How NOT To Use Your Student Loan Refund! (Hour 3)

The Ramsey Show

Ramsey Network

Investing, Self-improvement, Education, Business

4.5 • 38.5K Ratings

🗓️ 14 October 2022

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kristina Ellis & George Kamel discuss: What to do with savings when your student loans were forgiven, How to get strategic with your budget so you can your house off early, How to use 529's to save for your children's future, Why company shares don't count towards your 15% of retirement savings, How to help disabled family members be financially prepared for the future, Why you shouldn't use the student loan refund to finance your real estate dreams. 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	game
0:02.0	Marc Nellbout
0:24.5	Live on the headquarters of RAMSLee Solutions,
0:29.6	Live from the headquarters of Ramsey Solutions, broadcasting from the pods,
0:33.5	leaving and storage studio.
0:35.2	It's the Ramsey Show, where America hangs out and have a conversation about your life
0:39.9	and your life.
0:41.2	I'm your host, Christina Ellis, joined by my co-host, George Campbell.
0:45.9	Give us a call, triple 8, 825-225.
0:50.5	We're answering your questions about your life and your money, and we'd love to chat
0:53.9	with you, so give us a call.
0:55.5	First up, we have David calling from Seattle, Washington.
0:58.5	Hey David, welcome to the show.
1:00.5	Hey Christina, hey George, it's Project Talking You Guys.
1:04.1	Good talking to you too, how can we help?
1:07.8	I've saved up quite a bit of money, at least quite a bit from me, and I'm trying to figure
1:17.0	out what to do with it.
1:18.6	Just to give you a quick background, I have, I guess, $19,000 in student loans, and I
1:25.8	guess with the whole student loan forgiveness thing, I'm just kind of confused as to what
1:30.6	to do right now.
1:33.0	Welcome to the party, my friend.
1:34.3	That's a lot of people, if you're using times out there in student loan forgiveness
	...

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