Dave Ramsey Responds To George Kamel's Financial Advice
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- Опубліковано 9 лют 2025
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▶️ Watch the original Highlight that caused Dave's reaction: I'm 86-Years-Old and Broke - • I’m 86-Years-Old and B...
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▶ Watch the original Highlight that caused Dave's reaction: I'm 86-Years-Old and Broke - ua-cam.com/video/jTFjNZoX1Vo/v-deo.html
Thank You Mr Ramsey for changing my life you deserve more subscribers and more views
You guys made money from this ladies misery and public humiliation. How about you step up and give that money from these two videos to her and really help. That would be the right thing to do.
I'm here for the financial and leadership advice not to see an old lady that's fallen on hard times humiliated publicly for your organizations profit.
@DAVE RAMSEY TEAM: Do the episode of Taylor swift concert so we can see Dave’s reaction
She should sell the house, pay off the debt and move into a senior apartment building. IMO.
That house is probably costing her $$$ just to maintain. Things break and need repairs.
@@weldchip I mean.... you are not wrong.....
They got Dave doing work audits live on air 😂😂😂😂
Lol 😂 facts
Love that they are reviewing this.
Exactly!
I think we're looking at another type of segment. 👍🏿
Youth in Asia is another option
Ramsey likes to be tough on people but can't handle criticism or being corrected. They are sawft.
@@siva47931not in red States, illegal
My 83-year-old grandmother was able to get two college girls to rent rooms in her home when she retired, and this allowed her to continue paying her bills while staying in her house while not going out. It also brings a lot of peace to our family knowing there are other people living in the house with her. They are really sweet girls staying with her.
That’s a great idea/situation!
Ooooohhh....that is an AMAZING plan!!! A college student would easily pay 600-800/mo each.
Dave's way of saying George was wrong while still defending him makes DR the Goat
Never said he was totally wrong, made fun of him telling an 86 year old to get a job. Grandma needed a reality check. She was living in a dream world.
This is the equivalent of a politician or celebrity apologizing at a press release. It's an attempt to sweep the blunders under the rug and you bought it.
Absolutely ❤
If George was wrong, what was the correct solution to this situation?
@@commonenglishmistakes4360 he wasn't really, maybe a little abrupt with an irresponsible, I can't do anything to fix this, old lady
It's all good George. My 90 year old dad-in-law still works four hours a day. It's what's keeping him alive.
Noo - it's not good. She is frail - goodness me 😮
Ya he was cornered into this last resort suggestion because she isn’t willing to give up on anything. She gotta pick ONE!
@@yolandemurphy9803 Don't underestimate the abilities of elderly people. They make wonderful part-time customer service representatives if they can handle the technology. Or, lightweight tasks if they are still active.
@@ungphuc I know. My first thought was renting out a room, but, they got to that. Or, downsizing and creating a home with her daughter where they live together, but, separate entances. I didn't watch the original call, so, don't know why she "can't" live with her daughter.
@SouthernGalPal she said she was already receiving money as help from her daughter, and she didn't want to be a burden to her. On top of "budding personalities".
Dave handled that like a true professional. Nothing but respect for the way he corrected George without humiliating him at the same time.
And George took it like a champ! He acknowledged that it was rough advice, and overall this is awesome! I love this exchange! The only part that I do NOT love is that poor lady's situation! Man, that really sucks!
Dave probably made the same mistake once in the 1990s.
I love the idea of re-reviews with Dave on clips that go viral!!! Keep em coming!
I added too to do a program “Where are they now” or “Dave’s Do-over” show .. 😅 .. we often wonder where some of these people are today .. did they heed the advice .. etc.. 😜
Big Time!
Agreed I love this
Caller: "I have no money"
George: "Have you tried to get some?"
Audience: 😲
LMAO 😂
86 year old man lol
Brilliant summation! 😂
@@leefairbridge993 math is still math at 86
The Caller does have money she refuses to use. She has a house to sell.
I'm glad Dave addressed this call. There are options for this poor woman including getting food from the local food bank, signing up for Meals on Wheels, checking with the local department of aging, etc. Some areas even have programs to help with elderly with pet food and expenses.
Exactly!
She should be eligible for food stamps?
So shouldn’t she call her local organizations/agencies for resources? The Ramsey team doesn’t know which resources are available to people, they know about personal finance - not government or non-gov assistance. I agree that she should seek out that assistance, but that’s not what the people at Ramsey do. They don’t connect you to local assistance. They help you get out of debt, invest in your future, & increase your income.
Yeah but he’s basically just said the audience was just bitching about it at least they were trying to help her 😂
Better yet, get the EBT cards and sell them for cigarette money while getting your food from Meals on Wheels. A lot of people do that in my state.
