Where Should We Invest After Paying Off Debt?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 6 May 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	This episode is sponsored by SmartVester. Connect with an investing pro for free at Ramsey Solutions.
0:11.0	Com slash invest.
0:22.0	You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth and outrageous generosity. Melody's in Atlanta.
0:24.0	Hi, Melody, how are you?
0:26.0	I'm good, how are you?
0:27.0	Better than we deserve.
0:28.0	How can we help?
0:29.0	So, we are within two weeks in theory of having our first born and trying to
0:35.4	figure out what are you having?
0:38.6	Little boy.
0:40.1	All right. Very fun. Congratulations.
0:44.0	Thank you.
0:45.0	Just trying to figure out best options for investments moving forward, past just, like 401k's and what we can kind of do is a little extra to have
0:59.6	him set up.
1:01.1	Okay, is this for your son you're thinking for specifically or you guys as a
1:05.0	family or like as a couple? As a family. Okay, are you guys...
1:09.6	He'll have to work when the time comes. Yes, yes, yes, are you guys working your way out of debt or are you out now?
1:16.4	No, we are out of debt. We finished paying off our house two weeks ago.
1:20.8	Oh, way to go.
1:21.8	Oh my gosh, you completely. Yes there. Way to go. So you guys are
1:26.7	both cards are paid for one was the one I had only got married the other one we paid cash for
1:31.4	a little over about two years ago I guess.
	...

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