Is It Really Worth My Time To Work 2 Jobs?

Brought to you by the EveryDollar app. Start budgeting for free today. I am on Baby Step 2. I have been on Baby Step 2 for about a year. My conundrum is I have an opportunity to take a job in a really remote location, really far away from family. My kids are grown, but I was widowed about 25 years ago and raised them all on my own. But the positive to all of this is that it comes with a lot of financial benefit to help out with student loan debt and such. And I'm kind of feeling guilt for wanting to do this, going so far away from family for financial. So I'm kind of like, is it loving money that I want to do this for? No, you love freedom and you're wanting to be free of the debt. Right. That's not loving money. That's wanting to be free. That's a valid thing. Sacrifice. That's a valid thing. So what I always look at on something like this is what's the return on the effort and what's the timeframe? Because I could do anything for a short period of time I don't want to sign up for 10 years in Uganda or whatever it is, right? I mean, no, thank you. Two years. Two years. And how much do you make now? How much would you make if you did this and how fast will you get out of debt? Well, it would basically give roughly about $100,000 toward my student loan debt. So it would cut it over half and it would give me a lot of financial freedom after that two years, like coming back and actually being able to spend time with grandkids and such. So you would be debt free after two years? Close to debt free. Yeah. I would probably still have maybe about $30,000 in student loan debt. But yeah. And if you stay the course you're on now, how long would it take to pay off the debt? Hopefully social security will pay it off. Yikes. No, it won't either. No, it won't. So yeah. How old are you? I'm 53. So you're saying you have no other real... I mean, how much student loan debt did you run up? Hey, it's George. That's right. I've been here the whole time, just creeping. Kind of like the creepy spammers and scammers out there using and selling your personal data. Not cool, guys. Not cool. And that's why you need to check out DeleteMe. DeleteMe will find and remove your info from all of these data broker sites to reduce the risk of spam and scam in your life. DeleteMe has already removed my info from over 250 websites that don't have any business having it. As a Ramsey fan, you'll get 20% off all of their plans, which comes out to less than nine bucks a month. So after this clip, go sign up and take control of your privacy at joindeleteme.com slash Ramsey or click the link in the description to get the deal. All right, back to the call. How much student loan debt did you run up? Well, I ran up $120,000, but kicking the can down the road, as you say, it's close to about $165,000 right now. Yeah, I used it to supplement my income, raising my kids. When my husband died, my kids were young. We had nothing. It was a suicide. So we literally had nothing. So yeah, so I stayed at home, went to college late, and I did it so that I could see with them. How long ago was his death? 25 years ago. I was 23. So this has been following you forever? For a while, yeah. You could give up two years and be done. Yes. And my kids are supportive. I think emotionally, the trade off is okay. 25 years of hell, two years, I can be rid of it. That's a good trade. The kids will be okay. That is not you chasing money. It is you chasing freedom. Okay. I needed to hear that. I think from a Christian standpoint, that's where they hear. Yeah, I agree. It's not greed that's driving this. It's anything but. It's quite the opposite. It's you have had the hell beat out of you financially. Yeah, yeah. And you're wanting to get this behind you. Yeah. I don't blame you. This is Band-Aid rip off. Yeah, and I'm good with that. I mean, I was brought up by a Marine, so I'm okay with that hard work. I don't have a problem with that. I just wanted to, from a Christian financial standpoint, wanted to make sure. Yeah, I think it's quite the opposite. From a Christian financial standpoint, I think this time for my daughter, my sister, the widow to be free. I think she's been under the thumb of the freaking government long enough with these student loans, beating her to death. I would love for you to be free daughter. Awesome. Now, what are they going to pay at the remote location? Actual, actual, actual pay. It'll come out to be about 95,000 gross. Okay. And then they're going to get, pay off a bunch of your student loan debt. And they're probably providing housing because you're in the middle of nowhere or something like that. Housing is cheaper. I'm like going to be renting a room from somebody. So yeah. All right. So, um, and you have 120,000 left. Roughly. And they're going to pay how much of that? Up to a hundred thousand dollars. So it's 50,000 per year. Yeah. Okay. Then, then you're making 95 and living in a no place, nowhere, one bedroom, you should be able to pay off the rest of it. I don't want you to come home with any debt. Right. That would be my hope. No, it's not a hope. It's a plan. That's true. I mean, you're making 95,000, they're paying a hundred of the hundred and 20, find the other 20 and two years, ghetto be done with this thing. Absolutely. Rear view mirror, look in the past and go, that's where that needs to stay. Yeah. Do you have any other debt? Um, I have, um, a credit card of like 8,000 from like, I had teeth repaired this year. So, um, you gotta stop, you gotta stop using this stuff. Okay. Yeah. You gotta be clear. Your goal is freedom. A hundred percent freedom. Cut the card up, look at your budget and go, I'm not doing anything. And these student loans are going to die. This, this mess that I've lived through is going to be in my rear view mirror. And I'm going to have a fresh start when I am 55 years young. Yeah. The encore, the curtain goes up, you take a bow and you take one more act in the play. Yeah. And it's going to be amazing because you're going to be first time. You're going to be free because you have poured your life out for everyone else to take care of the kids and to make sure everybody's okay. And then to pay these stinking bills. And now you're going to go give up two years of your life to take care of these bills. You're a strong, cool woman. I like you a lot. You're amazing. Go get it done, sister. Get it done, but be a hundred percent done when you come home. Don't screw around with this, knock it out. Be done with it. That's very cool. I like it. First time she's going to be debt-free in her adult life. It's going to taste different. Create your free every dollar budget today. The simplest way to budget for your life.