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Rachel Cruze

👤 Speaker
36334 total appearances

Appearances Over Time

Podcast Appearances

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

I mean, seven times, you know, what you've been making is what you would have earned.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

So did you make a mistake?

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

I'm going to say yes, because I think long term investing, you just stay in.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

Whether it goes down and you get freaked out, just stay on the roller coaster because it's going to go up and down.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

It's what the market does.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

But when you pull your money out.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

If you pulled it all the way out, which I can't tell if quite what you – I don't know exactly how that transfer looks.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

I didn't pull it out where I'm paying taxes on it.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

So it's still under the 401K, but just in the market.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

But what's difficult now is when – because I am going to say yes, put your money back in.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

You're now going to be buying back in at the top where you would have lost all those returns.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

Yeah.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

It's not too late.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

You can still get Becca and Lisa.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

So I didn't mean to harp on you, but I did want to make that kind of a teaching point because what you did was very common.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

People do that a lot.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

But just not to freak out next time because, you know, you guys did lose out on a lot of interest that you could have earned.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

So what I would do is, yes, I would get back in.

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

How old are you guys?

The Ramsey Show
“I’m $147k In Debt And Only Make $1,500 A Month”

I'm 54 and my husband's 59 and 59.

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