Rachel Cruze
👤 SpeakerAppearances Over Time
Podcast Appearances
Yes.
Yeah, and if you follow the baby steps, if the HELOC is less than half of your mortgage, then we say to put that in baby step two.
So if you're paying off your consumer debt, you can put it there.
But if it's more than half of your – right, so if your mortgage is $300,000 and the HELOC you pulled is like –
you know, $175,000, just go ahead and put that in baby step six.
Pay it off with the mortgage.
But if it's less than half the mortgage, then you can put that in baby step two.
And some people have like a $40,000 HELOC, right?
That's right, yeah.
So depending on your mortgage and what the HELOC is is when you pay it off.
Well, I was going to say, that's it too.
Don't use your house equity to spread out other debt.
Yeah, to substitute it basically.
Not the move.
Oh my gosh, I don't even know what this word is.
You read it.
Shopping at where?
I don't know what Air One is.
What?
Hailey Bieber has her own smoothie?