Debt is not a path to Wealth or Peace review

Problem:  Sarah has $96,000 in brokerage accounts that she has saved for non retirement purposes.  She also has $68,000 dollars in debt from paying for her son to go to college at an interest rate of 7%.  Based on what we have briefly learned, should she pay off this debt?

• Yes

• No

• I Don’t care

When you are in debt Dave says you should only eat ___.

• Chicken and Liver

• Steak and Lobster

• Rice and Beans

• Gushers

What is baby step 7?

• Save $1,000

• Pay off your home

• Save for kids college

• Accumulate wealth and give

What is one key component to having zero debt

• Go to college for a degree you don’t need

• Live within your means

• Go out to dinner every night

• Flex your salary on snap

According to Dave what does financial freedom equal

• Eternal wealth

• Peace of mind

• A good marriage

• No debt!