Should We Pay Off the House or Save for College?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 5 May 2023

⏱️ 3 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, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	The episode is sponsored by Smart Vester.
0:07.0	You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building
0:14.6	wealth, and outrageous generosity.
0:16.8	All right, up next we have Jonathan in Tampa.
0:20.0	Hey, Jonathan, welcome to the show.
0:21.8	Hi, thanks for having me.
0:23.6	Absolutely, how can we help?
0:25.5	So my wife and I are longtime Dave Ramsey followers.
0:28.5	We completed FPU in 2014 and we're getting into some fun problems, I guess.
0:33.5	Woo-hoo!
0:34.1	Like a word of that way.
0:35.2	Yeah.
0:36.2	We're on baby steps four, five, and six.
0:39.2	We are at a point where we owe 120 less to on the house.
0:44.2	So we're paying it down aggressively if we down our current plan without adding any
0:50.0	more additional funds.
0:50.7	And we'll be done here in May of 2026 to be our final.
0:55.5	Wow, awesome.
0:56.8	So exciting.
0:57.8	Yeah, we're pumped.
1:01.0	We have some money aside right now that our emergency fund just keeps unexpectedly growing.
1:07.8	We're going to work in the zero budget, the zero balance budget every month, but I got
	...

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