It marks the excellence of Ramsey and the group to address problematic advice given rather than use the 'delete video' approach. The original video- advice was very incomplete, but in this video it was Well done.
And I'm sure you would give compleat advise on a few minute call. The problem (other than spending all she made in the first place) if they suggested meals on wheels, she would say, "I don't like their food and I would have to be home to receive it." And she couldn't get along with a roommate. Etc.
@@greggpurviance7252 She was 37 when her daughter would have been 18. What did she do with her money for the next 43 years that she was working?
The hate must have been extremely bad for Dave to think he had to address it.
I know I don't comment negativity on Team Ramsey videos. This one drew a harsh rebuke from me.
@@FuzzyWuzzy01 Same for me. I was shocked by George's harshness, and I'm even more shocked by the brutal commenters who want to punish her for being poor at 86. What a world.
I think he got more hate on the 4% withdrawal but Dave said nothing
Not really. It's called promotion of the show.
I saw the episode, and i was frankly shocked. I think the younger guy hasnt had enough life experience yet to counsel older people
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to over $750k.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Rebecca Nassar Dunne is the licensed coach I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
Love that they came back and addressed this. Shows once again that nobody can really replace Dave and his wisdom and experience. I feel like they need to hire a Ramsey Personality that is someone maybe in their 50's that has more life experience than all of the younger people they currently have.
Dave literally agreed with every recommendation they made except for the get a job part lol that woman had every reason in the book why she couldn’t do anything outside of sitting there and becoming poorer
They tried. Chris Hogan couldn't remember the Baby Steps even after years on the air.
Chris Hogan was great bt there was a falling out
@@arh1234 Wasnt it a bigger issue of morality?
@@whosaidthat9265 And that is what most of us reacted against plus the lack of empathy. Many said that Georgie could have worded his advice with more empathy but he was kinda impatient and did not let the old lady finish her sentences. I did not even hear her specific monthly expenses so that we can actually do the math and find out which expense needs cutting.
I was screaming at the TV to default on the credit cards. Only thing it hurts is her credit score. It's not like she needs to take out another mortgage at 86.
The credit companies can take her to court and find ways to retrieve their money. Don't be surprised if her social security was touched.
@@Music-yq8qc That's the thing I disagree with about what Dave just said. She could be in even more trouble by not paying the minimum on her credit cards. If they start garnishing her social security checks, she will be far worse off than she is now. It would be best just to file chapter 7 because that would protect her social security checks.
@@vickieclark5931social security can’t be garnished
Social security can’t be garnished Not on credit cards at least
And at her age she’s judgment proof.
I wish Dave call her back. Wish her the best! I felt sorry for her that day.
Thanks for chiming in Dave. I listened to this call and the only part of the advice that I took issue with was when George suggested she get a job. And when he reminded her that she didn’t set herself up for success. As if she needed a reminder. This is probably all she thinks about George. She probably worries about it all day every day.
Love Dave’s suggestion to default on the credit cards and /or sell the house. Neither is ideal but in this situation each would create some breathing room.
I listen to your show often and love how much you all help people in tough situations. This isn’t to say my opinion matters to anyone. But I do have an elderly mother who is struggling like many are. A little situational awareness on George’s part would have given this woman hope.
Selling the house is terrible advice. All of you who don't have any clue how to navigate poverty really need to face your own ignorance and limitations.
I don't always like what Dave has to say, but I think he perfectly nailed every aspect of this.
Good for George to respond to criticism lol. Still asking an 86 y/o to go back to work is wild man 😂
Historically, everyone worked until they died. "Retirement" for the masses is an invention in the past ~60 years
She had every excuse. If she didn't want to go back to work, she should ask her daughter if she could move in and pay rent. No time to fix relationships like now.
Should ask George if that lady was his mom, would he still let her go to work at 86? come on dude..... no wonder Dave had to address it.....
There are 90 year old wal mart greeters that didn’t save for retirement
@@drtij_dzienz Yes, which is sad to see. You also have to take into consideration the generation. When that 90 y/o was 20-25 it was in the 50’s, a time where it was truly a man’s world and women didn’t have access to a 401k with match or pension automatically like they do now. Not to put an excuse but those times were indeed quite different.
George really told an 86-year-old woman to get a job 😂
George is a loser and need to be fired
@@dandiaz84nah he isn't. He's winning financially. He does better on his own channel with other financial gurus.
@@dr_pinna543 he can win financially but still be a horrible person….which he is from his advice.
