sold it.

[Dr. John Deloney]

Were you with her at the time? No.

[Ken Coleman]

No, no, no, no.

[Dr. John Deloney]

Because even you mentioning you bought a Camaro.

[Ken Coleman]

She went home, she had her hand on her head. She was embarrassed. No more missed the car, but glad I don't have the payment anymore. All right. I think what James, the fearless leader saying, we have time for one more. We have another dumb thing with money. Come on in the room this size.

[Ken Coleman (Host)]

There it is.

[Jade Warshaw]

Back in that corner.

[Ken Coleman]

Okay, I see that hand. It's another dude with a hat. This could be exciting.

[Dr. John Deloney]

Another Las Vegas story.

[Ken Coleman]

There's a theme.

[Dr. John Deloney]

We went to Las Vegas.

[Ken Coleman]

Hold on a second. Who are you checking with there? My wife. Oh, was she on this trip?

[Dr. John Deloney]

Yeah.

[Ken Coleman]

Oh, all right.

[Dr. John Deloney]

So what happened?

[Ken Coleman]

Bought a timeshare.

[Ken Coleman (Host)]

Oh, no.

[Ken Coleman]

We did get rid of it after

[Dr. John Deloney]

we started following Dave Ramsey, but we got it and paid it off. We were just paying the maintenance.

[Ken Coleman]

Well, I have something for you all.

[Ken Coleman (Host)]

You get the stupid tax award.

[Ken Coleman]

I'm just gonna come on down. I actually think I could throw this. Get right there on the. I'm gonna show my skills. Okay, you ready? Can you catch? Oh, boy.

[Ken Coleman (Host)]

I'm a little nervous. Here we go.

[Ken Coleman]

Look at that throw.

[Jade Warshaw]

Oh, he got it.

[Ken Coleman (Host)]

Hey, Zach.

[Dr. John Deloney]

Complete what they did. Going to Vegas and buy a timeshare. That's dumb. I'll tell you a story I heard recently. This is the dumbest thing I've heard somebody do with money. A guy took out his girlfriend and paid for every date with a credit card. And then he married her and made her pay it all back. How cool is that?

[Ken Coleman (Host)]

Well, I tell you, I wish that guy was here.

[Dr. John Deloney]

That'd be awesome. Wouldn't that be awesome?

[Ken Coleman (Host)]

We would roast him. Oh, man, that's really good. Okay, we are ready. Our next question is David.

[Ken Coleman]

Everybody give David a hand.

[Ken Coleman (Host)]

Thank you. David. David, where are you from?

[David]

Little town of Fairplay.

[Ken Coleman]

Okay, very nice. Who do you have with you there?

[David]

I have my teenage son, Helton. And a few weeks ago on the show, Dr. DeLoney said, make sure and embarrass your children as much as possible on behalf of all therapists in the country for future business. So I drug my son with me here, so.

[Ken Coleman]

And he looks a little angry. I'm not gonna lie to you. No, you're very cool.

[Dr. John Deloney]

I like listening to you guys.

[Ken Coleman]

You like listening to us. Thank you very much, sir. All right, what's your question?

[David]

So we've been on the baby steps about a year, and as a single father, working three jobs nonstop, you become. You lose motivation after a While starts to look daunting. So my question today is, as I look at this and I try to stay motivated, I've got a pickup sitting in the yard that I've planned to be my 20 year pickup. It's paid off. Should I part with that and try to rush the process a little further, or should I just continue nose to the grindstone and get this done in hopefully another year?

[Ken Coleman]

How much do you have left to pay off?

[David]

32,000.

[Dr. John Deloney]

How long you been chipping away at this?

[David]

A year.

[Dr. John Deloney]

How long you been a single dad?

[Nelson]

Eight.

[Dr. John Deloney]

Eight years.

[Ken Coleman]

How much does a truck. What would it get you?

[David]

Well, I put it up for sale and got no offers. But it's Kelley Blue Book says it should be about 32,000.

[Ken Coleman]

Yeah.

[Jade Warshaw]

Oh, wow. So it's worth the amount that you

[David]

have left, but it's six years old, and even though there's not many miles on it, I can't seem to find a buyer. But I'll continue.

[Jade Warshaw]

Do you think it's overpriced? Do you think you're charging more than somebody would pay?

[David]

I'm just going by Kelley Blue Book. I don't know, but I don't know if I want to part with it because I was hoping with the low miles, it'll be there forever.

[Jade Warshaw]

That's the part I'd want to play out. I'd want to play out. What's your fear around that? Selling it. And then what?

[David]

Just happen to have a junker of some kind, you know, when I've got something that hopefully will last longer than the year that I'm still stuck.

[Dr. John Deloney]

How much.

[Jade Warshaw]

How much time do you have to go?

[David]

Yeah, I really think I can be done in a year.

[Dr. John Deloney]

Oh, keep the truck, homie.

[Ken Coleman (Host)]

Keep the truck.

[Ken Coleman]

Yeah, that's something to hang on. Like, that's the finish line. How great would it be to only work one job and drive that truck around knowing it has no debt on it? Look at you.

[Dr. John Deloney]

That's awesome.

[David]

But when you hit that point in a year in, you're like, can I continue doing three jobs?

[Ken Coleman]

For how many hours are you working?

[David]

I lost track over 80 usually.

[Jade Warshaw]

I mean, I don't know.

[Dr. John Deloney]

What's your son's name?

[David]

Helton.

[Dr. John Deloney]

Hey, Helton. This right here, brother, is what a man looks like. Okay, Listen to me, brother. No dad is perfect. I know he's not perfect, but this is what you do when you got kids and you're trying to grind it up by yourself. You work three jobs and you are so tired you can't even See straight. And this isn't. Not by your hand, but it's in your lap. You've been able to pick up some extra stuff around the house. You're able to help out. Hey dad, I want to make dinner once a week.

[Ken Coleman]

Your.

[Dr. John Deloney]

Your brother sister. Help out a little bit to take some of this from him. I want to tell you, this is awesome. And brother, this is how legacies change. You got one more year left and this thing's over forever. Okay. Don't quit now. You're so. You're crushing. Okay,

[Ken Coleman (Host)]

okay.

[Ken Coleman]

I'm bringing. I'm bringing this back to Jade because I feel like we're on the Ramsey show now. Cuz I'm always sell the car and you know this and you're always like a little more thoughtful about this.

[David]

But.

[Ken Coleman]

But I'm also going to throw something out to both of you. So we're going to talk about you while you're standing there. Is that okay? It's going to be great. I wonder if for just a short season he backs it down to two jobs, it's going to push his payoff date back a little bit. Not a lot, but just enough to get a little bit of breath. It's kind of like when I train for that half marathon that you love to do. It's that. It's that little. It's that little two minute break goes a long way.

[Jade Warshaw]

It does go a long way.

[Ken Coleman]

And I'm not saying he should do it.

[Dr. John Deloney]

I'm just thinking jobs and pay off in 18 months instead of.

[Ken Coleman]

Yeah, for a season.

[Dr. John Deloney]

Yeah, for a season.

[Jade Warshaw]

I gotta tell you, I.

[Ken Coleman]

What are you thinking?

[Jade Warshaw]

I like that idea. There's not a whole lot of sentimental value in the truck.

[Ken Coleman]

I think I'm all for selling the truck.

[Jade Warshaw]

I think I'd let it go now mathematically he can keep it. But if I were in your shoes, bro, I'd cut it loose.

[Ken Coleman]

I think so.

[Dr. John Deloney]

Okay, I'd keep it.

[Ken Coleman]

So I'm actually with Jade, but I'm

[Ken Coleman (Host)]

always scared to say it. She's so scary sometimes. No, I'm kidding.

[David]

That's what we love about her.

[Ken Coleman]

I know. She's amazing. I think your problem is you're trying to sell it in fair play. It's a tough economy right now and $32,000 for anything is tough. So I think you gotta expand your pool. And I'd find some friends in a larger area listed on Facebook, marketplace, all the places. But I think if you get that truck in a larger pool, you can sell it. And boy, I Think that'd be great. You're home free, man. You're spending time with that kid. More importantly, you're smelling life and just enjoying life. I would sell the truck, but I think you gotta go. You gotta put it out somewhere else. So I say sell the truck, too.

[Jade Warshaw]

What are you putting towards. If you don't mind, you don't have to say this, but what's the amount of margin you're throwing extra at the debt every month.

[David]

So that varies because my side hustles vary. So sometimes it's 800 bucks, sometimes it's 3,000 or 4,000.

[Jade Warshaw]

Yeah, I think if you're in that three and $4,000 range, you're gonn up for something so fast that you really want after this is all said and done.

[Ken Coleman]

I think I drive a piece of crap for just the peace of life.

