$265,000 Worth Of Debt (Bad Decisions Finally Caught Up To Me)

[@drn13355]

Dude was making 230K a year and dead broke. People blame Biden, Trump, or anyone else...this is 100% on this guys horrible decision making. He was already living waaaaay beyond his means.

[@Originalman144]

Which is crazy because making $242k (with his bonus) he should have easily been able to cash flow a BMW and these other purchases. Nothing wrong with a single guy living it up, just pay cash.

[@TheOriginalLugnuts]

⁠@@Originalman144 A lot of these guys mentality is to borrow money at low interest rates and invest their own money. I talk to people all the time that think this way, they also think they will never lose their job.

[@profit822]

15 years making that much I would be retiring right now 😂

[@BlakeWheelersBurnerAccount]

Victim mentality

[@Krashoan]

@@TheOriginalLugnuts Even this could have worked without major issues if he had invested outside his retirement account, he could have been selling off investments with long term capital gains rates in case of not finding a job. However he had credit card debt, so i doubt all these interest rates were actually much benefit to him.

[@blackspiderman1887]

When the CEO holds an unexpected meeting saying that everything is going to be fine. Start applying to other places

[@GoogleAccount00]

No lie

[@turtleanton6539]

😊

[@davidbrayshaw3529]

"You can't out earn stupid". What a classic statement. Can't wait to tell my son.

[@Guitarlvr01]

This episode really shows how money is never actually the problem. You can have all the money in the world and have behavior out of control.

[@bee12355]

Yep

[@suen5006]

Not never. Sometimes it is if you are a low income earner and rent is as much as you make.

[@FreeAmericanUSA]

You can hear the stress in his voice.

[@turtleanton6539]

Yeeh🎉

[@truthtelleranon]

@@suen5006 Nah. Low income is not about money. Low income is about choices. It always boils down to choices

[@schondra1993]

Cant even be mad at the guy. He took accountability and seems like he's ready to clean up his mess.

[@jimroscovius]

I hate stupidity!!

[@Clipahoy]

You cannot. He spent his money on Cc and women all his life. Now he is jobless. He is paying for his mistakes now.

[@psharpe5904]

Not mad at him... just sad it took him $265,000 to realize the error of his ways.

[@schondra1993]

@@psharpe5904 At least its not $800,00 and 60 years of age like some other callers lol smh.

[@Chromewarrior]

No one’s mad at him, just unbelievably dumb…

[@tishr9670]

He was spending his money on eating out , liquor and prostitutes.

[@JakeStewart1343]

And negative equity car loans 🤣

[@enriquejaimes3368]

literally lol

[@millsykooksy4863]

Sounds fun but dangerous

[@turtleanton6539]

​@@millsykooksy4863indeed but u only have one life. So

[@mtbokor1969]

Prostitutes? He didn’t say that.

[@scoobie8amg]

It's not about what you make, it's about what you save.

[@randymillhouse791]

Not to this dolt. He needs to understand that he will eventually have to stop working and plan his final days until his death. No one talks about this.

[@situated4]

And who you do or do not marry. Oh, God.

[@toddaustin2198]

Dude could easily be a multimillionaire by now if he had his 💩 together financially!

[@simonpegg1196]

It's such a shame because there are many people who would be very cautious with their money, but unfortunately can't even get their foot in the door to get jobs that would set them up financially for life.

[@midlifecrisis7888]

bet he had fun though, you can't take it with you.

[@larrybudsock6507]

​@@midlifecrisis7888 He's not having fun now.

[@paulc3749]

sports stars end up like this , massive earnings but not thinking about 10 years ahead

[@ralphholiman7401]

One of my co-workers, a friend of mine, who never made over $200,000, never got married, never had kids. is 62 now and has over $6,000,000 in investments (I know him well enough that a few months ago, I just had to ask, "How much money do you have put away, dude?" I knew it was a lot because I had seen his portfolio twenty years before, and it was pretty good then.).

