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George Kamel

πŸ‘€ Speaker
See mentions of this person in podcasts
63410 total appearances

Appearances Over Time

Podcast Appearances

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

Yeah, that would be my next goal for you guys is every dollar is focused on that down payment fund and we're just putting in a high yield savings account for the next, let's say two years.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

How much money could you guys sock away in two years doing this?

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

So 15 grand a year, a little over a thousand bucks a month is what you guys could do right now?

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

Yeah, I mean, that's the plan.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

And if it takes another year or two after that to get the down payment, once her income's up, then I would do that.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

Because you're probably going to need at least 50, 60, 70 down on a $230,000 home in order to keep it at that 25% of take-home pay.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

So that's the math equation you're trying to solve for here.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

And so the baby steps still apply.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

The math is the math.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

I would have a will in place.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

I'm assuming you don't have term life insurance at the time of the diagnosis.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

I don't.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

Okay.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

I doubt it with the diagnosis.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

They're going to look up every single medical record you've ever had, regardless.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

There would be no medical record.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

You'd have to lie.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

You can still contact them and see what your options are.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

There might be like a guaranteed issue policy.

The Ramsey Show
Stop Looking for Shortcuts and Make Progress with Your Money

It's expensive.