I Think My Job is Unethical...
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- Опубліковано 25 кві 2020
- I Think My Job is Unethical...
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Credit in and of itself is not evil. If you work for a company that accepts credit cards or you are there to approve loans, you have to realize that customers have to make their own decisions and you cant babysit everyone. I dont believe people should over indulge in fast food, but if I'm working at a restaraunt or a manager of a Pizza Hut, I cant possibly hold myself responsible when some obese, unhealthy individuals frequent my establishment.
Perfectly said!!!! Great analogy ^_^
Guns aren't evil either
You dont get it
Well said! I don't feel any blame even though I know my products weaken Americans and lower their immune system. At the end of the day, I have mortgages to pay and several car bills.
True
I used to work a bank. It was then I realized no one has money.
I worked in a bank for 7 years too.
And sadly it's true.
Because people that do have serious money, they don't use this banks.
I used to sell lottery tickets at a gas station. It was then I realized everyone is stupid.
Amy Chka what do they use? Private credit unions?
Since we use fiat currency issued by a private cartel (created out of thin air) & loaned to the government at interest, you're right, no one has money.
My sister use to be a teller..she always said the people with money normally were the ones driving sometimes just normal cars....the fancy cars usually had nothing in the bank accounts.
Omgggg Dave didn’t say “Better than I deserve” 😱
Truly the end of days
Keep in mind a work environment that you love, where you feel supported by your bosses... is very hard to find.
Ethan Strauss So True
This lowkey is a job application.
Loll
LOL That’s what I was gonna say. Watch Dave offer her a job!! 😆
I was waiting for her to throw it out there lol
You work for the bank, don't kid yourself thinking you work for the customer that is sitting across from you. Become an independent, then you work for your customer. It was the best decision I ever made. Impossible to maintain a fiduciary duty to your client when you work for a bank.
Craig Hossack Not true Craig. Painting with a broad brush here.
Get a new job as a financial advisor. Problem solved
Hahahahahahaha good one. WHat an honest line of work...... Hahahahahahahahahahaha
Phillip Morrison looks like someone got cucked into buying Tesla calls by their financial advisor
@@sexesnok5846 Im my own advisor. And my best friend works at a trading company and I ask him for advice from time to time... And yea tesla made me some money a few months ago after there stock spiked from china announcements glad I sold after the spike. ..
That's such a boomer thing to say.
Being a Chartered Financial Advisor is better than a regular advisor. One is paid for the service of managing a portfolio for wealth development. The other requires some churning of funds or another, to generate some kind of transactional commission. It's a different side of the same coin.
People that walk into banks are grown ups who are capable of making their own decisions. As long as she is not being deceitful or lying to people to sell them credit, there is nothing unethical about her job.
Good point
That's the problem tho some of these banks do lie she didn't want to tell people the tricks banks use because the bank she works for would track her down
It's so sad that Americans have stopped believing in individual responsibility. But, I can only imagine how difficult it is to sell something to someone once you've realized how detrimental it really is to them.
@chwparker
She sounds young. The fact that the light 💡 bulb has gone off rather quickly into listening to Daves teaching is a good thing. She’s clearly in the wrong position and should pivot into financial services for long term growth. Find an excellent CPA and Investment Firm with ethics. She could have a major impact on all the people she serves.
@@jacquelinepayne4737 She's doing great. I wasn't referring to her.
chwparker talking to Dave it’s just like listening to him on the radio
People thinking more than 10 seconds about acquiring a huge amount of debt..what a crazy concept.
individual responsibility still exists, and many irresponsible people exist, but anyone who thinks Americans aren't manipulated, programmed, almost brainwashed to consume debt, and anyone who thinks the hypermarketing of debt and overspending doesn't influence financial decisions, is not paying attention to the real world
Be Grateful You Have A Job!
Many People Do Not Have One Right Now.
Yeap
People on unemployment are making more than me and enjoying themselves at home despite me working 7 days a week, so they're aren't so bad off.
