Compound Interest Can Save You Millions (Hour 2)

George Kamel & Ken Coleman answer your questions and discuss:

•  The best place to keep money saved when facing large medical expenses,
• "Should we move in with family to save money?", 
• When it's beneficial to downsize your home to meet other financial goals, 
• from the blog: Downsizing Your Home: 3 Money Benefits
• The power of compound interest, 
• from the blog: How Does Compound Interest Work?
• Why you shouldn't use high-yield savings to out earn the interest you're paying on debt,
• "Should I offer 50% to the credit card to settle past due debt?",
• from the blog: How to Deal With Debt Collectors When You Can't Pay

Support Our Sponsor:

• PODS Moving & Storage
• Neighborly

Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET

Here's an EveryDollar deal just for our listeners: get a 14-day free trial PLUS $15 off your first year of premium. Click the link below and start budgeting today!

www.everydollar.com/george

Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6

Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6

Interested in advertising on The Ramsey Show? https://ter.li/s64ye3

Ramsey Solutions Privacy Policy

Learn more about your ad choices. Visit megaphone.fm/adchoices