Balancing Debt and College
A listener shares their financial struggles while juggling debt and college expenses for their children. With $30,000 in debt and a $225,000 income, they explore the challenge of prioritizing debt repayment alongside saving for college. The conversation highlights the importance of focusing on one financial goal at a time, suggesting that eliminating distractions could lead to quicker debt freedom and better financial stability.In this clip
From this podcast
The Ramsey Show
You Can't Outrun Your Debt | December 15, 2023
Related Questions
What is Dave Ramsey's advice for getting out of debt in the episode What Are You Doing To Reach Your Goals? and the clip Debt and Education Choices
How can young individuals balance their financial responsibilities while enjoying their younger years, as discussed in the episode I Was Wrong(?) - College or Not College? and the clip Student Loan Debt Realities, as well as in the episode Office Hours: Why Cars are the Next Battleground for Attention, Advice to a Young Real Estate Investor, and Balancing Fun with Frugality in Your 20s, and the clip Balancing Life and Savings?