Unforgettable Calls Vol. 1 | Dave Ramsey's Greatest Hits

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  • Опубліковано 11 лют 2024
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КОМЕНТАРІ • 1 тис.

  • @isaiahmartinez2061
    @isaiahmartinez2061 3 місяці тому +2487

    Anytime I think I'm worried about my financial situation I watch this show and realize I'm actually doing pretty good.

    • @skeletor4115
      @skeletor4115 3 місяці тому +20

      I gonna create a shortcut for this one

    • @homeboy391
      @homeboy391 3 місяці тому +2

      Lol! Funny

    • @bruceyung70
      @bruceyung70 3 місяці тому +4

      😂😂😂

    • @Digital860
      @Digital860 3 місяці тому +3

      😂 same

    • @ericlopez-fo3iq
      @ericlopez-fo3iq 3 місяці тому +42

      Lol😂😂 exactly , this is the financial version of watching maury 😅😅

  • @JimmyMook
    @JimmyMook 3 місяці тому +2012

    They need a “where are they now” episode.

  • @sherlytanco2835
    @sherlytanco2835 2 місяці тому +797

    I’m going to be debt free in april. I’m so excited.🎉
    Update: I’m debt free yaayy 💃

    • @cesarcolli1042
      @cesarcolli1042 2 місяці тому +16

      Congratulations!! Keep it up

    • @brazzzzz
      @brazzzzz 2 місяці тому +3

      HELL YEA

    • @jeffosborne5768
      @jeffosborne5768 2 місяці тому +8

      June for me!!!

    • @James-qt9dj
      @James-qt9dj 2 місяці тому +6

      CONGRATULATIONS don’t give up and stick with the baby steps. Worked for us.

    • @Zigglemier
      @Zigglemier 2 місяці тому +2

      Nice!

  • @Riceblox2000
    @Riceblox2000 3 місяці тому +711

    Im surprised he didn’t bust out laughing when the first caller said they work in government. Really explains their spending lol

    • @carmenross1077
      @carmenross1077 3 місяці тому

      I said maybe they can replace AOC so they can get some bribes or something, politics is one big craft of corruption and lies, not all but it’s predominant

    • @Riceblox2000
      @Riceblox2000 2 місяці тому +45

      @@mrbean7888 obviously you haven’t heard Dave say “spending like you’re in congress”. It’s because of how the government spends. Sorry things go over your head

    • @Riceblox2000
      @Riceblox2000 2 місяці тому +16

      @@mrbean7888 look, 70 people understood my comment just fine. Clearly it’s above your head so move on.

    • @TioMogi
      @TioMogi 2 місяці тому +3

      ​@@mrbean7888 sounds like cope from a government worker 😏

    • @gorshenbag
      @gorshenbag 2 місяці тому +14

      It’s scary how many politicians can’t even manage their own finances.

  • @MNBN87
    @MNBN87 Місяць тому +256

    MBA with 300k credit card debt sounds like... Me, software engineer, not knowing how to turn my laptop on.

    • @kimi651
      @kimi651 Місяць тому +1

      Lol...too funny

    • @techtherapy9467
      @techtherapy9467 Місяць тому +2

      Exactly bro 😂

    • @chittalkstudio
      @chittalkstudio Місяць тому

      I’m so confused

    • @talaverajr391
      @talaverajr391 Місяць тому +4

      ​@@chittalkstudioMBA= Masters in Business Administration. Yet she is 300k in debt. Still confused?

    • @roketynoramallorca2882
      @roketynoramallorca2882 Місяць тому +4

      I dont get it how people are allowed to get so much debt. Is this an american thing? No bank here would lent me that much money.

  • @skorpyo331
    @skorpyo331 2 місяці тому +143

    Say what now
    Caller:"I m a million in debt."
    Dave: "Stop buying stupid stuff."

  • @618thrift
    @618thrift 2 місяці тому +250

    I’m glad I paid 27k off of my student loans in 4 months by working and paying as much as I could on them. Now I’m debt free! Next step is a house! (Just turned 27)

    • @jogugaga7121
      @jogugaga7121 Місяць тому +1

      💪

    • @master_your_English
      @master_your_English Місяць тому +2

      Go, mate! 🎉🎉🎉

    • @andrewgundy3045
      @andrewgundy3045 28 днів тому +1

      Good luck mate

    • @Antbeast23
      @Antbeast23 26 днів тому +1

      I got about 7k in credit card and car loans and 8k in student loans . It’s not a lot but overwhelming still considering I’m not making stable income lmao. If I can find a stable job and income I can pay it off in a year or so. 😢

    • @RuEd294
      @RuEd294 18 днів тому

      Wonderful!❤

  • @joevanweedler
    @joevanweedler 2 місяці тому +296

    I started watching Dave right after i bought a 20k truck in 2018, realized it was a terrible financial decision at the time. Since then I've doubled my income, married my wonderful wife and i pay off the truck next week.

    • @jogugaga7121
      @jogugaga7121 Місяць тому +4

      Top ten things that didn't happen.

    • @jongenness3509
      @jongenness3509 Місяць тому +45

      @@jogugaga7121I don’t see how this couldn’t happen 😂this is very possible, he paid off a 20k truck in 6 years and doubled his income? Your comment is wild. lol

    • @jogugaga7121
      @jogugaga7121 Місяць тому

      @@jongenness3509 I was talking about him having a wife as a guy who bought a truck in his youth.

    • @rumbi4603
      @rumbi4603 Місяць тому +9

      congrats on the payed off truck bud!!

