I Just Bought a House and Feel Like I'm Never Going To Pay It Off

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 17 June 2021

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Ramsey Call of the Day 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, Christy Wright, Anthony ONeal, and Dr. John Delony. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's Thursday, and this is the Ramsey Call of the Day.
0:08.2	Part of the Ramsey Network.
0:11.2	Joining me today is Ramsey personality, Ken Coleman.
0:16.3	Michael is in Boston.
0:17.9	Hey, Michael.
0:18.6	Welcome to the Ramsey show.
0:21.3	Hey, Dave. Thanks for having me on.
0:23.2	Sure. What's up?
0:25.1	So I have a question on tackling Baby Step 6. So I recently paid off about $50,000
0:31.6	at debt.
0:32.5	Way to go.
0:33.0	I have $25,000 in my emergency fund and I have close to 15% of my income since
0:44.2	since I can't do full 15 because I would hit the 401k cap. And when I'm looking at
0:51.4	Babesep 6, my mortgage is like this massive thing since I just got it in 2019.
0:56.2	And just the thought of putting everything in there would take me years to do, to pay it off.
1:03.1	No, that's not.
1:03.5	So my question is, do I do?
1:04.2	What's your income?
1:06.4	I make $170.
1:07.9	Way to go.
1:09.3	What's this mortgage?
1:12.2	$408.
	...

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