I remember just a couple of months ago Dave was talking about how Ramsey Solutions would never give someone an inflationary raise. Now his solution to beat inflation: go somewhere that gives you an inflationary raise
Exactly! I remember Watching that video and feeling like he was SO out of touch with folks at the bottom. Its why I only listen to him where he has a a reason to be listened to. You don't take a brick layers advice about jewels. If you want to get out of debt fast and in a hurry and STAY that way? Dave is your man 100% But idk about all this real estate and Business compensation talk.
You have a choice - don't work there. He gives raises - just not inflationary raises. He bases them on performance, which is how ALL raises should be given.
I used to follow Dave on everything, but these people have no clue of the struggles of real people out here today. Two years ago we overcame poverty and was doing well. Now we are scraping pennies to buy groceries. If Dave Ramsey is feeling the pinch, then you know the real person out here is not making it.
Your not actually following the Ramsey way then. Ramsey way says do your 4 walls first. Sure maybe you aren't buying expensive stakes anymore. But you shouldn't have any issues buying groceries. If you are. You don't have enough for your four walls and should make a change. Besides. Groceries are cheap. 2k-3k per YEAR is all you should need right now per person. If you have a large family that should drop because Costco. It's not even a challenge to hit those numbers if you try. Don't throw away food ever. And plan your meals. Don't buy junk food. You don't need it. If you want it. Consider that a treat. Like dining out. You don't go out to eat when your broke. You don't buy chips & pop when your broke.
Dave almost always says the same answer to questions like this "just get another job” like it’s as easy as picking out a better looking fruit at the grocery store. I've been looking for over a year now and everyone is hiring, but almost no one is paying. It's just not that simple. I did find one that paid well, but they had 1,200 applicants. ONE THOUSAND TWO HUNDRED APPLICANTS. It's crazy. You can't take a paycut to start in a different industry and work your way up unless you're already loaded and can afford several years of pay decrease or school (which also costs time)-- so most people are stuck. They're not 19 with infinite options, they're 35 with a family depending on them. My company did give TWO “standard of living wage increases” but it wasn’t enough. The only real option is OT, but in many places that's capped or unstable-- and in either scenario its just a temp fix. I understand a better paying job would help. But I want him to stop acting like getting that new higher paying job is so easy and making us feel like something is wrong with us for not being able to do it.
Sell everything including your kids like Dave says..then you can fill your gas with the human trafficking money..ask Dave his state tops the country in overdose deaths..
As noble as it is to get a second job or gig doing something else, what's the point of living? I am debt-free and have been for some time. But I may get a second job just to be able to get some decent, healthy food and still be able to have a happy life and spend time with friends and family. (Notice: I did not see spending money with friends/family, but spent time)
Well I mean what do you want him to say. He is a human, not a magic man with all the answers. For the majority of people this advice is real and applicable, for people such as your self you need to understand you are where you are because of you. I understand bad things happen that aren’t always your fault but you might have to move or take big steps to get jobs that have good opportunities. If you won’t then I don’t know what to say.
@@SkyThoughtss I agree, a new job would be a solution. He just talks like it’s as easy as picking out milk at the grocery store. It’s way more difficult than he describes.
When did this happen? I have been a regular listener and I never recall dave saying inflation will never happen. Please provide a link to an example of this
@@herbiehusker1889 He's downplayed it in the past, sure. But the OP is staying Dave claimed it "wouldn't happen" I would like to know when he said that.
Ramsey is incorporating things Joshua Fluke observes and teaches. Apparently the way to get a raise these days is to get a new job. That results in a vastly bigger pay increase than begging and negotiating with your current boss.
"laid down in the middle of the gas station parking lot, held my heart for a minute" - Dear Dave, Google estimates your networth to be around $ 200 mill. Imagine how us regular folks feel. 😂
Net worth is total assets minus debt. He probably doesn't take home millions of dollars for a paycheck. It's probably much more reasonable. You ever try to fill up a 36 gallon tank from near empty?
@@bigmeany1184 it’s a lie. If someone looks at the breakdowns and the formulas the BLS uses for the CPI they would notice that the numbers used is not realistic
The feds changed the formula they use to calculate inflation to make the number smaller. They based it on a small time frame, so that it would look small. Inflation has probably averaged around 20% in reality.
It sucks when fuel goes from $2.50 to $5.20 and food's up 25% too, but what's really killing people is the average rent is up from around $1200 to $2200. That's completely unsustainable.
I agree and I get to work remotely. I just reviewed my food budget and found ways to save on that and make it a point to have days where I don't drive anywhere.
@@enthused7591 I pay $6.29 a gal for gas ⛽️ and down the street in the apartment complex a studio is going for $1300, and a house 🏠 the same model as my house is renting for $2800 and it's a small house 1321 square feet it's just horrible 🙃
He doesn’t let his host talk bad about real estate. Inventories are going up and he’s not talking about that. Buying demand will evaporate by the next rate hike
@@richardsoncuthel810 Lookup Katherine Duffy Burke & ask her this question i know she will proffer better answers . working with her my invstment has moved advantageously accruing total ROI of over $165k now.
Dave you are wrong I'm a trucker and the rates to deliver loads dropped...diesel went up rated dropped so we make less and everything is more expensive.
Can you remember about what time and what podcast episode he was claiming that? A year ago he was predicting this inflation increase. So I find it hard to believe a month ago he was saying otherwise. 🙂
This guy is a bot, notice several different accounts saying the exact same thing, with no replies and no video to back it up. Where did Dave Ramsey say Inflation wasn't real? He's talked about inflation for years.
@Donovan Lewis I dont know that's out of touch...the local Safeway store is starting at $23 an hour for stocking shelves at night. That's starting wage.
Haha, Dave thinks that the price of bread went up because of the workers wage rates. Not having any debt helps when inflation happens. Not feeling the pressure and very thankful that my wife and I are blessed with this position.
@@MrJimmy3459 head nod to you, Sir. He definitely discussed the topic of inflation and has been discussing it for quite some time. It appears people have come to reply instead of listen so controversial statements are being made regarding "What Dave said" without real knowledge of what Dave did say!
