I opened a business and am suddenly making over $400k in profit - should I pay off my cars and mortgage? Dave Ramsey weighs in
Briefly

Financial freedom requires proactive planning and discipline, especially when high income can mask underlying debt issues, emphasizing the importance of a sound financial strategy.
While Chris had impressive earnings, he faced significant debt; Ramsey emphasized the reality of being 'redneck rich'—where high income doesn't ensure financial security.
Ramsey's approach for Chris included paying off consumer debts first, underscoring the need for cash flow management and reducing stress by eliminating excess debt.
To ensure stability despite income fluctuations, Ramsey urged Chris to live off a reduced budget, treating his income like a business to prioritize financial health.
Read at 24/7 Wall St.
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