George Kamel
๐ค SpeakerAppearances Over Time
Podcast Appearances
Because guess what's going to happen when you can't pony up 37 grand out of nowhere to pay the balance?
Goodness gracious.
These are the nicest cars known to man.
What are you guys driving?
$600 a month for a lease?
When's the lease up?
You guys have out-earned your stupidity for a long time, and you can continue doing that.
I just think you vehemently disagree with everything we're going to throw at you, so I don't even want to waste the time.
But I'll tell you what I would do.
I would sell the short-term rental, walk away with whatever money you can get, take your 160, pay off all of your consumer debt, and then anything remaining becomes emergency fund plus paying down the mortgage.
But leveraging the debt game, paying down everything, pay down all of the consumer debt first, get an emergency fund, focus on paying off your primary mortgage.
Right now, you're just trying to accumulate stuff and assets and car leases, and we're trying to simplify your life to where you get to keep what you take home, regardless of how much you pay in taxes.
I'd rather you pay what you owe in taxes and not have all the stress in your life and go, that sucks.
I had to pay the IRS more than I thought.
But it's a nothing burger if you had no debt.
For each.
Would you guys want to keep those cars?
Okay, a million, okay.
So you'll probably take a little loss on that, but you'll gain three grand back in your life from not bleeding.
And so that's where I'm going, this is worth it.