Three words... OUT OF TOUCH. When your net worth is 200 MILLION, complaining about gas prices is a slap in the face for the people you're talking to. $30/hour just to put bread on the shelves is a lie. Tone down your arrogance sir. Just a couple of weeks ago he was an inflation denier, now he's admitting it. These people call themselves Christian? Where is the compassion?
You can’t double your money supply and not see prices go up!!! Wealth as a percentage of GDP has gone up 1000% which means we’re all “wealthier” without producing more stuff…. I wish Dave would talk more about Money printing-Things are more expensive because our moneys worth less
The best we can all do is control discretionary spending and increase our income. Buy generic brands, buy in bulk - but make a plan with your spouse to take control of your finances. Best of luck to everyone out there who is worried about inflation hurting their quality of life.
And do not listen to companies who ask you back into the office as they know exactly what they are doing knowing how bad cost of living including fuel prices right now is. Work from home needs to be a standard for anyone not working in the service industry
The person who is "putting bread on the shelf" needs that wage because their grocery bill has doubled, their rent is $2k per month for 400sqft room that the landlord puts nothing into maintenance, their gas bill to get to that job has doubled. It seems a little flippant to blame higher groceries because "labor" seemingly disregarding that they're people who also have had their living expenses skyrocket.
Prices are going up because people are financing too much stuff, whether through bank loans or CC. Dave just is not saying it that way, but that is why he is telling you to stop financing things.
@@Whocares12343 FAANG companies have been competing for talent for years and years. Not because of inflation. It's because they want to attract good talent. Wage increases aren't inflation.
Places are hiring but mostly part-time gigs with no benefits. 15-20 per hour does not cut it anymore. I have been blessed enough to have decent savings, but I am getting to a point where I may need two jobs just to continue buying gas and groceries without having to dig into my savings. I have been seriously frugal forever. Inflation is a real deal no matter what. I agree that we should not be in panic mode, but this is killing the middle class.
I don’t know where you live, but I make 28 an hour to do an extremely dangerous job (industrial electrician at steel mill) and I am making it fine. So either I need to make more or these people need to develop skills to get better jobs. People working at gas stations, grocery stores, fast food places don’t deserve 20 an hour.
@@dinospumoni8860 Local electricians are $40+/hr, 65+ for senior ones. I used to make $40/hr - at the time minimum wage was $13, so I earned 3x minimum wage. Today most places pay around $20/hr, and I'm up to $60/hr - 3x minimum wage. My wages haven't really moved much relative to everything, despite going up 50%. You might want to talk to your boss about a raise. Go in prepared, knowing what you can earn nearby with your skillset. Do some internet research - glassdoor, etc.
Hopefully that's with a company that can survive the crash over the next 3-4 years, as we see a roughly 80% decrease in demand for discretionary goods and services.
Wasn't he just preaching a few months ago against raises based on inflation? 🤔 Just asking. Meanwhile, we have enough slack in our budget that inflation, it sucks, but it's not breaking the bank every week. Grateful for that!
Yea he has mentioned that in the past. Sometimes these guys are out of touch with reality. He mentions in this video about raises at Ramsey but from their Glassdoor reviews, this does not correlate.
Inflation did not go up because people's pay went up. These people are so far out of touch with reality. They trying to blame it on people's pay, and not what's actually going on in the real world.
@@jimmymcgill6778 let’s do an equation. Listen to the man with hundreds of millions? Or listen to a guy with a negative net worth who has a theory? Yeah it’s not even a question
@@cs1992 well Brandon pressured EU countries to ban Russian oil, plus his anti oil policies, plus fiscal irresponsibility. I agree, but Russian invasion affects Wheat because Ukraine is a big producer of wheat.
Lol I love Dave Ramsey, but he's wrong on the bread. I know because I do it part time to supplement my income. Wheat did go up. Wholesale prices haven't changed yet. Distributors are paid the same, but prices have gone up because the stores are raising prices on certain products without explanation. I assume the excessive profit they are making covers something somewhere else. Or... Maybe someone is pocketing it... But the people putting bread on the shelf aren't getting paid more... Yet... Bread routes aren't paid by the hour either.... Just saying.
Could Jamie Williams give a link? Never trust somebody with two first names. Dave never said Inflation wasn't happening, he talks about it all the time.
@@LyonsArcade Go look at the video a month ago. Why Inflation Is Not Going to Destroy Your Life. Totally contradicts himself. He totally downplays Inflation and now says its real. He's such a phony
The Kroger around where I live, advertises $17/hr starting pay. So I would imagine than some places in areas with a high cost of living would pay upwards of $20/hr.
Fuel up, appraisal prices up, Texas energy prices up 50 percent due to natural gas prices, groceries up, there will be a lot more debt screams than debt free screaming coming up!
That's why it is important to try to cut the budget as much as possible. Geo arbitrage saves my wife and I $1000 A month in Vancouver Canada. It's our biggest money saver.
I buy and cook chunk of foods and divide them like a weekly pill organizer by storing them at freezer and eat them so i dont have to buy foods that much especially at work just to save money because this inflation is rediculous
Folks on a fixed income, like Social Security or SSI are suffering. Folks who are retired and limited to withdrawals from their 401K or pension payments, are in a pickle. Not everyone can hyst go out and get a second or different job. Easy to ponitificate when you are a millionaire.
Not everyone. We live on our SS very well because we have no debt and live below our means. This inflation is a good lesson for younger people to live below their means and save for their future. Also, be content with less and don’t fall prey to YOLO. We have lived through worse inflation before. This too shall pass.
@@notabannedaccount8362 Ever hear of the FIRE community? There are young people working to save 50% or more of their wages by cutting expenses. Check them out.
Statistically, the quickest way to get a pay raise is to go after another opportunity. Easy to say, but you really got line that up to knock it down. Do your best folks
Dave, I’m sorry I’m a 3rd year teacher, live in one of the cheapest counties in Illinois with a slightly above average salary, and have gone from saving $1200 a month to $600 a month. I eat ramen, grapes and tap water.
