Rejecting Debt: The Case for Cash Transactions

This chapter highlights the risks of relying on credit for essential purchases and advocates for using cash instead. The hosts share personal stories that illustrate the benefits of financial freedom and living within one's means, emphasizing a lifestyle free from debt.

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📈 ⁠⁠⁠⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠⁠⁠⁠ 📱 Watch the full episode for free in the Ramsey Network app. Ken Coleman and Rachel Cruze answer your questions and discuss:

"Can I 'divorce' my entitled children?"
"How do I recover from having my credit history wiped?"
"My agent keeps insisting I should keep my four whole life insurance polices."
"I struggle with giving money, does that make me a bad person?"
"My husband wants to sell our house and rent in order to pay off debt, but I don't want to do that."
"I'm worried I'm not going to be able to provide for my soon-to-be wife and child"
"How do I help my in-laws while we are working the Baby Steps? They currently don't have any retirement savings."

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