Dave Ramsey is saving the financial lives of many people across this country. My family is only carrying a home mortgage debt and we hope to pay that off soon. When interest rates begin to spike up, those carrying all of that credit card debt are going to get hammered.
Us, too. I have a little bit to go on a cc, but then it’s just our (very manageable) mortgage on our farm. Of course, the car and truck will die soon thereafter; Murphy’s Law, but we’ll be able to buy two used vehicles with cash if all goes well.
I’ll be 50 this year, and hope to be out of the work force at 55. Of course, I’ll still ‘work’ but for myself and no one else. Husband is already self-employed and loving it.
It’s looking good, despite the economic times we are in. :)