One major driver of inflation that they often fail to mention is the massive increase in the money supply. When you have more money chasing the same amount of stuff, the price of that stuff goes up.
Lentil soup. Cook and freeze in individual servings for convenience. Use less water so it takes less space. It’s practically free. Bag of lentils, an onion, a few carrots and celery, couple tablespoons of olive oil, spices. The most healthful thing you can eat.
Keep in mind that rural areas or small towns are of a different characteristic that dictates what kind of changes you can make for employment especially if you are married and your spouse has no interest in moving
The feeling I get at the gas station and grocery store is definitely real, it trickles down the line… counting my blessings holding the reigns and hanging on until things calm down! 🤠
Sometimes it is better to get advice from friends/family who are in the same financial situation than listening to a multi millionaire. I mean, his is great to help people out of debt, but sometimes I think that he is not living in reality.
Me too. Food saver and freeze everything I get for low price. Make all meals from scratch. I ate out for the first time in months yesterday and they wanted five dollars for a bowl of friggin' oatmeal!
You're smart. Only way to survive this inflation crisis is to be smart. Buy less, save more and work from home. If you're working from home its essentially a payrise as you aren't spending on overpriced food or fuel everyday. Theres businesses that rely on to expose ours basic human needs for their own profits. Do what you can so they don't
Again I like Dave but sorry out of touch. I can guarantee one thing right now most single people can’t afford a house it’s that freaking simple !! Starting houses especially around Charlotte are about 350 K right now that’s insane! Put it in the mortgage calculator most single people can’t afford a house. So whats Dave is going to start telling people now? Let’s get that 20% down?? Which could be upwards of 50 K-70k now!! OK but he says I don’t mind if you have to put 10% down OK?? What’s that gonna be about 30 K?? The point on making the inflation is ridiculous these houses are clearly not worth what’s going on for smaller starter houses. I’m going to continue to rent even though the rent is a little bit high there is no way I can afford even at 10% right now down and I’m debt-free and have a little chunk in savings. I’m getting a pick up truck because I’m going to be happy. And I’m gonna continue to rent for the next 3-4 years And see what happens
finance is also about slimming down in these times. Find places to cut back. Americans have no idea how to consume less. Sometimes u can eat at home. Cut the cable. There are so many things you could do to cut your household expenses. U want stuff..u dont need all of it
Do you want to really switch jobs now...I'd rather be at the company I have a good track record being with now than the new person at a company when companies start laying people off.
if anyone knows a store where they are paying 30$ hr to stock shelves give me the location. geuss i should quit my skilled trades job to work at the grocery store.!! solution every1 change jobs! this is the disconnect between wealthy pple and majority of skilled laborers. inflation tax,income tax, state tax sales tax gas tax list goes in seriously!! WTH.!
I stopped driving my truck because of gas in Cali. I’m driving my niece’s Fiesta and it still cost me $65.05 at the pump. Never cared when I used a gas card, but now it’s my debit card and comes out immediately. 😡
I feel bad for first-time home buyers. Birth rates in the west are 1.6% and will probably decline even lower. Which is why the supreme court overturned Roe.
As of January 2022, grocery clerks in Los Angeles employed by Albertsons/Vons, for example, are covered by UFCW contracts, Experienced journeymen grocery clerks can earn the maximum rate allowable under the contracts, between $19.50 and $22.50 per hour. Grocery clerks tapped to head a department can earn around $23.50 per hour.
If we weren’t growing and producing most of our own food- this would be very stressful. Our grocery bill is fraction of most peoples. Dave you said a few videos ago that inflation raises were ridiculous. I guess you have changed your tune. People need to ask for a wage increase as the cost of products/services have also gone up.
I remember just a couple of months ago Dave was talking about how Ramsey Solutions would never give someone an inflationary raise. Now his solution to beat inflation: go somewhere that gives you an inflationary raise
Was just going to comment this actually because I watched that same video recently
Yeah I saw that video as well says he wouldn't raise his pay rate to his people based on inflation something along those lines
Exactly! I remember Watching that video and feeling like he was SO out of touch with folks at the bottom. Its why I only listen to him where he has a a reason to be listened to. You don't take a brick layers advice about jewels. If you want to get out of debt fast and in a hurry and STAY that way? Dave is your man 100% But idk about all this real estate and Business compensation talk.
You have a choice - don't work there. He gives raises - just not inflationary raises. He bases them on performance, which is how ALL raises should be given.
Im sure he believes his people should go elsewhere if they feel that way!!! lol Nice try to catch him.
They are not paying 20-30 dollars an hour. I’m fully aware. Mini managers are making 16-19 dollars an hour in retail environments
I used to follow Dave on everything, but these people have no clue of the struggles of real people out here today. Two years ago we overcame poverty and was doing well. Now we are scraping pennies to buy groceries. If Dave Ramsey is feeling the pinch, then you know the real person out here is not making it.
Yer also FULL OF DRAMA lol lol lol
Your not actually following the Ramsey way then. Ramsey way says do your 4 walls first. Sure maybe you aren't buying expensive stakes anymore. But you shouldn't have any issues buying groceries. If you are. You don't have enough for your four walls and should make a change.
Besides. Groceries are cheap. 2k-3k per YEAR is all you should need right now per person. If you have a large family that should drop because Costco. It's not even a challenge to hit those numbers if you try. Don't throw away food ever. And plan your meals. Don't buy junk food. You don't need it. If you want it. Consider that a treat. Like dining out. You don't go out to eat when your broke. You don't buy chips & pop when your broke.
Dave almost always says the same answer to questions like this "just get another job” like it’s as easy as picking out a better looking fruit at the grocery store. I've been looking for over a year now and everyone is hiring, but almost no one is paying. It's just not that simple. I did find one that paid well, but they had 1,200 applicants. ONE THOUSAND TWO HUNDRED APPLICANTS. It's crazy. You can't take a paycut to start in a different industry and work your way up unless you're already loaded and can afford several years of pay decrease or school (which also costs time)-- so most people are stuck. They're not 19 with infinite options, they're 35 with a family depending on them. My company did give TWO “standard of living wage increases” but it wasn’t enough. The only real option is OT, but in many places that's capped or unstable-- and in either scenario its just a temp fix.
