Last week’s video about how to get out of debt was well received, but there were a few questions people had about paying off loans.
Most importantly, why should getting out of debt be your number one priority? In addition, we answer the questions:
1. What if I’m upside down on my car loan?
2. Would you stop investing while you paid debt?
3. What about debt consolidation loans?
2 months ago we had Jackie on our live show to help her decide whether or not she should buy a car used from craigslist or a dealer. At the end of the discussion, she decided she wanted to save extra money to buy something a little nicer.
Well things changed and she found a 1995 Toyota Camry for $1000 bucks. It runs great, has newer tires, and had the timing belt replaced.
We video interview her to ask how the transaction went and to shed light on some questions you had from the live show.