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Dave explains how your car loan is killing your wealth. | Dave Ramsey
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Over 30 years ago, when we went broke, Sharon’s dad kindly loaned us money to keep a car. He is one of the kindest and most gentle men, and we worked hard to pay the loan back. Not once did he make us feel uncomfortable through his actions or attitude. But even so, I can tell you that sitting at Thanksgiving dinner felt different until we cleared the debt. The shift in the air was undeniable because debt creates a slave/master relationship, and it changes things. When you loan a friend money, th
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We Are Almost $20,000 Upside Down On Our Car!
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What if you had no car payment? No credit card payments? No student loan payments? No past-due medical bills? Would you be able to build wealth and be generous? If you will make the sacrifices now that most people aren’t willing to make, later on you will be able to live as those folks will never be able to live. I can show you how to do it, because I’ve done it. It takes most people working the debt snowball two years to get out of debt. You’ll be two years older either way, so you might as wel
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The average car payment is now $749. Invest that instead from age 30 to 70 and you could have over $8 million. | Dave Ramsey
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