I understand a better paying job would help. But I want him to stop acting like getting that new higher paying job is so easy and making us feel like something is wrong with us for not being able to do it.
Sell everything including your kids like Dave says..then you can fill your gas with the human trafficking money..ask Dave his state tops the country in overdose deaths..
As noble as it is to get a second job or gig doing something else, what's the point of living? I am debt-free and have been for some time. But I may get a second job just to be able to get some decent, healthy food and still be able to have a happy life and spend time with friends and family. (Notice: I did not see spending money with friends/family, but spent time)
100% agree with you. Dave thinks we don't exist sometimes. good luck on your journey.
Well I mean what do you want him to say. He is a human, not a magic man with all the answers. For the majority of people this advice is real and applicable, for people such as your self you need to understand you are where you are because of you. I understand bad things happen that aren’t always your fault but you might have to move or take big steps to get jobs that have good opportunities. If you won’t then I don’t know what to say.
@@SkyThoughtss I agree, a new job would be a solution. He just talks like it’s as easy as picking out milk at the grocery store. It’s way more difficult than he describes.
And a few years ago, he was laughing when people was worried about inflation. And he said it wouldn't be happen.
When did he ever say inflation doesn't exist?
@@xJayhawkFANx he has been downplaying it for awhile now.
When did this happen? I have been a regular listener and I never recall dave saying inflation will never happen. Please provide a link to an example of this
@@herbiehusker1889 He's downplayed it in the past, sure. But the OP is staying Dave claimed it "wouldn't happen" I would like to know when he said that.
@@alrbredwall there are a lot of crybabies in this channel that like to misquote dave to validate their sensitive emotions.
Ramsey is incorporating things Joshua Fluke observes and teaches. Apparently the way to get a raise these days is to get a new job. That results in a vastly bigger pay increase than begging and negotiating with your current boss.
Joshua Fluke is the man
True, Joshua is setting the narrative. They are choosing to respond to him because he perfectly embodies their critics.
I thoroughly enjoy Joshua’s channel.
Just came from his channel. 😂
Here from Joshua's channel.
Do you remember when Dave used to say "only people that are unprepared should be worried about inflation?" :)
He still says it. lol. Its a FACT no matter your drama level
I’m old enough to remember a few months ago when Dave said the inflation that’s happening is no big deal
You're old enough to remember a few months ago.
😂🤣😂 He thinks we are stupid peasants.
@@opieutt9038 clearly a joke
@@CarC369 My response was clearly hyperbole, why are you here.
"laid down in the middle of the gas station parking lot, held my heart for a minute" - Dear Dave, Google estimates your networth to be around $ 200 mill. Imagine how us regular folks feel. 😂
His networth will be back down to $90M next year when real estate is down 60%. Still, $90M is pretty awesome.
He’s just taunting us really. He not affected by prices of the every day good.
Net worth is total assets minus debt. He probably doesn't take home millions of dollars for a paycheck. It's probably much more reasonable. You ever try to fill up a 36 gallon tank from near empty?
You never lose sense of moneys worth when you felt the bottom 🤷🏽♂️
@@vegasxventures He's taking a page out of Rachel's book. The fourth pig.
How can the inflation rate be at 8-9% when if you break it down by category, each category has gone up anywhere from 15-60%.
💯💯💯💯💯
I believe it’s an average. 🤷♂️
@@bigmeany1184 it’s a lie. If someone looks at the breakdowns and the formulas the BLS uses for the CPI they would notice that the numbers used is not realistic
60% ? LOL being a little dramatic
The feds changed the formula they use to calculate inflation to make the number smaller. They based it on a small time frame, so that it would look small. Inflation has probably averaged around 20% in reality.
It's not nice to make fun of people that are struggling during challenging times, it shows your character.
He wasn’t?
Yeah, you should block him so we dont have to see your whiner comments
Only if they voted for Brandon, then its very funny
Nobody’s getting $20-$30 to put “bread on shelves” get real
I get 30 an hour doing doordash part time sometimes
I make $40/hour pushing carts at Dollar tree
Read his book love Dave but ya he's watching to much news. How much does the Ramsay show pay there entry level not 20-30 dollars.
He is a tool.
@@jeremiahjohnson5346 Their entry level BAH HA HA HA HA! Maybe that is why yer entry level and complaining on YT
Dave bounces back and forth with his advice like a tennis ball.
it is hard to ignore fuel and food prices going up, man.
It sucks when fuel goes from $2.50 to $5.20 and food's up 25% too, but what's really killing people is the average rent is up from around $1200 to $2200. That's completely unsustainable.
I agree and I get to work remotely. I just reviewed my food budget and found ways to save on that and make it a point to have days where I don't drive anywhere.
We just spent a little over $200 for A Week Worth Of Food 😱
@@enthused7591 I pay $6.29 a gal for gas ⛽️ and down the street in the apartment complex a studio is going for $1300, and a house 🏠 the same model as my house is renting for $2800 and it's a small house 1321 square feet it's just horrible 🙃
Truth. It’s not caused by the person earning 15/ht working on a grocery store, however. Dave is out of touch.
My grocery bill went from $173 to $327 and that is just buying the bare necessities (no junk food or candy).
Bull
That is only 90% inflation. You still have it better than the people in Sri Lanka or Venezuela.
@@RusskiCommieBot That is true
@@RusskiCommieBot Yes, and they have it better than the starving children in Africa!
same!!!
Here in the U.K. a gallon of petrol (gas) is £10 or $12.20 - now that’s real heart attack territory
Do you have a high functioning transit system to rely on?
Do you drive a hybrid?
Get back to buying oil from Russia and prices will go down.
@@jimroscovius That is true. But the Americans don't want the Europeans to deal with Russia.
Similar price in Canada, unless you're in the oil belt. Need a hybrid or smaller vehicle, for sure.
My heart bleeds for you Ramsey. All that property to look after and those lake houses...
He doesn’t let his host talk bad about real estate. Inventories are going up and he’s not talking about that. Buying demand will evaporate by the next rate hike
They are suffering too, just like everyone else.
