I'm $500,000 In Credit Card, IRS, Student Loans And Car Debt!

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  • Опубліковано 22 гру 2024

КОМЕНТАРІ • 460

  • @TheRamseyShow
    @TheRamseyShow  3 роки тому +4

    Nix the guesswork and scrolling. We’ll connect you with investment pros we trust: bit.ly/3hc6Pgt

  • @carmanfan156
    @carmanfan156 3 роки тому +238

    They didn’t even ask him how much debt he has in each debt category.... ? They just gave this guy an good peep talk smh ... we need Dave back ASAP

    • @recomiller
      @recomiller 3 роки тому +10

      To be honest the guy is in the perfect field to pay it off in no time. It's just the matter of how fast he want to pay it off.

    • @D.E..
      @D.E.. 3 роки тому +8

      Everyone certainly has their own way of doing things. And I guess we're used to Dave's way.

    • @dialac1
      @dialac1 3 роки тому +1

      @@recomiller facts!!! He could get rid of that debt in two years if he really puts his heart into it

    • @DM-1111
      @DM-1111 2 роки тому +3

      He can figure it out with Financial Peace Univ which they gifted him, he’s obviously intelligent enough to learn, he’s a NP

    • @BengalTiger47
      @BengalTiger47 2 роки тому +1

      Dave would’ve told him to sell his kid.

  • @MartianAmbassador69
    @MartianAmbassador69 3 роки тому +127

    "You're drowning. You know that right?"
    No I just called to brag about all my debt 🙄

    • @fkillah
      @fkillah 3 роки тому +7

      Guys a tool

    • @ororomonroe8022
      @ororomonroe8022 2 роки тому

      He’s good for making snarky comments.

  • @trebmaster
    @trebmaster 3 роки тому +126

    This was 100% not a call they should have accepted til Dave gets back.

    • @ryankiel4895
      @ryankiel4895 3 роки тому +12

      Yea bc Dr. Delaney is the shrink and Christie is the female-business-startup chick. Good in their fields, but neither one could have analyzed the situation like Dave.

    • @dialac1
      @dialac1 3 роки тому +4

      I agree. Lol

  • @jenniferremy7854
    @jenniferremy7854 3 роки тому +177

    We need Dave's blunt answers ...... Calls are not the same

  • @MP-nj1qy
    @MP-nj1qy 3 роки тому +275

    This guy did all of his homework before calling except he called on the wrong day. Where's Dave with his wisdom?😔

    • @miketheyunggod2534
      @miketheyunggod2534 3 роки тому +24

      Counting all the money he scammed from his book and class.

    • @Chromewarrior
      @Chromewarrior 3 роки тому +6

      The dude should of done his homework 20 years ago. His exes are lucky.

    • @cincinnatislider
      @cincinnatislider 3 роки тому +10

      UA-cam comment section is the next best thing.

    • @miketheyunggod2534
      @miketheyunggod2534 3 роки тому

      @@cincinnatislider sarcasm.

    • @Chromewarrior
      @Chromewarrior 3 роки тому +1

      @@cincinnatislider yes, nothing but compassion and empathy.

  • @hbarudi
    @hbarudi 3 роки тому +87

    IRS is priority over others, they will make you homeless if you are not careful, the others can be done later and student loan on forbearance until all other loans paid off.

    • @maryrobie4752
      @maryrobie4752 3 роки тому +1

      You can negotiate with them.

    • @Michael-vf2mw
      @Michael-vf2mw 3 роки тому

      With the IRS? Really?? How?

    • @HSQadri
      @HSQadri 3 роки тому +2

      @@Michael-vf2mw "Offer in Compromise", payment plans, etc. All official correspondence is usually through USPS.

    • @lynnebucher6537
      @lynnebucher6537 3 роки тому +1

      IRS has to be addressed first for sure. With his income I wouldn't be so sure they'd accept an offer on the debt, but we don't know how much he owes.

  • @melanieb2132
    @melanieb2132 3 роки тому +180

    He's probably paying 25-50k in interest every year. Yikes

    • @PInk77W1
      @PInk77W1 3 роки тому +9

      Ain’t no probably about it.

    • @thedude5040
      @thedude5040 3 роки тому +4

      That interest would pay off all of my loans

    • @AC-qo8oq
      @AC-qo8oq 3 роки тому +1

      Omg!!!! Reallly?

