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Ramsey Everyday Millionaires

Should We Wait for Interest Rates To Come Back Down?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 30 August 2023

⏱️ 7 minutes

🧾️ Download transcript

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

This episode is sponsored by Smart Vestor.

0:07.2

Connect with an investing pro for free at RamseySolutions.com slash invest.

0:15.2

You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building

0:19.7

wealth, and outrageous generosity.

0:23.0

Dylan is with us in Salt Lake City.

0:24.6

Hi, Dylan.

0:25.6

How are you?

0:26.6

Good.

0:27.6

How are you, Dave?

0:28.6

Thank you for taking my call.

0:30.4

So, my wife and I have been married for three years now.

0:34.2

We've been going to school in one college.

0:37.0

She graduated this past May with an engineering degree, and I graduated this upcoming May with

0:42.1

an engineering degree.

0:43.5

We're 100% debt-free, we've been through college with no student loans, and we've been

0:50.6

able to save about $60,000 that we've year marked for a home, and we're curious as to

0:57.2

whether or not now is the time to buy, with interest rates so high and with just everything

1:03.8

going on in the market, uncertainty, yeah, so what's your advice for me or other questions

1:10.5

you have?

1:11.5

You're going to, you know you're going to stay in that area?

1:14.6

Yes, we are.

1:16.1

Okay, so you get, I mean, you get out of school and you're going to take a job and that's

...

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