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Tyrone

Appearances

The Ramsey Show

Stuck in a Financial Pit? Here’s How to Climb Out and Stay Out

3143.266

Learn more at ramseysolutions.com slash smartvestor.

The Ramsey Show

Stuck in a Financial Pit? Here’s How to Climb Out and Stay Out

4126.4

Hi, I'm starting to work the, well, I'm working Baby Step 2 and I have been using a credit card for all of my like day-to-day purchases and I pay that credit card off every month, but I'm looking to stop using it and I'm just a little hesitant to like start carrying a balance so that I have like the money to just use the debit card for other things and then like have to carry that as I pay that one off too instead of just like

The Ramsey Show

Stuck in a Financial Pit? Here’s How to Climb Out and Stay Out

4154.574

paying it off. And so I'm not sure, like, is it something where I should like wait a month or two and save up the extra money? Or should I just go and carry the balance and pay it off as quickly as possible?

The Ramsey Show

Stuck in a Financial Pit? Here’s How to Climb Out and Stay Out

4246.827

Um... It just like it's a little hard to plan, like when you're the bill is finished on the 20th of the month, but you don't pay for it until the 15th of the next. And so it seems a lot more simple to manage the other way.