[Jade Warshaw]

Yeah. Would you rather drive a piece of crap or work three jobs for another year? That's the question.

[Ken Coleman]

I want to know what the audience thinks. If you would rather drive a piece of crap, let me hear from you. All right, that's what I would do. And by the way, I want you to know I'm not just saying this. My wife, Stacy, if she were here tonight when I took her on my first date, I was driving a 1982 Mazda 626 with 274,000 miles on it. And the cool thing about it was it was New Year's Eve, it was really cold. I went to pick her up, and I could take the key out of the ignition and let it keep running. That's how big of a piece of crap it was. And it actually was doo doo brown. It was a turd on wheels. And it was for a season. And I'm just saying nobody cares in Fair Play. Nobody.

[David]

No.

[Ken Coleman]

And if you're embarrassed by it, park around the block. They don't know.

[David]

Oh, it ain't about embarrassment. It's about functional. That's all.

[Ken Coleman]

Well, I figure, you know a bunch of guys in fair play that could keep some piece of crap going for a while, right?

[Jade Warshaw]

Maybe.

[Ken Coleman]

Yeah, you do.

[Dr. John Deloney]

All right.

[Ken Coleman]

Hey, this is a great. Oh, I got one thing for him. This is great. I love giving out awards. You guys okay, if I can do it.

[Jade Warshaw]

Yeah, do it.

[Ken Coleman]

Do it. This is a single dad, three jobs, 80 hours a week. I've got a glass container of uncooked rice and beans. Sir, this is for you.

[Ken Coleman (Host)]

Come on down. This is a meal. I mean, that's what you eat in the piece of crap on the way to the Third job. Give him some love, everybody. This is a great dude. All right.

[Ken Coleman]

Okay, so our next question. This one is brought to you by why Refi? How many have heard us talk about why Refi? Have you heard about. Yeah, that's great.

[Ken Coleman (Host)]

If your private student loans are in

[Ken Coleman]

default and you're not sure what to do, why Refi can help you explore refinancing with a low fixed rate and a payment plan based on what you can actually afford. Go to yrefi.comramsey. that's y r e f y.comramsey. it may not be available in all states. Jade, tell everybody who's up next. Who are we waiting on down here?

[Jade Warshaw]

All right, up next we got Lauren C on the mic.

[Ken Coleman]

Lauren, ladies and gentlemen.

[Ken Coleman (Host)]

Give her some love. Lauren, where are you from?

[Lauren]

I'm from Salt Lake City as well.

[Ken Coleman]

Oh, wow. Do you know the other person from Salt Lake City?

[Lauren]

I do not.

[Ken Coleman]

That's great.

[Dr. John Deloney]

Do you sell essential oils?

[Lauren]

I do not.

[Ken Coleman]

Do you use essential oils?

[Lauren]

I do not.

[Dr. John Deloney]

You can stay.

[Ken Coleman (Host)]

What's your question, Lauren?

[Lauren]

So about six months ago, I had my first disagreement about money with my boyfriend, particularly about debt, and it didn't go very well.

[Ken Coleman]

Tell us what that means.

[Lauren]

It was about a car lease. And I have been listening to you guys for a while, so I was really excited. I was like, no, no way. No chance. Like, let's save up, pay cash. And I think I came. I know I came on a little strong. He felt a little shut down. And so since then, our conversations have been a lot more surface level than I'd like them to be. We're both in this. We want to further our relationship, and we know that that means having deeper money conversations, but it just feels pretty daunting. So I'm just curious if you have any advice on how to navigate having those deeper money conversations. After a bad first impression, I hear

[Dr. John Deloney]

from you that you're taking ownership of melting this poor boy just because he wanted to lease a car. Is that fair?

[Macy]

Yes.

[Dr. John Deloney]

Okay. So the path forward is I. I want to take you to breakfast. And I say this all the time. Here's why I like breakfast. The sun is out. It's in the morning. Nobody's, like, overly smart.

[Jade Warshaw]

Who's going to pay?

[Dr. John Deloney]

For sure he's paying. Maybe you'll get lucky and he'll put on a credit card and you can pay it off later. Dude, I'm kick this thing till it's

[Ken Coleman]

just

[Dr. John Deloney]

so all right. And use I words. I want to tell you, I totally, like, came on too Strong. I have a real big thing about debt, and I just melted you. And I want to say I'm sorry. And here's the magic. I learned this from my friend Jefferson Fisher. Can I do this one over? Can I try this again? And if y' all can get that in your relationship now, when you're married 10 years from now, everybody says things off the top of their head. They get mad, they get frustrated. Being able to stop and say, I said that wrong. Can I say that over again? And the person that you're with has enough grace to say, go for it, man. That will cut off so many of your arguments, future resentments and fights and whatever. But you go first. Say I mess this up. Let me tell you. Debt leasing, here's the thing it does in my chest. Here's what debt means to me. Here's my story growing up. Here's why I believe in this stuff. Tell me your story about money. Like Ken said, ask questions, be invite, be curious, not judgmental. Tell me about how you grew up with money. I just don't think it matters. I don't think. And now you're going to get to the heart of these values issues, right? Curiosity over judgment every time. Unless he tries to lease a car. And then you just.

[Ken Coleman]

You know, it's interesting. We get these calls nonstop on the show, right? Getting on the same page, and it's just a constant theme. And I'm gonna tell you something. It's back to the same conversation that we've been having, but I think we gotta emphasize it, right? It's like they're not gonna jump on board with you until they know they want to be with you long term. Let's just start there. If you're dating.

[Jade Warshaw]

That's a good point.

[Ken Coleman]

Right? Like, let's just see if we're compatible on everything else. Now, money's massively important. I would never compromise your principles on that, right? On what you believe. But it's a little early. And we're not saying that to judge you, but, like, let's just ease into it.

[Dr. John Deloney]

How long have y' all been together?

[Lauren]

About a year and a half.

[Dr. John Deloney]

Is he already looking at rings?

[Lauren]

Yes.

[Ken Coleman]

Oh, that's a little bit more advanced.

[Lauren]

Yeah.

[Ken Coleman]

Is he here tonight?

[Lauren]

No, he's not.

[Ken Coleman]

Oh, that was going to be rich. I was going to get him on the mic. John.

[Jade Warshaw]

I like this conversation because it opens up the greater conversation of his philosophy on debt in general. And I might try that. John, you can correct me if I'm wrong, but I might back the Conversation out instead of focusing on this one thing and just talk financial philosophy in general. What are your views on. And if I were you, to Ken's point, I would don't share your views yet. Seek to learn about him. Ask him a bunch of questions and just listen. Because I find, and I know you make fun of me when I say this, but when the love goggles are on and one person says something, the other person's like, oh, yeah, I agree. I feel that way too. Right. Just let him talk and really get a sense of who he is and what he thinks. And then you can take that information and marinate on that for as long as you need to. Then come back and say, okay, when we spoke about this earlier, now you're repeating back a bunch of things that he said. He knows that you were listening. And now you can really attack it from having chewed on it a little while versus kind of going tit for tat in the moment.

[Dr. John Deloney]

But he's not going to be open and vulnerable unless you come and say, hey, I blew this. Like I attacked you and I came after you. I went full Dave Ramsey on you. And that wasn't super cool, right?

[Ken Coleman]

And throw us under the bus.

[Ken Coleman (Host)]

Yeah, yeah, yeah.

[Ken Coleman]

You know, like, I listen to this and da, da, da, da, da. And it really speaks to me and understand this. Rachel wrote a great book and I talk about it on the show all the time. Cause I think it's so vital to relationships. Know yourself, know your money. And so one of the greatest things you guys can do right now. And I love Jay's advice to kind of step back. This is where again, you just want to know what was money like in his house growing up? He's bringing that to the marriage, by the way. He's going to bring in what his mom did. He's going to expect you to do that. We all do this, by the way. First year of marriage is brutal. Nobody tells you about it.

[Jade Warshaw]

It's a wild ride because you got

[Ken Coleman]

two unique individuals bringing their environment with them. I'll never forget, it was like our first week back from our honeymoon. We're in our nice little apartment and I got home from work about six, I think I changed clothes, turned on the news, was nerding out, fully expecting. Stacy was making dinner about 6:45. I'm a little hungry and I'm looking.

[Ken Coleman (Host)]

We're in a two bedroom apartment. Where could she be?

[Ken Coleman]

She's in the bedroom. What I call foxing around, organizing, doing all kinds of stuff. And I go, so what's for dinner tonight. She goes, I don't know.

[Ken Coleman (Host)]

I haven't even thought about it.

[Ken Coleman]

I was like, I had to go

[Ken Coleman (Host)]

sit in the living room and go, what have I done?

