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The Ramsey Show Highlights

Stop Paying Debt To Buy An RV To Live In?

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 12 June 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought you by Y-ReFi. Refinance your defaulted private student loans today at Y-refi.com slash Ramsey.

0:10.3

So my question is, should I pull out of my savings or stop paying towards my debt in order to buy an RV for me, my husband, my one-year-old,

0:21.7

and our two dogs to live in.

0:24.0

Why do we want to live in an RV?

0:28.2

So my parents are home flooded in 2023.

0:33.4

Oh, no.

0:33.8

And so my husband and I, we had a two-month, well, we had a baby, baby.

0:41.6

And we needed a place to go.

0:43.4

So my parents had just finished building their house.

0:45.8

And while they were building their house, they lived in an RV.

0:48.4

And so they had an RV for us to live in.

0:51.8

So we moved into there.

0:53.8

Now, my parents are both retired retired and they're wanting extra money.

0:59.4

And so I just feel like us moving out of this $40,000 RV would be very beneficial to

1:05.6

them.

1:06.0

Now, while we're living in this RV, we've been able to save and pay off some of our debt.

1:10.5

Okay.

1:10.7

And so we want to continue doing that. We're not really ready to go and rent again.

1:16.2

So we've discussed with my parents, maybe us buying our own RV and...

1:21.6

Giving theirs back?

1:22.6

And then be able to sell theirs. Yes.

1:24.6

What would the cost of the RV be that you guys are thinking about buying?

...

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