We Make $200K and We’re Still Broke
The Ramsey Show
Should I Use Retirement to Pay Daughter's Loan?
Dave and Rachel counsel Pat against draining retirement to pay Parent PLUS loans; recommend pausing contributions and aggressive repayment plan.
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George Kamel and Rachel Cruze answer your questions and discuss:
- “We’re self-employed and owe $40,000 in taxes. How do we pay this off?”
- “I’m 68 and owe $40,000 on my daughter’s student loan. Should I use all my retirement to pay it off?”
- “Should we continue to live illegally in our business’s building?”
- “My husband thinks we made a huge financial mistake by selling our house. Is he right?”
- “I’m upside down on my truck and can barely afford the $750 payments.”
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Explore more from Ramsey Network:
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💰 George Kamel
🪑 Front Row Seat with Ken Coleman
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