i was so close to filing bankruptcy 3 years ago...i worked 60-80 hour weeks for 6 months to pay off all my credit cards. that was the worst 6 months of my life.. my boss was cool about the overtime he understood my problem. i have no cards and no car loans and never will again. listen to dave he speaks common sense. dont live beyond your means.
This is why I love this guy. How rare to have someone come back from this kind of experience and devote his life to helping others avoid it. It is so important that we talk openly about debt, money and the emotions of it. It would prevent so many errors and suffering.
My parents were these people... And I feel sad that I was too young to find a solution 30 years ago... Now, thanks to YT, my husband and I have changed our family tree... Thank you Sir
These type of Dave stories really show how he is "the real deal" and make me respect him so much for where he has come from and how he helps thousands of people.
Did all that. BK, car taken, lost house, signed bad lease agreements, maxed out cards, and unless it happens to you - you can never "get it." It impacts YOUR mental state in BIG WAY - IN A NEGATIVE WAY.
I have been listening to Dave for a few years and this video of his show is the most impactful, honest, and real as it can get. I could feel his pain of his story.
my favorite video by far been listening to you for 2 years now ive listened to to money makeover pver 15 times this year. my best year so far! been paying 800 bucks a month paying it all down! and im barely above minimum wage!
You and your story dropped me from letting things get that far. Dave, thank you for not keeping it private. Thank you for your courage in laying all of your mistakes out there for all to see and the willing to learn from.
Oh man i have been their ! I was just busy buying stuff like we all are programmed to do in life, house ,car ,furniture and finance it all.I was doing landscaping to my financed house and was listening to talk radio and Dave came on.I first thought he was crazy and it was just for rich people,so i ignored him and kept on.Then a year later i herd him on the radio again and i was deeper in debt,so i thought hmm maybe this guy knows what he is doing.I have never looked back since then.Its been 3 years since i have found him and have squashed a ton of debt.The future is looking very promising.I didn't realize what i was doing as my parents raised me to buy it if you want it and finance it.I get so many weird looks now and some nasty comments from people who haven't had their eye's open'd up yet.
Dave, I couldn't relate much but I attribute that to my High school required me to take your personal finance curriculum. I have strayed here and there from the principles you teach but it always kept me out of financial trouble and now that i'm listening to you again I feel like I'm making some real traction with my finances. Thanks for all you do.
Realness! Thanks for sharing your experience. It takes a great amount of courage to be transparent in this matter. Owning one’s decisions and accepting them is brave! I can definitely relate to the discomfort and the feeling of shame.
My favorite video!!! I've been through (still in) the storm because of job loss and underemployment. I wouldn't change a thing because the lessons learned have been life altering! If only I had figured this out when I was young. I'm going to be coordinating Financial Peace later this year and plan on playing this video. Btw I had a Dave Ramsey fight with my cell phone provider. My phone is dying so I was researching new phones. I told the salesman I wasn't paying $500 plus for a new phone. He explained the 30 month installment plan wasn't debt because I was paying for a needed phone. I said I do the Dave Ramsey plan and yes it was debt. He said Dave Ramsey said it installment loans weren't debt. I asked him who Dave Ramsey was. He had no idea! I walked out and have found a cheap option for a new phone and it won't be with that carrier. I started an envelope to save for the new phone!
My favorite Ramsey short. So honest, so grounding and at one time was so relatable. Thank you Dave and team for helping me change outlook and approach towards debt.
I started reading your article in Woman's Day magazine a couple years ago!! Always loved it!!! now I have this!! Even better!! thank you Mr. Ramsey!! have a whole new attitude about money and debt now!! Thank you!!!
Thankyou so much Dave! I'm so glad I found you before I did really stupid stuff. Sure I have purchased a few things that were a dud, cost too much for the item etc. But I haven't been really stupid. I have learnt from you, Dave, and from my parents situation which is a complete mess. From looking at my parents situation I have vowed to never be where they are. Thankyou for spreading your message Dave! You have changed millions of lives!
