The Ramsey Show (June 16, 2023)
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- Опубліковано 15 чер 2023
- The Ramsey Show (June 16, 2023)
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Addiction is a reason I had a separate account. It was joint at first but one day looked and no money for the rent. He spent it all. Marriage never lasted. Addiction is a deal breaker. 50% of household in America live alone and there is a very good reason.
Well there’s also tons of single black mothers as well. . . So the numbers are kinda skewed too!
I was one of those people at the beginning of my marriage I had separate accounts with my wife it wasn't until about six months in that she asked me again and had a serious discussion about her spending habits. I agreed and now we are 10 years into the marriage. We have continued to have money issues because of her pilfering taking money for whatever she needs, but not considering the joint needs of the house with kids. So yes shared accounts are a double-edged sword.
Growing up in SoCal going to Disneyland was part of our birthday tradition. We always had a cooler with snacks, drinks and burritos! You can go to Disney and not spend a ton of money, they even sell the Mickey ears at Walmart now so go prepared and don't buy souvenirs. I love Disney, I have great memories there and as a kid it's all about the rides not the food and trinkets.
Dave Ramsey ROCKS !!!!!!!
Will, from Atlanta.. You are 18 years old, congratulation for thinking your future and followed Dave Ramsey baby steps.
Thank you :) just trying to be smart
My husband refused to combine our incomes and right before 7 years was up, he rented a house, moved in with his employee, filed for divorce and left me within a month of having our 2nd child.
Absolutely imperative incomes be combined after marriage.
usually there are always 2 people blame for a failed marriage. if he waited 7 years it means he must have tried to fix the relationship but he couldn't .
From a recovering Disney diehard fan..finding the joy outside of Disney! Even saving and paying cash for Disney…it’s just sooo much money that the adults push to squeeze out every “magical” moment. They have such high expectations, and it’s hard long days with lines, crowds full of others wanting it all, and maybe the heat/rain on top of that. I have seen more adults meltdown than kiddos and it’s not pretty. Take that savings and go to a state park lodge, a water park, relax and enjoy your kiddos and let the magic just happen.
Josh and Rhonda crushed it
For the caller in Billings, MT. Dr. Ken Berry has a UA-cam podcast on the carnivore diet. He has used it to heal a lot of issues. I hope this will be helpful for you.
1:07:00 the education system teaches you that a teacher should be able to afford a home, not the free market. This is what you are missing. The free market does not owe YOU ANYTHING. The more people you help and the more impact you have on society, the more money YOU will make in todays world.
My husband and I did everything backwards. lol. Been together since 1995. Shared an account since 1998, bought a house together in 2002, got engaged 2010, had our first baby 2011.🤣😂
We are doing well 4 kids later. In hindsight we wished we would have had our kids earlier but either way. It wasn't too bad for us but we might be minority in these situations. ❤
Edit: 😂🤣engaged 2004, married 2005 and had first baby by 2007. 😂🤦♀️🤦♀️🤦♀️
Lol I love this pair!
Love this show! Y'all are awesome
This show sucks. Their out of touch with reality
I've been married 30 years and we've always had a joint bank account. Works for us. My sister and her husband have been married for 31 years and have a joint bank account, but pay certain bills separately from each of their incomes, and split the mortgage down the middle. It seems complicated to me, but it works for them. Everyone is different, and different things work for different people.
Got to agree with John about his stance on the the Disney trip.
Whoever chooses the question of the day picked the perfect one for John and Rachel to hash out. 🤣
Love you two together!
Engagement ring: a months salary? That’s so sweet. Mine was $60 on overstock. 😂
Yes I believe that’s ridiculous. Maybe when you’re 70 and retired should you spend money like that on a ring.
OMG if debt really gave hemorrhoids we all would probably be gazillionaires
I am shocked that he didn’t also add that the wife should stay out of it. Let the husband handle it and she should not be involved in any way. That’s his mom and his situation. Mother-in-laws love to blame the wife for situations like this.
Dave would have said for the wife to stay out of it.
I love your top Rachel!
@33:50 18yo and plans to save up money for an engagement ring.. lol. When I was 18 i was burning my eyebrows for my final exams.😅
Been Married for 20 years this year. When I married i closed my accounts and my money went in to his. We have had joined accounts ever since, now we have seperate accounts. I struggle to save. If I see money is there, kids want something I get it for them. I try not to but I do. I don't buy for myself, just them. We have never lived on credit and technically we are on baby step 3 - I have organised seperate accounts so I don't ruin our plan to move past baby step 3 and then our plan to save enough to pay off our home. joint account for savings is NOT working for me! lol
I am from Europe and listen to your show even a lot of things not applicable like ROTH IRA :D you are great and I wish there would be something similar for EU citizens.
I agree. I'm in Ireland and I'm trying to make these principles applicable in this context
Watch daily from nz
How can I buy a house on my income - question (1) could the Habitat for Humanity in your area be an option for homeownership affordability (2) a HUD certified housing counselor may have information and resources in your area, (3) could fixer uppers, foreclosures, bank REOs in the best areas be an option?