[Ken Coleman]

Because in my house, Barb had dinner on the table and Ken Sr. Just

[Ken Coleman (Host)]

showed up like he was an old king. You know what I mean?

[Ken Coleman]

And he's a caveman.

[Ken Coleman (Host)]

God love him. Yeah, but that's what I was expecting.

[Ken Coleman]

Am I right? I mean, so we're bringing this in on money and everything else so early on, before this relationship gets serious, let's just see what he thinks about money in general. And hopefully after enough questions, if he's a healthy guy, he'll start asking you what you think.

[Dr. John Deloney]

Can I ask you one more question? Oh, go ahead. Are there other things you run over him on? Bring those to the table too. You don't have to share them in front of the Internet.

[Lauren]

I just get really excited. Like, I learn. I've learned so much from you all, and I just want to bring that here. And, like, he's always so ready for the next step in our relationship. And I just wanna say, well, I just want this, you know, this reassurance. So let's talk about this thing.

[Dr. John Deloney]

So that's. That's probably why he loves you. Cause you're passionate and you're excited and you're driven. That's awesome. And it's telling him when I'm about to melt you with my excitement and passion or whatever. Sometimes that excitement can turn into judgment. That can turn into beating you up over stuff. Let's come up with a way that you can say, let's pause, right? Let's back out for a second.

[Lauren]

Yeah.

[Dr. John Deloney]

And man, handling this stuff now is going to be awesome.

[Ken Coleman]

Lauren.

[Ken Coleman (Host)]

See everybody give her some love.

[Ken Coleman]

That was great. Thank you.

[Lauren]

Thank you so much.

[Ken Coleman (Host)]

Up next, we're going to go to Macy. Macy, come on down.

[Ken Coleman]

Oh, there she is. Macy. Hi. How are you?

[Macy]

I'm so good. How are you guys?

[Ken Coleman]

Great. What's your question? Where are you from?

[Macy]

Oh, I'm from just north of Seattle in Mukilteo. But I go to college about two minutes away from here.

[Ken Coleman]

Oh, well, thank you for making the trek.

[Macy]

Yeah, so I did drive. I didn't. I didn't walk. So sorry.

[Ken Coleman]

No judgment.

[Macy]

So I am a college student, like I said, and I work about 50 hours a week. I'm paying for college in cash, and my parents are helping me some, but they're. The money that they had to help me recently ran out. So I'm just Working on. Feeling like I'm burnt out.

[Lauren]

And.

[Macy]

Yeah, I recently stepped back from working on Saturdays for like a little Sabbath situation. But then I feel a little guilty for not working during that time. So I'm just wondering. Yeah. Oh, also feeling left out from like the college experience and life.

[Dr. John Deloney]

So. Yeah.

[Ken Coleman]

You know what? I want to recognize this young lady. She is absolutely crushing it. So I'm gonna let them jump in here. But I just want to ask when you took that Saturday, that Sabbath, which I think is so wise for such a young lady. Amazing. How much does that. If you were to do that a couple times a month, I'm just throwing that out there, not suggesting it. How would that. Would that put you behind the eight ball financially? Would that put you in a bad spot, like you're running that tight?

[Macy]

No, it wouldn't. But I just still feel like I either need to be working on homework or actually working, so.

[Dr. John Deloney]

Okay, let me challenge you. Okay. I learned this from my friend. She's a psychologist in New York. Her name is Dr. Becky Kennedy. She works with kids. She's amazing. She taught me this recently. Is it a violation of your core values to rest?

[Royce]

No.

[Dr. John Deloney]

Do you think people are wrong when they rest?

[Macy]

No.

[Dr. John Deloney]

Okay. Guilt is a good natural emotion that our body feels when we violate our own values. I don't think what you're feeling is guilt. I think you're managing somebody else's stories and expectations that they've put on you your whole stinking life and you're trying to make them okay. And you're paying the price for it. Cause you're burning out. Whose story are you carrying every Saturday morning just because you slept until 8:00'?

[Nelson]

Clock?

[Macy]

I feel like I just don't wanna disappoint my parents.

[Dr. John Deloney]

Okay.

[Macy]

Yeah.

[Dr. John Deloney]

Okay. Taking a break is good. Okay. Co dependence, needing them to be okay so that you can be okay will burn you alive. Okay. So feel that on Saturday mornings and say, that's not mine to carry. I'm gonna go do something fun. I'm gonna go to the game. I'm gonna go hang out with my friends. I'm in college and I'm working my. But I'm working so hard. And rest is good. Right? Sabbath is good. Restoration is good. And hear us say, we applaud you. It's awesome. Yeah.

[Ken Coleman]

And I want to add that friends are huge. Friends are huge on long journeys. Do you have a couple of girlfriends that you're thinking of right now that they know what you're doing, they know your schedule and they're for you. They're cheering for you. I mean, just picture one Saturday with them and just being a young kid and enjoying life, you know, friends, people that are for you. It will be like a jolt to your system. So I agree with John. I think you have to plan this. No guilt, no shame. I mean, look at you. You have the disposition of the son. I mean, you really. Doesn't she?

[Dr. John Deloney]

What grade are you in?

[Jade Warshaw]

Beaming.

[Macy]

I am a sophomore in college, so I'm 20.

[Dr. John Deloney]

Okay, can I tell you this? I'll get choked up. So I don't mean to. I won't make eye contact with them. My potluck freshman and college roommate who is now my smartvestor pro who handles my family's future is right there. A friend, Great friend. Kristen is sitting right next to him. Right next to Craig is his amazing wife, Melissa. I met them in college your age, and to this day, they're still ride or die with me. Okay, don't miss this opportunity to make friends that will show up when things are low, when things are good, or when you win the YouTube lottery and you show up in their town and they come right. Don't miss this opportunity. What Ken just said, man, friendships and relationships are everything.

[Ken Coleman]

Cool.

[Royce]

Yeah.

[Dr. John Deloney]

Take it Saturday.

[Jade Warshaw]

Thank you so much, Macy.

[Ken Coleman (Host)]

You're awesome.

[Ken Coleman]

Thank you.

[Ken Coleman (Host)]

All right, up next.

[Ken Coleman]

Oh, boy. You know what this is? We got a couple. Gail and Eric, everybody give them some love as they come to the mic.

[Ken Coleman (Host)]

Do I need to get my wig out again?

[Ken Coleman]

Is this a settle the debate? It's not.

[Nelson]

Shouldn't be.

[Gail]

We hope not.

[Ken Coleman]

We hope.

[Ken Coleman (Host)]

Oh, we'll give it challenge.

[Jade Warshaw]

We'll divide you an arm's length away.

[Ken Coleman]

Oh, wait, that's right.

[Ken Coleman (Host)]

Will divide you.

[Ken Coleman]

Okay, who's going to ask the question? Be up close to the mic so we can hear you.

[Lauren (from Salt Lake City)]

All right.

[Gail]

How do couples continue to stay aligned over time when one spouse is more financially anxious than the other? The anxiety served us really well when we were working to build a nest egg, save money for a kid's college education. But now that we're starting to approach, like retirement and thinking about spending money, it's really hard to picture. So spending any of the money for retirement.

[Ken Coleman]

So what baby step are you on?

[Gail]

So like probably like seven. Like seven.

[Jade Warshaw]

Wait a second, wait a minute, wait a minute.

[Ken Coleman]

You know this crowd, you're aware of the show?

[Ken Coleman (Host)]

There's no probablies.

[Gail]

Yeah, yeah. So we could pay off the mortgage if we wanted.

[Ken Coleman]

Okay, so how much? So what are you comfortable sharing? What's Your nest egg situation.

[Nelson]

So we own a essential oils business.

[Dr. John Deloney]

Get out, wizards.

[Ken Coleman]

There you go.

[Ken Coleman (Host)]

I love you, man.

[Ken Coleman]

That's good. That's well played.

[Gail]

So we've been following Dave from, like, the really early days with, like, the 15%. So 5 million.

[Ken Coleman]

Okay. And so which one of you. Not that I have to ask, but this is for the show. Which one of you is the anxious one with money?

[Gail]

The one with the question. Oh, I knew on the piece of paper.

[Ken Coleman]

Well, believe me, I knew you had to get that question exactly right. And you did a good job, by the way. Thank you.

[Gail]

Thank you, thank you.

[Ken Coleman]

Okay, so let's dive into this thing. What is it that you want to do, Eric, that she doesn't want to do? Now that we've been Gazelle intense and we're supposed to be intentional because we've been living like no one else so that we can. And Gayle is like, I'm not ready.

[Gail]

I'm not ready.

[Ken Coleman]

I know you aren't.

[Dr. John Deloney]

Yeah.

[Nelson]

Gayle worries enough for the three of us.

