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Ken Coleman

đŸ‘€ Speaker
See mentions of this person in podcasts
23472 total appearances

Appearances Over Time

Podcast Appearances

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

Yeah, but hold on.

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

Let's just get real here.

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

What's your take home?

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

As a plastic surgeon, what's your average take home in a month?

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

You've got gobs of money.

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

You can fix this so fast, it's not even funny.

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

Jay's going to walk you through it, but I don't think he needs to stack up.

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

Mm-hmm, mm-hmm, mm-hmm.

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

Are you familiar with our baby steps?

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

Yes, 100%.

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

Yeah, so that means you have 1,000... The same baby step number two.

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

Yeah, but if you were to follow the baby steps the way we teach, you are emptying that savings account.

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

I have both, yeah.

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

So the point is, if something happens to you and you can no longer be a plastic surgeon, have you put in place policies that would take care of you and your family?

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?