[@hubertroberts7800]

As soon as I saw $265K in debt and Atlanta, I knew he was tricking off lots of money on women 🤣🤣🤣

[@unfairsanic5089]

I wont be suprised if he is simping on women

[@williamhodges3941]

Yup and had the time of his life lol.

[@omarilindo968]

😂😂😂😂😂😂😂

[@bmwlane8834]

Bhah....damn truth!

[@spirenoir]

that 40 dollars a pop started adding up 😂

[@rbraxton00]

Very unfortunate. I am always telling my daughter, please save your money. Don’t get into debt. You never know what will happen.

[@Naturenerd1000]

He doesn't even have a family and is in 250k of debt despite making 230k a year. 🤯

[@Tunechi65]

Spending like congress

[@ruthirwin8222]

Incredible, why can these people not count

[@Drkbardockssj]

@@Tunechi65hey might have them beat lmao

[@buckybarnes3803]

New title: "$250,000 a year on Restaurants and Women"

[@mosesyi5523]

😂

[@luketarplin]

And cars

[@rnt45t1]

Women WILL spend you dry. It's never enough for them!

[@joelkaben]

​@@rnt45t1 😂😂😂

[@JakeStewart1343]

* and rollover car loans 😂

[@Greenlights111]

I got laid off this past November, it was a total surprise. I remember being so stressed at the time, for obvious reasons. But I am only 24, single, and thankfully had enough savings to get me by for a while, at least until I found another job. It just makes me realize how right my grandma was saying “it’s never so bad it couldn’t be worse” - if I had been laid off with $250k debt, or a family to provide for on top of things I can’t imagine 😳😳 I am so thankful for my parents, my family, and my upbringing for instilling the value of saving and living below your means among many many other things. I am certainly blessed, and I should take note from my grandma, but I pray that I find someone special to share my life with and a career that is more personally fulfilling to me. In due time I suppose! As my mom says “let go and let God” ❤️

[@Shay-yg7nm]

This is a great example of it doesn't matter what you make. If your bad with money , your bad with money.

[@situated4]

* you're

[@EduardoHernandez-vj8vx]

Dudes making 250k in a world of stress. I’m making 70k, own a home have, savings, have a family. Minimal stress. Life is good. People chase money when after a certain point the money doesn’t do much more for your quality of life.

[@mmorphy4258]

No Lamborghini?

[@bee12355]

You know how to manage your money

[@XFizzlepop-Berrytwist]

I disagree a bit, I know there is a study out there that did say after like 80k happiness rarely increased for most. I find that to be kinda BS personally… It might be 100k in todays world, counting for inflation, but I am a firm believer that the more money you make, higher quality of life you can achieve, the happier you will be. (Assuming you have a normal job with normal job problems, and not busting out 80+ hours a week. Yeah after a certain point it wont matter what you make, cuz you wont have time to enjoy what you make.)

[@mocheen4837]

I switched to working 3 days a week from home. I used to grind 65 hours a week but it started to get old. Now I have four days off to be home with the kids and do chores around the house. I also find time to hit the gym and ride my bike. I no longer have to buy work clothes or commute into the office. I do miss the free food and drinks from the office though. I make a little less now but still bring in over $200k. The trade off was worth it. I still max out my 401 K and pay for both of my kids college. Just working on paying off the house now.

[@EduardoHernandez-vj8vx]

@@mocheen4837 that’s what it’s all about man! freedom is more important then excess amounts of money. Great stuff

[@UKRenna]

You think the money will never stop, but it can end in an instant.

[@ricedrown]

My mom says to us. Don't underestimate money and health while you are young

[@tokenblkguy00]

It’s really hard to feel bad for people like this.