    • @PInk77W1
      @PInk77W1 3 роки тому +2

      @@thedude5040
      How do u eat an elephant? One bite at a time

    • @olanrewajutobi7124
      @olanrewajutobi7124 3 роки тому

      +1

  • @TeamSwagGod
    @TeamSwagGod 3 роки тому +186

    "Yes I am disabled from my time overseas."
    John-"Awesome"
    lol

    • @michaelvan6675
      @michaelvan6675 3 роки тому +5

      It is awesome as should get feee healthcare

    • @HOLDXSTEEL
      @HOLDXSTEEL 3 роки тому +7

      @@michaelvan6675 fee healthcare? So he should pay a higher fee?

    • @michaelvan6675
      @michaelvan6675 3 роки тому +2

      @@HOLDXSTEEL don’t be silly

    • @davidchrist428
      @davidchrist428 3 роки тому +9

      Shows you how much they really listen...only want to hear themselves.....

    • @edgehodl4832
      @edgehodl4832 3 роки тому

      😂

  • @doctorlongmoney8816
    @doctorlongmoney8816 3 роки тому +225

    Caller: 'I owe half a million'
    Dave: 'Move to Afghanistan'

  • @ellie448
    @ellie448 3 роки тому +59

    They asked how he was and he said “good” Michael you are not good!!

    • @archiejr6730
      @archiejr6730 3 роки тому +1

      Debt doesn’t really matter you can owe them but it dosent matter after u die

    • @hoangle2483
      @hoangle2483 3 роки тому

      @@archiejr6730 yeah so let me go to the bank and borrow $100 million dollar in debt to fund my lifestyle. If they demand me to payback, i'll just die.

    • @archiejr6730
      @archiejr6730 3 роки тому

      @@hoangle2483 I mean we all die one day question is how can we get access to that 100million

  • @Cyber_Guy2
    @Cyber_Guy2 3 роки тому +50

    As much as I like Dr. John and Christy, this call was for Dave. Only Dave could've been able to successfully help this caller.

    • @maryrobie4752
      @maryrobie4752 3 роки тому +1

      One has to accept responsibility for their actions. That is a lot of debt.

    • @goodgirlsguide
      @goodgirlsguide 3 роки тому +6

      Yes. Sell the car, sell the house, stop dating attractive women you can't afford. I owe, I owe, it's off to work I go

    • @goodgirlsguide
      @goodgirlsguide 3 роки тому +1

      @@maryrobie4752 notice he blamed the women for it 🙄💩

  • @sherriejones1191
    @sherriejones1191 3 роки тому +38

    Dave- we really miss you. Your hard truth talk keeps me motivated.

  • @j.m0ney133
    @j.m0ney133 3 роки тому +51

    The title itself makes me feel overwhelmed.

  • @josephbeck6575
    @josephbeck6575 3 роки тому +17

    Suddenly my situation doesn’t seem so bad...

  • @DisabilityExams
    @DisabilityExams 3 роки тому +40

    "Debt that has accumulated" = passive voice, the debt "just accumulated".

    • @Scott-got-caught
      @Scott-got-caught 3 роки тому +3

      Denial

    • @soogasooga
      @soogasooga 3 роки тому +2

      well to be fair, with that much debt, it probably is just accumulating on its own - he's probably not paying enough to even make a dent in the principal.

    • @Scott-got-caught
      @Scott-got-caught 3 роки тому

      @@soogasooga who's fault is that. Oh that's right....HIS!

    • @soogasooga
      @soogasooga 3 роки тому

      @@Scott-got-caught never said it wasn't his fault, just that his debt probably has a life of its own by now

    • @Scott-got-caught
      @Scott-got-caught 3 роки тому

      @@soogasooga and im saying he cultivated it! Aka HIS FAULT! Yes or yes?

  • @davidgriffith3938
    @davidgriffith3938 3 роки тому +31

    If he's making $85k now, and can make $185 a year from now, he can put $100k toward the debt. If he tightened his budget, he could do it in five years. Gotta. say, that was a helluva motivational speech there at the end.

  • @procyberflipongoogle9391
    @procyberflipongoogle9391 3 роки тому +457

    As an advisor,investor and partner,I’m impressed by the thoroughness and professionalism exhibited by all of principals. In particular,their depth of knowledge in diverse disciplines as construction,operations and asset management is highly advantageous.Their focus,integrity and attention to details make us very comfortable doing business with them

  • @saramatthews7159
    @saramatthews7159 3 роки тому +21

    I just dont understand the student loans when he was entitled to the GI bill after separating from the military. Got my bachelors and masters under the GI bill. No college debt.

