Broke? Look In The Driveway! - Dave Ramsey Rant

[@Mr1in1000000]

I drive lamobigini,BMW, Bentley, Aston Martin, Audi, Mercedes, Ford,Toyota pretty much everything.I work valet 👍

[@TartarianTopG]

kidavid 🤣

[@digitalbrand5510]

Lamobigini is a good pasta dish

[@kennethdavis9732]

Nice, I'm jealous (LOL)

[@talawoods25]

You funny!

[@zunaiandre2341]

🤣🤣🤣🤣🤣got me

[@Mansini77]

Dave’s car rants are the best and will always be relevant no matter what year it is.

[@slayer5813]

My buddy has a body shop next to a repo business. When I visit, you should see the daily routine of cars coming in and going out. Coming in on a tow truck and going out on a car hauler. Car haulers that can haul 7-8 cars at once. Again this is daily routine my buddy tells me.

[@jamesallen5591]

A long time ago a guy I was working with said "I'd rather park on old car in front of my own house than park a new car in front of my apartment." These days I park my 17 year old VW in front of my house.

[@darabowen8077]

I agree, I park my 20 year old Buick in front if my mobile home. 🤣🤣

[@fryeguy115]

A house is not automatically better than an apartment. It's all about the loan and financing terms. A poorly financed house can be worse than a lot of things. How many people do we hear about that are "house poor" or with unfavorable terms. Right now I'm debt free thanks to living in an apartment! Paid off student loans, car, maximizing 401k and other investments, and will eventually buy a house. At the end of the day, a mortgage is still debt, although it CAN be an investment, it's not automatically. Now living in a luxury apartment where you're not really saving much money over a house, is another story.

[@FR-tb7xh]

I am always befuddled by the new cars I see parked in front of affordable housing units.

[@cornypinkuni9519]

Well said.

[@khoado123]

If you’re broke and buy a new or luxury car to impress girls or your friends, you got bigger problems than that car debt.

[@waterswaters1705]

Amen!

[@greenAbbot]

Agreed. If someone is only going to date you because of your car, you don't want to be dating them in the first place.

[@yusuf.alajnabi]

I've been there and done that and I 100 percent agree it is stupid lucky for me I was young and got out of debt when I did.

[@khoado123]

@@bradleypost8971 if you read my comment, i said "if you're broke and get a brand new car or a luxury"... obviously if you can pay in cash and afford the expenses then you aint broke. If you're broke and in debt, which choice is smarter a 2010 Mercedes E-Class for 10k or a Toyota or Honda Accord for 7k-10k ? i'll wait.

[@khoado123]

@@bradleypost8971 cool story kid... you're not broke so why are you debating with me ? i'm obviously talking about how broke people shouldn't drop money on brand new car or luxury car to impress others. You're literally making an argument for nothing. Like what point are you trying to make here ? if the point is about you not being broke or this or that i really don't care. Good for you

[@dexterm1285]

No car payments in over 8 years. Feels good having paid for cars.

[@katrinaumana2127]

It's been 2 years for me. It's awesome 😀 to say I ain't got no car 🚘 note🙏

[@danielb7006]

It wasn't until I few years ago, I realised not everyone bought a car straight up (with cash, or debt card), my parents are definitely not well off, but they've never bought a car over £5,000 and obviously used. It was recently that I realised that isn't normal.

[@Gregoman89]

It’s amazing how fast you can save without payments especially car payments.

[@RoquitaJohnson]

Yes! It's a great feeling. You truly DO own this car now, free and clear. No car payments is the move.

[@LazerC4]

I paid cash for my car in 2011. But in 2019 it still looks great, but is starting to have some problems and is getting expensive. But yeah there is always a balancing act between new and reliable, and paid off but unreliable

[@justinbuice]

Banks are an enabler of this problem. I know people personally who got a $40K auto loan with a $30K salary.

[@darlenepaul2918]

OMG!!!

[@quonsetthehutt3105]

Ayawrxsti I’m sure that happens 1 out of every 10x that the dealership does it typing in the credit app.

[@checkfoldcallraise]

I saw that alot when I worked at an autoparts store. People with expensive German cars trying to avoid expensive maintenance by trying to buy cheap american parts that don't fit.

[@Jumperman12mac]

Goobers

[@leebosslife]

Facts

[@graciebarrabjj123]

Dave is 100 percent right…I would rather fix my existing car than pay $500 a month for transportation. Stop trying to impress people that don’t care about you.

[@JOHNCENAisDOMO]

Saw an old college friend who financed a new car. His down payment “would’ve wiped his student debt”. I’m glad Dave taught me why cash is king

[@pranksterguy1]

I'm sure glad your friend is "educated"!