    • @W_I_I_N
      @W_I_I_N Місяць тому

      right??? if he double his income it shouldnt take 6 years to pay it off lol@@jongenness3509

  • @JohnnyJolter69
    @JohnnyJolter69 3 місяці тому +314

    "We're not ready to talk marriage; until we're ready to talk money"- Words of Wisdom to Live by forever by Mr. Ramsey

    • @pattyajones
      @pattyajones 2 місяці тому +4

      YEAH BABY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • @roadrunner9622
      @roadrunner9622 2 місяці тому +4

      Yep. A potential spouse that won't talk about money? That should be a non-starter. Credit will allow you to delay facing money issues for a long time. But one day it WILL force its way in and make you face it.

    • @crowtservo
      @crowtservo 2 місяці тому +5

      Yeah, my wife refused to talk about money until after we got married. She said money shouldn’t matter, just our love does. Well, we are still paying down her student loan and car…

    • @kamdenbrothers8089
      @kamdenbrothers8089 2 місяці тому

      ​@@Foodie.206if you can't trust to share money with them you just shouldn't get married.

    • @Kindcaringsoulgentle
      @Kindcaringsoulgentle 2 місяці тому +1

      AND I bet a lot of folks don't even think of this before they jump in with both feet and emotionally. That scares the living heck outta me!

  • @zachking7182
    @zachking7182 2 місяці тому +239

    I have a strong feeling the First Lady didn’t take any of his advice😂

    • @MidwestFarmToys
      @MidwestFarmToys 2 місяці тому

      Certainly she didn't. You can just tell by the voice. Politicians are a certain breed who think themselves above the rest of us.

    • @amarrookie1097
      @amarrookie1097 2 місяці тому +7

      Love is blind

    • @Kaotix_music
      @Kaotix_music 2 місяці тому +18

      She was honestly better off just filing bankruptcy lol. I think he gave her every reason on why she should

    • @jogugaga7121
      @jogugaga7121 Місяць тому +3

      women ☕

    • @laurengosh7722
      @laurengosh7722 Місяць тому +9

      ​@@jogugaga7121did you miss the part where she said most of the credit debt is her husband's?

  • @kimmyymmik
    @kimmyymmik 11 днів тому +10

    As a 31 year old first generation American from Mexican parents who NEVER taught me anything about money, I discovered Dave a little too late and unfortunately do have debt, not as much as a lot of these callers, but I am in the right mindset, it’s not too late.

  • @MaddaxxxE
    @MaddaxxxE 2 місяці тому +138

    This channel is solely responsible for my motivation to spend wisely and retire comfortably.

  • @mbank3832
    @mbank3832 3 місяці тому +323

    The first call… this is the type of people that works in our government, let that sink in…

    • @stt5v2002
      @stt5v2002 3 місяці тому +12

      OMG THE GOBERGMINT!!
      Boring comment that is made every second of every day.

    • @mbank3832
      @mbank3832 3 місяці тому

      @@stt5v2002 tell me you love to shove your problems under the rug without telling me

    • @matthewhambrecht2414
      @matthewhambrecht2414 3 місяці тому +34

      @@stt5v2002 is def a govt drone worker lol

    • @SnifferSock
      @SnifferSock 3 місяці тому +9

      ​@stt5v2002 take a wild guess who caused most of societies problems?

    • @mbank3832
      @mbank3832 2 місяці тому

      @@mrbean7888 yet, you're the one came barking for you being butthurt ...

  • @Kiwiwanderer
    @Kiwiwanderer 22 дні тому +19

    100% agree
    My daughter left school at 16yo with no qualifications. She had a learning disability.
    I told her find a permanent full time job and you can leave.
    I’m not too clever either but a very hard worker and saver. My daughter is the same.
    Fast forward she’s now 33yo owns her own home and has already halved her mortgage through extra principal payments.
    She now is in a job with $85k a car and petrol for personal use. You do not need an arts degree. You need a work ethic, saving ethic and resilience and focus.

  • @bigcahuna42366
    @bigcahuna42366 3 місяці тому +264

    For the first caller, $230K for two people is good income, terrible income for their debt level. I remember this call and was a classic from the pre-pandemic days. Dave should do a follow up call on her, and I wonder if she is still married.

    • @blaze376192
      @blaze376192 2 місяці тому +56

      I've noticed a trend with ppl that have high income but even higher debt. It's like they focused their brain on making money, and have no common sense on how to keep it.

    • @SoloVeracity
      @SoloVeracity 2 місяці тому +26

      230K before pandemic is nuts household income. Bet that's like 280k+ today.

    • @hornetguy9063
      @hornetguy9063 2 місяці тому

      @@blaze376192also remember that a lot of these people do have advanced degrees and the like. So they go on to get all of those status-driven, higher income jobs that they can brag about on LinkedIn. But because they are adults with their own bills to pay and mouths to feed, they rely heavily on debt at a time when others work.
      Obviously these people are extreme, but I definitely know a fair amount of people who seem to spend their 30’s and 40’s paying for what their 20’s couldn’t afford to get.

    • @hornetguy9063
      @hornetguy9063 2 місяці тому +14

      @@SoloVeracitypretty much it. Even in DC, the median single family is around $603k according to NAR. So a household making $280k should be able to do quite well

    • @MollyMA13
      @MollyMA13 2 місяці тому

      @@blaze376192lifestyle inflation :/

  • @hugthenugg6346
    @hugthenugg6346 Місяць тому +25

    To anyone reading this: do NOT treat paypal like a bank account. They can steal your money. It happens all the time in the art community where artists have lare sums sitting in their account and PayPal flags their account and just takes it all away! And they refuse to give ir back, its just lost. So PSA, make sure you always transfer to a proper bank.

