Sell a Car?
Ryan and his wife are in a big hole. Dave helps him sort through the mess of his situation.
ANSWER: You have to sell the most expensive car. The car is worth $13,000, so you’ll be $3,000 in the hole, but $3,000 in the hole is better than $16,000. Save $1,000 or so for a “get-around” car that you can buy with cash.
Then pay off the credit card. Finally, start attacking the student loans. And pay cash for graduate school.