Help Debts

Posts Tagged ‘dave ramsey’

This video discusses how I am going to eliminate my current credit card debt.

How you handle your personal finances can have a major impact on your children and their children. You can change the world just by handling your money properly

Current Situation.
Savings of 100,000.00.
Liability: Mortgage 242.000.00 at 5.25% fix1380.00 monthly
HELOC: 59.000.00 at 2.29% adj 115.00 monthly
House worth: 400.000.00
No other debt….
Annual Income 72,000. if no change in income, I can save up to 2000.00 a month.
I want to be debt free….like DAVE RAMSEY
What should I do? I am 47 yrs old with wife and 3 kids.
I seek financial freedom. All my life, I have been a budget shopper and always tighting up the belt……
Please help! Your fianancial advices and safe/simple investment suggestions will be greatly appreciated.

Suze Orman speaks on debt consolidation, credit repair, and debt settlement. Check out more personal finance videos and Walk Throughs about Term Life Insurance, Whole Life Insurance, Debt, Investing, and Financial Planning with Suze Orman, Dave Ramsey, and Greg Olney here at www.youtube.com Suze Orman, Dave Ramsey, Debt Elimination, Credit Monitoring, Credit Repair, Debt Settlement, Money Management, Financial Planning www.lifeinsuranceira401kinvestments.com

I am in financial trouble because of student loans, credit cards, etc. and a job loss 4 years ago didn’t help. Thank God I’ve had a new job for 3 years, but I was out of work for a year and it really got me behind. I heard about Dave Ramsey and I was wondering: have any of you read his book, "Total Money Makeover" and if so, have you followed his advice, and has it helped you?

Another question – can you follow his advice even if you are in the middle of a bankruptcy. I have no choice I’m too behind and have too much cc debt, student loans, etc, just dumb stuff I got myself into in college. You know, fill out the cc app and get a free t-shirt!

I am now on step #2 of Dave Ramsey’s book The Total Money Makeover, and I’m not sure where to start. My wife and I had recently paid off our credit card debt which was up over ,000 and now we are trying to become debt free completely. We paid this off before we started this program, and now the debt that we have left is a Student loan with 6,998.99 owed with a min. of 72 dollars a month. Medical bills with 6,569.30 owed with a min. of 100 a month. Lastly a ridiculous auto loan with 15,569.20 owed at a min. of 353.30 a month. My concerns are that with starting with the smallest debt which is the medical loan is that It doesn’t look like the medical bills will ever stop piling up so how will I pay that off. We already have a scheduled surgery for my daughter coming up which is going to add to that, and my wife is dealing with a kidney disease that is going to keep adding up the bills also. We had also discussed selling the car to try and lower that debt, but we owe about double than the car is worth so that scenario really isn’t going to work. Does anyone have any suggestions for what to do. We are a family of four that barely brings home 40,000 a year. I really want to be able to get to the next steps in the book,but at this current stage I don’t see how It can happen in the next couple of years. Thank you so much!

A revolution is a sudden and fundamental change or turnaround in a short period of time. Now more than ever, its time to make a change in the way you handle your personal finances. Last year, over 100000 people attended Total Money Makeover LIVE and started their own revolution toward financial peace. What will your sign say? Join the revolution today. Go to daveramsey.com and click See Dave Live!