I’m Terrified of My Wife’s Idea To Make Money episode artwork

EPISODE · Nov 8, 2023 · 5 MIN

I’m Terrified of My Wife’s Idea To Make Money

from The Ramsey Show Highlights · host Ramsey Network

Today's episode features Dave Ramsey & Ken Coleman. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. The Ramsey Show Listener Survey: Click here to be Entered to Win a $500 Gift Card!!! 💸 Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's episode features Dave Ramsey & Ken Coleman. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. The Ramsey Show Listener Survey: Click here to be Entered to Win a $500 Gift Card!!! 💸 Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

NOW PLAYING

I’m Terrified of My Wife’s Idea To Make Money

0:00 5:27
of MATCHES

TRANSCRIPT · AUTO-GENERATED

brought to you by the every dollar app start budgeting for free today Rashad is with us and Baltimore. Hi Rashad, how are you? Hey guys, thank you so much for taking what call Dave and Ken. Thank you.

Sure. What's up? So me and my wife are at a bit of a crossroads with each other and I'm hoping for some wisdom from you guys with each other when it comes to our side hustle. So we're currently at on baby step number two where we are attempting to pay off our debts so that we can eventually save up for our house and our emergency fund.

But at this stage, we are kind of hitting a wall with each other because she keeps talking about our side hustle. She keeps talking about doing something called Amazon selling products on Amazon and she keeps talking about buying a house so that we can eventually invest in real estate. I know you've done so I'm just hoping for some guidance because I'm honestly at a loss and I'm actually a little terrified about losing whatever little money that we actually do have right now. Okay, Amazon dropshipping you should not have to invest any money.

Is she proposing you invest money into that venture? No, it's not really it's basically like how she in what she what she does is she'll go out to like department stores and look for deals on certain products and that's not for sure before. No, it's just selling at a higher price. Yeah, that's not just flipping.

That's just flipping product. So she's going to time money up in inventory. Correct. Yeah, I'll pass.

Yeah, so I mean like so for me it's like I work full time. I have a full time job which brings us money and then I have a part-time job that brings us money. And I'd rather go to my part-time job that actually brings me money rather than just over there and figure out this stuff, you know, if you're out trying to try to find products and I feel like that's just a waste of time when I can actually devote that same amount of time to going to work and actually bringing in a fixed amount of money and fixed income. And I don't know how to talk to her about that.

I don't know how to make her understand. Like I feel like that's a waste of time. Oh, I think you've said that. It just didn't get through.

Right. You're talking about that exact thing, didn't you? Yes, I didn't go about it. Every arguments about it.

No, you got a messaging issue. I just quickly say this that, you know, the waste of time we've already shot that bullet. And so we need to start talking about my motion that you have the risk of tying up money, come at it that way, a little bit more logical with some real emotion instead of calling what she thinks is cool, a waste. Yeah, it's right.

I can't, this terrifies me because I see us losing money instead of making money. That's different than you're stupid and this is a waste of time. So it scares me because I don't think it's going to work. And I don't know.

I don't know how to talk to you about this because you don't seem to see any risk with it, but you could buy a bunch of stuff and it sits in a garage. And that scares me. I don't want to do that because I'm trying to work so hard to get out of debt here. If we had some extra money, we want to try that.

That'd be different, but right now we're broke.

Frequently Asked Questions

How long is this episode of The Ramsey Show Highlights?

This episode is 5 minutes long.

When was this The Ramsey Show Highlights episode published?

This episode was published on November 8, 2023.

What is this episode about?

Today's episode features Dave Ramsey & Ken Coleman. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel &...

Can I download this The Ramsey Show Highlights episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!