[@edirinotuburun979]

CASH IS DEAD! CASH FLOW IS KING!

[@666dynomax]

Paid for the school and car twice over the next 7 years

[@Jay-sy8ls]

@@edirinotuburun979 100% agree.

[@Tyler_DeBord]

pranksterguy1 just on

[@DanielIles]

*I know people that pay more on their car loans than they do RENT* 😨

[@usmc2141ilya]

Not in California...

[@poormofo1]

Me lol. 27 yrs old

[@tonymosley6951]

Onch.. Mercedes parked in a trailer park. I've seen it...

[@user-zd9fc4vs4q]

Wow they must live in really bad apartments!

[@Idiotsincarshere]

Daniel Iles - Small Business $1735 mortgage, $430 car payment. Is that good

[@verysmartsolutions]

Better to impress people with a paid off house.

[@fairarthur]

😂👌👌👌

[@dexterm1285]

Well unless you tell them...outside of here I prefer to keep financially private. They don't need to know my house is paid off.

[@kenny3269]

Dexter M. Share that your house is paid off to close friends and relatives. It may encourage them. Can’t share it with everyone but you know who will receive it in the right way.

[@ld4974]

@@kenny3269 Yeah, it'll "encourage" them to hit you up for money!

[@kenny3269]

L D lol, well....there is that - very real possibility. Good problem to have if you got it. We can always say No. I’m getting pretty good at it!

[@mannyjeanpierre4062]

I love hearing him talk about his bankruptcy stories. Makes you see success is not what you see right now but a sum of years of mistakes and corrections. If Dave can do it anyone can

[@Jane5720]

I especially liked his car story about the parachute on top of the roof that made me giggle

[@itsraheem]

Every time I want a new car I Listen to this guy

[@muzammil150]

Every time I want some new I listen to Dave

[@moeelza7816]

Same

[@itsraheem]

@@moeelza7816 💯

[@itsraheem]

@@muzammil150 💯

[@moeelza7816]

@@itsraheem I've literally went to do dealerships and filled out paper work just to cancel after that, I could just hear his voice yelling at me in my head every time I go

[@joedicello7001]

Dave is 100% Right!! I just bought a SUV and paid cash for it. When you pay cash it causes to spend less. I could have bought one for $15,000 used and it would be worth $15K used. But paying cash made me want to spend under $10K and in the end I spent $7,300 for a 2010 with 65K on it. Paying cash causes you to spend less!! Dave is 100% right on this!!!

[@666dynomax]

good find

[@panpluto13]

What car?

[@rathelmmc3194]

It’s easy to get a loan but hard to write a check.

[@jackshimer472]

Similar situation, similar budget. The asking price at the dealer was $9000 and they wanted to give me $1000 for my trade in, but I took the time to negotiate. Swung the deal $1000 in my favor. I probably wouldn't have cared enough to do that if it was a loan and I was just looking at the down payment and monthly payments.

[@ineedhoez]

Paying cash makes you cut out the non sense quickly. How much do you realllllly want it?

[@ChrisMFlorida]

Rich people invest in things you can't see.. remember that. Most millionaire next door folks tend to blend in at the Target, Walmart, etc. You don't even notice them.

[@jeremysmith54565]

Alan Shearer top ranking football player (during his amazing testimonial he said "I've lived the dream") in the Premiership (British of course) still shops at Tesco's even though he's got tons of money literally will categorically be a millionaire lol he's spoken since retiring from playing about his time as an apprentice with Southampton (then moved to Blackburn and finally his childhood hero club NUFC in Newcastle) about when he was paid just something like £30 a week lol and he'd decide to walk it to the club rather than paying for the bus pass lol.

[@raouljoseph1411]

Yep, i have a few co workers who are millionaires. And they live like the average middle class and drive fords. One of them gives me stocks trading tips and how to build wealth.

[@Wanderer25]

Yea I've read The Millionaire Next Door. Most self made millionaires don't really care to live the high consumer lifestyle.

[@shannon2748]

@@Wanderer25 Most poor people buy stuff to impress strangers...so silly.

[@alicia_shaun]

Facts !!!!!!

[@GreenredProductions]

blump blump... 10k gone

[@NoahPARK82]

🤣😂🤣

[@unfairsanic5089]

Lolz and youre still paying 10k at the dealership

[@jasonpittman2394]

🤣 I came looking for this

[@mjbankhead9063]

My vehicle is 12 years old (6 years car payment free) and its still running like new. When the time comes for me to purchase a car I'm paying cash!

