Dave Ramsey
👤 SpeakerVoice Profile Active
This person's voice can be automatically recognized across podcast episodes using AI voice matching.
Appearances Over Time
Podcast Appearances
Okay.
Okay, so we're dealing with $85,000 income with $100,000 in debt, and so $20,000 a year does that in five years, right?
Yes, correct.
That should be doable.
A single guy who can't do anything but work all the time?
You haven't got time to spend the money.
No, hold off on that.
No retirement until you get student loan cleared.
Okay.
Put 100% of any free money you can get your hands on on the $100,000.
If you can get done in three years, that'd be great.
That's $33,000 a year.
You probably could do that.
If you could get done in two years, that'd be 50 a year, and you lived on beans and rice and lived like a college student.
Right.
Hmm.
That's a thought.
Yeah.
The more intense you are, the deeper you sacrifice, the faster you get out.
That's how the math works.