Pay your highest interest debt first regardless of the type. Make sure you are paying off some of your debts. A house will need a new roof eventually, new ac, new furnace, new water heater, new other appliances, plumbing repairs... This is about 300 a month. Taxes are usually 300-500 a month. Debt is there to keep you working.
I love how most personal finance journeys have started with Dave Ramsey lol. While he helped me pay off some of my debts as well. It’s not sustainable long-term and working 6 to 7 days a week and juggling three jobs was a bit much (especially if a family is something you want in your future.) It doesn’t truly matter where you started just as long as you’re starting when it comes to taking control of your finances. I’m definitely following along and can’t wait to see what you uncover.
I agree. I think Dave Ramsey is a great starting place because his program helps you work on your mindset to get rid of debt which most Americans have. I like different people for different stages. Right now I am all into Ramit Sethi because I am trying to be consistent with my saving, investing and spending instead of just saving.
Pay your highest interest debt first regardless of the type. Make sure you are paying off some of your debts. A house will need a new roof eventually, new ac, new furnace, new water heater, new other appliances, plumbing repairs... This is about 300 a month. Taxes are usually 300-500 a month. Debt is there to keep you working.
Thank you for being transparent ❤
I love how most personal finance journeys have started with Dave Ramsey lol. While he helped me pay off some of my debts as well. It’s not sustainable long-term and working 6 to 7 days a week and juggling three jobs was a bit much (especially if a family is something you want in your future.)
It doesn’t truly matter where you started just as long as you’re starting when it comes to taking control of your finances. I’m definitely following along and can’t wait to see what you uncover.
I agree. I think Dave Ramsey is a great starting place because his program helps you work on your mindset to get rid of debt which most Americans have. I like different people for different stages. Right now I am all into Ramit Sethi because I am trying to be consistent with my saving, investing and spending instead of just saving.
Hey there, I just love your story.
Deal only with cash. No credit. Do cash envelopes.