Straight up! I work for a medical practice with six surgeons and I have lost 50% of my hours starting March 28 until ........ I'm grateful to be there part-time, plus I'm not losing my health coverage and I'm able to get unemployment. Hopefully we will open our practice by May 12, which is our goal date for now.
Amen to that think money!!
Says the unemployed person making more than essential workers 😂
I work at a credit union. I was an intern in college there and when I graduated they promoted me to full time. I have to say credit unions are soooo much different than banks. My mom worked at a big bank her whole career and hated it. I would recommend working at a credit union. Yes pay might be lower, but those things she wants to focus on is easier at a credit union.
It’s hard when most companies only care about their profits and how to beat their next quarter for shareholders
That's called running a business. Employees wouldn't understand because they get paid a salary.
Would you rather invest in a company that values morals & ethics over profits Tim?
Matt Salvatore there can be both, no need to sacrifice one for the other
Tim Li Investing one way to win. Become a shareholder. There’s no such thing as looking out for the employee. It’s all about looking out for the business first.
soonermagic24 You’re joking 🙃 right??
Great job Melissa! Working to do the right thing in a tough situation 👍👍
Good feedback! Life is too short to do something long term that leaves you unfulfilled (or even has you consistently conflicted) but it is also important not to rush these potentially life altering decisions. As Dave would say, it is a "newly found values collision"
I'm sure Dave's employees don't like everything they are told to do.
4:32
This is a very good point by Mr. Ramsey. The job market for now wouldn't permit me a job change which would allow me to pay my bills, but when I have the chance I will need to leave. I don't like speaking badly of my employer much more than he would appreciate being spoken about in the way that I have been.
Thanks Dave, I needed your push about maintaining values and positivity in the work place.
Worked in Foreclosure, loved the pay hated the company and the process. Thank God I was finally delivered from that job and the company.
Great call!
Thanks for making such great content!!! You helped inspire me to start my own financial UA-cam channel! Keep up the good work!
Imagine an honest lawyer or politician.
Plenty of those characters in fiction movies
There are honest lawyers. In fact, most have to be. I’m not sure about politicians.
@@jimziemer474 Most the attorneys I work with are very ethical.
@@zidan40o0 we were too corrupt for him
Which is kind of like imagining a square-circle.
Awesome advice.
This was one of the main reasons I quit working at a credit union. You have to hit a credit card quota. What that looks like “behind the scenes” is a pop up on the tellers screen when you access someone’s account. The pop up tells you they qualify for a credit card based on their credit score. In my experience those people are always young and didn’t have experience managing money, meaning mom & dad still put money in their account & or made their car payment. I I knew what signing them up for that credit card was going to mean and I just couldn’t push credit cards on someone who didn’t NEED one.
i am with this lady and totally understand where she is coming from. I am a mortgage loan officer but I do coach my people to get out of debt. I want everyone to own a home, it is the best investment you can make for yourself. But get out of debt, the consumer debt, do not take out student loans etc. I do have "tough love" talks with some folks, some take it well some so not. And I recommend Dave Ramsey all the time.
Lisa de Kramer It’s very difficult for students to not get student loans nowadays. An instate school is minimum 20k a year. 20x4 is 80k a year. Plus housing bills etc. Grants and scholarships may help a bit but what about the other 50k. Should they work for 5-10 years to save up beforehand? The system is very corrupt, school is overpriced and not worth it, you can literally learn just by buying a book.
"A home ia the best investment you can make for yourself".
I disagree with that statement
@@467076 Your comment points to 2 great options - either learn what you can on your own from books, internet, internships and the like. OR/AND if college is 20k a year, instead of waiting for the 80k bill, get a job that makes you 20k+ a year and graduate with no debt. There is also another option - don't go to college and get a job doing something you love.