I feel so bad for the teacher. I had to leave teaching so I could pay off student loans and save for a house. Might go back once I am on baby step 7.
Keeping separate accounts when couples have big income differences is extra insane to me. Why would you want your PARTNER to have a worse quality of life than you?? And if the higher earner pays for the expensive stuff anyway, why separate it? Just put it together and then have separate accounts for an allowance if seeing their spending bothers you
Disney is possible without spending $10k+ and still getting a full experience. The All Star resorts are nice with transportation to the parks, a good food cafeteria for
Dang, Trish. You know it's a mess when they throw THREE programs at you for free. Best of luck
😅
Without any mention of being in a bad way and seemingly going right back into it! Dave would have handled that differently!!
Surely whether you have separate accounts is merely maths? Money comes into the household and goes out. Couples share and negotiate.
Yes if you get married share, just as a couple keep separate that simple 🎉
I live in the northeast and every single police officer I know of whether is be a local or a state police officer makes between 80-140k a year. Maybe if you’re paid so poorly for such a high risk job you should consider relocating. After all Ramsey solutions always preaches how you “can’t get a pass on math” and you need to “own reality” just because you live in an expensive area and are underpaid etc
But remember, Northeast is killer the cost of living is absolutely killer in the Northeast What say you?
@@isidorolopez265 certain areas close to major cities yes, but not everywhere. Yes we have state income tax (with the exception of NH) but there are more rural areas of NY, CT, VT, NH, MA where cost of living is very affordable, and salaries are still fairly high. You just need to do your research
Hahaha, that's why I didn't get married the 3rd time. He paid me rent and we split the groceries every week
My current situation.
I HATE Disney!
WHY???
I've been happily married for 30 years... separate bank accounts are the key. We talk about bills, but nope, it's separate.
Lol great it worked for you, but you’re wrong.
You are not wrong, especially is one of you is an out of control shopper.
@@alqoshgirlshe's not wrong if it works for her. Maybe it's just wrong for you.
About 2 years ago, we bought our dream home. Had the cash ready to pay in full! 600k. Last minute I chickened out and put 100k down and took out a 500k mortgage at 2.75%.
Over the last 8 months, I have taken that 500k and put it into CDs ranging from 5-6%. So, now I pay about $1100 a month in mortgage interest.But, I make about $2300 a month in bank interest.
I will admit this was a unique situation, as you just have to time it right where rates are all really low, and you lock one in, and then immediately after you lock it in, all the rates go up. I wouldnt throw that 500k in the market because I want a guaranteed return so if I change my mind, I can just pay the mortgage off in full, which I will probably do when the CD rates plummet, but I am locked into those for at least 5 years.
Moral of the story, Im glad I chickened out and didnt listen to Dave on this one.
1:11:31 I got lucky and bought in 2017
If I got married again I would share a bank account but I so need my own money
Dave Ramsey for US President 2024 🇺🇸
He looks more like a Josh
Sonja, your idea to live in a van and work remotely really scares these two kids! But I get it. They can't fathom the insecurity of parking along the south rim of the Grand Canyon for a couple weeks while working remotely, then repeating on the north side, which is a very different point of view. Desert vs Forest. Now go have fresh lobster in Maine.
A house isn't just a token of security, like marriage. It's also a painful down payment and mortgage installments, it's insurance and mowing and HOA BS, and annual property taxes and a roof and water heater and AC, yada, yada, yada. I did that. What a yoke.
Living to "retirement age" is certainly not guaranteed. I'm the first man in three generations to reach it.
Get out of debt, ABSOLUTELY. But go live your dream soon as you can, while you can still move. Go live on the river while you off the CCs. A quality van-based motorhome costs far less than any house worth having, and no more than rent these days. And when you've seen that said 500,000 miles of this great nation, without worrying about a house you haven't seen for years, you will have few regrets.
Classic pair....Rhonda and Josh
Time 49:25: Did Dr. John Delony just quote Andrew Tate?
Move. Ohio is a great place to live and we have reasonable housing costs.
I can’t imagine spending a half a million a year to live. We paid for Christian schools for all our children and we made a fraction of that. Unless you are saving 70 -80 %, I can’t see why you can’t pay out something in less that a year.
39:44 why even take this call? That was horrible.
Obviously wasn't watching the clock.
Luckily, it was a slam dunk question and answer. But yes, it was horrible clock management.
Pay the loan of 5000 with a check. Write " accord and satisfaction " on the check along with the school bill and send it certified mail and film all of it going in the envelope. If she cashes the check you are legally done
Can they give you a loan and then refund you four times more? What kind of loan is that? Typically loans always make money from the borrowers as Dave says you become slave to a lender.
I think that she meant that the mom only spent $1500 on the school expenses and then she had $3500 put in her account to do with whatever she wanted.
At least that what I gathered from what she was saying
The busy mrs. Thank you for clarification. I didn’t understand. That’s a bad mama right there.
I was confused about the part where only $5000 was used for school. Wouldn’t there be interest on that as well? I’m not familiar as to how student loans work-do you get a certain amount of time to pay without interest? Just curious-of course the fact that mom wants the full amount back is so wrong.