[Ken Coleman]

Yeah, that's funny. So what do you want to do? I want her to hear. I want you to share. You guys have talked about this. What does it look like now that you want to do? And she's like, no, we're not spending a nickel on this.

[Dr. John Deloney]

Yeah.

[Nelson]

I mean, it's probably just being a little bit more extravagant with some of the money.

[Dr. John Deloney]

Well, relax, dude. You only have $5 million.

[Jade Warshaw]

Yeah. And we want to hear specifics.

[Ken Coleman]

I think he's scared. If I can. Yeah, if you're scared, can you blink twice?

[Ken Coleman (Host)]

He's scared. He just did it, John. He's terrified.

[Gail]

Gail, I. I'm very sorry.

[Ken Coleman (Host)]

Don't apologize to me. Apologize to him.

[Dr. John Deloney]

Gail, what's. What's your.

[Ken Coleman (Host)]

What's your.

[Dr. John Deloney]

What's your core fear that we run out of. Of.

[Nelson]

But.

[Ken Coleman (Host)]

But.

[Dr. John Deloney]

Okay, take me to. Take me to the table. When he pulls up the. The laptop and says, honey, we're. We're out. We're out. Take me to that table. What's that fear that we're out of money? That's the top. Get beneath that. What is that fear.

[Gail]

That, like, we would be broke and then we'd be like. Like a burden on our children?

[Ken Coleman]

You have a picture in your mind.

[Dr. John Deloney]

You got it.

[Mason's Wife]

Yes.

[Dr. John Deloney]

You're a burden on your children.

[Gail]

Yes.

[Dr. John Deloney]

Tell me about that.

[Gail]

I would never want to be a burden on our children. We've worked so hard.

[Dr. John Deloney]

How would you be a burden on them?

[Gail]

We've worked so hard.

[Dr. John Deloney]

No, no, no. How Would you be a burden on

[Gail]

them by not having any money?

[Dr. John Deloney]

And then what?

[Gail]

And then failing? Yes.

[Ken Coleman]

Where have you seen that story in your life?

[Gail]

I guess, like my. Like my.

[Dr. John Deloney]

Yep.

[Gail]

Yeah, I was trying to think, like, just say it.

[Ken Coleman]

We know. Go ahead.

[Gail]

My parents did great, and they saved, like, so much money and worked so hard to, like, make sure that they wouldn't be a burden.

[Jade Warshaw]

So I feel like we.

[Gail]

I have to do the same.

[Ken Coleman]

So you picked up all of their fear and you thought, this is how I'm supposed to act?

[Gail]

That makes a lot of sense.

[Jade Warshaw]

Yes. I want to know.

[Gail]

And then poor Eric's along for the ride.

[Jade Warshaw]

I'd love to know what actions need to take. I'd want you to play it out in order. Which actions have to take place that you would blow through $5 million.

[Gail]

The Ooni Pizza oven is going to take us out.

[Jade Warshaw]

And truly, I would love for you to write those things out and look at them logically and go, are these rational or irrational? I would love for you to do that. Because the truth, I mean, we're laughing at it, but a pizza oven's not gonna take you out. 20 pizza ovens are not gonna take you out.

[Dr. John Deloney]

Two homes in Estes park, and you'll still have $2 million left.

[Ken Coleman]

Hey, Eric, what do you do for a living? And how much do you make?

[Nelson]

So I'm a federal government. A humble civil servant, I should say.

[Ken Coleman (Host)]

Do you both work?

[Mason's Wife]

Yes.

[Ken Coleman]

Combined income, 600.

[Jade Warshaw]

Stop it.

[Ken Coleman (Host)]

Okay, no, y' all need to stop now. I'm.

[Ken Coleman]

I mean. Okay, we're gonna get real for a second, all right, Eric, I'm putting you on the spot. I'm as serious as a heart attack. I want you to look at her, not us, and I want you to tell her something that you really want to do that's going to cost some money. And, Gail, I don't want you to say anything. I'm dead serious. Go for it.

[Nelson]

Corvette, definitely.

[Ken Coleman (Host)]

No, no, say it in the mic. Say it in the mic.

[Dr. John Deloney]

Go ahead.

[Ken Coleman]

A Corvette. A Corvette. And how much would said Corvette set you back? Because don't tell me you don't know. You look at it when she's not in the living room.

[Nelson]

So it's the new one coming out?

[Jade Warshaw]

Yeah.

[Ken Coleman]

What's that going to cost? Yeah, we'll budget 140. How about that? One hundred and forty. Look at Gail right now. She's breaking out in hives.

[Jade Warshaw]

Meanwhile. Meanwhile, you have this. I know you have cash. Aside from the 500 from the 5 million, how much is just sitting in

[Gail]

cash, like 200 for an emergency, okay?

[Jade Warshaw]

A Corvette emergency. No, not that.

[Ken Coleman]

No, not that emergency.

[Ken Coleman (Host)]

She's angry.

[Jade Warshaw]

I know. No wonder he blinks twice.

[Dr. John Deloney]

So here, listen. If you were to go, have you ever seen somebody for anxiety?

[Gail]

No. No. I like myself the way I am.

[Ken Coleman (Host)]

Wow. You know what?

[Ken Coleman]

I actually believe you.

[Dr. John Deloney]

Yeah, yeah, yeah.

[Ken Coleman (Host)]

Some people say that. And I go, yeah, that's not real.

[Jade Warshaw]

Well, we tried.

[Dr. John Deloney]

Here's the thing.

[Ken Coleman (Host)]

Yeah.

[Nelson]

It's.

[Dr. John Deloney]

It's. They. They call it exposure, okay. The path to stop this nuclear reactor in the middle of your chest, okay, is you have to practice. You have to go right through the middle of it. And so what that means is you have to look at Data and see $140,000. We could write a check and literally, we would not feel it. We wouldn't feel it. Nothing in our life would change at all. Except my husband would get these really goofy sunglasses and cruise around town in his new car, and I'd probably look pretty cool sitting next to him in it, right? That is the only thing that would

[Ken Coleman]

change in your life.

[Dr. John Deloney]

And I want you to feel that feeling and then go do the next thing right? Because here's what you're doing. You're.

[Ken Coleman]

You're.

[Dr. John Deloney]

There will never be enough for you to, quote, unquote, feel safe until you go right through the middle of the word, what's enough? Because you're going to get 10 million, and then you're going to be like, well, I don't know. Let's get right. That finish line will never move. And you're going to be 85 years old, and you're going to have a big retirement account, and you're going to have a really terrified husband sitting in a rocking chair on the other side of your porch, right?

[Ken Coleman]

He's so repressed that when I asked him to share something, he went to the top of the list and said, $140,000 car. Let's do a $25,000 vacation. Can we do that? And you spend a lot of time, ma', am in the spa. All right.

[Ken Coleman (Host)]

Hey, I got something for you. You're the ultimate nerd. Here's some nerd glass.

[Ken Coleman]

Oh, I'm dropping my pack. Oh, boy.

[Jade Warshaw]

I got you. I got you.

[Ken Coleman (Host)]

Come on down and get your nerd glasses. There you go. You've been a good sport. There you go. There you go. Oh, boy.

[Ken Coleman]

Thank you, Jade.

[Ken Coleman (Host)]

All right, who do we have next? We have Christina up next. Let's get Christina down to the mic.

[Ken Coleman]

Everybody give Christina a hand.

[Ken Coleman (Host)]

There she is.

[Mason's Wife]

So I have to defend his honor.

[Dr. John Deloney]

Whose?

[Ken Coleman (Host)]

Oh, it's the wife. It's the credit card guy.

[Dr. John Deloney]

Figures he would send you to fight his battles for him.

[Ken Coleman (Host)]

No, no, no, he's filming.

[Mason's Wife]

No, listen to this. This man. So when I met him, he had a lot of credit card debt. He did want to buy every meal for me, which is no ball. When I told him, hey, we should do the Dave Ramsey plan type of thing, I didn't really say it in that way. I kind of was like, hey, we should do this. And he was like, okay. And then he started listening to Dave Ramsey and he's like, we should do this.

[Lauren (from Salt Lake City)]

I was like, yeah.

[Mason's Wife]

So he stopped all of his credit cards. He turned his spending completely around. We have paid off probably over $100,000 since we got married three years ago now. We have fostered four children and we have had two more babies.

[Dr. John Deloney]

Oh, wow.

[Mason's Wife]

And he works his butt off.

[Ken Coleman]

What's his name?

[Mason's Wife]

His name's Mason.

[Dr. John Deloney]

Mason.

[Mason's Wife]

He's amazing. I just needed you. Oh, by the way, this is my daughter, also from another marriage, but he asked her permission to marry me. So if you wanna know why I married this amazing Mason,

[Dr. John Deloney]

you get to hardcore.

