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Ken Coleman

đŸ‘€ Speaker
See mentions of this person in podcasts
23998 total appearances

Appearances Over Time

Podcast Appearances

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

I have, yeah.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

All right, then.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

So what are we stressing out about?

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

Now, we know this is extreme, but let's play the numbers out so you can catch a little vision here, because Jay just played out how you can knock off a lot of debt.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

So if you fix these car leases and you get out of these, and then you knock out your wife's student loan, now you've got a $500,000 chunk.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

How much money, if you're on a tight budget, could you put towards debt that student loan every month based on the $34,000?

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

Great.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

So let's keep it at 15 for round numbers, right?

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

So you just do the math.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

$15,000 a month over the course of how many months knocks out the $500,000.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

I think it's really important that you have that in your head so that you go, okay, I've got to do this.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

It's not for 10 years.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

It's for whatever that's going to end up being.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

I don't know.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

I'm not that good at math.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

All right, 15 times 10 months, obviously, is $150,000.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

So we're looking at three plus years at the $15,000.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

That's just at that.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

But that's to say, you gave us an average month.

The Ramsey Show
You Don’t Get Out of Debt by Accident—Choose Your Hard

So, you know, how does a plastic surgeon go make more money?