Yesterday’s Choices Don’t Define You — Change Starts Today
The Ramsey Show
Using Home Equity & Avoiding Bankruptcy
Michael explores cash-out refinance on a cabin to speed primary mortgage payoff; Toby, homeless and in debt, is urged to get stable work, mentors, and avoid bankruptcy as a fix.
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Dave Ramsey and Jade Warshaw answer your questions and discuss:
- "Should I leave my boyfriend who keeps postponing our wedding?"
- "Should we take equity out of our cabin to pay off our primary home?"
- "I'm homeless and in debt, should I file for bankruptcy?"
- "I'm 56, is it too late for me to start investing?"
- "Why not pay off debt while investing?"
- "How much is too much to spend on a wedding?"
- "I'm 72 with only $40,000 saved. What should I do?"
- "How do we balance paying off debt and saving for an upcoming medical expense?"
- "We're getting a settlement from an accident that killed my sister. How do I use this cash well?"
- "How do I help my mom without taking on debt?"
- "I'm paying $2,800 a month in car payments. Should I have one of the cars voluntarily repossessed?"
- "Should I pay off all my debt or buy rental properties before going into retirement?"
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