[@christianwilborn4620]

Not if you take into consideration there are a multitude of different mental pathways that are created depending on individual circumstances. Guy made a mistake, ignorantly or not & this will teach a valuable lesson. Don’t shame people for making mistakes. Helping involves not doing that

[@lorrainea.285]

We don’t care!!! We still DO NOT feel bad for this 🤡

[@jjonez787]

Impossible for me to feel bad for idiots like this.

[@ghostbird92]

Unless there were some crazy medical bills due to a health issue then I have absolutely no empathy. People just spend like they'll keep their job forever, never even thinking of what could happen if they get laid off

[@goforbroke2]

Don’t feel bad for him, just learn from it.

[@Buggu3]

That guy will be fine in no time.. keep ya chin up! He took complete responsibility of his actions good start

[@tshandy1]

What a shame. He lived up to his ritzy salary, but the ritzy salary just went poof. Think if he had lived like he was making $100K a year instead.

[@margie909]

It is not about what you earn, it's about what you keep.

[@MrJimmy3459]

Thats corporate America for you, you can't trust anything they say look out for yourself I know from experience

[@MrStv1163]

Somehow I don't think it's corporate America's fault that this dude took on hundreds of thousands of dollars of debt with no meaningful savings and was not prepared for an eventuality anyone can face. No, this is 100% on him. The guy had a major spending problem and was reckless with money and credit. All his job was doing was staving off the inevitable for a big longer; he was in big financial trouble well before he lost it.

[@FreeAgent797]

I think the most important thing we should look at is his mental health. There had to be some type of underlying issue going on for him to be out of control like this. I hope he is seeing a therapist or something. That's the key to almost all our issues in life.

[@jimroscovius]

Making $225,000 and only have $45,000 in the bank? That's foolishness!!

[@megalodon1726]

Plus the $265K in debt. Negative net worth! The homeless man down the street with $5 in his pocket has a greater net worth than this guy.

[@carpediem6431]

In his 40’s……….. this dude isn’t even in his 20’s to be this stupid.

[@jimroscovius]

@Matt's Gambling Slots I forgot about that, but yes. Too many stupid decisions.

[@jimroscovius]

@@MattsGamblingSlots Still, I have a WAY better net worth and make a LOT less money. He's wasted a lot!!

[@666dynomax]

​@@megalodon1726 that's sad actually Isnt it never thought about this. He's been accumulating this a long time

[@roshunepp]

This is why it's not unethical to work 2 jobs and why Dave's right about debt.

[@hiteshadhikari]

Its never unethical to do two jobs if u can do them on seperate times or without slacking on both at once.

[@seanjean9677]

I’m a physician and I have two jobs! I remember during Covid people weren’t coming to the hospital and we had to cut back on hours then had to cut back on staff. I will always remember!

[@kenshin2056]

I am a Systems Engineer, and I make around 150k. I have Uber as a backup and some passive income if something happens. I can survive with Uber and Passive income while I find another job. Uber in my area can range from 25-50 an hour... if I work 40 hrs. (I tried this several times while on PTO; I can make 1200-1500 enough to survive while i look for another job.

[@aolvaar8792]

@@hiteshadhikari I had a company pay me $60K/yr not to work AND NOT work for any other.

[@ricana1160]

@@seanjean9677same I am a registered nurse in the Emergency Dept, I work two full time jobs. I have no kids. I work as much as I can to save money.

[@redfox_84]

rolled over negative equity onto a BMW, now he learned about German luxury car depreciation 🤣

[@TheGomez1105]

That is a terrible situation. This happened to me in 2017. I got fired from my 6 figure job and I was living it up, buying (financing) new cars, using credit cards, bought a home. I took a 50% pay cut and I still haven’t been able to land another six figure job but I learned not to be a fool with money.

[@situated4]

You'll be better and wealthier in the long run too after learning all that the hard way.

[@liberalmadness7248]

You mean to tell me the CEO lied? Color me shocked. 🤨

[@docdoctme]

The fact that he had a meeting with EVERYONE to say there will not be any layoffs would of sealed the fate that layoffs are coming.

