cover of episode Life Is Too Short To Choose Money Over Happiness

Life Is Too Short To Choose Money Over Happiness

2024/9/11
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The Ramsey Show

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Charles from Tulsa finds out he might be laid off in January. He's concerned about the illiquidity of his assets, including retirement and home equity. While he has three months of savings, he seeks advice on accessing those illiquid assets. The hosts recommend against touching retirement savings and home equity unless absolutely necessary, instead focusing on aggressive job searching and saving.
  • Charles has three months of savings and is debt-free.
  • He works in accounting and is expected to be laid off in January.
  • Hosts advise against using retirement or home equity unless facing foreclosure or bankruptcy.
  • Focus should be on job searching and increasing liquid savings.

Shownotes Transcript

📱Watch the full episode for free in the Ramsey Network app.)

Rachel Cruze & Jade Warshaw answer your questions and discuss:

  • "My employer told me I'm about to be laid off..."

  • "Pick a Side: How should we buy a truck?"

  • "How do I convince my dad to sell his Mercedes?"

  • "Should I move states to leave a toxic work environment?"

  • Budget Breakdown with Natalie,

  • Tips to lower Insurance rates for home and auto homes/cars this year.

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