@@jimroscovius Good. Greedy landlords need to feel what the average person feels living paycheck to paycheck. I have zero sympathy for them
The dual mandate is simply self-contradicting at this stage, impossible to have price stability AND full employment
@Elizabeth Mcclain
@@willlategan7558
@@lylahthompson2169
@@richardsoncuthel810 Lookup Katherine Duffy Burke & ask her this question i know she will proffer better answers . working with her my invstment has moved advantageously accruing total ROI of over $165k now.
Dave you are wrong I'm a trucker and the rates to deliver loads dropped...diesel went up rated dropped so we make less and everything is more expensive.
I recall a few months ago Dave going off about how inflation “wasn’t real”… I wonder what made him have a change of heart.
When he filled up his raptor.
Can you remember about what time and what podcast episode he was claiming that? A year ago he was predicting this inflation increase. So I find it hard to believe a month ago he was saying otherwise. 🙂
This guy is a bot, notice several different accounts saying the exact same thing, with no replies and no video to back it up. Where did Dave Ramsey say Inflation wasn't real? He's talked about inflation for years.
@@justinlopez4425 Go look at the video a month ago. Why Inflation Is Not Going to Destroy Your Life.
Totally contradicts himself.
It wasn't real then, but it's getting there now. He also listed "inflation worries" as just one of the things.
1:36 Did Dave say folks get 20 to 30 usd an hour for putting bread on the shelves?
My 15 y/o makes almost $20 hr./ for light landscaping clean-up.
Yep, he did say that. In Tucson, they are definitely not getting that much to stock shelves. Maybe in NYC, L.A., or San Fran? Don't know.
He’s exaggerating they don’t even pay that in la
@Donovan Lewis I dont know that's out of touch...the local Safeway store is starting at $23 an hour for stocking shelves at night. That's starting wage.
Even if they pay that much ,you won’t be getting a lot of hours 🤷🏽♂️
"I filled up my Raptor..." When you got money like Dave inflation is no big deal.
He earned it, it didn't just land in his lap. Sooner or later it is going to affect everybody
@@gisg2243 Sorry, but anyone driving a Raptor is irresponsible and selfish. I don't care if you're worth north of $40 million or $500 billion.
It affects him as much as anyone else. Jealous much?
@@philmarsh7723 And maybe your car/truck is a piece of garbage. Personal opinion.
Inflation effecting everyone. Its not Dave fault your struggling. Learn how to save etc. Its your fault your struggling.
Haha, Dave thinks that the price of bread went up because of the workers wage rates. Not having any debt helps when inflation happens. Not feeling the pressure and very thankful that my wife and I are blessed with this position.
Anyone else remember not too long ago Dave said inflation wasn’t a thing lol? Wait until he back tracks on real estate.
He’s an expert on personal finance, not macroeconomic conditions.
Hoping RE crashes too 🙏🏼
Do you have a source? I've been watching/listening to Dave for a long time and I don't recall him ever saying that inflation wasn't a thing.
IDK what you're talking about but he predicted this inflation..........
@@MrJimmy3459 head nod to you, Sir. He definitely discussed the topic of inflation and has been discussing it for quite some time. It appears people have come to reply instead of listen so controversial statements are being made regarding "What Dave said" without real knowledge of what Dave did say!
Yes I remember Lool
Dave show me a entry level grocery store position hiring for 20-30 and hour
You'd be lucky to get $12 an hour where I live.
I have TWO teenagers making $17 an hour to stock groceries currently in a Nashville suburb
@@bw3nmom350 ok but that isn't 20 bucks not is it a lot of money
Three words... OUT OF TOUCH. When your net worth is 200 MILLION, complaining about gas prices is a slap in the face for the people you're talking to. $30/hour just to put bread on the shelves is a lie. Tone down your arrogance sir. Just a couple of weeks ago he was an inflation denier, now he's admitting it. These people call themselves Christian? Where is the compassion?
He can not tone down, he is to arrogant to admit he could be wrong.
He has to admit it since he has lost so much credibility. He is a very arrogant hypocrite.
Every day he sounds more out of touch with what normal people are going through
This one is pretty accurate actually
You can’t double your money supply and not see prices go up!!!
Wealth as a percentage of GDP has gone up 1000% which means we’re all “wealthier” without producing more stuff….
I wish Dave would talk more about Money printing-Things are more expensive because our moneys worth less
And yet yer still watching.
The best we can all do is control discretionary spending and increase our income. Buy generic brands, buy in bulk - but make a plan with your spouse to take control of your finances. Best of luck to everyone out there who is worried about inflation hurting their quality of life.
so right. Prices are always rising. it about getting ahead by making sacrifices. People live beyond their means! Cut back on things.
@@stmrs222 But they don't want to cut back. They want immediate gratification because they're entitled to it.
@@jimroscovius sad but true
Yes thank you
And do not listen to companies who ask you back into the office as they know exactly what they are doing knowing how bad cost of living including fuel prices right now is. Work from home needs to be a standard for anyone not working in the service industry
Many people in their current job give themselves a raise by doing less.
The person who is "putting bread on the shelf" needs that wage because their grocery bill has doubled, their rent is $2k per month for 400sqft room that the landlord puts nothing into maintenance, their gas bill to get to that job has doubled.
It seems a little flippant to blame higher groceries because "labor" seemingly disregarding that they're people who also have had their living expenses skyrocket.
Boy with the abov statement I feel that you are living on another planet.
@@davidcurtis5398 sounds like Earth
Dave didn't say they don't need the money. He said that's a reason prices went up, and he's right.
@@jimroscovius not 100%, there is a shortage of food, manufactured stuff and fuel lol. Maybe go outside once and a while.
Prices are going up because people are financing too much stuff, whether through bank loans or CC. Dave just is not saying it that way, but that is why he is telling you to stop financing things.
Let me take out the worlds smallest violin for him putting gas in his raptor lol
Even with my Prius is terrible, use to cost me around 19$ to fill the tank, now I’m at 45$
Lol cmon bro that’s it?
@@Thvyer I was thinking the same thing.