@@467076 Most instate schools have very easy scholarships obtainable that cover all tuition, usually funded by the state lottery and the requirements are normally 3.0 gpa or something pretty easy to get. The problem is all these special kids and their parents that think jr. needs the top notch dorm room or off campus apartment and needs to go to the super expensive private school, etc. If more students used the tech schools and cheaper in state schools there wouldn't be nearly the student loan debt issue there is.
perotal Agree!
Banks even have quotas about that you have to sell a certain amount of loans or risk loosing your job? They need to be sued and held accountable for worsening the loan crisis faced in this country. We need less debt not more more debt...
Man I wish I would have heard that and took it to heart 10 years ago...
Cant have it both ways girl. I quit banking because of what I was required to do . I was required to make people go into debt. Co workers are replaceable. You just dont want to stand up for yourself. Banking is greed.
I feel the same way when I am forced to push high interest credit cards on customers. You always have to emphasize the "rewards points" and "no annual fee." It's like setting a trap.
Is it just me or does Dave look pre-occupied with other issues?
Being able to disassociate is a fantastic ability to have
Once your passion is harmonious with your career you have hit a sweet spot.
I was working in a bank for almost two years and put my two weeks back in September of 2020 because I would not sit there and promote credit cards and CDs. We were pressured every single day to push credit cards and personal loans and I was the one that was telling customers to pay off their debt and pay off their mortgage. I wish I was stepping into something else before I quit though because now I've been unemployed for almost six months and finding another job in finance while getting my degree has been difficult during this time.
This happen to me, I was working a retail job when I discovered Dave and his methods and at work I had to get like 2 credit cards a day and from the day I found him I never asked another customer if they wanted to apply for a credit card. My manager got on my case about it and later I was laid off.
lol youre stupid. Some credit cards are good and help build credit. As long as people handle them properly, its not a bad thing.
Amber C lol you must be broke and as Dave says “dumber than a rock” if you are on his UA-cam and still think credit cards are good lol
I work in the events industry, and it doesn't look like my industry will be on its feet again for years :(
Netflix Dirty Money series episode on Wells Fargo - OMG!
0:17
It’s like they both mentally said “oh boy” at the same time. 😂
I became debt free during my work as a bank teller and had the same challenge.
I swear the God vs. Marmon debate will never end in America. That Mamon seems to take precedence every time...
Dave should add that job search option to his website. There are plenty of people who have had this question and would like to work with like minded people.
Gold is the money of kings, Silver the money of gentleman, Barter the money of peasants, and Credit the money of slaves. If you believe in slavery then load people up on credit!
I sometimes feel bad making a good trade and making in a couple days what most people of my county make in more than a month, just clicking the mouse. Specially when on the other side is probably a novice losing money
But hey, before any profit I almost went broke trying to trade, I bought several books and studied them to a point where I was obsessed with trading
See if there's another role you can step into with your company like working with money market accounts.
So does this mean there isn't going to be a Dave Ramsey Visa Credit Card? Where I spend and get points toward Financial Peace University?
I quit a job 4 years ago that was trying to make me do something unethical. I was denied unemployment. It took me 4 months just to find a seasonal job.
There are many non credit roles she can move into at a major bank that are helpful and probably in line with her ethics, including risk management, wealth management roles, etc
c 560630 true, I work in compliance and risk
*I had a job going door to door for a completely legitimate business, but i had a hard time convincing myself of ethics of knowingly going through a neighborhood bothering 90% of the people we encountered at their homes* so eventually my performance suffered and i quit with some encouragement from my manager to do.
Live and learn moment for sure. Hope you managed to land something more on line since then
@@phaldaz thanks and i have
There was justifiable backlash over mis-sold PPI, but the pressure on the bank staff to sell those products was immense.
I understand her, I couldn't do it too.
But, she doesn't have to quit, she can transfer within the bank to a different position. But, she might still feel like she is part of the system just a different department. 😒🤷🏼♀️
Silly woman! You have a great job just consult customers in a moral way. Credit cards are not evil. Give them advice and show them how to be responsible with them. If they don't listen then it's their fault! You are not their mother.