[@MrSiyamson]

What vehicle?

[@jaaxoon]

Same dude! 2007 sonata, I bought in 2013 for $6.5k. I’ve put 85,000 additional miles on it to this date. I’d say the value has been met.

[@user-zd9fc4vs4q]

@@jaaxoon that's great, I got a 18 Elantra & I want to keep it for a long time. Scotty Kilmer hates Hyundais though everyone who owns one seems to love them.

[@666dynomax]

@@MrSiyamson im gonna guess toyota or honda

[@666dynomax]

@@user-zd9fc4vs4q everyone who owns them, mostly lease them, or trade after 3 years.

[@tad394]

I'm a 34 year old South African and recently discovered Dave. What an eye opening experience it has been thus far. I'm also a fan of his sense of humor while giving the soundest advice. Im working on being debt free and someday begin my journey to wealth building. God bless you Dave.

[@michaelhatfield5808]

I recently paid off my new car loan. Such a massive financial mistake that was, never again.

[@arnauddeguenon6499]

Me too. Does the same mistakes. Now knowing a mechanic buddy will make me keep it running till wheels fall off!!!!

[@waterswaters1705]

I feel ur pain.

[@krissieg7862]

Arnaud Deguenon same here ! Thinking on calling in the show !

[@user-zd9fc4vs4q]

@@arnauddeguenon6499 Heyyy another Scotty Kilmer fan, I'm in the process of paying off my mistake though I'll also own that car until the wheels fall off.

[@666dynomax]

yep, hear ya bro. save even half that payment for the next 5 years and pay cash next time. i did the same thing. buying a nice 4 year old car driving for even 4 years is better than buying new and driving for 8... about half the price and get a nicer car

[@VibinwitFanny]

I'm so happy I ran into Dave Ramsey. He literally changed my life...Thank You Dave 🙏

[@mikenelson8377]

I haven’t had a car payment in over 3 years and I’ve been debt-free for over 3 years. I have a legit amount of money saved as a result of my intentional actions. Debt-free since 8/15/16.

[@jaimecruz5367]

Mike Nelson how much you got?

[@michelarosier1918]

Congratulations.

[@hern9897]

@@jaimecruz5367 more than you, don't worry about it.

[@schlookie]

Good on ya!

[@potbellyfatguyfromnewyorkcity]

you do have a car payment. it is called auto insurance. it never ends. it's a money pit.

[@goldpop5001]

"Need a passenger airbag? just put your mother-in-law over there" LOL

[@way108]

That cracked me up too 😂

[@frankgdo3532]

I use mine as the bumper

[@philipanderegg5973]

Can I like this comment more than once lol

[@Woopssloop]

Dave is cold as ice!

[@markwhittaker6866]

😂😂😂😂😂😂

[@BDJ4mTex]

I work in HVAC and it blows my mind when people don't upgrade their AC when the unit is 20 years old. Yet you go outside and they have 100k worth of cars in the driveway and say they can't afford to upgrade.

[@NickGiordano-zu4em]

your loaded doing HVAC

[@SeanDaNerd]

Even cheap cars have airbags and a/c so I don’t know what excuses they actually have other than wanting a prettier machine. Most people don’t even know how to take care of em

[@rschmidt9495]

I’m 37 and I’ve never owned a new car in my life. I’ve also never been in debt in my life either. No regrets.

[@GO-cz7cl]

You deserve a sucker 🍭

[@raven4475]

So do you OWN assets which you paid 100% cash/savings with... Coz someone who is 37 who has NEVER EVER had any debt can also POTENTIALLY be someone who is still living at home with mom + dad, never gone anywhere and never did any level of post high school education in which case.... I personally would never brag about

[@GO-cz7cl]

@@raven4475 True. But Dave does say to pay a home in cash if you can. Maybe he did that 🤷‍♂️.

[@gerrardlee8879]

@@raven4475 Still I would rather him and not you. Loser

[@yeldarb1880]

​@@raven4475sounds like something some1 w debt would say

[@AmirAzmoon]

We are both IT consultant, I drive 2005 Highlander and absolutely have no plan to upgrade till it dies which will be long way😉

[@2legit2Kwit]

Amir Azmoon good car

[@eks9225]

I’m a college student with no debt and a good amount of savings (my parents are very generous and are paying my state school tuition). I see my peers buying 15k cars while making $15 an hour part time thinking they can afford it because they are able to pay the down payment. Thank goodness I found Dave Ramsey before I almost made the same decision myself!

[@Mcdowells]

200,000-mile club where we at!?