  • @sinisterflex0692
    @sinisterflex0692 Місяць тому +22

    The first call is a great example that educated does not mean smart

  • @brucefredrickson9677
    @brucefredrickson9677 2 місяці тому +85

    I still like it best when Dave ran solo because it's easier to follow one person speaking to the caller.

    • @danmeck5978
      @danmeck5978 2 місяці тому +5

      Yes and without the mouth sounds agreeing with him. "Hmm hmm, yep, ha ha, ooooh"

    • @OopThereItIs77777
      @OopThereItIs77777 2 місяці тому +13

      @@danmeck5978he’s gonna be done soon, Danny. … lol he’s phasing himself out. Let the man retire

    • @everydy
      @everydy 16 днів тому

      ​@@OopThereItIs77777🎯🎯🎯 he's been on his soapbox for 30+ years, he's weary from all of our bad decisions 🤣

  • @oma3015
    @oma3015 2 місяці тому +56

    You are used to spending like you are in congress😂😂😂😂😂😂 best line ever

  • @moreclips805
    @moreclips805 2 місяці тому +73

    Years ago, I watched a YT channel called homeless firefighter which introduced me to this show. I followed his lead and moved into my truck bed with a camper shell. Graduated college and couldn’t fathom paying 2k in rent for an apt I was never at. 3.5 yrs later, I have no debt and 150k cash in the bank. Come from foster care so I’m used to having nothing. Separate your needs and wants and figure out what’s most important to you in the long run. For me, it’s buying a house cash out of state and working a low stress mediocre job to carry me through the rest of my years. It’s shocking to hear these stories because I can’t help but compare myself to other successful people around me and in CA there’s ALOT of them. That said, you never know what’s going on behind closed doors lol. I feel great about my situation any time I watch these videos. Thanks for sharing! Probably helps cure a lot of people stress anxiety and depression..

    • @tbprofile1295
      @tbprofile1295 2 місяці тому

      So you moved out of California? What kind of job do you have, or plan to get?

    • @moreclips805
      @moreclips805 2 місяці тому +3

      @@tbprofile1295 still in ca due to the labor rates. Once it comes time I’ll be looking at Colorado, Texas or Tennessee. My background is supply chain and warehouse, so I’ll likely look to be a warehouse lead in a factory or doing 3rd party quality control audits. Both fairly low impact on the body.
      How bout you? What do you got in the cards for yourself?

    • @oNovoRapido
      @oNovoRapido Місяць тому

      ​@@moreclips805 that's brilliant man, well done!

  • @ShalomDove
    @ShalomDove 3 місяці тому +198

    “You’re making 210, spending 310… im about to put you on 30.” Can we do this for everyone who works in government please? I think it would be very healthy for the country.

    • @RJWaynerium
      @RJWaynerium 2 місяці тому +9

      Agreed. Both major parties would simply die out

    • @MidwestFarmToys
      @MidwestFarmToys 2 місяці тому +1

      They don't have to... the "extracurriculars" make them all multi millionaires despite what their "official" salary is

    • @mightyyusuke2387
      @mightyyusuke2387 Місяць тому +2

      AIPAC enters the chat. "So I hear you need $1 mil. I can help you with that. Just change this policy in our favor"

    • @decidocisum
      @decidocisum Місяць тому +1

      See UK. Their conservative diet has done wonders for them.

    • @RJWaynerium
      @RJWaynerium Місяць тому

      ​@@decidocisumhuh?

  • @jessicamaeparkin8093
    @jessicamaeparkin8093 Місяць тому +19

    I live in the UK and started doing the baby steps at the start of 2024. I am now at the start of baby step 3 after saving £1000, paying off my credit card and selling my car. I am so thankful that I came across Dave’s videos as it has changed the trajectory of my financial future.

    • @jackie1710
      @jackie1710 Місяць тому

      Way to go!! That’s great- good luck in your journey! 😊

    • @kimferzoco6755
      @kimferzoco6755 Місяць тому +2

      Regarding the first caller- I disagree with Dave about selling a $300k home to just get out $90k towards the debt. If they have a low mortgage rate, the monthly may contribute to income and with inflation it may make sense to hold that home.

  • @aditib9277
    @aditib9277 9 днів тому +2

    “ you got things that you couldn’t afford with the money, you didn’t have” the most honest words

  • @wrathfirex
    @wrathfirex 3 місяці тому +53

    That deep conversation with that young entrepreneur was really moving. You can't change people easily, so bringing in a family friend is excellent advice

    • @roadrunner9622
      @roadrunner9622 2 місяці тому +9

      I don't know if I believe that call is real. 16 years old and making $50,000 a month using arbitrage?

    • @SubvertTheState
      @SubvertTheState 2 місяці тому

      ​@@roadrunner9622 why not? One of my best friends was really depressed and was out of work. He sat in his room on the computer for over a year. Half a million dollars was his revenue the next year. Lets just say he took performance enhancing drugs and built a web scraper which would gather and collate arbitrage opportunities. He also programmed freelance.