[Ken Coleman (Host)]

Rock. Star Wars Award. There he is. He's been a great sport.

[Ken Coleman]

He is so fun.

[Ken Coleman (Host)]

You're an awesome lady.

[Ken Coleman]

Thanks for sharing that.

[Ken Coleman (Host)]

I love it.

[Dr. John Deloney]

You married well, brother Mason.

[Ken Coleman]

You're a good sport. This is what happens when you speak up at a live event, you know, Let this be a lesson to you. There it is. The U Rock Award. Is that what that is, John?

[Dr. John Deloney]

Yes.

[Ken Coleman]

Yes. Okay. That's great,

[Ken Coleman (Host)]

Dude. There's a couple of.

[Dr. John Deloney]

In our culture, dude, men get kind of kicked a lot. And there's some. Several pretty. I mean, there's some pretty lame ones. I can see them. But there's some amazing men in this audience tonight, man. It's pretty impressive.

[Ken Coleman]

It's awesome. Thank you, John. I appreciate those kind words.

[Dr. John Deloney]

Yeah, you get.

[Ken Coleman]

Oh, you weren't talking about me.

[Dr. John Deloney]

No.

[Ken Coleman]

Okay, John, you're up next.

[Dr. John Deloney]

All right, everybody raise your hand. In this room, if somebody depends on your income. Kids, spouse, aging parents, somebody. All right, if you have people in your life who depend on you, you need term life insurance. And here's where people get confused. Insurance is not a baby step. You don't get to insurance like, it's a milestone. You put it in place so your family is protected while you're working the baby steps and beyond.

[Jade Warshaw]

Yeah, that's right. And getting term life insurance is so easy. If Something happens to you, it's going to replace your income so that your family can keep going. They don't have to worry about losing the house, they don't have to worry about losing the income. Everybody's taken care of and you can have peace about it. It's not an investment, remember, it's not a wealth building tool. It's simply protection. We would Recommend you get 10 to 12 times your income. It's very affordable, it's straightforward and it does really exactly what it's supposed to do and nothing more, nothing less.

[Dr. John Deloney]

We recommend Jeff Zander and their team. We've been recommending them for over 30 years. They're an independent broker. What does that mean? That means they work for you, not for the insurance companies. They shop top companies to find just the right policy at just the right price. No gimmicks, no upselling. I was using Xander before I started working at Ramsey because I trust them. Just the right coverage for you. Bottom line. Life insurance is not a baby step. It's part of your financial foundation. If someone depends on your income, you need term life insurance. Term life insurance is a way to say I love you. When you can no longer say I love you yourself. Go to Zander with A Z. That's Zander.com for instant online quotes.

[Ken Coleman]

All right, fantastic. Ladies and gentlemen, John Deloney. Jay Warshaw.

[Ken Coleman (Host)]

I would love for you to share

[Ken Coleman]

the dumbest thing you've ever done with money.

[Dr. John Deloney]

I don't know. There's a lot of dumb things.

[Ken Coleman (Host)]

I want a good one.

[Ken Coleman]

I want a good one Gambling, I suppose, all the time. Tell me about this. Just, you know, casinos.

[Lauren (from Salt Lake City)]

I do a lot of dumb things with money.

[Dr. John Deloney]

Really?

[Jade Warshaw]

Yeah.

[Ken Coleman]

Is this a daily thing?

[Lauren (from Salt Lake City)]

I like to spend out of my means. A lot of online shopping. I'm one of the people that if I see an ad on Instagram for anything cute, I'm just gonna add to cart buy immediately.

[Jade Warshaw]

Recently it sent the father of my children $2,000 for a car he did not get.

[Dr. John Deloney]

Uh, oh, we'll keep it G rated and just credit card debt. I spent $600 on Hot Wheels one time.

[Jade Warshaw]

Honestly, move here, it's kind of expensive, but, you know, I'm getting myself back up.

[Mason's Wife]

I'm getting myself back up.

[Ken Coleman]

Probably get my belly button tattooed. Wow, that feels painful.

[Ken Coleman (Host)]

Can we take a look at that?

[Ken Coleman]

Yeah, that sucks. Okay. Wow, look at that. How long does that take?

[Ken Coleman (Host)]

It took about, I think, two and a half, three hours.

[Ken Coleman]

Wow.

[Ken Coleman (Host)]

And how much did that cost?

[Dr. John Deloney]

300, 400 bucks?

[Ken Coleman (Host)]

You think it Would be dumb for

[Ken Coleman]

me to spend any amount of money on a tattoo.

[Christian]

No.

[Ken Coleman]

Look at me.

[Ken Coleman (Host)]

Do you think I could pull a tattoo off? Absolutely, man.

[Ken Coleman]

So up next, we have Aaron. But before we get to Aaron, I want to remind everybody, this whole night, brought to you by our friends at Fairwinds Credit Union. Thank you so much to Fairwinds. All right, let's go to Aaron. Is this you, Aaron? Hi. How are you?

[Mason's Wife]

Hi.

[Ken Coleman]

Where are you from?

[Lauren (from Salt Lake City)]

I'm originally from Chicago, but I've lived in Denver since 2001.

[Ken Coleman]

Okay, what's your question?

[Lauren (from Salt Lake City)]

Well, I have been following the Ramsey program for about a year and a half. I'm on baby step six, and I noticed you guys do a lot of events for, like, couples like love and marriage and things like that. And I was wondering, as a financially responsible single person, if you're ever going to do singles events.

[Ken Coleman]

Oh, boy, John, that's like your super bowl event, isn't it? What do you think about that?

[Dr. John Deloney]

I think we might have done it tonight.

[Lauren (from Salt Lake City)]

I know. We started, didn't we?

[Jade Warshaw]

She wants to finish that.

[Dr. John Deloney]

Who do you have your eye on?

[Lauren (from Salt Lake City)]

I did not. I only saw back of heads.

[Dr. John Deloney]

Listen, before this thing started, we got to talk to a select group of this audience. There's a single guy in here. He started his own business and his mom is here. Now he's with a woman, but they're not together. Oh, they made it very clear. They're Jeff's co workers. He might be right here on the front row.

[Lauren (from Salt Lake City)]

I would like to interview his mother first.

[Dr. John Deloney]

Well, you just made that real weird.

[Trayvon]

Yeah,

[Ken Coleman (Host)]

I do think this is fun.

[Ken Coleman]

I will tell you, if there is a single guy in this audience that would like to meet Aaron, now is your moment.

[Ken Coleman (Host)]

Do we have a brave soul?

[Ken Coleman]

I won't linger. Aaron, just relax. I got this.

[Jade Warshaw]

We need like, some romantic music.

[Ken Coleman]

Well, you know, I might break out of some Barry White if somebody makes a move. Anybody going once, twice? Wait a second. I see movement over here. What is happening?

[Jade Warshaw]

They're pointing.

[Ken Coleman (Host)]

This guy.

[Ken Coleman]

He does not look receptive.

[Ken Coleman (Host)]

Okay.

[Dr. John Deloney]

All right.

[Ken Coleman]

Sir, I can tell you're very uncomfortable right now.

[Lauren (from Salt Lake City)]

He lives in Fair Play, though.

[Lauren]

Isn't that.

[Ken Coleman]

You know him?

[Lauren (from Salt Lake City)]

Is that who you're pointing to? No, the. The guy with the truck.

[Ken Coleman (Host)]

He has an awesome paid off truck,

[Lauren (from Salt Lake City)]

but he lives in Fair Play.

[Ken Coleman (Host)]

Oh, the single dad. Okay. I didn't see you there. It's dark. Oh, boy.

[Ken Coleman]

This would make my career if we pulled this off.

[Ken Coleman (Host)]

All right, any. Any single guy that wants to meet

[Ken Coleman]

Aaron and If she's willing to go on a date with you, Ramsey Solutions will pay for the first date. You just got to tell our team

[Lauren (from Salt Lake City)]

we'll pick somewhere nice.

[Ken Coleman (Host)]

That's the best I can do. And they're paying.

[Ken Coleman]

Cause we're paying. You know what I'm saying?

[Lauren (from Salt Lake City)]

I love that.

[Ken Coleman]

We'll give them an envelope just to

[Ken Coleman (Host)]

see if they're the real deal.

[Ken Coleman]

You know what I mean? The guy's got to break it out, get his 20s.

[Ken Coleman (Host)]

Oh, gosh.

[Jade Warshaw]

That brings up another question.

[Ken Coleman]

Oh, go.

[Jade Warshaw]

You go on a date and the guy busts out coupons.

[Lauren (from Salt Lake City)]

Yes.

[Jade Warshaw]

Is this good or is this bad? This is fine. This is fine for you.

[Nelson]

Yeah.

[Dr. John Deloney]

That is instantaneous. Bye, Felicia. We gone or how does see you later, Felicia?