    • @fhuber7507
      @fhuber7507 3 роки тому +7

      The majority of student loan money goes to lifestyle, not tuition.
      Party now, pay later.
      That women's studies, game beta tester or film evaluation degree will surely lead to a high paying job.

    • @hoangle2483
      @hoangle2483 3 роки тому +4

      At this point, a new born baby is richer than him.

    • @ashleyjones5396
      @ashleyjones5396 3 роки тому +3

      Also if he has federally backed student loans and he is 100% P&T he can get the loans waived.

    • @HatedJared
      @HatedJared 3 роки тому

      Some of us in the military had out GI benefits cut when the Obama administration was in office. I joined for the GI bill, did my service, and they told me I couldnt get any VA or GI benefits even after an honorable discharge. I had to go the student loan route. Not sure when he was in but could be the same deal.

    • @JBrown-go8ru
      @JBrown-go8ru 3 роки тому +1

      I actually know idiots, that declined contributing towards the GI Bill when I joined 21 years ago. It’s puzzling that some people would actually turn down that great benefit.

  • @cnevill2
    @cnevill2 3 роки тому +55

    The next time you open your door to the pizza delivery guy, don’t forget to ask how his debt snowball is going.

  • @bestly802
    @bestly802 3 роки тому +47

    He collects debt like it's Pokemon

    • @pilgrimbeats
      @pilgrimbeats 3 роки тому +5

      gotta catch em all

    • @zolozek3327
      @zolozek3327 3 роки тому

      No he collects wives

    • @littleripper312
      @littleripper312 3 роки тому +1

      @@zolozek3327 He's blaming other people for his mistakes. Bad mentality even if part of it was from a bad wife. He has IRS debt, auto loans, student loans, two failed marriages. It sounds like he's made massive mistake after massive mistake and needs to take some ownership.

  • @jenniferremy7854
    @jenniferremy7854 3 роки тому +37

    Would have liked to hear Dave's voice in this. I feel like he would have asked about the breakdown of the debt and help him with each debt so he has clear path........ Hope financial peace will help

    • @artbrutnewyork
      @artbrutnewyork 3 роки тому +2

      Yes, I was surprised that they didn’t ask for a specific breakdown of the debt. I think it would have been illuminating to learn how much was Student Debt.

    • @jermainew8394
      @jermainew8394 3 роки тому +3

      Exactly, they just spit out a scripted response with a useless debt metaphor and didn’t help this guy one bit. Remember Dave is a numbers man. He would of broke everything down.

  • @a004
    @a004 3 роки тому +45

    First, thank you for your service. BUT
    As someone making 108k a year and having an NP job, I'm not sure you get to play the victim card as hard as you're trying to. Time to wise up and be a man. Work hard and start paying back your debts. There are no shortcuts so get to work.

    • @crpruns69
      @crpruns69 3 роки тому

      Gov should pay off his student loan because he is very and the gov is going to need the NP! If he is making it in a NP he is hard working man! Give him a break. Live in nothing while greedy CEO corp US burn us all wow!

    • @hoangle2483
      @hoangle2483 3 роки тому +1

      lets hope no one introduce him to leverage/margin and WSB. Or he already did ?

    • @joleesa4357
      @joleesa4357 3 роки тому +2

      Depending on his disability rating he should qualify for student loan forgiveness.. so that should solve his student loan issue

    • @jimroscovius
      @jimroscovius 3 роки тому +3

      @@joleesa4357 No way!! I shouldn't have to pay for his stupidity.

    • @Joseph-ub5wh
      @Joseph-ub5wh 3 роки тому

      @@jimroscovius you're already paying for his disability pension, his disability related Healthcare, and his current salary at this time off call like all of us.

  • @Susieque963
    @Susieque963 3 роки тому +8

    They didn’t even touch on the fact he’s blaming his divorces for his spending problem. Bet he drives a luxury car and never cooks his own dinner. Come on.

  • @Yolomamba24
    @Yolomamba24 3 роки тому +15

    That was a great analogy.
    I always think it's silly when people have trouble picking between benefits at a current job and a new job with 15-20% pay increase.
    Always take the pay increase! I don't care how good you think you're current benefits are, they're not gonna be of the same value of an instant 15-20% pay increase

  • @kara2162
    @kara2162 3 роки тому +13

    Even making 150k a year it will most likely take 10+ years to pay off his debt, because he's probably losing 30-40% of his income in child support and alimony. The more he makes the more he has to pay. This is about as bad as it can get.

