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The Ramsey Show Highlights

Do You Hear How Crazy This Sounds?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 30 November 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Today's episode features George Kamel & Rachel Cruze. The Ramsey Show Highlights is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, George Kamel & Jade Warshaw. Part of the Ramsey Network. Delivered to you seven days a week. 💸 Budget for free with EveryDollar: Click Here Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

brought to you by the every dollar app start budgeting for free today and hannah's going to kick us off

0:07.6

in acron ohio this hour hannah welcome to the show hi thanks for having me sure what's going on so i am 22

0:16.5

my birth is 23 and my question is all of our debt will be paid off by April of 2025.

0:24.2

That's credit card, two vehicles, and, yeah, credit card and two vehicles.

0:30.6

All you have left will be our new mortgage we just acquired last year.

0:34.7

But our problem is our house is sitting on land that's not in our name. So

0:40.0

should I stay on our plan to pay everything off now in 2025 or keep that extra money, start piling

0:48.5

into a savings to put a down payment on the property by this next year. So you're looking to buy the land?

0:56.3

Yes.

0:56.9

How did that not happen with the sale of the house,

0:59.7

wherever when you guys bought the house?

1:01.8

What was the deal?

1:03.9

The original deal was that me and my boyfriend were looking for a house.

1:09.4

We couldn't get approved for a house by itself.

1:11.7

We bought a modular home.

1:12.8

And my grandma said, oh, you can put it on my property.

1:15.7

And then you guys can eventually, when you can, buy the property and keep it in the family

1:19.9

name.

1:20.8

Okay, cool.

1:21.6

So we did that.

1:22.9

And she has just been letting us have it here.

1:25.3

So it's not just some mojo that we have it on. It is family.

...

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