4.6 • 682 Ratings
🗓️ 30 January 2024
⏱️ 5 minutes
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0:00.0 | Brought to you by the Every Dollar app. |
0:04.3 | Start budgeting for free today. |
0:06.3 | Karen is with us in Jacksonville, Florida. |
0:08.6 | Hi, Karen. |
0:09.1 | How are you? |
0:10.6 | Hi, Dave. |
0:12.0 | Hey, what's up? |
0:12.9 | I'm doing well. |
0:14.1 | It's an honor to speak to you. |
0:15.5 | You too. |
0:16.2 | How can we help? |
0:18.1 | Well, my husband and I have actually gone through Financial Peace University and were doing really well. |
0:25.6 | We, as of 2022, we were, you know, had a fully funded business safeguard account. |
0:32.6 | We had our emergency fund funded. |
0:34.3 | We had no debt other than our house. |
0:36.8 | And at that time, my husband got a not-so-good |
0:40.8 | medical diagnosis. So that set us back that year. And then ultimately, he decided to make a step |
0:47.0 | into a profession that he wanted to be in, and that essentially cut our income almost in half for now. So he's doing he's doing much better |
0:59.6 | with that and moving forward, progressing forward. But my question is, as a result of those two things, |
1:07.1 | we had to, you know, tap into those safeguard accounts and pretty much depleted most of them. |
1:15.6 | And now we've got some credit card debt. |
1:18.5 | We have some stock that is not in any kind of retirement account. |
... |
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