This is WAY more useful and effective than yelling at people about how stupid they are. They're vulnerable when they call. "I get it" probably helps more than "What were you THINKING?!?!?!?"
I only lived with my mother for 1 year,the number of times I was sent to answer and was told to say my mother is not home!!! Don’t know if she ever pay her bills.
oh the good old pre payment penalties i got stung on that when i was 18 or 19 first time borrowing money $3600 all because i wanted it now and not in a month and the bike got stolen a few months later and the pre payment penalties where more then the loan. With the insurance pay out of 4000 it made it 3000 still because of the early payout fees. made me so mad!
I can imagine Dave arguing with Sharon, that's easy to imagine but I can't imagine Sharon arguing with him. She seems like such a sweet natured southern woman. That's how she comes across in her interviews on Rachel's channel.
I'm not sure I am following. Debit cards is perfectly fine as long as you budget and are good at reconciling into your budget so you aren't going over on categories. The every dollar app is great for debit cards. Credit cards Dave doesn't really approve of. Remember if you have a habit of overspending on categories than try cash envelopes.
I appreciate your videos and am an avid listener. However, everyone isn’t stupid. Having a 4 month old daughter needing two open heart surgeries that was supposed to be an in and out of the hospital in a week ending up being almost a year due to complications and my baby dying and being brought back to life, and subsequently ending up with over $3 million in medical bill debt despite having insurance, is not about being stupid. Yes there are people who make stupid decisions with their money but some get caught up in situations such as surgeries, cancer, etc that end up with a lot of medical debt. They are not stupid sir.
I think you have misunderstood. What you are talking about is unavoidable circumstances that pretty much everyone has to go into debt for. Your circumstance is a rarity or an outlier. Dave is talking about things that can be avoided. Credit card debt from over spending, car loans etc. I hope your daughter is doing well and becoming a healthy, beautiful child.
Why do you have to pay for your kids' college? They can work and pay for it themselves. If u live near Canada, our fees are like half of what yours are
Darlene Sleeth Near Canada, or *in* Canada? In the US we pay for college only if we choose to attend, unlike other countries, where you pay extra in taxes so others can go to college, whether you attend or not.
His daughter was raised on this stuff and is now a young woman with a family of her own who has to WORK for what she wants. Her father doesn't pay her bills, she and her husband do. You act as if she is fed from a silver spoon, when really, her true advantage in life was that her dad did this stuff and taught her not to. Why are you holding it against her that her parents passed their wisdom about finances on to their children?
Bob Marley you don't have to be in debt to give advice or still work the principles. I was never in debt but I was an extreme-consumer. I just kept buying and never budgeting, investing or saving. The Total Money Makeover have me so much knowledge which I have applied. Sometimes and just sometimes you don't have to go through bad experiences to learn
Absolutely, growing up and getting healthy is an act of the will, it won't just happen, we have to choose to make it happen, so many times in my life I made that choice, "I have to stop doing this", "I have to go do that", "No more doing this", "time to start doing that".
I once went to Sams Club with my boss so she could buy small Christmas presents for the team and she knew I had a club card. Well the membership needed renewal and I didn't have the $35 in my account....it was the Monday after payday. I was so ashamed and still remember the look on her face as we left to go to another store.
Have you ever pulled up to get gas, I was to scared to check the bank account because it was ALWAYS in the red. Handed the gas attendant my debit card. And PRAYING he doesn’t hand it back. Saying it’s been denied. That happened several times. Fast forward to now. Plenty PF Money in our bank account, because of you & your team Mr. Ramsey. My library in our house will be filled with your books
Serious question: It seems like so many people are dumb with money, rack up debt, but still manage to retire and get by. How?? I will still be smart with money because that is the kind of person I am, but am I the dumb one to work so hard to avoid being homeless and it doesn't seem to happen to anyone else?
i was so close to filing bankruptcy 3 years ago...i worked 60-80 hour weeks for 6 months to pay off all my credit cards. that was the worst 6 months of my life.. my boss was cool about the overtime he understood my problem. i have no cards and no car loans and never will again. listen to dave he speaks common sense. dont live beyond your means.
working shlub I agree with you.
This is why I love this guy. How rare to have someone come back from this kind of experience and devote his life to helping others avoid it. It is so important that we talk openly about debt, money and the emotions of it. It would prevent so many errors and suffering.
My parents were these people... And I feel sad that I was too young to find a solution 30 years ago... Now, thanks to YT, my husband and I have changed our family tree... Thank you Sir
These type of Dave stories really show how he is "the real deal" and make me respect him so much for where he has come from and how he helps thousands of people.
This guy has endured so much pain, but he's been resilient. Patience always pays off!
Love this man, he's like the caring, wise and funny uncle I wish I had lol
(my uncles are not like him and they're in debt lol)
I like how he pauses. there's so much emotions behind it.
I sometimes wonder if Dave has some PTSD from his crisis
@@shoeyxc Absolutely
Did all that. BK, car taken, lost house, signed bad lease agreements, maxed out cards, and unless it happens to you - you can never "get it." It impacts YOUR mental state in BIG WAY - IN A NEGATIVE WAY.
I have been listening to Dave for a few years and this video of his show is the most impactful, honest, and real as it can get. I could feel his pain of his story.
my favorite video by far been listening to you for 2 years now ive listened to to money makeover pver 15 times this year. my best year so far! been paying 800 bucks a month paying it all down! and im barely above minimum wage!
I have never done none of these mistakes. I am glad I have found these videos prior to stupidity. Is hard making adult decisions to child desires.
You and your story dropped me from letting things get that far. Dave, thank you for not keeping it private. Thank you for your courage in laying all of your mistakes out there for all to see and the willing to learn from.
Most real talk ever. So true my man.
dave ramsey is the man
Made me cry. Hahaha. Pulling them heart strings.
You are such a true lover @Dave Ramsey.....
Tons of respect for you.
Thank you for the inspiring talk, Dave. Keep the tough love coming dude; it is exactly what is needed. Rock on!
one of the best videos on youtube
I just over drafted because a bill came out earlier than scheduled. I've been so focused getting out of debt quickly, I forget to pace myself.
I'll keep tuning in this show. wanna share this kinda testimony soon.
I love these 'rants"!! I really do!!!
Me too.
Anyone else wondering where this video was gonna go from that title?
My fav one to date. Thank u for changing my family tree
I've done so many of these things! But thankfully not anymore thanks to FPU!!
Oh man i have been their ! I was just busy buying stuff like we all are programmed to do in life, house ,car ,furniture and finance it all.I was doing landscaping to my financed house and was listening to talk radio and Dave came on.I first thought he was crazy and it was just for rich people,so i ignored him and kept on.Then a year later i herd him on the radio again and i was deeper in debt,so i thought hmm maybe this guy knows what he is doing.I have never looked back since then.Its been 3 years since i have found him and have squashed a ton of debt.The future is looking very promising.I didn't realize what i was doing as my parents raised me to buy it if you want it and finance it.I get so many weird looks now and some nasty comments from people who haven't had their eye's open'd up yet.
Dave, I couldn't relate much but I attribute that to my High school required me to take your personal finance curriculum. I have strayed here and there from the principles you teach but it always kept me out of financial trouble and now that i'm listening to you again I feel like I'm making some real traction with my finances. Thanks for all you do.
Lately I’ve been feeling like it’s one thing after another. Not making progress. I come to this video for motivation. Thanks Dave!
Realness! Thanks for sharing your experience. It takes a great amount of courage to be transparent in this matter. Owning one’s decisions and accepting them is brave! I can definitely relate to the discomfort and the feeling of shame.
