I Feel Aimless With My Money
The Ramsey Show Highlights
Ramsey Network
4.5 • 840 Ratings
🗓️ 30 March 2024
⏱️ 9 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
| 0:06.5 | I'm a really good spot. I'm 37. I have a network probably about 1.3, two properties. |
| 0:14.0 | Each of those properties does have a mortgage, one's at 200, one's at 250, my primary house. |
| 0:20.2 | The other one is rented at a pretty good profit. |
| 0:23.9 | My life circumstances have changed a bit. |
| 0:26.5 | I had twins, you know, and thinking about, yeah, I've had a couple of blessings come into |
| 0:32.3 | my life. |
| 0:33.7 | Changes things. |
| 0:34.7 | Life obviously had to stop working. |
| 0:37.3 | But right now I'm at a crossroads where I'm debating what to do. |
| 0:42.3 | I've seen all the money we've printed and inflation and definitely a little bit. I have money invested in the stock market. |
| 0:50.3 | I'm pretty cash heavy at the moment and debating what to do with that cash. |
| 0:54.4 | Do I have 3.75 rates on both my properties and 25 on one and 20 years left on the other. |
| 1:02.1 | No other debts, no credit card, got rid of all my, paid off all my student loans, paid off all my cars, |
| 1:07.9 | pay cash for pretty much everything now. |
| 1:09.6 | I put in solar, paid cash for that. |
| 1:12.9 | What's the balance on the mortgages? |
| 1:14.9 | 200 on the rental property, that's cash flowing about 1,200 a month, and that's after paying, |
| 1:23.5 | paying the mortgage and all that, and then $250,000 on the house that I live in. |
| 1:28.7 | So how much cash you're setting on? |
| 1:32.0 | Cash, so outside my like IRAs, IRAs are at about $450. |
| 1:37.6 | My actual cash on hand is flush cash is about 80 with another 50 kind of just invested in the market. |
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