When I first saw the actual call, I thought he was joking but apparently he was not. Yea, that’s messed up
@@marcusareliusWhy? She is unwilling to do anything and just make excuses, a single mother at 19. That was 67 years ago.
Again an 86 year old who continues working is one thing…an 86 year old RETURNING to the work force after years of not working and with health problems is something else
I heard the call. The main issue was they would give a suggestion and she would say how whatever they said wouldn't work. So it was kind of pointless anyway.
@@silentnot4812 As I recall, she said early on that her health problems were "manageable" (her word), and didn't mention the leukemia until after George suggested getting a job. Then suddenly she had low energy too. I think George specifically asked her about her health, maybe to gauge whether or not she could work. It really makes me wonder what she's been doing since her daughter/children left home? She could have gotten a second, part-time, job to save for retirement.
She was full of excuses. She even mentioned that she was a single mom since 19years old and received no child support. It’s like ok, your daughter is grown and living a good life. Why didn’t you work and save. Everything was an excuse and you could tell the host were over it by the end 😂
This!!!
@rebekah.2187 this is what happens when children try to give Financial advice😂 they don't know what 86 is 86 is 56
@@PoyTroyshe worked till she was 80 and her house is paid off😂
“Yeah, but we’re not the ones that didn’t set ourselves up for a bright retirement” - George Kamal to the 86 yr woman. Classy.
And let’s be honest, the producers highlighted the call as a cautionary tale, more than to help the woman.
At 86, credit cards would not matter to me
My mom lived to 98, might be a while to default, Dave giving her a death year was a little odd
@@deb9806 I’m not talking about default. It wouldn’t even be on my mind at that age
They’d just garnish your money lol
It seems like they matter to her since she uses them to buy things she didn't earn.
Not necessarily the case. The stress from constant debt collection calls and nasty collection letters can increase the likelihood of heart attack or stroke. Not kidding. Perhaps better to get a bankruptcy reset. See Deuteronomy 15: 1-2 (Dave's least favorite Bible verses). She' would keep the house, the car, households goods and soc sec.
I appreciate that Dave said she might consider default on the credit cards. The predatory CC’s can eat the loss in this one.
Exactly!
They won't have to. They can't take her house while she's living, but they can take part of it after she dies. By which time the bill might be all of the house.
Hows she going to live once credit card companies stop giving her credit?
@@KennedyIvy social security income
She's living on the credit cards. Anytime there's an expense that causes her expenses to exceed her income, it goes on the credit cards. She won't choose to default on them because she needs them. She'll keep piling up more debt on them until she can't make the payments.
The way Dave turned it into a teaching moment for George was impressive! 👏🏾👏🏾👏🏾
So glad Dave addressed this!! That call had me HOT!! It’s a learning opportunity. Outside of him telling her to get a job, it’s the condescending tone he took with a lady who sounded half dead !
@kay I totally agree. I heard this call when it first aired and I was like....what George? Oh heck no!🙄🙄
I hope they called her to tell her this. That hurt me dearly for her
Yes. If they really want to clean it up they should call the person whom it was inflicted upon.
Tell her what? She refuses to do anything that will help.
Sell the home, sell the car, rent a centrally located apartment near all amenities in an aging in place facility. Do not pay off credit cards, only use debit. Enjoy the remaining time on this planet.
Sell her house and rent the rest of her life and she'd have money left. 600K neighborhood. Her house is probably worth more than she knows
I'm so glad to see you reviewing that video. As a person who has always pushed for financial responsibility, I saw my mother struggling to pay miscellaneous bills when she was 78 and suffering from lung cancer. I told her the same thing you suggested, Dave -- don't worry about those bills. I suggested that paying $5 a month would be okay if it made her feel better. (Oh, and I believe the dog only cost her about $200 in vet bills for that one instance, not every month.)
It was a single vet visit. I don't know how people get so focused on one random data point.
When I watched the original video last week, I was practically shouting at the screen, QUIT PAYING THE CREDIT CARDS! Glad Dave came back and suggested it.
Didn’t realise she was living with Leukaemia as well… she barely had the energy to speak on the phone 😢
She owns her house free and clear, she just needs a reverse mortgage or a heloc.
Keep the dog
@@johncameron4194 Absolutely. her dog is probably what keeps her going. Some things you can't put a price on, especially at that age.
@@johncameron4194the Ramsey Show HATES animals.
@@vestagirl8484they do not hate animals. They hate people making purchases they can’t afford and for some people they can’t afford to look after themselves let another an animal.
This is the first "Dave reacts" video I've seen. I like it!
If I was 86 in that position with failing health, I’d skip the debt. Don’t pay. I agree completely with Dave.
