Deal With the Behavior Problem, Not Just the Math Problem!

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 1 May 2024

⏱️ 117 minutes

🔗️ Recording | iTunes | RSS

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Summary

💵 Sign-up for EveryDollar today - The simplest way to budget for your life! Dave Ramsey & Dr. John Delony answer your questions and discuss: Why you can't let math calculations become your focus when the real problem is your behavior, "How do we stay motivated during our debt payoff journey?" Why you should never take financial advice from broke people, "How do I start saving for retirement?" Getting out of an upside-down car (loan), "I'm being sued by a credit card company" Support Our Sponsors: Zander Insurance BetterHelp Churchill Mortgage Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🏦 Take Your 3-Minute Money Assessment - Get a personalized money plan! 💰 Enter the $3,000 Ramsey Cash Giveaway today! Enter daily to increase your chances of winning weekly $500 prizes or the $3,000 grand prize. 📚Get 20% off bestsellers! Whether you’re ready to kick debt to the curb, want to live a less-anxious life, or looking for growth in your job—there’s hope. 🏠 Find a Ramsey Trusted Real Estate Agent 📄 Will an online will work for you? Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	Live. Live from the headquarters of Ramsey Solutions. It's the Ramsey Show where we help people.
0:20.0	Build Wealth, Do, that they love and create actual amazing relationships.
0:27.0	Dr. John Deloney, Ramsey Personality, number one best-selling author, is my co-host today and a host of the
0:36.2	Dr. John Deloney show on the Ramsey Network, which is going crazy good.
0:41.6	Ratings are nuts. Thank you guys. We appreciate it.
0:44.0	We're here to help you with your life, your money, whatever's going on.
0:47.0	The phone number is AAA 825.
0:49.0	5-225.
0:51.0	We're going to start off this hour with James in Springfield, Illinois.
0:55.8	Hi James, how are you?
0:57.8	Oh, pretty good. How are you guys doing?
0:59.6	Better than I deserve. What's up?
1:01.6	Well, I've got a question about paying off student loan debt.
1:08.0	So I've got a mortgage with a 6% interest rate, but I've applied for an income-driven save plan that because of my family
1:21.4	size and my income has zero percent interest.
1:25.0	I'm wondering if I should pay off the mortgage first or keep that money going towards the student
1:32.3	loan.
1:33.0	Student loans as soon as possible, fast.
1:36.5	And that crap you signed up for is going to keep you in debt for 40 years.
1:40.9	So it's not going to do any good at all. If you can get zero percent that's fine, but then I want you to attack this thing.
1:45.0	How much student loan debt have you got?
1:48.0	31,000. What do you make? What's your household income?
	...

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