It’s a good thing I have a paid-for Tesla 💀🤣
Hmmm.. In NZ it *was* $70 or more... to fill in a tank... Now it is up to the roof!
Prius is sounding pretty good about right now lol
Big diesel pickup truck I use for farm stuff and local errands, $160.
I thought Dave didn’t give raises based on inflation?
lol... yea what a change in tone.... maybe about 3-4 months late..... even though 100% of almost all calls has been recession and inflation based
@@sugarskulllyfe5890 Only about 20-25% have
@@MD-pz3cn thats called inflation
@@Whocares12343 FAANG companies have been competing for talent for years and years. Not because of inflation. It's because they want to attract good talent.
Wage increases aren't inflation.
I had to call in for work for two days in a row to save money off gas. I had enough protected pto hours to cover those day and even more
“$30/hr to put bread on the shelves”
So out of touch
Places are hiring but mostly part-time gigs with no benefits. 15-20 per hour does not cut it anymore. I have been blessed enough to have decent savings, but I am getting to a point where I may need two jobs just to continue buying gas and groceries without having to dig into my savings. I have been seriously frugal forever. Inflation is a real deal no matter what. I agree that we should not be in panic mode, but this is killing the middle class.
Facts! That is chump change now
Killing the middle class is the point
I don’t know where you live, but I make 28 an hour to do an extremely dangerous job (industrial electrician at steel mill) and I am making it fine. So either I need to make more or these people need to develop skills to get better jobs. People working at gas stations, grocery stores, fast food places don’t deserve 20 an hour.
@@dinospumoni8860 yeah you're probably massively underpaid, don't feel too bad about it though because most people are
@@dinospumoni8860 Local electricians are $40+/hr, 65+ for senior ones. I used to make $40/hr - at the time minimum wage was $13, so I earned 3x minimum wage. Today most places pay around $20/hr, and I'm up to $60/hr - 3x minimum wage. My wages haven't really moved much relative to everything, despite going up 50%. You might want to talk to your boss about a raise. Go in prepared, knowing what you can earn nearby with your skillset. Do some internet research - glassdoor, etc.
I love Dave's content because you don't have to think too hard to get it. In fact, the less you think the more you will enjoy his content.
Changed jobs in December, got a 29k increase. It can happen.
Hopefully that's with a company that can survive the crash over the next 3-4 years, as we see a roughly 80% decrease in demand for discretionary goods and services.
You have to be willing to switch jobs. A lot of people are unwilling to do so
@@herbiehusker1889 Fear is a strong motivator.
Same.. changed my job in April, got a 20-30k raise.. if you want to make more money then get into sales!
@@enthused7591 where did you get that number? let me guess... out of your behind?
Where do they pay 20-30 to put bread on shelves?
Interesting because I remember when dave was pushing the party narrative that inflation was transitory.
I swear he just had a video about that a few weeks ago.
I guess he will acknowledge it and say that he always believed it was real.
It's like he's obligated to keep the waters still, from rocking the boat
@@lot2196 I didn't see a video with him saying anything about transitory inflation. I'd be interested to see it.
You right ✅️
Wasn't he just preaching a few months ago against raises based on inflation? 🤔 Just asking.
Meanwhile, we have enough slack in our budget that inflation, it sucks, but it's not breaking the bank every week. Grateful for that!
Yea he has mentioned that in the past. Sometimes these guys are out of touch with reality. He mentions in this video about raises at Ramsey but from their Glassdoor reviews, this does not correlate.
Yes, him and Ken are against raises that offset inflation.
Dave’s old, he’s getting forgetful. Senile
No one is making 30 an hour to put bread on the shelf maybe 18
This sounds to me like Dave is struggling to hire staff... This whole piece was an advertisement for working with them 🤣🤣
He's done that before
Inflation did not go up because people's pay went up.
These people are so far out of touch with reality.
They trying to blame it on people's pay, and not what's actually going on in the real world.
Yeah imma not gonna listen to a broke person about money
@@200imawesome Stop think that Dave in always right. And always tells the truth.
@@jimmymcgill6778 let’s do an equation. Listen to the man with hundreds of millions? Or listen to a guy with a negative net worth who has a theory? Yeah it’s not even a question
@@200imawesome You net worth have nothing to with what you know, or how much you know. Or that your options are more valuable than anyone's else.
@@200imawesome Dave's usually right, but he's wrong this time. Gotta use your own common sense sometimes too.
Wages for people putting food on shelves did not triple, Dave. Jesus Christ.
$20-$30 to put bread on the shelves? Where? Not where I live.
Cool story. Many here have said it is where they live
wheat prices are up 45% for the year. blaming everything on wages is just wrong
He also blamed it on gasoline.
But you're right, because of the war in Ukraine, wheat went up.
Too many carbs in wheat.
@@han1218 no. Because of BRANDON, things went up.
@@cs1992 well Brandon pressured EU countries to ban Russian oil, plus his anti oil policies, plus fiscal irresponsibility. I agree, but Russian invasion affects Wheat because Ukraine is a big producer of wheat.
"$20 - $30 an hour"........🥴 NOT
In Costco maybe.
@@SilentPlayer1999 Maybe in Crazifornia or New York. Looks like the average pay at Costco in TX is only $13.87/hour.🥴
@@slhines7 they still wouldn’t give you the hours if you were making 20-30 an hour
Lol I love Dave Ramsey, but he's wrong on the bread. I know because I do it part time to supplement my income. Wheat did go up. Wholesale prices haven't changed yet. Distributors are paid the same, but prices have gone up because the stores are raising prices on certain products without explanation. I assume the excessive profit they are making covers something somewhere else. Or... Maybe someone is pocketing it... But the people putting bread on the shelf aren't getting paid more... Yet...
Bread routes aren't paid by the hour either.... Just saying.
Add to that the rise in fuel prices jacking up the prices.
Do you remember when Dave said inflation wouldn’t happen/wasn’t happening? Pepperidge Farm remembers….
Could Jamie Williams give a link? Never trust somebody with two first names. Dave never said Inflation wasn't happening, he talks about it all the time.
