So I’ve considered myself being above average when it comes to debt decisions, but my wife threw me a curveball. I need a fact checker without running a bunch of numbers. Long story short, out of the debt that we carry everything is 0% other than our land note, and a truck note. The land note obviously has a much larger balance at 4%, and the truck note is 1.9%. My wife claims that Dave Ramsey says I should pay off the truck note first without paying any additional to the land note, then knock out the land note once the truck note is gone. I’ve been nearly doubling up on the land note and paying the minimum on the truck note.
I’ve never been a Dave Ramsey fan, I think anyone that believes in zero debt is a little over the top. I’m sure he is helpful for lots of people, but i can’t get on board with this logic.
Who’s right????
I’ve never been a Dave Ramsey fan, I think anyone that believes in zero debt is a little over the top. I’m sure he is helpful for lots of people, but i can’t get on board with this logic.
Who’s right????
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