Hunter

The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

Thank you, Mr. Ramsey. Great, great to talk with you. I really appreciate you taking my question.

The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

Hey, so I'm 30 years old. I'm married. I've got three kiddos. And me and my wife right now are a little over $100,000 in debt. On what? On what? $100,000 in debt on what? So we bought a piece of land that's about $60,000 to $65,000 we still owe on that. We have a car payment, which is we have about $25,000 left on that. And then I have student loans, which is about $20,000. Okay.

The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

1378.249

So I make $70,000 to $75,000. Cool.

The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

1385.852

So we still, yeah, we're still paying on the land.

The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

1390.879

No, sir. Uh, no, currently we're living with, uh, my, uh, wife's grandparents and a one bedroom, uh, barn house. And so we're just living there. Uh, we're literally living on about a thousand dollars a month and the rest, we're just stalking away towards debt and trying to get completely out of debt. Um, uh, download this app called, um, yeah, uh, the app, you guys have the easy money apps.

The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

1413.706

I'm literally just trying to, um, completely get out of debt and trying to get out of it fast.

The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

1423.479

EveryDollar app, yes, sir. Okay.

The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

1441.543

Correct, yes, sir.

The Ramsey Show

You Can’t Win With Money if You Keep Ignoring the Real Problem

1445.007

So it's already up in property value. We originally, whenever we bought it, we bought it for $75,000. It's now worth $85,000. Who said? I'm sorry? Who said it's worth $85,000? So we had a property appraiser whenever we closed on the land. How long did you close on it? Oh, I'm sorry, not whenever we closed, but whenever we signed to purchase the land.