[@the_circuit_man]

On my way to the 300,000-mile club! Just about to turn 276K on my 2001 Mercedes E430. I paid $1,600 for it a little over two years and 40K miles ago and am loving it - repairs are manageable because I largely work on it myself.

[@jaggaadaku]

I'm at 280,000 😄

[@94bkf]

Lol I just hit 200k in my 2010 Camry. It still drives like it’s new. Paid it off in 2014

[@yupdatzme3187]

Should be there in 30k miles more...

[@TheMint20]

Just passed it recently!

[@liamwelsh5565]

What a quote: "Drive like no one else. So later, you can drive like no one else."

[@PInk77W1]

What kind of car does Dave drive ? Any kind he likes

[@clintbeastwood1947]

Keldor Miro Get the Demon!

[@michaelbodine6142]

Correction , Save like no one else, that way you can drive like No one ELSE.

[@krissieg7862]

I needed Dave 4yrs ago ! I’m on the journey now

[@ntombifuthidlamini3372]

I needed him 20 years ago 😭

[@krissieg7862]

@@justinacase2623 chuckle chuckle 😆 good one

[@mikeekim007007]

Buy used, people! A 2-3 year old car is the best value!

[@RP-mz6sq]

How much is a used people?

[@RJ-cv2uw]

Used people come with too many baggage, I prefer new

[@felipebarron3479]

@@RJ-cv2uw new sucks

[@trwsandford]

Don't buy people! Used or new, it's still slavery....

[@fsmoura]

always better to buy new people, you never know how the previous owner handled them

[@tracyalbino-daggett4032]

When I met my husband he was driving a bondo mobile. A 1969 Plymouth satellite. Didn't matter to me. Together 32 years

[@adammitry3543]

Great car..my parents first car..fond memories. Me?..I drive a 2011 paid off Honda Fit..65 k miles.

[@Scorpiomaj27889]

Buy a used Toyota, pay it off in 2 or 3 years, drive it for 10. (They also are the brand that maintains it's value the most.)

[@smartjoe5258]

They also have the cheapest repair parts.

[@boningousa4390]

This exactly what I'm doing. I have a five year toyota that I'm planning to drive for 10 years.

[@Pack044]

Smart Joe not the cheapest repairs by any means. But they are the most economical for the reason they rarely need a repair. And hold value. Parts can be pricey depending on year make and model

[@LG123ABC]

Toyotas are boring appliances. I buy American.

[@Irish_all_day]

@@LG123ABC 🤣

[@fsmoura]

But Dave, I had to buy a brand new car to go on pleasure drives in order to get my mind off my crushing student loan debt!

[@Nangfah_Alex]

😂😂😂

[@SteelmanArgument]

Better max the credit card to put on some new rims as well! Everybody knows you can't just keep the stock ones!

[@mikeekim007007]

@@SteelmanArgument aftermarket wheels are a lot more rare these days compared to the 2000's

[@SteVibiana]

Bwahahahahahaaaaaa

[@SteelmanArgument]

@@mikeekim007007 Is that so? Born '95 so I wouldn't be able to tell but they seem quite popular.

[@j81851]

I love to see a Godly man that as a testimony, a commitment and principles that he shares for decades. I remember listening to Dave in the 90's. He has gotten better, but fact is the message has not changed. The man is a legend and hero to me. God bless you Dave love you

[@Cmimss]

I'm still Rollin in my 07 Impala Ss i bought for $600! Paid for! Had her since July 4th!

[@coniccinoc]

Those are pretty sweet and I rarely see any on the road.

[@calebpagan2226]

That's awesome man.

[@waterswaters1705]

Aww man SWEET!

[@marqusbrown9539]

That's a steal and great car

[@Cmimss]

@@marqusbrown9539 yea! Videos on my channel watch me put the car Back together. Just needed a new bumper, radiator, and Thermostat!

[@AbileneRN]

No payments since 2004. Thanks Dave!

[@karenwallace5855]

People think their income is their wealth. The more they make, the wealthier they think they are. I fell victim to that mentality when I was younger, too.

[@SensSword]

Just found out today that all the hard work I've been putting in means I'll be paying off my car loan two years early. It has nearly 10% interest rate, so you know how bad things were for me a couple years ago. I'm also going to be completely debt free by Christmas. My credit rating has been going up and up, but I don't care. I'm not going into debt again unless it's for a house. Even then, I'd like to put at least 50% down or I'm not doing it.

[@kevinwalsh6476]

Just started listing to Dave and I have a different attitude on life!!!!!!!!!!!!!!!!!!!!!!

