Sean (caller)
Caller to the show seeking financial advice after purchasing an RV that is now heavily depreciated; provides details about income, debts, and the $40,000 negative equity situation.
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Nov 29, 2025 • 6min
I'm $40k Upside Down On An RV
In this episode, Sean calls in seeking help after finding himself $40,000 upside down on an RV he bought. He shares his attempts to value and sell the vehicle, facing harsh depreciation from $54,000 to just $40,000. The discussion dives into his overall financial health, including $25,000 in credit card debt. Dave Ramsey emphasizes the concept of 'stupid tax' and guides Sean on the importance of aggressive repayment strategies and financial discipline, encouraging him to prioritize becoming debt-free.