[Ken Coleman (Host)]

That's how Dave says it on the air.

[Ken Coleman]

See you later, Felicia. This is what. When I make fun of Dave, this is what he says. Hold on. Let me see if I can get this. Shut up, Ken.

[Ken Coleman (Host)]

Okay, Aaron, I don't know. It's not a part of John's master plan. It does it.

[Lauren (from Salt Lake City)]

No, we won't put on your list.

[Dr. John Deloney]

We'll put on the list. I'm afraid of singles eventually.

[Ken Coleman]

Because

[Dr. John Deloney]

it's a mixture of very awesome people, and

[Lauren (from Salt Lake City)]

that's life.

[Dr. John Deloney]

Not all.

[Lauren (from Salt Lake City)]

At least everybody following Ramsey if you guys do the event.

[Ken Coleman]

Yeah, but, you know, I just realized something. For decades, three plus decades, Dave has said be like weird people. And if you get a bunch of

[Ken Coleman (Host)]

weird people, it's like a dog whistle. We need a Ramsey singles cruise. Oh, Lord have mercy. I'm not going on that one.

[Lauren (from Salt Lake City)]

Now you're talking.

[Ken Coleman (Host)]

I'm not going on that one.

[Ken Coleman]

Are you going to anchor that one?

[Dr. John Deloney]

0 chance. George Camel will, though.

[Ken Coleman (Host)]

Oh, that's fun. You're a great sport. Everybody give Aaron some love.

[Nelson]

Thank you.

[Ken Coleman (Host)]

All right, I do want to ask

[Ken Coleman]

James Childs a question really quick. What if we did a singles hour on the show and we only took calls from singles about money and dating? What do you think? Do we ever get enough? I think it'd have to be video calls to make it.

[Ken Coleman (Host)]

Really?

[Ken Coleman]

Yes, it would.

[Dr. John Deloney]

And we would post their cell number on YouTube in the lower third.

[Ken Coleman]

James did not agree to that.

[Dr. John Deloney]

I think if. If anyone's going to create like, a sink, like a Ramsey dating app, I

[Ken Coleman]

think it would be your brand, John.

[Dr. John Deloney]

So I think we need to. I think we need to figure this out.

[Ken Coleman]

I think it's a whiteboard session.

[Dr. John Deloney]

I think we need to figure out.

[Ken Coleman]

We owe Aaron that at least.

[Dr. John Deloney]

We do.

[Ken Coleman (Host)]

There's clearly Demand.

[Dr. John Deloney]

It would need. The app would have to have a place where you could, like, put your credit report in so we could see if you were debt free or not.

[Ken Coleman]

I think that's a great call.

[Dr. John Deloney]

Filter it. All these dating apps filter for height and how much money do you make? We just want to know if you owe anybody any money and you don't.

[Ken Coleman]

Yeah.

[Ken Coleman (Host)]

No photos?

[Dr. John Deloney]

Nope.

[Ken Coleman (Host)]

No, Just baby step.

[Ken Coleman]

No.

[Ken Coleman (Host)]

I think you got to see if

[Ken Coleman]

they match on baby steps and values, and then we show them the photos. That makes it interesting. It's probably a horrible idea, but I'm just fresh. I'm ideating right now.

[Ken Coleman (Host)]

It's off the cuff. All right, we'll move on. Where is. Oh, Nelson is there. Everybody give Nelson some love. Nelson. Where are you from, sir?

[Nelson]

Greeley, Colorado.

[Ken Coleman]

Get close to that mic. Yeah. Oh, like Greeley's in the house. Are these your family members?

[Nelson]

No.

[Ken Coleman]

No, no.

[Ken Coleman (Host)]

Okay, great.

[Dr. John Deloney]

They are now.

[Ken Coleman (Host)]

Are you single?

[Dr. John Deloney]

No.

[Ken Coleman]

No.

[Nelson]

My girlfriend's here. Yeah.

[Ken Coleman]

Oh, that's awkward. Okay, that's great.

[Dr. John Deloney]

How long have you been in the Ramsey gang?

[Nelson]

I'm not gonna lie. I just found you guys, to be honest, and it's through my girlfriend.

[Ken Coleman]

Where is your girlfriend?

[Nelson]

Right here.

[Ken Coleman]

She was the progressive young lady that said she should pay. Did you ask him out?

[Nelson]

Yeah, she did.

[Ken Coleman (Host)]

And did she pay?

[Nelson]

No.

[Jade Warshaw]

No.

[Nelson]

Okay. Yeah, so she paid. Cause she's the one that asked me out.

[Ken Coleman]

So I feel like you changed your answer there in front of all of us.

[Ken Coleman (Host)]

Maybe.

[Ken Coleman]

Have you ever done. Have you ever run for office or anything like that?

[Ken Coleman (Host)]

You'd be great.

[Dr. John Deloney]

You would be amazing at it.

[Ken Coleman (Host)]

You'd be great. Anyway, what's your question?

[Nelson]

About a year ago, I was actually in an accident, a car accident. Guy on meth rear ended me.

[Ken Coleman]

Oh, no.

[Dr. John Deloney]

Like, you're okay, man.

[Ken Coleman (Host)]

Yeah.

[Nelson]

Send me to the hospital and everything. But because of that, yeah, I didn't know what I was going to do with my life at that point. Things kind of changed. I was in flight school through my community college, and because of the concussion and everything like that, unfortunately, I couldn't continue. Oh, man.

[Ken Coleman]

So sorry about that.

[Nelson]

And it's one of those things to where she helped me through, like, to change my life or help me change my life. And so while I was home, she kind of got me with you guys. And my question really is I'm getting a large settlement through the accident. I don't know much about finance, I'm not going to lie. And I don't really know what to do. Like the first steps on with this large chunks of money that I've never had this much money before. What should I do with it or how should I invest it?

[Jade Warshaw]

Do you feel comfortable saying the chunk of money?

[Nelson]

Yeah. So right now my bank account sitting at about $60,000.

[Jade Warshaw]

Okay. And that's the only chunk. Will there be more in disbursements or. That's it.

[Nelson]

That's the total right there.

[Jade Warshaw]

Okay. Where are you in the baby steps? Are you familiar?

[Nelson]

Not too much she was showing me, but not really.

[Jade Warshaw]

Okay, great. She's saying four, just baby step four, no debt.

[Nelson]

Yeah. So because of the accident, the first round of settlement, she convinced me you should just pay off all your debt. You're gonna zero everything out. You'll have no money in your bank account, but you'll have no debt at all.

[Jade Warshaw]

And how much was that that you paid off?

[Nelson]

About 35, 40,000.

[Jade Warshaw]

Okay, so you paid that off. Were you able to set some money aside for baby step three, like an emergency fund?

[Nelson]

Yes.

[Jade Warshaw]

Okay, so this money, essentially, it's not earmarked for anything. You've started investing 15%.

[Nelson]

Well. So, yeah, I'm trying to figure out exactly, like, to be honest, what to do with it.

[Dr. John Deloney]

Are you able to work now?

[Nelson]

Yes.

[Dr. John Deloney]

Okay. Are you going to have lingering recurring health issues that this money's going to be. You're going to need it down the road.

[Nelson]

The VA has been able to help me with it.

[Dr. John Deloney]

Okay, sounds cool.

[Jade Warshaw]

So what's the living situation? Are you renting? Are you thinking of buying? That's what I'm looking at with this money.

[Nelson]

First off, we're currently just renting. She actually is. Well, I don't want to steal her thunder or anything like that, but we've both been kind of slowly putting our finances together.

[Jade Warshaw]

Okay. I'd probably keep this money in a high yield for a while. It's. It sounds like the next thing on your list is probably gonna be a residence of your own and you're gonna want a down payment for that. I'm guessing 60 is a great place to start. I don't know what real estate's going for around here. Average price, but my guess is it's pretty. Pretty.

[Ken Coleman]

A lot of chuckles from the Greeley faction.

[Jade Warshaw]

My guess is it's rather high.

[Ken Coleman]

A little steep.

[Jade Warshaw]

A little steep, exactly. That's what I'd be thinking of. And I'm guessing it's shorter than a five year horizon.

[Nelson]

Yes.

[Jade Warshaw]

Yeah. So, yeah, I keep it there. The hard part is going to be you were given a windfall and that's what caused you to pay off your debt. And for most of us, maybe not most of us, for a lot of us, the way we pay off our debt is we go, oh, the way I was living wasn't working for me. It wasn't sustainable. I have to change my ways. And then we put in a bunch of effort to change that for you. You're going to have to make sure that you have had that aha moment. Otherwise, the $60,000 is gonna get piddled away on the same things that the original $30,000. Do you see what I'm saying?

