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re: How many of you follow Dave Ramsey's advice for everything?

Posted on 1/9/23 at 10:09 am to
Posted by Upperdecker
St. George, LA
Member since Nov 2014
30679 posts
Posted on 1/9/23 at 10:09 am to
quote:

6.84%.

Bruh. I’d try to pay that off in the next year. Considering you have the money and just don’t want to move it, stop buying stock outside of your retirement accounts and pay that thing off. A year won’t kill you, but 5 years with that would be a ton. 7 years would be like paying for two
Posted by ConfusedHawgInMO
Member since Apr 2014
3515 posts
Posted on 1/10/23 at 7:58 am to
quote:

but 5 years with that would be a ton. 7 years would be like paying for two



If he's borrowing 18k on a used truck at 6.84 the interest will be less than $2k over 3 years or around $55/month. Doubt that's gonna kill him.
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