[@mida8261]

I love that people buy new cars. This means that when I'm ready to buy a new car, I can just go ahead and take advantage of someone's depreciation.

[@travisfeld97]

Not anymore with used prices!

[@AliasProductions801]

Just sold my Corvette Z06 and I’m so freaking happy that I don’t make that payment anymore. Thank you for waking me up Dave!

[@iruleyounow]

I always cringe when people post on social media " I worked so hard for this, I deserve this. I made it!" when they buy a new car from a dealer. They do not realize they just put themselves thousands in debt. They are so much worse off now than they were an hour ago before they bought that "God is so good" car.

[@EmilyWhite2013z]

Especially when it’s someone you know really can’t afford it 😢

[@ECmom]

We bought 2008 Toyota Highlander in 2011 with cash and it is still running strong in 2019. We are in baby step 6 now!

[@md0246]

Just started listening to Dave. I have a $173 car payment. My wife's car is paid off. My only other debt is my house, $2250 a month. Take home pay between me and my wife is $8000 to $9500 a month. We did the math and our total bills without including food is $3400. We have 3 months of emergency funds. Should I pay off the car now? I owe $8400..I just fianced it about a month ago. Wish I would of listened to Dave before I made that decision.

[@ktee1403]

$18,500 for my escape at $273/month. Got about $9k left on it. Can't wait till it's paid off. Don't plan on ever buying another car.

[@ayo_k32]

I bought cheap used cars for many years and would end up putting THOUSANDS of dollars in repairs. I got so tired of it. I got tired of being stuck on the side of the highway with a major mechanical problem. So this year I bit the bullet and financed a 2012 Honda Civic. It sucks having a payment, but I don't have to worry about being stuck on the side of the freeway anymore and I don't have to worry about my cheap Craigslist car overheating anymore.

[@inscrutablemungus4143]

I make $90K a year at the moment. The most expensive car I've ever owned is a $6K Ford Fusion that I picked up from a college kid who wanted to get a better car. Gets me from A to B just fine, handles really well and insurance is dirt cheap.

[@Chad-wb7du]

Look at older Buicks, grand marquis, Oldsmobile’s, etc. Often you can find them with 80k miles in great shape for just a few thousand bucks. A lot of older folks take really good care of them and you can get them for under 2k. It’s a great value! And they all ride like butter....

[@jacobrael9872]

Best advice ever, and old buick and grand marquis are so huge you get a huge and safe, great riding and reliable car

[@Chad-wb7du]

Jacob Rael for sure. Best kept secret of used cars. People might make fun of you, but then I just make fun of their empty bank accounts and your huge retirement savings!

[@jacobrael9872]

@@Chad-wb7du yeah I was looking for a ford panther body for my first car and got a 2011 retired police crown victoria for 3000, she's slight beat up on the outside but the previous owner was a mechanic and kept good care of it and she runs like a champ

[@shannon2748]

@@Chad-wb7du Yes,because they are too big and look like old people cars. I don't think I could park one of those things..hehe

[@obfuscated3090]

@@shannon2748 You can learn and BEING FEMALE IS NEVER AN EXCUSE FOR LEARNED HELPLESSNESS so end that now. (My mother built PBY Catalina flying boats in WWII and my wife was a USAF helicopter crew chief, motorcycle mechanic, and rode a kickstart-only Harley Shovelhead she bought new. ) What one woman can do, another can do!

[@BS-zj9ve]

Good advice! Finally own 2 new vehicles. Most of my life drove uncle buck cars that smoked and burnt oil. People never like parking next to me or tailing me because of the smoke. Today debt free.

[@weaintfree]

Patience....what a concept. Everyone wants things now. Mr Ramsey teaches about being Disciplined and Patience. These are two things that adults should be better about, but many of us aren’t.

[@John-Adams-Can]

I LOVE how the youtube ads for most of Dave's shows are from car companies trying to "flease" or "Finance for 84 months!" The irony!

[@HisLoveArmy]

Just purchased a "new car" it was a 2006 Honda Pilot with 160,000 for $5,500 we "upgraded" from our 09 Corolla :)

[@randomvideosn0where]

That's a downgrade in every way except ground clearance.

[@HisLoveArmy]

GoogleMinus and space bro. Kept the corolla selling the Yaris

[@aqua_addicts1787]

The only way a car can be seen as a investment is when you buy a cheap one that enables you to get a job and make money

[@josephinen36]

I did this with my toyota, without it I wouldn't work the much I do. Besides it's hybrid so saves me alot on gas

[@kjwworldwide]

I work at an insurance agency and its crazy how many people lease & finance brand new cars and they dont even make 50k per year. While i make more snd live 5k cars that ate reliable.