    • @Sammy-uv1kl
      @Sammy-uv1kl 3 роки тому +4

      Yep no way out of this , the guy is a bankrupt

    • @ivanaandric5703
      @ivanaandric5703 3 роки тому

      Yea, and plus intrests on 500 k each year

    • @deadcell1
      @deadcell1 2 роки тому

      @@Sammy-uv1kl There is a way out. He needs to invest his money in assets that do not pay interest or dividends. For an example, if he brought $50k worth of ETH in 2019 it will be worth $1.7M at the peak of 2021.

    • @deadcell1
      @deadcell1 2 роки тому

      @@Sammy-uv1kl There is a way out. He needs to invest his money in assets that do not pay interest or dividends. For an example, if he brought $50k worth of ETH in 2019 it will be worth $1.7M at the peak of 2021.

  • @wiseowl2020
    @wiseowl2020 3 роки тому +2

    Pay your Fxxxing taxes! I shout that at the radio every time I hear one of those ads for a lawyer you can pay to get you out of your tax bill. How foolish can you be to think you're going to game the IRS?

  • @djpuplex
    @djpuplex 3 роки тому +53

    That's a lot of Pizzas to deliver.

  • @datcatsavedme7071
    @datcatsavedme7071 3 роки тому +2

    I don’t like how nice these hosts are being back dave!

  • @aaronup
    @aaronup 3 роки тому +17

    His debt is well diversified.

  • @CroisMoi
    @CroisMoi 3 роки тому +24

    I think these substitutes for Dave need more training. Break down the debt. Get income. Ask questions. They are letting these callers ramble too much.

    • @edb484
      @edb484 3 роки тому

      Right!!! The breakdown is one of the main questions to ask, Dave would of got all up in his business lol

    • @hornetguy9063
      @hornetguy9063 3 роки тому +3

      Yeah. I’ve no idea what christy’s background is. But John is a therapist, not a finance guy. Dave knows bankruptcy law like the back of his hand

    • @genxx2724
      @genxx2724 3 роки тому

      They don’t have the knowledge.

  • @patty109109
    @patty109109 3 роки тому +50

    He needs bankruptcy. He may have the worst debt situation I’ve heard for his age/income.

    • @Cookieboy70
      @Cookieboy70 3 роки тому +3

      Yeah. I am literally the same age and income he mentioned and carry a lot of regret about things I have done wrong only to have 60k in cash saved up (not including retirement).

    • @captainmorgan2307
      @captainmorgan2307 3 роки тому +10

      With his income to debt it would be similar in scale to someone making minimum wage and paying off 60k in debt.
      How many people are in that situation?

    • @patty109109
      @patty109109 3 роки тому

      @@Cookieboy70 Cookieboy looks like a nice pup! @Captain...hopefully not too many people are in that situation :(

    • @ivanaandric5703
      @ivanaandric5703 3 роки тому

      I've heard worst. Much, much worst. But you're wright, he does need chapter 13.

    • @Omikoshi78
      @Omikoshi78 3 роки тому

      Do they ever recommend filing bankruptcy on this show?

  • @DemetriPanici
    @DemetriPanici 3 роки тому +43

    Half a million. Good lord

    • @Je.rone_
      @Je.rone_ 3 роки тому +1

      I know right

    • @sharishines99
      @sharishines99 3 роки тому +1

      This is what they mean by “it’s cheaper to keep her”

  • @Je.rone_
    @Je.rone_ 3 роки тому +30

    That is a deep hole he done digged for himself

    • @closingdealz
      @closingdealz 3 роки тому +7

      Might aswell fake his death

    • @Scott-got-caught
      @Scott-got-caught 3 роки тому +2

      Yup. Now hes crying! Whaaaaaah! Call the wham-bulance lol

    • @archiejr6730
      @archiejr6730 3 роки тому

      @@closingdealz I rather have 500k debt then no debt at all

    • @So_Cato
      @So_Cato 3 роки тому +10

      @@archiejr6730 what?

