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Jade Warshaw

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
30555 total appearances

Appearances Over Time

Podcast Appearances

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

And so Christian's going to pick up, we'll get you every dollar.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

And that's going to help you see with the $3,000 that you're currently making, to John's point, you're going to start making more, but today you make 3,000.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

We're going to see how much margin you have.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

And we're going to set a plan for how quickly can you save up a little bit of cash so that you can get out of this $48,000 car and into a cash car

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

that you're maybe paying four or 5,000 bucks for.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

That's the plan.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

And so that's like, I want all forces focused and trained on that mission.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

And then once you do that, we can say, okay, now we just have 30,000, 29,000 to clear out here.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

And we're gonna start with whatever smallest.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

If the student loans are broken up to pieces, we'll start with throwing any extra money on that smallest student loan and do it like that.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

So this is something that you can get out of.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

What's gonna really break you free is income.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

That is the magical elixir for this entire deal here.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

Do you owe more on it than you could sell it for?

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

So what do you think you could sell it for a private party?

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

So if it's anything less than 48, that would mean you're upside down.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

So let's say you owe 48, but when you look it up on Kelly Blue Book, it says, I don't know, 46 or 45.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

That'd mean that you're $2,000 to $3,000 upside down on it.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

And if you are upside down, what you would do is you would just go over to the bank or credit union, wherever you can get somebody to loan you the three thousand or whatever it is.

The Ramsey Show
I Have $1,400 To My Name and I'm Considering Bankruptcy

Hopefully you're not upside down.