[@betolopez5065]

Listening to Dave is a good thing, makes me realize how much dumb decisions I have made in my life. Good thing I found he awhile ago and my life is better. He’s the push everyone needs in life.

[@jakewhoskate]

I drive a 2003 Acura with almost 200,000 miles. Plan on driving it well after college lol

[@patrickboyd3364]

You can drive an Acura till the wheels fall off then buy a newer set of wheels and drive it again.

[@marianluc6235]

Not really if you live in salt belt better save money soon for another one

[@HOTRAILProductions]

I paid off my car in December, 2020 and it gave me a breath of relief!

[@RATERGAMER100]

I don’t regret following Dave’s advice,Paying cash for my 2002 Toyota Tacoma, was a blessing ! No need to deal with interest payments, to deal with full coverage insurance, nothing of that sort !

[@kriola08]

I bought my reliable 07 Camry when I lived at home with my parents. Paid it off in less than 2 years ( paid 8k for it). I’ve had it for 5 years so far and I love it!

[@jaaxoon]

Nice work!

[@kriola08]

jack-tal Thanks!

[@alexa6260]

Good job

[@davidblaze1652]

You're a smart woman...

[@obfuscated3090]

Mechanic here. You should be able to get over 300,000 miles out of that car with regular maintenance. Spend time on Toyota forums to learn about your machine because you don't need to be a mechanic to choose wisely!

[@davidmercado2329]

Being willing to delay pleasure for a greater result is a sign of maturity.

[@Floresomar]

Dave is absolutely right! He forgot to mention the thousands of dollars of interest!!

[@femckay]

I’m a 78 year old widow. I told my son that I would only be interested in a man who had a pickup, his own tools and could fix anything! He said I didn’t want a boyfriend, I wanted a handyman! I laughed and told him, exactly!

[@mirandahamilton3744]

Lol. My boyfriend is that guy. Told him I wasn't dating him for what he could fix for me. He said, well, but that's what you got.

[@ALXSSA]

Which is why my first car will be a used one under 3k 😊 *Edit: Bought my first car in November 2019 for 6.6k, haha. Went a bit over budget*

[@bluecollarmoneyinvestingch396]

Smart! It's fun finding deals too. Just make sure you get it inspected by a mechanic ! :)

[@RGE_Music]

Bought mine for 2k at 138k miles. Just make sure they have a good reason for selling and ask many questions about it. Follow your gut.

[@GUITARTIME2024]

That's not reasonable and it won't be safe. Buy a 10k Camry, perhaps.

[@ianhall6614]

Bought my 2001 Toyota Tundra for 3k with around 200k miles. Still runs like a dream.

[@tyronejones4245]

@@GUITARTIME2024 You don't need to spend more than 5k to get a perfectly safe vehicle.

[@ramram5]

It’s been almost a year since I graduated from a university and have 0 debt and working as an intern to develop my career. It feels so good not to worry about anything. I’m 22 and drive a 1999 Ford Taurus, feels good 😎

[@pijomaster4862]

I don't know about you guys but being broke while working hard breaks my heart...

[@hunkydude322]

its sounds like you know what you have to do to make a change about that situation. when an individual notices those things in life its good cause he or she knows what needs to done to remedy the problem, good luck.

[@heisrisen560]

I know the feeling, you work your tail off just to pay 2/3rds of your money to debt and struggle to make it until your paid again to start the process over again, almost all my debt is paid back one thing I can say tho is I learned a very valuable lesson (or lessons) about money by getting into debt, what’s one lesson? Don’t get into debt again lol

[@agentorange4999]

Thanks Dave. Your teachings about Life and Personal Finances are excellent. I love the way at times you solve problems from a Biblical context.

[@rdmineer1]

My truck is a 1995 Nissan, 279,000 miles, 5 spd, crank windows, paid $1650. Drove it til a wheel fell off, put it back on, and it still goes. Will never part with it until the engine dies. No sign of that yet. My car is a 2012 Sonic with 40,000 miles. Has the 5-spd, crank windows and dents in the left side doors. But I paid $5000 cash and climbs mountain roads like a 4x4.

[@leopaul4955]

I have been driving 40+ years and admit to buying 3 new cars on loans. I drove them until they were dirt. Without knowing you existed did most everything you speak of. I own 4 houses, debt free and am a mini multimillionaire (just under 5 million). I now own 4 new cars, and of course with cash. Freedom from debt is a beautiful thing!

[@marianluc6235]

Leo Paul so you can become a sugar daddy now.