[Ken Coleman (Host)]

Yeah.

[Jade Warshaw]

So that's gonna be your personal homework that you're gonna have to work through. But I think you've got it.

[Ken Coleman]

One thing I heard, John, I heard you guys are slowly combining finances, but you're not married.

[Nelson]

No. So we've been dating since 2022.

[Jade Warshaw]

Also still not married.

[Ken Coleman (Host)]

Wrap it up.

[Dr. John Deloney]

I know. Take four to $8,000 and put. Look, she just looked at him. Yeah, I know.

[Jade Warshaw]

She's like, I've been telling him.

[Dr. John Deloney]

So here's the thing. None of us would have a job if everyone's plans worked out. You're up here because you were sitting at a stoplight and somebody changed your life like this. Right? And so I'm gonna strongly recommend y' all been together for a long time. She's a pretty amazing woman. She's walked with you emotionally, physically, like, spiritual, like, she's with you. Right.

[Nelson]

I wouldn't be here.

[Dr. John Deloney]

Ride or die. Okay, A, what are you waiting for, man? And B, yet, even though I would not combine finances until you are officially married, I wouldn't buy a house together unless you're married. Because here's the thing. I know y' all are like, it would never happen to us. The number of calls we've taken over the years of. We were engaged for four years. We were together for this long, and then something happened and we broke up. And we don't have the legal protection to untangle everything. And so I wouldn't combine your money. I'd keep your money separate from hers until y' all are married. And when you. The day you get married, you get one checking account. Everything goes in one. We're not going to slowly combine, dude. We're getting married. We're gonna put this thing in here, and then we're gonna do ride or die. Till death do us part.

[Nelson]

Okay?

[Dr. John Deloney]

Right. Is that cool? That's awesome.

[Nelson]

One thing, if it's okay with you guys, can I get her up here

[Ken Coleman (Host)]

real Quick, come on. No, no, it's not like that.

[Dr. John Deloney]

Please tell me.

[Jade Warshaw]

My heart, My heart.

[Ken Coleman (Host)]

But what's the matter with you?

[Nelson]

I know.

[Ken Coleman]

So.

[Ken Coleman (Host)]

Dude, that is not a cool head fake.

[Jade Warshaw]

Oh, man.

[Ken Coleman (Host)]

Bless her heart.

[Dr. John Deloney]

I thought it was about to happen.

[Ken Coleman (Host)]

I was gonna sing.

[Jade Warshaw]

I was getting my Barry White voice ready.

[Ken Coleman]

Okay, Nelson, what's happening right now?

[Nelson]

So we were trying to visit you and visit the show in Nashville. Unfortunately, it was something really big to her. She's been going through a really. Like, when. Like you said, like this, all this money and everything came in my lap. I was able to pay off debt for her. She's been fighting. She's been fighting and paying off debt slowly, slowly. She applied to try to do

[Ken Coleman]

Debt

[Nelson]

Free scream on your show, and. Yeah, I just wanted to give her that opportunity, if that's okay.

[Jade Warshaw]

What say you, Ken?

[Ken Coleman]

Well, Nelson, you put me in a tough spot, buddy.

[Dr. John Deloney]

I'll trade you a debt free scream for a will you marry me?

[Ken Coleman (Host)]

Wow.

[Dr. John Deloney]

Did I do that, James? I just made things real weird.

[Ken Coleman (Host)]

Nelson, have you. Did you just say.

[Jade Warshaw]

I'll take that.

[Ken Coleman (Host)]

Did you say that?

[Jade Warshaw]

Wait a second.

[Ken Coleman]

As in right now?

[Ken Coleman (Host)]

I'll take that.

[Ken Coleman]

Okay. Get down on one knee.

[Ken Coleman (Host)]

Let Katie get up.

[Jade Warshaw]

Wait a minute. I gotta get my phone out. Can I tape it?

[Ken Coleman (Host)]

Yeah. Can we.

[Jade Warshaw]

I gotta get.

[Ken Coleman (Host)]

My phone's out.

[Ken Coleman]

This is exciting.

[Jade Warshaw]

I gotta get my. I gotta get my.

[Ken Coleman (Host)]

Katie's gonna hold the mic for you.

[Ken Coleman]

Nelson. Do it right.

[Ken Coleman (Host)]

My man.

[Ken Coleman]

Get down on one knee. Oh, boy.

[Nelson]

So, Royce, you've been everything to me. I wouldn't be here if it wasn't for you. You changed my life in ways that I never thought that was possible. And, yeah, I never thought I would be in a situation where I could love someone as much as you. And I want to know, will you marry me?

[Ken Coleman (Host)]

She said yes, ladies and gentlemen. Wow. Nelson. Nelson, while she gathers herself, tell us

[Ken Coleman]

your bride to be's name. What is her name?

[Nelson]

Royce Ogden.

[Ken Coleman]

Royce.

[Dr. John Deloney]

Yes.

[Ken Coleman]

Okay, let's give the mic to Royce. Royce, what is going through your head right now?

[Ken Coleman (Host)]

Tell us.

[Royce]

I wasn't expecting any of this.

[Ken Coleman (Host)]

No. Hey, neither was John.

[Ken Coleman]

That's the best part.

[Ken Coleman (Host)]

That never works. That never works. I'm stunned right now. Okay, we're gonna. James, we're gonna pay this off. So you guys know how we do

[Ken Coleman]

this on the show. This is gonna be amazing. Okay, Royce, how much debt have you paid off in how long? Tell us your story.

[Royce]

I paid off about $35,000 worth of

[Ken Coleman]

debt in how long?

[Royce]

24 months.

[Ken Coleman]

24 months.

[Dr. John Deloney]

Awesome.

[Ken Coleman (Host)]

That's awesome. Tell us what the debt was.

[Ken Coleman]

What kind of debt was it?

[Royce]

It was primarily credit card debt and a little bit of medical debt. And while paying off all of this debt, I stopped twice to cash flow to emergencies with my health, totaling about $25,000.

[Ken Coleman (Host)]

You're so amazing. What happened 24 months ago where you

[Ken Coleman]

said, this is it. I'm getting debt free? What happened?

[Royce]

I was watching a lot of the financial YouTube videos, trying to figure out what I was doing with my life. I had just gotten off a work injury, and it was just so hard to make ends meet on only 40 hours a week, which is insane. Once I sat down and I did the math, I realized I was hemorrhaging about $400 or $500 a month just because of my debt payments. And if I hadn't had them, my work injury wouldn't have ever been an issue.

[Ken Coleman]

Wow. 35,000. 25. Plus 25.

[Dr. John Deloney]

That's 60 grand.

[Ken Coleman]

And plus you cash flow. I mean, it's unbelievable. All right, so for people who are sitting in this room and who are watching on YouTube, they're blown away by what's just happened. What would you say to them is the key to getting out of debt?

[Royce]

I think the key is probably setting the goal and walking yourself through getting there. There were a lot of points to where it felt like I just wasn't making any progress. And it was hard. And the medical issues kept feeling like setbacks, but really, they. It was an absolute blessing to be able to get through them cash flowing instead of taking out any more debt.

[Ken Coleman]

Love it.

[Dr. John Deloney]

And during this time, you were also loving and honoring a veteran who was struggling with his health too, right?

[Royce]

Yes. It was because of going through all of this in the Ramsey process. It was about halfway through this that his emergency happened.

[Dr. John Deloney]

You're an amazing woman.

[Ken Coleman]

Yeah. Both of you. It's awesome.

[Royce]

Having all of these changes. Took it from an emergency to an inconvenience.

[Ken Coleman]

Awesome. All right, Royce, you ready to do your debt free scream? I know you couldn't make it to Nashville. We're gonna do it right here, and these people are gonna lose their ever loving minds.

[Ken Coleman (Host)]

Are you ready?

[Royce]

Do I hold the mic away?

[Ken Coleman]

No, no.

[Ken Coleman (Host)]

Give it all you got. You do. Hey, listen, you do your scream the

[Ken Coleman]

way you wanna do it.

[Ken Coleman (Host)]

I'm gonna do a version of it.

[Ken Coleman]

Okay, I'm going to lead you through this. Where are you from?

[Royce]

I'm from Greeley, Colorado.

[Ken Coleman]

Okay, here we go. So we got Royce from Greeley, Colorado. She paid off $35,000 in 24 months while cash flowing, another 25 with health emergencies, dragging poor Nelson along, God bless his heart, she's helping him. She's an amazing woman. You are the poster child for anybody who lays eyes or their ears on this show. You can do it and they can do it. Let's hear your debt free scream. Count it down.

[Royce]

Three, two, one.

[Ken Coleman]

I'm debt free.

[Ken Coleman (Host)]

Wow, Wow, wow, wow. Okay, we're gonna keep this momentum going.

