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The Ramsey Show

It’s Not a Dream Car if You Have To Go Into Debt for It (Hour 3)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 3 May 2023

⏱️ 38 minutes

🧾️ Download transcript

Summary

Dave Ramsey & Jade Warshaw answer your questions and discuss: "Is a 529 always the best option?" "Should I go into debt to buy a car?" "How can we catch up on investing?" Support Our Sponsor: Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Join a Personality-led FPU class. Click here! Enter The Ramsey Cash Giveaway for a chance at $3,000! https://bit.ly/TRSgvwy Shop our bestsellers during the $10 Sale! https://bit.ly/TRS10Sale Enter The Ramsey Cash Giveaway for a chance at $3,000! https://bit.ly/TRSgvwy Shop our bestsellers during the $10 Sale! https://bit.ly/TRS10Sale Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Interested in advertising on The Ramsey Show? https://ter.li/s64ye3 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

chase

0:19.8

Live from the headquarters of Ramsey Solutions broadcasting from the pods

0:31.3

moving in storage studios. It's the Ramsey show where we help people build

0:37.3

wealth who work that they love and create actual amazing relationships.

0:42.7

The phone number is 48255-225. Thank you for joining us my co-host today.

0:49.1

Jade Barshal Ramsey Personality. We're here to answer your questions about

0:53.3

your life and your money. Triple eight 8255-225. Colby's with us in Las Vegas.

1:00.1

I co-be welcome to the Ramsey show. Hey how you doing? Great man what's up? So I'm

1:06.3

just recently graduated high school. I've got a job as a car salesman. I still

1:11.3

have yet to buy a car. I'm just using like a hand me down my dad gave to my

1:15.1

brother gave it to me that I'm going to give it to my sister in about eight months

1:17.9

or so. So my dealership if they'll pay if you buy a car they'll pay your

1:23.7

payment. They'll pay $500 of your payment every month for 36 months and I was

1:29.1

planning on buying a car cash but I was just curious if I should you know take

1:32.1

advantage of this and just put as much money down to get five hundred bucks a

1:35.8

month and obviously have the money to pay it off if I need to but you know

1:40.1

free money is that something I should do or shouldn't be? Have you asked them

1:45.0

if they will give you money towards you buying a car and cash from them? No it's

1:51.9

just they just do a payment that the owner of the dealership I work out will give

1:56.2

you the money. No I'm not gonna do it. Yeah I was playing I have about a

2:04.1

$40,000 saved and I was just playing on his client some cash and if not

2:08.2

doing the payment. Where did you get $40,000 while you were in high school? I never

...

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