What to attack first when getting out of debt? (Ramsey baby step 2)
April 6, 2014 11:25 AM Subscribe
I get it: never lease a car. Well, we have two. Following Dave Ramsey's money makeover, we've got more than our 1,000 emergency fund, so how do we start attacking our debts? He says start with the smallest and just start knocking them out. So...how does a car lease factor in there?
posted by Admiral Sock to Work & Money (26 answers total) 7 users marked this as a favorite
We're willing to change up our transportation, but "just get rid of the cars" won't work in our car-dependent city. Should we save up for a couple of dependable used cars? But that's not attacking our debt, really. These are our first experiences with auto leases, so I guess we don't really understand the ending of the lease.