    • @adriangutierrez3196
      @adriangutierrez3196 2 місяці тому +2

      @@roadrunner9622 the beauty of the internet, u can say whatever horse manure u want, and without justfications, people will believe u. you really think a guy that is making 50k a month will call dave ramsey because his mom is "traditional" lmao, i made 6k in options thinking i was going to become rich and the ego that comes with thinking your above the market goes to ur head, can't imagine the guy that makes half a million at 16 would even care what their mother thinks

    • @damanfromtn
      @damanfromtn 2 місяці тому +6

      If he is actually telling the truth, I wonder if he is going to deal with the significant taxes owed. He is going to high school too?

    • @zackcinq-mars2129
      @zackcinq-mars2129 Місяць тому

      @@damanfromtn So true, missed opportunity to warn him about the massive taxes coming his way. Kid probably has no idea

  • @Cymricus
    @Cymricus 2 місяці тому +81

    “you’ve gotten used to spending like you’re in congress” 🤣
    i had this same talk with myself like 3 years ago. took me like 6 months to pay 40k CC off with half their income. they’ll be fine.

    • @lledwig
      @lledwig 2 місяці тому +1

      Any good tips about doing that in such a short period of time?

    • @montanax8127
      @montanax8127 2 місяці тому +11

      ​@@lledwigRice and beans, beans and rice

    • @Cymricus
      @Cymricus 2 місяці тому

      @@montanax8127 bingo. food budget went from 2000 a month to 300 a month. that was the biggest change.
      i took the opportunity to eat healthier, cook for myself (vegetables though, not rice), and to stop drinking all together. and “NO DOOR DASH TONY” absolutely zero door dash, which was my biggest offender. i don’t eat out, so for most people it would be no eating out. and i don’t mean i did it every once in a while. i stopped it completely.

  • @scottgiles3053
    @scottgiles3053 3 місяці тому +126

    The first caller is exhibit A on why our government has gotten us in so much national debt. She keeps spouting off these "advanced degrees", but that doesn't mean squat if you don't actually have knowledge that you can apply in day-to-day life. And she worked in government policy??? Heaven help us all.

    • @eileenwatt8283
      @eileenwatt8283 3 місяці тому +8

      That's their personal choices. The government didn't tell them to get those degrees.
      They sre also living above their means .

    • @scottgiles3053
      @scottgiles3053 3 місяці тому +23

      @@eileenwatt8283 What I'm saying is that stupid people like that are the ones running the government thinking they know better than the rest of us...when they don't know the basic fundamentals of personal finance.

    • @em34ev3r
      @em34ev3r 3 місяці тому +2

      Exactly, the government didn't make her or her husband do anything. They were falsely led by society's advice on getting advanced degrees to obtain advanced careers. Doesn't work that way, and working for the federal government definitely limits your ability to make a lot of money.

    • @canubeleiveit
      @canubeleiveit 2 місяці тому +1

      No shit!!! That's exactly what I was thinking.

    • @gaypreator8547
      @gaypreator8547 2 місяці тому +2

      Most college graduates get that “whatever degree”, only because they studied hard to pass a test. None of that translates to real life, except to just get by. Goes to me, got a great degree - because I could pass the tests. Looked good to everyone but me. Never what I wanted to do. But, these people blow my mind for their utter ignorance. Up side I have never been in debt and never will be. I live comfortably - approaching 75 and my future looks good, except for the direction our Government is taking us. One day at a time.

  • @robb69
    @robb69 Місяць тому +15

    Dave is right. My wife and I spent for a lifestyle to try to keep up with everyone around us mostly out of jealousy. All it did was get us into crushing debt. We got together and made radical changes. To this day when I pull up to a light in my 12 yr old rusty truck to a guy driving a brand new $80k truck I smile knowing he's probably broke and my wife and are are now debt free and millionaires now.

    • @AK-ne4og
      @AK-ne4og 27 днів тому +2

      Excellent. I couldn't care less about what others have. I want peaceful and happy life and that does not involve showing off.

    • @jbdragon3295
      @jbdragon3295 4 дні тому

      I drive a 20 year old truck! So many millionaires are cheap as hell. I knew of one who was living in a mobile home he was that cheap. Being cheap helped to become a millionaire. No need to be flashing. No worry’s about gold diggers. No one knows you have over a million.

  • @LordBass
    @LordBass 3 місяці тому +49

    With Dave heading into semi-retirement, I could use one of these episodes each week 👍

  • @calebniederhofer6529
    @calebniederhofer6529 2 місяці тому +16

    Dave has helped so many people. I cant thank him enough.

  • @pagalhokya
    @pagalhokya 3 місяці тому +70

    These clips are all from the old school studio and when it was "The Dave Ramsey Show". That's when this show was the best! Thanks for the upload.

    • @amyj4438
      @amyj4438 3 місяці тому +14

      Yeah, It's still his show but like he said in an interview.... he wants to retire and if he died tomorrow he wouldn't want everything that was built to collapse because it was solely reliant on him if he died. So they have been transitioning him out. It's actually nice to see him being able to spend more time with his grand babies after working so hard and building an empire. 😊

  • @carterwgtx
    @carterwgtx 3 місяці тому +36

    While I understand I’m a lot closer to these people than I am to being a billionaire…the holes some people dig for themselves really are mind blowing.