    • @OTOWN2STOCKTOWN
      @OTOWN2STOCKTOWN 3 роки тому

      Might be medical Bills

  • @ticktockyo2
    @ticktockyo2 3 роки тому +14

    100K+ a year eat noodles and live in a garage sounds like he isn’t changing his lifestyle but still expecting everything to workout

    • @hoangle2483
      @hoangle2483 3 роки тому

      at that point dude gonna have health problem from eating that much instant noodle b4 paying off the debts. Nah, let him yolos in some SPY puts for some tendies.

  • @gardenofe12
    @gardenofe12 3 роки тому +10

    He can’t file bankruptcy on his student loans right ??
    So they need to know how much debt he has in each category and go from there.

    • @suek7086
      @suek7086 3 роки тому +1

      He can’t do it on the IRS or Student Loans. The others, perhaps.

    • @akitkat8157
      @akitkat8157 Рік тому

      That’s correct - good points.
      student loans debt can not be discharged if someone declared chapter 7 bankruptcy.

  • @goodgirlsguide
    @goodgirlsguide 3 роки тому +5

    So Inorder to get to $500k debt, what did he do? He must have bought some assets or developed skills to get into that debt. He needed to stay in the job and work extra agency shifts on his days off. Sounds like he was trying to impress women flash cars and houses he/they couldn't afford. Then when she got pregnant she couldn't work. Notice he didn't take any responsibility. He said they got him into the mess.

  • @jd5179
    @jd5179 3 роки тому +6

    when looking for a spouse - you need to know debt to income ratio of that person .

  • @stud6414
    @stud6414 3 роки тому +15

    Ah, sir, you're in complete DEBT.

  • @josephcoatofmanycolors
    @josephcoatofmanycolors 3 роки тому +43

    What do you call a guy who's always in debt?
    Owen or Bill.

    • @shaleknight62
      @shaleknight62 3 роки тому +1

      NOT FUNNY at all

    • @josephcoatofmanycolors
      @josephcoatofmanycolors 3 роки тому +2

      @@shaleknight62 I am sorry, it’s not my intentions to make to make fun of anyone in debt, I was just trying to Cheer-up someone.

    • @johnallen3497
      @johnallen3497 3 роки тому +1

      That joke makes no sense

    • @johnpurvis4327
      @johnpurvis4327 3 роки тому +1

      @@shaleknight62 lighten up Francis

    • @msch3891
      @msch3891 3 роки тому +2

      Good one. What about a woman? Brooke?

  • @PUBGMOBILE-fk1xc
    @PUBGMOBILE-fk1xc 3 роки тому +92

    This was very entertaining, thank you for this *pro cyber flip*

  • @jessicamanteria1633
    @jessicamanteria1633 3 роки тому +6

    My BF works at Yale and is an RN and makes 100k w OT. You can make way more than that as an APRN in the new haven area.

    • @jinnyh
      @jinnyh 3 роки тому +1

      He might have limited hours while collecting disability

    • @jasonfoster8871
      @jasonfoster8871 3 роки тому

      VA disability unless determined to be unemployable you can work as much as you want.

  • @mikezerker6925
    @mikezerker6925 3 роки тому +18

    I wonder if DR and the team have ever just hung up on someone bc they’re beyond help

    • @shellylopez214
      @shellylopez214 3 роки тому +4

      I would lol. Just act like the call accidentally disconnected

    • @webfreakz
      @webfreakz 3 роки тому +4

      He has muted plenty of people

    • @nczioox1116
      @nczioox1116 3 роки тому +4

      Enroll them in fpu and hang up

    • @shellylopez214
      @shellylopez214 3 роки тому +1

      @@nczioox1116 exactly lol

    • @fhuber7507
      @fhuber7507 3 роки тому

      Nope.
      He has said one case I remember needed to declare bankruptcy.
      Just way too much debt and no shovel.

  • @alphagenisis1
    @alphagenisis1 3 роки тому +13

    Get out of working fir the VA, make more money and join the reserves to get that affordable healthcare.

    • @hellosunshine5
      @hellosunshine5 3 роки тому +2

      He has free Healthcare at the VA

    • @webfreakz
      @webfreakz 3 роки тому +3

      @@hellosunshine5 only while he works there and they pay less than the private sector

    • @hellosunshine5
      @hellosunshine5 3 роки тому +3

      @@webfreakz He said he gets paid by the VA for a disability so its likely that he is rated high enough to have free healthcare through the va as long as his rating stays the same.

    • @alphagenisis1
      @alphagenisis1 3 роки тому +1

      @@hellosunshine5 No, he gets paid 1750 to add to his 87k income with the VA. Still Nurse Practitioners can make 160k and up working for a private company.
      It would be totally ignorant to stay with the VA along term, especially with his debt, sheesh.

