We're $53,000 in Debt and Treading Water
The Ramsey Show Highlights
Ramsey Network
4.5 • 838 Ratings
🗓️ 17 May 2026
⏱️ 8 minutes
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| 0:00.0 | Brought to you by the Every Dollar app. |
| 0:04.3 | Start budgeting for free today. |
| 0:06.6 | I was just calling in, just wanted to say I love the show, and I'm new to Ramsey, but I'm really throwing myself into, you know, everything that y'all teach. |
| 0:15.4 | I've already completed baby step one, and I just wanted some direction on how to get through step two. |
| 0:20.0 | Well, welcome aboard |
| 0:21.3 | Zag. Baptism by fire. Let's go. Proud of you. So, what's the picture? Give us the financial |
| 0:27.7 | picture and baby step two. What are we working on? We're working through about $53,000 in debt. |
| 0:34.6 | You said 53? |
| 0:35.4 | Including by now, yes, sir, 53,000. |
| 0:38.3 | All right, break it down for us. |
| 0:40.3 | And it's going to be about $3,287 in by now pay later debt, $785 in personal loan debt, |
| 0:51.3 | $39,380 in car debt and I have five credit cards one with K jewelers for |
| 0:59.6 | $1,415 one with Navy Federal for $4,300 one with Capital One for $1,500, one with Discover for $1,250, |
| 1:09.8 | and another one with Chase for $1,000. |
| 1:12.6 | And all those are maxed out, except for the card for the ring. |
| 1:17.4 | I'm exhausted hearing about this. I can't imagine how you're feeling, carrying it. |
| 1:22.3 | Yeah, it's a lot. At least you know your numbers. That's honestly, that tells me you're |
| 1:27.3 | actually going to get out of this thing because most people have no clue what's going on. They don you know your numbers. That's honestly, that tells me you're actually going to get |
| 1:27.8 | out of this thing because most people have no clue what's going on. They don't want to know. |
| 1:31.7 | And, Zay, you've made a bold choice to go, I'm going to stare this thing right in the face and tackle it. |
| 1:38.4 | Love it. Absolutely. Yeah, it's a lot. |
| 1:40.5 | Tell us your income. |
... |
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