Downsize: Own Cash-Funded Condo or Rent

Dave recommends Jolene buy a cash condo to stabilize shelter costs and preserve wealth rather than long-term renting.

Play episode from 55:10

chevron_right

Transcript

chevron_right

Transcript

Episode notes

Dave Ramsey and Rachel Cruze answer your questions and discuss:

"How do we pay off $49,000 of business credit card debt when we are "
"My mom expects me to pay back my Parent PLUS loan, although that was not our original agreement"
"How often should someone balance their investments?"
"Can we tithe less if we volunteer more?"
"Should I downsize my home to a condo with an HOA fee?"
"Should we have separate accounts for our fun money?"
"How can we plan to pay for our kids' college?"

Next Steps:

📞 Have a question for the show? Call 888-825-5225 weekdays from 2–5 p.m. ET or⁠ ⁠send us an email⁠.

Connect With Our Sponsors:

Get 10% off your first month of ⁠BetterHelp⁠
Go to ⁠Boost Mobile⁠ to switch today!
Go to⁠ ⁠⁠Casper Sleep⁠ and use promo code RAMSEY to learn more
If you want your car to keep going and going, trust ⁠Christian Brothers Automotive⁠. Find a local shop and get an exclusive Ramsey discount of 10% off
Learn more about⁠ Christian Healthcare Ministries⁠
Get started today with⁠ Churchill Mortgage⁠
Get 20% off when you join ⁠DeleteMe⁠
Go to⁠ FAIRWINDS Credit Union⁠ for an exclusive account bundle!
Debt collectors hassling you? Take back control of your life at ⁠Guardian Litigation Group⁠
Find top health insurance plans at ⁠Health Trust Financial⁠
Use code RAMSEY to save 20% at ⁠Mama Bear Legal Forms⁠
Visit⁠ NetSuite⁠ today to learn more
Get started with ⁠YRefy⁠ or call 844-2-RAMSEY
Visit⁠ Zander Insurance⁠ for your free instant quote today!

Explore more from Ramsey Network:

💸 ⁠The Ramsey Show Highlights⁠

Learn more about your ad choices. Visit megaphone.fm/adchoices

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!