Stop Letting Debt Hold You Back!
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- Опубліковано 4 чер 2023
- The Ramsey Show (June 5, 2023)
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The amount of adults that will drain their spouse dry working 70 hours a week while they sit at home and drown in debt is crazy to me
Super annoying. Why aren’t you working? Your family is broke and you want your hubby to fix the problem. Get a flippin’ job! Drop the stay at home mommy bs and help your family out.
Yes😊😊😊
Women, let's get out and work smart
You sir are a married man in America. Welcome, we are with you brother. 😂
I'm finally doing a 1 year $90k audit after burning through over $500k in 5 year when wife refused to budget with me
Love that you told that couple to GROW UP and stop relying on the mother in law!
There’s a lot of people who say the opposite. Better to save money than go and rent (takes money out your pocket) only bc pride came in the way. If anything he was wrong on that advice. As long as you’re building for the future which I’m sure he was doing
@@TheGardenBuzz I appreciate that perspective! Unfortunately, that was their fourth time living with the mother-in-law so I believe that’s why Dave gave the answer he gave.
Love when Dave and George host
I live in Europe, Lithuania and I love this show. I love Ramsey and his team no BS advice. No political correctness 😂 thank god, I grew up hating debt 😃 I do not have debt, but now I need motivate myself to work and save for home 🫶 this show motivates me to work hard for myself 💪 the crazy statistics - I have for retirement saved in retirement funds 7000€, and I have more then 85 % of same age group (35-39). Different countries, same mentality - lets leave our future for state to take care of. 😮
A European who’s not a leftist? How is that possible? I thought you guys like wealth distribution, giving all your money to the government so they can feed people who don’t work and whatnot
I work average 52 hours a week, my wife works 40 hrs a week, and we are able to enjoy an excess of 3000 a month. We are only 25 and 23. We give away a TON of money.
We also cash flowed our wedding for $12K. And it was gorgeous! It can be done if you prioritize things in the budget and put in the work.
Ours was about $7k and I agree!!
Same! Although prices on certain things rose quite a bit, pushing it to $17k. But we still cash flowed it & are thankful!
My wedding cost $50
I’m new to the channel. What does cash flow your wedding mean. Just hearing that it makes me think you were able to make money on your wedding.
Wow I'm jealous!!! Mine was $76.
1:36:58 "I value my freedom more than I do my style of living"
I have a tattoo from a George Strait song that is my favorite lyric of all time. Right arm. I have it there to remind myself every day what is important in life.
@@JS-do7uxso what’s the lyric.
Now I’m curious.
Thank you Dave and George for taking my call. I will keep focus on THAT feeling.
You couldn’t just take 30 seconds out of your day and use common sense. You had to take take probably 2 hours on hold to call two loser that probably are in worse situation then you. But play smart guys on a radio show. You couldn’t just use common sense
Keep it up man. It's worth it! Having that fully funded emergency fund feels powerful. You can do it
How are you doing?? Did you make it??
I am half way to my goal of 14k!
Welcome back Dave! I enjoy all the wisdom you add to each answer you give-earned through error, time, and education and it all shows!
What wisdom exactly. Give me an exact example of David’s great wisdom. You really need to sit down take a good look at your life. You have probably never made a decision for yourself.
@@Thomas-lc3lmwhy are you trolling this show?
I agree love having dave back and has helped me and my husband so much
Don’t know what’s up with the mean comment reply above
Medical debts can be negotiated and should be. The hospital I was working at was charging patients over $300 a day for food. Think about that.
My husband just had rotator cuff surgery in a surgery center, not a hospital. $85,000! That heavens for supplemental insurance!
Several of the most affordable medical schools are in Texas, there’s one in New Mexico and West Virginia, all in the 20k range a year for in state students. Those are 2023. You get out of school what you put into it and all of these young people have the ability to get an affordable education and graduate without debt.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $121k ROI, and this does not include capital gain.
@@AntonioBianh Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
Cant reveal much info ,Margaret Johnson Arndt is the shrewd advisor responsible for my portfolio success, it's only right you look her up and confirm yourself.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..
@@AntonioBianh❤❤❤❤❤❤❤❤❤❤❤❤❤❤
Video saved ✅ Each time I get house fever, I will come back to this.