I remember that video. My comment on it was that she is one of the few people that could actually benefit from a reverse mortgage. Sell the house out from under herself and live in it for the few remaining years of her life. Apologize to her daughter that there’s no inheritance
I had that thought too. But I really don't know the details involved with a reverse mortgage.
Reverse mortgage is the answer . She will live in her home as long as she physically can. And the mortgage gets paid when the heirs sell the house.
@@azbuckeyegirl9523 it’s a financially stupid decision. Basically you’re selling the house and the mortgage company pays you monthly for it until you die and then resells it and collects the money when you’re gone. It’s how to sell your house and keep living in it temporarily. Only do it if you’re about to die and don’t have anyone you want to give an inheritance
I was scrolling to find this comment. I don’t typically like reverse mortgages, but this woman’s problem was income, which defaulting on her credit card would not solve. Selling her house to try and find cheaper accommodations seemed Ike it would raise her cost of living- but at least she would have the proceeds in the bank. Staying put in her home with its low expense and a steady stream of income would probably be a good option. I wonder what Dave would say about it?
@@Louie_V71 Dave would say absolutely not, purely on principle. Dave’s thing is to give advice for the general public so he will only give advice that is good advice for everyone
Thank you for revisiting this phone call. Your podcast will only strengthen when you are willing to review less than optimal recommendations. It shows humility.
I was astounded when George suggested that the caller returned to work at 86 years old. I have neighbors here who are younger than 86 years old. They can barely move or follow instructions or discuss mundane issues.
It is not the end of the world, George. We all make mistakes and learn from them. It is indeed difficult to think and solve problems right off the top of your head over a telephone phone call.
More importantly, I hope the caller is okay. And, George, I hope you are okay too.
Dave, I'm doing this work too, because I really care. Never trolled or redit. I've followed your work for a long time, and never commented before, but I couldn't help it with the 86 year old caller. I appreciate you, and that you are actively involved in mentoring young George. Well wishes to you both. Was there any follow up with the 86 year old? 😊
The right response was don’t worry about your debt. You’re 86. Take care of yourself
Or, ask your daughter--the child you reared singlehandedly--to help you.
@@kellibuzzard9431not the daughter’s responsibility! She should’ve managed her money her adult life! Just because she decided to give birth to a child doesn’t mean the child owes her.
I heard the original call and my heart bled for her! Never rehome the dog with a 86 year old who lives alone! Downsize in housing, get a nice roommate....
Working at 86…breaks my heart.
So is making poor decisions for 86 years.
So she has been a single mom since 19? Bad decisions for 67 years? What did she do from 40 onwards once the kids were grown?
My co-worker is 89...ppl don't believe me 😂😂 her sister is 96 and the both work everyday
@@untouchable360x BINGO! I'm not planning on working at 86, which is why right now in my 50s I'm getting things taken care of. That's what we all should be doing so that we can enjoy our retirement.
@@untouchable360x Yes, blame kids for being born.
To the estate of this 86 year old….. credit card is UNSECURED Debt. The CC company will want their money but you have NO OBLIGATION to pay
They can get paid from her estate when she dies though, which means the heirs are forced to sell the house and lose some or most of it. Which is not really a problem for the caller, but it might be for the heirs.
Who cares about the heirs. It’s about the woman now. They can sell the house and pocket the rest .
@@SalisburySnakeWas in the situation. Sold my Moms home. Key she should have a will. Get a lawyer to Transfer the deed out of the estate to the heirs. Then sell it because it's your house not hers
Told CC card company to call Momma and if they can get her on the phone then make her pay. Dave said it…THEY loaned her that money
Unless they obtain a judgment
@@karloliver4949 Been there done that. These credit card companies write off so much bad debt... that's why their interest rates are ridiculous. They aren't going to work that hard because it's a tax write off. But go ahead... pay them. And they can get a judgement on the estate.... if all the assets are gone... then what? Ruin my Dead Momma's credit? Garnish her wages? Call Jesus to send her back so she can pay? They CANNOT come after anyone not on that card and they know it. So they intimidate you and the weak fall for it.
I love seeing Dave sticking up for his people. He is a man of integrity and that's why folks love him. Honest mistakes happen
This is why I only watch episodes with Dave in them. He uses the Ramsey method, but he’s also realistic and he actually tailors his advice to each person and comes up with out of the box solutions as well. The others just go down the list of prefabricated advice to the point where I know what they’re going to say before they say it. It’s like they’re afraid to go off script. “Sell everything, get a second job, get out of debt, save up an emergency fund…. Etc.”
They're destroying his show and his reputation, and he's letting them.
