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Are at Atlanta Georgia is next and that's K calling high K welcome to the Dave Ramsey show.
A day thank you semi -- -- cannot -- and I -- Pacific coast time I've ever -- Anybody in -- wearing -- financial laundering of the right in front of everybody oh my goodness I'm trying to let everybody had a key bench guys.
I wish I was talking and I think that I'm on the other end of the spectrum.
And not a young person today.
My income -- a real turn mortgage brokers dropped.
About 80% in the -- -- match.
And while I could probably -- Germany Creighton somebody else's money to -- I'm -- ever done that men do not and we -- Counteract.
Trying to stay afloat these credit cards -- they have -- And I feel like we're at the end that I wrote.
Never thought I would consider -- -- How do you know wing you really are they here.
One of the things I've learned about working with folks that are.
-- kind of standing on the edge of the cliff financially like that is we've got to figure out what's really going on.
And it sounds to me like more than a debt problem you've got a tremendous income problem.
So you can see that that has been very -- what does he -- -- say -- -- what does he arm.
No doubt Manning and -- And what did you use to make.
Not a -- and some kind and so you guys used to have a 2000 dollar your income.
And and now you got -- 120000 -- your income.
-- And -- campaign gets minimum payment Nelson I'm looking at it 2500.
To 3000 dollar.
Negative cash -- Because you guys did not cut your lifestyles.
Well I mean you were not -- I was really aren't.
That the other evidence you know -- we just I kind of revolving -- well did you know that before this happened.
-- Now that we've got cut but it managed to get -- ever -- actually she is with him leaving that job and had a you're going to get -- turned out.
And -- -- doing the same thing.
Well first thing is I'm not gonna participate in your denial on the beach -- -- Because -- -- and making anywhere from a hundred to 200000 dollars a year over the six years and you still managed to go into -- above that so you have an incredibly -- lifestyle.
And win your income went down you did not adjusted down yet again and so that -- -- yet more credit card debt.
I'm not picking on -- really want you to grasp this because the average household income in North America is half of what you guys make right now.
I understand there -- So how much is your house payment.
First and second 15100 dollars and kind of how much -- your car payments.
Just more interest 600 and how much you -- -- that ridiculous car.
Honest not one of the so high it is almost get paid off for a OK and then have to get Scotty K years so cut and how much credit card debt here on out.
And we've got cut any track Libya without enough to cut the credit card bill it's probably betraying my -- thing.
Good good with him out of personal.
It's all part and -- and our business credit cards.
When I first heard -- on all these cards how much credit card debt do you have.
-- -- a hundred pounds and -- And what else.
-- -- -- -- -- And -- how much you know -- the KGB.
-- -- -- -- -- -- they're not bankrupt the bull by the way.
Correct who else do you.
-- -- -- Well I love real estate people because I am one I've been real estate brokers -- those eighteen years old 1978.
-- I grew up in real split household my mom and dad own the company when I was growing up.
-- some of my favorite people on the planet realtors.
But I also because I've had so much familiarity with.
The real estate business and have been right where you are.
Doing what you're doing.
I also kind of know the animals so to speak.
And I'll say what I used to do when I was in that business and I observed a lot of my friends trying to do is.
We didn't keep up with our money we didn't manage it very well we just tried out -- our stupidity we were always -- And then Hogan -- deadly.
My dad would -- -- little -- -- -- the -- mother -- -- -- -- OK and you know eat at me all right so -- here's what we got that we got a 120000.
Dollar household income.
We've got a ridiculous car payment a reasonable house payment.
And we've got a budget that's been out of control but more importantly we've got -- -- some people in this house all of you that have not heard the word no in a very long time.
-- you've got to cut up your credit cards and you guys have to go home beans and rice and what you live and on 60000 dollars a year.
You can get out of debt.
Get your life back and completely change your future because the good news is this how long of its own rules that.
I think years and -- So we know.
I'm glad I hit did not let it let them -- years ago there.
Yeah your your health at -- Could well you're you're usually not don't put it quite as much the level of ours and or maybe -- -- I got all of that side and I get good precludes the college.
But -- edit selling real estate.
I'd stay home for ten years and tell us started selling real saying it was found that -- it and still and those very children.
Had an education -- for a candidate meg very.
Well what I know is is that as this market returns.
Someone that has the experience level that you have.
You know how to make a 100000 dollars a year you've done it year in and year out in the past.
And has this market returns by this time next year you'll be back in six figures again.
We've just got to get you on beans and rice tries to means to survive until then you're gonna get some -- on your credit.
You get this stupid car paid off as fast as you can so you can keep it boom boom and the -- Because I -- and if they don't come -- other -- the fact of what we're kidding now.
Well it is a great -- never done anything.
If you don't get a credit cards for a year you'll survive.
And a year from now you're going to be -- what used to be making -- very close.
But most importantly is now is the time for you and your husband and your household to learn these lessons.
Of living on less and you -- you've been -- -- like hearing congress and you gotta stop it.
And so you got to get yourself under control -- -- written budget a written game plan.
And you can you make enough money to turn this around and survive already.
But then the beautiful thing is you've got a huge upside potential and you can clean all of us up in one year as your income returns you'll get some things on your credit.
But this RS only RS is crazy have a car payments crazy having this much credit card that's crazy given the kind of income you folks have had.
And so you've got to get this.
Mess cleaned up the last time now and be completely debt free two years from now.
I think that's really possible I really -- maybe three years.
And given the -- on the market to return a little bit.
But I want the to -- you you and your husband to go through our class financial.
You can turn this around -- to a you're Martha lock arms you're not sacrifice.
Hang on -- gonna help -- lots of.
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