DEAR DAVE: My husband and I both work two jobs. Together we make about $53,000 a year, and we’re trying to get out of debt. We have $35,000 in debt, and most of that is on our truck. I’d like to go back to school and become an ultrasound technician, so we’ll have more money. Do you think this is a good idea?
— Sarah
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| Dave Ramsey |
DEAR SARAH: Getting more education is always a good idea. For starters, I’d begin doing some research to find out what ultrasound technicians in your area are earning. Then, look into the cost of training at a nearby school.
But I would only recommend starting school after you guys have done some work and cleaned up your finances.
You’ve got a bunch of debt hanging over your heads, and the truck you mentioned is a big part of the problem.
Sell the truck and move down to something very inexpensive to drive for a little while.
Then tear into the remainder of the debt and get it paid off as fast as you can. After that, save up a bunch of money so you can go to school debt-free.
I know that may seem like a long time before you can start school, but chances are you can get this done in less than two years.
And trust me, going to school debt-free will feel a whole lot better than having another bunch of payments buzzing around your heads for years to come.
VIA http://newsok.com/article/5371256