  • @JohnSmith-zi9or
    @JohnSmith-zi9or 2 місяці тому +17

    You know you listen too much to the Ramsey Show when you remember every single one of these calls/rants live on the radio. LOL

  • @ParentingIsPlanning
    @ParentingIsPlanning Місяць тому +5

    May God continue to preserve Dave Ramsey and his show, the family and his employees! 🙏🏼

  • @lulabellegnostic8402
    @lulabellegnostic8402 2 місяці тому +26

    In Europe we used to have such a thing as a ‘Finishing School’, where wealthy parents sent their daughters to learn social skills to improve their chances of marrying a man of wealth and position. Which is pretty much what the majority of University education has become these days, but with zero chance of hitting the husband jackpot. That is, if you are investing hundreds of thousands in an education, you’d better be damned sure it will give you an income .

    • @favouritename
      @favouritename 2 дні тому

      In what country in Europe is this happening?

  • @Mohammad-vf1zy
    @Mohammad-vf1zy 2 дні тому +1

    Looking at these episodes with all the “student loans” and realizing the bless we are in when the government is taking care of our education!

  • @tomrizzo1554
    @tomrizzo1554 2 місяці тому +42

    I love these stories it makes me feel like a financial genius

    • @ujayet
      @ujayet 27 днів тому

      It makes me feel broke,, seeing everyone make good money and I’m not.

  • @homeboy391
    @homeboy391 3 місяці тому +50

    I like Dave. I don't agree with all of this ideas but he is trying to help people. That's awesome.

    • @iva11200
      @iva11200 3 місяці тому +2

      What you don’t agree w/? I’m curious

    • @cococock2418
      @cococock2418 2 місяці тому

      No he’s a typical out of touch boomer who made his money during the most prosperous economic time in world history, then tells young people they need to live off ramen noodles.

    • @dutch4117
      @dutch4117 2 місяці тому

      @@iva11200He’s was definitely wrong about bitcoin. At least in the short term. But he preaches long term investments anyway… Also, he’s so against any debt when some debt can sometimes be a hedge against inflation…. But he’s way more successful than I, so who you gonna trust? Lol

  • @menhashuk
    @menhashuk 2 місяці тому +7

    The last 5-6 minutes are pure GOLD

  • @jennifersmall1998
    @jennifersmall1998 2 місяці тому +5

    I feel so sorry for all these people who start out in life in debt because of a student loan. It’s crazy. I live in England, I didn’t go to college, which would have been free by the way. I didn’t want to go university as I could see everyone coming out starting life in debt. I got a job straight from school. Never borrowed money, never had a credit card. I am now 70, live a very comfortable life, no mortgage on my million dollar house, no debt, plenty to live on. My son didn’t want to go to university, he got a job straight from school. He has now just bought the company he works for. He has no debt apart from a home loan which is soon to be paid off. He is 42. University is not the be all and end all. You can get a job and make it in life without university!!!

  • @chrishayes4166
    @chrishayes4166 3 місяці тому +83

    I like how Dave tended to guess "what are you 28?" with these big time in debt calls. Apparently we reach the peak intersection point of youthful stupidity and "oh crap the real world is eating me alive" around that age huh?

    • @harrytipton3996
      @harrytipton3996 3 місяці тому +5

      Im 22 thanks for scaring me. Youre tellin me im not done being dumb

    • @chrishayes4166
      @chrishayes4166 3 місяці тому +4

      @@harrytipton3996 haha at 38 now looking back now I had a LOT of learning and experience left yet to take in at 22. And at 55 I'm sure I'll say similar of my 38yo self (life willing). But I do recall having that 6+ years of work and real world (aka post school) experience in that 29yo range felt like a significant leap in my personal wisdom of the world we are a part of and an influence upon.

    • @harrytipton3996
      @harrytipton3996 3 місяці тому

      @@chrishayes4166 i have idea an things i want todo but i have no idea how to start them. I dont know who i am but who does at 22 i guess.

    • @franciskeys9810
      @franciskeys9810 3 місяці тому

      @@harrytipton3996You can choose a different path. I'm 59 and I come from a working class family. I've never had crushing debt. Good luck to you, sir. You can live a good life. Just live a good live that is within your means no matter who tells you take on debt.

    • @Rome1017Lights
      @Rome1017Lights 2 місяці тому

      It hit me at right at 28 🤣

  • @Jid141
    @Jid141 26 днів тому +3

    The last rant about choosing a good major to escape student debt is a major reason I choose engineering

  • @KJxxoo
    @KJxxoo 2 місяці тому +37

    I think the second caller is wise to not tell his mum. And I say this as a mum of 2 very tech savvy boys. He needs to protect what he’s worked hard to build up. Of course if my boys built up this kind of wealth in a legal way I’d be so proud of them and I’d be asking that they talk to a financial advisor to best utilise that wealth. But I know some parents would take advantage of the situation.

    • @sarahhannah9647
      @sarahhannah9647 2 місяці тому +10

      Not to mention that by not telling her he could get her in trouble with the IRS. Being 16 she is most definitely claiming him as a dependent on her taxes. If she claims him as a dependent she will get in trouble for tax fraud. If he doesn’t file taxes that’s tax evasion.

  • @tappersuzie
    @tappersuzie Місяць тому +1

    I love Dave. Met Dave through FPU back in 2012 .... its taken me years, but I've finally fallen in love with this. This program for success brings confidence, solid planning and peace, peace, peace. Shalom to all.

  • @CrossroadsReloaded
    @CrossroadsReloaded 8 днів тому +1

    Discovering this show from across the Atlantic. The financial situations of some of these people are mind boggling.
    I've been working for a decade, and my way of thinking has been the following: enjoy today, but NEVER spend more than you can afford/pay back in a reasonable timeframe. I've never had much money saved, but I've always kept the boat afloat. Because of this, I see myself as bad at managing finances.
    But seeing that some people are crippled with tens of thousands in debts, I may not be as bad as I thought.

