Smart Money Moves
A caller shares their journey of paying off credit card debt and saving money, but questions their current strategy with a CD. Ken suggests cashing out the CD to eliminate the remaining credit card debt and emphasizes the importance of building an emergency fund. Both agree that the returns on CDs are often disappointing, urging a shift towards more effective financial practices.In this clip
From this podcast
The Ramsey Show
Don't Make Decisions Today That Your Future Self Hate!
Related Questions
What is the best way to pay off credit card debt as discussed in the episode How to Spend Your Money (EP.162) and the clip Managing Debt Wisely?
What is the best way to pay off credit card debt as discussed in the episode Money Matters | Don’t Make These Common Mistakes - 1108 and the clip Debt Management Strategies?