The Ramsey Show
The Ramsey Show
Jan 12, 2021
Should I Pay Off My Fiancé's Debt When We Get Married? (Hour 3)
Play • 40 min

Debt, Savings, Career, Home Buying, Relationships, Retirement

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BiggerPockets Real Estate Podcast
BiggerPockets Real Estate Podcast
BiggerPockets
446: Pivoting the Goal and Swapping Doors for Cashflow with Kyle and Lauren Clugston
Have you ever had analysis paralysis? Maybe you have it right now and that’s why you’re listening to this episode! Kyle and Lauren Clugston would call that “productive procrastination”, and the only way to get out of it is to move forward! They should know, it took them over 3 years before they made their first move in real estate investing!  In college Lauren stumbled upon Brandon’s old blog about real estate investing. As she read, she gained more confidence in the craft, and knew that real estate was what she wanted to do with her money. She then started trying to convince her partner, Kyle, that real estate investing was the way to go. As someone without an investing background, Kyle was hesitant, but took a leap of faith which paid off! Now they're BRRRR-ing their way through New Jersey, with single family and multifamily properties throughout the state. Lauren and Kyle had to learn a lot before they became the real estate success stories they are now. Things like doing inspections, estimating rehab costs, getting financing, setting up systems and procedures, and getting legal documents prepared were at one point a great challenge to Lauren and Kyle. Now, they’ve got them down! Lauren and Kyle lay out everything they wish their former selves had known, and go through the things that early real estate investors should worry about, and the things they definitely shouldn’t lose sleep over. This advice could save months, weeks, or hours off of your deal analyses and might be just the thing you need to get out of analysis paralysis!  In This Episode We Cover: * Why house hacking is such a great strategy for new investors * Focusing on the right metrics, whether it be cashflow or units * Defining your specific roles as partners and investors  * The importance of weekly meetings with your team * Setting up your real estate to run like a business, not just a hobby * How to put together an “invest with us” packet for private lenders * And SO much more! Links from the Show * BiggerPockets Forums * Grant Cardone * BiggerPockets Youtube Channel * Brandon's Old Blog * BiggerPockets Webinars * BiggerPockets Rehab Estimator Calculator * BiggerPockets Podcast 398: 22 BRRRR Properties in Under 10 Hours Per Week with Tarl Yarber * Bathroom Example (file) Check the full show notes here: http://biggerpockets.com/show446
59 min
The Dr. John Delony Show
The Dr. John Delony Show
Ramsey Network
A Life-changing Car Accident, a Dull Sex Life, & a Panhandling Mom
The Dr. John Delony Show is a caller-driven show that offers real people a chance to be heard as they struggle with relationship issues and mental health challenges. John will give you practical advice on how to connect with people, how to take the next right step when you feel frozen, and how to cut through the depression and anxiety that can feel so overwhelming. You are not alone in this battle. You are worth being well—and it starts by focusing on what you can control. Let us know what’s going on by leaving a voicemail at 844.693.3291 or visiting johndelony.com/show. We want to talk to YOU! Show Notes for this Episode * My son was in a car accident in the fall. His hand was crushed and his career as a diesel mechanic is done. He is struggling, how can I help him? * After 22 years of marriage, our sex life is not very good. How do I convince my husband to see a sex therapist with me? * I asked my brother if he would be my power of attorney if something happens to me. He said he doesn't want that responsibility. What should I do? * My mom has been seen panhandling. It’s very embarrassing. How do I talk about this with her? * Lyrics of the Day: "Terry's Song" - Bruce Springsteen tags: workplace/career, sickness/illness, grief, sexuality/intimacy, marriage, counseling/therapy, family, money These platforms contain content, including information provided by guests, that is intended for informational and entertainment purposes only. The content is not intended to replace or substitute for any professional medical, counseling, therapeutic, financial, legal, or other advice. The Lampo Group, LLC d/b/a Ramsey Solutions as well as its affiliates and subsidiaries (including their respective employees, agents and representatives) make no representations or warranties concerning the content and expressly disclaim any and all liability concerning the content including any treatment or action taken by any person following the information offered or provided within or through this show. If you have specific concerns or a situation in which you require professional advice, you should consult with an appropriately trained and qualified professional expert and specialist. If you are having a health or mental health emergency, please call 9-1-1 immediately.