  • @danielroper18
    @danielroper18 3 місяці тому +44

    The first call took my breath away

    • @kathleencooney1518
      @kathleencooney1518 3 місяці тому +3

      I feel rich in comparison! I have no debt ( including no mortgage ) and make 1/4 of their income. I’m wondering how 2 people can spend that much money !!!!

    • @lindap.p.1337
      @lindap.p.1337 2 місяці тому

      @@kathleencooney1518Ding, ding, ding…..i know the answer. They did it blindly and stupidly. They know zero about money.
      What do they drive? How often do they go out? What is their clothing budget? How often do they travel? Are they buying expensive drugs?

    • @lindap.p.1337
      @lindap.p.1337 2 місяці тому

      I do not believe caller number two.

  • @reliefwithoils
    @reliefwithoils 3 місяці тому +8

    Great video compilation guys, thanks for putting these out there.

  • @otonielhernandez6503
    @otonielhernandez6503 3 місяці тому +14

    Yes please, keep posting this kind of content. Love Dave Ramsey

  • @kimyoung7616
    @kimyoung7616 2 місяці тому +20

    I wish that each call was labeled with the year that they called. Great show. I agree that a where are they now would be great

  • @FinnMcCool1916
    @FinnMcCool1916 Місяць тому +5

    Every time I'm about to spend money I hear Dave 'Better than I deserve'. I wish he would do a World tour.

  • @ts440s
    @ts440s 2 місяці тому +24

    The pastor has a great plan for your money kid.😅

  • @crudeboxing
    @crudeboxing Місяць тому +5

    The way she tried to calm daves mind in the beginning by saying they were gonna take a finance class hahahaha

  • @thoughtkeeper5422
    @thoughtkeeper5422 2 місяці тому +5

    I so appreciate his approach when he asks if they are in a good church and to speak to the verse about contentment when materialism is so rampant and brings a spiritual aspect- because really, all things are scriptural.

  • @kinw5648
    @kinw5648 2 місяці тому +26

    Here I am stressing out about my $4k in credit card debt that seems to never go away.

    • @hannassewingschool4874
      @hannassewingschool4874 2 місяці тому

      Did you cut up the card?

    • @kinw5648
      @kinw5648 2 місяці тому

      @@hannassewingschool4874 No, that's not going to help. I memorised the card number already lol

    • @Playingwithproxies
      @Playingwithproxies 2 місяці тому +9

      Try giving the credit card company roughly $4k it works like a charm. Key is not spending anything else on it while you do that.

  • @lauranewman564
    @lauranewman564 3 місяці тому +20

    My son got a degree in History. His dad helped him quite a bit, and so did I, and he worked full time through undergrad. He taught as a grad student and adjunct and worked as a grad assistant, AND got stipends.for grad school. Then he got his PhD in April 2020, right when college/university enrollment dropped 40% because of covid. He's doing well now, but what a nightmare! If he'd done a bunch of student loans he'd have drowned. Literally.

  • @andydondy6444
    @andydondy6444 12 днів тому +2

    You been sentence to ramen for life😂😂

  • @jenniferhao8902
    @jenniferhao8902 3 місяці тому +2

    It was just getting good at 43 mins. I look forward to more of these videos!

  • @conniedelavega8099
    @conniedelavega8099 2 місяці тому +4

    I used these videos before I go shopping it is like therapy

  • @MaddaxxxE
    @MaddaxxxE 2 місяці тому +3

    Dave to Mike: “You’re heading straight at the wall, with the accelerator on the floor.” Dave took me out with that line. Lmao!

  • @HeathenwoodOfficial
    @HeathenwoodOfficial 2 місяці тому +2

    That passionate speech at the end is so cinematic. It could be in a pretty good movie. ❤

  • @jackb5640
    @jackb5640 21 день тому +2

    Shocking advice to the young man who has built a small fortune at a very young age. Clearly he knows his mother better than random radio guy. Do what you feel is best.

    • @itsallperfectlynormal9805
      @itsallperfectlynormal9805 9 днів тому

      I agree! At 16, my mother would've tried taking that money. I would've advised him to move that money out of PayPal and if I were consulting anyone, it'd be a trusted financial advisor.

  • @tracyotrhuiskamp1012
    @tracyotrhuiskamp1012 3 місяці тому +21

    The 17yr old making 300-400k .. Should not tell the pastor because most pastors will say u should give to the church. Hopefully when the mom finds out she wont think its her money as well

  • @guymoe81
    @guymoe81 2 місяці тому +5

    You ended up up a creek with a really short paddle love that😂🎉

  • @neithanm
    @neithanm 3 дні тому +2

    "Are you close with your pastor?" What century is this lol

  • @jh26pt2
    @jh26pt2 3 місяці тому +31

    The first call was from several years ago (I remember it from that time; also, it was filmed at the old studio). I wonder if that caller took the advice and is in a better place today, or if she and her husband just blew past it and are now $2 million in debt.

    • @EsiriE
      @EsiriE 3 місяці тому +11

      Same! I just wish we could get updates!

  • @nintendoconvert4045
    @nintendoconvert4045 2 місяці тому +24

    Every counselor in grade school: “go to college, or be a loser”
    Millennials: “ok, I don’t want to be a loser”
    Fast forward: Now broke due to crippling student loan debt.