I’m not sure that first caller explained her self correctly. If you take out a college loan you spend it on college you don’t get a refund ??
What refund ?? I think she is using incorrect terminology
Unfortunately, she is correct. Refund checks are common with student loans and they often aren’t used to pay back the loan. The term sounds crazy because it’s really not a “refund” but it’s the common term for loan providers and schools.
@@tieramoses5789 wowza!!!
What I think she meant was that when you get a student loan, they give you the max amount you qualify for and you can accept or deny it. College gets paid first and extra goes to you and can be spent on other things.
The caller is correct. Many students and families get refunds of excess funds. People use the funds to pay for off campus housing, books and living expenses of school. Taking the money and blowing it is another issue.
It's not necessarily a refund. More of a distribution of the remaining balance of the loan once tuition and fees are paid. This is how I paid for books, discounted bus passes and food (only while at the school . . . Cherished those hooter wings study sessions at the library).
My boyfriend earns most of the money, he pays all the bills.I am building my own business so will be saving to buy a home for cash . This is my way of paying him back for keeping all these years. I would not be comfortable spending his money as if it was mine. I don't think English people general combine their income. I keep quite about Ramseys principles as I get looked like I'm mad if I say you should live without credit and I will buy a house for cash . I know what I am doing but I find Daves you can do it attitude Is very inspiring.
The family making $500,000 and feels they need to move because their extended family dysfunction could get a mortgage that they'll pay off in a few years would be pay less in interest than the extra move and losing a year or so of equity they would have had in buying. I love the principles, but that advice seemed overly "legalistic".
That's exactly what I thought. I get that they're in BS7 now, but there's no crime in getting the house you want now and have a small mortgage for a couple of years.
Extremely legalistic and I understand that, especially publicly, they need to stick to the principles in their advice, but really you're going to tell a family to go rent for 2-3 years until they can afford a cash payout on their dream home while making $500k? If they rent an average house in Austin its gotta be around $3k minimum. So you want the family to waste $72k-108k renting while building up the additional $300k instead of going back to baby step 6 with a small mortgage and huge equity position? She even said they planned to pay the house they wanted off in 2 years.
I cringe every time John is talking to a woman and refers to her as "man"
Or "dude."
Don’t worry about crypto! Black rock is getting involved. Give it 5 years and it will be a pension option.
47:21 when fibs go wrong. 🤦♂️ you get the wrong advice, advice not to specialize to your problem. Allegedly
🤣🤣🤣🤣🤣🤣 they have no clue. Someone on another team would have noticed. She stop listening then started talking you do, agreeing like one of the personalities. 🤦♂️ they so kind.❤ Look at the Movie 🎥 the 🎉🎉minimalist 🎉🎉. It may be a possibility reality. When you can’t say what you neeed to say over the air or BRICKS 🧱, high inflation. Jk 🙃 Everyone enjoys your day and remember the survival tactics we learned from our cultures. ❤❤
If you are married and not wearing a ring , why should we share an account.🤔Dalonry, isn't wearing his today.
Plenty of people don’t wear wedding rings and they are happily married.
It was a reply to be funny in a world full of uncertainty . I commented as they were talking about joining money and being married. Don't sweat the small stuff .We all know John is forever happily married. Many people leave it on there nightstand in a hurry out the door.
3 to 5k on an engagement ring on these women? No thanks
Find a man instead then.
You only lose money in crypto when you sell... just like stocks.
Unlike stocks you never gain money from crypto. Ever.
My wife and her boyfriend have joint bank accounts. She won't join accounts with me though...
You need to get a girlfriend and get a joint bank account with her.
@@bettedavis9261 obviously 😂
Some couples sleep in separate beds. Some couples have separate hobbies. Some couples have separate bank accounts. Live and let live.
You can have several accounts. One for joint expenses, one for his hobbies, one for her hobbies.
Be a man pay all the bills 💸! When my partner wants to help she helps ! It’s only money earn more and live below your means 😅! Life is that simple
What the he'll is with these people! The marriage does not come to an end because they don't share a bank account! I always thought this show was OK but now I think the host and the members are nuts!!!
You have to be nuts to live in the USA.
So we take 2 completely free things like meditation and prayer, and package it to make money from it, AND you think I’m going to respect you ?? AND you have your “mental health “ professional promoting it ?? What happened to common sense for your dollars and cents ?? Just Embarrassing !
So, you charged me $100 for people that don't have a lot of money... And you're not even backed by the Better Business Bureau? I DON'T think so!
can't stand the "DOCTOR".
Can’t stand how AWESOME he is!!!! Love John!!
Y. NOT?????
@@isidorolopez265 because everytime there is a family issue:
1. he simps all the time for the women and blames most of the time the man of the house. the husband is alway the bad character when an ex or a wife calls..
2. he make jugdment calls without even questioning not even for a second the validity of what the caller is saying. there are alway 3 parts of the truth. your side, their side and the truth.
many of the terapist nowdays they inforce the femminist agenda. that's what their being told at the Universities. and this guy is not different.
their moro is: