Jade Warshaw

We have been following the Dave Ramsey plan, my husband and I, for about a year now.

We have baby steps number one and partial of number three laid out.

We were about $40,000 in debt, not including our remainder of our $200,000 mortgage.

And so we're probably sitting at around $21,000 in credit card debt.

That's mostly been occurred from myself covering...

weddings, baby showers, and other things like that.

I have about $400,000 sitting in my 401k.

And I wanted some advice on whether it makes sense to pull out a loan out of there to pay back myself versus paying these high interest

I think the credit card, it has like a 28% interest fee on it, just to get that out of the way to plug away at the remaining, you know, getting out of debt.

So we're down to one vehicle now and we have about $6,000 in there.

The tricky part of this conversation is my husband doesn't agree with credit cards at all.

And we have two children where I've kind of supported again, helping support weddings and baby showers across the past two years.

And I've successfully paid off 20,000 of it alone.

And I probably could be out of debt with the other 20,000 by October of this year.

We, we,

We roughly make about $230 a year combined, but he's not willing to contribute to the debt because he didn't create that portion.

For the situation we're in now of, you know, it's an easy way.

for something that you don't think you did to pay something up front and then not worry about how to pay for it later.

Yes.

Well, ultimately here that we're going to scale back even further than where we are and that I, you know, whether I find an additional job or whatever, whatever I do and I turn all credit cards over to him, which I have.