Should I Sell Investments To Pay Off Debt? (Hour 3)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 23 January 2023

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

George Kamel & Ken Coleman answer your questions and discuss: Dealing with tax debt, "How picky should I be in my job search?" Credit scores and why you don't need one, "I'm scared the economy is going to collapse and the government will take my money". Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	Assume that he hate armors, he inteces.
0:23.3	Live from the headquarters of Ramsey Solutions, broadcasting from the pods, moving and
0:33.5	storage studio, it's the Ramsey Show, where America hangs out to have a conversation
0:38.0	about your life and your money.
0:40.3	I'm Ramsey Personality, George Campbell, joined by Ken Coleman this hour.
0:43.7	The phone number to call is AAA8255225.
0:48.0	This is a show about you and your life and you doing meaningful work and living
0:53.2	a debt-free lifestyle and having incredible relationships.
0:57.0	That's what we're here to help you do.
0:59.3	Joshua kicks us off from New Mexico this hour.
1:02.1	Joshua, welcome to the show.
1:03.9	Yeah, how's it going?
1:06.0	Good, how are you?
1:07.0	Good, good.
1:08.0	Okay, so I'm 24 years old.
1:11.1	I work in real estate.
1:12.6	My wife and nurse here and we have five investment properties and then we have our primary
1:18.3	residence. We have three vehicles, two still have loans on them and I guess the
1:23.4	just of my question is should I sell my investment properties to clear pretty much all my personal
1:28.8	debt and I think I'd have about 40,000 left on my personal mortgage.
1:33.6	So how much do you have in consumer debt?
1:35.5	You said you have two car loans, anything else?
	...

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