$100K in Debt and a Baby on the Way

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 11 May 2024

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Brought to you by the Every Dollar app. Start budgeting for free today.
0:06.7	Malaysia kicks us off in San Antonio. What's going on, Malaysia?
0:12.3	Hi, guys. So my husband and I are about over $100,000 in debt, and we have a baby on the way,
0:20.4	and all kinds of debt just kind of overwhelmed
0:22.7	and don't know where to start. What kind of debt do you have? Can you list it out for us?
0:28.6	So about 40,000 in credit cards, 20,000 in student loans, which haven't kicked in yet because
0:36.9	I'm still currently in school.
0:38.6	Okay.
0:39.0	So I haven't started paying on those yet.
0:41.0	When do you graduate?
0:42.0	He, uh, next 20, 25.
0:44.8	Okay.
0:46.2	Keep going.
0:46.8	And then, um, he has a truck.
0:49.1	We're both small business centers, so he has a truck that he uses.
0:52.4	He does general contracting that's's $35,000.
0:55.3	He just got
0:56.0	six months ago.
0:58.5	And then we have a Mazda
0:59.9	that we're about to finish
1:01.0	paying off.
1:01.4	It's $2,000 left on that.
	...

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