Transcript
Dave Ramsey (0:05)
Brought to you by the EveryDollar app. Start budgeting for free today.
Rachel Cruze (0:14)
Normal is broke and common sense is weird. So we're here to help you transform your life. From the Ramsey Network in the Fairwinds Credit Union studio. This is the Ramsey show, and I am Rachel Cruz hosting this hour with Dr. John Deloney. And we'll be taking your calls and the lines are open, so give us a call at 808-825-5225. All right, first up we're going to Little Rock, Arkansas, and we have Dylan on the line. Hi, Dylan.
Caller (0:44)
Hi, how are you?
Rachel Cruze (0:45)
Hi. We're doing great. How can we help?
Caller (0:49)
Well, I'm being kind of in a situation and I'm trying to figure out how to dig myself out of a hole.
Rachel Cruze (0:55)
All right, so what's going on?
Caller (0:58)
So I'm 28, you know, I'm married, got two kids, a five year old and a three year old. About three years ago, we were kind of in a situation. We were renting a house. It was just disgusting. It was mold infested. Our second was on the way and we decided to buy a house. And it was not really a great time to buy, but we didn't really have an option. I don't feel like we really bought out of our means. It's just been a lot of things happening, leading into it.
Rachel Cruze (1:33)
Okay.
Caller (1:34)
And then attacking stuff on top of it. Bought the house for about 149,000. We were doing good. My son got really sick, started, you know, developing seizures. We fought that for several weeks. Destroyed the nest egg that I had put back for us. Missing work, trying to stay caught up on bills. We ended up falling behind on the mortgage and I had to refinance it for a higher interest rate and a longer term. And every year the payments just steadily gone up and up and up. We've got some vehicle payments and some other loans and stuff like that that are just kind of tacked on top of it. And we're not necessarily like extremely behind. I'm running about a month behind right now, but I can't seem to get
Rachel Cruze (2:24)
caught up to get ahead. Yeah, yeah. You sound tired. And the situation which you laid out to us, it's a lot. There's. You have a lot that you guys are juggling. Okay, so how much are you making per year?
Caller (2:39)