[@blaisetelfer8499]

"Basically, I would have to pay $30K to get rid of this car" is a horrifying statement

[@typorter-pp6lh]

I’m gonna come back and watch this video next time I start feeling sorry for myself. Good lord.

[@justinebailey5333]

Right

[@KingDreamIV]

Lmao right cause man…

[@anthonykence9954]

I think we have all made bad decisions in our lives. Sometimes it takes a failures to wake up

[@LoveTropperMC8]

Thanks!

[@pompeiyous2138]

230k on strippers, prostitutes, drugs, and alcohol...trust me, he aint give up that life, he just cant afford it right now

[@turtleanton6539]

Yeeh

[@imveryhungry112]

Just think, someone was paying this guy a quarter million a year and he was actually SURPRISED when they stopped!

[@Summer_haiku]

He can’t even explain anything succinctly. And he’s getting paid doctor money in Atlanta!?? Wtffff

[@imveryhungry112]

@Summer Haiku he was overpaid thats why they layed him off.

[@millsykooksy4863]

People are crazy

[@mzstacystacks3168]

@@Summer_haiku lol doctors don’t even get that paid

[@teddy9267]

this is so baffling. You have to go out and borrow money because you can't live off of 200k plus income? what is wrong with people?

[@zariaeda007]

Everyone always thinks if they just had more money they wouldn't struggle. Doesn't matter how much you make if you don't know how to manage money. The more people earn the more they spend. They start to upgrade everything. They usually get a bigger apartment, house, more expensive car, etc.

[@MarioWS6]

Lifestyle inflation

[@bee12355]

Living above your means

[@XFizzlepop-Berrytwist]

Closer to 170ishk after taxes. Still the point remains.

[@inthebooks3947]

He has 300k in his 401k. Funny enough his net worth is not in the negatives

[@flygirl2447]

This just proves that success with money has nothing to do with how much you earn. It’s your behavior that will make or break you.

[@BusArch42]

Spot on. My in laws were calling us every month asking for money and saying they couldn’t buy food and kids were going to starve. We found out later they were making way more than we were but were spending like crazy while we were on a tight budget. Fast forward ten years and they were beyond broke. Once the kids were moved out and adults, we refused to give them more money. We are in great shape and they are on welfare

[@workinonit9562]

This guy proves it is not how much you make but how much you keep in your pocket!

[@cwheeler42]

This should have been a call for Dave. These two are just too weak sauce on people like this that need a true reality check like only he can give. Guy is single with a $3300/mo mortgate? Sell it!

[@daveavemian5940]

More ignorant dumb comments. How much do you think rents and mortgages are nowadays? 3300 is a mediocre mortgage now when you consider the interest rates are 8%

[@mmp495]

Right? I would sell the house, live in a cheap place and make a clean start.

[@MP-qf5gg]

One of the most stressful calls I’ve heard lately.

[@joeb5183]

Unfortunately we’re going to get more calls like this. People will be crying in September when student loan payments kick in. What is happening now is part of the plan Jay Powell told us a year ago. Interest rates will go up. Spending will slow. Jobs will be cut. House prices will go down. Inflation will slow. Then we can restart.

[@thedeels7522]

Inflation will not slow. It will go into hyperinflation.

[@jasonleatherwood2172]

Everything is true except the house prices too much demand for housing i live in a tourist town most of the apartments and houses have been converted to air bnb its crazy

[@jimroscovius]

They should never have been paused. My daughter paid hers off during the Covid "panic".

[@pixigirl999]

@@jimroscovius congrats to your daughter but not everyone was fortunate enough. Everyone’s situation is different

[@jimroscovius]

@pixigirl999 There was no reason to pause the loans. My son's wasn't paused because his was a bank loan, not a government loan. Why should he be different?

[@bellabobbybob3476]

Seriously? Making $230K and $265k in debt , BMW is 30k and owe 60k? How?

