Christian (Caller)
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Appearances Over Time
Podcast Appearances
And over the next few months, I don't have $15,000 to throw at it right now.
I just have the emergency fund.
An emergency fund, or just like how much does that say?
Just general cash, liquid cash.
It's just $1,000.
I've been paying off student loans and everything, and that's all gone.
This is now the last problem.
The car is worth, what Kelly Blubick says, about $27,000, and I owe about $43,000 on it.
And it was, like I said, it was worse than that.
I threw about 10 at it over the past couple months, but yeah, that's kind of where I'm at with it.
Do you guys think that it's worth doing that?
Because my income, like I said, is going to be going up to where I think...
What it's looking like, how I calculate it out, it would take me about two to two and a half months to pay off the loan where it's at right now.
But, I mean, I don't think the interest rate is so much an issue.
I mean, it's a really bad interest rate.
It's 8%, but in two months, I don't think that's going to make much sense.
Yeah, that's what I'm thinking, yeah, about two months probably to knock out a $14,000 loan.
Okay.
Yeah, sounds good.
I think that was the way I was leaning, so I'll do that.