Pay For Specialty School So I Can Make More Money?

Brought to you by the EveryDollar app. Start budgeting for free today. Single mom, and I've been living paycheck to paycheck my whole life, started listening to your show and realized there is a solution. I just have to figure out, you know, there is hope, shall I say. I just have to figure out the solution. So my question is, should I go to some small school like real estate school or esthetician school to try to better my situation? What are you doing now? I'm in sales. I've been in sales my whole life. What are you selling? Well, I'm selling forklift batteries for forklifts, but I just started with the company and it's going to take me about a year to ramp up and start making commission. And when you ramp up and start making commissions, what are you projecting that you'll be making? Close to around $85,000 to $100,000 a year. Okay. And what's wrong with that? Well, right now I'm making $65,000 a year. And when I, um, I mean, my rent went through and I'm negative a couple of hundred dollars. Okay. So you've got a side hustle issue until you get your commissions going, not a career crisis. Okay. So, I mean, estheticians don't make 85,000 a year, most of them. So no, I wouldn't go that direction. Real estate agents can make well in excess of 85,000. Most of them don't, but most of them don't sell a lot of houses either. So, I mean, if you're going to get in the real estate business, you're going to sell a lot of houses. And it could take a while before you see some meaningful income. Now, again, you're starting again, it'll be six months probably with nothing. Right. So you've got some kind of side hustle or you start real estate part-time while you're selling forklift batteries. I don't know, but, um, which wouldn't be a bad idea. And you don't really have to go to real estate school to pass a real estate test in Texas. Unless they were, they may require a pre-licensing. They probably do a pre-licensing class, but it's just one class or something, isn't it? Um, there's six classes that I would need to take. Um, I actually, you know, in order to sit for the license. Uh, it's, it's one test and yeah, six, six, um, courses, principles one, two. But you have to, all that's a prerequisite for taking the test. I believe so. Okay. I started, I've done principles one and two before. I just ended up having a kid and couldn't finish. I don't mind you, uh, you know, let's take those classes while we're doing this. And while we're working a side hustle to make sure the rent let's first cover the rent and, and stay in the current job. And then, then once you've got that going, then if you want to go ahead and take the test, take the minimum number of classes necessary to take the test. Don't go, you know, getting a whole bunch of, uh, certifications in the real estate world until you've sold some real estate. Um, so it's not, it's not necessary. If you find a broker that will help you get, that will sponsor you as your affiliate brokers license pass, pass the prerequisite classes, then take the test and start selling part time as your side hustle. Once you've got the, uh, the battery business up to income, then that's probably a thing. And then if you can get the real estate business to take off and it passes the forklift battery business, then you drop the forklift battery business. Okay. But, but I don't, I don't, um, today's problem is rent and that's not solved by anything we're talking about except a side hustle. There's a long tail on this. So how much debt do you have? Um, my car would be my only debt. I do have about 1500 in dental work that I just had done that I'm financing zero interest. And then my car, I owe 19,000 on it. And what's your rent every month? My rent 1500 a month. Okay. I'm going to look at your budget and do a detailed every dollar budget. If I'm you and see what I can cut. And then, um, is there any chance there's anything at the forklift business that you can do to create some extra income there while you're waiting on your commissions to come in without having to do some other side hustle? Um, no, there's nothing. Um, okay. It's just, yeah. I mean, I, I, I'm out there hunting my own, um, my leads. So, okay. Just takes a bit. You're just knocking doors. Yeah. A lot of rejection. Yeah. Okay. Yeah. It takes a minute to get, it takes a minute to get the book of business built. Yeah. Um, so what can you sell? Cause you're good at selling. And I can kind of tell from talking to you, I've trained salespeople my whole life. I think you're really good at it. Um, you, you, you know, you carry yourself very well. Um, so what could you sell as a part-time side hustle that would make bank? Um, car sales on the weekend. What kind of car? Oh, never thought about that. They make money. Okay. You used lots of quickest. Okay. And, um, yeah, if you can find a dealer that'll let you work weekends and maybe some evenings or something, depending on what the hours, the dealerships are running, um, might take a minute to get that going too, but you got walk-ups there. Some of the leads. So it's sometimes it's fish in a barrel, right? Yes. So, um, I don't know something like that. I'm just making this up. I'm spitballing with your skills, but I think you're, I think your skill of selling is more valuable. I don't want you to do an Uber eats. How'd you know? Well, I, I, I want you to do it. I mean, if you have to, to make rent, do it right. You've been made, you've been doing what it took to make it for a long time. You're a single mom, but I want you to just, I don't want you to just fall into the normal default job. What is it? You can use your skillset and your history and your experience. What were you selling before you were selling batteries? You know, that you could go back to and work part-time and work their evening leads that nobody else wants to work or whatever. I don't care what it is. As long as it's moral and you believe in the product, um, you know, uh, uh, I don't know any salespeople can do a lot of different things because that's a skill of being able to interact with people and having high emotional intelligence, and it just gives you the ability to do a lot of different things. And we actually have a great side hustle quiz, Michelle. You can take that to help guide you on this Ramsey solutions.com slash side hustle, and that'll help you at least get some ideas and get going on this. But I like the idea of if you can make double or triple your hourly rate, instead of Uber eats, you're doing something you have skills in consulting sales. That's a, that's a way better trade for your time. 30 years ago, one of my best friends at the time was a career counselor. And he always said, gather a bouquet of flowers from those that are within reach. Oh, so what is it? You automatically can do that. That's a good metaphor. Create your free, every dollar budget today. The simplest way to budget for your life.