    • @hellosunshine5
      @hellosunshine5 3 роки тому

      @@alphagenisis1 I'm not suggesting he work there.. Part of VA disability is Healthcare provided at free or little cost at the VA. I'm not taking about his employment at all

  • @ga6257
    @ga6257 Рік тому +1

    I've paid interest on one car that I bought for 17k before and that drove me nuts to do. This dude is paying that per year in interest on his loans I bet.

  • @telolisou
    @telolisou 3 роки тому +18

    “What is your disability? Are you a veteran?”
    “Yes, from my time overseas”
    “Awesome”
    ???????????
    Please forgive this guy and thank you for your service. I am cheering for you to turn your life around

    • @michaelweyenberg6238
      @michaelweyenberg6238 3 роки тому +1

      Many veterans claim disability even if perfectly healthy.

    • @thinkforyourself9334
      @thinkforyourself9334 3 роки тому

      @@michaelweyenberg6238 🤣🤣🤣 how do you know that?

    • @michaelweyenberg6238
      @michaelweyenberg6238 3 роки тому

      @@thinkforyourself9334 I know several. Surprised this guy just admitted it on air. Guys who work well paying, manual labor jobs, yet get $1500 a month for "their back problems".

    • @Musicienne-DAB1995
      @Musicienne-DAB1995 3 роки тому +1

      I think the 'awesome' was referring to him being a veteran?

  • @symlexbrn5396
    @symlexbrn5396 3 роки тому +3

    That's going to be very painful to pay back, life can be ruthless

  • @samsutera2452
    @samsutera2452 3 роки тому +1

    Where did 500k come from !!!!!
    How much did he pay for school?
    Time period of when he joined military and when he became a student for RN? Did military help with tuition?
    Did he just go to the most expensive school there is or did he just accumulate debt out of thin air overseas?

  • @ak11230
    @ak11230 3 роки тому +2

    You want map how to get to Jamaica ? .. Believe me living in America is over rated .... I and my wife looking for exit too no luck yet !

  • @mattmasteringer4399
    @mattmasteringer4399 2 роки тому

    This guy is stronger mentally than am. Good thing he has a great job with great prosperity

  • @taahdaah3813
    @taahdaah3813 3 роки тому +8

    I wish they did a break down on his debt to give us more insight. He's blaming the two separations but we really need more to go on.

    • @littleripper312
      @littleripper312 3 роки тому +2

      As in not taking responsibility for his situation. I cringed when I heard him say that. He is 100% responsible for the situation he's in and needs to own it.

  • @Omikoshi78
    @Omikoshi78 3 роки тому +1

    Notice the hosts look like cyberman. Who wears a headset on a show in 2021 😂

  • @lisalaude4431
    @lisalaude4431 3 роки тому +4

    Come on, Miguel!!!!!! YOU GOT THIS!!!

  • @ap2708
    @ap2708 3 роки тому +13

    I’ve never understood how you can qualify for “disability” while holding a full time job

    • @Fishouta
      @Fishouta 3 роки тому +13

      It is service- connected disability paid by the VA for getting injured. It does not mean he is unable to work. This is not SS disability.

  • @ryankiel4895
    @ryankiel4895 3 роки тому +1

    His debt makes the 33K left on my mortgage look like chump change. Ouch. Poor guy.

  • @GolfDuff
    @GolfDuff 3 роки тому +3

    He makes more money than 80% of the guys in this comments section.

  • @imveryhungry112
    @imveryhungry112 3 роки тому

    One thing that sucks is his income coming in is being taxed prob at at least 20 percent. And then the debt is being charged interest. So he has taxes and interest working against him when paying this :(

  • @leadnsteel1428
    @leadnsteel1428 3 роки тому +5

    Beans and rice never been so fitting

  • @wandagreer9144
    @wandagreer9144 3 роки тому +3

    How is he working and claiming disability? Is that legal? I know a man who got in big trouble because he mowed his yard - even used a riding mower. And as far as I know, student loans and taxes are unable to be filed for bankruptcy. My debt is less that 1000 - I can't imagine the stress he has. Good luck. He can move to a less expensive house to help. If he owns the house, he can rent it to make the payments while increasing wealth and living cheaper.

