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Dr. John Deloney

👤 Speaker
14411 total appearances

Appearances Over Time

Podcast Appearances

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

So the first of every month you open your eyes and you're already $3,200 down.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

So the first of every month you open your eyes and you're already $3,200 down.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

I don't know how that works. Just my insides want out.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

I don't know how that works. Just my insides want out.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

I don't know how that works. Just my insides want out.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

You bring home $10,000 after tax. No, that's before taxes.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

You bring home $10,000 after tax. No, that's before taxes.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

You bring home $10,000 after tax. No, that's before taxes.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Or here's the other side of that. If you take that $1,200 a month payment, you take that $1,300 extra, and you go through your budget with a magnifying glass, and you stop going out for a season, and let's say you can scrounge up $3,000 that includes this $1,200. You can pay this thing off.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Or here's the other side of that. If you take that $1,200 a month payment, you take that $1,300 extra, and you go through your budget with a magnifying glass, and you stop going out for a season, and let's say you can scrounge up $3,000 that includes this $1,200. You can pay this thing off.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Or here's the other side of that. If you take that $1,200 a month payment, you take that $1,300 extra, and you go through your budget with a magnifying glass, and you stop going out for a season, and let's say you can scrounge up $3,000 that includes this $1,200. You can pay this thing off.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Good. Good, good, good.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Good. Good, good, good.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Good. Good, good, good.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

So, a principle that we live by here is things with wheels should not cost more than 50% of your income. And so you're right there on the bubble here. So if you want to just suck it up for 20 months and throw $3,000 a month at this, you could.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

So, a principle that we live by here is things with wheels should not cost more than 50% of your income. And so you're right there on the bubble here. So if you want to just suck it up for 20 months and throw $3,000 a month at this, you could.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

So, a principle that we live by here is things with wheels should not cost more than 50% of your income. And so you're right there on the bubble here. So if you want to just suck it up for 20 months and throw $3,000 a month at this, you could.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Or like Ken said, you're going to suck it up for 10 months, throw $3,000 a month, get that 30 down to where it's just bottoming out, and then you try to sell it on the market.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Or like Ken said, you're going to suck it up for 10 months, throw $3,000 a month, get that 30 down to where it's just bottoming out, and then you try to sell it on the market.

The Ramsey Show
You Can Still Escape the Debt Spiral Before It’s Too Late

Or like Ken said, you're going to suck it up for 10 months, throw $3,000 a month, get that 30 down to where it's just bottoming out, and then you try to sell it on the market.