[@adamseidel9780]

They literally explained this, try to keep up.

[@willelliott5052]

Yep, people who grossly mismanage their finances tend to do so on the scale of the money that is available to them. Women, whiskey, and song...

[@johndone8045]

He was making like 270k a year before, he definitely enjoyed his life

[@jeffreynegapatan]

this is why being in the medical field is such a stable job. i dont regret being a nurse.

[@jeffkline9191]

Yes. I’m an RT. 23 years never missed a paycheck.

[@mxerb5912]

Except the job sucks 😂

[@jeffreynegapatan]

@@mxerb5912 not true…depends on where you work and who u work with. you have all the flexibility to move around…anywhere you go the job sucks if you have a toxic mentality and you complain a lot…which one r u?

[@joycewright5386]

@@mxerb5912yes the job can suck but you will never be unemployed and you can always find extra work. I did it for 44 years and very grateful!

[@candyluna2929]

Except when they put you on a pedestal during corona and then sht on you when you opted to not vaccinate yourself.

[@jonathanwatanabe8246]

I love how they don't hesitate to make an example out of this guy who's literally about to cry on the phone.................

[@Allergic2broke]

Can’t feel bad for someone when they’re making $230k

[@rocknjock872]

Is lived this too. Now at 39 trying to make my turn around. Stupid mistakes spending money, giving money, being too nice, and getting caught into relationships that all they did was pull money out of me. Now, I am also not working because I left my job due to not wanting to be part of some shady, immoral stuff the company was doing. So I am pretty much where this guy is.

[@vincent8900]

imagine if Daniel only had $1,000 and not $45,000

[@thejakelegion]

The reality is, if he had been even a fraction as intense in the last 4 years that he said he's been working on his debt snowball, he'd have been out of this mess long before he lost his job.

[@JakeStewart1343]

He'd have to tap into his 300k 401k 😢

[@katyedwards3935]

Starter EF, so it wouldn't be an emergency.

[@hiteshadhikari]

He doesnt have 45 k, all he has is negative equity

[@marjoriebaut7981]

@@hiteshadhikari he said he had 45k in his saving.

[@AnthonyMcNeil]

It was perfectly said that it takes one domino to bring it all down. Also, at times we're in our own bubble and forget that others are doing this too. To know that he's upside down $60K is rough. Sometimes we come to a realization too late, but atleast he is now, sucks it took him getting laid off to do so.

[@ralphholiman7401]

I lost close to a million dollars due to one bad financial move I made twelve years ago. It still haunts to this day, LOL!

[@srdjanvujicic2329]

If I had that kind of income for 5 years , I‘d be retired in Thailand 😂

[@Elizabeth_lowkeyluxuries]

Remember the people who are with you in the high times and the low times.

[@simonpegg1196]

People don't think that they will grow old. There will be a cap on earnings and a cap on savings at some point. Most important thing is to live well below one's means when you are earning well.

[@angel-ij4xv]

they are living like their is no tomorrow

[@JakeStewart1343]

He must have felt old if he thought he should spend lots of money on multiple women. 🤷‍♂️

[@SilentEire]

A cap on savings??

[@Scarface_445]

Had a coworker at a food place I use to work at in college: gave me his story of making over $400k a year for his 20-30s, had MULTIPLE properties, went to bars, spent money on multiple girls, trips outside the US, ect. Then ended up going bankrupt and working as a security guard. Was crazy, didn’t beilve him until he showed me his old pictures and yup all true, but wasted away everything in exchange for fun and burning cash.

[@luvtotrade2009]

im down 6 figures on my stocks but listening to this made me feel so much better about myself

[@davidbrayshaw3529]

You're not down until you've sold.

[@paulweinberger4723]

Good news is, that money is not lost. It will come back and more. Don’t sell.

