Billionaires and Budgeting

This chapter delves into the complex perceptions of billionaires, challenging negative stereotypes through personal stories of their generosity and humility. It also explores a listener's financial landscape, detailing their wedding plans and the significant debt they are managing. The chapter emphasizes the need for effective debt management strategies while balancing aspirations like engagement and marriage.

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📈⁠⁠⁠⁠⁠ ⁠Are you on track with the Baby Steps? Get a Free Personalized Plan⁠⁠⁠⁠⁠⁠

Dave Ramsey and Ken Coleman answer your questions and discuss:

"As a single mom of 2, how do I pay off $130,000 of debt?"
"Should we sell an annuity while in Baby Step 2?"
"Should we use our stocks to throw $150,000 at the mortgage?"
"I'm 70 and don't have a will or a trust. Which is the best option?"
"When should I prioritize starting my own business?"
"We're receiving $50,000 in cash for our wedding. What should we do with the leftover cash after the wedding?"
"What do I do with the inheritance my ex-husband left me?"
"Is rent-to-buy a good way to accelerate home ownership?"
"Should I file for bankruptcy?"
"How can I protect my investments from being used for spousal long-term care?"
"How do I possibly get my wife on the same page when it comes to cutting our expenses?"
"I lied to my husband about our business's finances until it was too late. How can I make this right with him?"
"Should I use my 401(k) to do updates to my home before selling it?"
"I'm 39 and living paycheck-to-paycheck. How do I get out of this?"