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The Ramsey Show Highlights

Jealous of My Friends Who Are Debt-Free

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 16 July 2024

⏱️ 7 minutes

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:06.7

So, yeah, I'm in a bit of a position. I feel kind of stuck right now. So I'm 26 years old, Dave.

0:13.5

I graduated from a pretty expensive school in 2020, right in the height of COVID. So, and I was actually supposed to get an internship from that school that was actually taken away

0:26.6

from me because they changed management and cut the program.

0:29.7

So it hasn't been the most stable financial runway for me for a while.

0:36.0

At the current time that I'm in right now, for the last

0:39.4

couple years, I've been really struggling with finding a job with my degree. I was a double

0:44.9

major. I worked hard when I was in college. I got a marketing degree and a management degree.

0:50.2

However, I didn't get a whole lot of real practical experience, unfortunately.

0:55.7

That's what I was hoping the internship would provide for me.

0:59.1

And most of my, I have like almost $100,000 in student loan debt.

1:04.3

And I've been trying to pay them back.

1:06.3

I just finished baby step one, so I'm trying to do what I can.

1:10.1

However, trying to be frugal as

1:12.4

frugal as possible is not really you know it's going to be quite some time before I'm

1:17.5

able to actually be able to be debt-free and I didn't know what the best solution would be

1:23.1

my expenses I you know I try to lower as many of them as I can, but at the time, I wish I could

1:30.8

save more and pay these off quicker, but I'm just in a position where a lot of my coworkers,

1:36.5

which I don't really need the degree that I have to be in the job that I'm in.

1:41.6

So a lot of my coworkers are saving 500, 600 or just have that much money to play with.

1:47.3

And then next month, my loan's actually increased.

1:49.7

My coworker has hair and I don't, but it really doesn't affect me.

...

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