[@leopaul4955]

@@marianluc6235 Haha, yes, for my children. My full name is Leona E. Paul.

[@IamtheGL]

Monday morning rant... Vamos!!!!!

[@yourbuddykevin]

I'm not rich, but was able to save a ton of money living like Dave Ramsey preaches. I've been debt free for years now and have accumulated over 6 figures in savings. I'm going to treat myself this year andbuy a somewhat nice car.

[@Platos-Den]

A chevy Lumina maybe?

[@bertnl530]

Ford Pinto?

[@kjwworldwide]

Honda Fit baby

[@Cevin1087]

Bought a pre-owned 2017 Audi Q7. Cash is truly king 😎✊

[@yamamancha]

Driving a 2009 Toyota. Spending about $2k in maintenance & inspections + tires every two years (about $85/month). The only additional service we've every needed was for a dead battery (my fault for not changing is sooner). The lack of a car payment was the start line for the debt free life that I'm living now!

[@whiskers78753]

I haven't had an auto payment since 2005.

[@potbellyfatguyfromnewyorkcity]

you don't pay auto insurance every month?

[@etherlords88]

I sold my Toyota during Covid when used car prices were pretty high and added some money to that and got a new suv at sticker price! I needed that for my daily family use and that car is my Mercedes/bmw! 😅 I’m happy and that’s what all matters! Oh and I value my money a lot!

[@DanielGarcia-zz9eg]

The only way a new car is worth it is if you keep the ride for over 13 years . Only if it's a good Reliable vehicle. I'm not talking about a Ferrari, Porsche or any expensive vehicle I'm talking like : Ford Chevy Dodge GMC Nissan Toyota Honda RAM If you keep it maintain for at least 13 years then it was worth buying a new ride. Buying new every 3 to 4 years is waste of money " I need new Reliable vehicle to avoid paying repairs " Look Buy new , keep it for at least 13 years If You like upgrades so often, buy used vehicle for under 5K every 2 years

[@leadnsteel1428]

I'll never buy a brand new vehicle again.... I will only buy used. New cars are expensive

[@schlookie]

The same can be said for laptop computers too. I've bought one brand new, and all the others I've bought 2nd and upgraded myself if need be.

[@roberthuster1503]

'Paid off home mortgage is the new BMW in the driveway' I tell myself this every time I almost impulse buy something expensive.

[@raven4475]

I did the sums... It's cheaper/more convenient for me to catch an uber/public transport. After car registration costs+car insurance+annual fuel+the random traffic/parking fine you might get once/twice per year, plus actual parking expenses, plus the hassle of finding parking space at work/shopping centres.

[@warwagon]

It would be awesome if whenever dave mentions "That car" they would bring up a photo of it.

[@AmirAzmoon]

Do you watch Scotty too?!

[@privatename3447]

Listen to this man. Teach your kids, family and friends

[@chicanopowers4938]

I wish my parents had told me this stuff 25 years ago, but luckily I was a fast learner. I got coworkers old enough to be my kids and they think it normal to have a $600-800 a month car payment. Lose weight Dave, America needs you around for another generation or two🇺🇸

[@JOESUBA122]

I am learning about financial literacy by watching Dave and others! I never really knew about money and i am 52 years old! The last 4 years I have Been really locking into my finances! I have two sons 25 and 30 and I am always on them and sending them videos like this! The only thing is they really don’t get what I am trying to show they they just brush me off🤦🏿 I tell then you don’t want to be my age and be struggling

[@vinnyt.8027]

Lot of people are butthurt over this rant lol

[@Vencarter]

Vinny T. How dare he criticize my decision to lease my brand new Mercedes cla 250?! How else am I suppose to commute for 20 min in this heat?!!!?!

[@panpluto13]

I just find it hilarious that a 30k car goes to 10k in 4 years. It doesnt here. I mean just try a source every once in a while.

[@leathelandlady]

They probably don't listen to him at all, unfortunately.

[@szqsk8]

Hittin' too close to home for those butthurt folks. Personally I couldn't care less about cars. I'd rather own real estate.

[@alexandermcafee8760]

My wife and I were doing save for 16 months paid of 37 of 44k. I got a great new job. Was an idiot and “bought” a new truck. Luckily I got smart and just sold it six months later yesterday. We are now back on track and will be debt free in December. Stop financing cars!!! I’ve regretted it every time! I’m done!!!

[@dennispatterson4998]

most people I know who are very successful individuals- Almost never bought their vehicles new. They usually paid cash for nice vehicles that were two years old or older.

