Also in this playlist...
This transcript is automatically generated
Plus let's go to Spartanburg, South Carolina James is next president's welcome of the Dave Ramsey show.
I think they like all day so what's up.
-- -- My issue is my wife and -- are going to hear your program and we are on babies up to working very diligently to pay -- all of our our debt our bills.
My -- that I am.
In failed and I travel for a living and probably.
Three weeks a month on the road while.
My company does not.
A couple of network -- currently does not provide me with a company credit card so.
Are you -- I know.
I'm I've got poor credit card I think they'll have that I have not gotten rid of the only thing I use those poor or my travel -- -- -- him but I -- happened -- I'm just wondered what you thought I should should I open up another elite Al music debit card for my expense food or.
Or -- what are your expenses -- -- an average them up about 5000 a month and the reimbursed fumbling.
No omelet this kind of float.
Around sometime this you know should it's normally really important because -- check my.
Little bit unreal how it's paid back monthly but it should not prompt.
-- actually about once a month to get a check -- all you keep your reports on him.
Yes -- -- mortgage -- credit card debt that you have come from.
And that is all the other credit card debt we have -- war can hold up notre light up -- -- about where I come from.
I'm just -- and -- spending eating dinner by you this map on the same cards.
No no -- we've got rid of the other credit card -- card.
-- them up they'll have -- anymore.
The cars they were talking about all have zero balances.
And -- for this -- -- chargers.
Yeah I have all of I have four of them that I use regularly clocked a small album like 2002000.
But seldom been dealt with those four that I -- my job.
So you have those.
That's the limit human via Hulu and it but they have zero balances except for this month's chargers.
Absolutely zero balances except for this month's chargers.
-- -- -- -- -- They're in the work now yeah absolutely these -- -- -- go up Obama.
Salesman -- and what happens with a salesman is we have a tendency armor we used to be really bad about this I used to think that could out earn my stupidity.
It equity and fit it if and -- so.
What happens as will put all along -- that we know we can't charge on the expense but we'll make it up go around her making calls.
And the second thing is I travel to and will be -- don't realize the travel as much you do is.
It's very stressful.
It just takes -- told on you and you tend to reward yourself with something on the road with those cards.
And you have you know I was so those are your dangers.
-- suspending all non extensible items almost cards if you can get one card as your first step that I had a high enough limit on it.
That allowed you to just be with a one card and then you just never.
Touch that thing -- Except for expenses that your first step.
Actually your first let's go back to come in ask them for -- Furnish have them myth that still -- but I'm gonna ask one more time.
Because it's kind of ridiculous for you to be funding this huge company.
But you if they won't but I'm gonna ask really I want you to do that.
If -- well then I'm gonna try to go with one card for now and over time I'm going to develop.
At eight H flush fund over here to the side a separate checking account that builds up 5000 dollars and it.
And then I'm gonna run this whole -- on debit card.
Because what I have seen happen sometimes is if one of these days that that company decides to turn the key and go Chapter Eleven you're stuck with your current balances.
Right -- might -- my career.
And I haven't -- any -- that I am an American Express corporate card.
Any at 141000 dollar -- -- ball on behalf of his company.
All extensible and when he got work drove Oval Office Monday morning does the distinction door was bolted shut by the IRS.
You can and and -- -- he stuck was 141000 dollar bill now.
That's only one that I I had tore up my high dollar cars -- and then -- nobody at the small balanced car -- -- -- If they commit that would keep me out of trouble -- Well Warner cardinal if you simplified that that helps I would go one card and then I would convert over from it to a debit card if you can't get them to step up.
And -- do this and by the way if they won't furnish your card it is fair for you to lean on them on -- problem of some version turning these checks back over.
Then you turn the checks around.
And a minimum.
Faster than four weeks.
Unbelievable or three weeks.
Filter by section