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The Ramsey Show Highlights

I Think My $17,000 Car Is Too Fancy for Me

The Ramsey Show Highlights

Ramsey Network

Business, Education, Investing, Self-improvement

4.5839 Ratings

🗓️ 11 April 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.6

I've recently purchased a car and I think it's a mistake.

0:11.1

Uh-oh. Give us some evidence that makes you think it's a mistake.

0:16.1

Well, it's like Mercedes. It's very luxurious.

0:23.9

I feel like the gas is premium.

0:27.7

That's a fact.

0:28.5

That's not a feeling.

0:30.2

I've got one of those.

0:31.8

It's a little extra.

0:33.0

How much did the car cost?

0:36.0

$17,000.

0:37.2

$17,000. $17,000.

0:38.7

All right.

0:39.4

And did you take a loan out on it?

0:42.8

I did because I didn't have a check at the dealership, but I'm going to pay it off as soon as the first bill comes.

0:51.0

So you've got the $17,000 in the bank?

0:54.3

Yes. Oh, okay. Great. So we're off to a17,000 in the bank? Yes.

0:54.9

Oh, okay, great.

0:56.0

So we're off to a decent start here.

0:58.0

How much money do you make?

1:00.6

Our household is about 160.

1:05.1

Well, I got great news for you, Greg.

...

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