@@LyonsArcade Go look at the video a month ago. Why Inflation Is Not Going to Destroy Your Life.
Totally contradicts himself. He totally downplays Inflation and now says its real. He's such a phony
Lol I dare Dave to go out into the world and see how many people are making 20+ an hour to stock bread at walmart
The Kroger around where I live, advertises $17/hr starting pay. So I would imagine than some places in areas with a high cost of living would pay upwards of $20/hr.
A millionaire that's so out of touch. Typical.
He said $30
Hyperbole
@@tracygaluszynski1868
Why would a debt free multimillionaire be in touch with you?
Fuel up, appraisal prices up, Texas energy prices up 50 percent due to natural gas prices, groceries up, there will be a lot more debt screams than debt free screaming coming up!
That's why it is important to try to cut the budget as much as possible. Geo arbitrage saves my wife and I $1000 A month in Vancouver Canada. It's our biggest money saver.
All of my oil/gas stocks up and paying dividends.
Two of my banking stocks raising their dividends this summer.
Always debt free.
I buy and cook chunk of foods and divide them like a weekly pill organizer by storing them at freezer and eat them so i dont have to buy foods that much especially at work just to save money because this inflation is rediculous
I still have over 40 pounds of vacuum packed meats from 2020-2021 in my deep freezer.
I do not think most people in grocery stores are making 20 to 25 dollars to put bread up.
Dont think he said most lol Thats your drama
@@donjohnson1416 If he only meant a small percentage or people, why would he say it? A small amount of people would not have an impact.
Folks on a fixed income, like Social Security or SSI are suffering. Folks who are retired and limited to withdrawals from their 401K or pension payments, are in a pickle. Not everyone can hyst go out and get a second or different job. Easy to ponitificate when you are a millionaire.
Not everyone. We live on our SS very well because we have no debt and live below our means. This inflation is a good lesson for younger people to live below their means and save for their future. Also, be content with less and don’t fall prey to YOLO. We have lived through worse inflation before. This too shall pass.
Inflation also delays retirement. Investments take longer to outpace inflation, the higher inflation goes.
With every video we see the disconnect
@@muzerhythm2242 He sounds like a boomer economics teacher telling us to keep 20% of your wages in savings!
@@notabannedaccount8362 Ever hear of the FIRE community? There are young people working to save 50% or more of their wages by cutting expenses. Check them out.
I’ve decided to grow my small business, keep my full time job and pay off all debt, invest and save more aggressively.
Is Dave saying that workers in America should have received wage increases? Because I'm salaried and my income has not changed whatsoever this year.
Then get a better, or second job
Statistically, the quickest way to get a pay raise is to go after another opportunity. Easy to say, but you really got line that up to knock it down. Do your best folks
what's your obsession with the person putting the bread on the shelf.
🤣🤣🤣🤣
Yea I work for the city and we are being laid off this week so hopefully I can find something paying a 14% increase
What city?
14% doesn't cover inflation even with simple math. Pretty much everything I touch is up 25 to 60%
That's the plan. Bankrupt the country and then reset the currency.
That sounds like an outright lie.
15% will cover it
DRAMA lol!!!
Dave, I’m sorry I’m a 3rd year teacher, live in one of the cheapest counties in Illinois with a slightly above average salary, and have gone from saving $1200 a month to $600 a month. I eat ramen, grapes and tap water.
You're saving 600 a month? Lucky.
@@kbanghart I thought I was lucky saving $1700-2000/month lol
@@galupproperties3098 maybe I can get to that point, if I ever get my house sold and then downsize in a big way.
@@kbanghart I’m not eating or seeing anyone. This is being as cheap as possible.
DRAMA
Who’s paying grocery store workers $30 / hr?
Nobody is it's fake News lol
Somehow I think working for Ramsey Solutions would be about like joining the Branch Davidians.
🤣🤣🤣🤣
😆
Wonder how much the tithing requirement is?
@@jimcole6423 10 percent daily..and it's amortized 😄
And Im sure they are SAD you dont want to work there!!!
One major driver of inflation that they often fail to mention is the massive increase in the money supply. When you have more money chasing the same amount of stuff, the price of that stuff goes up.
Wage-Price Spiral ignores fuel shortages, federal deficit spending, and broken supply chains.
WHERE ARE THEY PAYING PEOPLE $30/HR TO PUT BREAD ON SHELVES?!? Dave is so out of touch 🤦🏾♀️
Ground turkey, chicken and brown rice. Seems like a great time to drop some lbs.
Ground chicken is cheaper bro
Lentil soup. Cook and freeze in individual servings for convenience. Use less water so it takes less space. It’s practically free. Bag of lentils, an onion, a few carrots and celery, couple tablespoons of olive oil, spices. The most healthful thing you can eat.
@@Itsdjsigi its mental at this point. Anything besides chicken 🐔
Even that is expensive in my town. Beans and rice are pricey as well. It's getting ridiculous.
$20-30 to put bread on the shelves? Yeah, sure.
that's NOT what he said...go back and listen again
Where does he get this stuff?
I live in MN and I make $18.34 to stock tomatoes and watermelon at Walmart. Grocery/food stockers make $18/hr too, they stock bread, cereal, water etc
@@homeslice4551 $18 is not $20-30
For 10 hours a week.🤦♀️ As time goes on we see more and more the disconnect Dave is showing to the average person.
Imagine thinking that food stockers made 20-30$ an hour lol
😂😂😂
Costco may make close to $20/hr. If you get $30/hr, it must be at a fancy store in management.
Been proven here over and over lol Imagine thinking they dont and being proven wrong
@@donjohnson1416 send me proof that a food stocker is making 30$ an hour Don
Keep in mind that rural areas or small towns are of a different characteristic that dictates what kind of changes you can make for employment especially if you are married and your spouse has no interest in moving
Looks like a bunch of excuses for you to sit in your muck whining about it
The feeling I get at the gas station and grocery store is definitely real, it trickles down the line… counting my blessings holding the reigns and hanging on until things calm down! 🤠
Sometimes it is better to get advice from friends/family who are in the same financial situation than listening to a multi millionaire. I mean, his is great to help people out of debt, but sometimes I think that he is not living in reality.