👍🏻
They are not the funniest pairing of hosts, but they still make it feel like a real treat to watch their interaction. It really shows that George is best on the more serious shows. I wish he would slow down and transform the George Kamel channel, but he might not have much control over that?
I'll tell you why the Vikings stadium is paid off early: Because I am gazelle intensely paying off my mortgage with them! WILL BE PAID OFF IN SEPTEMBER OF THIS YEAR!!!!!!!!!!!!!!!!!!!!!! 1 month shy of 10 years since I closed on this property! (Mind you, this is a $75K home, and it is actually now a rental property. Also, it has increased in value to about $120K!)
Did you do all that or did David. My bet is you did all that. So why even mess with David. You seam to have common sense. So why not turn his sorry show off so these loser will have to get off there ass and get real jobs like you and me
In other words, it’s okay to skip out on debt because you’re worried you won’t get your money. That inconsistency was not addres at all. It has nothing at all to do the fact it’s a student loan or if you signed up for it. Just that you’re worried they won’t pay.
My first car was a 66 Chevy 2 Nova . My parents bought it for $800. It had a glove compartment that was wired shut and torn seats but we had a friend reupholster the seats and fixed the glove compartment and put in an 8 track tape player(this was 1974😊)and I was doing house cleaning jobs part time and made small payments to my parents to teach me finances.I loved my car and named it Chuck.I was a minister from age 17 until I got married at 9:08
i watch Dave Ramsey everyday amazing show very informative inspirational,motivating love it but honestly i love Dave & George host and Dave & Rachel.
Dave couldn’t be more wrong when he says ‘it’s always been this way’. He knows about the Housing Affordability Index, he’s just not talking about it because it shows people who bought homes 10, 20, 30, 40 years ago did so far cheaper than you can buy property today. Housing has always been expensive but it’s getting more so and less and less people will be able to buy a house.
David did get one thing right. He took common sense. Called it baby steps and the sheep came out in droves.
If housing keeps going up and wages aren't increased then his whole spiel was pointless. He's out of touch with the middle class
You guys are the ones who are clueless. People used to buy homes much cheaper… absolutely. However, wages were cheaper as well. Back in the day my parents were buying $40K-$65K homes. But minimum wage was $2.75/hour (some people were making $5-$6/hr) and making $40K a year was a good living (family of 6). Today, a decent home costs $150,000-$200,000 (same exact homes) and minimum wage is $8.50 (in my state) and that same job 45 years later brings in $150k-$175,000. (Depending on experience and soft skills). Things are about the same. Some people get paid $10-15/hour. Yes, this is roughly 50 years later. But everything is relative.
@@michaelnaydasibbel5414 Dude just look up the housing affordability index which takes into account inflation, average wage, average house cost. It shows that housing in many Western countries is now 10x annual income where it used to be 2.5-3x. You are just not informed. Sorry.
@@michaelnaydasibbel5414Please tell me what job that is? What job was minimum wage $8.50 that now takes home 175k? I feel like you didn’t mention the job specifically because your full of shi$t, oh and also completely wrong and misinformed.
40-49 minutes had me howling! 😂
Great show! 👏🏼
Dave Ramsey for US President 2024 🇺🇸
George Kamel VP
Connor, come to Australia! It’s awesome here❣️
Love your Podcast
Finally Florida
I would love to see you guys look into and maybe interview Sarah crisp who is a New Zealander I think who has a print-on-demand company and she says that she's a millionaire in her twenties and she recommends credit cards and flight miles
What fascinates me more than anything is the adverts that appear on Dave Ramsay - we have Crypto gold and property flipping. on almost every set of youtube adds oh yes and all forms of gambling. The advertisers are barking up the wrong tree.
I’ve always wondered the same thing as the first caller. Still kinda wish washy on that
“Living in a cave and collecting lint and only coming out on triple coupon thursday” Hilarious!!!😂😂😂😂 Only Dave🤣🤣
Between a term life insurance and a mortgage balance insurance, which one should I have?
yup the problem with my money is me! 🤦♀️
In the beginning of the show Dave is referring to a cash contribution from the debtor asking for the settlement. Just a loss mitigation term and it makes good business sense for the company to accept the settlement.
I negotiated on my sister's behalf and helped her get out of debt.