49 min
Suze Orman's Women & Money (And The Men Smart Enough To Listen)
Suze Orman's Women & Money (And The Men Smart Enough To Listen)
Suze Orman Media
Ask Suze (and KT) Anything: February 25, 2021
On this edition of Ask Suze (and KT) Anything, Suze answers questions from Women & Money listeners Kelly, Joyce, Nicole, Kim, Marcia, Tommy, Jessica, Robert, Zoya, Lori, Laura, Paul and Tony, selected and read by KT.   This week’s questions: Is it true that I’m wasting money if I get a tax refund? If I have NerdWallet, should I still pull my credit report annually? Should I buy out my car lease outright, or finance it? My company’s 410(k) plan is ending, what should I do? Should we sell the second home we rent out, to pay off debt? Should my wife take the 100% or 50% option on her pension? Should we update our trust, after 10 years? I think my partner’s brother may be pushing him to do something he doesn’t want to do financially.  Should I stay out of the way? Is the Bitwise 10 Crypto Index Fund a good investment? Why does the nursing home I am moving into keep calling me, asking me for my Social Security number? At 56, should I open a ROTH IRA? What should I do with the ashes I have, from loved ones? This week’s Quizzie (from Lance): What should I do with the 401(k) I have from my last job? Take advantage of the Ultimate Opportunity Savings Account with Alliant Credit Union by clicking here! Join Suze’s Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast! To ask Suze a question, download by following one of these links: CLICK HERE FOR APPLE   CLICK HERE FOR GOOGLE PLAY See omnystudio.com/listener for privacy information.
34 min
Real Estate Coaching Radio
Real Estate Coaching Radio
Real Estate Coaching Radio
Ready To Start A Team? Your Blueprint Has Arrived
You are about to listen to Real Estate Coaching Radio hosted by Tim and Julie Harris share with you part 3 of their series on successful teams. Today, you will learn about the proven team model that results in the most predictable profit. ' To team...or not to team...that is the question' It's a common held belief in real estate that your goal should be to form a team. Often agents are pressured to form teams as the natural progression of their real estate careers. Few agents stop to ask themselves what the goal of a team truly is. Is the goal of a team to simply sell more (and more) homes? Is the goal of a team to win awards and receive endless recognition? Is the purpose of a team to make yourself think the buying and selling public will see you in a more favorable light vs a single agent? No wonder so many teams fail. What if the only purpose of the real estate team (or individual agent) was to produce PROFIT. It might surprise you to learn that it's not uncommon for agents who 'own' big teams to make less personal profit every year vs one of their team members. In other words, the team leader...the agent who formed the team and takes all the personal risk and liability....makes LESS money, has LESS PROFIT than someone they hired to work with their buyer leads. Listen now and learn the drilled down, no BS bottom line on how to build a PROFITABLE, sustainable team. Schedule A Free Coaching CallListen on iTunesListen on SpotifyListen on Stitcher
42 min
The Table with Anthony ONeal
The Table with Anthony ONeal
Ramsey Network
The Hard Truth About Being Black (Lecrae Drops Facts!)
I sat down and talked with Grammy award winning hip-hop artist and author of the book, I Am Restored: How I Lost My Religion but Found My Faith, Lecrae about the hard truth about being black, why he had a deep disdain for black churches, if black people are able to be 100% themselves, how to deal with racial PTSD, and we talk about his thoughts on racial tension in America. Get a money plan for real life! Start your free trial of Ramsey+: https://bit.ly/3aYm2xt S U B S C R I B E & Join the Fam: https://www.youtube.com/c/anthonyoneal?sub_confirmation=1 And if you send me a text at 615.930.3431, you’ll get connected to me and my team so we can help you get out of debt and build true wealth. This is our year! Connect with me! + Website: http://bit.ly/2LQYSPN + Instagram: http://bit.ly/313Mv6r + Facebook: http://bit.ly/313Mwr1 + Twitter: http://bit.ly/318xwrP Hey, y’all! I’m Anthony. I’m fired up about meeting you where you are in a real, relevant and relatable way. Here on this YouTube channel, we’ll be having honest conversations about all things money and relationships. After hitting rock bottom at age 19—homeless and deep in debt—I turned my life around by becoming debt-free, and I decided to spend the rest of my life helping people avoid the same money mistakes I made. Today, by the grace of God, that’s what I’m doing every day at Ramsey Solutions! You can rock with me on Instagram @anthonyoneal or online at anthonyoneal.com. S U B S C R I B E & Join the Fam
35 min
Credit Repair Business Secrets
Credit Repair Business Secrets
Daniel Rosen
5 Simple Steps to Identity Theft Resolution
Did you know that ID theft is the fastest-growing crime worldwide? Last year, 33% of adults in the United States experienced identity theft which is more than twice the global average! As a Credit Hero, you’ll run into folks that have accounts show up on their credit reports that don’t belong to them. The fraudulent accounts are usually credit cards but, lately, identity thieves are getting more creative! They may open all types of loans in your name, finance vehicles, and chop ‘em up for parts, or they could file your taxes and steal your tax refund. And they can even get medical procedures under your identity so you get stuck with the bill! When thieves get their dirty little hands on your personal information and assume your identity, the damage they can do is limitless. That is why today, I’m going to let you know how you can help your clients clear these issues from their credit reports once and for all! So stick around! Key Takeaways for This Week: * Some worrying statistics about identity theft (0:44) * One of the most harrowing identity theft stories I’ve heard (2:13) * 5 steps to removing identity theft issues from a credit report (4:43) * How to reach out to the bureaus about identity theft (8:17) * What to expect after completing these 5 steps? (10:14) Additional Resources: * Get a free trial to Credit Repair Cloud * Sign up for the Credit Hero Challenge Make sure to subscribe so you stay up to date with our latest episodes!