Unlike us, they DO try. Obviously they get it right most of the time. Maybe mistakes were made with this caller.
I saw the original show, when he suggested she go back to work, then gave her sh!t for not planning better -I was stunned. That poor lady probably beats herself up everyday about her situation. She didnt need to be scolded like that, especially now. What was the point? Maybe he doesn't have anyone close to him who is elderly. Anyway, one bad call isn't the end of the world. I hope that lady's daughter steps up to help her out.
I am glad that you revisited this disturbing call and yes, telling her to get a roommate is a great idea. I have been working with seniors my entire career and I urge you to show this lady some grace. She is not a spoiled teenager who doesn't want to take your advice. She is 86! I know many people who are commenting here are young and can't imagine what it is like to be 86, but I am telling you, eighty-six is OLD! She might not have even heard what George and Jade said through the phone, let alone had the time to process it. There might have been some cognitive issues involved, maybe even some dementia. Just imagine you are on that call, live on the air, and you have 5 minutes and George and Jade are asking you all these rapid-fire questions? That would be challenging for a 30-year-old College Graduate, let alone for an octogenarian. Plus, she has leukemia and she is scared and the fact that she picked up the phone and dialed the number is a huge accomplishment. At this point, it actually is the daughter's job to take care of her and make sure that she is safe. Or, as Dave said, ride it out with the credit card bills....But please no more comments like: "she doesn't want to do what we said" or "she should get a job"....
I noticed that she was having trouble hearing/understanding them. At first I thought, maybe she could work from home, answering the phone, but I realized that idea wasn't going to work. Is telling her to get a roommate really a good idea? I'm worried about someone taking advantage of her. That's the last thing she needs.
@@rebekah.2187 I actually just had that happen: I was caught in the recent flood in Miami and needed to get Mazda roadside assistance to tow my car. The lady who answered the phone must have been in her seventies, she couldn’t even work the phone, let alone help me. It was a harrowing experience….. and about “our” lady from the Ramsey show: 86 is REALLY old. We can’t expect octogenarians to work. It just isn’t happening… yes, there are always the outliers, those who complete a Master’s degree at 105, but these are unicorns…
She’s still using being a single mom at 19 as an excuse for where she is at 86. That’s not a woman who takes responsibility for her life.
Reality, not every age and situation is the same. My father had a heart attack at 42 went back to work and died on the job with a widow maker at 42. My mother had scared lungs from getting hooping cough going around the nurses as she was born (a life long struggle of breathing full breaths) Dies at just turning 48 . LESSON , one size does not fit all, and you have to walk a mile in someones shoes to see the full pi ture. I think am over this whole internet thing . People seem to think pretty highly of themselves and there are those that have had more than their far share of tragedy and keep on going (but it doesnt look perfect) . Have a blessed day everyone
Woah 🎉 this is good content where dave reacts to their personnel's advice
Yeah, I hope they make this a regular thing! 🎉
@@EsiriE I agree. I love it! It's good also, so that Dave can make sure everyone is on the same page. He should definitely do this more often. Sometimes it's great for a laugh like this one was.
Mr doloney needs a talkin' to. He is the fakest tough guy I have ever seen on interwebs.
One of the most annoying things is when the alternates give advice that wouldn't remotely be what Dave would say. They all are guilty of this. Hopefully this is a learning experience.
@@vickieclark5931 exactly because alot of people in the comments say “I wish Dave took this call” so it’s good to see his thoughts. Lol.
Dave said exactly what I did!! Default on the cards. People said I was wrong and immoral. I was right!!!!
Right! I knew Dave would say screw the credit card company. What are they going to do to an 86 year old anyway? Paying for food and shelter takes priority.
You took money and never gave it back, I don't understand how you could possibly say you were right
See Deuterononmy 15:1-2. Bankruptcy reset.
@@karloliver4949 it literally only applies to Israelite during the old testament, which was are now old rules. But they're out of context anyways, just like we no longer have to sacrifice animals as it talks about in chapter 14
It is immoral to borrow money and not pay it back. There are times where it is unavoidable though. Not sure this is where she is at. Maybe she is
I’m actually a certified life and executive coach and I commented on the original video. I suggested that she talk with her daughter and ask her to help supplement the $200-250 per month for the remainder of her life and in turn when she passes her daughter can sell her house and get that back plus the extra equity from that.
The daughter gets the house anyway. Why would she ante up money to someone she doesn't get along with? Old lady needs to sell her house, pay off her debts and get a senior apartment or mobile home.
Why are people saying the daughter needs to help. The adult in this situation screwed herself to where when she is 86 that she can’t afford to live.
