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Dave Ramsey rarely tells a caller to sell a house to erase debt. On a recent The Ramsey Show segment, he made an exception. A 47-year-old woman, freshly out of a 19-year marriage, called in weighing whether to keep her home or cash out her equity. Ramsey’s verdict was blunt: “To put all of the burning embers of that trash fire, that dumpster fire, in the rearview mirror, and I’m making $100K, and I’m completely free. I can do whatever I want. I like that more than I like this house.”
The stakes are real. She has roughly $175,000 in home equity on a house worth about $300,000, with $125,000 left on the mortgage. She carries student loan debt and car debt, pays $1,890 a month…