I feel Ramsey is a bit out of touch with some things, but he is correct here. Universities need to lower costs. My local community College costs $930.00(Tuition & Fees) for 1 semester of 15 cr Hrs. Texas A&M charges $11,500 for the same. That is 1200% higher. Its worse if you are a non resident of Tx, then its 40k per semester at A&M. Sounds like extortion to me.

If you don't have any money you are not fort to go college

Or.....make education affordable!

40 billion to Ukraine though

Simple solution, make the schools responsible for the loans, not the tax payers. That would dry up the useless degrees people are getting

Business as usual

😆True

Most coding jobs require a degree. Coding boot camps often times aren’t worth the money unfortunately.

If they are smart enough to get into college, they should be smart enough to get out of debt.

Liberal teachers push kids into college debt, despite themselves complaining about being under paid with their own degrees and in too much debt. Make it make sense.

Student loan debt is becoming the largest tax on the American youth and families. The price of undergraduate schooling is all determined by the government! The proof is in the scam they call FAFSA!

Thou shalt not covet thy neighbors house or belongings. I, your Lord and your GOD that art in Heaven hath COMMANDED this. The 10th and final commandment served and delivered through my faithful prophet and servant, Moses. That my own son Jesus VALIDATED in his acts.

No amount of money in the world can fix human behaviour. You could see a family with the nicest house and car that have good jobs and are respected by everyone and they all seem lovely but the moment they are behind closed doors they can't stand each other. Mother could be having an affair, father could be an alcoholic, the son could have been kicked out of school and hangs out with a bad crowd, their daughter could have a drug problem and want to run off and marry her college professor, their grandparents could be dealing with terminal cancer, their baby could have a severe disability. These problems could be easily hidden and none of these problems can be fixed with money, existence in and of itself is tough and if anybody claims they have an amazing life they are most likely lying to you.

100%

I like that backyard

I used to look up to Dave Ramsey. Followed all his advice to a T. When I wasn’t notice much going on I called in on Dave’s show. Was very polite and explained everything. Well Dave did not like that I basically just exposed him as a fraud live on his show and he cursed me out shamed me for being poor and not investing more money upfront etc etc etc. blamed me for going to college like really insane stuff That day I realized he’s just a old man grifter trying to steal from the poor just like the rest of them. It was aired live but I’m prettt sure they scrubbed the clip from the internet. Happened on his show on August 16th 2017

ramsey is a putz. everytime a man mentiond god you fall for anything

Is this 55+?

Do you have the full KZbin videos for these properties? :)

Nice! Are there any short term rental restrictions?

He said absolutely nothing but his mouth did a lot of talking

we will visit your face or look at the house

This is a w

Obviously correct. Some people cant help renting tho.

Ramsey is wrong. This isn't emotional, it's simple math. The last time interest rates were this high was 2001. The median sales price in 2001 was 170k. The median sales price in 2024 is 420k. Median household income in 2000 was 43K. Median household income in 2022 was $75k. Median home prices have increased by 147% while median income has only increased by 75%.

Depends. In the long term if you can afford to buy, then do so. I bought in 2008 at 7.5% fixed. My home was newly built and depreciated. Eventually when the market got better and I had more equity I was able to refinance at 2.5%. I’m glad I bought, rent in my area is $2500, my mortgage is $698.

Best thing I learned about real estate: You can never change the purchase price but you can always change your rate. If you can withstand the current premium but the house itself is priced amazingly? Jump because once rates go down, the prices will go right back up to meet newly qualified demand.

But what if you die within those first years? Doesn’t your family get the Death Benefit?

Fully agree. Buy the house when you can afford the house regardless of interest rates

This is absolutely wrong. What's the difference between 7% on a 150k home and 7% on a 350k home over 30 years.

Thanks Dave 🤡🤡🤡

I bought at 6.5% . Had to simply ramp up payments to pay off the stupid thing..better than renting anyday.

Yeah, he's absolutely correct. He's also got the assets to know what he's talking about.

Om tare tuttare ture soha Lorna Valencia Anacion Paltene Mesachlim jehovah la Jehovah nodu azath hejozer Deus Jehovah Deus Adonay Deus Ellium Pater royal family

That one guy in black was really good!

He sniffed his finger real hard at the beginning 😂

Don’t make dept !!!! But yes his right!!

What is debt?

I’d do it by interest rate to be honest, but yer….. 😂

Yeah but it wasn't this guy's idea, I remember watching an Oprah show episode in the 90s with a female money management specialist and she explained this then. I'm sure it wasn't her original idea either - but it WORKS. And thank god I don't have a credit card!! I'm not American, living on cards isn't normal

it don't work like that always 😢

Read “the richest man in Babylon” Remember that the Babylonians were the first that engaged in finance.

A while ago I heard him say go after the bigger first. (Maybe instead, the one with the highest interest rate?)

Damn, still all way above my budget. Must be nice to be up on the snowy white peaks, looking down at everyone else.

Good mindset. Bad strategy. His advice can cause a lot of harm. Please sort by interest rather than balance. Always pay off higher interest loans first. And don't rip out your investments unless the growth is eclipsed by your debt interest (not in terms of dollar amount but in terms of percentage).

This works…I did this a few years back

Gotta make enough to split in half brotha! 😂

Do you know how many rooms you just sold? They better put you in the Captain's nest from here on out.

I guess I should steal a car 😂

The person casually flying in the backround