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The Ramsey Show Highlights

I’m In Over My Head With A Remodel

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 8 November 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:06.6

So my end goal is to sell my health so that I can move to another state. But I told myself I couldn't do that until I was debt-free and that I had a fully funded emergency fund.

0:18.7

So I was wondering if I could get some help brainstorming ideas on how

0:23.0

to get out of my house for the most amount of money. That way I can pay off as much debt as possible.

0:28.2

Oh, I like this. This is giving like, I don't know, an HGTV vibe.

0:33.7

Okay. So how much debt do you have, Kayla? So I have 144,000 and that's not including my mortgage.

0:42.5

Okay.

0:42.9

What's the debt in?

0:45.2

The debt is in 19,600 is a credit card.

0:50.0

Okay.

0:50.3

96,400 are personal loans that were for the remodel.

0:56.4

Oh.

0:57.6

Yeah.

0:58.2

So you already started a remodel?

1:00.5

I did.

1:01.3

Correct.

1:02.2

Okay.

1:03.1

And then what else?

1:03.8

And then my car is 28,000.

1:06.4

My car is currently for sale online.

1:09.2

Okay.

1:09.8

So hopefully I can get rid of that pretty soon. Oh, great. How much

...

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