Samuel Gutierrez+FollowHow Lifestyle Creep Eats Your PaycheckEver feel like your bank account should look better, but somehow you’re always broke? This couple in their 20s looked like they had it all—fancy degrees, good jobs, nice digs—but were secretly drowning in nearly $1 million of debt. Dave Ramsey gave them a reality check: no more takeout, no new gadgets, just beans, rice, and hustle. The real culprit? Lifestyle creep—spending more just because you earn more. Time to check if your spending matches your income, not your dreams! #Business #MoneyTalks #DebtFreeJourney00Share
davenportmeghan+FollowWhy paying off your HELOC beats refinancingEven with a paid-off home and solid income, Josh and his wife in Seattle found themselves stuck after borrowing $105K on a HELOC for home renovations. Despite no mortgage and a healthy paycheck, they’re only making interest payments and feeling frustrated by the lack of progress. The Ramsey Show hosts didn’t mince words: instead of rolling the HELOC into a new mortgage, they urged the couple to cut spending and aggressively pay down the debt. Their advice? Pause extras like vacations and retirement savings until the HELOC is gone. Would you hit pause on your lifestyle to get debt-free faster? #RealEstate #DebtFreeJourney #HELOC00Share
