Friday, February 29, 2008

What Could $300 Per Month Do For a Family?

Every once in a while I tune in to Dave Ramsey on the radio helping people out of serious financial muck. I mean muck! They will call in and tell him about their $80,000 credit card balance or how they are trying to survive on $950 per month and their rent is $800.

Yesterday was the corker, however! A doctor's wife called in and admitted they were $300,000 in debt. Now fortunately, her husband earns $200,000 per year, but nonetheless, Dave told her that to pay this off they couldn't do anything for the next 2-3 years. "Anything" meant no eating out, no vacations, and basically--no hamburger. "NO hamburger,"you ask? No hamburger. Here was the diet he recommended.

Rice and Beans, and Beans and Rice--for two years!

"Oh yeah, and don't tell anyone you're a doctor's wife," he said.

If you listen to Dave, ask yourself after each call, "What would an extra $300 per month do for this family?"

I have heard that an extra $300 per month would save most families from bankruptcy.

Hmm--! Think what that doctor's wife could do with an extra $300 per month? She might be able to splurge on a pound of hamburger and maybe even some buns!

Now, go pull out your compensation plan and figure out exactly what she would have to do to earn an extra $300 per month! Got that answer?

Now, begin asking friends--"who do you know that could use an extra $300 per month?"

You might be surprised when they answer, "ME!"

Don't look too shocked if it's your doctor's wife who speaks up first!

No comments: