Jade Warshaw
๐ค SpeakerAppearances Over Time
Podcast Appearances
And so Christian's going to pick up, we'll get you every dollar.
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.
We're going to see how much margin you have.
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
that you're maybe paying four or 5,000 bucks for.
That's the plan.
And so that's like, I want all forces focused and trained on that mission.
And then once you do that, we can say, okay, now we just have 30,000, 29,000 to clear out here.
And we're gonna start with whatever smallest.
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.
So this is something that you can get out of.
What's gonna really break you free is income.
That is the magical elixir for this entire deal here.
Do you owe more on it than you could sell it for?
So what do you think you could sell it for a private party?
So if it's anything less than 48, that would mean you're upside down.
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.
That'd mean that you're $2,000 to $3,000 upside down on it.
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.
Hopefully you're not upside down.