Dave Ramsey
👤 Speaker
60561
total appearances
Appearances Over Time
Podcast Appearances
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
Okay, good.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
I appreciate it.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
Yeah, when you answer questions people didn't ask, then sometimes, you know, it's not helping.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
Okay, so you're helping them.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
They're 79 years old.
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
What's the home worth?
The Ramsey Show
Stop Avoiding The Hard Truth About Your Finances
Probably about $250,000.
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.