How Should I Invest If I Can’t Use a 401K?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Business, Investing

4.6 • 3.6K Ratings

🗓️ 6 February 2026

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	This episode is brought to you by SmartVester.
0:07.0	Connect with an investing pro near you at Ramsey Solutions.com slash SmartVester.
0:12.0	Deanna's in Pennsylvania. Hi, Deanna. How are you?
0:17.0	Good. How are you?
0:18.0	Better than I deserve. What's up?
0:20.0	So my question for you, my boyfriend and I graduated college last, I graduated last August. He graduated last December. Combined, we had a little bit over $100,000 in student debt.
0:34.8	Okay, you're not combined. You're not married. So how much do you have?
0:38.7	I had 60, and he had about 55, 60, right around there.
0:44.6	Oh, okay.
0:45.1	Cool.
0:45.5	All right.
0:46.3	Yes, yes.
0:47.4	And then we, I'm set to pay mine off in December, and he's set to pay his off in December.
0:52.8	Wow.
0:53.1	So we're going to be student loan free within just about a year.
0:58.6	Good for you.
0:59.4	So, yeah, so planning long-term-wise, we're looking to probably get engaged in the next
1:05.1	year and a half.
1:06.9	So one thing that we are talking about is combining finances after we are married, and we are looking at what to invest in once we get to that point.
1:17.6	The next year is going to be saving up. We're planning on having around $50,000 to put as a down payment on a house.
1:26.6	We don't want to really buy anything over like $150,000 to put as a down payment on a house. We don't want to really buy anything over like $150,000,
1:31.4	and then, you know, double up our mortgage payments and pay off our house as quickly as we can.
	...

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