4.6 • 682 Ratings
🗓️ 20 April 2024
⏱️ 8 minutes
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0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. Chris, how can we help? |
0:08.9 | Great. How are you, Ken and George? We're having a blast. I just heard it. I heard it in the way you said, George. That's beautiful. I love the Boston accent. |
0:17.1 | Maybe a little bit. A little bit. So what's going on? |
0:23.0 | So I have a question I am currently a my wife and I are |
0:26.9 | a network millionaires I'm 45 |
0:29.1 | she is 32 |
0:30.5 | I'm struggling a little bit |
0:33.3 | on kind of what's underneath that |
0:35.9 | and the approach that I should take. |
0:38.5 | So we have a house and we also have a second investment property. |
0:46.2 | On top of that, some student loans and a car loan. |
0:49.2 | Um, just kind of curious, um, you know, essentially we're on baby step two. |
0:57.3 | And we do have an emergency fund of a little bit more than $1,000. |
1:13.0 | I'm struggling with the emergency fund of $1,000 if something major goes wrong and we need to repair the house, a furnace goes, or a roof needs to be replaced, or, you know, something like that where, you know, we are networked millionaire. So I'm just kind of looking for advice on the |
1:17.6 | next step to take and whether or not I should sell my investment property potentially and |
1:22.0 | get rid of all of the other debt underneath and just have my mortgage left. So I'm just kind of looking for some |
1:28.5 | advice. Yeah. Well, I'm glad you're on the plan. I mean, congratulations on being net worth |
1:32.7 | millionaires at such a young age. That's an, that's an accomplishment. So tell me about these debts. |
1:37.7 | How much do you have in student loans? So student loans, between the two of us, we have about |
1:43.4 | $37,000. And the, we have about 37,000. |
1:45.0 | And the car loans? |
1:46.0 | 35,000, just one car loan. |
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