River
Appearances
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
Hey, what's going on, guys? So, yeah, I kind of have a mess. I'm 20. My fiance is 23. Together we have roughly $151,000 in debt That's between student loans and an $18,000 auto loan. That's it?
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
Yes. Okay. That's it. My student loans, I have, I think it's like $33,000, and the rest is her. I think she has like $150,000. 20-some thousand, but yeah, it's confusing. It's all through Sally Mae.
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
So she's a multimedia journalist. She's a news reporter at a news station in West Virginia.
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
So together, so we aren't joint accounts yet. So right now, my situation, I'm bringing in roughly $2,400 a month Um, she's around the same.
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
So I work at a credit union and, um, yeah.
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
You know, I'm not really sure. I'm still in school. I'm a junior in college right now getting my bachelor in business administration. I'm paying this semester out of pocket trying to cut the loans out.
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
Yeah, and I did just get a promotion, too. So I'll be making $21 an hour starting in the middle of February.
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
Yeah, mine's $33,000 student loan, $18,000 truck.
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
Yeah, she's making roughly like $31,000. Okay.
The Ramsey Show
If You Want to Build Wealth, Stop Acting Like Everyone Else
It absolutely is. And here's a question. So the loans, her loans are broken down to like four or five different loans and they're $22,000, $20,000. They're attached with a 12% interest rate. I was thinking, you know, it's probably best to, you know, refinance these loans, get it consolidated. Yeah. you know, kind of go that route?