15 min
The Fat Wallet Show from Just One Lap
The Fat Wallet Show from Just One Lap
JustOneLap.com
Farewell Fatties! (#240)
After five rewarding years as host of The Fat Wallet Show, my time with the show is coming to an end. This episode is a short retrospective of our time together, followed, as usual, by your questions. On 30 May 2016 we published the first episode of The Fat Wallet Show. We knew from our personal experience and from our work at Just One Lap that money was such an emotional topic. All so-called financial education came with an assumption that you would already know the jargon and have some basic understanding of how the system worked. Based on the questions we got at Just One Lap, we knew that wasn’t true. I had started at Just One Lap a year before that and I was like a toddler, asking a hundred questions a day. These questions weren’t orderly. I’d latch on to one topic, ask every question I could think of, mull it over and come back a few days or weeks later with either the same questions or more questions. I was learning a lot, but I wasn’t learning it all in a straight line, because learning isn’t linear. Luckily for me I had a mentor with superhuman patience, who would keep explaining it to me until I got it. I figured if this is how I’m learning about money, this could probably help other people learn too. The Fat Wallet Show was an experiment. It was just going to be questions and answers. It was always just going to be two people on the show. We decided to swear in the show, because we swear when we talk to each other normally. We didn’t want any barriers to making the show sound just like our ordinary conversations. We didn’t want experts, we didn’t want to interview CEOs. We just wanted to get together once a week and talk about money. Since our first episode, the show has been downloaded 717,000 times. We’ve received 2,600 emails. Our Facebook community is 9,000 members strong. We’ve been supported by companies we truly believe in, companies where we have our own money. OUTvest especially has been a true friend to this show. We’ve made friends that I hope we’ll have for life. I’ve been so inspired by the members of this community. * Subscribe to our RSS feed here. * Subscribe or rate us in iTunes. Ernst, in response to Louise’s question: Louise is referring to her provisional tax estimates. So there is a timing difference as she will only get her certificate around June but she needs to estimate it now. She needs to run her own calculation and try to get as close as possible taking into account rate adjustments etc. Again tax works on accrual or paid, whichever comes first. It would seem that she has a considerable amount of interest as she probably uses up her annual exclusion amount. So if she ‘underestimates’ her taxable income she may be liable for penalties if it's too far off. She needs to do an excel calc to try calculate her interest so she can estimate accurately before 28 Feb 2021. She cannot wait until she gets paid or gets the certificate. Suzanne I did a little happy dance this week, on reviewing my OUTVEST RA statement. My transferred RA landed @ OUTVEST in May 2020 and the growth YTD has been SUPER! My set R4 500 fee, which is about 0,75% of my investment, has really made a huge difference. I will be saving my butt off over the next 10 years, to reach that minimum 0,2% fee balance. This led me down an investment spiral, and after listening to episode 183 again I ended up asking the following question….where are the OUTVEST fixed fee living annuity products?……. If I am happy with the asset class breakdown, would there be any reason not to be able to continue with my pre-retirement investment strategy, after my retirement date, at the same 0,2% fee? I have no idea what the general going EAC is for a living annuity, apart from what I have seen on my Dad’s statement – which stated a 1,5% fee. Chris I listened to your Money and Travel episode. Simon mentioned that the SYG4IR is bespoke and doesn’t have a US equivalent - that is partly true. I fill up my TFSA with SA listed ETFs with risk that I like (STXCHN, STXEMG, SYG4IR, SYG500), build up some cash to make the EasyFX worthwhile and then buy similar exposure in the USD account. Long story short, SYG4IR tracks the Kensho New Economies Composite Index (KNEX). There is a US-listed ETF, SPDR S&P Kensho New Economies Composite ETF (KOMP US), that tracks the same index. The current hurdle is that KOMP isn’t available on EasyEquities currently, but I have reached out to them to add it to the platform. Perhaps if enough of us chase them it will get listed sooner. Doris I've been a loyal listener since near-inception of the Fat Wallet show (via my spouse, though we tend to listen separately.) You kick-started my TFSA