    • @JBrown-go8ru
      @JBrown-go8ru 3 роки тому +3

      VA disability. It’s legal. It’s completely different than Social Security/Workers Comp disability. I am a 100% rated disabled veteran, and can still work. To explain how this works would take too long on UA-cam. There’s a wealth of information out there. Essentially, you enter military service 100% whole. Any injuries caused from your service, no longer makes you “whole.” The VA compensates you for any injuries, or anything that aggravated an existing symptom. You lose an arm, you are compensated. You were sexually assaulted, causing trauma, you are compensated. You lose your hearing, you are compensated. I think you get the point.

    • @wandagreer9144
      @wandagreer9144 3 роки тому +1

      @@JBrown-go8ru - Thanks for the explanation. It helps a lot.

  • @dirkl9652
    @dirkl9652 3 роки тому +8

    Sure miss Dave on this one !!!!

  • @Lilbit2215
    @Lilbit2215 3 роки тому +5

    I thought the title would never end

  • @bl8975
    @bl8975 3 роки тому +12

    I’d sign up for the squid game tbh

    • @Kryptic1046
      @Kryptic1046 3 роки тому

      For real, he's got Squid Game levels of debt 🤣

  • @Dorothyredshz
    @Dorothyredshz 2 роки тому +1

    As an np, 170 is an over reach unless you do contract work ...that type of work is going away ... Stay with the Va , use a va school loan repayment program to repay all of your loans .do the 10 year plan ...they write the rest off ...find away to pay your other debts ..make consistent micro payments everyweek..put money in you savings thrift/ 401, live cheaply , retire at 57 You can do it !!!!!

  • @victorortega9578
    @victorortega9578 3 роки тому +1

    Soooo no more live shows?
    I need motivation to get out of debt!

  • @roolyfe
    @roolyfe 3 роки тому +6

    Bankruptcy 😞

  • @doublet8142
    @doublet8142 3 роки тому +3

    Feeling stressed just listening to this caller....😆😆😆

  • @alexandertuck2683
    @alexandertuck2683 3 роки тому +1

    And I’m out there stressing about 9k in debt

  • @dialac1
    @dialac1 3 роки тому

    The banks send him a gift on Valentine’s Day. I’m a nurse. If he didn’t become a nurse practitioner and focused on working as a travel nurse plus vet the women you get involved with, he won’t be in this situation. Not trying to point fingers but he really made several mistakes along the way. I am rooting for him. It’s going to be a hard slug but it’s doable even as a nurse.

  • @davyhoogy
    @davyhoogy 3 роки тому +3

    You should deffo lease a mercedes and go on holiday. Itll sort itself out in the end

  • @casualleviathan5926
    @casualleviathan5926 3 роки тому +6

    I feel better in my life now.

  • @oscarmedina7368
    @oscarmedina7368 3 роки тому +6

    Finally, and actual financial question

  • @pisces3121
    @pisces3121 3 роки тому +2

    Wow!!!! You guys were really inspiring and motivational. I love what you did for Miguel!

  • @kyqorioskygo8999
    @kyqorioskygo8999 3 роки тому

    Find a tall building, at least 10 storey high! 😂

  • @GVW2012
    @GVW2012 3 роки тому +2

    Did he say his job only pays 87k a yr...dude..stop making excuses and just pay your bills. So many people make less and are still doing well in life. Ur view is not right to begin with

  • @Rashaadthegr8
    @Rashaadthegr8 3 роки тому +6

    Where's Dave?

    • @jenniferremy7854
      @jenniferremy7854 3 роки тому

      My exact thought!

    • @CroisMoi
      @CroisMoi 3 роки тому +1

      Dave is one in a billion. He needs to start doing these shows again. He could do shorter shows. I’m sure he is tired of it, but no one can hold a candle to him.

    • @Rashaadthegr8
      @Rashaadthegr8 3 роки тому

      @@CroisMoi facts

  • @rolandoflores2806
    @rolandoflores2806 3 роки тому +7

    What a waste of the caller and audience’s time. They offered no advice on how to settle the debts and pay them off.
    I’m pretty sure he knows he has to work a lot

  • @clarifyingquestions
    @clarifyingquestions 3 роки тому +2

    He will be out of debt in 10 years and have 20 years to save for retirement - living a beans and rice, non consumer lifestyle. Health is free - eat at home and enjoy your life doing the things that are free.