I love watching these videos, but his claim that inflation is suddenly skyrocketing due to increase in salaries is hilariously out of touch.
You heard it wrong lol
I stay home and cook, that's how I deal with inflation lol
Me too. Food saver and freeze everything I get for low price. Make all meals from scratch. I ate out for the first time in months yesterday and they wanted five dollars for a bowl of friggin' oatmeal!
You're smart. Only way to survive this inflation crisis is to be smart. Buy less, save more and work from home. If you're working from home its essentially a payrise as you aren't spending on overpriced food or fuel everyday. Theres businesses that rely on to expose ours basic human needs for their own profits. Do what you can so they don't
Again I like Dave but sorry out of touch. I can guarantee one thing right now most single people can’t afford a house it’s that freaking simple !! Starting houses especially around Charlotte are about 350 K right now that’s insane! Put it in the mortgage calculator most single people can’t afford a house. So whats Dave is going to start telling people now? Let’s get that 20% down?? Which could be upwards of 50 K-70k now!! OK but he says I don’t mind if you have to put 10% down OK?? What’s that gonna be about 30 K?? The point on making the inflation is ridiculous these houses are clearly not worth what’s going on for smaller starter houses. I’m going to continue to rent even though the rent is a little bit high there is no way I can afford even at 10% right now down and I’m debt-free and have a little chunk in savings. I’m getting a pick up truck because I’m going to be happy. And I’m gonna continue to rent for the next 3-4 years And see what happens
No grocery store is paying 20-30 an hour. Yeah they aren't paying 10 an hour now. More like 12-14 an hour. Not even close to inflation
Invest more into becoming capitalist... Work on off table earning..
finance is also about slimming down in these times. Find places to cut back. Americans have no idea how to consume less. Sometimes u can eat at home. Cut the cable. There are so many things you could do to cut your household expenses. U want stuff..u dont need all of it
Exactly. I swear I could create a business just about stating the obvious to people
inflation doesn’t sting as much when you’re debt free 😄
It does. :(
If this situation goes on long enough, i may not debt free anymore
@@luongthanh105 100%
I would love to work with you guys. I so enjoy listening to you every day and I have learned a lot.
My wife and I eat at Olive Garden a few times a year and they definitely raised their prices. (But only about by 15%)
And to be fair, they probably had to give their workers a raise so that's what the higher prices are for.
I’m debt free as on today YEAH !
Do you want to really switch jobs now...I'd rather be at the company I have a good track record being with now than the new person at a company when companies start laying people off.
Exactly
if anyone knows a store where they are paying 30$ hr to stock shelves give me the location. geuss i should quit my skilled trades job to work at the grocery store.!! solution every1 change jobs! this is the disconnect between wealthy pple and majority of skilled laborers. inflation tax,income tax, state tax sales tax gas tax list goes in seriously!! WTH.!
Imagine if we bring manufacturing and production back to the US, prices will rise even more, yet people get mad when workers demand a living wage.
I stopped driving my truck because of gas in Cali. I’m driving my niece’s Fiesta and it still cost me $65.05 at the pump. Never cared when I used a gas card, but now it’s my debit card and comes out immediately. 😡
I heard in the news did a few years a debit card at the pump that there is a hold on your account for up to $175 for a few days
well its about dang time.... dave finally admit inflation is a problem for most of his viewers instead of denouncing it
Why is it so important to you?
Does it make you feel less broke?
Is Dave giving away a year of groceries or something?
I feel bad for first-time home buyers. Birth rates in the west are 1.6% and will probably decline even lower. Which is why the supreme court overturned Roe.
The Supreme Court overturned Roe because it was ridiculous. There was never a right to abortion in the Constitution.
All by design
@@Maryland_Kulak Surely you are not that stupid George....
Yes, and there is such a surplus of foster parents for all of those poor drug addicted babies that will be born.
@@dclaet1135 Better to be born drug addicted, than born not at all.
What about the small business owner that has seen cost go through the roof? Should we go get a “new job”?
Places like Costco have always paid people a livable wage. Other stores are now having to step up!
😂 Lawl when he was talking about his bologna sandwich that was so funny 😂😂😂😂
Noones getting paid 20 or 30 bucks to stock shelves . just stop the non sense
Where in the fing world they pay $20-$30/ hr . in any store ??? WHERE ?????
Maybe in Hawaii...dave is over exaggerating alot
As of January 2022, grocery clerks in Los Angeles employed by Albertsons/Vons, for example, are covered by UFCW contracts,
Experienced journeymen grocery clerks can earn the maximum rate allowable under the contracts, between $19.50 and $22.50 per hour. Grocery clerks tapped to head a department can earn around $23.50 per hour.
@@aolvaar8792 Yeah maybe possible in one very expensive city 👈🏽🤦🏽♂️🤣🤣 that's an outlier not the norm.
@@thinkforyourself9334
Just answering OP: "store ??? WHERE ?????"
It's called search the internet.
Is it me? Or does Dave get more out of touch daily? Didn’t he JUST put out a video on how your boss shouldn’t give you a raise based on inflation?
Is it me or are you still watching even though you think hes out of touch?
Funny, I thought Dave and Ken didn't believe in inflation-based wage increases...
Yes I remember that video a few weeks ago…
Karma teaches the ignorant boomers a hard lesson. Zero sympathy for them and hope they lose millions on their rental properties
If we weren’t growing and producing most of our own food- this would be very stressful. Our grocery bill is fraction of most peoples.
Dave you said a few videos ago that inflation raises were ridiculous. I guess you have changed your tune. People need to ask for a wage increase as the cost of products/services have also gone up.
Well said Shannon! Just the way it should be
love that you grow your own food. I am slowly starting a vegetable garden in my backyard. Want it to be my primary source of vegetables some day.
Who’s hiring to stock shelves at $20-$30/hr?????? Sign me up
I would love to work for Dave but I live on the east coast what can I do from home
Matthew 24. Bible is knocking on our door. Trust God.. for his provision.🙌🏻
The grass isn’t alway greener.