My favorite video!!! I've been through (still in) the storm because of job loss and underemployment. I wouldn't change a thing because the lessons learned have been life altering! If only I had figured this out when I was young. I'm going to be coordinating Financial Peace later this year and plan on playing this video. Btw I had a Dave Ramsey fight with my cell phone provider. My phone is dying so I was researching new phones. I told the salesman I wasn't paying $500 plus for a new phone. He explained the 30 month installment plan wasn't debt because I was paying for a needed phone. I said I do the Dave Ramsey plan and yes it was debt. He said Dave Ramsey said it installment loans weren't debt. I asked him who Dave Ramsey was. He had no idea! I walked out and have found a cheap option for a new phone and it won't be with that carrier. I started an envelope to save for the new phone!
Good job. You're on your way! 👍
My favorite Ramsey short. So honest, so grounding and at one time was so relatable. Thank you Dave and team for helping me change outlook and approach towards debt.
Thanks for watching everyone! Also, checkout The Rachel Cruze UA-cam Channel for life and money tips.
ua-cam.com/users/RachelCruze
I started reading your article in Woman's Day magazine a couple years ago!! Always loved it!!! now I have this!! Even better!! thank you Mr. Ramsey!! have a whole new attitude about money and debt now!! Thank you!!!
Man, I wish I could just give Dave a big hug and thank him for bring the beast out in me financially 🙌💪
Thank you Dave I'm on baby step # 2
Julia, Thanks for commenting on and watching this video! Don't forget to subscribe! ua-cam.com/users/DaveRamseyShow
Julia Espinoza How’s it going in regard to your baby steps a year later?
Yep! That's what changed me!
Thankyou so much Dave! I'm so glad I found you before I did really stupid stuff. Sure I have purchased a few things that were a dud, cost too much for the item etc. But I haven't been really stupid. I have learnt from you, Dave, and from my parents situation which is a complete mess. From looking at my parents situation I have vowed to never be where they are. Thankyou for spreading your message Dave! You have changed millions of lives!
just Awesome... keep the excellent video coming!
Yep been here before.
This is WAY more useful and effective than yelling at people about how stupid they are. They're vulnerable when they call. "I get it" probably helps more than "What were you THINKING?!?!?!?"
This whole video is great.
Water thief!! That's hilarious!!
😂😂😂😂😂😀
it's encouraging for me. if I'm on the us I'll attend fpu.
Wow...reading right out of my personal diary.
Imagine if you had to drink every time you did one of these "have you ever"s. Some people would be obliterated.
Most fatal drinking game ever. LOL
Wonderful, thank you
The man speaks directly to your soul
I only lived with my mother for 1 year,the number of times I was sent to answer and was told to say my mother is not home!!! Don’t know if she ever pay her bills.
yes. yes I have.
Love this video!
Worse feeling. Never ever again will I put my self through that stress... Dave talking about it makes me feel the stress all over again.
Great advice!
Lol...Dave yes I have been there. I can laugh about it now!!! Because I am not there anymore ;0).
I once hid out at my parents house to make sure they didn’t repo my car at my apartment.
Love this!! Great rant... and yes, we were "there" at one point. We grew up alright lol!!
Ramsey hitting them old chords
oh the good old pre payment penalties i got stung on that when i was 18 or 19 first time borrowing money $3600 all because i wanted it now and not in a month and the bike got stolen a few months later and the pre payment penalties where more then the loan. With the insurance pay out of 4000 it made it 3000 still because of the early payout fees. made me so mad!
andreweasty I've never even heard of this! That's horrible
I can imagine Dave arguing with Sharon, that's easy to imagine but I can't imagine Sharon arguing with him. She seems like such a sweet natured southern woman. That's how she comes across in her interviews on Rachel's channel.
Good talk player.
Nowadays, they put a lock on the water meter... 😕
Stealing water?? Wow Dave I feel for the old you. That is very low but what matters is that you turned it all around. Congratulations. 👏🏼👏🏼👏🏼👏🏼
stealing water isn't that low.
Your life can take drastic turn when you see your own kids starving or not having drinkable water. All of a sudden you don't care what anyone thinks.
He wasn't stealing water, he was just going to borrow it for a while.
What about bank cards? Like a debit card. I live in a rural area so that how I pay all my bills.
