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The Table with Anthony ONeal

Should I Use My $25k Savings to Pay Off $14k Car Loan? рҹӨ”

The Table with Anthony ONeal

The Neatness Network

Society & Culture, Careers, Self-improvement, Investing, Business, Education, Relationships

4.92K Ratings

🗓️ 2 April 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

On today's Build Your Table Live, Anthony shares five crucial assets you must acquire to attain financial freedom and build generational wealth. AO provides expert insights and actionable tips to help you navigate the complexities of wealth acquisition. With a focus on long-term financial stability and legacy planning, today's Live is a must-watch for anyone seeking to secure their financial future and leave a lasting impact for generations to come! в–¶пёҸ Watch the full episode here: https://youtube.com/live/BSSEWOGHDJU Mentioned On Today's Live: рҹ“һ Schedule a 10 Min Call with Yellow Tail Tech: https://anthonyoneal.com/yellowtail рҹ’ө MooMoo Investment Account: https://www.anthonyoneal.com/moomoo в¬ҶпёҸ UpSkillist: https://anthonyoneal.com/upyourskills рҹ’ІWealth Builder Tool: https://www.anthonyoneal.com/wealthbuilder рҹҹў Join Build Your Table: http://anthonyoneal.com/build Checkout My Network Partners: рҹӨқ Bethel Tech: https://www.anthonyoneal.com/Bethel рҹӨқ Better Help: https://www.betterhelp.com/ao рҹӨқ Chime: https://www.chime.com/ttao рҹӨқ Course Careers: https://www.anthonyoneal.com/bootcampcc рҹӨқ Ethos Life Insurance: http://anthonyoneal.com/lifeinsurance Tools Created With YOU In Mind: рҹ’ІWealth Builder Tool: https://www.anthonyoneal.com/wealthbuilder рҹ’° Wealth Calculator: https://www.anthonyoneal.com/wealth-calculator рҹ’ё Debt Calculator: https://www.anthonyoneal.com/debt-calculator рҹҸҰ High Yield Savings Account: https://www.anthonyoneal.com/sofi рҹ’ө MooMoo Investment Account: https://www.anthonyoneal.com/moomoo рҹ“— The Ultimate Guide To Debt Payoff: https://www.anthonyoneal.com/free-tool/debt-payoff рҹ“’ Make Money Online: https://www.anthonyoneal.com/free-tool/how-to-make-money-online рҹ“Ҳ Get A Raise: https://www.anthonyoneal.com/getaraise рҹ‘©рҹҸҫвҖҚвқӨпёҸвҖҚрҹ‘ЁрҹҸҫ Singles Playbook Quiz: https://take.singlesplaybookquiz.com/ вқ“ Guide To Asking Hard Questions: https://get.thequestionsguide.com/o/ вӣӘпёҸ My Devotional on The Bible App: https://rb.gy/v0qf9i рҹ”Һ Find a Church Near You: https://www.anthonyoneal.com/find-a-church-community RECOMMENDED Reading рҹ“” Debt Free Degree: https://amzn.to/3jA8GfR рҹ““ Destroy Your Student Loan Debt: https://amzn.to/3uG5wNQ рҹ““ Essentialism: The Disciplined Pursuit of Less: https://amzn.to/37iUUf1 рҹ“ҳ The Ruthless Elimination of Hurry: https://amzn.to/3uEiKdW Disclaimer: Some of these links are affiliate links, which means I may get a commission if you purchase. However, none of the fees of these resources have been increased to compensate me. In fact, many of these have given me special discounts that I get to extend to you! рҹҳү Our Sponsors: * Check out HackerOne : www.hackerone.com * Check out NPR: npr.org Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0

How are you are Ezekiel? I'm 25. 25 calling in. I love this brother. All right sounds good man. What's your question for me bro?

0:10.1

So I'm getting into the whole stock market and all that I've been I've been watching you since Dave Ramsey days

0:18.3

Yeah, and now like a my neighbor brought it up to me and I was a type of person where I would hear it

0:26.4

I actually got married a month ago

0:28.5

Congrat my wife. Thank you. My wife told me you will always hear these things, but I want you to start putting into action.

0:36.0

So I started doing that. I did my research.

0:40.0

So my question is, like she has has she's getting her master she's graduating like in the next month

0:47.2

with her masters of social work she is working in the field I'm an emergency response leak responder over here in New York.

0:56.4

We make like 120K. Where do we have like a little bit over 25 k saved up? I owe 14,000 on a Honda Civic that I have.

1:09.8

I got it before COVID so the interest rate is very low.

1:12.4

Okay. How much you own it again? I got it before COVID so the interest rate is very low.

1:13.0

Okay.

1:14.0

How much you own it again?

1:15.0

Ezekiel?

1:16.0

14K.

1:17.0

Okay, so be old 14K on a car, okay?

1:21.0

And the masters that she's getting will be like a combined like in total be like 41,000.

1:26.8

41,000 dollars of total debt.

1:28.8

Her masters and then my will be 14 so we're looking like 60,000 around there.

1:36.4

Okay so total she's gonna have 41k in student loans.

1:40.4

Yeah. Yep so we're looking at about 50 $55, yeah. Yep, so we're looking at about 50, $55,000 and

1:48.4

$55,000 in debt, okay? And you're 25, how old is she, she bro how old is your wife to be she's 27 27 oh you got you

...

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