No One Makes Good Decisions out of Fear or Desperation
The Ramsey Show
Don't Pull Retirement to Pay Off a Car
Dave and John strongly advise Preston not to withdraw 401(k) funds due to taxes and penalties; create a budget instead.
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Dave Ramsey and Dr. John Delony answer your questions and discuss:
- “How can I protect myself from my husband’s gambling problem?”
- “I signed up for a student loan assistance program but I feel like I am being extorted rather than helped”
- “I am closing on a house I can’t afford and I’m pregnant. What should I do to get through this season?”
- “Should we sell a car we were gifted?”
- “Should I get a 529 plan for my children?”
- “My elderly mother has developed a gambling addiction, I feel guilty for not wanting to fund her addiction”
- “We are about to lose 80% of our income. Should we pay down our debt or save?”
- “Should I pull money from retirement to pay off my car?”
- “Is it too late for me to prepare for retirement?”
- “Should I let my son enjoy the fruits of his hard work?”
- “Should we pay off our house after we sell our rental?”
- “I received a personal injury settlement of $420,000. How should I manage this large lump sum?”
- “Am I risking my almost $1M net worth by carrying $1.4M in debt?”
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Explore more from Ramsey Network:
💸 The Ramsey Show Highlights
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🍸 Smart Money Happy Hour
💡 The Rachel Cruze Show
💰 George Kamel
🪑 Front Row Seat with Ken Coleman
📈 EntreLeadership
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