Think Twice Before You Buy a Fixer-Upper… (Hour 3)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 12 December 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dave Ramsey & Ken Coleman discuss: Pausing house saving to buy a car, Keeping a job just for the pension, Why you should stop and think before you buy a fixer-upper, Investing in a Roth until you get the company match, When to get long-term care insurance. 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	16.
0:21.0	Live from the headquarters of Ramsey Solutions, broadcasting from the pods of moving and
0:33.3	storage studios.
0:35.3	It's the Ramsey Show where that is Duncan Cash's King and the paid off home mortgage has
0:40.6	taken the place of the BMW as the status symbol of choice.
0:46.1	We help people build wealth to work that they love and create actual amazing relationships.
0:54.2	Ken Coleman Ramsey personality number one best selling author is my co-host today.
0:58.9	As we answer your questions about your life and your money, thank you for joining us.
1:04.0	Merry Christmas.
1:05.7	The phone number is triple eight, eight two five five two two five.
1:09.9	Amy is with us in Salt Lake City.
1:12.4	I am Amy how are you?
1:14.7	Better than I deserve.
1:17.5	What's up?
1:18.5	Good.
1:19.5	So we are on baby steps three and our family car has about a hundred and eighty five thousand
1:25.5	miles on it and starting to give us trouble and we're planning on driving it till we can
1:30.3	anymore.
1:31.3	But my question is do we pause our baby step three and start saving money for a newer
1:37.9	replacement?
1:39.6	No, baby step three is your emergency fund and your replacement is not yet an emergency.
1:49.4	You're saying it may become one but right now it's not.
	...

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