Why Should I Focus on Debt Instead of Investing?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.6 • 3.6K Ratings

🗓️ 30 October 2023

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is sponsored by Smart Vestor.
0:07.2	Connect with an investing pro for free at RamseySolutions.com slash invest.
0:15.2	You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building
0:19.7	wealth, and outrageous generosity.
0:23.0	Austin is in Jackson, Mississippi.
0:25.0	Hey Austin, how are you?
0:26.4	Can you hear me?
0:27.9	Yes sir.
0:28.9	How can we help?
0:29.9	We both are doing well today, so I recently, probably within the last few weeks, stumbled
0:34.9	upon your content, and I'm just trying to wrap my head around.
0:39.3	I have a 6% salary match, 401k, and I'm trying to wrap my head around foregoing that and
0:45.0	putting it straight into debt.
0:47.5	And if we're looking for an explanation.
0:49.2	That's a great question.
0:50.9	I mean, you're being very thoughtful about all of this, very well done.
0:55.3	So what do you do for a living?
0:57.6	So I am actually a purchasing manager for a mine.
1:02.0	Okay.
1:03.0	And so you have a degree in business, possibly.
1:05.4	Yes.
1:06.4	Okay.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.