In the baby steps…When we pay off a credit card debt are we supposed to close the account?
I am only 36 years old, and even I recognized the green acres song, lol
Built for the future instead of paying for the past.😊
please start a canadian FPU!
I feel like watching you is my college
52:41 😂😂
Yo what's wrong withthe Nisaan Xterra?!
My God, if my wife wanted us to live with her parents...you best believe I'm out. I love my wife but I also love being happy in life. And that's not happiness
Go Florida for passing a Financial Responsibility requirement for schools!!
The ad at 30:35 for George's Fine Print podcast-- is he still releasing those?
No, it was a limited series and we’ve refocused efforts to my new UA-cam channel which delivers very similar content three times per week!
@@GeorgeKamel Good to know! Thanks so much for the response :)
But Dave, this time it’s different! 🙂
OMG my cousins move back in with their parents ALL THE TIME one of them has 3 kids!! And lived with them for over a year....3 years?
Green Acres is the place to be!
I need a 401DAVE too
I would love to see more debt free screams!
It's more common for them to pack three into one show. That is TOO MANY, in my opinion. It think one per show is just right.
I’m always hoping there is one at each show too!
@@cassidy745 I know! There seems to be less now! They really help me!
It depends on when people show up to do their screams. They're from all over the country. Hello?
If you can live with family and it makes saving money for everyone under the roof possible, it's a good idea. Multigenerational living situations are very common in most countries, I wouldn't take Dave's advice on that one.
I think the error is that they say moving out is not in the picture. As adults, they need a date not only to take responsibility of their financial decisions but also for the sake of the family environment. I'd leave there nit longer than 2 years...
I agree. Obviously her mother in law was willing to work with them by offering land. If they like the area and are ok with living near family, I don't see the problem.
But they've run back to his mommy 4 times in 8 years. That's why he told them to grow up.
Great team, great advice. Thank you.
What advice exactly was so great. Give me the exact advice that wasn’t just common sense but your so ridiculous you can’t think for yourself
Hey I am a big fan of Dave and I am from Hong Kong. I wonder why the Every Dollar app is not available for HK region. I tried to ask my friends to download but they can’t download it from Hong Kong App Store!
It's only available in the US.
The app is only available in the US, but you should be able to access the web version from anywhere.
David sucks. Become a big fan of yourself.
I’m in Japan and I tried going to the website and it won’t let me. It directs me to the App Store then from there it can’t be found. 😢
Any more debt free screams??
Pretty sure the Panthers stadium is paid off. It was financed through fans purchase of PSLs.
Billion dollar teams getting fans to pay for their stadiums and then charging exhorbitant prices for tickets is the biggest scam ever.
Late starter saving for retirement. I’m 51. Divorced. No 401k. Only one income. Single parent. If I sell my retirement cabin in NC, after capital gains fee, I would have 150k to start my retirement path. What would u advise?
Do I invest in an opportunity zone fund in miami w 3.8% return ?
Invest in stocks? Or buy a duplex?
Wow wish the local districts would’ve approved the financial curriculum before my daughter graduated.
Cashflow my wedding for less than 6000 and it was beautiful absolutely beautiful.
100 gonna hate going back in debt… make the mistake it haunts me….
vikings stadium debt free! I vote DR should go and scream debt free at the stadium!
Sure, only if its completely on their dime! 🙄
Stadium paid off before winning a Superbowl! Awesome! Lol
@@Heidishereandthere lol true!
He is 33 and she is 23 ?? And y’all have cards and accounts together, smh
I wonder what they are laughing at just after 1:16:30.
Somebody in the booth (producer?) said something funny
How do you save up 12k in a few months? Between me and my wife we make about the same as the dude getting married and there ain't no way we can save 12k in a few months. What do you mean by few? All we have is our house and typical bills and we could probably save about 9k or a tad more for the year into savings.
$9k a year is only $25 a day. Just work an extra hour each day and increase that to $50 a day or $18,000 a year
@@jimbobjim2310 get paid salary. So no overtime pay
Dave I love you but we have a 2012 xterra that my wife bought new before we got married. Paid it off years ago and still drive it every day. Best car I’ve ever owned
Where is Kristina Ellis?
College Ninja
Kristina Ellis is doing ministry
@@sx2882what kind of ministry, and for whom/what?
