Should I Pause Investing to Load Up a College Fund?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 24 November 2021

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Christy Wright, Rachel Cruze, John Delony, and George Kamel.

Transcript

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0:00.0	You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth,
0:10.5	and outrageous generosity.
0:14.4	Cara is with us.
0:15.4	Cara is in an Arbor, Michigan.
0:18.0	Hi, Cara.
0:19.0	What's up?
0:20.0	Hi, Bays.
0:21.0	Thanks so much for taking my call.
0:22.4	Sure.
0:23.4	I really appreciate you and all of your team.
0:25.0	Thank you.
0:26.0	I'm calling because we found you a little bit later in our financial journey, and our
0:30.0	financial journey has been filled with a lot of dumb, but thankfully a little smart.
0:34.7	And your baby steps and coaching have changed everything.
0:37.7	So we're debt free now, and we have a healthy retirement fund, but I also have a junior
0:43.0	and senior in high school with no college fund.
0:46.5	So what my wondering is, because I've run our numbers and I feel like we can slow down
0:51.0	baby step number four in order to help cash flow their college years.
0:56.1	And I've actually done this, but with a lot of anxiety, which is why I'm calling you,
1:00.3	because I'm wondering, is this why am I on the right track with my thinking?
1:06.5	What's your household income?
1:08.5	230,000.
	...

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