[@v.lighting3530]

Hey, that still better than being a gambler. And you still own the stock

[@fauxbro1983]

Oof. Never listen to upper management

[@robertthompson5908]

It’s not how much you make , it’s spending less than what you make that counts.

[@luketarplin]

This company and CEO needs to be named and shamed. Telling employees a week before 200 people are laid off that there will be no layoffs is seriously incompetent or fraud.

[@boxesbinslidsllc]

Anyone can find out about layoffs in a company with 200 or more employees. Type ACT and your state, you will easily be able to find out whose laying off.

[@aja23136]

My first thought is Microsoft because they have a big presence in Atlanta and he mentioned Google and Amazon.

[@fishroy1997]

He didn't name it because it didn't happen.

[@edb484]

It happens all the time. I worked at major Video Store rental p”chain(competitor of Blockbuster) My mgr told me that in a month the company is filing bankruptcy. He knew for 2 weeks and wasn’t supposed to tell and told me to look for a new. A week before the company announced it a big executive left for Target and another left for another exec job. So all these higher ups lining up their next jobs and still haven’t told the hourly store workers

[@SolarTTauri]

​@@fishroy1997 I know.

[@enriquejaimes3368]

It doesn't matter what you make but what you keep

[@dr.bradshaw]

That’s a tough income to replace. Classic example to live well below your means, so that you’re not forced to replace that income!

[@joeriveracomedy]

The bmw sales mngr saw this dude coming

[@joshuaswartz1363]

This show should be part of every middle school curriculum - start early and teach financial literacy - fight the pattern of society

[@666dynomax]

Damn shame. People need to follow daves principles. The partys over for this guy.

[@Sanzeezy]

This is thebkind of call, we need Dave to say, borrower is a slave to the lender? Timr for rice and beans tacos!!

[@zakkrick]

My older brother was living large when he made good money and when he got lay off ten years, most of his money went cars and his house and dont know if he save some money for raining days like being lay off. He had downgraded his house and sell a few of his cars. I think this is what we all will do at the moment when we have a taste of money then we spend, spend and spend until the company says we have to lay a few people off. We dont save enough till it’s too late.

[@XFizzlepop-Berrytwist]

Well if you have a job that pays well… you sorta start to think you are too valuable to be let go, and that your company will never fire you. Depends on your skill set, if it carries over to another job easily with similar pay, then it shouldnt matter… if it was a position you “lucked into.” Well… I feel sorry for people that have to start from scratch… its a horrible position to be in. If you are a welder, you can probably work anywhere in the world for good money, Doctor… nurse, any tradeskill, engineer, programmer. Should be able to find a job in a similar area, or same field, for similar pay, sometimes even more.

[@Elizabeth-ez7cl]

I’m glad he didn’t have a $1,000 emergency fund 😅

[@kochubobby]

He is smart enough to make good money, but fool enough to not keep any of it.

[@semosancus5506]

This guy thought of himself as a mover and shaker and he FA & FO.

[@tashanapink7688]

This is heartbreaking. I feel so bad

[@Mr_D555]

Hard lessons of life sometimes come when you at your lowest. If smarter going forward he will look back 10 years from now and reflect on all this and be a better person.

[@jimmymcgill6778]

And these people always say, if you do a good job, you won't get fired?

[@IrisP989]

Not in tech. There is no job security and no loyalty from the company. You can be laid off any minute.

[@jimmymcgill6778]

@@IrisP989 I know that. But Ramsey people always say that.

[@rssmith289]

I've been watching these videos and this video is heartbreaking! Although I could spend money at the cleaners I am ironing clothes so I don't have to spend the money. I am so scared for that last caller.

[@prof.yelsom6228]

My Boi was out there tricking 🤦🏾‍♂️

[@skmetal7]

I wouldn't doubt this is very common with all those who used to work at twitter, facebook, and google.

[@Jose-ht2lw]

Damn! Imagine having that income and that amount of debt. Me might be good at a job but sucks at finances.