She left like many do....
The financial hardship is people losing jobs. Actors are very concerned - and that’s just one group.
Football stadiums have debt? Wut. With all that revenue they don't pay that off?
Stadiums are crazy expensive and owned by people who can make way more using their cash flow on other investments. It's a pretty basic concept.
@@nowthatsurban well that's just dumber than a rock!
A lot of them put the cost onto the fans in league with city leadership. It's a scam.
I’m not worrying as much about AI, as I am about hackers out there who, if money is waved under their noses, they will steal from their families. They could conceivably take every penny from us.
The bank is responsible for protecting the money you deposit. Don't worry about this.
😂
Okay with the guests that said that they're living with her mother-in-law I think that they're doing the right thing and this situation if they have the 42,000 from the house sell and they pay off the car at 16,000. They're living with the mother-in-law trying to put a bigger down payment on a house or the barn house on 2 acres that was given to him. I think it's a good idea because then they can pay that off and really be free. I don't think the daughter and the mother-in-law argue with each other I think they like each other and get along.
Mom could get a job if the kids are at school age and help to put money on the barn.
I buy clothes at Ross I PAY MY BILLS! What Dave is suggesting in NOT ETHICAL AT ALL! If you can't afford DONT BUY IT! Why should iii pay for someone else's bills???🤬😠😡
2next
You have to understand we don't know a lot about finances, small print and contracts, tricks and fees, written by corporate lawyers, to kill us. so we call Dave Ramsey to pick the knowledge in your brain to correct our stupidity. Please don't beat us up, we need your help!
Does Dave Ramsey popping up on our I phone mean he’s spamming us, we’re spamming him? Or we’ve elevated to his mindset on making everyone around us millionaires installing a crime free inheritance and legacy transfer system at NICER in April 2024.
I developed post-partum depression after letting my in-laws live with us because they couldn’t afford to pay rent. It was the worst decision of my life. I will tell my children to never live with me once they have a partner or married.
What happened to family? It died at the end of the 70's?
The debt free scream was a let down, not very personable.
34:00 How many times can the Ramsey show deny this simple mathematical truth? Dave's preferred avoidance tactic for this one is the genetic fallacy.
Where Dave is wrong is that it is IRRELEVANT that a debt collector purchased the original debt that one owed for “pennies on the dollar”. (That is between the seller of the debt and the buyer of the debt.)
It’s not irrelevant. I didn’t receive service or enter a contract with the buyer of the debt. My debt is with the original creditor. No one made the buyer buy it and TRY to collect. They chose to spend the money in hopes of getting paid the full debt.
It's used to have prenegotiation point, finding a middle ground.
@@zachmiller2521 so Dave suggests you go to the ORIGINAL company (and not the new owners of the debt) to try to pay a reduced amount?
@@GaryFowlerPiano that’s the only person I would pay the debt to
More than one of my mortgages in the past were sold to other companies. Only paying the original person you owed debt to doesn’t always work.
If it's possible to be "over saved", then is it possible to be "under saved?" Tired of Dave using this phrase and concerned by his attitude...
...but love the show.
What exactly are you complaining about?
Min. 53 "If that offends you, then you are 'oversaved.'
Dave has been using this phrase recently and it kinda bugs me.
Here is my overarching thought... Dave's story goes like this. He went bankrupt, then became a Christian, then discovered God's ways of handling money. Because of this, much, if not all, of his Financial Peace program is founded from Christian principles. Because of this, Dave attracts many churches and Christians. It's my opinion that Dave should be more respectful of Christian values, including language and attitudes, considering passages like Roman's 14 when possible offenses are made. I also wish he was more open about his personal faith and that his advice would include encouragement to seek God's wisdom in our financial decisions, especially when show callers acknowledge they are Christians...
Now, I fully understand Dave's dilemma. His financial advice is applicable to every person in practicly every setting. Many people who aren't Christians listen to and enjoy the show. And based on many of their comments, they get tired of Dave's "religious rethoric." Dave feels the need strike a balance between the two types of listeners. He has
verbally acknowledged this dilemma on past shows.
But personally, I wish he leaned more towards the Christian audience. Jesus says that if one is ashamed to acknowledge Him, that He, Jesus, would be ashamed of that person (Luke 9:26). Let's not be Dave-ish or Christian-ish.
