This Is Causing Us Extreme Anxiety

The Ramsey Show Highlights
1.8K followers
43 Video Views·Oct 9, 2024
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start budgeting for free today well um
my wife is a contract worker she's uh
doing HR recruiting and the contract
that she's with is slowing down
dramatically to the point where signs
are on the walls that she may be losing
her job in the next month or two we are
pushing hard to get out of debt um have
a medical loan uh from earlier this year
that we are hoping to be paid off by the
end of this year but our concern is with
the uh proposed incoming Doom um on the
horizon should we forego hitting debt
hard to switch to oh no we need to start
saving for a few
months that has the what I can't tell
here is um you gave a lot of metaphors
and dramatic things but no one has ever
said anything to her about this other
than she's observing things around her
and feels like this is coming to a close
I think she needs to go in and get some
actual input from the leadership
team so the leadership team has told
them that with the way things are
slowing down they don't know how much
longer their contract is going to be
valid
for but I would have another follow-up
question to that okay so how long is the
current contract going to last in other
words is this a reset or the the the
whoever's paying that contract can close
that contract out at any time I just get
really detailed on that but real quick
Josh I would immediately if I was in
your situation and it was my wife in
your in her situation I would have her
immediately looking for a replacement
work I wouldn't necessarily pause on the
debt elimination I'd get real aggressive
to have some options out there while
having this conversation tell you this
if this is bad enough that you need to
stop all progress in your financial plan
and pile up cash because she's going to
lose her job then she needs to go get
another job yeah right
now is it that
bad it's it's starting to see that uh
they did a massive man you are hedging
all over this year you sound like a
worrier I can't tell if you're worrying
or if this is really happening yeah uh
starting to no it's not it either is
this bad enough that she's ready to quit
her job and go get another one it's bad
enough that we ended up going to urgent
care due to stress related illnesses
yesterday okay then happen to this
situation yeah then don't stand around
wait on this to happen to you be
proactive yes stop everything start
piling up cash and put her in a an
aggressive job hunt y she needs a new
job in two weeks
mhm and then she needs to
quit and and take the new
job no discussing this this is hard cold
break these people have said we're about
to poop on you so Dodge the
poop okay fair enough I mean get after
it they told you what's they told you
it's coming Dodge I'm telling you when I
hear about a storm coming I start to
make adjustments to the storm we don't
go well it could hit us it may not like
if it's dangerous and this is dangerous
finan
address it get out in front of it Ken
and I are the two guys standing in the
front yard watching the tornado keep
that in mind okay that is true I that
was that's both of us all right just
just keep in mind that's who you're
talking to I am ready but I'm waiting
till the last I can still get out of the
way yeah Olay
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