I Sold My Car And Now I Miss My Debt
The Ramsey Show Highlights
Ramsey Network
4.5 • 838 Ratings
🗓️ 15 November 2024
⏱️ 8 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. I've got a question. I've spent |
| 0:08.0 | most of my life really, really poor, largely due to I graduated with software engineering degree |
| 0:13.9 | at the time that WorldCom crashed. And I paid my debt off and I've lived with little to no debt most of my |
| 0:19.4 | life. And finally, in just the last few years, I've started making some pretty good money, |
| 0:23.8 | real good money. |
| 0:24.9 | And no other real debt, but I went and bought some fancy cars. |
| 0:28.6 | And now I've been listening to you all for a couple years, and I decided to sell my |
| 0:31.8 | 20-24 Corvette off. |
| 0:34.4 | And I'm not going to lie, I'm missing the payment. |
| 0:36.7 | I'm missing the car. I'm missing the car. I'm missing the |
| 0:39.5 | payment. At what point does building wealth really start to take over that I'm going to enjoy |
| 0:44.5 | this versus feeling rich? In what point can I maybe enjoy both? I mean, it's just kind of a shell |
| 0:50.6 | shock to me to go from nothing to having something and now I'm driving up a |
| 0:55.5 | $6,000 car because I sold my $90,000 Corvette and it's just kind of a shocker. |
| 1:01.0 | Well, let me go back for a second because I'm just curious. Do you really miss your payments? |
| 1:06.0 | I get you, I'm missing the 2024, but do you really miss that payment? Like, that's real, |
| 1:11.2 | that's a real statement in your mind? Well, it's more like, you know, I made that payment and I was |
| 1:17.9 | saving money and I had no trouble saving money with it. So it wasn't like I minded it so much. |
| 1:22.4 | You don't miss, you don't miss shelling out that much money every month, though. Oh, no. |
| 1:36.6 | And the real listening to y'all, and I'll be honest with what ended up being the nail in the coffin is when they jacked my insurance over $600 a month. |
| 1:37.2 | And I'm like, whoa. |
| 1:37.7 | Yeah. |
... |
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