“There’s Nothing Funny About This”

The Ramsey Show Highlights
1.8K followers
158 Video Views·Dec 3, 2024
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start budgeting for free today I just
graduated last October with my
cosmetology license and you guys may
know or like your wives like it takes a
while for like a clientele to build up
yeah so you're not like a guaranteed
paycheck you know every two weeks once a
month you're kind of just stepping out
especially me as a Christian just
stepping out in faith just knowing that
I'm going to have clients this week that
are going to pop up that I didn't know I
have scheduled on Monday to know how to
budget but not having a set paycheck for
tithe groceries rent for the salon rent
for my house because me and my sister
are just going to move out this coming
up Saturday into a house right down the
road for my parents so learning just how
to budget everything but also I don't
know what I'm making you know one week
to the next how long you been how long
you been uh doing
hair fulltime since March so I started
renting the rent is 450 um I have a girl
that rents the other spots I rent the
whole building she gives me 300 a month
so I just have to pay 150 out of pocket
so I've been paying that since two
months ago but I've been doing hair
since early March so what have you been
averaging since early March what have
you been averaging income what's that
look
like um I wouldn't say that it would go
over $600 from the salon that I make
each month so I would say somewhere
between like 450 550 some some months it
can be closer to a 600 how are you
surviving you made it since March that's
well below poverty level it is well
below so my rent like I told you the
rent for that place is 150 so I've been
living at home my car is paid for I
don't have any payments that are going
out so just moving out my rent each
month is I know you guys are going to
laugh my rent um is 375 for the house
and 150 for the salon mama and daddy
told me they said I know that you don't
have enough for it but because of the
house it was a good friend of my dad's
my dad wants to eventually buy it so he
said if you you know budget and you're
smart with it he said me and mama got
this wherever there's any lack but he
said if you and sailor want to move out
he said I think it would be a good idea
he said if you guys would like to go
ahead and go and we'll cover everything
else you know as long as you guys aren
out shopping and blowing it so you're
saying mommy and daddy are going to pay
your rent if you move out they'll pay $1
bucks no so I don't pay 1,200 I'm saying
if you moved out no she's already told
you they've moved into a house it's 375
that was a friend of their dad's and the
rent's 375 for both you and your sister
yes sir all right but still you're
you're I mean sweetheart you've put
lipstick on a pig I mean I'm telling you
you're still absolutely you had no money
even with that Rosy picture you just
gave us yeah so I don't I mean I feel
like it's the wrong I mean George I want
you to answer a question but yeah you
got to do something in the meantime
because there's not much here to budget
I can teach you how to budget with an
irregular income but right now like Ken
saying it's not enough to pay the bills
and so we need to go get something more
stable cuz right now let me tell you the
math on this you are making $3 an hour
yeah three count that three yeah there
is no job in America paying $3 an hour
you somehow found it and so you need to
go get other jobs while you get
clientele and if that means word of
mouth and I get them on a schedule great
but we're not going to sit around the
salon for 7 hours a day hoping we get a
single client yeah you would be better
off go ahead sorry I do have a part-time
job so I work at a grill that is right
down the road so my salon were out in
the country so I work at a grill that's
on the other like little small town in
between like my house and the Salan well
how much money are you making off of
that that's no more than 120 once a week
again you are one shift at the grill
bills Ken there's nothing funny about
this and you are just broken up you are
chuckling your head off on the other end
of the phone and I don't know how to say
sweetheart like this is awful you need
to make more
money you're not making any money at
all are is anyone doing Salon work
full-time in your
area well the girl that rent it from me
she just graduated too so she we're both
quotequote fulltime but building
clientele so yeah but you just told us
you live in this you live in this little
teeny tiny area out in the middle of
sticks is that what I heard not in the
middle of sticks but it definitely is
not like like I'm about an hour and a
half from Raleigh more towards the beach
so it is a small town but it's not out
in the stick but it is definitely I
apologize I was a little loose with my
description no you can say no you can
say point is is that I think you need to
be moving into Raleigh and get yourself
a full-time job at a very successful
Salon like you've got to make some moves
because I just don't know how much
clientele you can build in this little
place that you're at am I right yes sir
without yeah without well that's what we
going to steal everybody else's and now
we don't want to boy I tell you what I
can't imagine that would go over well in
a small town I'll tell you what my
barber did Kennedy you work for a place
that's booming you build up your
clientele there and then eventually you
can go out on your own and those people
will follow you yes sir that's what I
did when he KCK he started off on his
own left his old place that was had kind
of giving him leads if you will giving
him the clientele and then he moved out
and so that's what I think you need to
do we need to stair step this into just
going well hopefully I'll have you know
70 people on the books in a few months
cuz it's been it's been a while it's
been six months and we're still making a
few hundred bucks a month yeah can you
do anything else besides cutting hair
like can you do nails like who's doing
nails in that little town well there's
nobody that does nails and people
they've asked me they're like would you
do that I know I could even though
that's not like
getek we got ourselves Kennedy I threw
that out there as a Hail Mary and I yeah
threw a touchdown pass start a nail
salon this afternoon or do it in your
living room for crying out loud little
small town these women need their nails
done we're talking hands and feet that's
that's
money yes sir you so if you can do it do
it like my point is what you're hearing
from Georgia I is I appreciate the
budget
question but in order to make a budget
work we must have something to as income
budget yeah I would start doing nails
and and if I could if I could be the
person in your little town that does
Nails then I can grow the hair thing too
uh but boy oh boy and this is a word of
mouth business so maybe you do a
referral bonus if they send women go in
your town to get their nails done well
where I'm at that's where they all comes
because so the closest town would then
be would then be maybe driving 20 25
minutes so I got some the lady who
retired I got some of her clients but
she had a couple girls in there before
me but because they would all quit and
leave then all her clients because she
had a good amount of people probably you
know she was booked up she told me she
was booked up every day so I believe her
well again your first reaction was
priceless you said people have told me I
need to do nails so I think we just
found the next business for you and then
you can EXP
unless you move away yes sir right now
you don't have the luxury of doing
whatever we've got to find the thing
that's going to pay the bills then we
can expand I tell you what if I lived in
that area i' i' i' I would invest in her
I'd go what does it cost what what do we
C what do we need what's the startup how
much nail polish would we need to buy
Kelly to get started I'd want to know
and I'd go we're starting it today what
do we need a couple chairs I'm going to
buy the chairs I need a little tub with
some water tub with water Manny patties
I I don't know what my wife does I got
to ask Stacy but I think I would go
let's start it right now K goes more
than Stacy I think we can all true story
Stacy has talked me into a couple
pedicures change your life I don't like
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