Because her moral compass points differently than yours, she’s silly? Nonsense. How narrow-minded of you.
@Roy_Thousand that's not true. If you educate yourself on how to use them and be disciplined then you can make a lot of money off of them.
Roy_Thousand, I profit from using credit cards. It takes discipline, but it’s not rocket science.
@@XxhimynameiscynxX you sound real stupid. Keep playing with snakes and watch ya stupid self get bit.
@@anttucc9646 you sound real stupid. Keep playing with snakes and watch ya stupid self get bit
Depends on the bank. I worked for a bank but they didn’t make us sell and they didn’t push and when I needed to figure things out they were pretty honest. But totally understand her point of view.
I’d say most people are taking advantage of others who are clueless about the product or service they offer. It’s just kind of how the world works.
More people are clueless about fiat money. Inflation does not care about savings.
I hope she finds the job that fits her new outlook. Learning about the baby steps changed the way I saw many things too.
These ads on these Ramsey videos are trash- get rich quick schemes and overpriced junk items.
@Billy Ray Cheek If you pay me 150 bucks Ill watch your 6 hr's of ads lol jk
Billy Ray Cheek I just did the same calculation for my self, and found out that the time I spend working for $11.99 is significantly less than the time I spend watching UA-cam ads per month, hence it is worth it.
Billy Ray Cheek are you saying that $11.99 also covers adds with YTTV for VOD?
Maybe ask for a transfer to a different department
When he said would you leave i farted lol haaha their my answer lol
Was in the same boat as her. Love educating others about credit, customer service, etc Working at Wells Fargo where we had to meet quotas(loans, referrals,new products) or we would be reminded DAILY. Your co workers are people who motivate you to stay there + benefits. Other than that, leave ASAP.
She apparently just needed someone to talk to.
Anthony hahahahaha 💀😂😭
It’s a sin to lend with interest.
I am debt free. Next time my mega bank puts the credit sales pitch on me...............I will tell them they are immoral for doing that ( in most cases, not all ).
dks13827 they are not immoral, stop treating it like these people are out to keep you in debt. Stay financially responsible, if you can’t use credit to your advantage then keep it that way.
Puhfs true i borrowed money to buy a car 6 years ago when I had the money to buy outright, I put the money to work and ended up 2K richer for it after deducting the interest on the loan.
They aren't being immoral
We all have to do things we don't like. There's nothing wrong with helping someone getting credit even if you don't believe in it. It's not illegal and they have the right.
I'm at Baby Step 3 but I don't go around trying to convert others about their financial choices. That's a personal decision. People react to unsolicited financial advice just like they do if you say "can I talk to you about Jesus?"
There are lots of people that manage loans and credit cards very well . I have all my life and never got into a bad situation . My kids are similar . Interest rates are so low it almost free money . Actually they pay me to use the credit card with 1.5 % cash back on all purchases . As long as you dont offer something beyond what people are allotted to have than I dont see a problem . Its the individuals responsibility on how to mange these financial instruments . At least they are getting some education from this individual
She KNOWS👀
How about a Ramsey Solutions Credit Union?
I got an ad for special coronavirus lease prices on cars after this video LOL
DOOOOO ITTT
Also you wont be a good salesman or saleswomen unless you believe in the product you are selling...No matter how nice and moral you are you cant help the consumer they will always make bad choices whether you benefit from it or not...
Credit is a tool. Use it responsibly just like any other tool. If you can't pay your credit card off at the end of every month then you don't need a credit card.
Interesting point.
Likewise, if you CAN pay your credit card off each month, you don't need a credit card.
@@Iceaxehikes That's like saying if you have money in your checking account you don't need a debit card. It's a matter of convenience for both. But with a credit card you get free money on stuff you'd already buy.....(Yes I heard the studies on this. They don't apply to penny pinchers like me.) Plus an added layer of security that you don't get with a debit card. And you build your credit. Having little to no debt with excellent credit is better than having little to no debt with no credit at all.