I'm not sure I am following. Debit cards is perfectly fine as long as you budget and are good at reconciling into your budget so you aren't going over on categories. The every dollar app is great for debit cards. Credit cards Dave doesn't really approve of. Remember if you have a habit of overspending on categories than try cash envelopes.
have you ever drank Baileys from a shoe?
AltruisticApe Old Gregg
I decided. 3/11/18, Every dollar budget done, transactions entered.
I have done all those Mr.Ramsey accept stealing utilities.
Amen!
Amen
❤️❤️❤️❤️❤️
I appreciate your videos and am an avid listener. However, everyone isn’t stupid. Having a 4 month old daughter needing two open heart surgeries that was supposed to be an in and out of the hospital in a week ending up being almost a year due to complications and my baby dying and being brought back to life, and subsequently ending up with over $3 million in medical bill debt despite having insurance, is not about being stupid. Yes there are people who make stupid decisions with their money but some get caught up in situations such as surgeries, cancer, etc that end up with a lot of medical debt. They are not stupid sir.
I think you have misunderstood. What you are talking about is unavoidable circumstances that pretty much everyone has to go into debt for. Your circumstance is a rarity or an outlier. Dave is talking about things that can be avoided. Credit card debt from over spending, car loans etc. I hope your daughter is doing well and becoming a healthy, beautiful child.
I enjoyed this video because Dave wasn't screaming for once. I really don't care for that.
💝
Why do you have to pay for your kids' college? They can work and pay for it themselves. If u live near Canada, our fees are like half of what yours are
you don't HAVE to, but if you're going to that's where he suggests you put it into your financial plan. after you take care of your retirement
Darlene Sleeth Near Canada, or *in* Canada? In the US we pay for college only if we choose to attend, unlike other countries, where you pay extra in taxes so others can go to college, whether you attend or not.
Just decide...
Joey, Have you ever....been in a Turkish prison?
His daughter has done NONE of those things, yet we are suppose to listen to her... Its like listening to a lotto winner talk about how to get rich.
His daughter was raised on this stuff and is now a young woman with a family of her own who has to WORK for what she wants. Her father doesn't pay her bills, she and her husband do. You act as if she is fed from a silver spoon, when really, her true advantage in life was that her dad did this stuff and taught her not to. Why are you holding it against her that her parents passed their wisdom about finances on to their children?
Bob Marley you don't have to be in debt to give advice or still work the principles. I was never in debt but I was an extreme-consumer. I just kept buying and never budgeting, investing or saving. The Total Money Makeover have me so much knowledge which I have applied.
Sometimes and just sometimes you don't have to go through bad experiences to learn
Absolutely, growing up and getting healthy is an act of the will, it won't just happen, we have to choose to make it happen, so many times in my life I made that choice, "I have to stop doing this", "I have to go do that", "No more doing this", "time to start doing that".
I can relate to this Dave from his past. I'd like to relate to the current Dave in the near future.
I once went to Sams Club with my boss so she could buy small Christmas presents for the team and she knew I had a club card. Well the membership needed renewal and I didn't have the $35 in my account....it was the Monday after payday. I was so ashamed and still remember the look on her face as we left to go to another store.
Melinda B Don’t worry about that b@#*%. She’s a low life that was trying to use you. She should have paid for your renewal.
She only knew because you told her. Keep your personal business to yourself. Not trying to be rude but people only know what you tell them. Sorry
Have you ever pulled up to get gas, I was to scared to check the bank account because it was ALWAYS in the red. Handed the gas attendant my debit card. And PRAYING he doesn’t hand it back. Saying it’s been denied. That happened several times. Fast forward to now. Plenty PF Money in our bank account, because of you & your team Mr. Ramsey. My library in our house will be filled with your books
Serious question: It seems like so many people are dumb with money, rack up debt, but still manage to retire and get by. How?? I will still be smart with money because that is the kind of person I am, but am I the dumb one to work so hard to avoid being homeless and it doesn't seem to happen to anyone else?