[Ken Coleman]

We didn't plan for that, but we did plan for this. And, you know, it's great. I see women snotting all over themselves.

[Ken Coleman (Host)]

Men are wiping their eyes. You two are such great sports. Thank you for that.

[Ken Coleman]

Okay, here's what we're gonna do, okay?

[Ken Coleman (Host)]

We thought it'd be fun.

[Ken Coleman]

Jade, get your calculator out. Cause we're gonna do something. Here's what we wanna know. If you have become debt free in the last year, will you stand up? We're going to do a group debt free screen.

[Ken Coleman (Host)]

If you've paid off, if you've become debt free in the last year, stand up all around the building.

[Ken Coleman]

Wherever you are, stand up. If you've become debt free in the

[Ken Coleman (Host)]

last year, yeah, you can clap for them. That's cool. Look at this.

[Ken Coleman]

All right, so here's what we're going to do. Jade's got her calculator. James is backing her up. I'm going to go around the room and we're just going to quickly get the amount that you paid off. Okay? Is there anybody up in the upper deck?

[Dr. John Deloney]

I see. Okay.

[Ken Coleman (Host)]

How much did you pay off? 268,000. Excellent. Anybody else up top? 40,000. And anybody else up there? 36,000.

[Jade Warshaw]

Got it.

[Ken Coleman (Host)]

Did I get everybody up there? 7,575 thousand.

[Jade Warshaw]

Thanks, son.

[Ken Coleman]

Are you up to date on that?

[Jade Warshaw]

I got it.

[Ken Coleman (Host)]

Anybody else up top? Okay, now we'll come over here and

[Ken Coleman]

I don't think I see. Okay, ma', am, your number.

[Ken Coleman (Host)]

47,000, sir. 300,000.

[Ken Coleman]

Amazing. All right, next right back here. This couple right here. Ma' am in the white coat and the guy the hat.

[Ken Coleman (Host)]

100,000.

[Ken Coleman]

Okay, couple right, sit down. Couple right in front of them.

[Ken Coleman (Host)]

28,000.

[Ken Coleman]

Ma', am, right here.

[Ken Coleman (Host)]

We'll round it up to 56,000.

[Jade Warshaw]

No, I got it.

[Dr. John Deloney]

You got it?

[Jade Warshaw]

5,931.

[Ken Coleman (Host)]

Don't mess with Jade. Okay, ma', am, right here. 90,000 right here. Paid off the house.

[Jade Warshaw]

60.

[Ken Coleman (Host)]

60,000.

[Ken Coleman]

Okay, great. And.

[Ken Coleman (Host)]

Oh, we already got yours.

[Ken Coleman]

But let's get the number 35,000 for Royce.

[Ken Coleman (Host)]

This couple. 235,000.

[Ken Coleman]

Deb, our favorite person in the world.

[Ken Coleman (Host)]

102,000.

[Ken Coleman]

And right here in front of 120. Did I miss?

[Ken Coleman (Host)]

Oh, sorry.

[Jade Warshaw]

Wow. I'm gonna put it at 150, then we'll go 150.

[Ken Coleman]

Way to go.

[Ken Coleman (Host)]

Is that everybody?

[Ken Coleman]

All right, Jade and James will check your test. What do you got? Announce it.

[Jade Warshaw]

One point. Yeah, yeah, yeah.

[Ken Coleman (Host)]

Okay, drum roll, please. In the last year, this room has paid off.

[Ken Coleman]

That's correct. You say it.

[Jade Warshaw]

1.74. $1 million.

[Ken Coleman (Host)]

How about that?

[Ken Coleman]

Wow.

[Ken Coleman (Host)]

So now you can stand back up. Wow. For those of you that sat down, now you can stand back up. You've paid off debt in the last year. And John's got a fun idea.

[Dr. John Deloney]

Yeah. All right. So anybody else in the room who is debt free, who wants to join us in this debt free scream? Stand up, everybody.

[Ken Coleman (Host)]

Everybody.

[Ken Coleman]

No conditions. Debt free.

[Ken Coleman (Host)]

All around the house.

[Ken Coleman]

Up and down. Let's do a group debt free scream. John, would you like to count us down from three?

[Dr. John Deloney]

Let's. I'm going to do it.

[Jade Warshaw]

Don't be the weird people that count up.

[Trayvon]

No.

[Ken Coleman (Host)]

Yeah. Yeah.

[Ken Coleman]

So true.

[Dr. John Deloney]

Denver, Colorado, you paid off $1.7 million, plus everybody else who stood up here. Let's count it down and do a giant Denver debt free scream. Three, two, one.

[Ken Coleman (Host)]

Yes. Cheer for yourself. How about that?

[Jade Warshaw]

Wow.

[Ken Coleman (Host)]

So fun.

[Dr. John Deloney]

Congratulations.

[Ken Coleman (Host)]

You guys are amazing.

[Ken Coleman]

Hey, before we sign off tonight, we'll have a final word of encouragement. But I want to do something we did in Charlotte. It's so amazing to get out from Nashville, our beautiful headquarters, and get out on the road and do the show. But we couldn't do this. We are sitting and standing on the shoulders of an amazing team. If you're on the Ramsey team, would you stand up? Or if they're behind cameras, would you give some love to our amazing crew, James Childs.

[Ken Coleman (Host)]

Chris Wright led our entire team. These men and women are fantastic. So I just want to say thank you to them. Final word, 30 seconds.

[Ken Coleman]

From your heart to these people, John, what's on your heart?

[Dr. John Deloney]

For them, it's easy to get stuck in. You owe money. Childhood was hard. You got debt payments. You got car wrecks. Listen to me. You are worth the work. To be well, you're worth the work, and it's hard and it's long. And like you, amazing single father with the awesome truck that you're probably gonna sell, even though I'd probably keep it. Listen, you're worth the grind. You're worth the work. You're worth being free. Thank you for being here tonight.

[Jade Warshaw]

That's so good. I'm just reflecting back on all the stories that we heard tonight, and all of you were so brave to share with us, and I'm so grateful that you trusted us with your stories, and I just. I mean, my favorite verse, Galatians 6, 9. You know, don't grow weary and well doing at the right time, at the proper time, you'll reap a harvest of blessing if you don't give up, if you don't faint. I'm thinking about Royce. I'm thinking about our friend who was smiling like the son who was working so, so hard. I'm thinking about that single dad. I'm thinking about all those stories tonight. And, guys, trust and believe. You will reap a harvest if you don't give up, if you don't faint. Please don't give up. Please keep going. I just know it, you guys, such a wonderful, beautiful future in front of all of you. Keep going.

[Dr. John Deloney]

Hey, Ken, before you give your last words, Nelson, Royce, I'd like y' all to be my guest in October for the Money and Marriage conference in Nashville. If y' all can make it there, I'll pay for your. Your tickets. Okay, cool.

[Ken Coleman (Host)]

Very nice.

[Ken Coleman]

Well, John, Jade, and to those of you in the room and those of you watching on YouTube, wherever you're watching, however you're watching, the word that keeps popping up to me tonight, as I've just been able to observe, is strength. Just tremendous strength, And I think that's what I'd want to share with you. You know, there's so many stories in this room of people that are watching, and we'll never hear those stories. But the commonality between anybody that wins with money, strength, the journey, is so very difficult. No matter how much debt you're paying off, whether it's 20,000 or 200,000, we've had people on the air that have paid off $2 million. The struggle is absolutely real. But you have the strength to do it. And I'm reminded of story after story after story in the time that I've had to sit on the Ramsey show and listen to everyday women and men who have just overcome so much to get peace. And for those of you that are still on the journey, you didn't stand up tonight. I don't want you to feel left out. I want you to feel inspired by looking at the men and women around you who stood up, the men and

[Ken Coleman (Host)]

women that you saw on camera as

[Ken Coleman]

you were watching on YouTube. You're listening. However you're taking this night in, I want you to understand that there's no difference between them and you. You can do it. You have the strength to do it. Focus on your life, nobody else's life. Focus on what you can do in the moment. One foot forward every day.

[Ken Coleman (Host)]

Just one foot.

[Ken Coleman]

And keep the eye on the prize. As Philippians said. I'm looking at the finish line. What does the finish line look like for you? Where do you want to be? Keep it top of mind and you can win. And I'm telling you, we believe in you. On behalf of the over a thousand Ramsey Solutions teammates that are supporting us back in Nashville, on behalf of Dave Ramsey, who couldn't be with us here tonight, on behalf of my colleagues, Dr. John Deloney and Jade Warshaw, I want you to know we love you. We appreciate you. We believe in you. We're behind you. You can do this. Thank you, guys. You've been an amazing crowd.

[Ken Coleman (Host)]

Thank

[Ken Coleman]

you, Sam.