@@Cameron-ve1oq disagree.
If you have money in your checking account, your debit card can only access the amount you have.
A credit card allows you to spend more than you have.
That is the point; to get you to go into debt so the bank can charge interest on the debt.
Think about that.
Why do banks issue credit cards?
To be nice?
The fact that you use it and pay it off each month and avoid interest and get perks is good for you.
I get it.
But the vast majority of people using credit cards do not, or can not, pay them off as you do.
Otherwise, banks would not issue credit cards because they would be unprofitable.
As for building credit; there is no need if you pay for everything in cash.
I have never spent more than I earned.
Therefore, i have no use for credit, a credit score, or a mortgage.
@@Iceaxehikes You just made my point. If you can't use them responsibly then you don't need one. I prefer to have more security and more perks. Plus I look excellent on paper if I need to expand buying more rentals. While the banks take advantage of the majority of stupid people. I'll take advantage of the system they put in place.
@@Cameron-ve1oq so you buy rentals on credit (mortgage).
Got it.
So you are actually in huge debt but because you pay your credit card balance every month, you turn a blind eye to the fact you are actually bankrupt.
Got it.
Many people are good with credit. Credit is not wrong. Stay at your job if you love the job
So she said that she loves to teach people about savings, credit, because it’s amazing how much people don’t know anything… And then says she just started the baby steps two months ago? Am I missing something?
I thought the same thing too. She just started to clear up her debt, and now she already wants to teach everyone who walks to the door. Lol
@@MP-nj1qy Good for her. Help others not repeat her mistakes. What's wrong with that?
Thought Dave was going to offer her a job interview!
“I think my job is unethical.” Then quit!
genX Clickbait title!
Quitting is sometimes the answer. But it’s not always the only option
You have to remember, some people benefit from credit cards, credit card churning, and rewards from credit cards. It does work for some people. There are plenty of videos on youtube.
Why not speak with her supervisor or HR about this to see if they can find something at the bank that may be a better fit? Worth a shot.
Only lend to those that are able to pay it back. It’s a good business decision and it’s good for the soul.
Well Dave, what you're saying is you're willing to take a credit card as payment for your product, but you think the issuer is unethical, but you are ok with allowing your customer to go into debt to buy your product. Any problem with that?
It’s time for me to leave because it’s getting hard for me to say anything except, three more years until retirement... God willing.
Interesting question. Don’t think I could do something I felt was unethical- but if that thing was lucrative, I can’t act like it would be an easy decision. And to play devil’s advocate- credit isn’t going away, a bank will just find someone else to do the same thing.
This is my current situation... I work at a private university where I see people get neck deep in student loans for non lucrative degrees. I feel awful... but I like my job, I like my co workers, and I believe in education. It’s just some of the people getting degrees should not be in school at all...
I JUST assumed She was a lawyer.
I think you need to not mix your work with your feelings. You are not focring other people at the point of a gun to get these loans, you are just doing your job. I love the environment and I work in the oil and gas industry, both things can be true at the same time.
Wow I love to see this point of view. Someone who works at a bank that has learned the pointless cycle of credit but has to push the agenda of the bank to the American people.
🙏
She should quit.
She may fit in better at a credit union. Despite the name, they share profits with members and give back to the community.
There is nothing innately wrong with credit. It can be a very useful tool. The problem is that most people who get it have no idea how to use it and see it as free money. Take credit cards for example. If you have a good budget and stick to it, you can get a few percent back. It may not be a lot, but a few hundred dollars at the end of the year is pretty good for no extra effort. If you treat your credit line as free money and end up with interest charges or spend more than you otherwise would have done, that is when credit is bad. The problem isn't the credit itself, it is that people lack the knowledge and discipline to use it correctly.
@@andrewbaker4652 💯 agree. It all comes down to self-discipline. If people can utilize credit card wisely and effectively, it is huge win for them not to mention couple of hundred dollars that they can do a cash redemption. I use credit card to all my bills then pays them off.
