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The Ramsey Show Highlights

You People Are broke!

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Business, Investing

4.5840 Ratings

🗓️ 30 July 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

💵 Start your free budget today. Download the EveryDollar app! Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch entertaining calls, Dave Rants, guest interviews, and more! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! Listen to more from Ramsey Network 🎙️ The Ramsey Show   🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

brought to you by the every dollar app start budgeting for free today i just call and try to

0:07.8

give you a little bit of advice from you dave on the way that my wife and i can tackle our uh monster

0:13.8

debt that we have currently without our house we are at $240,500.

0:22.4

Good Lord.

0:23.8

Yes.

0:25.5

It is a monster.

0:26.4

What is the monster?

0:31.9

Unfortunately, it's a lot of credit cards, student loans.

0:41.1

It's a HELOC and a 401k loan as well as two car payments as two car payments you never met a debt you didn't like no and unfortunately not what's the income what's the income our

0:48.3

salary wise is 151 6 I broke it down to what our yearly is. It should be roughly 99,840.

0:58.1

Okay. Okay. So it sounds like you guys, I'm just trying to get my head around how this happened.

1:06.2

It sounded like you felt like you were making a good income and it was time to just go crazy. Is that right?

1:12.1

The credit cards is the biggest issue. How much is that? Unfortunately, of the credit cards,

1:18.4

46,962 as of last month. Okay. We got... How much on the cars?

1:29.1

The cars itself. My car is 287, $28,700. My wife is $21,000. And mine's due to be paid off

1:38.5

in four years. Hers is due to be paid off in three years. Well, one of them's probably got to go.

1:45.2

The $28,000 one.

1:46.9

What's it worth?

1:49.6

I'm not entirely sure.

1:51.8

It's a 21 Kia Sorrento.

1:54.3

It's more of the family car.

1:56.4

She has the more gassy fishing car.

...

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