It’s our Friday livestream Q&A and we’re talking about Dave Ramsey Baby Steps and how to pay off debt to live your debt free ...

Michael owes $35K across leases and credit cards while earning $3K to $3.5K monthly on commission. Ramsey advised covering food, utilities, shelter and transportation before tackling debt payments.

U.S. household debt reached $17.5T by early 2024 with credit card debt growing 15-16% between Q3 2022 and Q3 2023. Around 45% of Americans carry a credit card balance with average debt near $5K.