[@megpeg8910]

"just put your mother in law in there" 🤣😂 done and dusted. Dave said I could! Hold on ma!

[@FR-tb7xh]

I never understood the appeal of cars beyond transportation until my MX-5 soft top as a second car. It had been discounted because it sat on the lot for nearly a year. Paid cash for it. It was truly a fun driving experience. Then another driver rear-ended and totalled my main car and I bought a new V6 Rav4. That was 13 years ago. I’ve taken fab care of it, and used the original dealer (a great local business) for all servicing. What a reliable workhorse, still going strong. Looks almost brandnew on the outside. Its Blue Book value might be low now, but it’s priceless to me. Hope to get another 10 years at least out of it.

[@christianlady]

These rants works 😂😂😂🇬🇭🇬🇭. Folks here loves cars too. Even though we usually pay cash for them

[@mammothorbust]

I had a car payment for one year when I was 23. After a year I woke up and realized my nice(ish) car was a huge waste of money, sold it, and bought a cheap reliable car with the difference. It’s been 8 years and I’ve never had a payment since, despite going through two cars. The key? Automatically set money aside every month into a separate car savings account. Some people say that’s the same as having a payment, but it’s not. For one, I’m not paying interest, I’m making a little. Second, if a financial challenge came up we could temporarily stop saving if we need that cash flow; with a payment you don’t have that option. And third, paying cash has forced us to live within our means. It’s the way to go. I’ll never have a car payment again.

[@rayh3899]

"Just put your mother in-law there" lol 6:08

[@pilauopala843]

Most people think they need and deserve a nice car and most can’t afford it. That’s killing their finances. It’s also a big reason why cars are so expensive-artificial demand.

[@dc76384]

Your truck is not a reflection of your Manhood either.

[@ChrisMFlorida]

unless maybe you drive a japanese mini truck.. (no offense to japanese guys!)

[@pkal244]

@@ChrisMFlorida do you have a picture of a truck as your Facebook profile photo?

[@ChrisMFlorida]

@@pkal244 lol no..

[@mammothorbust]

Yeah every time I see a truck with those dumb metal balls hanging off the hitch, I just think yeah that dude is compensating for something.

[@TheSterlingArcher16]

Oh boy the amount of blue collar workers throwing half their take home on payments for shiny lifted pickups is incredible. They’re like a cult.

[@brewanalysis2764]

Only time I had car payments was almost 30 years ago. Every car since then was paid for in cash. Some were beaters but they still worked. I saved up for months to buy my used Toyota in cash and am still driving it almost 10 years later. Going to drive it until the wheels fall off. I love not having car payments.

[@tinorosmg9374]

God bless you Dave Ramsey

[@ashleypugh9032]

Was driving an 04 jeep liberty. Didn't have payments for about 3 years, but the jeep constantly was smoking, heater and air didn't work and seemed to have issues monthly. Semi bad decision, but got a new car and have about 10k left to pay. Working overtime and not going out or having fun until 2020

[@hunkydude322]

nice, you just gave me an idea I owe just a tad more than you, but iam thinkin just like you now thanks for posting good lluck.

[@SteVibiana]

"Bond Buggy" made me laugh. :) I drive a seven year old Ford Focus, best car ever. I put in my time driving heaps, if I had to I would do it again. Whatever it takes.

[@bluluckyduckie]

Had the same car for 7 years, paid off my car loan in 13 months instead of 24. Best decision I ever made! Now I just gotta get everything else in line!

[@AGRANT716]

I go to work very early, you'd be amazed how busy the repo man is at that time if morning....

[@devinparker1748]

a radio ad the other day was for a new pickup truck ... "Now only $57,000" .... ONLY $57K!! I fell out of my chair!

[@JK20239]

I have a 2004 odyssey, 1997 nissan pickup, 2010 camry.

[@randomvideosn0where]

You're not missing much with the Nissan, the ones they make today are ancient tech.

[@liamschilter6073]

Pre-Renault Nissan+Honda+Toyota=you never buying a car ever again barring a wreck

[@quonsetthehutt3105]

If you don’t like new techy cars then get a Nissan. It’s like a time capsule. We had a rental frontier truck for a week and the folding seat back latch was already broken. It had 50 miles on it.

[@JK20239]

@@liamschilter6073 1997 nissan pickup 200k miles. Honda odyssey 120k miles and 2010 Camry 170k miles.

[@sharonshirah9389]

Thanks, Dave for making my day! I laughed myself silly over this one. I realize this segment is from several years ago, but the inherent wisdom you conveyed in it holds the test of time. Thanks for sharing and all you do. 😅