Dave Ramsey
👤 Speaker
61894
total appearances
Appearances Over Time
Podcast Appearances
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
And how much is the HELOC?
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
So there's about $50,000 left on it.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
And that's the only debt, or is there a mortgage as well?
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
That is the only debt.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
And the only money is they have $100,000?
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
That's correct.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
And what's their income?
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
Tight, very tight.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
Yeah, I agree.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
I would not use the $100,000 and only have $50,000 at 80 years old to pay off a $50,000 loan.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
But I really am scared.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
That loan is very destabilizing for the situation.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
So I do want to come up with some thoughts on how to get rid of it anyway.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
But no, I would not use 50% of...
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
The little bit that they have to clear this little bitty loan.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
Not really of any significance, no.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
There's not a lake lot?