To change the subject to a more humurous/snarkey subject. It also annoys me when people alter Dave's Baby Steps. Just stick to the plan. It worked for me... I'm on Baby Step 8b. Lol 😂
@@darrenhabecker6948 I think he was aiming that playful jab at Christian church PUSHY people who seem to purposely omit a reasonable sense of humor.
If you get offended by that, then don't consume Ramsey Show content. Grow some skin, breathe a little, learn to laugh some.
Would you rather Dave be this ridiculously uptight freaking nun? Shit people already bitch because he's this hardcore Christian and he mentioned Jesus's name fairly often and the Christian religion in how it connects with Ramsey Solutions' work.
He used to be far more of a baby boomer ( although technically he's not quite old enough I think. My mother is a boomer and she's around 10 years older than he is I think at 73 and he's around 63 )
Yes! Get a job ladies! You’re not children!
Dave it’s not “always been this way” regarding the housing market. There wasn’t a firm like black rock openly admitting they plan to buy 60% of homes in America by 2030 to squeeze the middle class out of home ownership. Yes I’m sure people complained about interest rates for mortgages since the invention of a mortgage….but it has not “always” been this way and it’s not just NY and California where millennials and gen Z are completely screwed and priced out of home ownership. You really do sound like a boomer that has no idea what your talking about. Boomers had the advantage of one of the biggest economical “booms” in history.
Dave doesnt get it. 30 years are 80% of all morgages
That's because they choose to over buy then have no choice but to get a 30 year mortgage so they can afford it
@@christopherhardie1050 theres no other choice of ther than 30 year and 35% ,of my pay.
@@nikolaig1 Probably because you made so many dumb mistakes years ago that prevent you from being paid well.
Best thing I ever did was refinance to a 15 year fixed @ 2.25% interest. Not only does it reduce my pay period by half, I’m making additional principal payments so the end date to pay off my house is even closer 🎉
Those are all brokies with mortgages. I think you’ll fit in with them just fine niko.
I hate it when Dave screams.
I love it. Does it scare you?
If only you could be more like those “over saved” people you might know better Dave. You endorse Craig Groeschel, affiliate yourself with elevation church and promote the hallow app 🥴
What is over saved? I think I know, but I want an expert's (@amazinggrace8136's) explanation. Thank you!❤
@@bettedavis9261 there is no such thing. You’re either saved, think you are when you’re not, or you’re not. It’s either what the Bible says, or it’s not. Whatever he meant, I’m just glad he clarified he was joking. It would be bad to say it’s Gods voice telling us that buying his product will help change some of our habits. It’s obviously not.
@@bettedavis9261 He’s basically making fun of people who actually knows and obeys the Bible 🤷♂️
@@amazinggrace8136 I thought that's what it was. I've heard him say it occasionally. Thank you for responding.
Dave isn’t a good person in my opinion. He does help people, however, I believe because he makes millions+ by doing so. I’m sure now w/timeshare exit. I heard they paid Dave $450,000 per month. Dave is a egotist who’s feeling are so hurt by a bank years ago.When Dave dies, family will lose his $$$
So; he isn’t a good person because he helps people but he makes money from advertisers?
LoL says the person complaining on the internet.
So a business owner shouldn’t make money when they prove their methods are successful? I’m sure you would have quite a different opinion if you were the very successful one. Everyone deserves to be compensated based on their level of success.
Of course he's not a good person. He's American!
Wow that’s negative. Why listen to his show just to leave a hurtful comment 😢
The churches have personal boxes at the football games and it's not a money scam? I don't think so
This lady just called David’s sorry radio show and told him she knew a coworker was stealing. David told her to tell and quit. Ok. So let’s think. David told her she called his show because it was giving her anxiety. No no. She called your show because she wanted you to say. Ok sweet heart I tell you what. Since you called my show I will personally come help you and I will also give you money. Or she wanted David to say what he said out load. Put her on hold go to break then very quietly give her a secret pill that magically got her out the bad situation. See people here’s the problem. She didn’t need to call David. She already has the answer. She already knows exactly what to do. But she’s to weak minded to act. She wanted a magic pill. There is no magic only hard work and common sense. David sucks.