Dave Ramsey
๐ค SpeakerAppearances Over Time
Podcast Appearances
So why not destroy the cheapest thing possible as a part of doing business?
Agreed?
So fix the head gasket and the transmission drivers thing.
I think Travis just wants a new truck.
Can we admit that?
You're going to pay it off in six months.
It's an irrelevant interest rate.
And let's get this thing paid off.
Get it paid off.
And then I want you to save up and pay cash for whatever you move into.
Fix this one and drive it and get it paid off and then save up and pay cash for whatever you move up to and move up to the minimal truck that has reasonable comfort and reasonable reliability.
Because whatever you drive, you are destroying its value.
You have driven this thing into the dirt.
And you're going to have to drive it all the way into the dirt now because you trapped yourself.
You got screwed because you got impulsive and bought a truck at 16% and they screwed you.
Do not take on debt again for a truck that you're going to destroy.
Don't do it.
So yeah, I'd clean this mess up and then I'd save up and move up from there.
And that probably means you're almost a year from buying a better truck.
And because you got to get this one paid off and then you got to save up for the next one.