journey. Eventually I figured I need to get this RA business sorted (I've been lax due to GEPF; OutVest it was when I eventually got my 💩 together). Going from listening to action is a big step, and I still feel like I'm in process, but getting there. The year that was left me with little time to listen to your invaluable show, but #bingelistening ftw. I've been wondering about marriage (or long term relationships) and investing/saving for a good long time now and cannot find a satisfactory South African-specific answer anywhere. As far as I can tell joint accounts aren't really a thing in SA. There's the main account holder and someone else who is granted access. What are the options for joint savings/investing? If there are any! For instance, saving as a couple for a house: What's the best way to save or invest jointly, in a single place to benefit from two sources of funding, without the account being in one person's name? As far as I can tell, the main tax implications when getting married is income outside of your salary and how SARS taxes those married/in a civil union. For those married in community of property - this is shared between spouses. For those married out of community of property (with/without accrual) it's only really divorce or death where things have to be figured out. R.C I have a home that's paid off, a tax free plan with Old Mutual balanced fund (started in 2016). I also have an Old Mutual core balanced fund with a monthly debit order. Gepf R.A Property unit trust Old mutual equity I have an investment that matures in May. I owe 70k on a car (only debt. How do I make sense of my financial goals going forward? My divorce really confused me and my goals. Should I continue with my discretionary investments and where should I invest the R650k maturing in May 2021. Please help to put a plan in place as I was looking at retirement at age 56/57. Mr P Ok, your statement on episode 235 about the request for rate review just reminded me to do mine, I also want prime or less. So, I sent them FNB Housing Finance an email requesting them to review the interest rate on my bond. Unlike last time where they changed the rate with no hassle, this time they sent me a form. I mean a whole Form that I must print and manually complete, scan it and email it back to them or fax it. I think they are discouraging us from sending these requests with the paper work. I'm certain only people who listens to the show are the ones sending the requests. Is there any Fatty whom FNB responded with a form? Otherwise I'm not deterred, I will gather some strength and fill in the form. PJ I recently requested FNB to adjust my home loan interest rate, 6 years into the 20 year term. They immediately reduced the rate with the below information: "The rate has been amended from 7.60% (P+0.60%) to 7.30% (P+0.30%). Prime currently is 7.00% and therefore your new rate is 7.30%." My emergency fund of course comes from the Flexi portion from the bond so I requested that if I restructure R100 000 of this flexi amount if they could give me a further reduction. They then replied with: "Furthermore, should you agree to restructure the prepaid amount of R 100 000.00 the bank is willing to improve the ra…
1 hr 14 min
Student Loan Planner
Student Loan Planner
Travis Hornsby
The Perfect Income for Peak Happiness as a Student Loan Borrower
Do you wonder if you made the right decision to go into the field you did? After investing years of time and effort, along with hundreds of thousands of dollars in student loan debt, do you ask yourself “is the grass greener on the other side?” Join me as I take a deep dive into what peak happiness might look like, how to deal with job regret and the perfect income to achieve maximum happiness as a student loan borrower. In today’s episode, you'll find out: * What is “the grass is greener syndrome” * Pros and cons of physician mortgage (or doctor mortgage) loans * How to pay down your student loan using gains from stock market training * Whether to double-dip on the federal poverty line deduction when filing taxes separately * The perfect income you need to earn to reach peak happiness * Why your level of engagement at work is a huge factor in attaining your perfect income * How to calculate your perfect income depending on your current student debt * How to deal with job regret * Ways to overcome unhappiness with your profession Like the show? There are several ways you can help! * Subscribe on Apple Podcasts, Spotify or Google Podcasts * Leave an honest review on Apple Podcasts * Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? * Try our free student loan calculator * Check out our refinancing bonuses we negotiated * Book your custom student loan plan
59 min
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