Dave Ramsey
👤 Speaker
49634
total appearances
Appearances Over Time
Podcast Appearances
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
What's up?
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
Very hard.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
How much debt have you got?
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
No, just how much debt have you got?
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
Just give me the total.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
How much of that's your car?
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
Okay.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
How much is the car?
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
No, the debt on the car.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
How much debt is on the car?
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
Okay.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
All right.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
Of your 40 or of your, yeah, of your 40.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
So half of it, your car.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
Okay.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
So here's the simple answer, but it's not a simple answer is when you don't have any debt payments, you'll have more room in your budget.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
So before you start worrying about saving for a down payment on a house, let's clear the debt off.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
That may mean selling a car.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
It may mean taking an extra job.
The Ramsey Show
You Can’t Build Wealth While Carrying Other People's Problems
It will mean not eating out.