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Ken Coleman

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
23472 total appearances

Appearances Over Time

Podcast Appearances

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

But you guys are in a pretty rare situation when we get calls where people actually have some equity.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

And at this stage of the game, I wonder if it's not worth both of you selling your cars and buying two $5,000 cars.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

If that's the equity situation, if you can pay it off, if they're both worth that, that'd be something I would look at because that's going to free up some monthly money.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

And that gives you that urgency to go, okay, I want to get out of this quickly.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

So, you know, if you've got equity in the cars โ€“ and I would double, triple check all that โ€“ and you can get out of there and walk away with some cash and pay cash for two cars โ€“

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

That's a, listen, that propels you.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

And Jade, you can speak to this.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

That propels you into the intensity that I think you need to have to kind of go, oh, I don't love the fact that we just got rid of a car.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

And I know it's an extreme situation.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

All right, let's go to Providence, Rhode Island next.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

Mary joins us there.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

Mary, how can we help?

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

Yeah.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

Okay.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

Well, let's take a deep breath.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

Because I would have all those same concerns that you have, legit concerns.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

But we have to parcel out the concerns versus the facts and see what the risk is.

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

This is all about mitigating risk, right?

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

What are your neighbors saying?

The Ramsey Show
Dwelling On Past Mistakes Won't Benefit Your Future Growth

Is anybody else as informed as you are?