Chapters
Brenda from Tampa, Florida, seeks advice on managing a substantial debt of $250,000, excluding her mortgage. Dave and Ken suggest prioritizing aggressive debt reduction strategies over selling their house, including selling their car and drastically cutting expenses. They emphasize the importance of budgeting and focusing on eliminating debt before considering other options.
- Brenda has $250,000 in debt excluding her mortgage.
- Brenda and her husband have a household income of $9,500 a month.
- Dave and Ken advise against selling their house unless it becomes a last resort.
- They recommend selling their $35,000 car and drastically cutting expenses, such as eating out and vacations.
- Dave and Ken emphasize the importance of budgeting and maximizing debt payments.
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