Dave Ramsey Urges Sale of Pokemon Cards Behind $13,426 Debt at 21% APR
Updated
Updated · 24/7 Wall St. · Jul 2
Dave Ramsey Urges Sale of Pokemon Cards Behind $13,426 Debt at 21% APR
3 articles · Updated · 24/7 Wall St. · Jul 2
Summary
$13,426 in credit card debt left caller Todd facing Ramsey's blunt advice: liquidate the Pokemon cards now, detail every balance, and work a 40-hour job plus a 30-hour job to repay it.
At a 21% average credit card APR, that balance racks up about $235 a month in interest, meaning the cards would need to appreciate more than 21% annually after fees and unsold inventory just to break even.
Todd said he chased YouTube-style flipping success, "kind of just winged it," and used borrowed money while bouncing between jobs; Ramsey argued that mindset turns speculation into compounding loss when no profit arrives.
The warning lands as household cushions thin: the U.S. personal savings rate fell to 3.9% in Q1 2026 from 6.2% in Q1 2024, while credit card delinquencies stood at 2.92% in January.