[@andidede3653]

Lifestyle creep happens to just about anyone. The more money he made, the more he spent, but in his case, he probably spent 10x what he should have spent with each raise. People feel safe in their jobs, so he thought he was set for life.

[@imveryhungry112]

He was in tech. They were overpaying people to not do much and now theyre cutting all that stuff out which is why you see all the layoffs in tech but not really layoffs in other industries.

[@mattdoeland]

This isn’t just bad decisions, it’s a void he’s trying to fill with junk. People trying to look a certain way, people trying to furfill emptiness, this’s the result of zero mentorship & limited self control

[@joefunk76]

Make sure you don’t ask what a guy who just got canned from a $220k (plus bonus, stock, et al) job does for a living. 😂

[@ChairmanWang]

I know, I was pissed they never asked him

[@SolarTTauri]

I know...WTF!

[@Primitive_Code]

All of us should be happy when we wake up in the morning and we're not this person.

[@Genologic]

These companies need to be called out. Employees are expected to give two weeks when they leave and they just throw surprises at employees.

[@laladesy7352]

Insanity. You can make over a quarter mil, no family to support, be at the same job for years and still be broke… with a mountain of debt

[@snackman2005]

I am very skeptical of him having 45K in his savings. That takes some discipline to do. But yet he is 265K in debt. There is something wrong with that picture. He may have 45K in an employer retirement account.

[@martha7811]

Why didn't they ask what his career is? That's a very high income and I would be interested in what skill set he has to offer as he looks for his next opportunity. (certain jobs, one is engineer, are easier to get than others because having a P.E. is difficult to get)

[@FTYC2022]

What is a PE?

[@martha7811]

@@FTYC2022 Professional engineer. Requires lots of education, experience, and passing very long difficult tests. So those people are in demand and make very good incomes. I'm just curious what this guy was doing for work. Dave usually asks and I find it interesting.

[@zenandtheartofbmwmaintenan7671]

I am guessing software manager or some sort of product/program manager at a startup. There are a lot in Atlanta in the CRM/HR space and they are getting hammered with layoffs now that VC money is drying up. His concern for finding a new job makes me think he is not a software dev, an experienced dev in his 30s could find a job pretty quickly but not the high paying startup role, those days are over for now

[@Elizabeth_lowkeyluxuries]

All the engineers I know are very analytical including with their money, alot of women arent a good investment 🤣 I'm betting he is in sales.

[@martha7811]

@@Elizabeth_lowkeyluxuries I'm thinking he's not an engineer. They do tend to be very analytical and cautious. This guy really seemed to think his very high income was pretty secure.

[@Originalman144]

Doubt he will find the same paying gig. Lots of people were making over-inflated salaries from the artificial demand and growth in 2021 & 2022. Now we are seeing layoffs and a reset in the market. He was probably in tech and that next job will take him 3 to 6 months to land and will pay him $150k instead of $220k.

[@stuffykong]

Agreed. There was also a super amplified boom bust for tech in Atlanta in particular. Lots of tech companies saw this city as a source of high talent at lower cost (given the colleges in the area with decent engineering programs). Started moving jobs over and trickle down resulted in increases in cost of living, housing etc. I take an even more dour stance: some jobs will be gone forever and investment in some areas will not match what they had before.

[@myfindependencejourney]

I gotta start believing “it’s not how much you earn, but how much you keep” asap.

[@justinebailey5333]

Yasssssssss

[@steelcastle5616]

He (like so many others) was addicted to spending and highlife regardless of how much he earned. He disregarded how much he made and overextended himself with LOC/CC, car loans, a home mortgage, and women. I wonder how many women he passed up that would still be with him, to be with the ones that no longer take his calls?

