Take Debt Off The Table For Good
7/8/20262 hr 7 min
❓ Have a money question? Ask Ramsey is here to help.
Dave Ramsey and George Kamel answer your questions and discuss:
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- “Is it okay to drain 68% of our Roth 403(b) to pay off our house?”
- “How can we rent a home without a credit score?”
- “Should I use my 401(k) to pay off my student loans?”
- “Should I invest in cruise line single stocks to save money while onboard?”
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Clips
Transcript preview
First 90 secondsDave Ramsey· Host0:02
[upbeat music] Brought to you by the EveryDollar app. Start budgeting for free today. [upbeat music] Normal is broke and common sense is weird. So we're here to help you transform your life. From the Ramsey Network in the Fairwinds Credit Union Studio, this is The Ramsey Show. I'm Dave Ramsey, your host. George Kamel, Ramsey Personality, number one bestselling author, co-host of the Smart Money Happy Hour on the Ramsey Network. He's my co-host today. The phone number here is triple 8-825-5225. Maddie is in Sacramento. Hi, Maddie. How are you?
Maddie0:44
Hi, I'm good. Thank you for taking my call.
Dave Ramsey· Host0:47
Sure. What's up?
Maddie0:48
Um, okay. I am 23 years old, and I have over half a million in a 529 that was funded from Social Security money given to me after the death of my dad when I was a child until age 18. Um, my mom ended up paying for all of my tuition because she had the means, which is why all that money is sitting. I also have 50K in the S&P 500, and I max out my Roth, which is funded from that 529. My financial advisor, um, he told me not to get- not to open a 401[k]. He is into credit cards and points