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The Ramsey Show

How Do I Start the Baby Steps? (Hour 1)

The Ramsey Show

Ramsey Network

Business, Education, Investing, Self-improvement

4.636.7K Ratings

🗓️ 19 January 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Kristina Ellis & George Kamel answer your questions and discuss: Pulling from mutual funds to pay off debt, from the blog: Should I Use My Investments to Pay Off Debt? "How do I get started on the Baby Steps?" from the blog: How to Win With Money in 7 Baby Steps An update on the Debt Ceiling and Student Loan Forgiveness, "I'm over $100k in debt. should I declare bankruptcy?" "Should I pay for my ex-husband's funeral?" Support Our Sponsor: Churchill Mortgage PODS Moving & Storage Zander Insurance Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

Music

0:04.3

Music

0:28.3

Live from the headquarters of Ramsay Solutions,

0:31.3

broadcasting from the pods, moving and storage studio,

0:34.3

it's the Ramsay Show, where America hangs out to have a conversation

0:38.3

about your life and your money.

0:40.3

I'm Christina Ellis, Ramsay Personality, joined today by my co-host,

0:44.3

Ramsay Personality, George Campbell.

0:46.3

We're taking your calls at AAA, 825-225.

0:51.3

Give us a call, we'd love to chat.

0:53.3

Kicking off this hour is Ashley calling from Nashville, Tennessee.

0:57.3

Hey, Ashley, welcome to the show.

1:00.3

Hey, how are you guys?

1:02.3

Hey, we're doing great, how can we help?

1:05.3

So my husband and I have recently decided to be gazelle intense.

1:10.3

We have red total money makeover, and we are on baby step two currently.

1:16.3

Let's go.

1:17.3

And so we finally put all of our debt together, including student loves,

1:23.3

everything, and we're sitting at about 148,000.

1:27.3

And my question today is, I have a small bit of mutual funds.

1:32.3

I was gifted from a family member.

1:35.3

I think I might have an emotional attachment too, but we're wondering if we should sell those

...

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