  • @Veenbuen1
    @Veenbuen1 3 роки тому +3

    It’s like the SWAT team is over your shoulder, god bless man

  • @sourangel1119
    @sourangel1119 3 роки тому

    Did anyone else cry when John talked about the why?

  • @stufoo
    @stufoo Рік тому

    I was only able to go to college and then law school because I was offered such generous scholarships. If you have to take out hundreds of thousands of dollars for college, maybe college isn’t for you and that’s okay

  • @moblack5883
    @moblack5883 3 роки тому +7

    Don’t feel bad about not having a budget. I’m 39 and a homeowner and I don’t have one either. I pay my bills on auto pay , and my 401k comes out , and just spend the rest of the month.

  • @AlKindi9
    @AlKindi9 3 роки тому +1

    Those women destroyed him financially!

  • @lights80088
    @lights80088 3 роки тому +1

    Once again, let me make 500k in debt and file bankruptcy. How about not letting yourself get to that point.

  • @supreemcourt9181
    @supreemcourt9181 4 місяці тому +1

    This was bullshit advice. I don’t think he was looking for a pep talk, he was looking for for a strategy to tackle his debt. $100k range income will still have him drowning in debt. I don’t recall the. Mentioning interest rates buts that’s the real killer that keeps people in debt. $500k debt, could be paid off in 10yrs, but interest alone gonna increase it to 15yrs

  • @vg6790
    @vg6790 3 роки тому +3

    This call literally had me crying

  • @HOLDXSTEEL
    @HOLDXSTEEL 3 роки тому +6

    “Only” 87000

  • @MegaIluvmj
    @MegaIluvmj 3 роки тому

    Bro if I was that deep in debt I would walk into traffic blindfolded

  • @SaturnsRBX
    @SaturnsRBX 3 роки тому +55

    Claim your “here within an hour” ticket here 👀

  • @desimo147
    @desimo147 3 роки тому

    Yeah, this guy is filing for bankruptcy and it will still take him 20 years to escape this mess.

  • @denzilturton1098
    @denzilturton1098 3 роки тому

    bruh, 87k? there nurse sin Cali with BS degree pumping $180 an hr with $270 OT as a travel nurse. Sure you be paying 100k worth of taxes but the 200k plus worth of money will get him out of this in 3-4 years

  • @yourgooglemeister6745
    @yourgooglemeister6745 3 роки тому +3

    Well I feel better about my life now

  • @juniorgod321
    @juniorgod321 3 роки тому +1

    If I were him, I'd go down to Mexico, tear all my papers, have a plastic surgery, pay a surgeon to have my fingerprints erased and come back into the US and live an an debt-free illegal immigrant:) Cha-Ching!!!

  • @sandystory8530
    @sandystory8530 3 роки тому

    The word here he said is "free" and once again these two did not deliver and judged - he is not drowning he is asking for financial advice

  • @jeffkline9191
    @jeffkline9191 3 роки тому +1

    This guy needs to become a work monk.

  • @boondoggle4820
    @boondoggle4820 3 роки тому

    Is he really going to make that much more as a nurse practitioner outside of the VA when you include all of his benefits? I don’t know about that. His benefits probably put him over 100K per year, and I’m not sure that it makes sense to leave and have to pay more for health insurance especially if he has lingering medical issues from his time in the service. I would recommend that he try getting a second job on the weekend or a side hustle.

    • @Dee-oq5ms
      @Dee-oq5ms 3 роки тому

      yes, very possible.

    • @RedFaceeee
      @RedFaceeee 2 роки тому

      Yes. They can make bank if they position themselves well.

  • @nenefry8502
    @nenefry8502 3 роки тому

    does he have child support and alimony? how old is kid? when he is 18 no support unless he goes to college.

  • @Alexcabrera29
    @Alexcabrera29 2 роки тому

    They didn’t break down the debt !!!!where is Dave Ramsey ?

  • @gcromer903
    @gcromer903 3 роки тому

    You two are a great team. More please! 🙂

  • @miketheyunggod2534
    @miketheyunggod2534 10 місяців тому

    Free advice. You get what you pay for.

  • @NYsalsa101
    @NYsalsa101 3 роки тому +1

    Horrible advice. You gotta understand why he has so much debt to begin. Hes clearly spending more than hes bringing in. Until you deal with the spending just telling the guy to earn more is not going to get him out of that hole. Plus he gets free healthcare from the VA and the guy has a disability. You want him to leave that situation and start racking up medical bills? Seriously do some real cost bemefit analysis here.