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The Ramsey Show Highlights

I Don't Want To Close My Credit Cards

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 25 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.

0:06.0

Sean joins us in Irvine, California. Sean, how can we help you today?

0:10.0

Hi guys, how you doing?

0:12.0

We're doing great.

0:14.0

Good, good, good. So I just had a quick question.

0:18.0

So I currently, you know, I'm not in, I'm not in debt really that much,

0:23.5

really, just from school and a surgery that I had, but that doesn't even amount to like 20 grand,

0:30.5

which is totally manageable. But on the other hand, I don't, I have about seven credit cards with very little balance.

0:40.6

And if anything, they're just my remedial, um, uh, they're paying for like Netflix, you know,

0:46.5

like stuff like that on payment plans every month for those, for that kind of stuff. Um, however,

0:53.2

it does amount to over $100,000 of open credit.

0:57.9

Now, with that much open credit...

0:59.6

Are you trying to impress us, Sean?

1:01.2

Because it's not working so far.

1:03.3

No, no, no.

1:04.4

It's scary.

1:05.3

Okay.

1:05.6

Because I need to get...

1:07.5

I'm going to buy a house soon.

1:09.4

Why?

1:10.0

And what was that?

1:11.9

Why?

...

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