    • @HomestarCrawler
      @HomestarCrawler 2 місяці тому +3

      I'm 40.
      My mom today: Go to college. They have adult programs. Maybe night school. Otherwise you'll be a loser.
      Me: Mom, I'm already successful. I live in my own home, I have a second property, and no debt. I make 3x the average salary in my area.
      My mom: Well, yeah, but if you get a college degree you'll have something to fall back on. 😂

    • @nintendoconvert4045
      @nintendoconvert4045 2 місяці тому +2

      @@HomestarCrawler 🤣. Just keep doing your thing, man. Thankfully, I went to community college and dropped out when I realized it wasn’t for me. My sister and many others weren’t so fortunate. But if a 6-figure salary, owning a home, no debt (outside of mortgage), and an 800+ credit score is any indication, I did all right for myself. Not that this is a financial accomplishment, but I also have two beautiful kids and a lovely wife. I would be remiss if I didn’t mention that, as it’s the most important part of my life. Anyway, college is not for everyone.

    • @Tamara-ju3lh
      @Tamara-ju3lh Місяць тому +1

      That's a crazy reason to go to college. I went AFTER I did research into being a CPA, including salary, demand, etc. and knew that my degree would be worth it.
      These school counselors need to be trained better.

    • @nintendoconvert4045
      @nintendoconvert4045 Місяць тому +1

      @@Tamara-ju3lh it wasn’t what I did, but countless others fell victim to this pressure.

  • @cosmomontanaro5759
    @cosmomontanaro5759 2 місяці тому +10

    $800k in non-mortgage debt and both work in the government. Explains our national debt I guess.

    • @BenState
      @BenState Місяць тому

      no it doesnt

  • @corychecketts
    @corychecketts Місяць тому

    I’m glad Ramsey has released these episodes. They remind of when I got into the show back in 2009. Those were interesting shows back then.

  • @skorpyo331
    @skorpyo331 2 місяці тому +3

    "Condo, its gone." Best news ever.

  • @vivecahaines2498
    @vivecahaines2498 3 місяці тому +23

    Every Pastor is not great on giving advice especially regarding money. People should be very careful about divulging information about finances

    • @kathleencooney1518
      @kathleencooney1518 3 місяці тому +6

      I think it was not about financial advice, it’s advice on how to tell his Mother.

    • @oooBASTIooo
      @oooBASTIooo Місяць тому +1

      Every person not =/= Not every person..

  • @colmwhateveryoulike3240
    @colmwhateveryoulike3240 3 місяці тому +28

    An update video would be interesting, if possible.

  • @sensclan2597
    @sensclan2597 2 місяці тому +1

    Was waiting for volume 3!

  • @bullishvibe
    @bullishvibe Місяць тому +1

    Man, I love you Dave. I want to be just like you when I get older.

  • @4CH_
    @4CH_ Місяць тому +4

    The first lady might as well file bankruptcy 😂

    • @ladybuggs11
      @ladybuggs11 Місяць тому

      She will still have to pay.

  • @austin2678
    @austin2678 2 місяці тому +4

    Here are people hundreds of thousands in debt and I'm stressing over 5-6 thousands it's not that bad for me I see the light

  • @heyjude2109
    @heyjude2109 10 днів тому

    The last part of this video is the best highlight. 👌🏿

  • @JohnSmith-wh2ob
    @JohnSmith-wh2ob 16 днів тому +1

    I love when the lady said we both have advanced degrees how’s that working out

  • @patrickbyrne605
    @patrickbyrne605 2 місяці тому +4

    As a debt collector, I can confirm that debt consolidation companies tend to suck I've had people call in panicking because they are getting garnished for a debt they thought was paid

  • @lulabellegnostic8402
    @lulabellegnostic8402 2 місяці тому +4

    I LOVE history. And archaeology, geology, geography, languages and natural history. I can afford to love them because i went to Med School, which gave me the tools to learn in any field in which i was interested IN MY SPARE TIME whilst i was earning £££££££££. And the bonus is, i can afford to travel to see for real all the things i have been researching in my spare time.

    • @stuartlawler2411
      @stuartlawler2411 Місяць тому

      Posh boy. Its nit your spare time, its time that your daddy has bought from the lower class.

    • @emanuelsadu263
      @emanuelsadu263 Місяць тому +1

      Humanitys should always be studied in free time.
      The ones who want to do humanitys must have trully rich parents and be ready for a long grind untill they make a name in the field or a professor retires and you get his chair.

  • @enigmathegrayman2953
    @enigmathegrayman2953 3 місяці тому +2

    2019 was a good year!

  • @russwj
    @russwj Місяць тому +1

    I’m sure this is ridiculously redundant but you are incredibly helpful. Thank you

  • @crispychicken7933
    @crispychicken7933 3 місяці тому +10

    Maybe overlay the year/month these calls were in, might help add some context. Love the show guys!

  • @yinnie4776
    @yinnie4776 3 місяці тому +14

    I binge on these whenever I think about buying stupid shit

  • @ianeagle40nil
    @ianeagle40nil Місяць тому +2

    Call 1 : Living like they’re RICH 💥🤣🤣🤣

  • @robb69
    @robb69 Місяць тому +4

    My son who also works e commerce told me that for that 16 yr old to be making $50k/mo in the niche he is in he is likely laudering money for an organized crime ring and he doesn't realize it. He said it's very difficult to make that much in what he is doing. He said these foreign organized crime rings prey on these younger internet savvy kids because they often don't understand what is happening.