Why not get a bankruptcy reset? Zero out the 30k in cc debt. Keep the house, car, household goods, and retirement income. Credit back up in 6 months. The stress of debt on an elderly person can be life threatening (stroke, heart attack or other serious health ailment). Then should could use the money she was paying for cc for savings.
You assume the daughter has extra money. If she is in her 60's, she might need all her income. She also needs to think about her own retirement. It is time to look at social assistance. Food banks, meals on wheels, and all the companies that help people like this.
I love that Dave respectfully addressed this but still stood behind George. This was a very difficult call/situation to navigate, and Dave knew this. He supported George and stood behind his team. Real class. 🙌
Love that you guys followed up on this call. It really is a reminder to me to execute my plan to be settled in my last living spot by 75 yrs old. It is difficult to make that change of residence as we get up there in age.
That's my takeaway, too. I just turned 60 and I'm honestly one serious disease, injury, recession, war, or God knows what else away from dire straits.
George's suggestions were not necessarily bad. But his tone was patronizing and scolding as if talking to a teenager. Let's see how all you people feel at 86. Selling and buying and moving to a different location is REALLY hard for an old person. REALLY hard. I'm 70 and still going strong but I've helped a lot of elderly women go thru this transition and without some kind of emotional, financial and physical support it's impossible. The only thing I would have advised is for her to swallow her pride and cajole her daughter into helping her. I actually think at her age that a reverse mortgage could work for her, especially if she's not concerned about her daughter inheriting full equity as she spends down the equity. But the important lesson here for all viewers is to plan ahead for not being independent and strengthen your support systems BEFORE you turn 75 which is when the decline starts to happen (I know I know there are a lot of vibrant productive octogenarians but they are in the minority)
For the most part, I agree with you but I think your advice to cajole her daughter into helping her may be wrong. Who knows the type of mother she was - she may have been very abusive and could still be abusive. We also don't know if the daughter has the ability to support her mother without hearing from the daughter.
Excellent comment. Thank you. George really blew this one.
Making those living arrangements by 75 is exactly the learningI am taking from this call.
Yeah he took the call like he would any other call, whereas Dave sometimes puts his gentle hat on.
Agree on that tone. Not compassionate
they are probably roasting George at work lol
“Just stop paying on the credit cards. They shouldn’t have loaned an 86 year old person money so that’s what they get.” 😂😂
Dave keeps things real raw and authentic. I’ll never stop listening to this show no matter what ppl say.😂❤
My mom is 82 and still substitute teaches at an elementary school. Don't stop when you age, it is what keeps you going!!
That's great if you can do it. Not everyone can.
I have neighbors in their 80s, and both work part time at the business they created. Their son runs the business now, but they both put in 25-30 hours in a week. I believe wholeheartedly that is what keeps them going.
What a blessing for both of them and their family. This is called argument from anecdote and it's a logical fallacy.
I heard this live. And KNEW George was going to get flack for it 😂😂. See, this should be done more often where they bring up a previous caller to ask them if they followed DRs advice or not.
He also said that she should consider getting rid of her dog. A frail, sick, elderly woman, whose animal is probably one of the highlights of her life.
Thank you Dave for responding. Your advice is spot on. I'm not one to bitch about it, as you put it, and I've followed your advice for decades and it's put us in a sound position. When I heard George talking to this woman, I came straight up out of my chair, mouth open in shock. I immediately posted a comment critical of his response. I'm glad the Team took viewers' input.
I had an elderly friend that owned a three bedroom house and always had one or two of her spare rooms rented out to collage students. She made out with having extra income and people around and they got a great rent price for the area. It was a win win.
We need more Dave reacting to these new Ramsay personalities. Sometimes their advice is out of line, and I am not sure if Dave knows what they say 😂
They don't use their brains... foe everything they have the baby steps as the answer.. I have a simple thing.. no dave and I'm not watching these goobers
she should be driving Uber with that Buick, and I hope George will be the first one she picks up 😂😂😂
😂😂😂
Agreed! The rest of us will stay away from an Uber driven by an 86 year old woman.
🤣
You cannot drive for Uber if your car is more than 10 years old. She has a 17 year old car. And you have to be sharp to be an Uber driver; you can’t be 86 years old and barely able to look over your shoulder. Driving for Uber means you are dealing with all kinds of people including drunk unpredictable people.
Thanks for addressing this Dave and George. I know that you can't always get it right when you're answering the questions live. I appreciate the way this response was handled.
Now react to the taylor swift tickets thing dave!
I agreed with Ken on that one.
That wasn't spicy
Poor people buy Taylor Swift tickets. Rich people sell them.
