The Ramsey Show Your Debt Should Make You Uncomfortable
11 snips
Dec 13, 2024 Discover how a college student grapples with debt while juggling investments and savings for his future. Wedding guests' responsibilities take center stage, asking if they should cover their own plates. A listener opens up about her late husband's secret debts, stressing the emotional toll of hidden finances. Transitioning careers is underscored alongside strategies for budgeting and managing emergencies. Tune in for insights on achieving financial independence by embracing low-cost living and effective communication in relationships.
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Cash Flow College
- Cash flow college expenses instead of investing extra money.
- Liquid cash is crucial for unexpected costs and transitions after graduation.
Unqualified Plans
- Explore options beyond unqualified retirement plans with low returns.
- Consider backdoor Roth IRAs and consult a SmartVestor Pro for personalized advice.
Wedding Costs
- Don't charge wedding guests for meals; base your budget on current affordability.
- Let gifts be gifts; avoid treating your wedding as an investment.