Caller

Now, after we started that train going, now we can start reaching over and putting extra payments on towards the house. So do you see, I mean, that's just a very, it's not even going super deep into it, but you can see how these things build on one another, right?

Right. Yeah. I mean, I misspoke originally. I meant to say to start building the emergency fund. I do understand where you're coming from. And it does make sense. I was just just getting excited at zero at zero percent. I was like, oh, well, you know, I'm not losing money by keeping it longer, but it would put a risk for a worse emergency.

Right. Yeah. I mean, I misspoke originally. I meant to say to start building the emergency fund. I do understand where you're coming from. And it does make sense. I was just just getting excited at zero at zero percent. I was like, oh, well, you know, I'm not losing money by keeping it longer, but it would put a risk for a worse emergency.

Right. Yeah. I mean, I misspoke originally. I meant to say to start building the emergency fund. I do understand where you're coming from. And it does make sense. I was just just getting excited at zero at zero percent. I was like, oh, well, you know, I'm not losing money by keeping it longer, but it would put a risk for a worse emergency.

You're right. You're not losing money in that way of interest, but because it is still this risk that's hanging around and because it is still putting a drain on your income on a monthly basis. It's like rip the bandaid off, pay that thing off so you can finally have all of your income at your disposal. And then that's going to help you to go faster in a lot of other ways.

You're right. You're not losing money in that way of interest, but because it is still this risk that's hanging around and because it is still putting a drain on your income on a monthly basis. It's like rip the bandaid off, pay that thing off so you can finally have all of your income at your disposal. And then that's going to help you to go faster in a lot of other ways.

You're right. You're not losing money in that way of interest, but because it is still this risk that's hanging around and because it is still putting a drain on your income on a monthly basis. It's like rip the bandaid off, pay that thing off so you can finally have all of your income at your disposal. And then that's going to help you to go faster in a lot of other ways.

It's like a pitcher of water. You know, if you're having to pour it across six different cups, it's going to take forever to fill up those six different cups. as opposed to if you just have to pour it into another cup, then you can fill it up fast. So that's how the debt snowball works.

It's like a pitcher of water. You know, if you're having to pour it across six different cups, it's going to take forever to fill up those six different cups. as opposed to if you just have to pour it into another cup, then you can fill it up fast. So that's how the debt snowball works.

It's like a pitcher of water. You know, if you're having to pour it across six different cups, it's going to take forever to fill up those six different cups. as opposed to if you just have to pour it into another cup, then you can fill it up fast. So that's how the debt snowball works.

Hi, this is exciting. I've never done this before. So I'll try to make this brief. I'm 78. I've been a widow for five years. I'll go back to 2009. Our house was paid for. We had a son with a traumatic brain injury who lived in that but could no longer. So we sold it. We did not know that we needed to reinvest that money. We got caught owing the IRS $96,000.

Hi, this is exciting. I've never done this before. So I'll try to make this brief. I'm 78. I've been a widow for five years. I'll go back to 2009. Our house was paid for. We had a son with a traumatic brain injury who lived in that but could no longer. So we sold it. We did not know that we needed to reinvest that money. We got caught owing the IRS $96,000.

Hi, this is exciting. I've never done this before. So I'll try to make this brief. I'm 78. I've been a widow for five years. I'll go back to 2009. Our house was paid for. We had a son with a traumatic brain injury who lived in that but could no longer. So we sold it. We did not know that we needed to reinvest that money. We got caught owing the IRS $96,000.

We had that money, but we were told not to use that. So I took a small loan out. On my house, my house would sell for about $600,000. I owe $44,000. I have one credit card that I owe $5,200 on. My income after taxes is a survivor benefit for my husband and a little child. My Social Security, which after taxes is about $2,500, $2,600 a month. I have enough money to pay my bills.

We had that money, but we were told not to use that. So I took a small loan out. On my house, my house would sell for about $600,000. I owe $44,000. I have one credit card that I owe $5,200 on. My income after taxes is a survivor benefit for my husband and a little child. My Social Security, which after taxes is about $2,500, $2,600 a month. I have enough money to pay my bills.

We had that money, but we were told not to use that. So I took a small loan out. On my house, my house would sell for about $600,000. I owe $44,000. I have one credit card that I owe $5,200 on. My income after taxes is a survivor benefit for my husband and a little child. My Social Security, which after taxes is about $2,500, $2,600 a month. I have enough money to pay my bills.

I don't have much left over. I drive an old Lexus that's 22 years old that has 317,000 miles on it, which I love. You know, I don't need new things. I've lived in this house 58 years, so I'm not thinking of selling that at all. So just kind of wanted a little advice. I need to get rid of this credit card.

I don't have much left over. I drive an old Lexus that's 22 years old that has 317,000 miles on it, which I love. You know, I don't need new things. I've lived in this house 58 years, so I'm not thinking of selling that at all. So just kind of wanted a little advice. I need to get rid of this credit card.

I don't have much left over. I drive an old Lexus that's 22 years old that has 317,000 miles on it, which I love. You know, I don't need new things. I've lived in this house 58 years, so I'm not thinking of selling that at all. So just kind of wanted a little advice. I need to get rid of this credit card.

The one that's got $5,000 and some change on it? Yes. Okay. You threw a lot at us very quickly. So I want to make sure I... Oh, I'm sorry. No, you don't. Don't apologize because you know your stuff. And so that's great. I just want to recap and make sure I understand the big picture here. So you're living in this house. You owe $44,000 on it, but it's worth six something dollars?