You People Are broke!
The Ramsey Show Highlights
Ramsey Network
4.5 • 840 Ratings
🗓️ 30 July 2024
⏱️ 9 minutes
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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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