The whole comments section was torn like never before on that one
I am fine wit that advice given there since the daughter has to pay her student loans and not her mom who bought those tickets. And the mom had no intention of paying off that debt anyway so why the sudden change now?
I'm glad Dave cleared the air I listened to this episode on the drive to work and when he told the 86 year old to go work I screamed 😂
The worst wasn’t even “get a job”. The worst was blaming her for situation. Shame on you at that age! She was a single mother. She paid for her house. She worked until she was EIGHTY. Inflation is insane and George laid it on her thick. Heartless.
She was only in that situation because of 6+ decades of stupidity.
I hope I don’t experience that level of hardness from others when the consequences of being an imperfect human being catch up to me one day. Does anyone believe in kindness and graciousness anymore?! Give it to get it.
@@4Him4Ever The last time kindness and graciousness existed in America is ... well, NEVER!
@@amireallythatgrumpy6508Thankfully, I’ve experienced it in my life with friends and family. I feel for this woman who got pummeled by George and Jade.
@@4Him4Ever You expect me to believe that? Nope, you don't even know what it is.
I said to just default on the CC's...also make sure she's getting all of the senior benefits she can - including food stamps, reduced heating, reduced property taxes, etc.
I said to default too but people said that I was immoral for suggesting that😂
@@angryox3102 What's immoral is trying to take an 86-year-old woman's house and even her dog.
@@franciskeys9810I agree wholeheartedly.
This is what I said to the original video:
Sell the house, get an apartment. Even selling for 200k and renting a $1500-1800 apartment in Jacksonville is easy to find. Pair that with her social security and she’s covered for the next 8-10 years. Take 150k of that 200k and put it in a GIC (if possible) and at 4.5% in 1.5 years, she’d earn an additional 10 grand right there.
She doesn’t need to work.
She wasnt interested in selling the house or moving. That was a huge part of the problem.
@@Chet_24 yeah that’s true, she wasn’t interested in any sort of change, just like most people who call. A lot of them just want a simple easy fix.
And if she lives another ten years and rent goes up to $3,000 a month, then what? What if the Fed drops the interest rate and inflation goes back up so a GIC is actually a negative return? This is terrible advice.
@@franciskeys9810if she lives to 96 I will pay for her 😅
Absolutely. The answer is to sell the house and rent. Maybe even rent a room from another elderly person. George made it sound like renting would be horrible because the cost goes up. But she only has a few years left, so that doesn't matter. And, she doesn't need to be maintaining a house at this point. Telling her she should buy a different house is crazy. About as crazy as telling her to get a job.
George: Are you able to work?
Caller: I'm 86
Bizaro George: Have you considered Only Fans or streaming?
Funny enough there’s an audience for that.
@@DeathSpellXVI I suspect if George had sugested that Dave might have fired him, don't think Dave is for that.
"Do you have feet? Are they nice?"
@@jshepard152😂
I was another critical of George's advice to an ill 86yo woman, and not trolling, I was genuinely horrified. My advice on the original video was to find out the local services in her area, like foodbanks (I don't know anything about the US food stamps). Further, there may be organisations in her area that can help with vet services, rather than the horrific advice of "give up the dog". Pets are quite often the elderlies' lifeline and sole companionship, quite horrible to say to 'get rid of' the pet.
Her main 'over budget' probably stems mostly from the CC payments, and if those were gotten rid of (either by default, or by donations - hey you Ramsey millionaires, give like no one else, here is your chance to step up), and if she was able to connect with the other services like foodbank in her area, then although she would be living humbly, she would get by.
George needs to realise, many elderly just are no longer capable of "get a PT job". My mother is a similar age to this lady, and was up until the last year fairly active, but now she is no longer physically capable beyond looking after herself and house, she does not have the capabilities of extra on top of that.
Great job on Dave giving his take and supporting George at the same time! Everyone makes mistakes or says the wrong thing sometimes. Keep on doing your thing, George!
Daddy Dave apparently heard the backlash of George suggesting an 86 year old woman to deliver pizzas 😂😂
I think it's really cool that they reviewed this. This was a good follow-up. I just hope the lady hears this follow up or they reached out to her.
Yeah, a Golden Girls situation would be great for her. Have 2-3 other senior women living there and help her get ahead on things. She could charge them $400 each and would do okay with surviving.
LOL, I love that Dave supports his people like that. Yes, make fun, but also defend them.
Love George’s ‘inncocent’, “this is how I came up with the idea”. Keep going George. We value your effort and input to help people with their difficult situations
George has worked to be the young relatable dude..unfortunately he's dismissive, robotic, and cringe.
