Pay off Debt Or Buy Home?



Check out The Rachel Cruze YouTube Channel for life and money tips! http://www.youtube.com/user/RachelCruze?sub_confirmation=1 ________________________________________________________________ Jennifer wants to know whether she needs to pay off more debt or purchase a home. Find A Financial Peace class near you! http://www.daveramsey.com/fpu/classfinder?ectid=70.11.1209 Check out Chris Hogan’s book “Retire Inspired” http://www.daveramsey.com/store/books/retire-inspired-by-chris-hogan/prodD078.html?ectid=70.11.1208 Do you want to take control of your money? Get “The Total Money Makeover” book here. http://www.daveramsey.com/store/books/dave-s-bestsellers/the-total-money-makeover/prodtmmoclassic.html?ectid=70.11.1207 Download the FREE EveryDollar App and start telling your money where to go. http://www.daveramsey.com/everydollar?ectid=70.11.1206 Do you need help with your taxes? Find an Endorsed Local Provider near you! https://www.daveramsey.com/elp/tax-services?ectid=70.11.1205 Need help selling or buying a home? Click the link to find an Endorsed Local Provider in your area. https://www.daveramsey.com/elp/residential-real-estate?ectid=70.11.1204 Do you have questions about investing? Let one of our Endorsed Local Providers help. https://www.daveramsey.com/elp/investing?ectid=70.11.1203 IN THIS VIDEO: Dave Ramsey, The Dave Ramsey Show, Financial Peace University, FPU, The Total Money Makeover, budget, envelope system, emergency fund, baby steps, radio show, debt freedom, EntreLeadership, mortgage, ELP, daveramsey.com, money, finance, economy, investing, saving, retirement, cash, mutual fund, stock market, business, leadership, credit, drtlgi

Comments

  1. Why would you save 50K and not pay your debt??? That makes no sense....
  2. Why move out of the in-laws and get caught up in an apartment? Pay off all the debt, stay another 8 months and put the down payment for the house.( Even if you have to give the in-laws rent) And thennnn, when you are sitting comfortably; give back to the in-laws and others.....I say this because I am going through the same thing, but at the end of the day I would rather give my parents the money for rent rather than a company or random individual.
  3. 2 years and only 50k saved without having to pay rent gotta be kidding me
  4. Why doesn't Dave Ramsey have any of his apps available for Android and only for iOS? is he still living in 2008? It just does not make any sense. Even his online marketing too only has a iOS app. That's why I went with YNAB 4 instead because of their support. I just think it is weird that he doesn't have an app for Android since it is not like his organization cant afford to design one.
  5. this is called "common sense" which people don't have anymore... they actually have to be told this stuff.... smh
  6. That's a lot of credit car debt. I agree
  7. You'd be surprised (maybe) how often I hear of married couples living with in laws.  I don't get it.  Rationalization for this or that isn't always a good thing. 
  8. I really don't understand why ppl even consider buying a house with so much debt still in the air..
  9. They should have started paying off the debt before saving the 50k.  They would have paid off more and saved in interest.  
  10. Standing on principle. I like it. 
  11. I'm sure that was a tough one to swallow for them but you gotta set it straight like you always do. Thanks.


Additional Information:

Visibility: 27814

Duration: 4m 22s

Rating: 197