#debt-elimination

[ follow ]
Real estate
from24/7 Wall St.
1 day ago

Dave Ramsey Tells Caller to Skip SpaceX IPO and $3,000 Honeymoon to Fix Baby Step Failures

Prioritize emergency savings and high-interest debt repayment to convert high income into long-term wealth rather than temporary high earnings.
#retirement-planning
Retirement
from24/7 Wall St.
2 weeks ago

The Single Best Piece of Dave Ramsey Advice I Think About Almost Every Day

Live on less than you make, eliminate consumer debt, invest at least 15% for retirement, and prioritize paying off your mortgage promptly.
from24/7 Wall St.
2 months ago

Are You Making Dave Ramsey's Biggest Retirement Mistake? 3 Questions to Ask Before You Quit Working.

The core mistake is retiring without true readiness. Retiring with debt is the biggest issue that Ramsey encounters . "You can't have a $750 F-150 payment," he said. "You can't have a student loan that's been around so long you think it's a pet." If you want to retire, get rid of that debt, and it will be much smoother. Otherwise, that debt can dent your income significantly, especially if you let it compound or if that debt carries a floating rate.
Retirement
[ Load more ]