If anyone deserves social services. It’s the elderly, veterans and the disabled
Caller: I’m an 86 years old woman and in debt with only $1200 a month coming in.
George: McDonalds is paying $20 an hour in California. Can you commute? Do you have a car? You can Uber. Best times are 12am to 2am when people are getting out of bars. I’ll send you Ken’s book on getting a dream job! Plus you sound anxious. I’ll send you Dr. John’s book too. I hope this helps!
Love this type of segment! Great way to coach the team and pass on the knowledge while also coaching the audience. It's helpful to hear the process of how Dave thinks through the problem and gives advice, so we're more empowered to find solutions ourselves.
I agree
I have always had mixed feelings with Dave Ramsey solutions attitudes they give to their followers. But this is one of the times I like his answers.
THIS is leadership! No humiliation, just fun and learning. Thanks Dave for always being such a great example.
This is one of the best Dave Ramsey clips ever.
I hate the government and everything that they do, but if this lady doesn’t have a church or a family that can help her this is the exact time where someone legitimately could use some help from the state. These are the type of situations that assistance programs are made for. To keep a poor old lady from having to sell her house or get a part-time job just to have a meager living.
I’m surprised George didn’t say “can you drive for Uber ? Deliver pizza ?
Maybe live on rice and beans?”
Love this accountability. We all need a George in our life!
George being heartless to an 86 yr old lady :
Dave: “God George”
He wasn't heartless. He gave her multiple suggestions, all of which she rejected.
@@KathleenMcNeyeah like selling her 250k house. After fees and commissions she would have 200k oh yeah, he also told an 86 year old to go back to work.
@robertowhyte2836 She's unwilling to cut any expenses, so she has to increase her income.
Applauses for Dave Ramsey addresses the different opinions on George Financial advice to the 86 years old lady. The core issue is why can’t we/society take care of 86 years old patient? At her age, she should not be worrying about affording basic living expenses. Work should be optional for leisure not for survival . There are so much funds wasted at all levels of governments, foreign aid, bogus organizations, yet we let some of seniors live with constant worrying .
For most of human history, your family took care of you when you were elderly, just as families took care of their infants. Now, we have daycare and nursing homes... and loneliness.
Why didn't they bring up seeking any social programs that help the elderly with bills. There are also local food pantries that can help offset the food costs. There are churches that will help and even deliver food and household items to her. I know Ramsey is generally anti-welfare and against dependency on social programs, but she is past the point where she can do this herself and needs social support.
They want to protect their brand. She could easily get benefits and extra help
There's the heart of Dave, helping with tough LOVE. Dave gives strong guidance with Empathy, with God in his heart and years of experience.
Yup! Dave needs to do these reviews more. I love them.
What great is that there are SO many viewers!! We love all of the the Ramsey people... And everybody goes their best.
I want to see Dave responding to George’s 4% withdrawal
He already got mad about that lol
The stock market was flat during the 2000s. If you had withdrawn 8% a year, you would have lost most of your money and never recovered.
@@bigd9040and unlike here, Dave was the one who was wrong
This might be the best advice I heard Dave give in about a year.
That's what a lot of persons were saying. Just forget about the card and enjoy the rest of her life. Let them claim it from her estate after. The truth is as you've said, she doesn't have that much time left.
It's not that we hate George.....we just didn't like the advice this time around.
I’m impressed that Dave addressed the controversy and other options were discussed.
The actual answer is to sell the house, move into an assisted living until you run out of money, then you're on medicaid and in a nursing home. That's the route
Geoorrgggee!! That was brutal! LOL Love that Papa Dave still has your back and giving sound advice to the caller.
I think this is one of the rare cases reverse mortgage can be one of the viable options. Just make sure she has somebody she trusts to review the numbers.
Can we make a go fund me for this woman, my heart is so broken for her 😭😭😭
I was someone who posted on the original video saying George was ridiculous to ask a 86 to get a job even as a suggestion.
Thank god for papa Dave... George learn from the guru and admit when u say daft things.
Love ya Dave haha x
Admitting when you are wrong about something and following Dave's example are mutually exclusive.
Same here. I went off on George. Credit to him for reviewing this call.
I'm not sure we should assume he had a choice 😂
@@dazzles8805 Yeah, she didn't want to follow any other advice he gave her. If you are going to be so bad with your finances where you have to work into your 80s, then that is what you will have to do.
To be fair I did chuckle when she said "I was a single mum at 19" ... I was thinking 🤔 damn woman that was 65 years ago. She did have tons of resistance and excuses and I feel for the old lady bless her.
But you can't say to a 86 yr old to look for a part time job and not get hammered for a daft piece of advice 😂