Dave Ramsey is the Dr. Phil of Financial Advising. No real qualifications with a big microphone.
Nope make the change and switch jobs. If you believe in yourself you will find another job. Messing with peoples lives will sit deep in your character. Someone else will appreciate you and your integrity.
We also need people who don't like credit to be there to balance things out. Imagine if everyone in those jobs believed that we should be in debt. She could still live her values in that job.
I mean, how would she live her values? I worked for a bank from 2016-2018. I was instructed to look for opportunities to get people to open up credit cards. Sold credit cards to 18 year olds telling them it would help them buy a car, because they need to build their credit to do that. Granted, I fully believed at that time that that was helpful to them and the right thing to do. As a manager, you would just switch to being the one telling the bankers to do that same thing. Only getting out of retail banking, to wealth management or mortgage lending would let her get away from that.
@@BasiDillon Sounds like when you were working for a bank you believed that credit cards were good to build credit. They are good to build credit but also to build debt. Ramsey may say that we don't need credit, except for when buying a house....may be. I think that selling a credit product and educating a person about credit don't have to be mutually exclusive behaviors.
Work in FinTech or Credit Union
I just want to mention I have watched a few of these videos with the double anchor format and I am NOT a fan lol! It’s just awkward considering dave is so dominant. Dave does best on his own, not playing second fiddle to some no name.
Become a Financial Advisor!
I feel you’d do a great job and love that more.
Hope you see this comment
Little does everyone know that our entire economic system is based on credit and has been since the economy started growing.
Dave not saying better than I deserve??? What world are we in
I'm not sure what she expected by working in a bank. I would suggest catching careers and become more useful to society, like engineer or nurse
I'd find somewhere else to work..
I'm a subcontractor and contract through a guy I'd say is fn me over not only am I a climber but I do all other aspects of the business essentially he isn't my boss but is ...just ready to learn what I can do to make him go by the book n not take advantage of the system which is twisted enough
You can probably find some good advice from Jocko Willink on his podcast -- they release tons of clips on how to deal with difficult organizational challenges. He commonly talks about how to affect leadership decisions when you're not in an official leadership role.
Become a contractor and do it by the books. Or find a new contractor to hire you that does it by the books. Your a tree climber? What state? I'll give you a shot in MO.
@@mattschmitt9924 I'm a lineman I run fiber optic cable and climb off of gaffs I also have experience three years in this field on top of several years doing cellphone towers and fire alarms I have two degrees from southwestern Illinois College as well I just feel like I need a comfortable six figures if contracting through someone even if they are providing the work my overhead leaves me crapped out in the middle of fall when work slows and out of options but my wife's shoulders. I don't work I don't get paid and it's based on production. Yes I live in Missouri would love to work near my mom in Florida
@@itsdasqueaksbyrum404 Right on. I am a landscaper. I don't pay climbers six figures... Yet. I don't pay out that much yet. Maybe a bit easier to bite your tongue with that kind of $ coming in. Keep grinding my friend!
For the job she's describing, she's not responsible for choices that consumers make - that's their right in a capitalistic society. She's not their personal financial manager, if they want a credit card (they are applying for one after all) and they qualify, then get them a credit card. They are adults and they can make their own choices. That's like a Ferrari salesman telling a guy that wants to buy a Ferrari to not do it because its not a sound investment decision HAHA.
US Bank
Finding a job where you like the people and enjoy 80% of the work is one of life's great blessings--and hard to come by. She needs to keep that job.
By 'Help' she means she makes her living hounding Dave Ramsey's entry level students and 'Raising Cain' on the phone everyday lol.
Dave advocates buying stocks, and that's lending money. And the money that he's investing in when he buys stocks are based on the debt paradyne.
Start delivering 🍕 pizza
Do your job and make money. That s what a bank does they lend money. You don't have to.borrow money.
Dave can I buy your course with a credit card ?
yes