Why Car Payments Are Keeping Americans in the Middle Class
The Ramsey Show
Ramsey Network
4.5 โข 38.5K Ratings
๐๏ธ 8 October 2024
โฑ๏ธ 84 minutes
๐๏ธ Recording | iTunes | RSS
๐งพ๏ธ Download transcript
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| 0:00.0 | The Welcome to the Ramsey Show where we help you win in your life. We want you to |
| 0:19.0 | win with your money, win in your work and win in your relationships. |
| 0:23.5 | I'm Ken Coleman, Jade Warshaw is alongside, |
| 0:25.6 | and we're here for you. |
| 0:26.4 | The phone number is AAA 825. |
| 0:29.2 | 5225. |
| 0:30.7 | That's AAA 825, 5225. |
| 0:30.7 | That's AAA, 8 825. 5. 225. |
| 0:35.0 | All right, let's get it started with Taylor in Los Angeles. |
| 0:38.0 | Taylor, how can we help? |
| 0:40.0 | Hi guys, thanks for taking my call. How are you? |
| 0:43.0 | Good, how are you? |
| 0:45.0 | Good, thanks. |
| 0:46.0 | So pretty much from backstory, my husband and I have about like $105,000 in debt between credit cards, cars and student loans. and |
| 0:55.0 | $5, $5,000 in debt between credit cards, cars and student loans. |
| 0:55.2 | And right now, he makes $8,400 a month, |
| 0:58.6 | and like we're breaking even between like rent bills and whatever. My question is I've been doing here for three years |
| 1:06.4 | off and on and I've been doing it consistently for like the past four months now and I'm |
| 1:12.0 | just barely breaking even I feel like I'm not seeing the profit. So my question is, would you advise like getting a different job, like a full-time job where I'm bringing in more income because I finished the total money makeover and I feel like my mindset has changed about money and I feel like I need to bring in more income in order to make a debt and our debt, but I don't want to quit what I went to school for. |
| 1:37.4 | You know what I mean? |
| 1:38.4 | Well, maybe it's not a matter of quitting it, maybe it's just a matter of adding to until you're making the money that you want to make. |
| 1:46.5 | Because I think you know the answer to this, yeah, you do need to be making money. |
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