A video on Twitter is becoming very viral these days. In this, a woman is heard seeking help from financial advisor Dave Ramsey on a radio show. This 29-year-old woman and her husband have a debt of about 1 million dollars i.e. 8 crore rupees. Both are not able to pay it. The debt is increasing and now the situation is getting worse. Woman asks Ramsey how can we get out of huge debt “without filing bankruptcy”?
Ramsey asked the woman, what did you do with so much money. On this, the woman told that she had bought the house for herself for $210,000. $335,000 is the education loan that both of us took and could not repay. The rest is the credit card bill, which keeps on increasing. When Ramsey asked how old are you? As soon as the woman was told that she was 29 years old, he bowed his head and heaved a big sigh. He said – then what is there in this world. He again asked, on whom is the maximum debt? The woman told- Husband mostly has credit card debt and education loan is in my name.
Can’t believe I’m tweeting a Dave Ramsey clip but this level of debt to income isn’t necessarily common but not unusual in new attendings pic.twitter.com/WYVddEn1x3
— SurgiFi (@FiSurgi) April 14, 2023
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FIRST PUBLISHED : April 20, 2023, 17:59 IST
