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Its not a sustainable life.
Also see more advice from Ramsey on how to get out of debt.
Should You Refinance Your Personal Debts?
But Ramsey advised against doing this.
Then they dont change their habits.
Ramsey believes that refinancing your personal debts can just reinforce your bad behaviors.
We just moved it, took a little pressure off, and then built on more debt.
So it really doesnt end up having a great result.
Rather than refinancing your debt, Ramsey said to get serious about paying it off.
Ive got to fix this,' he said.
Weve got to be sick and tired of being sick and tired.
When people do that, they have wonderful results.
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