    • @fullsendalberto4838
      @fullsendalberto4838 Місяць тому

      Not exactly

    • @mattkosiarski658
      @mattkosiarski658 Місяць тому +3

      Or your son isn't very good at e-commerce.. its like someone who makes 30k a year telling you that you can only make 300k a year by doing illegal stuff...THERE ARE LEVELS and this kid might be on a very high one compared to other kids.....

    • @robb69
      @robb69 Місяць тому

      @mattkosiarski658 my son makes well above this. He's 25 and is already semi-retired. He is speaking simply based on the area of e commerce that this kid says he is involved in.

    • @MM-mj6tz
      @MM-mj6tz 23 дні тому +1

      I think that was an old call. There was a moment in time where drop shipping was very profitable but too many people started doing it and the moment has now passed. A bit like what Dave predicted would happen.

  • @ryanl3812
    @ryanl3812 3 місяці тому +45

    I hope the second caller didn't tell anyone

    • @seagirl1100
      @seagirl1100 2 місяці тому +12

      I wish Dave had mentioned investing, it’s a secret our youth is never told. Investment as a teen is huge to be a millionaire very young.

    • @firstname7470
      @firstname7470 2 місяці тому

      @@seagirl1100 He can't invest without a custodial account. Hopefully, he will follow Ramsey's financial advice when he turns 18. I think he has baby step #1 accomplished!

    • @jennywren2696
      @jennywren2696 2 місяці тому +13

      He should NEVER tell his pastor

  • @octaviorodriguez6817
    @octaviorodriguez6817 2 місяці тому +2

    THIS VIDEO IS SO POWERFUL DAVE RAMSEY FOR US PRESIDENT.

  • @joshsanders5614
    @joshsanders5614 Місяць тому +2

    Working construction, dept free great credit score. About to open up another line of credit to be able to use it to purchase supplies for my first duplex. Which will be paid in cash. Then I’ll refinance. Thank you Dave and my boss for all of the advice. Plz hold me accountable god.

    • @Jaminn724
      @Jaminn724 Місяць тому +1

      I'm very confused by this statement. You are purchasing the house cash and then buying supplies on a credit to fix it up? What are you refinancing the supply credit? Are you planning on selling your old place or the new place? Or are you renting one out? If you are looking to rent one out I would just avoid this whole thing and use your surplus in investing. If you're moving then I'd honestly pay for supplies out of pocket and have a mortgage. If you are flipping then what you're doing makes sense but I'm not sure what you're refinancing.

    • @joshsanders5614
      @joshsanders5614 Місяць тому

      @@Jaminn724 yes dude I have investments already which I also can liquidate for the house. Yes the credit is for refinancing. Your head okay now, do JaMInN understand now. G Ive got two teachers already don’t want you to be my third.

  • @MM-mo2yc
    @MM-mo2yc 2 місяці тому +4

    Caller #1: We both work in government and we’re in debt $1 million dollars. Oh, the irony…

  • @TheOla168
    @TheOla168 Місяць тому +5

    Selling a condo she bought years ago just to pay off 90k??? That's a wild suggestion, it's impossible to buy a house these days.. real estate is the only thing that's worth saving

    • @scottbirch968
      @scottbirch968 Місяць тому +2

      Like he doesn’t know what he’s saying? Do property prices increase as fast a credit card debt fueled by high interest?

  • @BrockMolden
    @BrockMolden Місяць тому

    great advice mr Dave

  • @MattSmith-vr4sr
    @MattSmith-vr4sr Місяць тому

    Listening to this under solar eclipse

  • @usDewitt
    @usDewitt 2 місяці тому +343

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

    • @Lourd-Bab
      @Lourd-Bab 2 місяці тому

      Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

    • @usDewitt
      @usDewitt 2 місяці тому

      @@Lourd-Bab However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments..

    • @Lourd-Bab
      @Lourd-Bab 2 місяці тому

      @@usDewitt Oh please i would love that .

    • @usDewitt
      @usDewitt 2 місяці тому

      @@Lourd-Bab Judith Ann peace is her name.

    • @usDewitt
      @usDewitt 2 місяці тому

      Lookup with her name on the webpage.

  • @terrykrall
    @terrykrall 3 місяці тому +23

    Works in DC, works in the govt... has insane debt.... big surprise.

    • @garage3022
      @garage3022 3 місяці тому +5

      Imagine how these people spend money that isnt theirs... yeah. Thats how we got to 40 trillion.

  • @zNoahz2
    @zNoahz2 Місяць тому +1

    I’ll never get over how much these people make and how much water they get themselves in. I mean I fucked up bad too but lord have mercy on these people.

  • @PeterJames143
    @PeterJames143 3 місяці тому

    thanks

  • @HopefulRedbackSpider-ui8oo
    @HopefulRedbackSpider-ui8oo 3 місяці тому +6

    There needs to be a follow up episode on all these calls.

  • @paullampert6990
    @paullampert6990 3 місяці тому +7

    The failure of how people are educated and manipulated is ASTOUNDING and dangerous for the future of our country

    • @annehajdu8654
      @annehajdu8654 3 місяці тому +3

      People are stupid when it comes to debt.

  • @therevx5225
    @therevx5225 Місяць тому

    This shit got me cracking up, love the vibes

  • @BeardedVeteran1776
    @BeardedVeteran1776 20 днів тому +1

    36, Thank god ive never been in a penny of debt. 😊

  • @SnifferSock
    @SnifferSock 3 місяці тому +8

    Hopefully the 2nd caller got his money out of the PP account. There are horror stories of PP freezing accounts or straight up talking money out of them.