4.6 • 682 Ratings
🗓️ 24 November 2023
⏱️ 8 minutes
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0:00.0 | Brought to you by the Every Dollar app. Start budgeting for free today. |
0:06.2 | Mikey is in San Diego. What's going on, Mikey? |
0:10.5 | So I recently got married, and we've been expecting twins, and so I'm trying to prepare for the twins and have like a five or seven |
0:23.6 | year plan to get a house. I don't have, um, we both combined don't have too much in debt that I, |
0:30.7 | um, I think we should be able to pay it off within at least, I feel like a year or two. |
0:38.3 | It's a, I think, yeah, it's around 40K in debt combined. |
0:44.3 | Okay. And what's your household income? |
0:47.3 | So since she's working or she's not working right now, it's me it's 150 150,000 awesome great income so |
0:58.8 | why is it going to take two years to clean up 40k making 150 um it's just because of the uh I |
1:06.6 | have a rent um that's at 30 it's like 3,100 and then the utilities and whatever. |
1:16.2 | I don't have a car payment, so it's pretty easy for me to, like, cover all the regular bills on top of what I have to try and pay down my debt, but I'm trying to get to her debt as fast as possible so I can help her. |
1:36.0 | Oh, I'm confused. Her debt, my debt. Are you guys married? |
1:39.6 | Oh, I'm sorry, my bad. Our debt. I'm still getting used to it. |
1:42.7 | Okay, you're newlyweds. That's cool. |
1:44.3 | I understand. |
1:44.8 | So the 40K in debt is both of y'all's debt combined? |
1:48.4 | Yes. |
1:49.0 | Okay. |
1:49.3 | And what kind of debt is that? |
1:53.0 | It's mostly consumer and then her, I mean, our student loan. |
1:57.9 | Okay. |
1:58.4 | How come she's not working? |
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