[@christinahayward1887]

More layoffs are coming... 😞

[@anthonykence9954]

He has outrageous monthlly expenses

[@kirapoodle]

Because he has outrageous debt

[@asp6415]

Not sure why people are bashing the guy. We all made stupid mistakes. Some people learn after hitting rock bottom. Hope you get a job soon and clean up the mess 💪!!

[@adamseidel9780]

He’s got about 4.5 months of emergency fund before we get into any kind of unemployment insurance. Why haven’t we talked about a new job until the very end of this? Why did we talk about selling the house first? Jade asked the key question and then George interrupted the answer: how long until you can get a new job? Get a job in 1-3 months and there is zero problem.

[@SolarTTauri]

Exactly! They hammered into him prematurely.

[@brycekirk7296]

I don’t watch the show but I love these highlights. Dave Ramsey been in the family for awhile. This is absolutely NOT the same without him. He is the DR empire!

[@jeremyhicks2449]

Let's go Daniel. You can do it.

[@ernestogalvan143]

He can’t.

[@jeremyhicks2449]

@@ernestogalvan143 yes sir he can. If he leaves the Thots alone.

[@thejakelegion]

Lol, these videos just make me feel good about myself. I'm early 30s, make a few dollars under 200k and drive a lovely $4,000 car. 😆😆 Debt free, baby!

[@SolarTTauri]

Start a KZbin Channel!!!

[@SargeantPrepper]

I only have mortgage debt and a decent chunk of cash, wish I could make as much as these guys do, but I don't get into that kind of debt.

[@Mc.flyyy11]

😳😳 this call makes me so happy i have a nice family, modest income, a budget and am financially literate. Life is good. This dudue, sheesh...world of pain.

[@markburnham7512]

Living large will take its toll.

[@Ja50nkAt]

Dude made quarter of a million a year, he had his chance to clean up his mess and prepare. High incomes don't always last with our boom bust economic model.

[@cathy7824]

He needs some roommates immediately and a job

[@marshalliize]

Perfect example of someone making a lot of income doesn’t mean you’re smart. You may be valuable to a company, thus a high income, but doesn’t mean you’re life smart.

[@AieMem67]

My father has a friend who is Amish but never had Vehicle Debt always paying in cash and living on less than you make

[@John3.36]

He is a fool basically. He partied hard, spent like a drunken sailor, and has nothing to show for it. He is like the prodigal son in the Bible. Now he wakes up broke one day. Finally he wakes up. It is a hard road to redemption. Hopefully he wakes up spiritually and makes peace with God first.

[@chadj6380]

That is really sad and wild!!!

[@jillianmaher894]

Omg. This one makes me so mad. He was making bank. And has no money! None! So gross.

[@jessicabrittany1682]

My husband and I make $300k per year and the sad thing is after taxes, bills and retirement it's not as much as you'd think. Most people we know who make what we do have luxury cars and homes and I can assure you it is not enough money to be living like that!

[@buckibanker]

💯 people don't understand how much taxes increase as you earn more as a w2 employee. Most of the deductions go away, and the SALT cap did not help.

[@PAIDFOR50]

SO imagine if you and your husband made 80 or 90k combined like most couples?? Fact is, its ALOT more than YOU think!

[@MrJimmy3459]

Thats still 220k take home, hardly NOT as much.......

[@PAIDFOR50]

@@wordsalad01 Well some how people making 60k drive Luxury cars. So with 5000 square feet being considered a Mansion I do believe that making 300k you can buy a 5 or 6000 square foot house and a couple of luxury cars. People making 100k buy 2500 sqaure foot houses and also drive nice cars and still save in 401ks. Sounds like the couple making 300k are spoiled and must waste alot. After taxes they can live off $17,000 a month. Im sorry I don't have any sympathy for them if they are complaining about that.

[@jessicabrittany1682]

@Kelsey Campbell oh no doubt we make good money. I have made less than $60k/year for a long time, I'm just saying that people have the misconception that $300k means you're wealthy and can live an extremely lavish lifestyle when that's not the case.